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BEIJING, Oct. 22 (Xinhua) -- China's anti-graft chief He Guoqiang Thursday hailed an online interview program on rectifying officials and government agencies' misconduct. He, secretary of the Central Commission for Discipline Inspection of the Communist Party of China, said the program by the People's Daily Online has made full use of the Internet media to answer people's questions and help solve their problems. The program will undoubtedly help promote the government's efforts in rectifying misconduct of officials and government agencies. The program started on July 16 to encourage people's participation in the government's rectifying campaign. Officials in charge of the rectification work are invited to answer netizens' questions, which cover a wide range of hot topics including farmers' benefits, education, medical treatment, transportation, food and drug safety among others. Netizens can also disclose misconduct of government agency staff during the online interview, and authorities will start investigations, according to the State Council's rectification office. Currently rectification offices in 31 provinces, autonomous regions and municipalities have set up their official Web sites.
SHANGHAI, Nov. 1 (Xinhua)-- HSBC has raised its forecast of China's GDP growth this year to 8.1 percent, said HSBC Group Chairman Stephen Green here Sunday. The bank's previous forecast was 7.8 percent. While attending the annual International Business Leaders' Advisory Council (IBLAC), Green said the world financial crisis has not derailed either of the two most noteworthy and transformative trends in global finance: "the rise of China and the shift from west to east." He also expected effects of China's stimulus packages would further lift the country's GDP growth and sustain the recovery momentum into 2010. Green said Shanghai, as China's largest city, had kept a relatively stable growth during the crisis, which suggested it had the potential to become one of the world's financial centers comparable to New York or London.
SIEM REAP, Dec. 20 (Xinhua) -- Visiting Chinese Vice President Xi Jinping met here with Cambodia's deputy prime minister on Sunday and voiced China's willingness to push for a higher-level relations with the country. During the meeting, Xi said bilateral friendship could date back to ancient times and both sides have maintained close contacts. Describing the ties as an example for friendly cooperation, Xi said the Chinese side is willing to enhance cooperation with Cambodia in various fields and push bilateral relations to a higher level, so as to bring more benefits to the two peoples. Visiting Chinese Vice President Xi Jinping (L front) meets with Sok An, Cambodian deputy prime minister and minister of council of ministers, in Siemreab, Cambodia, Dec. 20, 2009. Xi noted that Siemp Reap province has become a sister province with Yunnan, southwest China. He hoped that Siemp Reap, during its close contact with Yunnan, as well as other Chinese provinces, could give full play to the complementary advantages and expand exchanges and cooperation, in a bid to achieve common development. Sok An said Xi's visit will definitely promote the current bilateral friendly cooperation between the two countries. Cambodia is willing to enhance all-round cooperation with China to bring further benefits to the people of the two countries, Sok An said.
HEFEI, Nov. 29 (Xinhua) -- Vice Premier Li Keqiang on Sunday wrapped up his two-day inspection tour in East China's Anhui Province Sunday, calling for the acceleration of structural adjustment and industry upgrade to improve the quality and efficiency of economic growth. At the plant of Chery, China's largest home-brand automobile manufacturer, Li said he was delighted to see that the company maintained a vigorous growth momentum despite the global downturn. Li said the government should work to create a better environment for such companies to grow. Chinese Vice Premier Li Keqiang (C) shakes hands with a worker at Chery Automobile Co.,Ltd in Wuhu, east China's Anhui Province, Nov. 28, 2009. Li made an inspection tour in Anhui Province from Nov. 28 to 29 He encouraged local enterprises to develop energy-saving technologies for a new competitive edge. Li also checked on the pollution control program for the Chaohu Lake, one of China's five biggest fresh water lakes, and asked for more investment in environmental protection. Li also inspected research institutions, hospitals and communities in Anhui Province.Chinese Vice Premier Li Keqiang (C) talks with a worker at Anhui Conch Group in east China's Anhui Province, Nov. 28, 2009. Li made an inspection tour in Anhui Province from Nov. 28 to 29.
BEIJING, Nov. 9 (Xinhua) -- China Merchants Securities, a leading domestic brokerage firm, announced Monday that it has set its A-share initial public offering (IPO) price range between 26 yuan (3.8 U.S. dollars) and 31 yuan. The Guangdong-based brokerage is scheduled to issue no more than 358.5 million shares, it said in a statement to the Shanghai Stock Exchange Monday. The IPO price translates into a price to earnings (P/E) ratio between 47.18 and 56.26 times. The subscription of the company starts on Tuesday, said the company.