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SUZHOU, Jiangsu, Dec. 11 (Xinhua) -- China's Ministry of Public Security (MPS) has announced that the special campaign to crackdown on prostitution has been effective, with cases of prostitution and obscene performances in entertainment venues in October dropping 18.4 percent on a month-on month basis.The campaign in the latter half of the year attached increased importance to the investigation and punishment of the organizers of prostitution.The campaign also targeted business operators and the "protective umbrellas" - sometimes local government officials - that allow prostitution to happen, according to a document released at a ministry work conference in Suzhou Saturday.More effort must be made to educate and rehabilitate women involved in the prostitution and obscene performance cases, the document said.According to the document, the MPS sent 27 groups of inspectors to 651 entertainment business venues in four municipalities and 20 provinces during the campaign. At some 381 of the venues, cases of prostitution or obscene performance were discovered.In July, the ministry sent 10 inspection groups to eight cities in Jilin, Shanghai, Guangdong, Hainan, Sichuan and Shaanxi, to raid 10 entertainment venues, resulting in the arrest of 370 suspects.In the following three months, the ministry and local police solved 54 major cases, the document said.
BEIJING, Dec. 6 (Xinhua) -- Chinese credit rating firm Dagong Global Credit Rating assessed the sovereign credit rating of Ireland at BBB in its third sovereign or regional credit rating report released Monday.Dagong's credit rating of Ireland is lower than that given by Moody's, Standard and Poor's and Fitch."Dagong made its assessment based on factors such as Ireland's increasing debt level, the administrative capability of its government, economic and financial strength," Dagong Global said.Dagong Global's announcement follows the proposed 85-billion-euro bailout of debt-hit Ireland by the European Union and the International Monetary Fund.Dagong's report also rated four other nations - Finland, Uruguay, Kenya and Sudan.In terms of domestic currency-denominated debt, Finland received the firm's top AAA rating, but with a negative outlook.Uruguay was rated BB-plus while Kenya received a B rating.Sudan was rated C, the nation's first sovereign credit rating.Dagong Global uses a three-level assessment system, with each level containing three sub-levels. For example, AAA, AA and A.The rating agency published sovereign credit ratings in two earlier reports. One on July 11 rated 50 countries. The second on October 20 rated nine countries and regions.Founded in 1994, Dagong Global is a pioneer in the rating of industry, region and sovereign debt. It is also a leading credit rating firm for corporate bonds, financial bonds and structured debt.
WASHINGTON, Dec. 2 (Xinhua) -- China's rapid economic growth is good for the U.S. workers, and the U.S. government is committed to improving bilateral economic relations with China, said U.S. Commerce Secretary Gary Locke on Thursday."China has lifted almost 200 million people out of poverty (in the past two decades). And in the years ahead, hundreds of millions more Chinese will ascend into the middle class," Locke said at a U.S.-China commercial relations forum, which was held in Washington ahead of the U.S.-China Joint Commission on Commerce and Trade (JCCT) session scheduled for Dec. 14-15."The United States welcomes this growth because this is good for the people of China ... it's good for the global economy, and good for U.S. business and ultimately, U.S. workers," said Locke.He noted that as recently as 40 years ago, the commercial relationship between the United States and China barely existed. But in the recent decades, "we have seen our countries grow progressively closer."In 2009, the bilateral trade volume reached some 365 billion dollars. China was the largest supplier of U.S. goods imports in 2009 and was the third-largest market for U.S. exports, only after Canada and Mexico.Locke mentioned that as U.S. Commerce Secretary, he has visited China for four times."Each time I visit China, I'm absolutely amazed by the transformation and the progress within China," he said.Locke noted that although there are disagreements between the two sides, there are more opportunities for cooperation."In many areas, especially in emerging industries, like clean energy and biotechnology, the interests of China and the United States are tied together. And the reform as good for the U.S. will be good for China as well," he added.Locke also revealed that during the upcoming 21st session of the JCCT in Washington D.C., the two countries will seek to further "nurture and improve the most highly-scrutinized bilateral economic relationship on Earth.""This is our most important bilateral dialogue or mechanism for resolving trade and investment issues between our two countries," he stressed.The session will be co-chaired by Locke and U.S. Trade Representative Ron Kirk with Chinese Vice Premier Wang Qishan. U.S. Secretary of Agriculture Tom Vilsack will also join the dialogue.
LONDON, Jan. 12 (Xinhua) -- Chinese Vice Premier Li Keqiang met with British Business Secretary Vince Cable here on Wednesday, with both sides agreeing to further develop economic and trade ties.China and Britain are both major economies in the world, so bilateral trade has a solid foundation and broad prospects, said Li, adding that the two sides should establish a more strategic and long-term economic and trade relationship, and jointly promote economic growth.He said the two countries should further expand mutual investment, deepen cooperation in infrastructure construction, advanced manufacturing and service trade, energy development, innovative technology and other areas, and jointly develop the third-party markets.The Chinese leader welcomed British companies to continue to invest in China, and said China would also encourage more Chinese enterprises to invest and seek development in Britain.He pledged that China will continue to improve its investment environment and provide convenience for British enterprises, while also expressing the hope that Britain can do the same for Chinese investors.In his turn, Cable said the British government and business community have been committed to developing closer economic and trade ties with China, adding that the two countries have complementary advantages and therefore great potential for broader and deeper cooperation.British entrepreneurs present at the meeting briefed Li about their investment and operations in China.Li, accompanied by Cable, also visited on Wednesday the BRE Innovation Park and an exhibition of the latest research development and achievements in the field of low-carbon architecture and community.
BEIJING, Dec. 3 (Xinhua) -- China and Venezuela Friday pledged to boost bilateral relations and cooperation.The pledge came out of a meeting between Chinese Vice Premier Li Keqiang and Venezuelan government delegation, which is in China for the ninth meeting of the China-Venezuela Senior Mixed Committee.Hailing the fast growth of China-Venezuela relations in recent years, Li said the two sides have enjoyed fruitful cooperation in areas including energy, agriculture, culture and infrastructure.Li noted that Venezuela has become one of China's most important trading and investment partners in Latin America.Chinese Vice Premier Li Keqiang (R front) meets with Jorge Giordani, chief delegate of a Venezuelan government delegation, which is in China for the ninth meeting of the China-Venezuela Senior Mixed Committee, in Beijing, capital of China, Dec. 3, 2010.He said strengthening cooperation between the two countries is not only beneficial for the two countries but also good for south-south cooperation and the overall strength of developing countries.China will conduct relations with Venezuela with a strategic point of view and promote pragmatic cooperation in all areas, Li said.He added that the mixed committee of senior officials from both sides can play an active role in this regard.The vice premier also extended his condolences to northern parts of Venezuela, which were hit by the recent flooding.He also announced, on behalf of the Chinese government, an emergency assistance package for Venezuela to help in the food relief work.Chief delegate Jorge Giordani, the Venezuelan minister of planning and finance, expressed Venezuela's gratitude for China's assistance.He also said Venezuela is satisfied with the two countries' expanding cooperation.He said Venezuela will continue to expand cooperation with China while taking the bilateral relationship to a new high.