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KUNMING, March 10 (Xinhua) -- An alleged ringleader and his 32 gang members stood trial Wednesday on gang-related charges in southwest China's Yunnan Province.Shen Chao, the alleged ringleader, faces seven charges, including organizing and leading a criminal gang, gambling, murder, intentionally injuring people, causing social disturbance, and illegal possession of firearms and ammunition.Shen denied all the charges except for gambling, saying that he was "too busy investing in coal mines in Shaotong city to commit the crimes (he is charged with)."Prosecutors identified Shen Chao as the ringleader, Shen Yang, Zhang Ning, Shen Hang and Yao Shunlin as the core members.The trial would last two days in Kunming Municipal Intermediate People's Court.

BEIJING, Feb. 6 -- The Chinese government is looking at ways to protect consumer rights and develop common standards in the burgeoning pre-paid card industry.The popularity of the cards has flourished in recent years in major cities such as Shanghai and Beijing. In 2007, just four companies in Beijing issued them. Now more than 300 have been registered in the city with the People's Bank of China (PBOC).Complaints have also risen. In Shanghai, where the cards are used most, 4,800 people complained between January and November last year compared with 4,049 during the whole of 2008.Most complaints were about the cards' expiry, as money left on them is kept by some companies."I feel my money on the pre-paid card is very risky since I have to pay close attention to when it expires and try to spend all of it before that date or I will lose it. It's unfair to limit the time available to spend my own money," said Liu Xiaodan, a 26-year-old salesman.It's estimated that the total volume of money left on pre-paid cards after they expire is more than 100 million yuan in Shanghai. The figure for Beijing is not available.The PBOC will launch a series of supervisory regulations this year to oversee the operation of pre-paid card companies, said Zhang Wei, a financial industry analyst. "One of the most important aspects is the management of any money left on the card after it expires. Any investment of money on the cards either before or after they expire must be at zero risk."Fang Xinghai, the head of Shanghai Finance Office, said his organization worked closely with the PBOC to keep an eye on pre-paid card companies."We suggest that special accounts should be opened with the bank where the money on the cards is held to ensure it is safe," he said."If that happens, even if the company goes bust, the money will still be fixed in the account and the cardholders' rights will be protected."Warnings about the risks involved in using pre-paid cards are displayed on the Beijing Administration for Industry and Commerce's website. Complaints about the cards tend to reach their peak during the Spring Festival, when many people buy them as gifts for friends and relatives.The first pre-paid card arrived in Beijing in 2002. Customers can deposit between 100 and 200,000 yuan on them for use at participating shops, restaurants and gyms.Some companies issue them to their employees as an extra benefit.Their popularity took off because they save the inconvenience of carrying money around and enable people to control spending, especially useful if they are given to children or housekeepers.However, the companies behind them are currently regarded as unspecified financial institutions by the PBOC and, as such, are not strictly regulated. That means people have few rights if the company goes bankrupt. They will no longer be able to use the cards, no matter how much money is on them, and will have difficulty reclaiming their cash.Cheng Xi, a 28-year-old engineer, said: "I received the pre-paid card as a gift but I would not buy one myself because I'm not familiar with the pre-paid card company and, if it goes bankrupt, my money would disappear."No matter how distinguished and reputable the company behind a card is, its most important challenge is to win clients' trust."Having a standard trademark like China UnionPay, which has a good reputation for reliability, is necessary for a company to distinguish it from those with a bad reputation. The company that wins the trust of most clients will be the biggest winner," said Clark Lin, a financial analyst at Thomson Reuters.Fu Dingsheng, a civil and business law expert at East China University of Political Science and Law, said: "Part of the pre-paid card company's capital should be classified as a guarantee deposit when the issuers register their companies. In that way consumers' rights can be met to some extent when a dispute occurs."Even though the prepaid card sector is an emerging industry with little or no supervision, the government is speeding up its oversight of the sector."PBOC is playing a leading role in the supervision of the industry. We regard this as an important task to complete in order to protect consumers' rights to the greatest extent," said Fang from Shanghai Finance Office.

DAVOS, Switzerland, Jan. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang on Thursday met World Economic Forum executive chairman Klaus Schwab, stressing his country's commitment to cooperating with the international community to boost sustained and balanced economic growth in the world.Li told Schwab, founder of the annual forum, that as the largest developing country in the world, China will stick to its responsibility in extending cooperation into more fields and into different layers during the global economic recovery.Chinese Vice Premier Li Keqiang (L front) meets with Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), in Davos, Switzerland, Jan. 28, 2010China will keep the continuity and stability of its macro-economic policies, continue to follow a proactive fiscal policy and moderately easy monetary policy and make its policies better targeted and more flexible in response to new circumstances, Li said.The vice-premier described his country's cooperation with the World Economic Forum as sound and fruitful over the years.The Chinese cities of Dalian and Tianjin have so far offered to host three summer versions of the Davos forum.Schwab said that China has played an active and promotive role in boosting global economic recovery and is an important force to be reckoned with in the world economic arena.Chinese Vice Premier Li Keqiang (1st R) meets with Klaus Schwab (2nd R), founder and executive chairman of the World Economic Forum (WEF), in Davos, Switzerland, Jan. 28, 2010.Schwab expressed his hope that the winter and summer versions of the economic forum would complement each other and attract the participation of trend-setters in such sectors as new energy and new technology to render the fora more influential worldwide.The vice premier also met, on the sidelines of the forum, entrepreneurs and executives from companies from various countries.

BEIJING, March 7 (Xinhua) -- Han Zheng, Mayor of Shanghai, confirmed here Sunday he would lead a delegation to visit Taiwan in April to promote the upcoming World Expo.The confirmation by Han himself came on the sidelines of the annual session of the National People's Congress (NPC), China's supreme legislature."I have been expecting for long to visit the Treasure Island of Taiwan," Han said. "Though the exact date has yet to be decided, I hope to make it early April."The mayor said he would take his Taiwan visit as a chance not only to promote the World Expo, which is slated to open on May 1, but to further boost Shanghai's economic and cultural exchanges with Taiwan.Taipei mayor Hau Lung-bin led a delegation to visit Shanghai in June 2008, drawing attention from the media for the improvement of cross-Strait relations between Taiwan and the mainland.

BEIJING, March 6 (Xinhua) -- "Transformation of the economic growth pattern" has become a key word on the agenda of the annual sessions of China's parliament and top advisory body as the country aims at complete recovery from the global financial crisis and seeks sustained growth.Following are quotes from some Chinese leaders that underscore the transformation. The leaders joined deputies to the National People's Congress (NPC) Saturday to deliberate Premier Wen Jiabao's government work report.-- The bottleneck that stagnates the transformation of the economic growth pattern lies in an imperfect institutional mechanism. Reforms in key areas and sectors should be quickened to strengthen the impetus for economic growth and provide institutional guarantee for the transformation, said Vice Premier Li Keqiang in his discussion with NPC deputies from Liaoning Province.-- Deepening reform and expanding opening-up offer fundamental impetus for shaping a competitive modern industry system, said He Guoqiang, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, in his discussion with NPC deputies from central Hunan Province.-- The transformation means a profound change in the economic sector, and it is currently, and will be in a long run, a major economic task of the nation, said Zhou Yongkang, member of the Standing Committee of the Political Bureau of the CPC Central Committee, in his discussion with NPC deputies from Heilongjiang Province.-- Cultural programs and cultural industry play an important role in enlightening the nation, and their development should be taken as an important approach to the transformation, said Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, in his discussion with NPC deputies from northwestern Shaanxi Province.

来源：资阳报