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BEIJING, July 10 (Xinhua) -- China's Ministry of Finance (MOF) announced Friday that it will launch two more batches of electronic savings bonds of up to 50 billion yuan (7.32 billion U.S. dollars) since next week.     According to the ministry, one batch of the e-savings bonds of 40 billion yuan has a term of three years, with a fixed annual interest rate of 3.73 percent.     The other, the five-year e-savings bonds, is worth 10 billion yuan at a fixed annual interest rate of four percent.     The two bonds will be issued from July 15 to 31, with interests to be calculated from July 15 and paid annually, said the ministry in a statement on its website.     These bonds are open to only individual investors, the MOF said.     Compared with other types of bonds, the e-savings bond is seen as more convenient for investors. For example, the interest can bepaid through direct deposit into the investor's account.     This is the second time the ministry launches this kind of bond this year, with the first issuance of two batches of e-savings bonds in April.     The ministry also said it would issue two batches of book-entry treasury bonds next week with a face value of 12.48 billion yuan and 12.65 billion yuan each.     One with the face value of 12.48 billion yuan has a term of 91 days, and the issue price, set by competitive bidding, was 99.72 yuan for a face value of 100 yuan. In this sense, the annual yield will be 1.15 percent, the ministry said.     The other has a term of 273 days, and the issue price was set at 99.077 yuan for 100 yuan, with an annual yield of 1.25 percent.     The ministry said the book-entry T-bonds will be sold from July 13 to July 15. Trading of the bonds will begin July 17.

BEIJING, April 23 (Xinhua) -- Chinese Premier Wen Jiabao, an avid reader, encouraged citizens to read more and be studious and selective in their reading on World Reading Day, which fell on Thursday.     Wen made the remarks when visiting a branch of the Commercial Press and the National Library in Beijing Thursday.     Books are the crystallization of human wisdom and reading is important in promoting an individual's accomplishments and state of mind, improving citizens' quality and strength, and shaping a country's future, he said when visiting the National Library. Chinese Premier Wen Jiabao (2nd R) views a treasure collected by the National Library in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright DayThere's no hope for individuals and the nation if citizens do not read, he said.     When talking to the young people in the library, Wen said people should find time to read.     An individual could at least spare half an hour reading about three to four pages, and hence reading more than one hundred pages in a month and several books in a year, he said.     He said the promotion of reading was significant amid an unprecedented global financial crisis. Overcoming this crisis requires not only material power, but also spiritual power.     He said fundamentally, it needs people, the power of knowledge and scientific and technological revolution to conquer this financial crisis. Chinese Premier Wen Jiabao (2nd R Front) shakes hands with a staff member of the Commercial Press in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright Day. Reading warm people's hearts and boost their confidence, he said.     He also advised readers to be selective, choosing books from insightful writers and those that were well-written, as well as those that had stood the test of time.     Books can not change the world, but people change the world by changing themselves through reading, he said.     He said he would love to see every passenger holding a book on hand when riding subways.     "I always believe that knowledge gives people not only strength, but also security and happiness," he said.     When visiting a branch store of the Commercial Press, Wen spoke highly of the role of publication.     Without the publishing sector, culture cannot be inherited, scientific exploration would be halted and the historical records would not exist, he said.     He also urged efforts to publish more classical works.     A good book requires the writers to have rich experience, insightful minds and noble languages, and editors with strong sense of social responsibility and a working style of preciseness, he said.     When talking to the English editors of the press, he said the Chinese publishers should not only take the role of promoting the construction of Chinese civilization, but also help spread the world's civilizations.     Wen is fond of reading and has often quoted Chinese poets and proverbs during press conferences. Chinese Premier Wen Jiabao (C Front) views a treasure collected by the National Library in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright Day

HONG KONG, May 18 (Xinhua) -- China will definitely be able to meet the target of achieving eight percent economic growth in 2009, a senior official of the country's top economic planning body said here Monday.     "Judging from the indicators of the first four months, I do believe it is highly possible to achieve an eight percent growth for the full year. In fact, I believe the target will definitely be met," said Xulin, head of the Department of Fiscal and Financial Affairs of the National Development and Reform Commission.     Speaking at a briefing in Hong Kong, Xu said the basic assessment was that there has been consolidation in the recovery momentum and that the minor slowdown in April, normal as it has been when considering the past experiences, did not necessarily signal a second bottom in the ongoing economic downturn.     Economic planners have been monitoring the economy closely and are prepared to put in place additional measures in the coming months if it is necessary, Xu said.     Post-earthquake reconstruction in Sichuan province was being carried out quicker than previously planned. Small and medium enterprises were receiving financing aid from guarantee programs, Xu told local as well as foreign reporters.     The National Development and Reform Commission will approve 600 billion yuan (88 billion U.S. dollars) of corporate bonds this year as the IPO market remained cool, compared with 236 billion (35 billion U.S. dollars) for 2008, Xu said.     The debt of the Chinese government was about 20 percent of gross domestic product, compared with over 190 percent for Japan, close to 100 percent for the United States and 60 percent on average for the European economies.     The Chinese government has planned a budget deficit of 950 billion yuan (139 billion U.S. dollars) for 2009, which represented about 2.8 percent of gross domestic product.     Xu said the ample resources could sustain heavy government investment to stimulate the economy for several years although "it was not necessary. "The Chinese government will spend more resources to develop public housing programs and a pension system and to push forward the health reform, so as to increase the contribution of domestic consumption to economic growth," Xu said.     "I don't think export can still play the roles as they did in past few years in driving the Chinese economy," Xu said, adding that China, as a responsible player, would like to see a moderately stable yuan.

BEIJING, May 5 (Xinhua) -- With the influenza A/H1N1 already spreading to more than 20 countries and regions, China is taking swift actions to keep the deadly virus at bay, while both the world health body and the country itself have defended the strict quarantine policies the government has adopted. Passengers of T98 train go through customs at Beijing West Railway Station in Beijing, capital of China, May 5, 2009. T98 train connecting Kowloon and Beijing arrived here Tuesday. This was the first arrival of a train from Hong Kong in Beijing since the first human influenza A/H1N1 case was confirmed in Hong Kong, south China, on May 1.CABINET DECISION     The country will continue to impose strict medical examinations and follow-up checks on travelers from flu-affected countries and regions to prevent influenza A/H1N1, the State Council (cabinet) said here Tuesday.     Vehicles and cargo from flu-affected countries and regions will be disinfected, it said in a statement after a meeting presided over by Premier Wen Jiabao.     The central government will allot 5 billion yuan (725 million U.S. dollars) for flu prevention and control, it said.     The government will also step up research of vaccines and medicines, including alternative treatments of traditional Chinese medicine, according to the statement.     The mainland will cooperate with Hong Kong, Macao and Taiwan, and China will provide financial and technical support for countries and regions that need assistance, the statement said.     The agriculture authorities would tighten monitoring of pig farms, slaughterhouses and livestock markets, it said. 　　CANADIAN STUDENTS QUARANTINED     China defended on Tuesday its quarantine of 25 Canadian students in Changchun, capital of northeastern Jilin Province, saying it was in accordance with law and the Canadians had assented to it. Mexicans board a chartered plane in Shanghai, east China, May 5, 2009. A Mexican chartered plane carried 43 quarantined Mexicans and 34 others back to Mexico Tuesday. Those on the plane included 43 crew members and passengers on board the AM098 and 34 others who worked and lived in China but were not under quarantine. The passengers were quarantined after one Mexican passenger was diagnosed with the influenza A/H1N1 on board flight AM098 from Mexico to Shanghai. Other six Mexican passengers volunteered to stay in the city and live under quarantineThe students began a seven-day quarantine period at a hotel on May 2 when they arrived, the same day that Canada confirmed 51 cases of A/H1N1 epidemic infection, said Foreign Ministry spokesman Ma Zhaoxu.     Canada has recorded up to 140 cases of A/H1N1 flu by Tuesday, the third-highest figure following Mexico and the United States.     Ma said the quarantine was in line with the Law on the Prevention and Treatment of Infectious Diseases and Frontier Health and Quarantine Law of China.     The students were being well treated, and the authorities had made favorable arrangements for their residence, food and health care.     None of the students showed any signs of illness and they were satisfied with the situation, said Ma.     The local government had informed the Canadian embassy in China of the quarantine on May 3, and the two countries had been in close contact regarding the virus, he said. Ambulances carrying Mexican nationals head for the Pudong international airport in Shanghai, east China, May 5, 2009. A Mexican chartered plane carried 43 quarantined Mexicans and 34 others back to Mexico Tuesday. Those on the plane included 43 crew members and passengers on board the AM098 and 34 others who worked and lived in China but were not under quarantine. The passengers were quarantined after one Mexican passenger was diagnosed with the influenza A/H1N1 on board flight AM098 from Mexico to Shanghai. Other six Mexican passengers volunteered to stay in the city and live under quarantineCHARTERED FLIGHTS BETWEEN CHINA, MEXICO     A total of 79 Chinese citizens left Mexico City early Tuesday aboard a chartered flight sent by the Chinese government. The plane took off from international airport Benito Juarez at about 3:05 a.m. local time (0805 GMT), heading towards Tijuana, northern city on the U.S.-Mexico border, to lift 20 more Chinese before returning to China.     But due to bad weather, the had to land in Los Angeles, the flight operator said. The plane landed in Los Angeles at around 9p.m. (6 a.m. local time, 1300 GMT), China Southern Airlines said, adding it depends on the weather as to when the plane will leave for Tijuana.     China sent the chartered flight after an agreement with Mexico, the epicenter of the A/H1N1 flu outbreak, to send chartered flights to each other's countries to bring back their stranded nationals.     The aircraft Boeing 777-200 is expected to return to Shanghai at 10 a.m. Wednesday local time (0200 GMT), its operator Guangzhou-based China Southern Airlines said.     China suspended direct flights from Mexico to Shanghai since Saturday after a 25-year-old Mexican man, who arrived in Shanghai Thursday aboard flight Aeromexico 098, was later diagnosed with A/H1N1 flu in Hong Kong. A medical staff member walks past ambulances carrying Mexican nationals in Shanghai, east China, May 5, 2009. A Mexican chartered plane carried 43 quarantined Mexicans and 34 others back to Mexico Tuesday. Those on the plane included 43 crew members and passengers on board the AM098 and 34 others who worked and lived in China but were not under quarantine. The passengers were quarantined after one Mexican passenger was diagnosed with the influenza A/H1N1 on board flight AM098 from Mexico to Shanghai. Other six Mexican passengers volunteered to stay in the city and live under quarantineAlso on Tuesday, a Mexican chartered plane arrived at the Shanghai Pudong International Airport on Tuesday to pick up the quarantined Mexicans who had been on the same flight with the victim.     Andres Pena, vice consul-general of Mexico in Shanghai, said those who got on the plane included 43 crew and passengers on board the AM098 and 34 others, who worked and lived in China but were not under quarantine. 　　WHO DEFENDING QUARANTINE     The Mexican government on Monday complained China's decision to quarantine the Mexican nationals in China.     However, World Health Organization (WHO) flu chief Keiji Fukudasaid quarantines were a "long-established principle" that make sense in the early phases of an outbreak.     "There are other countries that are taking similar actions like China, so I don't think China is standing out in this respect," said Dr. Hans Troedsson, WHO representative in China.     Wen Li, a Chinese citizen, who is under quarantine in Beijing, said she was called by disease control staff at midnight on Saturday to be placed under quarantine because she was a passenger on the AM098 flight.     "I think the quarantine is necessary and responsible for everybody, regardless of nationality," said the woman, adding that her quarantine is expected to end Wednesday evening or Thursday. 　　MASKS IN STRONG DEMAND     The ongoing worldwide A/H1N1 flu scare has led to strong demand for masks at the ongoing 105th China Import and Export Fair, also Canton Fair.     "Customers came to our booth, putting their hands on mouth to signal that they want to buy masks. There are so many customers that we are running out of stock," said Li Yan, saleswoman of Conghua Puyuan Health Articles Factory in southern China's Guangdong Province, Tuesday.     Business people from across the world gathered at booths selling medicine and health material at the fair. It was even more crowded at booths selling masks and thermometers.     Fuzelong, a Guangzhou-based medical material company, said they have won orders for 3 million masks over the past three days, compared with no more than 500,000 masks during previous fairs.     The traditional Chinese medicine, which doctors say will help protect people from flu virus, also drew attention. Qi Haidong, manager of a Guangzhou-based pharmaceutical company, said the Chinese herbal medicine for treating colds Radix Isatidis sold well.     MAN NABBED FOR SELLING FAKE DRUG     There are other people who want to cash in on people's fear over the killer flu. Chinese border police Tuesday arrested a man for selling fake influenza A/H1N1 medicine to foreign ship crews in Shanghai.     The man, a rural migrant worker from central China's Hunan Province was found to have sold so called "miracle" medicine to foreign crews at the Shanghai port.     If any foreign crew members showed flu symptoms, they should see doctors rather than believe some so-called "miracle" medicine, police said

BEIJING, May 17 (Xinhua) -- Chinese military authorities pledged Sunday to tighten supervision on senior and middle ranking officers, through strict punishment in cases of breach of duty and regular inspection of their work.     The military will adopt a strict system to investigate and punish senior officers for breaching duty or making mistakes, said a circular issued by the Central Military Commission (CMC) on Sunday.     The document, approved by CMC Chairman Hu Jintao, said it will also introduce a system of accountability by regular inspection on the work of officers at army corps level.     Military units higher than regiment level of the People's Liberation Army must review the work of their commanding officers at least once a year, it added.     Commanding officers from regiment to army corps levels are usually regarded as middle and senior ranking PLA officers.     It will tighten inspection on senior officers to see whether they strictly follow the military disciplines and show loyalty to the Communist Party of China.     The circular called on the officers to keep a communist nature. "In the face of a complicated ideological situation, senior military officers must stick to their faith and keep a firm political stance," it said.     They should devote themselves to building up the country's military capacity to win local wars in the information age, it said.     The document said that the supervision and inspection will focus on any examples of extravagance and waste by military officers.