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BEIJING, April 6(Xinhua) -- Chinese Vice Premier Hui Liangyu has urged the state-run newspaper Farmers' Daily to make a greater contribution to the modernization drive of Chinese agriculture.Hui made the remarks in his congratulatory message commemorating the 30th anniversary of the founding of the Farmer's Daily, China's first national newspaper targeted at rural residents.A symposium marking the anniversary was held Tuesday at the Great Hall of the People, where the vice premier's congratulatory message was read.The newspaper has comprehensively covered the tremendous changes taking place in rural areas and in the agricultural sector over the past 30 years, Hui said.The Farmers' Daily has reported farmers' demands in a timely manner and has created a favorable atmosphere for the promotion of rural reforms and development, Hui said.He asked the newspaper to adhere to its guidelines of serving the farmers, train more high-quality staff for news reporting and embrace innovation in its reports and newspaper format.
BEIJING, May 22 -- China's stock index futures wrapped up their first month of trading on Friday as the May contract was delivered smoothly without triggering sharp declines or volatility in the spot market.The May contract rose 0.51 percent to close at 2749.8 points while the June contract, the most actively traded, rose 1.44 percent to close at 2801 points. The CSI 300 Index, which tracks 300 large caps traded on the Shanghai and Shenzhen bourses gained 1.57 percent to 2768.79 points.The smooth settlement of the May contract eased investors' worries about the "expiration day effect", with fears that it would trigger sharper volatility on the spot market due to more active trading of index futures as investors rushed to close positions for May and changed to June contracts on that day."The trading volume and the holdings of the May contract dramatically decreased in the past month, which significantly reduced the incentive of price manipulation in the spot market," said Yang Cui, an analyst at Changjiang Securities.Chen Zhenzhi, an analyst at Guangfa Futures, said the impact of the expiry day was very limited due to the fact that most institutional investors have not participated in index futures trading.The China's index futures market is still dominated by retail investors although securities firms and equity funds have been allowed to trade the new financial instrument. The securities regulator required that institutional investors should trade index futures for hedging rather than speculative purposes.Trading of index futures contracts, agreements to buy or sell the CSI 300 Index at a present value on an agreed date, allow investors to profit from both gains and declines in the market. Chinese investors could previously only profit from gains in equity prices.Some analysts said the launch of the financial instrument was one of the reasons leading to the recent decline as the short selling mechanism increases market volatility in the short term.The benchmark Shanghai Composite Index has declined 17 percent since the launch of index futures trading on April 16. It has been ranked as one of the world's worst performers along with some debt-troubled European countries.But Wang Lianzhou, former deputy director of the National People's Congress' finance and economics committee, was recently quoted by Chinese media as saying that the market's decline should not be blamed on index futures, which is designed to make the market more professional and less speculative.

TASHKENT, May 22 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Saturday at the end of visits to Tunisia, Ukraine, Uzbekistan that China and the three nations have pledged closer cooperation in trade, energy and infrastructure.Yang described the visits as "fruitful," saying he and leaders of the three nations held in-depth discussion about how to step up pragmatic cooperation."Broad consensus has been reached," Yang said in a joint interview with Xinhua, China Central Television and China Radio International."The four countries agreed that it is necessary to look into new ways of cooperation, especially in trade and economy," Yang said.China and the three countries pledged to expand mutually beneficial cooperation in telecommunication, energy, science and technology and infrastructure construction, he said.They also decided to promote cultural, humanitarian and youth exchanges, and deepen mutual understanding, Yang said."The four nations are ready to work together to safeguard world and regional peace, stability and development," Yang said.To that end, the foreign minister said, the countries pledged to enhance consultation and coordination in major international and regional affairs. They also pledged, he said, to strengthen cooperation within the frameworks of the United Nations, the Shanghai Cooperation Organization (SCO), the China-Arab Cooperation Forum and the China-Africa Cooperation Forum.The leaders of Tunisia, Ukraine, Uzbekistan expressed willingness to strengthen mutually beneficial cooperation, high-level contacts and political mutual trust with China, Yang said.The three states said they valued their friendships with China and would deal with their relationships with China from a strategic and long-term perspective, Yang said.The foreign minister visited Tunisia, Ukraine and Uzbekistan from May 17-22 as a guest of his counterparts in the three nations.He also attended a Council of Foreign Ministers meeting of the Shanghai Cooperation Organization on Saturday in Tashkent, the capital of Uzbekistan.Yang said the foreign ministers meeting was mainly aimed at making sure the SOC members are politically prepared for the bloc's Tashkent summit in June.During the meeting, the SOO members agreed that they would steadfastly implement all of the important consensus concerning the SCO's development reached by their leaders, he said.Moreover, they should effectively deal with constantly emerging threats and challenges so as to defend the fundamental interests of the bloc and its members, and help the bloc play a bigger role in promoting regional peace, stability and development, Yang said.
MOSCOW, June 4 (Xinhua) -- The sixth Women's Culture Week as well as the fourth Women Forum between China and Russia kicked off here on Friday.Speaker of the Russian Federal Council, or the upper house of the parliament, Sergei Mironov extended his warm welcome to the inauguration of the event themed "Women and Economy."Calling the strategic partnership of cooperation with China one of the top priorities for Russia in its foreign affairs, Mironov said the long-time collaboration between Russian and Chinese women has made great contribution to the deepening of mutual friendship and understanding.Chen Zhili (4th L), vice chairwoman of the Standing Committee of the National People's Congress, China's top legislature, and also chairwoman of the All-China Women's Federation (ACWF), poses for photos with Svetlana Orlova (5th L), vice chairwoman of Russia's Federation Council, Li Hui (3rd R), Chinese ambassador to Russia, and delegates of the sixth China-Russia Women's Culture Week and the fourth forum between Chinese and Russian women, in Moscow, capital of Russia, June 4, 2010. The sixth China-Russia Women's Culture Week and the fourth forum between Chinese and Russian women kicked off here on Friday.At present, the Russian government and people pay more attention to gender equality and the protection of women rights, said Mironov.Vice Chairwoman of the Standing Committee of China's National People's Congress (NPC) Chen Zhili said China and Russia have conducted multi-layer, multi-sector and multi-faceted cooperation, as bilateral relations are on a fast track of comprehensive and profound development.
BEIJING, March 29 (Xinhua) -- China on Monday strongly condemned the bomb attacks in Moscow's metro system, and extended condolences to the families of victims."We strongly condemn the terrorist attack in Moscow subway, and express deep condolences over the deaths," said Foreign Ministry spokesman Qin Gang.He said China supported Russia's efforts in fighting terrorism, and hoped to enhance cooperation within bilateral and Shanghai Cooperation Organization frameworks, to safeguard regional peace and stability.Earlier Monday, Chinese President Hu Jintao sent a telegram to Russian counterpart Dmitry Medvedev to extend condolences over the bombings.Two suicide bombings hit Moscow subway stations on Monday morning, killing at least 37 people and injuring more than 100 on two packed trains during the rush hour, according to Russian officials.It has been confirmed that the rush-hour blasts were set off by two female suicide bombers, who probably were linked to terrorist groups in the North Caucasus.
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