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BEIJING, June 9 (Xinhua) -- Chinese Premier Wen Jiabao on Monday said the medical treatment and epidemic prevention tasks in the quake regions were still tough and no relaxation would be allowed. Presiding over a quake relief meeting here, Wen urged bolstering the treatment of the injured to minimize fatalities and disability. Chinese Premier Wen Jiabao speaks during the quake relief meeting in Beijing on Monday, June 9, 2008. He stressed that the medical treatment and epidemic prevention tasks in the quake regions were still tough and no relaxation would be allowed.He urged local governments to resume as soon as possible the prevention and control of endemics and health supervision systems, strengthening epidemic surveillance and reporting, and enhancing the supervision of drinking water and food safety. He said that normal medical services should also be restored as soon as possible to guarantee the basic medical need of quake victims. Under concerted efforts from relevant sides, the epidemic prevention work was progressing in a forceful, orderly and effective way, Wen said. All affected people in all counties, towns, villages and temporary settlements had been covered. No concentrated epidemic outbreaks or emergent public health incidents had been reported, according to the meeting. The 8.0-magnitude earthquake rocked the southwestern Sichuan Province and neighboring regions, including the northwestern Gansu and Shaanxi provinces on May 12. As of Monday noon, it had taken 69,142 lives, injured 374,065 people, left 17,551 missing and 46.25 million affected. The meeting was also briefed on the quake relief work in Gansu and Shaanxi, which also suffered great losses. It directed the two provinces to resume production in the affected areas at the earliest date possible and to rehabilitate the infrastructure. The central government would provide support in policies, capital and material, the meeting said.
BEIJING, April 27 (Xinhua) -- China should still be alert to the credit crisis starting in the United States more than one year ago that has afflicted the Chinese financial sector and export, Ou Minggang, deputy editor-in-chief of Chinese Banker magazine, said on Saturday. Ou told Xinhua during an interview that domestic banks and other financial institutions bear the brunt of the widespread U.S. subprime mortgage crisis, as those agencies' asset value and book earnings would dip to some extent. "Currently the impact on domestic financial institutions is still limited," he said. The Industrial and Commercial Bank of China, the country's largest lender, said at the end of last month its 2007 net profit rose 64.9 percent year-on-year to 82.3 billion yuan (11.7 billion U.S. dollars). The Bank of China posted a 31.3 percent net profit rise in 2007 after booking 1.3 billion U.S. dollars as an impairment allowance for its 4.99 billion U.S. dollars in investment in securities linked to U.S. subprime mortgages by the end of last year. However, the International Monetary Fund (IMF) said on April 8 that the recent financial turbulence triggered by the collapse of the U.S. subprime mortgage market could cost the global financial system to the tune of 945 billion U.S. dollars. "The global financial system has undoubtedly come under increasing strains since October 2007, and risks to financial stability remain elevated," the IMF warned in its latest Global Financial Stability Report. Ou said, "The crisis also made Chinese financial supervision regulators face up to the challenges of balancing financial innovation and risks, which requires them to push forward the reforms in the country's financial system in a more cautious manner." Experts warned that financial risks know no national boundaries and some foreign capital has fled from the Chinese financial market as many banking titans including Citigroup and Merrill Lynch were in deep water in credit crisis. China's benchmark Shanghai Composite Index, which covers both A and B shares, shrank nearly half from the peak of 6124.04 points of Oct. 16 last year to 3094.67 points on April 18. The overnight announcement of a cut in share trading taxes drove Chinese stocks 9.29 percent higher in soaring turnover on Thursday, with the key Shanghai Composite Index up 304 points to 3,583.03, the largest gain since Oct. 23, 2001. Chinese regulators announced curbs on the sale of non-tradable shares that come out of lock-up periods on April 20, another move to bolster the falling market. However, market observers held that the credit crisis and the U.S. economic slowdown are still casting gloom over Chinese investors' confidence. Experts said the crisis was spreading beyond the financial sector. Consumption confidence in the United States is dampened as the credit crisis unfolded, with Chinese exports also hurt. From January to March, China's total exports rose 21 percent to206 billion U.S. dollars, 6.4 percentage points lower than a year earlier. The exports to the U.S. grew 5.4 percent to 53 billion yuan, 15 percentage points lower than the same period of last year, according to customs statistics. In the trade hub of southern Guangdong Province, the growth of exports to the United States dwindled to 4.8 percent in the first quarter of this year from 15.5 percent in the same period of 2007,said Wu Gongquan, vice director-general with the province's department of foreign trade and economic cooperation. Zhang Yansheng, director of the International Economic Research Institute under the National Development and Reform Commission, said China needs to shift its economic driving force from relying on exports to domestic consumption, technology upgrading and management innovation. Ou added that the country should increase financial transfer payments to help low-income families to consume more and boost the consumption in the vast rural areas. Experts suggested that Chinese exporters should upgrade their products mix and open new markets besides their traditional key markets in the United States and Europe.
BOAO, Hainan, April 12 (Xinhua) -- The economic and trade exchanges and cooperation between the Chinese mainland and Taiwan was facing a historical opportunity and needed joint efforts from both sides for further progress, Hu Jintao, general secretary of the Communist Party of China Central Committee, said on Saturday. Hu made the remarks while meeting with Vincent C. Siew, chairman of the Taiwan-based Cross-Straits Common Market Foundation at the Boao Forum for Asia. Hu Jintao (R), general secretary of the Communist Party of China Central Committee, meets with Vincent Siew, chairman of the Taiwan-based Cross-Straits Common Market Foundation, in Boao, south China's Hainan Province, April 12, 2008Hu said under the new circumstances, the mainland would continue promoting cross-Straits economic and cultural exchanges and cooperation. The mainland would also make efforts to push forward negotiations on weekend charter flights and mainland tourists' travel to Taiwan, Hu said. He said the mainland would continue being concerned about Taiwan compatriots' welfare and protecting their legal rights and interests, and would step up efforts to restore cross-Straits negotiations and talks. Hu said the fact that the forum was attended by so many participants from all walks of life home and abroad reflected from one aspect Asian countries and regions' strong desire to reinforce communication and cooperation and seek win-win solutions. "The fact also inspired us to think deep about cross-Straits economic exchanges and cooperation under the new circumstances," Hu said. Siew said the economies of the mainland and Taiwan were closely related, and the development of trade and economic relations had contributed to cross-Straits stability. He hoped the weekend charter flights program would be launched as soon as possible and mainland tourists would soon travel to Taiwan, adding that direct flights and normal trade ties had become an inevitable choice. Hu said the cross-Straits economic exchanges and cooperation had achieved a prominent progress after 20 years of development. Facts proved that the economic exchanges and cooperation was the most vigorous factor in the cross-Straits relations and an effective way to benefit people on both sides and expand their common interests. Hu pointed out that in recent eight years, the cross-Straits relations "suffered twists and turns for reasons known to all", and people on both sides were not willing to see that. He stressed that the peaceful development of the cross-Straits relations was the shared will and common interests of compatriots on both sides.
BEIJING, Sept. 9 (Xinhua) -- "Teaching is the most splendid profession under the sun," said Premier Wen Jiabao on Tuesday, while meeting with elementary and high school teachers at his office in central Beijing, to mark Teachers' Day, which falls on Sept. 10 every year. Prior to their meeting, Wen showed his visitors around at the former office room of late Premier Zhou Enlai, in the Zhongnanhai compound, where both the Communist Party of China (CPC) Central Committee and the State Council are headquartered. Chinese Premier Wen Jiabao (Front) shows teachers around the Zhongnanhai compound, where both the Central Committee of the Communist Party of China and China's State Council (Cabinet) are headquartered, in central Beijing, China, Sept. 9, 2008. Wen Jiabao on Tuesday invited eight elementary and high school teachers to his office to jointly celebrate the Teachers' Day, which falls on Sept. 10As a beloved State and Party leader for the Chinese people, Zhou has been a banner for all with his lofty character and style, said the premier, who is also a member of the Standing Committee of the CPC Central Committee Political Bureau. During their talks, the premier asked the guests to give their comments on the proposed long-term outline on the country's educational reform and development. Tan Guoqiang, principal of the Yingxiu Elementary School in Wenchuan County of Sichuan Province, urged the government to deal with the issues of payment, academic titles and housing for rural teachers. Wen told Tan that the government will give top priority to rural education and improve the teaching conditions in the countryside by "building schools in the safest places." Chinese Premier Wen Jiabao (C Front) and State Councilor Liu Yandong (1st R Front) pose for a group photo with teachers in the Zhongnanhai compound, where both the Central Committee of the Communist Party of China and China's State Council (Cabinet) are headquartered, in central Beijing, China, Sept. 9, 2008Wenchuan was the epicenter of the deadly May 12 earthquake, which left more than 80,000 dead or missing and millions of homeless, including thousands of young students who died in collapsed school buildings. Tan is the only one among the eight visitors to come from outside Beijing. The other seven also gave their opinions on a series of issues including the current educational reform, and professional training, compulsory education for schoolchildren of migrant workers from rural areas. In his speech, the premier urged entrepreneurs to contribute more to the educational sector. "For entrepreneurs, the best way to pay back society is to invest in education," he said, in reply to a proposal by Liu Pengzhi, president of a local high school, who called for multiplying the resources of investment for education. Chinese Premier Wen Jiabao (C Rear) and State Councilor Liu Yandong (2nd R Rear) meet with teachers in Beijing, China, Sept. 9, 2008Wen supported Zhong Zhu, a 33-year old teacher from the No. 35 Middle School of Beijing, in his call for establishing parental schools and increasing awareness about responsibilities, rights and psychological health among students. He urged teachers to love students, students to respect teachers, and society to give priority to education. "Set students free, and not only allow them more hours to play, as well as give them more time to conduct sporting, thinking, practicing, and understanding society," said the premier. In his keynote address, Wen called education a "foundation stone" for the nation. China will be built into a first-class country with a first-class education system and first-class talents, he stressed. Teachers should be far-sighted, patriotic and faithful to their profession, said the premier. He urged teachers to set a good example for students, be more creative so that they can train more creative talents, and make greater efforts to obtain new knowledge to keep pace with the times. At the end of his speech, Wen showed his profound gratefulness, love and respect for teachers, especially those working in remote, rural and poverty-stricken areas. After the talks, Wen had a brief lunch with his visitors