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BEIJING, Feb. 10 (Xinhua) -- The Overseas Chinese Affairs Office of the State Council on Wednesday extended Chinese Lunar New Year greetings to all overseas Chinese, returned overseas Chinese and their relatives.Li Haifeng, director of the Overseas Chinese Affairs Office, said in a New Year speech that 2009 was a special year, in which China withstood the impact of international financial crisis and cross-Strait relations showed momentum for peaceful development."We sincerely hope that overseas Chinese will continue to contribute to the great cause of peaceful reunification of China," she said.Li extended best wishes for the Spring Festival -- which falls on Sunday -- to Chinese all over the world and promised that overseas Chinese affairs offices at all levels would continue to improve services to overseas Chinese and protect their rights.
BEIJING, Feb. 11 (Xinhua) -- The producer price index (PPI), a major measure of inflation at the wholesale level, rose 4.3 percent in January from a year earlier, the National Bureau of Statistics (NBS) announced Thursday.It quickened from 1.7 percent in December 2009 when the figure ended 12 months of decline.Analysts said the domestic price reform of major resource products and rising international commodity prices accelerated the PPI growth.In breakdown, the price of crude oil surged 70 percent, and that of raw coal was up 5.3 percent.Non-ferrous metal price rose by a quarter.
KAMPALA, Jan. 25 (Xinhua) -- Ugandan President Yoweri Museveni on Monday met officials of the China National Offshore Oil Corporation (CNOOC) amidst increased lobbying by international oil giants to enter the country's oil sector.A State House statement issued here said that the CNOOC officials who met Museveni at State House Entebbe, 40km south of the capital Kampala, expressed interest in joining Uganda's oil and gas sector by partnering up with Tullow, an Irish oil company.Tullow, which has oil blocks in western Uganda, is seeking a partner to help it start oil production in the country.The CNOOC meeting comes weeks after Italian oil giant, Eni Spa, also expressed interest in joining the country's oil sector, promising an oil refinery and a power plant.Eni wants to enter the sector by buying stakes of another oil company Heritage Oil which jointly operates two blocks with Tullow on a 50-50 percent venture.The Eni-Heritage deal which is yet to be concluded is embroiled in controversy as Tullow exercised a pre-emption move saying it has the first option to buy the Heritage stakes, a move the government said it would not accept because it would create a monopoly.Museveni told the CNOOC officials joined by Tullow officials that the government will discuss all proposals and announce its decision soon."President Museveni said that the government will discuss all proposals by companies operating in the oil and gas sector adding that the country looks forward to welcoming new companies," the statement said.The Museveni-CNOOC-Tullow meet also comes days after Aiden Heavey, Tullow's chief executive met Museveni urging Uganda to honor contractual obligations following the Eni-Heritage deal.Uganda's recently discovered oil is attracting a lot of attention from international oil giants.So far the country has discovered an estimated two billion barrels of oil and according to experts there is a possibility of discovering more.
BEIJING, Feb. 28 (Xinhua) -- The Chinese government pledges to improve the quality of education and enable people to enjoy fairer education through more investment and reforms in the coming decade.The draft of the National Outline for Medium and Long-term Education Reform and Development (2010-2020) was published Sunday for public opinions.The amount of government investment on education annually will increase to 4 percent of the country's total GDP by 2012, according to the outline. The proportion was 3.48 percent of its GDP in 2008.Ding Xuedong, vice minister of finance, indicated on Sunday that the four-percent target was ambitious but also challenging because other sectors such as agriculture, science and technology, health care and social security need investment, too.