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BEIJING, May 14 (Xinhua) -- Two revised rules involving a planned Nasdaq-style stock market, the Growth Enterprise Market (GEM), will take effect on June 14, according to the China Securities Regulatory Commission (CSRC) Thursday.     The two rules involve establishing an independent committee to approve listings for the GEM and the management of sponsors of IPOs.     The two rules are taken as a key step closer toward introducing the much-anticipated GEM, a board intended to nurture innovation-driven start-ups as the government tries to help smaller companies get financing and encourage technological advances.     The rules are the same as the drafts issued on April 17 to solicit public opinions, said the CSRC.     Under the rules, the new panel will have 35 members. Five will come from the CSRC and the others from the accounting, law and other sectors. The panel won't include members of the review panel for IPO application on the main board.     Under the rules, the sponsors of IPOs on the GEM are required to monitor the companies' performance for three years, up from two for companies on the main board.

BEIJING, April 21 (Xinhua) -- China and Albania issued a joint statement here Tuesday in which they said they would boost their traditional friendship and bilateral cooperation in all fields.     The statement was issued after official talks between Chinese Premier Wen Jiabao and his Albanian counterpart Sali Berisha in the Great Hall of the People during the afternoon.     The two countries vowed to increase mutual investment, encourage more business contacts and promote a balanced development of trade ties, the statement said.     China would support its competitive companies to invest in Albania and participate in the country's infrastructure construction, energy and mine exploitation, it said. Albania said it appreciated China's aid for its economic development. Chinese Premier Wen Jiabao (R) shakes hands with Albanian Prime Minister Sali Berisha during a welcoming ceremony in honor of Berisha at the Great Hall of the People in Beijing, capital of China, April 21, 2009    The two countries pledged to strengthen dialogue at various levels and increase exchanges and cooperation between governments, parliaments and political parties, according to the statement.     They would expand cooperation in tourism, agriculture, public health, technology, culture and education, and encourage more exchanges among their local governments and non-governmental groups.     According to the statement, Albania reiterated its adherence to the one-China policy. It acknowledged there is only one China in the world and the government of the People's Republic of China (PRC) is the sole legal government representing the whole China and Taiwan is an inalienable part of China. Chinese Premier Wen Jiabao (2nd L) holds talks with Albanian Prime Minister Sali Berisha (2nd R) at the Great Hall of the People in Beijing, capital of China, April 21, 2009. Albania opposes Taiwan joining international organizations that are only open to sovereign nations and is against "Taiwan independence" secessionist activities in any form, the statement said. Albania also promised not to establish official ties and not to have official contact with the Taiwan authority. China highly appreciated the stance of the country, the statement said.     In face of the global financial crisis, the two countries called on the international community to enhance financial supervision cooperation, fight trade protectionism and reduce the damage of the crisis to developing countries.     China respected the Albanian people's choice of a development path in line with their domestic situation and understood their efforts to join the European integration process, the statement said.     The two countries agreed to abide by the principles of the UN Charter, and support the UN's leading role in safeguarding international security, promoting common development and peacefully solving international disputes.     Both sides proposed to strengthen the function and authority of the UN and UN Security Council and agreed to increase cooperation in the United Nations and other international organizations, the statement said.     The international community should work together to combat terrorism, and the two nations agreed to respect each other's security concerns.     Albania spoke highly of China's achievements since the founding of the PRC 60 years ago and appreciated China's contributions to world peace and development.     Both sides applauded their remarkable cooperation in various areas, and agreed to hold activities to celebrate the 60th anniversary of bilateral ties, the statement said.

BEIJING, May 3 (Xinhua) -- Premier Wen Jiabao on Sunday encouraged young Chinese students to dedicate their lives to the people and bind their own destinies with that of the nation.     Wen made the call at a symposium with some 100 students of the prestigious Tsinghua University, who have chosen to work in China's less-developed western regions or at the grassroots level after graduation.     Wen's Tsinghua tour marked his annual visit to university campuses since 2003 ahead of the Chinese Youth Day, which falls on Monday this year. Chinese Premier Wen Jiabao (2nd R) shakes hands with students of Tsinghua University, in Beijing, capital of China, May 3, 2009. Wen attended a symposium on Sunday with student representatives from Tsinghua University, who have chosen to work in the vast western regions or at the grassroots level after graduation    In more than one hour's time, Wen listened to the students' stories and gave his advices on their future development, encouraging them to "be resolute-minded, hard working and down-to-earth to achieve your goals."     Sui Shaochun, a mechanics students, said he had landed a job in an aeroplane manufacturing company in southwestern Sichuan Province and was ready to devote himself to the country's project of building its own big planes. Chinese Premier Wen Jiabao (2nd L) receives a paint gift from a student of Tsinghua University, in Beijing, capital of China, May 3, 2009. Wen attended a symposium on Sunday with student representatives from Tsinghua University, who have chosen to work in the vast western regions or at the grassroots level after graduation.Wen said the future of a young person and that of the nation were interdependent, and "the young should bind their own destinies with that of the country."     Another graduate-to-be Cheng Li told Wen she would work in Wenchuan of Sichuan, the epicenter of last year's devastating May 12 earthquake, believing the reconstruction work would be "more meaningful than anything else."     Wen said the post-quake reconstruction requires a large number of professionals and he encouraged Cheng to play her role. "The love and devotion to the people is the most lofty part of human morals," said he.     Wen praised Zou Shenglan and Yan Weilong after learning they had volunteered to work in Tibetan villages.     He told them to be prepared for the hardship in rural areas. "I believe after being tempered at the grassroots level in Tibet, you'll become more mature," he said. "And when you look back at that part of experience in the future, you'll have no regret."     "I want you all to be well-educated people with moral integrity and work ability, and be of use to the people," Wen said before concluding the discussion, followed by having lunch with the students at their dinning hall. Chinese Premier Wen Jiabao (C) inspects the CNGI project in Tsinghua University, in Beijing, capital of China, May 3, 2009. Wen attended a symposium on Sunday with student representatives from Tsinghua University, who have chosen to work in the vast western regions or at the grassroots level after graduation

BEIJING, May 14 (Xinhua) -- Chinese Vice Premier Li Keqiang on Thursday met with President of the Socialist International(SI) George Papandreou on promoting the world's sustainable development.     Papandreou was leading a 15-member delegation to Beijing for a sustainable growth seminar co-sponsored by the Communist Party of China(CPC) and the SI.     Li, member of the Standing Committee of the Political Bureau of the CPC Central Committee, reviewed the increasing exchanges since the CPC and the SI started their exchanges in 1982.     "Jointly holding a seminar on sustainable growth signifies a positive step for both sides to deepen strategic dialogue," Li said.     The seminar, scheduled for Friday, will address how to work together to deal with climate change and other environmental challenges.     Li briefed Papandreou on the country's efforts to tackle the international financial crisis and seek sustainable development.     Li said the CPC valued the ties with the SI and its member parties and called for increased cooperation and deeper dialogue.     Papandreou said the Socialist International would like to seek more dialogue and cooperation with the CPC to promote sustainable development worldwide. Chinese Vice Premier Li Keqiang (R, front) meets with a 15-member delegation headed by President of the Socialist International (SI) George Papandreou who are here in Beijing for a sustainable growth seminar co-sponsored by the Communist Party of China (CPC) and the SI, in Beijing, China, May 14, 2009