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BEIJING, Aug. 17 -- Just on Saturday night, police in South China's Guangdong province caught 1,162 drink drivers and 78 drunk drivers. Each was punished and all the drunk drivers were taken into custody. Similar checks and arrests were also made in other cities over the weekend. Saturday was the first day of a two-month-long nationwide campaign launched by the Ministry of Public Security to crack down on drink and drunk driving, after several recent cases in Nanjing, Hangzhou, Chengdu and Shanghai triggered huge media attention and public indignation. Although many feel that more innocent lives could have been saved if the crackdown had been initiated earlier, they still pin high hopes on this crusade to wipe out the rampant drink and drunk driving and other reckless driving on our roads. A policeman tests a taxi driver to determine whether he is driving under the influence of alcohol on Saturday evening in Huaibei, Anhui provinceIn the first half of this year, 222,000 people on the Chinese mainland were found driving under influence (DUI), up 8.7 percent over the same period last year. In Beijing, DUI was responsible for the loss of 97 lives in accidents during the first six months. Our roads have simply become the most dangerous in the world. With three percent of the total vehicles in the world, the country accounts for 16 percent of the global traffic deaths. So the announcement by the Ministry of Public Security last Friday to mete out the toughest punishment to violators is a move in the right direction. It is a move to protect the lives of other people as well as of the drink and drunk drivers themselves. Of course, this is not the first time that the police force has decided to strike out against DUI. Three campaigns were already held earlier this year. Yet the fact that this phenomenon is still so widespread on our roads shows the need for better strategies. First, our laws should be made tougher to show zero tolerance to such murderous driving. Many countries, such as the United States, Sweden and Singapore, have stricter punishment for DUI. Second, police officers should enforce the law at all times and in all places, leaving no gaps of which violators can take advantage. Crackdown on DUI is not something that should be carried out for only two months or for the 60th National Day. It should stay as long as there's dangerous driving on our roads. Third, while laws and punishments are necessary, we should start educating our population about the threat of DUI on others' lives. While drivers should restrain themselves, our drinking culture, which often means endless rounds of bottoms-up, needs to be checked. Each year traffic accidents take away more lives in China than any other mishap. An all-out war on drink and drunk driving and other forms of rash driving should definitely be a national priority.
BEIJING, Sept. 4 (Xinhua) -- China's government is adjusting its policies on imported technological equipment with the purpose of boosting domestic innovation and greater industrial restructuring and upgrading. Key components and raw materials imported by domestic enterprises for manufacturing major technological equipment and products are exempted from import tariffs and value-added tax (VAT) as of July 1 this year, according to a joint communique issued by the Ministry of Finance and five other ministries Friday. Tariff exemption for imported complete set of machinery and equipment will be revoked, according to the communique. To ensure smooth transition, preferential policies for items which currently can not be wholly supplied domestically, if it is proved so after examination, will be phased out gradually. Major State-backed key technological equipment includes clean energy power generating systems and nuclear power generating units of above a million kilowatts. China's central government in March announced expenditure of 20 billion yuan (2.94 billion U.S. dollars) for this year, from a 908 billion yuan public sector budget, to help enterprises upgrade technology, energy efficiency and innovation. It also unveiled a three-year plan in May to stimulate equipment-manufacturing industry, which lacks ability to innovate and had underdeveloped technology. But experts said lack of funding and cooperation among research institutes still restrain China's technological transition.
SHANGHAI, Sept. 28 (Xinhua) -- China, Japan and the Republic of Korea (ROK) on Monday agreed to deepen their all-round cooperative partnership. The agreement came at the end of a day-long foreign ministers' meeting in Shanghai, involving Chinese Foreign Minister Yang Jiechi, Japanese Foreign Minister Katsuya Okada and ROK Foreign Affairs and Trade Minister Yu Myung Hwan. The three countries will build stronger strategic mutual trust, deepen and upgrade cooperation, carry out people-to-people exchanges and promote east Asia cooperation and regional peace and development, said a statement issued after the meeting. Chinese Foreign Minister Yang Jiechi (C), Japanese Foreign Minister Katsuya Okada (R) and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan attend a press conference after their meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on Monday. The meeting coincided with the 10th anniversary of the launch of a trilateral cooperative mechanism between China, Japan and the ROK. The ministers reviewed and summarized the progress of trilateral cooperation, and exchanged views on commemorative events to mark the 10th anniversary and future cooperation as well as regional and international issues of common concern, according to the statement. Chinese Foreign Minister Yang Jiechi (C), Japanese Foreign Minister Katsuya Okada (1st L) and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan (1st R) arrive for a press conference after their meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on MondayThey said they were "satisfied with the trilateral cooperation progress." For the last decade, trilateral cooperation had taken on a good momentum of development, the statement said. The three countries put their good-neighborly friendship at the key position of their own foreign relations, the statement said, citing high-level exchanges, increased political trust and efforts to implement their cooperative action plan. Chinese Foreign Minister Yang Jiechi, Japanese Foreign Minister Katsuya Okada and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan attend the trilateral meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on MondayThe countries had implemented more than 30 cooperative projects, covering politics, economics, environmental protection, science and technology, society, culture and international affairs, said the statement. The foreign ministers also exchanged views on the second trilateral leaders' summit scheduled for Oct. 10 in Beijing. "At a critical juncture to deal with the global economic downturn, promote recovery and boost growth, the leaders' summit will be significant to enhance political mutual trust, advance reciprocal cooperation, and promote Asian stability and development," the statement said. The three ministers agreed to keep close communication in preparation for the leaders' summit. The first summit between China, Japan and the ROK was held in Fukuoka, Japan, on Dec. 13, 2008. The foreign ministers' meeting also covered the world economy and finance, northeast Asian issues, east Asian cooperation, climate change, reform of the United Nations, arms control, disarmament, and anti-proliferation. They agreed to hold the fourth trilateral foreign ministers' meeting in the ROK next year.
BEIJING, Oct. 6 (Xinhua) -- China's new yuan-dominated loans in September was expected to reach 300-400 billion yuan (44-59 billion U.S. dollars), China Securities Journal reported on its website Tuesday. The figure was less than that of August, which hit 410.4 billion yuan. Liu Mingkang, Chairman of the China Banking Regulatory Commission (CBRC), provided the figure during an International Monetary Fund (IMF) conference held in Istanbul, Turkey on Monday. New loans in the first eight months stood at 8.15 trillion yuan, far exceeding the full-year target of five trillion yuan, according to he People's Bank of China, the central bank, this September. The CBRC reiterated in September that domestic lenders should seek to enhance their risk management and stick to regulatory requirements to reduce worries over financial risks caused by rapid credit growth this year. China began to adopt a moderately easy monetary policy in last November in a bid to maintain economic development amid the financial crisis.
BEIJING, Sept. 28 (Xinhua) -- China's Ministry of Commerce (MOC) issued a statement late Monday saying it would approve U.S. automaker General Motors Co.'s (GM) plan to buy part of parts supplier Delphi Corp, but set conditions on the deal to avoid restricting competition. The approval came after an anti-monopoly probe by the MOC into the deal last week and negotiations with the two companies over the deal conditions, aimed to avoid exclusion or restriction of competition, according to the statement. The conditions include a ban on GM and Delphi exchanging trade secrets on Delphi's other Chinese customers, to prevent GM from getting confidential and competitive information. Delphi should also maintain the timeliness and quality of supplies indiscriminately to the other domestic automakers, at market prices. The ministry said it had discussed with the two companies its concerns on competition, and GM and Delphi had come up with solutions. According to a Dow Jones report Monday night, authorities in the U.S. and E.U. had earlier given their approval for the deal, after Delphi, GM's former parts division, received approval from a U.S. court to sell assets to its lender and GM. The report said this would clear the way for the auto-parts supplier, which operates 17 wholly-owned entities and joint ventures in China and 21 manufacturing sites, to end its four-year stay in bankruptcy. Under China's anti-monopoly law, mergers and acquisitions that could impact the domestic market must undergo an anti-monopoly review.