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BEIJING, Sept. 29 (Xinhua) -- Communist Party of China (CPC) chief Hu Jintao has urged Party members to learn the theory on socialism with Chinese characteristics more conscientiously. Hu, general secretary of the CPC Central Committee, made the remark at a seminar which was participated in Sunday afternoon by members of the Political Bureau of the CPC Central Committee. Prof. Yan Shuhan from the Party School of the CPC Central Committee and prof. Qin Xuan from the Renmin University of China delivered speeches at the seminar and put forward their views on applying the theory into practice. Presiding over the seminar, Hu said the theory on socialism with Chinese characteristics is a fundamental guideline of the Party and government for social and economic construction. Party members should understand the basic principles of the theory and use them in their practical work, he added. Hu asked Party organs at all levels to make the theory accessible and understood by every Party member and draw long-term plans to promote and develop the theory.
BEIJING, May 19 (Xinhua) -- China on Monday began a three-day national mourning for the tens of thousands of people killed in a powerful earthquake which struck the country's southwest on May 12. At 4:58 a.m., the national flag at the Tian'anmen Square in downtown Beijing flew at half-mast after a complete flag-raising ceremony. About 2,600 people watched the flag-raising ceremony in the square. "I have been watching TV to know the disaster situation these days," said Yu Huilin, a 58-year-old retired teacher. Yu just arrived in Beijing by bus in the early hours on Monday from eastern Shandong Province. "It's really heartrending," she said. "But I see the quake-affected people have got help from so many people. I believe they can recover from the disaster soon rebuild their homes." China's national flag flies at half-mast after the flag-raising ceremony on Tian'anmen Square in Beijing Monday morning, May 19, 2008. China on Monday begins a three-day national mourning for the tens of thousands of people killed in a powerful earthquake which struck the country's southwest on May 12 All national flags will fly at half-mast at home and Chinese diplomatic missions abroad from Monday to Wednesday. Public recreational activities will be halted during the mourning period. At 2:28 p.m. Monday, Chinese citizens nationwide will stand in silence for three minutes to mourn for the victims, while air raid sirens and horns of automobiles, trains and ships will wail in grief. In the mourning period, condolence books will be opened in China's Foreign Ministry and Chinese embassies and consulates around the world. The Beijing Olympic torch relay will also be suspended from Monday to Wednesday. The death toll from the massive quake rose to 32,476 nationwide as of 2 p.m. Sunday, while the injured numbered 220,109, according to the emergency response office under the State Council. Among the dead, 31,978 were in Sichuan alone with the rest in six other provinces and a municipality. The quake hit Wenchuan County, Sichuan Province, at 2:28 p.m. of May 12. Many other areas were also affected. The search, rescue and disaster relief efforts are continuing. Some 113,080 Chinese soldiers and armed police have been mobilized to help with rescue operations. Rescue teams from Russia, the Republic of Korea, Japan and Singapore, as well as Taiwan and Hong Kong regions, have also joined in relief efforts. Rescuers carry Shen Peiyun, who is saved 145.5 hours after Monday's earthquake, to a hospital at Yingxiu Township of Wenchuan County, the epicenter of Monday's earthquake in southwest China's Sichuan Province, on May 18, 2008. Fifty-three years old Shen Peiyun was saved on Sunday after the rescuers' eight-hour efforts.
BEIJING, Oct. 13 (Xinhua) -- Over 500 participants of Asian and European Non-Governmental Organizations (NGOs) gathered here on Monday for a three-day forum to discuss issues covering social and ecological justice. Addressing the opening ceremony of the seventh Asia and Europe People's Forum (AEPF), Chinese Foreign Minister Yang Jiechi believed the forum participants would follow the principle of equality and mutual respect, fully exchange views on subjects related to the theme of the meeting, seek common ground while putting aside differences, increase consensus, make constructive contributions and work together to make the event productive. The photo shows ageneral view of the opening ceremony of the 7th Asia-Europe Peopl's Forum in Beijing, capital of China, on Oct. 13, 2008. More than 500 non-governmental delegates from Europe and Asia participate in the forum that aims to promote social justice and enviromental protections.Its theme, "For social and ecological justice," covers a range of issues, including the Millennium Development Goals, climate change and ecological justice, social security in Asia and Europe, women's participation in political affairs, rights of the disabled and counter terrorism, all of which are common challenges confronting countries in Asia and Europe. "I hope the participants will conduct in-depth discussions on these issues in a pragmatic manner and come up with practical and feasible suggestions that will serve as important policy reference for the upcoming Seventh Asia-Europe Meeting (ASEM)," Yang noted. Asian and European leaders from more than 40 countries will gather in Beijing on Oct. 24 for the two-day ASEM Summit under the theme of "Vision and action towards a win-win solution." "The Chinese side attaches great importance to the summit and is making active preparations for it," Yang said. Chinese Foreign Minister Yang Jiechi speaks during the opening ceremony of the 7th Asia-Europe Peopl's Forum in Beijing, capital of China, on Oct. 13, 2008. More than 500 non-governmental delegates from Europe and Asia participate in the forum that aims to promote social justice and enviromental protections. "We hope the summit will help increase mutual understanding and trust and enhance multilateralism through extensive and in-depth political dialogue between Asia and Europe, advance globalization for mutual benefit and a win-win outcome, promote sustainable development and social harmony," he noted. The ASEM Summit would produce fruitful results and contribute to the peace and development of the world and the well being of the people of both Asia and Europe, Yang said. The forum, since its inception, had done much in promoting sustainable environmental, social and economic development, protecting the economic, social, cultural, civil and political rights of the people in Asia and Europe, and facilitating the participation of various sectors of society in the ASEM process, according to Yang. The forum had put forward many good proposals that have attracted the close attention of ASEM, and contributed its share to Asia-Europe cooperation, Yang said. "The Chinese government supports social organizations in China in their effort to fully participate in the activities of this forum, express the aspiration of China's social organizations, offer good opinions and suggestions and make constructive contribution to greater mutual understanding and friendship among people in Asia and Europe, closer solidarity and cooperation between Asia and Europe and in-depth growth of a new type of comprehensive partnership between the two regions." The government would continue to give vigorous support to Chinese social organizations in conducting closer exchanges and cooperation with their counterparts from across the world and to facilitate their participation in international exchanges so they can play an even greater role in promoting mutual understanding and friendship between Chinese and people of other countries and in the building of a harmonious world, Yang noted. He believed the forum would "play a positive role in promoting people-to-people exchanges and cooperation between Asia and Europe and in pushing forward the ASEM process." In addition, the forum would also make a unique contribution to maintaining world peace, stability and prosperity and promoting human progress and development, he said. Zhang Zhijun, president of the China NGO Network for International Exchanges (CNIE), said the forum was faced with good opportunities at the present time when Asia and Europe enjoyed increasing cooperation. The forum should continue to exert its own characteristics to strengthen understanding between Asian and European peoples, Zhang said. He said the forum was a platform for exchanging experiences and ideas, for seeking solutions to some difficult issues, and for enhancing the healthy growth of Asian-European cooperation. Zhang, on behalf of the organizing committee of the AEPF, expressed his gratitude for the Chinese government's support to the forum.
BEIJING, Oct. 7 (Xinhua) -- President Hu Jintao and other Chinese leaders including top legislator Wu Bangguo and Premier Wen Jiabao on Tuesday visited an exhibition which pays tribute to victims of the May earthquake in Sichuan Province and the nation's concerted efforts to assist the disaster-stricken areas. Photos and videos showing the aftermath of the catastrophic earthquake, as well as items that were used to rescue victims drew attentions of the leaders. They were also briefed on how the people from all walks of life had made donations and contributions to help the earthquake-stricken areas recover from the country's worst disaster in the past 30 years. Chinese President Hu Jintao visits an exhibition featuring the rescue work on the May 12 earthquake that hit southwest China's Sichuan Province, in Beijing, capital of China, Oct. 7, 2008 Carrying on the great spirit displayed in the quake rescue and relief efforts, the nation would be able to overcome all difficulties on its way of development, Hu said during his visit. State and Communist Party leaders Jia Qinglin, Li Changchun, XiJinping, Li Keqiang, He Guoqiang and Zhou Yongkang also visited the exhibition at the Military Museum of the Chinese People's Revolution in Beijing. The exhibition, which featured pictures and objects collected in the quake, aimed to serve as a lively lesson to promote patriotism and the selfless spirit displayed in the quake-relief work. It has received more than 300,000 visitors since it was opened on Sept. 20. The exhibition was jointly sponsored by the Publicity Department of the Communist Party of China Central Committee, the National Development and Reform Commission and the General Political Department of the People's Liberation Army. On May 12, a quake measuring 8.0 on the Richter Scale struck Wenchuan County in the southwestern Sichuan Province. The quake, which has left more than 80,000 dead or missing, was the deadliest and strongest tremor to hit China since the 1976 Tangshan earthquake.
BEIJING, July 7 -- Chinese state-owned banks, including Industrial & Commercial Bank of China, intend to boost the contribution of the credit card business to their profits as they tap the rising demand to use plastic to pay for purchases. ICBC, the country's biggest lender, expects to boost its credit cards in circulation to 50 million at the end of 2009 from 33 million now, Li Weiping, president of the Beijing-based bank's card center, told Shanghai Daily on Saturday in Shanghai. Industrial & Commercial Bank of China Ltd expects to boost its credit cards in circulation to 50 million at the end of 2009 from 33 million nowThe country's biggest bank, which had earlier planned to boost card number to between 35 million and 38 million, expects to achieve the target, going by the pace of its card issuance in the first half, Li said. The credit card business accounts for about 10 percent of the bank's intermediary business, or fee-based income, and is one of the main contributors. Chinese banks are shifting from its traditional deposit-lending business as they expand their profit avenues. ''We expect the contribution (of credit cards to profit) to grow by 2 to 3 percentage points annually,'' Li said. ICBC is among the country's "big four" state-owned banks to speed up the credit card business while their smaller joint stock rivals have already an edge in the market. China Merchants Bank, the sixth biggest lender on the Chinese mainland, has one-third share of the credit card market. Other state-owned banks, including Agricultural Bank of China, said they are seeking growth as they pursue prudent risk control. China Construction Bank expects to break even on its credit card business next year, said Wu Huitao, deputy general manager of the bank's credit card center. CCB targets card numbers at 20 million at the end of this year, from 16 million now, Wu said. Credit cards will be the most important consumer credit product after mortgages, with profit forecast to reach US.6 billion by 2013, accounting for 22 percent of total consumer credit profits, said New York-based McKinsey & Co.