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BEIJING, May 24 (Xinhua) -- Chinese equities rallied for the second consecutive trading day on Monday, and most stocks rose led by property shares as concerns over tougher measures on the property market eased.The benchmark Shanghai Composite Index rose 3.48 percent to close at 2,673.42 points.The Shenzhen Component Index gained 4.03 percent to 10,620.13 at the close.Total turnover climbed to 222.12 billion yuan (32.53 billion U.S. dollars) from 156.19 billion yuan on the previous trading day.Gainers outnumbered losers by 884 to 1 in Shanghai and by 944 to 2 in Shenzhen.Property shares staged strong growth after the China Times newspaper reported that an official from the country's top economic planning body said that the the government would not impose a property tax within the next three years.China Vanke Co., the country's largest listed property developer by market value rose 4.19 percent to 7.70 yuan. Gemdale Corporation grew 6.94 percent to 7.09 yuan.Xinjiang-related shares continued to gain from the government plans to boost regional economic development unveiled last Wednesday.Xinjiang Beixin Road and Bridge Construction Co. rose by the daily limit of 10 percent to end at 26.66 yuan. Xinjiang Urban Construction (Group) Co. closed at 14.00 yuan, an increase of daily limit.
BEIJING, May 31 (Xinhua) -- China's top quality supervisor said Monday that Changan Ford Mazda Automobile Co. has started a recall of 236,643 Focus cars over a problem that caused vehicles to stall.The recall covered vehicles manufactured from August 18, 2008, to May 28 this year by the joint venture owned by Ford, Chongqing-based Changan Automobile and Mazda Motor Corp., the General Administration of Quality Supervision, Inspection and Quarantine said in a statement on its website.The company posted a similar statement on its website Monday, saying the recall came after several customers complained about stalling when the car was moving at low speeds, which was because of the engine software.Both statements said the company would provide the customers with updated engine software free of charge.

SHANGHAI, May 1 (Xinhua) -- What will the future city look like?A statue hanging in the Pavilion of Future in Shanghai Expo Park describes the development of cities in a parabolic way."When the lights come on, the shadow of the statue, which looks like the skyline of New York City, appears on the white screen in front of visitors. And when the lights come from the right side, the shadow on the left screen looks like Shanghai skyline," says pavilion guide Ni Wenhua. A visitor stands in front of a giant electronic book in the Pavilion of Future at the World Expo Park in Shanghai, east China, on May 1, 2010. Shanghai World Expo park formally opened to public on Saturday. The Pavilion of Future invites visitors to imagine what cities will be like in the future through movies, books and sculptures. But the skylines come from unexpected materials -- city garbage, including refrigerators, tyres, bicycles, metal parts, and steering wheels."The statue is a warning that the development of cities should not be a process of polluting. It should a harmonious process of coexistence between people and the environment," Ni says.
TASHKENT, May 22 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Saturday at the end of visits to Tunisia, Ukraine, Uzbekistan that China and the three nations have pledged closer cooperation in trade, energy and infrastructure.Yang described the visits as "fruitful," saying he and leaders of the three nations held in-depth discussion about how to step up pragmatic cooperation."Broad consensus has been reached," Yang said in a joint interview with Xinhua, China Central Television and China Radio International."The four countries agreed that it is necessary to look into new ways of cooperation, especially in trade and economy," Yang said.China and the three countries pledged to expand mutually beneficial cooperation in telecommunication, energy, science and technology and infrastructure construction, he said.They also decided to promote cultural, humanitarian and youth exchanges, and deepen mutual understanding, Yang said."The four nations are ready to work together to safeguard world and regional peace, stability and development," Yang said.To that end, the foreign minister said, the countries pledged to enhance consultation and coordination in major international and regional affairs. They also pledged, he said, to strengthen cooperation within the frameworks of the United Nations, the Shanghai Cooperation Organization (SCO), the China-Arab Cooperation Forum and the China-Africa Cooperation Forum.The leaders of Tunisia, Ukraine, Uzbekistan expressed willingness to strengthen mutually beneficial cooperation, high-level contacts and political mutual trust with China, Yang said.The three states said they valued their friendships with China and would deal with their relationships with China from a strategic and long-term perspective, Yang said.The foreign minister visited Tunisia, Ukraine and Uzbekistan from May 17-22 as a guest of his counterparts in the three nations.He also attended a Council of Foreign Ministers meeting of the Shanghai Cooperation Organization on Saturday in Tashkent, the capital of Uzbekistan.Yang said the foreign ministers meeting was mainly aimed at making sure the SOC members are politically prepared for the bloc's Tashkent summit in June.During the meeting, the SOO members agreed that they would steadfastly implement all of the important consensus concerning the SCO's development reached by their leaders, he said.Moreover, they should effectively deal with constantly emerging threats and challenges so as to defend the fundamental interests of the bloc and its members, and help the bloc play a bigger role in promoting regional peace, stability and development, Yang said.
SHANGHAI, April 30 (Xinhua) -- President Hu Jintao said Friday China attaches great importance to its relations with the Democratic People's Republic of Korea (DPRK), adding cementing friendly ties between the two countries has been a consistent policy of China.China is willing to join hands with the DPRK to promote the good neighborly relations to new heights, Hu said when meeting with Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the DPRK.Hu said China would maintain and strengthen friendly exchanges with the DPRK at all levels. He urged the two sides to provide mutual support on major international and regional issues, and enhance communication and coordination on important issues. Chinese President Hu Jintao (R) meets with Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea, in Shanghai, east China, on April 30, 2010. China and the DPRK celebrated the 60th anniversary of their diplomatic ties by holding the Year of Friendship in 2009. Kim Yong Nam said the Year of Friendship had yielded substantial results.Kim Yong Nam said the DPRK was willing to expand and deepen cooperation with China and promote bilateral friendly cooperative relations.
来源:资阳报