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BEIJING, Aug. 12 (Xinhua) -- Prices of real estate in 70 major Chinese cities rose 7.0 percent in July on the same month of last year, 1.2 percentage points lower than the June level, according to the National Development and Reform Commission (NDRC) and the National Bureau of Statistics on Tuesday. The NDRC, the country's top economic planning organ, said the growth rate had slowed down for six consecutive months. The price rise was 11.3 percent in January, 10.9 percent in February, 10.7 percent in March, 10.1 percent in April, 9.2 percent in May and 8.2 in June. Visitors view models of apartment buildings in a real estate fair in Jinan, capital of east China's Shandong Province, on April 5, 2008. In July prices of new housing went up 7.9 percent, 1.3 percentage points lower than the month-earlier level. Haikou, Urumqi, Ningbo and Beijing took the lead in price rises. Seventeen cities experienced prices fall compared with the month earlier, including Haikou, Dali, Shenzhen and Chengdu among others. Prices of second-hand houses gained 6.0 percent year on year, 1.5 percentage points lower than June. New housing for non-residential use was priced 4.9 percent higher than last July, with prices of office buildings up 6.7 percent and those of commercial real estate up 4.1 percent.
BEIJING, April 19 (Xinhua) -- The All-China Journalists Association (ACJA) on Saturday asked U.S.-based. news network CNN and its commentator Jack Cafferty to apologize for his remarks regarding China. In an interview with Chinese media including Xinhua News Agency, a senior official with the ACJA strongly condemned Cafferty for his "insulting" words in a TV show on April 9 and asked him and CNN to make a formal apology to all Chinese as soon as possible. Cafferty said in the TV show that Chinese products were "junk" and China was "basically the same bunch of goons and thugs they've been for the last 50 years" when the Olympic torch relay was going on in San Francisco. Since the Lhasa violence on March 14, some foreign media including CNN had made a number of biased reports about the incident, the official said. CNN had violated the principle of objective reporting, and "this is not what responsible media should do," he said. "And Cafferty also disregarded a journalist's professional ethics to attack a country with insulting words," the official said. Despite having an effective mechanism to deal with false reporting, CNN issued a statement on its website six days after Cafferty's remarks, which not only pleaded for him, but also spearheaded its attack on the Chinese government, he said. CNN issued a statement on Tuesday saying, "It was not Mr. Cafferty's nor CNN's intent to cause offence to the Chinese people, and CNN would apologize to anyone who has interpreted the comments in this way." But, the statement said that Cafferty was offering his "strongly held" opinion of the Chinese government, not China's people. "We hope CNN and Cafferty to realize that they have harmed the feelings of Chinese and apologize with a rational and responsible attitude," the official said. With the Olympic Games drawing near, the ACJA welcomed all foreign media to cover the event in an objective and balanced way, he said.

TAIYUAN, Sept. 11 (Xinhua) -- Rescuers on Thursday had finished searching more than half the mud-covered areas in north China after a mud-rock slide left 128 people dead. Shanxi Provincial Government Secretary-General Wang Qingxian said about 60 percent of the area had been combed. Altogether 2,000-plus rescuers, with the aid of more than 110 excavators, were searching for survivors. He said Internet claims that hundreds of people were missing was mere speculation. "The specific figure of the people missing in the disaster has not been established yet," said Wang at a news conference. "We are still evaluating the situation." He promised timely and transparent updated casualty numbers, adding 36 people had suffered injuries. If the weather conditions allowed, searchers would finish looking for survivors in three to five days, he said. Relatives of the dead will get 200,000 yuan (29,215 U.S. dollars) each as compensation, according to the provincial government. The State Council, China's Cabinet, has set up an accident investigation team, including officials from the State Administration of Work Safety, Shanxi provincial government, Supervision Ministry, Land and Resources Ministry and All China Federation of Trade Unions. Wang Jun, the State Administration of Work Safety director, was heading the team. The government has begun examinations to more than 700 tailing ponds in the province to avoid similar accidents from happening again. There was no epidemic at the area and the injured were receiving treatment, said Gao Guoshun, the provincial health department head, at the news conference. The water there was not polluted after examination, Gao added. The disaster happened when the bank of a pond holding waste oredregs of an unlicensed mine burst. Some reports said hundreds were feared to have been buried underneath the mud, but the local government had released no figures concerning the number of missing. Wang Qingxian said the mine was purchased and transferred to a man named Zhang Peiliang when the local government auctioned it off in 2005. But Zhang did not apply for new licenses after its safety production license was suspended in 2006 and the mining license expired in 2007. "It was an accident of grave responsibility after initial analysis," said Wang Dianxue, the State Administration of Work Safety deputy head and also the investigation team deputy head. The accident occurred around 8 a.m. on Monday in a pond holding waste ore dregs of the Tashan Mine in Xiangfen County, Linfen City, which was soaked by torrential rain. In total, an area of 30.2 hectares was covered by the mud. The mud-rock flow damaged buildings, trade markets and some residences lying downstream.
SHIJIAZHUANG, Sept. 20 (Xinhua) -- Chinese Vice Premier Li Keqiang had a full schedule on Saturday afternoon as he spent time in north Hebei Province visiting infant patients stricken by tainted milk powder, talking to doctors, dairy farmers and salesman in a local supermarket. In Dingxing County Hospital of Hebei Province, he went to the infants ward where he talked to parents and inquired about the symptoms and progress of the patients' illness. Chinese Vice Premier Li Keqiang (C), also member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits an infant patient at Dingxing County Hospital of north China's Hebei Province, Sept. 20, 2008. Li visited infant patients sickened by the tainted milk powder, doctors, dairy farmers and salesman in local supermarket in the province on Saturday.In the hospital ultrasonic room, he asked if it had enough facilities to guarantee all babies were getting treatment. Local governments and hospitals should give support if necessary equipment was needed for providing treatment for the babies, he stressed. Hearing most doctors were working overtime as more parents were sending their babies for examination, he expressed his heartfelt thanks to the medics and urged them to keep up their efforts and make sure all babies were getting prompt care. Chinese Vice Premier Li Keqiang (R), also member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, watches as an infant patient is checked at Dingxing County Hospital of north China's Hebei Province, Sept. 20, 2008The treatment should not be delayed or interrupted on the grounds of lacking in medical expenses, he said, adding hospitals should send doctors to villages and remote areas to collect babies who had developed kidney stones after taking the milk powder tainted by melamine. Li also visited Cui Zhiqiang, a villager in Housuoying Village of Dingxing County, whose one-year-old daughter had recovered. All diary products manufacturers should recall suspect products and consumers should be refunded if they returned those products. Li made the remarks while talking to a salesman in Womei Supermarket in the county seat of Dingxing. He then went to Shiqiao Village of Dingxing Township where he asked about the milk supply. He asked local officials to take measures to ensure the farmers' interests would not be hurt by the scandal. More than 6,200 infants developed kidney stones after drinking a baby formula tainted with melamine. The chemical, which was added illegally, makes the protein content of milk appear higher than it actually is. The formula has so far killed four infants. Dairy giant Sanlu based in the Hebei provincial capital of Shijiazhuang was the first company exposed in the scandal.
BEIJING, Oct. 9 (Xinhua) -- China's securities regulator on Thursday said publicly-traded companies must pay dividends in cash rather than stock over three years before submitting their refinancing applications. The move could help to encourage long-term investment and reduce market volatility, the China Securities Regulatory Commission (CSRC) said. The benchmark Shanghai Composite Index has plunged 66 percent from its record high last October. In a new regulation stipulating cash dividend payment by listed companies, the CSRC said: "The listed firms, if applying for refinancing, must pay dividends in cash totaling no less than 30 percent of its distributed profits over the past three years." The regulation went into effect on Thursday. In the draft version released in August, companies were allowed to pay dividends either in cash or stock. The listed firms were also ordered to reveal their cash dividend policies and previous cash dividend data to investors in their annual reports to improve transparency. "The listed company should give reasons why it failed to pay a cash dividend if it is able to and where the money goes," according to the rule. Cash dividends could offer stable investment returns and prompt large institutional investors to reduce speculation on the secondary market, the regulator said. A couple of huge refinancing plans earlier this year triggered a market plunge on concerns over stake dilution and liquidity stress. In a separate regulation on share buy-back, also effective on Thursday, the CSRC said it allowed a cash dividend payment when the controlling shareholders bought stocks on the secondary market. Such action was banned in the draft version released in late September to solicit public opinion. Share buy-back through bidding at stock exchanges also no longer needs regulatory approval. The CSRC added it would continue to revise the rules on stock buy-back and also give consideration to repurchase through agreement or tender offer.
来源:资阳报