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BEIJING, Aug. 8 (Xinhua) -- The opening ceremony of the Beijing Olympic Games staged here on Friday night has caught nearly 40 billion people's eyes worldwide. A dream-come-true resonance that longed for a hundred years and prepared for 84 months is giving millions of reasons to Chinese to have a sleepless night. THRILLING VENUE AUDIENCE AND ATHLETES Chinese former gymnastics champion Li Ning kindles the cauldron of the Beijing Olympic Games during the opening ceremony of the Beijing Olympic Games held in the National Stadium, also known as the Bird's Nest, in north Beijing, China, Aug. 8, 2008. "The most exciting moment is the igniting part, it combines technology, traditional arts and Li Ning's effort in such a perfect way," Xie Mengxin, a girl sitting in the stadium, known as Bird's Nest, said after the ceremony. "There have been so many heart-shaking moments in it and we were all thrilled," she said, adding that the spacewalking-like showing of the last torch bearer for the Games has beyond her imagination. Paduld Sri Rohana de Pettagan, an official with the Sri Lanka Olympic Committee, said "I love the countdown part which combines the Chinese ancient history with the modern high technology." "The opening is so good, with so many hi-tech features. The organizers used fireworks, LED screen, video and audio technologies to show the best of China," he added.The cauldron of the Beijing Olympic Games is ablaze over the National Stadium, also known as the Bird's Nest, in north Beijing, China, in the early morning of Aug. 9, 2008. "Every part of the preparation of the Beijing Olympic Games is fantastic. The Games is an opportunity for the world to understand China, and for China to understand the world as well." Michael Naumann, a tourist from Germany who watched the ceremony on TV, told Xinhua. "It was awesome. A lot different from the other ones. Being a vet, seeing the new guys' faces when we were walking into the stadium for the first time was awesome." Brian Olson from U.S. said. "This Olympics has gone above and beyond. It was special, whether it's your fourth or first." the judoka coming from Tallahassee, Florida said. "It was once in a lifetime, I loved it. I was speechless at times. I really liked the torch and the guy flying through the air," said Demetrius Andrade, a U.S. Boxer from Providence, Rhode Island. "It was really nice, it was inspirational. It made me want to compete," said another Boxer Sadam Ali who was among others encouraged to "give it all you have got" by U.S. president George Bush before attending the opening ceremony.
FUZHOU, July 27 (Xinhua) -- A total of 274,300 people had been evacuated by Sunday afternoon in southeast China's Fujian Province as a strong typhoon was approaching, said the provincial flood control headquarters. About 52,301 fishing boats had also returned to harbor as of 6:00 p.m. on Sunday. Disaster relief personnel had been helping people on fishing vessels get on shore, said Yang Zhiying, head of the flood control headquarters in Fujian. Typhoon Fung Wong, the eighth tropical storm of this year, turned into a strong typhoon at 8:00 p.m. Its eye was monitored at the sea about 210 kilometers to the east of Taitung County in Taiwan, according to the provincial observatory. It moved westward and was forecast to land Taiwan on Sunday night or Monday morning. Frontier guards fasten a vessel at a harbor in Fuzhou, capital of southeast China's Fujian Province, July 27, 2008. The intensifying Typhoon Fung Wong was forecasted to land in Fujian on Monday evening or Tuesday morning. The Fujian provincial flood control headquarters has demanded all vessels to return to harbor on Sunday. Disaster relief personnel have been sent to help women and children on fishing vessels get onshore.The observatory monitored that the typhoon would make another landfall in Fujian on Monday night or Tuesday morning, sweeping the province before moving up inland to east Jiangxi Province. Influenced by Typhoon Fung Wong, Fujian was hit by winds up to force 8 to 11 in the morning. Its observatory forecast that rainstorm would continue on Monday in the province, which sits on the west of the Taiwan Straits. From Monday night to Tuesday, winds are expected to reach force7 to 9 in the coastal cities of Fujian. Rainstorms or torrential rainstorms are forecast in the cities of Ningde, Fuzhou, Putian and Quanzhou. "The continuous heavy rain is likely to trigger flood or other secondary disasters," Yang said.

BEIJING, Oct. 8 (Xinhua) -- President Hu Jintao on Wednesday urged China to carry on the spirit of unity, courage, "people first" and scientific thinking that characterized the May 12 earthquake relief effort. At a ceremony in Beijing's Great Hall of the People to honor outstanding organizations and individuals for their contributions to the rescue and relief work, Hu said the spirit should be promoted among the Communist Party of China (CPC) members and the public. This would help advance the sound and rapid economic and social development. He said that in face of the major disaster, the CPC Central Committee had listed quake relief as the most important and urgent task for the Party and country as soon as possible. Quake relief headquarters under the State Council had been set up and a system to coordinate the military and local governments had been established to mobilize the nation to advance the quake relief and reconstruction. "We organized the fastest quake relief work with the most people mobilized in China's history, saved as many as possible lives and minimized the losses from the disaster," Hu said. The 8.0-magnitude quake was the most destructive one since the People's Republic of China was founded in 1949, with more than 30,000 aftershocks, affecting 500,000 square km over more than 10 provinces, autonomous regions and municipalities, including Gansu, Shaanxi and Chongqing. It was felt in 417 counties, 4,667 townships and 48,810 villages. It left 69,227 dead with 17,923 still missing. About 15.1 million people were displaced, Hu said. Direct losses exceeded 845.1 billion yuan (124 billion U.S. dollars) as infrastructure was destroyed and industrial and agricultural production was affected, causing major environmental damage. Party committees, governments, grassroots cadres and the people in quake-hit regions had responded quickly to the devastating quake, making the utmost effort to help themselves and others. Hu praised the 146,000 troops, armed police, reservists and police which had been mobilized for the anti-quake work, describing them as the "main force" and "commandoes." Chinese President Hu Jintao and other Chinese Party and state leaders including Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang meet with representatives of the organizations and individuals who made major contributions to the relief work after the May 12 earthquake before the ceremony honoring organizations and individuals for their contributions to relief work after the May 12 earthquake struck southwest China, at the Great Hall of the People in Beijing, China, Oct. 8, 2008OUTSTANDING INDIVIDUALS, ORGANIZATIONS HONORED Hu, also the CPC Central Committee general secretary and Central Military Commission chairman, and other senior officials, presented awards to soldiers, police, grassroots cadres, teachers, medical workers, journalists, construction workers and volunteers, among others. A total of 319 governmental organs, Party committees, businesses and hospitals, as well as 522 individuals were honored at the ceremony attended by about 6,000 people and broadcast live nationwide. Five of the recipients were awarded posthumously for dying in the line of duty, including 23-year-old teacher Gou Xiaochao. Gou was in a classroom at Yong'an Village's primary school in Tongjiang County, Sichuan Province, when the whole building began shaking violently at 2:28 p.m. on May 12. Realizing it was a strong earthquake, he herded the shocked students out of the building. His actions saved dozens of schoolchildren before he was buried in hail of concrete and bricks. He died on the way to hospital, only 10 days after getting married. Policewoman Jiang Min is another heroine whose story is now known all over China. She lost 10 family members, including her two-year-old daughter and her mother, when the quake almost leveled her hometown, Beichuan County. Despite her tremendous grief, Jiang kept helping others affected in the quake. Hu Jintao said the May earthquake was "a great test of Chinese will, courage and strength, as well as the Party's ruling capability." "The relief work showed the great strength of the CPC and the socialist state, the great strength of the 1.3 billion Chinese people, the great strength of the reform and opening up, and the great strength of socialism with Chinese characteristics," he said. During his speech, Hu suggested people who attended the ceremony stand in silent tribute for compatriots who died in the quake and the martyrs who sacrificed themselves in the relief work. RECONSTRUCTION NOW A MAJOR FOCUS Hu said the anti-quake work had again proved China's system of socialism had great vitality for development with the advantage of "concentrating strength on big events." This proved people are the real driving force for the country's development. In addition, it proved the army is the "iron great wall" to protect the people and proved the CPC's core leadership role in developing socialism with Chinese characteristics. "We have gained precious experience in dealing with emergencies and combating major natural disasters," Hu said. Hu said the Sichuan quake caused huge loss of life and property and damaged economic and social development. The quake relief work had tested and demonstrated the great achievement of the last 30 years of reform and opening up. He stressed to fully implement the rebuilding policies after the disaster to build happy new homes for the quake-affected people, solving the problems concerned with their livelihood. Reconstruction should be scientifically planned and carried out step by step. "We should realize the goal of 'homes and jobs for each household, social security for everyone, improvement to local infrastructure, development of the economy and improvement to the environment,'" he said. People's basic living conditions and public service facilities should be resumed first and the working conditions should be resumed as soon as possible. "Currently, we should help the people get through the winter season safely." Hu urged the quake-affected people to work hard and other regions to provide support to the rebuilding. In addition to Hu, Chinese Party and state leaders including Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, and about 6,000 people attended the ceremony. Premier Wen, who presided over the ceremony, said the outlines and policies of the rebuilding would be well implemented
PYONGYANG, April 21 (Xinhua) -- The torch relay in Pyongyang will enhance friendship between the Democratic People's Republic of Korea (DPRK) and China, the DPRK's Olympic chief said Monday. The event will promote the cooperation and exchanges in sports between the two countries, and will show their traditional friendship to the world, said Park Hak Seon, chairman of the National Olympic Committee of the DPRK. The official made the remarks at a reception held by the Chinese Embassy to welcome the Beijing Olympic Flame to Pyongyang. The reception was attended by senior DPRK officials, including Yang Hyong Sop, vice president of the Presidium of the Supreme People's Assembly, and Park Kwan O, chairman of the People's Committee of Pyongyang, foreign diplomats in Pyongyang and famous DPRK athletes. Liu Xiaoming, Chinese Ambassador to the DPRK, expressed thanks to various departments of the DPRK for their hard work in preparing for the torch relay in Pyongyang. He said he sincerely appreciates the strong support from the people of the DPRK to the Chinese people. The Olympic torch which will be used to carry the sacred flame in Pyongyang was displayed at the reception. The torch relay will be held on April 28 in Pyongyang, the 18thleg of its global trip. The preparations are going smoothly. "The committee will try its best to ensure the torch relay in Pyongyang is the smoothest and safest one," Park Hak Seon said.
BEIJING, April 13 (Xinhua) -- Chinese companies will no longer need the central bank's approval when issuing short-term bonds on the inter-bank market amidst government efforts to boost direct financing and reduce bank loan risks. The People's Bank of China (PBOC) announced non-financial companies could issue bonds with maturities of less than one year on the inter-bank market without its approval from April 15. Instead, they would only need to register at the National Association of Financial Market Institutional Investors set up in September, the PBOC said in a statement issued late on Saturday. It said other negotiable notes "with a certain maturity" issued by non-financial companies on the inter-bank bond market wouldn't need administrative examination and approval, either. Nor would future innovative financing tools on the market. China has vowed to develop its capital market and broaden direct financing channels to curb enterprises' heavy reliance on bank credit. "China's financial structure has long been unbalanced, with its direct financing underdeveloped," said the statement. "Enterprises rely on bank loans too much, bringing them fairly large hidden risks." To boost innovation in debt offering and raise the share of direct financing could mobilize the transfer of deposits to investment and decrease credit risks of the banking system, it said. China allowed companies to offer short-term bonds to qualified institutional investors on the inter-bank market in May 2005. From then to the end of 2007, 316 companies issued 769.3 billion yuan (about 109.9 billion U.S. dollars) of short-term bonds, with 320.3 billion yuan of outstanding debts, statistics showed. In comparison, short-term loans to non-financial companies and other institutions surged 1.25 trillion yuan in 2007, while middle- and long-term loans jumped 1.65 trillion yuan.
来源:资阳报