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BEIJING, March 30 (Xinhua) -- Chinese auto maker Zhejiang Geely Holding Group is ready to inject 900 million U.S. dollars operating capital into Volvo on top of the 1.8 billion U.S. dollars purchase price, Geely chairman Li Shufu said Tuesday."We should not only inject money into Volvo, but also endeavor to improve Volvo's profit-making capability," Li said at a press conference to discuss the Volvo takeover.The Zhejiang-based Geely signed a deal with Ford Motor Co. Sunday in Sweden to acquire the U.S. auto giant's Volvo car unit.The photo taken on March 23, 2010 shows Volvo assembly plant in the suburbs of western Belgian city of Gent. China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. in Goteborg of Sweden on March 28, 2010 to acquire the U.S. auto giant's Volvo car unit"Geely is Geely, while Volvo is Volvo. Geely will not produce Volvo, and Volvo will not produce Geely," said Li, also the founder of the firm, adding that Volvo would keep its unique characteristics after the takeover.Li said Volvo's biggest problem was its small production scale and high research and development expenses, adding Volvo should try to increase production and sales to cut costs.
BEIJING, April 24 (Xinhua) -- Chinese Vice Premier Li Keqiang Saturday urged medical workers to improve their service as the contribution to the reform of the country's health care system."Constant efforts must be made to improve the quality of medical and health care services, and to enhance our capabilities in disease prevention and control," Li told the opening session of a national convention of the Chinese Medical Association in Beijing. Chinese Vice Premier Li Keqiang (Front) addresses the 24th National Congress of the Chinese Medical Association in Beijing, capital of China, April 24, 2010.Li said health care and medical professionals must work to achieve the major goals of the health care reform, which seeks to provide affordable and adequate health care services among other things.
BEIJING, April 27 (Xinhua) -- China's Ministry of Commerce Tuesday made a cautious prediction for the outlook of the nation's foreign trade for the rest of the year amid the fragile global economic recovery.The rebound of China's overseas shipments in the first quarter can largely be attributed to the low comparison base of the same period last year, the commerce ministry report said.Moreover, uncertainty in the global market remains as high unemployment in European Union nations and low capacity-utilization in the United States may dampen consumption and investment, the report said.China is facing deteriorating trade conditions as trade protectionism is on the rise, the report added.China suffered 19 trade-remedy investigations in the first quarter, up 93.5 percent over the same time last year. The investigations, targeting Chinese products, involved trade worth 1.19 billion U.S. dollars, the report said.The report also said higher costs may squeeze domestic enterprises' profits as a result of raw material price hikes and rising labor costs.China's exports increased 28.7 percent year on year in the first quarter of 2010 after dipping 16 percent last year amid the global economic downturn, customs data showed.
BEIJING, May 23 (Xinhua) -- Vice Premier Li Keqiang has told the health care authorities Sunday to train more general practitioners for the expansion of basic health care coverage and improvement of grassroots medical services, a press release said Sunday.Li, who is in charge of the national reform of health care system, made the remarks at a State Council, or Cabinet, meeting on expanding the reform on Friday in Beijing.The meeting came one year after China launched its massive health care reform, which seeks to provide adequate and affordable health care services to all. The State Council issued a circular last month detailing specific goals and steps for future reforms.Chinese Vice Premier Li Keqiang(4th L back) addresses a meeting concerning reform on health care system in Beijing, capital of China, May 21, 2010. Li pledged to expand the coverage of basic health care services for a universal basic health care system, and to raise the reimbursement ratio of medical fees for patients.Li stressed the importance of grassroots medical institutions in urban communities and rural villages, which he said should be the primary places where local residents should go when they are ill.
BEIJING, April 19 (Xinhua) -- China's Vice President Xi Jinping Monday told members and organizations of the Communist Party of China (CPC) they had strict responsibilities in restoring normal life in quake-stricken Qinghai Province and helping the survivors.Xi, a member of the Standing Committee of the CPC Central Committee Political Bureau, made the requirements at a meeting of senior CPC leaders in Beijing on Party building.Party members, officials and organizations responsible for civil affairs should make sure quake-affected people have enough food, clothes, drinking water and shelters, Xi said.CPC members, officials and organizations working in health-care fields should treat the injured and prevent disease outbreaks, while members working in education should work to resume school classes, Xi said.Other CPC officials and members in transport, electrical power and telecommunications should make efforts to repair infrastructure, and restore power, water supplies and road transport as soon as possible.He Guoqiang, head of the CPC Central Commission for Discipline Inspection, who was also present at the meeting, underlined disciplinary rules for quake relief work.