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BEIJING, Nov. 23 (Xinhua) -- China's drug watchdog has launched a campaign to expose and crack down on illegal spread and selling of drugs on the Internet."Food and drug administration departments at all levels should explore effective methods to stop the sale of fake or inferior-quality drugs, especially those advertised and sold on the Internet," said Shao Mingli, head of the State Food and Drug Administration (SFDA), Tuesday at a meeting.According to SFDA's monitoring on six major search engines including Google and Yahoo, after typing the key words of "medicine" plus a type of common disease, such as "diabetes" or "high blood pressure," 10 to 30 percent of search results contained illegal drug-related information.Figures show that, among 196 web pages being monitored, 96 percent did not have or failed to show certificates for drug-related trades or other services. Some 39 percent have no Internet Content Provider (ICP) records in the database of telecommunication management departments.ICP is a permit to run web sites in China.According to the SFDA, these illegal sites usually advertise or sell drug products in the name of large hospitals or research institutes. Some even forged pages of the SFDA drug database to fool buyers that their drugs had been approved by the administration.The campaign is part of a nationwide crackdown on the violation of intellectual property rights and the production and distribution of fake and shoddy products, which began earlier this month.
BEIJING, Jan. 5 (Xinhua) -- China vowed Wednesday that it would continue efforts to expand and upgrade its rural power grid networks in the next five years to meet the increasing demand.Safe, environmentally-friendly, and technologically-advanced rural power networks are expected to cover most of the nation's rural areas to ensure better electricity use for rural residents during the country's 12th Five-Year Plan period (2011-2015), according to a statement issued after a State Council executive meeting chaired by Premier Wen Jiabao.Full-fledged power networks are still beyond reach for some rural residents in China's central and western rural regions, despite government moves to expand rural networks beginning in 1998, the statement said.Relevant departments should step up efforts to improve power generation facilities for irrigation and farm produce processing to ensure power consumption of agriculture production, the statement said.Further, participants at the meeting also pledged to slash rural power prices.

MINSK, Dec. 21 (Xinhua) -- China and Belarus have a bright prospect for cooperation as the two countries share highly economic complementarity, says the Chinese ambassador to Belarus.Ambassador Lu Guicheng said that in recent years, China-Belarus ties have expanded rapidly and have been promoted by the leaders of both countries.The ambassador also said in the interview with Xinhua that the two countries are mutually supportive of each other on global affairs and frequent interactions between senior officials of the two countries have injected strong momentum into the development of bilateral ties.Lu also stressed that China-Belarus reciprocal economic cooperation is flourishing, with the smooth development of some major cooperative projects on infrastructure construction."China and Belarus are economically complementary on resource, market, fund and equipment, and thus share a broad prospect for cooperation," Lu told Xinhua.Meanwhile, the diplomat mentioned the profound friendship between the Chinese and Belarusian peoples.After a deadly earthquake struck China's northwestern region of Yushu in April, Belarus was among the first to extend condolences and provided aid to the people affected, Lu said.
BEIJING, Dec. 15 (Xinhua) -- China's National Meteorological Center alerted central and southeast China to a blizzard on Wednesday as a bitter cold front kept expanding southward, enveloping China in snow and record-low temperatures.Snows have now covered most of southern China. Even the subtropical Guangdong Province and Guangxi Zhuang Autonomous Region will see temperatures drops up to 10 degrees centigrade, according to a statement from the center.The ongoing Asian Para Games in Guangzhou, capital city of Guangdong, were affected by the weather. The wheelchair tennis competition hadto be held indoors, with some matches being delayed on Wednesday.A snowfall, starting at 8:45 a.m., has coated Nanchang City, capital of east China's Jiangxi Province, in white. Forecasts say snowstorms will continue to ravage most of Jiangxi until Friday.With the average temperature having dropped from about 9 to 1.7 degrees centigrade, most parts of central China's Hunan province are being pounded by rain, snow and hail storms.The weather has also begun to disrupt traffic.Flights leaving an airport in Jiangxi were canceled as snows affected visibility of pilots. In Hunan, drivers had to slow down to avoid accidents and construction work was halted amid the bitter cold as migrant workers crowded railway stations.Hunan and Jiangxi are only two of the many provinces and region to the south of the Yangtze River being hit by snowstorms.The National Meteorological Center forecast temperatures in most parts of China would start to climb on Friday. However, that brings little comfort to people now enduring the bitter cold. "What's more worrisome is that colder days are still ahead of us," said Sun Zheng, a migrant worker in Hunan.January and February are usually the coldest months in China. It is also the country's busiest traffic season when migrant workers and students head home for family reunions during the Spring Festival Holidays.The last 40-day travel rush, that ended on March 11, recorded 2.29 billion long-distance bus trips. Also, more than 29 million Chinese traveled by air and over 204 million people traveled by train during the period.The travel rush had been an ordeal for China's traffic system. It could be disastrous when accompanied by snowstorms.The carpeting snows in central and southern China have started to remind people of a blizzard in January 2008, which left 129 people dead and caused losses of 151.65 billion yuan (22.7 billion U.S. dollars) in the same area.On Nov. 29 China's Ministry of Railroad called for railway stations across China to start bracing for the coming Spring Festival travel rush. The rush will start around Jan. 19, 2011.Meanwhile, many northern Chinese cities, that have already been swept by the cold front, reported the coldest temperature in a decade for this period.In an extreme case, temperatures in Hulunbuir City in north China's Inner Mongolia Autonomous Region dropped to minus 46 degrees centigrade. Beijing also reported a record low temperature on this date in the past 10 years.Further, ice sheets have been seen off the coast of the Bohai Sea and Yellow Sea in east China as the northern part of the seas have begun to freeze.
BEIJING, Nov. 26 (Xinhuanet) -- The Shanghai municipal government is making moves to enhance its mergers and acquisitions (M&As) market, a move in tune with the cosmopolitan city's ambition to make itself a global financial hub by 2020.The city will initially actively propel the construction of its financial market and M&A-related auxiliary services, especially the agents who facilitate deals, to aid these activities, said Shanghai Vice-Mayor Tu Guangshao on Thursday.He said the local government is also considering setting up a China Mergers and Acquisitions Association in Shanghai.Meanwhile, plans to open an M&A museum are also in the pipeline to help create an M&A culture in the city."We've made concrete efforts to encourage benign conditions to allow these plans to materialize," Tu said.The M&A market, in turn, will help catalyze improvements in the city's financial market functions, structures, and systems, as well as boosting badly needed adjustments to its economic structure. This will help Shanghai further speed up its plans to become a global financial center by 2020, an ambition which was approved by the State Council in March 2009.According to figures from the Shanghai headquarters of the People's Bank of China (PBOC), there are 11 financial institutions running M&A loan businesses in the city, lending more than 10 billion yuan (.5 billion) during the first seven months of this year.The central government in September issued guidelines on the promotion of enterprise M&A in six major industries, including automobiles and cement, to accelerate cross-border corporate restructuring and cater for the nation's aim of rebalancing the economy as the 12th Five-Year Plan (2011-2015) approaches."We should increase support for cross-border M&A activities, which is of great significance to China's economy and will help stimulate the Asian economic recovery," said Su Ning, board chairman of China UnionPay, the country's only credit card network.The former vice-governor of the PBOC also urged more private firms, which have actively sought areas of overseas expansion, to participate in cross-border deals using their extensive capital resources.China's private economy accounts for more than half of the nation's gross domestic product, according to Huang Mengfu, vice-chairman of Chinese People's Political Consultative Conference. "Active private investment, as such, is pivotal to the nation's economic development the non-State economy will certainly replace investment by State-owned firms as a driving force to boost the Chinese economy after the financial crisis," said Huang, who also serves as chairman of All-China Federation of Industry and Commerce.Privately owned auto maker Zhejiang Geely Holding Group in August completed its .8 billion acquisition of a stake in Volvo Car Corporation, a move which emphasizes the desire of China's cash-rich private companies to make acquisitions abroad.In addition, industry experts said that financial institutions should develop more financial innovations to supply China's overseas acquisition wave, and encourage more private equity funds to participate in cross-border deals, rather than simply focusing on pre-Initial Public Offering projects.
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