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MOSCOW, May 9 (Xinhua) -- Chinese President Hu Jintao left Moscow for Beijing Sunday, after taking part in ceremonies marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.Earlier in the day, President Hu joined other state leaders for celebration activities, including a parade on Moscow's Red Square and wreath-laying ceremonies at the Tomb of the Unknown Soldier.During his stay in Moscow, President Hu met Russian war veterans, who helped China fight Japanese invaders in World War II.  Chinese President Hu Jintao (5th R, front row) joins other state leaders here on Sunday in celebrations marking the 65th anniversary of Russia's victory in the Great Patriotic War against Nazi Germany on the Red Square in Moscow, Russia, May 9, 2010.On the sidelines of Victory Day celebrations, President Hu met Russian leaders and they exchanged views on bilateral ties and important world and regional issues.In the World Anti-Fascist War, the Soviet Union fought 80 percent of the German fascist forces in the European theater, which cost the Soviet Union 27 million lives and immeasurable national wealth, and made great contributions to the victory of the World Anti-Fascist War.

BEIJING, May 19 (Xinhua) -- The Chinese government has given priority to the rebuilding and repairing of residential houses during post-quake reconstruction in northwestern Yushu.A 7.1-magnitude earthquake struck Yushu Tibetan Autonomous Prefecture in northwest China's Qinghai Province on April 14, leaving at least 2,200 dead."Houses that are repaired must be repaired in a timely manner. For those that are to be rebuilt, residents' wishes regarding house style must be respected," the statement released after a regular State Council meeting on Wednesday said.The statement noted the difficulties the reconstruction work faces: cold weather, low oxygen-levels, a fragile ecosystem, and inadequate construction resources.According to the statement, the country plans to spend three years finishing the "main reconstruction task."The government vowed to build the "safest and most stable" schools and hospitals in the quake zone while protecting local ethnic and religious cultural heritage.

BEIJING, May 25 (Xinhua) -- China and Finland here on Tuesday marked their 60th anniversary of diplomatic ties at an evening reception.Addressing the reception, Wang Gang, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference, said the two countries had become "reliable partners of cooperation."Finnish President Tarja Halonen echoed Wang, saying information and environmental concerns had become important areas of cooperation.The president said she was leading a delegation of business people to China to build links between the two countries. She said she looked forward to a clean tech workshop slated for Wednesday.Halonen arrived at Beijing Tuesday morning, kicking off her six-day visit to China. She will also visit Shanghai and attend the national pavilion day of Finland at the Shanghai World Expo.

GENEVA, April 20 (Xinhua) -- China on Tuesday asked the World Trade Organization to set up an expert panel to rule whether the European Union's antidumping duties on Chinese-made footwear violates global trade regulations.At a meeting of the WTO's Dispute Settlement Body, the Chinese delegation reiterated that the EU's antidumping measure was inconsistent with related WTO agreements and it impaired China's benefits."China requests the DSB to establish a panel to ensure the protection of China's legitimate rights and benefits under the WTO agreements," the delegation said in a statement.The delegation said that it was taking the action after the latest consultations with the EU on March 31 failed to resolve China's concerns and "no mutually satisfactory solution could be reached."The delegation's statement also urged the 27-nation bloc to bring its legislation in line with WTO agrements and "to terminate the measure on Chinese footwear on account of their inconsistency with WTO rules."The EU said it regretted the step take by China and blocked the panel request. But according to the WTO's dispute settlement procedures, a panel request can be blocked only once, which means the panel would be established automatically if China makes a second request at a DSB meeting scheduled for next month.China first brought the dispute to the WTO on Feb. 4, which initiated a 60-day consultation period between the two sides.A panel request is the second step in the WTO's dispute settlement procedure following unsuccesful consultations in finding a resolution.

BEIJING, May 22 -- China's stock index futures wrapped up their first month of trading on Friday as the May contract was delivered smoothly without triggering sharp declines or volatility in the spot market.The May contract rose 0.51 percent to close at 2749.8 points while the June contract, the most actively traded, rose 1.44 percent to close at 2801 points. The CSI 300 Index, which tracks 300 large caps traded on the Shanghai and Shenzhen bourses gained 1.57 percent to 2768.79 points.The smooth settlement of the May contract eased investors' worries about the "expiration day effect", with fears that it would trigger sharper volatility on the spot market due to more active trading of index futures as investors rushed to close positions for May and changed to June contracts on that day."The trading volume and the holdings of the May contract dramatically decreased in the past month, which significantly reduced the incentive of price manipulation in the spot market," said Yang Cui, an analyst at Changjiang Securities.Chen Zhenzhi, an analyst at Guangfa Futures, said the impact of the expiry day was very limited due to the fact that most institutional investors have not participated in index futures trading.The China's index futures market is still dominated by retail investors although securities firms and equity funds have been allowed to trade the new financial instrument. The securities regulator required that institutional investors should trade index futures for hedging rather than speculative purposes.Trading of index futures contracts, agreements to buy or sell the CSI 300 Index at a present value on an agreed date, allow investors to profit from both gains and declines in the market. Chinese investors could previously only profit from gains in equity prices.Some analysts said the launch of the financial instrument was one of the reasons leading to the recent decline as the short selling mechanism increases market volatility in the short term.The benchmark Shanghai Composite Index has declined 17 percent since the launch of index futures trading on April 16. It has been ranked as one of the world's worst performers along with some debt-troubled European countries.But Wang Lianzhou, former deputy director of the National People's Congress' finance and economics committee, was recently quoted by Chinese media as saying that the market's decline should not be blamed on index futures, which is designed to make the market more professional and less speculative.

来源：资阳报