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FUZHOU, Nov. 11 (Xinhua)-- Alibaba.com Ltd., operator of China' s largest online-commerce site for businesses, said its paying members in the third quarter exceeded 1 million for the first time, as shown in its unaudited financial figures for the quarter, released on Thursday.Alibaba boasts 56.7 million registered users, 8.2 million storefronts and over 1 million paying members, up by 25 percent, 35 percent and 30 percent respectively, year on year, according to the report."We specifically stepped up our efforts in enforcing a trusted and safe environment in our marketplace by eliminating paying members who committed fraud, as well as those who have a high probability to commit fraud. In this quarter, we terminated about 1,200 Gold Supplier members," said David Wei, chief executive officer of Alibaba.com., as posted on its website.Further, Alibaba's third quarter profit rose by 55 percent to 366.1 million yuan (55.3 million U.S. dollars) from 236 million yuan one year earlier, Alibaba said."Despite the uncertainty and mixed signals in the global economic environment, we are gratified to see our financial growth remained strong during this quarter," said David Wei.
BEIJING, Jan. 4 (Xinhua) -- A senior official of the Communist Party of China (CPC) Tuesday stressed the acceleration of the nation's cultural sector development to create a favorable environment for its economic and social progress.Li Changchun, a Standing Committee member of the Political Bureau of the CPC Central Committee, China's top leadership, made the remarks while addressing a meeting of CPC publicity officials.Noting that the year 2011 marks the 90th anniversary of CPC's founding, the official urged related authorities to accelerate the reform of the nation's cultural system.Li Changchun (C), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, speaks at a meeting of CPC publicity officials in Beijing, capital of China, Jan. 4, 2011. He also urged the establishment of a system to ensure universal access to cultural services, and enhanced guidance of literary and artistic creation.Greater efforts must be made to ensure the prosperity of socialist culture in China, to provide moral support to its economic and social development over the upcoming five years, Li said.Furthermore, he demanded increased efforts to promote advanced socialist culture to increase the international influence of Chinese culture.
BEIJING, Dec. 3 (Xinhua) -- China's Ministry of Commerce (MOC) Friday welcomed ruling from the World Trade Organization (WTO) that the European Union (EU) anti-dumping duties on Chinese screws and bolts were discriminatory and are in violation of global commerce rules.For a long time, the EU has been requiring Chinese exporters to prove they meet with the "single duty" requirements when they are responding to anti-dumping cases, bringing a heavy burden and unfair treatment to Chinese companies, said an official with the MOC.In particular the WTO ruled the EU's single duty requirements and practices are discriminatory and violated WTO rules.China urged the EU to respect the WTO ruling and rid itself of codes or practices that go against WTO rules and treat Chinese exporters fairly to ensure normal trade between China and the EU, the official said.At the beginning of 2009, the EU decided to impose anti-dumping duties of up to 87 percent for the next five years on fasteners imported from China.The WTO set up an expert panel on Oct. 23, 2009 after China initiated the WTO case on July 31, 2009, saying anti-dumping measures taken by the EU against the import of Chinese steel fasteners violated WTO trade rules.
BEIJING, Nov. 20 (Xinhua) -- A senior official of the Communist Party of China (CPC) in charge of culture and publicity has called for innovations in reforming China's culture sector and for greater efforts in promoting the development of related industries.Liu Yunshan, head of the Publicity Department of the CPC Central Committee, made the remarks Friday while addressing a meeting of local publicity officials, according to a statement given to Xinhua on Saturday.Authorities should work for creating a "cultural atmosphere that improves scientific development and promotes social harmony," the official said.He added that efforts should be made to improve people's understanding of the importance and necessity of transforming China's economic growth mode and of the CPC Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015).The Proposal was adopted last month at the Fifth Plenum of the 17th CPC Central Committee.Further, Liu urged authorities to map out a blueprint for the reform and development of China's culture sector, in accordance with that proposal.