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BEIJING, Jan. 15 (Xinhua) -- China will soon clarify the rules and regulations on qualified foreign institutional investors (QFIIs) trading stock index futures in China, the China Daily reported Friday. "The regulator will work on the policies and regulations on securities companies, mutual funds and QFIIs ... in order to guarantee the smooth launch of index futures," the newspaper quoted Shang Fulin, chairman of China Securities Regulatory Commission (CSRC) as saying at a national conference on securities and futures supervision that ended Thursday. CSRC will also enhance supervision on securities firms that provide brokerage services for index futures trading and improve the country's cross-market supervision regime, the newspaper quoted Shang as saying. Foreign institutions may be allowed to trade index futures using a portion of their QFII quota, but details on trading requirements are still unknown, said the newspaper. At the conference Shang also said that the regulator would introduce margin trading and short selling pilot programs at the appropriate time, according to the newspaper.
BEIJING, Feb. 18 (Xinhua) -- The Ministry of Industry and Information Technology (MIIT) has pledged fresh measures to fight offensive content transmitted by mobile phones and websites.China Mobile, China Telecom and China Unicom, the country's three mobile carriers, have been required to examine the quality of their business partners, Thursday's China Daily reported Thursday.The MIIT also asked the Internet service providers to supervise the content of websites and close irregular websites.Operators of pornographic websites had been evading supervision from authorities through technical tactics including frequently switching domain names and IP addresses, the paper quoted a report on PC World's online edition as saying.The authorities will introduce a blacklist and the design of content-filtering technology to help network operators stem obscene content from reappearing.The measures aimed to protect the healthy growth of the next generation and clean the social environment, the MIIT said in statement.

MOSCOW, March 23 (Xinhua) -- The Sino-Russian relations of strategic cooperation and partnership have become the most important, most vigorous and richest ties between the two major powers, Chinese Vice-President Xi Jinping said here on Tuesday.At a meeting with Prime Minister Vladimir Putin, Xi conveyed sincere greetings from Chinese President Hu Jintao and Premier Wen Jiabao to the Russian leader.The Sino-Russian relations have always been a priority of China's foreign policy. To boost a sound and stable development of the Sino-Russian relations of strategic cooperation and partnership have been an established guideline of the Communist Party of China (CPC) and the Chinese government, Xi said.China stands ready to step up mutual support on issues concerning both sides' core and strategic interests, exploit complementary advantages, jointly promote a multi-polar world and the democratization of international relations and elevate bilateral ties to a new stage, the Chinese vice-president said. Chinese Vice President Xi Jinping (R) meets with Russian Prime Minister Vladimir Putin in Moscow, capital of Russia, March 23, 2010.Xi hoped the two countries will further their coordination on economic development strategies, deepen energy cooperation and improve the quality and level of economic and trade cooperation.He called for further implementation of major consensus on interregional cooperation reached by the two countries' leaders and increased people-to-people exchanges against the backdrop of the "Year of Chinese Language" in Russia this year.
BEIJING, Jan. 21 (Xinhua) -- China's yuan-denominated individual home mortgage lending rose 1.4 trillion yuan (204.98 billion U.S. dollars) in 2009, up 47.9 percent from the previous year, said a report issued by the People's Bank of China, the central bank, on Wednesday.The growth rate was 37.4 percentage points higher than the previous year, said the report on China's investment flow in 2009.Meanwhile, the yuan-denominated property development lending gained 576.4 billion yuan in 2009, up 30.7 percent year on year, and the growth rate was 20.4 percentage points more than the previous year, the report said.The total mid-term and long-term loans in foreign and domestic currency expanded 7.1 trillion yuan in 2009, up 43.5 percent from the previous year, and the growth rate was 23.4 percentage points more than the previous year.The short-term loans in foreign and domestic currency expanded 2.3 trillion yuan, up 758.5 billion yuan from the same period last year.Industrial mid-term and long-term loans in foreign and domestic currency added 1 trillion yuan among China's major financial institutions, up 26 percent from the previous year.Infrastructure mid-term and long-term loans in foreign and domestic currency expanded 2.5 trillion yuan, up 43 percent from the same period last year, according to the report.The central bank said on Jan. 15 that China's new yuan-denominated lending in 2009 hit a record 9.59 trillion yuan (1.4 trillion U.S. dollars), almost double that of the previous year.
BEIJING, March 14 (Xinhua) -- The development road of China will be bumpy and even thorny in the next few years, Premier Wen Jiabao told a press conference Sunday rightly after the conclusion of the national legislature's annual session.He called for unslackened efforts to tackle difficulties, saying "we must have firm confidence.""No matter how high a mountain is, one can always ascend to the top. The only way out and hope when facing difficulties lie in our own efforts," Wen said.Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010He also said he holds deep love for the country and vowed strong commitments in the next three years of his term.
来源:资阳报