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GUANGZHOU, July 20 (Xinhua) -- Chinese Premier Wen Jiabao has said unswerving confidence and arduous work are needed to achieve the goals of a steady and relatively fast economic development and control of soaring consumer prices in the country.     Wen visited Guangdong Province - the country's reform and opening-up forerunner, on Saturday and Sunday, for research on current domestic economic situation. Chinese Premier Wen Jiabao (2nd L) looks at a specimen of a shoe during his visit in a company in Dongguan, south China’s Guangdong Province, July 19, 2008. Wen Jiabao paid an inspection tour to Guangdong on Saturday to investigate and research the province's economic situation.The premier visited steel, shoes, digital machinery and high-tech enterprises in Guangzhou, Dongguan and Shenzhen to know their production, sales and products development.     More efforts should be made in the research and development and improvement of technological levels to create home-made brands and increase competitiveness, he said.     Just as with the whole nation, Guangdong has a good social and economic situation, but also faces many new difficulties and problems, Wen said. Some exports-oriented small and medium-sized enterprises in the Pearl River Delta area have felt the increasing impact of the world's economic growth slowdown and shrinking foreign demands, he noted.     The fundamental way to deal with the challenges is to deepen reform and opening up and promote development in a scientific way, said the premier.     During the visit, Wen talked with staff and managers of enterprises and urged them to attach importance to innovation.     The key to the development of a country, a nationality and an enterprise is innovation, Wen said. Only continuous innovations can enable the Chinese nation stand up in the world and enterprises become leaders of their industries, he said.     Guangdong has made great achievements in economic and social development in the past 30 years, realized a historic jump and contributed a lot to the country's reform and opening up and modernization construction, Wen said. The province should continue to take the lead in the country's reform and opening up, he added.

BEIJING, Sept. 6 (Xinhua) -- With a dazzling and emotional show that highlighted the value, dignity and dream of life, the Beijing 2008 Paralympic Games opened in the Chinese capital on Saturday night, rallying the world under one shared dream of "transcendence, integration and equality" for the disabled.    "Ge Jiu Ge Wei (ready), Yu Bei (set) ... " At the order given in Chinese by International Paralympic Committee (IPC) President Philip Craven, nearly 100,000 spectators in the National Stadium, or the Bird's Nest, in north Beijing, clapped their hands simultaneously to give a unique and resounding "go" signal to the world's premier sporting event for elite athletes with disabilities.Photo taken on Sept. 6, 2008 shows the general view of the opening ceremony of the Beijing 2008 Paralympic Games in the National Stadium in Beijing, ChinaA record 4,000-plus athletes from 147 countries and regions, 10 times the figure at the Games' debut in Rome 1960, marched into the stadium amid thundering cheers from the stands, before Chinese President Hu Jintao declared the Games open at 22:36 Beijing time.    "These Games will have more athletes, more competing nations, and more sporting events than ever before," said Philip Craven in his opening ceremony speech, calling them "milestones in Paralympic history."    The three-hour ceremony climaxed when Hou Bin, China's triple Paralympic high jump champion with only one leg, lit the cauldron for the Games.Fireworks are displayed at the opening ceremony of the Beijing 2008 Paralympic Games held in the National Stadium in Beijing, China, Sept. 6, 2008With the torch on his wheelchair, the 33-year-old Hou used both hands to pull himself up along a hanging rope to the rim of the steel-latticed Bird's Nest to accomplish his laborious mission. Though suspended by wires, he had to halt and gasp for several times, with the entire crowd cheering him on loudly.    The Paralympic flame, first lit at the 600-year-old Temple of Heaven in south Beijing on Aug. 28, was relayed through 11 Chinese cities -- including ancient capitals Xi'an and Luoyang and modern metropolises Shanghai and Shenzhen -- in nine days, covering a distance of 13,181 kilometers and involving 850 torchbearers.Fireworks are displayed during the opening ceremony of the Beijing 2008 Paralympic Games in the National Stadium, also known as the Bird’s Nest, in Beijing, China, Sept. 6, 2008. Shortly before the cauldron was set ablaze, the IPC flag, which carries the IPC logo of red, blue and green curves -- a new design adopted just in 2003 and used at a Paralympics for the first time, was escorted into the stadium by a team of eight Chinese Paralympic gold medalists, and hoisted next to the Chinese national flag.    On behalf of all athletes and officials, Chinese athlete Wu Chunmiao and goalball referee Hao Guohua, holding a corner of the IPC flag, took the Paralympic oath, vowing to keep the Games competition fair and clean.    "Over the next 11 days, the heroines and heroes will undoubtedly be the athletes," said the IPC president.    The Paralympians, many in wheelchairs or on crutches and often seen supporting each other on the track, were ushered into the stadium minutes after the opening ceremony began at 20:00 Beijing time sharp.    All smiling broadly, they waved hands, hats and flags to the stands, and posed for pictures with team guides or volunteers.

BEIJING, July 2 (Xinhua) -- China senior political advisors gathered here Wednesday, to learn about the country's economic situation and developments in the earthquake relief and reconstruction campaign.     Jia Qinglin, chairman of the CPPCC National Committee and member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, presided over the inaugural session of the second meeting of the Standing Committee of the 11th CPPCC National Committee.     Jia praised CPPCC members for their participation in the earthquake relief campaign.     The relief situation remained serious and the tasks were still very heavy, Jia said. The CPPCC was responsible and duty-bound to contribute to the relief and reconstruction work. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), presides over the second session of the Standing Committe of the 11th CPPCC national committee in Beijing July 2, 2008.    He encouraged the senior advisors to speak their views at the meeting, to provide the Party Central Committee and the State Council with more valuable comments and proposals. Chinese Vice Premier Zhang Dejiang (C) speaks in the second session of the Standing Committe of the 11th national committee of the Chinese People's Political Consultative Conference (CPPCC) in Beijing July 2, 2008.Vice Premier Zhang Dejiang, in a report on the economic situation, said China had experienced the most austere economic and social challenges.     China had maintained stable and relatively fast economic development, thanks to the timely decisions and arrangements by the Party Central Committee and the State Council, as well as the work by local Party committees and governments, said Zhang, also a member of the Political Bureau of the CPC Central Committee.     The country would continue earthquake relief and reconstruction while firmly adhering to promoting economic and social development, so as to achieve social harmony and stability.     Zhang hailed the reform of state-owned enterprises in the past 30 years, and pledged to speed up the reform.     He said China had entered into a crucial stage in developing its social security system, which required increased investment to "allow everyone enjoy fundamental living security, while trying hard to reach the goal of enabling everyone to enjoy schooling, find paid jobs, get medical services, retire on a pension, and live in decent housing".     The meeting is scheduled to last for four days.

BEIJING, Oct. 4 (Xinhua) -- The ongoing global financial turbulence will have a limited impact on China's banks and financial system in the short run, according to officials and experts.     "We feel China's financial system and its banks are, to the chaos developed in the U.S. and other parts of the world, relatively shielded from those problems," said senior economist Louis Kuijs at the World Bank Beijing Office.     He told Xinhua one reason was that Chinese banks were less involved in the highly sophisticated financial transactions and products.     "They were lucky not to be so-called developed, because this (financial crisis) is very much a developed market crisis." Farmers harvest rice in 850 farm in Northeast China's Heilongjiang Province on Sept. 26, 2008.    A few Chinese lenders were subject to losses from investing in foreign assets involved in the Wall Street crisis, but the scope and scale were small and the banks had been prepared for possible risks, Liu Fushou, deputy director of the Banking Supervision Department I of the China Banking Regulatory Commission, told China Central Television (CCTV).     Chinese banks had only invested 3.7 percent of their total wealth in overseas assets that were prone to international tumult, CCTV reported. The ratio of provisions to possible losses had exceeded 110 percent at large, state owned listed lenders, 120 percent at joint stock commercial banks and 200 percent at foreign banks.     Kuijs noted most of the banks resided in China where capital control made it more difficult to move money in and out. Besides, the country's large foreign reserves prevented the financial system from a lack of liquidity, which was troubling the strained international markets.     "At times like this, one cannot rule out anything," he said. "But still we believe the economic development and economic fundamentals in China are such that it's not easy to foresee a significant direct impact on the financial system."     However, he expected an impact on China's banks coming via the country's real economy, as exports, investment and plans of companies would be affected by the troubled world economy and in turn increase pressure on bad loans.     Wang Xiaoguang, a Beijing-based macro-economist, said the growing risks on global markets would render a negative effect on China in the short term but provided an opportunity for the country to fuel its growth more on domestic demand than on external needs.     He urged while China, the world's fastest expanding economy, should be more cautious of fully opening up its capital account, the government should continue its market reforms on the domestic financial industry without being intimidated.     Chinese banks had strengthened the management of their investments in overseas liquid assets and taken a more prudent strategy in foreign currency-denominated investment products since the U.S.-born financial crisis broke out, CCTV reported.

BEIJING, Oct. 10 (Xinhua) -- A new-generation short haul passenger aircraft solely developed in China has completed a successful trial flight, paving the way for commercial production next year, the manufacturer announced on Friday.     The Xinzhou-600, developed by Xi'an Aircraft Industry Company (XAC) of the China Aviation Industry Corporation I (AVIC I), flew on Thursday in Xi'an, capital of northwest China's Shaanxi Province, said the AVIC I.     The turboprop aircraft was a new version of the Xinzhou-60 that can carry 50 to 60 passengers. The Xinzhou-600 had been updated with a more comfortable cabin and better designed body structure and maintenance system, said Geng Ruguang from the AVIC. A new-generation short haul passenger aircraft solely developed in China has completed a successful trial flight, paving the way for commercial production next year, the manufacturer announced on Friday    It was also designed for inter-island flights, which would helpit in the Southeast Asia and island nation markets, Geng said.     XAC took about three years to develop the Xinzhou-600, which would be delivered to clients from the second half of 2009, he said.     The company has orders for 136 Xinzhou-60s and has exported them to Zambia, the Republic of Congo, Laos, Zimbabwe and Bolivia since 2006.     This would give China the edge to compete in the global market for turboprop aircraft, where demand is expected to reach 1,900 in20 years.     Geng said the company had started to plan the development of the next generation aircraft, the Xinzhou-700.

来源：资阳报