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BEIJING, April 30 (Xinhua) -- Jia Qinglin, Li Changchun and Zhou Yongkang, members of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visited a large-scale theme exhibition, "Tibet, the Past and the Present," on Wednesday. During their separate visits, they were shown around the 160 material exhibits and more than 400 pictures. The exhibition is being held in two halls of the Nationalities Cultural Palace. Jia Qinglin, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visits a large-scale theme exhibition, "Tibet, the Past and the Present," on Wednesday. The exhibition shows the backwardness of Old Tibet and the development and progress of New Tibet, as well as the inseparable, historic links between Tibet and the Chinese nation. Tibet is in its best period in history and the exhibition shows the great changes in the Tibet Autonomous Region in the political, economic, social and cultural fields, said Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Li Changchun, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visits a large-scale theme exhibition, "Tibet, the Past and the Present," on Wednesday.Li, who is responsible for the Party's ideological work, said the exhibition exposes the darkness, cruelty and backwardness of Old Tibet and the hypocritical face of the ** Lama as a "human rights guardian," "missionary of peace" and "spiritual leader." The historic materials show that Tibet has been an inseparable part of China since ancient times, as the Chinese central government has exercised effective sovereign rule over Tibet, said Zhou, the secretary of the CPC Central Committee for Political and Legislative Affairs. Zhou Yongkang, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visits a large-scale theme exhibition, "Tibet, the Past and the Present," on Wednesday.The senior Party officials all pledged to safeguard the achievements of New Tibet, the happy lives of Tibetans and prosperity, development, harmony and stability in Tibet. Other senior Party and State officials visiting the exhibition on the same day included Hui Liangyu, Liu Yunshan, Ma Kai, Meng Jianzhu and Du Qinglin. The exhibition is sponsored by the United Front Department of the CPC Central Committee, the State Council Information Office, the State Ethnic Affairs Commission and the regional government of Tibet. It will be open to the public between April 30 and July 25,free of charge.
BEIJING, July 13 (Xinhua) -- The Beijing municipal government said on Sunday that the city's state-owned enterprises (SOEs), institutions and social groups should adjust their working hours from July 20 to Sept. 20 to avoid traffic jams. A notice issued by the municipal government said that, except for schools and institutions that provide essential services, SOEs should operate from 9 a.m. to 5 p.m. The Beijing municipal government said on Sunday that the city's state-owned enterprises (SOEs), institutions and social groups should adjust their working hours from July 20 to Sept. 20 to avoid traffic jams Large shopping centers should open at 10 a.m. and stay open later in the evening. Other institutions should operate from 9:30 a.m. to 5:30 p.m. Government departments won't alter their hours, the notice said. The notice also encouraged institutions to handle business online if possible and arrange flex-time arrangements where feasible.
BEIJING, Oct. 9 (Xinhua) -- China's securities regulator on Thursday said publicly-traded companies must pay dividends in cash rather than stock over three years before submitting their refinancing applications. The move could help to encourage long-term investment and reduce market volatility, the China Securities Regulatory Commission (CSRC) said. The benchmark Shanghai Composite Index has plunged 66 percent from its record high last October. In a new regulation stipulating cash dividend payment by listed companies, the CSRC said: "The listed firms, if applying for refinancing, must pay dividends in cash totaling no less than 30 percent of its distributed profits over the past three years." The regulation went into effect on Thursday. In the draft version released in August, companies were allowed to pay dividends either in cash or stock. The listed firms were also ordered to reveal their cash dividend policies and previous cash dividend data to investors in their annual reports to improve transparency. "The listed company should give reasons why it failed to pay a cash dividend if it is able to and where the money goes," according to the rule. Cash dividends could offer stable investment returns and prompt large institutional investors to reduce speculation on the secondary market, the regulator said. A couple of huge refinancing plans earlier this year triggered a market plunge on concerns over stake dilution and liquidity stress. In a separate regulation on share buy-back, also effective on Thursday, the CSRC said it allowed a cash dividend payment when the controlling shareholders bought stocks on the secondary market. Such action was banned in the draft version released in late September to solicit public opinion. Share buy-back through bidding at stock exchanges also no longer needs regulatory approval. The CSRC added it would continue to revise the rules on stock buy-back and also give consideration to repurchase through agreement or tender offer.
BEIJING, Oct. 9 (Xinhua) -- Chinese Vice Premier Wang Qishan said on Thursday the country is fully confident and capable of overcoming the current economic difficulties, vowing to work closely with other countries to safeguard stability of the global financial market. Wang, in his meeting with former German Chancellor Gerhard Schroeder, said China has already taken relevant measures to face up to the turbulences of the international financial market. As the largest developing country and a rising market, China's priority is to well handle its own problems, he said. He believes China has great potential in domestic market and economic growth, adding the country would continue to take measures to maintain the stable and relatively fast economic development. "The Chinese government is to strengthen coordination with other countries to face up to the global crisis and promote the stability of the global economic and financial market," Wang told Schroeder. He appreciated the former German Chancellor's contribution to cementing bilateral ties. Regarding both countries as important trade, investment and technical cooperation partners, Wang said to further facilitate bilateral trade cooperation complies with the fundamental interests of both sides. Schroeder extended congratulations to China's full success in holding the Beijing Olympics and Paralympics. He hopes the two countries to step up cooperation in various areas to push forward bilateral ties.
BEIJING, Aug. 20 (Xinhua) -- Chinese President Hu Jintao on Wednesday paid a morale-boosting visit to the country's Paralympic athletes, urging them to "strive to become strong and fight for the best." With 16 days to go until the opening ceremony in Beijing, Hu, accompanied by Vice President Xi Jinping, went to the training center for Paralympic athletes in a northeastern suburb of the capital in the morning. Chinese President Hu Jintao shakes hands with an athlete at the training center for Paralympic athletes in Beijing, China, Aug. 20, 2008.More than 300 Chinese athletes competing in the Sept. 6-17 Games were busy training at the center, the country's first national-level training facility for disabled athletes. The 547-member China delegation, the largest in history, will participate in all 20 events during the upcoming Paralympics. Hu watched the training of the athletes in track and field, football, swimming and wheelchair basketball. He cheered on Li Duan who had lost his sight 12 years ago in an accident, as he practiced long jump under the guidance of his coach. Li won two gold medals at the 2004 Athens Paralympics. Chinese President Hu Jintao cheers on swimmers at the training center for Paralympic athletes in Beijing, China, Aug. 20, 2008 "I heard you used to play basketball and switched to long jump after an accident. It must have not been easy for you." Hu said while holding the blind man's hands. "A soldier could be injured, but he remained a soldier. An armyman could fall down, but his will was unbeatable," Li, a soldier in service, responded in high spirit. He said he would fight for better performances at the Beijing Games. Hu also shook hands with other track and field athletes, and looked over the artificial limbs and racing wheelchairs they used. "I was here to cheer for you before the opening of the Games, and I was moved to see all of you striving to become stronger and training very hard." He wished them all good luck during the Games. Chinese President Hu Jintao holds a football after writing "striving to become strong and fighting for the best" on it at the training center for Paralympic athletes in Beijing, China, Aug. 20, 2008. Hu also watched football players afflicted with cerebral palsy in training. They were the first-such group from China to represent the country in the Paralympics. He wrote on a football "striving to become strong and fighting for the best," after the 12 athletes gave the president a football with their own signatures. He said he hoped they would not only fight in the upcoming competition, but also in their daily lives. At the swimming stadium, Hu said he believed the athletes would fully demonstrate their abilities and bring some glory for the country. Chinese swimmers had performed well in previous events. Chinese President Hu Jintao shakes hands with wheelchair basketball players at the training center for Paralympic athletes in Beijing, China, Aug. 20, 2008Hu opened a game for wheelchair basketball players, and applauded the frequent baskets by the athletes. He urged players to put participation before winning and enjoy the fun of the Games. Hu also visited a downtown community home for the disabled after he left the training center to find out about the community services provided for the ordinary handicapped population in the capital. Chinese President Hu Jintao shakes hands with a disabled man who is playing chess in Shichahai community home for the disabled in Beijing, China, Aug. 20, 2008. At the special home set in a courtyard, he chatted with the disabled who were painting, writing, surfing on the Internet, playing Chinese chess or receiving recovery exercises. He also joined some mentally-challenged people who were learning to make pizzas and dumplings, and another 20 handicapped making handicrafts such as bracelets and cloth paintings. "The country will take more measures and make more efforts to improve the living conditions to let all the handicapped have a happy life in their mother country," Hu pledged.