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SHIJIAZHUANG, March 31 (Xinhua) -- Senior Chinese leader Li Changchun on Wednesday called for more efforts to develop socialist culture with Chinese characteristics.In an inspection tour of Hebei Province, Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, urged cultural authorities to reform and innovate to vigorously develop the culture sector.Li summed up progress in the culture sector since the 16th CPC congress in 2002 as a balance of the development of different aspects of the sector."In developing the culture sector, we must correctly handle the relationships between public cultural services and cultural industries, social influence and economic returns, Chinese culture and foreign culture, and the roles of government funding and non-government investment," Li said.Visiting the old revolutionary base of Xibaipo, where the CPC central committee was stationed before moving to Beijing in 1949, he asked local officials to file and digitalize the videos, photos and items that documented the history of the Party.
BEIJING, May 15 -- China is planning to raise the proportion of profits it collects from major State-owned enterprises (SOEs) in a move to balance income distribution, but analysts said the move should be bolder and the collected profits used to improve public well-being.The Ministry of Finance said on Tuesday that it might raise the ratio of profits of SOEs to be submitted to the State coffers.According to existing rules, monopoly enterprises under the administration of the central government in sectors like tobacco, oil, petrochemicals, power, telecommunications and coal mining should submit 10 percent of their post-tax profits, while the ratio for those in the iron and steel, transportation, electronics and trade sectors should be 5 percent.Financial corporations and companies in sectors like railways, transportation, education, culture, science and technology and agriculture are not included in the profit submission framework.The Ministry of Finance did not reveal by how much the ratio would be raised."It should be raised properly, and even if it were raised by 10 percentage points, it doesn't matter too much for those central enterprises, given their high profit level," said Zhang Wenkui, researcher with the State Council's Development Research Center.Central enterprises have been criticized by the public for having taken advantage of their monopoly or market predominance to make excessive profits. Some of them have further fueled public anger as they bid to purchase land at high prices, which is believed to have pushed up home prices.The central government collected profits of 14 billion yuan ( billion), 44.4 billion yuan and 98.9 billion yuan respectively in 2007, 2008 and last year from SOEs. In 2009 alone, however, the enterprises made profits totaling 965.6 billion yuan.

BEIJING, May 4 (Xinhua) -- China had raised 4.349 billion yuan (637 million U.S. dollars) of donations in money and materials for quake-hit Yushu as of Tuesday, according to the Ministry of Civil Affairs.The donations included 3.66 billion yuan and quake-relief materials worth 686 million yuan as of 4:00 p.m., said a statement released by the ministry.The post said 635 million yuan, including 79 million yuan and materials worth 556 million yuan, had been channeled to the quake zone.It said 69,353 cotton-padded tents, 143,854 cotton-padded coats, together with other quake-relief materials, had been delivered to Yushu.At least 2,200 people died and more than 100,000 were left homeless when the 7.1-magnitude earthquake hit the Yushu prefecture, Qinghai Province on April 14.
NANJING, May 18 (Xinhua) -- A senior Chinese leader in charge of disciplinary and supervision work said Tuesday efforts should be made to remove Party and government officials' "psychological disequilibrium" to improve their legal awareness in the fight against graft.He Guoqiang, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, told an anti-corruption forum in Nanjing, capital of east China's Jiangsu Province, the Party should innovate to the fight against corruption.He said a great number of achievements have been made and experience accumulated to help in the fight against corruption.He, also head of the Central Commission for Discipline Inspection of the CPC, the Party's internal anti-graft body, said efforts should be made to strengthen supervision and inspection of the implementation of major decisions of the central leadership.
OMAHA, The United States, May 1 (Xinhua) -- U.S. billionaire Warren Buffett said on Saturday that China is an amazing economy and the Chinese people will be living better lives in 20 years than today.When responding to a question from a Chinese student who is currently studying at Kansas City, Buffett said China is a country with great potential."China is an amazing economy, there's no question about that, and China's excising this kind of potential," Buffett said at the annual shareholders' meeting of Berkshire Hathaway.Buffett, CEO of Berkshire Hathaway, also emphasized that countries around the world do learn from each other.China may learn a few things from U.S. in its own development, but "they don't take everything we have," he said, adding that at the same time, countries like India and China are also helping improve U.S.The billionaire said he was full of hopes for emerging economies like India and China. "People in India and China will be living better lives in 20 years than today."
来源:资阳报