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BEIJING, Dec. 29 (Xinhua) -- China Wednesday released its first ever white paper on the nation's anti-graft efforts, expressing its resolve to strengthen the fight against corruption.The document, titled China's Efforts to Combat Corruption and Build a Clean Government, was issued by the Information Office of the State Council, or Cabinet.Ren Jianming, director of the Anti-Corruption and Governance Research Center at Tsinghua University, said corruption is a sensitive issue, and the white paper shows "China has a more open and cooperative attitude toward the problem."The report will help eliminate bias and misunderstanding about China's anti-graft battle as it details both achievements and problems, said He Zengke, a researcher at the Central Compilation and Translation Bureau, a prominent research institute on Marxism and Chinese policies."It will help people develop a correct, objective and comprehensive understanding of China," he said.China's efforts to combat corruption and build a clean government have been managed systematically and promoted comprehensively and "achieved results," the report said.From 2003 to 2009, prosecutors at all levels investigated more than 240,000 cases of embezzlement, bribery, dereliction of duty, and rights infringement, according to the report.From January to November, the Party's discipline watchdogs investigated 119,000 graft cases, resulting in 113,000 people being punished, of whom 4,332 were prosecuted, said Wu Yuliang, secretary general of the Central Commission for Discipline Inspection of Communist Party of China (CPC), at a press conference Wednesday.From 2005 until 2009, over 69,200 cases of commercial bribery -- involving some 16.59 billion yuan in funds -- were investigated, it said.In 2009, some 7,036 officials were held responsible for serious mistakes, breach of duty, and failing to manage and supervise subordinates, the report said.The report quoted a National Bureau of Statistics survey as saying that 83.8 percent of Chinese thought corruption was reduced to some extent in 2010, which was up from 68.1 percent in 2003.The document warned that the task of curbing corruption remains arduous.China has undergone dramatic economic and social change, and the ideas and concepts of the people have altered, leading to increased social conflict, the report said."Since the relevant mechanisms and systems are still incomplete, corruption persists, some cases even involving huge sums of money," the report said. "Breaches of law and discipline tend to be more covert, intelligent and complicated."The CPC and the government understand the "long-haul, complicated and arduous" nature of the anti-graft mission, the report said."They will resolutely punish and effectively prevent corruption with more resolutions and powerful measures," the report said.The report introduces the principles, working mechanisms and legal framework for China's anti-graft system. It also sets out the progress made in combating corruption and international anti-graft cooperation.Despite the achievements made, more work has to be done to meet the people's expectation for anti-graft efforts, especially with improving the transparency of decision making, He said.Many difficulties and problems facing the anti-graft work will be solved through the reform of the systems, he said.On Tuesday the Political Bureau of the CPC Central Committee, the country's central leadership, set objectives for the country's anti-graft mission in the next phase, stressing better anti-corruption supervision on construction projects, public money being held in private account, extravagant ceremonies, and government vehicles.Prof. Yan Shuhan at the Central Party School said the Communist Party of China should stay sober-minded and persistent in its anti-graft endeavor and face the problems head on.

BEIJING, Nov. 21 (Xinhua) -- China has sent three warships to escort a Chinese cargo ship that had been attacked earlier by pirates in the Arabian Sea near Oman, the China Maritime Search and Rescue Center (CMSRC) said Sunday.Twenty-one crew members, all Chinese nationals, have now been accounted for aboard the Taishankou.The center said the crew hid in a safety compartment when the pirates boarded the ship. It did not mention any injuries among crew members.The center received a call for help from the Taishankou at 4:40 p.m. (Beijing Time) Saturday. Chinese warships assigned to escort duties in the Gulf of Aden rendezvoused with the Taishankou at 8:44 a.m. Sunday.Additionally, the CMSRC advised vessels to pay more attention to safety since the area reported a recent increase in pirate attacks.This followed another Chinese ship, the Lecong, being attacked by pirates in the northern Indian Ocean Thursday. One of the 26 crew members aboard the Lecong was injured during a battle with the pirates.The Lecong is now sailing toward Oman under the escort of a Chinese warship, according to a report in Sunday's People's Liberation Army Daily.The injured crew member was reported to have suffered a wound and infection, though his medical condition was reported as stable.

BEIJING, Jan. 13 (Xinhua) -- Vice Premier Li Keqiang's three-nation visit to Europe has expressed China's confidence, boosted mutual trust, expanded cooperation and deepened mutual understanding, Vice Foreign Minister Fu Ying said Thursday.Li returned to Beijing on Thursday afternoon after making visits to Spain, Germany and Britain at the invitations of their governments.Fu said that the vice premier's visits took place as the deep-seated impact of the international financial crisis remains unabated, the global economic recovery still faces uncertainties, and as Europe is in a tough fight against sovereignty debt crises.The visits were a great success and have been a solid start for the development of China's relations with Europe in 2011, Fu said.ENHANCED MUTUAL UNDERSTANDINGAccording to the vice foreign minister, Li said during his visit that China is a strategic partner of the three nations, and shares with them extensive common interests. Calling China's development an opportunity for the European countries, Li also said their prosperity and stability means opportunity for China.China is willing to work in concert with the three nations to rise to the challenges and seek common development, Fu quoted Li as saying.When visiting Spain, Li said choosing Spain as the first leg of his tour was to convey China's confidence in the country and the European Union (EU) in their fight against the sovereignty debt crises.Li called Spain a good friend and partner of China, and expressed China's willingness to intensify their traditional friendship and cooperation, and express its confidence in Spain's ability to tide over the current economic difficulties.Recognizing Germany as China's important partner in the EU, Li hailed their close cooperation and their mutual respect of each other's core interests.He expressed the hope that the two sides will understand and settle each other's concerns with a positive attitude in the new situation so as to further deepen bilateral ties.During his stay in Britain, Li said, to enhance the stability of bilateral relations, the two countries should continue treating each other on an equal basis and respecting each other's path of development.The Chinese leader said he wishes for China to deepen cooperation with the three nations and the EU when combating crises, and to establish with them a partnership featuring future-orientation, equal treatment, mutual benefit and an all-win result, and sustainable development.He also hoped the countries could promote the EU to recognize China's full market economy status and lift arms embargo on China, Fu said.The three nations all see China's development as opportunities instead of threats. Considering China and the EU as two big economies and major forces in the world, they believe their enhanced cooperation will contribute to peace, prosperity and stability of the world, Fu said.They also expressed the desire to work with China to bring their ties with China as well as the EU-China relationship to new levels, Fu added.STRENGTHENED TRADE, ECONOMIC RELATIONSFu said that, during Li's visit, he saw new developments in energy exploration and scientific and technological innovation in the three nations, and signed with them cooperation deals in energy and resources, aviation, telecommunication, finance, machinery, and tourism.As China's economy and that of the EU are quite complementary, Li lauded the great potential for Europe's cutting edge in technology to combine with China's huge market.Li urged both sides to consolidate traditional cooperation, explore new cooperative areas, develop large projects and create new cooperation highlights. He also expected the two sides to boost the level of technological cooperation and jointly explore the third-party markets to bring mutual benefits and achieve a win-win result for all.Vowing to further improve the investment environment, the Chinese leader welcomed more European enterprises to invest in China. He also encouraged more Chinese investment in Europe.Li wished that the three countries could join hands with China to combat trade and investment protectionism, ease restrictions on high-tech exports to China and further facilitate Chinese businessmen's travels to Europe.According to Fu, Li also expounded on China's stances on the issues of the exchange rate of China's currency, government procurement, technology transfer, protection of intellectual property rights and rare earth export.

BEIJING, Dec. 23 (Xinhua) -- Industrial and Commercial Bank of China (ICBC), China's largest lender by market value, announced Thursday that it has completed its 44.9 billion yuan(about 6.75 billion U.S. dollar) rights issue in Shanghai and Hong Kong.The dual-listed lender said in a statement to the Shanghai Stock Exchange that it had raised 13.04 billion Hong Kong dollars (about 11.18 billion yuan) from the Hong Kong portion of its rights issue by selling 3.74 billion shares at a price of 3.49 Hong Kong dollars.The Beijing-based bank said it had sold 11.3 billion shares at 2.99 yuan in the Shanghai market, which was 99.72 percent subscribed and had raised 33.67 billion yuan in late November.The ICBC said the fund raising aimed to replenish its capital base.The bank's core capital adequacy ratio stood at 9.33 percent by the end of September this year, while its capital adequacy ratio was 11.57 percent. In the first three quarters of this year, the ICBC saw net profits up 27.1 percent year on year to 127.8 billion yuan.Shares of the bank closed flat at 4.18 yuan in Shanghai and was down 0.35 percent to 5.7 Hong Kong dollars in Hong Kong.

BEIJING, Dec. 29 (Xinhua) -- China Wednesday released its first ever white paper on the nation's anti-graft efforts, expressing its resolve to strengthen the fight against corruption.The document, titled China's Efforts to Combat Corruption and Build a Clean Government, was issued by the Information Office of the State Council, or Cabinet.Ren Jianming, director of the Anti-Corruption and Governance Research Center at Tsinghua University, said corruption is a sensitive issue, and the white paper shows "China has a more open and cooperative attitude toward the problem."The report will help eliminate bias and misunderstanding about China's anti-graft battle as it details both achievements and problems, said He Zengke, a researcher at the Central Compilation and Translation Bureau, a prominent research institute on Marxism and Chinese policies."It will help people develop a correct, objective and comprehensive understanding of China," he said.China's efforts to combat corruption and build a clean government have been managed systematically and promoted comprehensively and "achieved results," the report said.From 2003 to 2009, prosecutors at all levels investigated more than 240,000 cases of embezzlement, bribery, dereliction of duty, and rights infringement, according to the report.From January to November, the Party's discipline watchdogs investigated 119,000 graft cases, resulting in 113,000 people being punished, of whom 4,332 were prosecuted, said Wu Yuliang, secretary general of the Central Commission for Discipline Inspection of Communist Party of China (CPC), at a press conference Wednesday.From 2005 until 2009, over 69,200 cases of commercial bribery -- involving some 16.59 billion yuan in funds -- were investigated, it said.In 2009, some 7,036 officials were held responsible for serious mistakes, breach of duty, and failing to manage and supervise subordinates, the report said.The report quoted a National Bureau of Statistics survey as saying that 83.8 percent of Chinese thought corruption was reduced to some extent in 2010, which was up from 68.1 percent in 2003.The document warned that the task of curbing corruption remains arduous.China has undergone dramatic economic and social change, and the ideas and concepts of the people have altered, leading to increased social conflict, the report said."Since the relevant mechanisms and systems are still incomplete, corruption persists, some cases even involving huge sums of money," the report said. "Breaches of law and discipline tend to be more covert, intelligent and complicated."The CPC and the government understand the "long-haul, complicated and arduous" nature of the anti-graft mission, the report said."They will resolutely punish and effectively prevent corruption with more resolutions and powerful measures," the report said.The report introduces the principles, working mechanisms and legal framework for China's anti-graft system. It also sets out the progress made in combating corruption and international anti-graft cooperation.Despite the achievements made, more work has to be done to meet the people's expectation for anti-graft efforts, especially with improving the transparency of decision making, He said.Many difficulties and problems facing the anti-graft work will be solved through the reform of the systems, he said.On Tuesday the Political Bureau of the CPC Central Committee, the country's central leadership, set objectives for the country's anti-graft mission in the next phase, stressing better anti-corruption supervision on construction projects, public money being held in private account, extravagant ceremonies, and government vehicles.Prof. Yan Shuhan at the Central Party School said the Communist Party of China should stay sober-minded and persistent in its anti-graft endeavor and face the problems head on.