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MANILA, Aug. 26 (Xinhua) -- The Philippine government's high- level delegation to Beijing and the Hong Kong Special Administrative Region to brief the Chinese side the hijack crisis was postponed and would be reset soon, senior government official said Thursday.Presidential Spokesperson Edwin Lacierda, quoting the Department of Foreign Affairs as telling reporters that the Philippine government is "awaiting for the confirmation of the Chinese side on the arrangement that will ensure that the mission of the planned visit is achieved."He added that appropriate announcement will be made when the visit will take place.Earlier, Philippine authorities said the high-level delegation composed of Vice-President Jejomar Binay, Department of Foreign Affairs Secretary Alberto Romulo and Lacierda were supposed to leave for Beijing on Thursday and then proceed to Hong Kong on Friday.The officials will personally deliver President Benigno Aquino III's messages when meeting with Chinese leaders in Beijing and Hong Kong.The hostage crisis in Manila, involving a 21-member Hong Kong tour group, ended on Monday night with eight hostages killed and several others injured. The dismissed Filipino police officer, who hijacked the tour bus, was also killed during the police assault.President Bengigno Aquino has said the Monday's hostage-taking drama was "ghastly" and admitted there were "many failures". Aquino and other officials have promised a full investigation. Interior Secretary Jessie Robredo, who is in charge of the national police, has acknowledged there were problems with how the crisis was handled, including inadequacies in preparation, equipment and training.Residents in Hong Kong expressed outrage at the Philippine government's handling of the day-long bus siege. Echoing calls by the central government in Beijing, Chief Executive Donald Tsang Yam-Kuen and Financial Secretary Henry Tang Ying-yen have demanded Manila "conduct a comprehensive, thorough and impartial investigation".

SALZBURG, Austria, July 26 (Xinhua) -- Austrian President Heinz Fischer and Chancellor Werner Faymann on Monday met respectively with visiting Chinese Foreign Minister Yang Jiechi in Salzburg in the northern part of the country.Fischer recalled with pleasure his January visit to China, and asked Yang to convey his greetings to Chinese President Hu Jintao.In the 40 years since Austria and China established diplomatic ties, bilateral relations have witnessed continuous development, with frequent exchange of high-level visits, fruitful outcome in trade and other areas, as well as close consultations on international affairs, said Fischer during the meeting.He added that Austria would like to further strengthen its friendly relations with China.Yang conveyed President Hu's greetings to Fischer. He said leaders of the two countries had reached a series of important consensus on Sino-Austrian relations since President Fischer's successful visit to China.The minister also noted the two countries had maintained momentum in the exchange of high-level visits and achieved new progress in bilateral cooperation in such areas as infrastructure construction, new energy, environmental protection, aviation and tourism.While meeting with Chancellor Faymann, Yang pointed out that a good relationship between China and Austria is in the interest of both sides and also conducive to the development of China-Europe relations.China and Austria should make joint efforts to strengthen dialogue, deepen mutual trust, and enhance coordination on major international issues, said Yang.Faymann recalled his visit two months ago to Shanghai for the Austria National Pavilion Day at the World Expo, and said China's development had deeply impressed him.He hoped he would have the opportunity to pay an official visit to China to help deepen mutual understanding and promote the further development of bilateral relations.

BEIJING, July 7 (Xinhua) -- Agricultural Bank of China (ABC), the last of the country's largest four banks to go public, announced Wednesday that it has set its A-share initial public offering (IPO) price at 2.68 yuan per share, hitting the high end of its IPO price range.The pricing of the shares means the bank could raise up to 10.12 billion U.S. dollars via the Shanghai portion of the IPO, as a greenshoe option has been exercised to expand the deal by 15 percent to 25.57 billion shares, ABC said in a statement filed with the Shanghai Stock Exchange.ABC plans a dual listing in Shanghai and Hong Kong in mid-July to replenish its capital base after a lending spree last year.It has yet to set the final IPO price for its Hong Kong portion, where it plans to sell 25.41 billion shares, excluding an over-allotment option.ABC set the price range for the Hong Kong portion at 2.88 to 3.48 HK dollars in late June.

BEIJING, July 12 (Xinhua) -- Thousands of Chinese have joined a heated discussion about new rules that are designed to curb corruption and increase transparency about the assets of government officials.A regulation that took effect Sunday extends the list declarable assets for officials and introduces dismissal as the maximum penalty for failing to report assets honestly and promptly.The regulation adds six more items to the list of declarable assets issued in 2006, bringing the total to 14. The new items include incomes from sources like lecturing, painting and calligraphy; homes owned by spouses and children; and equities and investments owned by officials, their spouses and children.A FIRM STEPThe new rules have struck a public chord and almost 50,000 people had left comments on China's two biggest Internet portal websites on Monday. Thousands more were joining the discussion on other news sites and discussion forums.More than 36,500 people had made online comments on a news entry about the regulation on leading portal Sohu.com as of 1:30 p.m., and more than 11,000 comments on an entry at Sina.com.cn.Most of the published postings welcomed the new rules, but some said they should go further."The fight against corruption has a long way to go, but I am really glad to see each firm step taken by the central authorities," said a posting from Shanghai on Sina."We want to see more detailed provisions and harsher punishments in the rule," said a post by "Shihuiwen 197" on Sohu.The regulation was issued by the General Office of China's State Council and the General Office of the Communist Party of China (CPC) Central Committee.It requires officials at deputy county chief level and above to annually report their assets, marital status and whereabouts and employment of family members.It also empowers local provincial level CPC committees and governments to expand the regulations to officials below deputy county chief level.A CPC statement said Monday that most village or town chief level officials are prone to power-for-money transactions and corrupt actions as they are dealing with practical issues involving personnel, finance and materials.But as there are a large number of them, requiring all of them to report personal information will require much work and high costs, said the statement jointly issued by the CPC Central Commission for Discipline Inspection (CCDI) and the CPC Central Committee's Organization Department.So the central authority left the decision to local governments to decide based upon their own conditions, it said.New requirements for officials to report homes and investments reflected the need to change disciplinary structures in line with changing social and economic values, said Professor Liu Chun, deputy dean of the Graduate Institute of the Party School of the CPC Central Committee.

LUSAKA, July 26 (Xinhua) -- Zambian President Rupiah Banda on Monday met with visiting Chinese State Councilor Dai Bingguo, discussing ways to strengthen Zambia-China cooperative relations and further develop friendship between the two countries.President Banda said that Zambia has achieved obvious economic and social progress in recent years and the country has developed into a new page. He contributed this partly to the concrete cooperation with China.It's believed that Zambia will experience new change with further development of bilateral friendship and cooperation, Banda said, expressing hope to keep on high-level exchanges of visits between governments and parties of the two sides, as well as cooperation in all fields such as economy, trade, infrastructure, education and health care, with the aim to push forward Zambia- China relations to a new step.Zambian President Rupiah Banda meets with visiting Chinese State Councilor Dai Bingguo in Lusaka, Zambia, July 26, 2010.The President noted that it is grateful to see active investment from China to Zambia, which did help the country overcome the difficulties encountered in the global financial crisis. Chinese investors are always welcomed to start business in Zambia as an engine to boost local economy.Dai, for his part, hailed the traditional friendship between the two countries and reviewed the Zambian President's successful visit to China in February this year when he and Chinese President Hu Jintao reached common views in future development of bilateral relations.China will together with Zambia work hard to realize the common views and well push forward the bilateral relations, the Chinese senior official said.The China-Zambia cooperation, which has achieved fruitful developments, is strategic and mutual-beneficial cooperation. The relations between the two sides is on the basis of mutual respect, equal ties and joint development, Dai said.