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BEIJING, March 24 (Xinhua)-- China's Ministry of Finance (MOF) announced Wednesday it would issue a batch of ten-year book-entry treasury bonds with a total par value of 26 billion yuan (3.8 billion U.S. dollars) starting on Thursday.The batch is the 7th of its kind the MOF has issued this year. The issue of this batch of T-bonds ends on March 29, according to a statement on the MOF's official website.The bonds would be traded on the interbank bond market and securities bond market from March 31.The bonds have a fixed annual interest rate of 3.36 percent, with the interests to be paid every half year, on March 25 and Sept. 25, respectively, according to the statement.The last interest payments and principals would be paid back together on March 25, 2020, statement said. Book-entry bonds are the bonds recorded in the investors' securities accounts called book entries. They can be traded on the open market, and their market prices can deviate from par value.
BEIJING, Jan. 31 (Xinhua) -- A senior official of the Communist Party of China (CPC) Sunday called on organizers of the Shanghai World Expo to provide convenient services to all Chinese and foreign reporters with a more open stance, in order to let the world know better about China and the international event."The 2010 Expo is also a grant gathering of world media," said Liu Yunshan, head of the Publicity Department of the CPC Central Committee."Organizers should do well the media service job with a more open stance, welcome reporters with open arms, make considerate arrangements, provide various news resources in a timely manner and offer convenient and professional services to Chinese and foreign reporters covering the event," Liu said when inspecting the Expo's publicity work in Shanghai.Liu Yunshan (2nd R, front), head of the Publicity Department of the Communist Party of China (CPC) Central Committee, inspects the Shanghai World Expo Park in east China's Shanghai Municipality, Jan. 30, 2010. Liu Yunshan inspected the Shanghai World Expo News Center, International Broadcast Center and the Expo Park in Shanghai on SaturdayThe 2010 World Expo will be held from May 1 to Oct. 31 this year, and is expected to attract a record 70 million visitors as well as 30,000 reporters from home and abroad.So far, close to 9,000 reporters have applied to cover the event, according to Yang Zhenwu, publicity chief of the CPC Shanghai municipal committee."The Shanghai Expo is another international event held by China after the Beijing Olympics in 2008," Liu said, adding that media and publicity work is of crucial importance to the success of the Expo.New media such as the Internet and mobile phones should also be employed in the publicity work of the event, he noted.Liu also stressed that news media should provide all-round information about the Shanghai World Expo to the public.|Liu Yunshan (1st R), head of the Publicity Department of the Communist Party of China (CPC) Central Committee, inspects the Shanghai World Expo Park in east China's Shanghai Municipality, Jan. 30, 2010. Liu Yunshan inspected the Shanghai World Expo News Center, International Broadcast Center and the Expo Park in Shanghai on Saturday

SHANGHAI, Jan. 15 (Xinhua) -- Chinese President Hu Jintao Friday called on the Chinese people to pool their strength and resources to make sure the Shanghai World Expo a success. With just 106 days to go before the Expo opening on May 1, Hu visited the Expo site Friday during an inspection tour in Shanghai. "Hosting the World Expo is not only a significant event of Shanghai, but also of the whole nation," he said, noting it was both the responsibility of Shanghai and the whole country to hold a successful Expo. Hu Jintao (L front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, shakes hands with workers and personnel who work for the construction of the Shanghai World Expo park in Shanghai, east China, Jan. 15, 2010. Hu Jintao paid a visit here to inspect the preparation of Shanghai World Expo on Jan. 15 He urged Shanghai to make "all-out efforts" to efficiently complete the preparations and be a good host. He asked central government departments and local governments to take initiative and make concerted efforts in supporting the event. Hu Jintao (C), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, inspects the under-construction World Expo park in Shanghai, east China, Jan. 15, 2010. The Expo's organizing committee should enhance its leading role and supervision to push forward relevant preparatory work orderly, he said. Hu put forward six requirements on the Expo's preparatory work: - To ensure the Expo site's infrastructure building and exhibition arrangements be completed on time; - To ensure sound service and logistics; - Security should be fully guaranteed; - Foreign affairs work, including receptions of international guests, must be well handled; - To ensure efficient and effective publicity work; - To create a civilized, happy and peaceful atmosphere. Hu said though the Expo was a big challenge, he believed it would be a "successful, brilliant and memorable" event with the support of the Chinese people, especially the contributions of Shanghai officials and residents. The Shanghai World Expo, which is expected to receive 70 million visitors, will last from May 1 to Oct. 31. So far, 35 of the 42 self-built foreign pavilions have started interior decoration and exhibition arrangement, and 11 joint pavilions have been completed.
BEIJING, Feb. 24 (Xinhua) -- Chinese military and international relations experts on Wednesday said that a recent Pentagon report playing down Taiwan's aerial combat capability was a front for more advanced arms sales to the island, which would seriously violate a Sino-U.S. agreement that Washington endorsed 28 years ago. "Any further arms sales, especially if the U.S. sells F-16 fighters to Taiwan, would increase already strained tensions with China," Prof. Tan Kaijia with the National Defense University of the People's Liberation Army told Xinhua. The report delivered by the Defense Intelligence Agency of the U.S. Department of Defense to the Congress has stressed that many of Taiwan's 400 active combat aircraft were not operationally capable due their age and maintenance problems. It also specified that Taiwan's 60 U.S.-made F-5 fighters have reached the end of their operating life and some of the island's F-16 A/B jet fighters needed improvement to increase combat effectiveness. The Pentagon's report came as Taiwan continued to voice its need for advanced U.S. weaponry such as 66 F-16 C/Ds, a substantial improvement model on Taiwan's current F-16 A/Bs. But the U.S. side excluded the fighters from the latest arms sale package. According to media reports, Taiwan currently operates 60 U.S.-made F-5 fighters, 148 F-16 A/Bs, 56 French-made Mirage 2000-5 fighter jets and 126 locally produced Indigenous Defense Fighter (IDF) aircraft. "If the U.S. equips Taiwan with new F-16s, replacing the second-generation F-5s, it would significantly increase the island's aerial combat effectiveness for F-16's compatibility to other U.S.-made weapon systems such as airborne early warning and control aircraft through Link-16 Multifunctional Information Distribution System," said Prof. Tan. According to the Communique jointly issued by the Chinese and U.S. governments on Aug. 17, 1982, the U.S. side states that "its arms sales to Taiwan will not exceed, either in qualitative or in quantitative terms, the level of those supplied in recent years since the establishment of diplomatic relations between the U.S. and China." "Comprehensive performance of the F-16s is far beyond that of the F-5s and the qualitative parameters of the F-16 C/Ds also exceed those of the F-16 A/Bs," said Tan. Selling such arms would "be an overt offense" against the Aug. 17 Communique, and promoting such a move by an elaborate report would not give any justification for the U.S. since the F-16 C/Ds would not be considered as a defensive weapon in any case, he said. Guo Zhenyuan, a researcher with the prominent thinktank China Institute of International Studies, told Xinhua that previous U.S. arms sales to Taiwan were covered by the front of "providing Taiwan with arms of a defensive character" to ease the backlash to the bilateral relationship from the Chinese side. "The U.S. side should know that the sooner it stops selling arms to Taiwan, the more willing China would be to work with it on global and regional issues," Prof. Jin Canrong with Renmin University of China said. Enditem Xinhua writer Li Hanfang contributed to the story.
BEIJING, Jan. 27 (Xinhua) -- Both output and sales values of China's machinery industry exceeded 10 trillion yuan (1.46 trillion U.S. dollars) last year, the China Machinery Industry Federation (CMIF) said here Wednesday.Output value reached 10.75 trillion yuan in 2009, up 16.07 percent from the year earlier. Sales value was 10.48 trillion yuan, up 16.11 percent,said Wang Ruixiang, the CMIF director.From January to November last year, the sector's profits reached 581.6 billion yuan, up 22.8 percent year on year.The auto sector was the "engine" that drove the overall growth of the industry last year, said Wang, adding nearly 30 percent of output value of the machinery industry was generated by automakers.Wang predicted the machinery sector would reach a 15 percent growth in output and sales values this year, with profits likely to grow 10 percent.
来源:资阳报