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BEIJING, Feb. 19 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday called for innovation and more breakthroughs in key technologies in the country's machinery industry so as to make it globally competitive. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks when attending an award ceremony for role models of the machinery industry. Jia, also member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, urged efforts to strengthen the sector's innovative capacity and to make progress in key technologies to accelerate and optimize its structural upgrading. Jia Qinglin (R, front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with the delegates and representatives of the model workers and the advanced collectives of the national machinery industry, at the Great Hall of the People in Beijing, China, Feb. 19, 2009 He also called for more investment and support for the sector.
BEIJING, April 12 (Xinhua) -- The Chinese government's proposals for strengthening cooperation with the Association of Southeast Asian Nations (ASEAN) show that China remains fully confident about the prospects of China-ASEAN cooperation. During a meeting in Beijing with envoys of the 10 ASEAN countries, Chinese Foreign Minister Yang Jiechi briefed them about the Chinese government's proposals for enhancing China-ASEAN cooperation in an all-round way. Yang has just returned home from Thailand late Saturday where scheduled ASEAN meetings were postponed due to domestic unrest in that country. Chinese Foreign Minister Yang Jiechi (C) meets with envoys of 10 members of the Association of Southeast Asian Nations (ASEAN), in Beijing, capital of China, on April 12, 2009.China's proposals for strengthening its cooperation with ASEAN include the signing of an investment agreement. The agreement, which was scheduled to be signed during the scheduled meetings, would be conducive to the establishment of the China-ASEAN free trade area. This demonstrates that that the series of relevant measures China has already decided to adopt will remain unchanged and that China has full confidence in the future of China-ASEAN friendly cooperation, despite the postponement of ASEAN meetings. Strengthening and deepening cooperation is the common wish of the two sides, and is also an important avenue for fighting protectionism and enhancing their ability to resist risks in the current economic circumstances. As close neighbors, China and ASEAN countries have enjoyed increased cooperation in various areas. In the face of the global financial crisis, it has become the consensus of both sides that they should work together to ride out the present difficulties. Expanded cooperation between China and ASEAN will help augment their ability to tackle the crisis. Making joint efforts to push for the signing of an investment agreement displays the determination of both sides to promote trade and investment liberalization, fight protectionism and achieve a win-win result. Furthermore, the China-ASEAN free trade area, to be completed in 2010, will play an important and profound role in further strengthening China-ASEAN relations and boosting cooperation in the whole of East Asia. China and ASEAN countries are close and friendly neighbors. The key to continued development of bilateral relations lies in mutual trust, confidence and unremitting efforts. Only with that can the two sides enjoy solid cooperation and join hands in achieving sustainable development.
SYDNEY, March 22 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), praised the role of New South Wales, the most developed state in Australia, in pushing forward the development of Sino-Australian relationship here on Sunday. While meeting Australian acting Governor-General and New South Wales State governor Marie Bashir, Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, said he was pleased to see the expansion of mutual benefits and cooperation in all fields between China and NSW following the all-round development of bilateral ties between both countries. Marie Bashir (L), Australian acting governor-general and New South Wales State governor, meets with Li Changchun, a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, in Sydney, Australia, March 22, 2009. "NSW is characterized with rich resources, developed economy, advanced science and technology and multi-culture, and is the state in the country in which Chinese companies have invested most," said Li, who is in Australia on a five-day visit. He also said that the friendly exchange, mutual benefits and cooperation are the important basis and driving force of the all-around development of the two countries and he hoped to see the further development of bilateral economic and trade cooperation, cultural exchange and people-to-people friendship which help to push forward the friendly relations of the two countries. Bashir told Li that she has visited China many times since 1974and witnessed the profound changes in China over the past 30 years. She said she always believed that the friendly cooperation in all sectors is the major factor in enhancing the peaceful development in the Asia-Pacific region. Marie Bashir (L), Australian acting governor-general and New South Wales State governor, meets with Li Changchun, a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, in Sydney, Australia, March 22, 2009.On the same day, Li also visited the Australian office of China's Huawei Technologies Co. Ltd in Sydney and encouraged the Chinese companies like Huawei which are marching towards the global market to overcome the difficulties caused by the global financial crisis, strengthen cooperation with foreign countries, expand market sales and make faster development. Li arrived in Australia on Friday. Australia is the first-leg of Li's four-nation tour which will also take him to Myanmar, the Republic of Korea and Japan.
BEIJING, April 17 (Xinhua) -- Chinese President Hu Jintao stressed Friday the importance to improve the work of military officers to better serve the decision-making of the Communist Party of China (CPC) Central Committee and the Central Military Commission (CMC). He made the remarks here during a meeting with military officers. Chinese President Hu Jintao (C, front) poses for a group photo with military officers in Beijing, China, April 17, 2009. Hu stressed Friday the importance to improve the work of military officers to better serve the decision-making of the Communist Party of China (CPC) Central Committee and the Central Military Commission (CMC). "Under the guidance of the Deng Xiaoping Theory and the 'Three Represents,' we should focus on the overall situation of the country's security and development strategy ... and improve the work of military officers to a higher level," said Hu, who is also chairman of the CMC. Hu said that since the founding of New China, especially the reform and opening up, military officers have resolutely followed the decisions and instructions of the CPC Central Committee and the CMC, and have been devoted to their duties, worked hard and made important contributions to safeguarding the national sovereignty, security and development, as well as to the national defense and military modernization. "The world is experiencing profound, complex changes, and the impact of the global financial crisis is still spreading," Hu said," Under such circumstances, military officers are facing a more arduous task and shoulder more important responsibilities." Hu urged the building of a contingent of military officers who are self-disciplined, loyal to the party, well versed both in civil and military affairs. Guo Boxiong and Xu Caihou, both vice chairmen of the Central Military Commission, attended the meeting.
BEIJING, March 31 (Xinhua) -- China has announced the launch of a long-awaited growth enterprise board on May 1 as a new direct financing platform for innovative companies. Companies that seek listing at the new Nasdaq-like second board should have net assets of at least 20 million yuan and be open for business for more than three years, the country's securities regulator said in a set of guidelines that was made public in the small hours Tuesday and take effect on May 1. The Shanghai Composite Index gained 15.17 points, or 0.64 percent to 2,373.21 on Nasdaq-style second board launch in China, Mar.31,2009 The China Securities Regulatory Commission also requires the issuer stay in the black for the recent two consecutive years with combined profits of at least 10 million yuan, or report profits of at least 5 million yuan for the most recent year on revenues of at least 50 million yuan, with annual revenue growth of at least 30 percent in the recent two years. A CSRC spokesman called the move "an important measure to improve the structure of China's capital market and expand the market's depth and width." The proposal of establishing a second board was first put forth more than a decade ago. In 2004, a mini second board for small and medium-size enterprises was set up at the Shenzhen Stock Exchange to test the waters.. Small and medium-size enterprises have long been a pillar in China's economy, which has grown to the world's third largest