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BEIJING, March 31 (Xinhua) -- China's State Council, the cabinet, has said innovation in science and technology will improve the nation's competitiveness in the world stage.Scientific and technological innovation could solve major scientific and technical issues that concerned the country's overall situation and long-term development, said a statement released after a regular meeting of the State Council Wednesday.During the meeting, an official from the Chinese Academy of Sciences (CAS) delivered a report on the implementation of the "Knowledge Innovation Program" (KIP), which aims to make the academy a world-leading base for scientific research.The program was initiated in 1998 and scheduled to finish in 2010.The government would extend the KIP from 2011 to 2020, the meeting was told.The State Council called for deeper reform of research institutes and improved rewards and restrictions to encourage competition among scientists and researchers and to foster talent.The government planned to develop education programs that were closely related to the innovation drive and strengthen international cooperation, said the statement.Premier Wen Jiabao presided over the meeting.

BEIJING, April 19 (Xinhua) -- Senior Communist Party of China leader Jia Qinglin Monday met a visiting Taiwan delegation, who had attended a ceremony last week in honor of Huangdi, the Yellow Emperor, on the Chinese mainland.Huangdi, a legendary hero who lived 4,000 years ago, is considered to be the common ancestor of all Chinese people.The ceremony was held on April 16, the third day of the third month on the Chinese lunar calendar, which is considered the birthday of Huangdi, at mausoleums in Xinzheng, central Henan Province, Huangdi's birth place.Jia, a Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, told the delegation that people on both sides of the Taiwan Strait were all Chinese and attending the ceremony showed they still loved the nation.Unification was always the trend of history, which could not be reversed by any force, said Jia, also chairman of the National Committee of the Chinese People's Political Consultative Conference, or the top political advisory body.He said people's concerted efforts on both sides had brought the situation across the Strait out of crisis, and achieved major breakthroughs in cross-Strait relations on the common ground that opposes "Taiwan independence" and adheres to the "1992 Consensus."Jia especially praised efforts of teachers and students of the Huangpu (Whampoa) Military Academy in fighting imperialist, warlords and Japanese invaders before the founding of New China, saying the school, which was established in 1924 and famous for its officer graduates, "greatly contributed to national unification and independence."He said the school's spirit should be continued to strengthen national identity across the Strait, promote exchanges, deepen political mutual trust and curb "Taiwan independence."

BEIJING, April 5  --The People's Bank of China says the country will be more open to foreign capital this year even though the prospect of a strong economic recovery is still unclear.Although the impending withdrawals of various countries' economic stimulus packages may also complicate the efforts to end the global economic crisis, the Chinese government has decided to increase the penetration of foreign capital into the country's financial industry in an appropriate way.An editorial in the "Global Times" quotes some western officials who said if China opened its market to western financial institutions the way it opened its market to five-star hotels, the potential risks would be huge for the country itself and the world at large.The editorial warns the doors to free trade should not swing open too quickly and that market openness should be managed at the right pace, as China has done during the past three decades. But it also notes that the stakes are higher in the country's financial industry. It argues that if China is fully open to foreign capital, the capital operation pattern common in developed economies such as the United States and several European nations will not suit its existing financial system on such short notice. As a result, chaos would erupt sooner or later in the financial sector.The editorial concludes that China should gradually liberalize its financial industry, because a sudden torrent of foreign capital would be undesirable. It calls for a prudent approach to financial liberalization that would yield a productive outcome as evidenced over the past three decades of gradual financial reform whereby more market competition has been encouraged and distressed loans have been effectively curbed. Such a policy has shielded China from being hit as severely by the current financial crisis and enabled it to rebound quicker than other advanced nations.

BEIJING, May 18 (Xinhua) -- China hopes that the deal Iran struck with Brazil and Turkey will help advance the process of resolving the Iran nuclear issue through dialogue and negotiations, Chinese Foreign Minister Yang Jiechi said Tuesday.Yang made the comments in telepone conversations with his Turkish and Brazilian counterparts, Ahmet Davutoglu and Celso Amorim.Yang said that China has always sticked to the "dual-track" strategy in seeking a solution to the Iran nuclear issue and China appreciates the mediation efforts made by Turkey and Brazil.China attaches importance to and welcomes the agreement the two countries signed with Iran on supplying nuclear fuel for the research reactor in Tehran, he added.Davutoglu and Amorim briefed Yang on the efforts Turkey and Brazil have made concerning the Iran nuclear issue.They stressed that the deal the two countries reached with Iran is an important and positive step, which offers a new chance for the international community to peacefully solve the Iran nuclear issue through diplomatic means.Iran signed an accord with Turkey and Brazil in Tehran on Monday under which it will ship most of its low enriched uranium to Turkey in exchange for the 20-percent uranium fuel needed for its Tehran reactor.