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YINCHUAN, March 23 (Xinhua) -- Chinese President Hu Jintao has called for more efforts to promote social, economic development in the underdeveloped western areas of the country.Hu made the call during his three-day visit to northwestern Ningxia Hui Autonomous Region from Sunday to Tuesday.This year marks the tenth anniversary of China's campaign to develop the west.Hu said the past decade witnessed a good beginning of and laid a solid foundation for the "West Development" drive and the next decade would be a crucial period for pushing forward the campaign. Chinese President Hu Jintao (R) visits Shizuishan City, Ningxia Hui Autonomous Region. Hu Jintao called for more efforts to promote social, economic development in the underdeveloped western areas of the country during his three-day visit to northwestern Ningxia Hui Autonomous Region from March 21 to 23To develop the west would remain one of the priorities in the 12th five-year plan starting 2011, during which the central government would provide more favorable policies and greater funds to western areas, Hu said.He called for transforming the economic growth pattern, and improving people's livelihood, as he visited local factories, farms, renovated shanty-towns and new villages housing farmers that had migrated to from virtually uninhabitable areas.In his visit to a successful company which manufactures rare metal products, Hu said the central government attached strategic importance to developing the new material industry. He called on companies to innovate technology, produce new products and implement new management practices.
BEIJING, March 12 (Xinhua) -- The gang-related trials in southwest China's Chongqing were carried out in an open, just and transparent way, Qian Feng, president of the Higher People's Court of Chongqing, said here Friday.Qian made the remarks when attending a panel meeting of the annual session of the National People's Congress (NPC), China's top legislature, in Beijing."The crackdown on gangs was just one of the judicial work highlights in Chongqing last year," Qian said while attending the meeting. "The number of gang-related cases and those involved was relatively low in Chongqing compared with the country's figures.""We heard those cases strictly according to the criminal law ," Qian said.He said more than 200 deputies to legislatures at different levels and hundreds of journalists heard the court proceedings of those cases, particularly the case of Wen Qiang, a former judicial chief of the municipality.Chongqing started a sweeping crackdown against organized crimes in the city in June last year, in which more than 3,300 suspects were arrested.A total of 87 officials were prosecuted after the massive crackdown for being related with gangs, including 12 high-ranking officials.
BEIJING, March 18 (Xinhua) -- China's top political advisor Jia Qinglin Thursday called for joint efforts to push forward the development of relations between the Chinese mainland and Taiwan.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks when he met with a Taiwan delegation led by Yao Eng-chi.The world economy was gradually breaking away from the serious negative impact of the global financial crisis, and economic cooperation across the Taiwan Strait was embarking on a new stage, he said.Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with a Taiwan delegation headed by Yao Eng-chi(L) in Beijing, March 18, 2010. "We should seize the opportunity to enhance economic and financial exchanges, and negotiate and sign the cross-Strait Economic Cooperation Framework Agreement (ECFA) based on mutual benefit," he said.Yao, whose delegation consists of former Taiwan local legislators, said the mainstream public opinion in Taiwan hoped for peaceful development of cross-Strait ties, and cooperation across the Strait needed to win more understanding and support from the public in the island.
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, March 15 (Xinhua) -- Chinese Vice Premier Li Keqiang Monday urged the United States to respect China's core interests and major concerns.Li told visiting former U.S. secretary of state Henry Kissinger that he hoped the United States would safeguard the stable growth of China-U.S. ties."The severe disturbance that recently occurred in bilateral relations is not in accordance with the interests of both countries," Li said, refering to Washington's announcement of weapon sales to Taiwan, President Barack Obama's meeting with the ** Lama, and trade disputes between the two countries.A sound China-U.S. relationship was in the fundamental interests of both nations and peoples, and was also conducive to peace, stability and development of the Asia-Pacific region and the world at large, Li said. Chinese Vice Premier Li Keqiang (R) meets with former U.S. Secretary of State Henry Kissinger in Beijing, capital of China, March 15, 2010.He hoped that the United States would work with China to treat bilateral ties from a strategic height and long-term perspective, and to promote ties towards active, comprehensive and cooperative orientation.Li praised the contribution made by the 86-year-old former U.S. diplomat to advancing the China-U.S. cooperation, hoping he would continue his efforts for the growth of bilateral relations.Kissinger said China's major concerns should gain respect.During a speech earlier Monday, Kissinger expressed his optimism for the development of China-U.S. ties despite difficulties.Past frictions between the two countries had always been properly handled, Kissinger said.Also on Monday, Chinese State Councilor Dai Bingguo met with Kissinger.Kissinger served as the top U.S. diplomat during the presidencies of Richard Nixon and Gerald Ford in 1970s. He paid the visit to China at the invitation of the Chinese People's Institute of Foreign Affairs.