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BEIJING, June 30 (Xinhua) -- Taiwan authority opened up the island to Chinese mainland investment Tuesday with 100 categories of manufacturing, service and infrastructure sectors in the initial opening-up list. The move marks a historic breakthrough of decades-long hopes for two-way investments across the Taiwan Straits. Under two new regulations in effect Tuesday, mainland individuals, companies and institutions can set up branch offices, wholly-owned or joint-venture companies on the island. They have to get approval from Taiwan economic affairs authority in advance, according to the regulations. Investment from firms based outside the Chinese mainland, in which mainland ownership is more than 30 percent, will also be regarded as mainland investment in Taiwan, the regulations said. In the initial phase, the Taiwan authority allows mainland investment in 64 categories in manufacturing sector, 25 categories in service sector, and 11 categories in infrastructure sector on the island. Mainland investment would "help Taiwan's economy prosper" and make international investors more confident in Taiwan market, said John Chen-Chung Deng, deputy head of Taiwan's economic affairs authority, at Tuesday's press conference. The investment would help increase industry capital in Taiwan and make its financial market more vigorous, he said. Through two-way cross-Straits investments, the two sides could jointly explore mainland and international markets, he told the press conference. The formalization of cross-Straits investment is a long-term objective, he said. The opening-up will advance in a "gradual" way and "will be expanded as long as the initial investment bears fruits." The Taiwan authority planned to send a team to the mainland to attract investment in the second half of this year, he said. Taiwan welcomes mainland companies to conduct investigations for investment on the island. For the convenience of mainland investors in Taiwan, the relevant authority in Taiwan has also set down regulations on issues including medical service, education, financial need and house purchasing for both the investors and their family, according to the official. BREAKTHROUGH IN TWO-WAY INVESTMENT Experts said the move marks the end of the one-way flow of capital from Taiwan to the mainland, and is a basic indicator of the normalization of economic and trade ties between the two sides. Zhang Yansheng, director of the Institute of Foreign Trade under the National Development and Reform Commission (NDRC), said the influx of mainland capital would greatly boost Taiwan's gross production value, tax income and employment. The investment would not only benefit Taiwan companies harshly hit by the international financial turmoil, but also enhance competitiveness of mainland companies, he said. Liu Xiaohong, deputy general manager of Quanjude (Group) Co. Ltd., a Beijing-based company that specializes in the famous Peking roast duck, said the newly announced regulations have cleared major obstacles and will accelerate the company's pace to open outlets in Taiwan. Direct transport, postal service and trade was totally cut off between the two sides since the Chinese civil war ended in 1949. On Jan. 1, 1979, the Standing Committee of the National People's Congress, or the top legislature, called for an early realization of the three direct cross-Straits links on transport, mail and trade in its "Message to Compatriots in Taiwan". After 1979, the mainland allowed Taiwan products to enter at lower tax rates or tax-exemption. In July 1988, the State Council, or the Cabinet, issued regulations encouraging Taiwan compatriots to invest on the mainland. The mainland has been the largest trade partner of Taiwan since 2003, with annual trading volume surpassing 100 billion U.S. dollars. Tuesday's announcement came about two months after the mainland and Taiwan reached a historic consensus on allowing mainland companies to invest in Taiwan during talks between the two sides top negotiators on cross-Straits relations.
UNITED NATIONS, May 15 (Xinhua) -- China voiced its willingness to further strengthen cooperation with the United Nations on Friday and support the world body to play a bigger role in addressing the global issues. Chinese Vice Foreign Minister He Yafei made the statement while meeting with UN Secretary-General Ban Ki-moon at the United Nations Headquarters in New York. UN Secretary-General Ban Ki- moon (R) shakes hands with Chinese Vice Foreign Minister He Yafei during their meeting at the UN headquarters in New York, the U.S., May 15, 2009. He also spoke highly of the efforts by the secretary-general to promote all the works of the United Nations. China backs the efforts to promote the reform of the UN Security Council in order to further improve the UN's ability to deal with all kinds of global threats and challenges in order to enable the United Nations to carry out its obligations under the UN Charter more effectively, He said. Comprehensive and patient consultations should be made on the reform of the United Nations, and an extensive consensus on the issue should be reached on the basis of taking the interests and concerns of all parties concerned into consideration, he said. Against a backdrop of the international financial crisis, the United Nations should increase its attention to and investment into the field of development and try its best to mitigate the negative impact of such a crisis on the development countries, He said. Meanwhile, Ban said that he appreciates China's important role in maintaining the peace and promoting common development in the world. The world today is facing all kinds of complicated and grave challenges, such as the financial crisis and the climate change, these challenges should be jointly tackled by all countries, Ban said. The United Nations hopes to see China's bigger role in the world in the future, the secretary-general said.
BEIJING, June 6 (Xinhua) -- Most parts of China would experience cold weather and precipitation during the next week, forecast of the country's central observatory said Saturday. Northeastern parts of China were to embrace lower weather and scattered precipitation during the period, which would help ease the drought plagued the region, said the National Meteorological Center. Moderate or heavy rains would sweep most parts of south China. Some regions south to the Yangtze River and Guangxi Zhuang Autonomous Region would experience rain storm or strong convective weather.People walk on the street in Hefei, east China's Anhui Province, June 5, 2009. A heavy rain cooled the hot weather in Hefei on Friday eveningOn Sunday, most parts of Sichuan Province, western and northern Chongqing, southwestern Yunnan and Guangdong provinces would be hit by heavy rain or rainstorm. Strong convective weather was to hit these regions, resulting in strong wind, thunder storm or hails. According to statistics of the Ministry of Civil Affairs Friday, storms sweeping five provinces in central and east China killed 27people and damaged more than 341,000 hectares of crops.
BEIJING, May 31 (Xinhua) -- Chinese President Hu Jintao visited two primary schools in Beijing Sunday, joining children in language classes, games and kite painting, and wishing them a healthy and bright future. Hu made the visits on the eve of the annual International Children's Day, which falls on Monday and will be celebrated by about 250 million children under the age of 14 across the country. Hu first went to Jushan Primary School, where 90 percent of some 700 students are children of migrant workers from outside the Chinese capital. Chinese President Hu Jintao (C) stays with Chinese and foreign children at Fangcaodi International School in the Chaoyang District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's DayThe boarding school is seen as a model of equal and quality teaching for migrant children. Hu joined first grade children, who were learning Chinese idioms such as "When you drink water, think of its source." Satisfied with their understanding, Hu told them to learn to be grateful for what they enjoyed and to study hard. During a handcraft session, the president was shown works made from recycled materials and paper. He happily joined several students in finishing a mosaic map of China, using pieces of egg shell. "This is a good idea to use recycled materials to make handcrafts. I hope you become more aware of saving natural resources and environmental protection," Hu told the excited kids. Chinese President Hu Jintao (3rd R) is present at a class at Fangcaodi International School in the Chaoyang District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's DayOn the school's playground, the president's skill at kicking shuttlecock, a popular game among Chinese, won him applause. He stressed children of rural migrant workers in cities should enjoy same rights to standard education so they can grow up equally healthy and happy as the children of urban residents. During a visit to the Fangcaodi Primary School, an international school, Hu's attention was attracted by a group of first grade foreign students who were speaking fluent Chinese. The smiling president listened them saying their names, ages and their home countries. He also acted as a teacher, discussing the differences between lemons and oranges. Chinese President Hu Jintao (C) visits Chinese and foreign children at Fangcaodi International School in the Chaoyang District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's Day.Hu joined the children painting kites and doing makeup of traditional Peking opera. He also taught kids to make dumplings, atypical Chinese food. Established in 1956, the school has more than 4,000 foreign students from more than 150 countries and regions. Many are children of foreign diplomats, experts and business people living in Beijing. Before leaving, Hu told Chinese and foreign students to help each other and to make progress together for a better world. Other senior Chinese officials also took part in activities on Sunday to celebrate Children's Day. Chinese President Hu Jintao (C) watches a performance by pupils at Jushan Primary School in the Haidian District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's Day. Li Changchun, a member of the Standing Committee of the Communist Party of China Central Committee Political Bureau, attended an evening gala in Beijing that featured songs, dance, martial arts and acrobatic performances by young artists. Chen Zhili, vice-chairwoman of the National People's Congress Standing Committee, China's top legislature, was invited to a national singing performance in Beijing. Almost 1 million children will join activities in the next four months to sing patriotic songs that will be recorded and broadcast by China National Radio. In a separate gathering in Beijing, Chen praised a charity program to aid girls who had dropped out of school because of poverty. Chinese President Hu Jintao (3rd R Back) poses for a photo with pupils at Jushan Primary School in the Haidian District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's Day.In 1989, the Children's Foundation of China, the All-China Women's Federation, the Ministry of Agriculture and the State Nationalities Affairs Commission, jointly launched the "Spring Bud Program" to pool donations from across the country to help millions of young girls who are forced to drop out of school. The program has helped an estimated 1.7 million girls, mainly of primary and junior middle school levels, return to school in the past two decades. Chen, who also chairs the All-China Women's Federation, told the meeting that the program plans to help poor female students to finish high school, as well as to provide technical training.Li Changchun (C), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee meets with children after attending an evening gala in Beijing that featured songs, dance, martial arts and acrobatic performances by young artists in Beijing, China, May 31, 2009.
BEIJING, May 3 (Xinhua) -- China developed a new diagnostic reagent to test for A/H1N1 flu virus in pigs and the new method could provide test results in five hours, the Ministry of Agriculture said Sunday. The ministry has organized experts soon after the outbreak of A/H1N1 to develop new diagnostic reagents to test for A/H1N1 virus. The method could also provide references for the virus in humans, the ministry said. The ministry has urged local branches to strengthen efforts on the storage and management of emergency materials for the influenza A/H1N1 prevention and control.