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BEIJING, Nov. 19 (Xinhua) -- Chinese shares staged a broad-based rebound on Wednesday, making up the previous day's losses after an overnight rally on Wall Street.     The benchmark Shanghai Composite Index finished at 2,017 points, a gain of 6.05 percent. The Shenzhen Component Index rose 6.14 percent to 6,679 points.     Combined turnover shrank to 120.81 billion yuan (17.26 billion U.S. dollars) from the previous day's 145 billion yuan.     Gains outnumbered losses by 865 to eight in Shanghai and 743 to two in Shenzhen. Almost all sectors rose, with more than 200 stocks up by the daily limit of 10 percent. An investor looks at the electronic board in a stock exchange in Shanghai, east China, Nov. 19, 2008. The benchmark Shanghai Composite Index finished at 2,017 points, a gain of 6.05 percent    The Shanghai index fell more than 6 percent on Tuesday over fears of a spreading global slowdown, exacerbated by profit-taking.     Shares rebounded sharply in the afternoon on Wednesday as investors bought up energy and bank stocks, which had fallen heavily on Tuesday.     Oil, telecom and banking sectors led the rise. Sinopec rose by 10 percent to 8.37 yuan. PetroChina was up 7.49 percent, closing at 11.91 yuan. China Citic Bank gained 6.51 percent to 4.42 yuan.     Telecom shares surged on reports of an imminent approval of 3G licenses. China United Telecommunications rose 10 percent to 6.03 yuan.     A Guangfa Securities note said the rebound showed investor confidence had risen after Tuesday's decline. The sharp rises of energy and banking stocks showed institutional investors were optimistic over market prospects. 

Chinese Vice President Xi Jinping (R) meets with Tariq Majid, chairman of the Joint Chiefs of Staff Committee of Pakistan, at the Great Hall of the People in Beijing, China, on Dec. 16, 2008.     BEIJING, Dec. 16 (Xinhua) -- China would work with Pakistan to push forward the bilateral strategic and cooperative partnership, said Vice President Xi Jinping here on Tuesday.     Xi made the remarks in a meeting with Tariq Majid, Chairman of the Joint Chiefs of Staff Committee of Pakistan.     Hailed the relations between China and Pakistan, Xi said the two nations enjoyed profound friendship, which had stood the test of international changes.     China and Pakistan set up diplomatic ties 57 years ago. Xi said the two countries witnessed increasing mutual trust in politics and expanded cooperation in various areas. Chinese Vice President Xi Jinping (R) meets with Tariq Majid, chairman of the Joint Chiefs of Staff Committee of Pakistan, at the Great Hall of the People in Beijing, China, on Dec. 16, 2008.     China valued the traditional friendship with Pakistan, and was ready to advance relations with the south Asia country, he noted.     Echoing Xi's remarks, Majid said his country attached great importance to the relations with China, and would join in China to promote bilateral exchanges and cooperation. Chinese Defense Minister Liang Guanglie (R) meets with Tariq Majid, chairman of the Joint Chiefs of Staff Committee of Pakistan, in Beijing, China, on Dec. 16, 2008.     Later this day, Majid also met with the Chinese Defense Minister Liang Guanglie.     Liang applauded that the two countries have witnessed satisfactory achievement on military cooperation, in accordance with the sound development of bilateral relations.     China will work jointly with Pakistan to deepen exchanges and cooperation in every military aspect such as anti-terrorism, said Liang. Chinese Defense Minister Liang Guanglie (R) meets with Tariq Majid, chairman of the Joint Chiefs of Staff Committee of Pakistan, in Beijing, China, on Dec. 16, 2008.    Attaching great importance to bilateral relations, China pays much attention to maintaining the China-Pakistan friendship. China always handles and develops relations with Pakistan with strategic and long-term perspectives, Liang added.     Majid agreed to advance the relationship with China under today's global situation.     Majid was here for the Sixth Sino-Pakistani Defense and Security Talks.

BEIJING, Nov. 19 (Xinhua) -- Chinese shares staged a broad-based rebound on Wednesday, making up the previous day's losses after an overnight rally on Wall Street.     The benchmark Shanghai Composite Index finished at 2,017 points, a gain of 6.05 percent. The Shenzhen Component Index rose 6.14 percent to 6,679 points.     Combined turnover shrank to 120.81 billion yuan (17.26 billion U.S. dollars) from the previous day's 145 billion yuan.     Gains outnumbered losses by 865 to eight in Shanghai and 743 to two in Shenzhen. Almost all sectors rose, with more than 200 stocks up by the daily limit of 10 percent. An investor looks at the electronic board in a stock exchange in Shanghai, east China, Nov. 19, 2008. The benchmark Shanghai Composite Index finished at 2,017 points, a gain of 6.05 percent    The Shanghai index fell more than 6 percent on Tuesday over fears of a spreading global slowdown, exacerbated by profit-taking.     Shares rebounded sharply in the afternoon on Wednesday as investors bought up energy and bank stocks, which had fallen heavily on Tuesday.     Oil, telecom and banking sectors led the rise. Sinopec rose by 10 percent to 8.37 yuan. PetroChina was up 7.49 percent, closing at 11.91 yuan. China Citic Bank gained 6.51 percent to 4.42 yuan.     Telecom shares surged on reports of an imminent approval of 3G licenses. China United Telecommunications rose 10 percent to 6.03 yuan.     A Guangfa Securities note said the rebound showed investor confidence had risen after Tuesday's decline. The sharp rises of energy and banking stocks showed institutional investors were optimistic over market prospects. 

BEIJING, Oct. 18 (Xinhua) -- China's new rules on foreign media reflected the country's determination to carry on the policy of opening up to the outside world, a senior information official said here Saturday, hours after the issuing of the new rules.     Wang Chen said this in a ceremony for the establishment of "Israel Epstein Research Center" of Qinghua University.     Wang pointed out that the new rules draw on the experience of providing service and managerial assistance for foreign correspondents during Beijing Olympics, and they will make foreign correspondents reporting activities in China more convenient.     "Chinese government welcomes foreign media and reporters, and we hope more stories about the country will be told to the world. We will spare no effort to provide help and service to them," he said," meanwhile, we hope foreign media and reporters could abide by Chinese laws and professional morals, to report unbiasedly and justly, so to promote understanding and cooperation between China and the rest of the world."     According to the new rules, foreign reporters wishing to interview organizations or individuals in China no longer need to be received and accompanied by the Chinese organizations.     An item in the old version was also cancelled, which asked foreign reporters to get approval from the local government's foreign affairs department when they wanted to do reporting in the regions open to them.     Seymour Topping, a famous journalist from the United States and the former administrator of the Pulitzer Prizes, told Xinhua that the removal of the restrictions on foreign correspondents may mark an important progress of China,     China should learn to tolerate the judgement of the outside world, be it positive or negative. That will show a more confident China, he said.     Huang Youyi, deputy director-general and editor-in-chief of China International Publishing Group, said:" Sadly some foreign media reported inaccurately about China. But I believe with more foreign reporters coming, the proportion of accurate reports will increase."     "How great it is!" Wang Yu, who lives in Haidian District of Beijing smiled when she heard about the new rules," the foreign reporters will see that the world is a family, and Chinese people do have speech freedom."     A backpacker named Wang Shaofei from Hainan Province in the south of China said:" if any foreign reporters come to me, I will tell them the new development and changes of my hometown. Maybe I could know more about the cultures abroad, too."

  BEIJING, Jan. 2 (Xinhua) -- Premier Wen Jiabao has urged Chinese companies to stress innovation to combat the impact of global economic turmoil.     Wen made the remarks as he visited companies, markets, communities and rural areas in China's eastern Shandong Province over the first two days of 2009. He sought to reassure people that the economy would be able to regain steam.     "Try to develop new types of candles to cater to different cultures, which would capture big market share," Wen said during avisit to Qingdao Kingking Group, the world's second-largest candle maker.     During a visit to Haier, the country's largest appliance maker, the premier praised its sales promotion and services in rural areas as a factor stimulating rural consumption, which he said would help ease the impact of the global financial crisis. Chinese Premier Wen Jiabao (C) visits Yatai electric appliances supermarket that sells subsidized household appliances in Jimo City under Qingdao, a coastal city in east China's Shandong Province, Jan. 2, 2009. Wen visited companies, markets, communities and rural areas in Qingdao on Jan. 1-2.     China kicked off a subsidized household appliance program in December 2007 and decided on Wednesday to further expand subsidies for farmers' purchases from Feb. 1 to boost consumption.     "How Haier is dealing with the global crisis tells us there is opportunity amid crisis, and the opportunity lies in innovation, which will not only help shake off the impact of the crisis but also upgrade enterprises," Wen noted.     He said the country would increase subsidies to 15 billion yuan (2.2 billion U.S. dollars) in 2009 from last year's 9 billion yuan. It would increase domestic spending by more than 100 billion yuan.     The policy would remain in force for at least five years, which would increase appliance sales by more than 500 billion yuan, Wen added.     He highlighted the importance of innovation and called for enterprises to design and develop high-quality, low-cost products for rural markets.     Wen also went to a village in Shandong Province to talk with rural families. He reassured villagers that apart from the expanded subsidies, the government also encouraged enterprises to purchase old appliances and allow farmers to trade in older models for new ones as a move to sustain domestic demand.     The premier reiterated "confidence" wherever he went, saying a solid material foundation, stable financial system, abundant cash flow, large domestic markets, appropriate macroeconomic policies and others steps boosted confidence.     Wen said the State Council, or Cabinet, is drawing up two major plans.     One involves 10 programs to expand demand, further detailing and specifying the 10 stimulus measures kicked out last year.     The other includes the readjustment and improvement of 10 pillar industries. Plans for the development of steel industry and automobile industry have been rolled out and others are under way.

来源：资阳报