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BEIJING, April 12 (Xinhua) -- In a bid to further regulate the selection and promotion of government and Party cadres, the Communist Party of China (CPC) turned to the public for help in its four newly released documents."One breakthrough of these rules is we shift the focus from simply supervising the procedures of cadre selection and promotion to also weighing in what the colleagues and the locals think about," said a statement released Monday by the Organization Department of the CPC Central Committee.The four documents, promulgated on March 31 by the General Office of the CPC Central Committee, cover the selection and auditing of officials and set out penalties for those found guilty of misconduct in the selection and promotion of government and Party cadres.According to the new rules, personnel departments should consult staff within the organization on every newly appointed officials. The results, paired with local Party committees' official report on personnel changes, will be submitted annually to superior Party committees' for review.These opinions will also be incorporated into the work evaluation of officials in charge of local cadre selection and promotion.In serious cases, leading officials in the Party committees who misuse their power and violate CPC regulations on the selection and appointment of Party and government cadres could be dismissed from their posts, demoted, transferred to other posts, or asked to resign.To better solicit public opinions, Party committees at provincial levels across the country are moving to open online service and telephone hotline for whistleblowers to report such violations.According to the rules, personnel departments must carry out investigation based on detailed reports from the public and the media.

BEIJING, May 22 -- China's stock index futures wrapped up their first month of trading on Friday as the May contract was delivered smoothly without triggering sharp declines or volatility in the spot market.The May contract rose 0.51 percent to close at 2749.8 points while the June contract, the most actively traded, rose 1.44 percent to close at 2801 points. The CSI 300 Index, which tracks 300 large caps traded on the Shanghai and Shenzhen bourses gained 1.57 percent to 2768.79 points.The smooth settlement of the May contract eased investors' worries about the "expiration day effect", with fears that it would trigger sharper volatility on the spot market due to more active trading of index futures as investors rushed to close positions for May and changed to June contracts on that day."The trading volume and the holdings of the May contract dramatically decreased in the past month, which significantly reduced the incentive of price manipulation in the spot market," said Yang Cui, an analyst at Changjiang Securities.Chen Zhenzhi, an analyst at Guangfa Futures, said the impact of the expiry day was very limited due to the fact that most institutional investors have not participated in index futures trading.The China's index futures market is still dominated by retail investors although securities firms and equity funds have been allowed to trade the new financial instrument. The securities regulator required that institutional investors should trade index futures for hedging rather than speculative purposes.Trading of index futures contracts, agreements to buy or sell the CSI 300 Index at a present value on an agreed date, allow investors to profit from both gains and declines in the market. Chinese investors could previously only profit from gains in equity prices.Some analysts said the launch of the financial instrument was one of the reasons leading to the recent decline as the short selling mechanism increases market volatility in the short term.The benchmark Shanghai Composite Index has declined 17 percent since the launch of index futures trading on April 16. It has been ranked as one of the world's worst performers along with some debt-troubled European countries.But Wang Lianzhou, former deputy director of the National People's Congress' finance and economics committee, was recently quoted by Chinese media as saying that the market's decline should not be blamed on index futures, which is designed to make the market more professional and less speculative.

YUSHU, Qinghai, April 15 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday called for unremitting efforts to save people's lives in a visit to the quake-hit area in northwest China's Qinghai Province."The top priority is to save people. We will never give up even if there is only a slim hope," Wen told a meeting at the quake-relief headquarters in Yushu.Wen arrived in Yushu prefecture Thursday afternoon after a three-hour flight and rushed to the worst-affected areas.He visited the ruins triggered by the quake and a local hospital to inspect the rescue work, expressing his sympathy to families of the victims.Chinese Premier Wen Jiabao (R) visits a Tibetan woman in Yushu, northwest China's Qinghai Province, April 15, 2010. Wen arrived here on Thursday to inspect the disaster relief work and visit quake-affected local people.Wen stressed that efforts should also be exerted to strengthen medical care, ensure the basic livelihood of local people, rebuild infrastructure, guard against aftershocks and release information openly.The 7.1-magnitude quake, which struck the Tibetan Autonomous Prefecture of Yushu in southern Qinghai Province early Wednesday has left 760 dead, 243 missing and more than 10,000 injured as of 5 p.m. Thursday.

BEIJING, May 24 (Xinhua) -- The second round of China-U.S. strategic and economic dialogue opened Monday at the Great Hall of the People in Beijing.Chinese President Hu Jintao's special representatives, Vice Premier Wang Qishan and State Councilor Dai Bingguo, co-chaired the two-day meeting with U.S. President Barack Obama's special representatives, Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner.About 50 representatives from more than 40 departments of both countries participated in the dialogue.   Chinese President Hu Jintao's special representative, Vice Premier Wang Qishan addresses the opening of the second round of China-U.S. strategic and economic dialogue at the Great Hall of the People in Beijing, capital of China, May 24, 2010.The dialogue, designed to enhance mutual understanding and trust between China and the United States, will cover a host of topics, ranging from bilateral links to regional and global issues.

SHANGHAI, May 1 (Xinhua) -- The Shanghai World Expo formally opened its door to the highly avid public Saturday morning after years of planning and preparation.Top Chinese political advisor Jia Qinglin and International Exhibitions Bureau President Jean-Pierre Lafon activated the opening device together at a commencement ceremony.The Expo, carrying a theme of "Better City, Better Life", reflects the crystallization of wisdom about urban construction and vision of a better future life, Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, said while addressing the ceremony.The opening ceremony of the site of World Expo 2010 is held in Shanghai on May 1, 2010. In his speech, Jia expressed gratitude to all participants, the BIE and those who toiled for the preparation for the grand event.In the Expo, visitors could enjoy pavilions with original design, explore scientific and technological progress, enjoy various cultural events, and take part in symposiums to fully experience the mankind's pursue for development of civilization, he said.