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SHANGHAI, Jan. 18 (Xinhua) -- Chinese President Hu Jintao has called for more efforts to promote independent innovation and upgrading of the industrial structure during his inspection tour to Shanghai which ended Sunday.     Hu visited scientific research bases, industrial parks and workshops of enterprises during the four-day tour, making investigations and research on the transformation of the mode of economic growth and work to promote sound and fast economic and social development. Hu Jintao (2nd L, front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, tries the TV and video communication functions of a mobile phone as he inspects Spreadtrum Communications, Inc., in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17Hu stressed promoting independent innovation and making breakthroughs in core technologies. Such breakthroughs would provide strong support for the transformation of the mode of economic growth, he said.     During his visit to Commercial Aircraft Corporation of China, Ltd., Hu said that the Communist Party of China (CPC) Central Committee had made a strategic decision to develop large passenger aircraft. He expressed hopes that the company stick to independent innovation and succeed at an early date. Hu Jintao (4th R), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, inspects Shanghai Synchrotron Radiation Facility (SSRF) project, in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. At the Spreadtrum Communication, Inc., a high-tech company founded by returned overseas students, Hu said independent innovation is the lifeline of a company. He told the company staff "I hope you could make further breakthroughs in core technologies, so as to boost China's communication industry."     Hu also inspected the modern service industry in Shanghai.     When visiting the logistic park of Shanghai Waigaoqiao Free Trade Zone, Hu said logistic industry plays a crucial part in building Shanghai into an international economic, financial, trade and shipping center. Hu Jintao (C), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, inspects the heavy equipment manufacturing base of Shanghai Electric Group Co., Ltd. ,in Shanghai, east China, on Jan. 15, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. At China UnionPay, a joint stock financial service company that has issued more than 2.1 billion bank cards in the country, Hu urged the company to make UnionPay an international brand.     Hu also visited the Shanghai Synchrotron Radiation Facility project, Shanghai Electric Group and a creative industrial park.     At the end of the inspection tour, Hu heard the work report by the CPC Shanghai municipal committee and the Shanghai government. He highly appreciated the work in Shanghai in recent years. Hu Jintao (front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, tries the bankcard service of China Unionpay (CUP) as he inspects CUP in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. He called on the cadres and people in Shanghai to stage a "successful, brilliant and memorable" World Expo.     Hu said China should take the international financial crisis as an opportunity to restructure the industry and enhance independent innovation, so as to shift the pattern of economic growth.     Hu also urged to promote energy conservation, emission reduction and eco-protection, as well as to improve people's livelihood, so that the shift of economic growth pattern could benefit the general public. Hu Jintao (R front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, shakes hands with young members of the research and development team as he inspects Spreadtrum Communications, Inc., in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. 

BEIJING, Feb. 22 -- The Chinese central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation's car market.Statistics from the China Association of Automobile Manufacturers (CAAM) show that 4.58 million Chinese-brand passenger vehicles were sold last year, some 44.3 percent of the total. Through an acquisition deal with Aviation Industry Corp last year, Chang'an Auto closed the biggest asset deal between State-owned auto enterprisesSales of domestic sedans hit 2.22 million units, almost 30 percent of the segment.The new policy will also focus on accelerating consolidation between automakers and could lead to a new round of reshuffling, industry insiders said.China became the world's largest auto producer and market last year with both production and sales surpassing 13.5 million vehicles due in part to government incentives.There are now more than 130 carmakers across the country, but most of them are small enterprises with annual production and sales of fewer than 10,000 units.Only five had sales of more than 1 million units last year as the country's top 10 carmakers moved a total of 11.89 million vehicles to account for 87 percent of overall sales, according to market data.Consolidation movesLast year, Chang'an Motor Corp acquired two minivan makers - Hafei and Changhe - as well as engine producer Dong'an Auto from the Aviation Industry Corp of China (AVIC), marking the biggest asset deal ever between State-owned auto companies.Chang'an is the fourth-largest motor group in China and the local partner of US carmaker Ford Motor and Japan's Mazda and Suzuki. After the acquisition, Chang'an's 2009 sales were only 30,000 units behind Dongfeng, the country's third-largest motor group.Guangzhou Automobile Group Corp, the country's sixth-biggest automaker, bought a 29 percent stake of Shanghai-listed SUV maker Changfeng Motor Co Ltd for 1 billion yuan in May last year.Beijing Automobile Industry Holding Corp, China's fifth-largest carmaker, reportedly finalized a deal last month to buy a 40 percent stake in Daimler AG's van joint venture with Fujian Motor Industry Corp.By 2012 policymakers hope consolidation will result in two to three large-scale auto groups, each with annual production capacity surpassing 2 million units, and four to five companies with annual output of more than 1 million vehicles, according to the national auto industry revitalization plan released in March last year.The current top-four Chinese motor groups are SAIC Motor Corp, FAW Group, Dongfeng Motor and Chang'an Motor. Carmakers including Beijing Automobile, Guangzhou Automobile, Chery, Geely and Sinotruk form the second tier in the country's auto industry.Going globalLi Yizhong, minister of Industry and Information Technology, said recently that in addition to fueling industry consolidation, the government will also implement measures to encourage domestic automakers in reaching overseas this year through investment, acquisition of foreign brands, building research and development facilities and developing sales networks.Industry sources said that the new policy calls for 20 percent of overall sales by major auto groups to be generated overseas in the next few years.In the wake of the financial crisis, China's vehicle exports fell sharply by 45.7 percent to 369,600 units last year, according to statistics from the General Administration of Customs. Industry analysts generally expect a rebound in car shipments this year as the foreign markets begin to recover.Despite the poor export performance, Chinese companies were aggressive in acquiring overseas assets in 2009.Homegrown carmaker Geely's bid for Swedish luxury brand Volvo received a lot of media exposure in 2009. The Zhejiang-based company will reportedly close the deal soon.Beijing Automotive bought some of Swedish carmaker Saab's core assets and technologies for 0 million last year.Li noted that along with encouraging acquisitions and consolidation, the government will restrain overcapacity in the auto industry.Li also said that the ministry will accelerate the development of new energy vehicles, including hybrid, pure electric and fuel battery models.The new policy will reportedly stipulate that Chinese partners hold at least a 50 percent share in newly built Sino-foreign joint ventures that produce core parts for alternative-energy vehicles.

BEIJING, Feb. 18 (Xinhua) -- China's operational high-speed railways have exceeded 3,300 kilometers, leading the world in both length and technologies, the Ministry of Railways said on its official website Thursday.Last year China finished two high-speed railways between Wuhan-Guangzhou and Zhengzhou-Xi'an, with an operating speed of 350 km/h. Before that, China had built high-speed railways between some of its major cities, including Beijing-Tianjin, Shijiazhuang-Taiyuan, Qingdao-Jinan, Hefei-Wuhan and Hefei-Nanjing.A number of new high-speed railways are being built and will be finished in the coming few years, of which the Beijing-Shanghai line has a length of 1,318 km and a designed travel speed of 350 km/h. Construction of the line started in April 2008 and would finish in around five years. It would cut travel times between the two cities to only five hours from about 12 hours.High-speed trains wait for departure at Guangzhou south railway station in Guangzhou, capital of south China's Guangdong Province, on Jan. 30, 2010. The Asia's biggest railway station came into use on Saturday, the first day of Chinese spring festival transport rush of 2010.China's railway links had expanded to 86,000 kilometers by the end of 2009, the world's second longest only after the United States.Railway passengers topped a record 1.53 billion last year. Cargo transportation hit 3.32 billion tonnes, according to the ministry.Railway investment surged 80 percent to 600 billion yuan in 2009 boosted by the 4-trillion yuan stimulus package. The government has planned a record 823.5 billion yuan for 2010 to extend the network to 90,000 kilometers by the end of this year.

GENEVA, March 17 (Xinhua) -- It's still not the time to talk about sanctions against Iran as the door of diplomacy is still open on finding a compromise over its nuclear program, He Yafei, China's ambassador to the United Nations Office in Geneva, said on Wednesday."I think the door of compromise through negotiations, the door of diplomacy, is not closed," He told reporters."We need to do our best, to exhaust every avenue before we decide on whether we should have new additional sanction measures, " He said.The Chinese ambassador said that Iran, as a member of the Nuclear Non-Proliferation Treaty (NPT), is entitled to the peaceful use of nuclear energy, but the country "should not develop any capability that can produce nuclear weapons.""We certainly do not want to see an Iran with a nuclear weapon capability...China is very much for safeguarding and strengthening the nuclear non-proliferation regime," He said.According to the ambassador, the way out for Iran's nuclear issue is to have a dialogue and to have negotiations with the country.He added that China had been talking to Iran constantly and urging the country to agree to a proposal by the International Atomic Energy Agency (IAEA) as a first step to solve the nuclear issue.Under the IAEA proposal, most of Iran's existing low-grade enriched uranium should be shipped to Russia and France, where it would be processed into fuel rods with the purity of 20 percent. The higher-grad nuclear fuel would then be transported back to Iran for the use at a research reactor.The United States and its Western allies have long been accusing Iran of secretly developing nuclear weapons under the disguise of a civilian program. Iran has denied the accusation and stressed its nuclear program is solely for peaceful purposes.Nowadays Western powers are talking about adopting new sanctions on Iran over its nuclear program through a UN resolution.