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BRASILIA, April 15 (Xinhua) -- Chinese President Hu Jintao and the leaders of Brazil, Russia and India met in Brasilia on Thursday to discuss the world economic and financial situation and other important global issues.This was the second time the four leaders met formally for a summit.The first summit of Brazil, Russia, India and China, collectively known under their acronym BRIC, convened in Yekaterinburg, Russia, last year.At the Brasilia summit, leaders of the four countries were to exchange views on major global issues, such as the world economy and financial situation, reform of the international financial system, climate change and cooperation among the four countries, Chinese diplomats said.China hopes the summit participants could discuss global issues in the spirit of mutual benefit, so as to facilitate the recovery of the world economy, safeguard the four nations' common interests and advance their cooperation, Qin Gang, a Chinese foreign ministry spokesman, said at a regular press briefing on April 1.He said that China always adopted a "positive, pragmatic, open and transparent" attitude toward cooperation with other BRIC nations.Closer cooperation and exchanges among the four nations would be conducive to increasing the influence of emerging and developing countries, and promoting the development of multilateralism, he said.As major emerging markets, the BRIC countries account for 42 percent of the world's population and 15 percent of the world's GDP. The BRIC countries have become an important force in the international community, receiving worldwide attention.
GUANGZHOU, May 29 (Xinhua) -- Communist Party chief of south China's Guangdong Province Wang Yang on Saturday called for companies to improve management and care more for their employees after 13 workers of Shenzhen-based Foxconn attempted suicides this year, which resulted in 10 deaths.Wang Yang, secretary of the provincial committee of the Communist Party of China, told a conference in Shenzhen that the Party, government organizations and Foxconn must "work together and take effective measures to prevent similar tragedies from happening again.""Labor unions in private firms should be improved to facilitate better working conditions and more harmonious relations between workers and employers," Wang said.He also called on young employees to cherish their precious lives, as the suicidal employees were mostly born in the 1980s or 1990s, who had weak self-adjustment capability under emotional, living, or working pressures.More recreational and sports activities should be held among workers to enhance communications and more efforts should be made to help them ease work pressure, Wang said."Economic development should be people-oriented," he said.Foxconn is part of Taiwan's Hon Hai Precision Industry Co. and makes computers, game consoles and mobile phones for companies including Hewlett-Packard Co., Sony Corp. Nokia Corp, and Apple Inc.Of Foxconn's 800,000 employees in China's mainland, 430,000 are based in Shenzhen. They work shifts and live inside the massive factory complex.
SHANGHAI, May 6 (Xinhua) -- More than 33 million Shanghai World Expo tickets have been sold, according to the latest statistics from the Bureau of Shanghai World Expo Coordination.A total of 33.11 million tickets, including 23.96 million individual tickets and 9.15 million group tickets, had been sold as of Thursday, the statistics showed.As of 5:30 p.m. Thursday, a total of 902,300 people had visited the Shanghai World Expo Park.On Thursday, 105,600 people visited the Expo as of 5:30 p.m. but this was a sharp drop compared with more than 200,000 people on May 1, the opening day.A spokesman from the Bureau of Shanghai World Expo Coordination said even though the Expo lasts for 184 days, ticket holders should consider coming earlier as that would mean avoiding the huge crowds expected before the end of the event.
GOTEBORG, Sweden, March 28 (Xinhua) -- China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. here Sunday to acquire the U.S. auto giant's Volvo car unit.Under the definitive stock purchase deal, Geely will own 100 percent of Volvo Cars and its related assets.The agreement was inked by Li Shufu, founder and chairman of Geely, and Lewis Booth, chief financial officer of Ford, at a ceremony at the headquarters of Volvo in Goteborg, the second largest city of Sweden. Geely Chairman Li Shufu attends a press conference after the signing ceremony in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.The ceremony was witnessed by Li Yizhong, China's minister of industry and information technology, and Maud Olofsson, Swedish deputy prime minister and minister for enterprise and energy.The agreement provides a solid foundation for Volvo to continue to build its business under Geely's ownership, said Booth at the ceremony."China, the largest car market in the world, will become Volvo's second home market. Volvo will be uniquely-positioned as a world-leading premium brand, tapping into the opportunities in the fast-growing China market," said Li.Geely has secured all necessary financing to complete the transaction, he said, adding that Geely intends to preserve Volvo Cars'existing manufacturing facilities in Sweden and Belgium, and explore opportunities to manufacture Volvo vehicles in China for the local market. Geely Chairman Li Shufu (FRONT L) shakes hands with CFO of Ford Motor Company, Lewis Booth (FRONT R) after signing a deal in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.Li promised that Geely will maintain the strong collaborative relations that Volvo has built with employees, unions, suppliers, dealers and above all, customers.Volvo Cars will eventually become a separate company with its own management team based in Goteborg and a new board of directors, he told reporters after the ceremony.Volvo, which has about 22,000 workers around the world including 16,000 in Sweden, was purchased by Ford in 1999 for about 6.4 billion dollars.But Ford has been attempting to sell Volvo since late 2008, due to its poor market performance. Geely was named as the preferred bidder for the Swedish subsidiary in October 2009.Geely, which started to manufacture cars in 1998, is a major private automaker in China, with its headquarters based in southeast China's Zhejiang province. Geely Holding Group is the parent company of Geely Automobile Holdings.Besides Ford, some other Western auto giants are also seeking buyers in China. Beijing Automotive Industry Holdings has agreed to buy some powertrain technology from General Motors Co.'s Swedish Saab unit.
NANNING, June 3 (Xinhua) -- The death toll from rain-triggered landslides and flooding in south China's Guangxi Zhuang Autonomous Region rose to 44 Thursday.Eight people were still missing, said a statement from the regional flood control and drought relief headquarters.In Rongxian County alone, the death toll climbed to 27 after four more bodies were recovered Thursday.In Cenxi County, 12 people were confirmed dead as of Wednesday night.Three deaths were reported in Tengxian County, Donglan County and Fangchenggang City.Rescuers search for trapped persons in Beigeng Township, Xincheng County, south China's Guangxi Zhuang Autonomous Region, June 3, 2010.Two primary school students, sisters aged 8 and 10, had been found drowned in Laibin City where flooding forced many schools to suspend classes.More than 600 residents in two villages in Laibin had been evacuated because of land subsidence Thursday. Four pits and cracks were reported near the villages, with the biggest having a diameter of more than 70 meters and depth of 20 meters.Increased water flow in underground rivers in wake of the torrential rains could have caused the subsidence, a Laibin municipal government official said.Heavy rains began pounding Guangxi Monday and triggered landslides early Wednesday.Across Guangxi, the rainstorms had battered 27 counties and 144,800 people had been evacuated by 4 p.m. Thursday, the regional civil affairs bureau said.In addition, 8,123 houses had collapsed and 161,830 hectares of crops had been damaged. The direct economic losses were estimated at 1.2 billion yuan (176 million U.S. dollars).