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BEIJING, Dec. 28 (Xinhua) -- Chinese Premier Wen Jiabao Monday asked auditors to keep a close eye on public investment projects to help avoid embezzlement and waste of public funds. Jerry-built projects and vanity projects should be strictly forbidden with the help of closer follow-up scrutiny of public funds, said the premier in a meeting with participants at a national auditing conference. The National Audit Office (NAO) statistics showed that altogether 234.7 billion yuan (34.51 billion U.S. dollars) of public funds have been misappropriated and 16.3 billion yuan wasted during the first 11 months this year. Chinese Premier Wen Jiabao (C, front), also a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, shakes hands with one of participants of the National Audit Work Conference and the Commendatory Convention for Outstanding Audit Units and Auditors, at the Great Hall of the People in Beijing, Dec. 28, 2009 Wen urged auditors to strengthen budget enforcement auditing in order to guarantee an open and transparent fiscal budget for governments at all levels. The premier said that auditing should shoulder the responsibility of safeguarding the country's economic security by detecting possible risks in economic operations. As for now, special attention should be paid to fiscal and financial risks, he said. He also called for giving full play to the role of auditing in the fight against corruption and severely cracking down on corruption. China carried out audit among more than 20,000 government officials including provincial level cadres and bosses of large state-owned enterprises this year. Cases involving 67 senior officials and 164 others were handed over to judicial authorities, said the NAO.
BEIJING, Jan. 3 (Xinhua) -- China's Central Meteorological Station (CMS) on Sunday evening issued the third orange alert since the first one on Saturday, extending the warning against a strong cold wave and strong wind. Temperature was expected to fall by 14 to 18 degrees Celsius from Sunday night to Tuesday in central Inner Mongolia Autonomous Region, Shaanxi Province and the western parts in regions along the Yellow and Huaile rivers, or 16 to 18 degrees Celsius in some of these regions, according to the CMS. Soldiers of the Armed Police Force clean the snow on the street in Beijing, China, Jan. 3, 2010.The country's north and central areas, including eastern parts of the northwest China, north China, Guizhou Province, Chongqing, and some regions in the Qinghai-Tibet Plateau, would suffer a temperature plunge by 8 to 12 degrees Celsius, said the CMS. From Tuesday to Wednesday morning, temperature in the northern parts of north China was forecasted to slump to minus 20 to 32 degrees Celsius, and the central and south regions in north China and areas long the Yellow and Huaihe rivers would drop to minus 10 to 18 degrees Celsius. Tourists pay a visit to the Ancient Cultural Street in snow, in Tianjin, north China, Jan. 3, 2010. A heavy snowfall hit Tianjin on Saturday night. The local observatory has issued orange warning signal of heavy snowThe CMS issued the first orange alert against cold wave on Saturday, and the second one on Sunday morning. During the three-day New Year's Day holiday, a total of 15 highways and some sections of three national highways in eight provinces, municipalities and autonomous regions, including Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia were closed due to the heavy snow brought by the cold snap, according to the Ministry of Transport. Pedestrians walk in the street during a snowfall in Shijiazhuang, capital city of north China's Hebei Province, Jan. 3, 2010
BEIJING, Nov. 20 (Xinhua) -- Chinese Premier Wen Jiabao on Friday congratulated EU's top leaders elected on Thursday, vowing to further boost China-EU all-round strategic partnership. Wen made the remarks in his meeting with a group of EU diplomats including former French Prime Minister Jean-Pierre Raffarin and Hungary's ex-Prime Minister Peter Medgyessy, who were here to attend a China-EU forum. The Belgian prime minister was unanimously elected on Thursday as the first full-time EU president and Britain's EU Trade Commissioner Catherine Ashton as EU foreign policy chief. "As a strategic partner of the EU, China congratulates the leaders elected and feels glad for that," Wen said. Calling EU as an important pole of the world, Wen said the EU integration would help the 27-nation bloc to play greater role in international affairs. He called for courage and insight of political figures of both sides, as well as support from various circles of the society to deepen China-EU relations. "The Chinese government is ready to cement trust and deepen cooperation with EU to promote bilateral all-round strategic partnership," he added. Some of the EU representatives told Wen both the EU and China shoulder great responsibilities in the world globalization. The two sides should not only properly settle issues in bilateral ties but also jointly respond to major global challenges such as climate change.
BEIJING, Dec. 3 (Xinhua) -- Chinese Vice Premier Li Keqiang met here Thursday with Sadako Ogata, president of the Japan International Cooperation Agency (JICA). Li said China-Japan strategic and mutually-beneficial relationship has entered into a new stage and it is in the fundamental interests of the people to stick to China-Japan friendship and mutually-beneficial cooperation. Li said that the two countries should respect and take care of each other's major concerns, enhance pragmatic cooperation and increase mutual understanding between the two peoples in a bid to push forward bilateral ties in a long-term, healthy and stable manner. The two governments, via the JICA, Japanese government's overseas aid agency, have conducted effective cooperation since the normalization of bilateral ties, said Li, calling for more exchanges of youth and scientists between the two countries. Ogata visits China as guest of China's Ministry of Science and Technology
SHANGHAI, Nov. 1 (Xinhua)-- HSBC has raised its forecast of China's GDP growth this year to 8.1 percent, said HSBC Group Chairman Stephen Green here Sunday. The bank's previous forecast was 7.8 percent. While attending the annual International Business Leaders' Advisory Council (IBLAC), Green said the world financial crisis has not derailed either of the two most noteworthy and transformative trends in global finance: "the rise of China and the shift from west to east." He also expected effects of China's stimulus packages would further lift the country's GDP growth and sustain the recovery momentum into 2010. Green said Shanghai, as China's largest city, had kept a relatively stable growth during the crisis, which suggested it had the potential to become one of the world's financial centers comparable to New York or London.