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NANNING, Oct. 5 (Xinhua) -- Chinese Premier Wen Jiabao said here Sunday that China's financial institutions have generally increased their strength, profitability and risk-resisting ability, and the financial system as a whole is sound and safe in face of the international financial crisis.     Wen made the remarks during an inspection tour to Guangxi Zhuang Autonomous Region in southwest China. Chinese Premier Wen Jiabao greets workers as he visits an oil refinery under construction in Qinzhou City, southwest China's Guangxi Zhuang Autonomous Region, Oct. 4, 2008. He said that the world economic situation has had dramatic changes this year, the United States' subprime crisis has been deteriorating and is having an increasingly serious negative impact on the world's financial market and the world economy as a whole.     Under multiple negative factors, both international and domestic, China has reacted actively and properly, made efforts to improve the predictability, pertinence and flexibility of macro-economic control policies, and timely solved outstanding problems in economic development. As a result, the country's economy has maintained its momentum of smooth and rapid development, Wen said.     Generally speaking, China's economic foundations have not changed and the economy is developing towards the preset macro control targets, said the Premier.     "We have full confidence in China's economic development and financial stability," Wen said, stressing that the most important thing is to do our own business well, maintain the stability of the economy and the financial and capital markets.     "It is the biggest contribution to the world when a big country with a population of 1.3 billion is able to maintain a lasting, smooth and fast economic development," he said.     On Saturday and Sunday, Wen inspected villages and factories in the cities of Beihai, Qinzhou and Fangchenggang, and talked with local people of different nationalities and from all walks of life.     He said that the development of Beibu Gulf should focus on technological innovation and environmental protection to build into an important zone for international and regional economic cooperation.     In Gaosha Village of Qinzhou, Wen inspected rice paddy and visited farmers' homes. He said that the government will further reinforce its support for agriculture, continue to increase subsidies to farmers and raise the minimum grain purchasing prices to mobilize farmers to produce more grain.Chinese Premier Wen Jiabao examines the growth of paddy at Gaosha Village in the Qinnan District of Qinzhou City, southwest China's Guangxi Zhuang Autonomous Region, Oct. 5, 2008. Wen made an inspection tour in Guangxi on Oct. 4-5. 

BEIJING, April 13 (Xinhua) -- Chinese companies will no longer need the central bank's approval when issuing short-term bonds on the inter-bank market amidst government efforts to boost direct financing and reduce bank loan risks.     The People's Bank of China (PBOC) announced non-financial companies could issue bonds with maturities of less than one year on the inter-bank market without its approval from April 15.     Instead, they would only need to register at the National Association of Financial Market Institutional Investors set up in September, the PBOC said in a statement issued late on Saturday.     It said other negotiable notes "with a certain maturity" issued by non-financial companies on the inter-bank bond market wouldn't need administrative examination and approval, either. Nor would future innovative financing tools on the market.     China has vowed to develop its capital market and broaden direct financing channels to curb enterprises' heavy reliance on bank credit.     "China's financial structure has long been unbalanced, with its direct financing underdeveloped," said the statement. "Enterprises rely on bank loans too much, bringing them fairly large hidden risks."     To boost innovation in debt offering and raise the share of direct financing could mobilize the transfer of deposits to investment and decrease credit risks of the banking system, it said.     China allowed companies to offer short-term bonds to qualified institutional investors on the inter-bank market in May 2005.     From then to the end of 2007, 316 companies issued 769.3 billion yuan (about 109.9 billion U.S. dollars) of short-term bonds, with 320.3 billion yuan of outstanding debts, statistics showed.     In comparison, short-term loans to non-financial companies and other institutions surged 1.25 trillion yuan in 2007, while middle- and long-term loans jumped 1.65 trillion yuan.

BEIJING, April 28 (Xinhua) -- Jia Qinglin, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC),had a meeting with visiting Honorary Chairman of the Kuomintang Party (KMT) Lien Chan, his wife and his retinue.     Jia spoke highly of Lien's outstanding contribution to promoting the relationship between the CPC and the KMT and the cross-strait relations, as well as his role in fighting secessionist activities. Jia expressed his hope that the compatriots of the two banks will unite more closely and work together to open up a new chapter for the peaceful development of the cross-strait relations. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), proposes a toast to Honorary Chairman of the Chinese Nationalist Party, or Kuomintang (KMT), Lien Chan during a welcoming banquet held in the Great Hall of the People in Beijing, capital of China, April 28, 2008.     Jia thanked Taiwan people for their support to the Beijing Olympic Games as Lien has brought works of a Taiwan sculptor donated to the Beijing Olympic Sports Center. Mainland people will welcome athletes from Taiwan to participate in the Beijing Olympic Games in a most cordial manner, he said.     Jia recalled Lien's first journey to the mainland three years ago and the historic meeting between CPC Central Committee General Secretary Hu Jintao and Lien, then chairman of the KMT, which has turned over a new leaf for the CPC-KMT relationship.     The recent meeting between Hu and Vicent Hsiew in Bo'ao, Hainan Province, has received good response among people of different circles in Taiwan, which showed that Taiwan people have a common aspiration for strengthening the cross-strait exchange and cooperation, the CPPCC chairman said.     Lien also recalled his mainland trip three years ago which has been supported by the majority of the compatriots of the two banks, and the previous three economic and trade forums held by the two parties. He pledged to spare no efforts to safeguard the peaceful development of the cross-strait relations, so as to create a happy environment for the Chinese offsprings.     Jia hosted a banquet for Lien, his wife and his delegation

CHENGDU, May 18 (Xinhua) -- Chinese President Hu Jintao Saturday night expressed gratitude to foreign countries and people who have offered aid since a major earthquake struck the country.     "On behalf of the Central Committee of the Communist Party of China (CPC), the State Council and the Central Military Commission, I express heartfelt thanks to the foreign governments and international friends that have contributed to our quake-relief work," Hu said. Chinese President Hu Jintao Saturday night speaks at a meeting on rescue and relief work of the earthquake, expressing gratitudes to foreign countries and people who have offered aid since a major earthquake struck the country.Hu, also general secretary of the CPC Central Committee, made the remarks at a meeting on rescue and relief work after the 7.8-magnitude earthquake ravaged southwestern Sichuan Province Monday afternoon.     Hu also conveyed his greetings to the government officials and people in the disaster-hit areas, the People's Liberation Army (PLA), armed police, militia, reservists, public security staff, medical personnel, journalists and all people making "selfless devotions" to the quake-devastated areas.     More than 200 rescuers from Japan, Russia, the Republic of Korea (ROK) and Singapore are in Sichuan to help with the rescue and disaster relief work.     A 61-year-old woman was saved alive Saturday evening by Russian rescuers after being buried for up to 127 hours in the rubble, the first survivor found by foreign rescuers.     The earthquake, the worst in decades, had caused 28,881 deaths nationwide as of 2 p.m. Saturday. Many countries have offered help including making donations and sending rescue teams.     QUAKE RELIEF ATOP GOVERNMENT WORK AGENDA     In the meeting, Hu urged local governments at all levels and relevant central government departments to take quake relief as the most important and pressing issue in their work.     He called for unremitting efforts to search for and rescue the trapped people though more than five days had passed after the disaster.     "We should put people first and saving people's lives is still the top priority of the relief work," he said.     Troops, armed police, and public security personnel should reach villages and search every collapsed buildings to save the people, he said.     Hu also called for all-out efforts to save and cure injured survivors, urging to transfer them to hospitals with better conditions.     Hygiene measures in the quake-hit areas should be beefed up to prevent the spread of diseases, and more medical experts should be sent to these areas to help prevent and control possible epidemics, Hu said.     During the meeting, Hu expressed his concern for the people in the quake-devastated areas, calling for arrangements of supplies of daily necessities to meet people's demands.     Food, clothes, drinking water and temporary shelters must be ensured, he emphasized.     Hu also underscored social stability in quake hit areas, ordering officials to give considerate comfort and condolence to people to ensure a peaceful social environment.     "We must keep highly alert" against aftershocks and avoid further losses, he warned.     Hu also called for tightened monitoring and prevention measures on geological disasters such as landslides and mud-rock flows.     He said early planning is important for reconstruction as the country now faces a challenging task in this regard.     He also ordered early preparations and arrangements to deal with the issues of orphans, seniors and disabled.     The meeting was presided over by Vice Premier Hui Liangyu, who urged implementation of the overall quake-relief strategies of the central government.

BEIJING, April 14 (Xinhua) -- Chinese Premier Wen Jiabao held talks with Swedish Prime Minister Fredrik Reinfeldt here Monday. Both agreed to deepen cooperation.     During their talks, Wen said as the first western country to establish diplomatic ties with the People's Republic of China 58 years ago, Sweden and China have continued to increase mutual trust and understanding, as well as expand cooperation in all areas.     The recent years, in particular, have seen rapid growth in bilateral trade volume, said Wen, noting that China has become the largest trade partner for Sweden in Asia. Chinese Premier Wen Jiabao holds talks with Swedish Prime Minister Fredrik Reinfeldt at the Great Hall of the People in Beijing, on April 14, 2008Fruitful results have been made in bilateral investment and technological cooperation with vigorous exchanges among the two peoples and sound coordination in international affairs.     Wen said against the backdrop of development of economic globalization, enhancing bilateral cooperation is in the fundamental interests of the two countries and is conducive to promote China-EU strategic partnership.     China is ready to maintain high-level contacts and consultations at all levels, and develop exchanges and cooperation in human rights on the basis of equality and mutual respect.     China will also actively expand cooperation in environment protection and energy saving technology, create conditions to encourage business investment and trade exchange, as well as cement exchanges in culture and social development, said the premier.     In response, Reinfeldt said Sweden attached importance to keeping good dialogue and cooperation with China.     Sweden is opposed to trade protection against China and is willing to further expand bilateral cooperation in trade, investment and protection of intellectual property right.     Reinfeldt also expressed his hope of strengthening exchanges and cooperation with China in energy saving, emission reduction and climate change in accordance with the principle of common but differentiated responsibilities.     After their talks, the two leaders attended a signing ceremony of a series of agreements concerning environment protection, sustainable development and communication.     China's top legislator Wu Bangguo also met with Reinfeldt.     Both of them pledged to enhance political dialogue, expand cooperation under the principle of mutual respect, equality and mutual benefits.     Reinfeldt arrived in Beijing on Sunday, continuing his five-day state visit to China. He has just finished his attendance in the year's annual meeting of the Boao Forum for Asia (BFA) in China's Sanya, a platform for high-level interaction between leaders from Asia and the world.