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BEIJING, June 29 (Xinhua) -- China raised gasoline and diesel prices by 600 yuan (about 87.8 U.S. dollars) per tonne, starting zero o'clock Tuesday. The increase raised the price for gasoline by about 0.45 yuan per liter, or 8.6 percent, and the price of diesel by about 0.51 yuan per liter, or 9.6 percent, said the National Development and Reform Commission (NDRC) in a statement on its Web site. It was the third oil price adjustment this year. On May 31, the NDRC raised the pump prices of gasoline and diesel by 400 yuan per tonne, or 7 percent and 8 percent, respectively. The adjustment was in response to "recent international oil price fluctuation" under the country's new fuel pricing mechanism, as international crude prices kept rising, said the statement. According to the new mechanism, China's domestic prices are to be "indirectly linked" to global crude prices "in a controlled manner." Under the pricing mechanism, China would consider changing benchmark retail prices of oil products when the international crude price rises or falls by a daily average of 4 percent over 22working days in a row. Oil prices settled at 69.16 dollars a barrel on the New York Mercantile Exchange Friday, registering a 4.2 percent rise from the price of 66.31 dollars a barrel when the last adjustment took place on May 31.
DALIAN, May 25 (Xinhua) -- China started the trading of polyvinyl chloride (PVC) futures contracts at 9 a.m. at DALIAN Commodity Exchange Monday, with September contract V909 opening 275 yuan higher at 6575 yuan per ton. After steel futures and rice futures, this is the third new futures trading launched in China this year. PVC is a kind of synthetic resin widely used in construction, plumbing, electric wires and packaging. China is the world's largest PVC manufacturer, with an annual output of 8.82 million tonnes last year. A trading staff looks at the price of futures contracts at the hall of the Dalian Commodity Exchange in Dalian, a coastal city in northeast China's Liaoning Province, May 25, 2009. China started the trading of polyvinyl chloride (PVC) futures contracts at 9 a.m. at Dalian Commodity Exchange Monday, with September contract V909 opening 275 yuan higher at 6575 yuan per ton. China is the world's largest PVC manufacturer, with an annual output of 8.82 million tonnes last year

BEIJING, April 30 (Xinhua) -- Chinese President Hu Jintao met Japanese Prime Minister Taro Aso here on Thursday, calling on the two sides to cherish achievements made in bilateral ties. "Since my visit to Japan in May last year, related parties on the two sides have made every effort to implement the consensus and decisions agreed upon during the visit, and had attained important progress in promoting the strategic and mutually-beneficial relations between China and Japan," Hu told Aso at the Great Hall of the People. "These achievements have not come easy and should be cherished by us," said Hu. Hu noted that as the global financial crisis spreads, trade between China and Japan had declined obviously. He urged the two sides to take effective measures to put bilateral trade and investment back on the track of stable growth as soon as possible. Chinese President Hu Jintao (R) meets with Japanese Prime Minister Taro Aso in Beijing, capital of China, April 30, 2009 China and Japan must step up information exchange and policy coordination, explore new areas of cooperation and exploit the full potential of their cooperation. They must particularly ensure successes in cooperation in energy-saving and environmental protection, information and telecommunications and high-tech industries, said Hu. Sino-Japanese trade slid by 7.4 percent year on year in December and plumped by 24 percent in the first quarter of this year, figures from the Chinese Ministry of Commerce show. Hu noted personnel and culture exchanges have an important and far-reaching impact on the development of Sino-Japan relations. He urged the two countries to make full use of the existing channels and mobile every resources available to raise bilateral personnel and cultural exchanges, especially the exchanges between youths in general and young officials in particular, to a new height. In multilateral areas, China and Japan should focus on advancing cooperation in East Asia so that the sub-region will collectively respond to global challenges such as the current financial crisis, he said. The two countries must further enhance their coordination and cooperation in such regional mechanisms as the Association of Southeast Asian Nations plus China, Japan and the Republic of Korea (ROK), the East Asia summit and the China, Japan plus ROK format, so that together they can promote peace, stability and development in Asia and the world at large, Hu said. Aso said since Hu's successful visit to Japan in May last year, the two sides have made important progresses in implementing the projects agreed upon during the visits. He expressed Japan's appreciation of the fact that the two countries have maintained frequent exchanges of visits by and good communications between state leaders. Japanese and Chinese leaders have also met for many times in bilateral and multilateral occasions to exchange opinions on bilateral relations and issues of common concern, said Aso. Japan and China are neighbors. Sound cooperation in political and economic fields and the continuous advancement of the strategic and mutually-beneficial relationship between them have laid a solid foundation for the future of this relationship, said the Japanese prime minister. Aso said it is Japan's wish that the two countries will continue with the close communications at high level, strengthen cooperation in various fields, step up coordination in coping with the international financial and economic crisis, and promote youth exchanges. Aso arrived in Beijing on Wednesday for a two-day China tour, his first official visit to China since he took office in September.
BEIJING, May 13 (Xinhua) -- Chinese Vice President Xi Jinping on Wednesday called on officials to read more books and take reading and study as "life attitude, responsibility and spiritual pursuit." Xi told officials attending an opening ceremony of a seminar of the Party School of the Communist Party of China (CPC) Central Committee, "Books are carrying human knowledge and wisdom and are of vital importance to human advancement." As president of the Party School, Xi asked officials to read enlightening books so as to build the Party into an academic one. Xi, also member of the Standing Committee of the CPC Central Committee Political Bureau, said officials could gain inspiration, expand their mental outlook and improve their cultural attainment through reading, which could also enrich their working experience.
BEIJING, April 23 (Xinhua) -- Chinese Premier Wen Jiabao, an avid reader, encouraged citizens to read more and be studious and selective in their reading on World Reading Day, which fell on Thursday. Wen made the remarks when visiting a branch of the Commercial Press and the National Library in Beijing Thursday. Books are the crystallization of human wisdom and reading is important in promoting an individual's accomplishments and state of mind, improving citizens' quality and strength, and shaping a country's future, he said when visiting the National Library. Chinese Premier Wen Jiabao (2nd R) views a treasure collected by the National Library in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright DayThere's no hope for individuals and the nation if citizens do not read, he said. When talking to the young people in the library, Wen said people should find time to read. An individual could at least spare half an hour reading about three to four pages, and hence reading more than one hundred pages in a month and several books in a year, he said. He said the promotion of reading was significant amid an unprecedented global financial crisis. Overcoming this crisis requires not only material power, but also spiritual power. He said fundamentally, it needs people, the power of knowledge and scientific and technological revolution to conquer this financial crisis. Chinese Premier Wen Jiabao (2nd R Front) shakes hands with a staff member of the Commercial Press in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright Day. Reading warm people's hearts and boost their confidence, he said. He also advised readers to be selective, choosing books from insightful writers and those that were well-written, as well as those that had stood the test of time. Books can not change the world, but people change the world by changing themselves through reading, he said. He said he would love to see every passenger holding a book on hand when riding subways. "I always believe that knowledge gives people not only strength, but also security and happiness," he said. When visiting a branch store of the Commercial Press, Wen spoke highly of the role of publication. Without the publishing sector, culture cannot be inherited, scientific exploration would be halted and the historical records would not exist, he said. He also urged efforts to publish more classical works. A good book requires the writers to have rich experience, insightful minds and noble languages, and editors with strong sense of social responsibility and a working style of preciseness, he said. When talking to the English editors of the press, he said the Chinese publishers should not only take the role of promoting the construction of Chinese civilization, but also help spread the world's civilizations. Wen is fond of reading and has often quoted Chinese poets and proverbs during press conferences. Chinese Premier Wen Jiabao (C Front) views a treasure collected by the National Library in Beijing, capital of China, April 23, 2009. Premier Wen visited the National Library and the Commercial Press on April 23, the World Book and Copyright Day
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