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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
HELSINKI, June 25 (Xinhua) -- China and Finland on Thursday agreed to push for closer economic cooperation to tackle the ongoing global financial crisis. Visiting Chinese Vice Premier Li Keqiang unveiled broad measures to work together with Finland to fight the global financial crisis after meeting with Finnish Prime Minister Matti Vanhanen. Li and Vanhanen joined a signing ceremony of several government and business agreements between the two sides, under which Li said China would purchase Finland's advanced environment-friendly technologies. China would also send a large group of entrepreneurs to Finland within two weeks to make major purchases of Finnish goods, according to Li. Chinese Vice Premier Li Keqiang (1st R) holds talks with Finnish Prime Minister Matti Vanhanen in Helsinki, June 25, 2009 The two governments also planned to hold talks in August on reducing double-taxing to facilitate bilateral trade and investment activities. Li said these measures were major fruits of his visit to Finland, adding that the measures reflected the shared political will between China and Finland to push for closer cooperation in tackling the financial crisis and opposing protectionism. Vanhanen said that the Finnish government and the Finnish people, battered by the ongoing financial crisis, were looking forward to seeing the large group of Chinese entrepreneurs in Finland. The Finnish leader stressed that the Sino-Finnish relations had always been solid and strong, adding that the two sides were getting increasingly closer as they took effective measures to deepen bilateral cooperation in all fields. Vanhanen said the 2010 World Expo to be held in Shanghai, China was a good opportunity for promoting the Sino-Finnish relations, and that Finnish companies would actively participate in the event. He promised that Finland would continue to play a constructive role in promoting China-EU relations and pushing for the lifting of an EU arms sales ban on China as soon as possible. Vanhanen reiterated that the Finnish government would firmly adhere to the one-China policy. During their talks, Li highlighted several key points in developing the Sino-Finnish relations. He said China and Finland should attach strategic importance to their relations, further expand mutually beneficial economic cooperation, and create new areas for cooperation in culture and education.

BEIJING, July 16 (Xinhua) -- The international community has continued to condemn the July 5 riots in Urumqi, the capital of China's northwestern Xinjiang Uygur Autonomous Region, which has left 192 people dead. Religious leaders and some experts also voiced support for the joint efforts by the Chinese government and various ethnic groups to safeguard ethnic unity and social stability. Regional leaders of two major Islamic organizations -- Nahdatul Ulama and Muhammadiyah -- in the Indonesian city of Surabaya said Islam advocates peace and opposes violence. Muslims love peace, pursue peace and take real actions to maintain peace and oppose any violent and terrorist actions, they said Tuesday while meeting Wang Huagen, Chinese general consulate in Surabaya, Indonesia's second largest city. The two Islamic leaders also expressed the hope that social order in Urumqi could be restored soon. Pierre Picard, a human geologist and China expert at the University of Paris, said he was shocked by the July 5 incident which was a violent crime orchestrated by foreign terrorists and separatist forces. China has the right to take actions to maintain national stability and restore social order and the measures it has taken were appropriate, he told Xinhua. No country in the world can tolerate attacks by terrorist forces, he added. The Al-Riyadh newspaper, one of the leading newspapers in Saudi Arabia, said in a report on Tuesday that the July 5 incident in Xinjiang was a crime of violence that was premeditated and organized. The unrest was not an ethnic issue nor a religious one, but a case against public order incited by a few separatists and mobs, it stressed. Bahrain's Al-Ayam newspaper shared the view. In a report published on Tuesday, it said the incident was by no means an ethnic or religious issue, but a grave violent crime involving beating, smashing, looting and burning premeditated, organized and instigated by the separatist forces both in and outside China. The purpose of the separatists is to sabotage ethnic unity and social stability in Xinjiang, said the report. The local government of the autonomous region has adopted effective measures in accordance with law to stop the violent crimes in a bid to safeguard social stability and resume normal social order as well as protect local people's rights and interests, it said. The report said that the Chinese government had introduced and carried out a series of ethnic and religious policies since the People's Republic of China was established. China always sticks to the principle of protecting ethnic minorities equal rights and safeguarding ethnic solidarity, and is firmly opposed to ethnic discrimination and oppression of any ethnic group as well as any activities aimed at undermining ethnic unity, it said. China has always valued the role played by Islamic countries and attached great importance to its friendly relations with them, the report said, adding that such relations will be further cemented through joint efforts by both sides.
BEIJING, June 10 (Xinhua) -- Chinese Vice Premier Wang Qishan met with visiting chairman of the U.S. Economic Recovery Advisory Board Paul Volcker here Wednesday when they saw eye-to-eye on stepping up dialogue and cooperation. During the meeting, they agreed to make concerted efforts to develop the Sino-American "positive, cooperative and comprehensive relationship for the 21st century", which Chinese President Hu Jintao and his U.S. counterpart Barack Obama agreed to build during their meeting in London in April. Chinese Vice Premier Wang Qishan (R) meets with Paul Volcker (L), chairman of the U.S. Economic Recovery Advisory Board, during their meeting in Beijing, capital of China, on June 10, 2009. They also exchanged views on the current global economic and financial situation, and both of them acknowledged that economies of the two countries are increasingly interdependent. Volcker, who took office in February as head of the newly formed organization, has served as Chairman of the Federal Reserve under President Jimmy Carter and Ronald Reagan's administrations. The veteran central banker reportedly accomplished to tame raging inflation in the 1980s by raising interest rates and restricting the money supply. China and the United States are recently keeping close communication on issues of common concerns. Speaker of the U.S. House of Representatives Nancy Pelosi visited China in late May. Following her heels, delegations of U.S. congress, Treasury Secretary Timothy Geithner and several other senior U.S. officials also paid visits to China, to seek cooperation with China in fields such as climate change and combating financial crisis.
BEIJING, June 6 (Xinhua) -- Most parts of China would experience cold weather and precipitation during the next week, forecast of the country's central observatory said Saturday. Northeastern parts of China were to embrace lower weather and scattered precipitation during the period, which would help ease the drought plagued the region, said the National Meteorological Center. Moderate or heavy rains would sweep most parts of south China. Some regions south to the Yangtze River and Guangxi Zhuang Autonomous Region would experience rain storm or strong convective weather.People walk on the street in Hefei, east China's Anhui Province, June 5, 2009. A heavy rain cooled the hot weather in Hefei on Friday eveningOn Sunday, most parts of Sichuan Province, western and northern Chongqing, southwestern Yunnan and Guangdong provinces would be hit by heavy rain or rainstorm. Strong convective weather was to hit these regions, resulting in strong wind, thunder storm or hails. According to statistics of the Ministry of Civil Affairs Friday, storms sweeping five provinces in central and east China killed 27people and damaged more than 341,000 hectares of crops.
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