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BEIJING, May 10 (Xinhua) -- The energy intensity of China's centrally-administered state-owned enterprises fell close to government targets from 2005 to 2009, a senior SOE administrator said Monday.The level of energy consumption per 10,000 yuan of output value was down 15.1 percent over the five-year period, said Li Rongrong, director of the State-owned Assets Supervision and Administration Commission (SASAC).Combined investment in energy-efficient and emissions reduction projects by centrally-administrated SOEs totaled 87.84 billion yuan (12.9 billion U.S. dollars) in 2009, said Li.This helped reduce sulfur dioxide emissions per 10,000 yuan of output value by 36.8 percent and chemical oxygen demand by 33 percent compared with 2005 levels, said Li.Enterprises executives who performed poorly in promoting energy conservation and emissions reductions, would be held for responsible by the SASAC, said Li.But he did not explain what would be considered a "poor" performance nor what penalties would be enforced.Under China's 11th five-year plan (2006-2010), the centrally-administered SOEs are expected to reduce energy intensity by 20 percent by the end of 2010 from 2005.By the end of 2009, China had 131 centrally-administered SOEs, many of them leading companies in highly polluting industries, including petrochemicals, steel, power generation, and non-ferrous metals industries.
YICHUAN, Henan, April 6 (Xinhua) -- The death toll after a central China mine blast last week has risen to 40,with 6 still missing, local authorities said on Tuesday.An official with the rescue headquarters confirmed Tuesday that 98 people were working underground in the Guomin coal mine in Yichuan county when the blast occurred at 7:20 p.m. on March 31. 57 were lifted to the ground unharmed, 35 were killed and six are still missing.The explosion also killed five and injured one on the ground, the official said.The illegal coal mine owned by village head Wang Guozheng was poorly managed and even does not have a payroll list. That's why the dead and missing could not be identified, the official said.Ten people allegedly accountable for the accident are under control by police, including mine owner Wang Guozheng, who was previously given a reprieved imprisonment sentence in 2009 for covering up a mine accident.Work safety authorities ordered the mine to suspend operations after a gas outburst on May 1, 2009. Production ever since has been illegal, said a statement from the Henan Provincial Administration of Work Safety.

BEIJING, May 3 (Xinhua) -- Senior Chinese leader Zhou Yongkang has called it a "major political task" to ensure security at schools and kindergartens, after a string of violent attacks against students."We must take fast action to strengthen security for schools and kindergartens to create a harmonious environment for children to study and grow up," said Zhou, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, Monday at a conference on maintaining stability.China has recently witnessed a surge in attacks at schools, the worst of which occurred in Nanping City, Fujian Province, when a man killed eight elementary school children in March.Zhou Yongkang (C), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses a conference on maintaining stability in Beijing, capital city of China, May 3, 2010.In the latest case, five kindergarten class children and a teacher were injured on Friday when a man attacked them with an iron hammer before killing himself at a school in Shandong Province.Zhou urged Party and government officials to keep in close contact with local communities, work units and families, and to know well public opinions and solve people's complaints.Zhou called for special care for "people in difficult situations" and urged local governments to prevent any extreme issues caused by exacerbated contradictions.On Saturday, the Ministry of Public Security issued an emergency circular ordering all necessary measures to be taken against school attackers in accordance with the law to stop a crime in progress.The ministry instructed police to work with education authorities to comprehensively screen all campuses and their surrounding areas for security risks.
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.
BEIJING, April 5 --The People's Bank of China says the country will be more open to foreign capital this year even though the prospect of a strong economic recovery is still unclear.Although the impending withdrawals of various countries' economic stimulus packages may also complicate the efforts to end the global economic crisis, the Chinese government has decided to increase the penetration of foreign capital into the country's financial industry in an appropriate way.An editorial in the "Global Times" quotes some western officials who said if China opened its market to western financial institutions the way it opened its market to five-star hotels, the potential risks would be huge for the country itself and the world at large.The editorial warns the doors to free trade should not swing open too quickly and that market openness should be managed at the right pace, as China has done during the past three decades. But it also notes that the stakes are higher in the country's financial industry. It argues that if China is fully open to foreign capital, the capital operation pattern common in developed economies such as the United States and several European nations will not suit its existing financial system on such short notice. As a result, chaos would erupt sooner or later in the financial sector.The editorial concludes that China should gradually liberalize its financial industry, because a sudden torrent of foreign capital would be undesirable. It calls for a prudent approach to financial liberalization that would yield a productive outcome as evidenced over the past three decades of gradual financial reform whereby more market competition has been encouraged and distressed loans have been effectively curbed. Such a policy has shielded China from being hit as severely by the current financial crisis and enabled it to rebound quicker than other advanced nations.
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