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SINGAPORE, July 23 (Xinhua) -- The first informal meeting of the Foreign Ministers of the Six-Party Talks on the Korean Peninsula nuclear issue concluded here on Wednesday with "very meaningful results", Chinese Foreign Minister Yang Jiechi said. In a news briefing after the close-door talks on the sidelines of the Association of Southeast Asian Nations (ASEAN) Ministerial Meeting, Yang said that the Six-Party Talks have "very meaningful results", adding that they exchanged views and deepened understanding and expressed the will of continued pushing forward the Six-Party Talks further. Yang said, "with joint efforts, the six parties agreed that the initial success has been achieved" and the informal talks "made useful preparation for the formal Six-Party Ministerial Talks in early day". The Chinese foreign minister said the six parties reaffirmed they will earnestly fulfill their commitment to the signed joint statements and related documents. Yang said all agreed the Six-Party Talks are an important platform for exchanging views and enhancing understanding, adding that the six parties should continue to enhance their exchanges so as to "achieve mutual benefit and win-win progress". L to R) South Korean Foreign Minister Yu Myung-hwan, United States Secretary of State Condoleezza Rice and Chinese Foreign Minister Yang Jiechi arrive at the venue of the first foregin ministers' informal meeting of the six-party talks on the Korean Peninsula nuclear issue, in Singapore, July 23, 2008"As the Chair of Six-Party Talks," Yang said, "China will continue to make contributions...." Yang said that although initial success has been achieved, yet "we have a lot of work to do". The six countries involved in the talks are DPRK (Democratic People's Republic of Korea), China, the United States, South Korea, Japan and Russia. In a statement issued late Tuesday night on ASEAN Plus Three (China, Japan and South Korea), ASEAN ministers welcomed recent developments that have contributed to regional peace and security in East Asia. They reiterated their support for the Six-Party Talks and for the eventual normalization of relations between the relevant Six-Party members. The latest round of talks was held in Beijing. Chief delegates of the six-party talks on the Korean Peninsula nuclear issue ended talks on July 12, agreeing to establish a verification mechanism for denuclearization.
BEIJING, Sept. 19 (Xinhua) -- Chinese President Hu Jintao on Friday urged all the members of the Communist Party of China(CPC) to put people's interests first and learn the bitter lessons from the latest security incidents. Addressing the opening ceremony of a seminar for the country's ministerial-level leaders in Beijing, Hu, also the General Secretary of the CPC Central Committee, said that the major accidents on work and food safety which occurred in some places of the country this year had incurred severe losses of people's lives and property. These accidents had indicated that some leaders lacked a sense of responsibility and had a loose governance, he said. These accidents also showed some of the leaders paid no attention to people's problems and complaints and were insensitiveto the problems which threats people's life security, said Hu. He urged all the leaders to fully understand the serious consequences of the accidents and learn the bitter lessons from the accidents. Those accidents reminded us once again that only by solving the problems emerged from the Party leaders ... and putting people's interests first, could the Party better lead the people towards the building of a well-off society, Hu said. The President also urged more efforts from the leaders to realize and safeguard the fundamental interests of the people. Leaders should strive hard to do practical and good things for the people and ensure that people benefits from the country's developing economy, he noted. More efforts should be made to mobilize people to be involved in the cause of the country's scientific development, and leaders should collect people's ideas and listen to their opinions in the process, he said.
BEIJING, June 20 (Xinhua) -- Chinese President Hu Jintao on Friday hailed the 60th anniversary of the People's Daily, the voice of the Communist Party of China (CPC), and extended his salute to all Chinese journalists. After inspecting the People's Daily, Hu encouraged reporters and editors to innovate their reporting styles and bring into a full play the paper's leading role. He sent his greetings to the paper's overseas correspondents and asked them to link the transformation of the international situation with China's reform and opening-up. This was to improve the quality and influence of the paper's international reporting. It has 33 overseas bureaus. Hu, also general secretary of the CPC Central Committee, visited people.com.cn, the online arm of the daily newspaper and a leading news portal in China. Over 11 years of development, the website now received about 100 million visits daily. He then held his first live online chat with netizens on Friday, telling them divergent voices could be heard in the country. Chinese President Hu Jintao (C) inspects the People's Daily, the voice of the Communist Party of China, in Beijing, capital of China, June 20, 2008. Hu on Friday hailed the 60th anniversary of the start of publication of the People's Daily and extended his salute to all Chinese journalistsHu, who said he sometimes found time to surf the web, said in his chat with netizens, "I try to know through the Internet what people are concerned about and what they think (on a wide range of topics)." "I'm willing to get an idea on people's complaints of and proposals to the work of our Party and the government. "The Internet is an important space to know about people's thoughts," said Hu, who revealed the BBS of people.com.cn was his must-visit while surfing the web. The "BBS" he mentioned was the Qiangguo Forum, with the literal meaning in Chinese of "powering the nation." The virtual-reality forum was initiated by netizens to express anger at the U.S.-led NATO forces bombing of the Chinese embassy in Belgrade in 1999. Since then, the forum has been one of the most popular venues for netizens to speak out. Hu's four minute live chat with netizens highlighted the recent efforts of the government to directly contact the people. He told the paper's staff that with the rapid social and economic development it's more convenient and faster now for people to obtain and spread information and the role of public opinion was more significant than ever. He asked newsmen to stick to the CPC principle, serve the people, constantly reform to enhance influence and strengthen the use of new media in their daily work.Chinese President Hu Jintao (C) inspects the People's Daily, the voice of the Communist Party of China, in Beijing, capital of China, June 20, 2008. Hu on Friday hailed the 60th anniversary of the start of publication of the People's Daily and extended his salute to all Chinese journalists
BEIJING, June 9 (Xinhua) -- Chinese Premier Wen Jiabao on Monday said the medical treatment and epidemic prevention tasks in the quake regions were still tough and no relaxation would be allowed. Presiding over a quake relief meeting here, Wen urged bolstering the treatment of the injured to minimize fatalities and disability. Chinese Premier Wen Jiabao speaks during the quake relief meeting in Beijing on Monday, June 9, 2008. He stressed that the medical treatment and epidemic prevention tasks in the quake regions were still tough and no relaxation would be allowed.He urged local governments to resume as soon as possible the prevention and control of endemics and health supervision systems, strengthening epidemic surveillance and reporting, and enhancing the supervision of drinking water and food safety. He said that normal medical services should also be restored as soon as possible to guarantee the basic medical need of quake victims. Under concerted efforts from relevant sides, the epidemic prevention work was progressing in a forceful, orderly and effective way, Wen said. All affected people in all counties, towns, villages and temporary settlements had been covered. No concentrated epidemic outbreaks or emergent public health incidents had been reported, according to the meeting. The 8.0-magnitude earthquake rocked the southwestern Sichuan Province and neighboring regions, including the northwestern Gansu and Shaanxi provinces on May 12. As of Monday noon, it had taken 69,142 lives, injured 374,065 people, left 17,551 missing and 46.25 million affected. The meeting was also briefed on the quake relief work in Gansu and Shaanxi, which also suffered great losses. It directed the two provinces to resume production in the affected areas at the earliest date possible and to rehabilitate the infrastructure. The central government would provide support in policies, capital and material, the meeting said.
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.