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BEIJING, April 5 (Xinhua) -- China will strengthen oversight of listed securities companies by promoting information transparency. On Saturday, China Securities Regulatory Commission (CSRC) introduced a regulation which said securities companies should remind investors about potential risks when shareholders decide to launch a new business or introduce an innovative business. The annual report and half-year report by listed securities companies should include risk assessment conditions, as well as reasons for risk and probable effects. Photo taken on April 1, 2009 shows a woman smiles before a stock price electronic board in Beijing. China's benchmark composite stock index on the Shanghai Stock Exchange closed at 2408 points on Tuesday In addition to the annual operation report, companies were asked to deliver a supervision and monitoring annual report which includes audit and accounting information. If a company or high-rank official is involved with serious illegal activity, and that results in worsening financial condition, the company should inform all shareholders. The CSRC said the regulation, which was made on the basis of the Securities Law, took effect April 3.
VALLETTA, Feb. 22 (Xinhua) -- Chinese Vice President Xi Jinping concluded his six-nation tour here Sunday and left for home. Xi arrived in Valletta on Saturday for a two-day official visit to Malta. During his visit, Xi met with Acting Maltese President George Hyzler, Speaker of House of Representatives Louis Galea and held talks with Prime Minister Lawrence Gonzi. During the meeting with Hyzler, Xi said that Sino-Maltese relations have been developing very well in recent years, with a frequent exchange of high-level visits, enhanced mutually beneficial cooperation, and active exchanges in such fields as culture, education and judicature. Chinese Vice President Xi Jinping (R, front) inspects the honor guards at a welcoming ceremony held by Maltese Prime Minister Lawrence Gonzi (L, front) in Valletta, capital of Malta, Feb. 22, 2009. China and Malta understand and support each other in major international and regional affairs, he said, adding that the two nations are "old friends and good friends" that have stood the test of time. For his part, Hyzler thanked China for the sincere help it has provided for Malta, and congratulated China on the great achievements of its modernization drive. He also noted that there has been a good cooperative relationship between Malta and China. Chinese Vice President Xi Jinping (L3, rear) and Maltese Prime Minister Lawrence Gonzi (L4, rear) attend a signing ceremony for a series of agreements between China and Malta, in Valletta, capital of Malta, Feb. 22, 2009While meeting with Galea, Xi said that parliamentary exchange is an important part of Sino-Maltese relations, and that strengthening exchange and cooperation between the two sides is of great significance for the development of bilateral ties and friendship between the two peoples. Both Hyzler and Galea reaffirmed that the Maltese government and parliament will firmly stick to the one-China policy. During talks with Prime Minister Gonzi on Sunday morning, Xi said China hopes to consolidate Sino-Maltese cooperation in bid to obtain new and fruitful results through actions to deal with the challenges stemmed from the financial crisis. Together with Gonzi, Xi attended the signing ceremony for a number of agreements on bilateral cooperation in economy, culture and judicature. On Saturday, the Chinese vice president also met with former President Guido de Marco and Labor Party leader Joseph Muscat. Malta was the final leg of Xi's six-nation tour, which also took him to Mexico, Jamaica, Colombia, Venezuela and Brazil.
CARACAS, Feb. 17 (Xinhua) -- Chinese Vice President Xi Jinping arrived midday on Tuesday in Caracas for an official visit to Venezuela. In a written speech issued at Simon Bolivar International Airport, Xi said that he came to strengthen friendship, amplify consensus, deepen cooperation and to promote development. Chinese Vice President Xi Jinping (L Front) is greeted by Venezuelan Vice President Ramon Carrizales (R Front) upon his arrival in Caracas, capital of Venezuela, Feb. 17, 2009. Xi Jinping arrived in Caracas on Feb. 17 for an official visit to Venezuela. He said that with his visit the China-Venezuela strategic partnership for common development is expected to obtain further advance. Venezuelan Vice President Ramon Carrizales, Minister of Foreign Affairs Nicolas Maduro, Chinese Ambassador in Caracas Zhang Tuo and representatives of local Chinese community welcomed Xi at the airport. Xi came from official visits in Mexico, Jamaica, Colombia, and will continue his six-nation tour in Venezuela, Brazil and Malta. Chinese Vice President Xi Jinping (L2 Front) is greeted by Venezuelan Vice President Ramon Carrizales (R Front) upon his arrival in Caracas, capital of Venezuela, Feb. 17, 2009. Xi Jinping arrived in Caracas on Feb. 17 for an official visit to Venezuela.Chinese Vice President Xi Jinping (L Front) receives a bunch of flowers presented by a staff member of the Chinese Embassy to Venezuela greeting him upon his arrival at the airport in Caracas, capital of Venezuela Feb. 17, 2009. Xi Jinping arrived in Caracas on Feb. 17 for an official visit to Venezuela
BEIJING, April 15 (Xinhua) -- Chinese Premier Wen Jiabao held official talks with his Papua New Guinean counterpart Michael Thomas Somare here on Wednesday, pledging closer bilateral cooperation in various areas.Citing the profound friendship between the two countries, Wen said China is willing to keep high-level contacts and party-to-party exchanges with Papua New Guinea. Chinese Premier Wen Jiabao (R) shakes hands with Papua New Guinea's Prime Minister Michael Somare at the Great Hall of the People in Beijing, capital of China, on April 15, 2009 The Chinese government supports its competitive companies to invest in Papua New Guinea, and carry out substantial cooperation with the country based on equality and mutual benefits, Wen said. The current financial crisis had posed greater difficulties to less developed countries including island countries, Wen said, adding China would seriously fulfill its commitment of the United Nations Millennium Development Goals, and help countries involved to get over the difficulties. Chinese Premier Wen Jiabao (L) and Papua New Guinea's Prime Minister Michael Somare review the honor guard at the Great Hall of the People in Beijing, capital of China, on April 15, 2009.Somare applauded the great achievements of bilateral ties since the establishment of diplomatic ties in 1976, citing frequent high-level visits, deep political trust and fruitful cooperation in all fields. He said his government and people are grateful to the support and help China offered to Papua New Guinea's economic and social development. Calling China a sincere cooperation partner, Somare reiterated Papua New Guinea's adherence to the one-China policy. He hopes China could continue its support for Papua New Guinea in diversified areas including education and public health. The two premiers also attended the signing ceremony of a series of bilateral economic and technological cooperation agreements after their talks. Somare is to visit south China's Hainan Province for the 2009 meeting of the Bo'ao Forum for Asia (BFA) from April 17 to 19.
WASHINGTON, March 11 (Xinhua) -- The U.S. House of Representatives on Wednesday adopted a resolution on Tibet in gross interference in China's internal affairs. The resolution neglected the remarkable and widely recognized progress in Tibet in politics, economy, culture and society over the past 50 years. It also repeated groundless accusations against the Chinese government over its Tibet policy and voiced support for the ** Lama's separatist activities. Chinese Foreign Ministry spokesman Ma Zhaoxu urged the U.S. representatives Tuesday to follow the basic norms guiding international relations and stop pushing the bill on Tibet. "The Tibet issue is purely China's domestic issue. The Chinese government and people, as always, oppose any country or anyone to interfere in China's internal affairs on the pretext of the Tibet issue," he said. This year marks the 50th anniversary of the end of feudal serfdom in Tibet. Fifty years ago, the central government of China foiled an armed rebellion by the ** Lama and his supporters to block reform in Tibet and split the region from China. On March 28, 1959, a new local Tibetan government was formed, freeing millions of Tibetan serfs and slaves, who accounted for more than 90 percent of the then population. "Over the past 50 years, Tibet has undergone profound changes in political, economic and cultural sectors and millions of serfs have become owner of Tibet," Ma said. However, with the backing of certain anti-China elements in the West, the ** Lama and his followers have continued to pursue either disguised or undisguised activities in an attempt to separate Tibet from China and restore feudal serfdom in the region. On March 14 last year, followers of the ** Lama staged riots in Lhasa to put pressure on the central government. Their violence resulted in the deaths of 18 civilians and huge property losses.