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SEOUL, Nov. 12 (Xinhua) -- China and South Korea can borrow judicial experiences from each other, Chinese Chief Justice Wang Shengjun said here Friday.There is significant room for cooperation between the judicial courts of the two countries, especially in such areas as administrative management, information technology applications, and training of judges, said Wang, president of China's Supreme People's Court (SPC).Wang praised the information technology applications at the grassroots judicial courts in South Korea.He said that his visit to South Korea was fruitful and hoped that the two sides would expand exchanges and cooperation further and make contribution to the development of the relationship between the two countries.Wang arrived here Sunday to visit at the invitation of the Supreme Court of South Korea.During the visit, Wang held talks with various South Korean judicial officials and discussed topics of common concern, such as judicial systems and reforms.
BEIJING, Nov. 22 (Xinhua) -- Chinese Ministry of Public Security said Monday that the nation's police authorities had shut down 500 underground banks since 2002 in its battle against money laundering.Ten crack-down campaigns have be waged since 2002 when the ministry set up a division dedicated to anti-money laundering, in which over 100 cases involving more than 200 billion yuan (30 billion U.S. dollars) have been handled, the ministry said in a statement.The ministry has trained more than 400 police officers specialized in handling money laundering cases over the past eight years, said the statement.In order to promote international cooperation, China joined the Moscow-based Eurasian Group on Combating Money Laundering and Financing of Terrorism as a founding member state inn October 2004.In June, 2007, China joined another international anti-money laundering organization, the Paris-based Financial Action Task Force on Anti-Money Laundering.

ASHGABAT, Nov. 26 (Xinhua) -- China and Turkmenistan have agreed to continue expanding and deepening cooperation so as to push forward their relations of friendship and cooperation in an all-round way.Both sides made the commitment Thursday at the first meeting of the Sino-Turkmen cooperation committee, which was co-chaired by visiting Chinese Vice Premier Wang Qishan and Turkmen Deputy Prime Minister Baymyrat Hojamuhammedov.Wang said that the meeting marked the beginning of a new phase in Sino-Turkmen cooperation, and that the committee's functions of planning, guiding and coordinating cooperative matters should be given full play in a bid to continue to promote cooperation and friendly cooperative ties between the two countries.Chinese Vice Premier Wang Qishan (C, front) speaks at the first meeting of the Sino-Turkmen cooperation committee in Ashgabat, capital of Turkmenistan, Nov. 25, 2010.Wang hailed the close high-level exchanges and the ever deepening political mutual trust between the two nations in recent years, as well as their smooth cooperation, particularly in the energy sector.The China-Central Asia gas pipeline has become a landmark of the two countries' friendly cooperation, he said.Wang, meanwhile, spoke highly of the two countries' exchanges in culture and education fields, and their firm mutual support on major issues concerning each other's core interests such as sovereignty, security and territorial integrity.China and Turkmenistan should deepen collaboration in natural gas and oil areas, ensure the long-term, stable, efficient and safe operation of the China-Central Asia gas pipeline, carry out the exploring projects of oil fields, Wang noted.He added that they should also promote cooperation in the sectors of transportation, telecommunication, infrastructure building, high-tech, textile and agriculture.The two sides should also enhance exchanges in culture, security and law enforcement, crack down on the three evil forces of terrorism, separatism and extremism, in order to maintain the safety and stability in the two countries and the entire region at large, Wang said.Hojamuhammedov, for his part, said the launching of the cooperation committee is a big event for bilateral ties.He noted that China, as an important neighbor, always respects the independence and sovereignty of Turkmenistan. He called China an intimate friend and reliable partner.Turkmenistan sees China as a strategic partner and will support as always China's stance on issues like safeguarding national reunification and territorial integrity and combating the three evil forces, the Turkmen leader said.He also pledged continuous efforts in promoting cooperation with China in such fields as energy, education, art, tourism and security.The two sides will hold the second meeting of the cooperation committee in China in 2012.Before arriving in Turkmenistan, Wang had already visited Russia, where he attended the 14th meeting of the Joint Commission for the Regular Meetings of Heads of Government of China and Russia, and the meeting of the China-Russia Energy Negotiation representatives.
BEIJING, Dec. 30 (Xinhua) -- China has made steady progress in containing the spread of illegal publications and cracking down on the dissemination of lewd content through the Internet and mobile phones in 2010, according to the National Office Against Pornographic and Illegal Publications.The office has recently disclosed the following facts and figures about the related efforts China has made so far this year:-- Around 44.37 million copies of illegal publications, including 981,000 copies of lewd content, 37.35 million pirated copies, some 3.93 million illegal copies of newspapers and magazines, among others, have been confiscated across China.-- More than 16,000 cases, including over 10,000 ones of pirated publications, 1,669 cases involving pornography, and 371 cases involving fake journalists, news reports or media outlets, have been uncovered this year.-- China has shut down more than 60,000 porn websites since launching a crackdown in December 2009.-- Law enforcers across China during a campaign launched in April had destroyed a total of 36.39 million copies of pirated or illegal publications, audio and video discs.-- The office has received over 170,000 tip-offs, mostly about the online or cellphone-based spreading of porn content this year and 534 people have been rewarded 544,000 yuan (81,964 dollars) for the information provided.-- Authorities in Zhongshan City of southern Guangdong Province shut down a huge disc-producing outfit with five production lines and confiscated 3.87 million illegal discs.
BEIJING, Dec. 6 (Xinhua) -- A well-known economist said Monday that the biggest problem in China is not inflation, but shifting its economic structure to maintain sustainable growth."The biggest challenge faced by China is economic restructuring in order to shift the economy to a more balanced way that will provide sustainable economic growth," Stephen Roach, former chairman of Morgan Stanley Asia, told Xinhua."In the post-crisis environment, the shift means to build a consumer-led economy, and that is the overriding challenge in China," said Roach, who currently serves as non-executive chairman of Morgan Stanley Asia.Residents' incomes in China remain at a low level. "People's incomes are only 42 percent of the GDP, whereas in the US the rate is 86 percent. So the government should raise the income of the citizens, especially when China wants to stimulate domestic private consumption," said Roach."Of course, that does not mean the Chinese government should ignore the risk of higher inflation," he said.Official data showed that China's October Consumer Price Index (CPI), a major gauge of inflation, rose to a 25-month high at 4.4 percent."There is a certain amount of momentum to inflation, so it's likely to be the a problem over the next 12 months. If the government acts quickly, it will be able to limit the problem, or else China could be facing this problem in 2012 as well," said Roach.Roach suggested China should take broad and comprehensive approaches in dealing with inflation, and the medium-term goal of the shifted economic structure need to be maintained."The government has to demonstrate its resolve in dealing with inflation, and property market assets. It's a challenge, but I think the government is up to the challenge," according to Roach.
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