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BEIJING, May 29 -- The Asian Development Bank (ADB) has called on Asian economies to strengthen their infrastructure investment through an effective financing framework to achieve higher and more sustainable growth.To that end, the bank said that as much as 0 billion would have to be invested annually in infrastructure across the region from 2010 to 2020. This means that around .25 trillion would be invested in that period in national and cross-regional infrastructure projects."In view of Asia's enormous untapped economic potential and the global financial crisis, now is the time to build efficient and seamless connections across Asia and with the rest of the world for a more competitive, prosperous and integrated region," said Masahiro Kawai, dean and CEO of the ADB Institute.A man working at the construction site of a railway line in Hainan province. The required infrastructure investment in the next 10 years is expected to produce income gains of about trillion across Asia.To meet the financing needs, the region could build an effective framework to mobilize its vast domestic savings as the main source, while encouraging private financing and participation involving public-private partnerships through "bankable" projects, said Kawai.He also suggested the strengthening of national and regional local currency bond markets, notably through the Chiang Mai Initiative, the Association of Southeast Asian Nations + 3 bond market initiative, and the Asian Bond Fund.
SHANGHAI, April 27 (Xinhua) -- Chinese Vice Premier Wang Qishan has urged continued efforts to ensure all goes well at the Shanghai World Expo.Speaking at the tenth meeting of the Expo organizing committee in Shanghai Tuesday, the Vice Premier, who heads the expo organizing committee, said security and good order are the two keys to a successful World Expo.With the expo opening on May 1, preparations must be scrupulous to ensure nothing goes wrong, he added.Yu Zhengsheng, Shanghai's Party Chief, said some problems surfaced in the six trial operations of the expo park, adding they need to be corrected in a timely manner.He said the problems should be treated in a matter-of-fact way. He said the organizers will be upfront about the problems but not exaggerate them.
YUSHU, Qinghai, April 25 (Xinhua) -- Chinese Vice Premier Hui Liangyu Saturday stressed that the quake relief work in northwest China's Qinghai Province should focus on resettling survivors and the area's reconstruction."The focus should now be shifted from searching the quake victims and treating the injured and building temporary shelters to resettling survivors, restoring social order and carrying out reconstruction," Hui said at a meeting held Friday night in Qinghai.Saturday was the last day for rescuers to comb the quake-hit Yushu region in a bid to find survivors buried underneath the rubble. Chinese Vice Premier Hui Liangyu (2nd R) visits a woman injured in earthquake in Gyegu Town of quake-hit Tibetan Autonomous Prefecture of Yushu, northwest China's Qinghai Province, April 23, 2010. The death toll from the 7.1-magnitude earthquake on April 14 climbed to 2,203 as of 5 p.m. Saturday, with 73 people still missing, more than 12,000 injured, tens of thousands of residential buildings flattened and huge economic losses.
BEIJING, April 8 (Xinhua) -- China on Thursday called for Asian media organizations to work closely on building a harmonious Asia.Li Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the call in a meeting with a delegation of Asian News Network (ANN), which consists of 19 leaders representing newspapers in 15 Asian countries and regions.Li extended a warm welcome to the media leaders, who came to Beijing for ANN's annual meeting."The in-depth discussions among Asian media organizations will help increase understanding and friendship among Asian nations, strengthen Asian media cooperation and boost the development of the Asian and global media industry," Li said. Li Changchun(C, front), member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with a delegation of Asian News Network (ANN), which consists of 19 leaders representing newspapers in 15 Asian countries and regions, in Beijing, April 8, 2010.Founded in 1999, ANN is the world's biggest newspaper alliance, grouping 21 newspapers in 19 Asian countries and regions.Li called on all members of the ANN to work more closely, spread the ideals of peace, development, cooperation and common prosperity so as to build a harmonious Asia and make contributions for a better future for Asian people.Pana Janviroj, ANN's secretary general, said the ANN's annual meeting in Beijing enabled a better knowledge of China's development and deepened communication and friendship with Chinese media organizations.
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.