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BEIJING, Dec. 29 (Xinhua) - Offenders of China's new regulations on waste electronic equipment could face fines up to 500,000 yuan (75,450 U.S. dollar), after it becomes effective on Saturday.The regulations could be regarded as the country's latest effort to promote comprehensive utilization of resources and environmentally friendly economy, Wan Bentai, chief engineer of the Ministry of Environmental Protection, said Tuesday.The ministry has introduced a set of supplementary guidelines for the implementation, which, for example, specify rules and procedures regarding issues including recyclers' qualification and governmental subsidies to e-waste recycling initiatives, Wan said.Recyclers which engage in e-waste recycling business without certificates could face fines ranging from 50,000 yuan to 500,000 yuan, according to the regulation.Wan estimated that nearly 30 million units of televisions, refrigerators, washing machines, air conditioners and computers were discarded in China each year.Those e-wastes, sometimes simply burned or soaked in strong acid, had severely polluted the environment in many locations in the past, said Wan.He believed that the new regulation made "remarkable progress" in environmental protection by extending manufacturers' responsibility into the post-use recycling of their products.

BEIJING, Dec. 3 (Xinhua) -- During the 11th Five-Year Plan period (2006-2010), China spent 3.26 trillion yuan on social security, an annual increase of 17.6 percent, the Ministry of Finance (MOF) told Xinhua Friday.Wang Jun, vice minister of the MOF, said in the 2006-2010 period, the social security expenditure from the central government stood at 1.4 trillion yuan (210.19 billion U.S. dollars), which was 2.1 times the expenditure in the previous five years.As the improvement of civil welfare is a crucial component of the harmonious society China is pursuing, financial authorities at all levels should continue to raise investments in social security when making the 2011 fiscal budget and plans for the 12th Five-Year Plan starting from 2011, Wang said.

BEIJING, Dec. 8 (Xinhua) -- China's Ministry of Finance said here Wednesday that it will sell a batch of 30-year long-term book-entry treasury bonds this week at a yield of 4.23 percent.The bonds, with a total face value of 28 billion yuan (about 4.2 billion U.S. dollars), will be sold over five days starting Thursday, said the ministry in a statement on its website.The bonds are the 40th batch of the kind to be sold by the ministry this year, and will be the fifth batch of 30-year T-bonds the ministry has sold this year.The bonds will become tradable on Dec. 15 through the national inter-bank bond market and over the counter at designated commercial banks. Interest will be paid every half year.

ISLAMABAD, Dec. 18 (Xinhua) -- Chinese Premier Wen Jiabao met with Pakistani President Asif Ali Zardari here on Saturday, and the two leaders agreed to boost the traditional China-Pakistan friendship.Wen said he felt the profound and brotherly feelings of the Pakistani people when he landed in the country for a second time after five years.The Chinese premier, who arrived here Friday, said China values the time-tested friendship with Pakistan and hopes to expand bilateral cooperation.In the new global and regional situation, Wen said China and Pakistan are facing new opportunities and challenges to develop their ties.China will maintain the frequent exchanges of visits by state leaders and increase dialogue at different levels, he said.Visiting Chinese Premier Wen Jiabao (L) shakes hands with Pakistani President Asif Ali Zardari during their meeting in Islamabad, capital of Pakistan, Dec. 18, 2010. The two countries will enhance their strategic coordination, scale up the cooperation of mutual benefit, better safeguard their shared interests and realize common development, Wen said.Regarding the floods which hit Pakistan this summer and caused huge losses, Wen said the Chinese government and people shared the pain of the Pakistani people.China would help the flood-hit Pakistanis to weather through the difficulties and rebuild their homes, the Chinese premier said.Zardari, for his part, said China and Pakistan are true partners and close brothers with multi-dimensional cooperation, holding the same or similar positions on key regional and international issues.The ever-deepening friendship has contributed to the economic development and the social harmony in both countries, and also helped promote regional peace, stability and development, the president said.Wen's visit to Pakistan, which is significant and fruitful, will push the bilateral relations to a new high, he said.Wen arrived here Friday for a three-day visit.

ST. PETERSBURG, Russia, Nov. 22 (Xinhua) -- Visiting Chinese Vice Premier Wang Qishan met his Russian counterpart Alexander Zhukov on Monday, both speaking highly of the bilateral ties and vowing to expand cooperation on all fields.In the 14th meeting of the Joint Commission for the Regular Meetings of Heads of Government of China and Russia, Wang appreciated Sino-Russian relations as the two countries have further strengthened their strategic partnership of coordination, promoted mutual understanding and boosted pragmatic cooperation in all areas.He said bilateral trade volume between the two countries has rebound to the pre-crisis level, with comprehensive energy cooperation, covering areas of crude, nuclear power, electricity and coal, being further developed.Bilateral economic cooperation with significant strategic nature has been maintaining momentum, Wang said, appreciating its achievements in some joint projects of finance and infrastructure.Wang also noted that Sino-Russian economic cooperation is standing at a new start, as China is drafting the "twelfth five- year" development plan to transform its pattern of economic growth and Russia is implementing its strategy for modernization.Both countries should grasp the opportunities to boost bilateral cooperation in economy and trade, investment, energy, finance, technology, aerospace, telecommunication, transport and other fields, he said.Wang stressed China is willing to jointly endeavor with Russia to ameliorate bilateral trade structure, further promote and innovate cooperation to achieve the goal of win-win.With regards to his regular meeting with Zhukov, Wang spoke highly of the meeting as it was a bolster for the upcoming meetings of Chinese Premier Wen Jiabao with Russian leaders.Wang appreciated this dialogue mechanism between China and Russia, saying the two countries should continue candid communication and boost bilateral cooperation to achieve more fruits.Zhukov appreciated the Sino-Russian economic and trade cooperation as it has stood the test of the global financial crisis and revived to growth.He also spoke highly of bilateral energy cooperation in nuclear power, coal, electricity and timber, noting that the completion of Sino-Russian pipeline has upgraded the level of practical cooperation.Both countries are effectively carrying out interlocal outlines issued before, Zhukov said, adding that Russia will take the opportunity of this meeting to further boost bilateral cooperation to a new level.At the invitation of Deputy Prime Ministers Alexander Zhukov and Igor Sechin, Wang arrived in St. Petersburg on Nov. 21, kicking off his visit to Russia.On Monday, Chinese Premier Wen Jiabao also arrived in St. Petersburg, starting his official visit to Russia.

来源：资阳报