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BEIJING, Feb. 27 (Xinhua) -- Chinese Premier Wen Jiabao mainly focused on domestic issues and challenges during his second annual online chat here Saturday with the public, in which he described 2010 as "the most complicated year" for the country.In the two-hour live webcast, Wen answered more than 20 questions, touching on the country's severe employment situation, fledgling economic recovery, soaring housing prices, inflation, corruption, and a cross-Strait economic pact. Chinese Premier Wen Jiabao (L) chats on-line with netizens at two state news portals in Beijing, capital of China, Feb. 27, 2010. The two major portals, namely www.gov.cn of the central government, and www.xinhuanet.com of Xinhua News Agency, jointly interviewed Premier Wen on Saturday with chosen questions raised by netizensWen did not touch much on major international issues, except trade conflicts with the United States. The Premier vowed the country would keep open to the outside world when mentioning the up-coming Shanghai World Expo.In a white shirt and a dark jacket, Wen answered questions with "frankness and sincerity" as netizens described. Some scrupulous watchers even posted messages, saying that "He dressed exactly the same as in last year's online chat," which was also ahead of the country's annual Parliament session.In his opening remark, Wen said, "I do not feel so nervous this time, but still cherish this opportunity, as such kind of opportunities remain limited." Chinese Premier Wen Jiabao chats on-line with netizens at two state news portals in Beijing, capital of China, Feb. 27, 2010. The two major portals, namely www.gov.cn of the central government, and www.xinhuanet.com of Xinhua News Agency, jointly interviewed Premier Wen on Saturday with chosen questions raised by netizens"The problems of public concern often keep me up night after night, searching for solutions," he said.Noticing that both netizens' questions and premier's remarks focused on domestic issues in this high-profile event, observers said the phenomenon may exactly illustrate that China was still a developing country with numerous thorny issues of its own.The chat seems to support the belief of Chinese leaders that the country's most pressing task is to address domestic issues, they said.Wen did not talk too much about the widely concerned international affairs, such as climate change or the relations with neighboring countries.Prof. Zheng Yongnian, director of East Asia Institute of National University of Singapore said, "it is reasonable that China is paying more attention to domestic issues, as China's handling of domestic issues, if properly, is itself a contribution to the international society."The adroit handling of domestic issues is the foundation for China to hold other responsibilities in the international society, " he added.
BEIJING, Feb. 8 (Xinhua) -- As the U.S. President Barack Obama vowed to get "much tougher" with China on exchange rates and trade, economists from Beijing said China should not give in to increased U.S. pressure that stems from its domestic problems.Obama's talk of putting "constant pressure" on China to strengthen the yuan so to ensure the price of U.S. goods was not artificially inflated has drawn heated comments from economists in Beijing."His words are only aimed to appeal to domestic interest groups," said Tan Yaling, an expert at the China Institute for Financial Derivatives at Peking University.Given China's growing international clout and the lack of jobs in the United States, Obama will certainly try to make China change its currency policy as this is an easy way to weaken China's export industry, she said.It was also a relevant tactic given the President was losing ground in opinion polls and facing tough conditions leading up to the mid-term election later this year, she said.Although the U.S. economy recovered to 5.7 percent growth in the fourth quarter last year, a record high in six years, jobless rate surged to more than 10 percent.Fiscal deficit is set to hit 1.56 trillion U.S. dollars in 2010, or 10.6 percent of its GDP, a new record since the Second World War.In the State of the Union Address on Jan. 28, Obama made it clear he would focus on jobs in 2010 and pledged to double exports in five years which could create 2 million jobs in the States.Tan Yaling said Obama's export drive could not fix the job problem, while a stronger yuan would add costs for U.S. consumers.RESIST PRESSUREIt's an old trick for the U.S. to force its major trade partners to appreciate their currency to help itself in a time of crisis, said Zhang Yansheng, director of the Institute of Foreign Trade of the National Development and Reform Commission."China's reforms, including exchange rate reform, should be independent of other countries," he said.He noted China's currency policy should comply with the country's macroeconomic conditions and industry restructuring. As many exporters' sales were just starting to pick-up, a rising renminbi would hurt their fragile recovery.Many foreign experts also agreed that the appreciation of the renminbi would not remedy the global economic imbalance.A 20 percent rise in the yuan and other major Asian currencies would at best lead to a rise in U.S. exports worth 1 percent of gross domestic product, as the International Monetary Fund (IMF) estimates suggested, said Olivier Blanchard, Economic Counsellor and Director of the Research Department of IMF."I think it's very important not to bash China over the RMB. What China should do, and is actually doing, is to decrease its saving rate, thus increase domestic demand, and reorient production to satisfy this higher domestic demand," he said in an interview with Reuters on Jan. 29.The renminbi has gained around 21 percent since July 2005 when the government delinked the yuan from the U.S. dollar. However, China's trade surplus with its major trading partners did not fall accordingly."The exchange rate of renminbi is not the main reason for the Chinese-U.S. trade deficit," Foreign Ministry Spokesman Ma Zhaoxu said Thursday."We expect the United States to view bilateral trade issues rationally and to negotiate fairly. Accusation and pressure would not bring a solution," said Ma.
UNITED NATIONS, Jan. 21 (Xinhua) -- A senior Chinese diplomat announced here on Thursday that China has decided to contribute an additional 2.6 million U.S. dollars in cash to quake-hit Haiti and send a 40-member medical care and epidemic prevention team to the Caribbean country.The announcement came as Liu Zhenmin, China's deputy permanent representative to the United Nations, was taking the floor at the second briefing/pledging conference of the UN Office for the Coordination of Humanitarian Affairs (OCHA) for Earthquake in Haiti, which opened here on Thursday afternoon.A strong earthquake on Jan. 12 has left many people dead, including 61 UN staff members working in the island country, and a lot of buildings damaged or destroyed.Cao Li (L), a member of China International Search and Rescue Team, gives psychotherapy to a young Haitian woman in Port-au-Prince Jan. 20, 2010. Members of China International Search and Rescue Team came to a local medical center on Wednesday to offer medical help and psychological consultations to people injured at the Jan. 12 earthquake."At today's meeting, I am honored to announce that the Chinese government has decided to contribute an additional 2.6 million U.S. dollars in cash to Haiti, send a 40-member medical care and epidemic prevention team to Haiti and provide additional medicine and medical equipment to the country," Liu said."We support the United Nations in playing an important coordinating role in disaster relief and reconstruction in Haiti," he said. "We hope that the Haitian people, with the help of the international community, will overcome the difficulties, rebuild their homes and achieve self-reliance at an early date."The new Chinese contribution follows a Jan. 13 decision of the Red Society of China to donate one million U.S. dollars in cash to Haiti, he said. "On Jan. 15, the Chinese government announced its decision to provide 30 million yuan (about 4.4 million U.S. dollars) worth of humanitarian emergency supplies to Haiti."The first charter plane loaded with these supplies arrived in Haiti on Jan. 17, bringing to the local people medicine, tents, portable emergency lights, water purification equipment, food, drinking water and clothes, he said. "The second plane, which was delayed due to limited capacity of the Haitian airport, will arrive on Jan. 26."Since Jan. 13, the 60-member emergency rescue team sent by the Chinese government has fully engaged in disaster relief in the Haitian capital Port-au-Prince, he said. "The team has carried out effective search and rescue operations at the headquarters of MINUSTAH (the UN Stabilization Mission in Haiti), the prime minister's palace and other places, with a number of bodies found, including those of Special Representative Hedi Annabi of MINUSTAH and other UN staff.""The medical team of the Chinese rescue team are providing medical support for several hundred local people everyday," he said. "At this very moment, the Chinese international rescue team is still working at this forefront of disaster relief in Haiti and doing its utmost to help more people affected by the earthquake."Since the earthquake struck Haiti on Jan. 12, the international community has worked in solidarity to offer a helping hand to the Haitian people and government, he said. "At present, disaster relief in Haiti is in full swing.""The Chinese government highly commends the timely and effective assistance provided to Haiti by the United Nations, which has won the wide acclaim of the international community and laid a good foundation for the next phase of reconstruction efforts," he said.
BEIJING, March 2 (Xinhua) -- Chinese President Hu Jintao and high-ranking military officials on Tuesday watched a play honoring an outstanding military archivist.Liu Yiquan had worked as a file clerk and later a consultant at the archives of the People's Liberation Army (PLA) for about 38 years. He had collected more than 830,000 pieces of military archives, which was regarded as a special contribution to the army.Despite being diagnosed with terminal cancer in 2008, Liu continued to work hard. He died on Jan. 28 at the age of 59. Hu Jintao (C), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, meets with performers after watching a drama honoring Liu Yiquan, late file clerk at the archives of the People's Liberation Army, in Beijing, capital of China, March 2, 2010His exemplary deeds were known in China last year following media reports. The play, "Sheng Ming Dang An," or "Archives of Life," was based on his life story and debuted in November last year.Hu, also chairman of the Central Military Commission, visited Liu on Nov. 28 last year when Liu was receiving treatment at hospital. Hu had praised Liu as a role model and asked the Chinese Communist Party members and military personnel to learn from him.Liu had also been honored by the U.S. military authorities for his role in helping identify some key documents that could lead to the repatriation of the remains of the United States personnel who disappeared during and after the Korea War (1950-1953).
BEIJING, Feb. 22 -- The Chinese central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation's car market.Statistics from the China Association of Automobile Manufacturers (CAAM) show that 4.58 million Chinese-brand passenger vehicles were sold last year, some 44.3 percent of the total. Through an acquisition deal with Aviation Industry Corp last year, Chang'an Auto closed the biggest asset deal between State-owned auto enterprisesSales of domestic sedans hit 2.22 million units, almost 30 percent of the segment.The new policy will also focus on accelerating consolidation between automakers and could lead to a new round of reshuffling, industry insiders said.China became the world's largest auto producer and market last year with both production and sales surpassing 13.5 million vehicles due in part to government incentives.There are now more than 130 carmakers across the country, but most of them are small enterprises with annual production and sales of fewer than 10,000 units.Only five had sales of more than 1 million units last year as the country's top 10 carmakers moved a total of 11.89 million vehicles to account for 87 percent of overall sales, according to market data.Consolidation movesLast year, Chang'an Motor Corp acquired two minivan makers - Hafei and Changhe - as well as engine producer Dong'an Auto from the Aviation Industry Corp of China (AVIC), marking the biggest asset deal ever between State-owned auto companies.Chang'an is the fourth-largest motor group in China and the local partner of US carmaker Ford Motor and Japan's Mazda and Suzuki. After the acquisition, Chang'an's 2009 sales were only 30,000 units behind Dongfeng, the country's third-largest motor group.Guangzhou Automobile Group Corp, the country's sixth-biggest automaker, bought a 29 percent stake of Shanghai-listed SUV maker Changfeng Motor Co Ltd for 1 billion yuan in May last year.Beijing Automobile Industry Holding Corp, China's fifth-largest carmaker, reportedly finalized a deal last month to buy a 40 percent stake in Daimler AG's van joint venture with Fujian Motor Industry Corp.By 2012 policymakers hope consolidation will result in two to three large-scale auto groups, each with annual production capacity surpassing 2 million units, and four to five companies with annual output of more than 1 million vehicles, according to the national auto industry revitalization plan released in March last year.The current top-four Chinese motor groups are SAIC Motor Corp, FAW Group, Dongfeng Motor and Chang'an Motor. Carmakers including Beijing Automobile, Guangzhou Automobile, Chery, Geely and Sinotruk form the second tier in the country's auto industry.Going globalLi Yizhong, minister of Industry and Information Technology, said recently that in addition to fueling industry consolidation, the government will also implement measures to encourage domestic automakers in reaching overseas this year through investment, acquisition of foreign brands, building research and development facilities and developing sales networks.Industry sources said that the new policy calls for 20 percent of overall sales by major auto groups to be generated overseas in the next few years.In the wake of the financial crisis, China's vehicle exports fell sharply by 45.7 percent to 369,600 units last year, according to statistics from the General Administration of Customs. Industry analysts generally expect a rebound in car shipments this year as the foreign markets begin to recover.Despite the poor export performance, Chinese companies were aggressive in acquiring overseas assets in 2009.Homegrown carmaker Geely's bid for Swedish luxury brand Volvo received a lot of media exposure in 2009. The Zhejiang-based company will reportedly close the deal soon.Beijing Automotive bought some of Swedish carmaker Saab's core assets and technologies for 0 million last year.Li noted that along with encouraging acquisitions and consolidation, the government will restrain overcapacity in the auto industry.Li also said that the ministry will accelerate the development of new energy vehicles, including hybrid, pure electric and fuel battery models.The new policy will reportedly stipulate that Chinese partners hold at least a 50 percent share in newly built Sino-foreign joint ventures that produce core parts for alternative-energy vehicles.