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DUSHANBE, Aug. 28 (Xinhua) -- Chinese President Hu Jintao and his Kyrgyz counterpart Kurmanbek Bakiyev on Thursday agreed to promote cooperation of the two countries in various fields. During a meeting with Bakiyev here, Hu said "The consensus reached between us during my visit to Kyrgyzstan last year to fully deepen the mutually beneficial cooperation in all areas has been orderly put into practice, and bilateral ties have made new progress." China attaches great importance to its ties with Kyrgyzstan and regards Kyrgyzstan as an important partner in Central Asia, he added. Hu urged the two sides to well implement bilateral cooperative programs in the building of roads and railways, and to promote business at land ports to deepen bilateral trade and economic cooperation. Chinese President Hu Jintao (R) meets with Kyrgyz President Kurmanbek Bakiyev in Dushanbe, capital of Tajikistan, on Aug. 28, 2008, during the annual summit of the Shanghai Cooperation Organization (SCO). The president said China is also willing to strengthen security cooperation with Kyrgyzstan. Bakiyev said Kyrgyzstan has increased contacts with China "in all fields and at all levels" after Hu's visit in 2007. He also highly spoke of bilateral cooperation under the framework of the Shanghai Cooperation Organization (SCO) and other multilateral organs. "The Kyrgyz government, legislature and political parties will make all efforts to promote ties and advance cooperation in all areas with China," he said. Speaking of the situation in Central Asia, Hu said China pays close attention to the changes of regional situation and will make its own efforts to promote solidarity, social stability and economic development among Central Asian nations. China is also willing to closely coordinate with Kyrgyzstan to make Central Asia become a harmonious region featuring lasting peace and common prosperity, he said. Bakiyev said Kyrgyzstan will continue to make efforts along with China and other nations in the region to safeguard regional peace and stability. The meeting was held on the sidelines of the SCO summit which concluded earlier Thursday. The SCO, founded in 2001, groups China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. After paying a state visit to Tajikistan and attending the SCO summit, Hu would fly to Turkmenistan on Thursday night. He has already visited the Republic of Korea, the first-leg of his three-nation tour in Asia.
BEIJING, April 4 (Xinhua) -- Some 600,000 people visited graveyards in the suburbs of Chinese capital Beijing on Friday, about triple last year's figure of 189,000, according to official statistics. On Dec. 16, the State Council (cabinet) revised the nation's official holiday schedule to add three traditional festivals -- Qingming, Duanwu and Zhongqiu -- in response to public calls. It also changed the length of other holidays. A citizen mourns her relative in a cemetery in Guangzhou, capital of southern China's Guangdong Province, April 4, 2008. The Chinese Qingming Festival, a day two weeks after the vernal equinox, is also called the Tomb-sweeping Day, when Chinese people usually mourn their deceased relatives, pay homage to martyrs and sweep the tombs of the departed. The holiday marked on Friday was Qingming, or grave-sweeping day. The change was intended to allow more people to pay their respects to deceased relatives on what would otherwise be a workday like Friday. No national figures on this year's tomb visits were immediately available. Unlike Beijing, many residents of Shanghai, China's largest metropolis and one of the most densely-populated cities, have to go to neighboring cities to visit relatives' tombs. People are walking to a cemetery in the west of Beijing on Friday, April 4, 2008. The Chinese traditional Qingming Festival falls on Friday this year, which is the occasion for Chinese people to pay respect to past ancestors by cleaning their graves, presenting offerings of food, and burning joss paper.Space for the dead is at even more of a premium in Shanghai than for the living, and the city's graveyards long ago stopped accepting new remains. Suzhou, Jiangsu Province, receives 900,000 tomb-sweepers from Shanghai every year. Friday was a day of remembrance in many areas of China. In Huangling County, Shaanxi Province, 8,000 people including some senior officials attended the annual memorial service at the tomb of Huangdi, the "Yellow Emperor" of Chinese legend. Governor Yuan Chunqing addressed the gathering and expressed his hopes that the Beijing Olympic Games would be successful, the reunification of China would occur and the world would become harmonious. Scholars say that Qingming has preserved the "feeling" of being Chinese across the generations. "Traditional culture has been infused with new spirits in different eras, and this is the mysterious power of Chinese Culture," Shi Aidong of the Chinese Academy of Social Sciences, told Xinhua in an interview. Qingming is always a day of bitter memories for residents of Nanjing, the provincial capital of Jiangsu. The Memorial Hall of the Nanjing Massacre received numerous domestic visitors -- and many from Japan. "We, from the aggressor side of the war, want to show regret to the victims on this special day," said one of the Japanese visitors. In December 1937, invading Japanese troops slaughtered 300,000 Chinese soldiers and civilians in the city, which was then the national capital. Many of the bodies were never properly interred, and many of the Chinese visiting the memorial on Friday have no graves to visit. Fuzhou, the capital of Fujian Province in east China, unveiled a monument ln honor of the thousands of firefighters died on duty since 1949. It is the first such monument in the country.
CHENGDU, June 15 (Xinhua) -- President Hu Jintao on Saturday ordered that the title of "heroic quake-relief force" be given to a helicopter regiment that showed loyalty and courage in rescue work following last month's major quake in southwest China. The command by Hu, also Chairman of the Central Military Commission of the People's Republic of China, was announced at an award meeting here on Sunday. The regiment of army aviation under the Chengdu Military Command did an excellent job in quake-relief missions and showed great loyalty, courage and dedication, the command said. Photo taken on May 16, 2008 shows that a Mi-171 transport helicopter is ready to transport people from quake-hit Maoxian County, southwest China's Sichuan Province, to a safe place. A Mi-171 transport helicopter engaging in quake relief work near the Yingxiu Township, Wenchuan County in southwest China's Sichuan Province crashed on Saturday afternoon, according to military sources All Chinese military members should learn from the regiment, which put people's lives first, it said. The regiment has dispatched 1,848 helicopter flights for rescue and transport missions since the quake on May 12 and evacuated 1,126 injured people from the region. More than 619 tons of food, water and medicines have been delivered and 2,171 people stranded by the quake were transferred by the regiment. One of the regiment's helicopters crashed in a deep forest ravine in Sichuan Province during a rescue mission on May 31, leaving all five crew and 13 passengers dead. The honor awarded to the regiment was the top honor of all the regiment members and all military members who participated in quake-relief missions, Xu Caihou, Vice Chairman of the Central Military Commission, said at the meeting.
MOSCOW, July 30 (Xinhua) -- As the special guests of Russian President Dmitry Medvedev, 50 students from China's quake-hit Sichuan province Wednesday visited the glittering Andrew Hall of the Kremlin, and had a joyous time with the Russian president. "I hope that you will make friends with more Russian children during your rehabilitation in our country," Medvedev said in his speech, describing the students as "little heroes" in the relief work following the devastating earthquake. These middle and primary school students, who were recuperating in a rehabilitation center in southwest Russia's coastal city of Tuapse before coming to Moscow, are the representatives of some 1,000 children who would arrive in Russia for further recovery in 2008. Russian President Dmitry Medvedev (front R) embraces Ma Xiaobo, 9, a student from China's quake-hit Sichuan Province, at the Kremlin Palace in Moscow, capital of Russia, on July 30, 2008. A group of 50 students from China's Sichuan Province are interviewed with Russian President Dmitry Medvedev on Wednesday after they paid a visit to the Kremlin Palace, the Red Square, and the Lenin Tomb in Moscow."How do you feel about Russia?" Medvedev asked as he walked in the crowd with a smile on his face. "Beautiful!" "Enthusiastic!" "Hospitable!" the children strived to answer. "Have you swum in the Black Sea? Is the water cold?" the president went on to ask. "It's not cold!" they consented with one voice. A boy student from China's quake-hit Sichuan Province takes photos at the Kremlin Palace in Moscow, capital of Russia, on July 30, 2008. A group of 50 students from China's Sichuan Province are interviewed with Russian President Dmitry Medvedev on Wednesday after they paid a visit to the Kremlin Palace, the Red Square, and the Lenin Tomb in MoscowA girl handed over to Medvedev a letter from her fellows who are still in Tuapse. "It is filled with our best wishes for you and our gratitude," she said. "Please send my regards to your friends. I will certainly read it, with the help of a translator," he said. The children presented Medvedev with some Chinese calligraphy works and embroidery as gifts. Medvedev expressed thanks in Chinese when he accepted the presents. The president took the initiative to be a guide for the children and showed them around the Andrew Hall of the Kremlin. In his introduction, Medvedev compared the Kremlin to China's Forbidden City. Students from China's quake-hit Sichuan Province are led to visit the Red Square in Moscow, capital of Russia, on July 30, 2008. A group of 50 students from China's Sichuan Province are interviewed with Russian President Dmitry Medvedev on Wednesday after they paid a visit to the Kremlin Palace, the Red Square, and the Lenin Tomb in MoscowMedvedev took photos with the children and gave them goodbye hugs when the half an hour meeting concluded. While the president held Ma Xiaobo, a grade-three student from Pengzhou city, close in his arms, everybody cheered. "You're welcome to visit China after the reconstruction of our hometowns," the children said in a loud voice. "I know China is faced with the difficult task of reconstruction. I believe that the reconstruction will be achieved soon with the involvement of you little guys," Medvedev said.
BEIJING, April 13 (Xinhua) -- Chinese companies will no longer need the central bank's approval when issuing short-term bonds on the inter-bank market amidst government efforts to boost direct financing and reduce bank loan risks. The People's Bank of China (PBOC) announced non-financial companies could issue bonds with maturities of less than one year on the inter-bank market without its approval from April 15. Instead, they would only need to register at the National Association of Financial Market Institutional Investors set up in September, the PBOC said in a statement issued late on Saturday. It said other negotiable notes "with a certain maturity" issued by non-financial companies on the inter-bank bond market wouldn't need administrative examination and approval, either. Nor would future innovative financing tools on the market. China has vowed to develop its capital market and broaden direct financing channels to curb enterprises' heavy reliance on bank credit. "China's financial structure has long been unbalanced, with its direct financing underdeveloped," said the statement. "Enterprises rely on bank loans too much, bringing them fairly large hidden risks." To boost innovation in debt offering and raise the share of direct financing could mobilize the transfer of deposits to investment and decrease credit risks of the banking system, it said. China allowed companies to offer short-term bonds to qualified institutional investors on the inter-bank market in May 2005. From then to the end of 2007, 316 companies issued 769.3 billion yuan (about 109.9 billion U.S. dollars) of short-term bonds, with 320.3 billion yuan of outstanding debts, statistics showed. In comparison, short-term loans to non-financial companies and other institutions surged 1.25 trillion yuan in 2007, while middle- and long-term loans jumped 1.65 trillion yuan.