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BEIJING, July 10 (Xinhua) -- China's Ministry of Finance (MOF) announced Friday that it will launch two more batches of electronic savings bonds of up to 50 billion yuan (7.32 billion U.S. dollars) since next week. According to the ministry, one batch of the e-savings bonds of 40 billion yuan has a term of three years, with a fixed annual interest rate of 3.73 percent. The other, the five-year e-savings bonds, is worth 10 billion yuan at a fixed annual interest rate of four percent. The two bonds will be issued from July 15 to 31, with interests to be calculated from July 15 and paid annually, said the ministry in a statement on its website. These bonds are open to only individual investors, the MOF said. Compared with other types of bonds, the e-savings bond is seen as more convenient for investors. For example, the interest can bepaid through direct deposit into the investor's account. This is the second time the ministry launches this kind of bond this year, with the first issuance of two batches of e-savings bonds in April. The ministry also said it would issue two batches of book-entry treasury bonds next week with a face value of 12.48 billion yuan and 12.65 billion yuan each. One with the face value of 12.48 billion yuan has a term of 91 days, and the issue price, set by competitive bidding, was 99.72 yuan for a face value of 100 yuan. In this sense, the annual yield will be 1.15 percent, the ministry said. The other has a term of 273 days, and the issue price was set at 99.077 yuan for 100 yuan, with an annual yield of 1.25 percent. The ministry said the book-entry T-bonds will be sold from July 13 to July 15. Trading of the bonds will begin July 17.
BEIJING, May 14 (Xinhua) -- Chinese Vice Premier Li Keqiang on Thursday met with President of the Socialist International(SI) George Papandreou on promoting the world's sustainable development. Papandreou was leading a 15-member delegation to Beijing for a sustainable growth seminar co-sponsored by the Communist Party of China(CPC) and the SI. Li, member of the Standing Committee of the Political Bureau of the CPC Central Committee, reviewed the increasing exchanges since the CPC and the SI started their exchanges in 1982. "Jointly holding a seminar on sustainable growth signifies a positive step for both sides to deepen strategic dialogue," Li said. The seminar, scheduled for Friday, will address how to work together to deal with climate change and other environmental challenges. Li briefed Papandreou on the country's efforts to tackle the international financial crisis and seek sustainable development. Li said the CPC valued the ties with the SI and its member parties and called for increased cooperation and deeper dialogue. Papandreou said the Socialist International would like to seek more dialogue and cooperation with the CPC to promote sustainable development worldwide. Chinese Vice Premier Li Keqiang (R, front) meets with a 15-member delegation headed by President of the Socialist International (SI) George Papandreou who are here in Beijing for a sustainable growth seminar co-sponsored by the Communist Party of China (CPC) and the SI, in Beijing, China, May 14, 2009

URUMQI, July 9 (Xinhua) -- The Chinese government and the Communist Party of China (CPC) will severely punish the outlaws in the Xinjiang riot, and restore normal social order in the region as soon as possible, senior Chinese leader Zhou Yongkang said here Thursday. Authorities would take stability as their top priority at hand, and crack down hard on violence, in accordance with laws to protect the lives and property of people of all ethnic groups, and safeguard ethnic unity, said Zhou, a member of the Standing Committee of the Political Bureau of the CPC Central Committee. Zhou Yongkang (C), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, visits Aygul, an injured woman of minority group, at a military hospital in Urumchi, capital of northwest China's Xinjiang Uygur Autonomous Region, July 9, 2009. Zhou started an inspection tour in Xinjiang on Thursday.At least 156 people were killed and more than 1,000 injured in the riot on Sunday in Urumqi, capital city of the Xinjiang Uygur Autonomous Region. When visiting civilians injured in the riot Thursday afternoon at a military hospital, Zhou Yongkang promised that violent outlaws in the deadly riot would receive severe punishment in accordance with China's laws, and that the normal order would be restored. Zhou Yongkang (R, front), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, shakes hands with a policeman on duty in Urumchi, capital of northwest China's Xinjiang Uygur Autonomous Region, July 9, 2009. Zhou started an inspection tour in Xinjiang on Thursday.He urged medical workers to provide better treatment to the injured, and save the lives of those in serious conditions "at all cost". Zhou also called on troops and police officers on duty in Urumqi to enforce the laws justly, and "crush any attempt by hostile forces from home and abroad".
BEIJING, June 27 (Xinhua) -- Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), had a meeting here with heads of the delegations of Taichung City and Taichung, Changhua and Nantou counties of Taiwan Saturday. On the same day, the CPPCC leader also paid a visit to an exhibition of farm produce and tourist attractions from these four areas of central Taiwan, at its opening day. Jia Qinglin (1st R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with heads of the delegations of Taichung City and Taichung, Changhua and Nantou counties of southeast China's Taiwan Province, in Beijing, capital of China, on June 27, 2009In his talks with the Taiwan visitors, Jia welcomed the four Taiwan areas to jointly hold the exhibition in Beijing. Since May last year, when the situation in Taiwan experienced a major positive change, the two sides have taken the rare opportunities and adopted a series of positive measures to promote cross-strait relations and made breakthroughs. Cross-Straits relations now exhibit a bright future of peaceful development, said Jia. In May last year, the Chinese Kuomintang Party (KMT) won in the island's elections. Jia Qinglin (2nd L, front), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visits an exhibition of farm produce and tourist attractions from Taichung City and Taichung, Changhua and Nantou counties of southeast China's Taiwan Province, in Beijing, capital of China, on June 27, 2009.More than ever, the Chinese compatriots living on both sides of the Taiwan Straits need to join hands to get over difficulties at a time when the impact of the global financial crisis still persists and the economic growth of the world is noticeably slowing down, said Jia, who is also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee's Political Bureau. The mainland side is willing to do its best to strengthen cross-straits cooperation, in an attempt to assist Taiwan in getting over the difficulties brought about the global financial crisis, Jia said. The mainland has issued over 70 policies and measures, including those on farm produce and tourism, in favor of Taiwan compatriots and to deepen cross-Strait exchanges and cooperation, according to the top political advisor. He hoped that the compatriots of the two sides could jointly explore the road towards peaceful development of cross-Straits relations, share the achievements, jointly carry forward the common culture and heritage that are of the same root, and make joint efforts for the great rejuvenation of the Chinese nation. Also Present at the meeting were Beijing Mayor Guo Jinlong, President of the mainland-based Association for Relations Across the Taiwan Straits (ARATS) Chen Yunlin, Executive Deputy Director of the State Council Taiwan Affairs Office Zheng Lizhong, and Chairman of the China Council for the Promotion of International Trade Wan Jifei. The exhibition was jointly sponsored by the four central Taiwan areas and Beijing.
BEIJING, June 18 (Xinhua) -- China's political advisors Thursday underlined the importance of a proactive fiscal policy and a more active employment policy to cope with the global downturn. They offered their advice as the standing committee of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee continued its sixth meeting, which started here Tuesday. The committee members warned of difficulties ahead, citing the worsening impact of the global slowdown, and called for more efforts from all sides to combat the situation. They also stressed the importance of a moderately easy monetary policy, increased investment in improving living standards, and expanded coverage of social security. Jia Qinglin, chairman of the National Committee of the CPPCC, was present at the meeting.
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