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NANPING, Fujian, March 25 (Xinhua) -- Four of the five injured school children in a stabbing attack in southeast China's Fujian Province Tuesday, which left eight dead, became conscious Thursday, local authorities said.The four were in a relatively stable condition but still faced uncertainties and were all under intensive care, said Liu Bin, an official with the health bureau of Nanping City, where the bloodshed occurred.Zheng Minsheng, a former community doctor in the city, stabbed 13 children at the entrance of a primary school Tuesday morning in Nanping when crowds of students were arriving, leaving eight dead and five injured.One senior doctor and several chest surgeons arrived in Nanping from Beijing Wednesday to treat the children.The Procuratorate of Yanping District in Nanping City approved the arrest of Zheng Wednesday afternoon, on charges of intentional homicide, said Ye Xianjin, director of the Yanping District procuratorate office Wednesday.Zheng committed the attacks as he felt frustrated after breaking up with his girlfriend last year. He also said he found life meaningless, according to Xu Jingping, deputy head of the city's public security bureau.

NARA, Japan, April 19 (Xinhua) -- Former Chinese Vice Premier Zeng Peiyan said Monday that China, Japan and South Korea are " mutually complementary in economy and closely linked in trade.""The considerable disparity in their resources, technological levels and labor costs highlights enterprises' comparative advantages and is conducive to transnational investments and trade, " said Zeng in his keynote speech at the fifth session of the Northeast Asia Trilateral Forum."Japan and South Korea are more advanced than China in economic development, and have accumulated much experience in achieving economic transformation, dealing with the relation of development and environment and tackling international trade frictions, from which China could draw lessons and benefit," he said at the one- day forum taking place in the ancient Japanese city of Nara.There thus exists great potential as well as a broad prospect for their future practical cooperation among the three nations, said Zeng.The three need to continuously substantialize the content of their partnership, infuse new elements in their cooperation and improve their communication and coordination from trilateral, regional and global aspect, he said.In his keynote speech, former Japanese Prime Minister Nakasone Yasuhiro said that Japan, China and South Korea should further prompt their cooperation and make their voice more clearly heard on the world stage in a bid to safeguard the stability of Asia as well as that of the world at large.The three need to set as their long-term aim the establishment of a regional cooperative mechanism in areas of East Asia's politics and security, economy and culture, and jointly play a leading role to that end.Former South Korean Prime Minister Lee Hong-koo, for his part, said that faced with problems such as the security and stability of global financial markets, trade liberalization, climate change and the proliferation of nuclear weapons, it draws worldwide attention how the three nations coordinate with each other to adopt a unanimous stance.Zeng arrived here Saturday to attend the fifth session of the Northeast Asia Trilateral Forum that opened earlier Monday.The trilateral gathering drew 29 former high-ranking officials and prominent figures from political, academic and business circles of China, Japan and South Korea.The forum, cosponsored by China's Xinhua News Agency, Japan's Nikkei news group and South Korea's leading daily newspaper JoongAng Ilbo, aims to strengthen non-governmental exchanges among the three nations.The yearly event has been held alternately in the three countries since 2006.

BEIJING, May 3 -- Ma Weihua, president and chief executive officer of China Merchants Bank (CMB), said he wanted to see Chinese banks elevate their level of globalization in the context of expedited overseas expansion of Chinese companies during his bank's recent road show in the United States. He said CMB would pursue this process ambitiously but cautiously.The bank is soon to relocate its night-shift foreign exchange trading team to its New York branch, which was established in 2008, and will move on to security trading as well in the future, according to Ma during a group interview. The branch is also working on consolidating its dollar settlement business."What I'm concerned about right now is to first have my New York branch familiarized with the US market, customers and rules as soon as possible so I can expand the business steadily," Ma told the audience at a recent speech at New York University's Leonard N. Stern School of Business. "We won't consider faster expansion until we have secured our position here."Because of policy restrictions, CMB and other Chinese banks are only able to provide very limited services overseas for now. Retail banking, which CMB is best at, is still being constrained in its New York branch, its first branch in the West. But the bank is eyeing up other opportunities.The branch is attaching increasing importance to the loan business for Chinese companies during their overseas merger and acquisition activities. It just completed a big deal for a Chinese State-owned conglomerate but declined to reveal its name."The most fundamental motive to globalize our bank is to support Chinese companies' overseas growth and to provide the same quality service for foreign companies as well when they come to China," Ma said.According to Ma, over the past five years, Chinese companies' overseas direct investment saw an annual increase of 60 percent and their non-financial overseas investment grew by 68.5 percent year-on-year.In comparison, overseas assets only make up less than 4 percent of Chinese banks' total assets, while in large banks in Europe and the US, the proportion is about 40 percent, he said.

BEIJING, April 1 (Xinhua) -- China's average daily stock trading volume at the Shanghai Stock Exchange shrank 35.2 percent month on month to 96.85 billion yuan (14.2 billion U.S. dollars) in February, the People's Bank of China (PBOC) said Thursday.China's stock market was closed from Feb. 13 to 19, for the Spring Festival, the most important Chinese traditional holiday.Analysts held that trading was normally bleak in the Spring Festival month, as some investors preferred to cash in profits before going back to hometowns for family gatherings and some were cautious before the release of new economic data after the holiday.The Spring Festival fell in January last year. The daily average stock turnover was down 3.38 billion yuan to 65.4 billion yuan in January 2009 compared with December 2008, according to the PBOC.The benchmark Shanghai Composite Index edged up 110.58 points from Feb. 1 to 3,051.94 points on Feb. 26 this year, the last trading day in the month, the central bank said in a financial market report released Thursday on its official website.China's financial market kept its smooth run in January and February, said the PBOC.The Shanghai Composite Index gained 1.23 percent, or 38.32 points, to end at 3,147.42 points Thursday. The turnover at the Shanghai Stock Exchange was 154 billion yuan, showing investors' heartened confidence in economic recovery.Thursday's official figures revealed that the Purchasing Managers' Index (PMI) for China's manufacturing sector stood at 55.1 percent in March, up 3.1 percentage points from February, the 13th straight month that the index was above 50 percent.

XINING, April 26 (Xinhua) -- China's top political advisor Jia Qinglin visited quake survivors and rescuers during a trip to the quake-hit Yushu in northwest China's Qinghai Province on Monday."The government will go all out to rebuild the quake zone," Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, told villagers from Yushu County, where the epicenter lies.Jia also met with representatives of monks who joined the rescue. He said the monks showed patriotism and compassion in their proactive role in quake relief work and called on them to continue to bring spiritual support to the quake survivors. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, talks with local residents who have sufferd the earthquakes in quake-hit Yushu County, northwest China's Qinghai Province, on April 26, 2010.In the devastated Gyegu Township, Jia praised rescuers from the army and police forces as the "main force" of the rescue work and encouraged them to keep on striving for new merits in quake relief."As the people's soldiers, you showed great valor and heroism in rescuing quake survivors with outstanding performance," he said.In a local hospital of Xining, Jia recognized medical workers' efforts in treating quake survivors and stressed the importance of preventing epidemics in the quake zone.