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BEIJING, Aug. 6 (Xinhua) -- Senior Chinese leader Jia Qinglin urged here on Wednesday that the role of the Chinese People's Political Consultative Conference (CPPCC) in scientific and democratic policy-making should be strengthened.     "We should increase the forms of political consultation and make it an important aspect in making scientific and democratic policies," Jia, chairman of the 11th CPPCC National Committee, said at a seminar held by political advisory body.     Jia, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, stressed improving democratic supervision in three phases: information, communication and feedback.     Jia said the work in the latter half of 2008 would be extensive and tough, and he urged officials at all levels to closely track changing international economic trends and research the new issues emerging in domestic economic development. Jia Qinglin (C), Chairman of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee and a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses the study meeting of Leading Party Members' Group of CPPCC’s central group held in Beijing, capital of China, on Aug. 6, 2008    He also said that senior officials should be clean-handed and wise in choosing and promoting personnel. He called on them to lead high-quality teams by setting good examples.     The three-day seminar, in celebration of the 30th anniversary of the reform and opening-up policy, ended on Wednesday. Attendees summed up their experience from recent political consultation work and discussed advice on future improvements.

BEIJING, Aug. 18 (Xinhua) -- Wu Bangguo, chairman of the Standing Committee of the National People's Congress (NPC), met on Monday with some foreign leaders here to watch the Beijing Olympic Games.     In his meeting with Ranko Krivokapic, the Republic of Montenegro parliament speaker, Wu said China advocated all nations, big or small, rich or poor, as equal members of the international community. Wu Bangguo (1st R), chairman of the Standing Committee of the National People's Congress (NPC), meets with Ranko Krivokapic (1st L), the Republic of Montenegro parliament speaker, in Beijing, China, Aug. 18, 2008. Ranko Krivokapic is here to watch the Beijing Olympic GamesChina valued its ties with Montenegro and would develop a long-term, stable and all-round relationship, as well as sound legislative cooperation with the Balkan country, he said.     Krivokapic said the Montenegro parliament would enhance its cooperation with the NPC and adhere to the one-China policy. Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress (NPC), meets with Abdelaziz Ziari, speaker of the Algerian parliament, in Beijing, China, Aug. 18, 2008. Abdelaziz Ziari is here to watch the Beijing Olympic Games. When meeting with Abdelaziz (Abdul-Aziz) Ziari, speaker of the Algerian parliament, Wu said the Olympics was going on smoothly, and China would honor its commitment to hold an unique and high-standard Games with distinctive features.     He pledged to take the opportunity of the 50th anniversary of China-Algeria ties in the coming year to push forward the cooperation of mutual benefit.     Ziari said the well-organized Olympic Games impressed him and demonstrated what China had achieved in its reform and opening-up drive. The Algerian parliament would further exchanges with the NPC. Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress (NPC), meets with Kono Yohei, speaker of the House of Representatives of Japan's Diet, in Beijing, China, Aug. 18, 2008. Kono Yohei is here to watch the Beijing Olympic Games.When meeting with Kono Yohei, speaker of the House of Representatives of Japan's Diet, Wu said Sino-Japanese relations were at a new start in history and had great potential for further development.     He recalled the Japanese trip by Chinese leader Hu Jintao in May which outlined the future development of the bilateral ties.     He said the NPC would promote cooperation with the Japanese house of representatives through the regular exchange mechanism to push forward the strategic and reciprocal relations between the two countries.     Wu expressed gratitude for Japan's support to the Beijing Games.     Kono said the Japanese house would play a positive role in upgrading the relationship between the two countries.

BEIJING, Sept.1 (Xinhua) -- China's securities watchdog on Monday required fund companies to make their information release more transparent and rolled out a draft regulation on brokers, its latest moves to boost the healthy development of the country's stock market.     The information of stock-oriented funds, such as their periodic results, would be regularly publicized on the website of the China Securities Regulatory Commission, according to a standard format in the eXtensible Business Reporting Language (XBRL), starting from Jan. 1 next year, the CSRC said in a statement on Monday night.     "The move was to further improve the quality of information release by fund companies," said the CSRC.     The new rule was expected to help third-party agencies to appraise and supervise the management of fund companies. Previously it was difficult for a third party to collect and analyze the first-hand information of funds, which was not available to all.     Meanwhile, the CSRC said a new regulation on securities brokers would prohibit them from surpassing their authority by manipulating customers' accounts or providing investment counseling.     The dealers would also be forbidden to "offer or spread false, misleading information", or "tempt customers to make unnecessary deals," said the CSRC. Nor could they make agreements on sharing investment proceeds with customers, or promise gains or compensation for losses.     "It was aimed at protecting the legal interests of fund investors and ward off risks caused by ill regulation of securities dealers," said the CSRC in a separate statement.     The watchdog's actions were part of China's recent efforts to straighten out the stock market order and lay a sound foundation for a long-term development.     The CSRC announced earlier this month it would raise the refinancing threshold for listed companies, saying the dividend they pay to shareholders in the recent three years should be no less than 30 percent of its distributed profits, compared with the previous set line of 20 percent.     Refinancing plans of listed companies had led to share price declines and complaints in China as liquidity concerns loomed over the stock market. Investors also blamed their losses on insider trading and opacity of fund companies.     Last week, a draft amendment to the Criminal Law was submitted to China's top legislature, stating that employees of financial institutes will face criminal prosecution for insider trading. Currently there were no relevant provisions in the Criminal Law.     China's benchmark Shanghai Composite Index has shed more than 60 percent from its peak in mid October last year.     In the first half, 364 funds in the country incurred a record loss of 1.08 trillion yuan (about 154 billion U.S. dollars), more than 90 percent coming from stock-oriented or hybrid funds, according to statistics from the TX Investment Consulting Co..

BEIJING, Oct. 12 (Xinhua) -- A high-profile meeting of the Communist Party of China (CPC) ended on Sunday by concluding that the overall situation of the country's economy was good and the dynamic of economic growth remained unchanged.     "The country's overall economic situation is good. The economy is growing quickly and the financial sector is operating steadily. The basic momentum of the country's economy remains unchanged," said a communique released at the close of the third Plenary Session of the 17th CPC Central Committee. Photo taken on Oct. 12, 2008, shows participants listening during the third Plenary Session of the 17th Communist Party of China (CPC) Central Committee, which was held from Oct. 9 to 12 in BeijingThe four-day meeting focused on issues concerning rural reform and development.     The communique said all Party members should strengthen awareness of crises and face up to challenges as more uncertain and unstable factors emerged in the international economic climate amid deepening financial market turmoil and the slowdown of the world economy.     In the meantime, China's domestic economy featured some notable contradictions and problems, it said. "The most important thing is to do well in the country's own business.     "We should make flexible and careful macro-economic policies. We should step up efforts to boost domestic demand, particularly domestic consumption and keep the economy, the financial sector and the capital market stable.     "We should continue keeping social stability and pushing the country's economy towards sound and fast development," it said.     The meeting also came at a time when the outlook of the world economy became increasingly grim as a result of a serious global financial crisis.     This meeting was significant because it was the third Plenary Session of the 11th CPC Central Committee 30 years ago that pushed the country on to the road of its historic reform and opening-up drive.

VENTIANE, March 30 (Xinhua) -- Chinese Premier Wen Jiabao and his Thai counterpart Samak Sundaravej met here Sunday on the sideline of the Third Summit of the countries in the Greater Mekong Subregion (GMS), and the two agreed to strengthen bilateral cooperation and jointly promote regional peace and prosperity. Wen spoke highly of the growth momentum of the bilateral relations in the recent years, noting that China is willing to join hands with Thailand to strengthen strategic coordination and push forward the comprehensive and pragmatic cooperation. Chinese Premier Wen Jiabao (2nd R) meets with Thai Prime Minister Samak Sundaravej in Vientiane, Laos, on March 30, 2008. The two agreed to strengthen bilateral cooperation and jointly promote regional peace and prosperity.    He also expressed his hope that China and Thailand would expand their two-way trade and achieve the objectives of hitting a total trade value of 50 billion U.S. dollars in the year of 2010, mutual investment worth 6.5 billion dollars and encourage 4 million tourists to travel to each destination.     Chinese government supports its enterprises to involve in the large projects in sectors such as the infrastructure construction and will encourage them to generate bigger contribution to step up the bilateral economic and trade cooperation, Wen told Samak.     The Thai Prime Minister, who is also the country's defense minister, highlighted the traditional friendship between the two nations, saying that Thailand would make joint efforts with the Chinese side to maintain the high-level exchange and cement the friendly cooperation in various fields in a bid to consolidate the bilateral friendly relations.     He also reiterated that Thailand would adhere to the one-China policy.     When on the Tibet issue, Samak said the issue is China's internal affairs, voicing his belief that China would handle well the issue and successfully host the forthcoming Olympic Games in Beijing this summer.     Invited as the guest of Lao Prime Minister Bouasone Bouphavanh, Wen arrived here on Saturday evening for a working visit to Laos and participating in the Third GMS Summit.     The GMS, established in 1992, promotes economic and social development, irrigation and cooperation within the six Mekong countries. The first GMS Summit was held in Cambodia's Phnom Penh in 2002, and the second in southwest China's Kunming in 2005.