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BEIJING, July 27 (Xinhua) -- The China Investment Corporation (CIC), the nation's sovereign wealth fund, announced Tuesday it would start a new round of global hiring for "business development" reasons.The recruiting covers 64 job positions, including asset allocation and strategic research, risk management, strategic investment and private-equity investment, according to a statement on CIC website.Applications will be accpeted till August 9, it said.The CIC was established in September 2007 with a registered capital of 200 billion U.S. dollars from China's huge foreign exchange reserves.

NANJING, July 4 (Xinhua) -- China is mulling using environmental indices as a yardstick to evaluate the performances of local governments and officials as the country seeks to convert its development mode to a green one, experts said Sunday.The new assessment criteria has been proposed in a draft of China's 12th Five-year Plan (2011-2015), which the government is currently working on. The draft is to be reviewed and is expected to be approved in March 2011 by the nation's top legislature, the National People's Congress."This means local governments will have to implement more effective measures to upgrade industries, save energy and cut emissions, rather than simply focus on GDP growth," said Hu Angang, a top policy advisor, at a theme forum of the Shanghai World Expo in Nanjing, capital of east China's Jiangsu Province. The two-day forum ended Sunday.With GDP the most significant indicator in evaluating the performances of local governments and officials, many tend to neglect the environmental factors while concentrating on economic growth."The 12th Five-year Plan will not only be China's first national plan for 'green development' but also the historical starting point on the nation's path towards a 'green modernization'", said Hu, also a prominent economist at Tsinghua University, who has been a member of the research team to draft the 10th, 11th and 12th five-year plans."Altogether, 24 indices in the current draft are about green development, covering more than half of the total index number of 47. Some of those 'green indices' would be used to assess local governments and officials," he added."For instance, indices on 'water consumption per unit GDP', 'proportion of clean coal consumption', 'decrease in natural disaster-resulted economic losses', and proportion of GDP invested in environmental protection' are in the category of assessment criteria in the draft," said Hu."As a large developing country with a population of 1.3 billion people, China is under unprecedented pressure for both economic development and environmental protection," said Zhou Shengxian, China's Minister of Environmental Protection, at the forum."The old path of economic growth based on environmental pollution, implemented in developed countries over the past 300 years, is not feasible in China, and China can not afford the losses brought by this development mode," he added.After the international financial crisis broke out in September 2008, the United Nations Environment Programme (UNEP) advocated the development of a "green economy" worldwide.Many countries have turned to a "green recovery" by developing new energies, environmental protection and recycling the economy.In China's 4-trillion-yuan (about 570 billion U.S. dollars) economic stimulus plan, funds for energy savings, carbon reductions and ecological construction reached 210 billion yuan. Adding on the 370 billion yuan in funds used for innovation, restructuring and coping with climate change, "green investment" accounted for 14.5 percent of the stimulus plan. It indicates the government is shifting its values from traditional "profit maximization" to "welfare maximization."China showed its determination to develop a green economy last year prior to the Copenhagen Conference, promising to cut its carbon dioxide emissions per unit GDP by 40 to 45 percent by 2020, compared with the level from 2005.Experts at the forum believed that, to live up to this promise, China must create more regulations focusing on "carbon emission cuts" in the 12th Five-year Plan and put such reductions into the assessment criteria for officials.There will be much more "green investment" in China's 12th Five Year Plan than the previous one, and the extra investment in energy-saving and emission-cut technologies will grow to 1.9 to 3.4 trillion yuan in the upcoming plan from the current 1.5 trillion yuan, according to a Mckinsey report.Despite China's "green determination", it is never an easy task to achieve the target because of the country's fast GDP growth, the long-dominating energy-consuming economic development mode and a lack of environmental-protection awareness among citizens, experts said.There is still a long way to go for China, as its current energy utilization rate is only one fourth of that of developed countries, said Maurice Strong, a former Under secretary-General of the United Nations and the first executive director of the United Nations Environment Programme, at the forum Saturday."In the new round of China's economic and social transformation, the 'black cat' will be out of the game. Only a 'green cat' is good cat," said Hu Angang, making a joke about a Chinese saying - "It doesn't matter if a cat is black or white so long as it catches mice."

PIRAEUS, Greece, Aug. 9 (Xinhua) -- Two Chinese naval escort warships arrived in Greece's Piraeus Port on Monday, kicking off a five-day visit.The vessels, destroyer Guangzhou and frigate Chaohu, are part of the fifth Chinese naval escort flotilla, which just completed the escort mission in the Gulf of Aden and Somali waters to protect commercial ships from pirate attacks.Chinese Ambassador to Greece Luo Linquan and some 200 Chinese nationals came to the port to welcome the arrival of the two Chinese warships. Waving Chinese and Greek national flags, the enthusiastic Chinese living in Greece greeted the Chinese sailors with cheers.They were excited when allowed to tour one of the ships."We are so excited to have a chance to board a Chinese naval destroyer," Wu Hailong, a Chinese businessman in Athens, said, adding that he and his friends come to Piraeus early in the morning from central Athens to welcome the Chinese navy soldiers.Zhang Buren, a Chinese national from Taiwan who has lived in Athens for more than three decades, said he was very impressed by the elegant demeanor of Chinese navy soldiers. "I feel very much proud as a Chinese and so happy to see China is developing fast."At a welcoming ceremony held at the port, the Chinese ambassador said the Chinese navy has made its effort in fighting piracy. "The Chinese naval escort flotilla has successfully escorted some 20 Greek commercial vessels in the waters near Somalia in the past few years," he said. Greece is one of the countries with biggest commercial fleets.The Chinese envoy added that the Greek government and Greek Navy attach great importance to the visit by the Chinese naval fleet. "The Greek shipowners will come to visit the Chinese naval fleet and express their gratitude to the help from the Chinese navy," he said.During the five-day visit, the Chinese naval officers and soldiers will visit a Greek navy base as well as the Acropolis and other archeological sites in Athens.China's fifth naval escort flotilla with more than 800 officers and soldiers has successfully escorted 588 Chinese and foreign vessels in 41 batches since it arrived in the pirate-infested waters in early March this year.

BEIJING, June 21 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee Monday approved an education reform plan for the next decade, which aims for greater education investment and fairer distribution of resources.Presided over by the CPC Central Committee General Secretary Hu Jintao,a meeting of the Politburo approved the final version of the Medium- and Long-term National Educational Reform and Development Plan (2010-2020).The Politburo, the CPC's top decision-making body, said in a statement that education was the fundamental cause for the revitalization of China and social progress in the future.China had established the largest education system in the world since the founding of the People's Republic, which ensured education rights for millions of people, the statement said.The government promote educational fairness as a basic policy and increase education investment in rural, remote and ethnic minority areas, the Politburo agreed.According to the plan, government investment will increase steadily to support the education sector, with the ratio of education expenditure in terms of gross domestic product (GDP) to be 4 percent by 2012.In 2008, the ratio stood at 3.48 percent, compared with the average international level of 4.5 percent.The plan, released at the end of February for public scrutiny, was seen as setting the tone for the development of the education sector in China, which has long suffered from funding shortages and unbalanced development in rural and urban areas.The plan said giving students fairer access to quality education would be a "fundamental policy," with more public education resources for rural, impoverished and ethnic areas.The reforms would also encourage private organizations and individuals to play a greater role in the education system, said the statement.The plan took one year and nine months to draw up, during which public submissions were invited on two separate occasions.

XIAMEN, June 19 (Xinhua) -- A senior Chinese official has called for more cultural exchanges and cooperation between the Chinese mainland and Taiwan.Top political advisor Jia Qinglin made the remark during a visit to the Third Cross-Strait Cultural Industry Fair that opened in Xiamen of southeast Fujian Province on Saturday.Jia, also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said the two sides of the Taiwan Strait share the same cultural root.Jia also announced Saturday the opening of the second grassroots-level Straits Forum in this coastal city." hspace="0" src="/d/file/p/2010/06/9862a429fb74c1f47babf2fdc9dcf93e.jpg" border="0" />Jia Qinglin, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), dances with participants from Taiwan during his visit to the 3rd Cross-Strait Cultural Industry Fair in Xiamen, southeast China's Fujian Province, on June 19, 2010.There is huge potentials for the mainland and Taiwan to conduct cooperation in cultural industry, Jia said, calling for joint efforts from both sides of the Strait to develop cultural industry and improve international competitiveness and influence of the Chinese culture.Jia also called on both sides to tap traditional Chinese cultural resources and establish cultural name brands with characteristics of the Chinese nation, so to strengthen the cohesiveness of the Chinese nation.The cross-Strait cultural industry fair was initiated in 2008 and has become an important communication platform for cultural industrial circles from both sides of the Strait.The current fair attracted more than 2,000 cultural companies from the mainland and Taiwan.