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BEIJING, Feb. 12 (Xinhua) -- Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin held in-depth exchanges of views over the phone on Thursday on bilateral relations and issues of common concern. Wen said the ongoing unprecedented financial crisis has inflicted a severe impact on the world's economic and political structure, and brought difficulties to the development of China and Russia. As strategic partners for cooperation, China and Russia should enhance coordination and cooperation, which has important significance not only for the two countries but the world at large, Wen said. He said China and Russia enjoy firm mutual trust and have huge potential for cooperation in such fields as the economy, trade, energy, science, and technology. Chinese Premier Wen Jiabao (L) meets with Russian Prime Minister Vladimir Putin in Moscow, capital of Russia, Oct. 28, 2008. Wen Jiabao and Putin held talks here Tuesday at the 13th regular meeting between Chinese and Russian prime ministers. The two countries share broad consensus on many major issues including the overhaul of the international financial system, Wen said. With firm belief and positive actions, we are sure to overcome the financial crisis, he said. China is willing to take the opportunity of the 60th anniversary of the establishment of diplomatic relations to enhance high-level exchanges with Russia, actively promote cooperation on major projects, successfully hold cultural activities such as the Year of Russian Language in China and the Year of Chinese Language in Russia, and strengthen coordination and cooperation in international affairs in efforts to promote the China-Russia strategic partnership of cooperation to a higher level, Wen said. Putin said Russia always attaches great importance to the China-Russia strategic partnership of cooperation. In the current situation, Russia is willing to work with China to strengthen high-level exchanges and communication, and promote cooperation in areas such as the economy, trade and energy, Putin said. He said Russia is willing to make joint efforts with China to ensure the success of celebrations for the 60th anniversary of diplomatic relations and the Years of the Chinese and Russian Languages to promote the further development of China-Russia relations.
JINAN, March 17 (Xinhua) -- The Premier of the Democratic People's Republic of Korea (DPRK), Kim Yong Il, has vowed closer cooperation with east China's Shandong Province. Kim arrived in Beijing Tuesday before traveling to Jinan, capital of Shandong, on his first China trip as premier. The visit, made at the invitation of Chinese Premier Wen Jiabao, is scheduled to end March 21. In a meeting with Shandong officials, Kim said the traditional bilateral friendship nurtured by leaders of the elder generations had witnessed sound development over the years. Calling his China tour an important part of the China-DPRK Friendship Year, an annual bilateral exchange program, Kim said the DPRK is willing to further strengthen cooperation with Shandong in various areas including politics, economics and culture. Shandong's Communist Party chief, Jiang Yikang, told Kim the province hopes to use the opportunity of the China-DPRK Friendship Year to carry out substantial cooperation with the DPRK. Kim will conclude his visit to Shandong on Wednesday and return to Beijing for activities marking the 60th anniversary of the China-DPRK diplomatic ties.

BEIJING, Feb. 26 (Xinhua) -- Chinese share prices registered a dramatic 3.87 percent drop Thursday as investor confidence collapsed ahead of the wary market performance and caused panic selling, analysts said. The decline on overseas markets also had a negative effect. The benchmark Shanghai Composite Index, which covers both A and B shares, opened higher after the government announced stimulus plans, but dipped 85.05 points, or 3.87 percent, to 2,121.52 points in the afternoon session. The Shenzhen Component Index on the smaller Shenzhen bourse dropped to 7,777.90 points, down 463.76 points, or 5.63 percent. Total turnover was 198.52 billion yuan (29.07 billion U.S. dollars), down from 209.05 billion yuan on Wednesday. Losers led gainers by 841 to 34 in Shanghai and 719 to 36 in Shenzhen. The weak performance of both the Wall Street and Hong Kong shares had cast a shadow over the mainland market, said analysts. The financial sector, which led a market rebound Wednesday, failed to support the market in afternoon trading as it dipped 4.76 percent. Shenzhen Development Bank, which almost fell by the 10-percent daily limit, ended up with an 8.91 percent drop to 13.8 yuan. China Merchants Bank, which rose by 9.57 percent Wednesday, slipped4.36 percent to 14.27 yuan. Machinery, automobiles, media and semiconductor sectors led the retreat, dropping 7.88 percent, 7.54 percent, 7.68 percent and 7.79 percent, respectively. Non-ferrous metals also fell by 7.54 percent though the government announced a stimulus package for the industry Wednesday. Chenzhou Mining, Corun New Energy, Tibet Mining, Advanced Technology and Materials, Western Metal Material, Sichuan Hongda and Xiamen Tungsten fell by the 10-percent daily limit. Yongan Forestry bucked the trend, rising by the 10-percent daily limit. The forestry sector managed to close at no more than a 2 percent decline, as domestic media reported a government stimulus plan for forestry was under discussion. China Eastern Airlines, one of the country's top three airlines, announced Thursday that its shareholders had passed a share placement plan which intended to raise 7 billion yuan from its parent company, China Eastern Group. The company will issue 1.44 billion Shanghai-listed A shares at a price of 3.87 yuan per share, as well as 1.44 billion Hong Kong-listed H shares at 1.00 yuan each, according to the announcement. The fund would reduce the company's asset liability ratio and improve its financial situation, said the company. China Eastern Airlines shares were suspended Thursday. Hong Kong shares dipped 0.85 percent to 12,894.94 points Thursday, while U.S. stocks fell Wednesday. The Dow Jones industrial average was down 80.05 points, or 1.09 percent, at 7,270.89. The Standard & Poor's 500 Index dropped 8.24 points, or 1.07 percent, to 764.90. The Nasdaq Composite Index dropped 16.40 points, or 1.14 percent, to 1,425.43.
BEIJING, March 10 (Xinhua) -- Lhasa is stable, and troops there are in normal state, said Qiangba Puncog, chairman of the Tibet regional government, on Tuesday. "I was told in a phone talk with Lhasa in the noon that the whole city is stable and troops are in normal state as usual," he said in Beijing after a plenary meeting of the National People's Congress. He told Xinhua that he absolutely agrees with President Hu Jintao's remarks on Monday when Hu called for a "Great Wall of stability in Tibet." "It (Hu's call) is a good and long-term consideration," said Qiangba Puncog. On March 10, 1959, an armed rebellion was staged by the upper ruling class in Tibet in an attempt to preserve the old serfdom. The rebellion was quickly foiled by the People's Liberation Army, and the central government then decided to begin a democratic reform which put an end to serfdom and the theocratic regime. Qiangba Puncog said that the ** Lama and his secessionists clique have kept on smearing the central government and the Tibetan regional government over the past 50 years, but time and facts would prove what they said are nothing but purely lies. "They always lie that more than 1 million Tibetans had been killed in the past 50 years, but the truth is that the population in Tibet increased from 1.2 million in 1959 to 2.87 million in 2008," he said, adding Tibetans and people from other ethnic minorities now account for more than 95 percent of the population in the autonomous region. "The fabrication of the so-called 'genocide' in Tibet has become a stock-in-trade for them to cheat the world," he said.
BEIJING, April 2 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Thursday warned the need to find jobs for college graduates was "crucial". "The employment situation of college graduates remains grave," he told a video conference held by the State Council, the Cabinet. More than 6 million college students were leaving school in just three months and the employment rate was generally lower than previous years, Zhang said without elaborating. China has 6.11 million college students due to graduate this year, and 1 million from last year are still looking for jobs, according to the Ministry of Human Resources and Social Security. Graduates are having a hard time finding jobs this year as posts are being axed due to the economic slowdown. Zhang urged government organs, government-sponsored institutions, and state-owned enterprises to hire as many people as last year, and small and medium-sized and private companies to employ college graduates. The State Council unveiled in February a series of measures to boost employment of college graduates, calling on them to be more flexible. The measures included encouraging graduates to work in rural areas, in grassroots urban communities, and in smaller enterprises, asking research institutions to recruit graduates, and stepping up support for graduates starting up their own businesses. Zhang asked local government departments to work out detailed and feasible measures and make efforts to publicize the measures this month. Government departments and higher learning institutions should provide comprehensive services to graduates by offering advice, giving aid to the poor, and maintaining a sound employment market, he said.
来源:资阳报