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BEIJING, May 4 (Xinhua) -- Chinese equities dropped to a seven-month low Tuesday, after the central bank said Sunday it would raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year.The benchmark Shanghai Composite Index lost 1.23 percent to close at 2,835.28 points.The Shenzhen Component Index fell 1.81 percent to 10,960.77 points.Total turnover shrank to 141.55 billion yuan (20.7 billion U.S. dollars) from 191.91 billion yuan on the previous trading day.Losers outnumbered gainers by 533 to 347 in Shanghai and 488 to 429 in Shenzhen.

SHANGHAI, May 17 (Xinhua) -- China will endeavor to quicken the pace of development of its information and communications sector, China's Minister for Industry and Information Technology Li Yizhong said here Monday.Li made the remarks at an event celebrating the 145th anniversary of the International Telecommunication Union (ITU) held at the Shanghai World Expo park.The ITU Monday presented the World Telecommunication and Information Society Award to Malaysian Prime Minister Najib Razak; Wang Jianzhou, Chairman and CEO of China Mobile; and Robert Kahn, President and CEO of the Corporation for National Research Initiatives.Li Yizhong, Chinese minister of industry and information technology, speaks during the celebration of the International Telecommunication Union (ITU) Honor Day at the Shanghai World Expo in Shanghai, east China, on May 17, 2010, the Day of the World Telecommunication and Information Society.The laureates were recognized for their contribution to the ongoing digital revolution and their dedication to promoting information and communication technologies as a means to a better life for humanity, the ITU said in a statement on its website.A total of 189 countries and 57 international organizations are presenting their best at the six-month Shanghai World Expo under the theme of "Better City, Better Life."

BEIJING, April 27 (Xinhua) -- Chinese President Hu Jintao on Tuesday called for more efforts to promote the "model worker spirit" nationwide to further advance social and economic development.Hu made the remarks at a rally honoring 2,115 Chinese national labor heroes and 870 advanced workers in Beijing ahead of the International Labor Day on May 1.Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also attended the ceremony, presided over by Premier Wen Jiabao. Chinese President Hu Jintao addresses a rally honoring Chinese national labor heroes and advanced workers at the Great Hall of the People in Beijing, China, April 27, 2010.Hu, also general secretary of the CPC Central Committee, praised the model workers and advanced workers for their "outstanding contributions in pushing forward the country's social and economic advancement.""They are the outstanding representatives of hundreds of millions of working people in China who have made noticeable efforts to help build a well-off society in an all-round way," Hu said."We should promote and popularize the spirit of model workers throughout the whole of society," Hu said, adding the nation should learn from them, act like them and care for them.Hu said efforts should be made to stimulate creativity of working people to enhance the nation's sound and fast economic development.Working people, Hu added, are the major force accelerating economic restructuring, an important process China is going through.Hu encouraged working people to improve traditional industries and develop strategic new industries, in a bid to build a creative-minded, energy-efficient and environment-friendly society.Hu said the government will take "political, economic, social, legal and administrative measures" to protect the interest of labor to boost social equality and justice.The government will also work to create more jobs and lift income for workers, Hu said.At the ceremony, Premier Wen Jiabao called on the whole nation to follow the example of model workers and make greater contributions to the country's development.

BEIJING, April 22 (Xinhua) -- China's top food safety authority issued new regulations Thursday, setting more stringent requirements on the use and the approval of food additives.The Ministry of Health's "Regulations of New Food Additives," published on its website, set six new restrictions on the use of food additives.The new regulations forbid the use of food additives to mislead consumers about the content and quality of food or to fake food content.Using food additives to disguise decaying and bad quality food is also forbidden.Under the new regulations, food producers are required to use the minimum amount of necessary food additives, and are not allowed to use those that would reduce the nutritional value of food.The ministry would approve new food additives, only if they are proved to be necessary in food production and safe for humans in tests organized by the ministry, the new regulations stipulate.The ministry must conduct reassessments of the safety of its approved food additives, when their necessity and safety are questioned by new research results.The new regulations takes effective Thursday.Food quality in China has been a major concern after a series of scandals.In 2004, at least 13 babies died from malnutrition in the east China's Anhui Province and another 171 were hospitalized, after consuming infant milk powder that contained too little protein.In November 2006, the country's food safety authorities found seven companies producing salted red-yolk eggs with cancer-causing red Sudan dyes to make their eggs look redder and fresher.And in 2008, six babies died and 300,000 others fell ill after being fed with baby formula made from milk contaminated with the industrial chemical melamine.

BEIJING, May 7 (Xinhua) -- Senior Chinese leaders He Guoqiang and Zhou Yongkang on Friday urged the country's prosecutors to stick to just and incorrupt work practices.The fight against corruption is still very difficult and the campaign of building a clean-fingered Party and government should be firmly pushed forward, said He, member of the Political Bureau Standing Committee of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC.   He Guoqiang (L Front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, visits an exhibition showcasing the development of China's prosecution system, in Beijing, capital of China, May 7, 2010.He made the remarks when visiting an exhibition showcasing the development of China's prosecution system.