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BEIJING, Feb. 24 (Xinhua) -- The Standing Committee of the National People's Congress (NPC) will vote on draft laws on vehicle and boat taxes at the end of its bimonthly sessions on Friday.The group is also expected to vote on protecting the nation's intangible cultural heritage and a draft amendment to the Criminal Law.The Chairperson's Council of the NPC Standing Committee adopted the decision at a Thursday meeting presided over by NPC Standing Committee Chairman Wu Bangguo.The three drafts will undergo further deliberation and revision based upon the opinion of the members of the NPC Standing Committee before the laws are put to a vote.Under the draft law on vehicle and vessel taxes, there will be a reduction in taxes for vehicles with engines smaller than 2.0 liters, which accounts for 87 percent of China's cars. Vehicle owners would also be required to submit tax certificates in order to qualify for a road-worthiness certificate.
BEIJING, Feb. 8 (Xinhuanet) -- China's railroads and highways will see their busiest day of the Spring Festival holiday on Tuesday when the number of travelers returning to major cities hits its peak, just as a cold snap sweeps across much of the country, the ministries of railways and transport said on Monday.The Ministry of Railways said on its website that there had been a sharp rise in the number of travelers leaving smaller cities on Monday bound for such places as Beijing, Shanghai and Guangzhou.The ministry said the number of people on the move on Tuesday is likely to make the day the Spring Festival travel peak.The nation's roads are also likely to be at their Spring Festival maximum on Tuesday and Wednesday, the Ministry of Transport reported on Monday on its official website.The National Meteorological Center (NMC) added on Monday that a moderate cold snap was expected on Tuesday, causing temperatures to fall by between four and six degrees in most parts of China.The weather pattern will bring widespread rain and snow to the southern part of China from Wednesday to Friday, the NMC said.The Ministry of Railways said on its website that it has asked its local branches to be prepared for the upcoming icy weather.Meanwhile, the local authorities in big cities have been bracing for the arrival of massive numbers of travelers as the Spring Festival holiday winds down.In Shanghai, tens of thousands of public transportation workers cut their holidays short and put 27 additional bus lines on the road to meet demand as passengers began arriving in large numbers at the city's railway stations.The influx began on Saturday night, according to local newspaper Wenhui Daily.On Sunday, the pressure intensified on the Qinghai-Tibet railway, two days earlier than expected.As a result, the railway company organized additional workers to facilitate the flow of people through Xining Railway Station in Northwest China's Qinghai province.Many volunteers have also been pitching in to help keep people moving and have offered to do various jobs at stations, such as helping people buy tickets and assisting them in checking their travel schedules.Among them, Liu Chen, a student from the Guangzhou-based Zhongkai University of Agriculture and Engineering, has been helping people at Guangzhou Railway Station by carrying their bags."One day, I helped more than 70 passengers with their luggage and, after all of them got on the trains, it felt like my legs were almost paralyzed," he said.The Hohhot railway bureau in North China's Inner Mongolia autonomous region said it is expecting so many extra passengers that it has scheduled four additional trains for lines to Chongqing and Beijing.With so many people scrambling to get back from family gatherings and holidays to their jobs in China's big cities, the rush to buy tickets has been phenomenal. Tickets for trains that will leave Nanjing on Tuesday for Beijing, Guangzhou, Harbin and Changchun had virtually all gone on Monday morning, Jiangsu's Yangtse Evening Post reported.On Sunday, the fourth day of Spring Festival, the country's railways carried a total of 5.3 million travelers, which was up by 12.8 percent on the 4.7 million who rode the rails a day earlier, according to the Ministry of Railways.Another 38.6 million travelers made Spring Festival trips on Sunday on buses and ships, according to the Ministry of Transport.The traditional chunyun period, or Spring Festival travel season, runs for 40 days and is calculated in two phases: 15 days before Spring Festival Eve and 25 days after it, as stipulated by the central government.China's railways moved about 77.3 million passengers during the first 15-day period, which ran from Jan 19 to Feb 2, the Ministry of Railways reported.
BEIJING, Feb. 22 (Xinhua) -- Chinese Foreign Minster Yang Jiechi and his Austrian counterpart Michael Spindelegger held talks here on Tuesday, pledging to enhance bilateral ties through deeper cooperation.Yang hailed the remarkable development of bilateral ties since the two countries established diplomatic relations 40 years ago.He said both sides should see the 40th anniversary as a new starting point for maintaining traditional friendship, deepening political mutual trust, expanding cooperation and enhancing cultural exchanges, to strive for greater development of bilateral ties.He stressed that China appreciates the Austrian government's adherence to the one-China policy.For his part, Spindelegger said the Austrian side attaches great importance to developing ties with China and he hoped both sides will strengthen cooperation in various fields in a more pragmatic way.The two also exchanged views on some international and regional issues of common concern.
BEIJING, Feb. 15 (Xinhua) -- A senior Chinese mainland official has said the government will work with Taiwan to enhance cross-Strait economic exchanges and cooperation.The mainland would this year focus on fulfilling the cross-Strait Economic Cooperation Framework Agreement (ECFA) and conducting follow-up negotiations on the pact, which took effect in September last year, Xu Mang, director of the economy bureau of the Taiwan Affairs Office of the State Council, told Xinhua in an interview.Top of the follow-up agenda was cross-Strait investment protection. The mainland hoped to reach a mutually beneficial agreement on the issue with Taiwan at an early date, with concerns of both sides respected, Xu said.Xu said the two sides should adhere to the principle of balance in negotiations, aiming for effective protection, fewer restrictions and more convenience for cross-Strait investment.Mainland and Taiwan negotiators agreed in December last year to continue discussing the investment protection agreement at the seventh round of talks scheduled for this year.The mainland would also continue this year to encourage investment in Taiwan, address Taiwan enterprises' concerns over economic transformation and development, and promote cross-Strait cooperation in finance, modern services and agriculture, Xu said.The first step in implementing the ECFA, the "early harvest program," took effect on Jan. 1, when the mainland reduced tariffs on 539 Taiwanese items, or 16 percent of imports from Taiwan, while Taiwan cut duties on 267 mainland items, 10 percent of imports from the mainland.Within two years, the duties on those products will be reduced to zero.Xu said the implementation of the early harvest program would boost trade links across the Strait.As the products receiving tariff reductions covered industries including agriculture, petrochemicals, machinery, textiles and transport, Taiwan businesses on the mainland would benefit from lower purchase costs on Taiwan raw materials, Xu said.Taiwan's small and medium-sized enterprises and low-income groups would especially benefit from the tariff reductions on exports of 18 agricultural products to the mainland, Xu said.Statistics from Taiwan showed that driven by the tariff reduction, the island's small and medium-sized enterprise export trade volume to the mainland would increase to 18 billion U.S. dollars per year."The tariff reduction policy will benefit more Taiwan compatriots," Xu said.Cross-Strait trade volume totaled 145.37 billion U.S. dollars last year, a rise of 36.9 percent year on year. The figure included 115.69 billion U.S. dollars of Taiwan exports to the mainland, up 20.2 percent.
MOSCOW, Jan. 21 (Xinhua) -- Russian and Chinese companies started construction of an iron ore dressing plant Friday in the Evreyskaya Autonomous Oblast to provide high-grade iron ore to the Asia Pacific region, including China.Yury Makarov, chief executive officer of IRC Ltd., told Xinhua the plant would reach its designed capacity in 2013 at 10 million tons of iron ore and 3.2 million tons of iron ore concentrates, which contain up to 65 percent iron.Makarov said that 20 percent of the iron ore concentrates, which are natural iron ore processed through crushing, grinding and dressing, would be used to meet demands of Russia's far east and the rest would go to the Asia-Pacific market. Currently, China imports large amounts of concentrates from Brazil, Australia and India."We are very open to interaction with various countries of the Asia-Pacific region, especially China. The volume of processed iron ore has been increasing every year. We will be happy to deliver iron ore to your companies as well as any other consumers who are willing to purchase our products," he said.The plant will draw its resources from the Kimkanskoye and Sutarskoye deposits and send its products through the Khabarovsk Krai and the Suifenhe port to China.The plant is only 7 km from the Trans-Siberian Railway. A railway bridge is being planned between Evreyskaya Oblast and Heilongjiang to further shorten the supply route.Total investment in the plant is 400 million U.S. dollars, with 340 million in loans from the ICBC (Industrial and Commercial Bank of China) in China. Interest under the facility will be charged at 2.8 percent above LIBOR per annum. The China National Electric Engineering Co, Ltd is tasked with the construction of the plant.Makarov said he was very optimistic about the future of the plant and the development of relations between the Russia's far east and China's northeastern region.IRC Ltd. is a metal unit of Russian gold miner Petropavlovsk PLC. It became the second Russian company to be listed on the HK stock exchange, when it started trading on Oct. 21.