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SEOUL, April 6 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), said here Monday that the strategic and cooperative partnership between China and the Republic of Korea (ROK) has witnessed rapid growth thanks to concerted efforts made by both. Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks when meeting ROK President Lee Myung Bak. Li first congratulated the successful meeting between Lee and Chinese President Hu Jintao amidst the G20 financial summit in London. Lee, in return, highly spoke of the contribution made by China to the results scored in the summit. Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with President of the Republic of Korea (ROK) Lee Myung Bak during their meeting in Seoul, ROK, April 6, 2009 Hu-Lee summit is the latest demonstration of high-level exchanges between China and ROK. The two countries, key economic partners to the other, also carry out cooperation in cultural, educational and scientific areas. "We also strengthen communication and coordination on major global and regional issues, including China-Japan-ROK cooperation, climate change and international financial cooperation, thus ushering the China-ROK strategic and cooperative partnership in a new phase," Li said. "The development of relations with ROK takes an important position in China's foreign policy for neighboring countries," he added. To further develop such ties, Li suggested both nations maintain high-level exchanges for increasing mutual trust in political area. "Besides governmental contacts, the exchanges between parliaments and political parties should also be strengthened. And the exchanges among political parties should form a mechanism," he said. Li also proposed to make joint efforts for combating the spreading financial crisis and strengthening mutually beneficial cooperation. "We should adopt effective measures to ensure the steady growth of economic cooperation, increase cooperation in such key areas as energy, telecommunication, finance, logistic and environmental protection, and initiated negotiations of free-trade agreement at an early date," he said. He also pledged to expand people-to-people contacts, in particular the communication among young people, so as to lay a solid foundation for bilateral ties. "Exchanges of academic and media circles could also be enhanced," he said. On multi-lateral cooperation, Li suggested both keep close communication and coordination in preventing trade protectionism, reforming international financial system and strengthening global and regional cooperation on financial affairs. Li expressed appreciation for ROK's adherence to one-China policy. Li Changchun (L), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Prime Minister of the Republic of Korea (ROK) Han Seung-soo in Seoul, ROK, April 6, 2009. Lee said he has visited China three times after he assumed the presidency. "The moves fully demonstrate my firm belief for developing ROK-China relations and the strong aspiration of the our people to develop China-ROK friendship for generations to come," he said. He said that ROK considered China's development as its own opportunity and welcomed China's active and important role in regional and international affairs. ROK supports China's measures to combat the financial crisis and is willing to earnestly implement the consensus reached by leaders of the two countries, Lee said. ROK agreed to coordinate with China on macro-economic policy, he said. Also on Monday, Li met with ROK Prime Minister Han Seung-soo, in which they exchanged views on enhancing economic cooperation. Both agreed to actively advance regional cooperation for rejuvenating Asia. The two sides reached consensus that the foundation of the bilateral friendship depends on the peoples of the two countries and the future on the young generation. Currently, there are more than 1 million South Korean learning Chinese, he said. "We are willing to work with China for pushing forward cooperation in East Asia," he added. Earlier on Monday, Li visited the Ewha Womans University, the largest women university in the world. Li spoke highly of the efforts made by the university to train a contingent of female talents, who play active part in political, economic and cultural fields in South Korea. He urged both sides to further boost cultural and educational exchanges. Li attended the Chinese curricular of Ewha. He encouraged the young students to work hard as the envoys for boosting bilateral exchanges. In the afternoon, Li visited the Seoul Chinese Cultural Center, the first government-sponsored Chinese cultural facility in Asia. ROK is the last leg of Li's four-nation tour which has already taken him to Australia, Myanmar and Japan.
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.
LIAOYUAN, Jilin Province, Feb. 8 (Xinhua) -- From March to September last year, 48-year-old Li Guizhi visited the detention house of the Liaoyuan City in northwestern Jilin Province five times, asking detainees whether they had been tortured. Her question list also included: "Do you know you have the right to ask lawyers?", "Do you have enough food every day?", "Are you taken to see a doctor when you are not well?". Li, a community director of the Nankang Street of the Longshan District of Liaoyuan, was in her spare time a public inspector of detention houses. It means she could randomly select time to visit local jails and randomly choose detainees to talk to. She was also entitled to inspect the jails' condition and examine the jails' records so as to ensure that custody procedures were in line with the law and detainees were not treated inhumanely. As the first pilot city of the detention inspection system in China, Liaoyuan had 20 public inspectors like Li. They were doctors, teachers, entrepreneurs, civil servants or community workers. Meanwhile, they were either local legislators, political advisors or "people's supervisors", a voluntary post to oversee jurisdiction. They were recommended to be selected as public inspectors thanks to their legislation or public working experience. These inspectors who had received legal training would put forward proposals for improvements after each tour of the detention house which, therefore, would be obliged to ameliorate its living or working conditions accordingly. This year, the pilot program continued to be unfolded in Jinzhong of northern Shanxi Province and Zhang Jiagang of eastern Jiangsu Province. More cities would be added to the list. The Research Center of Litigation System and Judicial Reform under the Beijing-based Renmin University of China was the organizer of the program in China. Sponsored by the European Union, the program was part of a package of cooperation agreements in political, legal, cultural and economic fields. Legal cooperation between China and Europe covers areas such as the death penalty, anti-torture and professional training of judges and prosecutors. Chen Weidong, a professor with the Renmin University who was in charge of the program, told Xinhua that treatment of detainees, to some extent, reflected the level of protection of the public's rights and interests. "Through the introduction of public supervision, which is more independent, to oversee the detention place exercising its power, the system is conducive to ensuring that prisoners are treated in accordance with the law," he said. China signed the United Nations Convention against Torture in Dec. 1986 which ensured that torture was a criminal offence. "Parties must promptly investigate any allegation of torture, and victims of torture must have an enforceable right to compensation," it said. In addition, the UN passed in 2002 the Optional Protocol to the Convention, which encourages the establishment of an international inspection system for places of detention. Currently, more than 20 countries, mainly European nations, have set up the system. Many other developed countries, including the United States, have not established such a system. According to the Chinese law, law makers and political advisors were entitled to patrol detention places, reflecting parliament's and political advisory bodies' supervision over administrative organs. Over the past few years, Chinese procuratorates had set up the "people's supervisor" system, in a bid to prevent injustice amid law execution. Most procuratorates of the country had selected people's supervisors. However, the Supreme People's Procuratorate statistics show Chinese procuratorates punished 930 government workers in 2006 who illegally took people into custody and extorted confessions by torture. Chen said in the past, supervision was mainly institutional, such as recording and videotaping, and asking lawyers to be present, when interrogating suspects. "Public supervision, which we currently advocate, enables the public to gain a close and independent observance of the detention places, the result of which is more convincing and can help improve China's image in protecting human rights," he added. Chen said the inspection system examined many factors, ranging from living conditions of detention places to the fulfillment of various legal rights and interests. "It neither depends on high-tech equipment nor is confined to the number of legal workers or the time of working, so it can be promoted in any region with any economic situation," he added. However, a survey about the pilot program, conducted by the Renmin University, showed that detectives generally opposed to the system, saying inspection activities in detention places would "disturb their working plans and easily allow detainees refuse to confess". Many lawyers believed the "independent" inspection should be worthy of the name, which means detention house staff should be absent when inspectors talked to detainees. It could alleviate detainees' pressure. TO BE PROMOTED NATIONWIDE As a main propeller of the program in Liaoyuan, Wang Wensheng, the chief procurator of the Liaoyuan People's Procuratorate, admitted, "All reform will face resistance, risks and blame." Chen said local officials' open-mindedness and achievements of local judicial reform was considered as key factors in selecting pilot cities. Liaoyuan was an outstanding example. The first phase of the program, which started as early as 2006,ended last year. The second phase, with Jinzhong and Zhang Jiagang cities added to the list, aimed to find out if the system would be feasible in the country's hinterland and economically prosperous regions. The project team hoped the system, which was considered as an innovation of China's judicial reform, could be promoted nationwide, but no timetable could be set at the moment. The project was scheduled to end in 2012. Cheng Lei, a member of the project group and a post doctorate with the law institute of the Chinese Academy of Social Sciences, said, "Hopefully, the system can be extended to other parts of the country through legislation. Provincial legislation is easier, such as a law on detention place inspection system in northwestern Jilin Province." Li Guizhi, the Liaoyuan public inspector, said she felt a great honor when becoming an inspector. "Such voluntary work, without any payment, should convey a message to the world that China's efforts against torture is in line with international practice," she said.
BEIJING, April 13 (Xinhua) -- Chinese shares rose 2.84 percent Monday, advancing for a third consecutive day to a nearly eight-month high, on hopes that the economy had outperformed expectations in the first quarter. Premier Wen Jiabao told reporters in Thailand Saturday that the economy showed signs of better-than-expected changes during the first quarter as a result of the economic stimulus package. The National Bureau of Statistics is scheduled to release first-quarter growth data Thursday, which are expected to demonstrate a recovery in the world's fastest-growing economy. An investor is inside a securities firm in Chengdu, southwest China's Sichuan Province April 13, 2009 Data already announced have been positive. The central bank said over the weekend that new loans increased 1.89 trillion yuan (about 278 billion U.S. dollars) in March, the third straight month that new loans exceeded 1 trillion yuan. Economists said the March figure indicated that China's liquidity was abundant, which was crucial to an economic recovery. Wen said industrial output rose 8.3 percent in March, up from a record low of 3.8 percent in the first two months of the year. The benchmark Shanghai Composite Index reacted to the positive news and closed at 2,513.7 points, up 69.48 points. The Shenzhen Component Index was up 2.08 percent, or 194.36 points, to 9539.8. Gains outnumbered losses by 616 to 205 in Shanghai and 532 to 173 in Shenzhen. Combined turnover rose to 280.46 billion yuan from 239.98 billion yuan the previous trading day. Coal producers led gains Monday on speculation that coal prices might be raised. The country's largest coal producer, China Shenhua Energy, and six other producers, surged by the daily limit of 10 percent. Steel stocks gained on hopes of more demand as industrial output picked up. Baoshan Iron & Steel, the nation's top steel maker, rose 4 percent to 5.97 yuan. PetroChina went up 4 percent to 11.94 yuan and Sinopec rose 5.34 percent to 9.47 yuan on news that the country might soon announce details on a stimulus package for the petrochemical sector. Shipping lines and other cargo carriers gained broadly on anticipation of an economic recovery. China Cosco rose by the daily limit of 10 percent to 12.87 yuan. China Shipping Development climbed 10 percent to 13.08 yuan. China Southern Airlines, one of the nation's three major carriers, rose 6.22 percent to 6.15 yuan. Securities analysts expressed optimism about continued gains in the near term. Shanghai-based Shiji Investment said in a report that heavyweights had showed signs of robust performance and the market may rise to new highs. Analysts at Huaxun, an on-line financial information service, said the market would find support at about 2,450 to 2,470 on buoyant confidence, with investors anticipating a recovery.
BEIJING, April 14 (Xinhua) -- Chinese President Hu Jintao on Tuesday met with Papua New Guinea's Prime Minister Michael Thomas Somare.In their meeting at the Great Hall of the People in downtown Beijing, Hu said bilateral relations have made significant progress since both countries forged diplomatic ties in 1976, citing frequent high-level visits, deep political trust and fruitful cooperation in all fields. Hu appreciated Papua New Guinea's unswerving adherence to the one-China policy and support on China's peaceful reunification. Chinese President Hu Jintao (R) shakes hands with Papua New Guinea's Prime Minister Michael Thomas Somare during their meeting in Beijing, capital of China, April 14, 2009. Hu said Papua New Guinea was an important Pacific island country and played a crucial role in regional affairs. Hu said his country regarded Papua New Guinea as a good friend and partner in pacific islands. On the economic front, Hu said both countries were complementary and had a broad prospect for cooperation. He proposed both countries step up mutually-beneficial cooperation in key areas such as trade, agriculture, forestry, fishery, transportation, resources and energy. Hu said the Chinese government encouraged and supported Chinese businesses to invest and operate in Papua New Guinea. Somare, who was here for an official visit, said Papua New Guinea cherished its relations with China, which was a sincere and reliable partner. Somare said his country respected China's sovereignty and territorial integrity and adhered to the one-China policy. He thanked China for offering generous assistance to his country for many years. He said his country would like to work more closely with China on trade, energy, resources and construction. Somare is to visit south China's Hainan Province for the 2009 meeting of the Bo'ao Forum for Asia (BFA) from April 17 to 19.