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BEIJING, Oct. 18 (Xinhua) -- China's new rules on foreign media reflected the country's determination to carry on the policy of opening up to the outside world, a senior information official said here Saturday, hours after the issuing of the new rules. Wang Chen said this in a ceremony for the establishment of "Israel Epstein Research Center" of Qinghua University. Wang pointed out that the new rules draw on the experience of providing service and managerial assistance for foreign correspondents during Beijing Olympics, and they will make foreign correspondents reporting activities in China more convenient. "Chinese government welcomes foreign media and reporters, and we hope more stories about the country will be told to the world. We will spare no effort to provide help and service to them," he said," meanwhile, we hope foreign media and reporters could abide by Chinese laws and professional morals, to report unbiasedly and justly, so to promote understanding and cooperation between China and the rest of the world." According to the new rules, foreign reporters wishing to interview organizations or individuals in China no longer need to be received and accompanied by the Chinese organizations. An item in the old version was also cancelled, which asked foreign reporters to get approval from the local government's foreign affairs department when they wanted to do reporting in the regions open to them. Seymour Topping, a famous journalist from the United States and the former administrator of the Pulitzer Prizes, told Xinhua that the removal of the restrictions on foreign correspondents may mark an important progress of China, China should learn to tolerate the judgement of the outside world, be it positive or negative. That will show a more confident China, he said. Huang Youyi, deputy director-general and editor-in-chief of China International Publishing Group, said:" Sadly some foreign media reported inaccurately about China. But I believe with more foreign reporters coming, the proportion of accurate reports will increase." "How great it is!" Wang Yu, who lives in Haidian District of Beijing smiled when she heard about the new rules," the foreign reporters will see that the world is a family, and Chinese people do have speech freedom." A backpacker named Wang Shaofei from Hainan Province in the south of China said:" if any foreign reporters come to me, I will tell them the new development and changes of my hometown. Maybe I could know more about the cultures abroad, too."
BEIJING, Oct. 20 (Xinhua) -- China's top economic planning agency on Monday said it would raise the minimum purchasing price for wheat by as much as 15.3 percent starting next year. The move by the National Development and Reform Commission (NDRC) aims to boost rural income and grain output. The country, with a population of more than 1.3 billion, relies mainly on domestic production for food. By hiking grain purchasing prices the NDRC hopes to motivate farmers to increase agricultural production. The government's minimum purchasing price for white wheat next year will be 0.87 yuan (12.7 U.S. cents) per 500 grams, 13 percent higher than prices in 2008. In addition, prices for red and mixed wheat will be 0.83 yuan per 500 grams, up 15.3 percent. The agency also pledged to further increase subsidies for agricultural production materials, machinery and crop seeds. It will also increase commercial reserves of fertilizer to help ensure market supply and price stability. The NDRC would like to expand China's grain production capacity by 50 million tons. On Oct. 11, China's Ministry of Agriculture predicted an increase in grain output for the fifth consecutive year. According to estimates from the State Grain Information Center, this year's grain output should reach 511.5 million tons, up 10 million tons from 2007. The central government allocated 102.86 billion yuan (15.1 billion U.S. dollars) in agriculture subsidies this year, doubling the money from 2007. The NDRC also plans to raise the minimum purchasing price for rice next year, although it did not give further details.
NANJING, Jan. 11 (Xinhua) -- Chinese Premier Wen Jiabao on Sunday wrapped up his 3-day inspection tour in eastern Jiangsu Province, during which he urged to enhance confidence and put in place government measures to boost domestic demands. Wen referred to "confidence" a number of times when he visited local businesses. Chinese Premier Wen Jiabao (2nd L Front) visits Sunshine Group Co., Ltd. in east China's Jiangsu Province, Jan. 9, 2009. Wen made an inspection tour in Jiangsu Province from Jan. 9 to 11. In the Jiangsu Sunshine Group, a clothes manufacturer, the company head told Wen that although the financial crisis hit the exporting businesses, their orders didn't drop as they kept bringing new products into the market. Workers were busy working on those orders due before the Spring Festival, Chinese traditional New Year. "The government's policies have created a favorable environment for businesses, but companies must be more creative and brave to overcome the financial crisis," Wen said. "You not only need to conquer the temporary difficulties, but also improve management, product quality and competitiveness, so as to be competitive in the world market." Chinese Premier Wen Jiabao (2nd L) talks to shoppers at Suguo supermarket in Nanjing, capital of east China's Jiangsu Province, Jan. 10, 2009. Wen made an inspection tour in Jiangsu Province from Jan. 9 to 11. On Saturday, Wen visited a farm equipment manufacturer in Changzhou city. He asked about equipment sales when the company leader said the government's policies had been a great help for the company's development. The policies include changing value-added tax, enhancing tax rebate and giving allowance to farmers who buy farm equipment. Wen encouraged the company to make the best farm equipment. "China has the world's largest population of farmers, and we should make the best farm equipment as well. I hope with your efforts, we could make it come true," Wen said. During the tour, Wen visited many other companies, including oil companies, telecommunications manufacturers and food plants. Chinese Premier Wen Jiabao (R) visits Changfa Group in Changzhou City, east China's Jiangsu Province, Jan. 10, 2009. Wen made an inspection tour in Jiangsu Province from Jan. 9 to 11. Wen had discussions with experts from different industries on overcoming the current financial crisis. He emphasized on "confidence", and urged to rejuvenate the economic as soon as possible. Wen also visited Changzhou vocational education base, where he told students that ensuring employment is the government's major task in order to conquer the financial crisis. "Knowledge is power, safety and happiness," Wen told the students. "I hope all of you can serve the people with your talents." Chinese Premier Wen Jiabao (R) talks to local residents in the Xuanwu District of Nanjing, capital of east China's Jiangsu Province, Jan. 10, 2009. Wen made an inspection tour in Jiangsu Province from Jan. 9 to 11. Chinese Premier Wen Jiabao (2nd R) talks to shoppers at Suguo supermarket in Nanjing, capital of east China's Jiangsu Province, Jan. 10, 2009. Wen made an inspection tour in Jiangsu Province from Jan. 9 to 11.
BEIJING, Nov. 6 (Xinhua) -- The Agricultural Bank of China (ABC) on Thursday signed an agreement with Central Huijin Co., an investment arm of the government, for a 130-billion-yuan (19 billion U.S. dollars) capital injection in preparation for an eventual stock listing. Xiang Junbo, the state-owned bank's president, said the injection would boost the bank's capital base, improve its financial status and enhance its profitability. After the injection, Central Huijin and the Ministry of Finance each will have half of the bank's ownership. Lou Jiwei, head of Central Huijin's board of directors, said the company would help ABC improve its corporate governance to make it a modern commercial bank with global competitiveness. According to Xiang, ABC's profit grew 35 percent year-on-year to 98 billion yuan in the first three quarters. As of Sept. 30, deposits totaled 5.9 trillion yuan and loans 3.97 trillion yuan, rising by 690 billion yuan and 300 billion yuan, respectively, from a year earlier. The Agricultural Bank of China (ABC) on Thursday signed an agreement with Central Huijin Co., an investment arm of the government, for a 130-billion-yuan (19 billion U.S. dollars) capital injection in preparation for an eventual stock listing Of the loans, 1.39 trillion yuan went to agriculture-related projects, up 120 billion yuan year-on-year. Xiang said one of the bank's major tasks after the capital injection would be to develop its rural network and increase agricultural lending. The State Council, or the Cabinet, approved ABC's shareholding reform plan on Oct. 21.
TIANJIN, Jan. 20 (Xinhua) -- Chinese Vice President Xi Jinping has called for government and party officials to maintain their political integrity and lead the people to overcome difficulties amid hardships. Xi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during an inspection tour to the northern coastal city of Tianjin from Sunday to Monday. Chinese Vice President Xi Jinping (1st R, front), also member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, talks to teachers and students on campus of Tianjin University during his visit to Tianjin Municipality Jan. 18, 2009. Party committees at all levels must make efforts to improve the awareness of political responsibility of officials, and make sure the officials would abide by party disciplines and political ethics, and preserve integrity in their work, Xi said. He urged officials at all levels to study President Hu Jintao's speech at last Tuesday's plenary session of the CPC Central Commission for Discipline Inspection (CCDI). Officials must keep in close contact with the public, prioritize people's interests during their work, and address their needs, he said. Xi called for officials to ask the people for advice and suggestions, and try harder to take practical measures to tackle public difficulties. He said officials should be the first to bear hardships, but the last to enjoy comforts. Extravagance and waste during work must be opposed to enhance official's capability in fighting corruption, he said.