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ZHENGZHOU, April 23 (Xinhua) -- Senior Chinese leader Jia Qinglin urged making all-out efforts to ensure economic growth, care for the lives of people and ensure stability during a research trip. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call during a visit to central Henan Province from April 17 to 23, where he visited enterprises, urban and rural communities, research agencies and colleges. There had been positive changes in China's economic development as the central government's macroeconomic policies started to pay off, Jia said. But downward pressure was still great, said Jia, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee. Jia Qinglin (2nd R), chairman of the National Committee of the Chinese People's Political Consultative Conference, shakes hands with students at Henan Agricultural University in central China's Henan Province, April 21, 2009. Jia Qinglin made an inspection tour in Henan Province on April 17-23Jia called for more support for companies, especially small and medium-sized ones, and help enterprises to increase exports and carry out technological upgrading. He urged government departments to resolve the employment problems of rural workers and college graduates and expand the coverage of basic pension and health-care systems as well as the minimum living allowance system. Great importance should be attached to work safety and the quality and safety of food and medicine, Jia said. He also urged better work on promoting grain production, increasing farmers' incomes, building housing for low-income earners and improving the development of small towns.
TAIYUAN, June 13 (Xinhua) -- "Terrorists" took over part of a police school in Taiyuan, the capital of northern Shanxi Province, late Friday night, and then, they attacked a number of other important and public targets in this north China city. It ushered in a replica of antiterror battle as part of the "Great Wall-6" antiterror exercise in areas around Beijing, the national capital since last week. A spokesman of the exercise headquarters told Xinhua that the drills in Taiyuan were aimed to test the abilities of the government and antiterror forces in dealing with a large-scaled terror attack on several targets, involving many people held hostages by the terrorists.

BEIJING, May 9 (Xinhua) -- The nearly 10 billion yuan donation from the Communist Party of China (CPC) members would all be used for the reconstruction of China's quake zones, the Organization Department of the CPC Central Committee said Saturday. As one of the relief efforts after an 8.0-magnitude earthquake battered southwestern China on May 12 last year, some 45.5 million CPC members donated 9.73 billion yuan (1.43 billion U.S. dollars) as "special membership fees" for the quake victims. So far, nearly 90 percent of the fund had been allocated to the quake regions, and the rest would also be appropriated according to procedures, the department said in a statement. The money was spent on rebuilding schools and subsidizing survivors among others, it said
LANZHOU, June 11 (Xinhua) -- Chinese Vice President Xi Jinping has called for different levels of Party and government leaders to make contributions that will bring long-term benefits and could stand up to the test of time and people's evaluation. Xi made the call during during a four-day trip to Gansu that ended on Wednesday. Gansu is a hinterland province that was also hit by a magnitude-8.0 quake centered in southwestern Sichuan Province last May. Chinese Vice President Xi Jinping (R, front) talks with a villager while inspecting the post-earthquake reconstruction at Jiajiasi Village in Qinzhou District, Tianshui City of northwest China's Gansu Province, on June 8, 2009. Xi made an inspection tour in Gansu from June 7 to June 10.He asked local leaders to be hardworking, embrace frugality and passion in their work and carry forward and promote the good traditions and revolutionary spirit of the Communist Party of China (CPC). During the trip, Xi paid visits to rural households, enterprise workshops, schools, research institutes and spent time chitchatting with farmers. Chinese Vice President Xi Jinping (C) visits villager Han Huaiqing at Liyuanbao Village in Huachi County, Qingyang City of northwest China's Gansu Province, on June 7, 2009. Xi made an inspection tour in Gansu from June 7 to June 10In villager Han Huaiqing's home, Xi and Han talked about the promotion of new corn planting technologies, price fluctuations of commodities, the implementation of rural medicare system and reduction of agricultural taxes. In enterprise workshops, Xi asked about enterprise restructuring, a way adopted by local enterprises to offset the impact of the global economic downturn. He also urged efforts to help enterprises to overcome difficulties in production and operation. In villages that were affected by the massive earthquake, Xi urged local officials to place reconstruction of the quake-battered area at the top of their agenda and called for high quality in reconstruction projects. Chinese Vice President Xi Jinping (C) visits the school library of Lanzhou University, in Lanzhou, capital of northwest China's Gansu Province, on June 9, 2009. Xi made an inspection tour in Gansu from June 7 to June 10.
BEIJING, June 21 -- Chinese stocks rose to a weekly high on Friday after the securities regulator lifted a nine-month ban on initial public offerings (IPOs), indicating investors' strengthened confidence in the market based on ample liquidity and clearer signs of economic recovery. The Shanghai Composite Index, which tracks the bigger of China's bourses, rose 26.59, or 0.9 percent, to 2,880.49 at close, its highest close since July 28, 2008. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, gained 0.7 percent to 3,080. Investors are set to return to the bourses in a big way with the return of initial public offerings and robust economic indicators. The market barometer has also shown significant gains in the past few days. Shi Yan "We expected the new IPOs to be the biggest bad news for the capital market this year," said James Yuan, chief investment officer of Everbright Pramerica Fund Management Co Ltd. "But now it is not as daunting, thanks to the improved economy, more liquidity and new listing rules." Guilin Sanjin Pharmaceutical Co, a medium-sized drug firm, on Thursday night received regulatory approval from the China Securities Regulatory Commission (CSRC) to seek a stock exchange listing, marking the resumption of IPOs since September last year. The company said it plans to float 46 million A shares on the Shenzhen bourse on June 29 and will start a road show for the same on June 22. "The restarting of IPOs of smaller firms rather than the big caps indicates that the government aims to stabilize the market," said Dong Chen, senior analyst, CITIC China Securities. "If the market does not panic after the new round of IPOs, the regulator will grant more approvals next week, but probably for small caps." Earlier reports said China State Construction Engineering Corp (CSCEC), the country's biggest home-builder, would probably be among the first batch of companies to issue 12 billion shares to the public and raise about 40 billion yuan. Based on the number of new shares to be issued and the average price-earning ratio on the secondary market, analysts said the 32 companies now waiting could raise as much as 70 billion yuan through their IPOs. "The loose monetary policy, coupled with the huge advance of the Shanghai Composite Index, has bolstered confidence that the stock market can withstand the added supply of stock," said Dong. "Meanwhile, the anticipation of gains on their investments may propel more investors to test the market waters, when the bullish trend becomes clear," he said. China's major market barometer has surged nearly 58 percent this year, thanks to the government's timely launch of the 4-trillion-yuan economic stimulus package and loose monetary policy. The resumption of IPOs is also expected to give a strong boost to brokerages whose earnings are expected to improve on the investment banking revenues. CITIC Securities gained 2.8 percent to 29.54 yuan, the highest in a year, while Sinolink jumped 10 percent to 21.46 yuan. Shares of medical companies also outperformed on news of drugmaker Guilin Sanjin's listing and the spread of the H1N1 flu virus. Beijing Tiantan Biological Products, a biological bacterin producer, jumped to its 10 percent daily limit for the second day in a row to 26.26 yuan after it said on Thursday that it had started to research bacterin for fighting the H1N1 flu virus.
来源:资阳报