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Chinese Premier Wen Jiabao delivers a keynote speech at a national meeting to honor 355 Chinese counties and cities as models in the work of "Shuangyong," in Beiing, on Jan. 4, 2008. Wen called for greater efforts to be made in the area of unity between the army and the government and between the army and the people. [Xinhua]Chinese Premier Wen Jiabao on Friday called for greater efforts to be made in the area of unity between the army and the government and between the army and the people.He issued the call at a national meeting to honor 355 Chinese counties and cities as models in the work of "Shuangyong.""Shuangyong" is a word used to convey the concept of mutual support, namely that "the government and the people support the military and give preferential treatment to the families of servicemen and martyrs, and the military supports the government and cherishes the people."Wen said: "It is of extreme importance to consolidate the solidarity between the military and the government and between the military and the people." He noted that doing so would safeguard the country's economic and social development and the building of a modernized armed force.Chinese Premier Wen Jiabao presents awards to representatives during a national meeting to honor 355 Chinese counties and cities as models in the work of "Shuangyong," in Beiing, on Jan. 4, 2008. [Xinhua]Wen said that "shuangyong" had long been a good tradition and a unique political advantage for the Party, army and people.It is an irrefutable truth that "so long as the army and people are united as one, they can defeat any enemy," the premier said.Wen asked Party organizations and governments at all levels to put this work high on their agenda, strengthen guidance at grassroots levels, and incorporate the concept of "putting people first" into practice.
Chinese Premier Wen Jiabao delivers a keynote speech at a national meeting to honor 355 Chinese counties and cities as models in the work of "Shuangyong," in Beiing, on Jan. 4, 2008. Wen called for greater efforts to be made in the area of unity between the army and the government and between the army and the people. [Xinhua]Chinese Premier Wen Jiabao on Friday called for greater efforts to be made in the area of unity between the army and the government and between the army and the people.He issued the call at a national meeting to honor 355 Chinese counties and cities as models in the work of "Shuangyong.""Shuangyong" is a word used to convey the concept of mutual support, namely that "the government and the people support the military and give preferential treatment to the families of servicemen and martyrs, and the military supports the government and cherishes the people."Wen said: "It is of extreme importance to consolidate the solidarity between the military and the government and between the military and the people." He noted that doing so would safeguard the country's economic and social development and the building of a modernized armed force.Chinese Premier Wen Jiabao presents awards to representatives during a national meeting to honor 355 Chinese counties and cities as models in the work of "Shuangyong," in Beiing, on Jan. 4, 2008. [Xinhua]Wen said that "shuangyong" had long been a good tradition and a unique political advantage for the Party, army and people.It is an irrefutable truth that "so long as the army and people are united as one, they can defeat any enemy," the premier said.Wen asked Party organizations and governments at all levels to put this work high on their agenda, strengthen guidance at grassroots levels, and incorporate the concept of "putting people first" into practice.
China Railway Construction Corp. (CRCC), the country's leading rail builder, may raise as much as 22.25 billion yuan (3.1 billion U.S. dollars) in its initial public offering (IPO) in Shanghai. In a statement to the Shanghai Stock Exchange late Sunday, the state-owned company said it has cut the number of A shares it is offering to 2.45 billion from 2.8 billion after reconsidering its capital demand. The 2.45 billion shares represent 23.44 percent of CRCC's outstanding capital. The firm had built nearly 34,000 kilometers of rails by the end of 2006, more than half of all the rail links built nationwide since 1949. On Feb. 14, CRCC was given green light by the China Securities Regulatory Commission to issue no more than 2.8 billion A shares on the Shanghai Stock Exchange. The IPO price range was set between 8 to 9.08 yuan and it translated into 26.92 to 30.56 earnings multiples after the domestic share sale, according to the statement. The company would start to receive from institutional investors orders for its 612.5 million shares, or 25 percent of the offering, on Feb. 25 and 26. The retail investors would be able to subscribe for the remaining shares on Feb. 26, the statement noted. CRCC also planned to sell no more than 1.71 billion H shares in Hong Kong. The company established its name by building the Qinghai-Tibet railroad, Shanghai maglev rail line and the Beijing-Kowloon railway. It also took the largest share in the bidding for the construction of the express railway linking Beijing and Shanghai. Its total assets amounted to 155 billion yuan (21.7 billion U.S. dollars) by the end of November 2007, with net profit reaching 2.8 billion yuan (391.8 million U.S. dollars).
China's disciplinary watchdog posthumously stripped a former senior political adviser of his membership in the Communist Party of China for leading a "dissolute lifestyle and serious violations of Party discipline." Song Pingshun, former chairman of the Tianjin Municipal Committee of the Chinese People's Political Consultative Conference, an advisory body to the parliament in the northern port city of Tianjin, was discovered dead on June 3. A police investigation determined he had committed suicide. The CPC Central Commission for Discipline Inspection decided to take the rare step of posthumous expulsion after finding that Song had "abused his public power to seek benefits for his mistress, seriously violating CPC discipline." "Song, morally degenerate, kept a mistress and helped her obtain money through illegal means," the discipline watchdog said. Song, 61, a native of northern China's Hebei Province, became the top political adviser in Tianjin, a booming municipality directly under the central government, in March 2006. He had also served as vice mayor, police chief and secretary of the Tianjin CPC Political Science and Law Commission, which is in charge of the city's police and legal sectors. The CPC expelled 21,120 members last year for breaking its rules, mainly for taking bribes. Corruption remains a serious problem in China, the Political Bureau of the CPC Central Committee earlier warned Party members. More than 1,000 Chinese officials above the county level were punished for corruption during the first five months of this year, up 2.4 percent from the same period last year. More than 64 percent of the total involved "serious cases" in which officials took more than 50,000 yuan (US,600) in bribes or embezzled more than 100,000 yuan in public funds.
KUNMING -- Fourteen people were killed and six others were injured after a bus veered off a road and plunged into a ravine in southwest China's Yunnan Province, a local government official confirmed on Thursday.The bus with 20 passengers on board veered off a highway in Maguan County of Wenshan Autonomous Prefecture of Zhuang and Miao Nationalities at 3:30 p.m. Wednesday, said Liu Qingfu, deputy head of the publicity department of Wenshan prefecture.Fourteen people died at the scene. The injured have been rushed to a nearby hospital and are reportedly out of danger.The cause of the accident is still being investigated.