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HONG KONG, April 23 (Xinhua) -- The Hong Kong Special Administrative Region held Friday a grand funeral ceremony to say goodbye to well-known businessman Tsui Tsin-tong, who was also a noted social activist, philanthropist and a close friend to the Communist Party of China.Tsui was also a member of the Standing Committee of the Chinese People's Political Consultative Conference (CPPCC) National Committee before he died of an illness on April 2 this year in the Chinese capital of Beijing at the age of 69.Jia Qinglin, chairman of the National Committee of the CPPCC, the country's top advisory body, and Chinese Vice President Xi Jinping had both sent messages of condolences to Tsui's family after Tsui's death.In their messages of condolences, Jia and Xi praised Tsui for his great contributions to Hong Kong's stable transition, smooth handover from Britain to China and Hong Kong's lasting prosperity, as well as Tsui's contributions to Chinese mainland's reform-and- opening-up drive and modernization.Tsui's funeral ceremony was held at Hong Kong's landmark Convention and Exhibition Center in the day. Tsui's cinerary casket was covered with a Chinese national flag.Tung Chee-hwa, vice chairman of the National Committee of the CPPCC, Chief Executive of the HKSAR Donald Tsang and Peng Qinghua, director of the Liaison Office of the Central People's Government in the HKSAR attended the funeral ceremony.Peng recalled in his memorial speech Tsui's life, his contributions to Chinese mainland's reform-and-opening-up drive and modernization as well as China's peaceful re-unification.Hundreds of representatives from the Liaison Office of the Central People's Government in the HKSAR, the HKSAR government, Hong Kong's Legislative Council and other government agencies, as well as Tsui's friends, also attended Tsui's funeral ceremony.
BEIJING, April 8 (Xinhua) -- China expressed its concerns Thursday about a Chinese coal ship that ran aground off the eastern coast of Australia.Chinese Foreign Ministry spokesperson Jiang Yu told a regular press briefing China is paying close attention to the incident and has taken immediate action to deal with it.China is concerned an oil spill may pollute Australia's Great Barrier Reef, Jiang said, adding that the related shipping company and Australian authorities should enhance cooperation to appropriately address the issue.Jiang said China's embassy in Australia contacted local authorities and urged them to ensure the crew's safety.Australia has taken rescue measures in time, she said, noting that the body of the ship has been kept stable and the crew are safe.The Chinese-owned, 230m-long bulk coal carrier Shen Neng 1 ran aground about 70 km east of Great Keppel Island shortly after 05:00 p.m. local time on Saturday. About two tonnes of fuel oil have spilled, creating a slick about 3 km long and 100 meters wide.The vessel, carrying 950 tonnes of heavy fuel oil and 65,000 tonnes of coal, was bound for China.

BEIJING, May 15 -- China is planning to raise the proportion of profits it collects from major State-owned enterprises (SOEs) in a move to balance income distribution, but analysts said the move should be bolder and the collected profits used to improve public well-being.The Ministry of Finance said on Tuesday that it might raise the ratio of profits of SOEs to be submitted to the State coffers.According to existing rules, monopoly enterprises under the administration of the central government in sectors like tobacco, oil, petrochemicals, power, telecommunications and coal mining should submit 10 percent of their post-tax profits, while the ratio for those in the iron and steel, transportation, electronics and trade sectors should be 5 percent.Financial corporations and companies in sectors like railways, transportation, education, culture, science and technology and agriculture are not included in the profit submission framework.The Ministry of Finance did not reveal by how much the ratio would be raised."It should be raised properly, and even if it were raised by 10 percentage points, it doesn't matter too much for those central enterprises, given their high profit level," said Zhang Wenkui, researcher with the State Council's Development Research Center.Central enterprises have been criticized by the public for having taken advantage of their monopoly or market predominance to make excessive profits. Some of them have further fueled public anger as they bid to purchase land at high prices, which is believed to have pushed up home prices.The central government collected profits of 14 billion yuan ( billion), 44.4 billion yuan and 98.9 billion yuan respectively in 2007, 2008 and last year from SOEs. In 2009 alone, however, the enterprises made profits totaling 965.6 billion yuan.
CHENGDU, May 24 (Xinhua) -- Top legislator Wu Bangguo has told authorities in Sichuan Province that post-quake reconstruction should continue to be the top priority.Wu, chairman of the National People's Congress Standing Committee, made the remarks when visiting the quake zone in southwest China from May 20 to 24. The 8-magnitude quake on May 12, 2008, has left more than 80,000 people dead or missing."Restoration and reconstruction in the quake zone must continue to be on top of Sichuan's economic and social development agenda," Wu said.Wu Bangguo (L), Chairman of the National People's Congress (NPC) Standing Committee, visits local people of Qiang ethnic group in Dongjienao village of Wenchuan County of southwest China's Sichuan Province during an inspection tour of the quake-hit areas in Sichuan, May 21, 2010.He said efforts should be made to build the quake zone into a new economic growth engine, as well as a model of the changing development pattern and model for low-carbon usage.Visiting rebuilt communities, schools and factories, Wu told local authorities to ensure the quality and safety of reconstruction projects and stressed the supervision of reconstruction funds.Permanent residential houses for more than 5.3 million households have been rebuilt since the quake, as well as 86 percent of the schools.He also said governments in the quake-hit areas should work closely with development partner provinces and cities, and accelerate industrial upgrading.
BEIJING, May 24 (Xinhua) -- Clean energy projects, specifically new energy vehicles, energy-efficient construction and clean coal technology, are the key areas of science cooperation between China and the United States, a Chinese official said here on Monday.According to a new agreement between the two countries, they will invest in joint laboratories, and support research in related areas, Cao Jianlin, vice minister of science and technology of China, told a news briefing on the second China-U.S. Strategic and Economic Dialogues."Both China and the U.S. are the major car production and consumption countries thus both seek to develop new energy vehicles," said Cao.China is the biggest construction market in the world and a major coal consumption country, while the U.S. is also eyeing energy conservation in construction and coal consumption, he said.The U.S. is a country with advanced technologies, and China also has cutting-edge technologies regarding energy applications. The complementary cooperation between the two will benefit both Chinese and American people, Cao added.
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