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BEIJING, Aug. 2 (Xinhua) -- Chinese Premier Wen Jiabao on Saturday paid visits to three best-known senior intellectuals living in Beijing, honoring his own promise to call on these over-90-year elders once every year.     The three were linguist Ji Xianlin, founder of China's space industry Qian Xuesen, and "China's Madame Curie" He Zehui, who is the widow of China's Father of A-bomb Qian Sanqiang (1913-92). Chinese Premier Wen Jiabao (R) talks with Ji Xianlin, a well-known Chinese author and translator at the General Hospital of the Chinese People's Liberation Army in Beijing,capital of China, on Aug. 2, 2008."I've come to congratulate your birthday in advance," said Wen to Ji, who is now staying in the General Hospital of the Chinese People's Liberation Army (PLA). Ji turns 97 on August 6.     Ji, a former deputy president of the prestigious Beijing University, is known for his translation works and fruitful study on Sanscrit and other ancient Indian languages, speaks good English and German, and can read French and Russian.     In their talks, Wen exchanged views with Ji on issues like the relief efforts for the deadly May 12 Earthquake, foreign language education, and the upcoming Olympic Games in Beijing.     "Our history has always witnessed disasters like floods, droughts and earthquakes, but our nation has never been collapsed, and quite the contrary, (our nation) has become stronger and stronger after these disasters," said the premier, who is also member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau.     Ji agreed with Wen and he said in reply, "It is same for a nation and a person. Disasters train will of a person and a nation, as well." Chinese Premier Wen Jiabao (R) vists Qian Xuesen, a renowned scientist and founder of China's space technology at Qian's home in Beijing, capital of China, on Aug. 2, 2008. Afterwards, Wen visited Qian at his residence.     The premier had many face-to-face talks with Qian, who is four months younger than Ji, during the late 1980s and the early 1990s,when Wen was in charge of the development of science and technology in the CPC Central Committee. Qian was then president of the China Association for Science and Technology.     Being a geological expert himself, Wen had supported Qian for his strategic proposals on the development of sand industry, mathematics, and chemical industry. Wen even organized some experts to assist Qian in research projects.     In their meeting, the premier informed the scientist of the country's progress in space industry, such as the forthcoming launch of the Shenzhou-7 manned spacecraft, the Second Phase of the Moon-orbiting Program, and the country's ambitious plan to build large passenger aircraft.     Wen attributed China's achievements in science and technology to the decades-long efforts made by the elder generation Chinese scientists.     The premier echoed Qian that China still lags behind in many key sectors. "We have to be diligent," Wen said. Chinese Premier Wen Jiabao (L) shakes hands with He Zehui, a renowned Chinese physicist during his visit to He's home in Beijing, capital of China, on Aug. 2, 2008. Madame He, now 94, received Wen at her simple home in Beijing's Zhongguancun -- "China's Silicon Valley".     He, one of the oldest woman nuclear physicists in China, had collaborated with her husband to discover ternary fission and quarternary fission in the uranous nucleus.     Wen has been an old friend of the couple. When the husband was alive, Wen often visited their home. Once, Qian was invited to Zhongnanhai, the office compound of the CPC Central Committee and the State Council, in central Beijing, to acknowledge Wen of the latest development of the country's nuclear industry.     Wen talked with He about her daily life and health. The premier also recalled the night when he went to say farewell to the body of Qian.     Wen praised He for her simple life style and outstanding contribution to the nation. "The younger generation scientists should learn from you," he said to the senior woman scientist.

BEIJING, Oct. 8 (Xinhua) -- China's central bank on Wednesday announced cuts in both the interest rate and reserve-requirement ratio in the latest effort to boost the domestic economy amid worries over the deepening global financial crisis.     The deposit and lending rates would be lowered by 0.27 percentage points from Thursday and the reserve-requirement ratio would be down by 0.5 percentage points from Oct. 15, the People's Bank of China (PBOC) said.     "This was mainly out of concerns over an economic slowdown," said Ba Shusong, deputy chief of the Finance Research Institute under the Development Research Center of the State Council.     "The rate cut was expected as the world was faced with a cycle of interest rate cuts," he told Xinhua.     OUT OF SLOWDOWN CONCERNS     The loosening in monetary policy, the second such move in less than a month, highlighted the government's rising concern over the slowing economy and slumping capital market.     The PBOC cut the benchmark one-year lending rate by 0.27 percentage points on Sept. 16, the first rate cut in six years. It also lowered the reserve requirement at medium- and small-sized lenders by 1 percentage point as of Sept. 25.     Tang Min, China Development Research Foundation deputy secretary, echoed Ba's viewpoint.     Tang said the government made the move mainly out of concerns over domestic problems. "The deepening U.S.-originated credit crisis has impacted the psychology of Chinese and also the real economy," he told Xinhua.     Investors, gripped by lingering fears of global economic downturn, dumped equities to drive the stock market down 66 percent from its peak last October.     China's gross domestic product (GDP) expanded 10.1 percent in the second quarter of the year, marking a deceleration for four consecutive quarters.     Its exports, a major driver behind the economy, reported slowing growth this year as the credit crisis reduced overseas demand for its goods. This has led to the closures of tens of thousands of local exporters and also job losses.     Local businesses bore the brunt of higher borrowing costs and were even finding it difficult to get credit after last year's tightening measures aimed at curbing inflation and averting economic overheating.     The easing in inflation has given room for the authorities to loosen monetary policy. The consumer price index rose 4.9 percent in August, off from the 12-year-high of 8.7 percent in February.     "Inflation is no longer a threat with the declining commodities prices," Tang said.     The monetary policy has been starting to loosen and the trend would not change in the short term, said Zhuang Jian, an Asian Development Bank (ADB) economist. "The whole world doesn't have strong confidence in the economic outlook."     TAX CUT TO BOOST DEMAND     In another move to boost domestic demand, the State Council, China's Cabinet, said it would scrap the 5 percent individual income tax on savings interest earnings starting on Thursday.     China began levying a 20 percent individual income tax on interest earnings in 1999 to narrow the income gap and encourage consumption and investment. The tax rate was slashed to 5 percent on Aug. 15, 2007.     The income tax cut was a must as it would help alleviate the erosion on personal income by high prices, especially given the cut in the deposit rate, Li Yang, head of the Finance Research Institute under the Chinese Academy of Social Sciences.     The tax cut, together with lower borrowing costs, would boost domestic demand, an increasingly more important driver of economy in the global credit crisis, Zuo Xiaolei, China Galaxy Securities chief economist, said.     GLOBAL COORDINATED RESPONSE     The move was also a timely response to the rate cuts by other major central banks and part of a coordinated effort to stem the global crisis, Tang said.     Six other major central banks, including the U.S. Federal Reserve, slashed interest rates on the same day to cope with the current financial crisis.     The U.S. Federal Reserve lowered its target for the federal funds rate by 0.5 percentage points to 1.5 percent. The Bank of England cut its rate by half a point to 4.5 percent and the European Central Bank cut by the same margin to 3.75 percent.     Central banks of Canada, Sweden and Switzerland took similar actions. The Bank of Japan said it strongly supported these policy actions.     Australia's central bank on Tuesday slashed the interest rate by 1 percentage point, the largest cut since 1992.

BEIJING, Sept. 22 (Xinhua) -- China's chief quality supervisor Li Changjiang stepped down Monday afternoon with the approval of the State Council after tainted dairy products sickened tens of thousands of infants and killed three.     Wang Yong, former deputy secretary-general of the State Council, replaced him as the director of the General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ).     Li was the highest ranking official brought down so far by the dairy product contamination scandal.     Across the country, about 13,000 babies remain in hospital after falling ill from melamine-tainted milk powder, and nearly 40,000 others were also sickened but had been cured, according to the Ministry of Health on Sunday.     Wu Xianguo, the Communist Party chief of Shijiazhuang City, the epicenter of the national dairy industry tremor in northern Hebei Province, was also sacked on Monday.     Before Wu, Mayor Ji Chuntang and Vice Mayor Zhang Fawang as well as three other responsible city officials were sacked after locally-based Sanlu Group became the first dairy producer under the spotlight in the scandal.     The latest government personnel reshuffle, together with the resignation of Shanxi governor Meng Xuenong following a deadly landslide triggered by the collapse of an illegal mining dump, sent a strong signal of the central government's resolution to hold relevant officials accountable for severe production and quality incidents, said professor Wang Wei of the National School of Administration.     "Such a system is especially crucial to the building of a service-oriented government as the public, impressed with the Olympic efficiency of the governments at various levels, expect officials to retain quick-response and effective," Wang said.     Under the Civil Servants Law effective as of 2005 and the State Council Regulations on the Punishment of Civil Servants of Administrative Organs enacted last April, heads of administrative organs who fail to fulfill their duties and cause avoidable severe accidents will face removal and severer punishment.     A State Council decision released on Monday defined the Sanlu milk powder issue as a "sever food safety incident".     Wu, who doubled as member of the Standing Committee of the Hebei Provincial Committee of the Communist Party of China, was removed for delaying the reporting of the issue to higher authorities and incompetence in the disposition.     Li resigned taking the blame for supervision default.     Professor Wang found Li's resignation "no wonder". "With tightened and more efficient supervision, pathogenic dairy products would find no way to get out of the production lines," he said.     A combined result from purposeful cover-up of the producer and supervision default, the contamination scandal didn't emerge until Autumn.     Wang Yuanping from Taishun City of Zhejiang reportedly lodged a complaint to Sanlu in May, suspecting that his 13-year-old daughter developed kidney stone after drinking its milk powder.

SKOPJE, Sept. 15 (Xinhua) -- Visiting Chinese Vice Premier Zhang Dejiang met here on Monday with Macedonian President Branko Crvenkovski with both sides vowing to boost cooperation between the two countries.     "China attaches great importance to the bilateral relations with Macedonia, and regards Macedonia as a trust-worthy partner in the west Balkans," Zhang said.     Zhang pointed out that the bilateral relations between the two countries have made positive progress during the past 15 years, and that economic cooperation and exchanges in the fields such as culture, education and sports have witnessed new development.     Zhang said China is ready to broaden the areas of cooperation between China and Macedonia on the basis of mutual respect and mutual benefit, and lift the bilateral relations to a new level.     He suggested the two countries should find new areas of cooperation, and push the companies of the two countries to develop cooperation in different forms and through various conduits.     Zhang expressed thanks and gratitude to Macedonia for its stance on one-China policy and its support for China's cause of peaceful unification with Taiwan.     Crvenkovski said Macedonian highly values its relations with China, saying that Macedonia will unswervingly stick to its one-China policy.     "We are ready to work with China to strengthen the cooperation between the two countries in the areas of politics, trade and economy, and international affairs, pushing the bilateral relations forward," Crvenkovski said.     Crvenkovski congratulated China on staging a wonderful Olympic Games in Beijing, and thanked China for its long-time help and support for Macedonia.