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BEIJING, Oct. 1 (Xinhua) -- Some 53.2 million people hit the roads in China on Wednesday, the third day of the "golden week", said a Ministry of Transport (MOT) spokesman.     Although that figure was an increase of 5.1 percent year-on-year, it was 4.2 percent lower than Tuesday's 55.5 million, because most travelers began their journey in the first two days of the holiday, he said.     The "golden week" National Day holiday this year runs from Sept. 29 to Oct. 5.     The spokesman said 740,000 medium-sized and large vehicles were used to move travelers around the country on Wednesday, compared with Tuesday's 760,000 vehicles. People watch the national flag raising ceremony at the Tian'anmen Square in Beijing, capital of China, Oct. 1, 2008. Some 53.2 million people hit the roads in China on Wednesday, the third day of the "golden week", said a Ministry of Transport (MOT) spokesman    The transportation situation nationwide remained stable on Wednesday, and there were no serious traffic accidents.     Trains transported 5.83 million people on Tuesday, up 19.6 percent from a year earlier, according to the Ministry of Railways.     Some 920,000 people traveled by water on Wednesday, up 1.1 percent over the same day last year, said the MOT.

BEIJING, Aug. 15 (Xinhua) -- China's securities supervisor said on Friday that the heavy slump on the country's equities market was caused by a combination of factors, both domestic and foreign.     These included a need for internal correction, increasing uncertainties on the global markets and frequent natural disasters, China Securities Regulatory Commission (CSRC) spokesman said at a press conference.     The unsound mechanism and structure of the country's equities market worsened the situation and widened the range of the correction, he said.     The benchmark Shanghai Composite Index edged up 0.56 percent to 2,450.61 points on Friday, closing out the week slightly higher after five days of losses. The key index has tumbled nearly 60 percent from its peak in October.     However, the trend of a steady and healthy performance would remain unchanged, he said, as the country's economy maintained steady and fast growth.     CSRC would study the emerging problems, promote the improvement of basic systems and optimize the structure of fund raising, he said.     CSRC would also adjust new share supply in line with market demand, enhancing the market mechanism in regulation.     The commission has slowed new share issues this year in an effort to brake the steep index declines as any mention of new share offering would cause a sharp plunge in the index.     From January to July, CSRC only approved the new offering (at least 100 million shares) of four companies, which raised a combined 64.32 billion yuan (9.38 billion U.S. dollars). Both the frequency and amount decreased, by 64 percent and 49 percent respectively, compared with the same 2007 period.     The commission would join with the State-owned Assets Supervision and Administration Commission to set up a real-time monitoring system to supervise transfer of the state-owned shares.

BEIJING, June 22 (Xinhua) -- Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC), on Sunday vowed to deepen reform and boost regulation to promote a stable and healthy development of the capital market.     The CSRC would rationally balance the market supply and demand, and regulate the pace of fund-raising, Shang told an interior meeting in Beijing.     The stock regulator would encourage and steer funds into the market for long-term investment and gradually improve the inner market stabilizing mechanism.     China's benchmark Shanghai Composite Index have fallen 54 percent from its all time high in mid October 2007. The steep decline came amid fears that the tightening measures would erode corporate profits and the equities supply would overwhelm demand.     Analysts said the regulator has been delaying approvals of initial public offerings over the past couple of months to stabilize market that was hard-hit by weak investor sentiment.     Shang noted the CSRC would boost cooperation with the prosecutors on crackdown on market manipulation, irregular information disclosure, and false information and rumors distributed to manipulate stock prices. Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC)(    It would also cooperate with other financial regulators to closely watch the impacts of the domestic and overseas economic operation and the global financial market on the domestic capital market.     Shang said that during the process of market correction, some people deliberately spread rumors that disrupted market orders and increased volatility.

DUSHANBE, Aug. 27 (Xinhua) -- China and Tajikistan have reached broad consensus on deepening bilateral cooperation in politics, economy, trade and their efforts to combat terrorism, according to a joint statement issued here Wednesday following a meeting between the presidents of both countries.     TO ENHANCE NEIGHBORLY COOPERATION     According to the statement, the two sides agreed that the Chinese-Tajik Good-Neighborly and Friendly Cooperation Treaty signed last year forged a solid legal basis for the development of bilateral ties.     Both sides spoke highly of the current development of bilateral ties and believed the rapid development of cooperation in various fields has brought tangible benefits to the two peoples.     They also made a commitment on furthering exchanges and cooperation between China's National People's Congress and the Tajik Parliament, as well as among special committees and friendly groups, in order to improve the legal basis for bilateral ties, consolidate traditional friendship and enhance understanding between the two peoples.     The two sides hailed the settlement of border issues and pledged to seek long-term peace. They also voiced mutual support for important issues concerning each others' sovereignty and territorial integrity. Visiting Chinese President Hu Jintao (R front) reviews the honour guard with his Tajik counterpart Emomali Rakhmon during the welcoming ceremony held by Emomali Rakhmon in Dushanbe, capital of Tajikistan, Aug. 27, 2008The statement has Tajikistan reiterating its adherence to the one-China policy, saying Taiwan is an inalienable part of China.     The two sides held the point that the Shanghai Cooperation Organization (SCO) has developed smoothly and become an important platform for member states to deepen neighborly ties on the basis of mutual trust and benefit.     Central Asian countries have unique traditions in history and culture, and the international community should respect the countries' own development paths, the statement said.     The two sides pointed out that they have maintained the same or similar stances on a series of major international or regional issues, and will strengthen cooperation under the framework of the United Nations and other international organizations. Visiting Chinese President Hu Jintao (L back) and his Tajik counterpart Emomali Rakhmon hold joint press conference after meeting in Dushanbe, capital of Tajikistan, Aug. 27, 2008TO BOOST ECONOMIC TIES     China and Tajikistan agreed that bilateral economic and trade cooperation bears special significance for the all-round development of bilateral ties.     They agreed to intensify the work of the inter-governmental trade commissions, improve investment environment and further optimize the structure of bilateral trade.     China and Tajikistan will also expand cooperation in transportation, telecommunications, mineral exploration and processing, as well as agriculture and infrastructure, the statement said.     The two sides will tap cooperation potential in road transportation and cross-border transportation, and boost pragmatic cooperation in border areas by adopting policies encouraging trade.     The two neighbors will also create favorable conditions for each other to carry out investment, trade, and technical and economic cooperation.     In addition, China and Tajikistan will step up efforts to broaden cooperation in education, culture, science and technology, media, tourism, sports, health and social security. Visiting Chinese President Hu Jintao (R) meets with Tajik Prime Minister Akil Akilov in Dushanbe, capital of Tajikistan, Aug. 27, 2008TO COMBAT TERRORISM, DRUG-RELATED CRIME     Both sides agreed that cracking down on the East Turkistan terrorists is a significant part of the international struggle against terrorism.     China and Tajikistan have signed the multilateral Shanghai Convention on Combating Terrorism, Separatism and Extremism, and a convention on bilateral cooperation in combating the three forces.     Based on the conventions, the two countries will maintain close cooperation in security and take strong measures to jointly combat terrorism in various forms to protect regional peace and stability.     The two sides also pledged to fight against drug-related crime, saying such crimes have seriously affected national security and social stability of the countries in the region, the statement said.     Visiting Chinese President Hu Jintao and his Tajik counterpart Emomali Rakhmon met here Wednesday to discuss furthering bilateral ties. Hu arrived here on Tuesday for a state visit and the SCO summit slated for Thursday.

LOS ANGELES, Sept. 16 (Xinhua) -- Chinese Vice Premier Wang Qishan announced Tuesday that positive results had been achieved at a one-day China-U.S. trade meeting here, saying China stands ready to work with the U.S. to further expand bilateral economic and trade ties.    "China-U.S. economic relation is not only important for our two countries, but important for the whole world," Wang said at the end of the 19th session of the China-U.S. Joint Commission on Commerce and Trade (JCCT), which was held at the Richard Nixon Presidential Library in a Los Angeles suburb.    As the world's biggest developing and developed countries respectively, China and the United States enjoy ever closer economic ties and ever solider foundation of bilateral cooperation, said the vice premier.Chinese Vice Premier Wang Qishan (R) meets with US Secretary of Commerce Carlos Gutierrez during the 19th session of the China-U.S. Joint Commission on Commerce and Trade (JCCT), at the Richard Nixon Presidential Library in a Los Angeles suburb, on Sep. 16, 2008. Senior officials of China and the United States gathered here on Tuesday to discuss various business and trade issues in order to seek ways to facilitate bilateral economic relations between the two countries.The Chinese government has always been attaching great importance to consolidating and developing China-U.S. economic relations, and we have done a great deal of work in terms of promoting trade balance and strengthening intellectual property protection," said Wang.    The Chinese vice premier co-chaired the one-day meeting with U.S. Commerce Secretary Carlos Gutierrez and U.S. Trade Representative Susan Schwab. Chinese Commerce Minister Chen Deming and U.S. Agriculture Secretary Edward Schafer also attended the meeting.    Wang said the meeting has secured mutually beneficial win-win results, and would go a long way to promote bilateral cooperation and create a good atmosphere for the next China-U.S. Strategic Economic Dialogue (SED), which will be held later this year.    Like SED, the JCTT is a major cooperation mechanism between the two countries to resolve problems and disputes regarding investment and trade issues through dialogue and discussion, according to Wang.    Echoing Wang's remarks, Gutierrez described Tuesday's meeting as "a very robust session with very robust outcomes."    He said the U.S.-China economic relationship has been the fastest growing one that his country has ever seen.    "The U.S. is today China's No.1 export market, and China the U.S.' No. 3 export market. The relation is growing so fast, so quickly, probably unique in history. And we manage this," said Gutierrez.    He mentioned that the two-way trade volume between the two countries had grown to 380 billion dollars last year from only 4 billion dollars when the JCCT mechanism was initially established in 1983.    During Tuesday's talks, the two sides reached consensus on a wide range of issues, including intellectual property protection, medical equipment acquisition and information security, officials said.    Ahead of this, five bilateral agreements were signed by senior officials from the two sides in areas like agricultural cooperation, food safety, trade statistics and rural information and communications technology development.    The Chinese side also announced to lift bird flu-related ban on poultry products from seven U.S. states including New York, and conditionally resume imports of American beef, while the U.S. side expressed its stance against trade protectionism and promised to push for the lifting of trade barriers against some Chinese products like see food, fruit and woodcraft.    Tuesday's meeting marked the 25th anniversary of the China-U.S. JCCT commission, a high-level government-to-government dialogue seeking to open market opportunities and resolve trade disputes between the two countries.    Wang was leading a big delegation of senior officials from the Ministry of Commerce, the Foreign Ministry, the Ministry of Finance, the Ministry of Agriculture and other ministries for the event.