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TAIYUAN, Feb. 24 (Xinhua) -- Governor of Shanxi Province Wang Jun on Tuesday made an apology to victims and their families over the gas blast at the Tunlan coal mine that left 74 people dead and 114 others injured. "The blast caused huge loss of life and property ... We say sorry to the victims and their families," said the senior official. As he spoke at the investigation team meeting tears choked his eyes several times. The Shanxi provincial committee of the Communist Party of China(CPC) and the provincial government have made a formal admission of error to the CPC Central Committee, the State Council and the State Administration of Work Safety, according to Wang. Governor of Shanxi Province Wang Jun (R) wipes tear as he makes an apology to victims and their families over the gas blast at the Tunlan coal mine that left 74 people dead and 114 others injured, in Taiyuan, north China's Shanxi Province on Feb. 24, 2009. Shanxi will start a one-year campaign on work safety of state-owned and collectively-owned mines as of March 1, he added. Wang, who had been appointed the head and Party chief of the State Administration of Work Safety in March last year, was elected as the governor of Shanxi Province in January. Wang served as the acting and deputy governor of the coal-rich province in north China since mid-September last year when Meng Xuenong resigned from the post of governor in the wake of a deadly mud-rock flow that killed at least 277 people.Tears well up as governor of Shanxi Province Wang Jun makes an apology to victims and their families over the gas blast at the Tunlan coal mine that left 74 people dead and 114 others injured, in Taiyuan, north China's Shanxi Province on Feb. 24, 2009.
BEIJING, April 15 (Xinhua) -- China on Wednesday said it would work with Mongolia to advance the relationship between the two countries. "This would benefit the two peoples," Chinese Vice President XiJinping told visiting Mongolian Prime Minister Sanj Bayar. Hailing the 60-year diplomatic ties between China and Mongolia, Xi said the two neighboring countries enjoyed three precious experiences during the development process of bilateral relations. Chinese Vice President Xi Jinping (R) meets with Mongolian Prime Minister Sanj Bayar in Beijing, China, April 15, 2009 Firstly, Xi said to respect each other's independence, sovereignty and territorial integrity was the important base for the growth of China-Mongolia ties. Secondly, he said both sides' commitments to enhancing bilateral relations were the source of flourishing development of China-Mongolia ties. Lastly, he pointed out that both sides treated each other's development as important opportunities and made great efforts to increase cooperation. This was the driving force for the stable growth of bilateral relations. Bayar said his country valued the relations with China, and was satisfied with the bilateral ties in recent years. The Prime Minister applauded China's assistance and support to his country. The whole world was deeply impressed by China's efforts to cope with the international financial crisis, Bayar said, noting that this also strengthened Mongolia's confidence in surviving difficulties. Mongolia would increase cooperation with China to jointly respond to challenges and push forward the bilateral relations, he noted. Bayar was here on a five-day working visit starting from Tuesday, and will also attend the Bo'ao Forum for Asia annual meeting, scheduled for April 17-19.
LONDON, April 1 (Xinhua) -- Chinese President Hu Jintao met with French President Nicolas Sarkozy here Wednesday night. "Our meeting today means a new starting point for the bilateral relations, and I hope the two sides work together to usher in a new phase in Chinese-French ties," Hu said at the start of his meeting with Sarkozy. Chinese President Hu Jintao (R) shakes hands with French President Nicolas Sarkozy during their meeting in London, Britain, on April 1, 2009.The two leaders were meeting ahead of a Group of 20 summit on the financial crisis, scheduled here for Thursday. China and France said in a press communique issued Wednesday simultaneously by their foreign ministries that the two sides "attach great importance to China-France relations" and reiterated their adherence to the principle of non-interference in each other's internal affairs. In the communique, France pledged not to support "Tibet independence" in any form.
MEXICO CITY, Feb. 10 (Xinhua) -- Chinese Vice President Xi Jinping said here Tuesday that new efforts are needed to further promote China-Mexico economic and trade cooperation amid the current global financial crisis. Xi, who is here for a three-day official visit to Mexico, made the call in a speech at a luncheon hosted by Chinese and Mexican entrepreneurs. Xi hailed the rapid development of bilateral economic and trade cooperation, saying it plays an important role in China-Mexico ties and has brought tangible benefits to the people of both nations. China and Mexico should make new efforts to maintain the good momentum of such cooperation in order to tackle the challenges brought by the ongoing financial crisis, he said. To this end, Xi proposed promoting bilateral economic and trade cooperation from a strategic perspective, improving the service of both governments, promoting cooperation in key fields, bringing into full play the dominating role of enterprises, and expanding cooperation in world economic affairs. Mexican Secretary of Foreign Relations Patricia Espinosa Cantellano said in her opening speech at the luncheon party that both Mexico and China are facing new challenges under the current financial situation, thus "solidarity and closer cooperation" are very important for the two countries. She also called for more bilateral exchanges in all fields, "not only political and economical, but also social and civilian." The luncheon party was held on the sideline of the 19th Plenary Meeting of the Mexico-China Business Committee, which was started here Tuesday and brought together representatives from big companies in Mexico and some 20 Chinese companies. The meeting aims to boost bilateral investment and commercial exchanges between China and Mexico, according to Fernando Ruiz, technical director of the COMCE. Ruiz said mutual investment between China and Mexico has large room for improvement. "There are great opportunities for Chinese investors in Mexico in different sectors, like automobile, construction and energy." In November, at the Asia Pacific Economic Cooperation Forum held in Lima, Peru, Mexican President Felipe Calderon said China had offered great possibilities for his country as the global financial crisis unfolded. Mexico registered an economic growth rate of only 1.8 percent in 2008, the second worst performance among Latin American countries after Haiti. The United States was Mexico's largest exports destination, taking 89 percent of all its exports. But the ongoing crisis has forced the Mexican government to seek alternative markets. In December, Mexico's Deputy Foreign Minister, Lourdes Aranda, said his country was concerned about its declining exports to the United States, and its ties with China "were very important." According to data from the Chinese Commerce Ministry, commercial exchanges between China and Latin America grew 50.9 percent from January 2008 to January 2009.
BEIJING, Feb. 26 (Xinhua) -- Chinese share prices registered a dramatic 3.87 percent drop Thursday as investor confidence collapsed ahead of the wary market performance and caused panic selling, analysts said. The decline on overseas markets also had a negative effect. The benchmark Shanghai Composite Index, which covers both A and B shares, opened higher after the government announced stimulus plans, but dipped 85.05 points, or 3.87 percent, to 2,121.52 points in the afternoon session. The Shenzhen Component Index on the smaller Shenzhen bourse dropped to 7,777.90 points, down 463.76 points, or 5.63 percent. Total turnover was 198.52 billion yuan (29.07 billion U.S. dollars), down from 209.05 billion yuan on Wednesday. Losers led gainers by 841 to 34 in Shanghai and 719 to 36 in Shenzhen. The weak performance of both the Wall Street and Hong Kong shares had cast a shadow over the mainland market, said analysts. The financial sector, which led a market rebound Wednesday, failed to support the market in afternoon trading as it dipped 4.76 percent. Shenzhen Development Bank, which almost fell by the 10-percent daily limit, ended up with an 8.91 percent drop to 13.8 yuan. China Merchants Bank, which rose by 9.57 percent Wednesday, slipped4.36 percent to 14.27 yuan. Machinery, automobiles, media and semiconductor sectors led the retreat, dropping 7.88 percent, 7.54 percent, 7.68 percent and 7.79 percent, respectively. Non-ferrous metals also fell by 7.54 percent though the government announced a stimulus package for the industry Wednesday. Chenzhou Mining, Corun New Energy, Tibet Mining, Advanced Technology and Materials, Western Metal Material, Sichuan Hongda and Xiamen Tungsten fell by the 10-percent daily limit. Yongan Forestry bucked the trend, rising by the 10-percent daily limit. The forestry sector managed to close at no more than a 2 percent decline, as domestic media reported a government stimulus plan for forestry was under discussion. China Eastern Airlines, one of the country's top three airlines, announced Thursday that its shareholders had passed a share placement plan which intended to raise 7 billion yuan from its parent company, China Eastern Group. The company will issue 1.44 billion Shanghai-listed A shares at a price of 3.87 yuan per share, as well as 1.44 billion Hong Kong-listed H shares at 1.00 yuan each, according to the announcement. The fund would reduce the company's asset liability ratio and improve its financial situation, said the company. China Eastern Airlines shares were suspended Thursday. Hong Kong shares dipped 0.85 percent to 12,894.94 points Thursday, while U.S. stocks fell Wednesday. The Dow Jones industrial average was down 80.05 points, or 1.09 percent, at 7,270.89. The Standard & Poor's 500 Index dropped 8.24 points, or 1.07 percent, to 764.90. The Nasdaq Composite Index dropped 16.40 points, or 1.14 percent, to 1,425.43.