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BEIJING, March 8 (Xinhua) -- Yu Xiuli, a victim of domestic violence, can turn to police for help if her husband continues to beat her thanks to a regulation which came into effect on Sunday. The 40-year-old woman in eastern Shandong Province has been bearing the cursing and beating of her husband for years, but has never thought of asking police for help. "I believed it was not the business of police to stop domestic violence so I has never thought of alerting police," said Yu. But from Sunday women like Yu could alert police if they fall victim to domestic violence according to a regulation of the province that came into effect Sunday. Many provinces in China have set up police centers to handle household violence after a national regulation that was issued in September last year requiring police to be dispatched whenever they receive a 110 emergency call regarding household violence. According to the All-China Women's Federation, domestic violence poses a severe threat to women's rights in China with the authorities receiving about 50,000 complaints annually. In fact, women in China have had more channels to protect their rights and interests. On Saturday, a hot line - 12338 for protection of women's rights was opened in eastern Zhejiang Province. The hot line was set up to provide legal help for women, including migrant workers, in Zhejiang. The Zhejiang provincial women's federation said the province has had 280,000 volunteers and 25,000 community or village centers for women rights protection. The issuing of a regulation to prevent and curb household violence has been put on the agenda of the provincial legislature this year, it said. In Beijing, the Chaoyang District People's Court opened a hot line for protection of rights and interests of women and children on Wednesday. The line was the first among the capital's court system. The hot line will offer legal aid to women and children. "The whole society has been attaching increasing attention to the protection of women's rights in marriage, employment and family life in recent years," said Shi Yan, a judge of the court. The court set up a collegial panel specially for women and children in December 2007. Similar panels have also been set up in courts of other provinces across the country to better protect women's rights.
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.
BEIJING, March 6 (Xinhua) -- Chinese leaders underscored the importance of relying on the people in the combat against the global financial turmoil, urging efforts to ensure their well-being, when joining lawmakers and political advisors in panel discussions Friday. Wu Bangguo (front C), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), meets with deputies to the Second Session of the 11th NPC from southwest China's Chongqing Municipality, in Beijing, capital of China, March 6, 2009. Wu Bangguo joined the NPC deputies of Chongqing delegation in deliberating the government work report on FridayIn his discussion with lawmakers from Chongqing Municipality, top legislator Wu Bangguo said it is a must to boost the people's confidence to tackle economic woes. "We should have long-term targets in heart while dealing with difficulties at present, and our efforts should mainly go to improvement of people's well-being," said Wu, chairman of the Standing Committee of the National People's Congress (NPC), the top legislature. Chinese Premier Wen Jiabao (front L) meets with deputies to the Second Session of the 11th National People's Congress (NPC) from northwest China's Gansu Province, in Beijing, capital of China, March 6, 2009. Wen Jiabao joined the NPC deputies of Gansu delegation in deliberating the government work report on Friday "The people are a most important source of strength to combat the financial crisis," said Premier Wen Jiabao when joining NPC deputies from the northwestern province of Gansu. "I am here to learn about the real situations at grassroots levels," Wen said, adding the government work report he delivered at the opening of the NPC session Thursday was "a collection of wisdom of the people." "Officials at various levels and ordinary people should join hands to make concerted efforts," he said. "We must take into account the opinions of every NPC deputy so that the measures proposed in the government work report can become the common will of all the people of the nation, encourage them to take actions, and inspire the people with power to overcome difficulties," he said. "We must always boost confidence, and we must rely on the people all the time." Jia Qinglin (front L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with CPPCC members without party affiliation in Beijing, capital of China, March 6, 2009Top political advisor Jia Qinglin, who discussed Wen's government work report with advisors without party affiliation, called for concerted efforts from all walks of life, regardless of party affiliation or ethic identification, in boosting economic growth. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, urged political advisors to actively offer suggestions on maintaining economic growth and social stability. Li Changchun (front R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with a deputy to the Second Session of the 11th National People's Congress (NPC) from northeast China's Jilin Province, in Beijing, capital of China, March 6, 2009. Li Changchun joined the NPC deputies of Jilin delegation in deliberating the government work report on FridayLi Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, pledged to inject more support to the cultural industry. In his discussion with lawmakers from northeastern Jilin Province, he urged to build a cultural environment that encourages people to start their own businesses, honors people who do so, and promotes hard work. Chinese Vice President Xi Jinping (L), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with a deputy to the Second Session of the 11th National People's Congress (NPC) from southeast China's Fujian Province, in Beijing, capital of China, March 6, 2009. Xi Jinping joined the NPC deputies of Fujian delegation in deliberating the government work report on Friday.Vice President Xi Jinping stressed coordination of varied efforts aimed to achieve economic goals during his discussion with deputies from Fujian Province. He said expansion of domestic demand should go along with endeavors to stabilize exports, and also be combined with efforts in economic restructuring to elevate the economy to a higher level. The government's efforts to accelerate industrial upgrade could also be connected to finding employment for the country's vast labor force , he added. Li Keqiang (L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with deputies to the Second Session of the 11th National People's Congress (NPC) from northeast China's Liaoning Province, in Beijing, capital of China, March 6, 2009. Li Keqiang joined the NPC deputies of Liaoning delegation in deliberating the government work report on Friday.While discussing with lawmakers from the northeastern province of Liaoning, Vice Premier Li Keqiang warned that the global financial crisis and its impact on the real economy are still spreading. He urged to take measures to expand domestic demand, and enhance the vitality of the economy. Efforts must be made to improve people's well-being to address pressing issues concerning the interests of the people, and to meet the people's basic demands, he said. He Guoqiang (front R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with a deputy to the Second Session of the 11th National People's Congress (NPC) from central China's Hunan Province, in Beijing, capital of China, March 6, 2009. He Guoqiang joined the NPC deputies of Hunan delegation in deliberating the government work report on FridayHe Guoqiang, secretary of the Communist Party of China (CPC) Central Commission for Discipline Inspection, called to intensify crackdown on corruption to win over trust from the people. "We are determined to investigate and prosecute a number of key corruption cases, and make a series of anti-corruption laws and regulations," He, also member of the CPC Central Committee's Standing Committee, told lawmakers from central Hunan Province, with a pledge to step up supervision over the use of massive government stimulus spending this year. Zhou Yongkang (C), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with deputies to the Second Session of the 11th National People's Congress (NPC) from northeast China's Heilongjiang Province, in Beijing, capital of China, March 6, 2009. Zhou Yongkang joined the NPC deputies of Heilongjiang delegation in deliberating the government work report on FridayWhen joining the NPC deputies from the northern Heilongjiang Province, Zhou Yongkang, member of the CPC Central Committee's Standing Committee, also urged to improve the livelihood of the people to maintain social stability. He called to reduce factors that might undermine social harmony and stability, and provide legal protection for economic development.
BEIJING, Feb. 5 (Xinhua) -- Chinese President Hu Jintao and Premier Wen Jiabao have ordered all-out efforts to combat the severe drought in the country's vast wheat-growing area to ensure a good summer harvest, a State Council meeting was told Thursday. The central government on Thursday decided to earmark another 300 million yuan (44 million U.S. dollars) as drought relief fund in additional to 100 million yuan already allocated. The fund will be used to buy agricultural machinery and other production materials. Lack of rainfall has led to severe drought in northern China, leaving about 141 million mu (9.3 million hectares) wheat or 43 percent of the country's total affected, according to the Ministry of Agriculture (MOA). People irrigate the wheat field at Xiaolu Village in Yuzhou, a city in central China's Henan Province, on Feb. 4, 2009. Henan, China's major grain producer, issued a red alert for drought on Jan. 29. The provincial meteorological bureau said the drought is the worst since 1951. The drought has affected 63 percent of the province's 5.26 million hectares of wheat. About 145 million mu crops have been affected by the drought nationwide, or 40 million mu more than the same period last winter. Government at all levels should give anti-drought work a priority in an effort to stabilize grain production, increase farmers' income and ensure agricultural production, the State Council said. Relevant departments in local regions were asked to enhance farmland management, mobilize human resources, ensure technology service and enlarge irrigation areas. Efforts should also go to build emergency water resources projects and carry out artificial precipitation to alleviate water shortage and ensure drinking water for both people and livestock. The Ministry of Water Resources also said it would enhance supervision and launch emergency plan when necessary. Relevant departments should allocate special funds to aid poverty-stricken people in rural areas. The Cabinet said it will send working teams to eight drought-hit provinces to discuss anti-drought procedures. The MOA has already sent 12 working teams of experts to the drought-hit provinces, to instruct farmers on drought relief work. Plant diseases and pest prevention were discussed and local governments were advised to supervise and prevent the spread of severe animal diseases. Efforts should also be made to monitor or combat forestry fire, upgrade anti-disaster ability and avoid casualty, the State Council said.
BEIJING, April 11 (Xinhua) -- Credit extended by China's banks in the first quarter hit 4.58 trillion yuan (670 billion U.S. dollars), the People's Bank of China (PBOC) said Saturday. In March alone, new yuan-denominated loans increased 1.89 trillion yuan. It was the third straight month that new loans exceeded 1 trillion yuan. "It is not beyond market expectations. The increase was boosted by the 4-trillion-yuan stimulus plan and showed the possibility of a faster economic recovery in China compared with other countries," said Zhang Qizuo, vice director of China International Economy Society. Premier Wen Jiabao said on March 5 at the opening of the annual session of the National People's Congress, China's legislature, that new yuan-denominated loans this year were expected to reach 5 trillion yuan. Historical data show the first-quarter bank credit usually accounts for more than 60 percent of the year's total. "There is a time lag between the credit increase and actual use of capital, but the big increase will surely lay a solid foundation for the recovery of the real economy," said Zhang. In the first quarter, the central bank withdrew 47.3 billion yuan from circulation, 78.5 billion yuan more than the same period of last year. "The increase in currency withdrawal from circulation showed the central bank was carefully watching the credit growth," said Yuan Gangming, an economist with Tsinghua University. Zhuang Jian, an economist at the Asian Development Bank, said the regulators should pay attention to the quality of new loans and prevent bad loans. By the end of February, non-performing loans by Chinese banks totaled 1.53 trillion yuan, 17.5 billion yuan less than the start of the year. The structure of credit growth was also improving. The proportion of bill financing fell to about 22 percent in March from 47 percent in February, though still much higher than the average of 5 percent. "The decline in bill financing is a good sign. It means company activities are increasing and the credit's impact on the economy is strengthening," said Zhuang. Through March, the M2 figure -- a broad measure of money supply,which covers cash in circulation and all deposits -- grew 25.5 percent from a year earlier to 53.06 trillion yuan. The narrow measure of money supply, M1 (cash in circulation pluscorporate current deposits), was up 17.04 percent year on year to 17.65 trillion yuan. "The fast rebound of M2 indicates China's liquidity is abundant. This is very important to the economic recovery. The sharp rise of M1 shows companies are increasing spending on investment and management." said Zhang Bin, an economist with Chinese Academy of Social Sciences.