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BEIJING, May 2 (Xinhua) -- Beijing saw 86 "blue sky" days, or days with fairly good air quality, in the first four months of this year, a sign that years of anti-pollution efforts made by the Olympic host city continue to pay off. The number of "blue sky" days was 11 more than the same period of last year, according to the Beijing Municipal Bureau of Environmental Protection. The Chinese capital recorded 67 blue sky days in the first quarter, 12 more than in the corresponding period last year. Meanwhile, major pollution indices, including concentrations of sulfur dioxide, carbon monoxide, nitrogen dioxide and particulate matters in the air, kept dropping markedly. Beijing has input 120 billion yuan (17.1 billion U.S. dollars) in improving the air quality in the past years, and the number of "blue sky" days increased to 246 last year from 100 in 1998, when the capital launched the "blue sky" drive. Meanwhile, Beijing's neighbouring municipality Tianjin, the provinces of Hebei, Shanxi and Shandong, and the Inner Mongolia Autonomous Region are lending a hand to the capital to attain anti-pollution goals. These efforts include closing major polluters, removing outmoded cabs and reconditioning gas stations to capture harmful chemicals. Beijing aims to have 70 percent of the days up to standard this ear, which meant there should be at least 256 blue sky days. It has been working to reduce pollution and improve the air quality to ensure a "Green Olympics." For example, the municipal government cut public transport fares in an attempt to lure local residents out of their private cars, which could cut auto emissions. The city also converted 18,000 outdated coal-fired boilers and installed electrical heaters in 20,000 detached houses, replacing coal-heated devices. Beijing is also considering traffic controls during the Olympics, in which drivers with even- and odd-numbered license plates, except taxis, buses and emergency vehicles, would only be able to drive on alternate days. Offenders would be fined. During a test of this proposal conducted from Aug. 17-20, about1.3 million cars were taken off the city roads each day and the amount of pollutants discharged was cut by 5,815.2 tons, according o a report by the Beijing Municipal Bureau of Environmental Protection.
TIANJIN, Aug. 19 (Xinhua) -- Chinese Vice Premier Li Keqiang on Tuesday urged local officials and enterprises to seize opportunities and persevere in reform and opening-up to achieve stable and fast economic growth. Efforts should be made to foster new areas of economic growth so as to reach the goal of long-term steady and fast economic development, Li said during an inspection tour from Aug. 18-19 in Tianjin, a north China port city. Li Keqiang (C), Chinese Vice Premier and member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, inspects in Tianjin, north China, Aug. 18, 2008. Li Keqiang paid a visit to Tianjin from Aug. 18 to Aug. 19.Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, visited local factories, construction sites, port, commercial and trade service zones and residential districts during his inspection tour. He urged local officials to speed up efforts to build the Binhai New Area into a northern portal of the country's reform and opening up drive, a base of modern manufacturing and scientific research and application, and an international shipping and logistics center. The Binhai New Area, a pilot reform zone, consists of the three administrative districts of Tanggu, Hangu and Dagang and eight industrial zones currently under construction. Li stressed the importance of expanding domestic market demands in boosting economic development in an era of global economic uncertainty. He called for greater efforts to raise Chinese people' income through various channels and actively explore the rural consumption markets. Li Keqiang (C), Chinese Vice Premier and member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, inspects in Huaming Township of Dongli District in Tianjin, north China, Aug. 18, 2008. Li Keqiang paid a visit to Tianjin from Aug. 18 to Aug. 19
BEIJING, Oct. 4 (Xinhua) -- The ongoing global financial turbulence will have a limited impact on China's banks and financial system in the short run, according to officials and experts. "We feel China's financial system and its banks are, to the chaos developed in the U.S. and other parts of the world, relatively shielded from those problems," said senior economist Louis Kuijs at the World Bank Beijing Office. He told Xinhua one reason was that Chinese banks were less involved in the highly sophisticated financial transactions and products. "They were lucky not to be so-called developed, because this (financial crisis) is very much a developed market crisis." Farmers harvest rice in 850 farm in Northeast China's Heilongjiang Province on Sept. 26, 2008. A few Chinese lenders were subject to losses from investing in foreign assets involved in the Wall Street crisis, but the scope and scale were small and the banks had been prepared for possible risks, Liu Fushou, deputy director of the Banking Supervision Department I of the China Banking Regulatory Commission, told China Central Television (CCTV). Chinese banks had only invested 3.7 percent of their total wealth in overseas assets that were prone to international tumult, CCTV reported. The ratio of provisions to possible losses had exceeded 110 percent at large, state owned listed lenders, 120 percent at joint stock commercial banks and 200 percent at foreign banks. Kuijs noted most of the banks resided in China where capital control made it more difficult to move money in and out. Besides, the country's large foreign reserves prevented the financial system from a lack of liquidity, which was troubling the strained international markets. "At times like this, one cannot rule out anything," he said. "But still we believe the economic development and economic fundamentals in China are such that it's not easy to foresee a significant direct impact on the financial system." However, he expected an impact on China's banks coming via the country's real economy, as exports, investment and plans of companies would be affected by the troubled world economy and in turn increase pressure on bad loans. Wang Xiaoguang, a Beijing-based macro-economist, said the growing risks on global markets would render a negative effect on China in the short term but provided an opportunity for the country to fuel its growth more on domestic demand than on external needs. He urged while China, the world's fastest expanding economy, should be more cautious of fully opening up its capital account, the government should continue its market reforms on the domestic financial industry without being intimidated. Chinese banks had strengthened the management of their investments in overseas liquid assets and taken a more prudent strategy in foreign currency-denominated investment products since the U.S.-born financial crisis broke out, CCTV reported.
BEIJING, May 19 (Xinhua) -- China on Monday began a three-day national mourning for the tens of thousands of people killed in a powerful earthquake which struck the country's southwest on May 12. At 4:58 a.m., the national flag at the Tian'anmen Square in downtown Beijing flew at half-mast after a complete flag-raising ceremony. About 2,600 people watched the flag-raising ceremony in the square. "I have been watching TV to know the disaster situation these days," said Yu Huilin, a 58-year-old retired teacher. Yu just arrived in Beijing by bus in the early hours on Monday from eastern Shandong Province. "It's really heartrending," she said. "But I see the quake-affected people have got help from so many people. I believe they can recover from the disaster soon rebuild their homes." China's national flag flies at half-mast after the flag-raising ceremony on Tian'anmen Square in Beijing Monday morning, May 19, 2008. China on Monday begins a three-day national mourning for the tens of thousands of people killed in a powerful earthquake which struck the country's southwest on May 12 All national flags will fly at half-mast at home and Chinese diplomatic missions abroad from Monday to Wednesday. Public recreational activities will be halted during the mourning period. At 2:28 p.m. Monday, Chinese citizens nationwide will stand in silence for three minutes to mourn for the victims, while air raid sirens and horns of automobiles, trains and ships will wail in grief. In the mourning period, condolence books will be opened in China's Foreign Ministry and Chinese embassies and consulates around the world. The Beijing Olympic torch relay will also be suspended from Monday to Wednesday. The death toll from the massive quake rose to 32,476 nationwide as of 2 p.m. Sunday, while the injured numbered 220,109, according to the emergency response office under the State Council. Among the dead, 31,978 were in Sichuan alone with the rest in six other provinces and a municipality. The quake hit Wenchuan County, Sichuan Province, at 2:28 p.m. of May 12. Many other areas were also affected. The search, rescue and disaster relief efforts are continuing. Some 113,080 Chinese soldiers and armed police have been mobilized to help with rescue operations. Rescue teams from Russia, the Republic of Korea, Japan and Singapore, as well as Taiwan and Hong Kong regions, have also joined in relief efforts. Rescuers carry Shen Peiyun, who is saved 145.5 hours after Monday's earthquake, to a hospital at Yingxiu Township of Wenchuan County, the epicenter of Monday's earthquake in southwest China's Sichuan Province, on May 18, 2008. Fifty-three years old Shen Peiyun was saved on Sunday after the rescuers' eight-hour efforts.
MIANYANG, Sichuan, 23 (Xinhua) -- Premier Wen Jiabao continued his second trip around the quake disaster zone on Friday, visiting surviving students in Mianyang, one of the worst-hit cities in the May 12 quake. In a tent school, where more than 500 students from the destroyed Beichuan Middle School were studying, Wen encouraged them to study harder following the calamity. "Let us not forget the earthquake," he told the students in a tender voice. "Then you will know what life is all about -- it is bumpy, as the roads are." "Today, people save us and take good care of us. In the future, we will help them in return," the premier added. "Trials and tribulations serve only to revitalize the nation," he wrote on the blackboard to encourage them. Chinese Premier Wen Jiabao (C) salutes with the students to pay tribute to the quake victims during his visit to the makeshift tent school at Jiuzhou Stadium in Mianyang City, southwest China's Sichuan Province, May 23, 2008. Wen Jiabao went to the temporary schoolhouse of Beichuan Middle School and the makeshift tent school established at Jiuzhou Stadium in Mianyang on Friday to visit teachers and students who survived the May 12 earthquake. The students, many of whose 1,300 schoolmates and teachers were killed or missing, resumed classes on Monday. Wen also visited tent schools near the Jiuzhou Indoor Stadium in downtown Mianyang. There, he put on a red scarf and joined primary school students to salute the quake dead. During his visit on Friday, the premier underlined that providing shelters for the quake victims and preventing infectious diseases and secondary disasters are the priorities of the current relief work. His first trip to the region was just hours after the mid-afternoon earthquake jolted Sichuan.