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BEIJING, May 5 (Xinhua) -- With the influenza A/H1N1 already spreading to more than 20 countries and regions, China is taking swift actions to keep the deadly virus at bay, while both the world health body and the country itself have defended the strict quarantine policies the government has adopted. Passengers of T98 train go through customs at Beijing West Railway Station in Beijing, capital of China, May 5, 2009. T98 train connecting Kowloon and Beijing arrived here Tuesday. This was the first arrival of a train from Hong Kong in Beijing since the first human influenza A/H1N1 case was confirmed in Hong Kong, south China, on May 1.CABINET DECISION The country will continue to impose strict medical examinations and follow-up checks on travelers from flu-affected countries and regions to prevent influenza A/H1N1, the State Council (cabinet) said here Tuesday. Vehicles and cargo from flu-affected countries and regions will be disinfected, it said in a statement after a meeting presided over by Premier Wen Jiabao. The central government will allot 5 billion yuan (725 million U.S. dollars) for flu prevention and control, it said. The government will also step up research of vaccines and medicines, including alternative treatments of traditional Chinese medicine, according to the statement. The mainland will cooperate with Hong Kong, Macao and Taiwan, and China will provide financial and technical support for countries and regions that need assistance, the statement said. The agriculture authorities would tighten monitoring of pig farms, slaughterhouses and livestock markets, it said. CANADIAN STUDENTS QUARANTINED China defended on Tuesday its quarantine of 25 Canadian students in Changchun, capital of northeastern Jilin Province, saying it was in accordance with law and the Canadians had assented to it. Mexicans board a chartered plane in Shanghai, east China, May 5, 2009. A Mexican chartered plane carried 43 quarantined Mexicans and 34 others back to Mexico Tuesday. Those on the plane included 43 crew members and passengers on board the AM098 and 34 others who worked and lived in China but were not under quarantine. The passengers were quarantined after one Mexican passenger was diagnosed with the influenza A/H1N1 on board flight AM098 from Mexico to Shanghai. Other six Mexican passengers volunteered to stay in the city and live under quarantineThe students began a seven-day quarantine period at a hotel on May 2 when they arrived, the same day that Canada confirmed 51 cases of A/H1N1 epidemic infection, said Foreign Ministry spokesman Ma Zhaoxu. Canada has recorded up to 140 cases of A/H1N1 flu by Tuesday, the third-highest figure following Mexico and the United States. Ma said the quarantine was in line with the Law on the Prevention and Treatment of Infectious Diseases and Frontier Health and Quarantine Law of China. The students were being well treated, and the authorities had made favorable arrangements for their residence, food and health care. None of the students showed any signs of illness and they were satisfied with the situation, said Ma. The local government had informed the Canadian embassy in China of the quarantine on May 3, and the two countries had been in close contact regarding the virus, he said. Ambulances carrying Mexican nationals head for the Pudong international airport in Shanghai, east China, May 5, 2009. A Mexican chartered plane carried 43 quarantined Mexicans and 34 others back to Mexico Tuesday. Those on the plane included 43 crew members and passengers on board the AM098 and 34 others who worked and lived in China but were not under quarantine. The passengers were quarantined after one Mexican passenger was diagnosed with the influenza A/H1N1 on board flight AM098 from Mexico to Shanghai. Other six Mexican passengers volunteered to stay in the city and live under quarantineCHARTERED FLIGHTS BETWEEN CHINA, MEXICO A total of 79 Chinese citizens left Mexico City early Tuesday aboard a chartered flight sent by the Chinese government. The plane took off from international airport Benito Juarez at about 3:05 a.m. local time (0805 GMT), heading towards Tijuana, northern city on the U.S.-Mexico border, to lift 20 more Chinese before returning to China. But due to bad weather, the had to land in Los Angeles, the flight operator said. The plane landed in Los Angeles at around 9p.m. (6 a.m. local time, 1300 GMT), China Southern Airlines said, adding it depends on the weather as to when the plane will leave for Tijuana. China sent the chartered flight after an agreement with Mexico, the epicenter of the A/H1N1 flu outbreak, to send chartered flights to each other's countries to bring back their stranded nationals. The aircraft Boeing 777-200 is expected to return to Shanghai at 10 a.m. Wednesday local time (0200 GMT), its operator Guangzhou-based China Southern Airlines said. China suspended direct flights from Mexico to Shanghai since Saturday after a 25-year-old Mexican man, who arrived in Shanghai Thursday aboard flight Aeromexico 098, was later diagnosed with A/H1N1 flu in Hong Kong. A medical staff member walks past ambulances carrying Mexican nationals in Shanghai, east China, May 5, 2009. A Mexican chartered plane carried 43 quarantined Mexicans and 34 others back to Mexico Tuesday. Those on the plane included 43 crew members and passengers on board the AM098 and 34 others who worked and lived in China but were not under quarantine. The passengers were quarantined after one Mexican passenger was diagnosed with the influenza A/H1N1 on board flight AM098 from Mexico to Shanghai. Other six Mexican passengers volunteered to stay in the city and live under quarantineAlso on Tuesday, a Mexican chartered plane arrived at the Shanghai Pudong International Airport on Tuesday to pick up the quarantined Mexicans who had been on the same flight with the victim. Andres Pena, vice consul-general of Mexico in Shanghai, said those who got on the plane included 43 crew and passengers on board the AM098 and 34 others, who worked and lived in China but were not under quarantine. WHO DEFENDING QUARANTINE The Mexican government on Monday complained China's decision to quarantine the Mexican nationals in China. However, World Health Organization (WHO) flu chief Keiji Fukudasaid quarantines were a "long-established principle" that make sense in the early phases of an outbreak. "There are other countries that are taking similar actions like China, so I don't think China is standing out in this respect," said Dr. Hans Troedsson, WHO representative in China. Wen Li, a Chinese citizen, who is under quarantine in Beijing, said she was called by disease control staff at midnight on Saturday to be placed under quarantine because she was a passenger on the AM098 flight. "I think the quarantine is necessary and responsible for everybody, regardless of nationality," said the woman, adding that her quarantine is expected to end Wednesday evening or Thursday. MASKS IN STRONG DEMAND The ongoing worldwide A/H1N1 flu scare has led to strong demand for masks at the ongoing 105th China Import and Export Fair, also Canton Fair. "Customers came to our booth, putting their hands on mouth to signal that they want to buy masks. There are so many customers that we are running out of stock," said Li Yan, saleswoman of Conghua Puyuan Health Articles Factory in southern China's Guangdong Province, Tuesday. Business people from across the world gathered at booths selling medicine and health material at the fair. It was even more crowded at booths selling masks and thermometers. Fuzelong, a Guangzhou-based medical material company, said they have won orders for 3 million masks over the past three days, compared with no more than 500,000 masks during previous fairs. The traditional Chinese medicine, which doctors say will help protect people from flu virus, also drew attention. Qi Haidong, manager of a Guangzhou-based pharmaceutical company, said the Chinese herbal medicine for treating colds Radix Isatidis sold well. MAN NABBED FOR SELLING FAKE DRUG There are other people who want to cash in on people's fear over the killer flu. Chinese border police Tuesday arrested a man for selling fake influenza A/H1N1 medicine to foreign ship crews in Shanghai. The man, a rural migrant worker from central China's Hunan Province was found to have sold so called "miracle" medicine to foreign crews at the Shanghai port. If any foreign crew members showed flu symptoms, they should see doctors rather than believe some so-called "miracle" medicine, police said
SHANGHAI, June 3 (Xinhua) -- Standard Chartered Bank (China) Limited announced Wednesday that it plans to issue 3.5 billion yuan (512 million U.S.dollars) financial bonds in China, the first foreign bank to issue Renminbi bonds in the Chinese mainland. The announcement was made in the wake of a circular released by the State Council in April on building Shanghai into an international financial center and shipping hub. The municipal government of Shanghai convened a working meeting late last month on preparation for the financial center goal, promising to support foreign banks to issue yuan-denominated bonds. "As China's financial market continues to liberalize, Standard Chartered is seeing a number of opportunities for our business," said Peter Sands, Group Chief Executive of Standard Chartered Bank, during his visit to Beijing this week. The issuance is expected to help elevate the Renminbi's status as an international reserve currency, develop local capital markets, and contribute towards Shanghai's development as a global financial center, said Sands. Standard Chartered Group reported 26 percent income growth in 2008, or 13.97 billion U.S. dollars despite the difficult global economic environment. In China, the bank has grown by an average annual compounded growth rate of 80 percent over the past four years. Standard Chartered Bank is China's oldest foreign bank enjoying150 years of history. It is among the first batch of locally-incorporated foreign banks and has one of the largest foreign bank networks operating in China.
L'AQUILA, Italy, July 9 (Xinhua) -- Chinese State Councilor Dai Bingguo on Thursday called for concerted efforts to tackle various global challenges at the leaders' meeting of the Group of Eight (G8) and five leading emerging economies (G5). Dai, who attended the summit on behalf of Chinese President Hu Jintao, delivered a speech entitled "Striving to push forward global economic recovery and enhance regulation of the world economy" to the meeting held in the quake-torn Italian city of L'Aquila, according to a press release issued by the Chinese delegation. Hu cut short his stay in Italy and skipped the G8 meeting due to the situation in China's Xinjiang Uygur Autonomous Region. He returned to Beijing Wednesday. In the speech, Dai expounded China's position on major international issues. Dai called for more international efforts to push for recovery of the world economy, saying that against the backdrop of economic globalization, the macro-economic policies adopted by one country, especially by a major economy, would exert an impact on other economies. "So when we promulgate a policy aimed at economic recovery, we should not only put into consideration our own interests, but also have to cast eyes on the interests of other countries," Dai said. The international community should strengthen communication in this regard, he said. The state councilor said the "primary task" now was to implement the results achieved at the G20 summits in Washington and London, so as to ensure the momentum and effectiveness of economic stimulus packages. He also urged the international community to abide by the principle of opening markets, opposing protectionism in various forms and safeguarding the normal and orderly movement of goods, services and personnel across borders. Dai also appealed for an accelerated process of the Doha Round talks of the World Trade Organization, said the press release. Leaders of the G8 industrialized countries and five leading emerging economies -- India, China, Mexico, Brazil and South Africa -- met on Thursday to discuss economic issues, climate change, trade and other international issues. On the current international financial crisis, the state councilor said the international community has already reached consensus on reforming the global financial system, but the key lies in the implementation of the consensus. In the short term, the reform is aimed at stabilizing the international financial market and boosting the growth of real economy, but the reform should be far-sighted, he said. In the long run, the reform should be aimed at enhancing regulation of the international financial system and safeguarding order of the global financial market, so as to avoid the recurrence of a similar crisis, he added. The state councilor stressed that representation and voting rights of developing countries should be increased in the International Monetary Fund and the World Bank. He said developing countries should participate as equal partners in the policy-making process in setting international financial standards and regulation. Dai also urged the international community to improve global financial supervision, the press release said. The state councilor appealed for maintaining the stability of major international reserve currencies, but he did not mention the U.S. dollar in his speech. He urged the international community to improve the international monetary system in a bid to make it diversified and rationalized. The state councilor also briefed the leaders on China's efforts to tackle the global financial crisis, saying the measures taken by the Chinese government have proven effective. Noting that the international financial crisis has brought considerable difficulties and challenges to China's economy, Dai said the Chinese government has adopted a series of resolute measures to tackle some thorny issues and these measures have seen initial achievements. The measures include a proactive fiscal policy and a moderately easy monetary policy, a stimulus package worth 4 trillion yuan (about 587 billion U.S. dollars) designed to expand domestic demand, and a tax-cut package of 500 billion yuan (around 73 billion U.S. dollars), Dai said. China also has striven to readjust its economic structure, accelerate infrastructure construction, seek balanced development between urban and rural areas, and improve social security system and people's life, Dai said. Thanks to these measures, China's gross domestic product (GDP) rose 6.1 percent year on year in the first quarter of this year, he added. According to a press release by the Chinese delegation, in the first five months of this year, on a yearly basis, the fixed-asset investment in urban areas jumped by 32.9 percent in China, the retail sales grew by 15 percent, and the industrial output increased by 6.3 percent. The state councilor said China would continue to cooperate with the international community to fight the international financial crisis, and would continue to make due contribution to the recovery of world economy. In his speech, Dai also called for joint efforts from the international community to tackle global challenges such as climate change, food and energy security. Dai said global challenges such as climate change, food and energy security are common problems facing the whole world, and therefore need joint efforts to cope with. On climate change, Dai said the international community should continue to insist on the core status of the UN Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol, and abide by the principle of "common but differentiated responsibility" established by the two documents. The international community should take actions in line with the "Bali Road Map" and take into account different conditions of various countries, so as to push for the success of the upcoming Copenhagen Conference on climate change scheduled for December this year. On food security, Dai called for increased investment in agriculture, enhanced market monitoring and the establishment of assistance mechanisms. On energy security, he proposed a series of measures including setting up a system of energy technology research and development, diversifying energy supply, developing new energy and renewable energy, and improving energy efficiency.
SHENYANG, June 27 (Xinhua) -- China's steel giant, Ansteel, had got government approval to increase its stake in Australian iron ore explorer Gindalbie Metals, a spokesman with Ansteel said Saturday. The approval came Tuesday, allowing the Anshan Iron and Steel Group (Ansteel) in northeast China's Liaoning Province to increase its interest in Gindalbie from 12.6 percent to 36.28 percent to become its biggest shareholder, according to the spokesman of Ansteel. The purchase will be finished within a week. Then the two sides will invest a 534-million-Australian dollar in Karara iron ore project in western Australia, with a 50-50 ownership. Gindalbie proposed Ansteel buy more of its shares in August last year. The application was approved by the board of Gindalbie early February.
PRAGUE, May 20 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday held the 11th China-European Union (EU) summit here with Czech President Vaclav Klaus and European Commission President Jose Barroso. The Czech Republic now holds the rotating presidency of the EU. The three leaders, in a frank, practical and friendly atmosphere, thoroughly exchanged views and reached important consensus on how to further develop the China-EU comprehensive strategic partnership, and jointly deal with the global financial crisis as well as climate change. Wen said the development of the China-EU relations embodies the mutually beneficial cooperation between the biggest developing country and the biggest bloc of developed countries, and the friendly exchanges between the two major ancient civilizations. The summit is a frank dialogue between countries with different social systems, which conforms to the historical trend, meets the requirement of the advancing of the times, and benefits the Chinese and European people and the whole international community, he said. Chinese Premier Wen Jiabao (2nd R) poses together with European Commission President Jose Manuel Barroso (1st R), Czech President Vaclav Klaus (2nd L), whose country holds the rotating EU presidency, and EU foreign policy chief Javier Solana at the 11th China-EU Summit in Prague, Czech Republic, May 20, 2009The common and harmonious development of China and Europe is fundamentally helpful to the world's harmony and sustainable development, the Chinese premier added. Wen said the core of the China-EU ties lies in their strategic importance, while the bilateral relations are featured with comprehensive substance, and the key to their development is to advance with the times. Under the current complex and volatile international political and economic situations, China and the EU should stick to the basic principle of strategic partnership, and take the expansion of practical cooperation as a major point, he said. China and the EU should strengthen confidence, jointly move forward, and push forward the sustainable development of bilateral relations in an in-depth and all-around way, Wen said. Wen said both sides should give full play to the role of the China-EU summit in strategically guiding the development of the bilateral ties. Other dialogue mechanisms, such as high-level economic and trade talks, should further promote exchanges and cooperation in various sectors, he said. Chinese Premier Wen Jiabao (L), Czech President Vaclav Klaus (C), whose country holds the rotating EU presidency, and European Commission President Jose Manuel Barroso attend a press conference after the 11th China-EU Summit in Prague, Czech Republic, May 20, 2009. Both sides should also give full play to the role of legal framework as a stabilizer, and reach a deal on the China-EU Partnership and Cooperation Agreement (PCA) as soon as possible, Wen said. In January 2007, China and the EU began substantial negotiations on the PCA, which would serve as a framework agreement encompassing the full scope of their bilateral relationship. The key to China-EU strategic cooperation is the principle of mutual respect and non-interference in each other's internal affairs while taking into consideration each other's core concerns and properly handling sensitive issues, Wen said. The bilateral relations should not be adversely affected by individual incidents, said the premier. Wen also expressed hope that the EU would recognize China's market economy status and lift the arms embargo against China at an early date, which he said is in the interest of both the EU and China-EU ties. Meanwhile, the EU side said the EU-China relations are very important, both strategically and comprehensively, and have a huge potential for development. The EU attaches great importance to its dialogue and cooperation with China and remains actively dedicated to further deepening the China-EU Comprehensive Strategic Partnership, it said.