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BEIJING, Oct. 25 (Xinhua) -- Chinese President Hu Jintao and Vice President Xi Jinping on Monday met with veterans and heroes of the Chinese People's Volunteers (CPV) to commemorate the 60th anniversary of the volunteer army entering the Democratic People's Republic of Korea (DPRK) to help in the war to resist U.S. aggression.Hu is commander-in-chief of China's armed forces, while Xi has been newly appointed vice chairman of the Central Military Commission (CMC) of the Communist Party of China.In his address on behalf of the CPC Central Committee and the CMC, Xi said that the Chinese movement 60 years ago was "a great and just war for safeguarding peace and resisting aggression."Chinese President Hu Jintao (3rd R, front), also chairman of the Central Military Commission, and Chinese Vice President Xi Jinping (2nd R, front) meets with representatives of Chinese People's Volunteers (CPV) veterans and old comrades who have devoted to the entry of the Chinese People's Volunteers into the Korean front prior to a symposium that commemorate the 60th anniversary of the entry of the CPV into the Korean front in Beijing, capital of China, Oct. 25, 2010."It was also a great victory gained by the united combat forces of China's and the DPRK's civilians and soldiers, and a great victory in the pursuit of world peace and human progress," Xi said.Xi said the Chinese people would never forget the great contribution and sacrifice made by the nation's founders and, in particular, the people who made history during a war that saw the weak defeating the strong.The Chinese people will never forget the friendship -- established in battle -- with the DPRK's people and army, he said. Xi also acknowledged the former Soviet Union's government and people who provided help to the volunteer army.
BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.
BEIJING, Sept. 9 (Xinhua) - China's top economic planning agency Thursday urged authorities nationwide to step up supervision to stabilize prices in food, transportation and tourism during the upcoming holidays.Focus should be attached to cracking down on price rigging, including circulating misleading or false information about price hikes, commodity hoarding or forcing up prices of grain, cooking oil, meat, eggs and dairy products, said an official from the National Development and Reform Commission (NDRC).The official also asked involved departments to ramp up measures to regulate prices of public transportation and in the tourism industries, while curbing arbitrary price hikes and irregular charges.Complaints and reports from the public will be accepted at hotline phone number "12358", said the official.This year's Mid-autumn Festival holiday is Sept. 22 to 24, and the National Day holiday lasts from Oct. 1 to 7.
BEIJING/FUZHOU, Sept. 13 (Xinhua) -- A plane chartered by the Chinese government flew 14 Chinese fishermen illegally seized by Japanese authorities from Japan to the southeast China port city of Fuzhou Monday afternoon, after China's repeated solemn representations.The fishermen were detained after the trawler they were aboard collided with two Japanese Coast Guard patrol vessels near the Diaoyu Islands in the East China Sea last Tuesday. No injuries were reported from the collision.Dressed in t-shirts and casual pants, the fishermen disembarked the plane and hugged their family members who had gathered at Changle International Airport in the coastal province of Fujian.Li Guojin (L Front) and other Chinese fishermen step down from the plane at the airport in Fuzhou, capital of southeast China's Fujian Province, Sept. 13, 2010. A chartered plane of the Chinese government carrying 14 Chinese fishermen illegally seized by the Japanese authorities arrived in Fuzhou on Monday afternoon. The fishermen were illegally detained after a trawler they were aboard collided with two Japanese Coast Guard patrol vessels near the Diaoyu Islands last Tuesday."Our safe return is due to the work of Chinese society, including the Party, the government and compatriots from all walks of life," said Wang Guohua, one of the crew members.He said the Diaoyu Islands are Chinese territory and their detention by the Japanese authorities was illegal."For generations, we have fished in those waters and so how could they seize us?" he said.The trawler, which was "illegally detained by the Japanese side," also set off for home Monday morning, the Chinese Foreign Ministry said in a statement, adding that the Chinese government has dispatched a fisheries administration ship to the relevant waters to assist it.
BEIJING, Aug. 29 (Xinhua) -- China's top legislature Sunday initiated a nationwide inspection over Agricultural Techniques Promotion Law in an effort to boost the development of the country's vast rural area while ensuring the nation's food security.Three inspection teams from the Standing Committee of the National People's Congress (NPC) will travel to six provinces and municipalities for supervision of the inspection in late August and September. Another eight teams from provincial level legislatures will be authorized to supervise the enforcement of the Agricultural Techniques Promotion Law and the Seed Law.Wu Bangguo, Chairman of the NPC Standing Committee, said the inspection teams should push local governments forward to pay more attention to popularizing agricultural techniques, transform techniques into increased agricultural output and raise the incomes of farmers.Promoting agricultural techniques and increasing technology's contribution to agricultural development is the fundamental method to resolve the agricultural difficulties caused by limited resources and markets in China, said Uyunqimg, Vice Chairwoman of the NPC Standing Committee.The Agricultural Techniques Promotion Law was passed by the top legislature and began to be put into use in 1993, which aims at promoting more adoption of scientific and technological achievements in agricultural production to assure the modernization of the nation's agriculture.Statistics show the ratio of scientific and technological contributions to agricultural growth in China has increased from 26 percent in 1993 to 51 percent in 2009.