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BEIJING, Oct. 12 (Xinhua) -- A high-profile meeting of the Communist Party of China (CPC) ended on Sunday by concluding that the overall situation of the country's economy was good and the dynamic of economic growth remained unchanged. "The country's overall economic situation is good. The economy is growing quickly and the financial sector is operating steadily. The basic momentum of the country's economy remains unchanged," said a communique released at the close of the third Plenary Session of the 17th CPC Central Committee. Photo taken on Oct. 12, 2008, shows participants listening during the third Plenary Session of the 17th Communist Party of China (CPC) Central Committee, which was held from Oct. 9 to 12 in BeijingThe four-day meeting focused on issues concerning rural reform and development. The communique said all Party members should strengthen awareness of crises and face up to challenges as more uncertain and unstable factors emerged in the international economic climate amid deepening financial market turmoil and the slowdown of the world economy. In the meantime, China's domestic economy featured some notable contradictions and problems, it said. "The most important thing is to do well in the country's own business. "We should make flexible and careful macro-economic policies. We should step up efforts to boost domestic demand, particularly domestic consumption and keep the economy, the financial sector and the capital market stable. "We should continue keeping social stability and pushing the country's economy towards sound and fast development," it said. The meeting also came at a time when the outlook of the world economy became increasingly grim as a result of a serious global financial crisis. This meeting was significant because it was the third Plenary Session of the 11th CPC Central Committee 30 years ago that pushed the country on to the road of its historic reform and opening-up drive.
CHENGDU, May 26 (Xinhua) -- China's top legislator Wu Bangguo arrived in Chengdu, capital of quake-hit Sichuan province Monday, where he visited a hospital and a distribution center of relief materials. Wu, chairman of the Standing Committee of the National People's Congress, immediately went to the General Hospital of the Chengdu Military Command Area upon his arrival. China's top legislator Wu Bangguo visits Li Kecheng, a 55-year-old survivor who was saved after being buried in the rubble for 108 hours, in a hospital in Chengdu on May 26, 2008The hospital has received more than 3,000 injured people since May 12, when a 8.0-magnitude earthquake jolted southwest China and killed more than 60,000 people. Two pupils from Beichuan county, one of the worst hit areas, Hua Meihua and Ji Lei, told Wu that they have received good treatment in the hospital and have been recovering. "You are brave and good kids. You will recover soon. When you return to school, you must study hard," said Wu, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee,. Wu also chatted with 81-year-old veteran Sun Menglin in the same ward. China's top legislator Wu Bangguo visits Yuan Yi, a girl of 20 who was saved after being buried in the rubble for 104 hours, in a hospital in Chengdu on May 26, 2008."I have never cried when I fought in the war as a soldier, I but wept this time. I was moved by the unity among people," said Sun whose left leg was seriously injured in the quake. The hospital is also treating several survivors buried under the rubble for more than 100 hours. Wu shook hands with four of them at the side of their beds. "You have created miracles of life. People across the country are thinking of you and hoping you to recover as early as possible. Let's believe no difficulty will stop us once we join hands," he said. Wu thanked doctors and nurses at the hospital for working day and night to save lives. He then went to the Chengdu Railway Station, which has become an important distribution center of relief materials from home and abroad. Wu talked with volunteers working at the station. "Coming from every corner of the country, you are an important force in the quake relief efforts. I hope relief materials could be delivered to thousands of needy people through your hard work."

BUDAPEST, May 8 (Xinhua) -- Jia Qinglin, head of China's top political advisory body, on Thursday met with Hungary's parliament speaker and put forward a package of proposals for further expanding friendship and cooperation between China and Hungary. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), held talks with Szili Katalin, speaker of the Hungarian National Assembly in Budapest Thursday morning. During the meeting, Jia suggested that the two countries should maintain high-level contact so as to deepen political trust. The two countries should also expand trade and economic cooperation in a bid to promote common development. China will continue to encourage well-established companies to invest in Hungary. It will also adopt effective measures to increase imports from Hungary and encourage enterprises from both countries to carry out active and concrete cooperation, Jia said. Jia Qinglin (2nd R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with Speaker of Hungarian National Assembly Szili Katalin (2nd L) in Budapest, capital of Hungary, on May 8, 2008.The two countries should also promote human and cultural exchanges so as to improve mutual understanding, he said. China will continue to support the development of Hungarian-Chinese bilingual schools and the Confucius School in Hungary. To mark the60th anniversary of the establishment of diplomatic ties between China and Hungary, China will hold a "China Culture Festival" in Hungary next year, said the Chinese leader. Jia said the CPPCC is ready to strengthen contact and exchanges with the National Assembly of Hungary by carrying out cooperation in all forms and at all levels. Szili agreed with Jia's views on developing bilateral links. She expressed the wish that the two countries should continue to maintain exchange of visits by high-level officials, explore the potential and new areas of economic cooperation, expand cooperation in such fields as culture, education and tourism. She said the two countries should seize the opportunity of the 60th anniversary of diplomatic ties to push the development of bilateral relations. Hungary attaches great importance to the 2008 Beijing Olympic Games and the Shanghai World Exposition and will actively participate in the two great events, Szili said. She said Hungary gives priority to its relations with China in its overall foreign policy. As a member of the European Union, Hungary is ready to make active contributions to the development of EU-China relations.
BEIJING, July 7 -- Chinese state-owned banks, including Industrial & Commercial Bank of China, intend to boost the contribution of the credit card business to their profits as they tap the rising demand to use plastic to pay for purchases. ICBC, the country's biggest lender, expects to boost its credit cards in circulation to 50 million at the end of 2009 from 33 million now, Li Weiping, president of the Beijing-based bank's card center, told Shanghai Daily on Saturday in Shanghai. Industrial & Commercial Bank of China Ltd expects to boost its credit cards in circulation to 50 million at the end of 2009 from 33 million nowThe country's biggest bank, which had earlier planned to boost card number to between 35 million and 38 million, expects to achieve the target, going by the pace of its card issuance in the first half, Li said. The credit card business accounts for about 10 percent of the bank's intermediary business, or fee-based income, and is one of the main contributors. Chinese banks are shifting from its traditional deposit-lending business as they expand their profit avenues. ''We expect the contribution (of credit cards to profit) to grow by 2 to 3 percentage points annually,'' Li said. ICBC is among the country's "big four" state-owned banks to speed up the credit card business while their smaller joint stock rivals have already an edge in the market. China Merchants Bank, the sixth biggest lender on the Chinese mainland, has one-third share of the credit card market. Other state-owned banks, including Agricultural Bank of China, said they are seeking growth as they pursue prudent risk control. China Construction Bank expects to break even on its credit card business next year, said Wu Huitao, deputy general manager of the bank's credit card center. CCB targets card numbers at 20 million at the end of this year, from 16 million now, Wu said. Credit cards will be the most important consumer credit product after mortgages, with profit forecast to reach US.6 billion by 2013, accounting for 22 percent of total consumer credit profits, said New York-based McKinsey & Co.
BEIJING, Sept. 28 (Xinhua) -- Chinese Premier Wen Jiabao celebrated the successful return of Chinese taikonauts who had completed the country's third manned space mission on Sunday. Together with other senior officials and officers at the Beijing Aerospace Control Center (BACC), Wen watched the re-entry of Shenzhou-7 space module to Earth in a live transmission. China's Shenzhou-7 spacecraft's re-entry module lands safely in north China's Inner Mongolia Autonomous Region.After the module landed in China's northern grassland and the three taikonauts Zhai Zhigang, Liu Boming, and Jing Haipeng moved out of the spaceship by themselves, Wen congratulated the victory with the technical staff members and operators in the center. Delivering a congratulatory note from the central authorities, Wen said the mission was "a victory of the Chinese space and technological field and a monumental achievement in the socialist causes". One of the three Chinese taikonauts (R) is ready to get out of Shenzhou-7 re-entry module after their safe landing in North China's Inner Mongolia Autonomous Region on Sept. 28, 2008The taikonauts were lifted into space at 9:10 p.m. Thursday at the Jiuquan Satellite Launch Center, where the country's first twomanned space missions took off in 2003 and 2005. The three taikonauts came back from a 68-hour flight, included a historic 20-minute spacewalk of Zhai Zhigang on Saturday. Photo taken on Sept. 28, 2008 at Beijing Space Command and Control Center in Beijing, China, shows Shenzhou-7 re-entry module being parachuted to the groundTheir spacecraft circled Earth 46 laps before descending at the Siziwang Banner in north China's Inner Mongolia Autonomous Region at 5:37 p.m. Sunday. The taikonauts were taken to a hospital in the Inner Mongolian capital Hohhot for medical examination and would be flown to Beijing on Monday for a two-week quarantine.
来源:资阳报