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BEIJING, Dec. 18 (Xinhua) -- China's official Xinhua News Agency on Saturday formally launched its financial information exchange, an information sharing platform in the financial and cultural sectors to promote development of the nation's capital market.Approved by the People's Bank of China, or the central bank, it is the world's first financial information exchange.It is funded by and registered with the China Finance Corporation (CFC), owned by Xinhua.Located in the Lize business district in the southwest of downtown Beijing, the exchange has the world's largest LCD panel groups at 7,593 inches, which show real-time information in the finance and cultural industries.Member users can also get the latest information on technology transfers and business consultations.The exchange would improve Xinhua's presence and influence in the global financial information sector and enhance China's soft power in the international capital markets, said Xinhua president Li Congjun at the inauguration ceremony."It aims to be a fair, just, professional and highly efficient intermediary service platform in the financial information and cultural sectors to promote information sharing among the cultural sector, industries and the capital markets," he said."The ultimate goal is to become the world's most influential financial information and cultural industry service center."
BEIJING, Nov. 27 (Xinhua) -- China's apparent consumption of crude steel is likely to reach 596 million tonnes this year, a year-on-year increase of 5.6 percent, according to a steel association official.Apparent consumption represents the sum of net imports and output, and can be used to estimate real consumption excluding inventory.Luo Bingsheng, deputy head of the China Iron and Steel Association, expected the country's crude steel output to climb 8.2 percent this year from one year earlier, to reach 624 million tonnes.Luo further noted that a rising investment in 2011 would result in an increase in China's steel demand.If the year-on-year growth of the country's social fixed assets investment maintained itself at around 20 percent next year, China's crude steel apparent consumption would see an annual increase of 40 million to 50 million tonnes next year, said Luo.

BEIJING, Nov. 20 (Xinhua) -- China's Ministry of Public Security (MPS) has ordered a fresh crackdown on the infringement of well-known foreign and domestic brands' intellectual property rights (IPRs).Greater efforts must be made to fight the production and sale of pirated books, audio, video, software, medicine, food and agricultural products, Liu Jinguo, deputy minister of public security, said at a meeting in Beijing Friday, according to a statement posted on the MPS website Saturday.The special nationwide campaign started Friday and will last until March 2011.At a Nov. 5 meeting, Chinese Premier Wen Jiabao urged government agencies to target the root causes of IPRs infringement while strengthening IPRs protection.In a statement Xinhua received Friday, the MPS said Chinese police in a special March 2006 operation uncovered 3,775 cases of IPRs infringement.In a July 2007 campaign conducted in cooperation with the U.S. Federal Bureau of Intelligence, Chinese police arrested over 20 in connection to the cases.
DAMASCUS, Nov. 8 (Xinhua) -- Syrian President Bashar al-Assad and Xu Caihou, vice-chairman of China's Central Military Commission, discussed relations between the armies of the two countries on Monday.Assad expressed his appreciation for China's support of Arab issues and stressed his keenness to pursuing friendly relations with China.Syrian President Bashar al-Assad (L) meets with Xu Caihou, vice chairman of China's Central Military Commission, in Damascus, capital of Syria, Nov. 8, 2010. Xu Caihou arrived in Damascus for an official visit on Nov. 7.For his part, Xu said that China supports the just cause of the Arab states, and backs Syria's efforts to resume sovereignty over Golan Heights and to achieve a comprehensive, fair and lasting peace in the Middle East.The senior Chinese official, who arrived in Damascus on Sunday for a three-day visit, also held talks on Monday with Syrian Defense Minister Ali Mahmoud on cooperation between the Syrian and Chinese armies.
ST. PETERSBURG, Russia, Nov. 23 (Xinhua) -- Chinese Premier Wen Jiabao and his Russian counterpart, Vladimir Putin, agreed Tuesday to shore up reciprocal and practical cooperation to further consolidate bilateral relations.Following the 15th regular meeting between the Chinese and Russian heads of government, Wen told a press conference that the latest gathering reinforced the political mutual trust between the two sides and significantly pushed forward bilateral cooperation.The two premiers reached important consensus on bilateral ties and important global affairs, and were confident that the positive results of the meeting would help inject new energy into the comprehensive development of the China-Russia strategic partnership of coordination, Wen said.Chinese Premier Wen Jiabao (L) and his Russian counterpart Vladimir Putin attend a news conference after the 15th regular meeting between the Chinese and Russian prime ministers, in St. Petersburg, Russia, Nov. 23, 2010.China's modernization poses no harm to the interests of any other country, Wen said, adding that stronger China-Russia collaboration will not only benefit the two countries, but also contribute to regional peace and stability.The two sides have maintained close coordination on such multilateral platforms as the UN and the Group of 20 major economies, and their cooperation is all-around, Wen said.China is ready to take part in Russia's efforts to build infrastructure and establish special economic zones, and is delighted to invite more Russian youths to learn the Chinese language or study in China, he added.Noting that the latest international financial crisis has left a far-reaching fallout, the Chinese premier said that both Beijing and Moscow are now facing a variety of challenges, and that both sides have the responsibility to defend their interests.
来源:资阳报