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BEIJING, Sept. 10 (Xinhua) -- Chinese equities closed higher on Friday with the key Shanghai stock index up 0.26 percent, boosted by robust performance of the medical sector.A superbug which is spreading globally spurred investors to switch to drugmakers. And reports of deaths from hard tick bites in central China's Henan Province added to the investment tendency.The medical sector rose by 4 percent as a whole on Friday, with several medical shares, including Lukang Pharma, Neptunus, Chase Sun and Meheco, increased by the daily upper limit of 10 percent.The property sector was unsettled over concerns of further property market tightening measures as China's National Bureau of Statistics (NBS) said property prices in 70 major cities rose 9.3 percent in August.China Vanke Co., the country's largest listed developer, fell 1.45 percent than the previous close to stand at 8.16 yuan (1.2 U.S. dollars) on Friday.The benchmark Shanghai Composite Index climbed 6.86 points, or 0.26 percent to closed at 2,663.21. The Shenzhen Component Index rose 65.64 points, or 0.57 percent, to end at 11,530.99.Combined turnover stood at 257.19 billion yuan (38.03 billion U.S. dollars) from 297.99 billion yuan on the previous trading day.Gainers outnumbered losers by 506 to 344 in Shanghai and by 634 to 390 in Shenzhen.
BEIJING, Oct. 13 (Xinhua) -- Chinese Vice Premier Wang Qishan Wednesday held phone talks with U.S. Commerce Secretary Gary Faye Locke and Trade Representative Ron Kirk to discuss expansion of China-U.S trade cooperation.Wang and Locke, who is also co-chair of the China-U.S Joint Commission on Commerce and Trade (JCCT), agreed to enhance the exchange of opinions between two countries and expansion of bilateral cooperation, to ensure the upcoming 21st JCCT would be able to make positive achievements, and contribute to promoting sound and stable development of the China-U.S relationship.The JCCT was established in 1983 as a platform for the two countries to promote trade relations and address issues of mutual concern. The 20th JCCT was held in east China's Hangzhou City on Oct. 28-29, 2009.

BEIJING, Oct. 20 (Xinhua) - China's State Council, or the Cabinet, unveiled a set of guidelines Wednesday, aiming at helping reconstruction work in landslide-hit Zhouqu County in Gansu Province.The guidelines affect taxation, finance, education and employment policies in the region which was devastated by the massive mudslide on Aug. 8.The document clarified that funds for the reconstruction would come primarily from central government subsidies.It said that priority would be given to rebuild damaged residential houses, public services, infrastructure and prevent the spreading of diseases.It specified tax reduction measures for enterprises and individuals who had organized and collected donations, and encouraged banks and financial institutions to increase loans to the mudslide-hit areas.Land required for housing, infrastructure and reconstructing public facilities will be allocated by the local government, according to the document.Local governments or universities have also been directed to financially assist Zhouqu-born college students, while high-school students in the landslide-affected areas have been exempted from paying tuition fees, the document said.A massive mudslide triggered by rainstorms slammed Zhouqu county in northwest China's Gansu Province on Aug. 8, leaving 1,472 dead, 294 missing and more than 15,000 people homeless.
BEIJING, Sept.14 (Xinhua) -- A delegation of the Communist Party of China (CPC) left here Tuesday to attend the 8th Congress of Ethiopian People's Revolutionary Democratic Front (EPRDF).The delegation, led by Zhang Xuan, an alternate member of CPC central committee and deputy secretary of CPC's Chongqing Municipal Committee, was invited by EPRDF, the Democratic Progressive Party of Malawi and the African National Congress of South Africa.The delegation will pay good-will visits to Malawi and South Africa after the Congress.
BEIJING, Oct. 20 (Xinhua) -- Chinese Premier Wen Jiabao Wednesday said the country's 12th five-year development plan, starting in 2011, should reflect the consensus of the entire society and motivate people from all walks of life.He also encouraged national political advisors to actively offer suggestions for the plan.Wen made the remarks in Beijing at a meeting of the Standing Committee of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top advisory body.The national political advisors convened their meeting two days after the Communist Party of China (CPC) Central Committee ended a four-day plenary session that set the outline of the 12th five-year plan, with key objectives in economic restructuring and improving living standards nationwide among others.In Wednesday's meeting, Wen said the State Council, or the Cabinet, would draw up the plan as outlined by the CPC Central Committee.He also said the theme of the 12th five-year plan was "scientific development" and would require China to accelerate the transformation of its economic growth mode, which he called "a strategic task of great urgency."The meeting was presided over by Jia Qinglin, chairman of the CPPCC National Committee.
来源:资阳报