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BEIJING, June 21 (Xinhua) -- China's National Development and Reform Commission (NDRC), the country's top economic planner, refuted on Monday recent reports online saying China is mulling adjustments of electricity prices, claiming such reports "untrue" .The NDRC said in a statement on its website that recently there were reports online saying the NDRC was studying plans to adjust electricity prices, citing Li Jing, deputy head of the Department of Resource Conservation and Environmental Protection at NDRC. Reports said she has not given the timetable for the plan.The statement further said she never made such remarks to media and the reports were groundless.The NDRC began a rise in the price of electricity for non-residential use by 2.8 fen (0.4 cents) per kwh on average nationwide on November 20 last year, with residential electricity prices unchanged.
BEIJING, Aug. 20 (Xinhua) -- China's insurers felt the side effect of the country's booming auto market -- with operating losses totaling 2.9 billion yuan (427 million U.S. dollars) in 2009.Insurance Association of China said here Friday that its 30 member insurance companies that are engaged in traffic compulsory insurance business underwrote 85.02 million units of vehicles in 2009, up 23 percent from a year ago.Total compulsory insurance premiums rose 21 percent year on year to 66.8 billion yuan (9.84 billion U.S. dollars), according to the association.Meanwhile, the industry handled 11.78 million claims regarding traffic liability mandatory insurance products last year with reimbursements totaling 47.2 billion yuan (6.95 billion U.S. dollars), it said.Offsetting 2.4 billion yuan (353 million U.S. dollars) investment revenue with 18.6-billion-yuan (2.74 billion U.S. dollars) operating costs, the industry posted a loss of 2.9 billion yuan (427 million U.S. dollars) last year, according to the association.Retail sales of China-made autos rose 17.18 percent year on year to 1.056 million units in July this year, raising auto sales in the first seven months to more than 8.24 million units, up 28.58 percent from a year earlier, according to data from the China Automotive Technology and Research Center released earlier this month.
BEIJING, July 27 (Xinhua) -- Senior Chinese official Li Changchun called for stepped-up efforts to reform the countries cultural sector at a meeting held recently and joined by publicity and culture chiefs from China's central government.Li also urged more progress to be made in the development and prosperity of China's cultural industries.Li, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, presided over the meeting. State Councilor Liu Yandong and Liu Yunshan, head of the Publicity Department of the CPC Central Committee, attended the meeting.
BEIJING, July 9 (Xinhua) -- China here on Friday urged the involved parties to "flip over the page" of the Cheonan warship sinking incident and restart the six-party talks on the nuclear issue of the Korean Peninsula as soon as possible.Foreign Ministry spokesman Qin Gang made the comment after the United Nations (UN) Security Council released a presidential statement on the incident Friday night.Qin said the Security Council statement has noticed both the findings of the joint investigation submitted by the Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK)'s declaration that it had nothing to do with the incident. X The statement has also encouraged the settlement of the outstanding issues on the Korean Peninsula by peaceful means and the resumption of direct dialogues and negotiations between the DPRK and the ROK, Qin said."We hope the involved parties continue to maintain calm and restraint, and take this opportunity to flip over the page of the Cheonan incident as soon as possible. We call for an early resumption of the six-party talks and joint efforts to maintain peace and stability on the Korean Peninsula," Qin said.On March 26, ROK Navy frigate Cheonan, with 104 crew members aboard, went down off the ROK island of Baekryeong due to an explosion. Forty-six sailors were killed.Seoul said after completing an investigation that the warship was torpedoed by the DPRK, but Pyongyang has denied its involvement in the incident.The ROK on June 4 formally referred the case to the UN Security Council.
BEIJING, Aug. 25 (Xinhua) -- More relief supplies, worth 20 million yuan (2.94 million U.S. dollars), have been sent from China to flood-hit Pakistan, China's Ministry of Commerce (MOC) said in a statement Wednesday.The shipments mainly contained urgently-needed daily necessities, including grain, cooking oil, flour, sugar, salt and medicine, the ministry said in a brief notice on its website.The supplies are to be transported through a land route to the Sust dry port near the Pakistan-China border from Kashgar in northwest China's Xinjiang Uygur Autonomous Region, the statement said.However, the ministry did not say when the supplies would arrive, as workers were still rushing to repair the road linking Kashgar and Khunjerab Pass.China is one of the first countries to respond to the relief needs of Pakistan when it was hit by the worst floods in 81 years. China's first delivery of aid, worth 10 million yuan, was delivered on Aug. 4. So far, 40 million yuan worth of supplies provided by China have arrived in Pakistan.China decided to offer an additional 60 million yuan of relief supplies to Pakistan, MOC official Chong Quan announced Wednesday while meeting with Masood Khan, Pakistani ambassador to China.Masood Khan, on behalf of the Pakistani government and people, expressed his gratitude for China's assistance, saying the food, tents and medicine provided by the Chinese government were Pakistan's most urgently needed materials.Foreign Ministry spokeswoman Jiang Yu said on Wednesday that some urgently-needed materials including tents, power generators and sludge-cleaning equipment provided by the People's Liberation Army to the Pakistani armed forces will arrive in Pakistan's Islamabad on Wednesday.