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MONROVIA, Sept. 20 (Xinhua) -- Chinese Ambassador to Liberia Zhou Yuxiao has said his country is a responsible and faithful member of the United Nations and it respects the resolutions adopted by the world body. In a weekend interview with Xinhua, Ambassador Zhou expressed his confidence that the Chinese peacekeepers serving within the United Nations Mission in Liberia would remain in the country up to 2011 when the Liberians would go to polls to elect a new president. The ambassador said the Chinese peacekeepers here in Liberia are working under the leadership and guidance of the UN mission. "As far as I know, the United Nations has decided that UNMIL (the United Nations Mission in Liberia) will stay in Liberia until 2011, and supporting Liberian general election is part of UNMIL mandate." Ambassador Zhou said there could be a small reduction in the size of the Chinese peacekeeping forces in the country, but the troops would remain in Liberia to provide the needed support up to2011 under the UN Mission. "As part of the UN Peacekeeping force, the Chinese peacekeepers will certainly play its role in supporting the next elections," he said. The current Chinese peacekeepers are drawn up in three contingents namely medical, transportation and engineering. He said during the Liberian forthcoming elections, obviously the electoral authority will need transportation support which the Chinese unit can assist with. Ambassador Zhou said although China does not have a combat troop in the mission, but he is confident that the three contingents can play a positive role in the peacekeeping efforts as well as in supporting the forthcoming elections. "China has always supported the UN endeavors in maintaining peace and stability in Liberia and my view is that the peacekeeping operation in Liberia has so far been successful and we should allow it to stay so," he added.
BEIJING, June 29 -- Chinese listed banks, which have lent record high amounts in the first half, are likely to report lower profit growth in the period due to narrowing interest spreads and higher provisioning requirements, industry analysts said. "We are expecting a 7 to 8 percent year-on-year profit fall among the 14 listed banks in the first half-year," said Wang Liwen, banking analyst with Shanghai-based Guotai Junan Securities Co, citing stretched interest spreads as the major reason. In 2008, the net interest rate spread for banks ranged from 2.45 percentage points to 3.62 percentage points, with the average figure hovering around 3 percentage points. This year, as the government cut interest rates several times to spur economic growth amid the global financial crisis, the net interest rate spread is expected to be lower, at around 2.36 percentage points. Clients walk into the Suzhou branch of Bank of Ningbo in Suzhou, east China's Jiangsu Province, March 27, 2009.The bank, the first listed lender to file a mid-term report, said its first-half profits would drop nearly 5 percent from a year earlier "A drop of 0.7 percentage points in the average net interest rate spread could mean some 7-billion-yuan decrease in the interest yield for each trillion yuan of new loans," said Wang. Chinese banks extended a record 7.37 trillion yuan of new loans in the first half, triple the amount offered in the same period a year earlier and 47 percent more than the government's full-year target, after lending restrictions were eased in November to stem an economic slowdown. However, most securities firms' reports said the country's 14 listed banks might post an average profit decrease ranging from 6 percent to 10 percent year-on-year in the first six months. According to Wind Info, a financial data provider, the 14 listed banks reported a net profit of 232.7 billion yuan in the first half of 2008, an increase of 73 percent year-on-year. But this year, the net profit could probably stand at 210 billion yuan, down 10 percent on a yearly basis. Bank of Ningbo, for instance, on July 14 announced no more than a 5-percent decease in net profit in its pre-released semi-annual report to the Shenzhen bourse. It is the first Chinese listed bank to report a profit fall in the first half. Wang Yifeng, an analyst at TX Investment Consulting, said the improved provision coverage ratio requirement might also cripple profits at listed banks. To prevent potential risks arising from the lending spree, China Banking Regulatory Commission raised the minimum provision coverage ratio requirement to 150 percent from 130 percent earlier this year. "The increase will mainly eat into the profits of several large State-controlled banks as they are still not up to the new requirements," said Wang. But as the squeezed spreads bottom out in the second half, most analysts said listed banks would still post positive growth for the whole year. "Thanks to the widened interest rate spreads and lower loan cost in the following months, we are expecting a 10-percent growth in profits overall this year," said Liu Yinghua, an analyst with Shenzhen-based Ping An Securities.

URUMQI, Aug. 13 (Xinhua) -- A delegation of foreign diplomats in China on Thursday visited Shihezi city in northwest China' s Xinjiang Uygur Autonomous Region, voicing their appreciation to the development model of the city. Shihezi city, some 150 km northwest of Urumqi, is a young city which was established in the 1950s in the gobi of Xinjiang. With the development of some 60 years, the city has become one of the most developed cities in the autonomous region. In the early phase of the city' s development, Shihezi focused on reclaiming land in the desert for agriculture. Meanwhile, the city began to establish its industry system and high-tech in recent years in order to reach a comprehensive development. Bangladeshi Ambassador to China Munshi Faiz Ahmad takes photoes for peaches at a modern agricultural garden in Shihezi, northwest China's Xinjiang Uygur Autonomous Region, Aug. 13, 2009.Mohamed Abd El Aziz, general manager of Xinjiang Alzeeh Textile Co. Ltd, a Saudi-invested private company, said that the local government has launched a series of preferable measures to attract investments. After visiting the workshop of the textile company, which has an investment of 50 million U.S. dollars and covers an area of 200,000 square meters, Kuwaiti ambassador Faisal Rashed J. Al-Ghais said he has the plan to introduce Kuwaiti companies to invest here to boost bilateral cooperation of the two sides. At present, textile products of the company are exported to European and Asian markets. Besides industry development, the city has also paid much attention to the development of agricultural technology, particularly the irrigation system in the water-shortage area. Diplomats visit a workshop of a textile company in Shihezi, northwest China's Xinjiang Uygur Autonomous Region, Aug. 13, 2009The diplomats also visited Xinjiang Tianye Group Co. Ltd, a leading company of water-saving technology and recycle economy based in Shihezi. Syrian ambassador Khalaf Al-Jarad said there is no waste and pollution by introducing the technology of the company, which realizes the aim of fully making use of resources. Kuwaiti ambassador Faisal Rashed J. Al-Ghais said it' s a good method to develop this kind of technology in the area and set a good example for other countries and regions in water-shortage areas to develop agriculture and recycle economy. Togolese ambassador to China Nolama Ta Ama, also head of the diplomatic delegation, voiced his appreciation to the achievements of the reclamation projects in Shihezi. "We appreciate your efforts of reclamation to build such a beautiful and livable city in the desert," said Ama, adding that the people here live harmoniously with each other and with the nature. The foreign diplomats, who will leave for Beijing on Friday, also visited a museum on Xinjiang' s reclamation and Shihezi University in the city.
BEIJING, Oct. 9 (Xinhua) -- The inaugural World Media Summit began in Beijing on Friday with a speech from Chinese President Hu Jintao that drew praise from many foreign media members. Tom Curley, president and chief executive of The Associated Press, said that he was delighted to hear some 15 months after the Beijing Olympics that the progress of China opening up to the world would continue. Curley said that Hu's speech seemed quite sincere and that the president's appearance at the summit "was an important gesture as well." Chinese President Hu Jintao (C) waves to the participants as he arrives for the opening ceremony of the World Media Summit at the Great Hall of the People in Beijing, capital of China, on Oct. 9, 2009. The two-day summit, hosted by Xinhua News Agency, opened here Friday morningThe AP also said that news coverage of China has expanded dramatically in recent years amid rising global interest in its economic boom and Beijing's larger role in global affairs. The news agency also paid close attention to China's pledge to safeguard the legitimate rights and interests of foreign news organizations and reporters. Foreign media coverage had played an "important role" in telling the world about the changes in China, Hu was quoted by the AP as saying. The Chinese president also called on media organizations to promote peace. South Korea's Yonhap News Agency said Hu elaborated on China's media policies in his speech and pledged that the Chinese government would safeguard the legitimate rights and interests of foreign news media and continue to facilitate foreign media coverage of China in accordance with the law. South Korea's JoongAng Daily reported that a three-day "media Olympics" Opened in Beijing, China. The newspaper said that the summit puts a heavy emphasis on the coexistence, competition, dependency and convergence of the traditional media and new media. "It is also noteworthy that China is pursuing ambitious media reconstruction strategies by planning and hosting such a large-scale event," the newspaper said. Japan's Kyodo said that representatives from about 170 media organizations worldwide began two days of talks Friday in Beijing. The talks, Kyodo said, focused on the potential for cooperation and competition between new and traditional media in an era of globalization with growing use of digital and multimedia technology. The Jiji News Agency of Japan said Chinese media are tapping into the world market by providing multi-language services and going multimedia. It said Xinhua is expanding its business by launching a TV news service and developing online and mobile phone services.
BEIJING/TAIPEI, Aug. 22 (Xinhua) -- Taiwan has started building homes for hundreds of homeless families left by Typhoon Morakot with assistance from the mainland. Prefabricated houses with blue roof and white walls, donated by the Chinese mainland, are being set up in Pingtung County in the south of the island. Local authorities told Xinhua Saturday that so far more than 400 homeless families have applied for the prefab houses, which have been tested safe. Recovering signs appear in the island as Xinhua reporters saw children in the county studied in a mobile bookstore on rubble, and villages in Kaohsiung County sold homemade handbags to save money for reconstruction. In addition to the Taiwan authorities' three-year reconstruction budget of about 100 billion New Taiwan Dollars (3.12 billion U.S. dollars), the Chinese mainland has contributed 781.8 million yuan (115 million U.S. dollars) two weeks after the disaster hit Taiwan. The mainland's donation came from all circles of the country, including people in Sichuan Province who received generous support from Taiwan compatriots and Buddhists and monks who pray for blessings of the typhoon victims in the island. "We will never forget the Taiwan rescuers who helped us live through the Wenchuan earthquake last year," said a worker of Dongfang Steam Turbine Works in Sichuan's Mianzhu City. The company donated one million yuan to Taiwan victims with another 500,000 yuan raised by the company's workers. The mainland has promised to spare no effort and offer medical, rescue, engineering and other available personnel or equipment that Taiwan compatriots need. On Friday afternoon, 18 tonnes of vegetable was shipped to Kinmen from its closest mainland city Xiamen of Fujian Province as an emergent support to ease the vegetable shortage caused by the typhoon. "We are contacting the agricultural associations in Taiwan and if they request we can quickly collect large amount of vegetable and send them to help Taiwan compatriots," said Guo Hao, a food company boss in Fujian. Other disaster-relieving materials from the mainland are on the way to the island. The second batch of prefab houses arrived in Kaohsiung on Saturday afternoon and three mainland engineers headed for Taiwan to help install those houses. The mainland's ports, maritime and transport authorities have provided favorable procedures for the disaster relief materials to Taiwan.
来源:资阳报