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BEIJING, April 21 (Xinhua) -- Chinese President Hu Jintao on Wednesday paid a silent tribute in Beijing to the victims of the earthquake in northwest China.The other eight members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee also joined Hu to mourn the victims.National flags flew at half-mast at government agencies in the Chinese capital on Wednesday and all public entertainment was suspended. Chinese national flag flies at half-mast to mourn for the victims of Yushu earthquake, in the Tian'anmen Square in Beijing, capital of China. April 21, 2010.At Tian'anmen Square in downtown Beijing, thousands of people watched the national flag hoisted to full height and then lowered to half-mast at about 5:33 a.m..The 7.1-magnitude quake that struck Yushu, northwest China's Qinghai Province, last week had left 2,064 dead and 175 people still missing as of Tuesday. The quake had also left 12,135 injured, of whom 1,434 were in serious condition
MOSCOW, May 8 (Xinhua) -- Chinese President Hu Jintao and Russian Prime Minister Vladimir Putin met here Saturday and agreed to further enhance the strategic relations of cooperation and partnership between their two countries.President Hu is in Moscow for celebrations marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.At the meeting, Hu said that both China and Russia made great historic contributions to the victory of the World Anti-Fascist War and China takes the same stance toward the history of World War II as Russia. Chinese President Hu Jintao (L) meets with Russian Prime Minister Vladimir Putin in Moscow, May 8, 2010.China and Russia should strengthen communication and coordination to firmly safeguard the truthfulness and seriousness of history, Hu said, adding that China would like to work together with Russia to hold a series of events to mark the 65th anniversary of the victory of the World Anti-Fascist War.Hu told Putin that China-Russia relations are now enjoying a sound momentum of development and the two countries have made much headway in their cooperation in all fields.The two countries have also had close interaction and coordination in dealing with international and regional affairs, he said.

TASHKENT, May 3 (Xinhua) -- Regional financial cooperation in East Asia has made active progress over the past year, Chinese Finance Minister Xie Xuren said after meeting with his counterparts from countries in the region.In particular, achievements were made in establishing the regional multilateral financial assistance mechanism and in promoting an Asian bond market, Xie told Xinhua on Sunday after attending the finance ministers' meeting of the Association of Southeast Asian Nations, plus China, Japan and South Korea (ASEAN+3) here.Xie said all parties concerned reached further consensus on basic parameters of a regional economic surveillance unit at the meeting.Uzbek President Islam Karimov(L) shakes hands with Chinese Finance Minister Xie Xuren in Tashkent, capital of Uzbekstan, May 3, 2010. The unit is responsible for monitoring the countries' economic and financial situations and providing advices for the regional foreign currency reserve pool, known as Chiang Mai Initiative Multilateralization (CMIM) that formally came into effect on March 24, 2010.The ASEAN+3 meeting also announced the setting up of a regional credit guarantee and investment fund with an initial grant of 700 million U.S. dollars, in an effort to promote the issuance of bond in domestic currencies within the region, Xie said.The finance ministers also agreed to create a working group to discuss future strategic fields for regional financial cooperation.
BEIJING, April 2 (Xinhua) -- Experts say the Party's promulgation of four documents on the selection and promotion of government and Party cadres will build a "total supervisory network" and cover the entire process of an official's career, from selection to retirement.The four documents, promulgated Wednesday by the General Office of the Communist Party of China (CPC) Central Committee, cover the selection and auditing of officials and set out penalties for those found guilty of misconduct in the selection and promotion of government and Party cadres.Prof. Ye Duchu of the Party School of the CPC Central Committee said the documents "clarify the responsibilities of people in charge of selecting officials" and aim to prevent corruption and make the cadre selection process transparent.Personnel departments at various levels are required to report personnel changes to superior departments before official appointments are made, and the appointments should be discussed by members of CPC committees of the same level.Officials are also required to be audited before leaving their posts and penalized if they are found to be guilty of misconduct.The selection and promotion of officials have been prone to public criticism in some areas.According to the Party's disciplinary body in central Henan Province, nine of the 22 county-level Party chiefs that had been penalized for corruption since 2006 have been punished while in their posts while the 13 others were punished about one year after being promoted."It reflects shortcomings in the selection and promotion of cadres," Ye said.Prof. Lu Wei of Wuhan University in central Hubei Province said the documents will help prevent the unmerited selection of officials and clarify rules.China issued its first regulation on officials' selection in 1995. Later, it was amended to make it clearer, stressing "transparency," "competition" and "equal emphasis on both integrity and professional competence."Lu said this time the new documents set out penalties for misconduct in the selection of officials.A number of high-ranking officials were deposed or resigned in recent years due to take responsibility for failures, coal mine accidents and food safety scandals. But some of them won new posts shortly after being removed.To address this issue, the new documents clarify that "officials who have been transferred to other posts for misconduct in selection and promotion of cadres will not be eligible for further promotion for one year," and "demoted officials will also be barred from promotion for two years."Lu said the new documents will tighten regulation of officials' conduct and improve the credibility of officials' selection.
BEIJING, May 18 (Xinhua) -- Chinese Vice Premier Wang Qishan met here Tuesday with Charles Dallara, managing director of the Institute of International Finance (IIF).The two sides exchanged views on current global economic and financial situation, and issues related to global financial supervision.Dallara made the visit to China as guest of the People's Bank of China.Chinese Vice Premier Wang Qishan meets with Charles Dallara, managing director of the Institute of International Finance (IIF), in Beijing, May 18, 2010.IIF is the global association of financial service firms with more than 375 member institutions in over 70 countries.
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