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BEIJING, Jan. 24 (Xinhua) -- One of China's two leading State-owned shipbuilders, China Shipbuilding Industry Corporation (CSIC), said Sunday that its profit in 2009 jumped 18.5 percent to 7.39 billion yuan (1.1 billion U.S. dollars).The Beijing-based conglomerate, which consists nearly 50 industrial subsidiaries and about 30 R&D institutes in northern China, also said its operating income rose 17 percent in 2009 to 120.9 billion yuan.General manager Li Changyin said the CSIC had overcome the impact of the global financial crisis, which crippled the global sea-based trade and brought down ship orders.Li said technological innovations had enabled the CSIC to build 180,000-dwt bulkers, 320,000-dwt oil tankers, 13,000-TEU containers as well as new types of drilling platform which can be used in water depths up to 400 feet (120 meters).According to Li, CSIC had also been actively engaged in non-ship businesses including manufacturing of wind power and nuclear power equipment, accounting for 40 percent of the CSIC's business volume.Li said the CSIC profit target for 2010 was 8 billion yuan. The operating income was expected to surpass 140 billion yuan and the CSIC output in 2010 was likely to break 10 million dwt (deadweight tonnage), he added.The CSIC, which has more than 140,000 manpower, launched an initial public share offer at the Shanghai Stock Exchange in December 2009 and raised some 6.4 billion yuan.The CSIC's main shipbuilding and industrial enterprises are based in cities of Dalian, Qingdao, Tianjin, Shanhaiguan and Wuchang.The other major shipbuilding conglomerate in China -- the China State Shipbuilding Corporation (CSSC) is based in Shanghai, whose turf is mainly in eastern and southern China.
BEIJING, Feb. 10 (Xinhua) -- It's supposed to be a time of family reunions, new year greetings and fireworks, but blizzards and accidents on Wednesday put a damper on the Chinese New Year.The country is experiencing the peak travel period with millions of people are eager to get away from tough jobs to go home for the most important Chinese holiday, which falls on Sunday. The mass movement of people is the largest human migration on the earth.In the southern Guangdong Province, China's business hub, about 100,000 migrant workers are expected to ride motorcycles to go home to neighboring Hunnan, Guizhou and Guangxi provinces, to avoid train jams and high train ticket prices."It will be a tiring 10-hour motorcycle ride, but I can save a lot of money by not taking a train," said a migrant worker surnamed Huang who set off at 6 a.m. Wednesday for his home in neighboring Guangxi Zhuang Autonomous Region.Traffic police set up more than a dozen rest areas along major national highways so workers could warm their hands, drink some hot tea and repair their motorcycles before continuing their trip.Railway stations across the country have been crowded with millions of migrant workers carrying belongings and trying to buy tickets home. For some, this is the one chance they have per year to return home with gifts for their family. The railways are expected to carry 210 million passengers during the 40-day travel period that began January 30.But a blizzard that hit at least six provinces and regions in northern China Tuesday and Wednesday has disrupted tens of thousands of homecoming trips.Railway authorities say trains will slow down once fresh snow measures 40 cm. Train service will be halted if the snow depth exceeds 50 cm.The Ministry of Transport said at least 24 expressways were closed nationwide amid heavy snow by Wednesday morning in the provinces of Shanxi, Shaanxi, Hebei, Shandong and Henan, as well as in Inner Mongolia Autonomous Region.Besides the bad weather, traffic accidents caused by the crush of people and tired driving are straining the nerves of passengers and government officials.More than 600 traffic accidents occurred in the northwestern Ningxia Hui Autonomous Region between Tuesday and Wednesday. No casualties were reported, said the regional traffic police.In Gansu Province, nine people were killed and another 24 injured after a bus with 33 passengers veered off the road and fell into a ravine Wednesday morning near Longnan City.More than 270,000 police have been busy trying to keep order on the roads, cracking down on speeding, overloading and other offences, according to the Ministry of Public Security.The holiday is also an annual headache for authorities as workshops, mostly illegal and poorly run, are speeding up production of fireworks, a must have item when celebrating the Spring Festival.Three people died and another two were injured Wednesday after a blast in a fireworks plant in Anshun City in southwest China's Guizhou Province.
SHANGHAI, Jan. 27 (Xinhua) -- The government must mobilize the public to safeguard security, which is the priority of the Shanghai World Expo, the top Shanghai official said Wednesday.The measures to ensure a secure Expo need understanding and support from the public, said Yu Zhengsheng, secretary of the Communist Party of China Shanghai Municipal Committee. "We can minimize the elements of potential dangers only if we trust, rely on and mobilize the grassroot organizations and the public."Yu made the remarks at the ongoing annual session of the municipal advisory body.The measures in safeguarding security and smooth traffic would interrupt the citizens's daily life. The government should seek public opinions and understanding to hold a successful Expo, he said."We should call for citizens to carry as few bags as possible or even no bags when traveling by subway so as to reduce the pressure on security checks," he said.The 2010 World Expo will be held from May 1 to Oct. 31 in Shanghai, expected to attract an record total of 70 million visitors.
BEIJING, March 15 (Xinhua) -- China's anti-corruption chief He Guoqiang has urged cadres of the Communist Party of China (CPC) to refrain from abusing their authority for illicit gain and to win public trust through clean governance.He, head of the CPC Central Commission for Discipline Inspection, made the remarks in an article to be published Tuesday in Qiushi, or "Seeking Truth," the official magazine of the CPC Central Committee.Party leaders should strictly abide by the code of ethics for CPC cadres issued in January, another important regulation to ensure clean practice in Party cadres' work and prevent corruption, said He, a member of the Standing Committee of the CPC Central Committee Political Bureau.Efforts should be intensified to tackle corruption-related problems, such as cadres using their power for illicit gains, privately engaging in profit-making activities, meddling in economic activities and using their influence to seek benefits for relatives, He saidThe CPC Central Committee issued the guideline specifying 52 unacceptable practices with respect to CPC leaders and cadres, including accepting cash or financial instruments as gifts, and using their influence to benefit their spouses, children or "special concerned persons" with regards to their employment, stock trading or business.
RAMALLAH, March 23 (Xinhua) -- Visiting Chinese Vice Premier Hui Liangyu met with Palestinian Prime Minister Salam Fayyad here on Tuesday.Hui at first conveyed greetings of Chinese Premier Wen Jiabao to Fayyad, saying the Palestinians and China are good friends and brothers with mutual respect and mutual trust.The traditional friendship between the two sides have been consolidated over the past more than 40 years and the friendly cooperation has seen profound development, Hui said, adding that China is ready to join hands with the Palestinians to enhance the friendly bilateral political ties, strengthen economic and trade cooperation and expand cultural exchanges.Chinese Vice Premier Hui Liangyu (L) shakes hands with Palestinian National Authority (PNA) Prime Minister Salam Fayyad in the West Bank City of Ramallah, March 23, 2010. Fayyad hailed the traditional friendship between the governments and the peoples of both countries. He also expressed gratitude over China's consistent support of the justice cause of the Palestinian people for their national rights.The two sides exchanged views mainly on improving agricultural cooperation. They both agreed to open the gate for Chinese- Palestinian agricultural cooperation in the fields of grain planting, fruit growing and stock raising. Fayyad also wished success to the 2010 Shanghai Expo.The two sides also exchanged their views on the Middle East issues. Hui reaffirmed the Chinese government's position on the those issues, saying the Chinese government and people deeply sympathize with the experience of the Palestinian people.Hui also said the Chinese side holds that all concerned parties in the Middle East should solve their disputes through peaceful negotiations under relevant UN resolutions and according to the principles of land for peace and the Arab peace initiative, to reach an overall, just and lasting solution of the Middle East issue and realize peaceful coexistence of two independent nations.Following their talks, Hui and Fayyad attended the signing ceremony of the agricultural cooperation deal between the two countries.Hui also meet with Secretary General of the Palestinian National Authority (PNA) Tayeb Abdul Rahim, and placed a wreath at the tomb of the late Palestinian leader Yasser Arafat. Palestinian President Mahmoud Abbas, who is on a visit to Jordan, also had friendly talks with Hui through telephone