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BEIJING, Dec. 18 (Xinhua) -- China's economic diplomacy will face growing challenges in the form of trade and exchange rate disputes, as well as the task of protecting overseas investment interests, over the next few years, experts said on Sunday.Next year will be an election year for the Unite States and France, and there is an increasing possibility for the two countries to use the "China threat" as an excuse for not dealing with their own economic issues, which will put Chinese diplomacy under pressure, said Ding Yifan, deputy director of the Institute of World Development of the Development Research Center of the State Council at a seminar on Chinese diplomacy.During the first half of 2012, several countries will remain in a grave debt crisis and may even see their crises deepen, Ding said, adding that this situation may create friction between China, the United States and Europe.Additionally, protecting China's growing overseas investments will pose new challenges for the country's diplomacy, Ding said.Chen Fengying, director of the Institute of World Economic Studies under the China Institutes of Contemporary International Relations, agreed that the protection of China's overseas investment interests will be an important task for Chinese diplomacy.During the past three decades, China has invested in more than 170 countries and regions, with outbound direct foreign investment topping 170 billion U.S. dollars.In the past 30 years, China has been focused on "bringing in" foreign investment; it may do more to facilitate its "going out" in the future, Chen said.Chinese economic diplomacy will serve the country's economic construction and the protection of its overseas interests, national interests and security, Chen said, adding that China's position in the world is closely related to its economic diplomacy.Chen said China has made several achievements in international economic governance, reflected by China's growing influence in the international arena and the posts held by Chinese officials in important international organizations.
BEIJING, Jan. 5 (Xinhua) -- Chinese media organizations on Thursday unveiled the top 10 domestic and international news events of 2011.The selection of news events, the eighth of its kind in China, was jointly carried out by 46 major online media providers, including people.com.cn and Xinhuanet.com.The following are the top 10 domestic news events of 2011:-- China launched a series of tough government measures to cool off the property market, including higher mortgage rates, a ban on third-home mortgage loans and purchase restrictions. The State Council, or China's Cabinet, introduced a policy package urging enhanced efforts to ensure the healthy development of the property sector and to promote the construction of affordable housing units for low-income families.-- More than 90 central government departments publicized their 2010 and 2011 spending on government-funded overseas travel, receptions and official cars upon an order issued after an executive meeting of the State Council in May.-- China's amended Criminal Law criminalized all drunk driving incidents starting May 1. The previous law imposed criminal penalties on drunk drivers only when they caused serious traffic accidents.-- Food safety scandals erupted in great number in 2011. Authorities busted farmers for adding clenbuterol, a known carcinogen, to pig feed in order to grow leaner pigs.-- In a speech delivered on July 1 at a ceremony marking the 90th founding anniversary of the Communist Party of China (CPC), Hu Jintao, general secretary of the CPC Central Committee, hailed the Party's achievements and stressed efforts for the future development of the country and the Party.-- On July 23, a high-speed train rammed into a stalled train near the city of Wenzhou in the eastern province of Zhejiang, leaving 40 dead and 191 injured.-- The launch and safe return of the Shenzhou-8 unmanned spacecraft marked the successful completion of China's first space docking mission, with the spacecraft docking with the Tiangong-1 space lab module.-- A gathering was held on Oct. 9 to commemorate the 100th anniversary of China's 1911 Revolution, which ended 2,000 years of imperial rule in the country by toppling the Qing Dynasty.-- The 17th Central Committee of the CPC concluded its sixth plenary session in October, adopting a landmark guideline for improving the nation's cultural soft power and promoting Chinese culture. The CPC Central Committee also pledged enhanced efforts to promote the healthy and positive development of Internet culture.-- Ethics and morality were heavily discussed in the public sphere, with two incidents stoking debate. In July, a woman in east China's city of Hangzhou caught a two-year-old girl who plunged from the window of a 10th-floor apartment, winning praise from people across the country. However, in late August, a bus driver in east China's Jiangsu province stopped to save an old woman who was hit by a three-wheeled vehicle, only to find himself held accountable for the accident.The following are the top 10 international news events of 2011:-- Strong turbulence was encountered by several countries in western Asia and northern Africa.-- On March 11, a 9.0-magnitude earthquake struck Japan and triggered a huge tsunami, killing over 15,000 people and causing radioactive leaks from several reactors at the Fukushima Daiichi nuclear power plant.-- On May 1, U.S. Navy commandos killed al-Qaida leader Osama Bin Laden in a cross-border raid at Abbotabad.-- On July 10, Rupert Murdoch's News International company closed its News of the World tabloid after it was accused of hacking the mobile phones of dead crime victims to access saved messages.-- With the world economy staggering under the European and U.S. debt crises, the Occupy Wall Street movement was launched on Sept. 17, protesting corruption and greed in the financial sector.-- Apple co-founder and longtime Chief Executive Officer Steve Jobs passed away in October at the age of 56 after years of fighting pancreatic cancer.-- On March 19, NATO launched airstrikes in Libya to impose a no-fly zone under a UN Security Council resolution. On Oct. 20, Libya's former leader Muammar Gaddafi was killed as his hometown of Sirte fell to rebel forces.-- A report published by the UN Population Fund showed that the world's population reached 7 billion on Oct. 31, 2011.-- On March 7, U.S. credit rating agency Moody's Investors Service downgraded the credit rating of the Greek sovereign debt to B1, marking the start of the European sovereign debt crisis and worsening the economic situation in the eurozone.-- Kim Jong Il, the top leader of the Democratic People's Republic of Korea (DPRK), died on Dec. 17, 2011 from "a great mental and physical strain."

SAN FRANCISCO, Jan. 12 (Xinhua) -- Microsoft on Thursday announced a patent licensing agreement with LG Electronics covering the South Korean manufacturer's tablets, smartphones and other consumer devices running Google's Android or Chrome operating system.In a press release, Microsoft said it marks the 11th deal with a device manufacturer leveraging Google's operating system platform, noting that "more than 70 percent of all Android smartphones in the U.S. are now receiving coverage under Microsoft 's patent portfolio."Terms of the deal were not disclosed. So far, Microsoft has struck major cross-licensing patent agreements with HTC, Samsung and Acer, among others.Last September, Microsoft announced a broad patent deal with Samsung. U.S. media reports cited South Korean media as saying that Microsoft had wanted Samsung to pay 10 to 15 U.S. dollars for each Android device.The booming mobile market has been harassed by acrimonious legal battles over patent infringement. Being an open source operating system, Google's Android has become a major target of patent suits.Microsoft has been going after companies that make phones and tablets running Android, rather than directly against Google. But the two tech giants are still engaged in public spats over the issue after Google's top legal officer posted a scathing blog last August accusing Microsoft and other companies of waging "a hostile, organized campaign against Android."Motorola Mobility, which Google announced to acquire in a 12.5 billion-dollar deal last August, currently is the last major Android device vendor that refuses to take a license from Microsoft.Frank Shaw, Microsoft's head of communications, used Twitter to taunt Google on Thursday, twitting "Hey Google -- we are the 70 percent" with a link to their press release.Brad Smith, Microsoft's executive vice president and general counsel, also tweeted "it's time to recognize that in patent world, lawsuits are the 1 percent; license agreements are the 99 percent. "Google so far has made no comments on the Microsoft-LG patent deal.
BEIJING, Nov. 26 (Xinhua) -- In response to the government's call to build a greener economy, China's transport authorities have taken a slew of measures to promote energy saving and emission reductions in the sector.Under the sector's funding policy unveiled earlier this year, 122 emission-cutting projects in the industry have received financial support totalling 250 million yuan (39.3 million U.S. dollars). Encouraged by the special funds, another 8.06 billion yuan in investment went to the projects, according to He Jianzhong, spokesman for the Ministry of Transport (MOT).The projects were estimated to be able to save 315,000 metric tons of coal equivalent, replace 224,000 metric tons of fuel oil and reduce carbon dioxide emission by 1.14 million metric tons, He said.Meanwhile, the MOT has launched nationwide programs to promote low-carbon traffic. It has carried out 80 pilot projects on emission control and designated 10 cities as pilot areas to study and promote green transport system, including Tianjin, Shenzhen, Xiamen, Guiyang, Baoding and Wuhan.He said the ministry will continue to intensify efforts to regulate emissions in the sector to meet the industry's control target during the 12th Five-Year Plan period (2011-2015).In efforts to build a more environmental-friendly society, the government pledged that it will reduce the intensity of carbon dioxide emissions per unit of economic output in 2020 by 40 to 45 percent compared with the level of 2005.
BEIJING, Dec. 31 (Xinhua) -- The Red Cross Society of China (RCSC) has decided to shut down one of its fund-raising groups due to serious management flaws, as the group's alleged misuse of donations sparked public mistrust in charities.The China Business System Red Cross Society has been repealed for failing to establish a sound internal management system, maintaining a benefit-based relationship with a consulting company, and committing violations in financial and legal management, an investigation report said Saturday.The China Business System Red Cross Society, a group founded in 2001 by the China General Chamber of Commerce (CGCC) with the approval of the RCSC, engaged in charity fund raising in the commercial sector. Funds raised by the group are channeled directly to the RCSC.The group faced accusations earlier this year of misusing charity money after a young woman calling herself "Guo Meimei" claimed online to be a general manager of "Red Cross Commerce" and posted pictures on her tweets detailing her lavish lifestyle.Netizens related "Red Cross Commerce" to the China Business System Red Cross Society, and speculated that Guo might have funded her purchases by embezzling money from the Red Cross.In July, the RCSC suspended all operations of the China Business System Red Cross Society and started an investigation along with officials and experts from the Ministry of Supervision, the Chinese Academy of Social Sciences, a law firm and the CGCC.According to the investigation report, "Red Cross Commerce" does not exist, and Guo Meimei is not employed by the China Business System Red Cross Society or its cooperative enterprises.The RCSC says it is preparing to set up a public supervision committee, and it plans to invite people from all walks of life, including influential figures, to supervise its use of donations as a third party.Meanwhile, the RCSC is also building up an online service that will publicize information about all donations made to the Red Cross system nationwide, in a move to safeguard the rights of the public, including donors, and supervise the charity group's operations.The website is expected to be launched by the end of 2012, the RCSC said.The RCSC has also vowed to strengthen the supervision and management of its subsidiaries and promote transparency in donations, financial management, tendering and procurement, and fund distribution and use.
来源:资阳报