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BEIJING, March 9 (Xinhua) -- Senior Chinese leaders Li Keqiang, He Guoqiang and Zhou Yongkang have called for more efforts on improving people's well-being amid China's drive to stimulate economy. Li Keqiang (front, L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, joins a panel discussion with deputies to the Second Session of the 11th National People's Congress (NPC) from east China's Jiangxi Province, in Beijing, capital of China, March 9, 2009."Our initiatives to expand domestic demand, promote economic growth, readjust economic structure, and push forward reform all aim to improve people's well-being," Vice Premier Li Keqiang said Monday. In a panel discussion with deputies to the National People's Congress (NPC) from the eastern Jiangxi Province, Li urged enhanced efforts to tackle major difficulties of the public in areas of housing, education, medical service, and environment protection. He Guoqiang, secretary of the Communist Party of China (CPC) Central Commission for Discipline Inspection, urged to impose "harsh penalties" on those who infringe upon people's interests. He Guoqiang (L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, joins a panel discussion with deputies to the Second Session of the 11th National People's Congress (NPC) from southwest China's Guizhou Province, in Beijing, capital of China, March 9, 2009. "We should take feasible measures to maintain social stability, resolve disputes timely, crack down crimes harshly, and firmly preventing major work safety incidents," He, also member of the CPC Central Committee's Political Bureau Standing Committee, told NPC deputies from Guizhou Province. When joining lawmakers from the central Henan Province, Zhou Yongkang, member of the Standing Committee of the CPC Central Committee's Political Bureau, pinpointed importance on accelerated development in the rural areas. Zhou Yongkang (front, R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, joins a panel discussion with deputies to the Second Session of the 11th National People's Congress (NPC) from central China's Henan Province, in Beijing, capital of China, March 9, 2009. As a major grain producer and one of the largest reservoirs of labor sources, Henan should take measures to ensure grain safety, create more jobs for surplus rural laborers, increase farmer's income, and raise public expenditures in the rural areas, Zhou said.
LONDON, April 3 (Xinhua) -- As the curtain dropped on the G20 London summit, Chinese Commerce Minister Chen Deming on Friday reiterated China's opposition to protectionism and voiced support for cooperation. "This summit has yielded a series of positive and pragmatic results for the international society to jointly tackle the current financial crisis," Chen said. He said it included reaching broad consensus on stabilizing international financial markets, speeding up reform of the international financial system, actively pushing forward the Doha round talks, and opposing trade protectionism. Chen said history and experiences have proved that protectionism will only drag the world economy into deeper recession. As the crisis is worsening, people have increasingly realized the necessity and urgency to reject protectionism, he said. Chinese President Hu Jintao pointed out at the G20 summit that facing the impact of the international financial crisis, China will continue to stick to its opening-up and reform policy, and unswervingly adopt the mutually-beneficial and win-win strategy. China will not turn to protectionism just because it is encountering some temporary difficulties during the process of economic development, he said. What the world needs now, Chen said, is to adopt economic stimulus plans to jointly overcome the difficulties and to recover economies. At this critical time, people must be especially cautious about protectionism, preventing it from sabotaging all the efforts that the world has done so far, he said. "China will act responsibly, seriously implement the agreements reached at the G20 summit, in efforts to push forward the world economy, as well promote the development of international trade," Chen said. He proposed that the international community jointly maintain a fair and open international trade environment, protect the authority and seriousness of multilateral trade regulations, actively push forward the Doha round talks, and jointly resist protectionism. Chen noted that despite all the anti-protectionism claims by many countries, protectionist measures are in fact making inroads since the outbreak of the financial crisis. China supports the G20 agreement to extend the ban on protectionism until the end of 2010, however, it remains difficult to define protectionism and unreasonable trade restriction measures, Chen said. All measures not allowed by the WTO are considered protectionist, and therefore should not be allowed to be implemented, he said. Chen also raised concerns over the possible misuse of some measures permitted by the WTO, such as trade subsidy, and urged restraint. The WTO members should try not to use, or use with discretion protectionist policies, so as to create a sound climate for promoting free trade, he said. Currently, the WTO has established a monitoring mechanism, with periodical reports on its members' actions, a move conducive to curbing protectionism, Chen said. Protectionism is on the rise since the crisis, but it still falls short of being rampant, which indicates the global multilateral trade rules remain effective to some extent, he said. China supports the establishment of such a WTO supervision mechanism, he said. China has firmly reiterated its opposition to protectionism, Chen said, noting that China's measures taken since the crisis are considered positive by both WTO Director General Pascal Lamy and EU Trade Commissioner Catherine Ashton. China's economic stimulus measures complied with the WTO rules, he said. Chen also said the Doha round trade talks are of great significance in promoting the development of the multilateral trade system and a successful deal would strongly promote global economic growth. History over the past century has proved that trade grows faster than economy, and it is trade that pushes forward economic growth, he said. Chen urged flexibility by major countries to push forward the Doha negotiations. "With joint efforts by various parties, we remain optimistic about the outcome of the Doha round talks," he said.
BEIJING, April 12 (Xinhua) -- China Pacific Insurance, one of the country's largest insurers, announced Saturday that its net profit dropped 80.6 percent to 1.339 billion yuan (196 million U.S. dollars) in 2008. The Shanghai-based insurer attributed the profit decrease to the sluggish stock market performance and the large amount of insurance indemnity after several natural disasters last year. However, the premium income of the company rose 26.6 percent to94.02 billion yuan, said the firm in its 2008 annual report. Its life insurance premium income increased 30.4 percent to 66.09 billion yuan last year, ranking the third in the domestic market. Its property insurance premium rose 18.7 percent to 27.88 billion yuan, making it the second largest among its peers.
BEIJING, Feb. 26 (Xinhua) -- Chinese authorities launched a website to handle public complaints regarding irregular practices during the selection and appointment of Party and government officials. The public is encouraged to log on to the website (www.12380.gov.cn), launched by the Organization Department of the Communist Party of China (CPC) Central Committee, to report offences. The site aims to improve public supervision and to ensure prompt detection and correction of offences involving official selection and appointment, the Organization Department said Thursday in a statement. Complaints could be filed in anonymity, but real names were preferred, said the website. It requires informants to report problems truthfully and warns that fabrication and false charges could lead to legal punishment. The website also said it mainly handles complaints about officials above the county level. To prevent malicious or repetitious reporting and junk mail, informants can only submit a maximum of five complaints from one computer in a single day. The Organization Department had already set up a report center for offences in official selection and appointment. In 2004, it opened an informant's hotline (12380).
BEIJING, Feb. 4 (Xinhua) -- The Office of State Flood Control and Drought Relief Headquarters launched an orange alert on Wednesday, urging local authority to be fully aware of the grim situation and give drought-relief work top priority. The unprecedented drought which started last November, has affected 146 million mu (9.73 million hectares) of crops nationwide by February 4, among which 42.19 million mu are severely affected, according to the latest figure released by the headquarter office. About 139 million of wheat land in the eight wheat-producing provinces were threatened, comprising 46 percent of the total wheat croplands in the areas. People irrigate the wheat field at Xindian Village in Luoyang, a city in central China's Henan Province, Jan. 4, 2009. Drought has hit most of Henan Province, one of China's key wheat producing regions, due to lack of rainfall since last October.Some 3.98 million people and 1.95 million livestock are short of drinking water. The headquarter office asked local governments to be accountable for relief work and make every effort to expand irrigation areas. The local authority should enact integrated plans on water distribution to minimize the risk of the drought, according to an emergency notice by the headquarter office. Four more working teams were sent to the drought-hit areas on Monday to supervise the relief work. The Ministry of Finance is expected to arrange more funds, after the previous 100 million yuan (14.6 million U.S. dollars) to support the relief effort.