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BEIJING, Feb. 26 (Xinhua) -- The Standing Committee of the National People's Congress (NPC), China's top legislature, concluded its three-day session Friday, after approving the National Defense Mobilization Law and an amendment to the Copyright Law.President Hu Jintao signed decrees to publish the new Law and the amendment to the Copyright Law, which will take effect on July 1 and April 1 respectively.The concluding meeting was presided over by Wu Bangguo, chairman of the NPC Standing Committee.The National Defense Mobilization Law "is significant for enhancing the country's national defense building, strengthening mobilization ability for national defense, as well as for safeguarding national security and ensuring economic and social development," Wu said.The top legislator warned of the "pressing task" of ensuring food safety, and called for improving the country's food safety supervision network.Final preparations were made during the bimonthly session for the upcoming 11th NPC annual session.The session was a very important meeting for expressing ideas about how the country could further develop, Wu said.He urged all the NPC Standing Committee members to listen to the opinions of NPC deputies who would attend the annual session, and fully respect their democratic rights.The Standing Committee approved the draft agenda of the upcoming annual session and a work report by the 11th NPC Standing Committee which is to be delivered by Wu at the session.The top legislature Friday appointed Wu Shuangzhan, Peng Xiaofeng, Liu Yongzhi, Liu Zhenwu, Ge Zhenfeng, and Fu Tinggui as vice chairpersons of six special committees under the NPC respectively.The Credentials Committee of the NPC Standing Committee examined the qualification of deputies to the 11th NPC. The total number now stands at 2,981, Wu said.The standing committee confirmed Friday the qualification of five senior officials including Sun Zhengcai, Wang Rulin, Sun Chunlan, Padma Choling, and Luo Huining as newly-elected deputies to the 11th NPC.They were elected in Jilin and Fujian provinces, Tibet Autonomous Region, and Qinghai Province.Members of the NPC Standing Committee also agreed to expel Chen Shi, former county head in Wuchuan county in southwest China's Guizhou Province, from the national legislature for his suspected violations of law and discipline.The top legislature also ratified a bilateral consular agreement with the Philippines.Wu Bangguo also presided over a special lecture Friday afternoon to help members of the NPC Standing Committee better understand the importance of technology innovation in supporting the country's sustainable development.
XI'AN, Feb. 6 (Xinhua) -- A high-speed railway linking central China city Zhengzhou and northwestern city Xi'an, went into operation Saturday.The 505-km Zhengzhou-Xi'an high-speed railway, the first of its kind in central and western China, cut the travel time between the two cities from former more than six hours to less than two hours, said local railway authorities Saturday.The first train left Xi'an, capital of Shaanxi Province, at 10:50 a.m. and arrived at Zhengzhou, capital of Henan Province, at 1:15 p.m., said Long Jing, head of the Xi'an Railway Bureau. With a speed of 350 kilometers per hour, the high-speed Electric Multiple Unit (EMU) train coded G2004 is about to leave Xi'an for Zhengzhou in Xi'an Railway Station, northwest China's Shaanxi Province, on Feb. 6, 2010.The train traveled at 350 kilometers per hour, said Long. A total of 14 trains would be traveling between Zhengzhou and Xi'an everyday, said Long.The first train from Zhengzhou to Xi'an departed from Zhengzhou at 11:25 a.m. and arrived at Xi'an at 2:01 p.m., said Niu Jianfeng, spokesman of the Zhengzhou Railway Bureau.The Zhengzhou-Xi'an high-speed railway, included in the country's "Mid- and long-term railway network plan", has been built since Sept. 25, 2005, with a total investment of about 35.31 billion yuan (5.17 billion U.S. dollars), said Niu. With a speed of 350 kilometers per hour, a high-speed Electric Multiple Unit (EMU) train is on test operation en route from Xi'an to Zhengzhou, in Tongguan, northwest China's Shaanxi Province, on Feb. 4, 2010."The Zhengzhou-Xi'an high-speed railway will meet the growing demand of of passenger and cargo transportation in central and western China, and help promote local development," said Wang Yongping, spokesman of the Ministry of Railways.Henan is one of the major grain producers of China and an emerging economic and industrial powerhouse. This most populous province in China is also a major tourist attraction with a great number of sites of historical and cultural interests. Shaanxi boasts rich cultural resources and is endowed with rich natural resources such as coal, petroluem, and natural gas.The country's total railway coverage will be more than 110,000 kilometers by 2012 and 120,000 kilometers by 2020, according to the "Mid- and long-term railway network plan"."By 2012, it will take less than eight hours to travel by train from Beijing to most provincial capitals in China," said Long.
BEIJING, March 24 (Xinhua)-- China's Ministry of Finance (MOF) announced Wednesday it would issue a batch of ten-year book-entry treasury bonds with a total par value of 26 billion yuan (3.8 billion U.S. dollars) starting on Thursday.The batch is the 7th of its kind the MOF has issued this year. The issue of this batch of T-bonds ends on March 29, according to a statement on the MOF's official website.The bonds would be traded on the interbank bond market and securities bond market from March 31.The bonds have a fixed annual interest rate of 3.36 percent, with the interests to be paid every half year, on March 25 and Sept. 25, respectively, according to the statement.The last interest payments and principals would be paid back together on March 25, 2020, statement said. Book-entry bonds are the bonds recorded in the investors' securities accounts called book entries. They can be traded on the open market, and their market prices can deviate from par value.
BEIJING, March 1 (Xinhua) -- A senior leader of the Communist Party of China (CPC) on Monday called on film industry workers to accelerate its development with innovation and new and high technologies.Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the call in an instruction for a video conference on the film industry.Li said the film sector had been thriving and the competitiveness of homegrown films had been enhanced in recent years.He called for high quality films that sold in cinemas to increase the influence of Chinese culture.State Councilor Liu Yandong, who chaired Monday's meeting, stressed non-public film companies should be supported and governments at all levels should facilitate the development of the industry.
BEIJING, Feb. 10 (Xinhua) -- Chinese President Hu Jintao on Wednesday urged the role of non-communist parties and personages in helping achieve the national goal for social and economic development in the new year."We must rely on all Chinese people, including various democratic parties, societies, ethnic groups and people from all walks of life and in different stratums to achieve this year's goal for economic and social development," said Hu at a symposium here Wednesday to mark the Spring Festival, or Chinese Lunar New Year, which falls on Feb. 14 this year.At the event, Hu extended New Year's greetings and best wishes to all people from the non-communists parties and the All-China Federation of Industry and Commerce and those without party affiliations.Chinese President Hu Jintao (3rd R), who is also General Secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission (CMC), speaks during a meeting with representatives of non-communist parties ahead of the Spring Festival in Beijing, capital of China, Feb. 10, 2010Hu expressed appreciation for their hard work last year as they offered valuable suggestions for coping with the financial crisis and maintaining stable and relatively fast economic growth, urging them to continue giving such suggestions.Non-communist parties' leaders at the gathering gave opinions on various issues including the transformation of the economic growth mode, expansion of private investment, development of ethnic regions, compulsory education in rural areas and economic and cultural exchanges between the mainland and Taiwan, among others.The meeting was chaired by Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference.