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BEIJING, Dec. 27 (Xinhua) -- "Our confidence to face the global financial crisis should rely on science, knowledge and talented people," Chinese Premier Wen Jiabao said Saturday. He made the remark during a visit to Beijing-based Zhongguancun Science Park, known as China's Silicon Valley. "I'm here to consult you on how to let science and technology play a good role for us to not only handle the current difficulties but lay a foundation for long-run development," said the premier. Chinese Premier Wen Jiabao takes group photos with UFIDA Software staff during his visit to Beijing-based Zhongguancun Science Park, known as China's Silicon Valley, Dec. 27, 2008. Wen visited a number of high-tech companies and met with scientists and officials, in the company of Beijing's Communist Party chief Liu Qi and Beijing Mayor Guo Jinlong. The government has launched a series of measures to deal with the current global financial crisis. They gave greater importance to the power of knowledge, science and technology which have far-reaching effects, Wen said. "In front of the crisis, everybody should stand up and be brave to take his responsibility," Wen emphasized. He urged scientists to help domestic enterprises resolve difficulties, improve management, develop new products and create new technology. The science park is celebrating the 20th anniversary of its founding this year.
BEIJING, Oct. 18 (Xinhua) -- China Banking Regulatory Commission (CBRC) chairman Liu Mingkang has urged the banking sector to closely watch the impact of the turbulent international financial environment against the domestic financial market and improve capabilities of risk management. Speaking at a recent CBRC meeting focusing on the economic and financial situation in the third quarter, he demanded the country's banking sector learn lessons from the U.S. financial crisis and take measures to raise competitiveness. He outlined several major missions for the country's banking sector: -- implementing macro-economic control policies and making all-out efforts in pushing reform and renovation of the financial system in rural areas. -- continuing to focus on credit risk control and precautions. -- strengthening risk control on overseas investment and actively facing the challenges of turbulence in the international market. -- improving internal management. -- summing up lessons and experience from the global financial crisis and adjusting operating concepts and methods. Liu added the CBRC would enhance its supervision and management on risk and safeguard a stable and healthy development of the country's banking sector
ALGIERS, Nov. 4 (Xinhua) -- Visiting top Chinese legislator Wu Bangguo held talks Wednesday with Abdelaziz Ziari, speaker of the Algerian National Assembly, on issues of common concern and they agreed to boost bilateral relations and cement cooperation between the two parliaments. China and Algeria always handle the bilateral relations from a strategic perspective, said Wu, chairman of the Standing Committee of China's National People's Congress (NPC), highlighting that the relations have endured the test of time since the two countries established diplomatic relations 50 years ago. Wu expressed his appreciation of Algeria's adherence to the one-China policy, noting that China respects the choice Algerian people have made on path to develop their own nation. China feels satisfied with the current bilateral cooperation especially with the two-way collaboration at multilateral occasions on issues of UN reform, human rights and anti-terrorism, he said. Wu offered a four-point proposal to promote China-Algeria relations: firstly, maintain high-level exchange and increase political mutual trust; secondly, expand the substantial cooperation especially in infrastructure, agriculture and energy for mutual benefit; thirdly, intensify the exchange on humanitarian issues to carry out the traditional friendship; and lastly, strengthen coordination with an aim to safeguard the common interests. Ziari, for his part, called Wu's visit to Algeria "a big event "for the bilateral relations and "a symbol" marking a higher level of the inter-parliamentary cooperation. The speaker agreed with Wu's views on the bilateral relations and recalled the fact that China was the first non-Arab country who recognized Algeria's independence and forged the diplomatic relations with it, while expressing his gratitude to China's assistance to Algeria's national development. Wu Bangguo(2nd L, front), chairman of the Standing Committee of China's National People's Congress, and Abdelaziz Ziari (2nd R, front), Speaker of the Algerian National Assembly, sign on a memorandum on the exchange and cooperation between the top legislatures of China and Algeria in Algiers, Algeria, on Nov. 4, 2008.Algeria and China shared a solid foundation to foster ties and Algeria would unswervingly support China's constructive role on world affairs and make joint efforts with China to transfer the political will of developing ties into real actions so as to enrich the bilateral cooperation and enhance the strategic and cooperative ties, Ziari said. On the inter-parliament cooperation, Wu said one of his main purposes of the visit is to further promote the friendly relations between the two parliaments and push forward the cooperation among the various special inter-parliamentary committees and friendly groups. Ziari highlighted the commitment of the Algerian National Assembly to promoting the friendly relations with the NPC, calling on the two sides to boost cooperation so as to inject new vitality into the bilateral cooperation. The two parliament leaders also signed a memorandum on the inter-parliamentary cooperation after the talks. Wu, who is on the first leg of his five-nation Africa tour, also met with Algerian President Abdelaziz Bouteflika in the day. Wu spoke highly of the bilateral relations, saying the ties between the two nations are "in their best time." Wu said the good political relations should work effectively to promote the development of the trade cooperation, pledging that China would make concerted efforts with Algeria to step up cooperation with mutual benefit and give a fully play to the two business communities especially on some big projects which could help push forward the overall development. Wu Bangguo (L, front), chairman of the Standing Committee of China's National People's Congress, meets with Algerian President Abdelaziz Bouteflika in Algiers, Algeria, on Nov. 4, 2008.The Chinese government would encourage Chinese enterprises with good reputation to start their business and invest in Algeria, and it also welcomes Algerian companies to further their investment, Wu told Bouteflika. Echoing Wu's views, Bouteflika said China is a sincere friend of Algeria, noting that the North African country expects to work closely with China and hopes to see more Chinese enterprises to invest in Algeria. Algeria and China should work together on such fields as energy and resource, infrastructure and telecommunication, the president added. The two leaders also called on the concerned parties of the China-Africa Cooperation Forum to strengthen their cooperation to further carry out the agreements inked at the Beijing Summit and focus on the next-phase cooperation at an early date.
BEIJING, Oct. 21 (Xinhua) -- Chinese President Hu Jintao said the country's trade unions should play an active role in promoting coordinated labor relations on Tuesday. Addressing a symposium attended by the newly-elected leaders of the All-China Federation of Trade Unions (ACFTU) and representatives of the 15th national congress of the ACFTU, Hu said trade unions should listen to the employees and voice their opinions. He called on trade unions to earnestly safeguard the legitimate rights and interests of employees and coordinate labor relations to promote social stability. He added that trade unions need reform and should explore new solutions to deal with problems. Chinese President Hu Jintao (2nd R) and Vice President Xi Jinping (1st R) talk with representatives of the 15th national congress of the All China Federation of Trade Unions (ACFTU) in Beijing, capital of China, on Oct. 21, 2008 Hu said the country should give more resources to trade unions to facilitate innovation, in which the working class should be the driving force. ACFTU's president Wang Zhaoguo also attended the meeting. He was elected president during the first session of the 15th ACFTU Executive Committee on Monday. It will be his third tenure. China has the largest number of trade union members in the world, with membership increasing from 123 million in 2003 to 209 million this year. "China's trade unions should unswervingly stick to building trade unions with Chinese characteristics," Vice President Xi Jinping said at the opening ceremony. The congress is held every four years. The previous session convened in Beijing in September 2003, with more than 1,600 deputies present.
SANYA, Hainan Province, Dec. 25 (Xinhua) -- The Chinese Navy's three-ship fleet awaiting sail to waters off Somalia has finished its preparations for the overseas deployment, the fleet commander said Thursday. The commander, Rear-Admiral Du Jingcheng told Xinhua aboard the Navy's DDG-171 Haikou destroyer that all crew members of the fleet had full confidence in their ability to fulfill the escorting mission. The Haikou together with another destroyer, DDG-169 Wuhan, and supply ship Weishanhu from the South Sea Fleet will set sail from a port in China's southmost city of Sanya on Hainan island Friday. The fleet will join in the multi-national patrolling of the Gulf of Aden and waters off the coast of Somalia. Crew members of a navy helicopter prepare for the departure in Sanya, capital of South China's Hainan Province on Dec. 25, 2008. The fleet will carry about 800 crew members, including 70 soldiers form the Navy's special force, and is equipped with ship-borne missiles, cannons and light weapons. "The fleet's warships will primarily safeguard vessels passing through the waters. The fleet's helicopters will be responsible for the fleet's own safety, material delivery as well as rescue tasks," the commander said. "The fleet will protect and escort Chinese ships carrying strategic cargos, such as crude oil," he added. The commander, who serves as chief of staff of the Navy's SouthSea Fleet, said that the upcoming mission may take a long time and may involve unforeseeable challenges. Soldiers of Chinese navy special force carry out an anti pirate drill on the deck of DDG-171 Haikou destroyer in Sanya, capital of South China's Hainan Province, on Dec. 25, 2008. "We have made special preparations to deal with pirates, even though these waters are not familiar to us," he said. The crewmen have made physical and psychological preparations for the mission by intensified training in shooting, maritime tactics and diving, said Lieutenant Commander Xie Zengling, chief of the special force unit, adding that one special force soldier could handle several enemies with bare hands. "We are expected to encounter fire conflicts with pirates in these waters," said the fleet's commander, "but our primary target is not striking them but dispelling them." "If the pirates make direct threats to the warships or the vessels we escort, the fleet will take counter measures," he said. Soldiers of Chinese navy special force rank in an anti pirate drill on the deck of DDG-171 Haikou destroyer in Sanya, capital of South China's Hainan Province, on Dec. 25, 2008. FLEET EQUIPMENTS IN GOOD FORM The escorting mission will also be the maiden operation in real combat conditions for the two destroyers. They are among the Chinese Navy's most sophisticated war vessels and both are designed and manufactured by China. The Weishanhu supply ship started service in 2004, and has participated in the Navy's goodwill visits to south Asia and Europe. "All the ships' equipment has been is in excellent form after various exercises and training," Real-Admiral Du said. Captain Long Juan of the Wuhan destroyer said the high temperature, humidity and salinity in the Gulf of Aden and waters off the coast of Somalia could bring challenges to the equipment and crew members. "To secure the ships' reliability, communication, navigating and power equipment has been provided with backup systems," the captain said. ADEQUATE SUPPLY FOR MONTHS Seamen of the fleet have been seen transporting pure water, beverages and food from the land base to the warships. All material storage was finished by Thursday evening. Captain Xi Feijun of the Weishanhu told Xinhua that his ship had stored fuel, water and food to last several months for the fleet. The ships' mess will provide self-service meals during the entire mission. It will offer dairy products, eggs, vegetables, fruit and other high caloric content food, Captain Long Juan told the Xinhua reporter aboard. The Xinhua reporter also saw libraries, computer rooms and gymnasiums on the ships which have been prepared for the crew members in their leisure time. The fleet will be the first overseas deployment for Chinese maritime forces since the 15th century. Previously, the People's Liberation Army Navy focused on coastline defense and limited operations abroad to goodwill visits and drills with other navies. China's Foreign Ministry officially announced the deployment on Saturday, saying that China will observe UN resolutions and international laws in fulfilling its obligations. Foreign Ministry spokesman Liu Jianchao said 1,265 Chinese commercial vessels had passed through the gulf so far this year and seven of them were attacked. One fishing ship and 18 crew members were still being held by pirates. Xinhua writer Bai Ruixue contributed to the story.