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BEIJING, Feb. 9 (Xinhua) -- The Communist Party of China (CPC) Central Committee on Monday evening hosted a gala to mark the traditional Lantern Festival. Top leaders including President Hu Jintao and representatives from Beijing's intellectual circle attended the event. Prior to the gala's opening, Li Changchun, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, addressed the participants on behalf of the CPC Central Committee. General Secretary of the Central Committee of the Communist Party of China (CPC) Hu Jintao (C) talks with delegates from the intelligentsia during a get-together marking the traditional Lantern Festival at the Great Hall of the People in Beijing, capital of China, Feb. 9, 2009. The CPC Central Committee hosted a get-together here on Monday to mark the Lantern Festival He said the year 2008 was very extraordinary, during which the CPC Central Committee with Hu as the General Secretary led the Party and the nation to win the victory in combating unusual natural disasters, to successfully host the Olympics and Paralympics, and complete the mission of flying the Shenzhou VII manned spacecraft. The year 2009 marks the 60th anniversary of the founding of new China, and it is also a pivotal year to face big international and domestic challenges and realize new development in promoting the Party and the country's causes, he said. The official urged the intellectual circle to shoulder the historic mission and continue to contribute wisdom and strength to the country's reform and opening-up drive and the socialist modernization. Other leaders attending the gathering included Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Keqiang, He Guoqiang and Zhou Yongkang. The Lantern Festival, which falls on the 15th day of the Chinese Lunar New Year, is an occasion for family reunion. It marks the formal end of lunar New Year festivities.
BEIJING, March 9 (Xinhua) -- Chinese President Hu Jintao called for the building of a Great Wall of stability in Tibet here on Monday, prior to the 50th anniversary of the foiling of an armed rebellion led by the ** Lama's supporters. Hu stressed the necessity to promote development and stability in Tibet when joining a panel discussion with deputies of the National People's Congress (NPC) from the Tibet Autonomous Region. Chinese President Hu Jintao (2nd R) joins a panel discussion with deputies to the Second Session of the 11th National People's Congress (NPC) from southwest China's Tibet Autonomous Region, in Beijing, capital of China, March 9, 2009"We must reinforce the solid Great Wall for combating separatism and safeguarding national unity, so that Tibet, now basically stable, will enjoy lasting peace and stability," said Hu. He urged Tibet authorities to implement the central government's policies on Tibet, focus on development and stability issues, attain an economic great-leap-forward, safeguard "national security" and "social stability", and keep improving people's living standard, in order for them to make new progress in the building of "a unified, democratic, prosperous and harmonious socialistic new Tibet." In pursuing economic development, Hu said, Tibet must stick to the development road with Chinese characteristics and Tibetan features so as to strengthen the material foundation for the building of socialistic new Tibet. The President urges Tibet to vigorously advance the program of building "socialist new villages," develop industries with distinguished features" and strengthen ecological and environmental protection. Hu expressed the hope that Tibet should embark on more projects that will directly result in the improvement of people's life and working conditions, particularly those of farmers and herdsmen. The government must also give priority to addressing people's immediate needs, so that people of all ethnic groups in Tibet will be able to share the fruit of development, he said. READY TO HANDLE INCIDENT Hu's remarks came ahead of several sensitive dates in Tibet. Tibet will mark the 50th anniversary of the abolishment of slavery and the theocratic regime of the ** Lama on March 28. On March 10, 1959, in an attempt to preserve the old serfdom, the nobles and slave owners staged an armed rebellion, which was foiled by the central government of China. The riot changed everything in Tibet. The Communists soon decided that democratic reform should be carried out immediately to demolish the entire old system led by the ** Lama. The Preparatory Committee of Tibet Autonomous Region replaced the Gaxag government and set out to lead the reform. From 1959 to until 1966, 1 million slaves were granted land, houses and their freedom. The ** Lama, who fled to India, has maintained a government-in-exile since 1959, and China has charged that this group was behind the riot in Lhasa on March 14 last year and other Tibetan areas of China. Earlier on Sunday, Legqog, chairman of the Standing Committee of the Tibet Autonomous Region People's Congress, said the ** clique has increased its secessionist and sabotage activities in Tibet this year. "They made attempts to make trouble through collusion with those inside or even sending in their people," he said. "Although Tibet is currently very stable, our troops are ready to handle any infiltration and sabotage activities by the ** Lama clique and other hostile forces," Kang Jinzhong, political commissar of armed police corps in Tibet, told Xinhua Monday. "All the armed police forces across Tibet are on routine duty. The armed police force has the ability to handle any emergencies an any time," he said. Tibetan people are "very simple and kind" and their heart stood with the Party, according to Kang, who has been working in Tibet for more than three year. "If there were really disturbance, it must be caused by a few people instigated under the disguise of religious cause," he said, adding up to now armed police in Tibet had not found any "abnormal situation." Kang said some hostile forces or "a handful of people" might be making preparations for making trouble, but their conspiracy would not succeed. Some overseas media have reported that conflict might arise at any time in Tibet, but Kang said that was "purely talking nonsense." "I am completely relaxed. To be frankly, if Tibet were in a tense situation, I would not have come here for the parliamentary session or talk to you," he told Xinhua, adding, "I'm confident so I'm here for the session." Kang said Tibet did not experience any instability after the March 14 riot in Lhasa. The riot, occurring in Lhasa during last year's parliamentary session, caused 18 deaths and huge economic losses. BORDER CONTROL TIGHTENED In the riot last year, innocent civilians suffered the most. Tibetan businessman Losang still keeps photos of the damage to his souvenir store near Lhasa's Jokhang Temple. "They broke the glass and took away some of my most valuable items." Losang feels easier seeing police and soldiers of the People's Liberation Army patrolling Lhasa's streets. "Tightened security is a good thing for business people and all residents." "Who cares what other people think of the tightened security in Lhasa?" said a Tibetan woman who was taking her preschool daughter for a walk in a park near the Potala Palace. "It's always easy to point a finger at others, but we are the ones who actually went through the tragic experience last year," she said. "If not for the police and PLA, I wouldn't have dared to take my daughter out to the streets now." Expecting possible sabotage activities by the ** Lama clique, a senior police officer said here Monday that border control has been tightened in Tibet. "We have made due deployment and tightened controls at border ports, and key areas and passages along the border in Tibet," Fu Hongyu, Political Commissar of the Ministry of Public Security Border Control Department. "We will firmly crackdown on criminal activities in Tibet's border area that pose a threat to China's sovereignty and government," said Fu, a deputy to the NPC session. "We will go all out to maintain the security and stability of border and coastal areas," said Fu. Tibet, a plateau region in China, has a lengthy border with Myanmar, India, Bhutan and Nepal.
BEIJING, Feb. 26 (Xinhua) -- Chinese share prices registered a dramatic 3.87 percent drop Thursday as investor confidence collapsed ahead of the wary market performance and caused panic selling, analysts said. The decline on overseas markets also had a negative effect. The benchmark Shanghai Composite Index, which covers both A and B shares, opened higher after the government announced stimulus plans, but dipped 85.05 points, or 3.87 percent, to 2,121.52 points in the afternoon session. The Shenzhen Component Index on the smaller Shenzhen bourse dropped to 7,777.90 points, down 463.76 points, or 5.63 percent. Total turnover was 198.52 billion yuan (29.07 billion U.S. dollars), down from 209.05 billion yuan on Wednesday. Losers led gainers by 841 to 34 in Shanghai and 719 to 36 in Shenzhen. The weak performance of both the Wall Street and Hong Kong shares had cast a shadow over the mainland market, said analysts. The financial sector, which led a market rebound Wednesday, failed to support the market in afternoon trading as it dipped 4.76 percent. Shenzhen Development Bank, which almost fell by the 10-percent daily limit, ended up with an 8.91 percent drop to 13.8 yuan. China Merchants Bank, which rose by 9.57 percent Wednesday, slipped4.36 percent to 14.27 yuan. Machinery, automobiles, media and semiconductor sectors led the retreat, dropping 7.88 percent, 7.54 percent, 7.68 percent and 7.79 percent, respectively. Non-ferrous metals also fell by 7.54 percent though the government announced a stimulus package for the industry Wednesday. Chenzhou Mining, Corun New Energy, Tibet Mining, Advanced Technology and Materials, Western Metal Material, Sichuan Hongda and Xiamen Tungsten fell by the 10-percent daily limit. Yongan Forestry bucked the trend, rising by the 10-percent daily limit. The forestry sector managed to close at no more than a 2 percent decline, as domestic media reported a government stimulus plan for forestry was under discussion. China Eastern Airlines, one of the country's top three airlines, announced Thursday that its shareholders had passed a share placement plan which intended to raise 7 billion yuan from its parent company, China Eastern Group. The company will issue 1.44 billion Shanghai-listed A shares at a price of 3.87 yuan per share, as well as 1.44 billion Hong Kong-listed H shares at 1.00 yuan each, according to the announcement. The fund would reduce the company's asset liability ratio and improve its financial situation, said the company. China Eastern Airlines shares were suspended Thursday. Hong Kong shares dipped 0.85 percent to 12,894.94 points Thursday, while U.S. stocks fell Wednesday. The Dow Jones industrial average was down 80.05 points, or 1.09 percent, at 7,270.89. The Standard & Poor's 500 Index dropped 8.24 points, or 1.07 percent, to 764.90. The Nasdaq Composite Index dropped 16.40 points, or 1.14 percent, to 1,425.43.
HONG KONG, March 14 (Xinhua) -- China may get a more level playing field in terms of self-positioning when dealing with the United States amid the economic downturn, but Chinese leaders should beware of the potential traps behind U.S. flattering, scholars and senior editors said Friday. Speaking at a Financial Times forum on Sino-U.S. relations in Hong Kong, the scholars said they expected the bilateral relationship to remain generally healthy in years ahead as both sides want stability and were pragmatic. China is currently preoccupied with tackling the challenges facing itself, such as the need to further restructure the economy, finding an alternative development model to the export-driven growth of the past decades, and even the pressure of social instability. The decisions made by Chinese leaders in dealing with the current crisis "will set the way for the long-term reinvention of the Chinese economy," said Jonathan Fenby, author of A History of Modern China published by Penguin. China will emerge stronger if it can deal with the issues rightly, he said. Lifen Zhang, editor-in-chief of FTChinese.com, said China does not have the strength to be the economic savior amid the current crisis and should handle self-positioning carefully when dealing with the United States. "There is a lot of flattering going on at the moment, but be careful. What do the Americans really want?" he said, adding that a number of scholars have recently written on the topic. On the top of the U.S. agenda was currently the need to restore confidence and integrity in the world's most developed economic system, which calls for cooperation from China, the world's fastest growing developing economy, said Simon Schama, professor of history at the University of Columbia. But Schama said China should bear in mind that the next election in the United States will be in 2010 and avoid overplaying the leverage in its hand. "What the Chinese government ought to be aware of is not so to overplay in its hands this leverage as to encourage a .. backlash" as the conservatives may seize certain popular issues, including trying to present an image of the Obama administration as being too soft, he said.
MOSCOW, March 22 (Xinhua) -- Top think tanks from Russia and China discussed a wide range of security issues of common concern at a two-day seminar that ended here Sunday. participants at the seminar exchanged ideas on world economic and political trend, the situation in Central Asia, and prospects for the Shanghai Cooperation Organization (SCO) under the global security framework. The seminar, "Russia and China in a new era," was co-chaired by China Institute for International Strategic Studies (CIISS) and Russian Council for Foreign and Defense Policy (CFDP). Xiong Guangkai, chairman of the CIISS, and Sergei Karaganov, head of the CFDP, attended the meeting. Participants in the meeting agreed that the current world is ata stage of profound change and major readjustment. The ongoing financial crisis has led to greater instability in global and regional situation. Yet, the world will continue to move towards multi-polarization despite emerging complexities in global situation. Both sides believed that safeguarding security and stability in Central Asia serves the common strategic interests of China and Russia, and is also a necessity for deepening the two countries' strategic cooperation. They also agreed the SCO, as a new organization of regional security cooperation, not only accords with fundamental interests of all the SCO members, but also contributes to regional and global peace and security. China and Russia shall strengthen understanding, trust and cooperation to ensure the sound development of the SCO. As a national, nongovernmental institute on global issues, the CIISS keeps in touch with about 100 institutions from over 50 countries and regions across the world. The CFDP is Russia's famed think tank closely associated with several departments of Russian government and legislature.