URUMQI, July 22 (Xinhua) -- A key expressway in northwest China's Xinjiang Uygur Autonomous Region began construction on Wednesday in a move to improve the region's road network and serve its economic development. The 135-km expressway will link Kuytun City to Karamay City. The project, funded by the central government and Xinjiang regional government, will cost 3.87 billion yuan (about 567 million U.S. dollars). The road is bidirectional with four lanes. It will be completed and put into use in November 2011. Dai Gongxing, vice chairman of the Xinjiang regional government, said at the groundbreaking ceremony in Kuytun that the expressway, also part of the national expressway network, would improve the regional transport and promote local economic development.
BUDAPEST, Oct. 17 (Xinhua) -- China wants to achieve balanced trade with Hungary by way of increased economic and trade cooperation, visiting Chinese Vice President Xi Jinping said here Friday. At a symposium with Hungarian and Chinese entrepreneurs, Xi said the two countries should further expand trade and find more complementary products for export. "We will continue to encourage our enterprises to import more from Hungary, and also hope Hungarian companies will make greater efforts to explore the Chinese market and increase exports of those products that meet market demand in China," Xi said. Visiting Chinese Vice President Xi Jinping(L) meets with Hungarian Prime Minister Gordon Bajnai(R) in Budapest, capital of Hungary, Oct. 16, 2009 Xi also called on enterprises of the two countries to enhance cooperation in such areas as new energy, insurance, tourism and environmental protection. He said the two sides should give full play to the role of the joint economic committee as a platform for consultation and properly handle trade disputes that may arise, so as to ensure smooth development of bilateral economic and trade cooperation. Hungary is a good friend and partner of China, and China is ready to work with the East European country to strengthen their communication and cooperation and push forward bilateral trade and economic ties and the China-EU comprehensive strategic partnership, he said. Hungarian Prime Minister Gordon Bajnai said bilateral trade and economic cooperation had expanded rapidly and Xi's attendance at the symposium demonstrated the importance China attaches to its trade relations with Hungary. He said China plays an important role in the global economy and Hungary welcomes Chinese enterprises to seek business and invest in the country. More than 200 business people and officials from the two countries attended the symposium.
BEIJING, Sept. 17 (Xinhua) -- The recent U.S. comments that China poses a military threat to itself is "totally groundless and irresponsible", Spokesman with China's Ministry of National Defense Hu Changming said Thursday. "China's military development is always a positive factor for both regional and global peace and stability," Hu said in a statement. The country has always pursued a national defense policy that is defensive in nature and unswervingly follows a road of peaceful development, he said. The 2009 National Intelligence Strategy document released by the United States listed China as a challenger of the U.S. interests and described China as "very aggressive in the cyberworld." A senior U.S. defense official also said on Wednesday that China's "investments in cyber and anti-satellite warfare, anti-air and anti-ship weaponry, and ballistic missiles could threaten America's primary way to project power and help allies in the Pacific -- in particular our forward air bases and carrier strike groups." "We demand the U.S. side to respect the fact, take measures to correct the wrong comments and stop doing things that undermine the military relations between the two countries," he said.
BEIJING, Aug. 17 -- Just on Saturday night, police in South China's Guangdong province caught 1,162 drink drivers and 78 drunk drivers. Each was punished and all the drunk drivers were taken into custody. Similar checks and arrests were also made in other cities over the weekend. Saturday was the first day of a two-month-long nationwide campaign launched by the Ministry of Public Security to crack down on drink and drunk driving, after several recent cases in Nanjing, Hangzhou, Chengdu and Shanghai triggered huge media attention and public indignation. Although many feel that more innocent lives could have been saved if the crackdown had been initiated earlier, they still pin high hopes on this crusade to wipe out the rampant drink and drunk driving and other reckless driving on our roads. A policeman tests a taxi driver to determine whether he is driving under the influence of alcohol on Saturday evening in Huaibei, Anhui provinceIn the first half of this year, 222,000 people on the Chinese mainland were found driving under influence (DUI), up 8.7 percent over the same period last year. In Beijing, DUI was responsible for the loss of 97 lives in accidents during the first six months. Our roads have simply become the most dangerous in the world. With three percent of the total vehicles in the world, the country accounts for 16 percent of the global traffic deaths. So the announcement by the Ministry of Public Security last Friday to mete out the toughest punishment to violators is a move in the right direction. It is a move to protect the lives of other people as well as of the drink and drunk drivers themselves. Of course, this is not the first time that the police force has decided to strike out against DUI. Three campaigns were already held earlier this year. Yet the fact that this phenomenon is still so widespread on our roads shows the need for better strategies. First, our laws should be made tougher to show zero tolerance to such murderous driving. Many countries, such as the United States, Sweden and Singapore, have stricter punishment for DUI. Second, police officers should enforce the law at all times and in all places, leaving no gaps of which violators can take advantage. Crackdown on DUI is not something that should be carried out for only two months or for the 60th National Day. It should stay as long as there's dangerous driving on our roads. Third, while laws and punishments are necessary, we should start educating our population about the threat of DUI on others' lives. While drivers should restrain themselves, our drinking culture, which often means endless rounds of bottoms-up, needs to be checked. Each year traffic accidents take away more lives in China than any other mishap. An all-out war on drink and drunk driving and other forms of rash driving should definitely be a national priority.
BEIJING, July 31 (Xinhua) -- Chinese Vice Foreign Minister Zhang Zhijun summoned Australian Ambassador to China Geoff Raby and lodged a solemn representation to the Australian side on its allowing Rebiya Kadeer, leader of the separatist World Uygur Congress (WUC), to visit Australia.Zhang expressed China's strong dissatisfaction and firm opposition to the Australian side on its allowing the visit, a press release of the Foreign Ministry said. Zhang demanded it immediately correct its wrong doings and do not allow Kadeer to visit Australia and engage in anti-China separatist activities in the territory of Australia, the ministry said. The WUC led by Kadeer is believed to have masterminded the July 5 Xinjiang riots that left at least 197 people dead and 1,600 others injured
BEIJING, Oct. 14 (Xinhua) -- China on Wednesday proposed closer cooperation among members of a regional security group to tackle the world economic recession. "Confronted with the global financial crisis and aiming at a steady economic growth, member states of Shanghai Cooperation Organization (SCO) should work together and seek mutual benefit," Chinese Vice Premier Li Keqiang told a SCO business forum in Beijing. The SCO was founded in 2001 to enhance security cooperation among its six member states, namely, China, Russia, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan. Mongolia, India, Iran and Pakistan are observers to the regional group. Chinese Vice Premier Li Keqiang attends a business forum of Shanghai Cooperation Organization (SCO) in Beijing, capital of China, Oct. 14, 2009 "Despite the world financial crisis, the trade volume between China and some SCO member states has been growing over the past year," Li said. "The crisis didn't shake up the foundation for SCO states' cooperation. Instead, it offered more opportunities for them to work together," Li said, citing the fact that SCO members are complementary in economies and have an increasingly-connected market. Although the total population and territories of SCO member states amounted to a quarter and one fifth of the world's total, their overall economic scale and trade volume made up only the world's 11 percent or 10 percent respectively, Li said. "Thus, there is a huge potential for SCO member states to expand economic and technology cooperation," Li said. He called for SCO member states to carry out the joint actions to deal with the global slump and accelerate the process of trade and investment liberalization. He proposed promoting the projects that involved and benefited multiple parties, building infrastructure networks of transportation, communications and energy. It was necessary to step up cooperation in modern agriculture, emerging industries, high-tech and social welfare so as to benefit the people, Li said. He vowed that China will unswervingly pursue the path of peaceful development, take a more active part in SCO affairs, fully participate in regional economic and regional cooperation in a bid to work for the welfare of 1.5 billion people within the SCO member states. The business forum was an important event under the framework of the eighth SCO prime ministers' meeting, which took place on Wednesday.
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BEIJING, Aug. 20 (Xinhua) -- Industrial and Commercial Bank of China (ICBC), the world's biggest lender by market value, posted a profit after tax of 66.7 billion yuan (9.77 billion U.S. dollars) in the first half of this year, up 2.8 percent over the same period last year. The increase was mainly attributed to gains on incomes from the bank's intermediate business, including investment banking business and fund dealing commission, which grew 17 percent from ayear earlier to stand at 28.3 billion yuan, according to the bank's half-year report released Thursday. Outstanding loans amounted to 5.44 trillion yuan by the end of June, jumping 18.9 percent from the beginning of this year in response to the country's economic stimulus plan. The non-performing rate was 1.81 percent by June, 0.48 percentage points lower than at the beginning of 2009, as outstanding bad loans decreased 5.8 billion yuan after the bank intensified risks control. At the end of June 2009, the bank's deposits increased 1.69 trillion yuan from the beginning of the year, leaving its outstanding deposits exceeding 10 trillion yuan. The total assets of ICBC stood at 11.4 trillion yuan by the end of June, up 17.2 percent from the end of last year. Earnings per share for the bank amounted to 0.2 yuan and the bank's stock advanced 3.26 percent to end at 4.75 yuan in Shanghai Stock Exchange Thursday. ICBC was simultaneously listed in Shanghai and Hong Kong in October 2006.
BEIJING, Sept. 28 (Xinhua) -- China and the Democratic People's Republic of Korea (DPRK) held a reception in Beijing Monday to celebrate the 60th anniversary of the establishment of diplomatic ties. Addressing the event, Chen Haosu, president of the Chinese People's Association for Friendship with Foreign Countries (CPAFFC), a major non-governmental organization, said, "The friendship between the two countries had endured the test of time and changes in the world." A reception is held to celebrate the 60th anniversary of the establishment of diplomatic relations between China and the Democratic People's Republic of Korea (DPRK), in Beijing, capital of China, Sept. 28, 2009 The traditional friendship built and nurtured by leaders of former generations of both countries had been consolidated and pushed forward over the 60 years, he said. This year also marks the Year of China-DPRK Friendship, a year-long exchange program, which injected new vitality to the friendship, he said. Li Jinhua, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, and Chen Haosu (C), president of the Chinese People's Association for Friendship with Foreign Countries, toast with guests at the reception to celebrate the 60th anniversary of the establishment of diplomatic relations between China and the Democratic People's Republic of Korea (DPRK), in Beijing, capital of China, Sept. 28, 2009DPRK ambassador to China Choe Jin Su said it was a consistent policy of the government of the DPRK to consolidate and develop friendship with China. "We will take the 60th anniversary and the Year of DPRK-China Friendship as a new starting point, and are ready to make concerted efforts with China to expand friendly cooperative ties," he said. About a hundred delegates from various circles of the two countries, including Li Jinhua, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, attended the reception.
BEIJING, Aug. 17 (Xinhua) -- China's top legislator Wu Bangguo met here Monday with Speaker Luka Bebic of the Croatian Assembly, vowing to facilitate closer parliamentary exchanges and cooperation between both countries. "China highly values its relations with Crotia, and regards the country as a reliable good friend and partner in southeast Europe," Wu told Bebic in Beijing. He vowed joint efforts with the country to cement bilateral exchanges in all fields to build better future for both sides. Wu, chairman of the Standing Committee of the National People's Congress (NPC), hailed the progress of bilateral ties since the forging of diplomatic ties 17 years ago, citing frequent high-level visits, remarkable trade cooperation and increasing exchanges in cultural, technological and educational areas. Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress, China's top legislature, meets with Croatian Parliament Speaker Luka Bebic in Beijing, capital of China, Aug. 17, 2009. "The parliamentary cooperation between both sides had contributed to the development of an all-round cooperative partnership," Wu said, adding the Chinese NPC is ready to deepen exchanges between special committees and working groups of the two parliaments. In response, Bebic told Wu the Croatian Assembly would like to cooperate closely with the Chinese NPC for greater progress of bilateral all-round cooperative partnership. He expected closer cooperation with China in the areas of trade, tourism and infrastructure construction. Calling China a great friend of Croatia, Bebic said his country believed China had made great contribution to world peace and development by dealing with the global economic downturn in an active way, and maintaining relatively fast economic growth. At Wu's invitation, Bebic arrived in Beijing on Sunday for a week-long tour to China.