在废墟中得到新生

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BEIJING, March 14 (Xinhua) -- China's parliament, the National People's Congress (NPC), adopted here Sunday the amendment to the Electoral Law, which grants equal representation in legislative bodies to rural and urban people.Lawmakers applauded after NPC Standing Committee Chairman Wu Bangguo announced that the amendment was approved with 2,747 votes from the 2,909 NPC deputies present at the closing meeting.The amendment is regarded as part of China's efforts to narrow the urban-rural gap. It requires "both rural and urban areas adopt the same ratio of deputies to the represented population in elections of people's congress deputies."Wang Zhaoguo, vice chairman of the NPC Standing Committee, said the law provides legal guarantees for elections of deputies to people's congresses, the country's fundamental political system, as well as citizens' right to vote and the right to stand for election.The Third Session of the 11th National People's Congress holds its closing meeting at the Great Hall of the People in Beijing, China, March 14, 2010.After the last amendment in 1995, the law stipulated that each rural deputy represented a population four times that of an urban deputy. Critics said this could be interpreted as "farmers only enjoy a quarter of the suffrage of their urban counterparts."Before the amendment in 1995, the difference was eight times."Such stipulations were absolutely necessary and conformed with China's political system and the particular situation at that time," Wang said.According to the 1953 national census, the urban population made up only about 13 percent. The rural population was much more than that of cities at that time and an equal ratio of rural and urban representation would have meant an excessive number of rural deputies.With rapid urbanization and rural economic development, the proportion of urban population increased to 46.6 percent last year, he said, adding people's congresses at all levels have gone through many terms of elections, accumulating abundant experience."The time is right for equal representation," which is conducive to expand democracy, he said.Wang said the amendment ensures "equal representation among people, regions and ethnic groups."The amendment adds stipulations such as "organizing more face-to-face contacts between candidates and electors to allow deputy candidates to introduce themselves and answer voters' questions."It says the setup of polling stations, convening election congress and the management of mobile polling boxes should be further standardized and improved.It also suggests to set up "confidential polling booths" to root out bribery in elections.Violence, threats, corruption and other acts that disrupts elections should be investigated and punished, it says.The number of deputies to the NPC is limited within 3,000, and the distribution of the NPC deputies is decided by the NPC Standing Committee, according to the law

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, Feb. 22 (Xinhua) -- Senior officials of the Communist Party of China (CPC) on Monday urged Party organs and governments at all levels to prioritize talented individuals as the top resource for social and economic development.It was revealed in a meeting of the Political Bureau of the CPC Central Committee, which was presided over by General Secretary of the CPC Central Committee, Hu Jintao.According to a statement issued by the meeting, members of the Political Bureau deliberated the mid- and long-term plan for national talent development (2010-2020), saying that a more open policy for introducing and cultivating talents should be carried out.The Party should improve its leadership of talent management to cultivate talents, while all provincial-level governments and governmental departments in charge of important industries should also work out corresponding talent development plans, said the statement.During the meeting, members of the Political Bureau also discussed a government work draft report which will be submitted by the State Council to the top legislature's annual session next month.Under the leadership of the CPC Central Committee and with joint efforts by the country's people of all ethnic groups, China made "hard-won" achievements against the backdrop of the global economic downturn and international financial crisis in 2009, the statement said.The State Council and local governments at all levels had performed their duties well and done a lot to overcome the difficulties, it said.The year of 2010 will be vital to continue dealing with the impact of the global downturn and keeping steady economic growth as well as to transform the mode of economic development.The meeting also called for more efforts to fulfill the country's 11th Five-Year Plan (2006-2010), the statement said.

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BEIJING, Jan. 22 (Xinhua) -- China was willing to work with Liberia to expand cooperation and promote bilateral ties, said Chinese Vice Premier Li Keqiang on Friday."We should work together to tap potentials for our cooperation," Li said when meeting with Liberian Minister of Foreign Affairs and Chief Minister of Cabinet Olubanke King Akerele.Hailing the relations between China and Liberia, Li also discussed China-Africa ties with the minister, saying that the Chinese government attached great importance to the solidarity and cooperation with African nations."We will make full coordinations with Liberia and other African nations to fulfill the fruits of the fourth ministerial meeting of the Forum on China-Africa Cooperation (FOCAC)." Chinese Vice Premier Li Keqiang (R) meets with Minister of Forieign Affairs of Liberia Olubanke King Akerele in Beijing, China, on Jan. 22, 2010.At the meeting held in Egypt in November 2009, Chinese Premier Wen Jiabao announced eight new measures to strengthen pragmatic cooperation in the next three years.The eight measures include the fight against climate change, intensification of technical-scientific cooperation, reinforcement of African financial capacities and increased access of African products to the Chinese market."We should take follow-up actions in an orderly way and push forward the new type of China-Africa strategic partnership," Li told the Liberian minister.This would help deepen China-Africa friendship and benefit the African people, he noted.Akerele was here on a visit at the invitation of her counterpart Yang Jiechi. The two ministers had talks earlier Friday.Yang said since China and Liberia resumed diplomatic ties in 2003, the two countries had maintained political mutual trust, fruitful economic cooperation and close cultural exchanges.Yang appreciated Liberia's adherence to the one-China policy and its support for China on the Taiwan and Tibet-related issues."China is ready to make joint efforts with Liberia to maintain high-level exchanges, deepen economic cooperation and expand cultural exchanges, in a bid to achieve greater development of bilateral relations," Yang said.Akerele applauded China's great support and assistance to Liberia, saying her government valued the friendly cooperative ties with China.Liberia welcomed more Chinese business to make investment there, and was willing to expand cooperation with China in various sectors, she said.Liberia would also work with China to strengthen communication and coordination on the international and regional issues, such as climate change and reform of the UN Security Council, she noted.Akerele also spoke highly of China's active and comprehensive fulfillment of the FOCAC fruits, saying that her country would work with China to advance the Liberia-China cooperation and the Africa-China cooperation within the FOCAC framework.Shortly after the end of the Liberian civil war in late 2003, the West African nation reestablish diplomatic ties with China. China joined the peacekeeping mission in Liberia in December 2003 under a resolution of the UN Security Council.

BEIJING, Feb. 3 (Xinhua) -- Chinese economists are again concerned about the value of the country's dollar-denominated assets after the U.S. government's budget plan unveiled Monday forecast a record deficit for 2010.The economists are worried that, if the Congress approved the budget plan, the U.S. federal government will issue more bonds and print more money to finance the deficit, which may prompt dollar depreciation. Dollar depreciation erodes the value of China's holdings of dollar-denominated assets.The same fears took hold almost one year ago when the U.S. government said it would issue up to 2.56 trillion U.S. dollars of treasury bond debt to stimulate the economy to get through the recession.This time the budget deficit is larger. The Obama administration on Monday proposed a budget of 3.83 trillion U.S. dollars for fiscal year 2011 with a forecast deficit of 1.56 trillion U.S. dollars in 2010.The planned fiscal deficit is 10.6 percent of gross domestic product (GDP) - up from a 9.9 percent share in 2009 - the largest deficit as measured against GDP since the second world war.He Maochun, director of the Center for Economic Diplomacy Studies at Tsinghua University, said the deficit would be financed by those holding U.S. dollar-denominated assets with the main channel to transfer the risks caused by the deficit being the issuance of U.S. treasury bonds.The U.S. is already in enormous debt, with Treasury data showing public debt topping 12 trillion U.S. dollars in November last year, the highest ever.To pay for the deficit, the U.S. federal government will borrow 392 billion dollars in the January to March quarter of 2010, according to a Treasury Department statement released Monday. It will then issue 268 billion U.S. dollars of treasury bonds in the second quarter.Experts said the record deficit suggests the federal reserve will continue to flood more money into the market. The massive issuance of treasury bonds, the large fiscal deficit and the printing of the dollar will prompt further declines in the value of dollar, they said.In 2009, the greenback depreciated against major currencies by 8.5 percent, according to China's State Administration of Foreign Exchange (SAFE).China is the biggest foreign holder of the U.S. government debt. As of the end of November last year, China held 789.6 billion U.S. dollars of U.S. treasury bonds. Moreover, more than 60 percent of China's 2.399 trillion U.S. dollar stockpile of foreign exchange reserves - the world's largest - is in dollars.Cao Honghui, director of the Financial Market Research Office of the Chinese Academy of Social Sciences (CASS), a government think tank, said the massive U.S. deficit spending and near-zero interest rates would erode the value of U.S. bonds.The U.S. government should not transfer the problems of enormous debt to other nations or regions that are creditors like China, he added.The SAFE said in a statement in December 2009 that China would diversify its foreign exchange reserve holdings - both currencies and securities - to reduce risk.Liu Yuhui, an economist with the CASS, said late last month China may scale back its purchases of U.S. debt on concern the dollar will decline.China trimmed its holdings of U.S. government debt by 9.3 billion U.S. dollars in November last year - the biggest cut in five months - taking them down to 789.6 billion U.S. dollars.Ding Zhijie, associate dean at the finance school at the University of International Business and Economics, said China had been securing its investment value by using its foreign exchange reserves for imports and acquisition in 2009."More reserves should be used for investment in materials and resources, which can reduce the risk," he said, adding that he expects the purchasing spree to continue this year.The deficit is expected to ease slightly to 1.3 trillion U.S. dollars in 2011, but that still represents 8.3 percent of 2011 GDP.But Ding said it is necessary for the U.S. to keep its powerful fiscal stimulus policy in place, as the economic recovery is fragile and remains uncertain.The U.S. economy shrank 2.4 percent in 2009, but the U.S. government is projecting GDP growth of 2.7 percent in 2010 and an unemployment rate average of 10 percent.Zuo Xiaolei, chief economist at China Galaxy Securities, said the U.S. had no choice but to rely on massive government spending to ensure the economic recovery.The budget deficit will pump money into the economy and generate jobs, which in turn will generate greater tax revenue that can help pay off the debt, Zuo said."But there is still a risk the policy will fail and that debt will grow beyond the government's ability to pay," in which case the entire global recovery will be threatened.

BEIJING, March 7 (Xinhua) -- Drought had affected 61.31 million Mu (4.09 million hectares) of farmland in southwestern China as of March 5, according to the latest figure from the Ministry of Agriculture (MOA).About half of the affected, or 32.95 million Mu (2.20 million hectares), was seriously damaged, according to the MOA.The affected acreage was in Yunnan Province, Guangxi Zhuang Autonomous Region, Guizhou Province, Sichuan Province and Chongqing Municipality.The areas contributed to about 16 percent of the country's annual grain output, and thus were important to the country's overall grain output, according to the MOA.

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BEIJING, March 5 (Xinhua) - Chinese Premier Wen Jiabao warned Friday the nation still faces "a very complex situation" in the wake of the "most difficult year for economic development" since the new millennium.Delivering his work report to the National People's Congress (NPC), the parliament, Wen set the economic growth target for 2010 at "about 8 percent."China's economy expanded 8.7 percent in 2009, staging a faster-than-expected recovery after being hit by the worst global financial crisis in decades thanks to a raft of stimulus measures.ECONOMYPutting the economy "on a sound footing," the government needs to guide all sectors to focus on transforming economic growth pattern and restructuring economy, Wen said in the report.He acknowledged that 2010 is a "crucial year" for continuing to combat the global financial crisis, maintaining "steady and rapid" economic development, and accelerating the transformation of growth pattern.It is also an important year for achieving all the targets of the 11th Five-Year Plan (2006-2010) and laying a solid foundation for the 12th Five-Year Plan (2011-2015), he said."Although this year's development environment may be better than last year's, we still face a very complex situation," Wen told nearly 3,000 NPC deputies at the Great Hall of the People in downtown Beijing.Other key economic and social targets included creating more than 9 million jobs in cities, keeping urban registered unemployment rate under 4.6 percent and keeping the rise in consumer prices at about 3 percent.Wen said while the foundation for economic turnaround becomes stronger, he cautioned it should not be interpreted as "fundamental improvement."Listing key government tasks, Wen said it will continue to implement a proactive fiscal policy and continue to implement the stimulus package which was unveiled in late 2008 that included a 4-trillion yuan (585.5 billion U.S. dollars) two-year investment.Lawmaker Li Dongsheng from Guangdong Province, chairman of China's largest color TV producer TCL Corporation, said the proactive fiscal policy is in line with the company's current business development and it demands more "implementing techniques."Li said more flexibility is needed in carrying out the economic policy as China still faces "extremely complicated economic picture," including unclear export prospect.

BEIJING, Jan. 15 (Xinhua) -- China and Vietnam held a reception in Beijing on Friday to mark the 60th anniversary of diplomatic ties.     Chen Haosu, president of the Chinese People's Association for Friendship with Foreign Countries, said China and Vietnam were friendly neighbors, which had frequent high-level visits, broad trade and economic cooperation, and cultural exchanges.     Chen said the establishment of the China-ASEAN Free Trade Area (FTA) on Jan. 1, 2010 will further boost the mutually-beneficial cooperation between China and Vietnam. Chen Zhili (C front), vice chairwoman of the Standing Committee of China's National People's Congress (NPC), attends a reception marking the 60th anniversary of the establishment of diplomatic relations between China and Vietnam, in Beijing, capital of China, Jan. 15, 2010Vietnamese Ambassador to China Nguyen Van Tho said he believed a series of activities to mark 2010 as the year of China-Vietnam friendship will advance the bilateral relations to a new hight.     About 120 guests from both countries, including Chen Zhili, vice chairwoman of the Standing Committee of the National People's Congress,attended the reception.     China and Vietnam forged diplomatic relations on Jan. 18, 1950. 

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BEIJING, March 11 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday urged for pushing forward mainland-Taiwan relations steadily, saying the two sides are facing a grand opportunity for the development of ties.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call when attending a panel discussion of the annual session of the National People's Congress."The relations across the Taiwan Strait saw comprehensive improvement and development over the past year, and we are now facing a grand opportunity to develop the ties," Jia told NPC deputies of the delegation representing Taiwan."It's imperative to do well the work concerning Taiwan in a concrete and effective manner and steadily push forward cross-Strait relations," Jia said."We must stick to the principle that the mainland and Taiwan both belong to one China, consolidate the political foundation for the peaceful development of cross-Strait relations and strengthen political trust between the two sides," Jia said.Jia, also Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, also urged the two sides to deepen their economic cooperation and establish a long-term mechanism for mutual development and benefit.Cultural and educational exchanges should be vigorously promoted to deepen the sense of national and cultural identity between compatriots across the strait, Jia said.

BEIJING, Jan. 17 (Xinhua) -- The bodies of all eight Chinese police officers buried under a collapsed building in the Haiti quake had been found as of early Sunday morning Beijing time, the Ministry of Public Security said.     The first body was found at 4:30 p.m. Jan. 16 Beijing time after more than 80 hours of search and rescue work, and the other seven were retrieved from 10:42 p.m. to 3:56 a.m. Jan. 17 under the joint efforts of the Chinese rescue team, the Chinese peacekeeping force in Haiti and several foreign rescue teams, the ministry's emergency response work team announced Sunday. Chinese peacekeeping police salute to a vehicle carrying the last body of their buried colleague in Port-au-Prince, capital of Haiti, on Jan. 16, 2010. The bodies of all eight Chinese police officers who were buried during the Haiti quake had been found as of early Sunday morning Beijing time, the Ministry of Public Security said    Of the victims, four were officers of China's peacekeeping force in Haiti and the rest were in a team sent by the ministry to Haiti's capital, Port-au-Prince, for peacekeeping consultations, according to the ministry.     The team arrived in the Caribbean city Tuesday afternoon. The eight were meeting UN officials in a UN building when the 7.3-magnitude quake struck on Tuesday.     According to the ministry, the bodies will be transferred back to China as soon as possible. Liu Xiangyang (L), deputy chief of the National Earthquake Disaster Emergency Rescue Team, salutes to a Chinese victim in Port-au-Prince, capital of Haiti, on Jan. 16, 2010. The bodies of all eight Chinese police officers who were buried during the Haiti quake had been found as of early Sunday morning Beijing time, the Ministry of Public Security said.