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BEIJING, Oct. 8 (Xinhua) -- As more people made return trips to go back home and work, China saw a traffic boom on Thursday. Road transport departments nationwide carried 62.23 million passengers on Thursday, up 9.0 percent over the same day last year, according to the Ministry of Transport (MOT).     In the eight-day holiday, a total of 488 million passengers made journeys by road transport, representing an increase of 6.8 percent over the same period last year. Passengers queue to receive security check at the subway station entrance of Beijing Railway Station in Beijing, capital of China, Oct. 7, 2009. As the National Day holidays are about to end, the railway transportation witnessed a travel peak all over the nation    Some 820,000 medium and large-size busses were put into use from Oct.1 to Oct. 8. Of the total, more than 80,000 were tourism buses.     According to the Civil Aviation Administration, 5.29 million people traveled by air during the holiday, up 7.8 percent over the same period last year.     He Jianzhong, the MOT spokesman said the transport departments made full preparations to cope with the 16th typhoon of this year, "Ketsana", dealing with 4 dangerous cases, involving 44 people.     Marine salvage departments put 72 ships and 12 helicopters into service during the holiday period, said He.

BEIJING, Oct. 14 (Xinhua) -- Chinese President Hu Jintao on Wednesday met with visiting Russian Prime Minister Vladimir Putin, hailing fresh development of bilateral relationship and vowing closer collaboration. "Russia is one of the top agenda on China's diplomacy as we pay much attention to relations with Russia," Hu told Putin in their half an hour meeting in Diaoyutai State Guesthouse.     Hu said this year was significant for China-Russia relations as both countries celebrated their 60th anniversary of the establishment of diplomatic ties.     Russia was the first country to establish diplomatic relations with China, days after the People's Republic of China was founded on Oct. 1, 1949. Chinese President Hu Jintao (R) meets with Russian Prime Minister Vladimir Putin in Beijing, capital of China, Oct. 14, 2009.    As an important milestone in deepening relations, both countries established strategic partnership of coordination in 1996.     Hu said this partnership had reaped substantive benefits to both peoples and worked for the world peace, stability and prosperity.     He underscored the mutual support both countries offered to each other on issues concerning their core interest and close coordination and cooperation on international and regional affairs.     "China would like to work more closely with Russia to enhance political trust and strategic coordination," Hu said.     Chinese President particularly called for both countries to boost cooperation in energy, high-tech and culture.     "Let's work together to take strategic partnership of coordination to a higher level," Hu said.     Putin said his China visit was very successful, marking "an important step forward" in bilateral cooperation.     He said close exchanges between leaders of both nations contributed a lot to bilateral relations, which witnessed rapid progress in trade, energy and culture.     Putin said the "Year of Russian Language" went on well in China and looked forward to the "Year of Chinese language" in Russia next year.     During the "Year of Russian Language" in China, the two nations held more than 200 cultural exchange activities in about 20 provinces, autonomous regions and municipalities in China.     Putin said he was satisfied with Russia's ties with China and would like to advance the relations.     On Tuesday, Chinese Premier Wen Jiabao hosted a red-carpet welcome ceremony for Putin, who is on his first official visit to China since taking office in May 2008. They held closed-door talks and witnessed the signing of 12 agreements, including the agreements on natural gas and oil.

BEIJING, OCT. 6 (Xinhua) -- China on Tuesday expressed appreciation over the Democratic People's Republic of Korea (DPRK)'s commitment to the goal of a nuclear-free Korean Peninsular and its adherence to realizing the goal through multilateral dialogues including the six-party talks.     Chinese Foreign Ministry spokesman Ma Zhaoxu made the remarks in response to questions on the Korean Peninsular nuclear issue..  Chinese Premier Wen Jiabao (R) shakes hands with Kim Jong Il, top leader of the Democratic People's Republic of Korea (DPRK), during a meeting in Pyongyang, capital of the DPRK, Oct. 5, 2009.    China has always supported the DPRK-U.S. bilateral dialogue aiming at increasing mutual understanding and trust, and believed all sides should adhere to the six-party talks and make joint efforts for the early resumption of the process, Ma said in a statement.

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BUCHAREST, Oct. 19 (Xinhua) -- Visiting Chinese Vice President Xi Jinping on Monday held separate talks with Mircea Geoana, speaker of Romania's Senate, and Roberta Anastase, speaker of the Chamber of Deputies of Romania.     During his meeting with Geoana, Xi said the establishment of diplomatic ties between China and Romania 60 years ago was a milestone in the development of bilateral relations.     Despite the changing international situation the two peoples have always respected each other, treated each other equally and valued each other's interests and concerns during the past six decades, Xi said. Chinese Vice President Xi Jinping (L) meets with President of Romania's senate Mircea Geoana in Bucharest, Romania, Oct. 19, 2009. The history of the friendly exchanges between the two countries in the past 60 years indicates that the two peoples are reliable all-weather friends and all-around partners, he said.     Xi said his visit is aimed at taking the 60th anniversary of the establishment of diplomatic ties between China and Romania as a new starting point to consolidate friendship, deepen cooperation and push forward China-Romania relations in the next 60 years.     Geoana said that Xi's visit to Romania on the occasion of the 60th anniversary of Romania-China relations is of great importance and will definitely promote the development of the all-round friendly cooperative partnership between the two countries and lift the bilateral ties to a new height. Chinese Vice President Xi Jinping (L) meets with Romanian Chamber of Deputies Speaker Roberta Anastase in Bucharest, Romania, Oct. 19, 2009All Romanian political factions are highly consistent in developing Romania-China relations and are willing to strengthen the all-round pragmatic cooperation with China, he said, noting that the Romanian parliament is ready to make contributions in this r

BEIJING, Aug. 8 (Xinhua) -- China's ChangAn Auto Co., Ltd., a leading domestic auto maker, announced Saturday that its sales volume rose more than 82 percent year on year last month.     The Chongqing-based company sold 107,863 units of vehicles in July, up 82.4 percent year on year, it said in a statement to the Shenzhen Stock Exchange.     The company produced 118,037 units of vehicles in July, up 64.9 percent year on year.     The Shenzhen-listed firm's shares had fallen 5.24 percent to 10.31 yuan a share Friday before the release of the report.

BEIJING, July 20 (Xinhua) -- China's Central Military Commission (CMC) conferred the rank of general on three senior military officers here on Monday, bringing the total number of generals to 174. CMC Chairman Hu Jintao awarded the officers certificates of command at the promotion ceremony. An order for the promotion was announced by CMC Vice-Chairman Guo Boxiong.     The senior officers are deputy chief of the General Staff of the People's Liberation Army (PLA) Ma Xiaotian, political commissar of the PLA's Academy of Military Sciences Liu Yuan, and political commissar of Chengdu Military Area Command Zhang Haiyang. China's Central Military Commission (CMC) Chairman Hu Jintao (C) poses with newly-promoted generals, namely Deputy Chief of the General Staff of the Chinese People's Liberation Army (PLA) Ma Xiaotian (2nd L), Political Commissar of PLA's Academy of Military Sciences Liu Yuan (1st R), and Political Commissar of the Chengdu Military Area Command Zhang Haiyang (1st L) in Beijing, capital of China, July 20, 2009. CMC conferred the rank of general on the three senior military officers here on Monday.     China began to confer military ranks to military and police officers in 1955, when Chairman Mao Zedong promoted 10 senior officers to the rank of marshal, a rank which was later abolished.     Premier Zhou Enlai then issued a decree conferring the rank of general on 55 officers in 1955 and one each in 1956 and 1958.     Only one veteran of the revolution that founded the People's Republic of China who was among the first group of generals is still alive: 104-year-old Lu Zhengcao, former vice-chairman of the National Committee of the Chinese People's Political Consultative Conference.     In 1965, the CMC abolished the system of military ranks and then resumed it in 1988. Since then, 118 senior military and police officers have been promoted to the rank of full general.     Hong Xuezhi, who became a member of the CMC in 1988, was the only officer to receive the honor twice in 1955 and 1988.     The PLA recognizes 10 military ranks for officers in active service: general, lieutenant general and major general; senior colonel, colonel, lieutenant colonel and major; captain, first lieutenant and second lieutenant.

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BEIJING, June 29 -- Chinese listed banks, which have lent record high amounts in the first half, are likely to report lower profit growth in the period due to narrowing interest spreads and higher provisioning requirements, industry analysts said.     "We are expecting a 7 to 8 percent year-on-year profit fall among the 14 listed banks in the first half-year," said Wang Liwen, banking analyst with Shanghai-based Guotai Junan Securities Co, citing stretched interest spreads as the major reason.     In 2008, the net interest rate spread for banks ranged from 2.45 percentage points to 3.62 percentage points, with the average figure hovering around 3 percentage points. This year, as the government cut interest rates several times to spur economic growth amid the global financial crisis, the net interest rate spread is expected to be lower, at around 2.36 percentage points. Clients walk into the Suzhou branch of Bank of Ningbo in Suzhou, east China's Jiangsu Province, March 27, 2009.The bank, the first listed lender to file a mid-term report, said its first-half profits would drop nearly 5 percent from a year earlier    "A drop of 0.7 percentage points in the average net interest rate spread could mean some 7-billion-yuan decrease in the interest yield for each trillion yuan of new loans," said Wang.     Chinese banks extended a record 7.37 trillion yuan of new loans in the first half, triple the amount offered in the same period a year earlier and 47 percent more than the government's full-year target, after lending restrictions were eased in November to stem an economic slowdown.     However, most securities firms' reports said the country's 14 listed banks might post an average profit decrease ranging from 6 percent to 10 percent year-on-year in the first six months.     According to Wind Info, a financial data provider, the 14 listed banks reported a net profit of 232.7 billion yuan in the first half of 2008, an increase of 73 percent year-on-year. But this year, the net profit could probably stand at 210 billion yuan, down 10 percent on a yearly basis.     Bank of Ningbo, for instance, on July 14 announced no more than a 5-percent decease in net profit in its pre-released semi-annual report to the Shenzhen bourse. It is the first Chinese listed bank to report a profit fall in the first half.     Wang Yifeng, an analyst at TX Investment Consulting, said the improved provision coverage ratio requirement might also cripple profits at listed banks.     To prevent potential risks arising from the lending spree, China Banking Regulatory Commission raised the minimum provision coverage ratio requirement to 150 percent from 130 percent earlier this year.     "The increase will mainly eat into the profits of several large State-controlled banks as they are still not up to the new requirements," said Wang.     But as the squeezed spreads bottom out in the second half, most analysts said listed banks would still post positive growth for the whole year.     "Thanks to the widened interest rate spreads and lower loan cost in the following months, we are expecting a 10-percent growth in profits overall this year," said Liu Yinghua, an analyst with Shenzhen-based Ping An Securities.

BEIJING, Sept. 1 (Xinhua) -- Chinese Premier Wen Jiabao said here Tuesday China would not change the orientation of its stimulating economic policy as the country is at a critical stage in the recovery of the economy. Wen said, when meeting with World Bank President Robert Zoellick, that China's government would continue to pursue proactive fiscal and moderately easy monetary policies.     "We will not change the orientation of our policy," Wen said.     Wen said China would fully implement and continue to enhance and perfect policy in response to the international financial crisis to achieve the goals of economic and social development. Chinese Premier Wen Jiabao (R) meets with World Bank President Robert Zoellick in Beijing on Sept. 1, 2009.    China's economy grew 7.1 percent in the first half of this year and 7.9 percent in the second quarter, reversing a declining trend in the previous seven quarters.     World Bank President Zoellick said earlier China's economic recovery might be better than expected.     In the first seven months of this year, China has seen a robust growth of domestic demand as consumption surged 15.2 percent year on year and investment 32.9 percent. The Ministry of Commerce predicts China's exports will slow their decline or even grow on a monthly basis.     "The macro-economic policy and measures that China adopted in response to the international financial crisis have been proved inconformity with reality, prompt, forceful and effective," Wen said.     Wen said the world economy was now showing signs of stabilizing, but an all-round recovery would be a slow, difficult and complicated process. It would require long-term, concerted efforts by every country in the world in strengthening dialogue, coordinating policy and deepening cooperation.     Wen said imbalances in the global economy were rooted in disparity in development. He urged the international community to pay special attention to difficulties faced by developing countries, especially the least developed ones. He said the gap should be lessened by increasing aid, writing off debts, opening markets and transferring technology.     Wen said China was ready to strengthen cooperation with the World Bank and make new contributions to achieving the UN Millennium Goals and sustainable development of the world.     This is the third time Zoellick has visited China since becoming World Bank President. Following his arrival Monday afternoon, Zoellick exchanged views on the major topics of his agenda in Beijing, the international financial crisis and climate change, with Chinese officials. Besides Beijing, Zoellick will visit Anhui province in east China.     Zoellick said the World Bank was willing to develop cooperation with China in areas such as international development aid, reform of international financial organizations and climate change.

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BEIJING, Oct. 11 (Xinhua) -- China resolutely opposes U.S. move to start anti-dumping and anti-subsidy investigations into seamless steel pipes imported from China, the Ministry of Commerce(MOC) said.     The current hardships facing the U.S. steel industry was because consumption and demand waned after the financial crisis. "Blindly blaming Chinese imports of dumping or subsidies is lack of factual bases, which China strongly opposes," MOC announced in a statement on its website Saturday.     The statement came after U.S. Department of Commerce said Wednesday that it had initiated anti-dumping and countervailing duty investigations at the request of the U.S. Steel Corporation, V&M Star LP, TMK IPSCO and the United Steelworkers (USW).     The U.S. petitioners requested a 98.37-percent anti-dumping duty against the Chinese imports and additional countervailing duties to offset what they allege are Chinese government subsidies.     The case was the seventh such investigations this year launched by the U.S. Department of Commerce against Chinese imports that included claims of both dumping and subsidies, MOC said.     Resorting to trade protectionism would not solve the real problem, instead it would hurt the interests of U.S. downstream steel businesses as well as bilateral trade, it said.

BEIJING, Aug. 31 (Xinhua) -- Chinese State Councilor Liu Yandong has asked schools to educate students comprehensively about national unity during recent a tour to the Xinjiang Uygur Autonomous Region.     Liu said teachers should play a guiding role in helping students become "forceful practitioners, loyal promulgators, and strong guards" of national unity.     Great efforts should be made to develop education, science and technology, and culture in Xinjiang, Liu said. She called for contributions toward building a prosperous, affluent and harmonious socialist Xinjiang.     During the tour Liu visited educational institutes, cultural organizations and a company engaged in renewable energy.