BEIJING, Sept. 27 (Xinhua) -- The spacewalk performed by Chinese taikonauts Zhai Zhigang Saturday afternoon marks a major breakthrough in China's space program, Chinese President Hu Jintao said. Hu talked with the trio taikonauts at the Beijing Aerospace Control Center for the Shenzhou-7 mission at 6:35 p.m. Saturday, when he inquired the physical conditions of the three taikonauts. "Your country and your fellow citizens thank you for your devotion to the space program," he said. He congratulated the trio over the success of the spacewalk, and encouraged them to continue the efforts for a "complete success. Zhai Zhigang was assisted during the spacewalk by Liu Boming in the orbit module. China is the third country in the world to accomplish the feat after the United States and Russia. "How did you feel like in space?", President Hu asks spacewalker Chinese President Hu Jintao asked Chinese taikonauts what it was like walking in space in a conversation with them after the trio successfully realized the country's first-ever space walk on Saturday. "How did you feel like in space after exiting the module?" asked smiling Hu, who was talking on a phone that connected him at the Beijing Aerospace Control Center (BACC) with astronauts on the spacecraft Shenzhou-7. "I felt superb," answered Zhai Zhigang, who carried out about 25 minutes of extra-vehicular activity (EVA) about 343 km above the earth after floating out of the Shenzhou-7 cabin on Saturday afternoon. "The process of taking on the Feitian spacesuit went smooth," said Zhai, looking confident and radiant on the screen at the BACC. "In the vast space, I felt proud of our motherland." Hu congratulated the astronauts on the successful feat and encouraged them to carry on efforts to fulfill the mission. "The thing I most want to know is how are you feeling now and how is your work going," Hu asked the trio. "We feel well," said Zhai. "We conducted the space scientific tests as planned and the EVA went smoothly." Hu hailed the spacewalk as a sign of the country's progress in space scientific technology. "You have made outstanding contribution to our country's space project," said Hu. "The country and the Chinese people are grateful to you." At 4:43 p.m. (0843 GMT) on Saturday, Zhai slipped out of the orbital module of Shenzhou-7 in a head-out-first position, wearing a 4-million-U.S.dollar homemade Feitian space suit. China's first-ever spacewalk marked a remarkable progress in the country's ambitious space program, which will eventually lead to the establishment of a permanent space station. The video grab taken at the Beijing Space Command and Control Center on Sept. 27, 2008 shows Chinese taikonauts (L-R) Jing Haipeng, Zhai Zhigang and Liu Boming talk on the spacecraft Shenzhou-7 with Chinese President Hu Jintao who is in Beijing, capital of China, Sept. 27, 2008.
BEIJING, Aug. 7 (Xinhua) -- Efforts should be made to increase power production and guarantee supply for both the Olympic Games and stable economic operation, said Vice Premier Li Keqiang on Thursday. With the summer energy consumption peak and the Games, power supply is a heavy task for relevant organizations, Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said while inspecting Datang Group, a major power supplier in Beijing.Li Keqiang (C), Chinese Vice Premier and member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, inspects Datang Corporation in Beijing, capital of China, Aug. 7, 2008.He said that to ensure safe, stable power supply and generation, enterprises should pay special attention to production safety and improve the management and maintenance of power facilities. He also urged all organizations to use energy-saving technologies and products and promote education on energy-saving among the public to reduce energy waste.
BEIJING, Sept. 14 (Xinhua) -- Millions of Chinese have used this year's mid-Autumn Festival, which fell on Sunday, to get together with family and loved ones. This year the Chinese government made the festival a three-day national holiday for the first time. Railways and buses from Chengdu, capital in southwest China's Sichuan Province, carried 180,000 people to quake-battered cities in the province on the first day of the holiday on Saturday, according to the transport authority. "The holiday gave us a break from work to go back home to see my parents in Shifang City, after it was hit by the earthquake in May," said a man surnamed Li, while waiting in a crowded bus terminal in Chengdu. Radio broadcast at the terminal reported travel was difficult, because of repairs on the road or damage from the earthquake. Home-going passengers, many holding packages of mooncakes, stood waiting. Li said the passengers shared a common understanding that the festival's tradition of family values made the trip home more meaningful, and people with painful memories of the disasters cherished such chance. Elsewhere in the country, people preferred to share the holiday feeling at home or on short family trips to tourist spots, instead of going far for travel, according to travel agencies. Leading Chinese travel services like China Travel Service and CCT Travel reported slack booking for Mid-Autumn travels. A staffer at the CCT Travel's office in scenic Guangxi Zhuang Autonomous Region in southwest China said that travel for the week-long National Day holiday in Oct. was booked up. However, the business in the Mid-Autumn holiday was sluggish. Spectators hold placards that read "Welcome" and "Happy Mid-Autumn Day" during a match at the Beijing Olympic Green Tennis Court Sept. 14, 2008. People from around the world are gathering in Beijing and enjoying the Mid-Autumn Festival, a Chinese traditional festival for family reunions which falls on Sept. 14 this year. Liao Wei, manager of the Chongqing Office of China Travel Service, said that the company had planned in vain to open some new routes featuring the Mid-Autumn activities. "We thought of something like a full-moon observing tour of scenic spots, but the market reaction to such ideas was bad," he said. He said that after devastating disasters this year, Chinese people preferred a peaceful and consoling break such as family reunions over long-distance travels. Folk experts held that the Mid-Autumn Festival is second only to the Spring Festival, or China's Lunar New Year, in conveying the core value of the Chinese nation -- family values. A woman takes pictures as her child looks at chrysanthemum at the Shangzhi Park in Harbin, capital of northeast China's Heilongjiang Province, Sept. 14, 2008This was why some law makers like Fan Yi, rector of the Foreign Languages College of Ningbo University in east China's Zhejiang Province, proposed to turn the festival into a national holiday last year. "The Mid-Autumn holiday has the power to ease the home-bound travel spree in the Spring Festival, and help revive traditional values in the modern time," he said. The festival tradition reminds people living far away from their native lands for better education conditions or better-paid jobs to go back to their family roots, he said. The Mid-Autumn Festival, also known as the Moon Festival, falls on the 15th day of August on the lunar calendar. It is celebrated in many Asian countries.
XIANYANG, Shaanxi, Oct. 5 (Xinhua) -- President Hu Jintao has written to the Tibet Nationalities Institute (TNI) to celebrate its 50th founding anniversary, which was the first institution of higher learning for ethnic Tibetans set up by the Central Government outside Tibet Autonomous Region. Hu, also general secretary of the Communist Party of China (CPC) Central Committee, hailed the institute's "important contribution to the economic development and social progress" of Tibet, which has turned a great number of ethnic Tibetans into high-quality cadres and specialists. Hu expressed the hope that the TNI would continuously improve its managerial level in teaching, play a better role as the training base for Tibetan cadres, and make greater contributions to improving the life of people of different ethnic groups in Tibet and promoting stability and unity in the region. A ceremony was held on Sunday at the TNI in Xianyang City, Shaanxi Province, northwest China. Raidi, former vice-chairman of the Standing Committee of the National People's Congress, who is an ethnic Tibetan and a former leader of Tibet Autonomous Region, attended the celebration.
BEIJING, Sept. 2 (Xinhua) -- Top Chinese political advisor Jia Qinglin is urging to cultivate more farmers who not only plant but also know the ABCs of technology and management, since the country is seeking new ways to promote rural development. "We should foster many more 'new-style' farmers who are educated and who know techniques and the basics of sales and management," said Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, adding that rural areas should use urban development as a catalyst. Jia Qinglin, (2nd R), chairman of the Chinese People's Political Consultative Conference (CPPCC), speaks at a CPPCC National Committee meeting on balancing urban and rural development in Beijing, capital of China, Sept. 2, 2008. Jia made the remarks at a CPPCC National Committee meeting on balancing urban and rural development held here on Tuesday. "It is a historical task to balance urban and rural development and promote the integration of urban-rural economic society. It is also a complicated, long-term task." Jia urged that improvement in major areas such as the residence registration system, the rural financial system, employment and land use be given priority. Jia, member of the Standing Committee of the Communist Party of China Central Committee Political Bureau, said goals such as lifting rural incomes and promoting agriculture efficiency should be incorporated into the overall plan of the country's economic development.
BEIJING, Sept. 24 (Xinhua) -- China and Venezuela on Wednesday inked a series of agreements on wide-ranging fields, a sign of bilateral efforts to advance their strategic partnership to a new high. The agreements came out of the summit talks in the Great Hall of the People as Beijing rolled out the red carpet for Venezuelan President Hugo Chavez. The 12 new cooperative deals covered trade, oil, finance, education, justice, telecommunications, infrastructure, sports and cultural relics. Chinese President Hu Jintao(R) meets with visiting Venezuelan President Hugo Chavez at the Great Hall of the People in Beijing, capital of China, on Sept. 24, 2008. Chinese President Hu Jintao gave an honor guard reception to Chavez, who was on his fifth visit to China since taking office as Venezuelan president. In their hour-long talks, Hu first thanked the Venezuelan government and people for providing relief to China following an 8.0-magnitude earthquake that devastated the southwestern China on May 12. In response, Chavez said the Venezuelan people were sympathetic with the victims in the quake. He wished the Chinese government and people a speedy recovery from the disaster. On the Beijing Olympics and Paralympics, Hu said China appreciated Venezuela's generous support while Chavez said the successes of hosting the two games would go down in history. Stressing both China and Venezuela stayed at an important stage, Hu said the two countries shared the goal of stepping up substantive cooperation and seeking common prosperity. To advance the bilateral strategic partnership, Hu proposed the two countries keep the high-level visits, enhance dialogues between the governments, legislatures and ruling parties, and exchange views on issues of common concern. On the economic front, Hu said China would like to deepen "all-phase and integrated" oil cooperation with Venezuela, encourage businesses to invest in Venezuela and establish a trade zone. China will also participate in building Venezuela's infrastructures, including railway system, telecommunications network, social housing and hydro-power. Hu also called on the two countries to work more closely in education, culture, science and technology, justice, sports, journalism and poverty eradication. Sharing Hu's view on bilateral ties, Chavez said bilateral trade had progressed smoothly, citing remarkable progress in oil, agriculture, science and infrastructure. Chave said Venezuela would like to work closely with China on stronger political ties, increased dialogues and more substantive cooperation in energy, finance, agriculture and machinery. On international issues, Hu and Chavez agreed to step up communication and consultation in multi-lateral organizations and on global issues, so as to safeguard the reasonable rights of developing countries. Earlier Wednesday, top Chinese legislator Wu Banguo also met with Chavez. Wu said China's National People's Congress, the country's top legislature, would like to maintain its friendly exchanges and cooperation with the Venezuelan legislature, boosting the overall bilateral ties. Chavez will conclude his three-day state visit to China on Thursday.
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WASHINGTON, Oct. 13 (Xinhua) -- A senior Chinese official said on Monday that China will continue to cooperate with other countries to cope with the current financial crisis. "For the international community, the most urgent task is to join efforts to stem further deterioration and spread of the crisis -- the major threat to global growth -- and restore global economic and financial stability," said Yi Gang, vice governor of the People's Bank of China "China will continue to strengthen its cooperation with concerned countries and hopes that all governments will work together to overcome the current difficulties and restore international financial stability," he said in a statement at the annual meeting of the International Monetary Fund and World Bank. He urged the two Bretton Woods Institutions to "fulfill their mandates to maintain global monetary and financial stability and facilitate sustainable, balanced growth." The fund should give the surveillance priority to the ongoing financial turmoil, deepen its analysis, learn lessons, and listen to the opinions of member countries, said the senior official of China's central bank. "From the medium- and long-term perspective, the fund must address the inherent deficiencies of the current international monetary system and foster an international financial architecture adaptive to the evolving global economy and financial markets," he noted. As the largest multilateral development institution, the World Bank should re-assess the challenges confronting the developing countries -- soaring food and fuel prices, higher financing costs, deteriorating balance of payments positions, and mounting inflationary pressures, said Yi Gang. "With the advantages of its financing capacity and expertise, the World Bank should urge the developed countries to shoulder their due responsibilities in stabilizing the global economy through targeted measures, carried out in an even-handed and professional fashion," he said. Yi Gang also stressed the fundamentals of the Chinese economy are "solid and resilient." "We are confident we can weather the financial turmoil," he said. "With the global economic slowdown, it is important that China maintains its stable and relatively rapid growth."
BEIJING, Oct. 10 (Xinhua) -- China's central bank on Friday said it will continue international cooperation to tackle the global financial crisis and maintain market stability. The pledge came two days after the People's Bank of China (PBOC) announced an interest rate cut in a co-ordinated global move to revive solvency in the international financial system. The PBOC on Wednesday cut the benchmark lending and deposit rates by 0.27 percentage points and the reserve requirement ratio by 0.5 percentage points amid growing fears of a slowing economy and falling equities market. "The PBOC will continue close contacts and cooperation with counterparts and international financial organizations to jointly maintain stability of global financial market," PBOC spokesman Li Chao told Xinhua. The PBOC would closely watch the developments and effects of the crisis and take timely and flexibly measures according to changes in the domestic and international situations to guard against financial risks, Li said. The global economic slowdown reduced demand for Chinese exports and inevitably affected China's economy, he said. The central bank was fully confident and capable of dealing with the crisis and maintaining stable and relatively fast economic growth. "China has a huge domestic market and the liquidity is abundant," he said. "As long as we take strong measures to boost domestic demand, the economy has big potential for sustainable growth." A PBOC statement on the third-quarter meeting of its monetary policy committee said it would take flexible and prudent macro-economic control measures to boost economic growth. The PBOC was not optimistic in its global economic outlook as intensifying fluctuations in the financial markets had affected the real economy. It said it would boost coordination between monetary policies and fiscal, industry, export and financial regulation policies to help transform economic growth mode and boost domestic demand to balance international payments.
BEIJING, May 11 -- China's monetary authorities are struggling to address conflicting policy goals, but inflation will remain the top policy concern, the country's central bank governor said on Saturday. While the United States and other countries are more focused on fending off a recession, China's monetary policy must target inflation over growth and employment, Zhou Xiaochuan, the People's Bank of China governor, told a forum in Lujiazui, Shanghai's financial center. "There is no cure-all medicine, and we have to make the final decisions -- everyone hopes there would be a cure-all solution, but there is not," said Zhou. China's consumer price inflation would likely to rise to 8.5 percent in April from 8.3 percent in March, two sources familiar with the data said late on Thursday. The data, which is subject to last-minute revisions, will be officially released on Monday. Zhou Xiaochuan, governor of the People's Bank of China, addresses the Lujiazui Forum 2008 in Shanghai, east China, May 10, 2008. Heads of the People's Bank of China, the country's central bank, the Securities Regulatory Commission, the Banking Regulatory Commission and the Insurance Regulatory Commission all attended the two-day financial forum, opened on May 9. Lujiazui is the name of Shanghai's financial district. Meanwhile, the government said on Friday that China's producer price index, or factory-gate inflation, hit a three-year high of 8.1 percent in April, showing a sustained build-up in pressures on consumer price inflation. Zhou listed development of financial institutions and the imbalance in global money transfers as other issues that China's monetary policy may have to target. He said China needs to reduce the savings ratio as the fundamental way to address its over-reliance on trade, which now accounts for more than 60 percent of its annual GDP, but he did not elaborate on possible specific measures. On other issues, Zhou said Beijing has yet to reach a consensus over how to develop a properly functioning domestic bond market. Disputes remain about market infrastructure, the regulatory framework as well as laws and regulations, Zhou said.
BEIJING, July 4 (Xinhua) -- China's State Council published on Friday guidelines on post-quake reconstruction, emphasizing house repair and building work. The State Council, China's Cabinet, stressed priority for repairing and building houses for people whose homes were destroyed during the May 12 tremor. "Check for repairable buildings and fix them as soon as possible; scientifically choose sites, economically use land and set down reasonable quake-resistant levels for building new houses," the guidelines said. Areas suitable for living must be marked off based on scientific standards and evaluations on geology and natural resources. Meanwhile, the government will see to the reasonable distribution regarding population, industry and productivity, according to the guidelines. A local man builds house at ruins at Yuzixi Village, Yingxiu Township, Wenchuan County in Southwest China's Sichuan Province, June 9, 2008. Residents in quake-hit Yingxiu Township are now reconstructing their hometown The reconstruction of buildings should take local advice into account, and be based on governmental subsidies, social support and local resources. All the measures were aimed to let quake-hit people live in "safe and comfortable houses as soon as possible", said the guidelines. Resources should be optimized to upgrade quake resistance standards and improve the quality of construction, the guidelines said. Priority should be given to the reconstruction of public facilities, including schools and hospitals, and these buildings should be the "safest, most solid and trustworthy". The guidelines required high schools and vocational schools be located in county seats, middle school in townships while primary school sites be relatively concentrated. The guidelines also underscored the importance of protecting the ethnic and cultural relics affected by the major quake. Earthquake sites and memorial halls would be erected, and the reconstruction of government buildings should be "frugal" and "practical." The restoration of infrastructure should be adjusted to local conditions and planning, the guidelines added.