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BEIJING, April 5 (Xinhua) -- China will strengthen oversight of listed securities companies by promoting information transparency.     On Saturday, China Securities Regulatory Commission (CSRC) introduced a regulation which said securities companies should remind investors about potential risks when shareholders decide to launch a new business or introduce an innovative business.     The annual report and half-year report by listed securities companies should include risk assessment conditions, as well as reasons for risk and probable effects. Photo taken on April 1, 2009 shows a woman smiles before a stock price electronic board in Beijing. China's benchmark composite stock index on the Shanghai Stock Exchange closed at 2408 points on Tuesday    In addition to the annual operation report, companies were asked to deliver a supervision and monitoring annual report which includes audit and accounting information.     If a company or high-rank official is involved with serious illegal activity, and that results in worsening financial condition, the company should inform all shareholders.     The CSRC said the regulation, which was made on the basis of the Securities Law, took effect April 3.

BEIJING, March 1 (Xinhua) -- China has issued a circular Sunday "stoutly" ordering officials at all levels not to spend public money on sightseeing overseas.     The circular was jointly issued by the General Office of the State Council and the General Office of the Communist Party of China Central Committee amid a situation where many Chinese officials have been using public money to pay for their personal travel disguised as business trips.     The Chinese government hoped officials at all levels to set an example for other people to cope with the financial crisis and overcome the obstacles in economic development.     According to the circular, all overseas business trips should be arranged strictly. The expenses and number of officials for such trips should be kept as low as possible. And related departments should include all those expenses into their budget and get them approved beforehand.     Officials should not add more countries or cities to their travel schedules at will and extend their stay aboard. And they should not claim reimbursement for personal trip costs or resort to companies or inferior departments to cover their travel spending.     Xinhua reported in last December that two officials were removed from their posts in east China's Jiangxi Province for being implicated in overseas sightseeing disguised as study tours earlier in 2008.     Liu Zhongping, who was on an 11-member delegation to the United States and Canada in April, was ousted from the dual posts of Party secretary and Chief of the Office for Foreign and Overseas Chinese Affairs of Xinyu City. Also ousted was Liu Qun, a deputy of Liu Zhongping's office.     Liu's office reportedly fabricated the delegation's agenda to get approval by higher authorities, prolonged the trip against rules, and taking kickbacks while buying air tickets for officials.     China urged discipline inspection departments at all levels to tighten supervision and auditing over funds used for overseas business trips and expose and punish violators severely

BEIJING, March 2 (Xinhua) -- China's top political advisory body is to start its annual session Tuesday, with the focus on addressing global financial crisis. The Second Session of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) will open Tuesday afternoon and last nine days, said spokesman for the session Zhao Qizheng at a press conference Monday.     The session's secretariat said political advisors have submitted 296 proposals as of 5 p.m. Monday, with economy, employment and infrastructure being the main concerns as the global financial crisis unfolded. Zhao Qizheng, spokesman of the Second Session of the 11th Chinese People's Political Consultative Conference (CPPCC) National Committee, answers questions from journalists during a news conference on the CPPCC session at the Great Hall of the People in Beijing, capital of China, March 2, 2009. The Second Session of the 11th CPPCC National Committee is scheduled to open on March 3, 2009.    Members of the CPPCC National Committee have shown great concerns about the economy. Some of them are optimistic about the goal of an 8-percent economic growth this year while others think it is difficult to realize, Zhao said.     China can achieve the goal through its efforts, said Zhao. China must try all means to ensure stable and rapid economic development and strive for the target in order to ride through the crisis, as the country's political advisors all agree.     Jia Qinglin, chairman of the 11th CPPCC National Committee, will deliver a report on the work of the CPPCC National Committee's Standing Committee over the past year, while Zhang Rongming, vice-chairwoman of the 11th CPPCC National Committee, will report how the suggestions and proposals from CPPCC members were handled since the last session, Zhao said. China's top political advisory body, the National Committee of the Chinese People's Political Consultative Conference (CPPCC), holds a press conference before its annual session at the Great Hall of the People in Beijing, capital of China, March 2, 2009.CPPCC National Committee members, coming throughout the country, are expected to discuss the report on government work by Premier Wen Jiabao, reports on the work of the Supreme People's Court and Supreme People's Procuratorate, he said.     During the session, the political advisory body will hold two press conferences on the proposals on how to achieve steady and relatively fast economic growth and the World Expo in Shanghai next year.     A total of 2,235 political advisors are expected to attend the session.

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TIANJIN, Feb. 16 (Xinhua) -- Chinese Premier Wen Jiabao went on a morale boosting tour in the northern port municipality of Tianjin, an industrial hub near Beijing, Sunday and Monday.     Wen talked with textile workers, steel makers, tire manufacturers and students during the tour to see how the city is weathering the global financial crisis. Chinese Premier Wen Jiabao (L Front) talks with workers as he visits an iron and steel factory in Tianjin, north China, Feb. 15, 2009. Premier Wen made an inspection tour in Tianjin on Feb. 15-16At the Tianjin Tianfang Investment Holding Co., a textile firm, company chairman Liu Baogen told Wen January sales increased 0.3 percent year on year and orders have been secured till March.     Wen said the textile industry is a pillar of China's economy. He offered three suggestions to the sector: Adjust the product structure according to domestic and overseas demand; increase corporate competitiveness by lifting product quality and reducing costs; explore sales in both the domestic and overseas markets. Chinese Premier Wen Jiabao (L) shakes hands with a student as he visits Nankai University in Tianjin, north China, Feb. 15, 2009. Premier Wen made an inspection tour in Tianjin on Feb. 15-16.The Premier also visited a watch maker, an auto molding company, the construction site of an ethylene and refinery project and an animation technology firm.     Wen told employees to explore the market and look for new opportunities against the ongoing global financial crisis.     He also went to see students at Nankai University, the most reputed college in Tianjin. He reassured them government agencies would do their best to find them jobs.

BEIJING, April 9 (Xinhua) -- The Ministry of Public Security announced a national action against human trafficking of women and children here Thursday, in wake of increasing incidences of these cases in China.     "The country has seen an increasing incidence of human trafficking of women and children recently, though the police have continued fighting such crimes for years," said Zhang Xinfeng, vice minister of public security at a meeting.     The nationwide crackdown will last from April to December this year, he said.     Police must carefully investigate residents to identify women and children victims and rescue them, he said.     They were also asked to collect information about possible victims and tightly follow leads, he said.     The police will also crack down upon those who seduce or force children to beg on streets or commit crimes, especially those masterminding such gangs, he added.

BEIJING, Feb. 13 -- Chinese banks issued 1.62 trillion yuan (7 billion) in new loans in January, up 101 percent year-on-year, prompting some economists to say the government might not cut interest rates for the time being to boost the economy.     The massive jump in lending is equal to about one-third of the loans issued in the whole of 2008, a year that began on a generally tight credit line, the central bank said yesterday. M2, which includes cash and all types of deposits and indicates overall liquidity in the financial system, grew in January, too, by 18.8 percent year-on-year. It increased 17.8 percent in December.     The massive growth in lending comes at a time when banks are rushing to cherry-pick the juiciest stimulus-package projects, especially major infrastructure ones that need long-term investment, the economists said. Chinese banks issued 1.62 trillion yuan (7 billion) in new loans in January, up 101 percent year-on-year    The government announced a 6-billion package on November 9 to boost domestic demand and shore up investment. Though the central government will shoulder one-third of the cost, banks will play an important role in financing the construction of bridges, railways and highways.     "The banks are fighting for the best projects in the government's stimulus package," said Ha Jiming, chief economist of China International Capital Corp. "It's not surprising to see that an array of the deals were sealed in the past month."     "The massive lending growth minimizes the need to further cut interest rates heftily," said Lian Ping, chief economist with Bank of Communications. "The liquidity problem should ease with such a growth."     The central bank has cut the benchmark lending rate by 2.16 percentage points in the past four months and reduced the deposit reserve requirement ratio in order to ensure there's enough liquidity in the market to boost the economy.     The growth in lending could also prove to be a blessing for cash-strapped domestic enterprises trying to stay afloat amid shrinking overseas demand and waning consumer confidence.     Central bank figures show bill financing, which supplies working capital, accounted for 39 percent of the new loans.     Medium and long-term corporate loans made up 32 percent.     "It (growth) reduces the default risks of domestic firms, which in turn eases worries over bank asset quality at least in the short term," said Sun Mingchun, an economist with Nomura International.     The economists said the dramatic rise in lending could be partly attributed to pent-up demand for loans last year.     The central bank had imposed a curb on lending till November last year to combat inflation and prevent the economy from overheating.     That left "many firms, especially small- and medium-sized ones, facing a severe cash flow problem", Sun said.     Policymakers lifted the curb in November and raised the target for M2 growth to 17 percent for 2009, up from 16 percent that had been in practice since 2006.     The move is expected to ensure there's enough liquidity in the market to spur investment and boost the economy, whose growth dropped to a seven-year low of 6.8 percent in the fourth quarter last year.     "Credit expansion in the first quarter of this year is expected to be very high because banks can maximize investment returns by front-loading new loans," said Jing Ulrich, managing director and chairwoman of China Equities at JP Morgan.     But Ulrich cautioned against a possible rise in credit risk because the increase in liquidity could cause a sharp rise in banks' non-performing loans.

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BEIJING, Feb. 3 (Xinhua) -- Chinese Vice President Xi Jinping has stressed on Tuesday the importance of studying and applying the Scientific Outlook on Development in the work of government organizations at all levels during the economic downturn.     Xi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks here at a meeting on studying and applying the Scientific Outlook on Development.     Xi urged government officials at all levels to summarize their working experiences, improve ruling sufficiency and correct mistakes.     He said any concepts that were not compatible with or went against the Scientific Outlook on Development should be changed.     He also urged that problems related to government officials' credibility and capability be solved to ensure that officials should be educated, scientific development sped up and people's demands met.

BEICHUAN, Sichuan province, April 4 (Xinhua) -- Tears fell down her cheeks, like the rain dropping on her umbrella.     "I dreamed of my granddaughter several times," Tan Yunlan said while sobbing.     Supported by her daughter, the elderly woman gazed at a pile of rubble which used to be an apartment building in the former Beichuan county seat.     Tan's son-in-law arranged several bricks to burn incense, while her daughter took out a folded handkerchief from her bag. She opened it and placed the photo of a four-year-old girl inside, then gently placed it on the ground.     Behind the family, people walked slowly in twos and threes, holding candles or white chrysanthemums. Firecrackers would sound sporadically.     As Saturday was China's traditional Tomb Sweeping Day, survivors of the quake-leveled county returned to what's left of their homes to mourn loved ones.     GRIEF IN QUAKE ZONES     More than 80,000 people were confirmed dead or missing after the May 12, 2008 earthquake in southwest China's Sichuan province.     One of the worst-hit areas, 15,645 people were killed in Beichuan. Another 4,311 others remain missing. Because of the destruction, the county has been closed-off since May 20 last year. For the first time since then, former residents were allowed to return for four days of mourning starting Wednesday.     Life forever changed for Zhu Xiuhua after her husband was buried under the county's vegetable market.     "He was considerate and diligent, earning 3,000 yuan a month to support the family," she murmured, eyes swollen.     After the quake, Zhu became the family provider, taking care of her parents-in-law and two sons. Although the local government gave her some subsidy, she now has to work at construction sites like a man.     Facing the debris of the market, she drew a circle on the ground with a stick and wrote the name of her husband.     "There were too many people who died in the quake. I am afraid he can't find the money I gave him," she wept.     Zhu then lit a candle and placed it alongside the pork she had cooked and set by the debris. Pork, was her husband's favorite food. She then burned ghost money- one sheet after another, as an offering to help the dead in afterlife.     "Don't worry about us. We can manage it," she whispered to him.     In Qingchuan county, flower seller He Xiantong brought a bunch of chrysanthemums to an earthquake memorial park in Donghekou.     "Somewhere in the county, 40 meters underground, lies my wife," he said. "I feel that we are so close."     At the same time, their son, He Kaiyuan, who is in Chengdu, less than 300 kilometers away, stands facing Qingchuan. He also bought flowers for his mother and placed them on the ground.     "Dad visits mom every day," he said. "Mom, dad is with you. You must be happy in heaven."     In front of the tomb of Tan Qianqiu in Deyang city, just north of Chengdu, many strangers stopped to mourn.     The teacher, from the Dongqi middle school, sheltered four students with his arms when the quake jolted the building. When rescuers arrived, they discovered Tan had died, but the students all survived.     Huang Jing, a girl who was from Hunan province, dedicated a bouquet to Tan.     "He is also a native of Hunan," she said. "Although he didn't know me, I brought him greetings from his hometown."     MOURNING FROM ELSEWHERE     In Fuzhou, capital of east China's Fujian province- some 2,000 kilometers away from the quake's epicenter- a ceremony was held for people to mourn victims.     In front of more than 100 people, two girls tied letters they had written to deceased relatives, to the legs of pigeons, then let them go.     "Dear little sister, how are you in heaven?" wrote 16-year-old Dong Yu.     "Does it still hurt? How are uncle and aunt?" her letter went on to say. Her cousin was just eight months younger than her.     "Mom still weeps sometimes, but there are so many people from Sichuan in heaven, you won't be lonely."     Together with 33 other students from Sichuan, Dong was sent to a vocational school in Fuzhou after the disaster.     "I am doing well here," she read, smiling, with tears.     People also chose to mourn the dead on the Internet.     "Chen Jian, I'm Xiaofeng. How are you in heaven?" This message was from Chen's wife Tan Xiaofeng on the website cq.qq.com.     After the earthquake, Chen, worried about his pregnant wife. He survived 73 hours under crushed concrete and twisted steel rods. He passed away after he was pulled out of the debris.     Netizens on the portal website Sohu, list his story as among the ten most touching from the earthquake.     "I miscarried," Tan Xiaofeng wrote.     After the earthquake she moved away from her hometown and went to work in eastern Jiangsu Province.     "I will be back to sweep tombs for him later this month," she said.     The website claims to be the first online platform for visitors to mourn quake victims on Tomb Sweeping day. So far, more than 7,000 messages were left by netizens. Photos showing touching moments during the quake and its aftermath were also posted.     On Sina.com, the page for mourning showed candles forming "5.12" and a white chrysanthemum. More than 2,373,000 people had visited the site as of Saturday afternoon. Some posted their own messages for victims: "There is no disaster in heaven," and "Hope the survivors can be strong and live a better life."     LOOKING INTO THE FUTURE     Outside the barbed wire fence around the collapsed Beichuan middle school, 15-year-old Lu Chunqiao closed her eyes and held burning incense.     Four other students nearby burned a letter. In Chinese, there is a superstition that if you burn a letter, you are sending it to the dead.     The ninth grade students then knelt down, keeping their foreheads close to the ground.     They survived the quake, but more than 1,000 of their classmates were dead or missing.     "We want to tell them (the dead) the changes during this past year," Lu said. "Construction of the new school building is to start next month."     About one kilometer away from the Beichuan county seat, work rebuilding Qushan township just began.     Amid roaring machines, Liu Chunyi, an engineer from eastern Shandong province said, "it is the greatest comfort to the dead tohave those alive live a better life."     In Wenxian county of northwestern Gansu province where 114 people succumbed in the quake, Liu Wencheng placed fruit and tea for his dead wife in a graveyard.     He told her that their two daughters were doing well at school.     Liu had 0.2 hectares of land, where he planted wheat, corn and potatoes.     "Life has to go on," he said.     After the quake, the local government sent him a quilt, food and electric blankets. Each affected family was also given 20,000 yuan (almost 3,000 U.S. dollars) for reconstruction. It was not enough to build a house which is why Liu still lives in a tent. He is not sure how long he will be there.     In Sichuan, however, there is a timetable.     The province vowed to rebuild all damaged houses in rural areas by the end of this year and those in cities or townships before next May.     More than 90 percent of roads and 98 percent of the power supply system would be restored by Sept. 2010.     But it will take longer than that for wounds in people's hearts to heal.     Many people suggested Tan Xiaofeng, who is just 26, should re-marry.     The idea just makes Tan cry.     "I can't accept another man," she said while shaking her head. "Not now."

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BOAO, Hainan, April 18 (Xinhua) -- Former U.S. President George. W. Bush said Saturday that East Asia is playing a bigger role in global economy, and the world economic center has moved from Atlantic to Asia Pacific.     The Asia Pacific takes up 55 percent of the global economy, and it is of vital interest to stay "heavily engaged" with the countries in the region, he said at a banquet speech held during the Boao Forum for Asia (BFA) annual conference 2009. Former U.S. President George W. Bush gives a keynote speech at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on Saturday.  "That's why I have never missed a single APEC meeting when I was in office, because I know how important it is to the prosperity," he said.     "The global financial system does need reform, needs greater transparency," he noted.     "Accessible banking standard is needed to be in place to prevent over leverage. A better warning system is needed to be put into place to anticipate crisis," he said. Long Yongtu (L), Secretary General of Boao Forum for Asia (BFA), welcomes former U.S. President George W. Bush at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on SaturdayHe said that 20 years ago, a meeting of G7 or G8 was enough to sort out the problems, since they comprised a large share of the global economy. But now they are no longer significantly large, so such a meeting has to expand to 20, said Bush.     "We learn lessons from the past that we are intervened in close coordination with each other," he said.     As the 43rd U.S. president, Bush spoke out the fact that he had maintained good personal relations with China. He said making friends with Chinese leaders made it easier to do diplomacy. Long Yongtu (L), Secretary General of Boao Forum for Asia (BFA), gives a speech while former U.S. President George W. Bush listens at a dinner session in Boao, a scenic town in south China’s Hainan Province, April 18, 2009. Bush gave a keynote speech on the dinner session titled "The U.S., Asia and the Future" here on Saturday. He said changes in China are marvelous, and to have discussions without China sitting at the table makes no sense.     He stressed the world must resist isolation and protectionism, and must resist the temptation to over-correct.     "More we interact, more quickly we can succeed," he said.     In mid-March, Bush gave his first speech after leaving office in Calgary of Canada, which stirred up a protest of 200 people and shoe throwing outside the event, according to media reports.

BEIJING, March 2 (Xinhua) -- The Communist Party of China Central Commission for Discipline Inspection (CCDI) has held a meeting here Monday, urging its officials to incorporate the Scientific Outlook on Development into their thoughts and behaviors.     During a meeting that summarized the study of the Scientific Outlook on Development for the commission, officials were told to "fully realize" the current situation of the country's economic development and "match their thoughts and behaviors with the central government's policies on promoting the scientific development".     The commission urged the officials to carefully monitor the implementation of the central government's policies on stimulating domestic demand and solve the issues that harm people's interests.     The commission stressed the supervision of officials' ruling behaviors and vowed to prevent corruption from spreading in the government organizations.     He Guoqiang, secretary of the CCDI and also member of the Standing Committee of the CPC Central Committee's Political Bureau, attended the meeting.