China expresses concern over aviation safety after DPRK rocket

 

 

 

 

>>  China expresses concern over aviation safety after DPRK rocket     

By Liao Lei

China on Thursday of March 6 said it attaches great importance to the safety of civil aviation and “relevant country” should follow international practice to ensure the security of civilian facilities in airspace and maritime space.

A foreign ministry spokesman made the remarks in response to reports that neighboring Democratic People’s Republic of Korea (DPRK) had launched rockets into airways.

The Republic of Korea (ROK) has reportedly claimed that the DPRK’s artillery launch on Tuesday of March 4 happened minutes before a Chinese commercial plane crossed the same area.

Qin Gang said no specific matters related to China’s civil aviation safety were reported on Tuesday. But, “we will check the situation with relevant parties and express our concern which is necessary.”

“I want to stress here that we attach great importance to the security of China’s civilian flights,” Qin Gang said at a regular press briefing.

“If any country is to hold training or exercises, it should take measures in accordance with international practice to ensure the safety of civil (facilities) in relevant airspace and maritime space,” Qin said.

The spokesman also called on parties to keep restrain, prevent escalation and preserve peace and stability on the Korean Peninsula.

 

 

 

 

>>  Chinese State Councilor, U.S. National Security Advisor 

discuss Ukraine over phone

By Shuai Anning

National Security Advisor Susan Rice on the situation in Ukraine.

During their telephone conversation, Rice briefed Yang on the U.S. view and position.

Yang, for his part, expounded China’s principled stand on Ukraine’s situation.

Yang stressed that the legitimate rights and interests of all ethnic groups in Ukraine should be accommodated in handling the Ukraine issue.

It should be the top priority that all parties exercise restraint and strive to settle the crisis through political and diplomatic means so as to prevent the situation from being further aggravated, said Yang

The two sides also exchanged views on China-U.S. relations.

 

 

 

 

>>  China’s reform to bring opportunities for cooperation with U.S.: expert     

By Zhu Dongyang

China’s comprehensive reform will not only benefit its future development, but also provide opportunities for China-U.S. cooperation in various fields, a Chinese expert has said.

Zheng Xinli, executive vice president of the China Center for International Economic Exchanges, made the remarks during a four-day visit to the United States to introduce policies made last year at the third plenum of the 18th Central Committee of the Communist Party of China (CPC).

In response, the U.S. side spoke highly of the CPC’s determination and courage in adhering to reform and opening up. The U.S. side believed that more exchanges and enhanced mutual trust are important for the sound development of bilateral relations.

During the visit, Zheng met officials, attended a seminar and exchanged ideas with media outlets such as The Washington Post and The Wall Street Journal.

 

 

 

 

 

>>  U.S. may levy duties on monosodium glutamate from China    

By Zheng Qihang

The U.S. Department of Commerce on Wednesday of March 5 announced its preliminary affirmative determination in the countervailing duty investigation against imports of monosodium glutamate from China, signaling that it may pose punitive duties on the products.

The department alleged that Chinese producers and exporters of monosodium glutamate had received countervailing subsidies from 13.41 percent to 404.03 percent.

The department launched anti-dumping duty and countervailing duty investigations against imports of monosodium glutamate from China on Oct. 24, 2013, at the request of Ajinomoto North America.

The Illinois-based company claimed that monosodium glutamate from China was sold at less than fair value in the U.S. market, with a dumping margin ranging from 64.77 percent to 204.69 percent and additional subsidies.

The department is scheduled to make its final decisions in May 2014, unless the statutory deadline is extended.

Punitive duties would be imposed after both the Department of Commerce and the U.S. International Trade Commission make affirmative final rulings. The latter is scheduled to make its final determination in July 2014.

In 2013, imports of monosodium glutamate from China were at an estimated 33.5 million U.S. dollars, according to the Department of Commerce.

The Chinese Commerce Ministry has repeatedly urged the United States to honor its commitment against protectionism and work together with China and other members of the international community to maintain a free, open and just international trade environment.

 

 

 

 

>>  China urges Japan to address concerns over weapons-grade nuclear material     

By Wang Tengfei

China urged Japan to address concerns over Japan’s weapons-grade nuclear material during a UN nuclear agency meeting on Tuesday of March 4, a senior Chinese diplomat said.

China has great concerns about a report that Japan refuses to return to the United States its large stockpile of nuclear material, including 300 kg of weapons-grade plutonium and 200 kg weapons-grade uranium, said Cheng Jingye, China’s envoy to the International Atomic Energy Agency (IAEA).

He urged Japan to clarify the issue and take substantive steps to address the concerns over the issue.

While most of the civilian-use nuclear plants only need relatively lower enriched or quality nuclear fuel, a large stockpile of weapons-grade uranium and plutonium could be used as the fuel of nuclear bombs.

The large stockpile of weapons-grade nuclear material has potential nuclear proliferation risks, though the material is under the agency’s safeguard, Cheng said.

Cheng noted Japan’s holding of a large amount of plutonium is obviously inconsistent with an IAEA document of Guidelines for the Management of Plutonium, which stresses the importance of balancing supply and demand of plutonium.

The Chinese envoy said that the IAEA should continue to monitor in a strict and effective manner those counties that do not have nuclear weapons but own a large quantity of nuclear material and facilities.

 

 

 

 

>>  China, Japan, South Korea start Trilateral Table Top Exercise 

on disaster management in Tokyo   

By Zhu Chao

Officials from China, Japan and South Korea started a two-day Trilateral Table Top Exercise (TTX) on Thursday of March 6 in Tokyo, which aims at increasing natural disaster coping capacity.

The second TTX on disaster management is participated by the Ministry of Foreign Affairs and the Ministry of Civil Affairs of China, Emergency Management Office of China’s State Council; the Ministry of Foreign Affairs and the Cabinet Office of Japan; the Ministry of Foreign Affairs and National Emergency Management of South Korea.

According to the Secretary General Iwatani Shigeo, “the 2nd TTX will increase mutual understanding of humanitarian assistance and disaster relief mechanisms and processes of the affected country ( Japan) and assisting countries (China and South Korea) in response to large-scale natural disasters.”

Besides officials of the three countries, experts from the United Nations Office for the Coordination of Humanitarian Affairs and Japan International Cooperation Agency will deliver presentations from international and local viewpoints.

The first TTX was held in Seoul, the capital of South Korea, in March 2013. As one of the outcomes of the third Trilateral Heads of Government Agency Meeting on Disaster Management held in Seoul, in October 2013, the heads of government agencies from the three countries reaffirmed their commitment to designing regular programs on TTX to prepare for natural disasters.

 

 

 

 

>>  China wants respect for rights of all Ukrainian ethnic groups    

By Tan Jingjing

China on Thursday of March 6 asked for respect and consideration of the legal rights of all ethnic groups in Ukraine.

Asked about China’s position on the Ukraine crisis, Foreign Ministry spokesman Qin Gang reiterated China’s support for settling the crisis through political and diplomatic channels.

The concerns of all parties should be addressed, he told a routine press briefing.

Qin said China’s decision making regarding Ukraine is based on a principled stance, the context of the issue, and the rights and wrongs of the conflict.

Earlier he said China always abides by the principle of non-interference in any country’s internal affairs and respects the independence, sovereignty and territorial integrity of Ukraine.

 

 

 

 

>>  Women issue should be important element in post-2015 

development agenda: Chinese envoy     

By Pei Lei

Women issue should become an important element in the post-2015 development agenda, a Chinese envoy said on Thursday of March 6.

Wang Min, China’s deputy permanent representative to the UN, made the remarks at the opening of a high-level meeting of the General Assembly on “The Contributions of Women, the Young and Civil Society to the Post-2015 Development Agenda.”

“Promoting gender equality and protecting the rights and interests of women are important symbols for social development and world progress,” Wang said.

China is in favor of setting a stand-alone goal for women in the post-2015 development agenda, with an emphasis being placed on their economic development and poverty eradication, he said.

Besides, while elaborating the goals for employment, health and education in the post-2015 development agenda, it is also necessary to give adequate consideration to the special needs of women, so as to address various challenges faced by women in their development, Wang said.

The envoy said next year will mark the 20th anniversary of the World Conference on Women in Beijing. “China welcomes and supports the forthcoming Beijing+20 commemorative activities, which will attract contributions in various forms from women’s organizations around the world to the formulation of the post-2015 development agenda.”

 

 

 

 

>>  Chinese envoy urges int’l community to realize aid commitments for Libya     

By Ge Chen

China’s Middle East Special Envoy Wu Sike on Thursday of March 6 called on the international community to realize aid commitments for Libya while fully respecting the northern African country’s sovereignty, independence and unity.

Wu made the remarks while addressing a ministerial conference in Italy on international aid for Libya.

Praising Libya’s efforts and positive progress in pushing for political transition and economic reconstruction, Wu pledged support for a leading role of the United Nations in Libya’s reconstruction.

China is dedicated to promotion of friendly cooperation with Libya in all fields, Wu said.

China has offered help in Libya’s political transition and economic reconstruction within the radius of its capacity and is willing to continue to contribute to the process together with the international community, he said.

Also on Thursday, Libyan Prime Minister Ali Zeidan met with Wu in Italy and both sides exchanged views on bilateral ties and the post-conflict reconstruction in Libya.

During the meeting, Zeidan thanked China for its assistance.

Zeidan said Libya values relations with China and is willing to reinforce cooperation with China in all fields, expressing hope that more Chinese firms will return to Libya soon to take part in the country’s reconstruction.

Wu said China encourages Chinese enterprises to take part in Libya’s reconstruction and is hoping to further China-Libya cooperation in all fields and promote a healthy, stable bilateral ties.

 

 

 

 

>>  Brunei, China to strengthen trade cooperation  

By Zheng Jie

Brunei-China Friendship Association (BCFA) signed here on Thursday of March 6 a cooperation agreement with China Foreign Trade Center (CFTC) in light of the common interest on the part of both parties in developing mutually beneficial cooperation.

Signing for BCFA was its president Dr. Hj Kamaruddin, while Xu Bing, vice director general of CFTC signed on the other end which valid for a period of one year.

Both parties will make contributions to strengthening ties between businesses in China and BCFA in their respective fields and also to strengthening cooperation between Chinese and BCFA business institutions, with public promotion, mutual visits, trade fair and exposition, business travel and consultancy as major instruments for achieving the above-mentioned purpose.

According to the agreement, BCFA agrees to, firstly, facilitate promotion for the China Import and Export Fair (CIEF or Canton Fair), with BCFA’s relevant resources, that included its website and public relations resources. Secondly, BCFA will require providing reports on a regular basis to CIEF on business information of local market, which include but not limited to local market situation, local buyer information, demand and feedback for the benefit of CIEF. Thirdly, BCFA will encourage local enterprises and organize delegations to exhibit at CIEF or other fairs organized by CFTC according to the information provided by CFTC. BCFA shall also offer assistance to the CFTC’s visiting delegation in facilitating its promotional activities to attract prospective buyers and exhibitors, such as arranging business activities with local government and business institutions and arranging the venue, and associated cost will be borne by CFTC and assist in the marketing research and performance review by CIEF on the cooperative partners, and offer suggestions and advice for the cooperation.

Meanwhile, CFTC agrees to provide BCFA’s visiting delegations to CIEF, with assistance and favorable VIP services including interpreter assistance for BCFA and accommodation booking assistance. CFTC shall also provide BCFA’s exhibitors and buyers with assistance for exhibiting at the CIEF and provide BCFA with promotional materials of the CIEF and information of other exhibitions organized by the CFTC for the latter to extend them to the local enterprises.

 

 

 

 

>>  Indonesia-China cooperation to benefit the whole region– new Indonesian envoy 

By Zheng Shibo 

The cooperation between Indonesia and China would be beneficial not only to the two countries but also to whole region, according to Sugeng Rahardjo, the new Indonesian ambassador to China.

During a recent interview here with Xinhua before taking his post in China, Ambassador Sugeng said that since China and Indonesia are the two largest economies in Asia, their comprehensive cooperation would certainly hasten the realization of what economists dubbed as the “Asian Century.”

Sugeng, the former Inspector General in the Indonesian Foreign Ministry, has served as Indonesian ambassador to South Africa in 2005-2009. He was named ambassador to China and Mongolia last December, replacing Ambassador Imron Cotan. He left for China at the end of last month.

The 60-year-old veteran diplomat said he will boost Indonesia- China cooperation in many sectors not only in the bilateral level but also in the regional and global levels.

“One of the areas that need to be highlighted in the growing Indonesia-China cooperation is connectivity,” Sugeng said.

The Ambassador noted that Indonesia-China cooperation in infrastructure development will contribute towards greater connectivity between ASEAN and China, and in a larger scale, these efforts would enhance connectivity within the Asia Pacific region.

The visit of Chinese President Xi Jinping and the agreement to establish a comprehensive strategic partnership last year serve as the foundation of a stronger Indonesia-China cooperation, the ambassador said.

To further promote the Indonesia-China cooperation, the new ambassador said that he will work for the expansion of the bilateral trade between Jakarta and Beijing to 100 billion U.S. dollars during his tenure until 2017 from the 66 billion dollars in 2012.

Besides, Sugeng said, he will make efforts to attract more Chinese investors to Indonesia and further boost the two countries ‘ tourism cooperation.

“I hope to develop Indonesian study centers in some of the bigger cities in China as an effort to boost the exchange of the two countries’ culture, tradition and way of life,” Sugeng said.

Sugeng said that Indonesia-China relations are solid, mutually beneficial, and continuously growing.

“Since the normalization of bilateral diplomatic relation in 1990, the ties between the Indonesian and Chinese people have become stronger,” the ambassador added.

Indonesia will hold a general parliamentary and presidential election in 2014 and produce a new parliament and government, but that will not influence the current bilateral relations with China, Sugeng said.

Sugeng said the ties between Indonesia and China are not based on a single event but on shared agenda for regional growth and stability. He said that as a comprehensive strategic partner, China’s importance to Indonesia goes beyond the country’s domestic politics.

“Governments and leaders may change, but Indonesia’s interest in building a strong cooperation with China will not change,” the ambassador stressed.

 

 

 

 

>>  Australian FM sends letter of condolences over Kunming attack     

Australian Foreign Minister Julie Bishop has sent a letter of condolences to her Chinese counterpart Wang Yi over the brutal attack in southwest China’s Kunming city that left 29 civilians dead. The letter was made available on Thursday of March 6.

“On behalf of Australian Government and the people of Australia, I wish to extend condolences and deepest sympathy to the victims of the recent attack at Kunming railway station and their families, ” Bishop said in the letter dated March 5.

“The Australian Government condemns this brutal attack on innocent people,” she said.

“Like many Australians, I have been shocked by this violent and indiscriminate attack. My thoughts are with the Chinese people,” Bishop said.

Australian Ambassador to China Frances Adamson also condemned the attack on Monday.

In her statement, Adamson said “Australians have been shocked by the violent and indiscriminate attack by a knife wielding mob at Kunming railway station resulting in multiple deaths and horrific injuries.”

“The Australian Government condemns this brutal attack on innocent people and extends its condolences and deepest sympathy to the victims and their families.”

More than 10 terrorist suspects stabbed and slashed passengers with long-bladed knives at the square and ticket hall of Kunming Railway Station on Saturday evening, killing 29 people and injuring more than 130 others.

Evidence show that the terrorist attack was planned and organized by separatist elements from Xinjiang of West China.

 

 

 

 

>>  2 Chinese arrested in Ghana for human trafficking   

By Lin Xiaowei

Two Chinese nationals are set to go on trial here for allegedly trafficking seven Vietnamese into Ghana, local reports said here on Wednesday of March 5.

According to local Joy f, radio station, the two were said to have been arrested after surveillance mounted on their activities since last November, by the police with support from ace investigative Journalist Anas Aremeyaw Anas.

The director of the anti-human trafficking unit of the Police Service, Patience Quaye, who named one of the two Chinese as Hwan Se Hui, 49, explained that the two culprits were part of an international ring of human traffickers and were arrested by the police in their base in Takoradi, Wednesday.

“The suspects promised to send the Vietnamese women to work in a factory in the U. S. but rather brought them to Takoradi, Ghana, where they worked as prostitutes for several months,” Quaye added.

Quaye said the police had initially received information from the International Police Agency (Interpol) that some Vietnamese women were being trafficked to an unknown destination and alerted them to be on the lookout.

She said after tracking some contact numbers provided by Interpol it was realized the women had been trafficked into Ghana and so they had to alert all stakeholders to support them in arresting the traffickers.

Quaye said the suspects will quickly be prosecuted in Ghana and if found guilty would be jailed right here in Ghana.

“The victims will then be taken through some counseling session by the Gender Ministry, before they will be returned to Vietnam,” she said.

 

 

 

 

>>  Malawi to court investors in China     

By Peng Lijun

An investment and trade delegation from Malawi will visit China to attract investment and create trade links, an official said recently.

The delegation made up of representatives from both private and public sectors will be in China between March 17 and 20 to showcase investment opportunities in Malawi, said Deliby Nyale, an officer of the Malawi Investment and Trade Center.

“The investment mission to China will increase Malawi’s visibility through interaction with investors and high-level officials,” she noted.

“We will also identify investor needs and Chinese business outlook through interaction. The mission will also publicize in a targeted manner investment projects that Malawi offers in sectors including mining, energy, infrastructure development, and agro-processing.”

Malawi would also market the electrification project to potential investors in a bid to develop the southern African country’s energy sector, said Nyale.

 

 

 

 

>>  Chinese, UK groups sign memorandum on shipping services cooperation 

By Peter Barker

The Chinese and British shipping industries are set to take their mutual cooperation to a higher level following the signing of a memorandum of understanding (MOU) on Wednesday.

The MOU was signed by the Lord Mayor of London Fiona Woolf, Vice President of the Investment Committee at China Merchants Group Yu Liming, chairman of Maritime London Jeffrey Evans, and the chief executive of Maritime London Doug Barrow.

Woolf said, “The signing of the Memorandum of Understanding is very important for China, the UK, and the global shipping industry.”

Woolf added, “I’m delighted that it has objectives that provide opportunities for both Maritime London and UK-based shipping companies to further expand into China, and for companies in China’s shipping industry to benefit from global expertise. The signing today underlines that London is open for business — and for maritime business in particular.”

Evans said, “We are identifying inward investment opportunities for China Merchants Group as well as looking to them to help our members maximise their positions in China, especially looking at the new Free Trade Zones.”

China Merchants Group is a Chinese state-owned enterprise with a strong presence in the shipping sector, and Maritime London represents businesses based in Britain involved in maritime services.

 

 

 

 

>>  2014 Armory Show features exhibition of Chinese contemporary art

By Liu Li

The 2014 Armory Show devotes a special section to a curated exhibition of contemporary art from China, the organizer said on Wednesday of March 5.

Noah Horowitz, executive director of The Armory Show, said that the exhibition dubbed as Armory Focus: China “ultimately aims to demonstrate that China is not just a site for great new art, but a place where current art world models are being made and remade, and where serious collecting is happening at an ever larger scale. ”

Philip Tinari, director of Beijing-based The Ullens Center for Contemporary Art, will curate Armory Focus: China, shining new light on the country’s contemporary cultural practice.

On lending his curatorial vision to the project, Tinari said ” China is central to the makeup of the world system today in ways that are well understood on the level of geopolitics but have not yet been fully elaborated in the realm of culture … this section aims to change that.”

To showcase the diversity of both artistic production and the art system in China, the section will include curated presentations by some 20 artists from diverse generational and regional backgrounds, ranging from the “Stars” generation of the late 1970s through the booming post-Mao generation born after 1975.

As New York’s leading fair for modern and contemporary art, the 16th annual Armory Show opened Wednesday and runs through Monday. A seminal event in the annual New York art calendar, the fair spearheads Armory Arts Week, a city-wide program of cultural events and exhibitions.

 

 

 

 

>>  New air route links N China, Russia    

By Han Xiaojing and Yu Jia

A new air route was launched between Manzhouli City in north China’s Inner Mongolia Autonomous Region and Novosibirsk in Russia on Thursday of March 6.

A CRJ200 airplane of a Russian airline will fly between the two cities every Thursday, according to staff from Manzhouli International Airport.

The flight is scheduled to depart Novosibirsk at 11:45 a.m. (Beijing Time), and arrive in Manzhouli three hours and 25 minutes later. The aircraft will then leave Manzhouli at 4:45 p.m. (Beijing Time) and arrive back in Novosibirsk after flying for three hours and 50 minutes.

It is hoped that the new route will boost economic and tourist cooperation between the two sides. Manzhouli port bears more than 60 percent of China-Russia trade via land transport.

 

 

 

 

>>  China ranks most competitive localities     

By Tian Ying

Two coastal provinces, Jiangsu and Guangdong, together with Beijing, were ranked among the three most economically competitive localities on the Chinese mainland in 2012, according to a blue paper released on Thursday of March 6.

The blue paper on the economic competitiveness of 31 provincial-level localities on the Chinese mainland, was published by the Social Sciences Academic Press.

According to the blue paper’s ranking, the top three competitive localities were followed by the city of Shanghai, Zhejiang and Shandong provinces. Anhui and Jilin provinces registered the biggest progress in terms of economic competitiveness.

At the bottom of the chart is the Tibet Autonomous Region.

The report used data on the economic conditions of the 31 provincial regions between 2011 and 2012. The areas were assessed using major indices such as macro-economy, industrial mix, finance and taxation, sustainable development, and scientific innovation, among other fields.

 

 

 

 

>>  460,000 Xinjiang residents to gain electricity access in 2014   

By Liu Bing and Liang Saiyu

A total of 460,000 residents in northwest China’s Xinjiang Uygur Autonomous Region will gain access to electricity in 2014, power grid officials said on Thursday of March 6.

On Thursday, a power transmission project began in Tuoyun Village of Wuqia County in the westernmost area of Xinjiang, where nearly 3,700 nomads will be able to bid farewell to candlelight.

Yang Chi, manager of the Wuqia branch of State Grid Electricity Power of Xinjiang, said the project with investment of 7.97 million yuan (1.3 million U.S.dollars) is expected to be completed by the end of April.

New electricity transmission lines will stretch into Aksu, Kashgar, Hotan and Kirgiz Autonomous Prefecture in the south of the region, with investment of 2.08 billion yuan, said Zhao Qingshan, vice president of the Xinjiang branch of the State Grid Corporation.

The extended networks will help 460,000 residents who have remained the only group in the region without power to get rid of candles and diesel engines in 2014, a year in advance of the scheduled date, according to Zhao.

Zhao said that by the end of 2013, more than 521,500 residents in seven areas, including Hami and Altay, had gained access to electricity thanks to a policy carried out in 2010.

Covering 1.66 million square kilometers, the Xinjiang Uygur Autonomous Region covers roughly one-sixth of the nation’s land area. Accessing power has been hard for people living in remote deserts or forests.

 

 

 

 

>>  “Gravity” inspires Chinese space scientists    

By Fu Shuangqi, Ji Shaoting, Wang Wen, Yan Qilei and Hu Xing

A Chinese spaceship plays a key part in Dr. Ryan Stone’s thrilling journey back to Earth in the Oscar-winning film “Gravity.”

In real life, the chief designer of China’s spaceships found the film more than merely entertaining; it was “very inspiring.”

Zhang Bonan, chief designer of the country’s spaceship program, told Xinhua on Thursday of March 6 that he had a professional interest in the movie.

As a national legislator, he is in Beijing attending the ongoing annual parliamentary session, and was happy to discuss how “Gravity” both reflects and affects his work in the week in which it won seven Oscars, including the heavyweight Best Director award.

“I am glad a foreign film portrays China’s space program,” he said. “It is a good promotion of us.

“The parts in the film about China’s space station and spaceship are largely fictional. But I got a few ideas from them.”

For instance, it is important to prepare for the threats from space debris, especially on the near-Earth orbit, he said.

In the film, pieces of debris hit a U.S. shuttle and completely change the fate of four astronauts, including the only survivor of the crash, Dr. Stone, played by Sandra Bullock.

Although the film’s presentation of the waste matter floating about in space is a bit too dramatic, such accidents might happen if human beings do not keep the near-Earth orbit uncluttered, Zhang said.

Scientists have made efforts in this regard. Carrier rockets are designed to re-enter the atmosphere and burn up after finishing their tasks.

Tiangong-1, China’s space lab currently under operation, will have enough fuel to re-enter the atmosphere after its mission ends, according to Zhang.

“This film not only shows us the beauty of space but also the danger. Manned space programs are highly risky,” he noted.

There are other details in “Gravity” that interest the 52-year-old space engineering expert.

In the film, the U.S. astronaut experiences great difficulty in entering China’s space station from outside. In reality, that maneuver would be almost impossible.

“I think, when improving design in the future, we should think about how to enable a quicker and easier entry into the space station when there is an emergency,” Zhang said.

Other Chinese space scientists shared similar opinions about the film.

Liang Xiaohong, Party chief of the China Academy of Launch Vehicle Technology, told Xinhua that he liked its imagination and creativity.

“In my list, this is the best ever space film,” he said.

Ye Peijian, a top scientist with the Chang’e-3 program, the country’s lunar probe mission, said he is glad that a space film has proved popular.

“A film like this is an efficient and lovely way to introduce complicated space science to ordinary people,” Ye believes.

 

 

 

 

>>  China approves more nuclear power projects: report    

By Zhan Yan

China has approved at least six nuclear power facilities since it started obliging prospective new projects to be examined and green-lit at the end of 2012, a report in Thursday’s Shanghai Securities News said.

Though none of them has publicly announced a start to construction, some may begin work this year amid the country’s efforts to reform patterns of energy output and consumption, the newspaper cited an anonymous source as saying.

China’s installed nuclear power capacity equated to about 1.17 percent of the country’s total installed power capacity at the end of 2013.

The country’s installed nuclear power capacity stood at 14.61 million kilowatts (kw) at the end of last year, up 16.2 percent on an annual basis. At the same time, China’s total installed power capacity topped 1.25 billion kw, up 9.3 percent year on year, said the National Energy Administration (NEA) in February.

In 2013 alone, the country’s installed power capacity climbed by 94 million kw, including 2.21 million kw from nuclear power, according to the NEA.

 

 

 

 

>>  Chinese stocks gain, led by property   

By Zhang Zhongkai

Chinese shares gained slightly on Thursday of March 6 as property-related shares posted strong performances upon official interpretation of the sector’s future development.

The benchmark Shanghai Composite Index grew 0.32 percent, or 6.49points, to finish at 2,059.58. The Shenzhen Component Index increased 0.74 percent, or 53.90 points, to close at 7,352.03.

Combined turnover on the two bourses expanded to 222.4 billion yuan (36.31 billion U.S. dollars) from 219.9 billion yuan on the previous trading day.

The property sector led the gaining trend as Qi Ji, vice housing and urban-rural development minister explained the two-way property market control policy on Thursday during a panel discussion of the ongoing session of the Chinese People’s Political Consultative Conference.

The policy aims to strengthen supply and contain speculation for first-tier cities while destocking cities with excessive supply of housing, echoing the idea of differential real estate management for different cities mentioned in Wednesday’ government work report.

No news is good news. The limited touch on property market control boosted market confidence in the real estate sector. China’s largest developer, Vanke, gained 8.28 percent to reach 7.32 yuan per share, while another property giant, Poly, grew 5.41 percent to reach 7.01 yuan per share.

Shares related to online education, securities trading and insurance also gained, while those related to shipping, Tesla electric cars and aerospace led the falls.

The ChiNext Index, a Nasdaq-style board tracking China’s growth enterprises, lost 0.14 percent, or 2.05 points, to end at 1,462.53 points on Thursday of March 6.

 

 

 

 

>> Macao int’l airport records 7 pct passenger growth in February

By Lin Juan

Macao International Airport (MIA) handled 420,000 passengers in February, up seven percent year-on- year, according to figures released on Thursday of March 6 by the airport.

MIA achieved continuous growth on passenger traffic volume and aircraft movement in February, due to the Chinese Spring Festival vacation. Passenger volume surpassed 420,000 and the average daily passenger volume of February was over 15,000.

For the whole February, MIA also recorded over 3,900 aircraft movements, an eight percent increases compared to the same period last year.

Moreover, passengers of the Chinese mainland and Taiwan increased 18 percent and 1.3 percent respectively year-on-year, while passengers of the Southeast Asia market presented slightly decline caused by the unstable factor of political situation.

MIA also released that, Jetstar Pacific Airlines will be launching Da Nang and Hanoi service starting on the March 28th, providing 21 air services per week between Da Nang to Macao and Hanoi to Macao.

 

 

 

 

>>  Suspects nabbed in SW China blast     

By Hu Xing and Liang Saiyu

Police have arrested suspects in a fatal explosion at a gambling den in southwest China’s Guizhou Province, said local authorities on Thursday of March 6.

Two suspects, both surnamed Yang, allegedly conspired to commit robbery after setting off a bomb at a gambling site on a remote mountain slope in Laoshan Village of Kaili City, according to the provincial public security department.

Fifteen people were killed in the blast, which occurred at 2:40 p.m. on Jan. 13. Another seven people were injured.

The casualties were people who had gathered at the site to gamble.

 

 

 

 

>>  Minibus accident kills 6 in SW China    

By Huang Yi and Lü Dong

A minibus fell into a river in southwest China’s Sichuan Province on Thursday of March 6, killing six people on board, local authorities said.

The minibus hit the fence of a bridge in Yilong County of Nanchong City and fell into the river. Six passengers died in the accident, the driver was rescued.

Search and rescue is still going on as it is believed that a seventh passenger is missing.

Authorities said the depth of the river, 14 meters, and the water’s cold temperature have made rescue difficult.

 

 

 

 

>>  7 missing after minibus plunges into lake in SW China    

By Huang Yi and Qiang Lijing

Seven people remain missing after a minibus plunged into a lake in southwest China’s Sichuan Province on Thursday morning of March 6, local police said.

The accident happened around 9:45 a.m. in Yilong County in the city of Nanchong when the 20-seat minibus carrying eight people veered off the road, broke the guardrail and plunged into Boyang Lake, according to the county’s public security bureau.

Only the driver was rescued. The police are still searching for the missing people. An investigation into the cause of the accident is under way.

 

 

 

 

>>  Subway service resumes in NE China city   

By Zhou Yan and Qiang Yong

Subway service resumed on Thursday of March 6 in Harbin, capital of northeast China’s Heilongjiang Province, after a two-hour suspension caused by power failure.

Harbin’s subway line 1, which opened in September, resumed operation at 12:36 p.m., Harbin Metro said in a press release.

A power failure suspended underground traffic in Harbin at 10:20 a.m. and thousands of passengers were evacuated from trains and stations for safety considerations, the press release said.

It did not say what caused the power failure.

Line 1 is the only subway route in operation in Harbin. The 17-km route transports approximately 130,000 passengers daily.

The route is part of a planned 340-km underground traffic network to become operational by 2028.

 

 

 

 

 

 

 

 

 

 

 

>>  Agendas for NPC, CPPCC annual sessions on March 7, 2014    

By Fu Shuangqi

Following are the agendas for the second sessions of the 12th National People’s Congress (NPC) and the 12th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) on Friday of March 7.

 

NPC:

• NPC deputies will hold panel discussions about the national economic and social development plan and central and local budgets.

• At 9 a.m., Minister of Commerce Gao Hucheng will give a press conference at the press center of the two sessions.

• At 9 a.m., panel discussions by delegations from Shaanxi, Inner Mongolia and Zhejiang will be open to media.

• At 3 p.m., panel discussions by delegations from Hebei, Heilongjiang, Hong Kong and Jiangsu will be open to journalists. Details of the locations are available at www.npc.gov.cn/pc/12_2.

 

CPPCC:

• At 9 a.m., members of the 12th CPPCC National Committee will hold panel discussions on the government work report.

• At 3 p.m., the CPPCC National Committee will hold a plenary session, at which several members will give speeches.

• At 9 a.m., two panel discussions about the government work report will be open to journalists from Hong Kong, Macao, Taiwan and foreign countries. Details of the activities can be found at www.cppcc.people.com.cn.

• At 10:30 a.m., four national political advisors will give a press conference about consultative democracy at the press center of the two sessions.

 

 

 

 

>>  Chinese president encourages incentive to push reform    

By Fu Shuangqi

President Xi Jinping on Thursday of March 6 encouraged south China’s Guangdong Province to make broader move in economic reform and opening up.

Guangdong has been the frontline of China’s reform and opening-up for more than 30 years and should continue doing so, Xi said when joining a panel discussion with lawmakers from the province at the ongoing annual parliamentary session.

“You should continue to play a leading role in trying new things and exploring new areas (in future reforms),” he said.

He urged the province to speed up building modern market economy and transforming government functions, as well as adopt more active opening-up policies.

The legislators from Guangdong discussed reform, innovation, youth education and social management at the panel meeting.

The annual session of the National People’s Congress opened on Wednesday of March 5.

 

 

 

 

>>  Chinese leaders stress reform in discussions with lawmakers, advisors  

By Cao Kai

Premier Li Keqiang and other Chinese leaders on Thursday of March 6 joined lawmakers and political advisors in examination and deliberation of a government work report, calling for efforts to push reform.

The report was delivered by Li at the opening of the annual session of the National People’s Congress (NPC), China’s top legislature, on Wednesday.

In his discussion with NPC deputies from Shandong Province, Li noted that China still faces a severe and complicated economic landscape this year, and he urged stable and sound growth through reform and innovation.

He said the government should leave what can be handled by the market to the market, and create a fair environment for enterprises to release market vitality and social creativity.

Reform and development should benefit all the people, Li said.

In his discussion with lawmakers from Qinghai, Li said it is imperative to keep a balance between economic growth and ecological protection in the ecologically fragile province, where lie the headstreams of China’s three major water courses, the Yangtze, Yellow and Lancang rivers.

Yu Zhengsheng, chairman of the National Committee of the Chinese People’s Political Consultative Conference, the country’s top political advisory body, joined advisors from the Zhigong Party and those representing personages with no party affiliation.

He urged the political advisors to focus on the deepening of reform and other issues of broad public concern when making proposals for the government.

Yu also attended a discussion of the NPC deputies of Taiwan origin, calling for efforts for peaceful development of mainland-Taiwan ties.

Vice Premier Zhang Gaoli called for greater courage to push reforms in various areas when he joined the discussion of the lawmakers from Tianjin Municipality.

He said that the market’s role in resources allocation should be brought into full play, and urged major progress in the fiscal and tax reform this year.

 

 

 

 

>>  Top legislator on universal suffrage of HK chief executive     

By Guo Likun

China’s top legislator Zhang Dejiang on Thursday of March 6 called for a smooth election of Hong Kong’s next chief executive by universal suffrage.

Zhang, chairman of the Standing Committee of the National People’s Congress (NPC), made the call during a panel discussion with lawmakers from Hong Kong at the ongoing annual parliamentary session.

“It has been the persistent standpoint of the central government to support the Hong Kong Special Administrative Region (HKSAR) in developing democracy step by step in accordance with the HKSAR Basic Law,” Zhang said.

Realizing universal suffrage in the chief executive election, an important change in Hong Kong’s political system, is related to Hong Kong’s long-term prosperity and stability as well as national sovereignty, security and development, he said.

The universal suffrage must be in line with Hong Kong’s actual situation, the HKSAR Basic Law and related NPC Standing Committee decisions, Zhang said, adding that the chief executive must love the country and Hong Kong.

Zhang said the “one country, two systems” policy has been a success. He called for confidence in the policy to ensure prosperity and stability in the region.

The top legislator encouraged NPC deputies from HKSAR to actively take part in public consultation, engage in practical discussion and reasonable communication, and pool consensus, in a bid to create favorable conditions for realizing universal suffrage in the chief executive election.

The SAR government launched a public consultation in December on the methods for selecting the chief executive in 2017 and for forming the Legislative Council in 2016.

Zhang also expressed his hope that the deputies could give full support to the HKSAR chief executive and government in exercising their administration as mandated by law.

While participating in a panel discussion with lawmakers from Macao SAR, Zhang said the country’s current comprehensive reform has brought new opportunity for Macao.

Macao should make good use of this opportunity and be prepared for adversity while in prosperity and work on long-term plans, Zhang said.

The top legislator hoped the deputies from Macao to continue to support the chief executive and government in realizing all-round and sustainable economic social development in the region.

 

 

 

 

>>  China finance minister downplays GDP target, stresses employment  

By Cheng Jing

China’s Finance Minister Lou Jiwei on Thursday of March 6 called for more comprehensive understanding on the country’s growth target this year instead of merely fixating on the 7.5-percent figure.

GDP growth, inflation and employment are all key factors that should be taken into consideration when assessing economic conditions, Lou stressed at a press conference on the sidelines of the annual session of the National People’s Congress, China’s top legislature.

Premier Li Keqiang announced on Wednesday the country will target an unchanged 7.5 percent GDP growth in 2014, while vowing to keep inflation at around 3.5 percent and create 10 million more urban jobs to ensure the registered urban unemployment rate does not rise above 4.6 percent.

Noting that the report used “around” for those targets, Lou said that a growth of 7.3 percent or 7.2 percent can still be counted within that range.

“Whether the final reading is at a touch more or less than the 7.5 percent target is not that important. Employment is the key,” he added.

Lou said the country’s ongoing tax reforms in the service industry will help boost jobs in the sector, which has contributed a substantial part of jobs created last year.

The trial of replacing business tax with value-added tax will be expanded to railway, post and telecom services this year, according to the government work report.

 

 

 

 

>>  Xinjiang chairman blames overseas forces for separatist activities   

By Gui Tao, Ren Ke, Sun Yi and Li Laifang

A top government official from far west China’s Xinjiang Uygur Autonomous Region blamed the separatist activities in the ethnic area on overseas forces on Thursday of March 6, saying that they will never achieve their purpose.

“We will be on high alert against those instigators. They are dreaming of splitting Xinjiang from our great motherland everyday,” Nur Bekri, chairman of the regional government, told reporters while attending the annual session of the country’s top legislature in Beijing.

He vowed a resolute crackdown on separatism, terrorism and extremism in Xinjiang with an “iron fist.”

“Terrorists do not stand for any ethnic group or any religion,” he said, noting that people of all ethnic groups in Xinjiang strongly condemn any form of violence and terrorism.

Nur Bekri said that violent terrorist activities is becoming active in Xinjiang and the region enters a critical period in combating separatism.

His remarks came days after knife-wielding assailants killed 29 civilians and injured another 143 at a railway station in the southwestern Chinese city of Kunming. Evidences pointed the attack to terrorists from Xinjiang.

Nur Bekri also defended China’s ethnic policy, calling it the best in the world.

“Some people are always pointing their fingers at China’s ethnic policy. They must have ulterior motives,” he said.

 

 

 

 

>>  Uygur teacher separatism probe ”in line with law”: Xinjiang chairman   

By Gui Tao, Sun Yi and Ren Ke

The ongoing investigation into the separatist activities of a Uygur teacher is in line with China’s law, said Nur Bekri, chairman of the regional government of northwest China’s Xinjiang Uygur Autonomous Region on Thursday of March 6.

“The facts are clear and the evidences are irrefutable,” Nur Bekri, who was attending the annual session of the country’s top legislature in Beijing, told reporters after a panel discussion.

Police authorities said in January that a meticulous investigation had proved that Ilham Tohti, a Uygur teacher from Minzu University of China in Beijing, formed a separatist group headed by him and undertook separatist activities under the disguise of his identity.

“China is a country ruled by law. We will safeguard his legal rights while he is under investigation,” Nur Bekri said.

 

 

 

 

>>  Rural land transfer shall not be forced: minister   

By Zuo Wei

China’s agricultural minister Han Changfu stressed on Thursday of March 6 that rural land transfer should be carried out in a gradual and orderly manner and shall not be forced as local governments rush to achieve their reform goals.

“Rural land transfer should be bound by law, made voluntarily, and with compensation,” Han told the press conference on the sidelines of the annual session of the National People’s Congress, the country’s top legislature.

Han’s remark was in response to the phenomenon that some Chinese local governments set targets for implementing rural land transfer and forced farmers to transfer their land-use rights, amid the country’s latest drive to deepen rural reform.

In China, urban land is owned by the state, and rural land is normally under collective ownership. Farmers mostly have rights to use, but cannot directly sell or mortgage land.

Lured by better employment and salaries, as many as 260 million farm workers have left the countryside for cities. A side effect of the exodus is a vast amount of land being left uncultivated.

Authorities have taken moves to make better use of such land. According to a key plenum of the Communist Party of China in November, farmers will be allowed to transfer and mortgage their land-use rights, or turn the rights into shares in large-scale farming entities.

“It must be made clear that the subject of rural land transfer is farmers, not cadres,” Han said, stressing that the farmers’ interests should be fully protected.

Han also stressed that the land should be kept to farming purposes after the transfer is done.

China has vowed to keep 1.8 billion mu (120 million hectares) of arable land, an amount considered as a “red line” minimum to ensure food security.

 

 

 

 

>>  No timetable on total lifting of one-child policy: China’s health chief  

By Fu Shuangqi

China’s health department chief said Thursday that there is no timetable for allowing every couple to have second child.

The government will closely monitor the demographic situation and improve the family planning policy based on the changes, said Li Bin, minister in charge of the National Health and Family Planning Commission, at a press conference on the sidelines of the ongoing annual parliamentary session.

Li confirmed eight provinces have greenlighted the policy allowing couples to have second child if either of them is single child.

Last December, the Standing Committee of the National People’s Congress, the top legislature, adopted the policy and entrusted provincial congresses and their standing committees to make their own calls on implementation.

To facilitate implementation, health departments will improve infrastructure, such as maternity and pediatric hospitals, and simplify the procedures, Li said.

However, the basic family planning principle has not changed as the country is still the world’s most populous, she said.

Family planning is written into the Constitution as an essential state strategy and any adjustment requires a resolution by the top legislature.

The move to ease the policy followed steadily declining birth rates and changing demographics that reduce the working population.

 

 

 

 

>>  China’s war against pollution a daunting task 

By Cao Kai, Wang Min, Bai Lin and Ni Yuanjin

For Meng Lanzhi, founder of Hebei Tianzhu Iron and Steel (Group) Co. Ltd., smog is not just a health risk. It’s also bad for business.

“If smog reaches a serious level and the government initiates an emergency response, my plant has to cut half its production capacity,” said Meng, 65, a farmer-turned-businesswoman and also a deputy to the National People’s Congress (NPC), China’s top legislature.

“That means we have to produce 5,000 tonnes less steel every day,” said Meng, board chairwoman of the private steel manufacturer with 6,200 staff based in the port city of Tangshan in north China’s Hebei Province.

Premier Li Keqiang on Wednesday described smog as “nature’s red-light warning against the model of inefficient and blind development,” and said China will “declare war” on pollution.

Three decades of rapid industrialization and urbanization have brought wealth to millions of people like Meng in China. But the development has also caused severe environmental consequences such as smog, which in turn affects Chinese businesses.

Meng’s business currently only makes minimal profits because the price of steel has dropped due to overcapacity and sluggish demand. Yet she spent 100 million yuan (16.3 million U.S. dollars) last year on sewage treatment to meet the environmental standard set up by the municipal government.

What’s more, she is expected to invest another 200 million yuan to install equipment for coal gas reclaiming, dust cleaning and steam power generation to meet the government’s tough standards on pollutant discharge.

Tangshan plans to reduce the density of PM2.5, a key indicator of air pollution, by about 33 percent from 2012 levels by the year 2017. It also plans to cut iron production capacity by 28 million tonnes and steel production capacity by 40 million tonnes, also by 2017.

On the national scale, China plans to cut steel production capacity by 80 million tonnes by 2017, 75 percent of which lies in Hebei Province.

So far, Meng has not received notification from the Tangshan municipal government to reduce capacity, but she already feels the pressure and has taken the initiative to improve her plant’s discharge standards.

Environmental protection technologies for steel production are not mature in China, so Meng is perplexed about what kinds of equipment to procure.

Meng said environmental protection authorities should provide more information and services on equipment procurement in addition to their supervision efforts.

For smaller steel makers like Tangjia Iron and Steel Company, a private company with an annual production capacity of 1 million tonnes in Tangshan, the chances of survival are tougher.

The company is among 308 pollutant discharging companies designated by the Tangshan municipal government to be shut down or reduce capacity in 2013 for failing to meet environmental standards.

Two of the company’s five production lines have been ordered to be shut down, which will affect hundreds of workers’ lives.

Reducing steel production capacity by the 40 million tonnes designated by the municipal government — almost one-third of the city’s total capacity — will involve the resettlement of more than 400,000 people directly or indirectly engaged in the industry, according to Jiang Deguo, secretary of the Tangshan Municipal Committee of the Communist Party of China.

The government faces the pressing task of fostering new areas of growth to keep people employed.

Smog caused by a GDP-obsessed growth model and massive illegal discharges has covered almost all provinces and municipalities in east China, said Qin Dahe, an academician of the Chinese Academy of Sciences.

“The unpleasant air pollution control has exposed the problem of management,” said Qin, former head of China Meteorological Administration.

Qin called for the establishment of an effective trans-regional pollution control mechanism that can give early smog and pollution warnings and dynamically regulate emissions, he said.

The evaluation system for government and Party officials’ performance, once focused mainly on GDP, must also be changed to hold local officials accountable for environmental damages, said Ai Nanshan, a professor at Sichuan University in southwest China’s Chengdu City.

Efforts should also be made to eliminate outdated energy producers and industrial plants, which are the major source of air pollution, said Chen Guoying, head of the Hebei Provincial Environmental Protection Department.

China will cut outdated steel production capacity by a total of 27 million tonnes this year, slash cement production by 42 million tonnes and also shut down 50,000 small coal-fired furnaces across the country, according to the government work report delivered by Premier Li on Wednesday.

“The former path of high consumption and pollution and low profits has come to an end,” said Yu Yong, head of the Hebei Provincial Metallurgical Industry Association.

Cutting capacity is bound to lead to enterprise closures, said Wang Chang, an NPC deputy and head of the Hebei Provincial Industry and Information Technology Department.

The government will prompt enterprise mergers and reorganization to produce big enterprises that will adopt the latest equipment in new factories, said Wang.

The industrial land saved from the mergers can be used to develop urban commerce, which the surplus workers can engage in to earn a living, he said.

“The resettlement of workers, debts and financing are problems the government has to face in its industrial upgrade and battle against pollution,” said Chen.

“I hope the central government can give Hebei some special preferential policies,” said Chen.

The saturated markets and fierce competition have also forced enterprises to transform.

Tangshan Iron and Steel Co., Ltd., the largest iron and steel producer in the city, is aiming at non-steel sectors for survival.

Since 2010, 16,000 workers, nearly half of the company’s total payroll, have been resettled in 22 non-steel affiliated companies in LED manufacturing, logistics, information automation and liquefied natural gas.

“Our company will be a comprehensive industrial enterprise in the future, with steel as the basis,” said Yu Yong, the company’s chairman.

 

 

 

 

>>  No GM staple commercial production in China: minister     

By Gui Tao and Mou Xu

China has not approved any commercial production of genetically modified (GM) staple food, Minister of Agriculture Han Changfu said on Thursday of March 6.

“We have been cautious over GM food because we want to make sure that it is safe,” he told a press conference on the sidelines of the annual session of the National People’s Congress, the country’s top legislature.

The minister also called for innovation in agricultural technology, including GM technology.

China granted biosafety certificates to two pest-resistant GM rice varieties and one variety of corn in 2009, the first country to field trial GM staple foods.

“The government has never allowed any other GM agricultural products to be planted except cotton and papaya,” Han said.

Adding that the country’s GM safety regime remains strict, he threatened severe punishment for any unauthorized GM crop sales, planting and field trials.

GM food remains controversial nearly two decades after being introduced to the commercial market, and there is still no consensus on whether or not they are harmful to humans.

A total of 28 countries have planted GM crops. As much as 81 percent of soybeans, 35 percent of corn and 30 percent of oilseed rape in the world are GM products, according to the International Service for the Acquisition of Agri-biotech Applications, a non-profit international organization devoted to promoting crop biotechnologies.

Debate on the safety of GM food have been renewed in China since last year when celebrities joined netizens and experts to appeal for the consumers’ right to know when buying GM products.

In China, 90 percent of soybean oil, which accounts for more than half of cooking oil consumption, is made from GM soybeans.

Han said that he himself consumes food containing GM ingredients.

“Whether the GM food is safe or not should not be decided by departments or individuals, it should be decided by scientists following strict standards and procedures,” he said.

China has set up committees of experts to supervise the GM crop safety management.

Mandatory GM food labelling for 17 varieties of GM products is required by laws or regulations, he added.

 

 

 

 

>>  China’s grain imports unlikely to surge: minister  

By Zuo Wei and Mou Xu

China’s Minister of Agriculture Han Changfu said Thursday that the country will make “appropriate” use of the global grain market but its grain imports are unlikely to surge.

China will rely on domestic production for solutions to grain security, Han told a press conference on the sidelines of the annual session of the National People’s Congress, the country’s top legislature.

Grain output in China rose 2.1 percent year on year to 601.94 million tonnes in 2013, marking the 10th consecutive year of growth. Han said he is confident that the trend will continue.

The confidence is backed with policy, technology and infrastructure, he explained.

China’s grain imports have increased over the past years, but the total number is not significant, Han said. Last year, the country imported 13 million tonnes of grain, taking up only 2.4 percent of domestic grain consumption.

“The bowls of the Chinese will be filled mainly with the Chinese grain,” he said.

 

 

 

 

>>  Yu’ebao sizzles, despite official recognition  

By Fang Dong and Zhu Shaobin

Yu’ebao, China’s most popular Internet fund product, is in hot water as three state-owned banks have reportedly halted inter-bank deposit business with Tianhong, the fund manager.

A report on the Economic Observer’s website on Thursday said that the headquarters of the three banks have stopped accepting interbank deposit transactions between their branches and Tianhong, citing an anonymous source from one of the three banks.

“Overly high costs were given as the main reason for refusal to do business with Tianhong,” the report said, without identifying the banks. In the last couple of weeks, some voices have been calling for the closure of Yu’ebao for its “adverse impact on the real economy”, while a great number of citizens support it because of its higher yields than bank deposits.

The debate seemed to be ending when Zhou Xiaochuan, governor of the central bank, said at the ongoing “Two Sessions” that Yu’ebao will not banned, but regulating will be improved.

Zhou’s words came as a great relief for managers and investors of Yu’ebao and similar financial products, and makes the latest move by the banks all the more unexpected.

A source with one of the state-owned major banks, who declined to be named, told Xinhua that banks can choose whichever borrowers they like. Given that over 90 percent of Tianhong’s capital is invested in the interbank market, the fund’s future looks bleak if other banks follow suit.

Ding Xuemei, a senior public relations manager from Tianhong, said the fund is unaffected thus far. She said the fund makes enquiries to over 170 banks in China each day.

Yu’ebao was launched by Alibaba in June 2013 and has drawn a stunning 80 million investors, compared to around 60 million investors for China’s decades old stock market.

Yu’ebao offers high returns but has squeezed banks’ profitability, infuriating the banks who called for a ban on Internet financial products, and starting a debate over legality.

Yu’ebao’s yield has been falling since February due to liquidity in the capital market and hit 5.864 percent on Wednesday.

Its seven-day annualized rate stood at 4.9 percent in 2013, still higher than the maximum 3.3 percent interest rate for one-year fixed-term deposits offered by banks.

 

 

 

 

>>  Mass line, IT guru’s secret to success    

When summing up his business strategy, Lei Jun, founder of China’s Xiaomi Technology, used a very political term: “mass line.”

“In the age of the Internet, you need to be close to the market and friendly to users. I think (this strategy) is an interpretation of the concept of the mass line,” said Lei, also a deputy to the National People’s Congress (NPC), in an interview with Xinhua on Thursday of March 6 on the sidelines of the ongoing annual parliamentary session.

“Mass line” has been a buzzword in China’s political circles in the past year as a term for a campaign promoted by the new leadership to make the Party and government more accessible to the general public and clean up undesirable work styles such as formalism and bureaucracy.

This political campaign seems a bit distant from the edgy IT industry.

“The Internet is amazing because it can easily approach and engage a mass of people,” Lei said. “Nothing can be more ‘mass line’ than a right attitude about the Internet.”

Lei’s company, a fast-rising smartphone maker, is making every effort to embrace user interaction and engagement.

One Xiaomi phone model is designed based on ideas contributed by millions of users through its online forum, Lei said, adding that some Xiaomi fans have even helped translate the interface into foreign languages.

A product based on the ideas of so many people will certainly be popular, he said.

The strategy was rewarded in Xiaomi’s sales, which soared from 10,000 phones in the first month about three years ago to 4 million monthly now.

In the future, most industries will have to operate in the same way as today’s IT firms, which are flexible, accessible, friendly and customized, Lei said.

The IT industry is no longer just creating new businesses. Lately it has seriously shaken some powerful traditional industries in China, such as banks and retailers.

Financial products like Yu’E Bao, created by e-commerce giant Alibaba’s online payment arm Alipay, have become a heated topic at this year’s parliamentary session.

Chinese people have pulled money from traditional banks, which offer a maximum 3.3 percent interest rate for one-year deposits, and moved it to web-based money market funds like Yu’E Bao, which offers a seven-day annualized yield of nearly 6 percent.

The better interest rate enabled Yu’E Bao to attract 81 million users with aggregate deposits estimated at around 500 billion yuan (81 billion U.S. dollars) in just eight months.

“I am sure the Internet will transform even more industries,” Lei said. “Traditional industries need to adjust their mindsets.”

Li Yanhong (Robin Li), chairman and chief executive officer of Baidu, shared a similar view.

“Business people from traditional industries, once they have the mindset, will use the Internet to upgrade themselves,” said Li, a national political advisor, at a press conference in Beijing.

Businesses as small as a canteen or as big as a bank can benefit from the Internet, he said.

In this year’s government work report, the Internet appears quite a few times. Premier Li Keqiang listed information services as one of the factors needed to boost domestic demand.

The report said China will speed up 4G mobile network programs, build 100M fiber optic networks in cities and extend broadband connectivity to villages.

It also promised to promote the healthy development of Internet finance as well as online retailing.

In January, when Premier Li hosted a meeting with experts and business people to hear their opinions about the draft government work report, Lei and Tencent CEO Ma Huateng were present.

 

 

 

 

>>  Yao Ming urges end to ivory trade    

By Ren Qinqin, Luan Xiang and Gui Tao

Former NBA star Yao Ming, also a political advisor in China, wants his country to do more to stop the trade in illegal ivory.

“Buying ivory is buying bullets,” Yao, a member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), told reporters attending the CPPCC annual session in Beijing, heaping pressure on the world’s leading tusk consumer.

Yao is well known for his stance against poaching and his high-profile campaigns against the trade. He wants legislation to prevent the sale of any illegal animal products and wider publicity for the cause.

Ivory remains legal in China if it comes from a registered dealer.

Yao’s proposal to the CPPCC asks for a total ban on all domestic trade in ivory and ivory products and an end to imports.

“The ban will protect elephants,” he said.

Expensive ivory products are always used as bribes, and are an important feature of the extravagance and corruption in China, Yao added.

China banned trading in endangered species such as the giant panda, the golden monkey and the white-flag dolphin in the late 1980s.

Between December 2013 and January 2014, China led operation Cobra II, a strike against international wildlife crime organized by China, the United States, South Africa, the Lusaka Agreement Task Force, the ASEAN Wildlife Enforcement Network, and the South Asia Wildlife Enforcement Network. Over 350 cases were dealt with and in excess of three tonnes of ivory and ivory products seized, along with more than 1,000 hides and numerous other wildlife products.

In January, 6.1 tonnes of confiscated ivory, seized over a number of years, were destroyed in south China’s Guangdong Province.

“This shows China’s determination to stop poaching and the illegal trade in animal products,” Yao said in his proposal.

“Ivory smuggling and the ivory trade damage China’s image,” he added.

 

 

 

 

 

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  16. RonaldpAx wrote:

    Taki sklep oferuje wam calego profesjonalizm czy tez tajnosc dzieki po co nie bedziecie obawiac sie, ze ktokolwiek sie dowie o waszym zakupie. Taka pompa prowadzi do przedluzyc fallusa do takich kalibrów jak to jest osiagalne. Musicie wiedziec, iz zakup takich pompek jest osiagalne dzieki temu o ile chcecie na taka inwestycje sobie dopuscic powinniscie z takich ofert na cacy skorzystac. Musicie wiedziec, ze ocen w sprawie funkcjonowania takich pompek jest bardzo sporo z tego powodu wskazane jest sie z nimi takze zaprzyjaznic sie wysoce blizej. Naturalnie dzieki temu nie czekaj jedynie naprawde dzis sprawdz propozycje które dla ciebie sa przyszykowane, a z jakich kto wie bedziesz ukojonym wyjatkowo, iz warunki wam gwarantowane sa dzisiaj nadzwyczaj ciekawe i godne twojego zaciekawienia. Nie oczekuj wobec tego zaledwie juz dzisiaj spozytkuj mozliwosci które daje wam net. Nowoczesne mozliwosci dla oligarchów W dzisiejszych terminach niezwykle wielu osobników ma podniosly caloksztalt do którego nie kazdy chce sie potwierdzic. I jak sie okazuje ten temat jest na amen problemem dla nich tabu dzieki temu znaczna czesc wielmozów nie wie jak sobie z takim istotnie klopotem w caloksztalcie zasugerowac. Musicie wiedziec, iz dzis faktycznie niezwykle duza liczebnosc panków ma powazny ambaras z rozmiarem wlasnego czlonka. Wlasnie dlatego winniscie wiedziec, ze coraz czesciej na ten problem sie rozmawia i dysputuje równiez z damami które zastepuja ocene czy faktycznie gabaryt oznacza,znaczy. Dzieki temu w rzeczy samej jesli masz analogiczny kompleks z którym nie wiesz jak sie wywiazac winienes wiedziec, ze istnieje sporo strategii z jakich to bedziesz zadowolonym i otrzymasz sprawne korzysci. Jak sie okazuje jednym z dosc slynnych jest pompka do czlonka. Taka rzecz jasna [url=http://www.powiekszaj-zadowolenie.pl]pompka do penisa[/url] syci sie bardzo obszernym zaciekawieniem posród wielu osób i nie ma w tym nic boskiego bowiem mozecie ja nabyc w niezwykle przyjacielskich oplatach, tudziez w róznej tonacji, dzieki w jakim celu od ciebie w rzeczywistosci bedzie zalezec na jaki jej typ dopuscisz sobie nabywac. Musicie wiedziec, iz taka pompka do czlonka oferowana jest juz dzisiaj na calego szeregu przyszykowanych sklepach internetowych gdzie dostep do nich ma w wiekszosci przypadków kazdy oligarcha.Typkowie miewaja kompletna mase kompleksów. Sa w stanie tyczyc sie zarówno cech fizycznych czy tez mentalnych. Lekiem na jeden z znanych caloksztaltów meskich jest takie male urzadzenie jak pompka do fallusa. Jest to gadzet uzytkowany przez mezczyzn, poprawiajacy kondycje erotyczna. Pompki do fallusa mozna kupien przykladowo z wykorzystaniem Netu. Wykorzystaj wielorakiego typu gadzety.Mezczyzni, jakos sa ta intensywniejsza plcia takze maja swoje zmartwienia i kompleksy. Wydawac mogloby sie, iz caloksztalty to domena glównie niewiast. Jednakze uzewnetrznia sie, iz nie tylko. Mezczyzni takze maja swoje rozbite strony, o których nierzadko nawet nie maja chetki rozmawiac bowiem sie wstydza. Pod warunkiem, ze idzie o zródlowy meski caloksztalt jest to oczywiscie wzrost. Utarlo sie, ze niewiasty preferuja strzelistych osobników. Kazdy facet, który nie jest nazbyt strzelisty, przynajmniej niewiele razy w zyciu pomyslal, ze wzrost jest jego witalna mara. Jednak wychodzi na jaw, ze to nie wzrost ma znaczenie, a osobowosc mezczyzny. W dzisiejszych czasach bardzo czesto naturalnie to mezczyzni maja agregaty. Rozwiklaniem jednego z nich jest np. taki dinks jak pompka do fallusa. A tak w ogólnosci osobnicy wstydza sie calego szeregu rzeczy tez miedzy innymi tego, iz tego, iz za malo zarabiaja, nie sa w stanie mocy wykwintów swojej malzonce zywotnej, iz nie sa dostatecznie mescy wzglednie sa za slabi fizycznie. Maja caloksztalty nawet na punkcie wlasnego wizerunku, w szczególnosci gdy zestawiaja sie do gwiazd i osób powszechnie znanych. A wszak rozumie sie, iz gwiazdy i postaci znane maja pelen sztab ludzi odpowiadajacych za ich image i styl, a jezeli nadchodza na obwolutach, ich zsuniecia sa de facto twardo zmieniane. Natomiast to nie wszystko. Jakims z rozwiazan na caloksztalty meskie jest taki wihajster jak pompka do czlonka, która poprawi zycie kazdego panki, dlatego nalezaloby sie zainteresowac jej zakupem. Jest to dinks, który moze wesprzec na sporo wielorakich problemów. Kompleksy meski sa najczesciej silnie przedawkowane w ten sam sposób jak te kobiecie. Pozadane byloby z kazdych z nich sie zwyczajnie wykurowac.Klient bez ustanku koniecznie musi byc zlaczony i dojrzaly – tak chociaz zaszczepia mu sie na pewno od fundamentalnych lat jego zycia. Mozna wobec tego powiedziec, ze panowie zyja pod pewna presja, bo dniami i nocami musza dopelniac rózne dyrektywy i wpisywac sie do pewnych wzorów. Oni naturalnie nie powinni miec problemów z dosieganiem wzwodów, a jednak takie dalej znajduja sie, z tego powodu w Necie wciaz notorycznie mozna natknac na poradniki, jak szybko powiekszyc penisa. Kobiet moze czasami nie miec nastroju na zblizenie, ale klient musi oszczedzac sie wrecz odwrotnie, bo inaczej nie bedzie oryginalnym jegomosciom. Co wiec pomoze mu w sytuacjach, w których jego czlonek odmówi posluszenstwa?Jak szybko osiagnac wzwód?Najlepiej osiagnac erekcje poprzez intensywne uczucie, które moze wprawic wiele rzeczy. W wiekszosci wypadków to istotnie kobieta dziala na klientów najmocniej, w takim przypadku trzeba tylko nieraz poobserwowac szczypte mozolniej swoja polowice, ba przywolac ja o zrealizowanie striptizu. Dobrze moze tez zadzialac wdrozenie dluzszej zabawy wstepnej, bowiem ona czasem zbawienna jest nie tak duza liczba niewiastom, co oczywiscie mezczyznom. Oni wbrew pozorom dodatkowo sa nadzwyczaj uczuciowi, z tego powodu kochaja po prostu poprzytulac sie do swojej panie, skoro wówczas dopiero odzyskuja spokój i moga ostroznie osiagnac intensywny wzwód. Jesli jednakze i taka uciecha wstepna w jak na przyklad im nie ulzy, na bank wciaz beda szukac trybu na to, jak blyskawicznie powiekszyc czlonka, takze natrafia na reklamowane dawniej, czarodziejskie, niebieskie tabletki. Viagra dalej albowiem jest czyniona, dzieki temu dzisiaj tez mozna ja otrzymac, spacerujac po nia do apteki. Ma ona na pewno wydajne dzialanie, bowiem non stop przysparza ten sam rezultat, czyli pozwala osiagnac przenikliwy wzwód, który ma na utrzymaniu sie istotnie dlugookresowo. Czy jednakze po viagre jegomoscie moga tak ze spokojem zapozyczac? Na sto procent nie powinni akceptowac jej w kazdym dniu, poniewaz jesli w kólko Macieju maja klopot z osiaganiem erekcji, jego przyczyna moze byc uroczysta. Wówczas z klopotem trzeba naprawde zglosic sie do doktora, czyli do urologa, który zdiagnozuje i okresli okolicznosc dolegliwosci.W obecnej chwili w sklepach mozna natknac na istotnie osobliwe i bardzo wyszukane teksty i przyrzady. Gdy komus zamarzy sie dowolne urzadzenie, bez wysilku je uzyska, o jak wiele zaledwie go ociupine poszuka. Naprawde poniekad pompka do fallusa nie jest rynsztunkiem nieosiagalnym, gdyz robi ja niewiele marek, a one uzupelniaja najobszerniejsze sklepy i markety. Które punkty sprzedazowe maja wskutek tego taka pompke w swojej ofercie?Najwieksze sklepy internetoweJak bez watpienia, asortyment sklepów stacjonarnych jest o wiele skromniejszy od wyboru sklepów internetowych. A to znaczy, iz w tych drugich otoczeniach sie oplaca robic zakupy. Tym wiecej, o ile maja to byc oczywiscie dziwaczne zakupy, w czasie których jakis czlowiek zaopatrzy sie w pompke, by z jej pomoca powiekszyc sobie wlasnego fallusa. Na ten wyjatkowy wprost instrument wzglednie nie natrafi w sklepach stacjonarnych, bowiem one wciaz buduja na rzeczy utarte i produkty pospolite. Markety internetowe niszcza jednakze te bariery i ograniczenia, wobec tego nie obawiaja sie zaproponowac swoim delikwentom czegos totalnie innego. Niektóre z nich, które maja posród wlasnych towarów pompke do penisa, nie zajmuja sie w zyciu erotyka, dzieki temu nie trzeba wkraczac na strony sexshopów, aby osiagniec taki artykul. Starczy za to zaprzyjaznic sie z wpisami sklepów internetowych gromadzacych sie w zasadzie na wspólczesnych i modnych narzedziach tudziez przyrzadach. U nich winna byc juz osiagalna przynajmniej jedna pompka do czlonka, jaka klient bedzie mógl natychmiast nabywac, aby po paru dniach uzyskac ja prosto do swojego mieszkania albo lokalu. Dzieki temu w sposób wnikliwy urzadzi swoja potrzebe, bowiem dla niektórych nabycie takiej pompki w sklepie stacjonarnym byloby dosc ciemiezaca sytuacja. A juz ani troche wypada sie z nia zmagac, albowiem trzeba tylko “wybrac” sie na zakupy do Internetu. Sklepy internetowe zdecydowanie ulatwily ludziom zycie, z tego powodu nalezaloby niekiedy skorzystac z ich propozycje. To u nich mozna otrzymac basniowe materialy, czyli w samej rzeczy te genialnie funkcjonujace pompki do penisa. Kazdy klient winien sie w nie zaopatrzyc.Apteke zapewne kazdy ma kedys w sasiedztwie swojego domu, poniewaz jest to jeden z glówniejszych punktów sprzedazowych, w którym kazdy od czasu dopóki robi zakupy. Ludzie dyrdaja do aptek, aby zdobyc dla siebie lekarstwa, z odsiecza których przewyzsza pewne dolegliwosci wzglednie przypadlosci. Wskazane jest tymczasem wspomnac, iz apteka to nie tylko same srodki i zalaczniki, natomiast takze preparaty na powiekszenie fallusa i o wiele wiecej przyciagajacych rzeczy. nieraz z tej przyczyny wskazane jest do niej sie przejsc i ujrzec, co ona takiego w sobie ma, iz odwiedzaja ja wszyscy ludzie.Co ciekawego mozna wyszukac w aptece?Praktycznie kazda apteka jest naprawde uporzadkowana na konkretne dzialy, a dla kazdego z nich przyrzadzono bodaj niewiele pólek z wielorakimi farmaceutykami. Jeden dzial na pewno bedzie poswiecony na konserwacje ciala, a wiec podrzutkiem sie w nim preparaty pielegnacyjne oraz sztampowy kosmetyki. Wszystkie te rzeczy mozna nie ulega najmniejszym watpliwosciom kupic w drogerii, jednak wtedy nie ma sie pewnosci, iz beda one bezpieczne i urodziwe dla skóry. A uczuleniowcy musza sadzic na drogeryjne preparaty, bo one czestokroc ozywiaja przykre odpowiedzi alergiczne i podrazniaja aksamitny naskórek. Nie chcac miec problemów z takimi rzeczami, po kosmetyki warto wylowic sie do apteki, bowiem dostepne w niej preparaty pielegnacyjne non stop beda miec prosty i bezpieczny dla czlowieka zestaw. Takim samym, prawdziwym skladem moga zaaprobowac sie preparaty na powiekszenie penisa, które w aptekach dodatkowo coraz czesciej mozna odszukac. Starczy zapytac o srodki dzialajace dobrze na otoczenia poufale, aby siegnac po preparat o niespotykanym dzialaniu i doborowych cechach. Dla kobiet apteki dodatkowo spreparowaly cos w tej dziedzinie, bo proponuja im naprawde nie tylko waciki i podpaski, lecz takze malenkie kubeczki menstruacyjne. Sa one nadzwyczaj praktyczne i wygodne, poniewaz starczy zapakowac je do waginy, azeby móc bez ograniczen korzystac z zycia chociazby w trakcie ciezkich dni. Kubeczki sprawdza sie z tej przyczyny u niewiast wypracowanych i tych, które nie chca zrzekac sie ze zblizen zwyczajnie przenigdy. Nie musza tego juz wcale robic.

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