Monday, September 1, 2008

Forum to help Chinese SMEs

As the Chinese economy continues to grow at a rapid rate, factors affecting the global economy continue to leave unanswered questions for Chinese small and medium-sized enterprises.



"We hope some answers and solutions can be found in the Global Chinese Financial Forum Dalian Conference scheduled from Oct 30 to Nov 1 in the coastal city of Liaoning province," said Joe Tai, president of ChineseWorldNet.com Inc, one of the conference's organizers.



"We hope the GCFF Dalian conference will help the provinces in Northeast China develop in opening-up to the outside world, adopting international practices, and attracting more venture capital and private equity," said Tai.



Comprising keynote symposium, capital market section, and financial-related section, the conference will invite many famous investment gurus and financial experts to give comments on the hottest issues in finance and economy of both the global and Chinese market in 2008 and 2009, said Tai.



The capital market section, which includes four or five sub-forums and nearly 1,500 matching meetings between institutions and enterprises, is expected to attract about 10,000 attendees.



In the financial-related section, exhibitors of financial products and service providers will introduce their products to the Chinese investors. The attendees can gain up-to-the-minute knowledge on the financing concepts and the potential financing fields.



Chen Tiecheng, deputy director of the small and medium-sized enterprises department of Liaoning, said Liaoning's SMEs will benefit from the Dalian conference.



"The local government in Liaoning supports the development of SMEs. In addition, they face great opportunities like the restructuring of the old industrial bases of Northeast China," said Chen.



Source:Xinhua

Chinese vice premier urges efforts to boost development in Inner Mongolia

Chinese Vice Premier Li Keqiang on Saturday called for more efforts to promote sound and fast growth in north China's Inner Mongolia Autonomous Region.



Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made an inspection tour of the region from Aug. 28 to 30. He visited factories, markets, pastoral areas and residential districts in Hohhot, Manzhouli and Ordos.



He said Inner Mongolia should develop economy with local characteristics, boost the development of modern agriculture and animal husbandry, and rationally develop and utilize mineral resources.



Chinese Vice Premier Li Keqiang visits a herdsmen's family in the Ordos grassland in north China's Inner Mongolia Autonomous Region, Aug. 29, 2008, during his inspection tour in Inner Mongolia from Aug. 28 to 30.

The region, one of China's important energy bases, should increase its energy supply with a highlight on the production security as well. Meanwhile, it should promote the development of recycling economy, and continue implementing energy saving and emission reducing policies.



Chinese Vice Premier Li Keqiang talks to a shopkeeper at a shopping center in the border city of Manzhouli in north China's Inner Mongolia Autonomous Region, Aug. 28, 2008, during his inspection tour in Inner Mongolia from Aug. 28 to 30.

He pointed out the eastern part of Inner Mongolia was a region of vast land area and great marketing potential. It should seize the opportunities to further strengthen its economic power.



He further stressed that, Inner Mongolia, the important ecological shelter for China's northern region, should pay more attention on ecological development and environmental protection.



During the visit, Li showed great concern on people's livelihood. He called for greater efforts to raise urban and rural people's income through various channels, and better solve people's housing and medical care problems, to further improve their lives.



Source:Xinhua

Senior Chinese leader urges new development in Heilongjiang

Top Chinese political advisor Jia Qinglin on Saturday urged new social and economic development in northeast China's Heilongjiang province, in accordance with the country's strategy to revitalize the old industrial base.



Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference , made the requirement during an inspection tour of Heilongjiang from Aug. 26 to 30. He visited local farms, enterprises and research institutes.



He said Heilongjiang, the country's largest production base of commodity grain, should make more efforts on grain production, by further increasing agricultural input and infrastructure construction.



Jia Qinglin , chairman of the National Committee of the Chinese People's Political Consultative Conference , visits a farm in Harbin, capital of northeast China's Heilongjiang Province, Aug. 29, 2008, during his inspection tour in Heilongjiang from Aug. 26 to 30.

In addition, the province should promote the development of agricultural science and technology, and further arouse farmers' initiatives for farming.



Meanwhile, Heilongjiang, as one of China's important industrial bases, should invigorate its equipment manufacturing industry, to make more contributions to the country's industrialization and national defense.



Jia Qinglin , chairman of the National Committee of the Chinese People's Political Consultative Conference , visits the Harbin Boiler Company in Harbin, capital of northeast China's Heilongjiang Province, Aug. 29, 2008, during his inspection tour in Heilongjiang from Aug. 26 to 30.

Jia, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, showed great concerns on local ethnic minorities' lives, saying the government should continue to help them lead harmonious and happy lives.



Source:Xinhua

Senior Chinese leader urges better service, security work for Paralympics

Senior Communist Party of China official Zhou Yongkang Friday called for better services and security work for next month's Paralympic Games during an inspection of Beijing South Railway station.



Zhou, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, on Friday toured facilities for the disabled at the station such as lanes for the blind and special lifts.



"We should spare no efforts in providing the best service and maintaining security for the Paralympics," Zhou said.



Zhou then took the Beijing-Tianjin intercity express to the industrial city of Tianjin.



Zhou Yongkang , member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, visits a community service center in Nankai district, north China's Tianjin Municipality, during his inspection tour in Tianjin on Aug. 29. 2008.

He inspected restrooms for the disabled on the train, stressing that the disabled should be respected, well cared for and better served.



Zhou said the Paralympics should lead to nationwide improvements for services for the disabled.



In Tianjin, he inspected a community in Nankai District, the Letters and Calls Reception Office in Hebei District and listened to a report on the city's social and economic development and social stability.



Zhou stressed that all security sectors shall continue efforts to maintain social stability and public order during the Paralympics, which will be held from Sept. 6 to 17.



Source:Xinhua

China's Arctic expedition team starts research in 87 degree north latitude

China's third Arctic expedition team started research operations in 87 degree north latitude, the northernmost part of the Arctica that the research team has ever arrived.



The scientific expedition team's helicopter landed on a large piece of a floating ice after an 87-minute flight.



The scientists took pictures and videos from the helicopter for further research.



Zhang Haisheng, chief scientist of China's third Arctic expedition team, said it was the first time that China has carried out research at such a high latitude, which showed China's improving ability in Arctic research.



The Arctic sea ice melting as a result of global warming helps the team successfully get deeper into this area and carry out a comprehensive study on the polar environment, he added.



Zhang also said the team has conducted a series of research activities in the Bering Sea and Arctic Ocean on oceanography, sea ice, and atmospheric subjects.



During the expedition from Shanghai on July 11, the team collected lots of data and samples, and achieved preliminary results, such as the discovery of salinity reduction in some Arctic sea areas, circulation anomalies and atmospheric circulation fluctuation, he said.



Further research will be carried out based on those data and samples by which the scientists hope to find answers to the influence of the global climate change and the response of the north pole to such changes, Zhang added.



Source:Xinhua

Transport suspended on Sichuan-Tibet highway due to mudflow

A section of the highway between southwest China's Tibet Autonomous Region and Sichuan Province was blocked by mudflow on Saturday. Transportation was suspended due to that.



The section, at Lizhi County of Linzhi Prefecture in Tibet, was damaged by mudflow caused by heavy rainfall, said Sun Hongjun, an armed police officer in charge of the repair work.



August was a rainy season in Tibet, and rainfall there increased by 30 percent in the first half compared with that of the normal level in the past years. This brought risks to the road and transportation.



Repair work is expected to be finished in about a week.



Source:Xinhua

22 dead after magnitude-6.1 quake jolts Sichuan Province

Twenty-two people were dead after an earthquake measuring 6.1 on the Richter scale hit Panzhihua City in southwest China on Saturday.



As of 9 p.m., 17 people were reported dead and about 100 others injured in Sichuan, and five people dead and 35 others injured in neighboring Yunnan Province.



The quake struck the juncture of Renhe District of Panzhihua and Huili County of Liangshan Prefecture at 4:30 p.m. . The epicenter was about 50 km southeast of downtown Panzhihua, at 26.2 degrees north and 101.9 degrees east and at a depth of 10 km, the National Seismograph Network Center said.



Photo taken on Aug. 31 shows a house in Renhe District of Panzhihua City, southwest China's Sichuan Province, is damaged in an earthquake measuring 6.1 on the Richter scale that hits Panzhihua Aug. 30, 2008.

In Panzhihua, a 54-year-old man was killed in debris in Miyi County and another person was killed Yanbian County. Nearly 1,000 houses were destroyed and cracks appeared in walls of more than 400 houses.



In the affected counties of Liangshan Prefecture, 86 people were injured, and many houses were destroyed or in dangerous conditions. The number of people buried in the ruins were not immediately available.



The quake also affected Chuxiong Prefecture in Yunnan Province, leaving five people dead and 26 others were injured, 11 severely, as of 8:30 p.m., said Mengfu, a prefecture government official.



The casualties in Yunnan were reported in Yongren, Yuanmou, Wuding and Dayao counties, in which four deaths were in Yuanmou, about 55 km from the epicenter, and another in Yongren, about 30 km from the epicenter.



"Locals in the county rushed out into the open. Cracks appeared on house walls and many windows were broken," said Zheng Zhouwei, a local legislator in Yongren.



Yunan's capital, Kunming, about 150 km from the epicenter, and Sichuan's capital of Chengdu both felt the tremor.



Another above magnitude-6 quake was not expected in the stricken area in the next two weeks, said Liu Jie, an expert at the National Seismograph Network Center.



The China Earthquake Administration initiated a level-three disaster control emergency response for the quake and required thelocal earthquake bureaus to step up efforts for quake monitoring and loss evaluation.



Working teams and seismic experts from China Earthquake Administration, and Sichuan and Yunnan provincial earthquake bureaus were heading for the stricken area.



The Yunnan provincial civil affairs bureau and the Yunnan Red Cross Society had sent a total of 3,400 tents and 2,000 quilts to the stricken area for disaster relief.



Heavy rain and rugged terrain greatly hampered the rescue efforts.



Due to poor communication, detailed casualties were still under calculation.



An average 118 people live on one sq km in the quake-stricken area.



Source:Xinhua