People's Daily Online | China
Eight dead, 16 injured in north China hotel fire
Eight people were confirmed dead and another 16 were injured when a hotel in Luliang City of north China's Shanxi Province caught fire early Saturday, the local government said.
Rescuers found seven dead bodies at the site after the fire was put out. Altogether 17 people were hospitalized with injuries, one of whom failed to respond to emergency treatment and died in hospital, a spokesman with Luliang city government told Xinhua.
He said the other 16 people were out of danger.
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Shanghai Pudong Bank denies talk of restarting shares saleShanghai Pudong Development Bank, partly owned by Citigroup Inc., dismissed market talk that it would restart the plan of selling additional shares to boost capital.
"The bank has never said it would restart the additional shares sale plan," Saturday's Shanghai Securities News cited Shen Si, directors board secretary, as saying.
In March, the mid-sized bank announced a plan of raising some 20 billion yuan (2.9 billion U.S. dollars) by selling 800 million additional shares.
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China local gov'ts competing for investment to prevent slowdownChina is rich, at least when you look at its world's largest two-trillion-U.S. dollar foreign exchange reserve and its fiscal revenue that has maintained double-digit growth for years.
But many officials in the less-developed central interior felt that Beijing had been penny-pinching in financing local projects for most of the year until only recently when the focal task of macro-economic control shifted from curbing inflation to slowdown prevention.
"The situation reversed compl ...
Shanghai Office of HHS and FDA establishes Friday&$
&$Honored guests unveil the logo of the Shanghai Office of the U.S. Department of Health and Human Service (HHS) and the Food and Drug Administration (FDA) in Shanghai, China, Nov. 21, 2008. The Shanghai Office of HHS and FDA was established on Friday, which was another food and drug investigation organization set by the U.S. after in Beijing and Guangzhou, China. (Xinhua/Zhao Yun) &$Transport, construction specialist becomes Beijing's vice mayor
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&$Honored guests unveil the logo of the Shanghai Office of the U.S. Department of Health and Human Service (HHS) and the Food and Drug Administration (FDA) in Shanghai, China, Nov. 21, 2008. The Shanghai Office of HHS and FDA was established on Friday, which was another food and drug investigation organization set by the U.S. after in Beijing and Guangzhou, China. (Xinhua/Zhao Yun) &$An expert on road transport management and construction was elected vice mayor of Beijing Friday at a municipal parliamentary session.
Huang Wei, 47, is also the first academician of the Chinese Academy of Engineering to take one of the top jobs in the capital.
"I feel it's a great honor ... though quite stressful, too," he said at the seventh session of the 13th Standing Committee of the Beijing Municipal People's Congress that concluded Friday. "There's a lot more I should lear ...
China approves CMA CGM-invested terminal project at Xiamen portChina approved Friday a deep water container terminal project at the port of Xiamen in southeast Fujian Province. It involves investment from CMA CGM, the world's third largest container shipping group which is based in France.
The French company said the project had been approved by China's National Development and Reform Commission, the country's top economic planner, and Ministry of Commerce.
CMA CGM, New World Services Holding Ltd., based in Hong Kong, and Xiamen Haicang Inv ...
China to impose stricter checks on listed companiesThe China Securities Regulatory Commission (CSRC) said Friday it would conduct more checks of listed companies in a bid to avoid malpractice in stock trading.
Majority shareholders of listed companies, relevant parties involved in mergers and acquisitions and securities brokers would all be subject to examinations, the CSRC said in a draft revision.
In the past, local regulators would only examine listed companies when monitoring stock trading practices, according to regulation p ...
500 cab drivers go on strike in south China cityAt least 500 taxi drivers have been on a strike for two days in Shantou City, south China's Guangdong province, in protest against unlicensed taxies.
From about 6 a.m. on Thursday, taxi drivers gathered on the square opposite to the city's government, and stopped their cabs before the television station and an exhibition center. On Thursday afternoon, most of them left.
On Friday morning, few taxis could been seen on the downtown streets. "All taxi drivers won't work today," a dr ...
Firework plant explodes killing two, injuring one in E. ChinaTwo people were killed and another person injured following an explosion at a firework plant in east China's Shandong Province on Friday, local police said.
The explosion took place at around 4:30 p.m.. It was so strong it knocked down the four-room facility in Tancheng County.
Police recovered the bodies of two female workers, aged 57 and59, on the scene. They were from different villages in the county.
Another villager working in nearby cornfield was injured. The person ...
Chinese, U.S. presidents meet in LimaChinese President Hu Jintao and his U.S. counterpart George W. Bush met in Lima Friday to discuss bilateral relations and major international issues of common concern.
The two leaders met on the sidelines of the 16th Economic Leaders' Informal Meeting of the Asia-Pacific Economic Cooperation(APEC) slated for Saturday and Sunday.
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Hu outlines China's future development to APEC business leadersChinese President Hu Jintao on Friday gave a brief outline of the country's future development to the business community of the Asia-Pacific Economic Cooperation (APEC).
Addressing the APEC Chief Executive Officers (CEO) Summit, Hu said China will continue to follow the Scientific Outlook on Development by putting people first and making development comprehensive, balanced and sustainable.
"We will unswervingly pursue reform, improve the socialist market economy and build systems ...
Chinese president urges business community to help tackle financial crisisChinese President Hu Jintao on Friday urged the business community of the Asia-Pacific Economic Cooperation (APEC) to play an important role in tackling the ongoing global financial crisis.
Addressing the APEC Chief Executive Officers (CEO) Summit, Hu said the business community is a major player in promoting world economic development and sound and stable international economic and trade relations.
"It has an important role to play in tackling the global financial crisis and kee ...
Hu calls for enhancing confidence, coordination to tackle financial crisisChinese President Hu Jintao on Friday called on all countries to enhance confidence, strengthen coordination and take effective measures to tackle the ongoing global financial crisis.
Addressing the APEC Chief Executive Officers (CEO) Summit, President Hu said the ongoing financial crisis has caused shockwaves in the international financial markets and seriously affected the economic development and people's livelihood of all countries.
An effective response to the financial cris ...
U.S., Peru, Australia to join TransPac free trade talksThe United States, Peru and Australia have decided to join the talks on the Trans-Pacific Strategic and Economic Partnership, known as the TransPac, previously signed by Chile, Brunei, New Zealand and Singapore, Peruvian media reported Friday.
The seven nations will kick off the negotiations in March next year in an effort to further promote trade liberalization and curb any upturn of protectionism amid the ongoing financial crisis, Chilean Foreign Minister Alejandro Foxley was quoted as ...
President Hu urges APEC members to promote sustained economic growthChinese President Hu Jintao on Friday called on members of the Asia-Pacific Economic Cooperation (APEC) to work together to ensure the sustained economic development of the Asia-Pacific region.
Addressing the APEC Chief Executive Officers (CEO) Summit, Hu said the rich diversity, great interdependence and complementarity among the APEC members have enabled them to deepen regional cooperation and jointly respond to challenges.
&$&$ GLOBAL FINANCIAL CRISIS &$&$
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Peruvian press hails economic ties with ChinaLeading Peruvian newspapers on Friday hailed the trade and economic relations between China and Peru and the conclusion of talks on a free trade agreement (FTA) between the two countries on Wednesday.
National daily La Republica said in a report that the FTA will promote Peru's exports and further strengthen economic growth of the Latin American country.
A sound economic relation with China will benefit the Peruvian people for generations, said the report.
The El Peruano ...
Backgrounder: Key facts about APEC Economic Leaders' Meeting 2008The 16th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) kicks off Saturday in the Peruvian capital of Lima under the theme of "A new commitment to Asia-Pacific Development."
The following are some key facts about this year's APEC Economic Leaders' Meeting:
-- Who: Attending are leaders from 21 APEC member economies: Australia, Brunei, Canada, Chile, China, China's Hong Kong SAR, Chinese Taipei, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New ...
China rejects U.S. congressional panel reportChinese Foreign Ministry spokesman Qin Gang on Friday rejected a U.S. Congressional panel report on China as "unworthy of rebuttal."
The annual report on China by the U.S.- China Economic and Security Review Commission to the Congress has been intended to mislead the public and impede bilateral cooperation, Qin said.
The report published Thursday in Washington accuses China of cyber espionage and plays up the "China threat" by preaching the so-called military purpose of China's s ...
China, Latin America join hands in creating model for South-South CooperationFollowing his trip to Washington for the Group of 20 summit, Chinese President Hu Jintao visited Costa Rica, Cuba and Peru in the past week to promote ties with Latin America.
As the international situation undergoes profound changes, President Hu's trip was aimed at injecting new vitality into China-Latin America relations, which have been moving forward on a sound development track since early this year.
During this period, the respective presidents of Chile, Mexico and Venezue ...
Peruvian president: China's economic measures help restore world's confidenceChina's recent measures to stimulate its economy has not only facilitated the restoration of the Chinese people's confidence but also helped the world to regain confidence, Peruvian President Alan Garcia said in Lima
Friday.
Garcia made the remarks in his opening speech at the 2008 CEO Summit of the Asia-Pacific Economic Cooperation(APEC), held at the Convention Center of the Peruvian Defense Ministry.
He called for the resumption of confidence, noting such confidence comes fr ...
Chinese parliamentary delegation wraps up visit to EgyptA Chinese parliamentary delegation led by Ismail Tiliwaldi, vice chairman of the Standing Committee of the National People's Congress (NPC), China's top legislature, wrapped up a three-day goodwill visit to Egypt on Friday.
During the visit, Ismail Tiliwaldi held talks with the Egyptian People's Assembly (lower house of the parliament) Speaker Ahmed Fathi Sorour and Shura Council (upper house) Speaker Safwat el-Sherif, who is also Secretary General of the ruling National Democratic Party ...
Singapore, China sign MoU on aviation security cooperationSingapore and China signed a Memorandum of Understanding (MoU) on aviation security cooperation in Singapore on Friday.
The MoU on Aviation Security Cooperation was signed by Choi Shing Kwok, Permanent Secretary for Singapore's Transport Ministry, and Yang Guoqing, Deputy Administrator of the Civil Aviation Administration of China (CAAC).
Under the MoU, both sides agree to enhance bilateral cooperation in these areas such as aviation security policy, procedures, technology, opera ...
Hu Jintao meets KMT honorary chairman on cross-Strait ties, tackling global financial crisis&$
&$H&$&$u Jintao(R), general secretary of the Central Committee of the Communist Party of China, meets with Kuomintang (KMT) Honorary Chairman Lien Chan in Lima, capital of Peru, Nov. 21, 2008. (Xinhua/Fan Rujun)&$
Former Taiwan leader interrogated after treatment in hospital
&$H&$&$u Jintao(R), general secretary of the Central Committee of the Communist Party of China, meets with Kuomintang (KMT) Honorary Chairman Lien Chan in Lima, capital of Peru, Nov. 21, 2008. (Xinhua/Fan Rujun)&$Former Taiwan leader Chen Shui-bian was interrogated by prosecutors on Friday, a day after being sent back to the Taipei detention center after a hospital stay.
It was the first time he was questioned since being detained last Wednesday. Chen is accused of money laundering and misusing a special fund during his eight years in office. His term ended in May.
Prosecutors did not brief the media about the interrogation.
Chen was in a good condition health-wise, said his defen ...
China launches nationwide crackdown on sex, violence publicationsChina is launching a national campaign to crack down on books, videos and websites publicizing sex and violence after teachers and parents voice concerns for children, said China's press watchdog.
After a discussion meeting on Thursday, the General Administration of Press and Publication (GAPP) and the National Office of Anti-Pornography and Anti-Illegal Publications agreed to step up supervision over book sellers near schools and on websites.
Previously, the groups only patrolle ...
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Bush and Hu meet at Apec summit
US President George W Bush meets China's Hu Jintao, ahead of an Asia-Pacific summit dominated by the financial crisis.
Grenade hurts Thai protestersA grenade blast wounds eight protesters in Thailand, amid rising tension between the government and demonstrators.
Arroyo husband falls ill on planeThe husband of Philippines President Gloria Arroyo is taken ill on a plane, forcing a diversion to Japan.
Burma comic jailed for 45 yearsPopular Burmese comedian and activist Zarganar is sentenced to 45 years in jail in the latest of a string of imprisonments.
Japan carmakers slash productionLeading Japanese auto manufacturers Honda and Toyota cut production and staff as they try to respond to falling sales.
'Holocaust denier' free from jailAn Australian "Holocaust denier" is freed from jail after Germany abandons efforts to have him extradited from the UK.
Man found guilty of Sydney murderA British-born man is found guilty in an Australian court of throwing his lover to her death at a notorious suicide spot in Sydney.
China names 19,000 May quake deadChinese authorities name more than 19,000 people killed in a big quake in May, but deny reports they were all students.
US global power 'set to wane'US dominance is likely to weaken by 2025 as India and China grow stronger, a new Washington intelligence report says.
Shop till you prop up the economy, Taiwan residents toldTaiwan's prime minister announces a cash handout for all residents in a bid to try to stave off economic crisis.
Katich digs in to rescue AussiesSimon Katich's half century helps Australia to 131-6 at the end of day two against New Zealand, a lead of 189.
Australia v New Zealand (Sat)Australia are red-hot favourites to be crowned world champions for the 10th time in Saturday's World Cup final against New Zealand.
Reynolds' ChinaIs democracy set on a course for China?
Star turnCelebrities are the new weapon in Indonesian politics
Tibet debateGossip and harsh reality in 'Little Lhasa'
Nick Bryant's blogAustralian navy's two-month leave causes a storm
Crucial partnerChina's trade ties with Latin America are on the rise
Work stopsChinese plants shut as global financial crisis hits
China woman loses fight for homeWorkers tear down the home of Chinese activist Ni Yulan, now in detention after fighting for six years to save it.
Singapore officially in recessionSingapore downgrades its economic growth figure, confirming it was Asia's first country in recession in this crisis.
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