SHANGHAI, March 12 (Xinhua) -- Shanghai General Motors (SGM) is contacting the owners of 2,065 Captive jeeps to recall the vehicles for repair due to risk of steering malfunction, the company said on Friday.The defected vehicles were manufactured by GM Daewoo Auto in the Republic of Korea between Sept. 18, 2007 and Dec. 31, 2008, said a spokesman with SGM.China's General Administration of Quality Supervision, Inspection and Quarantine (GAQSIQ) released a bulletin on Friday, approving SGM's application for the recall.SGM had received no customer reports on the defect, the spokesman said.GAQSIQ has stopped the importation of GM Daewoo Auto's Captive jeeps, according to the bulletin.
BEIJING, Feb. 28 (Xinhua) -- The Chinese government pledges to improve the quality of education and enable people to enjoy fairer education through more investment and reforms in the coming decade.The draft of the National Outline for Medium and Long-term Education Reform and Development (2010-2020) was published Sunday for public opinions.The amount of government investment on education annually will increase to 4 percent of the country's total GDP by 2012, according to the outline. The proportion was 3.48 percent of its GDP in 2008.Ding Xuedong, vice minister of finance, indicated on Sunday that the four-percent target was ambitious but also challenging because other sectors such as agriculture, science and technology, health care and social security need investment, too.
SHANGHAI, Feb. 15 (Xinhua)-- The luxury ocean liner Queen Mary 2 arrived at the Port of Shanghai Monday afternoon, making its first port call in China since its maiden voyage in 2004.The world's reputed cruise carrying about 2,500 passengers and 1,200 crew arrived at the port at 1:30 p.m., and would stay for about 10 hours before leaving for Nagasaki, Japan.Queen Mary 2 was the largest luxury liner which ever made calls at the Port of Shanghai, marking the beginning of a peak of cruise arrivals at the host city of the 2010 World Expo.Shanghai immigration officers had flown to Hong Kong, the previous destination of the cruise, to ensure that all passengers on board could go through necessary customs procedures earlier."So visitors on the ship would have enough time to have a peek of Chinese Lunar New Year's celebration in Shanghai," an immigration official said.Queen Mary 2 is one of the world's largest, longest and most expensive luxury liners, which cost two years and one billion U.S. dollars to build.The ship is 345 meters long, 72 meters high, and 41 meters wide with a cruise speed of 30 knotsThe cruise is owned by the cruise line conglomerate Carnival Corporation.
BEIJING, March 18 (Xinhua) -- U.S. Ambassador to China Jon Huntsman Thursday said the U.S.- China relationship is mature and stable enough to weather differences between the two countries.Huntsman made the remarks in his speech, "2010: The Year of Decision," at the prestigious Tsinghua University in Beijing.The ambassador thought 2010 would be "the most important year in the history of the Sino-U.S. relations," as the two sides had to take action and make real progress on pressing global challenges like economic recovery and climate change.The China-U.S relationship had a good start after President Obama took office last year.However, U.S arms sales to Taiwan and U.S leaders' meetings with the ** Lama posed problems."I've seen enough ups and downs to know that the recent turbulence we've experienced is part of a natural cycle. Our relationship is mature and stable enough to weather our differences," said Huntsman in his half-hour speech.Huntsman said he was confident the two countries would work through their differences through dialogue, and they would be able to get on with the global challenges."Together we can lay the foundation for another 30 years of economic growth and stability in our countries, and in the world," he said."I am convinced that blue skies are already on the horizon," he said.He expected the bilateral relationship would regain the "high cruising altitude" of last year by the opening of the Shanghai World Expo in May.He was also confident the two sides would make real progress on the global challenges when they met for the second round of the U.S.-China Strategic and Economic Dialogue (SED) and when Chinese President Hu Jintao visited the United States this year.
BEIJING, Jan. 27 (Xinhua) -- Both output and sales values of China's machinery industry exceeded 10 trillion yuan (1.46 trillion U.S. dollars) last year, the China Machinery Industry Federation (CMIF) said here Wednesday.Output value reached 10.75 trillion yuan in 2009, up 16.07 percent from the year earlier. Sales value was 10.48 trillion yuan, up 16.11 percent,said Wang Ruixiang, the CMIF director.From January to November last year, the sector's profits reached 581.6 billion yuan, up 22.8 percent year on year.The auto sector was the "engine" that drove the overall growth of the industry last year, said Wang, adding nearly 30 percent of output value of the machinery industry was generated by automakers.Wang predicted the machinery sector would reach a 15 percent growth in output and sales values this year, with profits likely to grow 10 percent.
BEIJING, Feb.25 (Xinhua) -- China's energy consumption per 10,000 yuan (about 1464.1 U.S.dollars) of gross domestic product (GDP) dropped 2.2 percent in 2009, China's National Bureau of Statistics (NBS) said here Thursday.Preliminary estimates indicate that the total amount of energy consumption last year stood at 3.1 billion tonnes of standard coal equivalent, up 6.3 percent compared to the 2008 level, according to a report released on the NBS website Thursday.The report did not reveal the exact amount of energy consumed per 10,000 yuan of GDP, but the figure for 2008 was 1.10 tonnes of standard coal, according to a previous NBS report.China's water consumption per 10,000 yuan of GDP totalled 209.3 cubic meters in 2009, down 7.6 percent from a year earlier. Water consumption per 10,000 yuan of industrial output was 116.4 cubic meters in the same period, down 8.2 percent from 2008, said the report.The report also showed that China consumed 3.02 billion tonnes of coal, 380 million tonnes of crude oil, 88.7 billion cubic meters of natural gas and 3,697.3 billion kilowatt hours of electric power in 2009, up 9.2 percent, 7.1 percent, 9.1 percent and 6.2 percent year-on-year, respectively.China has been making efforts to raise energy efficiency by eliminating high energy-consuming equipment and introducing energy-saving technologies, said the previous NBS report.Energy consumption per 10,000 yuan of GDP was down 1.79 percent year-on-year in 2006, 4.04 percent in 2007, and 4.59 percent in 2008, according to NBS.
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BEIJING, Jan. 23 (Xinhua) -- The Bank of China (BOC) board has agreed to sell up to 40 billion yuan (5.86 billion U.S. dollars) of bonds convertible to A shares to improve capital adequacy.The proposal will be turned into the first temporary shareholders' meeting in 2010, which will be held on March 19, for approval.Excluding issuance costs, the proceeds from the issuance of the six-year convertible bonds will be used to replenish the bank's capital base and working capital and to lift its capital adequacy ratio, according to the BOC, the third largest lender by market value in China.The BOC has been implementing positive financial policies and relatively loose monetary policies since 2009.The BOC capital adequacy ratio stood at 11.63 percent and the core capital adequacy ratio at 9.37 percent by the end of September 2009.
BEIJING, Feb. 12 (Xinhua) -- China's Ministry of Public Security is considering a permanent number for Hong Kong and Macao residents' mainland entry cards for convenience.Currently, the last two of the 11 digits indicate the frequency for card renewals, meaning the number changes when Hong Kong and Macao residents get their cards renewed. That has been an inconvenience for those investing, buying housing, and doing banking business on the mainland.According to a statement released Friday by the ministry, Hong Kong and Macao residents entered a peak period for mainland card renewals last year.Cards for those aged 18 and above are valid for ten years. Cards for those under 18 years last three years.The mainland entry cards began to be used on Jan. 15, 1999.
GUANGZHOU, Feb. 14 (Xinhua) -- As the bell struck midnight Saturday to usher in the New Year, a real-name train ticket selling experiment ended in southern China's Guangdong Province.The move has turned out to be helpful in easing ticket shortages during a travel peak season before the Spring Festival, or Chinese Lunar New Year, but failed to uproot scalpers.In 15 days, the operation initiated by the Ministry of Railways among nine stations run by Guangzhou Railway Group has benefited 600,000 travellers who went on their journeys home from Guangdong since Jan. 30 to inland provinces of Hunan, Sichuan and Guizhou, and Chongqing Municipality.The stations were in cities whose economy heavily relies upon migrant workers, including Guangzhou, Shenzhen, Foshan, Dongguan and Huizhou, all in Guangdong, known as "Factory of the World".With the real-name ticket selling scheme, gone were those long waiting queues -- which had been ubiquitous before the experiment-- at the entrances of Guangzhou Railway Station where transportation task is usually the heaviest around important traditional festive seasons such as Spring Festival.Xiong Xiaoyan, who was heading for her home province of Guizhou, southwest China, was surprised to find the ticket-checking process taking only 10 seconds."I thought the waiting line would be much longer than normal as the identity card check was supposed to take more time", she said, "I didn't expect it to be so prompt!"Huang Xin, director of the passenger transport section of the Guangzhou Railway Group, attributed the efficiency to the improved ticket check-in infrastructure. "We used to have only seven to eight ticket gates. Now the number has grown up to 108," Huang said.At each entrance gate to the platform, an identity recognition system was put into place. Inspectors could scan a traveller's ticket and his or her ID card separately on two sets of equipment: screens will immediately display the information about a ticket purchaser and the ID card holder with photos. If the names and codes on the ticket and ID card matches, inspectors will stamp the ticket and let go the traveller.Huang said that this year's pre-Spring Festival single-day traffic record had overtaken that of last year to 232,000 people on Feb. 28."I think the pilot operation has successfully passed the ticket check-in test as the extra procedure aiming to secure fairness cut rather than prolong travelers' waiting time," said Huang.Dozens of train stations in Hunan, Sichuan, Chongqing and Guizhou, home to a huge number of migrant workers, started to pilot the real-name train ticket selling scheme on Sunday.Tens of millions of migrant workers go back home before the Spring Festival for often once-in-a-year family reunions. They return to cities after the festival.The scheme runs through March 10.SCALPERS CORNERED NOT UPROOTEDBefore the name-based system was adopted, travellers had long complained about scalpers worsening the ticket shortage problem by stockpiling tickets and reselling them at higher prices as the country's railway transport capacity falls far short of its annual Spring Festival traffic demand.During this travelling season from Jan. 30 to March 10, the railways were expected to transport 210 million passengers, up 9.5 percent year on year, or 5.25 million passengers per day, according to the Ministry of Railways.Migrant worker Wang Xiangneng from central Hunan Province thought the real-name system had put a curb on scalpers. "Anyone can buy a ticket either by phone calls or at ticket booths now. It is really first-come and first-served," said Wang.Taking himself as example, Wang said that a one-way ticket for a hard seat from Guangzhou to Shaoyang priced at 51 yuan used to be sold at least 200 yuan by scalpers in the past."If we were able to secure a ticket from the station or authorized outlets, we could have several days' pay spared. That is not a small amount for us," he said.But there are people always trying to beat the new system to make illegal profits. Police in Guangdong have captured 837 illegal ticket vendors and confiscated more than 2,500 scalped tickets by Feb. 8.In Chongqing, local police have also cracked down on several ticket scalping cases.From two suspects, the police have seized 37 real-name tickets, 115 IDs for ticket booking via phone calls and four household registration booklets. The two suspects surnamed Wang and Gou separately confessed they would charge an extra 20 to 30 yuan for each ticket.Yue Jinglun, director of the Social Policy Research Institute of the Guangzhou-based Sun Yat-sen University, said there was much to be done to prevent the real-name system from being taken advantage of by scalpers."No one would deny that the trial operation has been a very positive step in securing fair distribution of scarce train ticket resources. The key is to constantly optimize the system, rather than abandoning it for fear of defects," he said.Huang Xin said the way to tackle train ticket shortage problem from the root was to expand the country's railway transport capacity. "At the core this is supply-and-demand problem," he said.
BEIJING, Feb. 28 (Xinhua) -- Some foreign diplomats and journalists based in Beijing Sunday were invited to watch Road of Rejuvenation, a music-and-dance epic highlighting China's twists and turns in the past 170 years.The gala at the National Center for the Performing Arts (NCPA) was presented by more than 1,000 performers, featuring China's modern and contemporary history with chorus, dances, and stage screens.Iwona Rogacka-Hu, an officer with the Embassy of the Republic of Poland, said every step of the country's progress was presented clearly in the epic gala and she was moved by the themes of the mother and motherland.Peter A. Fischer, a Swiss correspondent with Zurich Times (NZZ) Beijing Office, said he saw many battles and difficult times in China's modern history through the show."I hope these will never come again, and China will grow more prosperous and open further up," Fischer said.The gala was produced to mark the 60th anniversary of the founding of the People's Republic of China in October 2009. It debuted in Beijing on Sept. 20 last year.Zhang Jigang, director of the show, said so far 40 performances had been staged at the NCPA, and there are 40 more to go."The tickets for the upcoming shows have been sold out," said Wang Zhengming, vice president of the NCPA.Zhang said the gala had been filmed and would be available in cinemas soon.