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SCHWEIZER
BOTSCHAFT IN BEIJING
EMBASSY OF SWITZERLAND IN BEIJING
AMBASSADE DE SUISSE EN CHINE |
Der wöchentliche
Presserückblick der Schweizer Botschaft in der VR China
The Weekly Press Review of the Swiss Embassy in the People's Republic
of China
La revue de presse hebdomadaire de l'Ambassade de Suisse en RP
de Chine |
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Foreign
Policy |
Six-party talks endeavor to translate
commitment into action
2005-11-11 People's Daily
The latest session of the six-party talks on the Korean nuclear
issue ended with a chairman's statement, which experts say signifies
all parties endeavor to translate the commitments into actions.
() The chairman's statement issued Friday said the parties reaffirmed
that they would "fully" implement the joint statement
in line with the principle of "commitment for commitment,
action for action." "The statement shows that the
talks have got a clearer focus and are drawing closer to the
actual actions," said Liu Jiangyong, expert on international
studies of Tsinghua University. The talks group China, the Democratic
People's Republic of Korea(DPRK), the United States, the Republic
of Korea(ROK), Russia and Japan. Chief US negotiator Christopher
Hill described the talks as "achieving benchmark,"
saying that the delegations of China, ROK, Japan and Russia
have all made "good approaches and positive suggestions."
China shared with other parties its "roadmap" at the
beginning of the latest session Wednesday. Wu Dawei, China's
chief negotiator, suggested that the fifth round be carried
out in phases: the delegation heads of the six nations first
table a general scenario and a working group or expert panel
works out detailed rules and submit them to the delegation heads
for consultations. Head of the Japanese delegation Kenichiro
Sasae Friday hailed the chairman's statement, saying it gave
full consideration to the interests of all parties and would
help implement the joint agreement in a comprehensive and rapid
manner. Earlier, Sasae proposed setting up "two working
groups "specializing respectively in DPRK nuclear dismantlement
and inspection, and economic and energy aid to the DPRK. Qin
Gang, spokesman for Chinese delegation, told a press briefing
Wednesday that it might be an "appropriate choice"
to set up working groups or expert teams so as to implement
the joint statement. "It will be easier to reach consensus
within working groups than in the plenary session as working
groups tend to be more efficient," said Ruan Zongze, deputy
director of the China Institute of International Studies. But
the positions of the two primary actors, the DPRK and United
States, remained widely apart. "We have raised very seriously
the financial sanctions which were imposed by the U.S. on (North
Korea),'' Kim Gye-Gwan, DPRK's chief delegate, told reporters
after three-days of negotiations Friday. ()
Hu, Blair reach vital consensus on furthering bilateral
relationship
2005-11-10 People's Daily
Chinese President Hu Jintao and British Prime Minister Tony
Blair reached vital consensus on Wednesday on promoting the
existing comprehensive strategic partnership to a higher level.
During their talks at No. 10 Downing Street, the two leaders
had thorough exchanges and expressed their satisfaction over
the good momentum of China-British relations. Hu said the establishment
of strategic partnership between China and Britain in 2004 ushers
in a new stage for the development of bilateral relations. Since
then, the two sides have sustained high-level political dialogues
and consultations on sustainable development. Trade and economic
co-operations have yielded new results and the two countries
have maintained good coordination and collaboration. Hu reiterated
that China attaches great importance to its relations with Britain,
and China's development is an opportunity to Britain. He suggested
that the two countries regard bilateral relationship from a
long-term and strategic perspective by keeping the current momentum
of high-level exchanges, particularly the annual meetings of
the leadership and foreign ministers, as well as exchanges between
legislative institutions and political parties. Political dialogue
and co-operation on global issues such as sustainable development,
poverty alleviation, climate change, free trade should also
be enhanced within the multi-lateral framework of the United
Nations, the World Trade Organization and Asia- Europe Meeting,
Hu said. The Chinese president also suggested that bilateral
co- operation be further expanded from the current priority
areas of trade and investment, finance, energy, science and
technology, education and culture, environmental protection
and sustainable development, to cover for instance bird flu
prevention and the preparation for the Olympics. () On China-EU
relations, Hu said, a closer overall strategic partnership is
of major significance to world peace, stability and prosperity.
"We hope to see European Union plays a more important role
on issues pertaining to Europe and the world as a whole,"
Hu noted. Blair said the EU attaches much importance to further
its relations with China, and will make further efforts to address
issues of China's concerns. The two leaders also exchanged views
on major regional and international issues. After the meeting,
Hu and Blair attended the signing ceremony of the joint communique
of the fifth meeting of Sino-British Trade and Investment Joint
Committee as well as documents of aviation cooperation. State
Councilor Tang Jiaxuan and Britain's Deputy Prime Minister John
Prescott were present at the meeting.
Chinese president concludes visit to Germany
2005-11-14 People's Daily
Chinese President Hu Jintao concluded his three-day visit to
Germany Sunday, and left the German city of Dusseldorf for Madrid
for a state visit to Spain. During his visit to Germany, the
first as a China's head of state, Hu exchanged views with German
leaders over bilateral relations and major international and
regional issues of common interest. The two sides agreed to
expand all-round cooperation between the two countries in the
new century. China and Germany signed a series of cooperation
documents during Hu's visit to the European country. The Chinese
president had a wide range of contact with German celebrities
from political, business, educational and other sectors. The
Chinese president flew in from Berlin Saturday for a tour of
Dusseldorf. In recent years, China-Germany relations have developed
soundly. The two countries have maintained exchanges of high-level
visits, and political mutual trust has been strengthened constantly.
The two nations have kept close consultations on major international
issues. Germany is China's largest trade partner in Europe while
China is Germany's largest trade partner in Asia. In 2004, trade
between the two countries recorded at 54.1 billion US dollars,
a 29 percent increase over the previous year. By the end of
last year, Germany's direct investment in China reached 9.9
billion dollars. ()
Hu in Spain for last stage of European trip
2005-11-14 China Daily
China's President Hu Jintao has arrived in Spain for the final
leg of a European trip dominated by trade. Hu was met at Madrid's
airport Sunday by Spanish Foreign Minister Miguel Angel Moratinos.
Two days of official engagements were beginning on Monday, including
meetings with King Juan Carlos and Prime Minister Jose Luis
Rodriguez Zapatero. () Spain is no less eager than its EU allies
to secure increasing amounts of business with the world's fastest-growing
major economy. Madrid's key goal is to correct a growing imbalance
in trade, which saw a deficit with the Chinese of seven billion
dollars (six billion euros), Spain ranking just 30th in terms
of worldwide exporters to China. Nonetheless, the Spanish are
making inroads, with the wind turbine and aeronautics firm Gamesa
having in recent month's inked contracts to supply 40 wind turbines
to China. The firm is hoping to corner about one-third of China's
renewable energy market. Telecoms giant Telefonica has meanwhile
taken a stake in China Netcom Group as it diversifies out of
Spain and Latin America.
Hu to take 'peaceful rise' diplomacy to APEC
2005-11-14 China Daily
Chinese President Hu Jintao will be aiming to portray China's
growing regional and global strength as a "peaceful rise"
at the upcoming APEC summit, officials and analysts said. During
the two-day Asia Pacific Economic Cooperation (APEC) leaders'
forum in South Korea starting on Friday, Hu will pledge China's
constructive contribution on issues such as trade, North Korea
and fighting terrorism, they said. But he will likely snub a
meeting with Japanese Prime Minister Junichiro Koizumi. "President
Hu will exchange ideas about further promoting balanced, stable
and sustained growth of the global economy and China's priorities
for APEC," China's Foreign Minister Li Zhaoxing told journalists.
"We hope that this meeting will achieve progress in supporting
the healthy development of the multilateral trading regime ...
while also addressing the question of high oil prices, bird
flu and natural disasters." Hu arrives in South Korea on
Wednesday for an official state visit before attending the APEC
summit in the city of Busan. A series of bilateral meetings
with APEC leaders are being arranged during the summit, officials
said. Hu is currently on a tour of Europe. Before that he was
in Vietnam and North Korea. At each stop he has attempted to
emphasise his nation's peaceful rise as an economic and global
power. ()
Beijing: Bush-Dalai Lama meeting negative
2005-11-11 Xinhuanet
China criticized US President George W. Bush yesterday for meeting
the Dalai Lama this week, and dismissed Washington's annual
report on religious freedom as groundless. "The Dalai Lama
is not a simple or a pure religious figure. He is a political
exile who undertakes secessionist activities abroad," Foreign
Ministry spokesman Liu Jianchao said at a regular news briefing.
"We oppose meetings between him and other leaders."
Bush's White House meeting with the Dalai Lama on Wednesday
came just days ahead of his Beijing visit scheduled for November
19-21. "Other leaders should not provide a platform for
him to separate the country," Liu said. On Tuesday, the
Bush administration, in a report to Congress, labelled China
a serious violator of religious freedom along with Myanmar,
the Democratic People's Republic of Korea (DPRK), Viet Nam,
Iran, Sudan, Eritrea and Saudi Arabia. Liu said the State Department's
annual report on religious freedom, which said China restricts
religious practice to State-sanctioned groups, made groundless
accusations. "We urge the US Government to stop interfering
in China's religious affairs under the guise of the religion
issue," Liu said, adding all people in all regions in China
enjoy religious freedom in accordance with the law. But Liu
stressed the two incidents would not overshadow Bush's visit
to Beijing. "The importance will not be diminished by a
single incident," he said. "The visit will achieve
its planned goals." In the face of a widening U.S. trade
deficit with China, US President George W. Bush will pressure
China to make good on a pledge of economic concessions on an
Asia tour that will also focus on fighting bird flu and North
Korea's nuclear program, a top aide said on Thursday, the Reuters
reported. Bush, facing political turmoil at home over the Iraq
war, soaring gasoline prices and a CIA leak probe, leaves on
Monday for a week-long trip to Japan, South Korea, China and
Mongolia. White House National Security Adviser Stephen Hadley
said Bush would try to advance cooperation on top priorities
but did not expect to come home with specific agreements. Struggling
to contain a U.S. trade deficit with China that is running at
an annual rate approaching $200 billion, Bush wants Chinese
President Hu Jintao to liberalize China's currency system and
let the yuan rise in value. U.S. politicians and business lobby
groups complain it has been kept at too low a level, harming
U.S. manufacturers. ()
Beijing, Washington agree to resume Taiwan dialogue
2005-11-08 SCMP
Beijing and Washington have agreed to resume officially backed
consultations on cross-strait affairs following the summit between
President Hu Jintao and his US counterpart George W. Bush next
week. Wang Zaixi, deputy director of the State Council's Taiwan
Affairs Office, will head for New York to attend the two-day
closed-door meeting scheduled for November 29 and 30, sources
say. Several senior officials from the office, including two
bureau heads, and leading think-tank academics will join Mr
Wang in talks between politicians and academics from the US,
the mainland and Taiwan. Mainland and US diplomats agreed to
resume the consultation in recent talks to arrange Mr Bush's
visit to the mainland, sources said, adding that the development
suggested progress in relations between the two powers. ()
Beijing, Manila sign agreement to establish friendly relations
2005-11-14 Xinhuanet
The Chinese capital city of Beijing and the Philippine capital
city of Manila Monday signed an agreement to establish friendly
relations between the two cities. Visiting Beijing Mayor Wang
Qishan and Manila Mayor Lito Atienza signed the agreement which
calls for more exchanges and cooperation between the two cities
in the fields of economy, culture, education, city construction,
sports and health and sanitation. Wang said at the signing ceremony
that he was deeply impressed by the warm reception given to
him by the outstanding people of Manila. He also praised Mayor
Atienza for his distinguished leadership of the city. Wang said
Beijing and Manila share many common features and both of them
are making achievements in the their economic and social development.
He expressed his confidence that the two cities will further
strengthen their relations through more exchanges and bilateral
visits of personnel. The Beijing mayor, whose city will host
the 2008 Olympics, also expressed his wish that someday Manila
can play host to the Olympic Games as the city is fully capable
of doing so with its good people and good municipal government.
Atienza said that when he visited Beijing two years ago, he
was deeply impressed by the city construction and economic and
social development of Beijing. He said he has from then on regarded
Beijing as an example of development for Manila. Atienza also
thanked Wang for choosing Manila as the first foreign city to
visit this year. The two mayors also congratulated the opening
of Beijing- Manila direct flights by the Philippine Airlines.
|
Domestic
Policy |
23 provinces completely mobilized for
bird flu prevention
2005-11-13 People's Daily
By Saturday, 23 provincial regions across China have held meetings
on prevention and control of bird flu epidemics, and launched
all-around mobilization, Ministry of Agriculture said Sunday.
Many provinces have established quick-response mechanisms on
major animal-related epidemics, and set up the 24-hour on-watch
systems, the ministry said. These provinces, municipalities,
and autonomous regions all increase their fund and material
investment so as to guarantee the demand of epidemic prevention
and control work. Inner Mongolia, Jilin, Hunan, Hubei, Chongqing,
Yunnan, Shaanxi, Ningxia and Xinjiang allocated special fund
for the prevention work of bird flu. These provinces have raised
fund to buy and reserve bacterins, disinfection products, and
equipment and exposure suits. North China's Shanxi Province
injected bacterins to poultry raised by farmers free of charge,
while east China's Zhejiang Province appointed one epidemic
reporter in each village. Beijing Municipality enhanced the
inspection and quarantine work on poultry products transported
from other parts of China by railway, air and road. East China's
Jiangsu Province sent inspectors to markets and set up temporary
disinfection stations on road intersections. Local agricultural
and sanitation departments have enhanced their cooperation and
established information-exchange mechanism to jointly prevent
the bird flu epidemic, the ministry said.
Wen: Situation in bird flu control 'serious'
2005-11-10 China Daily
Chinese Premier Wen Jiabao has called on the nation to intensify
efforts to fight bird flu as the country is facing a "very
serious situation" in controlling the epidemic. Bird flu
has not been totally controlled in China and the danger of its
spread still exists in some areas, the premier said during an
inspection tour of the bird flu-hit Heishan County in northeast
China's Liaoning Province on Tuesday. About 1,100 chickens were
killed in the latest outbreaks, which were reported to the provincial
health authorities on November 6. The National Avian Influenza
Reference Laboratory confirmed yesterday that the latest cases
involved the deadly H5N1 strain of bird flu. Local governments
have culled about 500,000 poultry within a 3-kilometre radius
of the outbreak sites to prevent the spread of the deadly virus.
On Tuesday, Premier Wen Jiabao called for intensified efforts
to fight bird flu as the country faces a "very serious
situation." Bird flu has not been brought under total control
and is likely to spread, Wen warned on Tuesday during an inspection
tour of Heishan County in Northeast China's Liaoning Province.
He urged the local governments to focus on the prevention of
human infections, a task he described as "arduous."
Roche halts Tamiflu sales in China
2005-11-08 China Daily
Swiss drug-maker Roche said Tuesday it had stopped selling the
antiviral drug Tamiflu in China and was turning over supplies
to the government as local officials were ordered to prepare
to treat possible human cases of bird flu. Tamiflu supplies
are "now being transferred to China's Ministry of Health
for centralized allocation and distribution," the Chinese
arm of Roche Holding AG said in a written statement. Sales were
halted in China on Nov. 1, it said. There is no approved human
vaccine for bird flu, which is almost always caught from close
contact with infected birds. But Tamiflu is one of the few drugs
believed to be effective against bird flu. In the event of a
possible human flu pandemic, Roche said, "the government
is in the best position to handle rapid response and distribution."
The company didn't say how much Tamiflu it turned over to the
government or whether it would be compensated. Concerns that
private suppliers might be hoarding Tamiflu have prompted Roche
to limit sales in other countries, including the United States,
Switzerland, Germany and Canada. The World Health Organization
advises governments to keep enough antiviral drugs and regular
human flu vaccines for at least 25 percent of their populations.
() Authorities fear that H5N1 could mutate into a form that
is easily passed from human to human, sparking a possible pandemic.
Health Minister Gao Qiang ordered local officials to step up
efforts to prevent human infections and preparations to treat
possible cases, Xinhua News Agency said. In a nationwide video
conference, Gao told officials on Monday "to strengthen
work at three key links, namely monitoring, control and treatment,"
Xinhua said. The government has ordered increasingly strict
preventive measures. ()
China to produce Tamiflu if bird flu spreads
2005-11-09 China Daily
As the threat of bird flu grows around the world, a leading
institute affiliated to the Chinese Academy of Sciences declared
that it would produce Tamiflu, the only drug said to be effective
against the virus. "If the epidemic spreads, we will produce
our own version of Tamiflu," Wu Jiarui, vice-president
of the Shanghai Institute of Biological Sciences, said yesterday.
Swiss-based Roche Holding AG holds the sole patent for Tamiflu
but under Chinese law, it could be sidestepped in case of a
public health crisis. Scientists agree it is easy to produce
Tamiflu once the proper materials are available although the
process is complicated. The institute has got the right materials,
said Wu. The primary goal is to try to produce a Chinese version
of shikimic acid, the active ingredient in Tamiflu, which is
derived from star anise a spice widely produced and used in
China but Wu said the acid is also found in other plants used
in traditional Chinese medicine herbs. Meanwhile, Shanghai Pharmaceutical
Group Co Ltd (SPG) expects a "very positive response"
from Roche on its application to produce Tamiflu, which it submitted
last week. Huang Yanzheng, vice-president of SPG and board chairman
of Shanghai Roche a joint venture between Roche and SPG said
it would take about six months for SPG to mass-produce Tamiflu
once Roche gives the go-ahead. As public anxiety about bird
flu grows in the country, all segments of the poultry industry
have been hit hard. Prices for chicks have plummeted 90 per
cent in some areas, from 2 yuan (US 25 cents) to 0.2 yuan (US
2.5 cents), the Information Centre of China Feed Association
said. Supermarkets have cut down purchases of dressed chickens
and ducks because of sluggish sales. Wumart, a Beijing-based
chain supermarket, said it had cut purchases by half in the
past two weeks. Shandong Liuhe Group, one of the country's leading
suppliers of live fowl and poultry feed, said it suffered a
loss of 4 million yuan (US$494,000) last month alone. The group's
vice-chairman, surnamed Zhang, said the company has been forced
to adopt a "zero profit" strategy this month in the
live-fowl business. Sales of poultry feed dropped by 10 per
cent last month and may see a 20-30 per cent drop in the next
few months, he added. ()
6 missing, 70 wounded in chemical plant blasts
2005-11-13 Xinhuanet
Some 70 people were wounded and six others missing in blasts
that occurred Sunday afternoon in a chemical plant in Jilin
City of northeast China's Jilin Province, local authorities
said. The wounded have been sent to two hospitals and two seriously
injured are receiving emergent operations, rescuers said. More
than 10,000 residents and students in a university nearby have
been evacuated, the authorities said. The municipal government
has asked hotels and restaurants in the city to provide rooms
for the evacuated people. Taxies were called on to help the
evacuation. The blasts took place at a workshop in No. 101 Chemical
Plant under the Jilin Petrochemical Company about 2:00 p.m.
to 3:00 p.m.Sunday in Jilin City, some 100 km east of Changchun,
capital of Jilin Province. The fire caused by the blasts has
been under control but is yet to be put out completely, rescuers
said.
15 people dead in bridge collapse
2005-11-07 China Daily
Fifteen people died, three were injured and one remains missing
after a 170-metre-high bridge collapsed on Saturday afternoon
in Wuchuan County, Zunyi, and a city in Southwest China's Guizhou
Province. The bridge, which was under construction, collapsed
suddenly at around 2 pm. nineteen workers fell with the bridge
and were buried beneath debris from the collapsed structure.
Five workers were sent to the county hospital where two died,
said Liu Qi, a doctor at the hospital. Of the three others wounded,
Tan Po, 26, underwent brain surgery on Saturday, and was still
in a serious condition, Liu said. Ding Chenghe, 46, and Chen
Chaoyun, 48, suffered broken bones but are stable, he added.
Bodies of 13 other victims were found by rescuers, with one
still missing, according to Wang Feng, a senior officer with
the local public security bureau, which has been in charge of
search and rescue since the accident. The cause of the bridge
collapse is still under investigation.
Officers punished for deaths of 85 Chinese armed police
cadets in Typhoon Longwang
2005-11-14 People's Daily
China's State Council and Central Military Commission have decided
to punish five officers accountable for the deaths of 85 armed
police cadets caused by Typhoon Longwang on October 2. Yu Deshui
and Chen Qingyao, the commander and the political commissar
of the Fujian provincial unit of the Chinese People's Armed
Police, were deposed and given records of serious demerits,
said an order issued recently by the State Council and the Central
Military Commission. President Zhou Xiaomeng and political commissar
Shi Gongsheng of Fuzhou Armed Police Command School were removed
from their posts both in the Communist Party of China and the
Armed Police. Hou Yongjun, director of the cadets brigade, was
to be prosecuted by law enforcement organs. Typhoon Longwang
landed in southeastern China on October 2. It caused sudden
downpours and a landslide, which destroyed the barracks with
cadets inside, killing 85 of them.
China reports 132,545 cases of HIV infection
2005-11-08 People's Daily
China reported 132,545 accumulated cases of HIV infection by
the end of August this year, announced Vice Health Minister
Wang Longde in Zhengzhou on Monday. The cases include 30,158
AIDS patients and 7,643 deaths. The provinces and regions of
Yunnan, Henan, Guangxi, Xinjiang and Guangdong reported more
than 10,000 cases each, accounting for 77 percent of the total
amount, said Wang at an AIDS conference held in Zhengzhou, capital
of central China's Henan Province. Drug abuse is still the main
mode of transmission, accounting for 41.6 percent of infections.
An unclear source of infection accounts for 22 percent, but
Wang expected most were through sex. The infection rate in pregnancy
increased from zero in 1997 to 0.26 percent in 2004, which indicates
the epidemic is spreading from high-risk groups to ordinary
people, he noted. The ministry at the end of 2004 reported 106,990
HIV infected cases including 23,955 AIDS patients. However,
experts believe the reported cases only account for 12.7 percent
of the real number, suggesting that China now has about 840,000
HIV carriers, including 80,000 AIDS patients.
UN environment agency to help China with 2008 Olympics
2005-11-09 Xinhuanet
The United Nations Environment Program (UNEP) announced here
Wednesday it was signing on November 18 an agreement with the
Beijing Organizing Committee for the 2008 Olympic Games (BOCOG)
to jointly promote environmental initiatives. "The memorandum
of understanding is aimed at helping Beijing with its ambitious
proposals in areas ranging from air, water and noise pollution
up to transport, landscaping and the disposal of solid wastes,"
said a UNEP statement. UNEP will also be helping with public
awareness campaigns which it is hoped will leave a lasting legacy
among citizens in Beijing and China generally on the importance
of the environment for long lasting and enduring development,
according to the statement. "Without doubt, sports and
sports men and women can be a power for good in the world inspiring
by example and bringing together communities, nations and cultures
in a common understanding of the principles of peace and fair
play," said Klaus Toepfer, UNEP's executive director. In
terms of the environment, the BOCOG is taking measures to make
the upcoming summer games "a crucial guide for environmentally-friendly
mass spectator events everywhere over the coming years",
added Toepfer. Green Olympics, High-tech Olympics and People's
Olympics are the three concepts that Beijing uses to promote
the 2008 Games. In line with the Green Olympics concept, the
Chinese capital has been moving pollutant factories out of the
city and promoting water-saving measures among hotels that will
serve the Games. In another move, the China International Environment
Logo Exhibition is scheduled for November 16-18, 2005 at the
Beijing International Exhibition Center. ()
|
Economy |
China 2005 GDP growth forecast at over
9%
2005-11-09 China Daily
China's central bank said it expects the economy to motor ahead
with growth in gross domestic product (GDP) expected to surpass
9.0 percent, with a rise in inflation of about 2.0 percent.
The third quarter monetary report from the People's Bank of
China reiterated that it would maintain prudent monetary policy
in the fourth quarter as consumption, investment and net exports
were expected to push forward economic growth. "The central
bank will ... continue its prudent monetary policy, maintain
the continuity and stability of its policy in the fourth quarter,
strengthening its fine-tuning (ability)," the report said
Wednesday. China's GDP grew 9.4 percent in the first nine months
of 2005, while its main inflation index, the consumer price
index (CPI), rose 2.0 percent. It warned that it expected a
rebound in fixed asset investment, which grew 26.1 percent in
the first three quarters of the year, but played down the risk
of deflation that some analysts have warned about as prices
slipped over the year. Fixed-asset investment, which largely
reflects government spending on infrastructure, totalled 5.71
trillion yuan (704 billion dollars) in the nine months to September.
The broad measure of money supply growth was expected to expand
by 17 percent in 2005, higher than its previous target of 15
percent. At the same time, new bank loans would amount to 2.3-2.5
trillion yuan (280-308 billion dollars) this year, just about
on target with its full year forecast of 2.5 trillion yuan.
The report, published one day after Washington and Beijing struck
a deal to restrict Chinese textile exports, added that risks
included trade protectionism and high oil prices. "The
hike in international oil prices has had a negative impact on
China's economy and so it is necessary to speed up the reform
of the oil pricing mechanism," it said. While global economic
growth would continue to support the growth of Chinese trade,
"a rebound in trade protectionism in some countries will
cause some uncertainties in our exports," it said It also
reiterated that it would maintain a stable yuan at reasonable
and balanced levels while allowing market forces to help determine
the unit's value. Yuan appreciation pressure showed signs of
weakening and indicated that the central bank could widen channels
for capital outflows, allowing for domestic companies to invest
more overseas. China revalued the yuan by 2.1 percent against
the dollar in July and scrapped its long-standing peg to the
US unit, linking the currency to basket a major currencies.
Mandelson on EU anti-dumping action against China
2005-11-07 China Daily
EU Trade Commissioner Peter Mandelson pledged to only take action
against China on alleged dumping of footwear if it is "warranted"
and "justified". In a joint news conference with Chinese
commerce minister Bo Xilai, Mandelson said he expected the results
of an EU anti-dumping probe opened at the end of June to "come
in due course". "But I will not be taking action unless
I'm absolutely convinced that it is justified and warranted,"
Mandelson added. The Financial Times reported that Brussels
was preparing to slap tariffs on the country's leather and reinforced
shoes exports for dumping them on the EU market -- selling them
at below prices below the cost of production. Bo said he hoped
the commission would stave off imposing the measures. "We
don't want to see these industries facing anti-dumping measures
by the EU. Our trading relationship is of a complimentary nature."
Although Mandelson said his talks with Bo had touched on footwear
only in passing, there were more focused discussions on China's
cherished goal of gaining market economy status, which is important
regarding how anti-dumping charges are handled. However, Mandelson
would not be drawn into issuing precise timing on granting China
market economy status, saying: "We are working on the substance
and not deadlines." More broadly on anti-dumping, Mandelson
said the number of EU cases lodged against China had been "slowing
up over the last year but when we receive a complaint we are
duty bound to investigate it." "If action is justified
we take action, it's proportionate, it's not excessive, its
reasonable and that's how it will continue," he added.
Banks uncover 894 corruption cases
2005-11-09 China Daily
Chinese banking institutions uncovered 894 criminal cases in
the first three quarters of this year involving millions of
yuan, despite an increase in the economic losses recovered,
regulators said. The report by the China Banking Regulatory
Commission released yesterday said the banking industry uncovered
84 cases that involve more than 1 million yuan (US$120,000)
each between July and September. During the first half of this
year, 240 cases of corruption were found in State-owned commercial
banks alone, with losses totalling 1.6 billion yuan (US$197
million), according to Xinhua news agency. In addition to efforts
to crack down on the crimes, the banking industry has strived
to recover the losses. About 1.02 billion yuan (US$126 million)
was recovered from the 84 cases with each involving more than
1 million yuan (US$120,000). It is an increase of 452 million
yuan (US$55.7 million) year-on-year. About one-third of the
losses resulting from corruption were recouped, up 1.8 per cent
than the corresponding period. The report also said the major
banks saw a decline in banking crimes and economic losses in
the third quarter. In the third quarter, 199 cases were discovered
at State-owned commercial banks and joint-stock commercial banks.
The second quarter had 285 cases. Financial losses resulting
from the crimes were reduced by 397 million yuan (US$49 million)
to 246 million yuan (US$30 million). To crack down on corruption,
892 individuals involved in the banking crimes were punished
from January to September 224 more than the corresponding period
last year. Among those accused, 376 were former senior management
officials from financial institutions, accounting for 42.15
per cent of the total. As of September, 189 banks and more than
30,000 credit co-operatives had a total assets of 30 trillion
yuan (US$3.7 trillion). The big four State-owned commercial
banks China Construction Bank, Agricultural Bank of China, Industrial
and Commercial Bank of China and Bank of China had 55 per cent
of the market.
Shanghai No 1 in industrial competitiveness
2005-11-07 Xinhuanet
Shanghai, Tianjin and Guangdong top an updated UN score sheet
on regional industrial competitiveness in the country. The Chinese
capital Beijing ranked fourth with its manufacturing ability
accounting for around 60 per cent of China's economic hub, Shanghai.
The report on the survey, conducted by the United Nations Industrial
Development Organization (UNIDO), was made exclusively available
to China Daily. Shanghai was graded 0.903 in competitive industrial
performance (CIP) on an index value ranging from zero to one.
Beijing scored 0.585 while Tibet was the worst performer, at
0.056. "To sum up, the eastern regions dominate the top
half of the scoreboard, while central and western regions dominate
the bottom half," said Sergio M. Miranda-da-Cruz, till
recently the UNIDO Representative for China, Mongolia, the Democratic
People's Republic of Korea and the Republic of Korea. Miranda-da-Cruz
assessed 31 provinces, municipalities and autonomous regions
on the Chinese mainland by considering indicators such as per
capita manufacturing value added (MVA), manufacturing exports
and share of medium and high-technology industries in MVA. "This
report focuses on the development of western China, and on measures
that the central government and regional governments can take
to reduce the disparities, which are, in fact, increasing between
the coastal areas and the rest of China," said Sergio.
He said expectations that China would outperform the rest of
the world in the manufacturing sector within the next few years
are realistic but the country also faces challenges. ()
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Mongolia |
Bird Flu Quarantine Cancelled
2005-11-10 UB Post
A strict quarantine on bird flu implemented in early August
around Erkhel Lake in Alag-Erdene soum, Khovsgol aimag was cancelled
early this week by order of the local administration. Since
the end of July, 303 wild birds have died, mostly in or near
Erkhel Lake, but there have been no new deaths since the last
one 13 days ago, according to B.Batkhuu, governor of Khovsgol
aimag. This was one of the final pieces of evidence that the
threat had been contained, he explained. "The quarantine
is canceled by a joint decision of State Professional Inspection
Agency, State Veterinary Hospital, Ministry of Food and Agriculture
and National Emergency Agency," said Batkhuu to Onoodor
daily newspaper on Wednesday. There are few wild no migratory
birds in the area.
Condoleezza Rice to Visit Mongolia U.S. Secretary of State
2005-11-10 UB Post
Condoleezza Rice will visit Mongolia, leading a delegation of
over 300 people including around 50 high-ranking White House
officials as they accompany U.S. President George W.Bush on
his visit to Mongolia on November 21, announced Minister of
Foreign Affairs Ts.Monkh- Orgil at a press conference on Tuesday.
This visit is scheduled to last for 5 hours. Monkh-Orgil made
this announcement at the Press Institute, confirming the news
broken by the Japan Today Web site on November 4. Rice's trip
will take her to the Middle East, South Korea and China during
November 10 to 21. Rice will spend a few days in the Middle
East before travelling to Pusan, South Korea, to participate
in the Asia-Pacific Economic Cooperation (APEC) forum ministerial
meeting, beginning November 15, State Department spokesman Sean
McCormack said, according to Japan Today Web site. Bush will
attend the November 18-19 APEC summit in Korea, and Rice will
join him when he leaves Korea to visit China and Mongolia, McCormack
said, according to Japan Today.
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Julie Kong
Embassy of Switzerland
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The Press review is a random selection
of political and social related news gathered from various media
and news services located in the PRC, edited or translated by
the Embassy of Switzerland in Beijing and distributed among Swiss
Government Offices. The Embassy does not accept responsibility
for accuracy of quotes or truthfulness of content. Additionally
the contents of the selected news mustn't correspond to the opinion
of the Embassy. |
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