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BEIJING, March 24 (Xinhua)-- China's Ministry of Finance (MOF) announced Wednesday it would issue a batch of ten-year book-entry treasury bonds with a total par value of 26 billion yuan (3.8 billion U.S. dollars) starting on Thursday.The batch is the 7th of its kind the MOF has issued this year. The issue of this batch of T-bonds ends on March 29, according to a statement on the MOF's official website.The bonds would be traded on the interbank bond market and securities bond market from March 31.The bonds have a fixed annual interest rate of 3.36 percent, with the interests to be paid every half year, on March 25 and Sept. 25, respectively, according to the statement.The last interest payments and principals would be paid back together on March 25, 2020, statement said.  Book-entry bonds are the bonds recorded in the investors' securities accounts called book entries. They can be traded on the open market, and their market prices can deviate from par value.

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URUMQI, March 2 (Xinhua) -- Senior Chinese leader Zhou Yongkang has revealed that the government is preparing measures to boost the economic and social development of the northwestern Xinjiang Uygur Autonomous Region.Zhou, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during a four-day inspection to the region that ended on Sunday.Zhou mingled with local cadres, teachers and residents when visiting Kashi Prefecture, Urumqi, the regional capital, and Shihezi City. He stressed the issues of housing, education and employment should be appropriately resolved to ensure social harmony. Zhou Yongkang (R Front), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, chats with residents in Kashi, northwest China's Xinjiang Uygur Autonomous Region, Feb. 25, 2010. Zhou made an inspection tour in Xinjiang on Feb. 25-28.He told two separate symposiums in Kashi and Urumqi that the CPC Central Committee would hold a meeting in the first half of this year, at which major decisions would be made to boost Xinjiang's development and enhance its stability.Zhou said development should benefit people of all ethnic groups in the region.

BEIJING, Jan. 27 (Xinhua) -- China is scheduled to issue 26 billion yuan (3.82 billion U.S. dollars) of book-entry treasury bonds from Jan. 28, the Ministry of Finance (MOF) announced Wednesday.The two-year bonds, the first batch of treasury bonds this year, will be issued on the national inter-bank bond market and securities exchange market on Jan. 28 and Jan. 29, the MOF said in a statement on its website.The bonds have a fixed annual interest rate of 2.01 percent and will be available for trading from Feb. 2. Interest will be paid annually. The principal will be paid upon maturity on Jan. 28, 2012.

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SHANGHAI, Jan. 17 (Xinhua) -- China's economic hub Shanghai in December posted the first year-on-year growth in both imports and exports in 14 months, indicating further recovery from the economic downturn, local customs said Sunday.     Last month, Shanghai's foreign trade stood at 30.7 billion U.S. dollars, a growth of 35.3 percent over the same month of 2008. This was the second year-on-year growth of foreign trade in two consecutive months in the city, the sources said.     Exports in particular, which stood at 15.21 billion U.S. dollars, reported the first year-on-year growth of 23.5 percent since November 2008, while imports surged 49.5 percent, up from the 26.7 percent growth rate in the previous month.     Last month saw the city's trade with the European Union, the United States and Japan up 15.4 percent, 36.8 percent and 19.8 percent, respectively.     However, Shanghai's foreign trade in total last year went down 13.8 percent from 2008 to 277.73 billion U.S. dollars due to the economic crisis effect. The total included 141.91 billion dollars in exports, down 16.2 percent, and 135.82 billion dollars in imports, down 11.1 percent.

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. 23 (Xinhua) -- China has chosen 16 cities to pilot reform of government-run hospitals in an effort to ease public complaint of rising medical bills, according to an official circular released on Tuesday.The cities are required to establish a reasonable, effective and optimized medical service system, and to fully motivate all medical workers to provide the public with safe, effective, convenient and affordable medical services, according to the document.Public hospitals must retain its goal of serving the public interests and their top priority should be protecting people's health, said the document, jointly issued by five ministries including the Ministry of Health.The cities, including six in central China, six in the east and four in the west, were asked to start the reform from this year.China in April 2009 unveiled a blueprint for health-care over the next decade, kicking off a much-anticipated reform to fix its ailing medical system. The core principle of the reform is to provide basic health care as a "public service" to the people.Health Minister Chen Zhu said serving the public interests should be underscored in the health care reform and the public hospitals should play a leading role in it.MOH statistics show that China had about 14,000 public hospitals nationwide by November 2009.Li Ling, prof. with the China Center for Economic Research of Peking University, said the reform meant public hospitals would return to its nature of serving the public rather than making money."This is key to solving the complaints of costly medical service," Li said.Public hospitals in China enjoyed full government funding before 1985. Since then the situation changed as public hospitals embarked on a market-oriented reform as economic reform and opening up policy adopted in late 1978 deepened in the country."Public hospitals were allowed to make profits to invigorate themselves since then," said Xie Pengyan, professor of Peking University First Hospital. "Our hospital grew fast and my income increased remarkably since that year."Analysts said the market-oriented reform had greatly improved medical service to some extent. But the fact that hospitals operated using profits from medical services and drug prescriptions also resulted in soaring medical costs.According to the circular, public hospitals will not be allowed to make profit from drug prescriptions. They should operate on government funding and charges from medical services.The document also said that efforts should be made to strengthen hospitals in rural areas. Public hospitals are required to train medical workers for grassroot medical institutions.

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BEIJING, March 3 (Xinhua) -- The Third Session of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body, opened in the Great Hall of the People in Beijing Wednesday.More than 2,000 CPPCC National Committee members, from across the country, will discuss major issues concerning the nation's development during the annual meeting scheduled to conclude on March 13.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), delivers a report on the work of the CPPCC National Committee's Standing Committee over the past year at the Great Hall of the People in Beijing, capital of China, March 3, 2010. The Third Session of the 11th CPPCC National Committee opened on Wednesday afternoon.After the session started at 3 p.m., CPPCC National Committee Chairman Jia Qinglin delivered a report on the work of the CPPCC National Committee's Standing Committee over the past year."The CPPCC (last year)...made important contributions to effectively responding to the impact of the global financial crisis, pushing forward the process of building a moderately prosperous society in all respects, and promoting the great cause of peaceful reunification of the motherland," Jia said."The CPPCC's cause entered a period of unity, harmony, pragmatic progress and vigorous development," he said.Top Communist Party of China (CPC) and state leaders Hu Jintao, Wu Bangguo, Wen Jiabao, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang were present at the opening meeting.Founded in 1949, the CPPCC consists of elite members of the Chinese society who are willing to serve the think tank for the government and for the country's legislative and judicial organs.

BEIJING, March 8 (Xinhua) -- China's Minister of Science and Technology Wan Gang said here on Monday a lot of new and high technologies will be applied to the Shanghai World Expo, which is designed to highlight the theme of "Better City, Better Life" with the latest technologies.Clean energy will be used to supply electricity for the six-month exposition beginning May 1, said the minister at a press conference on the sidelines of the annual session of the country's top advisory body, the National Committee of the Chinese People's Political Consultative Conference (CPPCC).The 5.8-square kilometer exposition site will become the venue for the largest-scale solar energy application project as 4.6-megawatt solar power generators will be put into operation, said Wan, who is also vice chairman of the CPPCC National Committee. Wan Gang, vice-chairperson of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC), speaks during a news conference held by the Third Session of the 11th National Committee of the CPPCC on the 2010 Shanghai World Expo in Beijing, capital of China, March 8, 2010. A group of 34 3-megawatt wind power generating units are under construction and will supply clean energy for the event."After the Beijing 2008 Olympic Games, the Shanghai Expo will continue to have a zero-emission of vehicles in the expo site with the use of various kinds of electricity-driven cars," said Wan.In the landmark four pavilions along the Central Axis of the expo site, LED lamps account for more than 80 percent of the lighting system, the minister said, adding that devices have been installed in the four permanent buildings to recover all rainwater.The minister, who was born in Shanghai in 1952, said he hoped the high technologies to be showed and applied during the exposition could be applied to the daily life of every one and help Shanghai boost industrial development and restructuring."As science workers, we will take the exposition as a good opportunity to learn the R&D ideas of other countries and the latest technologies from them," he said.

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LHASA, Feb. 14 (Xinhua) -- Tens of thousands of Tibetans, dressed in traditional costumes, made pilgrimages to temples to pray for a peaceful and prosperous new year on Sunday, the first day of their traditional New Year.The Year of the Iron Tiger in the Tibetan calendar began on Feb. 14 this year, exactly the same date as the Spring Festival, or Lunar New Year. The coincidence has happened 18 times since 1950, according to experts of astrology and Tibetan calendar calculations.Two girls of the Tibetan ethnic group attend a celebration for the lunar New Year of the Tiger according to the Tibetan calendar, in Lhasa, capital of southwest China's Tibet Autonomous Region, Feb. 14, 2010.Tibetan pilgrims thronged to temples in Lhasa, including Jokhang Temple, a spiritual center of Tibetan Buddhism, from the new year eve to late new year's day.The number of pilgrims to Jokhang Temple alone amounted to more than 100,000, said Lama Dawa of the temple. With a history of more than 1,300 years, it was put on the World Cultural Heritage List in 2000.Pilgrimage is the most important activity for Tibetan buddhism believers on the Tibetan New Year's Day.Dancers perform at the Longwangtan Park for the lunar New Year of the Tiger according to the Tibetan calendar, in Lhasa, capital of southwest China's Tibet Autonomous Region, Feb. 14, 2010. Dancho, a pilgrim from Xigaze, said, "I came here at 5 a.m. to pray for my parents and relatives and wish them a good new year.""I want to pray for my parents and thank them for raising me up," said Kanmo Tsering, who came here with seven friends from Tibet's neighboring province of Gansu.Like people of other ethnic groups in China, the Tibetans mark the holiday with fireworks, feasts and red couplets with rhymed phrases. They also patrol communities with torches to scare away devils and pray for good luck, while those in farming areas attend horse races and tug-of-wars.The Tibetans enjoy a 10-day holiday for the new year, from Feb. 13 to 22.The New Year's Day also coincides with the Valentine's Day. Many young Tibetans bought jewelry and flowers for their lovers or went to see films with them on the romantic day."The New Year's Day and the Valentine's Day fall on the same day this year. I need not only buy goods for the new year, but buy a gift for my girlfriend," said Cering.Jigme, 18, bought roses for his girlfriend. Nyima, 32, and his wife Zhoigar, however, watched films as they spent each Valentine's Day in the cinema.

BEIJING, March 20 (Xinhua) -- The All-China Women's Federation (ACWF) Chairwoman Chen Zhili Saturday stressed greater efforts to be made to improve effectiveness in safeguarding women's rights.Chen, also vice chairwoman of the Standing Committee of the National People's Congress, China's top legislature, made the remarks while attending a ceremony held in Beijing to mark the national week for safeguarding women's rights and opening of a special welfare phone hotline --12338 -- in this regard."To improve effectiveness, it is necessary to fully understand the significance of safeguarding women's rights from a perspective of advancing building a harmonious socialist society, and to combine it with diverse other activities meant to promote women's progress," said Chen.The hotline service is hosted by local women's federations in 1,000 counties of 10 selected Chinese provinces and currently available in those counties only. Such phone service will be extended to other parts of the country gradually.

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