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May 3, 2002 - May 10, 2002
Delegates Offer Banks Advice on Bad-loan Problems
China's debt-ridden state-owned commercial banks should open up to private investment to attract capital and help clear up the growing number of non-performing loans on their books. This was the advice of several delegates attending seminars Wednesday related to the 35th annual meeting of Asian Development Bank.
Severe Drought Hits South China
Southeast China's coastal provinces and parts of southwest China are continuing to suffer from a lack of rain and high temperatures. The government in south China's Guangdong Province has allocated 12 million yuan (US$1.4 million) in emergency funds to fight the rarely seen persistent drought conditions that have plagued the province since last winter, according to reports reaching Beijing yesterday.
China at UN Calls for Global Efforts on Behalf of Children
China on Wednesday called for “decisive and coordinated" efforts at national, regional and global levels to create a brighter future for children. The appeal came as Chinese State Councilor Wu Yi spoke to the UN General Assembly Special Session on Children, which opened at the UN headquarters in New York.
Severe Drought Hits South China
Southeast China's coastal provinces and parts of southwest China are continuing to suffer from a lack of rain and high temperatures. The government in south China's Guangdong Province has allocated 12 million yuan (US$1.4 million) in emergency funds to fight the rarely seen persistent drought conditions that have plagued the province since last winter, according to reports reaching Beijing yesterday.
250 Suspects Caught in Prostitution Crackdown
Guangdong and Hong Kong police arrested more than 250 suspects on Tuesday in a joint campaign against organized cross-border prostitution.
First Press Briefing Held After Tuesday's Air Crash
Officials on a special investigation panel held the first press briefing Wednesday afternoon on the air crash that occurred on Tuesday night off northeast China's Liaoning Province and the post-crash rescue efforts.
China at UN Calls for Global Efforts on Behalf of Children
China on Wednesday called for “decisive and coordinated" efforts at national, regional and global levels to create a brighter future for children. The appeal came as Chinese State Councilor Wu Yi spoke to the UN General Assembly Special Session on Children, which opened at the UN headquarters in New York.
Delegates Offer Banks Advice on Bad-loan Problems
China's debt-ridden state-owned commercial banks should open up to private investment to attract capital and help clear up the growing number of non-performing loans on their books. This was the advice of several delegates attending seminars Wednesday related to the 35th annual meeting of Asian Development Bank.
Jiang Zemin Meets Former President Bush
Resolution of the Taiwan issue and China's peaceful reunification would benefit further development of Sino-US relations as well as peace and stability in the Asia-Pacific Region, Chinese President Jiang said Tuesday when meeting with former US President George Bush and his wife in Shanghai.
All 112 on Crashed China Northern Plane Dead
All 112 passengers and crew on board a China Northern Airlines plane that crashed into the sea off China's northeast coast have died, the airline announced Wednesday. "None of the 103 passengers and nine crew has survived," said a written statement handed to relatives of those on board the MD-82 airliner which crashed near the city of Dalian on Tuesday night.
Information Index Report Shows Progress, Problems
China’s National Informatization Evaluation Center has produced a National Informatization Index report that shows China has made progress in development and application of information resources but still has many problems such as low-level redundant construction of network projects, a lack of capacity to share network resources and low-efficient operations.
112 Feared Dead in
Chinese Plane Crash
A China Northern Airlines plane plunged into the sea off the northeast coastal city of Dalian Tuesday night after its crew reported a fire in the cabin, and all 112 aboard were feared dead.
Chirac Re-elected French President; Le Pen Admits Defeat
Re-elected French President Jacques Chirac and a large number of politicians from both right and left political spectrum in France on Sunday evening hailed the presidential run-off results as a victory of republican values against rightist extremism. The far-right candidate Jean-Marie Le Pen admitted defeat while describing Chirac's victory as "equivocal" and predicting that Chirac's coalition would collapse before June's legislative elections.
Fossilized Dinosaur Eggs Discovered in Central China
Eight fossilized dinosaur eggs, which were discovered in Yunxian County of central China's Hubei Province, have been confirmed by archaeologists to belong to the late Cretaceous period, dating back more than 60 million years.
Chinese Vice President's Three-Nation Tour Fruitful
Chinese Vice President Hu Jintao's official visit to Malaysia, Singapore and the United States from April 23 to May 3 is fruitful and has contributed to enhancing China's relations with the three countries, Chinese Vice Foreign Minister Li Zhaoxing said Saturday in San Francisco.
Chinese Naval Ships
Begin First Visit to ROK
Two missile frigates of the Chinese Navy -- the Jiaxing and the Lianyungang, both of which were designed and manufactured in China -- left Shanghai Monday for a goodwill visit to the Republic of Korea.
China's Rapid Progress to Create More Opportunities, Not Threat
Influential personages from the political and business circles of Japan and the Republic of Korea said Friday that the rapid economic progress in China will bring more business opportunities to its neighboring countries, rather than pose an economic threat.
Medical Loans Make
a Beginning in China
In some countries around the world, loans for medical expenses from private financial institutions are accepted by consumers in the same way as loans for cars and housing. In China, some financial companies are beginning to offer this service, but in a way that so far has received a cold reception.
China to Further Supports Education in Poor Areas
The Chinese Ministry of Education will launch the second round of its plan to support educational development in relatively poor western areas in September.
70 Percent of Students
Want to Go Abroad
It is spring again. While more than 1.4 million college graduates are trying their luck at many job markets with their innovative self-promotion ideas, in sharp contrast a 2002 graduate surnamed Yang from Peking University has not approached the job market at all this year. Instead, he strolls along Weiming Lake on campus dreaming of applying for a place in a university of the United States.
week
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