Thursday, January 31, 2008

Learn mandarin - Dragon boat to welcome the Labor Day

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�� Chinese robust economy contributes greatly to world economic growth

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�� Group traditional Chinese wedding ceremony

�� "Human domino" overturned in Guangzhou

�� Magic Festival to be kicked off

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Dragon boat to welcome the Labor Day

www.chinanews.cn 2007-05-01 17:44:43

Chaohu of Anhui Province held a dragon boat competition on April 30, 2007
to welcome the Labor Day on May 1.

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Chinese language - College students try to look for rich marriage partners

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�� Post-1980 generation active and vigorous

�� Aging society to cost Chinese dearly

�� Chinese railway starts high-speed era

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�� HK builds its 1st '08 Olympic countdown clock

�� "Underwater ballet" wows visitors

�� "Human domino" overturned in Guangzhou

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College students try to look for rich marriage partners

www.chinanews.cn 2007-04-29 11:22:29

Chinanews, Guangzhou, Apr. 29 �C According to Information Times, college
students in Guangzhou intend to choose partners in marriage through the
help of matchmaking agencies. Experts point out that these students hope
to look for partners that earn high salaries.
Cao Guotang, associate professor of the Psychology Department of
Guangzhou University, revealed that most college students in Guangzhou
intend to look for partners early, but they often fail to keep a long
partnership.
Currently more and more students are influenced by western lifestyle and
want to hunt for wealthy partners in order to enjoy good life quality
rather than to find true love. Wu Peiling, manager of Guangzhou Youth
Matchmaking Agency, said that in 2006 more students than ever before came
to seek their help. But she also pointed out that these students hope to
find rich marriage partners.
A survey launched among students in 12 colleges and universities shows
that more than 30% of respondents think dating while studying in college
may affect their studies, but 53.2% of them also reveal that they will go
dating if they find appropriate partners.

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Wednesday, January 30, 2008

Chinese Mandarin - Baby Asian elephant born in Shenzhen

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�� Headstand King showing stunt

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�� Cartoon carnival rehearsal performed

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Baby Asian elephant born in Shenzhen

www.chinanews.cn 2007-04-28 11:13:43

A baby Asian elephant was born in the Shenzhen Safari Park April 25,
2007, attracting many tourists.

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Learn Chinese online - Olympic torch relay planned route

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�� Mt.Qomolangma preparing for Olympic torch relay

�� Firefighting drill in ancient tower in Urumqi

�� Street lamps wearing bamboo hats

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Olympic torch relay planned route

www.chinanews.cn 2007-04-27 09:29:48

(Source: Xinhua/BOCOG)

The design of Beijing 2008 Olympic Torch is unveiled on April 26, 2007 in
Beijing.

Beijing, April 27 - The Beijing 2008 Olympic Torch Relay will traverse
the longest distance, cover the greatest area and include the largest
number of people, according to plans released Thursday night during a
grand ceremony held in the China Millennium Monument in Beijing by BOCOG,
the Beijing Organizing Committee for the Games of XXIX Olympiad.
The planned route, revealed by Luo Gan, member of the standing committee
of the Political Bureau of CPC Central Committee, and who was joined by
International Olympic Committee President Jacques Rogge, would last 130
days and travel 137,000 km. And the Beijing 2008 Olympic torch design was
unveiled by State Councilor and BOCOG first vice-president Chen Zhili,
with IOC Coordination Commission Chairman Hein Verbruggen alongside.
"As the prelude to the Beijing Olympic Games, the Beijing 2008 Olympic
Torch Relay is one of the most important ceremonies and a major means to
spread and promote the Olympic spirit," said BOCOG President Liu Qi.
"As one of the grand ceremonies for the Beijing Olympic Games, the Torch
Relay of the Beijing 2008 Olympic Games has set its theme as the 'Journey
of Harmony' and the slogan 'Light the Passion, Share the Dream'."
Liu said the torch will be passed in all the five continents around the
world and throughout China. It is our hope that the Beijing Olympic Torch
Relay will once again spread the Olympic spirit all over the world and
demonstrate Chinese people's passion for the Olympic Movement.
The relay will showcase the people, beautiful sceneries, cultural
heritage in countries, regions and cities along the relay route. It will
enhance mutual understanding and friendship among people of different
countries. Moreover, it will further expound the rich implication of our
theme slogan "One World One Dream".
We are sending invitations to people all over the world to share the joy
and glory brought by the Beijing Olympic Games, Liu added.
"By traveling along the historic 'Silk Road', a symbol of ancient trade
links between China and the rest of the world, crossing the five
continents and going to new places, the Beijing 2008 Torch Relay will, as
its theme says, be a 'Journey of Harmony', bringing friendship and
respect to people of different nationalities, races and creeds,"
commented IOC President Rogge. "I have no doubt the Beijing 2008 Olympic
Torch Relay will leave many extraordinary memories and create new dreams
for people around the world."
Liu Peng, minister of the State General Administration of Sport and
executive president of BOCOG also attended the ceremony. And the ceremony
was presided over by Wang Qishan, mayor of Beijing and executive
president of BOCOG.
The Planned Route
Validated by IOC, the Olympic Flame will be lit in Olympia, Greece
according to tradition on March 25, 2008. From March 25 - 30, the Torch
Relay will travel across Greece, ending at the Panathinaiko Stadium, the
site of the first modern Olympic Games in 1896. After the handover
ceremony in the stadium, the Olympic Flame will arrive in Beijing on
March 31, 2008. In Beijing, a ceremony will be held for the arrival of
the flame into China and Beijing 2008 Olympic torch relay will commence.
The cities along the route are:
Beijing; Almaty; Istanbul; St.Petersburg; London; Paris; San Francisco;
Buenos Aires; Dar Es Salaam; Muscat; Islamabad; Mumbai; Bangkok; Kuala
Lumpur; Jakarta; Canberra; Nagano; Seoul; Pyongyang; Ho Chi Minh City;
Taipei; Hong Kong; Macao; Hainan Province (Sanya, Wuzhishan, Wanning,
Haikou); Guangdong Province (Guangzhou, Shenzhen, Huizhou, Shantou);
Fujian Province (Fuzhou, Quanzhou, Xiamen, Longyan); Jiangxi Province
(Ruijin, Jinggangshan, Nanchang); Zhejiang Province (Wenzhou, Ningbo,
Hangzhou, Shaoxing, Jiaxing); Shanghai; Jiangsu Province (Suzhou,
Nantong, Taizhou, Yangzhou, Nanjing); An'hui Province (Hefei, Huainan,
Wuhu, Jixi, Huangshan); Hubei Province (Wuhan, Yichang, Jingzhou); Hunan
Province (Yueyang, Changsha, Shaoshan); Guangxi Zhuang Autonomous Region
(Guilin, Nanning, Baise); Yunnan Province (Kunming, Lijiang, Xamgyi'
nyilha); Guizhou Province (Guiyang, Kaili, Zunyi); Chongqing; Sichuang
Province (Guang'an, Mianyang, Guanghan, Leshan, Zigong, Yibin, Chengdu);
Tibet Autonomous Region (Shannan Diqu, Lhasa); Qinghai Province (Golmud,
Qinghai Hu, Xining); Xinjiang Uygur Autonomous Region (Urumqi, Kashi,
Shihezi, Changji); Gansu Province (Dunhuang, Jiayuguan, Jiuquan,
Tianshui, Lanzhou); Ningxia Hui Autonomous Region (Zhongwei, Wuzhong,
Yinchuan); Shaanxi Province (Yan'an, Yangling, Xianyang, Xi'an); Shanxi
Province (Yuncheng, Pingyao, Taiyuan, Datong); Inner Mongolia Autonomous
Region (Hohhot, Ordos, Baotou, Chifeng); Heilongjiang Province (Qiqihar,
Daqing, Harbin); Jilin Province (Songyuan, Changchun, Jilin, Yanji);
Liaoning Province (Shenyang, Benxi, Liaoyang, Anshan, Dalian); Shandong
Province (Yantai, Weihai, Qingdao, Rizhao, Linyi, Qufu, Tai'an, Jinan);
Henan Province (Shangqiu, Kaifeng, Zhengzhou, Luoyang, Anyang); Hebei
Province (Shijiazhuang, Qinhuangdao, Tangshan); Tianjin; and Beijing.
One of the highlights of this leg will be the attempt to bring the
Olympic Flame to the highest peak in the world Mt. Qomolangma. During the
arrival ceremony for the flame into China on March 31, 2008, one of the
lanterns with the Olympic Flame will be kept aside. The torchbearer team
will then attempt to take the Flame to the highest peak on a day in May
that presents the best climatic conditions for the ascent.
Design
The design of the Torch takes advantage of Chinese artistic heritage and
technological expertise. The design of the aluminum torch features
traditional scrolls and "Lucky Cloud". It stands 72 centimeters high and
weighs 985 grams.
The Torch incorporates technological innovations to be able to remain lit
in winds of up to 65 kilometers-an-hour and lit in rain of up to 50
millimeters-an-hour. And the torch can keep burning for 15 minutes. Other
technological advancements prevent color discoloration and corrosion
around the cone from which the Flame burns. The Torch construction is
also environmentally-conscious. The materials are recyclable, and the
propane fuel meets environmental requirements.
"The Beijing Olympic Torch boasts both distinctive Chinese cultural
features, and technical excellence and sophisticated materials. It will
carry the friendship that Chinese people extend to the world and the
Olympic spirit to the five continents and to the peak of Mt. Qomolangma,"
said BOCOG President Liu Qi.
"The torch and the Olympic Flame are symbols which embody the Olympic
Values of excellence, respect and friendship. They inspire us to be the
best we can be in all that we do," added IOC President Jacques Rogge.
"The magnificent design of the torch for the Beijing 2008 Olympic Torch
Relay will also add a very unique Chinese flavour to the relay, as the
'Clouds of Promise' carry the Beijing Games' message to the world."
The Torch casting was designed by the Lenovo Creative Centre and the
burning system inside the Torch was designed by China Aerospace Science
and Industry Group.
Beijing 2008 Olympic Torch Relay Worldwide Partners
The Worldwide Partners for Beijing 2008 Olympic Torch Relay are:
Coca-Cola, Samsung and Lenovo, which will provide financial and service
support for the smooth operation of the torch relay. They are the highest
tier sponsors of sponsorship program for Beijing 2008 Olympic Torch Relay
and are granted a series of marketing rights and benefits related to the
torch relay.

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Learn Mandarin online - Tortoise sports meet

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Tortoise sports meet

www.chinanews.cn 2007-04-25 17:55:05

Many tourists were attracted by an interesting tortoise sports meet in
the Donghai Ocean World in Wuhan, Hubei Province, April 21, 2007. More
than 60 tortoises in the park competed for "glory" in the funny match.

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Chinese Mandarin - Former Russian president Yeltsin dies

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�� Movie Poster Exhibition attracts movie fans

�� Voluntary marine rescue team established

�� World Bird Festival starts in Dandong

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Former Russian president Yeltsin dies

www.chinanews.cn 2007-04-24 09:33:38

(Source: Xinhua)

An undated file photo shows former Russian President Boris Yeltsin and
his wife Naina in the Great Wall in Beijing.

MOSCOW, April 24 - Russia's first President Boris Yeltsin has died at the
age of 76, a Kremlin spokesmen said Monday.
President Vladimir Putin has telephoned the widow Naina Yeltsin to offer
sympathies.
The former president "died a sudden death in Moscow on Monday," the
Itar-Tass news agency quoted Kremlin source as saying.
"Today, April 23, at 15:45 Moscow time, Russia's first President Boris
Nikolayevich Yeltsin died at the Central Clinical Hospital. The death was
caused by the progressing cardiovascular polyorganic insufficiency,"
Itar-Tass quoted head of the presidential administration's medical center
Sergei Mironov as saying.
The White House mourned Yeltsin as "a historic figure" and offered
condolences to his relatives, according to reports reaching here.
Former Soviet President Mikhail Gorbachev, also Yeltsin's once main
opponent, has sent condolences to Naina, according to Itar-Tass.
"I addressed Naina and the whole family. I feel sincerely sorry for you
and share your grief," Gorbachev was quoted as saying. "Life itself made
out paths cross and we had to act at a time when dramatic changes were
taking place in the country."
"There were many things where we disagreed and there were big
disagreements, and this affected political processes, but at this moment
I express my deep sympathy for the Yeltsin family," Gorbachev was quoted
as saying.
Born on Feb. 1, 1931, Yeltsin worked as construction worker, communist
party official and served as Russia's first democratically elected
president since 1991. He led to the collapse of the Soviet Union.
He won a second term in an election in 1996 but transferred power to
Putin and resigned from the post on Dec. 31, 1999. He then kept a low
profile.
Yeltsin graduated in 1955 from the Urals Polytechnical Institute in
Sverdlovsk (now Yekaterinburg), where he was born. He joined the
Communist Party in 1961.
He became the first secretary of the Party's Sverdlovsk district central
committee in 1976 and a member of the Party's central committee in 1981.
In 1985, he was pointed as chief the Party's Moscow branch and in 1986,
an alternative member of the Party's top decision making body, the
Politburo of the central committee.
He was forced to resign from the party leadership in 1988 after
challenging Communist hard-liners and criticized Gorbachev's reforms. He
was appointed as a deputy chairman of a construction committee.
Yeltsin resigned from the Communist Party in 1990 and became Russia's
first democratically elected president in the popular election in 1991.

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Tuesday, January 29, 2008

Chinese Online Class - Dehua china sculptures on display

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�� Chinese railway starts high-speed era

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�� Special police camps open to public

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�� Sonwy spring in Inner Mongolia

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Dehua china sculptures on display

www.chinanews.cn 2007-04-21 17:48:53

Several materpeices of the famous Dehua china sculptures were put on
display at the opening ceremony of the 2nd Zhejiang Green Tea Expo on
April 20, 2007, at Zhejiang Exhibition Hall.

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Chinese Mandarin - Summer fashion sweeps over HK

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�� Chinese railway starts high-speed era

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�� Giant teapot completed

�� Miss Tourisms put on cheongsams

�� Newly born twin koalas showed up in Guangzhou

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Summer fashion sweeps over HK

www.chinanews.cn 2007-04-19 14:14:49

An elaborate Spring/Summer Fashion Show was staged at the Pacific Square
in Hong Kong April 18, 2007, attracting a lot of citizens.

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Learn mandarin - Lien Chan visits Shaolin Temple

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�� China realizes railway speed overhaul with its own technologies

�� Chinese railway starts high-speed era

�� China should put an end to interest tax

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�� Miss Tourisms put on cheongsams

�� Convocation to honor Virginia Tech victims

�� Bears perform acrobatics

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Lien Chan visits Shaolin Temple

www.chinanews.cn 2007-04-18 10:45:39

Lien Chan, Honorary Chairman of the Kuomintang Party, and his wife Lien
Fangyu visited the Shaolin Temple in central China's Henan Province on
April 17, heading a 27-person Taiwan delegation. Lien Chan will attend a
ceremony on Thursday at Xinzheng, the hometown of Huangdi, or Yellow
Emperor, who is believed to be the ancestor of all Han Chinese people.

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Chinese language - Gunman kills 32, commits suicide on US campus

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�� Chinese railway starts high-speed era

�� China should put an end to interest tax

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�� Chinese cookery competition for foreigners

�� Free medical check given for gays

�� Luoyang marked as starting point of Silk Road

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Gunman kills 32, commits suicide on US campus

www.chinanews.cn 2007-04-17 09:30:29

Chinanews, Apr.17 - A gunman opened fire in a Virginia Tech dorm and
then, two hours later, shot up a classroom across campus Monday, killing
32 people in the deadliest shooting rampage in U.S. history. The gunman
committed suicide, bringing the death toll to 33, AP reported.
Virginia Tech President Charles Steger said authorities believed that the
shooting at the dorm was a domestic dispute and mistakenly thought the
gunman had fled the campus.
Investigators offered no motive for the attack. The gunman's name was not
immediately released, and it was not known if he was a student.
A White House spokesman said President Bush was horrified by the rampage
and offered his prayers to the victims and the people of Virginia.

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Monday, January 28, 2008

Chinese School - 2007 Miss HK Pageant launched

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�� Chinese railway starts high-speed era

�� China should put an end to interest tax

�� Keep a cool head about Chinese people's fastest income growth

  Photos

�� 188,000 yuan worth of "Deer Antler King"

�� Novel barrel-made loudspeakers

�� Cartoon images promoting int'l tourism festa

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2007 Miss HK Pageant launched

www.chinanews.cn 2007-04-13 17:28:05

On April 11th, winners of previous Miss Hong Kong competitions took part
in a promotion event in Hong Kong, introducing the 2007 Miss Hong Kong
Pageant. Hong Kong officially launched the new round of the election of
Miss Hong Kong on April 11, 2007.

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Chinese Mandarin - Foreign banks see a surge of RMB deposit

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�� China should put an end to interest tax

�� Keep a cool head about Chinese people's fastest income growth

�� Generation of the 1980s pursues a material life

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�� Farmer models display cloth culture

�� Students line up to apply for Olympic volunteers

�� Have a rest on the novel chairs

Coconut Oil, Flash Mp3 Player , Fruit , Electric Scooter, Leather Sofa,
Swimwear, Beverage Dispenser, Kitchen Furniture, GSM Phone, Juice
Concentrate, Tractor Fertilizer, Car Engine , Electric Atv, Automotive
Switch , Display Showcase, Zinc Sulphate, Access Point, Network Card,
Laptop, Recovery Card, Aluminium Profile, Granite Countertop, Wind
Generator, Power Strip, Milk Powder, Ice Cream, Sweet Corn, Ketchup,
Yellow Tea, Instant Noodle, Frozen Seafood, Apple Juice, Nescafe,
Beverage Container, Baby Food, Digital Photo Frame, Silk Flower, Bamboo
Handicraft, Christmas Tree, Badge, Candle.

��Home>>Business

Foreign banks see a surge of RMB deposit

www.chinanews.cn 2007-04-12 08:58:05

Chinanews, Shanghai, Apr. 12 �C During the first quarter of this year,
foreign banks in Shanghai saw a surge in their Renminbi deposit service,
with the balance of Renminbi deposits in these banks increasing by 57.1%
from last year, 26.4 percentage points more than the growth rate of last
year.
The outstanding bullish performance in the securities markets has drawn
many people to take their money out of banks and put it in the stock
markets. Although the central bank raised the interest rate last month,
both the fixed and current deposits declined in the first quarter, with
Renminbi savings dropping by 3.685 billion yuan.
Statistics from the central bank show that as Renminbi appreciation
quickens, companies and residents in Shanghai are unwilling to keep
foreign currencies. In March, the foreign currency deposits declined
sharply by 886 million US dollars in a single month.
At the same time, the amount of newly released loans in Renminbi and
foreign currencies both hit a historical high point. During the first
quarter, the amount of new loans equalled to nearly half of the total new
loans issued last year.

��Foreign banks launch RMB services in China
          ��China to unify supervision standards for domestic and foreign
banks
          ��Foreign banks booming in Shanghai
          ��Overseas banks approved to start RMB business
          ��Foreign banks to launch RMB service in April

Photos More

Dragon dance
Spring
Jewelry Fair
Relief sculpture

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Learn Mandarin online - China enters a negative consumption era

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�� Five major trends of the logistics industry in China

�� Huaxi Village: China's richest village

�� More Chinese choose to celebrate Christmas

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�� Taiwan underwear label shown in Beijing

�� Masterpiece stonework at the Fuzhou pre-auction exhibit

�� Dough Molding

��Home>>China Observer

China enters a negative consumption era

www.chinanews.cn 2004-12-10 15:31:32

Chinanews, Dec 9 - After the People��s Bank of China adjusted mortgage
rates not long ago, the��in-debt millionaires��have become a new topic of
discussion in Chinese metropolises. Experts point out that China has
entered a��negative consumption era��, with credit consumption as a new
symbol of fashionable lifestyle. Among rapidly changing consumption
habits, many young urban professionals nowadays tend to��spend
tomorrow��s income today��.
Credit consumption was not something to be proud of in the old Chinese
tradition, which dictated common people to live within their means. In
the past, people unable to make ends meet could not gain respect from
others as debt was often associated with gambling or alcoholism. After
more than two decades of reform and liberalization, the nation��s
consumers have drastically changed their viewpoint. Many urban and rural
residents, especially young urban dwellers, are becoming more and more
inclined to spend tomorrow��s income today to live a better life.
Under the current market economy, credit consumption is normal and to
some extent inevitable. The government has issued a series of policies
and measures to stimulate the nation��s consumer market, winning praise
in both urban and rural areas, notably from young urbanites. According to
a report by the Chinese Academy of Social Sciences, the average debt
ratio in Beijing and Shanghai families has reached 155% and 122%,
respectively, higher than America��s 115% in 2003. The debt ratio has
reached 90% for residents in some medium-sized cities, where money is
borrowed to purchase houses, cars and large, durable consumer goods.
Since the expansion of the consumer credit system in 1998, outstanding
consumer loans have grown twenty fold compared from sixteen years ago, to
over 1.7 trillion yuan by this June, accompanied by growth rates higher
than any other country in the world.
Many consumers believe that increasing family budget deficits are a sign
of active credit consumption, which depends on borrowed money from
financial institutions. This expands domestic demand as well as improves
the standard of living of both urban and rural residents. The emergence
and development of consumer loans track an economy��s growth. In the
microcosmic view, it results from spending whenever consumption is
desired, by borrowing if necessary. From a macrocosmic view, it is the
inevitable product of shifting from a seller��s market to a buyer��s
market when the economy develops into a certain stage.
While presenting a challenge to the Chinese money management tradition,
credit consumption, in the broader sense, is a positive sign of social
progress.

China.org.cn | Xinhua | People's Daily | China Daily | CRI | cycnet.com |
fmprc.gov.cn | mofcom.gov.cn | gwytb.gov.cn

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Learn Mandarin online - PLA uniforms on display in Hong Kong

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�� China should put an end to interest tax

�� Keep a cool head about Chinese people's fastest income growth

�� Generation of the 1980s pursues a material life

  Photos

�� PLA uniforms on display in Hong Kong

�� PLA uniforms on display in Hong Kong

�� Peak season opens at Longmen Grottos

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Generator, Power Strip, Milk Powder, Ice Cream, Sweet Corn, Ketchup,
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Handicraft, Christmas Tree, Badge, Candle.

��Home>>

PLA uniforms on display in Hong Kong

www.chinanews.cn 2007-04-09 09:30:57

A PLA uniform exhibition is currently on in a shopping mall in Hong Kong
to celebrate the forthcoming 10th anniversary of the return of Hong Kong,
as well as the 80th anniversary of the founding of the PLA army. The
items on display include various uniforms that have been used by PLA
soldiers and the latest ones. China's rapid economic development is also
reflected in the changes of styles and materials of the uniforms. The
pictures were taken on April 8, 2007.

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Sunday, January 27, 2008

Chinese Mandarin - "Imperial throne" to be moved to Imperial Palace

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�� China should put an end to interest tax

�� Keep a cool head about Chinese people's fastest income growth

�� Generation of the 1980s pursues a material life

  Photos

�� "Imperial throne" to be moved to Imperial Palace

�� Gourds carved with Fuwa

�� Doll flowers sell hot

Coconut Oil, Flash Mp3 Player , Fruit , Electric Scooter, Leather Sofa,
Swimwear, Beverage Dispenser, Kitchen Furniture, GSM Phone, Juice
Concentrate, Tractor Fertilizer, Car Engine , Electric Atv, Automotive
Switch , Display Showcase, Zinc Sulphate, Access Point, Network Card,
Laptop, Recovery Card, Aluminium Profile, Granite Countertop, Wind
Generator, Power Strip, Milk Powder, Ice Cream, Sweet Corn, Ketchup,
Yellow Tea, Instant Noodle, Frozen Seafood, Apple Juice, Nescafe,
Beverage Container, Baby Food, Digital Photo Frame, Silk Flower, Bamboo
Handicraft, Christmas Tree, Badge, Candle.

��Home>>

"Imperial throne" to be moved to Imperial Palace

www.chinanews.cn 2007-04-06 16:53:09

A duplicate of an imperial throne of Qianlong (1735-96) of the Qing
Dynasty (1644-1911) will be moved from Dongyang, Zhejiang Province, to
the Imperial Palace in Beijing. It takes more than 60 workers a year to
make the duplicate throne, which is said worth over 1 million yuan. The
photos were taken on April 6, 2007.

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Learn Mandarin online - Taiwan's finest fruits

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�� China's four upcoming population peaks

�� Chinese youth enjoying luxury goods

�� Chinese stock market at the end of rope?

  Photos

�� Fujian's Shuikou Dam sluices water

�� Flaming afterglow above Songhua River

�� Four generations of cycas in the same garden

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Taiwan's finest fruits

www.chinanews.cn 2005-04-14 16:14:50

A press conference of Taiwan's finest fruits was held on April 13th in
Beijing. More than ten categories of fruits from Taiwan Province,
including wax-apples, squash and custard apples, made their debut. The
Taiwan Association of Fruit sponsored the event.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
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Chinese Mandarin - Young skaters warm up

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�� China's four upcoming population peaks

�� Chinese youth enjoying luxury goods

�� Chinese stock market at the end of rope?

  Photos

�� Fujian's Shuikou Dam sluices water

�� Flaming afterglow above Songhua River

�� Four generations of cycas in the same garden

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��Home>>Photos

Young skaters warm up

www.chinanews.cn 2005-04-11 15:01:31

The 2005 Taipei World Inline Cup Marathon will be held on Apr. 17th.
Prizes at the competition will exceed 1 million Taiwan New Dollars (about
,660), the highest of any inline competition in Taiwan. More than 100
young skaters performed live at the press conference held in Taipei on
Apr. 10th.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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Learn Chinese online - Chinese cuisine amateurs from Canada

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�� ADB: China's economy may achieve soft landing

�� Western food grows popular in China

�� NEET in China shirks independence

  Photos

�� Dinosaur egg fossil exhibit

�� Investment & Trade Forum

�� "Casablanca" to open

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Chinese cuisine amateurs from Canada

www.chinanews.cn 2005-04-07 14:17:57

Yesterday, Chinese cuisine amateurs from Canada learned the skill of
hand-pulled noodles from a cook in Xi'an. A tourist group, consisting of
more than twenty Chinese cuisine fans from Canada, visited the Shaanxi
Cuisine College. They exchanged cooking techniques with college students
and received training on the spot, helping to promote friendship between
the two countries.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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Saturday, January 26, 2008

Chinese Mandarin - Sacrificial ceremony

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�� Western food grows popular in China

�� NEET in China shirks independence

�� Majority of Chinese netizens dream of a cross-border marriage

  Photos

�� Dinosaur eggs found

�� Australian aboriginal art

�� Gold stamp album

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Sacrificial ceremony

www.chinanews.cn 2005-04-06 14:15:14

Many Chinese gathered at the ancient Tomb of Emperor Yan in Luoyuanpo,
Hunan Province, participating in the largest folk sacrificial ceremony.
The gathering was part of celebrations for the Qingming Festival of the
Year of the Rooster.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
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Chinese Mandarin - Families' car ownership rate reaches 7%

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�� Western food grows popular in China

�� NEET in China shirks independence

�� Majority of Chinese netizens dream of a cross-border marriage

  Photos

�� Sex Culture exhibit

�� Luxury items taxable

�� China's foreign investors top 300

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Families' car ownership rate reaches 7%

www.chinanews.cn 2005-04-05 13:57:23

According to an online survey conducted by ACNielsen in 2004, the rate of
car ownership amongst Chinese families in major cities was 7%. Among 28
surveyed markets in Asia-Pacific, Europe and America, Hong Kong and the
Chinese Mainland have the lowest levels of netizen car ownership in the
world.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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Chinese Online Class - 26.1 million Chinese live below poverty line

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�� Western food grows popular in China

�� NEET in China shirks independence

�� Majority of Chinese netizens dream of a cross-border marriage

  Photos

�� Mobile phone complaints high in 2004

�� UNEP Int'l Photographic Competition

�� Petition to oppose Japan's UNSC bid

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26.1 million Chinese live below poverty line

www.chinanews.cn 2005-04-04 14:17:24

Chinanews, Apr. 3 - Since the Reform and Opening Policy, China has
organized and carried out large-scale, effective campaigns to alleviate
poverty. At present, 26.1 million people in China still live below the
poverty line; the cause of fighting poverty still has a long way to go.
In an effort to help this large group of people cast off their poverty,
government at all levels continues to increase capital investment in
efforts. The central government is to add another 800 million yuan (96.7
million US dollars) into an anti-poverty fund that will reach 13 billion
yuan (1.57 billion US dollars). Local governments, especially provincial
level governments, also continue to increase their investments. The
central government has arranged 100 million yuan (some 12 million US
dollars) as an interest subsidy fund for poverty alleviation loans to the
200 poorest counties.
There are also various efforts coming from society. According to the
latest statistics, total poverty alleviation funds from governmental and
party departments and developed regions on the eastern coast have reached
15 billion yuan (some 1.81 billion US dollars), exceeding the total
amount contributed by the central government. In China, various social
forces are guided, motivated and organized to fight for the poor.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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Chinese Online Class - Chinese banks utilized billions of foreign funds

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�� Majority of Chinese netizens dream of a cross-border marriage

�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

  Photos

�� IFBA World Championship

�� Qing Dynasty house discovered

�� Millennium Ecosystem Assessment released

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Chinese banks utilized billions of foreign funds

www.chinanews.cn 2005-04-01 12:57:58

Chinanews, Mar. 31 - Liu Mingkang, president of the China Banking
Regulatory Commission, said that Chinese banks utilized US.186 billion of
foreign funds by the end of 2004.
Chinese banks such as the Bank of Communications, the Bank of Shanghai
and the Shanghai Pudong Development Bank introduced foreign strategic
investment and have overseen active changes in the operations of their
boards of directors, risk management, market development and business
management strategies.
Liu stated that strategic cooperation between Chinese and foreign banks
is now in smooth progress. A number of foreign-funded banks, including
Citibank and the Hong Kong and Shanghai Banking Corporation (HSBC), have
become shareholders in ten Chinese banks. Another eight Chinese banks are
currently negotiating with foreign banks.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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Friday, January 25, 2008

Learn mandarin - Liaoning: Largest demolition

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�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

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�� Five "treasure ships"

�� NEC-CAS's software at top level

�� Largest gold and silver jewelry center to open

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Liaoning: Largest demolition

www.chinanews.cn 2005-03-30 14:05:53

At 6:00am of March 29, after a loud blast, Liaoning's largest demolition
job was completed successfully by the collapse of the sixty-meter-tall
former office building of the Shenyang Electric Power Institute. This was
the tallest building demolished in Liaoning Province since the foundation
of PRC.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
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Learn mandarin - World's largest ring

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�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

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�� RMB pressed

�� Silver medal for EMS of China Post

�� Income tax integration

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World's largest ring

www.chinanews.cn 2005-03-29 14:47:24

The world's largest ring, fabricated by a Saudi Arabian jewelry company,
made its debut at the 20th Turkey International Jewelry Show at the end
of March. The ring weighs a total of 63.856 kilograms, and consists of
5.17 kilograms of precious stones and 58.686 kilograms of 21-karat gold.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
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Learn Chinese - Linzhi, Tibet takes tourism to new heights

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�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

�� China is entering a post-GDP era

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�� Largest expedition to Everest

�� Free TB treatment

�� Red Army tour

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Linzhi, Tibet takes tourism to new heights

www.chinanews.cn 2005-03-28 14:32:28

Chinanews, Mar. 27 - Linzhi area, haled as "Tibet's Jiangnan (south of
the Yangtze River)," has strived to develop unique tourist resorts with
distinctive ethnic features, create new tourist routes, and build itself
up as a world-class tourism hotspot in the "Roof of the World." The area
received 320,000 visitors from home and abroad and earned more than 72
million yuan in 2004.
Linzhi lies in the southeast of Tibet, more than 3000 meters high on
average. Tibetans, Monba, Lhola and other minority groups with their
unique customs populate the area. The geography and human diversity make
this rarely visited, sparsely populated land an ideal destination for
traveling, sightseeing, scientific research and adventure. This one small
area is home to some of the greatest geographical discoveries of the 20th
century: the world's largest canyon, Brahmaputra Canyon, the best
preserved primeval forest in the world, Zibagou State Natural Protection
Zone, Sejila and Basongcuo State Forest Parks, and Yigong State Geologic
Park. All are invaluable resources for building a world-class tourism
destination.
LInzhi has begun the multi-faceted Xiangbala Tourism Project, with 6
unique tourist routes, 8 tourist resorts and more than 50 scenic spots.
The innovative project has stimulated the development of 4 major tourist
routes in the Niyang River strip, Basongcuo State 4A Tourist Resorts,
Lulang Forest and Brahmaputra Canyon Ecotourism Area, integrated
scattered tourist spots into key products, accelerated construction of
supporting facilities and upgraded the tourism industry of the area.
Moreover, Linzhi has strengthened marketing potential by holding programs
with unique themes, such as the Peach Blossom Festival, Azalea Festival
and Kampot New Year.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
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Learn Chinese online - Chinanews Photos

China International Fashion Week

Models present creations from the Mark Cheung Haute Couture Collection
2006 at the China Fashion Week in Beijing November 21, 2005.

Wang Hongying's creation at China Fashion Week
Models were representing Hongdou Group's spring/summer 2006 fashion named
"Hodo: enjoy your life" at the China International Fashion Week held in
Beijing, on Nov. 21st, 2005. Designer Wang Hongying interpreted modern
women's dressing attitude of pursuing relaxation, confidence and
individuality with her works.

===========================================================================

NE Tiger released wedding dress series
NE Tiger released its spring/summer 2006 wedding dress series at China
International Fashion Week on the evening of Nov. 21, 2005. Models also
interpreted its fur and leather designs themed "love."

===========================================================================

Mark Cheung's creation
A model presents a creation during the Mark Cheung Haute Couture
Collection 2006 at the annual China Fashion Week in Beijing November 21,
2005.

===========================================================================

Ma Yanli's creation
A model displays actress-turned designer Ma Yanli's fashion collection
during the China Fashion Week in Beijing on Nov 20, 2005.

===========================================================================

China knitted and woven fashion
Model displayed "dream - return" designed by Hou Juanjuan from Dalian
Institute of Light Industry.

===========================================================================

Chinese opera with apparel
Models displayed spring/summer designs of famous fashion designer Luo
Zheng, who boldly applied the essence of Chinese operas in his design,
interpreting Chinese classical opera culture, at the China International
Fashion Week held in Beijing on Nov. 20..

===========================================================================

Makeup fashion staged
Models are posing with various fantastic makeup at a makeup-designing
contest during the China Fashion Week in Beijing on November 19, 2005.

===========================================================================

T-stage paved with petals

===========================================================================

X Qi Gang fashion release 2006 spring & summer
X Qi Gang fashion release 2006 spring & summer was held in Beijing on the
evening of Nov. 17th. Young designer Qi Gang immersed splendor and
sexiness in endless romance.

===========================================================================

International Lingerie Fashion
A Chinese model presents a creation during a International Lingerie
Fashion Trend Collection 2006 at the China Fashion Week in Beijing
November 17, 2005.

===========================================================================

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Thursday, January 24, 2008

Chinese language - Huiyuan Beverage might go for a high price

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�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

�� China is entering a post-GDP era

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�� Worldwide Quality of Life Survey

�� Consumer market blossoming

�� Ink jet fingernails

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Huiyuan Beverage might go for a high price

www.chinanews.cn 2005-03-23 13:39:24

Beijing Huiyuan Beverage and Food, China's largest juice producer, is
negotiating with overseas rivals for an acquisition estimated to be as
high as 500 million USD.

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Learn Chinese - Sacrificial rites to the sea

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�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

�� China is entering a post-GDP era

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�� Drug Pricing Center planned

�� Beijing opera masks a new kite fashion

�� Upscale bridal veils

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Sacrificial rites to the sea

www.chinanews.cn 2005-03-21 15:41:21

The largest ever sacrificial rites to the sea in northern China formally
started at Zhouge Village, Jimo, Qingdao on Saturday. The 500-year-old
sacrificial rites have been passed down through generations of fishermen.
The Chinese government has transformed the traditional folk custom and
worship ceremony into a cultural activity. Every year, it attracts over
100,000 visitors from home and abroad.

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Chinese Online Class - Asia's largest bus exhibit

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�� Co-renting with opposite sex a trend in Chinese cities

�� Online gambling challenges China's gambling ban

�� China is entering a post-GDP era

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�� Shanghai Real Estate Expo

�� Asia's largest bus exhibit

�� 19,600 yuan "Art of War"

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Asia's largest bus exhibit

www.chinanews.cn 2005-03-18 15:55:23

Busworld Asia was held at the Shanghai New International Expo Center from
March 15th to March 17th. 150 vehicle and component manufacturers from 12
countries and regions participated in the exhibition. It has been stated
that China is now the world center of passenger car production and sales.

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Learn mandarin - Bank of China to be forex market maker

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�� China is entering a post-GDP era

�� Transformation of the ideal Chinese woman

�� Mainland China's richest man retains the discipline of a student

  Photos

�� China's auto part export at a "turning point"

�� Hometown of Deng a hot tour

�� Int'l Stone Processing Machinery Exhibit

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Bank of China to be forex market maker

www.chinanews.cn 2005-03-16 16:35:21

Chinanews.com, Mar. 16 - The China Foreign Exchange Trade Center (CFETC)
signed an official cooperative agreement with the Bank of China (BOC)
yesterday. According to this agreement, the BOC would become the market
maker for CFETC's foreign currency trade in May.
Li Yu, vice-president of CFETC, said that the inter-bank market would
begin to buy and sell foreign currencies in May as a crucial component of
the basic construction of China's financial market. This business would
help to create depth in the inter-bank foreign exchange market. In
addition, it would benefit medium and small sized financial institutions
that have no direct access to the foreign exchange market due to risk
rating and company scale restrictions. By expanding China's foreign
exchange market and creating better measures of its supply and demand,
this move would help improve the mechanism that determines the Renminbi
exchange rate, as well as serve as a trial balloon and decision-making
basis for the full convertibility of RMB.
The BOC will initially introduce eight currency pairs: USD-HKD, USD-JPY,
USD-GBP, USD-AUD (Australian Dollar), USD-SHF (Swiss Franc), USD-CAD
(Canadian Dollar), USD-EUR and EUR-JPY.
As a market maker, the BOC will actively participate in trading the
above-mentioned eight foreign currency pairs in the CFETC. Meanwhile, the
center will choose the BOC's worldwide foreign currency payment system
and network as its main channel for capital settlement in the forex
market.

          ��Asian banks reduce dollar holdings (2005-03-16)
          ��China Merchants Bank topped competitiveness-ranking list
(2005-03-15)
          ��Banking reform to continue despite scandals, central bank
official (2005-03-10)
          ��Listings of two big State banks imminent (2005-03-08)
          ��State banks to go public soon (2005-03-07)

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Wednesday, January 23, 2008

Learn mandarin - Smallest USB flash memory

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�� China is entering a post-GDP era

�� Transformation of the ideal Chinese woman

�� Mainland China's richest man retains the discipline of a student

  Photos

�� China Merchants Bank most competitive

�� Autumn fashion trends released

�� Asia's largest sorbitol plant

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Smallest USB flash memory

www.chinanews.cn 2005-03-15 15:18:44

On March 10th, at an exhibition of international electronic technology
and equipment in the German city of Hanover, the smallest USB flash
memory card in the world made its debut. It is just 17 mm long, 12 mm
wide and 1 mm thick, even smaller than a one-cent coin.

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Chinese School - WEF releases Global IT Report

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�� China is entering a post-GDP era

�� Transformation of the ideal Chinese woman

�� Mainland China's richest man retains the discipline of a student

  Photos

�� HK Int'l Martial Arts Fest

�� Forbidden City undergoes large-scale repair

�� Promotion flooded the house renovation products exposition

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WEF releases Global IT Report

www.chinanews.cn 2005-03-14 15:07:56

The World Economic Forum (WEF), host of the Davos Meeting, released its
2004 Global Competitiveness Report (GCR) on information technology a few
days ago. This was the fourth annual report by the WEF. The GCR listed IT
competitiveness indices of 104 countries and regions; the top ten are
Singapore, Iceland, Finland, Denmark, USA, Sweden, Hong Kong, Japan,
Switzerland and Canada. According to the report, China ranked 41st with
0.17 points, rising two places from 43rd in 2003. Singapore ranked first
with 1.73 points.

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Learn mandarin - "Lover dolls" popular in Jinan

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�� China is entering a post-GDP era

�� Transformation of the ideal Chinese woman

�� Mainland China's richest man retains the discipline of a student

  Photos

�� Armed policemen guard NPC & CPPCC

�� Wrong time to impose fuel tax

�� South Korea artists exhibiting in Guangzhou

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"Lover dolls" popular in Jinan

www.chinanews.cn 2005-03-10 14:57:17

(Mar. 9) 28 yuan, hand-made, hard polyester "lover dolls" of African
tribal design attract many customers.

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Learn mandarin - "Decoding hair" exhibit in HK

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�� China is entering a post-GDP era

�� Transformation of the ideal Chinese woman

�� Mainland China's richest man retains the discipline of a student

  Photos

�� HK-Shanghai joint investment promotion seminar

�� Int'l Lighting Fair

�� China to ban medical treatment ads

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"Decoding hair" exhibit in HK

www.chinanews.cn 2005-03-09 15:45:33

An exhibition, jointly organized by the Leisure and Cultural Services
Department of the Hong Kong government and the Consulate General of
France in Hong Kong, was held at the Hong Kong Science Museum on Mar.
8th, on display: the latest scientific research data and information on
hair.

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Tuesday, January 22, 2008

Chinese School - Beijing builds emergency shelters

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�� Mainland China's richest man retains the discipline of a student

�� Female aesthetic undergoes quiet changes in China

�� Will China's economy catch up with America by 2046?

  Photos

�� HK children learning Shaolin Kung Fu

�� Foreigners drawn to Chinese pancakes

�� China becomes cell phone giant

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Beijing builds emergency shelters

www.chinanews.cn 2005-03-08 14:05:22

Beijing has built a number of emergency shelters in open-air public areas
since the beginning of this year.

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Learn Chinese - Olympic Volunteers Etiquette School inaugurated

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�� Blogosphere a new spiritual home for urban youths

�� IPO Pricing Inquiry is hurting, not helping, the market

�� 2004 Statistical Communiqu�� of China

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�� Republican period buildings protected

�� Wine bottle treasure ship

�� World's largest T-stage

��Home>>Photos

Olympic Volunteers Etiquette School inaugurated

www.chinanews.cn 2005-03-07 13:59:48

Beijing Young Olympic Game Volunteers Etiquette School held its
inauguration ceremony at Beijing University on Mar. 5. Olympic champion
Liu Xuan and nearly 1,000 students attended the ceremony. The school will
adhere to the philosophy of a green, technological and cultured Olympics
and will cultivate language skills, Olympic culture, medical relief
skills, emergency response common knowledge and a wide variety of
abilities in its students.

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Learn Mandarin online - Growing railroad market

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�� Blogosphere a new spiritual home for urban youths

�� IPO Pricing Inquiry is hurting, not helping, the market

�� 2004 Statistical Communiqu�� of China

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�� Int'l education cooperation

�� VJ show in Shanghai

�� Nokia leads world's cell phone market

��Home>>Photos

Growing railroad market

www.chinanews.cn 2005-03-04 14:00:35

Patrick Kron, chief executive officer of Alstom Company delivered a
speech at Beijing Jiaotong University today. He said that China's rapidly
growing railroad construction market brought huge business opportunities
to all investors in the world. He believed that Alstom, a leading company
in the world with its advanced manufacturing technologies and research
strength, had already been a solid and reliable partner for China.

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Learn Chinese online - Hisense TV granted export inspection exemption

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�� 2004 Statistical Communiqu�� of China

�� Astronomical child education costs in China

�� Inflation not a big concern for China this year

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�� Beauty industry a consumer hot-spot

�� Measures to regulate textile export

�� 15b yuan in extension of Shanghai Int'l Airport

��Home>>Photos

Hisense TV granted export inspection exemption

www.chinanews.cn 2005-03-03 13:51:50

The General Administration of Quality Supervision, Inspection and
Quarantine will release certificates of export inspection exemption to
the first group of enterprises in early March. It is reported that
Hisense TV has maintained a 100% qualification rate over the last 3 years.

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Monday, January 21, 2008

Chinese Mandarin - Beijing seeks best of the best for Olympics

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�� 2004 Statistical Communiqu�� of China

�� Astronomical child education costs in China

�� Inflation not a big concern for China this year

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�� Publication recall mechanism

�� Bonded and export processing zones

�� TV anchors gather in Shanghai

��Home>>Sport

Beijing seeks best of the best for Olympics

www.chinanews.cn 2005-03-02 08:58:58

(Source: China Daily)

BEIJING, Mar. 2 - Yesterday the organizers began searching for proposals
and plans that will mark a truly memorable beginning and end to the
upcoming Games.
"We open the door for all talented individuals and organizations to come
up with proposals for splendid opening and closing ceremonies," said
Jiang Xiaoyu, vice-president of the Beijing Organizing Committee for the
Games of the XXIX Olympiad (BOCOG).
Acceptance of submissions for the two ceremonies began yesterday and ends
on July 31, the BOCOG announced.
Anyone interested in taking part in the historic event is welcome; but
foreign nationals or organizations are required to team up with Chinese
citizens or organizations to participate.
The BOCOG will also invite well-known individuals and organizations to
contribute their ideas and has also promised to solicit feedback from
ordinary citizens.
The plans for the ceremonies are expected to be finalized no later than
May 2007.
The opening ceremony is scheduled for August 8, 2008 and is expected to
last four hours. The closing ceremony will close the Beijing Games on
August 24.

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Chinese Mandarin - Over 350 foreign schools compete for students in Beijing

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�� Report predicts nation's development prospects

�� How to rescue China's underperforming stock market

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�� Heilongjiang: Wetlands became nature reserves

�� Chongqing's waterway freight volume tops all

�� China's first plaque museum

��Home>>Culture��Edu

Over 350 foreign schools compete for students in Beijing

www.chinanews.cn 2005-02-28 14:49:32

The 10th China International Education Exhibition Tour opened at the
World Trade Center in Beijing on February 26th. Held over two days, the
participants consisted of more than 350 universities and educational
institutes coming 27 countries and regions that included the United
States, England, France, and Australia. The exhibition attracted many
local students and their parents, who came for consultations and talks. A
highlight of the exhibition could be found at the Holland zone, where
consultation staff who were dressed in distinctive Dutch costumes were
enthusiastically giving explanations to the visitors and handing out
marketing brochures.

Chinanews, Feb. 28 - The first two-day session of the 10th China
International Education Exhibition Tour opened in Beijing's World Trade
Center yesterday. The annual "battle for student recruits" among the over
350 foreign schools and other educational institutions officially started.
Over 350 schools and educational institutions from 27 countries and
regions, including the UK, France, Holland, Ireland, Canada, the United
States, Australia, New Zealand, South Africa, Italy, Switzerland, South
Korea, Japan, Singapore and Hong Kong, participated in today's education
exhibition.
This year's education exhibition is different from the previous ones in
that, in addition to foreign universities, technology institutes,
preparatory schools for universities and vocational colleges and schools,
a number of language schools, high schools and cooperative programs by
Chinese institutions and foreign counterparts also took part in this
education exhibition. One high school from Australia even displayed a
Chinese-style slogan reading "all our graduates last year had excellent
exam results, better than the admission requirements of the University of
Melbourne ".
In the education exhibition, officials from the embassies of the UK, the
United States, Australia, New Zealand, Holland, Ireland and Ukraine took
turns and gave on-spot introductions on their countries' policies on
recruiting overseas students and the latest visa-related information to
those "prospective overseas students".

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Chinese School - RMB popular among China's neighbors

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�� Inflation not a big concern for China this year

�� Report predicts nation's development prospects

�� How to rescue China's underperforming stock market

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�� Largest simplified-Chinese bookstore in Taiwan

�� HK Great Group promotes special delicacies

�� Andy Lau to be honoured in Hong Kong Int'l Film Festival

��Home>>Business

RMB popular among China's neighbors

www.chinanews.cn 2005-02-25 14:14:14

Chinanews, Beijing, Feb. 24(By Liu Yuying and Wen Yang) - The People's
Bank of China pointed out in its "Monetary Policy Report for the Fourth
Quarter of 2004" issued today that, because of China's increasing
economic strength, its rapidly developing economic and trade ties with
other countries as well as the long-term stability of its currency, the
RMB is being accepted by more and more business entities among China's
neighboring countries and regions.
The report revealed that the RMB has been widely used in border markets
for small amount transactions as the denominator for valuation, payment
and settlement. Outbound circulation of the RMB continued to rise.
In recent years, the People's Bank of China has signed settlement
agreements on border trade with Vietnam, Mongolia, Laos, Nepal, Russian,
North Korea and the Kyrgyz Republic. Such agreements allowed the RMB and
the currencies of these neighboring countries to be used for border trade
settlements. Under these agreements, commercial banks from these
countries can open RMB accounts for bank settlement services and currency
exchange services in the border regions. The same rights were granted to
Chinese commercial banks in the border area. The agreements also allow
commercial banks from all signatory countries to transport large amounts
of RMB across the border for clearing after registering at the customs.

          ��RMB interest rate begins to cool off (2005-02-24)
          ��China to fully open its RMB bank card business (2005-02-16)
          ��G7 meeting expected to find it hard to force RMB appreciation
(2005-02-01)
          ��Soros opposed excessive pressure on RMB (2005-02-01)
          ��Wrong timing for adjusting the RMB (2005-01-27)
          ��RMB Appreciation to create its own bubble? (2005-01-20)
          ��Foreign-funded banks accelerated expansion of RMB business
(2005-01-11)

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Learn Chinese - Mengniu to cooperate with inte'l research organization

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�� Inflation not a big concern for China this year

�� Report predicts nation's development prospects

�� How to rescue China's underperforming stock market

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�� SWAT police team show off impressive skills

�� Chinanews reporters started tracing Zhenghe's voyages

�� Wriggling mountains of Daxing'anling

��Home>>Photos

Mengniu to cooperate with inte'l research organization

www.chinanews.cn 2005-02-23 15:24:36

(February 21, 2005) Yang Wenjun, deputy president of Inner Mongolia's
Mengniu Dairy Industry (Group) Co., Ltd indicated that probiotics yogurt
would be a new strategic focus of Mengniu. In February 2005 the group
signed a strategic cooperation agreement with the Chansen Company in
Denmark, a research organization on probiotics in a country strong in the
diary industry. Mengniu would also cooperate with Chansen and establish
probiotics labs for the research and development of LABS probiotics
suitable for Chinese. These measures will completely upgrade Mengniu's
yogurt line.

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Sunday, January 20, 2008

Learn Chinese - Inflation not a big concern for China this year

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�� Astronomical child education costs in China

�� Inflation not a big concern for China this year

�� Report predicts nation's development prospects

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�� Chinese Ambassador to US leaves after term

�� Heilongjiang: Wetlands became nature reserves

�� Chongqing's waterway freight volume tops all

��Home>>China Observer

Inflation not a big concern for China this year

www.chinanews.cn 2005-02-22 14:48:34

Chinanews, Beijing, Feb. 21 (By Liu Changzhong) - According to an expert
report, the international oil price will fall and remain steady in 2005
and the Chinese economy will continue to stay in an expansionary mode and
will not see much structural changes. As a result, inflation will
probably not occur in China this year. The Chinese economy is currently a
surplus economy that features more supply than demand except in the
energy field that is complicated by many geopolitical factors. The
inflation rate this year is estimated at about 3%, slightly lower than
2004's 3.9%.
The international economic research centre of the school of economics
under the Beijing Industry and Commerce University (BICU) and the
economic institute of Nankai University recently put out a report on the
2004 to 2005 development prospects of the national economy. The report
points to the abundant labor and capital supply and increasing market
demand as the stabilizing forces for the Chinese economy. The overall
living standard in China is still low, leaving much of the demand for
housing and automobiles unmet. An annual natural population growth of
7,700,000 people is also constantly creating new consumption demand.
Moreover, demand for exports continues to expand.
According to the report, the Chinese economy is in a rapid
industrialization and internationalization phase. The enormous growth
momentum brought by the industrialization and the open economic structure
will not drastically slow down, barring catastrophic events such as wars.
The lagging effects from the large-scale investment boom in 2003 and 2004
will be felt and the current economic growth is unlikely to slow down.
The report also pointed out that China's employment situation would still
be stern in 2005. The current economic structure of the Chinese economy
is not expected to undergo dramatic changes, neither are the employment
structure and employment scale. In this context, also considering the
lagging effect of the macroeconomic regulations and control, investment
growth will slow down.

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Learn Chinese - World-famous cars vie with each other for glamor

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�� Ma Kai: China's economy and macro-control policy

�� China's petroleum import dependency to top 50% in 2010

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�� Chinese flavor on cards

�� Japan: 2005 Winter Olympic Paralympic Games

�� Ronaldo married his beloved wife

��Home>>Photos

World-famous cars vie with each other for glamor

www.chinanews.cn 2005-02-18 15:56:43

Thousands of visitors visited the 2005 Chicago Auto Show which was held
in McCormick Place since it debuted on February 11. The show covered an
area of 111,000 square meters, an increase of 42% compared with the
previous year. More than one thousand cars from nearly 50 companies vied
with each other for glamor at the auto show, which has 104 years of
history and is the biggest auto show in the United States. The show will
close on February 20.

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