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Top Leaders Urged Military Modernization
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| Jiang Zemin, chairman of the Central Military Commission (CMC), Thursday called on the country's armed forces to get fully aware of the changing situation, accelerate the pace of modernization, perform their sacred mission of safeguarding state security and national unification, raise the level of a regular army and provide a powerful backing to the nationwide efforts to fight for the goal of building a well-off society in all aspects and opening up a new situation in building socialism with distinct Chinese characteristics. |
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State Douses Overheated Steel, Iron Sectors
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| After nearly a year of repeated warnings of overheating in the steel sector, the government has finally resorted to administrative and financial solutions to stop soaring investment in production. |
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Landmark Beijing Gate Being Rebuilt
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| The rebuilding of Yongdingmen Gate started Wednesday. Once a landmark in south central Beijing, the 400-year-old gate was pulled down in 1957. Experts say the return of the gate to the cityscape is a welcome relief after decades of demolition. |
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Hubble Snaps Farthest Galaxies
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| Astronomers using the Hubble Space Telescope (HST) unveiled the deepest look into the universe yet, a portrait of what could be the most distant galaxies ever seen. The new image includes objects that until now have been too faint to be seen. |
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Better Protection of Private Property Hailed
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| A civil law professor and member of the CPPCC National Committee says that the proposed constitutional amendment guaranteeing protection of private property will have a profound influence on China's economic reform and society as a whole. |
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Security Fund Secured Off Capital Market
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| The government has no plans to invest its social security fund, up to 130 billion yuan (US$15.7 billion), into capital market in the Chinese mainland, said Minister of Labor and Social Security Zheng Silin Tuesday at a press conference. The decision is aimed at protecting the fund and avoid fluctuations in the mainland's growing capital market. |
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Rice Price Hikes Raise Concerns
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| "How about rice prices in your city?" This has been a recurring theme in cyber forums as netizens express their concerns about the rising grain prices. The government is also taking a close look at ways to ensure adequate grain production. |
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New Rule on Foreign Banks Announced
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| China's banking authorities Monday published a new supervisory regulation for foreign-invested banks in a bid to get a more comprehensive picture of their growing operations as well as risk levels. |
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China on Top of the Pingpong World Again
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| China still sets the gold standard in table tennis as its all-conquering players lifted the country's 14th world men's team championship on Sunday to add to its 15th women's crown won Saturday. |
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Netizens Constitute Most Active 'Constituency'
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| The Internet is a most primary means to collect information in a modern society, and as the number of netizens swells and their cultural accomplishments accumulate, the impact of web surfers over the country's political affairs will increase daily, said Zhou Hongyu, the first netizen deputy to the NPC.
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