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China Will Not Tolerate "Taiwan Independence" Timetable
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| The Chinese government and people will not sit idly by if Taiwan leader Chen Shui-bian persists in pursuing independence for the Chinese province. Li Weiyi, spokesman for the State Council's Taiwan Affairs Office, said that Chen's separatist remarks and actions revealed his talk of easing cross-straits tensions to be a sham. |
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Steel Industry Needs Structural Adjustment and Upgrade
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| At a recent symposium on the steel market, officials said that the sector needs to further optimize its production structure and to continue upgrading technology in order to address expected challenges in 2005. |
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Seven Accords Signed with Pakistan
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| Visiting Pakistani Prime Minister Shaukat Aziz concluded seven agreements on projects with Chinese leaders on Wednesday and announced Pakistan's recognition of China's full market economy status. Aziz is in China primarily to enhance economic links and commercial interaction, as well as to exchange views on regional and international issues.
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Gansu UFO Believed to Be Meteorite
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| Hundreds of people in Gansu Province witnessed what they thought was a UFO crash on the night of December 11. But some experts say that the shockwave that was felt was caused by a meteorite impact about 60 kilometers from Lanzhou. |
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SOEs to Improve Risk Management, Governance
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| China will accelerate the reform of state-owned enterprises next year. In the wake of the recent China Aviation Oil debacle, SOEs are being admonished to establish solid risk-management systems, improve governance and regulate the transfer of property. |
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China, Russia Discuss Military Cooperation
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| Russian Defense Minister Sergei Ivanov met on Monday with President Hu Jintao, Central Military Commission Vice Chairman Guo Boxiong and Defense Minister Cao Gangchuan to discuss Sino-Russian cooperation. A focus of the talks was the two countries' first-ever joint military exercise, scheduled to be held next year. |
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Fire and Water Take Toll on Coal Miners
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| Thirty-six men remain trapped in a Guizhou Province coal mine after water gushed into the shafts on Sunday. It is not certain whether the miners are still alive. In central China's Hunan Province, five miners have been confirmed dead following a coal mine fire on Monday evening. Three were rescued, but 13 remain trapped underground. |
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Textile Duties to Ease Trade Concerns
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| A Ministry of Commerce spokesperson said Sunday that export duties will be imposed on certain textile products in order to ease the concerns of trading partners once quotas are lifted in the new year. |
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Nanjing Remembers
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| On December 13, 1937, Japanese troops invaded Nanjing and killed more than 300,000 Chinese, most of them civilians and many of them women and children. This past weekend, government officials, students and other city residents joined the survivors of the massacre to mourn those who died and pray for world peace. |
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Foreign Firms Satisfied with China's Performance
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| A recent survey shows that 93 percent of 1,000 foreign-invested companies in Shanghai are satisfied with China's performance in post-WTO period, and 86 percent of them are optimistic about China's future investment and trade environment. |
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