Sunday, September 14, 2008

China's Cabinet approves working rules for anti-monopoly committee

The State Council has approved working rules for the anti-monopoly committee under the Chinese Cabinet, sources with the committee said on Saturday.

The anti-monopoly law, which took effect on Aug. 1, will focus not only on protecting and facilitating competition, but also on encouraging concentration, acquisitions and mergers to improve efficiency in markets. It will encourage enterprises to become more powerful and competitive, and at the same time, prevent inappropriate mergers which lead to monopoly.

Enforcement of the law will safeguard legitimate interests of all investors, including foreign ones, and prevent malicious mergers of local enterprises by foreign companies at the same time, so as to ensure economic security of the nation, according to the meeting.

Functions of the State Council anti-monopoly committee are as follows:

-- organizing investigations and assessments on the overall situation of market competition, and making reports,

-- making anti-monopoly guidelines,

-- carrying out the law.

Government departments have been ordered to formulate supporting rules for the law and establish databanks on market concentration for different trades.

Source: Xinhua

Chinese political advisors celebrate Mid-Autumn Festival

The National Committee of the Chinese People's Political Consultative Conference , the country's top advisory body, celebrated the Mid-Autumn Festival on Saturday night.

Jia Qinglin, chairman of the CPPCC National Committee, attended the gathering for the festival, which falls on Sunday, together with more than 400 political advisors and people from all walks of life.

Wang Gang, vice-chairman of the CPPCC National Committee, extended festival greetings to political advisors across China, and expressed the wish that the country could realize reunification at an early date.

The Mid-Autumn Festival, along with the Spring Festival, or the Chinese Lunar New Year, are traditional Chinese festivals for family reunions.


Source: Xinhua

Senior Russian, Chinese officials meet on bilateral ties

Vladislav Surkov, first Deputy Chief of Staff of the Presidential Executive Office of Russia, Friday met with Wang Jiarui, a senior official of the Communist Party of China , to discuss bilateral ties.

Surkov spoke highly of the Russia-China ties and welcomed the exchange between parties of the two countries.

The exchange is an important component of bilateral relations of the two countries, and enriches the content of the Russia-China strategic partnership, he said, adding that the two sides should further the exchange and cooperation between parties.

Surkov also congratulated China on its remarkable achievements in recent years and the success of the Beijing Olympics.

Wang, head of the International Department of the CPC Central Committee, said both the CPC and the Chinese government attach great importance to the Sino-Russian strategic partnership, and hope to make concerted efforts with the Russian side to promote bilateral cooperation.

The CPC will enhance its cooperation with major Russian parties, in a bid to boost the development of bilateral ties, which is beneficial to the peoples of the two countries, Wang said.

Wang, head of a CPC delegation, arrived here Wednesday for a visit at the invitation of the United Russia party.

Source: Xinhua

President of Guinea Bissau, King of Jordan to visit China

Joao Bernardo Vieira, president of Guinea Bissau and Jordan King Abdullah II Bin Al-Hussein will visit China from Sept. 16 to 19 and from Sept. 17 to 18 respectively, Chinese Foreign Ministry spokeswoman Jiang Yu announced here on Saturday.

The two heads of the state will also attend the closing ceremony of the Beijing 2008 Paralympic Games, Jiang added.

Source: Xinhua

PMs of Bangladesh, Nigeria, Samoa to visit China

Fakhruddin Ahmed, Chief Advisor of Bangladeshi Caretaker Government, Nigerian Prime Minister Seyni Oumarou and Samoa's Prime Minister Tuilaepa Sailele Malielegaoi will visit China from Sept. 15 to 18, Sept. 16 to 21 and Sept. 16 to 18 respectively, Chinese Foreign Ministry spokeswoman Jiang Yu announced here on Saturday.

Ahmed, Oumarou and Malielegaoi will also attend the closing ceremony of the Beijing 2008 Paralympic Games, Jiang added.

Source: Xinhua

Deputy PMs of Turkmenistan, Tonga to visit China

Deriyageldi Orazov and Maysa Yazmuhamedova, deputy prime ministers of Turkmenistan, and Tongan Deputy Prime Minister and Minister of Health Viliami Tau Tangi will visit China from Sept. 16 to 20 and Sept. 16 to 18 respectively, Chinese Foreign Ministry spokeswoman Jiang Yu said here on Saturday.

Orazov, Yazmuhamedova and Tangi will also attend the closing ceremony of the Beijing 2008 Paralympic Games, Jiang added.

Source: Xinhua

CPC official leaves for Japan

Liu Hongcai, deputy head of the International Department of the Central Committee of the Communist Party of China , left here on Sunday for a working visit to Japan.

Liu, heading a CPC delegation, will attend the 4th Annual Tokyo-Beijing Forum.

Source: Xinhua