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March 26, 2004 - April 2, 2004
Power Sector Needs Investment, Reform
In anticipation of continued power shortages nationwide, State Development and Reform Commission Vice Minister Zhang Guobao is calling for investment from the private sector and from overseas in power generation projects. Industry experts agree, adding that reforms within the system are equally necessary.
Oil Prices Follow Global Market Rises
China raised retail prices of gasoline Wednesday to reflect climbing prices on the international market, bringing prices at the pumps in Beijing to a four-year high. Demand is forecast to remain strong, however, and experts say the increase is likely to spur inflationary pressures on the economy.
Hi-tech Sector Gets US$1 Billion Input
The Ministry of Science and Technology will invest 11 billion yuan (US$1.32 billion) this year to fuel the country's high-tech and agricultural development. It has also started new projects to help upgrade old and industrial bases in northeast China.
Specificity Needed in Rights Protection Laws
In early March this year, China amended its Constitution to include guarantees of individuals' rights. Now law and economics scholars are calling for more specific legislation to color in the details within the outlines drawn by the Constitution.
China Takes Countermeasures on US Visa Procedure
China decided on Tuesday to take countermeasures against the US decision to fingerprint most Chinese who will go to the United States. The US practice was enforced On March 22.
Boao Forum Expanding Influence
"Asia searching for win-win" is being adopted as the permanent slogan of the Boao Forum for Asia as the rapidly developing region becomes increasingly internationally integrated. At this year's conference, "Asia Opening to the World," specially invited guests from around the globe will share their insights and experiences with Boao Forum members.
White Paper on Human Rights Published
China published on Tuesday a white paper detailing its progress in human rights protection over the past year. Providing abundant facts and figures that display the nation's achievements in 2003, the paper is expected to help the international community toward a better understanding of the situation in China.
China, Dominica Establish Diplomatic Relations
Foreign Ministry announced in Beijing Tuesday that the government of the People's Republic of China and the government of the Commonwealth of Dominica established diplomatic relations at ambassadorial level as of March 23, 2004.
Hydropower Units Sold for Three Gorges Dam
The company responsible for building the mammoth Three Gorges Dam signed a contract on Saturday to purchase the 12 hydropower generating units and accessories for the dam's right bank section. Unlike the left bank generators, which were all produced by foreign companies, eight of the 12 went to two leading Chinese machinery manufacturers.
Inside-auto Pollution Survey Launched
China launched its first survey on the pollution inside automobiles Saturday, aiming to collect necessary reference data for the establishment of an industry standard in the control of pollutants in automobiles.
Strong Windstorm Hits Inner Mongolia
An unusual strong sandstorm began sweeping Inner Mongolia Saturday afternoon, adding difficulty to the disaster relief efforts at earthquake-hit areas in the northern autonomous region.
week
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