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Chinese Newspaper Highlights - Sept 28, 2004

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  • Chinese Newspaper Highlights - Sept 28, 2004

    CHINESE NEWSPAPER HIGHLIGHTS - SEPT 28, 2004

    Asia Pulse
    Sep 28, 2004

    BEIJING, Sept 28 Asia Pulse - Highlights of today's newspapers:

    PEOPLE'S DAILY:

    - Chinese President Hu Jintao said in Beijing Monday that China is
    ready to make joint efforts with Armenia to raise bilateral relations
    to a new level. He made the remark in talks with visiting Armenian
    President Robert Sedrakovich Kocharyan, who is on his first state
    visit to China as president.

    - Chinese premier Wen Jiabao said that the people of northwest China's
    Xinjiang Uygur Autonomous Region should devote themselves to building
    a new type of relations between different ethnic groups during his
    visit in the region on Monday. "The various ethnic groups in the region
    should get together and develop a new type of socialist relationship
    of an equal, friendly and mutually beneficial nature," said Wen, who
    returned Saturday after concluding his visit to Kyrgyzstan and Russia.

    CHINA YOUTH DAILY:

    - China successfully launched its 20th recoverable satellite for
    scientific and technological experiments from the Jiuquan Satellite
    Launch Center, in northwestern China's deserts, at 16:00 Monday.

    ECONOMIC DAILY:

    - Chinese premier Wen Jiabao said that the people of northwest China's
    Xinjiang Uygur Autonomous Region should devote themselves to building
    a new type of relations between different ethnic groups during his
    visit in the region on Monday. "The various ethnic groups in the region
    should get together and develop a new type of socialist relationship
    of an equal, friendly and mutually beneficial nature," said Wen, who
    returned Saturday after concluding his visit to Kyrgyzstan and Russia.

    - A grand reception was held Monday at the Great Hall of the People for
    foreign experts working in China, on the eve of the 55th anniversary of
    the founding of the People's Republic of China. Chinese Vice Premier
    Huang Ju delivered a speech at the reception. He said that since
    the founding of the PRC, and especially since China instituted the
    reform and opening-up policy, China has made great achievement. The
    annual economic growth rate has averaged 9.4% over the past 25 years,
    he said, adding that the living standard of the Chinese has continued
    to improve.

    CHINA DAILY:

    - With a bumper harvest in sight for this year, China is sowing the
    seeds for a fruitful 2005, planning its acreage of wheat - the nation's
    second most important crop after rice - by 666,600 hectares. The
    added area is expected to increase China's wheat production by at
    least 3.5 million tons, said Xiaobing, an official with the Ministry
    of Agriculture.

    GUANGMING DAILY:

    - Chinese President Hu Jintao said in Beijing Monday that China is
    ready to make joint efforts with Armenia to raise bilateral relations
    to a new level. He made the remark in talks with visiting Armenian
    President Robert Sedrakovich Kocharyan, who is on his first state
    visit to China as president.

    - China successfully launched its 20th recoverable satellite for
    scientific and technological experiments from the Jiuquan Satellite
    Launch Center, in northwestern China's deserts, at 16:00 Monday.

    ECONOMIC INFORMATION DAILY:

    - China's township businesses have reported a total of 2,744.7
    billion yuan (US$332.3 billion) of added value in January-to-August
    this year, up 12.82% on a yearly basis. According to figures released
    by the Township Enterprise Bureau under the Ministry of Agriculture,
    main indicators such as industrial added value, operational income,
    export value of products for delivery, benefit and taxation have all
    shown a coordinated and stable upward trend.

    CHINA SECURITIES JOURNAL:

    - The additional stock issue scheme of Shanghai-listed Baoshan Steel
    (600019) was adopted at its general meeting of shareholders on
    September 27.

    - The central bank's monetary policy committee suggests appropriate
    regulation over fluidity in the financial system.
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