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BEIJING, May 7 (Xinhua) -- Chinese Vice President Xi Jinping has urged universities to reform and improve themselves to turn out more high-quality personnel for the society.     Universities are supposed to produce "qualified builders and reliable successors of socialism with Chinese characteristics," Xi said while touring major Beijing-based universities from Wednesday to Thursday.     Centering on the fundamental task of personnel fostering, he said, universities should reform all concepts and mechanisms that go against the mission, lift the overall quality of teachers, offer better services in helping students find jobs, beef up campus stability, and provide technical service and intellectual support for companies to weather the financial crisis.     He also urged universities to prevent and punish academic corruption.

SHANGHAI, June 3 (Xinhua) -- Standard Chartered Bank (China) Limited announced Wednesday that it plans to issue 3.5 billion yuan (512 million U.S.dollars) financial bonds in China, the first foreign bank to issue Renminbi bonds in the Chinese mainland.     The announcement was made in the wake of a circular released by the State Council in April on building Shanghai into an international financial center and shipping hub.     The municipal government of Shanghai convened a working meeting late last month on preparation for the financial center goal, promising to support foreign banks to issue yuan-denominated bonds.     "As China's financial market continues to liberalize, Standard Chartered is seeing a number of opportunities for our business," said Peter Sands, Group Chief Executive of Standard Chartered Bank, during his visit to Beijing this week.     The issuance is expected to help elevate the Renminbi's status as an international reserve currency, develop local capital markets, and contribute towards Shanghai's development as a global financial center, said Sands.     Standard Chartered Group reported 26 percent income growth in 2008, or 13.97 billion U.S. dollars despite the difficult global economic environment.     In China, the bank has grown by an average annual compounded growth rate of 80 percent over the past four years.     Standard Chartered Bank is China's oldest foreign bank enjoying150 years of history. It is among the first batch of locally-incorporated foreign banks and has one of the largest foreign bank networks operating in China.

BEIJING, June 1 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Monday called on local governments and government agencies to improve production safety and crack down on illegal practices.     The number of accidents and casualties had fallen this year, Zhang said in a teleconference aimed to improve production safety.     However, some industries still had potential dangers, he said.     Zhang urged authorities to enhance work safety supervision and remove hidden dangers at work places to avoid accidents.     Any illegalities, especially in major industries such as coal mining, construction, and fireworks production, must be eliminated.

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MOSCOW, June 1 (Xinhua) -- The BRIC countries (Brazil, Russia, India and China) are able to realize rapid economic growth after the current financial crisis tides over, said Chinese and Russian experts during a Beijing-Moscow televised conference on Monday.     The emerging economies, represented by the BRIC countries, are playing a stabilizing role amid the ongoing crisis, said Chen Fengying, director of the Institute of World Economy Studies in China's Institute of Contemporary International Relations.     Chen said the BRIC countries, which could contribute much more to the global economic growth this year, may further lead the world economy in a post-crisis era, should they realize the industrial restructuring and the transition of economic growth patterns.     Judging from macroeconomic indicators such as international balances, scales of debt and deficit, the BRIC countries may weather through the financial crisis earlier than the major developed countries, said Lev Frainkman, an expert from Russia's Institute for the Economy in Transition.     These countries also have ample reserve funds to implement their anti-crisis measures, said Frainkman.     The BRIC summit scheduled to be held in mid-June in Yekaterinburg, Russia, has displayed BRIC countries' cooperative willingness to jointly ward off the crisis, said Sergei Alexashenko, director of Macroeconomic Studies at Russia's Higher School of Economics.     BRIC countries may integrate respective resources to seek cooperation in aircraft manufacture and software development, he added.     Li Yongquan, deputy director of the Euro-Asian Social Development Research Institute at China's Development Research of the State Council, said of all the bilateral and multilateral cooperation within the framework of the BRIC countries, he particularly expects a great prospect for China-Russia cooperation.     Li suggested China and Russia further exploit cooperative potentials in four spheres such as technologies, natural resources, human resources and marketing.

SINGAPORE, May 15 (Xinhua) -- China Aviation Oil said on Friday that its net profit in the first quarter of this year fell by 54.6 percent on-year to 4.1 million U.S. dollars.     The company said in a statement that revenue fell by 34.8 percent to 655.6 million U.S. dollars in the first quarter of 2009 over the same period last year.     The company said the drop was mainly due to lower jet fuel prices in the first quarter of this year, adding that it will continue to take a cautious approach to its trading activities during the global downturn.

BEIJING, July 5 (Xinhua) -- The Bank of China (BOC), China's largest foreign exchange bank, will transact the first cross-border yuan trade settlement deal Monday, a source with the bank said Sunday night.     The BOC Shanghai branch would receive the first cross-border yuan trade settlement deal from the BOC (Hong Kong) Monday, the unidentified source said.     The payee would be Shanghai Electric International Economic and Trading Co., Ltd. under Shanghai Electric Group Co., Ltd. and the remitter would be the company's business partner in Hong Kong.     China last week issued detailed measures to regulate the pilot program for cross-border trade settled in yuan. The rules specified how to make transactions using Renminbi (RMB) to settle trade with Hong Kong and Macao and regional trade partners.     "The service has drawn much attention and many overseas enterprises had been asking us about it months ago. Why? Because cross-border yuan trade settlement could help enterprises avoid exchange rates risks, lock up financial costs and reckon enterprise anticipated profits," the source said.     "In comparison to convertible currency settlement, it could streamline links and reduce trade cost. It could help enterprises without foreign exchange revenues cut losses from converting foreign exchanges. It could reduce derivative fees in selecting RMB financial products," said the source.     The BOC Shanghai branch has reached tentative agreements with 11 overseas agent banks on yuan trade settlement deals. Now the agent banks in tentative agreements with the BOC mostly are large banks in Asia and they anticipate remarkable demand on yuan settlement, according to the sources.     "We are in talks with banks in the United States and Europe and get very positive feedbacks. Despite some obstacles in cross-border yuan settlement, the trend is good," the source said.

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BEIJING, May 19 (Xinhua) -- China and Brazil issued a joint communique on Tuesday to boost their strategic partnership as Brazilian president visited Beijing.     Chinese President Hu Jintao and his Brazilian counterpart Luiz Inacio Lula da Silva agreed that both countries have enjoyed fruitful cooperation since forging diplomatic ties 35 years ago, the communique said. They believed it is of great significance to further facilitate China-Brazil strategic partnership at the current stage.     The two countries signed cooperative agreements in politics, law, science, space ,finance, port, energy and agricultural products, among others.     Lula da Silva reiterated in the communique his country's adherence to the one-China policy and admitted that the People's Republic of China is the sole legal government of China and Taiwan is a part of China. President Hu highly appreciated that. Chinese President Hu Jintao (R) shakes hands with his Brazilian counterpart Luiz Inacio Lula da Silva after signing the joint communique at the Great Hall of the People in Beijing, capital of China, May 19, 2009.     The two sides emphasized the important role of bilateral high-level coordination and cooperation committee in guiding the relations in all sectors.     The two countries agreed to maintain high-level visits, and strengthen strategic blueprint on Sino-Brazilian ties through bilateral mechanisms such as strategic dialogue, political consultation between the two foreign ministries and parliamentary bodies.     They agreed to hold their second strategic dialogue in the latter half of this year, the communique said.     The two leaders decided to map out a joint action plan from 2010 to 2014, which would cover all the fields of existing bilateral cooperation. Chinese President Hu Jintao (3rd L) holds talks with his Brazilian counterpart Luiz Inacio Lula da Silva (3rd R) at the Great Hall of the People in Beijing, capital of China, May 19, 2009.They expressed their satisfaction over the enhanced bilateral economic and trade cooperation, and promised to further promote the diversified trade and growth of bilateral trade.     Hu and Lula da Silva reiterated it is of great importance to maintain economic growth and strengthen bilateral trade amid the international financial crisis. They vow to promote cooperation and dispel obstruction in the fields of custom and quality control, to ensure safety and provide convenience to bilateral trade.     Both sides encouraged relevant departments and enterprises to carry out investments in the fields of infrastructure construction, energy, mineral, agriculture, industry, and high-tech industries.     According to the communique, the two sides are willing to strengthen dialogues on macro-economy policies within the mechanism of bilateral financial ministers' dialogue.     The two countries agreed that science and technology played a strategic role in their economic development and competitiveness. They expressed their satisfaction over signing a science and technology and innovation cooperation plan. The two presidents agreed to increase space cooperation and continue joint work on satellite research.     China and Brazil in 1988 launched an earth resources exploring satellite program known as CBERS, and three satellites have so far been launched. The information collected by the satellites was offered to other developing countries for free. The project was considered a technology cooperation model between the developing countries.     The two sides also agreed to expand cooperation in education, culture, press, tourism and sports. China welcomes Brazil to set up a general consulate in Guangzhou, capital city of south China's Guangdong Province, the document said.     Brazil will participate in the 2010 World Expo in Shanghai, and the president wished the World Expo a complete success, according to the communique.     The two developing nations agreed to keep close contacts within the frameworks of the Group of Five(G5) and the BRIC (Brazil, Russia, India and China), and enhance coordination with other developing countries, to increase the participation and voices of developing countries in international affairs.     Hu and Lula da Silva believe and the two countries have taken "important" measures to tackle the global economic downturn, and made positive contribution to maintain respective economic growth and global economic recovery, the communique said. Chinese Vice Premier Zhang Dejiang (4th R) and Brazilian President Luiz Inacio Lula da Silva (4th L) attend a seminar on the new opportunities of the China-Brazil strategic partnership, in Beijing, capital of China, May 19, 2009. A seminar on the new opportunities of the China-Brazil strategic partnership was held in Beijing May 19. The two presidents proposed deepening the ongoing reform of the International Monetary Fund and the World Bank, in a bid to increase representation and voice of the developing world.     They also called on international financial organizations to offer more resource aid to developing countries hit more severely by the global slump, it said.     Both sides underscored the significance of the G20 London Summit in fighting the global downturn, calling on the international community to implement the consensus reached during the summit and promote the international financial system reform.     According to the communique, the two countries opposed protectionism as a means to survive the crisis. They expected to enhance coordination and cooperation within the World Trade Organization and promote an early conclusion of Doha Round negotiation.     Hu accepted Lula da Silva's invitation for him to visit Brazil at a convenient time.

BEIJING, May 14 (Xinhua) -- Li Changchun, a senior leader of the Communist Party of China (CPC), met here with delegates from South Asian countries Thursday, calling on the broadcast institutions in China and South Asia to forge further cooperation.    ; Exchanges among broadcast institutions are a very important component of cooperation between China and South Asian countries, said Li, member of the Standing Committee of the Political Bureau of the CPC Central Committee, during a meeting with the delegates who were here to attend a China-South Asia forum on radio and television.     Li said media interactions are necessary to increase mutual understanding and boost common development between the countries.     The forum was attended by delegates from China and seven membercountries of the South Asian Association for Regional Cooperation,or SAARC. They shared their thoughts and views on the cooperation and development of media.     The theme of the forum was "Strengthening exchange and cooperation, Promoting common development. More than 30 high-ranking officials from government bodies and senior management personnel from broadcasting organizations in SAARC member countries attended the forum.

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ZHENGZHOU, June 20 (Xinhua) -- Chinese Vice Premier Li Keqiang has urged economic restructuring to tap the growth potential as the nation copes with the impact of the global downturn.     Li made the call during a four-day tour ending Saturday in central China's Henan Province.     He said that with the concerted efforts nationwide, China's economy was turning for the better. He nevertheless warned of difficulties ahead citing the complicated world economy and called for confidence and more coping efforts.     Visiting local companies, Li urged the remolding and upgrading of traditional industries and the development of new sectors including new energy, environmental protection, new and high-tech and modern services.     Li's trip also highlighted the importance of agriculture and encouraged renovation and the development of modern agriculture. Chinese Vice Premier Li Keqiang (R), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, talks to local residents of Mazhuang village, Qiaobei town, Yuanyang county, central China's Henan Province, June 19, 2009. Li Keqiang made a four-day tour in Henan Province that ended Saturday.

BEIJING, May 21 (Xinhua) -- China's top political advisory body on Thursday urged its members to make more proposals on how the Communist Party and government can maintain the country's economic growth.     The statement was made at a meeting attended by the chairman and vice chairpersons of the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Jia Qinglin (2nd R), chairman of the National Committee of the Chinese People's Political Consultative Conference, chairs the 15th chairpersons meeting of the 11th National Committee of the Chinese People's Political Consultative Conference in Beijing, May 21, 2009    The meeting, which was presided over by Jia Qinglin, the chairman, also decided that the Standing Committee of the 11th CPPCC National Committee will hold its sixth session from June 16 to 19.