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Chinese Newspaper Highlights - Sept 29, 2004

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  • Chinese Newspaper Highlights - Sept 29, 2004

    CHINESE NEWSPAPER HIGHLIGHTS - SEPT 29, 2004

    Asia Pulse
    Sep 29, 2004


    BEIJING, Sept 29 Asia Pulse - Highlights of major Chinese newspapers on
    Wednesday:

    PEOPLE'S DAILY

    - Chinese President Hu Jintao Tuesday told visiting South African Vice
    President Jacob Zumathat that both China and South Africa should earnestly push
    forward cooperation in various fields and upgrade the Sino-South African relations
    to a higher level.

    - Top Chinese leaders and visiting Armenian President Robert Kocharyan agreed
    here Tuesday that the two sides should strengthen cooperation in economic,
    technological and other areas.

    XINHUA DAILY TELEGRAPH

    - Many "cancer-stricken" counties have appeared in Shenqiu County of Henan
    Province, central China, as a result of the pollution of the Shaying River that
    runs through. Shaying River is the biggest branch of the Huaihe River, one of
    the longest and most polluted waterways in China.

    - Chinese Premier Wen Jiabao said here Tuesday that China will push forward
    steady the reform of the exchange rate mechanism concerning the Chinese
    currency, Renminbi, at a meeting with Charles O. Prince, chief executive officer of
    the Citigroup and former US Secretary of Treasury Robert Robin.

    ECONOMIC DAILY

    - Chinese Premier Wen Jiabao said here Tuesday that China will push forward
    steady the reform of the exchange rate mechanism concerning the Chinese
    currency, Renminbi, at a meeting with Charles O. Prince, chief executive officer of
    the Citigroup and former US Secretary of Treasury Robert Robin.

    - China will establish a perfect cycle economic legislation system in the
    years up to 2010, according to a plan of the State Development and Reform
    Commission.

    CHINA DAILY

    - A wave of measures will be launched to make it possible for China to score
    rapid economical develop while no longer exhausting its natural resources, a
    senior official said at a national conference on the circular economy Tuesday.

    - Foreign insurance companies' business in China is likely to accelerate
    after the full opening-up of the market at the end of this year, said Meng Zhaoyi,
    deputy director-general of the International Department of the China
    Insurance Regulatory Commission.

    CHINA SECURITIES JOURNAL

    - The Industrial and Commercial Bank of China is likely to take the lead
    among Chinese banks in setting up a fund management company.
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