Business
Developers off er
discounts to win
back buyers
Beijing Spring Property Expo
is barometer of market.
> PAGE 9
Life
Much ado
about
bamboo
Springtime is the best
season to enjoy shoots.
> PAGE 12
Nation
Alleged
kingpin
in court
Lai Changxing on trial for
smuggling and bribery.
> PAGE 3
CHINADAILY
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Vol. 32 — No.
A member of the Asia News Network
9961
Popularity of mastiff s threatens purity of breed
By ZHENG XIN
zhengxin@chinadaily.com.cn
As the craze over the lion-
like Tibetan mastiff s from the
Himalayan plateau has swept
over the country the last two
decades, the percentage of dogs
remaining purebred has wit-
nessed a drastic drop, experts
say.
“Mastiff fever has intro-
duced the dogs, the treasure
and guardian of the Himalayan
plateau, to the whole country
and also made its value rocket,”
said Huang Ding, secretary-
general of the Mastiff Associa-
tion of Tibet.
“Th is will lead to the extinc-
tion of the purebred ones if the
market is not well managed
and controlled,” Huang said
during a weeklong Himalayan
mastiff exhibition that kicked
off in the capital on Friday.
All 30 purebred mastiff s at
the exhibit have gone through
strict selection in Tibet, said
You Wenfa, honorary president
of the association.
Th e price of the dogs ranges
from 200,000 yuan to 16 mil-
lion yuan ($38,000 to $2.5 mil-
lion).
“The valuations of all the
mastiffs are some 80 million
yuan,” said You. “However, all
the dogs are for exhibition and
appreciation only this time,
rather than for sale.”
According to Huang, there
are fewer than 300 purebred
Himalayan mastiffs in the
world.
Th irty purebred Himalayan
mastiff s were brought to the city
for exhibition aft er a fi ve-day
trip from the plateau. Some 40
Tibetan mastiff exhibitions will
be held from March to April
this year across the country.
Th e fi rst Himalayan Mastiff
Cultural Exposition will also be
held in May in Lhasa, capital of
the Tibet autonomous region.
According to Huang, many
traders simply consider breed-
ing the dog as a tool for build-
ing up fortunes and a road to
economic prosperity — regard-
less of preserving its pure blood
and genes — which results in an
overfl ow of crossbred mastiff s.
“Many merchants, with
insufficient knowledge about
the dog, mate the purebred
Himalayan mastiff s with other
kinds of dogs, which simply
results in a market of chaos and
deception,” said Huang.
In addition, some people
mate the purebred ones with
other breeds in pursuit of one
that is better looking, taller or
has shinier fur, which is ‘stu-
pid and foolish’, according to
Huang.
“Seriously, this kind of irre-
sponsible mating might lead to
the extinction of the purebred
mastiff s,” he said.
Huang is currently work-
ing with staff from the Mastiff
Association of Tibet to help
preserve the breed, which has
a history of thousands of years.
“It’s also a way of restor-
ing Tibetan culture,” Huang
added.
According to Wang Yong-
gang, president of the associa-
tion, Himalayan mastiffs are
one of the three treasures to the
Tibetan people. Th e others are
the yak, a major food source
for people on the plateau, and
the vulture, the predatory bird
believed to bring the spirit and
soul of Tibetans to heaven aft er
death through sky burial.
SEE “MASTIFF” PAGE 2
SETTING THE STAGE
PHOTO BY LIU XIAO / XINHUA
Workers prepare for a cultural heritage expo that kicked off on Friday in Xi’an, capital of
Shaanxi province. See story on page 3.
WANG JING / CHINA DAILY
Huang Ding, secretary-general of the Mastiff Association of
Tibet, walks his dog on Friday.
FENG YONGBIN / CHINA DAILY
John Dramani Mahama, vice-president of Ghana,
says Africa has resources but not enough infrastructure.
Africa
looks to
China for
fi nancing
Developing nations now have
more choices for procuring loans
By ANDREW MOODY and
ZHONG NAN in Accra, Ghana
Emerging countries can
now look to China and other
new economic powers for
development cash, said a
leading African politician.
“Th e rise of BRICS coun-
tries like China, Brazil and
India gives an alternative to
African and other developing
countries for much needed
investment without having
to go through the old rig-
marole,” said John Dramani
Mahama, vice-president of
Ghana.
Mahama said the Cold War
and US influence in Africa
almost compelled countries
in the region to seek resourc-
es for development from the
International Monetary Fund
and the World Bank.
Ghana’s vice-president
was speaking ahead of his
visit to Beijing on Thurs-
day to sign a $3-billion loan
from the China Develop-
ment Bank.
Considered the largest
loan so far to a West African
nation, the money is ear-
marked for major infrastruc-
ture development, including
a new gas pipeline, fishing
harbors, roads and railway
lines.
Mahama, speaking from
his offi cial residence at Osu
Castle in Accra overlooking
the Gulf of Guinea, added
Ghana was also in discus-
sions with Brazil to arrange a
similar but smaller facility of
around $1 billion.
The loan by the China
Development Bank, China’s
largest foreign currency
lender, has been subject to
signifi cant delays.
It needed third-party
approval from the IMF
because of Ghana’s poor
fi nancial status, which means
any additional lending has to
be scrutinized to avoid it get-
ting into further debt.
The IMF eventually gave
the go-ahead in December
and Ghana’s parliament
approved it in February.
Gong Jianzhong, China’s
ambassador to Ghana, said
he could not understand the
delays.
The memorandum of
understanding was signed
during the visit of Ghanaian
President John Atta Mills to
China in September 2010.
SEE “AFRICA” PAGE 7
Country
upgrades
nuclear
emergency
planning
By XIN DINGDING
xindingding@
chinadaily.com.cn
China is updating its nuclear
emergency plan and building
its capability to handle nuclear
emergencies amid new chal-
lenges brought by the indus-
try’s quick development.
A two-day meeting of the
national nuclear emergency
coordination committee that
started on Friday in Beijing dis-
cussed the revision of China’s
nuclear emergency plan, as
well as the 12th Five-Year Plan
(2011-15) for nuclear emergen-
cies. An expert panel set up on
Friday was expected to provide
professional advice to the com-
mittee.
Meanwhile, the committee
will expand to involve more
government departments and
provinces, said Wang Yiren,
deputy head of the State
Administration of Science,
Technology and Industry for
National Defense.
The number of provinces
that have nuclear emergency
plans will increase from 12 to
16, he said.
Efforts will also be made to
draft more laws governing
nuclear emergencies, build capa-
bility to handle a nuclear acci-
dent, and carry out more nuclear
emergency drills, he said.
The meeting came after
President Hu Jintao told the
2012 Seoul Nuclear Security
Summit last week that nucle-
ar security and energy could
work in tandem by using a “sci-
entifi c and sensible” approach.
As China prefers nuclear
energy to meet its surging
demand as the economy under-
goes rapid expansion, efforts
should be made to “face up to
associated risks and make sure
that nuclear energy is safer and
more reliable”, Hu cautioned.
SEE “NUCLEAR” PAGE 2
In this issue
NATION.........................................2-4
COMMENT...................................5
WORLD......................................6-8
BUSINESS.....................................9, 10
LIFE.............................................11-14
SPORTS.......................................15, 16
PAGE 2 | CHINADAILY.COM.CN/NATION CHINA DAILY
nation
24 / 30
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26 / 30
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25 / 32
25 / 32
28 / 35
27 / 35
24 / 35
24 / 36
21 / 38
21 / 38
8 / 22
5 / 20
18 / 23
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24 / 31
12 / 22
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17 / 21
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- 6 / 10
- 1 / 12
13 / 20
13 / 19
SATURDAY
SUNDAY
7 / 24
12 / 24
9 / 20
9 / 21
TRAVELER’S FORECAST
Chengdu
Urumqi
Beijing
Xining
New
Delhi
Kathmandu
Thimphu
Yangon
Singapore
Jakarta
Kuala Lumpur
Bangkok
Vientiane
Ulaanbaatar
Shanghai
Bandar Seri
Begawan
Macao
Hong
Kong
Guangzhou
Manila
Hanoi
Taipei
Seoul
Pyongyang
Tokyo
Lhasa
CHINA
AMERICAS
APRIL 7-8SAT - SUN
LOW/HIGH TEMPERATURES, IN DEGREES CELSIUS,
AND EXPECTED CONDITIONS
C Cloudy
D Drizzle
Du Dust
F Fog
O Overcast
R Rain
Sh Shower
S Sunny
Sn Snow
St Storm
T Thunderstorms
weather
ASIA-PACIFIC-MIDDLE EAST
EUROPE
BuenosAires 11 / 25 C 15 / 23 C
Chicago 3 / 16 C 5 / 16 O
Caracas 24 / 31 C 24 / 30 C
Houston 15 / 27 C 15 / 27 C
Las Vegas 14 / 18 O 7 / 24 S
Los Angeles 10 / 18 S 8 / 21 S
Mexico City 13 / 26 C 12 / 25 C
New York 5 / 16 S 6 / 18 S
Ottawa - 2 / 13 S - 2 / 15 S
Rio De Janeiro 23 / 29 C 24 / 29 C
San Francisco 5 / 14 S 5 / 16 C
Sao Paulo 20 / 27 C 20 / 27 C
Vancouver 3 / 8 C 3 / 11 C
Washington 7 / 17 S 4 / 20 S
Athens 13 / 24 C 14 / 22 C
Berlin 0 / 4 D 2 / 7 O
Brussels 1 / 8 Sh 4 / 8 O
Geneva 6 / 14 Sh 7 / 13 C
Istanbul 13 / 19 C 13 / 19 C
London 1 / 10 O 6 / 14 O
Madrid 6 / 16 C 4 / 18 C
Moscow - 4 / 4 R/Sn - 2 / 7 O
Paris 5 / 11 O 2 / 11 O
Rome 11 / 18 D 9 / 17 C
Vienna 8 / 14 C 7 / 10 D
CHINA
AFRICA
2 / 12
0 / 14
Cairo 19 / 35 C 24 / 32 C
CapeTown 16 / 22 R 15 / 24 Sh
Johannesburg 9 / 21 S 11 / 21 S
Lagos 25 / 32 C 26 / 32 C
Nairobi 16 / 27 C 16 / 26 C
Abu Dhabi 21 / 37 D 22 / 37 D
Bangkok 28 / 35 C 27 / 35 C
Colombo 25 / 32 C 25 / 32 C
Dubai 24 / 32 C 25 / 32 C
Hanoi 22 / 25 Sh 22 / 25 D
Islamabad 16 / 32 C 16 / 32 C
Jakarta 24 / 30 D 24 / 30 O
Karachi 23 / 35 S 21 / 34 C
Kuala Lumpur 25 / 32 Sh 25 / 32 Sh
Manila 26 / 32 C 26 / 32 S
Mumbai 22 / 32 S 21 / 33 S
New Delhi 21 / 38 S 21 / 38 S
Pyongyang 1 / 13 C - 2 / 14 C
Riyadh 21 / 33 C 20 / 34 C
Seoul 2 / 12 S 0 / 14 S
Singapore 26 / 30 C 26 / 30 Sh
Sydney 19 / 23 C 17 / 23 O
Teheran 13 / 23 C 15 / 24 C
Tokyo 8 / 22 C 5 / 20 C
Wellington 10 / 16 S 10 / 17 S
Yangon 24 / 35 C 24 / 36 T
Beijing 7 / 24 C 12 / 24 S
Changchun - 5 / 11 S 2 / 9 C
Changsha 14 / 22 C 14 / 20 Sh
Chongqing 16 / 19 D 15 / 18 D
Dalian 5 / 16 S 7 / 16 S
Fuzhou 15 / 21 O 15 / 20 O
Guangzhou 17 / 21 R 17 / 22 Sh
Guilin 14 / 18 Sh 14 / 19 R
Guiyang 10 / 16 O 11 / 18 D
Haikou 21 / 27 D 21 / 28 D
Hangzhou 11 / 25 C 12 / 26 C
Harbin - 7 / 10 S 3 / 9 Sh
Hefei 10 / 26 C 12 / 26 C
Hohhot 3 / 16 S 4 / 18 S
Hongkong 18 / 21 D 18 / 21 D
Jinan 13 / 26 S 16 / 24 S
Kunming 12 / 19 T 11 / 21 Sh
Lanzhou 7 / 20 C 8 / 22 C
Lhasa 2 / 13 R/Sn - 1 / 13 Sn
Lijiang 9 / 18 D 7 / 18 D
Macao 18 / 21 D 18 / 21 D
Nanchang 15 / 24 C 17 / 23 O
Nanjing 10 / 25 S 12 / 26 C
Nanning 18 / 21 Sh 18 / 21 Sh
Qingdao 7 / 17 S 10 / 20 S
Sanya 25 / 32 C 24 / 32 C
Shanghai 12 / 22 C 13 / 23 C
Shenyang - 3 / 15 S 2 / 17 S
Shenzhen 18 / 22 Sh 19 / 24 D
Shijiazhuang 10 / 28 S 11 / 25 S
Suzhou 12 / 24 S 13 / 26 C
Taipei 18 / 23 D 19 / 23 D
Taiyuan 5 / 23 S 6 / 24 S
Tianjin 7 / 25 S 10 / 20 S
Urumqi 9 / 20 S 9 / 21 S
Wuhan 12 / 26 C 13 / 22 C
Xiamen 17 / 24 C 16 / 23 C
Xi’an 11 / 23 C 11 / 23 C
Xining - 2 / 14 S - 1 / 16 C
Yantai 4 / 19 S 9 / 16 S
Yinchuan 4 / 20 S 4 / 22 S
Zhengzhou 10 / 25 S 11 / 24 S
Zhuhai 18 / 22 Sh 19 / 23 D
SATURDAY, APRIL 7, 2012
By ZHENG CAIXIONG
in Guangzhou
zhengcaixiong@chinadaily.com.cn
Guangzhou authorities are
building a “non-governmental
fi nancial street” to off er fi nanc-
ing and fundraising services to
the city’s small, medium- and
micro-sized enterprises, a
senior financial official of the
city has said.
“Th e fi nancial street, which
will be completed before
the end of May, is expected
to play an important role in
helping to bail out the city’s
many of small, medium- and
micro-sized enterprises that
are running in the red because
of inadequate funds for expan-
sion and development,” Cai
Jian from the city’s finance
offi ce told reporters aft er the
city government’s routine
work conference on Friday.
“In the fi rst stage, the fi nan-
cial street will attract 35 com-
panies and organizations to
provide financing and wealth
management services,” Cai said.
“Th ese companies and orga-
nizations will include 20 non-
governmental and micro loan
fi rms, fi nancing guarantee cor-
porations, pawnshops and 15
privately run banks, stock and
futures companies, insurance
fi rms, vehicle fi nancing enter-
prises and trading companies
of precious metals, gold and
jewelry,” Cai said.
Th e city government attaches
great importance to the fi nan-
cial street, Cai said.
Guangzhou Mayor Chen
Jianhua and Executive Deputy
Mayor Chen Rugui have visited
the site numerous times in the
past weeks to coordinate con-
struction, he said.
Th e city and district govern-
ments are now investing more
than 150 million yuan ($23.8
million) to reconstruct and dec-
orate the old Qilou or arcade-
houses of the financial street
as well as build electricity and
water supplies, fi re protection
and related transportation and
communication facilities.
Th e Guangzhou city govern-
ment has also established the
Guangzhou Financial Street
Management Company to
operate the fi nancial street, Cai
said.
Located in the Changdidam-
alu Road in Guangzhou’s busy
Yuexiu district, the financial
street, situated in the northern
bank of the Pearl River, used to
be a bustling commercial area
and a foreign concession in the
city proper.
The financial street will be
the fi rst that focuses on off ering
fi nancing and money manage-
ment services to the small enter-
prises on the Chinese mainland,
Cai said.
Cai said his office is also
drafting new regulations and
rules to further standardize and
guide the development of the
city’s non-governmental fi nan-
cial and related companies.
Jiang Guoqing, a Guangzhou
businessperson, said the opera-
tion of the city’s fi nancial street
will be good news for the city’s
small companies.
“Affected by the European
debt crisis, many local compa-
nies are experiencing their most
diffi cult period because of a lack
of funds for development and
expansion,” he told China Daily
on Friday.
“The financial street would
certainly help the small, medi-
um- and micro-companies
expand their fundraising chan-
nels and overcome their fi nanc-
ing and development diffi cul-
ties,” he said.
Guangdong has the largest
number of small enterprises
on the Chinese mainland.
Th ese enterprises have played
an important role in local eco-
nomic growth in recent years.
By the end of last year,
Guangdong registered about
450,000 privately-run small,
medium- and micro-sized
enterprises, with an investment
of more than 500 billion yuan.
Th ey employ about 3.8 million
people.
Boost for fund-strapped businesses
FROM PAGE 1
“The Himalayan mas-
tiff s are very loyal and brave
guardians of the Tibetan
people,” he said. “It has been
of great significance in the
culture of the Tibetan people.”
Wang said to better pre-
serve the purebred Himala-
yan mastiff s and regulate the
market, it was necessary for
the country to come up with
a specialized institution, like
the American Kennel Club
in the United States, draft ing
a unifi ed breeding and indus-
trial standard.
“Most of the mastiff asso-
ciations and farms around the
country that mushroomed in
the past few years are simply
for the sake of making profi t,
with varying standards for
dog evaluation,” said Wang.
“We are lagging so far behind
Western countries in preserv-
ing purebred dogs, and prop-
er regulation of the market
would be of great help.”
Wang also said the mastiff
industry could become a new
economic growth opportuni-
ty to local people if well devel-
oped. According to You, who
also owns a mastiff farm in
Beijing, the buyers of mastiff s
are still the country’s afflu-
ent middle and upper classes,
who purchase the dogs as sta-
tus symbols.
“Only those wealthy busi-
nessmen can aff ord a dog this
expensive,” said You. “To have
a huge dog like this is abso-
lutely a sign of identity and
special taste.”
Businessman Guo Jingshu
owns a mastiff .
He said raising a mastiff at
home is diff erent from keep-
ing a Chihuahua, just like
those who drive a Mercedes
are definitely of a different
status from those in a Mini
Cooper.
Liu Xulei, 32, a visitor to the
exhibition from East China’s
Shandong province, as well
as a mastiff lover who owns
three mastiff s, said he was the
poorest of all the mastiff fans
he knows.
“Most of the mastiff owners
I know are wealthy business-
men, either for a symbol of
social status or as a means of
investment,” he said.
Mastiff : Regulations
could protect breed
Nuclear: Fukushima
sent others a warning
GALES HIT
GUANGDONG
PHOTO BY CAO JING /
FOR CHINA DAILY
A tree was uprooted
aft er being hit by
a major gale in
Qingyuan, Guang-
dong province on
Th ursday. Strong
winds, along with
downpours and
hailstorms, have hit
many areas in the
province.
Wenzhou set to unveil
detailed fi nancial plan
By GAO CHANGXIN
in Shanghai
gaochangxin@chinadaily.com.cn
Wenzhou, a city in Zhejiang
province, will release details to
the public about a test project
to reform its fi nancial industry
and is rolling out plans to make
fi nancial services the city’s chief
industry by 2015.
Th e National Business Daily
obtained the news at a meet-
ing that Wenzhou Mayor Chen
Jinbiao led on Th ursday.
The report said the plan
will list 12 main points, an
arrangement reminiscent of
the 12-point decision Premier
Wen Jiabao announced last
week, saying that Wenzhou
will be made into a test zone
for fi nancial reforms.
Th e plan will call for Wen-
zhou to contain at least 30 rural
fi nancial institutions by the end
of 2013. Th ose should include
village banks, rural financial
co-operatives and 100 micro-
credit companies with 40 bil-
lion yuan ($6.35 billion) in
net assets. Th is year alone, the
city is to add 30 micro-credit
companies, which extend very
small loans.
Meanwhile, six private asset
management companies are
to be set up by the end of this
year and a private equity fund,
led by the city government, is
to raise 3 billion yuan by 2015.
Th e plan will also call for a
depository and clearing com-
pany to offer aid in private
fundraising, which is fairly
common in Wenzhou, a city
with a long tradition of entre-
preneurship.
The company will have 6
million yuan in registered
capital and 22 investors, both
individual and institutional.
Wenzhou won Beijing’s
approval on Wednesday for
a landmark project that will
allow residents of the coastal
city to make investments over-
seas and establish loan compa-
nies, among other things.
In bringing private money
into the offi cial banking sys-
tem, Beijing is hoping that
cash-starved small businesses,
which play a large role in sup-
porting employment in China,
will be able to obtain fi nanc-
ing more easily and cheaply.
Premier Wen said earlier this
week that the reforms are
also aimed at breaking the
monopoly enjoyed by State-
owned banks.
Beijing asked