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nullnull Horizon Politics economy Education Life Sports Hu named most Cautious monetary Pre-school education Lend me your Golfers gather in powerful person policy urged high on ears Shanghai for government agenda WGC-HSBC page 1 page 2 page 3 page 4 page 5 nullPoliticsBEIJING - Forbes magazine has named President Hu Jintao as the world's most powerful person, a move that analysts say shows global acknowledgement of China's contribution to the world's economic recovery. United States President Barack Obama slipped to second place on the annual list. Obama had previously been considered the world's most Hu named most powerful person By Qin Jize (China Daily) Updated: 2010-11-06 11:13powerful person but his party's defeat in the midterm elections may have had some influence on the latest rankings. China's peaceful rise on the world stage is also likely to have been a decisive factor. Analysts said China's burgeoning economy might have tipped the scales in Hu's favor. Related readings: China's premier to address the UN at summit Updated: 2010-09-15 13:45 Premier Wen Jiabaowill discuss a number of important issues during two United Nations confe- rences to be held in New York fromSept 21-23, the Foreign Ministry announced on Tuesday. Wen will address the UN meeting on the Millennium Development Goals (MDGs), and the general debate of the 65th session of the UN General Assembly, assistant Foreign Minister Liu Zhenmin said during a news briefing. This is the third consecutive year that top Chinese officials have made headline appearances at major UN conferences. A series of important bilateral talks will also be held-including meetings with US Presi- Dent Barack Obama and UN Secretary- General Ban Ki-moon. China, France ink massive deals amid Hu's visit By Wu Jiao, Li Xiaokun (China Daily) Updated: 2010-11-06 07:55 PARIS/BEIJING - China and France inked their biggest ever deals on the first day of President Hu Jintao's visit, right after the nations' leaders pledged to cooperate closely as Paris prepares to take over the G20 presidency.1.China France pledge to strengthen ties. 2.Rural land disputes lead unrest in China. 3.16th Asian games in Guangzhou 4.State visit generates massive deals 5. Fed's QE2 poses challenges to ChinanullChina should shift its monetary policy toward a "cautious" stance to combat high inflationary pressure and the risk of asset bubbles, central bank advisor Li Dao kui said on Tuesday. "Once thee co no mic downturn is contained and growth stabilizes, China should consider shifting from the current moderately loose monetary stance to a prudent or even cautious one," Li said at a financial forum in Beijing. His comments come at a time Economics Cautious monetary policy urged when the market Is speculating that the central bank may further tighten its monetary policy by raising interest rates once more before the end of the year to curb inflation and asset bubbles. The central bank said a monetary policyreport released on. Tuesday that uncertainties about price trends were increasing and I willim prove liquid tymanageme nt to ensure appropriate bank credit growth Li echoed the central bank's stance and warned that the biggest risk in China's economy is fast-rising asset prices caused by the massive amount of liquidity in the economy which could lead to systemic financial risks. China's money supply is already the largest globally," he said. "Such a massive amount of liquidity could inevitably lead to asset bubbles and damage the health of the country's financial institutions." China's broad measure of money supply, M2, rose 19 percent in September from a year earlier to 69.64 trillion yuan ($10.42 trillion), more than double the 2009 GDP of 34.05 trillion yuan. Exporting factories to climb ladder Branded goods and value-added products are selling better than their cheaper counterparts at the Canton Fair, a strong indication that China's battered exporters have to climb the value ladder to survive. Liu Jianjun, a Canton Fair spokesman, said enterprises with independent intellectual property rights and their own brands, were better represented this year than in previous years, with their products priced 20-30 percent higher than their traditional rivals. Liu We nge, a professor at the Central University of Finance and Economics in Beijing, said China's manufacturers are making the transformation from low-value producers to makers with independent research and development capabilities .Recent research in Guangdong province in South China, one of the country's manufacturing hubs, showed that upgraded enterprises making their own brands have profit margins 15 percent higher than those that did not. Zhao Zhongxiu, from the University of International Business and Economics in Beijing, said the structure of China's manufacturing industry is changing, "although it still largely depends on the global market".Tiffany Expands in China Tiffany & Co, the US jeweler, aims to open more stores in China on the back of rampant demand. "China will rapidly become the place where we will have the greatest number of new stores. Within the next three years, the number will stand between 25 and 30," Michael J. Kowalski, chairman of Tiffany & Co, told China Daily. Hua xia Bank gets board approval for $3b placement Hua xia Bank Co, which is partly owned by Deutsche Bank AG, got board approval to raise up to 20.8 billion yu an ($3.04 billion) through private placement, the lender said in a statement Monday .The bank announced a private placement plan on May 5 to issue 1.86 billion A-shares at 11.17 yu an per share in order to boost its capital base.nullChina to battle school enrollment disorder Updated: 2010-11-02 06:52 BEIJING - China has enacted 10 measures to prohibit better than average primary schools and junior high schools from charging "enrollment fees," or selling enrollment quotas, according to a statement posted on the website of the Ministry of Education on Monday. The statement reads, due to the difference in quality among schools, and a shortfall of excellent schools as compared to actual demand, the problem of "enrollment fees" has been reported, particularly in big cities. This is a particular problem in China, where parents pay to secure seats for their children in key schools if their children do not score high enough on entrance exams. The measures include forbidding schools from selling extra enrollment quotas in whatever names or methods, obliging schools to publicly disclose enrollment information, improving sub-quality schools, supporting private schools to enrich superior education resources, carrying out supervision and other regulations. Pre-school education high on government agenda Updated: 2010-11-03 09:32 BEIJING -- Chinese Premier Wen Jiabao stressed the importance of developing pre-school education during an inspection to two kindergartens in downtown Beijing on Nov 2. Wen made the field inspection prior to the State Council hosting a conference on pre-school education policy, which had not yet been scheduled. Wen said, the government should increase investment in pre-school education, and save enough space for kindergartens in urban planning schemes, in a bid to narrow the shortfall of kindergartens. Wen added that, apart from infrastructures, attention should also be paid to pre-school teachers, including raising their salaries and social status and training more teachers to qualify for the job. Wen also encouraged private investment in kindergartens, saying public and private kindergartens would have equal access to the same government policies. Wen urged private kindergartens to guarantee teachers' welfare and pensions after retirement. Soaring kindergarten fees and shrinking access have become top concerns for parents with pre-school children in big cities such as Beijing, as the cities' population growth has outpaced the development of kindergartens. In Beijing, a city with a population of more than 17 million, the number of kindergartens has dropped from 3,056 in 1996 to the current 1,266, according to the Municipal Commission of Education. The problem of the shortfall in kindergartens goes back to 2000, when the government reformed the pre-school education sector, requiring many kindergartens to become commercial businesses. Hopefuls undergo Yuju Opera training (Updated: 2010-11-06 16:58 A teacher watches as students exercise at a Yuju Opera training center in Zhengzhou, Central China's Henan province, Nov 5, 2010. The center has about 500 students from all over China receiving training in body gestures, singing, musical instruments, and skills necessary for Yuju Opera, one of the most popular styles of opera in China. A woman quit her job to help her daughter learn Yuju Opera, saying that ”It’s better to learn some skills, rather than knowledge, and even university graduates are having difficulties finding jobs.” China allocates 57b yuan for education Updated: 2010-11-03 08:31 BEIJING - China's Ministry of Finance announced Tuesday it would allocate 56.63 billion yuan ($8.46 billion) from the central government budget to support nine-year compulsory education in the country's rural areas in 2011. In a break down, 12.94 billion yuan would be used for textbook purchases, 33.53 billion yuan for schools' general expenses, and 5.87 billion yuan for allowances to students in boarding schools from poor families in the central and western regions. Meanwhile, 4.29 billion yuan would be allocated for the renovation of classrooms and dormitories in these less developed regions, a statement on the ministry's website said. More funds are expected to be allocated after approval next year by the National People's Congress, China's top legislature, the statement said. According to China's Compulsory Education Law, Chinese children are entitled to nine years of free education, covering primary and junior high schools. A white paper released in September by the Chinese government showed that by the end of 2009, about 99.7 percent of the nation's school-age population had access to nine-year education, and 99.5 percent of all counties offered nine-year compulsory education. Education & Culturenull LifeLend me your ears By Chen Yingying (China Daily) Updated: 2010-11-16 09:45 Both rural and urban adolescents, left behind or alone by their fortune-seeking parents find solace in "Caring Sister". Chen Yingying from China Features reports He Xin'ao, 9, has difficulty falling asleep at night. He often thinks about his father and worries about his studies and exams. "I miss my dad. We live together, but I seldom see him," complains the third grader from Zhangjiakou, Hebei province. The boy's father, He Qinsong, a civil servant, is often off to work before Xin'ao gets up, and returns only after the boy has fallen asleep."I leave notes for him or ask mom to text him and tell him how much I want him to spend time with me. Sometimes, dad has to work even at the weekends." The boy spends most of his time with his mother. But, he says, "my mom is a math and Chinese teacher. She is so busy checking her students' assignments that we barely talk to each other". Most of the time, he plays and reads by himself. "I feel lonely, looking at the sky at night, hoping my dad will come home earlier, hoping someday we can play games or football," he says. Sometimes he asks his grandpa to take him out. "One day, we spent a whole afternoon riding buses all over town. It was boring, but at least I didn't feel lonely." He Xin'ao is one of numerous lonely Chinese children longing for a companion, someone who will be a good listener. While 49.53 percent were willing to talk to their peers, only 26.73 percent said they wanted to talk to their parents.China's box office rising to number 2 By Liu Wei (China Daily) The nation will soon become the world's second largest film market, says a local film mogul. "The box office gross of 2010 will reach a record 10 billion yuan ($1.47 billion)," according to Han Sanping, chairman of the state-owned China Film Group. He was speaking at a press conference ahead of the release of the blockbuster Let the Bullets Fly, on Dec 16. "It ranks sixth in the world now and will be next only to the United States in 2011," Han says He points out that three new screens have been added every day in Chinain 2010 and in 2011 the total number of screens is expected to stand at around 8,000. "While the theaters, screens and viewers are seeing rapid growth, the price of tickets has been falling," he says. Han also anticipates that in 2011 China will see films that are able to rake in more than 100 million yuan a day. In December, three blockbusters including Bullets will hit the screens, Han says.Going for a smoke? Don't forget to clock out Workers at a district council in eastern England must now clock off and back on if they take a cigarette break. Staff at Breckland Council in the eastern English county of Norfolk will no longer be paid for time spent smoking after proposals agreed earlier this year came into force on Monday. Council leader William Nunn said the policy formalized an agreement madein consultation with staff. "Our flexible working system allows smokers to take smoking breaks without affecting the amount of time spent working and this brings fairness for all," Nunn said in a statement e-mailed to Reuters on Monday. Breckland Council said staff have viewed the new smoking breaks policy positively, although there has been no one employed to make certain it was enforced. Smokers' lobby group Forest said everyone was entitled to a break during work and described the plan as "tyrannical," the BBC reported. "Many smokers believe having the occasional cigarette allows them to refocus," a Forest spokesman told the BBC. Staff work at the council to a "flexitime system" which means they take breaks at different times and if they go out to buy a sandwich they clock in and out by swiping their cards. The new smoking policy is permanent but will be reviewed in six months, the council said. Lu Xun Award stirs debate about criteria By Mei Jia This year's prestigious Lu Xun Literature Award, the fifth since being initiated in 1986, has triggered much debate about the quality of literary creations and the criteria used to select the winners. Che Yangao, a member of the Wuhan municipal committee and secretary of the city's discipline and inspection committee, caused a stir online when he won the award in the poetry category. Netizens questioned not just the literary quality of Che's poems, especially the ones dedicated to some mainland actresses, but also the integrity of the jury. Che's poems have since been called "lamb (yanggao) style", in an obvious reference to Che's name while also drawing a parallel between the naive animal and what are dubbed his "nonsensical, conversation-like lyrics". The Chinese Writers' Association, which gave out the award, insisted Che deserved the award. "Che wins for Longing for Warmth. The collection meets the standards the award demands," it said in a statement. The actresses-themed poems are not part of the winning collection. Che has studiously avoided being drawn into a discussion about the quality of the poems, calling them literary experiments. "All my poems are the natural expression of my emotions," he told The Beijing News. Meanwhile Liu Xuelan, of the Chinese Academy of Social Sciences and the award's judge for translations, explained the unexpected absence of a winning work in this category. "It highlights a long-existing fact: The quality of translations is going down," Liu said, attributing this to the profit-driven rush to complete translations on the part of publishers and translators, as well as insufficient rewards for translators, both financially and academically. "However, it also shows that the Lu Xun Award will not compromise on quality," she added. She suggested setting up a government-funded Translation Foundation to facilitate quality translations. She said she hoped readers'nullEnriching your life sportsMascots, emblem for 2014 Incheon Asian Games unveiled The official mascots for the 2014 Incheon Asian Games, (From L to R) seal siblings named "Barame", "Chumuro" and "Vichuon". [Photo/Xinhua] The official mascots for the 2014 Incheon Asian Games, (From L to R) seal siblings named "Barame", "Chumuro" and "Vichuon". [Photo/Xinhua] SEOUL - Three cartoon images, with prototypes for harbor seals from Baengnyeong island off west coast of the Korean Peninsula, were chosen as the mascots for the 2014 Incheon Asian Games, the organizing committee announced on Thursday. Three seal siblings were named after "Barame", "Chumuro" and "Vichuon", meaning wind, dance and light, in accordance with the theme of the main venue of the Incheon Asian Games, the committee said at the unveiling ceremony held in Songdo island, Incheon. The committee hopes that harbor seals, one kind of rare animals in South Korea, which travel between the two sides of the divided Korean Peninsula freely, will be a symbol for the future peace between South Korea and the Democratic People's Republic of Korea, Lee Yun-taek, the president of the committee told reporters. The committee also disclosed the games' official emblem, which depicts a huge wing consisting of a string of "A", the first letter of "Asia", with a shining sun at its upper left, symbolizing the Asian people holding hands in the sky. Taking the upcoming Guangzhou Asian Game, slated on Nov 12-27, as an opportunity, the 2014 Incheon Asian Games' organizing committee is planning to beef up its promotion efforts by disclosing the mascots and emblem, according to local media.2014 Asian Games bid  Incheon wins bid to host Asian Games  Asian Games :  S. Korea's Incheon wins mascots become children's art  Mascots for 3rd Asian Beach Games unveiled Related readingsGolfers gather in Shanghai for WGC-HSBC tournament Golfers Tiger Woods (L) and Phil Mickelson (2nd L) of the US, Martin Kaymer (2nd R) of Germany and Lee Westwood of Britain watch a martial arts performance during a promotional event for the upcoming HSBC golf tournament, on the riverbank in Shanghai Nov 2, 2010. The tournament starts in Shanghai on Thursday. Le Yangyang ubiquitous in GuanghzouA Xiang, one of the 16th Asian Games mascots, is seen on a street poster in Guangzhou, the host city of the Games on November 7, 2010. The Games will kick off on November 12 Two golds for China on final day of Gymnastics Worlds ROTTERDAM, the Netherlands - China had a successful final day of the Artistic Gymnastics World Championships on Sunday in Rotterdam. Feng Zhe won gold on parallel bars and Zhang Chenglong did the same on horizontal bar.Feng Zhe got 15.966 points and stayed ahead of his compatriot Teng Haibin (15.616). He succeeded another Chinese, Wang Guanying, who finished before him last year in London. On the women's side, The 19-year-old gymnast scored 14.822 points and Mustafina and Romanian Diana Chelaru shared the second place with 14.766.Romania's Ana Porgras succeeded Deng Linlin of China as the new world champion on beam. The 16-year-old gymnast kept her nerves under control and well deserved the highest total of 15.366 points. China's defending champion Deng scored 15.233 points and shared the second place wit