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BEIJING, Aug. 15 (Xinhua) -- China's securities supervisor said on Friday that the heavy slump on the country's equities market was caused by a combination of factors, both domestic and foreign.     These included a need for internal correction, increasing uncertainties on the global markets and frequent natural disasters, China Securities Regulatory Commission (CSRC) spokesman said at a press conference.     The unsound mechanism and structure of the country's equities market worsened the situation and widened the range of the correction, he said.     The benchmark Shanghai Composite Index edged up 0.56 percent to 2,450.61 points on Friday, closing out the week slightly higher after five days of losses. The key index has tumbled nearly 60 percent from its peak in October.     However, the trend of a steady and healthy performance would remain unchanged, he said, as the country's economy maintained steady and fast growth.     CSRC would study the emerging problems, promote the improvement of basic systems and optimize the structure of fund raising, he said.     CSRC would also adjust new share supply in line with market demand, enhancing the market mechanism in regulation.     The commission has slowed new share issues this year in an effort to brake the steep index declines as any mention of new share offering would cause a sharp plunge in the index.     From January to July, CSRC only approved the new offering (at least 100 million shares) of four companies, which raised a combined 64.32 billion yuan (9.38 billion U.S. dollars). Both the frequency and amount decreased, by 64 percent and 49 percent respectively, compared with the same 2007 period.     The commission would join with the State-owned Assets Supervision and Administration Commission to set up a real-time monitoring system to supervise transfer of the state-owned shares.

NAIROBI, Sept. 18 (Xinhua) -- Armed Somali pirates hijacked Wednesday a Hong Kong bulk carrier with 25 crew members, 24 of them Chinese, off the Somali coast, the Chinese embassy in Nairob confirmed.     The bulk carrier owned by Sinotrans of Hong Kong was en route from Tunisia to Pipavav, India when it was hijacked off the eastern coast of Somalia, the 14th of such seizure by the pirates in the past two months, said Andrew Mwangura, an coordinator of the East Africa Seafarers Assistance Program (SAP).     Besides the 24 Chinese, a Sri Lankan captain was also on board the vessel that was captured, Mwangura told Xinhua by telephone.     The carrier was the second Hong Kong ship hijacked this week in the region. A Hong Kong-registered carrier was hijacked on Monday near the Somali coast with 22 crew on board. None of them were Chinese citizens.     Somalia's 3,300-kilometer coastline is considered by the International Maritime Bureau one of the world's most dangerous stretches of waters due to piracy as the Horn of Africa remains plagued by factional fighting since 1991.     Over 30 foreign ships have been captured by pirates near the Somali coast this year and more than 10 of them remain in the hands of pirates

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BEIJING, Sept. 1 (Xinhua) -- Along with more than 3,000 teachers and students, Premier Wen Jiabao attended the opening of a temporary middle school in southwest China's quake zone as the new semester started on Monday.     Beichuan Middle School was among the hardest-hit schools in the May 12 earthquake. Wen visited students and teachers at the school three times prior to the Monday event. Chinese Premier Wen Jiabao (R front) attends the opening of the temporary site of Beichuan Middle School located in the courtyard of the Changhong training center in Mianyang, China's quake-hit Sichuan Province, Sept. 1, 2008. A new semester started on Monday. Following the flag raising and national anthem, Wen said: "Students and teachers, it's been exactly 110 days since the May 12 earthquake. Beichuan survives, and the Beichuan Middle School survives. We stand on our own feet, tough and unafraid.     "The quake brought considerable misfortunes, and it brought experience and strength, too. Now we know one thing, and it's that as long as we choose to confront adversity with courage, we will surely overcome any disaster.     "As we hold this ceremony, we can never forget the students and teachers who died in the disaster ... I hope all of you at the school will win respect and pride with hard work and tough spirits. I believe you can do it." The temporary Beichuan Middle School is located in the courtyard of the Changhong training center in Sichuan's Mianyang City. Chinese Premier Wen Jiabao (4th L) attends the opening of the temporary site of Beichuan Middle School located in the courtyard of the Changhong training center in Mianyang, China's quake-hit Sichuan Province, Sept. 1, 2008    Upon departure, Wen told teacher Li Jun to give his best regards to those of Li's students who took this year's college entrance exams in tents. Among the 69 students in Li's class, more than 50 went to college.     The May 12 earthquake killed more than 69,000 people with nearly 18,000 still missing. Chinese Premier Wen Jiabao (L front) attends the opening of the temporary site of Beichuan Middle School located in the courtyard of the Changhong training center in Mianyang, China's quake-hit Sichuan Province, Sept. 1, 2008Meanwhile, a 6.1-magnitude tremor on Saturday forced the suspension of classes at some primary and middle schools in Sichuan and neighboring Yunnan Province. At least 40 people were killed.     The municipal government of hard-hit Panzhihua City, Sichuan announced on Monday that schools and kindergartens would not open for another week

Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress, visits a pasture during his investigation of local stockbreeding and eco-agriculture at Mengzhai Village of Qinglong County, southwest China's Guizhou Province, May 7, 2008. Wu made an inspection tour in Guizhou on May 6-9.     GUIYANG, May 9 (Xinhua) -- China's top legislator Wu Bangguo made a visit to southwest China's Guizhou Province, during which he praised the snow-hit province's reconstruction progress, talked to farmers in the fields and gave directions on local development.     During his visit from May 6 to 9, Wu, Chairman of the Standing Committee of the National People's Congress (NPC), China's top legislature, urged both the government leaders in Guizhou and local people to work hard and promote sound and rapid economic and social development.     Wu went to field ridges, vegetable greenhouses, coal mines and power plants, spent his time chatting with farmers and workers.     Wu expressed his concerns over the disaster-hit areas, and asked relevant departments to see to the living conditions of those affected by the winter snow and harvest of the crops.     He said transportation is one of the major issues that stagnate the development of the province and priority should be given to the development of transportation network.     During his trip to Mengzhai village, 200 kilometers away from provincial capital Guiyang, Wu inspected local environmental-friendly projects.     Wu said efforts should be made to increase farmers' income.     He also stressed the importance of training more talents and bringing in more enterprises to enhance the vitality of local economy.     To promote education and environmental-friendly projects is conducive to long-term sustainable development for Guizhou, said Wu.

BEIJING, August 1 (Xinhua) -- A senior Party official has called for constantly strengthening the entire capacity and competitiveness of China's film and television industry, so as to push the country's film and TV products to the world.     Great efforts must be made to innovate the sector, regarding both content and the form of film and TV works, the structure and mechanism of the industry, and the means of spreading film and TV works, said Li Changchun, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau. Li Changchun (C), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits the newly completed China Film Group Digital Film Production Base in Beijing, capital of China, Aug. 1, 2008.    Li made the remarks on Friday during a visit to the newly-built national digital studio. He was accompanied by Politburo members Liu Yunshan and Liu Yandong during his stay at the National Digital Studio of the China Film Group Company.     During his visit, Li visited a 5,000-square-meter sound stage and watched presentations on the making of digital films. Li Changchun (2nd L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits the newly completed China Film Group Digital Film Production Base in Beijing, capital of China, Aug. 1, 2008. In talks with some staff he spoke highly of the modern studio, calling its completion a result of the country's cultural restructuring and an important symbol for the development of the cultural sector.     "It proves the Party Central Committee's decision on the cultural restructuring is completely correct," he stressed.     Li urged Chinese film and TV makers to produce more film and TV works for both domestic and international markets, noting homemade products should take a larger share of the domestic market and be more competitive on the international market.     He called for educating more talented professionals for China's film and TV industry. People of all circles should show their care and support to the development of the sector, he said.     According to company sources, it took 2.5 years to build the digital studio. It is composed of different workshops for making films and TV programs, recording, digital processing, film printing and making flash and cartoon films.

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BEIJING, April 7 (Xinhua) -- Chinese Premier Wen Jiabao said here on Monday the free trade agreement signed between China and New Zealand was of importance and profound significance.     Wen told New Zealand Prime Minister Helen Clark in their talks that the signing of the free trade accord "explored broad prospects for deepening mutually beneficial cooperation between the two countries". He added the China-New Zealand ties were faced with important new development opportunity.     The two reached consensus to push the China-New Zealand comprehensive, friendly and cooperative relations to a new high.     Wen hailed the vigorous development of China-New Zealand relations in recent years, saying the practical cooperation in every area had made constant breakthroughs, bringing real benefits to the two peoples. Chinese Premier Wen Jiabao meets New Zealand Prime Minister Helen Clark in Beijing on April 7, 2008. The two attended the signing ceremony of the free trade agreement and respectively delivered speeches    He noted the two nations shared broad common interests in promoting peace, stability and prosperity in the Asia-Pacific region. Wen pledged China was ready to implement the annual meeting mechanism between the leaders of the two countries, strengthen consultation at all levels and consolidate the political basis for the bilateral relations.     Wen suggested the two sides make full use of complementary advantages in sustainable development areas, such as climate change, energy saving, environmental protection and low-carbon economy, foster new growing points in trade and economic cooperation, expand cooperation on culture, education, science, technology and justice, and increase communication and coordination on important international and regional issues.     Clark said since China was an important cooperation partner, New Zealand attached great importance to the bilateral relations from a strategic level. "New Zealand explicitly sticks to the one-China policy, advocates to enhance contact and cooperation with China and supports China in its efforts to play an active role in the world," she said.     On the FTA deal, Clark said New Zealand and the country's business circle would firmly support and earnestly carry out the agreement.     She added New Zealand was ready to maintain high-level exchanges with China, step up exchanges and cooperation in the spheres of goods, service trade, agriculture, stock-breeding, energy saving, environmental protection, culture and education, and increase consultation and cooperation between the two countries in the United Nations and the Asia-Pacific Economic Cooperation.     After the talks, the two attended the signing ceremony of the free trade agreement and respectively delivered speeches.

BEIJING, May 4 (Xinhua) -- Chinese Premier Wen Jiabao urged Chinese law students to be fair-minded and patriotic in future law enforcement here on Sunday.     A law student should develop a high degree of sense of responsibility for the country, the society and the people. He or she should be fair-minded and above all, love this country, said Wen during his visit to the China University of Political Science and Law on China's Youth Day.     During his trip, Wen first went to the first floor of the university's library, which boasts the country's largest collection of modern law books. Here Wen met senior experts and professors and talked with them about the law history.     "We will better implement the policy of 'administration according to Law'", said Wen, when receiving a collection of law history books from professor Zhang Jinfan, who spent 19 years with some 10 professors to compile these books.     Wen then stepped into the second floor of the library, where he joined the students in the reading room and exchanged views on legal system building.     When asked by Wang Tuo, a PhD candidate majoring in Criminal Law, about his expectations for the concept of "Ruling the Country by Law", Wen said the concept served as a basis for developing economy and maintaining social harmony     To promote democracy, improve the legal system, and rule the country by law is not only a national strategy, but also serves to safeguard the personal rights and freedom of every citizen, he said. Chinese Premier Wen Jiabao (L) has lunch with students in the dining hall of China University of Political Science and Law in Beijing, capital of China, May 4. When asked to comment on the link between people's livelihood and the concept of "Ruling the Country by Law", the Premier said that only when policies addressing issues of people's livelihood were stipulated into law, could people enjoy the benefits of these policies for a long term.     Wen then walked into the dormitories and chatted with the students.     "I learnt things that are not taught in classrooms. The Premier knows so much about law and puts such strong emphasis on law, I will study hard and make my contributions to the country," said postgraduate Chen Xuemeng.     Around 12 o'clock, Wen walked into the school's cafeteria and had lunch with the students.     The Premier expressed his concern over the recent price rise, and asked the students if they could afford the daily food and whether the scholarship could help them solve their difficulties.     To make sure that the college students' living standards are not influenced by the price rise, the government has allocated 20 yuan of subsidy per month for each college student, with those from very poor families receiving 40 yuan each per month, Wen said.     At 12:30, the premier left the campus as large crowds of students waved goodbye.     "The Premier's visit makes this Youth Day special and meaningful," said student Yang Kunzhang, "The premier's expectations direct the way of our future efforts".Chinese Premier Wen Jiabao (L) shakes hands with students of China University of Political Science and Law in Beijing, capital of China, May 4, 2008. Wen spent the May 4 Youth Day of China at the university on Sunday at the invitation of students of the university

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TAIYUAN, Oct. 2 (Xinhua) -- Vice Premier Zhang Dejiang underscored the scientific outlook on development and production safety during an inspection tour to northern Shanxi Province on Wednesday and Thursday.     Zhang visited the site of the Sept. 8 landslide in Xiangfen County on Thursday morning, where an unlicensed iron ore tailings pond burst and killed at least 262 people.     "The September 8 landslide was a very serious production safety incident, causing great losses, having a bad impact and leaving a deep lesson," he said.     The vice premier said a thorough investigation into the cause of the incident should be conducted and that those responsible for it should be punished seriously in accordance with law.     A lesson should be drawn from the incident and people should be put first, he stressed, adding that more efforts should be exerted to crack down on unlicensed production and corruption behind production safety incidents.     He also demanded local authorities have a scientific outlook on development.     Production safety should be strengthened through more investment, scientific and technological progress and better management, the vice premier said.