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hsdongda 2024-04-28 08:39:42

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Four people were sentenced to between 15 and 24 months' imprisonment Tuesday in Shanghai for money laundering in the first such case since the anti-money laundering law took effect in January.The Shanghai Hongkou District People's Court sentenced Pan Rumin to two years in jail and fined him 60,000 yuan (,000) for the crime. Accomplices Zhu Suzhen, Li Daming and Gong Yuan were sentenced to between 15 and 16 months in prison and fined 20,000 yuan each.The case was the first in the country to turn on the new anti-money laundering law. Before the law took effect, suspects in money-laundering cases were charged with operating illegal businesses or disordering financial markets.The four parties had collectively laundered more than 1 million yuan by withdrawing money and transferring funds over the Internet, through ATMs and over the counter at bank branches.The Shanghai branch of the Industrial and Commercial Bank of China eventually grew suspicious, and police arrested the suspected launderers in Hongkou on July 24 last year.The authorities have been drawing up legislation to fight money laundering. The National People's Congress Standing Committee passed the new anti-money laundering law in October, last year.

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China will gradually sell its planned 1.55 trillion yuan (3.6 billion) in special domestic bonds to finance its overseas investment agency, a senior central bank official was quoted on Monday as saying. The country's stock market has been hit by the bond issue plan, approved by China's parliament on Friday, as investors feared such a move would suck funds from the market. "The plan will be carried out gradually according to its monetary policy," Yi Gang, assistant governor of the People's Bank of China, told the Shanghai Securities News. Yi reiterated the Finance Ministry's view that the bond issue would have only a neutral impact on the domestic economy, the newspaper said. The Finance Ministry indicated on its Web site on Friday that it would issue the bonds directly to the central bank in exchange for part of the .2 trillion in foreign currency reserves under the central bank's control. No specific timetable was given for the sale of the bonds, but the increase in this year's debt ceiling suggests they will all be issued this year.

China's trade in goods will surpass .1 trillion in 2007, a 20 percent year-on-year increase, the Ministry of Commerce said in a report Thursday. Trade will increase in a fast yet stable manner as China optimizes economic structure, improves efficiency and lowers energy consumption, said the report, which is based on a review of China's foreign trade in 2006 and the first quarter of 2007. China's total import and export volume amounted to .76 trillion in 2006, up 23.8 percent year-on-year. China remains the third-largest country in the world by trade volume, according to the report released by the China Academy of International Trade and Economic Cooperation, a research body under the Ministry of Commerce. The domestic and foreign trade environment and the macro-control policy have contributed to the rapid increase, the report said. The trade surplus continued to grow, reaching 7.5 billion in 2006, according to the report. Exports of machinery and electronic products and hi-tech products increased 28.8 percent and 29 percent respectively in 2006. Imports of primary products reached 7.1 billion, up 26.7 percent, while imports of machinery and electronic products increased faster than the previous year, up 22.1 percent. General trade - imports and exports of goods by enterprises in China with import-export rights - increased at a rate of 26 percent, 5.1 percentage points higher than last year, while the increase of processing trade slowed. Exports of privately owned enterprises surpassed State-owned enterprises for the first time, up 43.6 percent. The trade volume of private enterprises was up by 36.3 percent, while the trade volume of foreign-invested enterprises increased by 23.3 percent, faster than State-owned enterprises. Trade with foreign invested enterprises took in 58.9 percent of the total trade. Trade with the European Union, United States and Japan continued to grow, as did trade with emerging markets, including India, Brazil, and South Africa. Trade volume in the first quarter of 2007 reached to 7.7 billion, up 23.2 percent, while the trade surplus nearly doubled to .4 billion from the same time last year. Trade in goods increased by 27.4 percent from January to April, faster than processing trade. Gov't to raise export taxesChina will raise export taxes by 5 to 10 percent on a range of products, including steel, aiming to slow the country's export boom and ease the country's trade surplus, government sources said yesterday. Beijing also plans to further reduce tax rebates on some exports, including some basic materials and textiles. It would remove import taxes on coal and reduce import taxes on other raw materials, according to officials from three government bodies - the National Development and Reform Commission, the Ministry of Commerce, and the State Administration of Taxation. "The plan has already been established basically," said a source in Beijing, noting that the changes could go into effect as early as June 1. China's exports of steel products hit a record 7.16 tons in April, as mills and traders raced to beat a change in export policy that took effect on April 15. China removed export rebates on most types of steel products while reducing the rebate on more value-added products to 5 percent. A proposal to raise the export taxes on steel billet and other semi-finished products to 20 percent has been discussed since early May, but has not yet been approved by the central government, a source said.

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People in the southern city of Guangzhou appear to be suffering mental problems at ever younger ages as they struggle to adapt to life outside the home and school, a source with the local health authority said.There are currently 43,803 registered cases of mental illness in the city. Up to 40 percent of them are between 16 and 25 years old, according to the Guangzhou health bureau."A decade ago, most people with mental illnesses were between 18 and 30 years old. But now they are five years younger," Zhao Zhenghuan, director of the Guangzhou Brain Hospital, said.Zhao attributed the situation to young people's "relatively poor social adaptability.""Children from single-child families receive a lot of care at home and school, but when they leave home and school, they find it hard to adapt to life. They easily develop mental problems such as anxiety and depression," Zhao said.Pan Jiyang, a psychologist with the first Affiliated Hospital of Jinan University in Guangzhou, Thursday called for "early treatment and mental education" for teenagers who are mentally ill.Not seeking helpPan said some 80 percent of people who suffer from mental illness do not seek help after their conditions are diagnosed."Delayed treatment at the early stage will lead to more serious conditions. Most parents just cannot believe their kids have developed mental problems," Pan said, adding that young mental patients could attempt suicide or commit crimes if they are not treated well.In one case, a 21-year-old student believed to be suffering from a mental illness stabbed six of his classmates at an IT college in Zhuhai, Guangdong Province, last month.To better cope with the situation, the Guangzhou Teenager Service Center, a psychological treatment center affiliated to the Guangzhou Communist Youth League, has employed eight psychological experts.The experts will work with people suffering from mental illness through a hotline (12355).Meanwhile, nearly 100 psychologists will soon be deployed in communities, schools and work units to promote mental health among young people.

BRUSSELS - Javier Solana, European Union top diplomat, expressed here on Thursday his concern over Taiwanese leaders' comments on the Chinese province's application for UN membership."I have noted with concern the comments made by Taiwan's leadership on October 24 concerning Taiwan's application for UN membership under the name of Taiwan," Solana said in a statement."The EU has a substantial interest in peace and stability in East Asia. It has a particular interest in the continued prosperity and security of Taiwan and in the maintenance of peaceful relations across the Taiwan Strait," he said.    The fundamental position of the EU is that the Taiwan question must be solved peacefully through cross-Strait negotiations between all concerned parties."We have concerns about the current policy of Taiwan's authorities to pursue a referendum on the question of UN membership in the name of Taiwan," Solana said, adding "This concern flows from the EU's conviction that both sides of the Strait should refrain from statements or actions which might raise tension across the Strait and which might be perceived as a unilateral change in the status quo."The proposed referendum would risk making it harder for Taiwan to enjoy the pragmatic participation in the activities of specialized multilateral fora, "when there are clear public interests for this and when statehood is not required." he said"I therefore want to encourage both sides to take further initiatives aimed at promoting dialogue, practical cooperation and confidence-building," he concluded.

GENEVA -- China on Tuesday got its first judge on the  World Trade Organization (WTO)'s highest court, six years after the country joined the Geneva-based body.Zhang YuejiaoChinese lawyer Zhang Yuejiao was formally appointed by the WTO Dispute Settlement Body (DSB) as a member of the seven-person Appellate Body, which issues final rulings in trade disputes, WTO sources said.Jennifer Hillman of the United States, Lilia Bautista of the Philippines and Shotaro Oshima of Japan were also appointed as new members of the top court at a DSB meeting on Tuesday.The appointments were made according to the Dispute Settlement Understanding which stipulates that the Appellate Body shall " comprise persons of recognized authority, with demonstrated expertise in law, international trade and the subject matter of the WTO agreements generally," a WTO statement said.The WTO said Hillman and Bautista would formally join the top court next month, while Zhang and Oshima would join in June. They can serve up to two four-year terms.Zhang, 63, is professor of law at Shantou University in China. She is also an arbitrator on China's International Trade and Economic Arbitration Commission and practises law as a private attorney.Zhang once held positions at the Chinese Ministry of Commerce as well as at the Asian Development Bank.

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BEIJING -- Xinhua was authorized on Tuesday to release a signed article by Shi Shan. The full text of the article is as follows:Carrying forward Buddhism or fueling evil cults?-- On the relationship between the 14th ** Lama, Aum Shinrikyo cult and Falun GongThe world has seen rapid development in the scientific civilization of mankind, but the malignant tumor of evil cults is still rampant, plunging innocent people into the depths of suffering. Evil cults such as the Solar Temple Cult of the United States, the Falun Gong of China and the Movement of the Restoration of God's Ten Commandments of Uganda wantonly preach the fallacy of "the End of the World", destroy social stability and jeopardize the lives and property of the public. Such perverse acts have aroused strong indignation of the people and governments of various countries. Many countries have staged a fight against evil cults by enacting legislation and setting up special agencies.Buddhist doctrine advocates good deeds and extrication from the earthly weal and woe. It has also long been viewing evil cults as the "feud of Buddha" and maintaining that "Buddha and demons do not coexist with each other". The 14th ** Lama, who boasts to be a "follower of Buddhism" and "human rights fighter", however not only has no hatred toward evil cults but instead shows a great deal of compassion for them. Isn't it worth pondering the reasons behind this?Let's first start with the Aum Shinrikyo cult of Japan. The cult leader Shoko Asahara claimed that it was "the 14th ** Lama who personally led him into the Mahayana tradition of Buddhism" and that he could shorten the time needed for one to become a Buddha from 2,000-3,000 years to just 10 years, urging people to ditch the ascetic practices advocated by Buddhism and follow his sect tenets to merrily achieve longevity and even to become a Buddha. The 14th ** Lama kept writing certificates or letters of recommendation for Shoko Asahara to the authorities of Tokyo, hailing Shoko Asahara as "a very capable religious teacher" and hoping the authorities would "allow the Aum Shinrikyo Sect to be exempted from tax payments and propagandize its credo. The German weekly Focus reported that without the support of the 14th ** Lama, it would have been absolutely impossible for Shoko Asahara to build up his sect empire and, within a short period of very few years, gain status as a cult leader in Japan. In other words, it is the 14th ** Lama's all-out "support" that turned Shoko Asahara, a swindler and a mountebank, into "a religious teacher".It was because of the 14th ** Lama who persistently supported and trumpeted Shoko Asahara that the Aum Shinrikyo cult could acquire the privilege of "tax exemption" and accumulated funds to bankroll his cruel evil doing against the Japanese people. In the Spring of 1995, Shoko Asahara organized a terrorist attack by discharging poisonous gas in Tokyo's subway, killing 12 people and injuring 5,000 others. The event sparked indignation from the Japanese people. In October of the same year, Shoko Asahara and his die-hard followers stood public trial in a local court of Tokyo and were punished in line with laws.Even at this moment, the 14th ** Lama who claimed to be a "human rights fighter" still spoke plausibly to the Kyodo News Service that Shoko Asahara remained his friend and that he still thought what the Aum Shinrikyo cult preached was in accordance with Buddhist doctrines. It was the support and connivance of the 14th ** Lama who took the foe for his friend that made Asahara feel secure in the knowledge that he had strong backing. The evil cult continued to do evils under the guise of constantly changed names and leaders. Eventually in 1999, the Japanese Senate completed the legislative procedures against evil cults including the Aum Shinrikyo. The Tokyo authorities also took a number of measures to crack down on the leaders of the evil cult.Why would the 14th ** Lama openly violate the teachings of Sakyamuni that urge his followers to get rid of demons and uphold truth and laws to favor Aum Shinrikyo? Why would he flout the tenets of Buddhism urging the masses not to do evils but to do good deeds? The 14th ** Lama had confessed in a letter to the cult, appreciating the Aum Shinrikyo Sect for its "generous donation to our Buddhist collective in exile". Aha, it turned out to be that the "leader" even bartered away the sacred tenet of Buddhism as a cheap bargaining chip in money deals.It is the 14th ** Lama's own deeds that have step by step betrayed his real intentions and political ambitions put under the guise of Buddhism and peace. A weekly newspaper in Manila commented it was a pity that the 14th ** Lama wore the cassock of a Lama but played political tricks, spoke of the pursuit of freedom through peaceful means but harbored in mind the vain attempt of restoring the past feudal rule of Lamaism. Even catholic senator P. Santorum of the United States couldn't help exclaiming that such conduct reflected a subdued religious sentiment. He held that to establish a society respecting life, cracking down upon crimes and promoting dignity of mankind, efforts must be made to prevent religion from being individualized. It appears that many people of insight across the world have recognized the tricks of the 14th ** Lama in using Tibetan Buddhism to engage in political activities and have stayed on high alert to and repulsed the deed of the ** Lama.Let's now have a look at the 14th ** Lama's attitude toward China's evil cult Falun Gong. Cult leader Li Hongzhi of Falun Gong took religion as pretence, trampled upon religious doctrines and thus invited indignation, reprimands and stern objections from the religious circles. They said that Li Hongzhi had blasphemed Buddhism by fabricating his birthday from July 1952 to May 13, 1951, the date on which Sakyamuni was believed to be born. His attempt to pass himself as the reincarnation of Sakyamuni and his bragging about getting true knowledge from Sakyamuni and thus being more powerful than Sakyamuni was "an extreme blasphemy to Buddhism", they said. However, even such an evil cult leader who is denounced by many people and had to flee abroad to escape the punishment of laws secured compassion and admiration from the 14th ** Lama. The latter first dispatched his representative to comfort Li Hongzhi and then sent over his representatives to conspire with Li and staged various farces at the time when the 56th World Human Rights Conference was held in Geneva, stopping at nothing to spread lies and rumors and to trumpet anti-China bills.As one Chinese saying goes: Birds of a feather flock together. The real reasons for the collusion of the 14th ** Lama and Li Hongzhi are their shared situation. They are both in exile after their illegal acts to subvert the Chinese government and the Chinese people ended in constant failures under the august Chinese Constitution and laws; Shared nature--They are both not resigned to failures and attempt to hoodwink and manipulate their few domestic followers to carry on making turbulence and to hold back the rejuvenation of the Chinese nation; Shared intention--They are both hostile to their motherland and regard the 1.3 million Chinese as enemies, dreaming a pipe dream of returning to China, with the support of their masters, to materialize their evil objective of splitting China. Imagine the 14th ** Lama, the self-proclaimed "religious leader", even condescended to associate with Li Hongzhi who has been labeled by the United International World Buddhism Association Headquarters as a preacher of evil cult and a swindler! This obviously reflects that the 14th ** Lama has cornered himself into a dead end!

Major travel agencies had cut prices of domestic group tours by an average 30 percent as of yesterday, as the weeklong National Day holiday approaches its conclusion.The discount trips cover some top attractions, including Jiuzhaigou in Sichuan Province, Lijiang in Yunnan Province, Zhangjiajie in Hunan Province and some spots in the Xinjiang Uygur Autonomous Region.Costs for outbound tours have also been cut.The prices of tours to Japan and the Republic of Korea have fallen by as much as 1,000 yuan (3), according to www.ctrip.com, a travel service company.The country's tourism market saw a peak yesterday, the National Holiday Office said in a statement.More than 90 percent of the hotel rooms in most tourist destinations were booked, the statement said.The office said the 119 scenic spots in its nationwide monitoring system had received 3.28 million tourists on Wednesday and 3.07 million yesterday.Beijing's mass transit railway system carried 3.74 million people during the first two days of the weeklong holiday, according to municipal metro authorities.The number was almost double the amount on a normal day.An official with the Beijing environmental sanitation group said tourists had left about a third of the garbage at Tian'anmen Square each day that they did last year.Sanitation workers cleared 26.6 tons of garbage from the square in the first two days of the holiday, compared with 80 tons last year.

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