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BEIJING, Jan. 21 (Xinhua) -- Chinese Premier Wen Jiabao and visiting Austrian President Heinz Fischer shared jokes and old photos as they met Thursday evening for expanded dialogue and cooperation between the two countries.In a relaxed atmosphere, Wen and Fischer exchanged hugs in front of Chinese and international media members in a well decorated compound in the the Diaoyutai State Guest House. Austrian President Heinz Fischer (L) shows Chinese Premier Wen Jiabao his working diary 22-year-ago when he received Wen's visit in Vienna during their meeting in Beijing, capital of China, Jan. 21, 2010"This place is more than 200 years old," Wen told Fischer."It's really beautiful," the President responded.Upon entering the meeting room, Wen skipped the diplomatic formality by announcing, in the presence of the media, that he had kept some "proof" of the long-standing friendship with Fischer. Chinese Premier Wen Jiabao (R) shakes hands with Austrian President Heinz Fischer in Beijing, capital of China, Jan. 21, 2010.To the total amazement of the Austrian guests, Wen produced an old photo that he and Fischer took together some 22 years ago when they had beer in Vienna."Where did you find it?" Fischer said. "We were 22 years younger then.""Yes, you were very young at that time," Wen replied in good humor. Chinese Premier Wen Jiabao (R) presents the group photo of his visit in Vienna 22 years ago to Austrian President Heinz Fischer in Beijing, capital of China, Jan. 21, 2010The caption of the photo reads: Wen Jiabao, then alternate member of the Secretariat of the Communist Party of China (CPC) Central Committee and concurrently director of the General Office of the CPC Central Committee, meets in Vienna, Austria in 1988 with Heinz Fischer, then president the Parliamentary Group of the Socialist Party of Austria."I think our meeting was in December then?" Fischer suggested."It's December 5," Wen came up with an affirmative comment."Then, Mr. Premier, I will have some proof for you, too," Fischer said as he fetched for a calendar of 1988.Fischer turned to the page of December 5 and read: "Receiving Chinese delegation at 10:00 AM, lunching with Chinese delegation at 12:30 PM and dining with Chinese delegation at 7:00 PM.""But you forgot to note down one point," Wen dropped in. "We had beer at ten that evening.""We should never let anybody else know we do after ten," Fischer joked back.The media persons were amused by the exchange of jokes and shared laughter with the two senior statesmen.China and Austria have maintained frequent exchange of visits between their leaders. During the current state visit to China, President Fischer has held talks with Chinese President Hu Jintao and witnessed the signing of a number of bilateral agreements. He also met with top Chinese legislator Wu Bangguo Thursday afternoon.This was the first visit that Fischer paid to China since he became President.In another move to share his memory with Premier Wen, Fischer presented Wen with a photo he took in China back in 1977, when the country had just ended the decade-long chaos of the so-called "Cultural Revolution.""You are an old friend of the Chinese people," Wen told Fischer. "You are one of the statesmen who win my admiration.""Since we have been able to exchange views in a candid way since 22 years ago, I hope we contribute greater effort to advancing China-Austria and China-Europe relations," Wen said.Fischer said the two countries shared broad common interests and views on a lot of issues. He said further advancing bilateral links would serve the fundamental interests of both countries.Wen said the two countries respected each other and worked to expand dialogues between different civilizations. He said this common ground was of great significance to enhancing mutual trust and understanding between China and Europe and promoting international cooperation against various challenges.Wen said the relations between China and Austria went beyond the bilateral framework and took on a broad prospect.Wen said China would like to work with Austria to elevate dialogues and cooperation in various fields on an equal and mutually beneficial footing, and to push forward bilateral links and China-Europe relations in a sound and steady way, so as to promote harmony and sustainable growth of the world.Fischer left Beijing for Shanghai to continue his China trip Thursday evening.

HONG KONG, March 20 (Xinhua) -- Hong Kong signed an agreement with Brunei for the avoidance of double taxation and the prevention of fiscal evasion with respect to income taxes, the HK Special Administrative Region government said on Saturday.According to an official news release, Financial Secretary John Tsang signed the deal with Brunei Second Minister of Finance Abdul Rahman Ibrahim on Saturday during his visit to the southeast Asian country.This was the sixth comprehensive agreement for the avoidance of double taxation concluded by Hong Kong.It will eliminate double taxation instances encountered by Hong Kong and Bruneian investors, and bring about tax savings and certainty in tax liabilities in connection with cross-border economic activities.It is also believed to help foster closer economic and trade links between the two places, and provide added incentives for Brunei's enterprises to do business or invest in Hong Kong.Profits of Hong Kong trading companies doing business through a permanent establishment in Brunei may be taxed in both places if the income is Hong Kong sourced. Under the agreement, double taxation is avoided in that any Brunei tax paid by the companies can be deducted from the tax payable in Hong Kong.

BEIJING, Feb. 12 (Xinhua) -- China's Ministry of Public Security is considering a permanent number for Hong Kong and Macao residents' mainland entry cards for convenience.Currently, the last two of the 11 digits indicate the frequency for card renewals, meaning the number changes when Hong Kong and Macao residents get their cards renewed. That has been an inconvenience for those investing, buying housing, and doing banking business on the mainland.According to a statement released Friday by the ministry, Hong Kong and Macao residents entered a peak period for mainland card renewals last year.Cards for those aged 18 and above are valid for ten years. Cards for those under 18 years last three years.The mainland entry cards began to be used on Jan. 15, 1999.

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BEIJING, Feb. 17 (Xinhua) -- Even as some Chinese women claim discrimination at the workplace, a government blue paper says education has been important in narrowing the income gap between men and women.The blue paper, "China's educational development report 2009," released by the Social Sciences Academic Press at the Chinese Academy of Social Sciences, a major government think tank, says women who have received higher education suffer less gender discrimination at work."With the advancement of women's education level, the income gap between men and women has gradually narrowed," the blue paper said.According to 2005 government figures, the ratio of average income between women and men with junior high school diploma was 68 percent; 78 percent for senior high school diploma; 80 percent for junior college certificates; and 83 percent for college education.The paper said gender discrimination in employment is increasingly obvious in China, with even the employment prospects for female college graduates serious, let alone women without college education.The paper said society, employers, schools and women themselves should make efforts to change gender inequality in employment.China has broadened educational opportunities by popularizing higher education and granting all children equal and free, nine-year compulsory education.

TAIPEI, Feb. 19 (Xinhua) -- General Secretary of the Communist Party of China Central Committee Hu Jintao's talk to Taiwan business people during his Spring Festival visit in Fujian Province delivered goodwill to Taiwan, media and scholars on the island said.Leading newspapers in Taiwan including the China Times and the United Daily News followed the developments of Hu's four-day inspection tour in Fujian, which faces Taiwan.Hu ended his tour on Feb. 15 after visiting Zhangzhou, Longyan and Xiamen and celebrated the Spring Festival, or the Lunar New Year, with local residents and Taiwan compatriots living in Fujian.Hu told Taiwan business people the mainland would try its best in everything that would benefit Taiwan compatriots, and "we will honor our words."Chinese President Hu Jintao (2nd L), who is also general secretary of the Central Committee of the Communist Party of China (CPC), talks with a businessman (1st L) from China's Taiwan Province, at the Zhangpu Pioneer Park of Taiwan farmers in Zhangzhou, east China's Fujian Province, Feb. 12, 2010He also said the negotiation on the Economic Cooperation Framework Agreement between the mainland and Taiwan would "put into full consideration the interests of Taiwan compatriots, especially those of farmers."The China Times carried a commentary saying the message conveyed in Hu's speech to Taiwan business people was worth careful reading by Taiwan authorities.The online edition of the Central Daily News also released a commentary headlined "Hu Jintao celebrates Spring Festival in Fujian, delivers goodwill to Taiwan people."Hsu Wun-Pin, a renowned lawyer in Taiwan, said Hu's visit highlighted the role of culture and kinship in cross-Strait relations.Hsu's ancestors lived in Tong'an, now a district of the coastal city of Xiamen.Tamkang University prof. Chang Wu-yueh said Hu's choice of visiting Taiwan businessmen in cities that saw thriving cross-Strait exchanges during the most important traditional festival of the Chinese nation clearly displayed the mainland's high expectations of cross-Strait relations.

BEIJING, Feb. 22 -- The Chinese central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference.According to sources with knowledge of the new policy, it intends that Chinese-brand passenger vehicles will comprise at least half of vehicle sales by 2015 and sedans made by entirely domestic automakers will have about 40 percent of the nation's car market.Statistics from the China Association of Automobile Manufacturers (CAAM) show that 4.58 million Chinese-brand passenger vehicles were sold last year, some 44.3 percent of the total. Through an acquisition deal with Aviation Industry Corp last year, Chang'an Auto closed the biggest asset deal between State-owned auto enterprisesSales of domestic sedans hit 2.22 million units, almost 30 percent of the segment.The new policy will also focus on accelerating consolidation between automakers and could lead to a new round of reshuffling, industry insiders said.China became the world's largest auto producer and market last year with both production and sales surpassing 13.5 million vehicles due in part to government incentives.There are now more than 130 carmakers across the country, but most of them are small enterprises with annual production and sales of fewer than 10,000 units.Only five had sales of more than 1 million units last year as the country's top 10 carmakers moved a total of 11.89 million vehicles to account for 87 percent of overall sales, according to market data.Consolidation movesLast year, Chang'an Motor Corp acquired two minivan makers - Hafei and Changhe - as well as engine producer Dong'an Auto from the Aviation Industry Corp of China (AVIC), marking the biggest asset deal ever between State-owned auto companies.Chang'an is the fourth-largest motor group in China and the local partner of US carmaker Ford Motor and Japan's Mazda and Suzuki. After the acquisition, Chang'an's 2009 sales were only 30,000 units behind Dongfeng, the country's third-largest motor group.Guangzhou Automobile Group Corp, the country's sixth-biggest automaker, bought a 29 percent stake of Shanghai-listed SUV maker Changfeng Motor Co Ltd for 1 billion yuan in May last year.Beijing Automobile Industry Holding Corp, China's fifth-largest carmaker, reportedly finalized a deal last month to buy a 40 percent stake in Daimler AG's van joint venture with Fujian Motor Industry Corp.By 2012 policymakers hope consolidation will result in two to three large-scale auto groups, each with annual production capacity surpassing 2 million units, and four to five companies with annual output of more than 1 million vehicles, according to the national auto industry revitalization plan released in March last year.The current top-four Chinese motor groups are SAIC Motor Corp, FAW Group, Dongfeng Motor and Chang'an Motor. Carmakers including Beijing Automobile, Guangzhou Automobile, Chery, Geely and Sinotruk form the second tier in the country's auto industry.Going globalLi Yizhong, minister of Industry and Information Technology, said recently that in addition to fueling industry consolidation, the government will also implement measures to encourage domestic automakers in reaching overseas this year through investment, acquisition of foreign brands, building research and development facilities and developing sales networks.Industry sources said that the new policy calls for 20 percent of overall sales by major auto groups to be generated overseas in the next few years.In the wake of the financial crisis, China's vehicle exports fell sharply by 45.7 percent to 369,600 units last year, according to statistics from the General Administration of Customs. Industry analysts generally expect a rebound in car shipments this year as the foreign markets begin to recover.Despite the poor export performance, Chinese companies were aggressive in acquiring overseas assets in 2009.Homegrown carmaker Geely's bid for Swedish luxury brand Volvo received a lot of media exposure in 2009. The Zhejiang-based company will reportedly close the deal soon.Beijing Automotive bought some of Swedish carmaker Saab's core assets and technologies for 0 million last year.Li noted that along with encouraging acquisitions and consolidation, the government will restrain overcapacity in the auto industry.Li also said that the ministry will accelerate the development of new energy vehicles, including hybrid, pure electric and fuel battery models.The new policy will reportedly stipulate that Chinese partners hold at least a 50 percent share in newly built Sino-foreign joint ventures that produce core parts for alternative-energy vehicles.

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BEIJING, March 9 (Xinhua) -- China would step up work to monitor non-banking financing, said the China Banking Regulatory Commission (CBRC) Tuesday in a statement on its web-site.More focus would be put on businesses in connection with trust companies and the real estate sector to prevent banks from using non-banking financing to circumvent policies, said Liu Mingkang, chairman of the CBRC.The 2010 government loan target is 7.5 trillion yuan (1.10 trillion U.S. dollars). But in January alone, banks extended 1.39 trillion yuan in new loans -- 18.53 percent of the full-year target.More work should be done to improve risk management capacity to achieve sustainable development of the non-banking financing sector, Liu said.Non-banking financial institutions under the CBRC supervision include trust companies, finance companies, financial leasing companies, auto financing companies and money brokers.

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GUIYANG, March 14 (Xinhua) -- The death toll from a partial collapse of an unfinished building Sunday in southwest China's Guizhou Province has risen to seven, the rescue headquarters said.A mold supporting structure in the corridor between two halls at the International Conference and Exhibition Center under construction in Guiyang, capital of Guizhou, collapsed at around 11:30 a.m., burying workers working at the area, said a spokesman for the rescue headquarters.Rescuers found 26 workers who were rushed to hospital. Seven of the workers were proclaimed dead shortly upon arrival at hospital, one more seriously injured.Altogether seven remained hospitalized, and another 12 were discharged from hospital after some treatment.The police were investigating the cause of the accident.

BEIJING, Feb. 23 (Xinhua) -- "Livelihood issues" are Chinese people's top concerns as shown in on-line polls ahead of the annual parliamentary and political advisory sessions.Chinese netizens have voiced their complaints on-line and hope their voices could be heard by top leaders, national lawmakers and political advisors, who will soon gather in Beijing for the two sessions.Pension, housing and health care are among the top concerns, according to polls conducted by people.com.cn of Party's flagship newspaper People's Daily, xinhuanet.com of Xinhua News Agency and cctv.com of the state-run TV network."Pension" has earned 25,508 votes at people.com.cn, followed by anti-corruption, housing price, the income gap, employment and health care, among others. "Pension" also ranked among the top five concerns at cctv.com.Netizens called for the scraping of the long-time "dual pension scheme," in which civil servants and other public employees were entitled to pensions several times the amount of citizens employed by non-public entities."The current pension scheme widens the wealth gap," a person posted at xinhuanet.com.The amount of pension given to ordinary citizens was determined by one's monthly payment dedicated to their social security account before they retired, and is fixed to the average social income.Retirees of non-public entities get much less than their salary before retirement. But the amount of pension government employees get is almost the same as they got before retirement, sometimes two or three times higher than a factory worker.The government raised the pension for ordinary citizens by 10 percent, or 120 yuan monthly per person, starting from Jan. 1, 2010. This is the sixth time the pension has been raised since 2005. But the amount still cannot match that of civil servants'.HOUSING PRICE"Housing" is the top concern in the survey hosted by xinhuanet.com and has attracted a huge amount of comments on-line.Traditionally in China, an apartment of one's own is a must-have for marriage, although the government has tried to encourage young people to rent rooms before they buy one.As housing price in large Chinese cities have kept soaring over the past years, the government has been working on plans to increase public rental housing and build more government subsidized affordable houses.But a report from the Standing Committee of the National People's Congress, the top legislature, said construction of low-income houses was behind target, with only about 23 percent of investment realized by the end of last August.According to the Beijing Municipal Statistics Bureau, the city's average annual income in 2008 was 44,715 yuan, while urban apartments were selling for an average 15,581 yuan per square meter.An apartment of 80 square meters costs almost 1.25 million yuan, which would require a family of two wage-earners to repay with half their salaries for 30 years.The past year saw a 24 percent increase in housing prices nationwide, according to a report from the real estate association of the All-China Federation of Industry and Commerce earlier this month."Hi, Premier Wen, we hope you can help us. Houses are for the rich but not for ordinary people like us. Even in my hometown, a small city as Shandong's Zibo, houses are too expensive for us. We hope the central government can address this problem," a post said at xinhuanet.com.