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SHANGHAI, Jan. 22 (Xinhua) -- Visiting Austrian President Heinz Fischer here on Friday expressed his confidence in the success of the Shanghai World Expo and expectation for further economic and trade cooperation between his country and China.The Expo would have profound influences on the social, economic and culture development of the host city Shanghai, Fischer said in a meeting with Shanghai Mayor Han Zheng.Austria hosted the 1873 World Expo.Fischer said Austria would actively participate in the Expo and Austrian Federal Chancellor Werner Faymann was expected to attend the opening ceremony.Despite the financial crisis, China was the only market of Austria that saw an increase in export volume in 2009, said Fischer.He called for further cooperation in such areas as economy, culture, science and sports.Austria's statistics showed that the trade volume of its export to China recorded a year-on-year increase of 5 percent in 2009, while China's customs said China-Austria trade hit 4.33 billion U.S. dollars from January to November last year.China has now become Austria's largest trading partner in Asia, and second largest outside the Europe and the fourth largest exporters to Austria in the world.Fischer arrived in Shanghai Thursday, or the 100-day countdown to the opening of the Expo. He concluded his China visit and left for Austria on Friday afternoon.

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HANGZHOU, Feb. 13 (Xinhua) -- Days before its 4,000 employees, mostly migrants, started off upon their annual trips home for the Chinese Lunar New Year, Tiansheng Group, a textile company in the eastern Zhejiang Province, promised pay rises hoping workers would all come back after the holiday."We are expecting a severe shortage of skilled workers this year," said Wei Guoliang, president of the company's trade union. "We'll be short of at least 1,000 workers in Spring."Lu Laofa (R), a 40-year-old migrant worker from southwest China's Guizhou Province, and his children make a free phone call with their relatives at the railway station of Hangzhou, capital of east China's Zhejiang Province, Jan. 31, 2010Located in Shaoxing County, Asia's biggest textile base, Tiansheng Group relies mostly on migrant workers from Anhui, Henan and Sichuan provinces for production.Fearing it might lose some of its best employees, the company's management offered an average 15-percent pay rise for all workers, plus higher meal allowances and better medical insurance starting on March 1.The offer was printed out and posted at the company's main entrance to catch the workers' attention."We don't know if it will work," said Wei. "But we do hope the workers will come back after the Spring Festival."Two farmer migrant workers who returned home for the Spring Festival take part in a lathe-hand technical training at Juye County, east China's Shandong Province, Feb. 5, 2010.While the Spring Festival falls Sunday, most migrants would stay home for about two weeks for the most important Chinese holiday.For years, migrant workers are the mainstay of labor forces in China's leading manufacturing bases in the Shanghai-centered Yangtze River Delta and the Guangzhou-centered Pearl River Delta.Yiwu City in Zhejiang Province, known for its small commodities including the world's biggest supply of toys and Christmas gifts, is also feeling the pinch of worker scarcity.After a recruitment tour to underdeveloped western provinces of Guizhou, Shaanxi and Yunnan last year, Huang Yunlong, head of the city's labor management bureau, said the situation would be tough for local employers this year.Migrant workers gesture on their chartered flight at the airport in Hangzhou, capital of east China's Zhejiang Province, Feb. 4, 2010In a recent survey in Lishui, a manufacturing town close to Yiwu, 4,000 of the 6,000 migrants who were heading home for the new year said they would stay in their hometowns for jobs or do farmwork after the holiday.Hoping to ease the labor shortage, Red Leaf Umbrella Co. encourages its employees to introduce new workers and offers a 600 yuan cash reward for each new recruit."The worker shortage is a result of the fast economic recovery, as well as the new policies by central and local governments to stimulate growth in the central and western regions," said Zhuo Yongliang, a researcher with Zhejiang Provincial Institute of Development and Reform.Amid the economic recovery, a Yiwu-based restaurant consumes 600 packs of wet tissues a day, as against 400 packs during the international financial crisis last year."The worker shortage, as well as the heavier workload for individual employees, have forced employers to offer better pays and compensation packages -- it's a good thing to this end," said Prof. Wu Jinliang with the Zhejiang Provincial Party School. "But it also eats way the competitive edge of thousands of small businesses that used to rely on cheap labor."Besides the worker scarcity, many entrepreneurs are also worrying about the skills and overall quality of their employees.Zhou Xiaoguang, president of a Yiwu-based decoration firm, remembers the dainty products he saw at an exposition in Europe. "Why can't we produce stuff like that? We can spend heavily to buy better equipment and hire better designers, but we don't have high-caliber workers at our production lines."Langsha Group, China's leading producer of socks and stockings, dropped a procurement plan last year for an Italian-made automatic packing machine that could spare the manual work of 30 workers and improve quality."No one is able to run the machine or fix it if it breaks down," said the group's president Weng Rongdi. "Our lack of training for the workers is a big problem.""Like all other Chinese manufacturing companies, we need high-caliber workers if we want to make further breakthroughs," he said.

BEIJING, Feb. 21 (Xinhua) -- With Chinese banks' record new lending in 2009 igniting fears about asset bubbles and bad loan, the banking regulator's latest rules aim to bring financial risk under control.The new directives order banks to focus on loan quality control, rather than quantity restriction, and aim to make loans flow to the real economy -- rather than the property and stock markets, which are susceptible to asset bubble formation.Analysts say the directives are a smart way to handle the policy dilemma the central bank faced: with inflationary pressures growing after increased money supply, how can monetary policy be tightened without hurting the fragile economic recovery?The China Banking Regulatory Commission (CBRC) issued new regulations on Saturday evening telling banks to set lending quotas after "prudent calculation" of borrowers' "actual demand".It also reiterated working capital should not finance fixed-asset investment and equity stakes. The new rules also ask lenders to give funds directly to the end user declared by the borrower, instead of directly giving it to the debtor, in an effort to ensure loans are used for their declared purpose.Execution of the directives will help banks exit the "credit stimulus spree", as they pay more attention to risk control. The directives are crucial for the banks' sustainable expansion, said Yu Xiaoyi, analyst with Guangfa Securities.Loose oversight and easy monetary policy have led to many banks developing the bad habit of being excited about loan extension but indifferent to the tracking of loan use, which can result in credit appropriation, an unnamed insider told Xinhua.That allowed many Chinese enterprises to borrow much more than they needed in order to speculate with various types of investment, even though they had ample funds on hand for their routine business operations.In support of the government's 4-trillion yuan stimulus package, Chinese banks lent an unprecedented 9.6 trillion yuan in 2009, nearly half of 2009 gross domestic product.Researchers said that large amounts of the borrowed funds went into property and stock market speculation, further pushing up soaring house prices and further inflating asset bubbles.According to official data released by CBRC, some regions reported two to three percent of funds were misappropriated.Wang Kejin, an official with the Supervision Rules and Regulation Department of CBRC, told Xinhua "the current working capital and individual loans exceeded real market demand,"The inadequate monitoring of loan use demands improvement, otherwise creditors will suffer losses and systemic risks will build, the CBRC said in a statement on its website."Our purpose was to prevent it happening," the statement said.Ba Shusong, a researcher with the Development Research Center of the State Council, China's cabinet, said the new rules will further strengthen credit risk controls and put a "brake" on lending and keep the financial system in good health,Guo Tianyong, a professor with the Central University of Finance and Economics, said the new directive will prevent systemic risk after the rapid expansion in credit.Although the CBRC and the nation's central bank have repeatedly warned banks to maintain an even pace in lending growth and to avoid big fluctuations, new yuan loans hit a massive 1.39 trillion yuan in January, as banks scrambled to lend before an expected tightening in credit later in the year.CBRC chairman Liu Mingkang said on Jan. 27 the Chinese government is aiming to restrict credit supply to 7.5 trillion yuan (about 1.1 trillion U.S.dollars) in 2010.Analysts expect short-term loans to fall significantly on account of tougher lending requirements that prevent businesses using new loans to repay old credit, a phenomena rampant when bill financing with 180-day maturity comprised nearly half of new loans in the first quarter of 2009.To soak up the excess liquidity on the heels of lending spree, China has raised the deposit reserve requirement ratio (RRR) twice this year, after holding it steady for over a year, to handle the "comparatively loose liquidity" while keeping the "moderately easy" monetary policy unchanged.Jing Ulrich, Chairman of China Equities and Commodities at JP Morgan Chase, estimated China's new lending would fall 17 percent this year as the government takes steps to prevent inflation."While lending support for real economic activity is expected to continue, banks are likely to be more vigilant on shorter term credit facilities, given the regulator's anxiety over asset bubbles and capital adequacy ratios," she said.

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BEIJING, Jan. 23 (Xinhua) -- China's education authorities have banned employment of new substitute teachers, but denied a deadline for dismissing those still at work."Governments at all levels must ensure the inflow of qualified teachers and prohibit any school from taking on more substitute teachers," said Lu Yugang, deputy director of the personnel department of the Ministry of Education.Longtime employment of substitute teachers would not only impair the interests of students but also be unfair for the teachers as they are usually low paid, Lu said.However, the role of substitute teachers played and the contribution they made should not be forgotten, Lu said. "We cannot just tell them to leave the school and go home."Discussions about the future of substitute teachers have been featured prominently in newspapers and on websites in recent days, as it was reported all the substitute teachers would be dismissed in 2010.Substitute teachers are more often seen in poor places, mostly rural villages, as local governments could not afford to employ enough licensed teachers.By the end of 2008, China had about 311,000 substitute teachers, according to the ministry.Lu said the substitute teachers qualified for the job should be given opportunity to be formally recruited while those who were dismissed should be compensated.In recent years, substitute teachers have been gradually replaced by graduates from normal universities as the government invested more in the education in rural areas.

BEIJING, Feb. 23 (Xinhua) -- China has chosen 16 cities to pilot reform of government-run hospitals in an effort to ease public complaint of rising medical bills, according to an official circular released on Tuesday.The cities are required to establish a reasonable, effective and optimized medical service system, and to fully motivate all medical workers to provide the public with safe, effective, convenient and affordable medical services, according to the document.Public hospitals must retain its goal of serving the public interests and their top priority should be protecting people's health, said the document, jointly issued by five ministries including the Ministry of Health.The cities, including six in central China, six in the east and four in the west, were asked to start the reform from this year.China in April 2009 unveiled a blueprint for health-care over the next decade, kicking off a much-anticipated reform to fix its ailing medical system. The core principle of the reform is to provide basic health care as a "public service" to the people.Health Minister Chen Zhu said serving the public interests should be underscored in the health care reform and the public hospitals should play a leading role in it.MOH statistics show that China had about 14,000 public hospitals nationwide by November 2009.Li Ling, prof. with the China Center for Economic Research of Peking University, said the reform meant public hospitals would return to its nature of serving the public rather than making money."This is key to solving the complaints of costly medical service," Li said.Public hospitals in China enjoyed full government funding before 1985. Since then the situation changed as public hospitals embarked on a market-oriented reform as economic reform and opening up policy adopted in late 1978 deepened in the country."Public hospitals were allowed to make profits to invigorate themselves since then," said Xie Pengyan, professor of Peking University First Hospital. "Our hospital grew fast and my income increased remarkably since that year."Analysts said the market-oriented reform had greatly improved medical service to some extent. But the fact that hospitals operated using profits from medical services and drug prescriptions also resulted in soaring medical costs.According to the circular, public hospitals will not be allowed to make profit from drug prescriptions. They should operate on government funding and charges from medical services.The document also said that efforts should be made to strengthen hospitals in rural areas. Public hospitals are required to train medical workers for grassroot medical institutions.

BEIJING, Feb. 11 (Xinhua) -- Senior Chinese leader Li Changchun visited the performers and crew of China Central Television's Lunar New Year gala program during their rehearsal Thursday. Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, extended new year greetings and expressed his hope that the crew will present an excellent show for all Chinese on Lunar New Year's Eve on Feb. 13. Li Changchun (front R), a member of the Standing Committee of the Political Bureau of the the Communist Party of China (CPC) Central Committee, shakes hands with actors at the rehearsal of the Spring Festival Gala Evening at China Central Television (CCTV) in Beijing, China, Feb. 11, 2010The annual Lunar New Year gala celebration started in the 1980s and is China's most popular TV event. It attracts a major proportion of China's 1.3 billion population every Lunar New Year Eve. Li Changchun (2nd row, C), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, poses for photo with actors at the rehearsal of the Spring Festival Gala Evening at China Central Television (CCTV) in Beijing, China, Feb. 11, 2010.

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BEIJING, March 9 (Xinhua) -- Work place accidents in China reversed an upward trend and declined steadily over the past few years because of efforts to remove potential dangers, a senior trade union official said here Tuesday.Workplace accidents decreased 8.4 percent in 2009 from a year earlier, while work-related deaths dropped 8.8 percent, Zhang Mingqi, vice chairman of the All China Federation of Trade Unions, said at a press conference on the sidelines of the annual session of the National People's Conference, the country's top legislature.Zhang Mingqi, deputy president of the All-China Federation of Trade Unions, answers questions during a press conference on the function of Chinese trade unions during the transformation of the pattern of economic development held on the sidelines of the Third Session of the 11th National People's Congress in Beijing, China, March 9, 2010Last year, the administration hired more than 100 civilian inspectors to help improve work safety. It also stepped up efforts to eliminate potential dangers at work places and enhance training to improve awareness of workers' safety.

BEIJING, Jan. 25 (Xinhua) -- China named and shamed more than 10,000 workshops and selling groups in dust and poisonous material-related industries last year in a bid to fight against occupational diseases, according to the Ministry of Health (MOH).The figure was revealed at a national meeting on food safety and sanitation supervision here Monday amid an ongoing campaign on regulating workshops and selling companies in the fields of mining, quartzite processing, gem processing, stone processing, smelting and cement production among others.The campaign, starting in last August, was jointly launched by the State Administration of Work Safety, the Ministry of Health, the Ministry of Human Resources and Social Security and All-China Federation of Labor.Earlier this month, 152 workers at an electrical and lighting company in south China's Guangdong Province were found to have suspected mercury poisoning, showing symptoms such as headaches, hair loss, joint aches and shivers.According to the company, all six production lines of the workshop used liquid mercury, but some workers seldom took the trouble to wear a mask at work.Vice Health Minister Chen Xiaohong said at the meeting that the ministry is currently working with other departments to set up regular meetings at ministerial level on the prevention and control of occupational diseases.The MOH is also aiming to set up a network against occupational diseases at grassroot level while providing basic job-related health services for migrant workers, said Chen.

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BEIJING, March 14 (Xinhua) -- Chinese Premier Wen Jiabao said here Sunday a stable exchange rate of the Renminbi(RMB), or yuan, will facilitate the recovery of the world economy in the mid of the global financial crisis.He made the remarks at a press conference after the closing of the annual parliament session.Wen said since China began its currency reform to unpeg the yuan against the U.S. dollar in July 2005, the yuan has appreciated 21 percent against the U.S. dollar, or 16 percent in real terms. Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010"We did not depreciate the RMB from July 2008 to February 2009 when the global economy was in extreme trouble, but it appreciated in real terms by 14.5 percent," Wen told hundreds of domestic and foreign journalists.Wen said during this period, China's exports fell by 16 percent but imports only dropped 11 percent and its trade surplus decreased 102 billion U.S. dollars.

BEIJING, Jan. 18 (Xinhua) -- The quality of China's agricultural produce including vegetables, domestic animals and aquatics was improved in 2009, the Ministry of Agriculture said Monday.The ministry released an annual report based on monitoring results of agricultural products, saying 96.4 percent of vegetables had met safety standards in 2009, up 0.1 percentage points year on year.The rate was 99.5 percent for domestic animals, up 0.8 percentage points, and 97.2 percent for aquatic products, up 1.5 percentage points.The monitoring of fruits, mushrooms and tea, for the first time in 2009, found 98 percent, 95.2 percent, and 94.8 percent of products in the three categories met standards.In 2009, the inspections became more detailed, covered more categories, and were carried out in 259 large and medium-sized cities, compared with only 36 major cities previously, the ministry said.The ministry said it would step up the control over the use of prohibited pesticides and veterinary drugs in 2010 in order to further improve the quality and safety of agricultural produce.

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