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Xinhua News Agency; News from China
Topic Started: Feb 4 2013, 01:37 PM (56 Views)
merlins
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Republic of Zaire
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The Xinhua News Agency is the official press agency of the People's Republic of China and the biggest center for collecting information and press conferences in China. It is the largest news agency in China. Xinhua employs more than 10,000 people, operates 107 foreign bureaus worldwide, and maintains 31 bureaus in China—one for each province, plus a military bureau. Xinhua is a publisher as well as a news agency—it owns more than 20 newspapers and a dozen magazines, and it prints in eight languages: Chinese, English, Spanish, French, Russian, Portuguese, Arabic and Japanese.
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merlins
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Republic of Zaire
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Xi heads to India for a Summit meeting


The President of the People's Republic of China Xi Jinping is travelling to the Republic of India for a Summit meeting with Prime Minister Manmohan Singh.

While the meeting itself will be held behind closed doors, thus enabling both powers to discuss freely issues of joint interest, as well as topics, which cause some problems in bilateral relations, experts have already pointed out that the symbolic meaning of this Summit cannot be underestimated.

Both India and China are among the biggest economies of the world, their role and importance is increasing with every day. Intensified cooperation could allow Beijing and New Delhi to ease some of the regional tensions, as well as provide additional impetus for economic growth.

The Summit meeting will be initiated by a meeting of the Chinese President and Indian Prime Minister, but continued by various Government ministers and officials over a longer period of time. No concrete results are anticipated, as stated due to the very open-ended agenda, but improved relations will definitely follow.
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Vonar Roberts

Politburo considers Electric car subsidy as sales drop
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As electric cars sales decline in China the politburo is expected to subsidize electric vehicles sold in 25 model cities, expanding from the current five cities, and adopt a unified national subsidy standard, 21st Century Business Herald reported Wednesday citing China's Association of Automobile Manufacturers.

"The new subsidy policy for electric vehicles, still under research, will be issued soon, possibly shortly after the two sessions of NPC and CPPCC," said Ye Shengji, deputy secretary general of China Association of Automobile Manufacturers. The government's subsidies for electric cars, introduced in 2010, used to be as much as 60,000 yuan ($9,631), but the policy was terminated in 2012.

Currently, local governments decide the amount of subsidy in their regions.

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