CHINA / Do You Know
Press Digest - Chinese newspapers
(Reuters)
Updated: 2006-03-29 14:38
Chinese newspapers available in Beijing carried the following stories on
Wednesday. Reuters has not checked the stories and does not vouch for
their accuracy.
CHINA DAILY (www.chinadaily.com.cn)
-- China and the United States on Tuesday pledged to work towards easing
bilateral trade tensions and creating a "positive atmosphere" for the
upcoming meeting between presidents Hu Jintao and George Bush as U.S.
Commerce Secretary Carlos Gutierezz met with Premier Wen Jiabao and Vice
Premier Wu Yi in Beijing.
-- Swiss drugmaker Roche Holding A.G. said on Tuesday it had granted a
sub-licence to a Shenzhen-based pharmaceutical company to produce
Tamiflu, believed to be the most effective medicine against bird flu.
CHINA SECURITIES JOURNAL
-- The Ministry of Finance and the State Administration of Taxation have
again suspended tax rebates for gasoline and naphtha exports, taking
effect from March 14, in order to ensure domestic supply. The duration of
the suspension is unclear.
FINANCIAL NEWS
-- Bank of Communications Co. Ltd. <3328.HK> scored a net profit of 9.249
billion yuan ($1.15 billion) in 2005, up 477 percent from a year earlier.
ECONOMIC DAILY
-- Property prices in 70 big and medium-sized cities in February rose 5.5
percent from a year earlier. They were also 0.7 percent higher than in
January.
PEOPLE'S DAILY
-- Two professors on work safety gave a lecture to leaders in a group
study session of the Communist Party Politburo on Monday. Hu Jintao said
during the session that China was a socialist country and its development
should not come at the expense of people's lives and environment. He said
the frequent occurence of major work safety accidents must be curbed.
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