Extracts.
Sunday, October 29, 2000, updated at 09:32(GMT+8)
Chinese Communist Party Needs Young Cadres: Weekly
The Central Committee of the Communist Party of China
(CPC) recently urged the selection of outstanding
young cadres to ensure the fulfillment of the tasks
of the Party in the 21st century.
The latest issue of "Outlook Weekly", China's most
authoritative news weekly, to be published on October
30, quotes authoritative sources as saying that the
CPC Central Committee has set goals and requirements
for the selection of young cadres.
A number of excellent cadres at different ages will
be selected for Party and governmental positions at
provincial, city and county levels, according to the
article.
Different requirements have been made aiming at
leaders at various levels, and priorities will be
given to young cadre selection in the financial,
scientific and technological, foreign trade,
diplomatic and law sectors, says the weekly.
To set up an appropriate cadre selection system, the
CPC Central Committee has set specific principles.
Departments at all levels are urged to be more open
in the selection process so as to make the contingent
of cadres more revolutionary, younger, better
educated and more competent.
Conventional practices and age limits should not be
fixed in the selection of outstanding cadres, says
the weekly.
Experienced personnel from state-owned enterprises,
colleges and universities, academies, backward areas
and abroad shall have equal opportunities in the
selection, the weekly says.
Meanwhile, the CPC Central Committee is working to
further deepen the reforms of the cadre system and to
build up a sound selection procedure.
In addition, individuals of various ages should be
considered so as to maintain a reasonable age
arrangement.
Cadre selection should emphasize females, people from
ethnic minorities and non-communist personnel, the
weekly says.
The selection of younger cadres should strictly
conform to the provisional regulations on the
appointment of Party and government officials, the
magazine says.
The young cadres to be selected must meet
requirements by the CPC Central Committee. They must
be loyal to Marxism, adhere to the socialist road
with Chinese characteristics and must be capable of
the Party and government work.
They should uphold the Party's spirit and persist in
the Party's purpose of serving the people
whole-heartedly; they should be broad-minded and be
good at observing the world situation; they should be
able to solve any type of problems that crop up in
reforms, development and maintaining stability; and
they must have a thorough understanding of Marxism,
says the weekly.
****
Saturday, October 28, 2000, updated at 11:37(GMT+8)
Russia, Yugoslavia Issue Joint Statement on Strategic
Partnership
Russian President Vladimir Putin and his visiting
Yugoslav counterpart Vojislav Kostunica on Friday
signed a joint statement on establishing a new,
all-around partnership between their countries and
agreed to maintain regular political dialogue at
various levels, including the top leadership.
Before signing the document, the presidents discussed
bilateral political and economic ties, regional
security and international issues of common
interests, especially the situation in Yugoslavia and
in the whole Balkan region, Russian media reported.
The two sides also mulled the problems of Russian gas
deliveries to Yugoslavia, Belgrade's gas debts to
Moscow and the possibility of paying the debts with
commodities.
At the meeting, Putin stressed that Yugoslavia is
Russia's traditional and main partnership in the
Balkans. He praised Kostunica for peacefully solving
the crisis over recent Yugoslav presidential
elections.
Putin stated that Russia will stand together with
Yugoslavia forever and respects the Yugoslav people's
choice.
The two sides will expand mutually beneficial
economic and technological cooperation under most
favored nation conditions, the joint statement says.
Russia will "provide tangible aid to Yugoslavia in
rebuilding its economy and overcoming the NATO
aggression and the policy of sanctions," it says.
The statement emphasizes the importance of the early
resumption of Yugoslavia's participation in
international cooperation, in particular its
full-fledged membership in the international
community.
"Russia and Yugoslavia regard full normalization and
the establishment of neighborly relations between all
the countries that emerged from the former Socialist
Federal Republic of Yugoslavia as the main factor in
stabilizing the situation in the Balkans," it
continues.
The two countries firmly support full implementation
of the UN Security Council resolution No.1244 on
Kosovo, aimed at constructing there a democratic
multi-ethnic society, the early
start of political talks and the signing of an
agreement on the status of the Yugoslav province, the
statement reads.
Kostunica, who was elected Yugoslav president last
month and announced a non-pro-West policy earlier
this month, reaffirmed after his meeting with Putin
that the Federal Republic of Yugoslavia relies "not
only on its traditional partners and closest
neighbors such as Russian Federation, but also on the
West."
He said relations with Russia are important to
Yugoslavia and Russia's presence in the Balkans is of
great significance.
Kostunica arrived in Moscow on Friday morning for a
working visit, his first trip to Russia after being
elected the Yugoslav head of state. On the same day,
he also met with Russian Foreign
Minister Igor Ivanov.
Yugoslavia remains Russia's key and closest partner
in the Balkans and Russia intends to build its
relations with Yugoslavia on a long-term basis and to
promote progress in every field, Ivanov told
Kostunica.
Yugoslavia's legitimate seat in the United Nations
and other international bodies will promote stability
in the Balkans and Europe, he noted, vowing that
Russia will continue pressing for this.
****
Saturday, October 28, 2000, updated at 11:30(GMT+8)
China's State-Owned Enterprises to Increase
Efficiency
China's State-owned enterprises (SOEs) are now
working under a "code of conduct" which means they
must quicken the pace of modernization and improve
their management.
The code was worked out at a time when the country is
already pressing ahead with SOE reforms and preparing
for entry into the World Trade Organization (WTO),
according to Saturday's China Daily.
Sheng Huaren, minister of the State Economic and
Trade Commission, was cited by the paper as saying
that it was necessary to have a code of conduct which
lays down the basics for setting up a modern
corporate system in China, and sets out the
fundamental requirements for enterprises to
strengthen management.
Such a code, if implemented to the letter, will
propel forward SOE reforms and add to the competence
and confidence of State-owned businesses in braving
the challenges they face with entry into the WTO.
Under the 69-article code, all large and medium-sized
SOEs, except State monopolies, will be gradually
transformed into limited and stock companies with
multiple shareholders.
The code, revised and endorsed by State leaders
including Premier Zhu Rongji, highlights making and
implementing "correct development strategies" for the
SOEs, and urges them to set up a rational decision
making mechanism, and emphasizes the application of
modern information technology such as electronic
commerce.
****
Senior CPC Official Meets Myanmese Delegation Li Ruihuan, a Standing
Committee member of the Political Bureau of the Chinese Communist Party
Central Committee, met Thursday with Win Myint, vice-president of the Union
Solidarity and Development Association of Myanmar, and his delegation.
Li, who is also chairman of the National Committee of the Chinese People's
Political Consultative Conference (CPPCC), said China and Myanmar are
friendly neighbors faced with the same task of developing the economy and
improving living standards, and they hold the same or similar views on many
international issues, Li said, stressing that it is in the fundamental
interests of both countries to further advance their friendly cooperation.
Li said China has undergone dramatic changes since its reform and opening
up. There are broad prospects for economic development of Myanmar, which
enjoys abundant forest, mineral and tourist resources.
The development of the two countries is mutually beneficial, Li said,
adding that China sincerely hopes that Myanmar will realize economic
development and national prosperity, allowing a happier life for its
people.
Win Myint, who is also the third secretary of the State Peace and
Development Council of Myanmar, agreed with Li that Myanmar and China are
close in their brotherly relations. Myanmar, as always, will stick to its
policy of developing friendship with China, he affirmed.
He also voiced admiration of China's great achievements in the past over 20
years, expressing the hope that bilateral economic and trade cooperation
would be further reinforced so as to realize a common development.
****
Sunday, October 29, 2000, updated at 09:56(GMT+8)
China to Revoke Power Monopoly
China will break up the power monopoly by asking all
the provincial power bureaux to hand over their
administrative functions to provincial economic and
trade commissions by the end of this year.
Already 27 of the 31 provincial power bureaux have
implemented the reform, which was witnessed as a
"strategic" move to gradually withdraw the
government's control over the power sector by
experts, according to Sunday's Business Weekly.
The next step will be to diversifying the fund
channels in sector by allowing power enterprises to
go public and lure more direct foreign investment.
The proportion of national assets in State-owned
enterprises are to be considerably cut down, said Shi
Yubo, director-general of the Electronic Power
Department of the State Economic and Trade
Commission.
The ongoing reform is aimed to foster a fairly
competitive market, he added.
A trial separation was launched in Shanghai, east
China's Shandong and Zhejiang provinces, northeast
China's Heilongjiang, Jilin and Liaoning provinces
during the first half of this year. The trial is
scheduled to spread to more pilot cities next year.
The reform makes it a rule that one province mush
have at least five independent power generating
plants, each occupying no more than one-fifth of the
total installed generating capacity in the province.
By doing so, competition among the power plants is
expected to cut down the irrationally high production
costs and high prices for end users.
"The cost saved from the competition will be passed
on to customers, especially those enterprises with
high power consumption," Shi said.
Experts say full competition in the country's power
industry would reduce prices nationwide by 20 percent
on average. Besides, China plans to adopt a price
hearing system when time is right.
The total installed generating capacity of China is
the second highest in the world while the power
consumption per capita was only half of the world
average last year.
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