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BRIEFS

Briefs, November 22, 2012

PUBLISHED : Thursday, 22 November, 2012, 12:00am
UPDATED : Thursday, 22 November, 2012, 4:42am

Hu meets Russia's new defence minister

President Hu Jintao met new Russian Defence Minister Sergei Shoigu in Beijing yesterday. Hu said China stood ready to work with Russia on bilateral relations and co-operation in key areas, and maintain military ties. Shoigu said Russia was willing to deepen co-operation between the two militaries. Russian news agency RIA Novosti reported Shoigu also met the new Central Military Commission vice-chairman, Xu Qiliang. "The closer the co-operation is between our two countries, including in the military-technological area, the more peaceful our region will be," Shoigu was quoted as telling Xu. Xinhua

 

Li says move to cities must go on for growth

Li Keqiang, set to become premier in March, said the nation must deepen its rural-urban population shift to support growth while avoiding the economic stagnation associated with middle-income countries. Urbanisation was a "huge engine" of China's future growth, said Li, currently vice-premier, in a full-page article on economic development in the People's Daily. Li said China was facing the risk of falling into the so-called middle-income trap. He also said in the article that yuan capital-account convertibility would be achieved "gradually" and China would keep pushing changes to resource pricing. The nation must boost consumer spending to sustain growth and cope with a slowdown in the global economy, Li said. Reuters

 

Driver detained for organising protest

Police in the south have detained a car owner for his online attempts to organise a campaign against rising licence fees, state press said, in a sign of official concern over potential unrest. The owner, publicly identified only by an online name, hoped to see some 100 cars parade in protest around Yangjiang in Guangdong province after the city proposed a 400 yuan (HK$500) annual fee for vehicles. AFP

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