https://www.scmp.com/rss/164707/feed Wu has been chairman of the National People’s Congress Standing Committee and secretary of its Leading Party Members’ Group since 2008, and was the country’s vice-premier between 1997 and 2003. The 71-year-old from Anhui became Shanghai party boss in 1991, the city where much of his power base lies. Wu is a Tsinghua University graduate with a degree in engineering. He was a member of the Politburo’s standing committee between 2002 and 2012. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com An unusual Xinhua report has sparked speculation that the state-run news agency has taken a subtle shot at the promotion of a man who could be the son of a powerful political figure. The cryptic report led to online debate about whether Wu Lei, a 37-year-old official soon to be promoted to a deputy director of Shanghai's Economic and Information Technology Commission, could be the younger child of Wu Bangguo , who in March retired as head of the National People's Congress, the mainland's... https://www.scmp.com/news/china/article/1238540/xinhua-spurs-talk-rising-star-son-ex-npc-chairman-wu-bangguo?utm_source=rss_feed https://www.scmp.com/news/china/article/1238540/xinhua-spurs-talk-rising-star-son-ex-npc-chairman-wu-bangguo?utm_source=rss_feed Wed, 15 May 2013 16:00:00 +0000 An unusual Xinhua report has led to speculation that China's state-run news agency has taken a subtle shot at the promotion of a son of one of China's most powerful political figures. The cryptic report led to online debate on whether Wu Lei, a 37-year-old official soon to be promoted, could be the younger son of Wu Bangguo, the recently retired head of China's rubber-stamp parliament, the National People's Congress.  Wu Bangguo ranked second after former president Hu Jintao in state protocol,... https://www.scmp.com/news/china/article/1238280/ex-npc-chief-wu-bangguos-son-latest-descendant-be-promoted?utm_source=rss_feed https://www.scmp.com/news/china/article/1238280/ex-npc-chief-wu-bangguos-son-latest-descendant-be-promoted?utm_source=rss_feed Wed, 15 May 2013 07:12:01 +0000 H7N9 Beijing Morning News* Beijing's most respected hospital denies online rumours over infections. Xinhua Xiandai Kuaibao* Customers scramble for Chinese herbal medicine, face masks in Nanjing. Wuhan Morning News* Shanghai's Health Centre deputy director tells the story of how the first case of H7N9 was discovered. Beijing News* Beijing Union Medical College expert says too much is still unknown about the disease. Southern Metropolis Daily* Guangdong deputy governor says the province... https://www.scmp.com/comment/blogs/article/1207388/qingming-tributes-are-censored-and-beijing-invites-myanmars-opposition?utm_source=rss_feed https://www.scmp.com/comment/blogs/article/1207388/qingming-tributes-are-censored-and-beijing-invites-myanmars-opposition?utm_source=rss_feed Thu, 04 Apr 2013 22:31:23 +0000 Wu Bangguo, the outgoing chairman of the National People's Congress Standing Committee, said in his last report to the legislative body that it would do everything it could to resist erroneous theories and reject Western political models. "We will absolutely not copy models in the Western political system," Wu told 2,000 deputies attending the annual session of the NPC in Beijing. Next Saturday it will complete a once-a-decade power transition that began in November at the Communist Party's... https://www.scmp.com/news/china/article/1186652/outgoing-npc-standing-committee-chief-rejects-western-political-models?utm_source=rss_feed https://www.scmp.com/news/china/article/1186652/outgoing-npc-standing-committee-chief-rejects-western-political-models?utm_source=rss_feed Fri, 08 Mar 2013 16:00:00 +0000 We will absolutely not copy models in the Western political system Wu Bangguo, outgoing NPC Standing Committee chairman   The negotiation rooms should in future be an inebriation-free zone US diplomat Joseph Torsella on drinking at UN headquarters in New York   When you sing from the heart there is always sadness there. We can't avoid it in our lives Israeli singer Yasmin Levy https://www.scmp.com/comment/insight-opinion/article/1186541/who-said-it?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1186541/who-said-it?utm_source=rss_feed Fri, 08 Mar 2013 16:00:00 +0000 National legislature chief Wu Bangguo praised the economic and social achievements of Macau during his first official visit to the city yesterday. Wu, chairman of the Standing Committee of the National People's Congress, will today officiate at a ceremony marking the 20th anniversary of the promulgation of the Basic Law in Macau. He told a reception last night that Macau has, since the 1999 handover, "made huge development accomplishments, the economy has sustainable growth, people's livelihoods... https://www.scmp.com/news/china/article/1154847/praise-economic-and-social-strides?utm_source=rss_feed https://www.scmp.com/news/china/article/1154847/praise-economic-and-social-strides?utm_source=rss_feed Wed, 20 Feb 2013 16:00:00 +0000 The first row of the presidium is a rare showcase of the Grand Old Men of Chinese politics. Here, at the Great Hall of the People, all retired party leaders – except the 96-year-old Wan Li and the 88-year-old Qiao Shi – and previous standing committee members were on stage. Some of them even appeared younger and better-looking than the incumbent leaders. Zeng Qinghong, once vice-president and a famous king-maker, was looking as feisty as ever with his bright red tie, which contrasted perfectly... https://www.scmp.com/comment/blogs/article/1077979/chinas-grand-old-men-step-limelight?utm_source=rss_feed https://www.scmp.com/comment/blogs/article/1077979/chinas-grand-old-men-step-limelight?utm_source=rss_feed Thu, 08 Nov 2012 12:17:02 +0000 Wu has been chairman of the National People’s Congress Standing Committee and secretary of its Leading Party Members’ Group since 2008, and was the country’s vice-premier between 1997 and 2003. The 71-year-old from Anhui became Shanghai party boss in 1991, the city where much of his power base lies. Wu is a Tsinghua University graduate with a degree in engineering. He was a member of the Politburo’s standing committee between 2002 and 2012. https://www.scmp.com/news/18th-party-congress/article/1052973/wu-bangguo?utm_source=rss_feed https://www.scmp.com/news/18th-party-congress/article/1052973/wu-bangguo?utm_source=rss_feed Wed, 03 Oct 2012 05:22:32 +0000 Police sued for calling innocent a bomber The family of a man duped into carrying a rucksack which contained explosives is taking the unusual step of suing the police for branding the 26-year-old a suicide bomber after a blast in Yunnan in May which left him and three others dead. The family of Zhao Dengyong is seeking two million yuan (HK$2.45 million) in compensation and an official apology from the public security bureau following the blast at a Qiaojia county office being used to arrange... https://www.scmp.com/news/china/article/1028983/briefs?utm_source=rss_feed https://www.scmp.com/news/china/article/1028983/briefs?utm_source=rss_feed Mon, 03 Sep 2012 16:00:00 +0000 Leung Chun-ying would reflect Hongkongers' views to Beijing on matters of concern, his top aide said yesterday. The chief executive-elect was criticised for failing to comment after thousands marched to the central government's liaison office on Sunday to demand an investigation into the death of Tiananmen dissident Li Wangyang. Yesterday, Leung's office released a statement in which he said: 'I believe the [central government] has already noted the concerns expressed by the people of Hong Kong... https://www.scmp.com/article/1003685/cy-pledge-pressure-over-li-wangyang-mounts?utm_source=rss_feed https://www.scmp.com/article/1003685/cy-pledge-pressure-over-li-wangyang-mounts?utm_source=rss_feed Mon, 11 Jun 2012 16:00:00 +0000 If all goes according to plan, Hu Jintao will step down from his position as general secretary of the Chinese Communist Party at the 18th party congress to be held later this year. It is supremely ironic that one of the most tightly controlled contemporary leaders of a major country should have his final months in charge, at least of the party, mired in scandal and rumour over the travails of a Politburo colleague, Bo Xilai . For all those who have studied, worked with and observed Hu, this sort... https://www.scmp.com/article/999464/going-script?utm_source=rss_feed https://www.scmp.com/article/999464/going-script?utm_source=rss_feed Fri, 27 Apr 2012 16:00:00 +0000 When you're on an expedition, nature hasn't read the script, the ocean hasn't read the script Film director James Cameron, who will try to dive to the deepest place on earth We need to remain sober-minded ... unwaveringly keep to the socialist path of political development with Chinese characteristics National People's Congress chairman Wu Bangguo, recommending the mainland stick to its principles It's my wife, my son and I living in a 38 square foot cubicle, plus hundreds of... https://www.scmp.com/article/995026/who-said-it?utm_source=rss_feed https://www.scmp.com/article/995026/who-said-it?utm_source=rss_feed Fri, 09 Mar 2012 16:00:00 +0000 National People's Congress chairman Wu Bangguo vowed yesterday that the mainland would stick to its socialist path, saying that Western political systems were not suitable for China despite growing calls for political reform. In a report delivered to the annual session of the NPC in Beijing, Wu said that a socialist system with Chinese characteristics had guaranteed development and the country 'must cherish it even more and adhere to it for a long time to come'. 'We need to be fully aware of the... https://www.scmp.com/article/995001/cherish-political-system-npc-chairman-says?utm_source=rss_feed https://www.scmp.com/article/995001/cherish-political-system-npc-chairman-says?utm_source=rss_feed Fri, 09 Mar 2012 16:00:00 +0000 China and the Philippines vowed yesterday in a joint communique to deepen bilateral exchanges in the political, cultural, judicial and military fields, as Philippine President Benigno Aquino wrapped up meetings with top Chinese leaders on his first state visit. Both sides also reiterated their pledges that maritime disputes would not affect bilateral ties. The communique issued by President Hu Jintao and Aquino, also said both sides would discuss the establishment of a nautical highway that... https://www.scmp.com/article/977861/hu-aquino-vow-deepen-ties?utm_source=rss_feed https://www.scmp.com/article/977861/hu-aquino-vow-deepen-ties?utm_source=rss_feed Thu, 01 Sep 2011 16:00:00 +0000 Since last August, Premier Wen Jiabao has positioned himself as a champion of political reform on the mainland, and his campaign has since intensified. Wen, 69, known for his populist image, triggered a slew of debates over political reform following a speech on the eve of the 30th anniversary of the Shenzhen Special Economic Zone. 'Without the protection of political reform, the achievements we have made through economic reform may be lost, and hence, the goal of modernisation may be beyond... https://www.scmp.com/article/966329/premier-undaunted-call-political-reform?utm_source=rss_feed https://www.scmp.com/article/966329/premier-undaunted-call-political-reform?utm_source=rss_feed Thu, 28 Apr 2011 16:00:00 +0000 His election into the powerful Politburo standing committee five years ago was seen as the outcome of a balancing act, but Wu Bangguo has since stood firm, surviving the fall of the Shanghai faction. In his recent role as No2 in the party and chairman of the country's legislature, the National People's Congress, Mr Wu, 66, has strengthened the party's supremacy over the constitution. Legal analysts also say that under Mr Wu's leadership, the NPC has evolved little from its symbolic 'rubber... https://www.scmp.com/article/612622/wu-bangguo-pushing-ahead-raft-new-laws?utm_source=rss_feed https://www.scmp.com/article/612622/wu-bangguo-pushing-ahead-raft-new-laws?utm_source=rss_feed Mon, 22 Oct 2007 16:00:00 +0000 Recently, many people have asked me, in private, why Beijing has suddenly become so hawkish. When pressed for proof, they always quote chairman of the National People's Congress Wu Bangguo , who said on June 6 that Hong Kong's 'high degree of autonomy is not intrinsic, but is authorised by the central government. The special administrative region shall have as much power as authorised by the central government. There is no so-called residual power.' This statement seemed to emphasise the... https://www.scmp.com/article/603634/media-taking-us-dangerous-terrain?utm_source=rss_feed https://www.scmp.com/article/603634/media-taking-us-dangerous-terrain?utm_source=rss_feed Thu, 09 Aug 2007 16:00:00 +0000 Chief Executive Donald Tsang Yam-kuen has acted swiftly to allay fears about Hong Kong's autonomy in the wake of remarks by National People's Congress chairman Wu Bangguo at a conference marking the 10th anniversary of the Basic Law's implementation. He told reporters on Thursday that the issues of separation of powers and residual powers had been made clear during the drafting process. The courts, he said, had exercised independent judicial powers. Put simply, Mr Tsang was anxious to... https://www.scmp.com/article/596351/harsh-reminder-political-reality?utm_source=rss_feed https://www.scmp.com/article/596351/harsh-reminder-political-reality?utm_source=rss_feed Sun, 10 Jun 2007 16:00:00 +0000 Comments this week by the National People's Congress chairman about the limits to Hong Kong's autonomy were directed at the question of universal suffrage, says one of the Basic Law Committee members who heard Wu Bangguo speak in Beijing on Wednesday. Ng Hong-mun said the 12 members of the Basic Law Committee - a Beijing-appointed body responsible for advising on matters related to the interpretation and amendment of the city's mini-constitution - had met on Thursday to discuss the remarks by... https://www.scmp.com/article/596119/npc-chief-had-elections-mind-basic-law-panellist-confirms?utm_source=rss_feed https://www.scmp.com/article/596119/npc-chief-had-elections-mind-basic-law-panellist-confirms?utm_source=rss_feed Fri, 08 Jun 2007 16:00:00 +0000 National People's Congress chairman Wu Bangguo's reminder about the limits to Hong Kong's autonomy would help guide the upcoming debate on the city's constitutional reform and clear up misunderstandings among some Hong Kong people, a mainland drafter of the Basic Law says. Renmin University law professor Xu Chongde, dubbed one of the 'guardians of the Basic Law', was among members of the pro-Beijing camp who interpreted Mr Wu's remarks as trying to ensure that Hong Kong proceeded on the right... https://www.scmp.com/article/595997/basic-law-misunderstood-hk?utm_source=rss_feed https://www.scmp.com/article/595997/basic-law-misunderstood-hk?utm_source=rss_feed Thu, 07 Jun 2007 16:00:00 +0000 City only has the powers laid down in Basic Law, says Wu Bangguo The head of the National People's Congress has issued an unambiguous reminder to Hong Kong over the limits to its power: it only has as much autonomy as already laid down by Beijing. Wu Bangguo told a forum to mark the 10th anniversary of the implementation of the Basic Law there was no question of the city being entitled to 'residual power' - power to manoeuvre in areas not overtly granted to it by Beijing. His remarks appear... https://www.scmp.com/article/595867/npc-warns-hk-autonomy?utm_source=rss_feed https://www.scmp.com/article/595867/npc-warns-hk-autonomy?utm_source=rss_feed Wed, 06 Jun 2007 16:00:00 +0000 Shark fin soup on the menu at a conference dedicated to sustainability and relaxed Australian former prime minister Bob Hawke crooning Waltzing Matilda at a Mengniu Dairy cocktail hour, the Boao Forum on Asia is still grappling for an identity. Many of the delegates at the 1,300-strong grouping of businessmen, politicians and luminaries said the event was definitely getting better each year. They pointed to strong representation from the mainland's best companies and entrepreneurs, such as... https://www.scmp.com/article/590085/corporate-beauty-pageant-foreign-investors?utm_source=rss_feed https://www.scmp.com/article/590085/corporate-beauty-pageant-foreign-investors?utm_source=rss_feed Sun, 22 Apr 2007 16:00:00 +0000 NPC chairman Wu Bangguo is applauded after delivering his annual report yesterday. Mr Wu said the National People's Congress would make medical reform one of its major tasks this year. He said the NPC Standing Committee would continue introducing legislation, including new directives related to the Labour Contract Law, Employment Promotion Law and the Social Security Law. Last week, Premier Wen Jiabao said in his plan for 2007 that the State Council would speed the development of... https://www.scmp.com/article/584723/policy-plaudits?utm_source=rss_feed https://www.scmp.com/article/584723/policy-plaudits?utm_source=rss_feed Sun, 11 Mar 2007 16:00:00 +0000 space delegate maps out big future for programme China will master the technology to send astronauts to the moon in the next 15 years, a top scientist with the manned space project said yesterday. Huang Chunping, also a CPPCC delegate, told Xinhua a new generation of launch vehicles would be developed in the next seven to eight years to service the mainland's planned space station. He said the launch vehicle, dubbed Changzheng V, would be able to carry up to 25 tonnes, 16 tonnes more than the... https://www.scmp.com/article/584117/npc-briefs?utm_source=rss_feed https://www.scmp.com/article/584117/npc-briefs?utm_source=rss_feed Tue, 06 Mar 2007 16:00:00 +0000 National People's Congress Chairman Wu Bangguo has urged Shanghai to take a lead in 'science and innovation' and pay greater attention to 'social harmony'. Mr Wu, who has just ended a five-day inspection tour of the city, also reminded Shanghai leaders to vigorously enforce environmental protection regulations and veto any projects that might pose a threat to the environment. On social harmony, Mr Wu said China's goal of building a harmonious society did not mean that there would be no... https://www.scmp.com/article/546079/npc-chief-has-wise-words-shanghai?utm_source=rss_feed https://www.scmp.com/article/546079/npc-chief-has-wise-words-shanghai?utm_source=rss_feed Sun, 23 Apr 2006 16:00:00 +0000 The insistence of Hong Kong lawyers that it was inappropriate for the mainland's top legislature to interpret the Basic Law reflected their lack of understanding of the mini-constitution, a state leader claimed yesterday. National People's Congress chairman Wu Bangguo said some members of Hong Kong's legal sector were used to interpreting the Basic Law from a common-law perspective. Some lawyers had questioned the appropriateness of reinterpretation of the Basic Law by the NPC Standing... https://www.scmp.com/article/539541/lawyers-accused-basic-law-shortcomings?utm_source=rss_feed https://www.scmp.com/article/539541/lawyers-accused-basic-law-shortcomings?utm_source=rss_feed Tue, 07 Mar 2006 16:00:00 +0000 The National People's Congress Standing Committee passed revised legislation yesterday in an attempt to strengthen auditors' powers and rein in corruption. It also ratified a United Nations treaty aimed at restricting terrorist funding as it concluded its 20th session. The International Convention for the Suppression of the Financing of Terrorism, effective since 2002 and signed by 138 countries, would help halt the financing of domestic terrorist activities by overseas 'anti-Chinese forces',... https://www.scmp.com/article/538503/law-boosts-anti-graft-audit-powers?utm_source=rss_feed https://www.scmp.com/article/538503/law-boosts-anti-graft-audit-powers?utm_source=rss_feed Tue, 28 Feb 2006 16:00:00 +0000 Vice-Premier Huang Ju was conspicuously absent from a key Communist Party leaders' seminar on rural reform yesterday. Official media reports said Mr Huang was the only Politburo Standing Committee member who did not take part in the high-level Central Party School seminar for provincial and central government ministers on the building of a 'new socialist countryside'. It was the second time that Mr Huang had failed to join other top state leaders at a gathering in recent weeks. He also did not... https://www.scmp.com/article/536545/huang-jus-absence-continues?utm_source=rss_feed https://www.scmp.com/article/536545/huang-jus-absence-continues?utm_source=rss_feed Tue, 14 Feb 2006 16:00:00 +0000 The South China Morning Post has an unrivalled team of reporters and photographers covering the NPC. Check this space for a quick guide to the day's stories, a list of upcoming events and quotes from the nation's decision-makers In today's paper Chief justice promises to combat crime Death penalty may be restricted to higher courts Private businessmen say they should get more respect Wu Bangguo says handle complaints locally Today in congress News conference by Zhou Xiaochuan, central... https://www.scmp.com/article/447750/need-know?utm_source=rss_feed https://www.scmp.com/article/447750/need-know?utm_source=rss_feed Wed, 10 Mar 2004 16:00:00 +0000 Wu Bangguo can thank his 30-year relationship with Shanghai for making him one of China's nine most powerful politicians. He was named yesterday to the nine-member Standing Committee of the Communist Party's Politburo, which will govern for the next five years. Mr Wu, 62, has put in three decades of patient but otherwise unremarkable work in Shanghai, followed by a promotion to Beijing as vice-premier in 1995. In his most recent post, he has handled the most difficult portfolio in government -... https://www.scmp.com/article/397694/wu-bangguo-shanghai-connection-has-helped-his-rise?utm_source=rss_feed https://www.scmp.com/article/397694/wu-bangguo-shanghai-connection-has-helped-his-rise?utm_source=rss_feed Fri, 15 Nov 2002 16:00:00 +0000 Updated at 7.17pm: As they ramp up for World Trade Organisation entry, mainland officials have reorganised government departments, convened a special State Council meeting and issued a series of biting media statements to foreshadow a massive crackdown on every shady deal from bogus new cars to illegal Internet bars. Moreover, officials are plain angry. Premier Zhu Rongji has told the press he feels 'a strong sense of indignation'' and loses sleep when he hears reports on fraud. Questioned by... https://www.scmp.com/article/344642/officials-get-serious-graft-crackdown?utm_source=rss_feed https://www.scmp.com/article/344642/officials-get-serious-graft-crackdown?utm_source=rss_feed Thu, 19 Apr 2001 16:00:00 +0000 Modernising China's social security system is the key to further reform of state-owned enterprises (SOE), according to one of the architects of the changes. Vice-Premier Wu Bangguo told the China Business Summit yesterday that the creation of a social safety net was vital to support people who could be laid off as the reforms continued. Reforming China's SOEs is seen as essential if the economy is to thrive after more sectors are opened up to foreign competition when the mainland joins the... https://www.scmp.com/article/344606/social-security-key-reform?utm_source=rss_feed https://www.scmp.com/article/344606/social-security-key-reform?utm_source=rss_feed Wed, 18 Apr 2001 16:00:00 +0000 The State Council has set up a special committee headed by Vice-Premier Wu Bangguo to supervise production safety after a spate of explosions and accidents. Alarmed by the frequency of major accidents, sources said Premier Zhu Rongji decided at the last meeting of the Premier's office to set up a Safe Production Committee under the State Council headed by Vice-Premier Wu. The new committee will share the same office as the State Bureau of Safety Production Supervision. Mr Wu will be the... https://www.scmp.com/article/343315/watchdog-established-wake-explosions?utm_source=rss_feed https://www.scmp.com/article/343315/watchdog-established-wake-explosions?utm_source=rss_feed Wed, 04 Apr 2001 16:00:00 +0000 Chief Executive Tung Chee-hwa, (right) greets China's Vice-Premier Wu Bangguo at yesterday's ITU Telecoms Asia 2000 conference opening. Mr Wu had good news for senior executives of China's only two mobile-phone operators, who welcomed the government's decision not to implement the controversial 'calling party pays' (CPP) billing system until at least the end of next year. China Mobile chairman Wang Xiaochu said: 'Maintaining the current billing system in China is positive news for the... https://www.scmp.com/article/333074/communicating?utm_source=rss_feed https://www.scmp.com/article/333074/communicating?utm_source=rss_feed Sun, 03 Dec 2000 16:00:00 +0000 VICE-PREMIER Wu Bangguo yesterday kicked off his four-day visit to Hong Kong, dining with Chief Executive Tung Chee-hwa and senior officials at Government House last night. Today, he is due to open International Telecommunications Union Telecom Asia 2000 at the Convention and Exhibition Centre. https://www.scmp.com/article/333034/vice-premier-visits?utm_source=rss_feed https://www.scmp.com/article/333034/vice-premier-visits?utm_source=rss_feed Sat, 02 Dec 2000 16:00:00 +0000 Updated at 6.57pm: Chinese Vice-Premier Wu Bangguo is due to arrive in Hong Kong this Saturday, a Government spokesman announced on Wednesday. Mr Wu will stay in the territory until December 5, and officiate at the opening ceremony of telecoms conference, ITU Telecom Asia 2000. ''The Chief Executive welcomes the visit of Mr Wu Bangguo,'' the spokesman said. ''We hope to take this opportunity to brief him on developments in Hong Kong since the establishment of the Hong Kong Special... https://www.scmp.com/article/332576/mainland-vice-premier-visit?utm_source=rss_feed https://www.scmp.com/article/332576/mainland-vice-premier-visit?utm_source=rss_feed Tue, 28 Nov 2000 16:00:00 +0000 Vice-Premier Wu Bangguo urged local cadres to give top priority to social stability during a recent tour to the western provinces. In the nine-day visit which finished yesterday, , the Vice-Premier in charge of industry toured Shaanxi, Qinghai, Gansu and Ningxia to relay Beijing's pledge of full backing to inland provinces. But Mr Wu also appealed to local cadres to 'handle and solve all sorts of conflicts properly to ensure social stability'. Stability was the prerequisite for development,... https://www.scmp.com/article/312248/vice-premier-urges-stability-provinces?utm_source=rss_feed https://www.scmp.com/article/312248/vice-premier-urges-stability-provinces?utm_source=rss_feed Tue, 28 Mar 2000 16:00:00 +0000 More than 70 per cent of laid-off workers from state-owned enterprises have failed to find new work, a government study has revealed. The Ministry of Labour and Social Security's study showed that the number of registered unemployed workers from state-owned enterprises had reached 7.4 million. By the end of June, two million had found new jobs but 5.4 million remained unemployed, living on government assistance. The release of the study coincided with a visit by Vice-Premier Wu Bangguo to... https://www.scmp.com/article/293536/five-million-laid-workers-stay-jobless?utm_source=rss_feed https://www.scmp.com/article/293536/five-million-laid-workers-stay-jobless?utm_source=rss_feed Sun, 12 Sep 1999 16:00:00 +0000 Vice-premier Wu Bangguo has reiterated Beijing's commitment not to devalue the yuan, which he said was underpinned by sound financial fundamentals. He said: 'The [yuan] will not be devalued; we have the full capacity to resist a devaluation.' Mr Wu said the decision to uphold the value of the yuan was based on the country's strong trade surplus, which stood at about US$40 billion last year, and foreign reserves of $146 billion. But foreign analysts feared that the yuan's strength could be... https://www.scmp.com/article/280159/vice-premier-wu-bangguo-reiterates-beijings-commitment-not-devalue-yuan?utm_source=rss_feed https://www.scmp.com/article/280159/vice-premier-wu-bangguo-reiterates-beijings-commitment-not-devalue-yuan?utm_source=rss_feed Mon, 26 Apr 1999 16:00:00 +0000 Premier Zhu Rongji has been criticised for not delegating powers to senior ministers while elevating too many of his proteges too fast. Beijing sources said yesterday Mr Zhu's stature had risen owing to the support most National People's Congress (NPC) members had given him in the just-ended plenary session. However, the economic tsar had taken flak for not delegating authority to vice-premiers Li Lanqing and Wu Bangguo. Officially, Mr Li is the Politburo Standing Committee member in... https://www.scmp.com/article/275674/zhu-bypassing-seniors-nurture-favourites?utm_source=rss_feed https://www.scmp.com/article/275674/zhu-bypassing-seniors-nurture-favourites?utm_source=rss_feed Mon, 15 Mar 1999 16:00:00 +0000 Premier Zhu Rongji appealed to cadres yesterday to be of 'one mind' with him in pushing ahead with reforms of state-owned enterprises (SOEs). 'As long as we work with one mind, we can surely make headway in state enterprise reform,' he said insisting what the central Government had prescribed was 'correct and effective'. In a meeting with National People's Congress deputies from the hard-hit northeast province of Jilin, Mr Zhu reassured them unprofitable state firms were not doomed. ... https://www.scmp.com/article/274728/zhu-plea-cadres-reform-unity?utm_source=rss_feed https://www.scmp.com/article/274728/zhu-plea-cadres-reform-unity?utm_source=rss_feed Sun, 07 Mar 1999 16:00:00 +0000