2009-3-2 JING HUA TIMES Finance News

1. China United Telecommunications Co. Ltd. will stop local cell phone prepaid card from April. B 37

2. Google Apps Premier Edition clients were compensated $2.05 by Google for the mail system error on Feb 24^th. B 37

3. Sony announced company reform proposal. B 36

It will set up two new groups which are networking production and service groups.

4. Chinese Banking Association announced on its website that there will not be any tied purchase close for the applicants of the 30%-off housing loan. B 38

5. With the development of Internet e-shopping has become a popular trend for personal purchases. This is the preferred way of shopping since both buyers and sellers can benefit from it. Investment B 42

2009-3-2 JING HUA TIMES General News

1. The Chinese Satellite Chang'e 1 ends its lunar mission with a bang.

China's lunar probe ended its 16-month mission with a controlled crash onto the moon yesterday, officials said. A 02

2. The 2009 Political Consultation Congress will start on March 3^rd and will last until the 12^th of March. A 02

3. From March 15^th a series of Recruitment Fairs for migrant workers will take place in Beijing. These events aim to promote the employment of migrant workers in the capital. A 03

4. The Chairman Mao Zedong Memorial Hall will be closing for 20 days due to reconstruction. It will reopen on March 21^st. A 04

5. Coupons to lure tourists. A 11

Shanghai residents hold up the latest batch of promotional coupons issued by Hangzhou tourism commission yesterday to boost visitor numbers. The commission said two branches of the Bank of Hangzhou in Shanghai had already handed out 30,000 books of the vouchers, worth 4.5 million RMB.

JING HUA TIMES General News Highlights

1. As security measures for the NPC (the National People's Congress) and CPPCC (Political Consultation Congress), starting today cars coming from outside Beijing will be checked one by one. 05

CHINA DAILY General News Highlights

1. Diaoyu row will not derail ties. Foreign ministers try to defuse tension caused by Aso's remarks.

China and Japan agreed over the weekend that their conflicting claims over the Diaoyu Islands should not undermine overall bilateral relations.

2. Chang'e 1 ends lunar mission with a bang.

China's lunar probe ended its 16-month mission with a controlled crash onto the moon yesterday, officials said.

3. Wen: We'll do whatever it takes to fight crisis.

The global financial crisis has not yet hit bottom, Premier Wen Jiabao has warned, promising that the government is "ready to take firmer and stronger action whenver necessary".

4. Trade team spends $13b in Europe.

A high-powered trade delegation ended its European shopping trip over the weekend, signing deals worth more than $13 billion in four countries.

5. Curator in Taipei for relics loan.

The curator of the Beijing Palace Museum began a high-profile visit yesterday to arrange an exhibition of 29 Qing Dynasty relics from the mainland in Taiwan, the first joint cultural program in 6 decades.

5. Govt formulating food safety rules.

The State Council is drafting detailed rules to accompany the just-passed Food Safety Law to ensure its implementation starting June 1, Li Yuan, with the National People's Congress Standing Committee's legislative affairs commission, said yesterday.

6. Stop overseas sightseeing, officials told.

The government issued a circular yesterday ordering officials at all levels not to spend public money on sightseeing overseas.

JING HUA TIMES Finance News Highlights

1. 1000 Fou drums (Fou is an ancient Chinese instrument thousands of years ago discovered in Shanghai) from 2008 Beijing Olympics is going to attend public auction next month. 33

2. Branch of Beijing Industrial and Commercial Bank offers a one-stop (no evaluation and guarantee fees) service for applying a second-hand housing loan. 34

3. The newly-opened department of small and medium-sized enterprises of Bank of China announced yesterday, they are the first financial department who serve such a group of enterprises. 34

4. The board of Southern Airlines passed a 3 billion RMB capital proposal yesterday. 35

5. The State appropriated on passing a proposal about anti-importing Chinese poultry. China shows strong dissatisfaction. 34

CHINA DAILY General News Highlights

1. Govt on track to reach GDP growth goal.

China has conditions, confidence to achieve 8% target despite crisis. The government is confident of achieving its goal of 8 percent GDP growth this year, despite the global financial crisis, a senior official said on Friday.

2. China protests Japan's Diaoyu Islands stance.

China lodged yet another protest with Japan on Friday over Japanese Foreign Minister Hirofumi Nakasone's remarks that the Treaty of Mutual Cooperation and Security between Japan and the United States was applicable to China's Diaoyu Islands as well.

3. Public engagement key to better image: Spokesman.

For Zhao Qizheng, 2008will be remembered as the year when China made a mark in "public diplomacy". That is because, last year, the government disseminated timely and accurate information to the public on such major events as the Beijing Olympics, the destructive snowstorms and the devastating May 12 earthquake, Zhao told China Daily yesterday.

4. Prisoner was beaten to death.

The man who died in custody in what police said was a "game of hide-and-seek gone wrong" was actually beaten to death by fellow prisoners, a Yunnan Provincial inquiry has found.

5. Stocks see worst week in Feb.

Shares fell for a second straight day on Friday on the Chinese mainland, wrapping up the market's worst week this year. The benchmark Shanghai Composite Index lost 38.4.

6. Corrupt official gets death.

CHONGQING: A disgraced planning official from CHONGQING was sentenced to death with a two-year reprieve on Friday after being found guilty of corruption.

JING HUA TIMES Finance News Highlights

1. The 1000 Fou drums (Fou is an ancient Chinese instrument discovered thousands of years ago in Shanghai) used in the 2008 Beijing Olympics are going to be publicly auctioned next month. 33

2. A Branch of Beijing Industrial and Commercial Bank offers a one-stop service (no evaluation and guarantee fees) for applying for mortgages on second-hand houses. 34

3. Bank of China announced yesterday its newly-opened department for small and medium-sized enterprises; this is the first financial department that serves this target group. 34

4. The board of Southern Airlines passed a 3 billion RMB capital proposal yesterday. 35

5. The USA allocated funds for facilitating the approval of the proposal against Chinese poultry imports. China shows strong dissatisfaction. 34