Top 'red capitalist' dies

RONG Yiren, former vice-president of China, died last night in Beijing
at the age of 89, China Central Television announced at noon today.

Rong was the founder, former chairman and president of the CITIC Trust
and Investment Co, which was established in 1979 with the approval of
the State Council, and has become a window on China's opening up to the
world.

In 1957, Rong was praised as a "red capitalist" by then vice premier
Chen Yi. In 1986, he was listed in the top 50 world famous entrepreneurs
by Fortune magazine. In 1992, he was credited as "honorary citizen" of
California, in the United States.

He was elected vice chairman of the 6th and the 7th Standing Committees
of the National People's Congress, the top legislature of the country,
and vice chairman of the 5th China People's Political Consultative
Committee, China's top advisory body.

Rong, who was not a Communist Party member, also served important
positions at China's central government agencies for about 50 years
since the founding of the People's Republic of China in 1949.
(Zhang Xiaobin, Oct 27, 2005, Beijing Time)

50 billion yuan suspend death penalt

China, 2005.
China Peking famous plutocrat, China Young League Constant Member, Yuan Baojing, who was sentensed death penalt for voluntary mans-laughter, saved his life at the last moment when the death sentence was carrying out last week, all these things seems to be a drama.

Yuan hired a killer to murder Wang Xing, an operative police captain who plays good game in both White and Black society, with premeditated malice on Oct 4, 2003. And later, he hired another killer to murder the first hired killer. Yuan told her the password of his account deposited in a Switzerland bank, and make certain she is the only legal heir of the mint estate.

Reported by Hongkong Cheng newspaper that the death sentense was ceased emergently when it was to be carried out forenoon on Oct 14, 2005. His second wife Zhuo Ma, China famous dancer, the professor of Center Nation University, together with Liu Jiazhong, the lawer of Peking thinli lawer office, were permitted to see him, the forenoon on that very day.

Yuan also transferd his stocks to Zhuo Ma in several companies of US, Hongkong. Some files show that Yuan act as the largest shareholder and holds 40 percent of a Indonesia company that exploit oil, these stocks will valued 49.5 billion RMB calculated with the global oil price.

Zhuo Ma then becomes the permier woman plutocrat in asia.

Kiangshan attracted 348 new projects and 2.5 billion RMB outer investment in the first 3 quarters

Reporter, Kiangshan attracted 348 new projects and 2.5 billion yuan (US$310 million) outer investment in the first 3 quarters

Welcome to kiangshan, Chekiang province, China mainland

kiangshan is a beautiful city lies on East China Chekiang Province, near
the Pacific and East China Sea.

The name of the city "kiangshan" means "rivers and mountains", just as
its name implies, there are beautiful mountains and rivers within this
land. the Kianglang mountain, shown in the pictures, is one of the most
splendid scene in China.

China has new spacecraft orbiting the Earth

China launched its second manned space mission, sending two astronauts into orbit as it opened a new chapter in its ambitious drive to become a golbal space power.


China's second manned spacecraft Shenzhou VI blasts off into the sky Wednesday morning October 12, 2005. The craft, carrying astronauts Fei Junlong and Nie Haisheng, is expected to orbit the Earth for five days.

China's latest space mission comes two years after a successful inaugural manned mission in 2003 and 48 years after then leader Mao Zedong lamented that his country was incapable of putting a potato into space.