Best Venture Capitalist
Shen Nanpeng (Neil Shen) one of the founders and managing partners of Sequoia Capital China, ranked first on the 2011 Top Venture Capitalists in China by the Chinese edition of Forbes magazine
Brave Altruist
Lu Mingyu, a 37-year-old worker in Wendeng, Shandong Province, has moved many Chinese with her selfless deeds of donating hemopoietic stem cells twice to a leucocythemia patient
New Energy Hero
Chinese solar-power entrepreneur Huang Ming received the 2011 Right Livelihood Award, also known as the Alternative Nobel Prize, in Stockholm, Sweden

"China is willing to bear the obligations of a legally binding commitment matched with China's economic development and capabilities based on the principle of common but differentiated responsibilities, fairness and environmental integrity."

Xie Zhenhua, Vice Chairman of the National Development and Reform Commission of China, who led a Chinese delegation to the UN Climate Change Conference, said at a meeting in Durban, South Africa, on December 5

"The argument that China should rescue Europe does not stand, as reserves are not managed that way. Foreign reserves aren't domestic income or money that can be disposed of by the premier or finance minister."

Chinese Vice Foreign Minister Fu Ying, at the Lanting forum held by the Ministry of Foreign Affairs of China in Beijing on December 2

"The U.S. has always asked China to be transparent about its strategy. It is the U.S. that should make its intentions clear."

Major General Luo Yuan, from the People's Liberation Army Academy of Military Science of China, in an interview with China Daily reporters during a meeting between high-ranking military officers from China and the United States in Beijing on December 6

"We want to make sure that the imbalances which led to the situation in the euro zone today cannot happen again. Therefore we want a new treaty, to make clear to the peoples of Europe, members of Europe and members of the euro zone, that things cannot continue as they are."

French President Nicolas Sarkozy, telling a news conference after a meeting with German Chancellor Angela Merkel in Paris, France on December 5 that the two countries agreed on a series of reforms aimed at changing the EU treaty to impose tough control of euro zone budgets

"It (the new budget) will include, among other initiatives, a new system of loan guarantees which will enable banks to resume lending and a new microfinance scheme which will help people to start their own businesses. This will allow small firms to take on one or even two employees."

Irish Prime Minister Enda Kenny, calling for tougher measures for next year's budget in a televised address to the nation in Dublin, Ireland on December 5
 
SHARED COMMEMORATION Chinese Vice President Xi Jinping (center, back) and former U.S. President Jimmy Carter (6th left, back) watch a friendship match during an activity marking the 40th anniversary of Ping Pong Diplomacy in Beijing, on December 8 (YAO DAWEI)
Military Exchanges
Deputy Chief of General Staff of the Chinese People's Liberation Army, Ma Xiaotian, and U.S. Under Secretary of Defense for Policy, Michele Flournoy, led their respective delegations at the 12th round of China-U.S. defense consultation talks in Beijing
Satellite Development
China will develop the third-generation Fengyun series of weather satellites to monitor meteorological changes more accurately and to help tackle climate change
more>>
RAIL SERVICE
The inaugural train is set to depart from Fuyuan, China's easternmost county, on December 6, as a new line was opened linking it to the country's rail network (ZOU DAPENG)
NEW ROLE
On December 5, former NBA All-Star center Yao Ming is appointed vice president of the Shanghai Public Diplomacy Association, an organization aimed at enhancing international communications (FAN JUN)
SKILLFUL HANDS
Students at a primary school in Yiwu, Zhejiang Province, learn papercutting from a volunteer teacher on December 6 (XU YU)
IN TRAINING
Veterinarians from the mainland, Hong Kong and Macao hold their first joint animal emergency drill in Guangdong Province on December 6 (CHEN YEHUA)
 
PIECING TOGETHER A steel box girder is fixed onto the Fourth Yangtze River Bridge in Nanjing, Jiangsu Province on December 3. The 29-km-long bridge will be completed by the end of 2012 (XINHUA)
Foreign Trade White Paper
The State Council Information Office on released a white paper titled China's Foreign Trade, highlighting the country's achievements in boosting foreign trade and contributing to the world economy
Shougang's New Base
China's state-owned steel maker Shougang Group launched a project to build a 1.8 billion ringgit integrated steel mill in Malaysia through a joint venture with Hiap Teck Venture Berhad, one of Malaysia's largest steel pipe makers
more>>
Insurance Challenge
Foreign insurers expect little progress in expanding their market share in China in the next three years as competition from local rivals intensifies
Buying Spree
Chinese firms are revving up their dealmaking machines in the hunt for overseas energy resources
Non-manufacturing Gloom
China's non-manufacturing industries, those largely in the service sector, are reeling from a prolonged slowdown, indicating downside risks for the broader economy
more>>
  • ITALY
    Italian Prime Minister Mario Monti (left) attends a press conference in Rome on December 4 after the adoption of a 30-billion-euro ($40 billion) austerity and growth package (XINHUA/AFP)
  • FRANCE
    A restorer at work on a painting in the Palace of Versailles outside Paris. The whole restoration project began in 2003 and is expected to finish in 17 years with a total cost of 350 million euros ($470 million) (XINHUA/AFP)
  • GERMANY
    Anti-war protesters demonstrate at an international conference on Afghanistan in Bonn on December 5. The conference called for greater international support for the war-torn nation (MA NING)
  • THE PHILIPPINES
    Environmentalists identify and measure chemical elements in toy products in Manila on December 6. The event aimed to encourage consumer vigilance against toys containing chemicals that can endanger a child's health (XINHUA/AFP)
  • RUSSIA
    Election workers count votes in Russian parliamentary elections at a polling booth in Moscow on December 5. The ruling United Russia Party gained 238 out of the total of 450 seats in the State Duma, the lower house of Russia's parliament (XINHUA)
  • THE UNITED STATES
    U.S. Postal Service (USPS) staff help customers at a post office in San Francisco on December 5. The USPS will slow delivery in an effort to cut costs and avoid bankruptcy (XINHUA/AFP)
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