Honored Artist
Tan Jing, China's well-known singer, was honored as one of the 2011 China Cultural figures, a prize jointly conferred by the Chinese Culture Promotion Society and Phoenix TV in Hong Kong
Grassroots Star
Isaac Hou, a Chinese American street performer, was chosen to perform at the 2012 CCTV Spring Festival Gala, a popular TV variety show during the Chinese New Year
Former Football Head
Xie Yalong, former Vice President of the Chinese Football Association, is facing an upcoming trial as China started the long-awaited trials for soccer corruption

"The central bank must learn lessons from the global financial crisis to better handle the intensity, pace and focus of financial macrocontrol."

Zhou Xiaochuan, Governor of the People's Bank of China (PBOC), in Beijing on December 21, reiterating that the PBOC will continue to implement prudent monetary policy in 2012

"The China Development Bank (CDB) takes the initiative to issue yuan-denominated bonds through the Central Moneymarket Unit (CMU) bid as the first mainland financial institution. This is a positive exploration in the mechanism of bonds issuance and is a meaningful measure to facilitate market development."

Gao Jian, Executive Vice President of the CDB, speaking after the bank announced its issuance of yuan-denominated bonds in Hong Kong through the CMU of the Hong Kong Monetary Authority in Hong Kong on December 21

"The upcoming 2012 is a make-or-break year for the world economy. The economy will be either 'muddling through' or falling back to a renewed recession. There is simply no way in between and the key is how policymakers will act in the face of current crisis."

Hong Pingfan, Chief of Global Economic Monitoring in the Department of Economic and Social Affairs (DESA) at the United Nations, in an recent interview with Xinhua News Agency in New York

"It will be focused on jobs, and that is a big challenge in the context when zero growth is expected in most of our economies. We must take strong action on employment. Bringing financial stability to the euro zone remains absolutely the key for our future."

European Council President Herman Van Rompuy, in a video address in Brussels on December 20, saying that the next EU summit will be held on January 30, 2012

"No, our view has not changed that Assad needs to step down, that he is not the man to lead his country into the future."

Victoria Nuland, spokeswoman of the U.S. State Department, at a regular news briefing in Washington D.C. on December 20, calling for the Syrian president to step down, even as the Arab nation agreed to allow in Arab monitors

 
ON PATROL Chinese patrol ship Haijian 50 takes part in a joint sea and air patrol in the East China Sea on December 17, 2011 (ZHANG JIANSONG)
Completed Relocation
The resettlement of about 92,000 residents originally living around the Danjiangkou Reservoir in central China's Hubei Province, a source of the south-north water diversion project's middle route, has been completed
Green Targets
Minister of Environmental Protection Zhou Shengxian signs agreements on emission reduction targets with provincial-level governments and major state-owned enterprises
more>>
MAGIC SHOW
French magician Nestor Hato performs at the Eighth China Acrobatics Golden Chrysanthemum Award in Pingdingshan, Henan Province on December 19 (LI AN)
MANUAL CONTEST
Teenagers take part in a model-building competition in Suzhou, Jiangsu Province, on December 17 (HANG XINGWEI)
TAKING OFF
A Long March 3B (CZ-3B) carrier rocket carrying Nigerian satellite Nigcomsat 1R lifts off at the Xichang Satellite Launch Center in Sichuan Province on December 20 (IC)
WINTER PARADISE
Migrating swans from Siberia rest at a wetland along the Yellow River in Sanmenxia, Henan Province, on December 19 (ZHU XIANG)
 
NEW DUTY-FREE STORE Travelers walk in the Meilan Airport Duty Free Store on its opening day on December 21. It's the second store of its kind to open on Hainan island following the first one in Sanya (GUO CHENG)
SOE Profits
The combined profits of China's stateowned enterprises and state-holdings companies rise 13.7 percent year on year to 2.04 trillion yuan in the first 11 months of the year
Toy Orders Plunge
Most of the toy businesses in Shenzhen of Guangdong Province have seen 20-30 percent drops in overseas orders this year due to the economic downturns in Europe and the United States
more>>
Kick-Starting RQFII
China has recently released rules for the Renminbi Qualified Foreign Institutional Investors pilot program, allowing offshore yuan funds to invest in domestic securities markets
Housing Downturn
The real estate market continues to lose strength as reflected by nationwide home price declines
Shedding U.S. Assets
China reduced its holdings in U.S. Treasury securities by $14.2 billion in October
more>>
  • INDIA
    A patient is carried on a stretcher at a Calcutta hospital on December 15 after drinking poisonous liquor. A batch of home-brewed liquor possibly laced with a lethal dose of the highly toxic chemical methanol killed 170 people in eastern India (CFP)
  • IRAQ
    U.S. soldiers wait to leave Iraq on the outskirts of the southern Iraqi city of Nasiriyah on December 17. As the last U.S. troops pulled out, the eight-year-long Iraq war came to an end (XINHUA/AFP)
  • JAPAN
    A solar energy scooter at an eco-product exhibition in Tokyo on December 16. Energy-saving and new energy products have gained popularity in Japan because of power shortages following the March 11 earthquake (XINHUA)
  • ARGENTINA
    Officials inspect cocaine seized by Argentine police in Buenos Aires on December 20 (XINHUA)
  • SWITZERLAND
    Russian Minister of Economic Development Elvira Nabiullina (left front) and WTO Director General Pascal Lamy hold the protocol documents during a signing ceremony on Russia's accession to the WTO on December 16 in Geneva. Russia secured the final approval to join the WTO after 18 years of trying (XINHUA/AFP)
  • THE PHILIPPINES
    Residents work among the debris in Cagayan de Oro on the southern island of Mindanao on December 18. Philippine authorities said devastating floods triggered by Typhoon Washi had killed 957 people as of December 20 (XINHUA/AFP)
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