•You will hear five reporters, reporting daily business news. •For each ex

Speaker One
Man: Good morning.  This is Daily Business Report. Shanghai gets western gas. Gas started pumping through the huge West-to-East Natural Gas Pipeline on Friday, sending gas from the Tarim and Chongqing gas fields in western Xinjiang and Shanxi Provinces to Shanghai. At 9:00 am on National Day, PetroChina President Jiang Jiemin pushed a button at a gas compression station at Jingbian in Northwest China’s Shanxi Province to launch the 4,000-kilometre-long pipeline Construction of the pipeline began on July 4, 2002 and cost more than 140 billion yuan (US $16.9 billion). It will transmit 12 billion cubic meters of gas a year.
   Speaker Two
Woman: China and Russia are going to build hi-tech parks. President of Chinese Academy of Sciences (CAS) Lu Yongxiang said in Beijing Thursday that his academy and the Academy of Sciences of Russia (ASR) planned to build hightechnology parks both in Northeast China and in Russia’s Novosibirsk. Representatives from CAS Changchun Academy and the ASR Siberia Academy signed a memorandum on seven cooperative projects Thursday morning at CAS headquarter.  While carrying out the new form of science and technology cooperation in building the hi-tech parks, Lu acknowledged, the two sides need to start appropriate research projects on the principle of equality and reciprocity. N. L. Dobretsov, vice ASR president who aim heads ASR Siberia Academy, said the hi-tech parks will epitomize increased cooperation between Russian and Chinese science communities.
   Speaker Three
Man: Shanghai Volkswagen Corporation declared Tuesday a price-cutting plan for its car parts aiming to increase its market share in China. According to the plan, hundreds of components for Passat and Polo, its two dominant cars in China, will get large price cuts of between 25 and 80 percent starting Oct. 1. The price adjustment "will offer more preferential prices and lower the maintenance costs for consumers" as the corporation has formed "batch-produced ability for components" and set up an "after-sale service network" around the country, said a company spokesman. The spokesman said insurance premiums and purchasing and usage costs will also decline. Consequently, the two cars will become more competitive and help consumers regain confidence in the car market. China’s car market is price-sensitive, but experts noted that price cuts only have short-term effects.  In the long run, other factors will win out. Shanghai Volkswagen is one of the top car sales companies in China.
   Speaker Four
Woman: China strives to build the "remanufacturing" industry as one of its pillar manufacturing industries, said Xu Binshi, member of the Chinese Academy of Engineering, in Beijing Wednesday. "China will also set up related auxiliary industries, aiming to promote the national economy and realize re-employment and sustainable development," said Xu at a national workshop on "recycled economy".  He went on to say that remanufacturing and self-renovation are considered in China’s medium and long-term plans as a priority development theme and a key technology in the manufacturing sector. From the 1990s on, there have been enterprises in China studying remanufacturing, said Xu. Although the remanufacturing project is yet to be mature, he said, it is a "sunrise industry" and a potential giant industry, which has the ability to improve the quality and performance of products, reduce material consumption, save energy resources and protect the environment. Xu added that the crucial step of putting forward China’s remanufacturing industry is to establish relevant laws and standardize business activity and market operation.
   Speaker Five
Man: China plans to regulate fireworks industry. The Chinese government is planning to strengthen safety supervision over its scattered fireworks manufacturers to reduce the rising risks of accidental fireworks explosions. Sun Huashan, deputy director of the State Administration for the Supervision of Production Safety, said at a national fireworks safety conference held in Liuyang, Hunan Province that the incomplete safety supervision system in China’s fireworks industry is the main reason for explosions. Sun said China’s fireworks industry is still in need of regulation, and that safety supervision system in the whole is still weak.