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BEIJING, Dec. 7 (Xinhua) -- China said on Tuesday it would fulfill its obligations to the UN Convention Against Corruption.He Yong, deputy secretary of the Central Commission for Discipline Inspection (CCDI) of the Communist Party of China (CPC), made the remarks at a meeting.He said that China would give priority to fulfilling its binding obligations to the convention and improving its anti-corruption laws and regulations.He also stated that China would advance international cooperation on anti-corruption measures and learn the best international practices to advance China's anti-corruption efforts.The Tuesday meeting reviewed progress China made in fulfilling the UN Convention Against Corruption and outlined plans for the next stage in the battle.

BEIJING, Jan. 17 (Xinhua) -- The China Banking Regulatory Commission (CBRC) announced Monday that it will guide the nation's banks to a scientific pace of lending this year as it stressed bank loans should better serve the real economy.The CBRC said in a statement on its website that it will also expand and improve financial services in the country's rural areas and encourage banks to support borrowing activities from small-sized companies.The CBRC said it will carry out more studies in stepping up support for the country's affordable housing program, which aims to build 10 million affordable housing units for low and middle income residents this year.The commission also said it will continue to implement the differentiated home loan policy adopted last year, under which bank loans for third home purchases are suspended and down payments for all first-time home buyers are at least 30 percent of the purchase price, while second home buyers will have to pay an even higher amount of down payments, at 50 percent.Further, the CBRC said it would tighten controls over lending to local government's financing vehicles in order to ward off risks.Government data showed new yuan-denominated lending in China reached 7.95 trillion yuan (about 1.2 trillion U.S. Dollars) last year, overshooting the government's full-year target of 7.5 trillion yuan.

BEIJING, Jan. 4 (Xinhua) -- Remote villages across Yongning County of northwest China's Ningxia Hui Autonomous Region have been connected to a safe water supply thanks to a newly-completed water project.The project, launched in August 2010 and concluded on Nov. 27, has ensured that 100,000 people in 44 villages of Yongning will have access to safe water for drinking.People in the county had long suffered from a severe shortage of safe water because the area's surface water contained excessive amounts of fluorin and iron.The project was initiated after local authorities increased their efforts to provide safe drinking water after Chinese President Hu Jintao visited the region.During an inspection to a well-drilling site at Yuanlin Village of southern Yongning on March 23, 2010, President Hu stressed that efforts be made to ensure more people have access to safe water supplies.

XIANGTAN, Hunan, Dec. 1 (Xinhua) -- Experts and rescuers said Wednesday there was little hope of finding seven miners trapped underground alive after a coal mine was flooded nearly one day earlier in Hunan Province.The flood happened at 11:38 p.m. Tuesday in a pit at the Yide Coal Mine in Xiangtan County, trapping seven miners at a depth of 89 meters, said Zhao Jun, one of the experts involved in the rescue operation.The miners were believed to be stranded in a tiny area and it is possible they have drowned, said Zhao, who is also the chief engineer of Hunan's Coal Industry Bureau.In addition, the oxygen density was tested to be 8 percent at a depth of 83 meters in the flooded pit, indicating less oxygen at the level where the miners were trapped, which increases the possibility of suffocation, rescuers said.However, rescuers are still trying to install more pumps to drain the water.A spokesman with the emergency rescue headquarters said Yide, a small mine that had doubled its annual output to 60,000 tonnes after recently merging with a neighboring mine, had been warned due to safety concerns, both orally and in writing, over the past four weeks.Senior executives and major shareholders of the mine are now in police custody.

NINGBO, Dec. 7 (Xinhua) -- Chinese Vice Premier Li Keqiang said Tuesday that more efforts should be made to boost the quality and efficiency of China's economic growth and enable all people to enjoy the fruits of the country's reform and opening-up.Li made the remarks at a seminar on drawing up the nation's 12th Five-Year (2011 to 2015) Program in Ningbo City of east Zhejiang Province, which was also attended by top officials of several provinces.The key to grasping the development opportunities and meeting the challenges is accelerating the transformation of China's economic growth pattern, said Li.Li noted that strategic economic restructuring is the key to realizing the transformation and he called for more efforts to boost domestic demand,especially consumption demand, while expanding the opening-up policy.Chinese Vice Premier Li Keqiang (L) speaks at a seminar on drawing up China's 12th Five-Year (2011 to 2015) Plan in Ningbo City, east China's Zhejiang Province, Dec. 7, 2010.He also urged more efforts be made to strengthen the role of innovation in driving growth, quicken the upgrading of traditional industries, develop strategic emerging industries, push forward the service sector, and conserve resources and protect the environment.Another major task of the transformation of China's economic growth pattern is to accelerate the development of social causes and enable urban and rural populations to enjoy the results of the nation's development, said Li.He also said the current task for the government is to maintain stable and relatively fast economic growth, restructure the economy and stabilize consumer prices.