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BEIJING, Aug. 5 (Xinhua) - The People's Bank of China (PBOC), also known as the central bank, said Thursday it would maintain its moderately loose monetary policy and enhance financial supports to boost the economy's sustainable development.The bank will apply multiple monetary tools to keep an appropriate growth in money supply in a bid to strike a balance between meeting the need of funding economic development and managing the inflation expectation, the PBOC said in a statement posted on its website.The PBOC reiterated it would maintain continuity and stability in monetary policy while, at the same time, making the policy more specific and more flexible.It vowed to improve the yuan's exchange rate mechanism, and increase financial support to promote the transformation of the economic growth pattern and adjustment of the economic structure.China's broad money supply (M2), which covers cash in circulation and all deposits, increased 18.5 percent year on year to 67.39 trillion yuan by the end of June, which marked a slowdown from the 21 percent increase at the end of May, the PBOC said.During the same period, narrow money supply (M1), cash in circulation plus current corporate deposits, climbed 24.6 percent from a year earlier to 24.06 trillion yuan, representing a decrease of 5.3 percentage points from the end of May, according to the PBOC.The bank also warned of potential domestic inflation risks due to complicated situations both at home and abroad.Increases in the costs of labor and environmental requirements, combined with continuing progresses in the reforms in the prices of resource products, will likely impact the inflation expectation.Meanwhile, the central bank pointed out that external 'hot money' may push up price hike pressures."The global monetary situation is relatively loose, as nations across the world have been prudent in their stimulus exits due to continuing uncertainties in the economic recovery. Excessive money is likely to seek various outlets, adding potential risks of inflation expectations," the PBOC said in its statement.

BERLIN, July 29 (Xinhua) -- China is gradually learning and absorbing ideas on human rights that can grow on its soil, and remains opposed to attempts by the West to impose its standards on China, says Chinese Vice Foreign Minister Fu Ying.In a recent interview with the German weekly newspaper Die Zeit, Fu said it seems "controversial and illogical" that Western countries acknowledge China's economic success and contributions to efforts against the global financial crisis, while "definitely" turning a blind eye to China's political progress.It seems as if the West wants to say that China has achieved all these without the leadership of the government and the Communist Party, maybe in total anarchy, Fu said."I still remember when I was an interpreter in the 1980s, human rights was always on the menu in our dialogues and our European guests brought lists of names with them," she said."Thirty years later, China has moved on, and so much has changed. In 2004, protection of human rights was incorporated into China's constitution. Many relevant laws and rules have been amended accordingly," Fu said.However, European delegations still come to China with the same stance, accusing China in a commanding way, Fu said."I really don't hear much mentioning of China' s human rights progress," she said.Yet, those political extremists seem to be presenting the whole picture of China's human rights for European countries, she said.Fu believes that to know the real China, it's not enough to "single out things you are interested in, or only listen to people who talk your talk."The most important is to look at the benefits of the majority of the people, she said.

ZHOUQU, Gansu, Aug. 12 (Xinhua) -- The death toll in the massive mudslide in northwest China's Gansu Province has risen to 1,144, with 600 still missing as of 4:30 p.m. Thursday, the provincial department of civil affairs said late Thursday.The toll rose from 1,117 on Wednesday.Overnight downpours triggered new floods and mudslides to the mudslide-devastated town of Zhouqu in Gannan Tibetan Autonomous Prefecture, leaving three people missing.Floods also have left eight people dead and eight others missing in two counties in Gannan's neighboring city of Longnan on Thursday.

BEIJING, June 12 (Xinhua) -- China's Health Ministry on Saturday called for heightened measures against the possible spread of bird flu virus after a woman in central China died from the disease on June 3.The ministry urged health authorities at all levels to increase prevention and control measures on respiratory diseases as the country's southern areas are entering into the peak flu season.Health authorities at all levels, especially in Shanghai and Guangzhou, host cities respectively for the 2010 World Expo and the Asian Games, were asked to formulate emergency plans to cope with the possible spread of the disease, according to a notice posted on the ministry website.Health authorities at all levels should report and respond quickly to unidentifiable pneumonia, it said, adding they should also prepare medical equipment and pharmaceuticals to cope with possible outbreaks of respiratory diseases, such as bird flu.Health authorities in Shanghai, Guangzhou, quake-hit Yushu in Qinghai Province and southern provinces plagued by floods were also asked to coordinate the assistance of experts to take effective measures on disease prevention and control.

SHANGHAI, June 24 (Xinhua) -- Chinese Vice Premier Li Keqiang called for more efforts to accelerate China's urbanization Thursday, as part of the government's efforts to promote economic restructuring and expand domestic demand during this process.Li made the remarks at a training course in Shanghai, saying China's urbanization, which still has much room for expansion, is China's largest source of domestic demand as well as the largest potential driver for development.Further, urbanization would bolster domestic demand, improve people's livelihoods and solve rural problems, Li said.Li noted that China would coordinate development among cities and towns, and step up development of cities in China's central and western regions, while prioritizing development in eastern cities.Chinese Vice Premier Li Keqiang (6th L, front) poses for a group photo with the participants of a training course on urbanization, in Shanghai, east China, June 24, 2010. Li demanded more efforts to solve issues for rural workers including settlement, education for children, housing and social security during the urbanization process.To steadily push forward urbanization in China is an urgent job at present and also a long-term task, Li added.The government said in March that China's rapid urbanization would continue for 15 to 20 years and China would become an urban society in five to six years, with the urbanization rate reaching or exceeding 50 percent.