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BEIJING, Dec. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang has said finance should play a vital role in the country's macro control policies, while ensuring and improving people's livelihoods should be the priority of public finance.Li, speaking Monday at a national finance work conference, said China would stick to its proactive fiscal policy in 2011 and better handle relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, according to a statement released on Tuesday.The country will also put more focus on stabilizing overall commodity prices and promoting a balance between supply and demand to ensure basic livelihoods for residents, Li said.Chinese Vice Premier Li Keqiang (C) speaks at a national finance work conference in Beijing, capital of China, Dec. 27, 2010. He pointed out that finance should play a larger role in accelerating the transformation of the country's economic development pattern.Fiscal policies should focus on boosting domestic consumption, increasing fiscal and taxation support to innovation, energy saving and industrial upgrading, and deepening the reforms in fiscal and taxation systems to make the systems conducive to the country's scientific development, Li said.China should improve the structure of fiscal expenditure and give fiscal policies full play in adjusting income distribution to improve people's livelihoods, he said.Further, Li said the country would build more affordable housing, step up supervision of the property market, curb speculation and increase its supply of commercial housing.China planned to build 10 million government-subsidized affordable housing units next year, almost doubling this year's target of 5.8 million units.
BEIJING, Nov. 25 (Xinhua) -- Chinese Premier Wen Jiabao's visits to Russia and Tajikistan helped enhance mutual trust, deepen cooperation and promote development, said Chinese Foreign Minister Yang Jiechi late Thursday.From Monday to Thursday, Wen paid official visits to Russia and Tajikistan. He also attended the 15th regular meeting between Chinese and Russian prime ministers in Russia and the ninth Shanghai Cooperation Organization (SCO) prime ministers' meeting in Tajikistan.Yang described the visits as a major diplomatic action of China in the Eurasia region when the world situation is undergoing complex changes.Chinese Premier Wen Jiabao (C, front) attends the prime ministers' meeting of the Shanghai Cooperation Organization (SCO), in Dushanbe, Tajikistan, Nov. 25, 2010.Wen's visits were aimed at strengthening solidarity and mutual trust, deepening mutually beneficial cooperation, and boosting common development, which are shared desires of all member countries of the SCO, he said.During Wen's visits, China signed a total of 50 bilateral and multilateral documents with the related parties.
GUIYANG, Dec. 5 (Xinhua) -- At least six people were killed and 34 others injured in an explosion that ripped through an Internet cafe in southwest China's Guizhou Province Saturday night, according to local police.The explosion occurred at around 10:30 p.m. in an Internet cafe in the downtown area of the Kaili City of Miao-Dong Autonomous Prefecture of Qiandongnan, said Guizhou's provincial public security department.Victims have been pulled out of the debris and the injured rushed to hospitals, said the department.Rescue workers at the scene said the powerful blast had turned the cafe into "complete ruins" and also destroyed windows of nearby residential buildings.The police are investigating the cause of the explosion and search and rescue work is still underway.
LONDON, Jan. 14 (Xinhua) -- The British business sector was pleased at the successful visit this week of Chinese Vice Premier Li Keqiang which concluded on Wednesday.During the four-day visit, Li signed business agreements with an estimated value of more than 4 billion U.S. dollars with the British government."China is vital to the UK economy. China is now the world's largest goods exporter and the UK's largest goods export market outside the U.S. and EU. We are keen to realize the immense potential for deepening and broadening areas of commercial cooperation," said British Minister of State for Trade and Investment Lord Green during the visit.The British coalition government was faced with a near-record public spending deficit of 149 billion pounds (about 236.5 billion dollars) and has chosen to tackle it immediately with the deepest set of cuts to public spending since the Second World War.In such an economic climate, Vice Premier Li's visit to Britain brought welcome contracts but it also brought wider agreements that will bear fruit over a longer period, and that has been hailed as a great success.In an interview with Xinhua after Li's visit, Andy Scott, director international of the Confederation of British Industry (CBI), hailed the visit's success, the achievements of the deal itself, and the longer-term prospects which were very positive.Commenting on the visit, and on the wider China-British relationship, he said, "in the long-term prospects are very positive. They are positive on the political front, they are positive on the business front. And from a political point of view I think it is very telling that this government here in the UK ... has made international trade investment one of the top priorities for Prime Minister David Cameron and right across his Cabinet."Scott said that Cameron's visit to China last November, when he headed the largest trade delegation from Britain to China and the largest ministerial delegation, was a sign of Britain's keenness to do business with China. Scott said he believed there were more ministerial visits planned."That's all extremely positive and I think it demonstrates that at a political level as well as at a business level, China is seen strategically as being a crucially important partner for the UK, and I think this visit -- this very successful visit this week -- will only further help to reinforce that relationship," he added.The headline-grabbing part of Li's visit, apart from the loan of the pandas, was the largest single deal announced this week, allowing the import of 40,000 Jaguar Landrover vehicles into the Chinese market.Scott hailed this as demonstrating "the continuing strengths and this continuing strengthening" of the Sino-British relationship.The monetary value of deals announced was important, but Scott stressed the importance of framework deals which were agreed upon during Li's visit."They weren't necessarily contracts that were being signed there and then, yesterday or today. They were setting the framework and they will themselves be providing further opportunities to develop on those frameworks," he said.In addition, he stressed "professional services, the retail sector, design, the creative area, and the whole engineering consultancy arena" where Britain has goods which China wants in its infrastructure development.Scott particularly welcomed Chinese investment into Britain, and hoped that it would continue the momentum achieved recently."We are increasingly seeing China now investing directly in UK companies and that we see as being very positive," he said.That was now "a further example of where the whole relationship with China is changing; it is not just about physical goods, it is about investment, it is about capital coming into the UK," he added.
ISLAMABAD, Dec. 19 (Xinhua) -- Chinese Premier Wen Jiabao's latest visit to Pakistan will further enhance the all-weather strategic relationship between the two countries, Pakistani media said Sunday.Pakistan's media gave extensive coverage to Wen's visit. They made special reports highlighting various aspects of the China-Pakistan friendship and the assistance of both countries extended to each other in disaster management.The strategic partnership will be advanced as a package of agreements were signed during Wen's three-day visit, the official news agency Associated Press of Pakistan (APP) reported."Chinese support for the youth mobilization, reconstruction plan for flood affected people and strengthening of economic ties are laudable steps which will directly benefit the people of Pakistan," Pakistani federal minister for women development Firdous Ashiq Awan told APP.Wen's visit has opened a new chapter in bilateral ties, she added.China extended full support to Pakistan's sovereignty, security and political integrity besides extending strong support in economic cooperation, Foreign Secretary Salman Bashir was quoted as saying by local newspaper Daily Times.Pakistan and China signed a series of agreements to cement the pragmatic economic and trade cooperation, which will take the bilateral political trust and understanding to a new high, DAWN newspaper reported.Tariq Puri, chief executive of the Trade Development Authority of Pakistan, told DAWN that there was great scope for consolidating trade between the two countries, adding the current business summit would definitely pave the way for its increasing.The visit of Chinese premier to Pakistan will bolster confidence in facing current challenges, international affairs experts told local media.The visit would send a reassuring signal to Pakistan, which is surrounded by a host of problems, challenges and difficulties. Over the decades, China has been a trusted and reliable friend of Pakistan and has been always ready to help it when in need, Riffat Hussain, head of the department of Defense and Strategic Studies of the Quaid-e-Azam University was quoted as saying by APP.Premier Wen left Islamabad for home on Sunday after rounding off the three-day visit to Pakistan.