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BEIJING, Jan. 29 (Xinhua) -- Chinese State Councilor Ma Kai urged here Friday that public complaints and petitions should be handled properly to promote social stability and harmony.Ma Kai, also secretary-general of the State Council, or cabinet, made the remarks at a national conference attended by heads of relevant government departments dealing with such petitions.Ma stressed that the government should make more efforts to prevent the occurrence of disputes and complaints right from the start.He also called for better investigation and sound settlement of petition cases.He urged setting up a risk assessment system in the decision making procedure in major social issues.Better implementing existing policies and the accountability system for relevant official departments are also needed, Ma said.

PARIS, Feb. 16 (Xinhua) -- French President Nicolas Sarkozy met with hundreds of Chinese representatives during a reception at Elysee on Tuesday, the first celebration of Chinese Spring Festival at the presidential palace.At the reception, which aims to co-celebrate the lunar New Year, or Spring Festival, the president greeted happy new year to around 800 Asian attendees, mainly Chinese-French and Chinese visitors living in France.Sarkozy said the relations between France and Asian countries, including China, was becoming closer and closer. He has visited China three times since he took office as French President and Prime Minister Francois Fillon also visited China last year. France's President Nicolas Sarkozy (2nd R) and Prime Minister Francois Fillon (1st R) shake hands with delegates at a ceremony celebrating the Chinese New year, the year of Tiger, at the Elysee Palace in Paris, capital of France, Feb. 16, 2010This year, he will attend the opening ceremony of the Shanghai World Expo in China and receive Chinese President Hu Jingtao in Paris, Sarkozy said.To welcome the year of tiger, Sarkozy extended his best wishes to all Chinese nationals living in France.Sino-French friendship is a precious treasure not only for both peoples of the two countries but also for the world, Jean-David Levitte, Sarkozy's foreign affairs adviser, told Xinhua.Besides the Shanghai World Expo, President Sarkozy also plans to meet with his Chinese counterpart Hu during his spring visit to China, in the hope of building up and enriching the traditional friendship between the two nations, Levitte added.This was the first time for France to guest Chinese nationals at Presidential palace for Chinese New Year, said Sun Wenxiong, the adviser of Chinese affairs for the French reigning party Union for a Popular Movement.This activity represented several positive signals, including China's rising profile in the international state, stronger China- France relations and integration of Chinese nationals into French mainstream society, Sun added.   France's President Nicolas Sarkozy delivers a speech at a ceremony celebrating the Chinese New year, the year of Tiger, at the Elysee Palace in Paris, capital of France, Feb. 16, 2010.

BEIJING, March 18 (Xinhua) -- China's government is set to order some central state-owned enterprises (SOEs) to quit real estate business as their land acquisitions are blamed for fuelling rise of urban housing prices, spokesman of the state assets watchdog Du Yuanquan said Thursday.The State-owned Assets Supervision and Administration Commission (SASAC) would require 78 centrally-administered SOEs, whose major business was not property development, to withdraw from the business, Du said in a SASAC press conference Thursday in Beijing.The SASAC gave no specific timetable for the withdrawal, but Du said it would require the 78 enterprises to step up business restructuring and gradually pull out of property development after all current real estate projects were finished.Housing prices in China's 70 large and medium-sized cities grew 10.7 percent in February from a year earlier, and were up 0.9 percent compared to the previous month, according to official figures.However, a total of 16 central SOEs, who have property development as major business, such as the China National Real Estate Development Group Corp. and the China Poly Group Corp., would continue in real estate, said Du.

BEIJING, Feb. 21 (Xinhua) -- With Chinese banks' record new lending in 2009 igniting fears about asset bubbles and bad loan, the banking regulator's latest rules aim to bring financial risk under control.The new directives order banks to focus on loan quality control, rather than quantity restriction, and aim to make loans flow to the real economy -- rather than the property and stock markets, which are susceptible to asset bubble formation.Analysts say the directives are a smart way to handle the policy dilemma the central bank faced: with inflationary pressures growing after increased money supply, how can monetary policy be tightened without hurting the fragile economic recovery?The China Banking Regulatory Commission (CBRC) issued new regulations on Saturday evening telling banks to set lending quotas after "prudent calculation" of borrowers' "actual demand".It also reiterated working capital should not finance fixed-asset investment and equity stakes. The new rules also ask lenders to give funds directly to the end user declared by the borrower, instead of directly giving it to the debtor, in an effort to ensure loans are used for their declared purpose.Execution of the directives will help banks exit the "credit stimulus spree", as they pay more attention to risk control. The directives are crucial for the banks' sustainable expansion, said Yu Xiaoyi, analyst with Guangfa Securities.Loose oversight and easy monetary policy have led to many banks developing the bad habit of being excited about loan extension but indifferent to the tracking of loan use, which can result in credit appropriation, an unnamed insider told Xinhua.That allowed many Chinese enterprises to borrow much more than they needed in order to speculate with various types of investment, even though they had ample funds on hand for their routine business operations.In support of the government's 4-trillion yuan stimulus package, Chinese banks lent an unprecedented 9.6 trillion yuan in 2009, nearly half of 2009 gross domestic product.Researchers said that large amounts of the borrowed funds went into property and stock market speculation, further pushing up soaring house prices and further inflating asset bubbles.According to official data released by CBRC, some regions reported two to three percent of funds were misappropriated.Wang Kejin, an official with the Supervision Rules and Regulation Department of CBRC, told Xinhua "the current working capital and individual loans exceeded real market demand,"The inadequate monitoring of loan use demands improvement, otherwise creditors will suffer losses and systemic risks will build, the CBRC said in a statement on its website."Our purpose was to prevent it happening," the statement said.Ba Shusong, a researcher with the Development Research Center of the State Council, China's cabinet, said the new rules will further strengthen credit risk controls and put a "brake" on lending and keep the financial system in good health,Guo Tianyong, a professor with the Central University of Finance and Economics, said the new directive will prevent systemic risk after the rapid expansion in credit.Although the CBRC and the nation's central bank have repeatedly warned banks to maintain an even pace in lending growth and to avoid big fluctuations, new yuan loans hit a massive 1.39 trillion yuan in January, as banks scrambled to lend before an expected tightening in credit later in the year.CBRC chairman Liu Mingkang said on Jan. 27 the Chinese government is aiming to restrict credit supply to 7.5 trillion yuan (about 1.1 trillion U.S.dollars) in 2010.Analysts expect short-term loans to fall significantly on account of tougher lending requirements that prevent businesses using new loans to repay old credit, a phenomena rampant when bill financing with 180-day maturity comprised nearly half of new loans in the first quarter of 2009.To soak up the excess liquidity on the heels of lending spree, China has raised the deposit reserve requirement ratio (RRR) twice this year, after holding it steady for over a year, to handle the "comparatively loose liquidity" while keeping the "moderately easy" monetary policy unchanged.Jing Ulrich, Chairman of China Equities and Commodities at JP Morgan Chase, estimated China's new lending would fall 17 percent this year as the government takes steps to prevent inflation."While lending support for real economic activity is expected to continue, banks are likely to be more vigilant on shorter term credit facilities, given the regulator's anxiety over asset bubbles and capital adequacy ratios," she said.

BEIJING, March 21 (Xinhua) -- Chinese leaders have urged police chiefs across the country to step up their efforts in capability building to do good work in solving social conflicts and safeguarding stability.In his written instruction to a training session for city-level public security bureau heads, Zhou Yongkang, Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, told the police chiefs to strengthen their studies and exchanges, and continuously enhance their management capabilities to push forward the solving of social conflicts.Zhou also called for a harmonious relationship between the police and the people.State Councilor Meng Jianzhu, who is also minister of public security, said at the opening ceremony of the training course on Saturday that public security authorities should explore new measures to enhance their capability in safeguarding national security and social stability.About 470 police bureau chiefs attended the training session which will last for 10 days.

来源：资阳报