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BEIJING, June 10 (Xinhua) -- The People's Bank of China (PBOC), the central bank, injected 166 billion yuan (24.3 billion U.S. dollars) into the money market this week, easing tight money supply conditions with bill issuance and repurchase agreements.In its regular open market operations Thursday, the central bank auctioned 10 billion yuan (1.46 billion U.S. dollars) of three-month bills at a yield of 1.5704 percent, up 4.04 basis points from June 3.On Thursday, the central bank also conducted repurchase agreement operations -- the first time in almost a month -- by absorbing 10 billion yuan through 91-day repurchase agreements. The yield on Thursday's 91-day repurchase agreement rose to 1.57 percent, up 16 basis points from its previous repurchase operation.Thursday's operations together with Tuesday's 25 billion yuan worth of one-year bill issuance brought the weekly total raised to 45 billion yuan (6.6 billion U.S. dollars). But 211 billion yuan (30.9 billion U.S. dollars) of bills matured this week, meaning a net weekly injection of cash.The central bank's net injection this week was the third straight week of net injection. It pumped 159 billion yuan (23.3 billion U.S. dollars) into the market in the previous two weeks.Since mid-May, China's banks have faced a short-term money squeeze as the PBOC introduced a series of tightening measures to cool the booming property sector.Zhao Qingming, a senior research fellow at China Construction Bank, the country's second largest lender, said the yield changes on central bank bills reflects tight money supply in the short-term.Rising bill yields usually reflect lenders' reduced demand for safety or their cash hoarding.For the whole week, yields on central-bank short-term debt instruments rose compared to the previous week.The yield on one-year bills jumped 8.32 basis points to 2.0929 percent while the yield on three-month bills climbed 4.04 basis points to 1.5704 percent. The yield on 91-day repurchase agreements added 16 basis points to hit 1.57 percent.

BEIJING, Aug. 15 (Xinhua) -- Thousands of people gathered at the Tian'anmen Square in central Beijing early Sunday morning to watch a national flag hoisted to full height and then lowered to half-mast, mourning victims of a massive mudslide in northwest China's Zhouqu County one week ago.A flag at half-mast is also seen at Xinhuamen, the main entrance of Zhongnanhai, the headquarters of the Communist Party of China and the central government, as part of the one-day national mourning.The State Council announced Saturday that Chinese flags across the country and at overseas embassies and consulates would be lowered to half-mast Sunday to mourn the victims of the devastating mudslide.Public entertainment will be suspended Sunday in a show of mourning, said the announcement by the State Council, China's cabinet.The mudslide hit Zhouqu County, Gannan Tibetan Autonomous Prefecture in southern Gansu Province, on Aug. 8, leaving 1,239 people dead and 505 missing.Soon after Sunday midnight, front pages of Chinese websites turned to black and white, in a show of mourning.Public recreational activities, such as movies, karaoke, and on-line entertainment including games and music are set to be suspended Sunday, according to an urgent circular issued by the Ministry of Culture.Mourning ceremonies will also be held Sunday in Zhouqu County and Lanzhou, capital city of Gansu. A silent tribute will be observed at 10 a.m..Sunday is the seventh day since the mudslide occurred and, according to some Chinese traditions, the seventh day after a death marks the height of the mourning period.Large-scale national displays of mourning are rare in China.China observed a three-day national mourning period after the 2008 Sichuan earthquake, and a one-day national mourning after the Yushu quake on April 14 this year.On both occasions, the national flag was lowered to half-mast and all public entertainment was suspended.

LHASA, Tibet, June 8 (Xinhua) -- The 11th Panchen Lama on Tuesday visited rural homes in Shannan Prefecture and chatted with peasants before finishing his first visit to this part of southern Tibet."I never dreamed a Living Buddha would come to my home," said Mila, 49, a resident in Ztang Township.The maroon-robed Panchen Lama sat with Mila on a bench in the family's bright new concrete house and talked about a wide range of issues including local living standards, incomes and religious life.The 11th Panchen Lama gives head-touch blessings to local devotees in front of Sanyai Monastery in Nedong County of Shannan Prefecture, southwest China's Tibet Autonomous Region, on June 8, 2010. The 11th Panchen Lama finised Tuesday the two-day visit in south Tibet's Shannan Prefecture where he held large prayer services and gave head-touch blessings to more than 5,000 local devotees.Patting the head of a three-year-old, the Panchen Lama, now in his 20s, told Mila's family to give the children a good education. He also told the family to work hard for a prosperous life."I will pray for you," the Panchen Lama said.The Panchen Lama gave head-touch blessings to locals as he walked from home to home. He also prayed at the thirteen-century-old Sanyai Monastery.The Panchen Lama started his tour to Shannan on Monday for his first visit to the area honored as the cradle of Tibetan civilization since he was enthroned as a Tibetan Buddhist leader in 1995.He returned to Lhasa late Tuesday.The 11th Panchen Lama, who spends most of his time since the enthronement studying Buddhism in Beijing, started his annual Tibet tour last Thursday, during which he visited a number of monasteries and participated in a variety of Buddhist events.

BEIJING, Aug. 22 (Xinhua) -- Some 87 percent of Chinese who studied abroad in 2009 received financial support from their parents, China.com.cn, a government-run website, reported Sunday quoting a survey by education research company MyCOS.The survey divided its interviewees into two categories: undergraduate students who graduated from China's top 211 universities in 2009 and those who did not.According to the survey, 1.64 percent of undergraduate students graduating from China's top 211 universities in 2009 went abroad for study, 0.61 percentage points higher year on year.Some 0.69 percent of undergraduate students from the other category also pursued overseas studies.According to the survey, the majority of the students who studied abroad took economics and business management as their major.The survey also showed 9 percent of those studying abroad received scholarships from the foreign institutions while 3 percent supported themselves through part-time jobs. One percent were funded by the Chinese government.Chinese universities and colleges graduated 6.1 million students in 2009, according to statistics from the Ministry of Education.

BEIJING, June 11 (Xinhua) -- Chinese equities rose slightly Friday after the release of strong May economic data but concerns over policy tightening and other uncertainties left market participants cautious.China's consumer price index (CPI), the main gauge of inflation, increased in May by 3.1 percent from a year ago, the highest rate of increase since November 2008, according to figures released by the National Bureau of Statistics (NBS).The NBS data showed that growth in factory production and investment continued to slow while retail sales, the main gauge of consumer spending, grew 18.7 percent in May year on year from 18.5 percent in April.Affected by slower industrial output growth and higher-than-expected CPI data, the Shanghai Composite Index initially rose but fell in the afternoon to close at 2,569.94 points, up 0.29 percent, or 7.36 points, from the previous close.The Shenzhen Component Index rose 17.11 points, or 0.17 percent, to end at 10,239.33.Total turnover shrank to 152.66 billion yuan (22.35 billion U.S. dollars) from 167.53 billion yuan the previous trading day.Losers outnumbered gainers by 488 to 359 in Shanghai and 572 to 368 in Shenzhen.Analysts believe the slower growth in industrial output was due to recent tightening measures and that the market has turned cautious as the May CPI figure outpaced the 3-percent ceiling the government has set for this year.Lu Ting, China economist at Bank of America-Merrill Lynch, said China's rising inflation may be interpreted negatively by markets.However, according to Yu Yang, an analyst at Galaxy Securities, the CPI is still "under control" and there is little possibility for a rate hike.Analysts also pointed out the decreased turnover volume reflected the fact some investors have taken a wait-and-see attitude ahead of next week's holidays.Chinese markets will be closed from Saturday to Wednesday for the traditional Dragon Boat Festival Holiday.Coal shares led the rise with a 1.8 percent gain as the May producer price index (PPI), a major measure of inflation at the wholesale level, rose 7.1 percent year on year, outpacing the CPI growth.China Shenhua Energy Co., the country's biggest coal producer, climbed 0.78 percent to 23.35 yuan.

来源：资阳报