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HARBIN, May 21 (Xinhua) -- Chinese State Councilor Liu Yandong has called for greater technological innovation to rejuvenate traditional industrial bases in northeast provinces.
BEIJING, Feb. 3 (Xinhua) -- Chinese leaders on Friday urged banks to improve financial services for the country's real economy, especially agriculture and small firms.China's economic transition and restructuring have set higher requirements for the country's financial sector, Premier Wen Jiabao said in a congratulatory letter read during a ceremony held in Beijing to celebrate the centenary anniversary of the establishment of the Bank of China (BOC), one of the country's major four state-owned lenders.Wen hailed the BOC as a "significant window for China's opening-up and a major channel for raising funds overseas," saying the BOC has greatly supported economic and foreign trade growth.The BOC should further enhance corporate governance and improve management and financial services to make new contributions to China's economic development, Wen said.Vice Premier Li Keqiang attended the ceremony and urged the country's financial institutions to better support agriculture and small businesses.The real economy and the sustainable growth of the financial sector are mutually dependent, Li said in a speech.Financial firms should strengthen their competitive power and ability to resist risks, he said.

China's economy expanded by 9.2 percent in 2011 to 47.16 trillion yuan (about 7.49 trillion U.S. dollars) from a year earlier after it grew 10.3 percent in 2010. In the fourth quarter last year, the country's GDP growth decelerated to 8.9 percent year-on-year, the slowest pace in 10 quarters.
Wu also called on the two parliaments to expand exchanges so as to contribute to the sound development of state-to-state relations.
"Settling down in Beijing is expensive, regardless whether you are alive or dead," said one microblogger on the popular Sina Weibo portal, contributing to the online buzz about "living in Beijing, but dying in Hebei."
来源:资阳报