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XI'AN, Oct. 30 (Xinhua) -- Chinese Vice Premier Li Keqiang has stressed the importance of industrial structure upgrading through reforms and innovation in line with scientific development and requirements from accelerating economic growth mode transformation.Li made the remarks while visiting Xi'an, capital of northwestern China's Shaanxi Province from Thursday to Friday.Also, Li said the people's living standards should be improved in economic growth and growth quality and benefits should be upgraded in restructuring, he said.Chinese Vice Premier Li Keqiang (L, front), also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, discusses with a technician on the issues concerning wireless communications at China IWNCOMM Co., Ltd. in Xi'an, capital of northwest China's Shaanxi Province, Oct. 28, 2010. Li Keqiang made an inspection to Xi'an on Oct. 28 and 29.Li visited the Xi'an-based China IWNCOMM Co., Ltd, which ranks among the leading global companies in network security technology.Li said industrialization of scientific results should be promoted in the high-tech sector and emerging strategic sectors should be actively developed to nurture new economic growth points.

BEIJING, Oct. 20 (Xinhua) -- China's central bank Tuesday announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points effective from Oct. 20, a move widely seen as the government's action against inflationary pressure.The People's Bank of China (PBOC) said in a statement on its website that the one-year deposit rate will rise from 2.25 percent to 2.50 percent, and the one-year lending rate will increase from 5.31 percent to 5.56 percent.The rise, the first over the past three years, had not been anticipated and could be related to the impending September statistics and the third quarter statistics, said Jiang Chao, an analyst with Guotai Junan Securities.The CPI (Consumer Price Index), a key gauge of inflation, may maintain its high level in September, Jiang said.The rate hikes are the first in three years. The central bank last hiked rates on Dec. 21, 2007.The benchmark interest rate has been cut four times since the global financial crisis.Li Daokui, a member of the PBOC's monetary policy committee, said statistics showed China's economy has been bottoming out from the accelerated slump at the beginning of this year, but prices of goods remain at a high level, attracting attention from policy makers.Further, policy makers have to seek a balance between economic growth, restructuring and stable prices, Li said."Judging from the move, worries about soaring prices overwhelmed jitters on economic growth, as is the main reason for the interests rate hike. Negative interests rate (higher CPI increases than deposit interests rate) is also another reason," Li said.Liu Yuhui, an expert with the Institute of Finance and Banking at the Chinese Academy of Social Sciences, said the interests rate hike this time is related to expectations of inflation as the negative interests rate has continued for seven months.China has been experiencing hikes in prices of agricultural products, urban services like home rents and catering, Liu said."We believed it was caused by soaring labor costs, also related to issue of currencies and soaring living costs in cities," Li said.Prices of garlic, ginger and sugar have jumped in China's market. Sugar prices in Shanghai stood at 6,000 yuan (900.90 U.S. dollars) per tonne, much higher than 2,700 yuan per tonne seen one year earlier.

BEIJING, Oct. 21 (Xinhua) -- Chinese Vice President Xi Jinping Thursday stressed the importance of nurturing cadres from ethnic minority groups to help in the government's drive to develop regions inhabited by ethnic minorities.Efforts should be made to cultivate outstanding cadres with political integrity and professional competence from ethnic minorities, Xi said at a symposium marking the 30th anniversary of the establishment of a training course for Tibetan cadres at the Party School of the Central Committee of the Communist Party of China (CPC).The Party School of the CPC Central Committee initiated a training course for Tibetan cadres in Sept. 1980. Over the past three decades, more than 1,700 Tibetans have attended 42 sessions of the training course, becoming the backbone in promoting development, stability and ethnic unity in Tibet.Xi said Party schools should play a key role in training and nurturing cadres from ethnic minorities, who possess both political integrity and ability, particularly among young people and those who are from grass-roots levels.

HANGZHOU, Sept. 14 (Xinhua) -- China's top political advisor, Jia Qinglin, called for more efforts to step up the transformation of the nation's economic growth mode and ecological protection for better development in the next five years.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks during a five-day inspection tour in eastern Zhejiang Province that concluded Tuesday, visiting rural areas, towns, factories and companies.Jia urged in-depth research over new circumstances for an "elaborate planning" for the five years to 2015.Jia Qinglin (2nd R, Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, inspects development of new and clean energy in a company in Changxing, east China's Zhejiang Province, Sept. 12, 2010. Jia made an inspection tour in Zhejiang Province from Sept. 10 to 14.Jia also inspected progress in energy savings and emission cuts, development of new and clean energy, and ecological protection in Zhejiang, vowing that China would stick to environment-friendly and energy-efficient development and improve ecological protection.Jia also called for more efforts on protection of forests and marine environment, energy conservation and emission reductions, along with development of a sustainable economy.

BEIJING, Sept. 1 (Xinhua) -- A senior Chinese official Wednesday urged local governments to cooperate with the central government in supervision and inspection work.He Guoqiang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks at a meeting on central inspection work.Head of the country's discipline and supervision work, He asked officials of local governments, especially those at the county level, to cooperate with central government's inspection teams.The CPC Central Commission for Discipline Inspection, the Ministry of Supervision and other central government agencies have sent inspection teams to more than 900 counties around the country since October 2007 when CPC's 17th National Congress was held.The official said the central government's inspection work is very important for anti-corruption efforts at state-run enterprises.He also pledged to send inspection teams to every state-run enterprise every five years.