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BEIJING, Oct. 6 (Xinhua) -- China's new yuan-dominated loans in September was expected to reach 300-400 billion yuan (44-59 billion U.S. dollars), China Securities Journal reported on its website Tuesday. The figure was less than that of August, which hit 410.4 billion yuan. Liu Mingkang, Chairman of the China Banking Regulatory Commission (CBRC), provided the figure during an International Monetary Fund (IMF) conference held in Istanbul, Turkey on Monday. New loans in the first eight months stood at 8.15 trillion yuan, far exceeding the full-year target of five trillion yuan, according to he People's Bank of China, the central bank, this September. The CBRC reiterated in September that domestic lenders should seek to enhance their risk management and stick to regulatory requirements to reduce worries over financial risks caused by rapid credit growth this year. China began to adopt a moderately easy monetary policy in last November in a bid to maintain economic development amid the financial crisis.
BEIJING, Sept. 14 (Xinhua) -- A seminar was held Monday on the recently-published book of important documents from between April, 1948 and January, 2009 of the Chinese People's Political Consultative Conference (CPPCC), China's political advisory body. Jia Qinglin, chairman of the CPPCC National Committee, met with participants attending the seminar. Jia Qinglin (R), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, shakes hands with one of the participants attending a seminar in Beijing, capital of China, Sept. 14, 2009. The seminar was held Monday on the recently-published book of important documents from between April,1948 and January, 2009 of the CPPCC, China's political advisory body. This year marks not only the 60th anniversary of the founding of the People's Republic of China but also the establishment of the CPPCC. The book consists of 142 important documents which are divided into three volumes. Some documents are being made public for the first time. Jia Qinglin (2nd L), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, acquaints himself with the information about the publication and circulation of a book of important documents of the CPPCC in Beijing, capital of China, Sept. 14, 2009"The publishing of the documents will help cadres and people review the great history of Chinese revolution, construction and reform, " said Wang Gang, vice chairman of the CPPCC National Committee, at the seminar. "It is also significant to help people better understand the important role of the CPPCC and its historical achievements." he said. Wang Gang (C, back row), vice chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, attends a seminar in Beijing, capital of China, Sept. 14, 2009. The seminar was held Monday on the recently-published book of important documents from between April,1948 and January, 2009 of the CPPCC, China's political advisory body
FRANKFURT, Oct. 13 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday called for enhancing cultural exchanges to boost world peace at the opening ceremony of the Frankfurt Book Fair. Xi, together with German Chancellor Angela Merkel, witnessed the opening of the 61st version of the Frankfurt Book Fair, the world's biggest annual book fair. China has been selected as the Guest of Honor for this year's fair. Chinese Vice President Xi Jinping speaks at the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. German Chancellor Angela Merkel attends the opening ceremony of the Frankfurt Book Fair.While addressing the opening ceremony, Xi said the fair not only provides a vital chance for China to appreciate the elite cultural products worldwide, but also opens a window for the people from various nations to observe Chinese culture at a shorter distance. Xi said the Chinese side will take the opportunity of serving as the Guest of Honor to introduce Chinese culture as well as its prosperous development in the publishing industry. The Chinese side will also learn from the successful experience of other countries in publishing to increase mutual communication and cooperation in this particular field, Xi said. Chinese Vice President Xi Jinping (L) talks with German Chancellor Angela Merkel when they attend the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book FairFrom Oct. 14 to Oct. 18, the Chinese side and the host will stage over 600 Guest of Honor events, aimed at showcasing Chinese culture and boosting dialogue between Chinese scholars and their foreign counterparts. Xi said China upholds the idea of building a harmonious world with sustained peace and common prosperity. Thanks to the exchanges among various cultures, people from different countries could get to know Johann Wolfgang von Goethe (1749-1832) from Germany, William Shakespeare (1564-1616) from Britain and Confucius (551 BC-479 BC) from China, Xi noted. Chinese Vice President Xi Jinping (C) attends China's presentation after the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair.Frankfurt is the hometown of Goethe, the famous German writer and poet. Cultural exchanges require understanding and respect, as well as overcoming discrimination and misunderstanding in this regard, Xi said. Cultural diversity, which is a part of human society, should be maintained to build a more colorful world instead of becoming obstacles for cultural exchanges and reasons for conflicts, Xi said. Chinese Vice President Xi Jinping (C) and German Chancellor Angela Merkel (2nd R) pose for photos while attending the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. Different cultures should learn from each other rather than reject each other, he added. Xi also warmly welcomed worldwide guests to visit the Theme Pavilion set up by the Chinese side for the book fair. Following the opening ceremony, Xi visited the Theme Pavilion and officially unveiled the hall for public tour. Arriving in Germany on Saturday morning, Xi held talks with Merkel and met with German President Horst Koehler in Berlin on Monday. On Wednesday morning, Xi will leave Germany for Bulgaria to continue the third leg of his five-nation Europe tour.
BEIJING, Sept. 11 (Xinhua) -- The General Office of the Communist Party of China (CPC) Central Committee and the General Office of the State Council issued a collection of slogans Friday for the celebration of the 60th anniversary of the founding of the People's Republic of China. The collection of 50 catchphrases touches upon issues of political system, economic development, environmental protection, military modernization and national unification. On the top of the slogan list are "Warmly celebrate the 60th anniversary of the founding of the People's Republic of China!" and "Hail the great success of our country's reform and opening-up and socialist modernization!" Also on the list are "Put people first, realize, safeguard and develop the fundamental interests of the overwhelming majority of the people!" and "build a socialist harmonious society and promote social equity and justice!" One of the slogans also advocates the inheritance of fine military tradition that the armed forces should obey the command of the Party and serve the people. Slogans also include "Adhere to the one China policy and promote the country's great cause of peaceful reunification!" and "Adhere to the independent foreign policy of peace and unswervingly pursue the road of peaceful development!" and "Long live the great unity of all nationalities of China!" China has planned massive celebrations for the 60th founding anniversary of the people's republic on Oct. 1. The celebrations in downtown Beijing will feature a mass pageant and a military review.