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BEIJING, June 18 (Xinhua) -- China's fiscal risk is controllable as it aims for a balanced economy, a senior finance official said Friday in a call for "growth-friendly" fiscal consolidation of the world economy."According to some indicators, the fiscal risk China is facing is controllable, and China's fiscal development retains sound momentum," said Vice Finance Minister Zhu Guangyao at a news briefing on the fourth Group of 20 (G20) summit.China's budget deficit accounted for 2.9 percent of GDP in 2009 and was expected to stand at 2.8 percent this year, said Zhu."Even facing healthy and sound momentum, the Chinese government attaches importance to balanced and stable economic development," said Zhu.Fiscal consolidation would be a major topic at the Toronto summit, and the G20 leaders would discuss how to maintain robust, sustainable and balanced economic growth, said Zhu.Some European Union (EU) member states have announced austerity plans to cut public deficits in a bid to restore investor confidence in their economies and in the euro, but the fiscal consolidation measures have drawn strong opposition.Zhu said the global economy was undergoing gradual recovery, but still facing some uncertainties, especially with the European debt crisis.

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.

CHANGCHUN, Aug. 7 (Xinhua) -- Floods have left 85 people dead and 66 missing in northeast China's Jilin Province over the past two months, local authorities said Saturday.More than 5 million people have been affected since the flood season began in June and some 1.5 million people have been evacuated, the Jilin Provincial Civil Affairs Department said in a statement.Additionally, almost 82,000 houses have collapsed and 198,000 others have been damaged, the statement said.Soldiers pack stones to reinforce a bank in Yongji County, northeast China's Jilin Province, Aug. 4, 2010. Floods hit dozens of counties in Jilin, causing more than 300,000 houses collaped and over 70 people died since this July.Direct economic losses were estimated at more than 45 billion yuan (6.6 billion U.S. dollars), it added.In the hardest-hit areas, flash floods have cut roads, isolated villages and disrupted communications and water supplies.

GUANGZHOU, July 10 (Xinhua) -- The Cross-Strait Economic, Trade and Cultural Forum opened Saturday in the southern city of Guangzhou with leading mainland and Taiwan representatives urging deeper economic ties and cooperation in green energy.This year's forum, a regular event between the Communist Party of China (CPC) and Taiwan's Kuomintang (KMT) Party, focuses on cross-Strait cooperation in green energy, energy conservation and environmental protection.Wang Yi, director of the Taiwan Work Office of the CPC Central Committee, said the forum commenced as the peaceful development of cross-Strait ties achieved new progress. Wang Yi, director of the Taiwan Work Office of the Communist Party of China Central Committee, presides over the opening ceremony of the sixth Cross-Strait Economic, Trade and Culture Forum in Guangzhou, south China's Guangdong Province, July 10, 2010.The Economic Cooperation Framework Agreement (ECFA), reached between the Chinese mainland and Taiwan in late June, signaled that cross-Strait economic ties had entered a new stage of mutual benefits, he said while addressing the opening ceremony.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, said cross-Strait economic cooperation is now facing unprecedented challenges while many opportunities exist as well."We should seize the opportunity and set up multi-level economic cooperation in a bid to benefit each other and, at the same time, boost our competitiveness and risk-resistance abilities," Jia said in his speech."The mainland is speeding up economic restructuring and boosting independent innovation and domestic demand. Meanwhile, Taiwan is also taking measures to restructure its economy and stimulate development," Jia added.He noted that cross-Strait economic cooperation still had much room to grow, especially in the science and technology fields.Jia said the new energy and environmental protection sectors could provide breakthroughs for promoting cross-Strait science and technology innovation.He hoped businessmen and experts would provide useful proposals regarding cooperation in technology research, intellectual property rights and fostering talent.More than 400 people from Taiwan and the mainland attended the forum on Saturday and Sunday in Guangzhou, capital city of Guangdong Province.The event is the sixth of its kind since the forum was first held in 2006.

BEIJING, June 11 (Xinhua) -- China has vowed to continue to develop its human rights dialogue with Norway after the two nations concluded their 13th annual Roundtable on Human Rights and the Rule of Law here Friday.Chinese Assistant Foreign Minister Liu Zhenmin briefed Norwegian representatives on Chinese achievements in improving people's livelihoods, reinforcing democracy, and constructing legal systems.The human rights roundtable between China and Norway is a model for countries with different social systems and from different civilizations to conduct equal and friendly dialogue, Liu said.China hopes to strengthen dialogue and exchange with other countries on human rights issues on the basis of equality and mutual respect to increase understanding, expand agreement and jointly promote the healthy development of human rights internationally.Norwegian Secretary of State for Foreign Affairs Gry Larsen spoke highly of China's remarkable achievements with human rights, saying the two nations have conducted stable and effective cooperation in the field of human rights.The Norway-China roundtable has served as a helpful platform for the two nations to discuss human rights issues and is conducive to the growth of bilateral ties, he said.Larsen said Norway will work with China to further promote the roundtable.During the two-day roundtable, nearly 70 officials and scholars from the two sides exchanged views on the rights of workers, prisoners and minorities.Liu and Larsen also discussed human rights, covering such topics as freedom of speech, the rights of minorities and the role of non-governmental organizations.China and Norway started discussing human rights issues in an informal setting in 1993. In 1997 the first formal Roundtable on Human Rights and the Rule of Law was held.