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BEIJING, March 6 (Xinhua) -- A 17 percent year-on-year increase in China's broad money supply, and a target of 7.5 trillion yuan (1.1 billion U.S. dollars) for this year, indicated a relatively easy monetary policy, said Su Ning, deputy governor of the People's Bank of China, the country's central bank.Speaking on the sidelines of the ongoing annual session of the top legislature, the National People's Congress (NPC), Su said the 17 percent increase in the nation's broad money supply was larger than the combined increase of targeted GDP and CPI growth, which suggested an "easy" monetary policy."If M2 (the broad measure of money supply) growth is 2 to 3 percentage points higher than the combined growth of GDP and CPI, the monetary policy could be seen as easy," said Su.Chinese Premier Wen Jiabao said Friday, in the government work report submitted to the NPC, that China targeted an approximate 3 percent rise in consumer prices and 8 percent GDP growth this year.Su further believed the 17 percent increase in the broad money supply would be able to support the ongoing economic recovery throughout the country.China's financial institutions lent a record 9.6 trillion yuan in new yuan-denominated loans last year, almost double that of the previous year, to spur the economy amid the global downturn, but it was accompanied by soaring property prices and rising expectations of possible inflation.Su said the 7.5 trillion yuan in new lending this year should speed up completion of projects under construction, rather than support new projects.
SHANGHAI, Jan. 27 (Xinhua) -- The government must mobilize the public to safeguard security, which is the priority of the Shanghai World Expo, the top Shanghai official said Wednesday.The measures to ensure a secure Expo need understanding and support from the public, said Yu Zhengsheng, secretary of the Communist Party of China Shanghai Municipal Committee. "We can minimize the elements of potential dangers only if we trust, rely on and mobilize the grassroot organizations and the public."Yu made the remarks at the ongoing annual session of the municipal advisory body.The measures in safeguarding security and smooth traffic would interrupt the citizens's daily life. The government should seek public opinions and understanding to hold a successful Expo, he said."We should call for citizens to carry as few bags as possible or even no bags when traveling by subway so as to reduce the pressure on security checks," he said.The 2010 World Expo will be held from May 1 to Oct. 31 in Shanghai, expected to attract an record total of 70 million visitors.
PARIS, March 8 (Xinhua) -- Nuclear power should be developed with due regulations and in an orderly way thanks to its strict requirement for human resources, technology, security and quality, a Chinese official said Monday here at the international conference on civilian use of nuclear energy.Nuclear power, a clean, safe and economic energy, "plays an important role in energy conservation, environment protection and the strive to cope with climate change," Deputy Director of China' s National Energy Administration Wu Yin said, adding it has became "a major choice to develop economy and optimize energy structure" for many developing countries.Speaking to representatives from about 60 countries at the headquarters of the Organization of Economic Cooperation and Development, Wu said that changing the mode of energy development, optimizing the energy mix and reducing carbon emission is now a shared aspiration of the world.According to him, China has accelerated the construction of nuclear power stations in recent years. Besides 11 nuclear power units that are already in operation, there are 21 many units under construction with a combined installed capacity of 23 gigawatts.Taking the nuclear security as the top priority, Wu presented some suggestions addressing the increasing global demand of nuclear access."The security of nuclear energy is beyond borders, we should strive to shape a culture on safe use of nuclear power. Developed countries in terms of nuclear use have the responsibility to help the less developed ones to establish laws and regulations, supervision and management systems on nuclear security," Wu said.On proper use of nuclear power, Wu said countries must take national conditions into consideration, enhance international cooperation to make nuclear power safer and cheaper.China would make "responsible efforts to develop nuclear energy in order to protect the environment, to cope with climate change and to promote sustainable development," Wu said.Hundreds of ministers, government officials and business leaders convened in Paris for the two-day conference on access to nuclear energy, which is initiated by France and co-organized by the International Atomic Energy Agency and OECD.
BEIJING, Feb.1 (Xinhua) -- Chinese Vice President Xi Jinping on Monday urged all localities and departments to earnestly summarize experiences of the study and implementation of the Scientific Outlook on Development and make full use of its positive outcomes.Xi, also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when he chaired a seminar held Monday in Beijing on the sum-up of the study and implementation of the theory, which emphasized the well-being of people and comprehensive, coordinated and sustainable development. Chinese Vice President Xi Jinping (C), who is also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, addresses at a seminar in Beijing, capital of China, Feb. 1, 2010. Xi Jinping urged all localities and departments to earnestly summarize experiences of the study and implementation of the Scientific Outlook on Development and make full use of its positive outcomes in the seminar.He called for efforts to continue the study and research on the scientific outlook on development and well implement the theory, so as to accumulate new experiences.The CPC launched the campaign to study and implement the theory in September 2008, embracing a wide participation of more than 75 million CPC members.The campaign was scheduled to end at the end of this month, but Xi said, the implementation of the theory was a long-term mission and must be continued.
BEIJING, Jan. 23 (Xinhua) -- China's Education Ministry has asked school authorities to help students ward off influence of pornography on Internet or mobile WAP sites through educational campaigns.The ministry also encouraged students in primary and secondary schools to report Internet links and mobile WAP sites that contain "negative information", especially obscene content.Local education departments and schools should carry out educational activities tailored to different age groups, guide them to "properly handle cyber world", and enhance their understanding of the negative effect of porn websites, online violence and lewd information, the ministry said in a notice on its website.The move was the ministry's latest effort to echo the government's endeavor to crack down on pornography on Internet websites and mobile WAP sites.The ministries of public security and industry and information technology initiated a campaign in August last year to eradicate lewd contents from the Internet.Students should be taught not to make or spread lewd content online; not to enter profitable Internet cafes; not to access websites with "lewd" content; not to play lewd cyber games, the notice said.They were also advised not to use offensive and obscene languages and be careful in making friends on Internet."Lewd" content includes violence, libel, private and other information that violates standards of public decency.Public distribution of pornography is illegal in China, and the government last year began to stamp out WAP porn links to shield young people from online porn.The Ministry of Education also required schools to make regular examinations on school websites and install filter software to students' computers.Teachers should enhance communication with students and give counseling to those who incline to be obsessed in the cyber world, the notice stressed.The notice also advocates school authorities and parents to join hands in helping children establish good Internet ethics."Parents should not leave students alone to use Internet and spend more time to communicate with them." read the notice.China has more than 338 million Internet users, and more than 60 percent are younger than 30, according to the China Internet Network Information Center.