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BEIJING, Aug. 31 (Xinhua) -- China's banking regulator will strictly implement the central government's macroeconomic policies that aim to curb soaring housing prices, an official said Tuesday.Ye Yanfei, deputy head of the Statistics Department of the China Banking Regulatory Commission (CBRC), said the CBRC will restrain speculative property investment and support the building of affordable housing while controlling risk.China's housing market and lending to the property sector are crucial to the national economy and people's livelihood, as well as to the stable and steady development of the nation's banking sector, Ye said at a seminar in Beijing.Ye's remarks come after the banking regulator said it would further "instruct and monitor" commercial banks' efforts to strengthen the management of lending to home-buyers.Ye's comments echo those of Zhang Ping, director of the National Development and Reform Commission, who said last Thursday in a report to China's top legislature the government will "further implement the measures meant to curb excessive gains in housing prices and resolutely restrain speculative property investment in the second half the year."Ye also said the CBRC has pushed lenders to test the impact of falling house prices, although the regulator said earlier that hypothetical scenarios examined in stress tests do not herald any change in policyHousing prices in major Chinese cities rose 10.3 percent year on year in July, slower than the 11.4 percent growth rate in June, according to official figures.On a monthly basis, housing prices in June fell 0.1 percent from May and July prices were unchanged from June.
WARSAW, Nov. 4 (Xinhua) -- China's top political adviser Jia Qinglin met Grzegorz Schetyna, speaker of the Polish House of Representatives, here Thursday and vowed to bolster ties with the central European nation. Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, applauded Chinese-Polish relations, urging the two sides to boost economic and trade cooperation."China attaches importance to the relations with Poland, which is China's important partner in Europe and the European Union," Jia said.China will, based on the principles of mutual respect, mutually beneficial, non-interference of domestic affairs, further personnel exchange with Poland, expand cooperation in various fields such as trade and economy, take care of each other's core interests and major concern, Jia said. Jia Qinglin (R), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, meets with Grzegorz Schetyna, speaker of the Polish House of Representatives, in Warsaw, Poland, Nov. 4, 2010.Schetyna welcomed Jia's visit, during which several agreements on economic and technological cooperation were inked, saying it would contribute to the development of bilateral ties.Jia arrived here Tuesday for a five-day official goodwill visit. He will continue his four-state trip after visiting Krakow, the ancient Polish capital in the south of the country.Upon his arrival at Krakow Thursday afternoon from Warsaw, Jia met with Stanislaw Kracik, governor of the Lesser Poland Voivodeship in southern Poland.He hailed the cooperation between the Polish province and its sister Jiangsu Province in east China, urging the two provinces to further such ties.

BEIJING, Sept. 6 (Xinhua) -- Chinese Vice President Xi Jinping has urged authorities of a southeastern province to press ahead with its reforms and opening-up, and to embrace innovations in its economic development.In his four-day inspection tour in Fujian Province that began Friday, Xi spent time visiting high-tech enterprises, inquiring about villagers' incomes and held talks with university students.Efforts should be made to improve people's livelihood and solve practical difficulties for them with regard to employment, medical care, housing and children's schooling, Xi said during his visit to villages and urban communities.When visiting areas hit by June's torrential rains and massive floods, Xi urged local authorities to continue with disaster-relief work, rebuild damaged homes and agricultural infrastructures, as well as increase support for enterprises.In the coastal city of Xiamen, Xi urged government administrations in Fujian to take proactive measures to offer services to, and create "better conditions", for people from Taiwan.Further, efforts should be made to expand the scope and upgrade the level of cross-Strait exchanges and cooperation, he said.
NICE, France, Nov. 5 (Xinhua) -- Chinese President Hu Jintao on Friday urged major economies to jointly shore up the burgeoning economic recovery worldwide in the wake of the latest global financial crisis.The call came in Hu's talks with his French counterpart Nicolas Sarkozy in this southern French city, just days ahead of a summit of the Group of 20 main economies in Seoul.All the parties should strengthen coordination on their macropolicies on the basis of unity, mutual benefit and win-win progress, sending a clear message to the market that they are united against serious global economic challenges, Hu said.Chinese President Hu Jintao (L) meets with French President Nicolas Sarkozy at the Massena Museum in Nice, France, Nov. 5, 2010.In this way, they will be able to rally market confidence and maintain the momentum of the recovery of the recession-hit world economy, he added.Meanwhile, the parties need to promote the reform of the international financial system, improve related supervision and regulation, and expand the representation of emerging economies and developing countries in international financial institutions, Hu said.Concerted efforts should also be taken to narrow the gap between the North and the South, curb all forms of protectionism and secure a comprehensive and balanced outcome of the Doha Round of World Trade Organization negotiations, he added.
UNITED NATIONS, Sept. 15 (Xinhua) -- Chinese Premier Wen Jiabao 's upcoming UN visit shows China's full support to the world body as well as the country's firm commitment to tackle global threats and challenges, said Chinese UN ambassador here Wednesday."This has been Premier Wen's second visit to the United Nations since 2008 and the third consecutive year that top Chinese leaders attend UN conferences," Li Baodong, permanent representative of Chinese mission to the UN, told reporters at the residence of the mission.Calling the upcoming visit "an all-around, multi-level diplomatic event," Li said it fully embodies the great importance China has attached to the multi-lateral diplomacy and its firm support to the United Nations. Li Baodong, permanent representative of Chinese mission to the United Nations, speaks to the media at the residence of the mission in New York, the United States, Sept. 15, 2010. Chinese Premier Wen Jiabao's upcoming UN visit shows China's full support to the world body as well as the country's firm commitment to tackle global threats and challenges, Li Baodong said here Wednesday.Besides, the visit will help to build the confidence of the international community to address the unexpected global threats including the issues of traditional and non-traditional security, imbalance on development and the not-yet-stable recovery situation of world economy, Li said."Premier Wen will help promote all sides to show political will and firm resolution, jointly gasping chances and meeting challenges, in a bid to build a world of lasting peace and common prosperity," the ambassador said.Wen's UN trip, slated for Sept. 21 to 23, includes a UN summit on the Millennium Development Goals (MDG) and the general debate of the 65th session of the UN General Assembly.During his whirlwind stay in New York, Wen would also meet with U.S. President Barack Obama, UN Secretary-General Ban Ki-moon, and attend a meeting of leaders from the UN Security Council member states, a discussion panel on the MDG and HIV/AIDS.Li said Wen's visit will also help to enhance UN's role on international affairs.This year marks the 65th anniversary of the founding of the United Nations. Though facing with various new problems and challenges, the United Nations has remained to be the most universal, representative and authoritative inter-governmental organization; the UN Charter has remained to be the foundation of international law and order and the expectations of the international community of the UN has not changed, Li said."Premier Wen's visit will further promote UN's core role in the process of implementing multilateralism and make the world body become an envoy of safeguarding world peace as well as a drive to boost common prosperity," Li said.
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