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TOKYO, June 1 (Xinhua) -- Chinese Premier Wen Jiabao said here on Tuesday both China and Japan should take the road of peaceful development.The peoples of the two countries should promote mutual understanding, trust and cooperation between them, Wen said in an interview with the Japanese public broadcaster NHK."Japan's pacifist constitution adopted after World War II stipulates that Japan should follow the road of peaceful development, which has brought tangible benefits to Japan in terms of rapid economic growth and greatly improved standards of living for the Japanese people," Wen said.Speaking of China's tremendous social and economic progress since the adoption of the reform and opening-up policy more than 30 year ago, he said China will stick to the path of peaceful and harmonious development."Both China and Japan should take the road of peaceful development. Therefore, both the Chinese and Japanese peoples should understand and trust each other and cooperate with each other," he said.The reason why China attaches so much importance to taking history as a mirror and looking into the future is by no means intended to perpetuate hatred, but to promote the feelings and friendship between the two peoples and to prevent a repeat of the past tragedy, Wen said.He called on the leaders, news media and the academic circles of both countries to play their part in facilitating the exchange of thoughts and the friendship between the two peoples and promote their mutual understanding.

MOSCOW, June 4 (Xinhua) -- The sixth Women's Culture Week as well as the fourth Women Forum between China and Russia kicked off here on Friday.Speaker of the Russian Federal Council, or the upper house of the parliament, Sergei Mironov extended his warm welcome to the inauguration of the event themed "Women and Economy."Calling the strategic partnership of cooperation with China one of the top priorities for Russia in its foreign affairs, Mironov said the long-time collaboration between Russian and Chinese women has made great contribution to the deepening of mutual friendship and understanding.Chen Zhili (4th L), vice chairwoman of the Standing Committee of the National People's Congress, China's top legislature, and also chairwoman of the All-China Women's Federation (ACWF), poses for photos with Svetlana Orlova (5th L), vice chairwoman of Russia's Federation Council, Li Hui (3rd R), Chinese ambassador to Russia, and delegates of the sixth China-Russia Women's Culture Week and the fourth forum between Chinese and Russian women, in Moscow, capital of Russia, June 4, 2010. The sixth China-Russia Women's Culture Week and the fourth forum between Chinese and Russian women kicked off here on Friday.At present, the Russian government and people pay more attention to gender equality and the protection of women rights, said Mironov.Vice Chairwoman of the Standing Committee of China's National People's Congress (NPC) Chen Zhili said China and Russia have conducted multi-layer, multi-sector and multi-faceted cooperation, as bilateral relations are on a fast track of comprehensive and profound development.

BEIJING, March 31 -- The appointment of three new academic members to the central bank's monetary policy committee on Monday reflects the increasing inclusiveness of monetary policymaking, but may not have any apparent bearing on the timing of an interest rate hike, analysts said.The People's Bank of China (PBOC) said three Chinese economists - Xia Bin, Li Daokui and Zhou Qiren - will replace Fan Gang, the only academic member of the committee, which advises on major monetary issues."Adding two more academics to the monetary policy committee is a welcome change," said Wang Tao, head of China economic research at UBS Securities. "I hope this helps to increase healthy debate within the committee, and increase the independence of monetary policy.""The appointment of three academic members this time - instead of one - indicates the increasing importance of academic voices in monetary policymaking and the three, with different backgrounds, are expected to complement each other to add to the inclusiveness of the panel," said Sun Lijian, an economist with Fudan University. It would make the country's monetary decision-making more rational, he said.Going by their recent comments on inflation, with Li saying that China could precede the United States in raising the rates and Zhou urging a timely and firm exit from stimulus policies, it is speculated that their appointment may signal chances of an earlier rate hike.Zhou said in a February speech that it was high time that China exited from the stimulus measures. "Given the past experiences, the stimulus through expanding money supply and debt only has a short-term effect," he said in the speech.One of the side effects of the stimulus is rising inflation. "The price of the stimulus policies is mainly the adverse effect of the large-scale release of money on the overall market price situation," he said. "We have seen it on the market."Li said early this month once China's consumer price index (CPI), a major measure of inflation, rises 3 percent, the country is set to increase the rates. China's CPI rose by 2.7 percent year-on-year in February.He also said on Monday that China may suffer from exported inflation from developed economies as their continued relaxed monetary policy would lead to surging raw material prices and large-scale capital flowing into the emerging economies, including China.Meanwhile, China should keep itself alert against possible price rises due to weather changes, such as the recent severe drought in southwestern regions.Xia Bin said on Monday that three factors should be taken into account when deciding on whether to raise the interest rates. It should be considered if real negative deposit interest rates occurred. But if inflationary expectations are not strong, the hike would be inappropriate. Moreover, China should not move ahead of the US since it would bring in speculative capital.China's benchmark one-year deposit rate stands at 2.25 percent.Dong Xian'an, chief macroeconomic analyst of Industrial Securities, said economic fundamentals should be the paramount determinant in interest rate related policymaking and the appointment of a new monetary policymaking panel would not have any substantial bearing on the timing of the possible hike.The month-on-month CPI figure is a crucial factor and as it continues to rise, the hike may come in the second quarter of this year, he said.

BEIJING, May 17 (Xinhua) -- China's disciplinary watchdog has released a set of rules outlining punishment for Party members in leading positions meddling in the real estate industry, in an effort to uproot corruption in the field.The rules, issued by the Central Commission for Discipline Inspection of the Communist Party of China (CPC), say "meddling in construction-related fields" refers to officials abusing their power by directly or indirectly asking departments to affect construction projects' normal procedures.Such acts include meddling in projects' decision-making process, public bidding and approval of transfer of land use.The construction sector is susceptible to corruption. Many officials have stepped down after being caught colluding with business owners and real estate developers.

BEIJING, May 24 (Xinhua) -- China on Monday repeated its request for the United States to respect its core interests and major concerns, and to pay particular attention to handling sensitive issues such as those regarding Taiwan and Tibet.This was one of the seven proposals China made at the on-going second round of China-U.S. Strategic and Economic Dialogues (S&ED), said Ma Zhaoxu, spokesman of the Chinese delegation attending the strategic track of S&ED.He told a press briefing that China proposed to fully put into practice the important consensus reached by the two heads of state and take substantial steps to steadily build a partnership to address common challenges.The second round of S&ED opened in Beijing on Monday morning, and was attended by 50 representatives from more than 40 departments of both countries."China believes both sides should abide by the three joint communiques between the two countries and the joint statement issued during U.S. President Obama's visit to China last November," Ma said.The Chinese side hopes to explore cooperation with the United States in new areas such as highway infrastructure construction, civil aviation and space exploration, and continue to cement cooperation in areas of trade, energy and anti-terrorism, according to Ma.On the global stage, China calls for enhanced coordination with the United States on macro-financial and economic policies and major global and regional issues, and closer bilateral exchanges among parliaments, academic institutions and youth, he said.The Chinese side also proposes to create favorable press environment for the growth of bilateral ties, according to Ma.President Hu's special representatives, Vice Premier Wang Qishan and State Councilor Dai Bingguo, co-chaired the economic and strategic tracks of the SE&D with U.S. President Barack Obama's special representatives, Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton, respectively.The strategic track dialogue touched on five topics including bilateral relations, cooperation in the areas of public health, customs, energy, environment and climate change, as well as military ties, said the spokesman.The two countries agreed in the dialogue that they enjoy increasing common interests, face increasing common challenges and shoulder more and more common responsibilities in the transformation of international situation, Ma said.The two-day S&ED will conclude on Tuesday afternoon.