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SHANGHAI, July 30 (Xinhua) -- China would firmly stick to its moderately easy monetary policy and concrete the recovery momentum of the country's economy, said vice governor of China's central bank on Wednesday. Su Ning, Vice Governor of the People's Bank of China (PBOC) made the remarks in a meeting held in the bank's Shanghai-based headquarter, saying a proactive fiscal policy and moderately easy monetary policy were crucial for sustained growth. Despite an initial economy recovery resulted from the government's stimulus efforts in the first half, the country still faced severe difficulties and challenges from both domestic and abroad. In the second half, the PBOC would use a set of monetary policy mix to coordinate a "reasonable" credit structure based on market rules, and to ensure more loans to major infrastructure construction and technology innovation, Said Su. China's economy rebounded to grow 7.9 percent in the second quarter driven by a surge of fixed-asset investment backed by government's 4-trillion-yuan stimulus package on last September. Chinese banks lent a record 7.37 trillion yuan in the first half to shore up the economy, which sank to 6.1 percent in the first quarter.
BEIJING, Aug. 28 (Xinhua) -- The China Economic and Social Council(CESC) wants to boost exchanges with Niger's Economic, Social and Cultural Council (CESOC), a senior Chinese official said Friday. Wang Gang, chairman of the CESC and member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when he met with the chairman of the CESOC Amadou Cheiffou in Beijing. Both councils grouped experts in social and economic development, Wang said, and could learn from each other, as they deepened cooperation. Wang Gang (R), member of the Political Bureau of the Communist Party of China Central Committee,vice-chairman of the National Committee of the Chinese People's Political Consultative Conference,and chairman of China Economic and Social Council, meets with Cheiffou Amadou, chairman of Niger's Economic, Social and Cultural Council, in Beijing, capital of China, on Aug. 28, 2009 Wang, also vice chairman of the National Committee of Chinese People's Political Consultative Conference, said the two nations' relations had developed well since they resumed diplomatic ties 13years ago. He also expressed appreciation to Niger's adherence to the one-China policy and its support on issues related to Taiwan and Tibet. Cheiffou said the CESOC would continue to work to further its traditional relationship with China. Cheiffou began the eight-day visit on Aug. 23. Beijing is the last leg of his tour, which has also taken in Shanghai and Guangzhou.

JINAN, East China, Oct. 16 (Xinhua) -- Chinese President Hu Jintao met International Olympic Committee President Jacques Rogge who was invited to attend the 11th Chinese National Games on Friday. Hu Jintao extended welcome to Rogge and offered his congratulation on Rogge's re-election as IOC President. Chinese President Hu Jintao (R) meets with International Olympic Committee (IOC) President Jacques Rogge, who is here for the 11th Chinese National Games, in Jinan, east China's Shandong Province, on Oct. 16, 2009Hu said that the support from IOC and the efforts from all members of international Olympic family made the Beijing Olympic Games and the Paralympic Games complete success, which promoted the Olympic spirit and further development of international Olympic movement. Hu added that the success of the Olympic Games and the Paralympic Games deepened the exchange and cooperation between China and the international Olympic family. He expressed gratitude to Rogge for making important contributions to the success of the Games and said that China would like to share its experience with London and Rio de Janeiro so as to make new contribution to the international Olympic movement. Rogge, who is on his third visit to attend Chinese National Games, said the National Games manifested the great energy of Chinese sports. He added that Beijing Olympic Games last summer has left unique legacy in sports, environment and development to the world and the IOC chief also expressed his thanks to China for the support to London and Rio de Janeiro, host cities of 2012 and 2016 Olympic Games.
BEIJING, Aug. 1 (Xinhua) -- China will implement a nation-wide investigation to find more research and development (R&D) resources to promote the country's agriculture, manufacturing, information technologies and other major industries. The investigation will provide basic scientific data for policy-making of the nation's social and economic development during the 12th Five-Year Plan period (2011-2015), the Ministry of Science and Technology said in a circular on its official website Saturday. It will also help the government monitor and evaluate the ability to make independent innovation as an effort to make China an innovation-oriented country, it said. Six ministries and commissions of the State Council, China's Cabinet, will jointly conduct and finish the investigation by the end of the year. The first such investigation was conducted in 2000. Statisticians around the nation will survey R&D-intensive enterprises and institutions in all the major industries. The survey will focus on the personnel, spending, equipment, projects and institutions for research and development. Moreover, many experts believe the investigation will help China stop wasteful spending in scientific research and promote the national sharing of resources, such as to stop squandering money in redundant purchases of laboratory equipment. China's 2008 research and development spending of the GDP was 457 billion yuan (66.9 billion U.S. dollars), an increase of 23.2 percent from 2007, accounting for 1.52 percent of the annual GDP.
来源:资阳报