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BEIJING, Sept. 9 (Xinhua) -- Central banks should provide incentive mechanisms for banks to extend more loans to support the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), or the central bank, said Thursday.Speaking at a forum in Beijing sponsored by Oxford University and the China Development Research Foundation, Zhou reviewed the worldwide central banks' role in helping grapple with the financial crisis, pointing out that zero interest rate policies adopted in many countries could discourage banks from extending lending.He said, however, that a central bank should maintain a certain interest rate margin, which will help banks to recover from damages brought by the global credit crunch and strengthen their abilities to extend loans.
DUBLIN, Sept. 26 (Xinhua) -- Senior Communist Party of China (CPC) official Li Changchun said here Sunday that Beijing and Dublin have huge potential to deepen bilateral ties and cooperation.Since the two sides established diplomatic relations 31 years ago,bilateral relations have developed steadily, said Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, upon his arrival for a two-day official goodwill visit.Especially in recent years, China and Ireland have increased high-level exchanges, carried out fruitful and mutually-beneficial cooperation in various fields including politics, trade, education, culture and science and technology, and maintained close coordination on international affairs, he noted.Li Changchun (L, Front), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, is welcomed by Irish officials upon his arrival in Dublin, capital of Ireland, on Sept. 26, 2010. Li started his official goodwill visit to the country on Sunday.Still, the two countries face enormous potential and broad prospects for deepening bilateral ties, Li said, adding that keeping a friendly and cooperative bilateral relationship based on mutual benefit serves the fundamental interests of the peoples of the two nations.The CPC and the Chinese government attaches great importance to the relations with Ireland and have consistently treated China-Ireland ties from strategic and long-term perspectives, he said.The Chinese guest said he expects to exchange views with Irish leaders on bilateral relations and major international and regional issues of common concerns.Li added that he will learn from the host country's experiences in promoting the economy and explore new fields and new ways to enhance mutually-beneficial cooperation for the common good of both nations.Ireland is the third leg of Li's ongoing four-nation tour which has taken him to Estonia and Montenegro. He is scheduled to visit Iran before returning to China.

ZHENGZHOU, Oct. 25 (Xinhua) -- A moderate earthquake that hit central China's Henan Province Sunday afternoon levelled 24 houses and left 12 students injured, local officials said early Monday morning.The quake, measuring 4.7 on the Richter scale and with a hypocenter depth of 8 kilometers, truck Zhoukou City at 4:58 p.m., according to the China National Seismological Network.Twenty four houses in Taikang County collapsed while 12 students in a middle school were injured, who are currently in hospital.In Fugou County, about 40 houses were reported to have cracks or other damages.Tremor was felt across eastern Henan, including provincial capital Zhengzhou City.
BEIJING, Nov. 3 (Xinhua) -- Senior Communist Party of China (CPC) official Zhou Yongkang on Tuesday concluded a visit to India that helped promote development of mutual trust and bilateral cooperation between the two Asian nations.Zhou, member of the Standing Committee of the Political Bureau of the CPC Central Committee and also secretary of the Commission for Political and Legal Affairs of the CPC Central Committee, met Monday with Indian Prime Minister Manmohan Singh in New Delhi, India's capital.During the meeting, Zhou said strengthening political mutual trust with India was the key to deeper cooperation with the country and that the leaders of the two countries should often exchange views in great depth and with great frankness on major issues of mutual concern.Zhou said China and India had a combined population of 2.5 billion and there existed a great space for developing cooperation in the economy and trade, and people-to-people and cultural exchanges.He said both China and India faced the heavy task of developing their own economy, improving people's living standards and safeguarding social stability.Zhou said, while China was making its 12th five-year plan for socioeconomic development in the 2011-2015 period and India making its 11th five-year plan, China wished to increase political trust with India, expand cooperation of mutual benefit, and deepen the strategic cooperative partnership with India.Prime Minister Singh said the friendly relations between India and China played an extremely important role in promoting peace, stability and development in Asia and even in the whole world.Zhou also met on Monday with ruling Indian National Congress party President Sonia Gandhi and party General Secretary Rahul Gandhi.During the meeting, Zhou said the development of China and India provided opportunities rather than posed challenges to each other.Both China and India believed the world was big enough to accommodate the common development of China and India, Zhou said, adding the Chinese side was happy for every achievement that India made in its development.As for the China-India trade, which is expected to reach 60 billion U.S. dollars this year, Zhou said there was still great potential for the two big emerging powers to tap.He hoped both sides could deepen the strategic cooperative partnership further, strengthen practical cooperation in various fields, and increase personnel exchanges at different levels.Sonia Gandhi said India had always paid great attention to China's development and welcomed the improvement in the living standard of the Chinese people.She said India's and China's development had speeded up the recovery of the world economy in the face of the international financial crisis and she hoped both sides could strengthen coordination and cooperation further and tackle various global issues in a better way and maintain the favorable momentum of development.Zhou also met with Indian Minister of External Affairs S. M. Krishna,the president of the Bharatiya Janata Party (Indian People's Party) Nitin Gadkari and leaders of three left-wing parties on Monday.During a seminar on China-India ties on Monday, Zhou asked for joint efforts to promote China-India relations."It is an inevitable trend of history to consolidate and develop the peace and friendship between China and India," Zhou said."We should extract nutrition and wisdom from history to persist in maintaining peace, friendship and mutually beneficial cooperation, and to be good neighbors, good friends and good partners forever," he said.He made a five-point proposal on the further development of China-India relations, including promoting political mutual trust, expanding cooperation in economics and trade, boosting friendly exchanges, strengthening international cooperation, and promoting friendly consultation.Before wrapping up his three-day visit, Zhou on Tuesday visited India's IT bellwether Infosys Technologies in Bangalore, known as the Silicon Valley of India.
来源:资阳报