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BEIJING, Aug.1 (Xinhua) -- The People's Bank of China, China's central bank, has asked its branches to effectively implement a moderately loose monetary policy in the second half of the year.The bank urged maintaining the continuity and stability of monetary policies while making them more targeted and flexible, according to a statement on the bank's website after a meeting with branch presidents.It also urged adhering to the policy of striking a balance between keeping stable and relatively fast economic growth, adjusting the economic structure and managing inflation expectations.It asked its branches to stick to its annual lending target while maintaining market liquidity at a reasonable level.Housing loan policies should be strictly implemented to ensure the stable and healthy development of China's real estate market, the statement said.h China's monetary policy should be more proactive, targeted and effective, the statement added.The central bank has set a target to keep the country's new bank lending to below 7.5-trillion-yuan (1.1 trillion U.S. dollars) in 2010.In the first half of the year, China's new yuan-denominated lending hit 4.63 trillion yuan, down 2.74 trillion yuan from the same period last year.

OTTAWA, June 24 (Xinhua) -- Visiting Chinese President Hu Jintao met Canadian Prime Minister Stephen Harper on Thursday for talks on the development of China-Canada ties.The two leaders are also expected to exchange views on major global and regional issues of common concern, said Chinese diplomats.According to the schedule, Hu and Harper will attend a signing ceremony of cooperation documents following their talks.Hu flew into Ottawa on Wednesday for a state visit to Canada.This year marks the 40th anniversary of the establishment of diplomatic relations between China and Canada.

BEIJING, June 27 (Xinhua) -- Heavy rainfalls have ended in South China's flood-battered Provinces and water levels of major rivers in Jiangxi and Hunan provinces are receding, according to the State Flood Control and Drought Relief Headquarters (SFDH) Sunday.However, flood prevention work must not slow down since risks remain, said the SFDH.Also, water levels in Jiangxi Province's Ganjiang River and Poyang Lake remain higher than normal warning levels and water in Hunan Province's Dongting Lake is still rising.Persistent heavy rains that have devastated parts of south China had, by Saturday, left 379 dead, and 141 missing, and resulted in economic losses estimated at 82.4 billion yuan, the SFDH said.The torrential rains and ensuing floods have affected 68.7 million people in 22 provincial-level regions along with 4.36 million hectares of farmland, said the headquarters.

XINING, June 19 (Xinhua) -- Chinese Vice Premier Hui Liangyu has urged local government to pay more attention to improving people's living conditions during reconstruction in the quake-hit Yushu of northwest China's Qinghai Province.Hui made the remark during his inspection tour on Saturday to the area jolted by a 7.1-magnitude earthquake on April 14.At the worst-hit Gyegu town, Hui inspected supply of water, food and fuel, local market, as well as health care services for quake survivors. He urged local government officials to solve difficulties in the daily life of the quake survivors." hspace="0" src="/d/file/p/2010/06/56aed864bc3f607d80fd277e7c894575.jpg" border="0" />Chinese Vice Premier Hui Liangyu (R front) talks to a Tibetan ethnic girl during his visit to a temporary settlement in quake-hit Yushu prefecture, Qinghai Province of northwest China, on June 19, 2010.Materials such as cotton tents, stoves and fuel should reach the hands of quake survivors at an early date in preparation for the winter, he said.Cleaning up debris should be stepped up to create conditions for reconstruction in the quake zone, Hui said.The opinions of local farmers and herdsmen must be heard and their will respected in designing and construction of their homes, Hui said.The 7.1-magnitude quake that struck Yushu on April 14 killed more than 2,200 people and flattened thousands of homes.

来源：资阳报