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BEIJING, Jan. 3 (Xinhua) -- China faced severe challenges over the past five years, from the global financial crisis to massive earthquakes. However, the steps in the ongoing development, under the leadership of the Communist Party of China (CPC) Central Committee, have never stopped.The following are some facts and figures on the development of China during the period.China posted an annual GDP growth of more than 10 percent, while the GDP per capita exceeded 4,000 U.S. dollars.Progress was made in socialist democracy and law-based government administration, the culture industry and social construction.People's livelihoods were improved with a series of efforts in education, employment, income distribution, social security and health care.Exchanges between China and the rest of the world were enhanced through events such as the Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Games.
BEIJING, Nov. 9 (Xinhua) - China's consumer price index (CPI) is expected to rise by slightly higher than the government's target of 3 percent this year, Zhang Ping, head of the National Development and Reform Commission, said Tuesday.Besides upward pressure on commodities prices due to natural disasters and imported inflation, loose domestic liquidity and speculation factors have also contributed to the prices hikes, Zhang said at a coal industry conference, adding that the government is paying close attention to domestic commodities prices, especially farm produce prices.Citizens shop at a supermarket in Haikou, capital of south China's Hainan Province, on Aug. 11, 2010.Zhang also said that edible oil is plentiful, though cotton and vegetables are projected to be in short supply during the rest of the year.Additionally, food prices, which account for one-third of weight in calculating the CPI in China, climbed 8 percent in September, pushing the CPI to reach a 23-month high of 3.6 percent in September.

BEIJING, Nov. 17 (Xinhua) -- A senior leader of the Communist Party of China (CPC) Wednesday called for the fight against corruption to be stepped up to facilitate China's social and economic development.He Guoqiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Secretary of the CPC's Central Commission for Discipline Inspection, made the remarks while addressing a meeting in Beijing, according to a statement given to Xinhua.Fighting corruption would help China to secure the implementation of its new five-year development program for 2011-2015 and the transformation of the country's economic growth mode, He said.He called for innovation in guidelines, ways and mechanisms to fight corruption among officials, adding intensified efforts should be made to address problems the public complained about most.He told scholars at the meeting that the role of scholars and experts in bringing messages of the masses to the attention of the authorities had been valuable in helping communication.
BEIJING, Nov. 28 (Xinhua) -- China National Offshore Oil Company Limited (CNOOC) said Sunday Bridas Corporation, a joint-venture equally-owned by CNOOC International Limited and Argentina-based Bridas Energy Holdings (BEH), will acquire a 60 percent equity interest in Pan American Energy (PAE) from BP for approximately 7.06 billion U.S. dollars.The acquisition excludes PAE's assets in Bolivia, according to a statement on the website of CNOOC, China's largest offshore oil and gas producer.CNOOC International, a wholly owned subsidiary of the company, and BEH have agreed to contribute about 4.94 billion U.S. dollars to Bridas to finance 70 percent of the proposed acquisition. The contribution will be made in equal amounts of approximately 2.47 billion U.S. dollars by CNOOC International and BEH.The remaining 30 percent, or approximately 2.12 billion U.S. dollars, will be satisfied by third party loans to be arranged by Bridas and additional contributions from CNOOC International and BEH.Completion of the acquisition is conditional on, among others factors, all necessary government and regulatory approvals, and is expected to take place in the first half of 2011.In the first half of 2010, CNOOC International and BEH completed the formation of a half-half joint venture in Bridas.
XI'AN, Nov. 19 (Xinhua) -- A 100-member team of Chinese soldiers left here Friday for the Democratic Republic of Congo (DRC) for an eight-month UN peace-keeping operation there. They formed the first batch of China's 12th peace-keeping team to DRC since 2003. They will be joined by a second batch of 118 soldiers who are scheduled to depart on Nov. 28.The 12th team comprises military engineers and medical staff. United Nations (UN) peacekeepers of China attend a farewell ceremony in Xi'an, capital of northwest China's Shaanxi Province, Nov. 19, 2010. Part of the 12th group of Chinese UN peacekeeprs for The Democratic Republic of Congo, including 80 engineers and 20 medicals, set off on their 8-month-long UN peacekeeping mission on Friday.China's 11th peace-keeping team to DRC, made up of 220 soldiers in total, left Lanzhou, capital of northwestern Gansu province in March.
来源:资阳报