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BEIJING, Nov. 28 (Xinhua) -- China has vowed to maintain its macroeconomic policy stance in 2010 despite worries that its stimulus is likely to risk fueling new bubbles and overcapacity.     A meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee agreed Friday that the country will continue the proactive fiscal policy and moderately easy monetary policy next year.     "It is a must for the country to stick to the pro-growth policy stance," said Zhang Liqun, a researcher with the Development Research Center of the State Council, one of China's top think tanks.     "A guarantee to the 8-percent growth target this year does not mean the national economy has been on an independent and stable developing track," Zhang said.     Many uncertainties, both at home and abroad, still weighed on China's economy and it was quite necessary for the government to maintain its policy stance, said Feng Fei, a senior researcher at the Development Research Center of the State Council.     China's economic growth has approached its pre-crisis level a year after the adoption of the 4-trillion-yuan (585.6 billion U.S. dollars) economic stimulus package.     The country's economy grew 8.9 percent year on year in the third quarter this year, accelerating from 7.9 percent in the second quarter and 6.1 percent in the first quarter. In the third quarter last year, it increased 9 percent year on year.     However, the country's strategy has raised concern that loose money could inflate prices of stocks and housing, build up unneeded factories and saddle the economy with bad debts.     Although the current stimulus package had side effects, it was not the time for retreat, said Zhuang Jian, a senior economist with the Asian Development Bank.     The government should be aware of the hidden trauma in economic growth and be ready at all time for popping-up problems by improving the policy flexibility, he said.     It was important to enhance the flexibility and focus of macro regulation, considering the inflationary expectations, assets bubble risk and rapidly changing economic situation, Feng said.     The Political Bureau vowed to enhance the focus and flexibility of economic policy in the following year according to new situations. It would also further implement and enrich the economic stimulus package to make the economy grow in a more stable, balanced and sustainable way.     Bureau members agreed the government would maintain continuity and stability in its macroeconomic policies, according to a statement released after the meeting.     The barely-changed wording in the statement of the meeting, convened ahead of the annual Central Economic Work Conference, would set the tone for next year's economic work, said Wang Tongsan, a senior researcher with the Chinese Academy of Social Sciences.     He noted that the "five highlights" in the statement would be mid- and long-term strategy for economic and social development in China, which would enable the country to grab the opportunity during the crisis.     The country would step up efforts to improve the quality and efficiency of economic growth, to promote the transformation of the economic development pattern and structural adjustments and to promote innovation and reform and opening up to enhance the vigor and momentum of economic growth, the statement said.     It also urged more efforts to improve people's livelihood and maintain social stability, and to coordinate the domestic and international situation.

BEIJING, Oct. 31 (Xinhua) -- China's top legislature closed Saturday its five-day bimonthly meeting, adopted a law on diplomatic personnel and appointed a new minister of education.     The legislation, aiming to enhance diplomatic personnel management, is the first of its kind to regulate Chinese government agents working in the 171 countries with which China has diplomatic ties.     Top legislator Wu Bangguo said the law clarified diplomats' duties and obligations as well as titles and ranks, which was "conducive to the implementation of the country's independent foreign policy."     Wu presided over the 11th meeting of the Standing Committee of the 11th National People's Congress (NPC), the top legislature.     The session also deliberated a draft amendment to the Electoral Law, which was enacted in 1953. Lawmakers considered granting equal representation in people's congresses to rural and urban people. Wu Bangguo, chairman of the Standing Committee of China's National People's Congress (NPC), the country's top legislature, presides over the closing meeting of the 11th meeting of the 11th NPC Standing Committee, in Beijing, Oct. 31, 2009. Wu delivered a speech at the meetingThe draft amendment echoed Communist Party of China (CPC) Central Committee General Secretary Hu Jintao, who proposed in a report to the 17th CPC National Congress in October 2007 that rural and urban areas should have equal rights in election of lawmakers.     Wu said the revision was in line with the spirit of the 17th Party congress and the conditions of the country's economic and social development.     It ensured equal representation among people, regions and ethnic groups.     He said the draft amendment to the Electoral Law would be submitted to a bimonthly session in December and a NPC plenary session in March next year for a second and third reading.     Wu also reviewed the NPC's supervisory work this year, especially on the 4-trillion-yuan, two-year stimulus package announced by the central government last November to revive the economy during a global economic slowdown.     The meeting also announced the appointment of two senior officials.     Yuan Guiren, in replacement of Zhou Ji, was appointed minister of education.     Li Xiaofeng was appointed chief procurator of the military procuratorate under the People's Liberation Army to replace Gao Laifu.     At the session, lawmakers also ratified a bilateral treaty on civil and commercial judicial assistance with Brazil.

BEIJING, Jan. 3 (Xinhua) -- China's Central Meteorological Station (CMS) on Sunday evening issued the third orange alert since the first one on Saturday, extending the warning against a strong cold wave and strong wind.     Temperature was expected to fall by 14 to 18 degrees Celsius from Sunday night to Tuesday in central Inner Mongolia Autonomous Region, Shaanxi Province and the western parts in regions along the Yellow and Huaile rivers, or 16 to 18 degrees Celsius in some of these regions, according to the CMS. Soldiers of the Armed Police Force clean the snow on the street in Beijing, China, Jan. 3, 2010.The country's north and central areas, including eastern parts of the northwest China, north China, Guizhou Province, Chongqing, and some regions in the Qinghai-Tibet Plateau, would suffer a temperature plunge by 8 to 12 degrees Celsius, said the CMS.     From Tuesday to Wednesday morning, temperature in the northern parts of north China was forecasted to slump to minus 20 to 32 degrees Celsius, and the central and south regions in north China and areas long the Yellow and Huaihe rivers would drop to minus 10 to 18 degrees Celsius. Tourists pay a visit to the Ancient Cultural Street in snow, in Tianjin, north China, Jan. 3, 2010. A heavy snowfall hit Tianjin on Saturday night. The local observatory has issued orange warning signal of heavy snowThe CMS issued the first orange alert against cold wave on Saturday, and the second one on Sunday morning.     During the three-day New Year's Day holiday, a total of 15 highways and some sections of three national highways in eight provinces, municipalities and autonomous regions, including Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia were closed due to the heavy snow brought by the cold snap, according to the Ministry of Transport. Pedestrians walk in the street during a snowfall in Shijiazhuang, capital city of north China's Hebei Province, Jan. 3, 2010

MANILA, Nov. 19 (Xinhua) -- China's top political adviser, Jia Qinglin, and Philippines Senate President Juan Ponce Enrile pledged to boost cooperation between the Chinese People's Political Consultative Conference (CPPCC) and the Philippine Senate when they met here Thursday.     Jia, chairman of the CPPCC National Committee, said China-Philipines ties had witnessed healthy development since the two countries established diplomatic ties in 1975.     "China and the Philippines share broad common interests," Jia said, highlighting the enhanced mutual political trust, booming economic and trade ties, frequent humanitarian and cultural exchanges and close coordination on international and regional issues. Jia Qinglin (R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Juan Ponce Enrile, president of the Philippine Senate, in Manila on Nov. 19, 2009. Jia Qinglin arrived in Manila on Nov. 19 for a two-day official goodwill visit to the Philippines    China appreciated the Philippine parliament's firm adherence to the one-China policy on the Taiwan issue, Jia noted.     He said China and the Philippines could further cooperate in fighting the global economic crisis and China would like to enhance cooperation with the Philippines in such sectors as trade, two-way investment, tourism, education and culture with the principle of equality and mutual benefit, he said.     Jia spoke highly of the close contact and exchange between the CPPCC and the Philippines Senate, pledging to step up exchanges and learn from each other to promote the social development of the two countries.     Enrile said the Philippines enjoyed great benefits from the friendly and cooperative ties with China.     He appreciated China's aid to the typhoon-hit areas of the Philippines and vowed to unswervingly stick to the one-China policy.     After their talks, Jia and Enrile witnessed the signing of several agreements on economic, education and disaster relief cooperation.     Jia arrived in Malina Thursday afternoon for a two-day official visit as guest of Enrile. He will also visit Peru, Ecuador and Brazil.

BEIJING, Oct. 22 (Xinhua) -- Qingdao Haier Co., Ltd., a leading Chinese household electric appliance producer, announced Thursday evening that its net profit in the third quarter rose 48.88 percent year on year to 300.7 million yuan (44.03 million U.S. dollars).     Its net profit in the first three quarters increased 28.7 percent from a year earlier to 966.4 million yuan, the firm said in a statement to the Shanghai Stock Exchange.     The eastern Shandong Province-based company attributed the net profit hike to reduced inventory and improved assets quality.     Equities of the Shanghai-listed firm added 1.28 percent to 18.17 yuan per share Thursday.