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BEIJING, Dec. 29 (Xinhua) -- China's gross domestic product (GDP) is predicted to grow by around 9.5 percent in 2011, 0.5 percentage points lower compared to the growth rate expected for this year, said a report issued Wednesday by the Bank of China (BOC).The report by the BOC, China's third largest lender, was based on the bank's projections of weak overseas demand, tighter monetary policy, and the government's planned economic restructuring for 2011, the first year of China's 12th five-year plan.The Chinese government announced in early December that it will switch its monetary policy stance from relatively loose to prudent next year to tackle rising inflation and keep economic growth at a sustainable pace.The report also said government policies this year to curb soaring property prices in some major cities, and the country's efforts to improve energy efficiency had slowed the economy with the GDP dropping to 9.6 percent in the third quarter, down from the second quarter's 10.3 percent and 11.9 percent in the first quarter.The report also forecast inflation to rise 4 percent in 2011, compared to the 3.3-percent rise expected for 2010. It said that in the second half of the year, the producer price index (PPI) for China's industrial products had kept rising along with the consumer price index (CPI), adding more inflationary pressure for the future.The Chinese government set a 3-percent target for inflation this year, but looks unachieveable after the index rose 3.2 percent during the first 11 months. Pushed up mainly by rising food prices, the index soared 5.1 percent in November to a 28-month high.The report also predicted new lending next year would be 7 trillion yuan (1.06 trillion U.S. dollars), just slightly down from the 7.5 trillion yuan target set by the government for 2010.Growth rates of retail sales of consumer goods and industrial value-added output would see a slight drop from year 2010, while imports would likely grow by 18 percent, 3 percentage points higher than exports.As inflation triggers wider public concerns, expectations for more hikes in interest rates are strengthening. The report forecast the People's Bank of China, the central bank, would likely hike rates for up to three times next year, mostly during the first half of the year.The central bank on Sunday raised the benchmark one-year lending and deposit rates by 25 basis points for the second time in just over two months. It had also set higher commercial lenders' reserve requirement ratio six times this year in a move to tighten liquidity amid climbing inflation.

WASHINGTON, Dec. 10 (Xinhua) -- Senior Chinese and U.S. military officials will exchange visits in 2011, a Chinese Defense Ministry official said here Friday.The two sides have agreed that U.S. Defense Secretary Robert Gates will visit China from Jan. 10 to Jan. 14, 2011, and Chen Bingde, chief of the General Staff of the Chinese People's Liberation Army (PLA), will visit the United States at a mutually convenient date in 2011, Guan Youfei, deputy director of the ministry's Foreign Affairs Office, told a press conference.The news briefing was held after defense consultations between China and the United States on Friday, which was co-chaired by Ma Xiaotian, deputy chief of the General Staff of the PLA, and U.S. Under Secretary of Defense Michele Flournoy.Guan Youfei, deputy director of the Foreign Affairs Office of Chinese Defense Ministry, gestures during a press conference in Washington Dec. 10, 2010. Senior Chinese and U.S. military officials will exchange visits in 2011, Guan said here Friday.During the talks, the two sides exchanged views on relations between the Chinese and U.S. militaries, maritime safety, national defense building and army building, as well as some international and regional issues. The atmosphere was candid and pragmatic, Guan said.Guan said the Chinese side attaches importance to Gates' upcoming China visit, and hopes it will deepen mutual understanding of the armed forces of the two sides, expand consensus and contribute to the healthy and stable development of their ties.Ma and Flournoy agreed that relations between the two armed forces are an integral part of bilateral ties, and it is important to keep it healthy and stable; and that the two countries' militaries should maintain dialogues and exchanges at various levels to enhance mutual understanding and avoid miscalculations.During the talks, Ma also noted the Sino-U.S. relationship has not only bilateral implications, but increasing global influence. China values the relationship between the two countries' armed forces, and has made sincere efforts to advance it. China is willing to enhance dialogue and exchanges with the United States to promote mutual understanding and trust.

BEIJING, Jan. 8 (Xinhua) -- The Chinese laid-off cleaner never dreamed of being visited by President Hu Jintao, nor did she think the visit would be followed by a public humiliation of her. "Now half the population of China think of me as a liar," complained 47-year-old Guo Chunping, with tears in her eyes. Guo became famous overnight after President Hu visited her in her low-rent apartment on the Fifth East Ring Road in Beijing just before New Year. In footage aired by China Central Television (CCTV) on December 30, 2010, she was asked how much rent she paid. "Seventy-seven yuan (about 11.6 U.S. dollars)," she replied in front of the camera. Netizens soon posted 172 photos of a woman, appearing like Guo, posing with luggage at a long-distance bus station or sitting in a luxurious restaurant. Guo was described as a "civil servant" by Chaoyang District police, who was too rich to be qualified to have a low-rent house. Also, with China's skyrocketing house prices and with rent in Beijing generally above 1,000 yuan, paying 77 yuan in rent sounded unbelievable to many. To prove Guo right or to refute her, media workers flooded her 50-square-meter apartment. "The telephone rang endlessly, and some journalists even climbed onto the building opposite my apartment with cameras," Guo said. What troubled her most happened after a reporter asked her to pose with her unemployment certificate for a photo to prove her "innocence." The next day, the photo was everywhere online, with her detailed information. "I am not a murderer," she protested angrily, "why should I pose like that and let the entire of China know that I was laid off and divorced?" According to people close to her, Guo has become hysteric lately. Xinhua reporters had difficulty persuading her to meet with them, and she would only do so on the condition that the interview be conducted far away from her apartment. Liu Tao, vice director with the Housing Administration Bureau of the Chaoyang District, has done a calculation. The monthly rent of low-rent houses in the district was 33.6 yuan per square meter. The figure was multiplied by the size of her apartment to get the rent, 1,545 yuan. According to local policies, the government pays 95 percent of the rent. Therefore, Guo herself should turn in only 5 percent, 77 yuan in total. "In the Lijingyuan Community 487 low-income households signed leases for low-rent houses," Liu said. Despite the clarification of local officials and Guo herself, doubt still lingers. Sun Yingchun, a professor with the School of Foreign Studies of the Communication University of China, believed that people's doubt over Guo' s identity and truth of the news showed their lack of understanding to the low-rent house policy. "The TV report didn't make it clear to the people," he said.The report, without specifying calculation to the rent, just told audiences of the result, 77 yuan, which was too low to be true. Besides, Sun noted that the incident gave people an outlet to vent their anger about high housing prices. Despite a series of policies to cool down the housing market, the average price of housing sold by 30 major real estate companies in China stood at 10,286.42 yuan per square meter last year, up 23.98 percent year on year. Housing was just one of many problems concerning people's livelihood which Sun believed that "for a long time the government didn't address properly." As a result, "people would distrust what the mainstream media reported," he said. These reports, like the "77-yuan tenant" story, seemed to many as too rosy to be true, he added. However, Sun said the doubt showed democratic progress. "The voice of the netizens was not interfered with by the government, and people were free to find the truth by themselves," he said. The government also endeavored to improve people's livelihood. To make houses affordable for the people, about 3.7 million affordable houses were built nationwide in 2010 and 2011, and 10 million more apartments will be built for the low-income group this year. Beijing has now 240,000 households living in low-rent houses. The government has pledged to make low-income housing projects take up 60 percent of the housing supply in five year. Before moving to her apartment in Lijingyuan Community, Guo said she could only afford to rent houses from farmers of some six to eight square meters in size. "This is the only place I feel like I want to live," she said. "People are eager to have houses, but the government has to do its job step by step," Liu Tao said. "Helping the most impoverished is our priority." Enditem

CHENGDU, Nov. 21 (Xinhua) -- Twenty-eight miners were trapped in a colliery flood in southwest China's Sichuan Province on Sunday, the local safety watchdog said.The accident happened at 11 a.m. in Weiyuan County of Neijiang City.Altogether 41 miners were working underground when a pit of Batian Coal Mine was flooded. Thirteen of them escaped, said Lin Shucheng, chief of the provincial work safety bureau.He said rescuers had begun pumping flood water from the pit early in the afternoon. "We have sent four trucks of pumping equipment from Chengdu to help the rescue work."Graphic shows twenty-eight miners were trapped in a colliery flood in southwest China's Sichuan Province on Nov. 21, 2010.He said medical workers were standing by to provide first-aid.Lin said the Batian Coal Mine had undergone a renovation to increase its annual output to 60,000 tonnes from the designed 50,000 tonnes. "But all its operation was legal. Its business license and production permits are valid."A similar flooding trapped three workers who were prospecting for an iron mine in the southern Guangxi Zhuang Autonomous Region Saturday night. Rescue work continued Sunday.

BEIJING, Dec. 30 (Xinhua) -- China's Ministry of Civil Affairs (MCA) has ordered measures to offset the impact of inflation on "people with difficulties" to ensure their ability to subsist, especially during the New Year and the Spring Festival.Rising food costs alongside other factors have been driving up China's inflation. For instance, the consumer price index (CPI) increased by 5.1 percent last month, hitting a 28-month high.In a recent notice to local civil affairs authorities, the MCA ordered "effective measures" to minimize the impact of inflation on low-income groups and other groups of people having financial difficulties.Civil affairs authorities should set proper living allowances for these groups by assessing the impact of rising prices on their lives, the notice said.Further, a mechanism that ensures living allowances are raised at the same rate as rising prices should be established, and the amount of living allowances should be raised.The notice also ordered local civil affairs authorities to rescue the homeless in cities and help them throughout the winter.The Spring Festival, also known as the Chinese Lunar New Year, will fall on Feb.3, 2011. It is the most important festival for people of Chinese origin as it is an occasion for reunions of family members, relatives and friends.

来源：资阳报