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BEIJING, August 5 -- Property sales across 30 cities in China fell 4 percent in July as prices soared and supplies dwindled with big cities feeling the pinch for the first time this year, analysts said. According to the UWIN property transaction system, the floor space of apartments sold in July dipped 5.37 percent over June to 1.04 million sq m. Statistics put out by the Beijing Real Estate Transaction website showed that sales of forward delivery housing in Beijing fell to 10,862 units last month, compared to 12,840 units in June. Property transactions in Guangzhou fell 36 percent over June. The figure is only half of that of May, said Guangzhou's official property website. "The fall has been triggered by high property prices and shrinking supplies in some cities," said Qin Xiaomei, head of research, Jones Lang LaSalle Beijing. "Property developers have slowed down the pace of new projects in the second half after robust sales in the first half," she said. Property prices in China's 70 major cities were up 0.8 percent in June, the fourth month-on-month growth in a row this year, according to statistics from the National Development and Reform Commission. Beijing and Shanghai reported a month-on-month growth of 0.4 and 1 percentage points respectively in June, with prices skyrocketing to record highs of 2007 in some areas, fueled by strong investment, purchase demand and higher land prices. The high prices have also made most of the prospective buyers wary of making fresh investments. Li Wei, a 29-year-old company executive in Beijing, said he would prefer to adopt a wait-and-see attitude as the high prices have made most of his preferred apartments unaffordable. "The unit price of the apartment has soared to 20,000 yuan per sq m from 14,500 yuan per sq m 40 days ago," Li said. For others like Zhang Li, a property speculator from Wenzhou, Zhejiang province, this is the time to cash in. The apartment she bought in November last year has gained 40 percent in the past six months, largely exceeding her expectations. "I am a bit uneasy with such a rapid increase in such a short period of time," said Zhang, who has property investment experience of more than a decade. "With people's income and economic fundamentals seeing no big change, I think selling the property will be a safer bet." According to Grant Ji, director of Savills (Beijing), a UK-based real estate service provider, the fall in transaction volume is still within a normal band. "July was an off-season for the housing market," said Ji. "With no big shift likely in the macroeconomic policy during the second half, property prices are unlikely see a big fall as the market is still awash with funds," Ji said.

BEIJING, Aug. 14 (Xinhua) -- China honored Friday 49 outstanding civil servants and 31 groups from across the country that the government said had "satisfied people." "'To satisfy people' are such simple words, but it's far from that simple to actually put it into practice. It requires civil servants to do their work diligently with love for the people," said Premier Wen Jiabao at the awarding ceremony in Beijing. Wen hoped all civil servants across the country would learn from the models, work industriously and fulfill their jobs in accordance with laws and government policies. Chinese Premier Wen Jiabao (L, front) shakes hands with a representative attending the awarding ceremony of outstanding civil servants and groups, in Beijing, capital of China, Aug. 14, 2009. China honored Friday 49 outstanding civil servants and 31 groups from across the country that the government said had "satisfied people." He urged all civil servants to stand against corruption and enhance their professional knowledge to better serve the people. Li Changchun and Xi Jinping, both members of the Standing Committee of the Communist Party of China Central Committee Political Bureau, also attended the ceremony. Chinese Premier Wen Jiabao (C, front), Li Changchun (R, front), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, and Chinese Vice President Xi Jinping (L, front) pose a group photo with representatives attending the awarding ceremony of outstanding civil servants and groups, in Beijing, capital of China, Aug. 14, 2009
BEIJING, Aug. 6 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday personally conveyed National Day greetings to elderly scientists who have made prominent contributions to atomic and medical research. China's National Day this year will commemorate the 60th anniversary of the founding of modern China. Premier Wen first visited Zhu Guangya, a nuclear physicist and one of the key scientists engaged in producing the first of China's atomic and hydrogen bombs between the 1950s and 1960s. "You have devoted your whole life to the development of the country and service to the people. We will remember you with concern forever," Wen told 85-year-old Zhu. Chinese Premier Wen Jiabao(L) talks with Zhu Guangya, a renowned Chinese physicist during his visit to Zhu in Beijing, capital of China, on Aug. 6, 2009 "Your loyalty and unselfish dedication to the country and people will encourage younger generations and their descendants forever," Wen told Zhu, a winner of the prestigious Achievement Medal for his work on nuclear weaponry and also satellites. Wen had worked closely with the scientist for five years when Zhu was president of the Chinese Academy of Engineering and China Association for Science and Technology. Zhu told Premier Wen that China should take the opportunity provided by the global economic downturn to bring the country on to a track of innovation-oriented development, and also that the government should establish firmer regulations to prevent academic cheating. Chinese Premier Wen Jiabao(1st, R) supports He Zehui(C), a renowned Chinese physicist, during his visit to He in Beijing, capital of China, on Aug. 6, 2009Upon arrival at He Zehui's home, Premier Wen was delighted to see the 95-year-old physicist had recovered from an illness. It was the fifth consecutive visit by Wen to He in the past five years after her husband, physicist Qian Sanqiang, died in 1992.
BEIJING, Oct. 3 (Xinhua) -- Former Chinese ambassador to Brazil Chen Duqing said Saturday China may play a significant role in Riode Janeiro's preparations for the 2016 Olympic Games. "Compared with the other applicants, currently Rio de Janeiro still has a lot to do to improve its sports facilities and other infrastructure, which indicates a special opportunity for Chinese companies," Chen told Xinhua Saturday in an exclusive interview. The costs of preparing for the event in 2016 are estimated at roughly 12 billion U.S. dollars. However, the event is expected to generate 250 billion. Zhou Zhiwei, an expert in Brazil studies with the Chinese Academy of Social Sciences, noted that for Rio de Janeiro, traffic and infrastructure are the city's weak points. Beating rivals Chicago, Tokyo and Madrid, Rio de Janeiro won the right to host the world's largest stage of sporting events after three failed attempts. Rio de Janeiro's win also marks the first time that an Olympic Games will be held in South America. Chen said as big third world countries, both China and Brazil have cooperated closely in applying for host cities, making preparations and organizing the Games in the past few years. In 2007, China's General Administration of Sports sent teams to Brazil to draw experiences from the Pan American Games. During last year's Beijing Olympics, the Brazilian Olympic Committee and the Rio de Janeiro bid team came to China to watch the games. Besides the Games, Rio de Janeiro, along with another seven cities, was also expected to host the 2014 World Cup, which required large investments in infrastructures in terms of sports facilities, transportation and reception, Chen said. "Just like their Beijing friends, I believe people in Rio de Janeiro will also enjoy rich benefits brought along by the Olympic Games," he added.
来源:资阳报