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SHANGHAI, Oct. 23 (Xinhua) -- An official of one of China's top government think tanks called on Saturday for the readjustment of the nation's breakneck expansion of the auto industry as an explosion of new cars on China's roads aggravates problems with pollution and congestion.Liu Shijin, deputy director of the Development Research Center of the State Council, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.Also, auto manufacturers should strengthen their safety and quality control standards, he said.Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct. 12.In fact, annual sales and production could exceed 17 million, CAAM said.Although the expansion has brought an industrial boom to the country and boosted domestic demand, it has also triggered widespread concerns over the country's energy capacity, pollution levels and notorious traffic jams.In Beijing, the increasing number of private cars, along with heavy rainfall and a spurt in holiday travel, caused a record 140 traffic jams on a single Friday evening last month. In some parts of the city on that day people spent nearly two hours on what would normally have been a 15-minute commute.Further, Liu said increasing social problems arising from the country's industrial boom has made its future development unsustainable, which is a test for the government.He also suggested government allow market forces to play a larger role in allocating resources, and also permit uncompetitive producers to be phased out.

BEIJING, Oct. 16 (Xinhua) -- Wang Jianping, 63, a healthy retiree from a Beijing-based enterprise, has recently begun searching for nursing homes."When I cannot move, I will live in the old people's home and will not inconvenience my children," Wang said.Her experience of caring for her 89-year-old mother-in-law, who suffers from senile dementia over the past 14 years, prompted her to "search for nursing homes as early as possible," she said.As China marks Seniors Day Saturday, or the ninth day of the ninth lunar month, experts have called for an improvement in the country's services to the aged, especially at a time when the "only child" generation is finding it increasingly difficult to care for four parents (their own and their spouse's parents).The Office of the China National Committee on Ageing said the number of people aged 60 or above stood at 167 million in 2009, or 12.5 percent of the 1.3-billion population.Chen Chuanshu, deputy director of the Office of the China National Committee on Ageing, said the ageing problem not only affected individual families, but was also a major social problem that concerned the national economy and people's livelihoods.Yang Yanan, a 24-year-old postgraduate student at the Department of Sociology of Peking University, said her grandmother was cared for by four children, and the grandmother would live, in turn, in the homes of Yang's parents and her uncles and aunts.Hao Maishou, an expert on the ageing issue at the Tianjin Academy of Social Sciences in northern China, said that traditionally, the elderly were taken care of by their sons, financially and socially.After the New China was founded in 1949, a pension and the aged insurance system was established in both urban and rural areas, but since it was far from perfect, most old people continued to be cared for by their own families. Only a few lived in old-age homes, Hao said.But today, most parents of the country's first-generation of children with no siblings, following the government's "one-child" policy, have started realizing that they cannot depend on their children to look after them when they grow old. These parents are mostly in their 50s.Chen said that family-based care was still the main way of caring for the aged in China, and the country was working on improving these policies, financial support and caring services for the elderly.In the recent past, the government has mobilized non-public sectors to serve the aged and encouraged private capital to enter the sectors providing services to this demographic.Towards that end, a project called the "Aiwan (Loving the Old Age) Project" was begun in 2008, covering major Chinese regions with serious ageing problems, using an investment of 10 billion yuan (1.47 billion U.S.dollars). Twenty centers for living, entertainment, cultural activities and rehabilitation were to be built in these regions in five to eight years.Hao of the Tianjin Academy of Social Sciences said that after 2030, caring for the aged in China would be jointly shouldered by families and the society, as a large number of elderly people will also have to care for their own aging parents."The country will expand the coverage of social security to the entire population," he said.

BEIJING, Nov. 5 (Xinhua) -- Chinese Vice Premier Wang Qishan on Friday called on China and the United States to strengthen economic cooperation and avoid politicizing economic issues. Wang made the remarks while meeting with Wendell P. Weeks, chairman and chief executive officer of Corning Incorporated, a large manufacturer of specialty glass and ceramics.Wang welcomed Corning's continued investment expansion in China, saying the economies of China and the U.S. were interdependent and highly complementary. Chinese Vice Premier Wang Qishan (R) meets with Wendell P. Weeks, chairman and CEO of Corning Incorporated, in Beijing, capital of China, Nov. 5, 2010.He called on the two sides to step up economic cooperation and make joint efforts to build a positive, cooperative and comprehensive Sino-U.S. relationship for the 21st century.Weeks expressed Corning's willingness to further cooperation with China.Later Friday, Wang also met with Josef Ackermann, chairman of the Management Board and the Group Executive Committee of the Deutsche Bank.During their meeting, the two sides exchanged views on the current international economic and financial situation as well as the reform of international financial supervision and regulation.

BEIJING, Nov. 2 (Xinhua) -- Chinese companies' overseas investment rose 10.4 percent year on year in the first nine months even as global investment as a whole dropped sharply over the period, a senior Chinese official said Tuesday.Chinese companies invested 36.3 billion U.S. dollars overseas in the first three quarters, excluding investments in financial sectors, as other other companies, hit by the global downturn, reduced overseas investment, Zhang Xiaoqiang, vice chairman of the National Development and Reform Commission, China's top economic planning agency, said at the opening of the 2nd China Overseas Investment Fair in Beijing.China has emerged as a major source of foreign direct investment (FDI) outflows.Although global FDI outflows dropped 40 percent year on year in 2009, China's overseas investments rose 14.2 percent year on year to 47.8 billion U.S. dollars, said Zhang.By the end of 2009, more than 12,000 Chinese firms had set up 13,000 overseas enterprises in 170 countries and regions, he said.The National Development and Reform Commission approved the two-day Second China Overseas Investment Fair, which the China Industrial Overseas Development and Planning Association (CIODPA) and China Development Bank are co-hosting.Representatives of government, multinational companies, international organizations and financial institutions from more than 120 countries gathered at the trade fair to persuade Chinese investors to invest overseas.