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BEIJING, Feb. 27 (Xinhua) -- Chinese Premier Wen Jiabao mainly focused on domestic issues and challenges during his second annual online chat here Saturday with the public, in which he described 2010 as "the most complicated year" for the country.In the two-hour live webcast, Wen answered more than 20 questions, touching on the country's severe employment situation, fledgling economic recovery, soaring housing prices, inflation, corruption, and a cross-Strait economic pact. Chinese Premier Wen Jiabao (L) chats on-line with netizens at two state news portals in Beijing, capital of China, Feb. 27, 2010. The two major portals, namely www.gov.cn of the central government, and www.xinhuanet.com of Xinhua News Agency, jointly interviewed Premier Wen on Saturday with chosen questions raised by netizensWen did not touch much on major international issues, except trade conflicts with the United States. The Premier vowed the country would keep open to the outside world when mentioning the up-coming Shanghai World Expo.In a white shirt and a dark jacket, Wen answered questions with "frankness and sincerity" as netizens described. Some scrupulous watchers even posted messages, saying that "He dressed exactly the same as in last year's online chat," which was also ahead of the country's annual Parliament session.In his opening remark, Wen said, "I do not feel so nervous this time, but still cherish this opportunity, as such kind of opportunities remain limited." Chinese Premier Wen Jiabao chats on-line with netizens at two state news portals in Beijing, capital of China, Feb. 27, 2010. The two major portals, namely www.gov.cn of the central government, and www.xinhuanet.com of Xinhua News Agency, jointly interviewed Premier Wen on Saturday with chosen questions raised by netizens"The problems of public concern often keep me up night after night, searching for solutions," he said.Noticing that both netizens' questions and premier's remarks focused on domestic issues in this high-profile event, observers said the phenomenon may exactly illustrate that China was still a developing country with numerous thorny issues of its own.The chat seems to support the belief of Chinese leaders that the country's most pressing task is to address domestic issues, they said.Wen did not talk too much about the widely concerned international affairs, such as climate change or the relations with neighboring countries.Prof. Zheng Yongnian, director of East Asia Institute of National University of Singapore said, "it is reasonable that China is paying more attention to domestic issues, as China's handling of domestic issues, if properly, is itself a contribution to the international society."The adroit handling of domestic issues is the foundation for China to hold other responsibilities in the international society, " he added.

BEIJING, Feb. 26 (Xinhua) -- China's macroeconomic management would be put to the test both by the domestic and international markets in 2010, said Chairman of National Development and Reform Commission (NDRC) Zhang Ping Friday.The country's fiscal and monetary policies would be tested given the uncertainties of 2010, Zhang said."As to monetary policies, if the bank continues to provide easy loans,inflation may occur. But if the government tightens monetary policies too soon, the economy may relapse into recession." said Li Daokui, director of the Center for China in the World Economy, Tsinghua University.Last year, Chinese banks lent an unprecedented 9.6 trillion yuan (1.4 trillion U.S. dollars), nearly twice as much as 2008, and nearly half of 2009's gross domestic product (GDP).This year, for fear of asset bubbles and bad loans, the banking regulators have begun to put the brakes on bank lending. The People's Bank of China (PBOC), China's central bank, raised the reserve ratio by 0.5 of a percentage point earlier this month, hoping to reduce lending.According to the PBOC, new loans in January totalled 1.39 trillion yuan, down 230 billion yuan year-on-year, and China Banking Regulatory Commission Chairman Liu Mingkang said the Chinese government planned to restrict credit supply to 7.5 trillion yuan (about 1.1 trillion U.S.dollars) in 2010.Too much public investment caused weak private investment and overcapacity in some industries like steel, said Zhang Xiaoqiang, vice chairman of the NDRC."There's uncertainties about economic growth restructuring and fiscal stimulus plans," said Tang Min, vice secretary-general of China Development Research Foundation.The central government allocated about 924.3 billion yuan for public spending last year, 503.8 billion yuan more than the 2008 budget, said Finance Minister Xie Xuren.To face the challenges, fiscal policies would focus on consumption stimulus and development of new economic sectors like new energy industries, said Xie at the Central Economic Work Conference held last month.

 BEIJING, March 22 -- Followings are regions set to be new driving force for China's economy.Xinjiang Uygur autonomous regionXinjiang literally means "New Frontier", and it is promising to be a new economic frontier in China's northwestern areas. Xinjiang Uygur autonomous region has abundant oil reserves and it is the largest natural gas-producing region in China. An economic development plan for Xinjiang is expected to come out soon. It will emphasize use of Xinjiang's advantageous resources, including petrochemicals, coal, non-ferrous metals and agriculture. The investment is likely to rise steadily over the next three years, driven by increased financial support from central government and neighboring provinces, and large-scale investment for key projects from State-owned companies. The rising tourism industry will also be a contributor to Xinjiang's economic growth.Tibet autonomous regionThe Tibet autonomous region is becoming another hotspot in China's regional economic development. The plateau region was traditionally dependent on farming and herding. Recently Tibet laid out a plan to explore its mineral resources, while pledging to stick to rational exploitation and minimizing the damage to the natural environment. The government announced plans to achieve "leapfrog development" in Tibet in January, including building the region into a "strategic reserve of natural resources" with the aim of reducing poverty among the Tibetan people. Tibet has more than 3,000 proven mineral reserves and it has China's biggest proven chromium and copper deposits. According to the plan, mineral resources will contribute at least 30 percent to the regional GDP over the next 10 years. Tourism will continue to play a significant role in supporting the economy.

BEIJING, March 6 (Xinhua) -- "Transformation of the economic growth pattern" has become a key word on the agenda of the annual sessions of China's parliament and top advisory body as the country aims at complete recovery from the global financial crisis and seeks sustained growth.Following are quotes from some Chinese leaders that underscore the transformation. The leaders joined deputies to the National People's Congress (NPC) Saturday to deliberate Premier Wen Jiabao's government work report.-- The bottleneck that stagnates the transformation of the economic growth pattern lies in an imperfect institutional mechanism. Reforms in key areas and sectors should be quickened to strengthen the impetus for economic growth and provide institutional guarantee for the transformation, said Vice Premier Li Keqiang in his discussion with NPC deputies from Liaoning Province.-- Deepening reform and expanding opening-up offer fundamental impetus for shaping a competitive modern industry system, said He Guoqiang, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, in his discussion with NPC deputies from central Hunan Province.-- The transformation means a profound change in the economic sector, and it is currently, and will be in a long run, a major economic task of the nation, said Zhou Yongkang, member of the Standing Committee of the Political Bureau of the CPC Central Committee, in his discussion with NPC deputies from Heilongjiang Province.-- Cultural programs and cultural industry play an important role in enlightening the nation, and their development should be taken as an important approach to the transformation, said Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, in his discussion with NPC deputies from northwestern Shaanxi Province.

BEIJING, Jan. 27 (Xinhua) -- The government and enterprises should continue to step up efforts in pollution and emission control to ensure targets set previously are met, according to a meeting of the State Council.The government should "slack no efforts" to cut pollutants and emissions to meet the targets as the situation remains "grave", according to a statement issued Wednesday after the councils' executive meeting chaired by Premier Wen Jiabao.The government set the goal to cut emissions of major pollutants, sulfur dioxide and chemical oxygen demand (COD) by 10 percent from 2006 to 2010, the 11th Five-Year Plan period.According to the meeting, the central task at present is to ensure pollution treatment facilities run normally.Vigorous efforts should be made to cut pollution from sectors including thermal power, iron and steel, non-ferrous metal, cement, paper making making, chemical, brewing and printing and dyeing, it said.The statement said the toughest standards should be applied in the management of water resources to ensure safe drinking water for people.Emissions of sulfur dioxide in China dropped 10.4 percent last year compared with that of 2008, Minister of Environmental Protection Zhou Shengxian said Monday.Zhou said the country's COD and emissions of sulfur dioxide fell for four consecutive years after the targets were set at the beginning of 2006.

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