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BEIJING, March 4 (Xinhua) -- Chinese leaders joined in panel discussions with the country's political advisors Wednesday, calling for concerted efforts to pull through the global financial crisis which is unfolding its impact on the country's economy. Chinese President Hu Jintao (2nd R), shakes hands with a member of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) in Beijing, capital of China, March 4, 2009. Hu Jintao and Jia Qinglin (1st R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visited the CPPCC members from the China Association for Promoting Democracy and the China Democratic League on WednesdayAll parties, all organizations, all social strata and all ethnic groups should unite under the central authorities' decisions and strategy to overcome difficulties, President Hu Jintao said in a discussion with members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).     He called on all Chinese people to stand together and "bravely move forward" though difficulties are in sight.     "This year is pivotal for the country to combat the financial crisis and maintain a steady and relatively rapid economic growth," Hu told political advisors from the China Association for Promoting Democracy and the China Democratic League, two non-communist parties.     "To ensure economic growth, people's well-being and social stability is of great importance to maintain a stable overall situation of reform and opening-up," Hu said. Wu Bangguo (front R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the Standing Committee of the National People's Congress (NPC), meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the CPC during the panel discussion in Beijing, capital of China, March 4, 2009Top legislator Wu Bangguo called on members of the Communist Party of China (CPC) to play an exemplary role and contribute wisdom and strength to the national development during his discussion with a group of advisors from the CPC.     Wu, chairman of the Standing Committee of the 11th National People's Congress, pinpointed the importance of investigation and research on issues concerning people's livelihood in a bid to "fully reflect the real social situations and the public opinions."     He asked the CPPCC members to make efforts to promote the building of a harmonious society. Chinese Premier Wen Jiabao (front L), meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the circles of economy and agriculture during the joint panel discussion in Beijing, capital of China, March 4, 2009In the discussion with advisors from the circles of economy and agriculture, Premier Wen Jiabao said the country need to make large-scale government investment and bring in more social and private funds as well.     While the crisis demands stronger government macro-control, the role of the market mechanism should also be given a full play, he said.     Wen called for resolute and prompt government decisions in the face of the economic woes but stressed that officials must work according to the law and procedures.     "We must make sure every major government investment plan is appraised in a scientific way and will be known, understood and supervised by the people," he said.     "The more difficulties we have, the more opinions we should solicit from various groups," he said. Jia Qinglin (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with members of the 11th National Committee of the CPPCC from the religious circle during the panel discussion in Beijing, capital of China, March 4, 2009CPPCC National Committee Chairman Jia Qinglin encouraged political advisors from the religious circle to guide believers to "promote economic development and social stability."     He asked them to work for harmonious religious relations and the reunification of the motherland.     The other members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also joined panel discussions with political advisors. Li Changchun (L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the social sciences, media and publication circles during the joint panel discussion in Beijing, capital of China, March Li Changchun told political advisors from the social sciences, media and publication circles to nurture an environment that can help ensure economic growth, people's well-being and social stability by conducting investigations and better answering questions of public concern. Chinese Vice President Xi Jinping (front L), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from south China's Hong Kong Special Administrative Region (SAR) and Macao SAR during the joint panel discussion in Beijing, capital of China, March 4, 2009.During a panel discussion with advisors from Hong Kong and Macao, Vice President Xi Jinping assured that with the support from the central government and through efforts made by the regional governments, the two special administrative regions will surely tide over the crisis and achieve long-term prosperity. Li Keqiang (2nd R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the education circle during the panel discussion in Beijing, capital of China, March 4, 2009.Vice Premier Li Keqiang stressed the priority of education in his discussion with advisors from the education circle, saying education is the "strategic foundation" of the country's modernization.     A better education system will benefit the people's well-being and all-round development and provide talent support for the country's economic and social drives, he said. He Guoqiang (2nd R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the China Democratic National Construction Association and the All-China Federation of Industry and Commerce during the joint panel discussion in Beijing, capital of China, March 4, 2009. He Guoqiang, secretary of the CPC Central Commission for Discipline Inspection, called on non-public sectors of the economy to adapt to the market transformation, shift development mode and shoulder social responsibility by making more contributions.     He also urged to intensify the battle against corruption and improve officials' work style. Zhou Yongkang (R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with specially invited members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) during the panel discussion in Beijing, capital of China, March 4, 2009.Zhou Yongkang called for preventing and resolving social conflicts and listening to public opinions so as to safeguard public rights and interests.     The CPPCC National Committee started its annual full session Tuesday. The meeting is scheduled to end on March 12.

BEIJING, Feb. 23 (Xinhua) -- China and Vietnam Monday marked the final demarcation of their land border at the Youyiguan border gate in Pingxiang City in south China's Guangxi Zhuang Autonomous Region.     The completion of the demarcation would be conducive to peace and stability of the border area, promote trade and exchanges, and push forward their comprehensive and strategic partnership of the two countries, said a statement from China's Foreign Ministry.     The 1,300-kilometer border starts at the junction of China, Vietnam and Laos and continues along the Beilun River to the coast. Yunnan Province and Guangxi Zhuang Autonomous Region are on Chinese side, and Cao Bang, Lang Son, Dien Bien, Lai Chau, Lao Cai, Ha Giang, Guang Ninh are in Vietnam.     In the late 19th Century, China's Qing Dynasty and the French colonial administration in Vietnam concluded a treaty delineating the border. The border negotiations started in the 1970s and were suspended later that decade. Chinese State Councilor Dai Bingguo (L, C) shakes hands with Vietnamese Deputy Prime Minister Pham Gia Khiem after unveiling the No. 1116 boundary marker in Pingxiang City in south China's Guangxi Zhuang Autonomous Region, opposite to Lang Son City of Vietnam, Feb. 23, 2009. China and Vietnam Monday marked the final demarcation of their land border at the Youyiguan border gate in Pingxiang City in south China's Guangxi Zhuang Autonomous Region. More than 400 government officials and about 400 representatives from both countries, including those who attended the land border demarcation, were present at a ceremony after the demarcation. In the early 1990s, China and Vietnam resumed negotiations, and agreed to discuss a new treaty based on that signed in the 19th Century. They finalized the land boundary treaty on Dec. 30, 1999.They started demarcation work in 2001 and finished late last year.     The China-Vietnam joint committee for land border demarcation was established by both governments in November 2001. The committee was in charge of border demarcation and marker planting as well as drafting a protocol on border demarcation and marker planting.     The joint committee comprised 12 joint working teams. These teams were responsible for on-site demarcation work. In December 2001, the first marker on the border was installed at the Mong Cai-Dong Xing border gate.     The two sides reached an agreement on the remaining issues related to the land boundary survey on Dec. 31, 2008. The agreement achieved the goal set by leaders of China and Vietnam to complete the survey and the erection of boundary markers this year. Chinese State Councilor Dai Bingguo (4th R) shakes hands with Vietnamese Deputy Prime Minister Pham Gia Khiem on the ceremony marking the completion of land border demarcation and the erection of boundary markers in Pingxiang City in south China's Guangxi Zhuang Autonomous Region, opposite to Lang Son City of Vietnam, Feb. 23, 2009. China and Vietnam Monday marked the final demarcation of their land border at the Youyiguan border gate in Pingxiang City in south China's Guangxi Zhuang Autonomous Region. More than 400 government officials and about 400 representatives from both countries, including those who attended the land border demarcation, were present at a ceremony after the demarcation. During the eight-year effort, Chinese and Vietnamese officials worked almost one million days on the demarcation work and held 14rounds of meetings between the heads of the two governmental-level delegations, 34 rounds joint committee's meetings and 15 rounds of expert group meetings, which enabled the completion of the demarcation along the entire length of China-Vietnam land border with 2,000 border markers erected.     Advanced technologies were applied in the demarcation work, such as the geography information, global positioning and remote sensing systems, which ensured the accuracy of the demarcation work and a clear borderline.     The outcome was achieved under the direction of leaders of the two countries, said the ministry statement. It was also the result of concerted efforts of government delegations, experts, departments such as ministries of foreign affairs, national defense, public security, finance, survey-cartography and provinces along both sides of the border. Chinese State Councilor Dai Bingguo (L) shakes hands with Vietnamese Deputy Prime Minister Pham Gia Khiem after the ceremony marking the completion of land border demarcation and the erection of boundary markers in Pingxiang City in south China's Guangxi Zhuang Autonomous Region, opposite to Lang Son City of Vietnam, Feb. 23, 2009. China and Vietnam Monday marked the final demarcation of their land border at the Youyiguan border gate in Pingxiang City in south China's Guangxi Zhuang Autonomous Region. More than 400 government officials and about 400 representatives from both countries, including those who attended the land border demarcation, were present at a ceremony after the demarcationWorking staff from the joint survey teams also contributed to the success, working with extraordinary difficulties caused by complicated landscapes and bad weather conditions.     The two sides resolved complicated issues in a frank and friendly manner, said the statement.     By taking into account mutual concerns and trying to mitigate negative impacts on the lives and production of residents along the border, they finally achieved a mutually beneficial result. A ceremony marking the completion of land border demarcation and the erection of boundary markers is held in Pingxiang City in south China's Guangxi Zhuang Autonomous Region, opposite to Lang Son City of Vietnam, Feb. 23, 2009. China and Vietnam Monday marked the final demarcation of their land border at the Youyiguan border gate in Pingxiang City in south China's Guangxi Zhuang Autonomous Region. More than 400 government officials and about 400 representatives from both countries, including those who attended the land border demarcation, were present at a ceremony after the demarcation.

BEIJING, April 11 (Xinhua) -- China's foreign exchange reserves rose 16 percent year-on-year to 1.9537 trillion U.S. dollars by the end of March, said the People's Bank of China on Saturday.     It represents an increase of 7.7 billion dollars for the first quarter, but the increase was 146.2 billion dollars lower than the same period of last year.     Outstanding foreign currency loans stood at 235.2 billion U.S. dollars by the end of March, down 11.7 percent year on year.     In the first quarter, foreign currency loans dropped by 8.5 billion U.S. dollars. The decline was 57.3 billion U.S. dollars heavier over the same period of last year.     In March, foreign currency loans rose by 4.3 billion U.S. dollars. The increase was 6.4 billion U.S. dollars lower than the same period of last year.     Meanwhile, outstanding foreign currency deposits rose 28.9 percent, or 7.5 billion U.S. dollars, to 200.3 billion U.S. dollars in the first quarter. The increase was 13 billion U.S. dollars higher over the same period of last year.     In March alone, foreign currency deposits rose by 3.3 billion U.S. dollars. The increase was 1.8 billion U.S. dollars higher over the same month in 2008.     Analysts said the smaller growth of foreign exchange reserves in the first quarter was related with changes in the value of non-U.S.-dollar assets and money flows under the capital account.     In March alone, the foreign exchange reserves rose by 41.7 billion U.S. dollars. The increase was 6.7 billion U.S. dollars higher than the corresponding period of last year.     The country's foreign exchange reserves reduced to 1.914 trillion U.S. dollars at the end of January and 1.912 trillion U.S. dollars at the end of February.     "Changes of foreign exchange reserves in the first quarter were mainly driven by non-U.S.-dollar assets' volatile fluctuation," said Liu Yuhui, an economist with Chinese Academy of Social Sciences (CASS).     During the first quarter, especially the first two months, non-dollar foreign currencies dropped heavily against the U.S. dollar, leaving about 40 percent of the country's non-dollar assets depreciated.     Meanwhile, the country's trade surplus had reduced during the first quarter due to a weakening external demand.     Exports fell 17.5 percent in January, 25.7 percent in February and 17.1 percent in March. In February, trade surplus plummeted by34.3 billion U.S. dollars to 4.8 billion.     "The 7.7-billion-dollar increase in foreign exchange reserves for the first quarter showed the country's economy still depends heavily on external demand," said Mei Xinyu, an economist with the Ministry of Commerce (MOC).     Yuan Gangming, a researcher with the CASS, said the smaller increase in foreign exchange reserves might also be caused by capital flight.     Official statistics show during the first two months, the actually-utilized foreign direct investment dropped by 26.2 percent.     A large proportion of the country's foreign exchange reserves are invested in U.S. treasuries and notes. Last month, the U.S. Federal Reserve announced a plan to buy up to 300 billion U.S. dollars in long-term treasuries. That added to worries in the value stability of the country's foreign exchange reserves.     Mei said the slower growth in foreign exchange reserves could be conducive to the national economic security because less capital would be exposed to devaluation risks.     "The top priority should be to keep the value of foreign exchange reserves stable," said Yuan. He suggested relevant authorities should keep a close eye on flows of foreign reserves and prevent a similar capital flight that happened after the Asian financial crisis.

CHANGSHA, March 30 (Xinhua) -- Chinese Vice Premier Li Keqiang on Monday called for faster construction of affordable housing.     "In the affordable housing projects lie the immediate interests of the people, especially low-income families," said Li at a working conference on the issue in Changsha, capital of the central Hunan Province.     He said affordable homes could increase investment and stimulate consumption, and were an important measure to deal with the global financial crisis and to maintain economic growth.     The government has pledged that 7.5 million affordable homes will be provided in cities, and 2.4 million in forest districts, reclamation areas, and coal-mining regions by the end of 2011. This year, 2.6 million urban and 800,000 rural homes would be built. Another 800,000 rural homes in poor condition will be renovated.

BEIJING, March 22 (Xinhua) -- Chinese Vice Premier Li Keqiang said here Sunday China is confident and capable of achieving its 2009 economic targets and will strengthen cooperation with the international community to fight the global financial crisis.     Despite the financial crisis impact that increased difficulties for economic operations, "the fundamentals of Chinese economy and its good outlook in the long term have not changed," said Li at the opening of the China Development Forum 2009.     China has set an 8-percent target for annual economic expansion this year after diminishing foreign orders dented exports and slowed growth to a seven-year low of 9 percent year-on-year in 2008.     To boost domestic consumption and growth, the government will exert itself to tackle issues of immediate concern to ordinary Chinese citizens such as employment, education, health care, housing and environmental protection, said Li. Chinese Vice Premier Li Keqiang addresses the opening ceremony of the China Development Forum 2009 in Beijing, capital of China, March 22, 2009    The country will speed up the building of a social security system covering both urban and rural residents and gradually perfect the social safety net that guarantees people's basic livelihood, he said. "This helps adjust income distribution and raise people's spending capabilities."     In addition, Li pledged stronger moves in reforming pricing, taxation and financial mechanisms to remove "institutional barriers" on the way of development.     Reform plans must be well-implemented, said Li. They included an 850 billion-yuan (124 billion U.S. dollars) medical reform plan and a comprehensive value-added tax (VAT) reform to cut enterprise and individual burdens by approximately 500 billion yuan this year.     Li also promised to maintain a stable scale of foreign trade and use of foreign capital, saying China will further open up and make use of markets and resources both at home and abroad.     China's foreign direct investment fell for the fifth consecutive month in February to 5.83 billion U.S. dollars, down 15.81 percent year-on-year. Its foreign trade was 124.95 billion U.S. dollars last month, down 24.9 percent year-on-year.     "While managing its own affairs well, China is willing to join hands with other countries and play an active role in international cooperation against the financial crisis," said Li.     The continuous growth of China's economy not only concerns the wellbeing of 1.3 billion Chinese but is also a great contribution to the world economy, he told the forum.     He called on all countries to take actions together to promote future growth of the world economy, saying the crisis should bring about "profound thinking about the world economic development and the human kind's future destiny".     People of insight in all countries should dig the deep roots of the global financial crisis and explore effective ways of preventing the crisis from spreading and avoiding a replay of such crises, said Li.     The China Development Forum 2009 runs in Beijing from Saturday to Monday with the theme of China's Development and Reform in the Global Financial Crisis.