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BEIJING, April 11 (Xinhua) -- China's banking regulator said on Sunday that banks should not extend loans to home buyers who intend to use the money for speculative purposes.Lenders should increase their awareness about financial risks and raise the down payment ratio "by a large margin", said the China Banking Regulatory Commission (CBRC) in a statement.Down payment ratio of a second or more houses should be no less than 40 percent and the interest rates should be strictly in line with risks, according to the statement.The action is the latest in a campaign by the central government to dampen China's overheated property market.

PYONGYANG, May 9 (Xinhua) -- The Rodong Sinmun, a leading newspaper of the Democratic People's Republic of Korea (DPRK), hailed the recent successful visit to China by top leader Kim Jong Il in an editorial published Sunday.The editorial said that the people of the DPRK are "very glad and excited" about the visit. It is a "meaningful opportunity" to strengthen the friendship between the two parties and the leaders of the two countries.The article also indicated that the DPRK will make efforts to further strengthen the traditional DPRK-China friendship.Both countries shared the view that peace, stability and prosperity of the Korean Peninsula are in the common interests of the two countries and other Northeastern Asian nations, the editorial said.The two sides will make joint efforts to achieve the objective of denuclearizing the Peninsula on the basis of the Sept. 19 Joint Statement, it added.The editorial also said that the people of the DPRK sincerely wish the Chinese people still greater achievements in their socialist construction and the cause for national reunification.Kim Jong Il made an unofficial visit to China from May 3 to 7. He has visited China for five times since 2000.

GOTHENBURG, March 28 (Xinhua) -- Chinese Vice President Xi Jinping on Sunday visited an industry hub in southwest Sweden and met with Vastra Gotaland County Governor Lars Backstrom.In his meeting with Lars Backstrom and Swedish Deputy Prime Minister Maud Olofsson, Xi said that this year marks the 60th anniversary of the establishment of diplomatic relations between China and Sweden and that his on-going visit to Sweden is aimed at further promoting friendly cooperation between the two countries through celebrating the anniversary. Chinese Vice President Xi Jinping (L, front) meets with Governor Lars Backstrom (R, front) of Vastra Gotaland County in Goteborg, Sweden, March 28, 2010Both the city of Gothenburg and Vastra Gotaland County with an important place in Sino-Swedish friendly exchanges and cooperation have played an irreplaceable role in the development of ties between the two countries, Xi said.

BEIJING, May 20 (Xinhua) -- China and the United States Thursday pledged to deepen clean energy cooperation as U.S. commerce chief led a large green power delegation to Beijing."As major energy producers and consumers, China and the United States can work together extensively in the clean energy field," Chinese Vice Premier Li Keqiang told U.S. Commerce Secretary Gary Locke in Beijing.The driving force behind cooperation, Li said, lies in the fact that China is actively pushing ahead with clean energy projects while the United States has green energy expertise and technology.Li encouraged the two countries to work more closely in clean energy,greenhouse gas emissions reduction, technological development to add to the momentum of sustainable development.Locke is leading a delegation of business executives from American clean energy companies eyeing China's fast growing green energy market, the size of which the United States has predicted will be 100 billion U.S. dollars by 2020."These 24 companies we brought from America represent a cross-section, a variety of different sectors," Locke said at the start of the meeting."But they still represent the best the United States has to offer in terms of clean energy, energy efficiency, electricity generation and distribution," said Locke, who earlier travelled to Hong Kong and Shanghai on the trade mission that started Monday.The diverse trade mission, the first one led by a U.S. cabinet-level official since Barack Obama assumed the presidency, includes leading energy firms like General Electric and First Solar as well as less well-known companies.Locke, on his third visit to China since he became U.S. commerce chief, characterized clean energy as "an extremely promising industry to foster areas of growth and create new jobs."He underscored the U.S.'s commitment to working closely with China in clean energy.Locke will join U.S. Secretary of State Hillary Clinton, U.S. Treasury Secretary Timothy Geithner and other cabinet officials for the Second China-U.S. Strategic and Economic Dialogue scheduled for Monday and Tuesday in Beijing.

WINDHOEK, March 25 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday arrived in Windhoek to kick off his official visit to the southwestern African nation of Namibia.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, the country's top advisory body, was making the visit at the invitation of the National Council of Namibia.Namibia was the second leg of Jia's 10-day African tour which already took him to Cameroon. He will also visit South Africa next week. Jia Qinglin (Front R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), is welcomed by Chairman of Namibian National Council, Asser Kapere (L, front) upon his arrival in Windhoek, capital of Namibia, March 25, 2010In a written statement issued upon his arrival at the airport, Jia described Namibia as one of the youngest state in Africa, which obtained its full independence in 1990, and as a state full of vigor and vitality.Jia said the China-Namibia relationship had developed smoothly since the two countries forged diplomatic ties in 1990, hailing frequent high-level exchanges and fruitful cooperation in politics, trade, culture, education and public health.Jia said his visit was aimed at boosting the understanding and friendship between the two nations and consolidating the cooperation in all fields.During his stay in Namibia, Jia will meet with Namibian leaders and attend a reception marking the 20th anniversary of the establishment of China-Namibia diplomatic relationship.