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BEIJING, Dec. 9 (Xinhua) -- Beijing has seen a declining trend in newly built ordinary apartments in the past 11 months of this year, said a report released by the Beijing Real Estate Association on Friday.That average price of 13,914 yuan (about 2,194.23 U.S. dollars) per square meter from January to November went down 6.3 percent from the yearly average housing price of 14,847 yuan per square meter in 2010, also the target set by the municipal government in attempting to control soaring house prices, said the report.It is expected that the real-estate market in Beijing will maintain the gradually declining trend. And the target of "a stable yearly price with a slight decline" will be smoothly reached, said Chen Zhi, secretary-general of the association.In November, first-time home buyers took up about 90 percent of housing consumers for the ninth month in a row, which means the government's measures to crowd out investing or speculative buying and meet the demands of conventional buyers are working, the report said.This year the government has repeatedly stressed its efforts to contain the runaway property market, through measures including tighter monetary policies, higher down payments, a ban on third-home purchases, price control targets and a trial property tax.
BEIJING, Jan. 25 (Xinhua) -- China's meteorological authority said Wednesday that most parts of China will continue to be in the grip of cold with temperatures remaining low over the next few days.Snowy weather is forecast to continue in the country's southern regions, and freezing rain is expected to hit parts of Guizhou and Hunan provinces, the National Meteorological Center said in a statement on its website.Parts of the country's northwest areas expected to see light snow or drizzle.Meanwhile, fog will shroud most parts of the country's southern areas Wednesday morning, reducing visibility in parts of Yunnan, Hunan, Jiangxi, and Zhejiang provinces to less than 1,000 meters, while smog is forecast to hit some areas of Jiangsu Province, according to the statement.

BEIJING, Dec. 16 (Xinhua) -- China issued rules for pilot programs of RMB Qualified Foreign Institutional Investors (RQFII) on Friday, formally giving a green light to investment of overseas RMB funds in mainland securities markets.The move is expected to widen the investment channel of overseas RMB funds and add new momentum to the country's bid to make the RMB an international currency.Hong Kong subsidiaries of fund management companies and securities firms can use RMB funds raised in Hong Kong to invest in mainland securities within a permitted quota, according to the rules jointly released by the China Securities Regulatory Commission (CSRC), the People's Bank of China and the State Administration of Foreign Exchange.The total investment quota of RQFII pilot programs is set at around 20 billion yuan (3.15 billion U.S. dollars), according to the rules.To control risks, qualified investors should invest no less than 80 percent of the RMB funds they raised in fixed-income securities, while investment in stocks and equity funds should account for no more than 20 percent.The CSRC will join other related departments to study the possibility of further expanding the trial program after its launch, said a CSRC official who declined to be identified.The launch of the RQFII will open another significant channel for overseas RMB funds to flow back into the country, said the CSRC official.It will also help diversify investment products for overseas RMB funds and facilitate off-shore RMB business, the official said.The RMB is not fully convertible under the capital account but China has stepped up efforts to make the currency more international over the past few years.The government has encouraged the use of the RMB in cross-border trade and investment settlement and approved foreign direct investment in overseas RMB funds obtained overseas.It also allowed Hong Kong to establish an offshore yuan market and has expanded trade settlement agreements and currency swaps to create more channels for the yuan to circulate outside the mainland.
ting fuel and benefits to agriculture from extended growing seasons."Global mitigation leading to a low climate change future reduces costs to Canada in the long term. This reinforces the argument that Canada would benefit environmentally and economically from a post 2012 international climate arrangement that systematically reduced emissions from all emitters - including Canada - over time," the report says.It recommends cooperation between governments, scientists and businesses to find ways to mitigate climate change and adapt to it.Canada's Minister of the Environment Peter Kent said the government has a plan to deal with global warming issues, which will be announced next month."Our government has a plan, a very good plan, to meet our target of reducing greenhouse gases by 17 percent from 2005 base levels, by 2020," Kent told Canada's House of Commons Thursday afternoon."We are moving forward to reduce greenhouse gases and, at the same time, we are investing in programs to help Canadians adapt to climate change," Kent said."Today's report merely echoes what our government has long recognized; that is, the importance of adaptation to climate change," he added.Earlier this week, several hundred people protested the government's policy of exploiting the oil sands deposits in western Canada.Environmentalists have criticized the Canadian government for not working hard enough to reduce CO2 emissions. Last year, a coalition of global warming activists gave Canada the "Fossil of the Year" award for failing to implement the Copenhagen Accord.
BEIJING, Jan. 1 (Xinhua) -- President Hu Jintao, along with other Chinese leaders, celebrated the New Year with political advisors Sunday morning in Beijing and delivered an important speech.Hu and the other members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang attended a tea party held by the National Committee of the Chinese People's Political Consultative Conference (CPPCC).The party was presided over by Jia Qinglin, chairman of the CPPCC National Committee.The leaders were joined by senior members of the central committees of non-Communist parties and the All-China Federation of Industry and Commerce, personages without party affiliation, officials of the central government and representatives from all walks of life and all ethnic groups in Beijing.
来源:资阳报