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BEIJING, Aug. 5 (Xinhua) - The People's Bank of China (PBOC), also known as the central bank, said Thursday it would maintain its moderately loose monetary policy and enhance financial supports to boost the economy's sustainable development.The bank will apply multiple monetary tools to keep an appropriate growth in money supply in a bid to strike a balance between meeting the need of funding economic development and managing the inflation expectation, the PBOC said in a statement posted on its website.The PBOC reiterated it would maintain continuity and stability in monetary policy while, at the same time, making the policy more specific and more flexible.It vowed to improve the yuan's exchange rate mechanism, and increase financial support to promote the transformation of the economic growth pattern and adjustment of the economic structure.China's broad money supply (M2), which covers cash in circulation and all deposits, increased 18.5 percent year on year to 67.39 trillion yuan by the end of June, which marked a slowdown from the 21 percent increase at the end of May, the PBOC said.During the same period, narrow money supply (M1), cash in circulation plus current corporate deposits, climbed 24.6 percent from a year earlier to 24.06 trillion yuan, representing a decrease of 5.3 percentage points from the end of May, according to the PBOC.The bank also warned of potential domestic inflation risks due to complicated situations both at home and abroad.Increases in the costs of labor and environmental requirements, combined with continuing progresses in the reforms in the prices of resource products, will likely impact the inflation expectation.Meanwhile, the central bank pointed out that external 'hot money' may push up price hike pressures."The global monetary situation is relatively loose, as nations across the world have been prudent in their stimulus exits due to continuing uncertainties in the economic recovery. Excessive money is likely to seek various outlets, adding potential risks of inflation expectations," the PBOC said in its statement.

URUMQI, Aug. 7 (Xinhua) -- A group of 192 Chinese workers and engineers, who had been trapped and later rescued in flood- hit Pakistan's northwest province of Khyber Pakhtunkhwa, returned home at 8:24 p.m.Saturday on a charter flight.The plane took them to Urumqi, northwest China' s Xinjiang Uygur Autonomous Region, and after a brief stay, they will fly to their home towns in central China's Henan Province, east China's Shandong Province and southwest China's Sichuan Province."I feel safe coming back home," Feng Yong, an engineer said at the Urumqi airport.Chinese workers and engineers walk out of a chartered plane at the airport in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, Aug. 7, 2010. The first batch of 192 Chinese workers and engineers, who had once been trapped and rescued in flood-hit Pakistan's northwest province of Khyber Pakhtunkhwa, returned to China Saturday. A total of 268 Chinese workers and engineers working at a hydro-power station project in the Patan area of Kohistan District in Khyber Pakhtunkhwa were trapped on a mountain as a huge landslide, triggered by floods and torrential rains, washed across their work site on July 29.All 265 people were safely evacuated, except for three workers who went missing.Fourteen Chinese engineers are still taking care of the flood-ravaged project site while the remaining 59 workers are waiting for other arrangements in Islamabad.

BEIJING, Aug. 9 (Xinhua) -- Tropical storm "Dianmu" along with gusty winds will strengthen precipitation in north China as it moves north, the national meteorological agency warned on Monday.The typhoon, started Sunday night in the sea about 400 kilometers east of Taiwan, is expected to complicate flood-control efforts in northeast China, where torrential rain-triggered floods have left more than 100 people dead and missing.Heavy rains will hit parts of northeast China's Liaoning, Jilin and Heilongjiang provinces on Tuesday. Northwest China's Gansu and Shaanxi provinces will also be affected, said the National Meteorological Center.The typhoon, the fourth this year, was moving northeast at a speed of 25 km per hour. Its center was located about 390 km east of Zhejiang Province's coast Monday afternoon and will approach southern coast of the Korean Peninsula on Tuesday, said the center.

BEIJING, July 27 (Xinhua) -- China's largest gold producer said on Tuesday its operating profits rose by three fold to 1.55 billion yuan (228.09 million U.S. dollars) in the first six months this year.China National Gold Group Corp. said in a statement that its first-half revenue grew by 98 percent from a year earlier to 27.67 billion yuan and expected its full-year revenue to reach 50 billion yuan.At the end of June, the gold producer had 1,250 tonnes of gold reserves, eight million tonnes of copper reserves and 1.6 million tonnes of molybdenum, according to the statement.In the first half of 2010, the company added a total of 24.7 tonnes of gold, 683,000 tonnes of copper and 445,000 tonnes of molybdenum to its reserves, said the statement.The company had improved its development strategies through conducting merge and acquisitions, integrating regional resources and exploring overseas, said Sun Zhaoxue, general manager of the gold producer.

BEIJING, June 11 (Xinhua) -- China's retail sales, the main gauge of consumer spending in the world's fastest-growing economy, rose 18.7 percent year on year to 1.25 trillion yuan (183 billion U.S. dollars) in May, the National Bureau of Statistics (NBS) announced Friday.The growth rate was 3.5 percentage points higher than the same period last year and 0.2 percentage points higher than April's, said NBS spokesman Sheng Laiyun.Urban consumption hit 1.08 trillion yuan in May, up 19.1 percent year on year, while rural residents spent 163.7 billion yuan, up 15.8 percent.  A woman walks by a sale advertising poster in Beijing, capital of China, May 11, 2010.In the first five months, total retail sales climbed 18.2 percent to 6.03 trillion yuan. The growth rate was 3.2 percentage points higher than the same period last year.The government rolled out a series of incentives to bolster consumption to counter the fallout from the global economic downturn, including subsidies for home appliances in rural areas and tax breaks for auto purchases, in early 2009, among others.China's auto sales in May rose 28.35 percent from a year earlier to 1.44 million units, bringing combined sales in the first five months to 7.6 million units, up 53.25 percent from a year earlier.Monthly sales of home appliances in China's countryside surged 220 percent year on year in May to 12.6 billion yuan. The figure for January-May period was 54.35 billion yuan, up 400 percent from year on year.

来源：资阳报