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CHANGCHUN, Jan. 22 (Xinhua) -- Chinese Vice President Xi Jinping stressed political integrity as the most important criteria in electing Communist Party cadres, during his three-day inspection tour in northeast Jilin province, which ended Saturday.The standards of political integrity and professional competence, with the former being the most important, should be strictly observed in the upcoming election of the new term for Party Committee members at provincial, city, county and township levels, Xi, a Standing Committee member of the Communist Party of China (CPC) Central Committee Political Bureau, said.During his meeting with leaders of the provincial Party Committee and provincial government of Jilin, Xi said efforts should be made to reinforce the notion of putting people first and exercising the state power for the people among carders.Chinese Vice President Xi Jinping (2nd L front) talks with a staff member at a workshop of FAW car factory in Changchun, capital of northeast China's Jilin Province, Jan. 21, 2011. Xi made an inspection tour in Jilin from Jan. 20 to 22.While visiting a community Party organization, Xi also asked grass-roots Party organizations to give priority to building a closer bond with the public and serving the public.During his visit to several companies, including Changchun-based First Automobile Works, Xi called for efforts to develop technology-intensive industries and the manufacturing of high-end products to promote economic restructuring.He also visited flood-hit areas to observe the relocation of flood victims and reconstruction work. Jilin Province was hit by unprecedented floods last July and August.He asked local governments to rebuild flood-damaged homes as soon as possible and repair those destroyed water conservancy projects and encourage farmers to grow crops on flooded lands.

BEIJING, Jan. 24 (Xinhua) -- China's top economic planner said Monday that price supervision and control measures have achieved steady progress with 2010's Consumer Price Index, slightly exceeding the target ceiling by 0.3 percentage points to hit 3.3 percent.To rein in soaring commodities prices, joint efforts have been made to manage inflation expectations, promote production, ensure supplies and strengthen price supervision in 2010, said the National Development and Reform Commission (NDRC) in an online statement.Prices of necessities accelerating during the second half of 2010 have been contained with vegetable prices down 9.4 percent in December from the previous month last year, it said.Further, prices of edible vegetable, pork, egg, sugar,liquefied petroleum gas and clothing also decreased significantly in December month on month, the statement said.To cope with rising prices beginning in July 2010, especially prices of basic supplies, the central government promptly introduced joint inter-ministerial meetings to discuss price controls among 17 ministries and ordered local governments to establish the same mechanism, it noted.Local governments have worked on improving agricultural facilities, especially in south China's Hainan province, to increase vegetables supplies for northern cities over the past year, the statement said.The statement forecasts that vegetable planting areas in 2010's autumn and winter will increase 530,000 hectares year on year, sending output to 337 million tonnes.To ensure production and supply, departments have worked to reduce fertilizer exports and promote links between production areas and purchasing areas, it added.Further, relevant authorities also took measures to stabilize prices of electricity and coal, and to ensure smooth transportation of agricultural produce.Authorities also granted temporary subsidies and raised basic wages and minimum living subsidies for urban and rural residents to guarantee people's daily life.

WASHINGTON, April 4 (Xinhua) -- The U.S. National Aeronautics and Space Administration (NASA) announced on Monday that following discussions among the International Space Station partners on Sunday, it is delaying the launch of space shuttle Endeavour's STS- 134 mission to April 29 from April 19.The new launch time is set for 3:47 p.m. EDT (1947 GMT) on Friday, April 29."The delay removes a scheduling conflict with a Russian Progress supply vehicle scheduled to launch April 27 and arrive at the station April 29," NASA said in a statement.NASA managers will hold a Flight Readiness Review on Tuesday, April 19, to assess the team's readiness to support launch. An official launch date will be selected at the conclusion of the meeting.Endeavour will deliver to the space station a 2-billion-dollar, multinational particle detector known as the Alpha Magnetic Spectrometer.

BEIJING, May 28 (Xinhua) -- The issue of third-party online payment permits in China this week will boost the sector's development through giving it a legal status, analysts said.The People's Bank of China (PBOC), or the central bank, on Thursday announced its first batch of electronic payment licenses to 27 qualified third-party online payment platforms, including Alipay, Tenpay and 99bill.It also stipulated that all the third-party payment businesses should obtain licenses before September, or cease doing business.The move has long been awaited after the central bank said in June last year that non-financial institution payment service would be regulated, and that all businesses involved in the service must get licenses before Sept. 1, 2011.The license covers payment transactions such as Internet payment, mobile phone payment, bank card acquiring service, issuance and accept of prepaid cards and currency exchange.The move provides a legal status for the third-party payment sector so that it can develop in a more standard and healthy way, said Zhang Meng, an analyst with Analysys International, an Internet market information provider.Third-party payment enterprises refer to those non-financial operators who work as the third party between buyers and sellers to provide payment settlement through Internet, telephones or mobile phones.China has the world's highest number of Internet users, with about 457 million netizens, among whom 148 million were active online shoppers as of the end of last year.China's online payment topped 1.09 trillion yuan (167.29 billion U.S. dollars) last year. The figure was 397.3 billion yuan in the first quarter this year, almost doubled year-on-year.99bill CEO Guan Guoguang called the issue of the third-party payment licenses "a milestone" for China's e-payment sector.Requiring that enterprises must be licensed to operate e-payment businesses will help standardize the sector, improve services and boost integration of e-payment and e-commerce, said Guan.The first group of e-payment license holders include Alipay.com Co. Ltd, a unit of Alibaba Group Holding which owns the country's largest e-commerce website Alibaba.com Co. Ltd.; China UMS, a unit of China UnionPay Co. Ltd; Tenpay.com, an e-payment platform developed by Chinese Internet giant Tencent Holdings and Shengfutong, launched by Shanda Interactive Entertainment.Five applicants, however, failed to get licenses.Businesses with licenses will attract more investment and high-end personnel, says iResearch analyst Cheng Shanbao.For those without a license, they will be merged or have to pull out of the sector, according to Yeepay CEO Tang Bin.The central bank selected enterprises that have good management and risk control systems, as well as profit prospects, Zhang Meng said.Mergers are inevitable as the cut-off date of Sept. 1 is approaching, he added.The third-party payment enterprises mainly profit from 1 to 4 percent fees, but analysts believe profits from the fees might be reduced due to fierce competition.

BEIJING, Feb. 11 (Xinhua) -- China's foreign exchange regulator said Friday it did not suffer any losses from its investment in Fannie Mae and Freddie Mac bonds, adding that media reports of up to 450 billion U.S. dollars of losses were "groundless.""Up until now, the capital and interest repayments of Fannie Mae and Freddie Mac bonds is normal, and no losses have incurred," The State Administration of Foreign Exchange (SAFE) said on its website.Annual yields of the bonds were around 6 percent between 2008 and 2010, the SAFE said.The regulator, which oversees China's more than 2 trillion U.S. dollars of foreign exchange reserve, also clarifies it had not bought any stocks of the two troubled mortgage companies.UPI reported on Friday that the Obama Administration will propose phasing out the two mortgage giants after rescuing them, which is part of a U.S. Treasury Department white paper to Congress that lays out three ways of cutting government support to the 10.6 trillion U.S. dollars mortgage market.