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PODGORICA, June 14 (Xinhua) -- Visiting senior Chinese legislator Chen Zhili Monday met separately with Montenegrin parliament speaker Ranko Krivokapic and Prime Minister Milo Djukanovic to boost bilateral ties.Chen, vice chairwoman of the Standing Committee of China's National People's Congress (NPC), said the Chinese and Montenegrin peoples enjoy traditional friendship, and ties between the two countries have maintained strong momentum of development.Parliamentarian exchanges play a positive role in promoting political mutual trust and practical cooperation between the two countries, she said.Communication between women is conducive to deepening mutual understanding and friendship between the two countries and peoples, she added.Chen also expressed her hope that both sides should make joint efforts to further push forward bilateral ties.Krivokapic reiterated his country's adherence to the one China policy, and appreciated China's respect for Montenegrin people's choice of development mode in line with the country's specific conditions. He said the Montenegrin parliament is ready to enhance exchanges and cooperation with China's NPC.Meanwhile, Djukanovic said Montenegro expects more fruitful cooperation in various fields, especially in trade and economy, noting the two countries have achieved fruitful results in cooperation in trade and economy, culture and tourism since they forged diplomatic ties.

BEIJING, June 18 (Xinhua) -- China has become the world's third largest stock market as total market value of the Shanghai and Shenzhen markets hit 20.96 trillion yuan (3.07 trillion U.S. dollars) as of the end of May, the country's securities regulator said Friday.The total market value so far was up 393.76 percent compared to the 2003 level, the China Securities Regulatory Commission said.

BEIJING, Aug. 11 (Xinhua) -- China's central government has urged more efforts to be made to ensure this year's grain output, a government statement said Wednesday.A string of policies have been rolled out to support autumn grain production, said the State Council, China's cabinet, in the statement released after an executive meeting chaired by Premier Wen Jiabao Wednesday.Autumn grain production is key for China to meet its annual output target as it accounts for 70 percent of the total production.The Ministry of Finance will allocate 1.1 billion yuan (162.4 million U.S. Dollars) to subsidize purchases of fertilizer and pest control, the statement said.Wen urged efforts to restore production in disaster-hit regions at the meeting, after large swathes of farmland have been affected by floods in recent months.Wen also stressed the application of technology and weather forecasting at the meeting.China's summer grain output declined 0.3 percent year on year to 123.1 million tonnes this year, the first fall in seven years, according to the National Bureau of Statistics.

BEIJING, Aug. 12 (Xinhua) -- Urban residents who expect home prices to fall in first-tier Chinese cities in the second quarter outnumber those who anticipate further price hikes, according to a report by the China Economic Monitoring and Analysis Center released here Thursday.About 41 percent of those surveyed in the second quarter expected house prices to fall in popular first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen -- 18 percentage points higher than the proportion in the first quarter, according to the center which is under the National Bureau of Statistics.Meanwhile, only 36 percent of those surveyed in the second quarter anticipated house prices to continue to rise in those first-tier cities -- 24 basis points lower than the first quarter.In the second quarter, more people are expecting house prices to decline in cities at various levels, even as the proportions vary in different cities, according to the report.About 30 percent of consumers in provincial capital cities anticipated home prices to weaken in the second quarter, compared with 15 percent in the first quarter.In other small- and medium-sized cities, 28 percent of consumers surveyed foresaw house price falling in the future, up more than 11 basis points from the first quarter."The result show government measures to tighten the housing market since mid April have begun to have an effect on urban consumers' expectations," said Pan Jiancheng, deputy director of the China Economic Monitoring and Analysis Center.In spite of the rising proportions, the number of those who anticipated house price declines, however, still fell short of those who expected further price hikes in cities, except for consumers in the first-tier cities, according to the report.Housing prices in major Chinese cities rose 10.3 percent year on year in July, compared with 11.4 percent growth in June, according to NBS data released Tuesday.Property prices in 70 large and medium-sized cities grew 12.4 percent in May and 12.8 percent in April, the highest growth rate since July 2005 when the government started publishing the data.

BEIJING, July 16 (Xinhua) -- Chinese Premier Wen Jiabao and German Chancellor Angela Merkel started talks here Friday, focusing on economic and political issues.Wen hosted a red-carpet welcome ceremony for Merkel, who is on her fourth China tour since taking office, before the meeting at the Great Hall of the People.  Chinese Premier Wen Jiabao (R) hosts a red-carpet welcome ceremony for visiting German Chancellor Angela Merkel in Beijing, China, July 16, 2010.