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BEIJING, July 20 (Xinhua) -- Senior Chinese official Li Changchun on Tuesday called for stepped-up efforts to push forward China's cultural development and prosperity here in Beijing.Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks while visiting an exhibition held in honor of deceased Chinese painter Wu Guanzhong.Wu is widely recognized as the father of modern Chinese painting. He died on June 25 at age 91.Li Changchun (R, front), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, visits a special exhibition to commemorate late Chinese artist Wu Guanzhong at the National Art Museum of China in Beijing, July 20, 2010. Wu, a master of Chinese painting, passed away in Beijing at the age of 91 on June 25.Commending Wu for his great contributions to China's cultural, artistic and educational development, Li Changchun called on artists across the country to bear in mind their social responsibilities, hone their artistic skills, and create excellence in art.He also urged CPC and government departments at all levels to assure preferential policies are in place to support artists while nurturing high-quality talents in order to fully mobilize artistic workers and create a favorable environment for the country's artistic development.

BEIJING, June 26 (Xinhua) -- The Chinese Premier Wen Jiabao has warned local authorities to keep a sober mind in the face of the complicated economic situation, even though the economic recovery has strengthened over the last six months.Wen made the remarks during his two-day visit to Hangzhou, the capital city of east China's Zhejiang Province, which concluded on Saturday.He asked local officials to step up efforts to a keep close watch on the economy's development and find new problems quickly.During discussions with local authorities of the eastern provinces of Zhejiang, Jiangsu and the Shanghai municipality, Wen said the Yangtze River Delta, where the three regions are situated, should take the lead in choosing a development path featuring scientific nature, harmony, and integration.Chinese Premier Wen Jiabao (C) visits staff members of e-commerce company Alibaba in east China's Zhejiang Province June 25, 2010. Wen made an inspection tour in Zhejiang from June 25 to June 26."The Yangtze River Delta holds an important position in the country's national economy, it is necessary for the delta to strive to foster new edges and score breakthroughs in order to make new, greater contributions to the country's economic and social progress," said Wen.While urging efforts in fully implementing the legions of measures and policies worked out by the central government to step up and improve macro control and in advancing good and fast growth in economic and social development, Wen reiterated that the Yangtze River Delta should also work harder to speed up transfer in the mode for economic development.He also asked Jiangsu, Zhejiang and Shanghai to seize favorable chances brought along by the recent approval of the State Council, China's Cabinet,regarding the regional development blueprint calculated to bolster growth of the Yangtze River Delta in the forthcoming five years, and concentrate efforts on improving industrial structure and advancing integration in constructing major infrastructure projects, so as to expediate formation of an effective system for sustainable development.Wen stressed that it was imperative for local governments to work out effective measures to promote harmony between workers and businesses amid rising calls for wage increases.During his inspection to a local garment-making factory in Hangzhou, Wen encouraged the enterprise administrators to promote innovation and cut costs to make the products more competitive in more markets.When he visited Alibaba.com, a leading Chinese E-commerce company also based in Hangzhou, Wen emphasized integrity should always be the basis of business activity.

NANNING, June 20 (Xinhua) -- Chinese Premier Wen Jiabao has urged that more efforts be implemented to fight floods, while reassuring those residents living in areas ravaged by flooding and inspecting flood damage, during his visit to Wuzhou city of Guangxi Zhuang Autonomous Region, which has been plagued by torrential rains.During the two-day visit ending Sunday, Wen checked on water levels and river banks in Wuzhou, and visited households in mountainous areas, urban downtowns and rural areas, pledging the government would use all means to prevent and fight flooding.Further, Wen called on local authorities to closely monitor weather changes and strengthen forecasting and warning systems to ensure an advanced emergency response.Further, more efforts were demanded to prevent damages from floods and landslides, Wen said. He highlighted the importance of relief work in schools, mines, railways and roads, as well as tourism sites.Wen required immediate reports and instant responses on risks of dam and reservoir breaks from local officials. More efforts should be taken to safeguard public safety, he added.Also, more relief funds and materials were needed to ensure food, clothing, accommodations, drinking water and health care are delivered to flood victims, Wen said.As of Sunday morning, mud flows and floods triggered by the intense rainstorms that began in mid-June had left 132 people dead and 86 missing in south China's nine provinces and regions, including Guangxi, Fujian, and Jiangxi, according to the Office of State Flood Control and Drought Relief Headquarters.More than 10 million people have been affected by severe floods, which has accounted for economic losses of 14.5 billion yuan (2.1 billion U.S. dollars), officials noted.

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.

BEIJING, Aug 5(Xinhunet) -- China's machinery industry has rebounded during the first half of this year, but the momentum is likely to slow as the country's economy cools.The machinery industry has grown by 37 percent during the first six months of 2010, with a total output value of 6.59 trillion yuan, according to the China Machinery Industry Federation, a quasi-governmental institution that oversees growth of China's machinery sector.The machinery industry, which has benefited from the government's 4 trillion yuan investment spending spree, enjoyed expansion in large-scale construction projects over the last year. The construction machinery sector reported 54 percent growth during the first half of this year, according to the federation.The strong growth of the industry is based on preliminary statements by several listed machinery companies submitted to the stock exchange.Shanghai-listed Zoomlion Heavy Industry Science and Technology Development Co, which is also planning to launch a listing in Hong Kong, predicted its profit would grow by 50 percent to 100 percent over the first half this year.Sany Heavy Industry Co is also expected to record 85 percent growth this year, according to Ping An Securities. The maker has already reported a growth rate of 170 percent in profit during the first quarter of this year.However, not all machinery industry sectors are reporting the same momentum as domestic demand has decreased this year. New orders in power generation equipment, transmission and substation equipment as well as heavy machinery, have rolled back this year."It is unlikely to see significant growth in the output of power equipment this year and it will probably stand around 117 million kW since the base figure is already huge," according to Cai Weici, vice-president of the federation, adding that China's output of power equipment already makes up half of the world's total."There is also less demand for heavy machinery used in steel production because the industry is eliminating outdated productivity, thus reducing market demand," Cai said.Fixed-assets investment in the machinery industry which has maintained a growth rate of over 40 percent since 2004 slowed down by 27 percent to 79.8 billion yuan, signaling less reserved strength for further growth.In term of exports, the machinery industry will be exposed to several uncertain factors including a more flexible yuan exchange rate as well as rising labor and raw material costs.The federation forecasts the industry's growth rate will be 20 percent in 2010.

来源：资阳报