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BEIJING, April 17 (Xinhua) -- Chinese Vice Premier Li Keqiang urged more efforts to expand domestic demand and restructure the economy to revitalize the old industrial base in northeast China.Li made the remarks during an inspection tour to northeast China's Liaoning Province between Wednesday and Saturday.Urbanization, which in itself is a kind of economic restructuring, offered great potentials for expanding domestic demand, Li said.Chinese Vice Premier Li Keqiang (4th R) listens to the introduction of the comprehensive plan of the construction of Lingang Industrial Park at Changxingdao in Dalian, northeast China's Liaoning Province, April 15, 2010. Li made an inspection tour in Liaoning from April 14 to 17.He also stressed the role of scientific and technological innovations in transforming the economic development mode and creating new advantages in competition.Improved livelihood of the people is a major symbol for the revitalization of the old industrial base, said Li, urging local governments to step up efforts to improve people's well-being in the process of economic development

BEIJING, April 13 (Xinhua) -- China's housing authorities on Monday urged local governments to put more efforts into the building of low-income housing.The national goal for 2010 is to build 3 million apartments for low-income families, renovate 2.8 million in urban shantytown areas, and expand renovation of dilapidated houses in rural areas, an unidentified official with the Ministry of Housing and Urban-Rural Development (MOHURD) told a teleconference.The ministry urged governments at all levels to strictly implement preferential policies in land provision, funding, tax reduction and credit support for low-income housing projects, to ensure the realization of the annual construction goals.MOHURD also called for efforts to curb the precipitous rise of housing prices in some cities by increasing the supply of small and medium-sized houses and to rein in the speculation on rising house prices.

BEIJING, April 23 (Xinhua) -- China's trade surplus this year will see a decline from the 2009 level despite a recovery in foreign trade, the People's Bank of China, the central bank, said here Friday.An increase in orders would push up export growth to more than 20 percent in the second quarter, while import growth would also stay high due to surging domestic demand and rising import prices, said the bank in a report released on its website."Exports have returned to pre-crisis levels and imports have hit all-time highs after seasonal adjustments," it said.The report said China still faced deteriorating trade conditions with rising trade protectionism and the unstable global economic recovery.China's trade surplus stood at 196 billion U.S. dollars last year. March saw its first monthly trade deficit in six years, with exports at 112.11 billion U.S. dollars and imports surging 66 percent to 119.35 billion U.S. dollars.The country's macro-economy would continue to improve after a better-than-expected 11.9 percent economic growth in the first quarter, said the report, adding, "The Chinese economy has had a good start this year."Companies are more willing to invest, while the people are showing stronger consumption demand," it said.Investment structure had been improved in the first quarter, with private investment rising 30.4 percent year on year, exceeding the 21.1-percent growth of government or state-owned enterprise investment, said the bank.China's retail sales surged 17.9 percent year on year in the first quarter, and fixed assets investment rose 25.6 percent, data from the National Bureau of Statistics showed.The bank also noted that "credit controls have seen initial results", as new yuan-denominated loans fell to 2.6 trillion yuan in the first quarter, 1.98 trillion yuan less than the corresponding period last year.The government has stated that the proactive fiscal policy and relatively easy monetary policy would continue this year, while repeatedly warning of assets bubbles, inflation risks and overheating industries.Soaring commodity prices were one of the government's major concerns, as the consumer price index, the main gauge of inflation, rose 2.4 percent year on year in March, nearing the government's upper limit of 3 percent inflation this year.The bank said it would continue to strengthen liquidity management and keep an "appropriate" growth of money supply, so as to maintain stable prices and strike a balance between maintaining economic growth, adjusting the economic development model and avoiding inflation risks.

DRESDEN, Germany, April 12 (Xinhua) -- Li Changchun, a senior leader of the Communist Party of China (CPC), met with Stanislaw Tillich, premier of the eastern German state of Saxony here on Monday.Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, arrived here earlier in the day for an official goodwill visit.Cooperation between localities constitutes an important part of Sino-German ties, Li said. He spoke highly of the fruitful bilateral cooperation in economy and trade, education, culture and environmental protection.Li Changchun (L), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, meets with Saxony's State Premier Stanislaw Tillich in Dresden, Germany, April 12, 2010.He hoped the two sides could make more efforts to enhance mutual understanding between the two peoples and make new contribution to Sino-German cooperation.Tillich said that Li's Dresden visit fully demonstrates China's support to the cultural exchanges between localities of the two countries.He told Li that the German side has been preparing for the Enlightenment art show to be staged in China. He believed the show could help push forward bilateral exchanges in the cultural and other areas.

BEIJING, April 9 (Xinhua) -- Visiting U.S. Under Secretary of State Robert D. Hormats said here Friday he is very optimistic the United States and China could address problems in a constructive way.He made the remarks when delivering a speech at the China Institute of Contemporary International Relations. Hormats, who once served as a senior economics advisor to Dr. Henry Kissinger, has visited China many times.He hailed the U.S.-China relationship that has witnessed "remarkable development" since the two countries forged diplomatic ties.But that does not mean there are no differences or competition between the United States and China, he added.Still, when looking back, the differences the two countries have been resolved in a constructive way, he said.The two countries' leaders understand they need to get along, he said.Hormats has made the visit to China amid calls in the United States for China to let its currency, the yuan, appreciate in value against the dollar.He said the United States commends China for its efforts to undertake rebalancing in China, and "we think China had made great progress.""We do not regard the competition with China as a zero-sum game," Hormats said, adding that strong growth in China helps the United States.The U.S.-China relationship is extremely important, and the two countries have a great opportunity now to do things in their common interests, he said.At the upcoming Nuclear Security Summit in Washington, Chinese President Hu Jintao and U.S. President Barack Obama will meet while the second China-U.S. Strategic and Economic Dialogue will take place in May.Hormats also said the two countries need to enhance collaboration within the global architecture, and expand cooperation in areas such as clean energy, innovation and economic rebalancing.Hormats will also attend the annual meeting of the Boao Forum for Asia (BFA) in China's southernmost Hainan Province.

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