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BEIJING, Nov. 27 (Xinhua) -- "I can't afford an apartment, a car or a wife, but it never occurred to me until now that I can't even afford vegetables or fruit," said Gao Lei, a 30-year-old renter in Beijing."I went to a grocery store yesterday only to find that even apples, the cheapest fruit, are sold for 4 yuan half a kilogram, doubling the price from two months ago," said Gao.China's consumer price index (CPI), the main gauge of inflation, rose to a 25-month high of 4.4 percent in October. The hike was mainly due to a 10.1-percent surge in food prices. Food prices have a one-third weighting in China's CPI calculation.An employee puts bags of sugar on to shelves at a supermarket in Beijing. The price of the commodity has doubled in China since the beginning of the year. Though Gao is slightly exaggerating his hardship during the current inflation, price rises, particularly of life necessities such as grains and vegetables, do force Chinese low-income groups into a rough time.Jiang Peng's family is hard-hit, as he and his wife both are laid-off workers and have two daughters in college. Jiang, however, has a new job, working as a janitor in Jinan-based Shandong Economic University.Jiang's family makes some 24,000 yuan (3,600 U.S. dollars) a year, half of which goes to paying tuition for their two college girls, with the majority of the rest covering their daughters' living expenses."We spend each penny carefully, because we try to save as much as possible for the kids. Now as price goes up, we find it increasingly difficult to make ends meet," said Jiang.The only vegetable Jiang and his wife have these days is cabbage, since it is the cheapest of all vegetables.Jiang said prices have dropped slightly due to government price control efforts, but it is not making a big difference yet, and prices of some daily necessities remain high, not showing signs of a decrease."We have fried dough sticks for breakfast, and even its price rose from 3.5 yuan per half a kilogram to 4 yuan, never falling again," said Jiang.For the poorest families, the government already made decisions to dole out temporary subsidies to help them cope with rising living costs.Jin Hong, mother of a fifth-grader in the city of Nanjing, east China's Jiangsu Province, now has to pay 15 percent more for her son's lunch at school. Jin's household monthly income stands at less than 1,000 yuan."I hope there will be no more increases, otherwise I will not be able to afford the school meals for my son," said Jin.p Jin's family is entitled to a 100 yuan subsidy given by the local government, which is due on Dec. 10. "Now, we are counting on the subsidy," she said.Students from poor families are also feeling the pinch, and they are paid great attention in the Chinese government's ongoing price control efforts. The National Development and Reform Commission (NDRC) issued a statement on Nov. 23 detailing various measures to institute price controls, including keeping prices stable in student cafeterias.Also, an earlier statement issued by the State Council, China's Cabinet, ordered local governments to offer subsidies to student canteens and increase allowances for poor students.He Ming, a student from a low-income family at Nanjing-based Southeast University, now sneaks out of classes earlier to make it to the cafeteria before all low-priced dishes are sold out.Low priced dishes are the vegetables, since meat is usually more expensive in China, and they are priced at one yuan per dish."In order not to only swallow rice for the meal, I have to quit part of the class. Though the cafeteria still serves low-price dishes, despite price hikes of vegetables lately, they serve less."He has a monthly living allowance of 300 yuan, which is given by his parents.
SHANGHAI, Nov. 11 (Xinhua) -- The first annual development report for east China's metropolis Shanghai was released Thursday, pointing out new strategies to build the city into an international economic, financial, trading and shipping center by 2020.The Development Report on Shanghai International Economic, Financial, Trading and Shipping Center was released by the municipal Development and Reform Commission and the municipal Development and Reform Institute.The report reviews the efforts and progress in building Shanghai on four fronts and makes proposals for future development.Shanghai set the goal of becoming the center in the four areas in 2009.At the ceremony marking the release of the report, scholars gathered to discuss Shanghai's development.In terms of becoming an international economic center, Jiang Yingshi, president of the Shanghai Society of Macroeconomics, said that Shanghai should draw on the World Expo effect to enhance its service-oriented economy, regional integration, and cultural development.To become an international financial center, Xiao Lin, deputy chief of the municipal Development and Reform Commission, said that the key task in the next decade is for Shanghai to become the RMB products trading and investment hub with world class financial services.In terms of becoming an international trading center, Yuan Zhigang, economics professor at Fudan University, said that efforts should be made to develop high end products and build Shanghai into a shopping paradise.In terms of becoming an international shipping center, scholars pointed out the importance of a modern shipping service system.The development report will be released every year starting in 2010 to keep track of each breakthrough along the way, said Xiao Lin.

ROME, Nov. 8 (Xinhua) -- Italy and China launched on Monday a strategic "innovation alliance" aimed at boosting technological exchange and joint research in crucial sectors including health, energy and "e-government."The Italy-China Innovation Forum, which stood as the first major event for the one-year celebrations of the Chinese Culture Year in Italy marking the 40th anniversary of diplomatic ties between the two countries, was a great opportunity to foster contacts between Chinese and Italian entrepreneurs and pave way for a strengthened bilateral cooperation.The key message of the forum was the need both China and Italy shared to cooperate in innovation and technology, stretching from health to "e-government," renewable energy and energy efficiency, high-quality design and information and communication technology ( ICT). Chinese Minister of Science and Technology Wan Gang addresses the opening ceremony of China-Italy Innovation Forum in Rome, Italy, Nov. 8, 2010.Organizers of the meeting were Italian Innovation Minister Renato Brunetta, Chinese Minister for Science and Technology Wan Gang and Italy's major industrial association, Confindustria.In front of 250 Italian industrials and 100 Chinese businessmen and institution representatives, Minister Brunetta proposed to launch an "innovation alliance" from which both countries could benefit."Innovation curbs bureaucracy, allows direct access to services on internet and simplifies administrative procedures," he said, suggesting its revolutionary power in increasing a country's global competitiveness and well-being.At the forum Brunetta announced the launch of an important agreement between Italy's Innovation Agency and Beijing's Science and Technology Commission aimed at creating an Italy-China center for technological transfer which will focus on stimulating contacts between scientific parks, technological districts and small enterprises of both countries.
ST. PETERSBURG, Russia, Nov. 22 (Xinhua) -- Visiting Chinese Vice Premier Wang Qishan met his Russian counterpart Alexander Zhukov on Monday, both speaking highly of the bilateral ties and vowing to expand cooperation on all fields.In the 14th meeting of the Joint Commission for the Regular Meetings of Heads of Government of China and Russia, Wang appreciated Sino-Russian relations as the two countries have further strengthened their strategic partnership of coordination, promoted mutual understanding and boosted pragmatic cooperation in all areas.He said bilateral trade volume between the two countries has rebound to the pre-crisis level, with comprehensive energy cooperation, covering areas of crude, nuclear power, electricity and coal, being further developed.Bilateral economic cooperation with significant strategic nature has been maintaining momentum, Wang said, appreciating its achievements in some joint projects of finance and infrastructure.Wang also noted that Sino-Russian economic cooperation is standing at a new start, as China is drafting the "twelfth five- year" development plan to transform its pattern of economic growth and Russia is implementing its strategy for modernization.Both countries should grasp the opportunities to boost bilateral cooperation in economy and trade, investment, energy, finance, technology, aerospace, telecommunication, transport and other fields, he said.Wang stressed China is willing to jointly endeavor with Russia to ameliorate bilateral trade structure, further promote and innovate cooperation to achieve the goal of win-win.With regards to his regular meeting with Zhukov, Wang spoke highly of the meeting as it was a bolster for the upcoming meetings of Chinese Premier Wen Jiabao with Russian leaders.Wang appreciated this dialogue mechanism between China and Russia, saying the two countries should continue candid communication and boost bilateral cooperation to achieve more fruits.Zhukov appreciated the Sino-Russian economic and trade cooperation as it has stood the test of the global financial crisis and revived to growth.He also spoke highly of bilateral energy cooperation in nuclear power, coal, electricity and timber, noting that the completion of Sino-Russian pipeline has upgraded the level of practical cooperation.Both countries are effectively carrying out interlocal outlines issued before, Zhukov said, adding that Russia will take the opportunity of this meeting to further boost bilateral cooperation to a new level.At the invitation of Deputy Prime Ministers Alexander Zhukov and Igor Sechin, Wang arrived in St. Petersburg on Nov. 21, kicking off his visit to Russia.On Monday, Chinese Premier Wen Jiabao also arrived in St. Petersburg, starting his official visit to Russia.
YOKOHAMA, Japan, Nov. 13 (Xinhua) -- Chinese President Hu Jintao put forward a five-point proposal on Saturday to promote sound and fast economic growth in the Asia-Pacific region.Hu made the proposal at the 18th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) forum, which opened here Saturday afternoon.Firstly, Hu asked the APEC economies to "promote balanced growth to create conditions for long-term economic development," saying they should seek balanced growth both within a member economy and among all member economies."We should increase input to help developing members achieve their full potential and narrow the North-South gap," Hu said.He called on APEC members to move toward a more rational division of labor, a more balanced financial and trade structure, more efficient allocation of resources and more equitable sharing of benefits.Efforts by APEC members in this aspect "will contribute to balanced and coordinated global economic growth," he said.Secondly, President Hu said the APEC members should "advocate inclusive growth to boost the internal dynamism of economic development."He called on all members to focus on economic development, uphold social equity and justice and adhere to the people-first principle so that all countries, regions and groups could benefit from economic globalization and development.
来源:资阳报