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ROME, Jan. 8 (Xinhua) -- Chinese Ambassador Sun Yuxi announced Chinese culture year in Italy at a press conference at the Chinese embassy here Friday.     The culture year, which follows Italian year in China in 2006, will officially start in September.     "The Chinese culture year in Italy is set to be a central obelisk supporting further exchange between the two countries. It is a crucial project on which both governments have long been working," said Sun.     The ambassador said nine Chinese central government departments and 22 local authorities would be involved in organizing more than100 events all over Italy, including performances of traditional Chinese musical bands, dances and operas. Chinese Ambassador to Italy Sun Yuxi (R) addresses a press conference about the Chinese cultural year to be held in Italy, in Rome Jan. 8, 2010    Meanwhile, business conferences will offer opportunities for important meetings between Chinese and Italian entrepreneurs and facilitate trade agreements.     The Italian government has nominated former culture minister Giuliano Urbani as coordinator of the organizing committee, which is composed of representatives from 13 Italian government ministries.     Sun said 2010, which marks the 40th anniversary of diplomatic relations between China and Italy, is set to be a crucial year for political and economic ties.     China-Italy ties were "in the best period ever in the history of diplomatic relations," the ambassador said.     Cooperation at all levels had recently been enhanced and Italy was a crucial partner for China, he added.     The press conference was the first of a series preparing the ground for the Chinese culture year in Italy.     The ambassador is scheduled to give a press conference at the beginning of each month of this year.

BEIJING, Dec. 24 (Xinhua) -- A report on the building of rural social security system was submitted Thursday to the ongoing session of the National People's Congress (NPC), China's top legislature, for deliberation.     Sun Wensheng, vice chairman of the NPC Agriculture and Rural Affairs Committee, said steady progress had been made in the development of rural social security system when delivering the report at the session of the NPC Standing Committee.     A total of 833 million rural residents, or 94 percent of the rural population, have joined the rural cooperative medical care system, up 2.5 percentage points from the beginning of this year, according to the report.     The rural cooperative medical care system, a government initiative implemented in 2005 that intended to make health services more affordable for the rural poor, had alleviated illness-caused poverty among farmers, it said.     The report said 320 counties, or 11.6 percent of the country's total, had been or would be approved to try a new rural social pension insurance system, which would benefit more than 15 million rural residents.     Under the pension system, senior rural residents will receive a monthly ole-age pension of varying amounts, which will be set by government according to the local income standards.     However, some local governments were financially challenged to implement the rural social security programs and only a relatively small percentage of migrant farmer workers were covered, Sun said.     The report was the result of a nearly four-month investigation conducted by the NPC Agriculture and Rural Affairs Committee.     Initiated in September, the investigation covered 17 provinces, municipalities and autonomous regions.

BEIJING, Dec. 12 (Xinhua) -- China should take more forward looking and preemptive measures to fight inflation expectations following this year's credit boom and runaway property prices, said a report released by a leading Chinese bank.     Bank loans should be extended at a more reasonable pace with improved structures next year and policy fine-tuning is necessary, the Bank of Communications has said in a report released by its financial research center.     The government should maintain the continuity and stability of its monetary policy and meanwhile be more targeted and flexible, it said.     The report noted an over brisk equity and property market are always prelude of inflation. Money flow should be regulated to prevent asset bubbles.     It also suggested government increase supply of land resources and affordable housing and crack down on land enclosure to curb skyrocketing property prices which gained the most in 14 months in November.     CPI, the main gauge of inflation, jumped 0.6 percent in November from a year ago, the first monthly growth since January, because of lower statistical bases and rising food prices.     The producer price index (PPI), a major measure of inflation at the wholesale level, declined 2.1 percent in November from a year earlier.     The report expected PPI to end monthly drop in December, and the annual CPI decline to narrow to 0.8 percent.     Hyperinflation is unlikely and CPI is predicted to rise four percent next year, it said.

BEIJING, Nov. 16 (Xinhua) -- U.S. President Barack Obama arrived in Beijing Monday afternoon to continue a four-day state visit to China after meetings with officials and students in Shanghai. Chinese Vice President Xi Jinping greeted him at the airport. U.S. President Barack Obama waves as he steps off Air Force One at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to ChinaChinese Vice President Xi Jinping walks with U.S. President Barack Obama at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to China    During his stay in Beijing, Obama is to meet with Chinese leaders and exchange views on bilateral relations and major international and regional issues of common concern. He will also visit the Forbidden City and the Great Wall, two of China's most cherished heritage sites. A child presents a bouquet to U.S. President Barack Obama as Chinese Vice President Xi Jinping gestures at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to China. Obama arrived in Shanghai Sunday night, the first stop of his maiden trip to China since taking office in January. He met with Shanghai Party chief Yu Zhengsheng and had a dialogue with Chinese youth earlier Monday.     China is one leg of Obama's Asian tour, following his visit to Japan and Singapore. He is slated to leave Beijing for the Republic of Korea Wednesday afternoon. Chinese Vice President Xi Jinping shakes hands with U.S. President Barack Obama at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to ChinaU.S. President Barack Obama arrives at the airport in Beijing, capital of China, on Nov. 16, 2009. Obama arrived here Monday afternoon to continue his four-day state visit to China

TOKYO, Nov. 19 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi met with Japanese counterpart Katsuya Okada Thursday evening to discuss bilateral ties as well as international and regional issues of common concern.     Yang said after the new government was formed after the Aug. 30general election of Japan, leaders of the two countries have met under many circumstances to reach important consensus on strengthening strategic mutual beneficial relations. The bilateral ties are embracing fresh opportunities of development and a main purpose of his visit is to discuss with the Japanese side how to further improve the relations.     Yang said the two countries should maintain high-level mutual visits and economic dialogues to deepen cooperation. On issues where divergences still remain, the two countries should seek solutions on the basis of dialogue and consultation.     Yang also suggested Japan and China should work to ensure the peace and stability of East Asia, which includes measures to bring Democratic People's Republic of Korea back to six-party talks and denuclearize the Korean Peninsula. They also discussed issues such as climate change.     Okada also believed Japan and China should increase communication in all areas to enhance the mutually beneficial bilateral ties.     Yang also met with Speaker of the House of Representatives Takahiro Yokomichi and President of the House of Councillors Satsuki Eda on Thursday.     Yang told the Speakers of Lower and Upper Houses that the Shanghai Expo, which is to open next May, is a good channel of friendly communication between China and the rest of the world. China appreciated the assistance provided by the Japanese Diet to the preparation of the Expo and will continue to work with Japan to enhance cultural and personnel communication between the two countries.     The Japanese Speakers of the Diet said China and Japan should not only closely cooperate on bilateral issues, but also work together to settle regional, international and global issues. They emphasized communication between the legislation bodies are important and the Japanese Diet will exert every effort to boost bilateral ties. They also said Japan is actively preparing for the participation of Shanghai Expo and believed the Expo will be a success.     Chinese Ambassador to Japan Cui Tiankai was present during the meetings.     Yang's four-day visit to Japan, which started here Thursday, is the first since the country saw a change of government in September.