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BEIJING, Sept. 9 (Xinhua) -- Central banks should provide incentive mechanisms for banks to extend more loans to support the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), or the central bank, said Thursday.Speaking at a forum in Beijing sponsored by Oxford University and the China Development Research Foundation, Zhou reviewed the worldwide central banks' role in helping grapple with the financial crisis, pointing out that zero interest rate policies adopted in many countries could discourage banks from extending lending.He said, however, that a central bank should maintain a certain interest rate margin, which will help banks to recover from damages brought by the global credit crunch and strengthen their abilities to extend loans.

BEIJING, Sept. 22 (Xinhua) -- "It seems that the world suddenly fell silent when the traditionally noisy Mid-Autumn Festival coincided with Car-Free Day," said "ice14" on the microblog at sina.com.cn.On Wednesday, China celebrated the Mid-Autumn Festival, as well as China's fourth Car-Free Day, as citizens in 110 cities were encouraged to leave their cars and travel by public transportations, bicycles, or on foot.In cities like Beijing, Guangzhou, and Changsha, temporary Car-Free Zones which limit the driving of private cars were set up.Due to the campaign, many citizens chose to give up driving cars and, instead, use low-carbon means of travel."I decided to cycle around on this holiday with my boyfriend after learning that it's Car-Free Day today," said Li Yang, a resident of Jinan in east China's Shandong province.In Hangzhou, the scenic capital of Zhejiang province, 51,500 bicycles were placed at 2,050 rental points to encourage residents to travel by bicycle, said Tao Xuejun, vice general manager of the Municipal Public Bicycle Service Company.The municipal transport offices in Zhengzhou City and Kunming City also made special arrangements to support the campaign, including increasing the frequency of buses, adding bus routes, offering discounted tickets and limiting the use of government vehicles. However, the situations differ in other cities, and not all citizens are satisfied with the arrangements of the local authorities."Why are there still large traffic jams?" wrote "Yuerrachel", a sina microbloger under a photo showing blocked roads. "It is more of a show", said "Fengjiechuanqi" in a microblog at Sina.com.cn."It seems no big difference from the daily situation here. Only a few people are willing to give up driving cars," said Cui Rongrong, an economic analyst working in Shandong.Other netizens also accused the Car-Free policy of becoming an obstacle to normal transport."Due to the establishment of the Car-Free Zone on major roads, the private cars which have to go other ways blocked roads outside the zone," said a microblog of "Momingqimiaode" on Sina.com.cn.Actually, the rapid increase in the number of private cars has caused a heavy burden in China's cities. Days before the festival, many cities around the country had witnessed serious traffic jams.Last Friday evening, 140 traffic jams occurred in Beijing due to the heavy rainfall and holiday traffic before the Mid-Autumn Festival. In the city of Changsha, more than 1,000 kilometers from Beijing, the roads were reported to have turned into huge parking lots during the past two evenings."It took me half an hour to go downtown yesterday, three times the time it usually takes," said Cui in Shandong.Though the influence of the Car-Free campaign is limited, optimistic opinions about it were voiced."It is still helpful for increasing the public's sense of protecting the environment," said "lilili8565731" at Tieba.Baidu.com."I think the authorities should make more efforts to improve the public transit services with the residences' needs in mind, instead of putting on a show once a year on Car-Free Day," wrote "niuniuniuniu" at Tieba.baidu.com.Car-Free Day was originated in France in 1998 when citizens in 35 French cities decided to stop driving cars on Sept. 22 of each year. Since then, people around the world have begun to celebrate environmentally friendly transportation every year.

WASHINGTON, Oct. 7 (Xinhua) -- China's growth is a very important force in the global recovery, World Bank Group President Robert B. Zoellick told reporters here on Thursday in response to a Xinhua question.Zoellick made the remarks during a press briefing ahead of the Bank's annual meeting this weekend.Asked what China can contribute to the world development, the president, who just concluded a week-long China tour last month, said China's growth itself is important contribution to the world. World Bank President Robert B. Zoellick hosts a press briefing ahead of the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., capital of the United States, Oct. 7, 2010.China's economy is projected to grow 10.5 percent in 2010 and 9. 6 percent in 2011, driven by domestic demand, according to the biannual World Economic Outlook (WEO) released by the International Monetary Fund (IMF) on Wednesday."China's strong and sustained growth over the past several years has served as a linchpin for global trade, benefiting exporters of commodities and capital goods," said the report.The World Bank chief stressed the importance of new multi-polar economy requiring multi-polar knowledge, with rising economies contributing new experiences to the world.Recovery is happening, but not quick enough to bring enough jobs, and the economic downturn is still hurting people's jobs and lives, said Zoellick."We need a more balanced and sustainable growth," he added.Zoellick also warned of a potential resurgence of protectionism in the post-crisis period. He stressed that protectionism is not a way out, and it may only risk the repetition of mistakes of the 1930s.

ISTANBUL, Oct. 8 (Xinhua) -- Chinese Premier Wen Jiabao met with Turkish President Abdullah Gul here Friday on bilateral relations.Wen said China and Turkey have witnessed frequent high-level bilateral exchanges, steady growth of economic, trade and investment cooperation, and good cooperation in regional and international affairs since the establishment of diplomatic ties between the two countries.The establishment of a strategic relationship of cooperation, which the two sides agreed upon Friday, is in the fundamental interests of the two countries and the peoples and is beneficial to world peace and development, he said. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.Wen said China is willing to work together with Turkey on the implementation of the important consensus and agreeements that the two sides have reached to turn a new chapter in bilateral relations.Gul said Wen's successful visit to Turkey is sure to bring bilateral relations to a new level.He reiterated Turkey's adherence to the one-China policy.The Turkish president said that he saw great potential in the bilateral economic and trade cooperation and that Chinese enterprises are welcome to be involved in Turkish economic development.Gul said mutual understanding between the two peoples is very important and he hoped that the two countries will celebrate the 40th anniversary of the establishment of diplomatic ties next year with further expansion of bilateral cultural exchanges and tourism cooperation.Wen arrived in Turkey Thursday on a three-day official visit at the invitation of Prime Minister Recep Tayyip Erdogan.

BEIJING, Nov. 2 (Xinhua) -- China on Tuesday called on Japan to make substantial efforts to create appropriate conditions for improvement of bilateral ties ahead of the Asia-Pacific Economic Cooperation (APEC) summit in Yokohama.At a routine news briefing, Foreign Ministry spokesman Hong Lei confirmed that Chinese Premier Wen Jiabao exchanged greetings with Japanese Prime Minister Naoto Kan prior to the start of the East Asian Summit last Saturday.Hong said China attached great importance to developing ties with Japan.Developing China-Japan strategic and mutually beneficial relations was in the fundamental interests of both nations and their people, Hong said.China stands for resolving the problems between the two countries through dialogue and consultation on the basis of the principles of the four political documents, he said, adding China's position in this regard remained unchanged.The four political documents, namely the China-Japan joint statement on comprehensively advancing strategic and reciprocal relations, the Sino-Japanese Joint Statement, the China-Japan Treaty of Peace and Friendship and the Sino-Japanese Joint Declaration, serve as the bedrock for developing friendly and cooperative relations between the two countries.In reply to a question on the sovereignty of the Diaoyu Islands, Hong reaffirmed that the Diaoyu Islands and its adjacent islets have been an integral part of the Chinese territory since ancient times.China-Japan relations have been strained since a collision between two Japanese Coast Guard patrol ships and a Chinese trawler on Sept. 7 in waters off the Diaoyu Islands in the East China Sea.The Japanese Coast Guard seized the trawler and detained the fishermen and the captain on Sept. 8.China, which claims sovereignty over the Diaoyu Islands, has maintained the seizure and detention were illegal.