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LISBON, Nov. 7 (Xinhua) -- Chinese President Hu Jintao concluded his state visit to Portugal on Sunday and has left the Portuguese capital of Lisbon for home.The president arrived in Lisbon on Saturday after a three-day state visit to France that began on Thursday.In Lisbon, Hu had talks with Portuguese President Anibal Cavaco Silva and met other Portuguese leaders, exchanging views on how to deepen bilateral pragmatic cooperation. Both sides also discussed major world and regional issues of common concern.Hu and Silva agreed to work together to deepen the comprehensive strategic partnership between the two countries. Chinese President Hu Jintao (L) and Portuguese Prime Minister Jose Socrates hold a joint press conference in Lisbon, Portugal, Nov. 7, 2010. In France, Hu and his French counterpart Nicolas Sarkozy met for talks and agreed to make joint efforts to boost bilateral cooperation.Hu said in the talks that since diplomatic ties were forged 46 years ago, the China-France relationship has been characterized by its strategic and global nature and its ability to move with the times.The Chinese president called on both sides to continuously deepen mutual understanding by carrying out high-level visits and exchanges between governments, legislatures, political parties and regions.Both countries should advance with the times, be creative in practical cooperation, expand trade and try to double their trade volume by 2015, he said.During Hu's visit, China and France signed a host of cooperation agreements covering a wide range of areas, including nuclear energy, aviation, finance, energy efficiency, and environmental protection.On Thursday, China and France issued a joint statement on strengthening their comprehensive strategic partnership.The statement said the two countries should make a major contribution to peace, stability and development of the world, conform to the purposes and principles of the UN Charter, promote multilateralism and respect the independent and sovereign choice for the development of each country.Analysts said that the Chinese president's state visits to France and Portugal have promoted not only bilateral cooperation, but also the development of China-Europe ties.

BEIJING, Oct. 20 (Xinhua) -- China's central bank Tuesday announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points effective from Oct. 20, a move widely seen as the government's action against inflationary pressure.The People's Bank of China (PBOC) said in a statement on its website that the one-year deposit rate will rise from 2.25 percent to 2.50 percent, and the one-year lending rate will increase from 5.31 percent to 5.56 percent.The rise, the first over the past three years, had not been anticipated and could be related to the impending September statistics and the third quarter statistics, said Jiang Chao, an analyst with Guotai Junan Securities.The CPI (Consumer Price Index), a key gauge of inflation, may maintain its high level in September, Jiang said.The rate hikes are the first in three years. The central bank last hiked rates on Dec. 21, 2007.The benchmark interest rate has been cut four times since the global financial crisis.Li Daokui, a member of the PBOC's monetary policy committee, said statistics showed China's economy has been bottoming out from the accelerated slump at the beginning of this year, but prices of goods remain at a high level, attracting attention from policy makers.Further, policy makers have to seek a balance between economic growth, restructuring and stable prices, Li said."Judging from the move, worries about soaring prices overwhelmed jitters on economic growth, as is the main reason for the interests rate hike. Negative interests rate (higher CPI increases than deposit interests rate) is also another reason," Li said.Liu Yuhui, an expert with the Institute of Finance and Banking at the Chinese Academy of Social Sciences, said the interests rate hike this time is related to expectations of inflation as the negative interests rate has continued for seven months.China has been experiencing hikes in prices of agricultural products, urban services like home rents and catering, Liu said."We believed it was caused by soaring labor costs, also related to issue of currencies and soaring living costs in cities," Li said.Prices of garlic, ginger and sugar have jumped in China's market. Sugar prices in Shanghai stood at 6,000 yuan (900.90 U.S. dollars) per tonne, much higher than 2,700 yuan per tonne seen one year earlier.

BEIJING, Oct. 20 (Xinhua) -- China's central bank Tuesday announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points effective from Oct. 20, a move widely seen as the government's action against inflationary pressure.The People's Bank of China (PBOC) said in a statement on its website that the one-year deposit rate will rise from 2.25 percent to 2.50 percent, and the one-year lending rate will increase from 5.31 percent to 5.56 percent.The rise, the first over the past three years, had not been anticipated and could be related to the impending September statistics and the third quarter statistics, said Jiang Chao, an analyst with Guotai Junan Securities.The CPI (Consumer Price Index), a key gauge of inflation, may maintain its high level in September, Jiang said.The rate hikes are the first in three years. The central bank last hiked rates on Dec. 21, 2007.The benchmark interest rate has been cut four times since the global financial crisis.Li Daokui, a member of the PBOC's monetary policy committee, said statistics showed China's economy has been bottoming out from the accelerated slump at the beginning of this year, but prices of goods remain at a high level, attracting attention from policy makers.Further, policy makers have to seek a balance between economic growth, restructuring and stable prices, Li said."Judging from the move, worries about soaring prices overwhelmed jitters on economic growth, as is the main reason for the interests rate hike. Negative interests rate (higher CPI increases than deposit interests rate) is also another reason," Li said.Liu Yuhui, an expert with the Institute of Finance and Banking at the Chinese Academy of Social Sciences, said the interests rate hike this time is related to expectations of inflation as the negative interests rate has continued for seven months.China has been experiencing hikes in prices of agricultural products, urban services like home rents and catering, Liu said."We believed it was caused by soaring labor costs, also related to issue of currencies and soaring living costs in cities," Li said.Prices of garlic, ginger and sugar have jumped in China's market. Sugar prices in Shanghai stood at 6,000 yuan (900.90 U.S. dollars) per tonne, much higher than 2,700 yuan per tonne seen one year earlier.

DAMASCUS, Nov. 1 (Xinhua) -- Top Chinese political advisor Jia Qinglin visited the Golan Heights on Monday, pledging support for Syria's efforts to resume the exercise of sovereignty over the mountainous region partially occupied by Israel."China unswervingly supports the just cause of the Syrian government and people to safeguard their national sovereignty and territorial integrity, backs Syria to resume the exercise of sovereignty there, and supports Syria's long-time efforts for peace in the Middle East," said Jia after visiting the ruins of Quneitra city, the Syrian headquarters for the heights.China will, as always, play a positive and constructive role, and work along with Syria and the international community to strive for a comprehensive, fair and lasting peace in the Middle East at an early date, said Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee.He planted an olive tree there to signify peace and friendship.The Golan Heights, with its major part under Israeli occupation since the 1967 Arab-Israeli war, remains a highly contested land straddling the borders of Syria and Israel.During an interview with Syrian media on Sunday, Jia hailed the traditional friendship between China and Arab nations, highlighting political mutual trust, mutually beneficial economic cooperation, frequent cultural exchanges and well-organized coordination on international affairs."China always firmly supports the Arab states' just strive for resuming legitimate national rights and interests, appreciates their support to China on issues concerning China's core interests," Jia said.Labeling Arab nations as "good friends, brothers and partners" of China, Jia called for more cooperation between China and them to further boost their strategic cooperation.Jia arrived here on Friday for a five-day visit to the country.

BEIJING, Aug. 29 (Xinhua) -- Xie Yun, a 24-year-old new graduate, felt excited when he opened the door of the 50-square-meter apartment he rented in Changzhou city of east China's Jiangsu Province.Starting work in a computer company in July, Xie is one of the lucky few who enjoyed lower rents offered as part of the local government's affordable housing program. He pays 4.5 yuan per square meter for one month, around 10 percent of his monthly income.Also, the apartment is equipped with an air conditioner, a TV set and automatic drying racks."I'm quite satisfied, and I prefer to rent such an apartment rather than buy one," said Xie.Xie's home is one of 133 small-sized public-rent apartments purchased by the Changzhou government and rented to low-income families and the newly employed. Monthly rents varied from 3.5 yuan to 4.5 yuan per square meter, about 30 percent of the average price in Changzhou.In the city's southern section, migrant workers pay even lower costs."I only need to pay one yuan per day for renting a bed in the dormitory-like apartment, sharing a balcony and a toilet with eight people," said Chen Ling, an 18-year-old worker in an electronic firm in Changzhou.The 260,000-square-meter residential community provides 5,000 migrant workers with basic living facilities, including a supermarket, shopping mall, bank, Internet bar and dining hall.The Changzhou government has so far built as well as bought 10,500 units of public-rent housing, and offered 11,400 units of low-rent homes to migrant workers.