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BEIJING, Sept. 28 (Xinhua) -- Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply, a banking regulator said Wednesday.Outstanding loans to small firms grew 26.6 percent year-on-year to hit 9.85 trillion yuan (1.55 trillion U.S. dollars) at the end of July, said Xiao Yuanqi, an official in charge of financial services for small enterprises at the China Banking Regulatory Commission.The growth was 10 percentage points higher than that of the banks' total outstanding loans, Xiao told Xinhua.More than 100 commercial banks have set up special operations to ease small firms' difficulties getting access to bank credit, he noted.The figures came at a time when China is trying to balance the missions of countering inflation and sustaining the growth of small enterprises.The People's Bank of China, or the central bank, has raised the benchmark interest rate three times this year and increased the reserve requirement ratio six times.The measures bit into small, cash-strapped companies, which are already disadvantaged in seeking bank support due to insufficient collateral.Only 15 percent of China's small enterprises could get loans from banks and half of them had to resort to private lenders, according to a report by the National School of Development with Peking University in July.With tighter liquidity and stricter regulatory requirements on capital-adequacy ratios and loan-deposit ratios, banks are more reluctant to lend to small firms, said Ai Min, a retail banking general manager with China Minsheng Banking Corp., Ltd.Besides, the expanding size of lending to small firms may lead to higher risks, said Ai.He suggested banks improve the risk evaluation and collateral system for loans to small firms.

CHONGQING, May 28 (Xinhua) -- Non-infectious chronic diseases have become the major threat to human health in China as deaths from such diseases account for 85 percent of annual total deaths in the country, a report issued Saturday warned.The report said a 2008 national survey on mortality cause in China showed that the figure was up from 53 percent in 1973. Such diseases result in 3.7 million deaths annually.The Disease Prevention and Control Bureau under the Ministry of Health, and the Chinese Center for Disease Control and Prevention conducted the study, which was released at a national forum on prevention and control of chronic diseases in Chongqing.The mortality-cause survey shows that four non-infectious chronic diseases -- Cerebrovascular disease, cancer, respiratory disease and heart disease -- are the four principal causes that led to the largest number of deaths in China.Chronic diseases are the leading cause of mortality in the world, accounting for 60 percent of all deaths, reports the World Health Organization.According to the report, changes in lifestyle is one of the reasons that chronic diseases are increasing. Food with high contents of fat, protein and salt can lead to high blood pressure, high blood-fat and high blood sugar. Meanwhile, more people ride in vehicles instead of walking, meaning they exercise less.Experts at the forum called for more efforts to prevent and treat chronic diseases."It allows no delay," Kong Lingzhi, the vice director of the Disease Prevention and Control Bureau said, underlining the importance of reinforcing public education on chronic disease prevention and control."The earlier patients are aware of chronic diseases and receive proper medical treatment, the more likely they could overcome the diseases," she said.According to Kong, China has set a strategy to cope with chronic diseases in which government assumes the main responsibility, while the focus is on prevention.She said China would work to establish a prevention mechanism that pools the efforts of households, communities, professional institutions, and society at large.

BEIJING, Sept. 5 (Xinhua) -- China and the World Bank are jointly researching ways to help rebalance the world's second largest economy and move toward a path of sustainable growth under the current challenging global economic situation, said World Bank Group President Robert B. Zoellick on Monday.A report, jointly being prepared by the World Bank, China's Ministry of Finance, and the Development Research Center of the State Council, will be released later this year to support China in identifying the many challenges and policy choices it will face in the next two decades, as the country seeks to avoid the so-called "middle-income trap," a stage of economic development that has slowed progress in many countries, Zoellick said.Regarding this autumn as "a sensitive time facing the world's major economies," Zoellick said many countries, including the United States, the European Union and Japan, were facing the similar fundamental challenge of restructuring for sustainable economic growth."Perhaps the challenge is more difficult for China as the country has already made remarkable progress, and thus it's not easy to persuade people to make a change," he said.Commenting in Beijing on a weekend workshop with senior Chinese officials and outside experts, Zoellick said there was agreement that China will have to rebalance its economy, improve the environment, reduce inequality and advance the quality of life for its people while at the same time maintaining rapid growth."In the near term, inflation is China's priority, as Premier Wen Jiabao mentioned," Zoellick said, adding that the Chinese government was moving in the right direction, though it was too early to have the problem solved.In next 10 years, however, Zoellick said he could not imagine China continuing to rely on exports for growth, especially when developed economies have had difficulties recovering.By shifting away from an over-dependence on export-led growth to a greater reliance on domestic demand and investment, China could benefit not only itself but the world economy, he said.As China's 12th Five-Year Plan has pointed the way forward with what needs to be done, Zoellick said the ongoing research will try to help with the "how."He said the report will cover issues such as how China can complete its transition to a market economy; how to promote open innovation; how to advance green development; how to deliver equality of opportunity and social security to citizens; how to strengthen the fiscal system, and how China can become a responsible stakeholder in the international system.During his stay in China, Zoellick also visited the country's wasteland-turned-grain-producing-base in the northeast, including a farm, a rice mill, an agricultural research center and a modern agricultural machinery park, and learned about how this land transformation had affected local people's lives.As the world population is expected to hit 9 billion by 2050, Zoellick said the World Bank has been urging G-20 countries to prioritize food issues."China feeds 20 percent of the world's population with less than 10 percent of the world's agricultural land and less than six percent of its water, so China could make a significant contribution to global food security," Zoellick said.

BEIJING, July 11 (Xinhuanet) -- The pace of China's import growth in June fell to its lowest level in 20 months as tightening monetary policies kicked in, resulting in the biggest monthly trade surplus this year, official statistics show.Import growth is expected to slow in the coming months, thanks to the broad impact of the tightening measures, before picking up in the last quarter, economists predicted.According to the General Administration of Customs (GAC), imports rose 19.3 percent, from a year earlier, to 9.7 billion, the weakest since November 2009.Exports rose 17.9 percent and despite this being the smallest increase since last December they reached a record high of 1.9 billion.The decline in import growth has led to a widening trade surplus, .3 billion in June compared to .1 billion in May. But in the first six months the trade surplus dropped 18 percent, year-on-year, to .9 billion."Import growth was weaker than expected, as imports for China's processing trade weakened and de-stocking in heavy industry continued," Wang Tao, head of China Economic Research at UBS Securities, said."Recent commodity price drops, including crude oil, also helped lower the import bill," she added.June's net imports of crude oil fell 12 percent from May to 19.43 million metric tons, the lowest since October, amid refinery maintenance and slowing energy demand, according to the GAC figures."Decelerating economic growth and tightening measures to soak up market liquidity have reined in import growth, but it is not a cause for worry," Li Wei, an economist at Standard Chartered Shanghai, said.The government is expected to announce economic growth data for the second quarter on Wednesday. Gross domestic product growth is widely predicted to slow from 9.7 percent for the first quarter."The slowdown in import growth will last two to three months or even longer due to both falling demand and possible commodity price drops," Li said.Zhong Shan, vice-minister of commerce, said recently that imports will slow down in the second half, citing the government's measures to cool the economy.The central bank has raised interest rates five times since mid-October, with the latest on July 7, and increased the reserve requirements for commercial banks, the amount they have to set aside, nine times since November. The consumer price index, a major gauge of inflation, surged to 6.4 percent last month, the highest in three years.Zhao Fudi, GAC spokesman, said in an online broadcast on Sunday that higher prices are increasing inflationary pressure, leading to a 14.7 percent gain in the overall price of imported commodities in the first half.Imports surged 27.6 percent year-on-year to 9.4 billion from January to June, as commodity prices rose during the first half. Exports increased 17.9 percent in June, down from 19.4 percent in May."This is because of weaker external demand" from developed nations, Wang said.Exports increased 24 percent, year-on-year, to 4.3 billion during the first half, but exports to both the United States and the European Union, China's two major trading partners, rose by only 16.9 percent."The slow recovery of the global economy and the European debt crisis have added uncertainties to export growth," Zheng Yuesheng, head of the GAC statistics department, said.Lu Zhengwei, chief economist at Industrial Bank, believes that the March earthquake and tsunami in Japan hurt China's exports."The disaster cut off China's imports of parts and components used for mechanical and electrical goods, leading to a decline in those exports" which make up a majority of China's exports, Lu said.As Japanese manufacturers resume full production, or come close to it, in September, China's exports will regain momentum, he predicted.Li Wei agreed. "China's exports keep pace with the global economic recovery. And growth will probably see a turnaround in September" when orders for the Christmas season are usually made, Li said.Many companies in China's coastal regions are far from optimistic, citing rising costs in labor and raw materials and yuan appreciation, as well as shrinking demand abroad.Han Jie, deputy director general of the department of commerce in Zhejiang province, said "exporters in Zhejiang have experienced a disappointing first half, and the second half will not be better".

BEIJING, June 28 (Xinhuanet) -- A truck-sized asteroid passed over the Atlantic Ocean within 7,500 miles of the Earth on Monday, according to NASA's Jet Propulsion Laboratory.The space rock, called asteroid 2011 MD, is the second space rock to zip extremely close to the Earth this year.The asteroid, with latest size estimates ranging from 16 to 66 feet (5 to 20 meters) wide, was discovered just last week on June 22, but there was never any risk of it impacting the Earth, NASA scientists said. That means asteroid 2011 MD would likely be too small to survive the fiery plunge through the Earth's atmosphere, let alone reach the surface, NASA scientists said. Asteroids this size can be expected to buzz Earth with close shaves about once every six years, they added.The space rock flew well below geosynchronous satellites, which orbit 22,236 miles (35,786 km) above the Earth, but well above the 220-mile (354-km) altitude of the International Space Station.There was little chance that the asteroid would hit a satellite because of the vastness of space and relatively small number of satellites, experts said.

来源：资阳报