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BEIJING, Dec. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang has said finance should play a vital role in the country's macro control policies, while ensuring and improving people's livelihoods should be the priority of public finance.Li, speaking Monday at a national finance work conference, said China would stick to its proactive fiscal policy in 2011 and better handle relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, according to a statement released on Tuesday.The country will also put more focus on stabilizing overall commodity prices and promoting a balance between supply and demand to ensure basic livelihoods for residents, Li said.Chinese Vice Premier Li Keqiang (C) speaks at a national finance work conference in Beijing, capital of China, Dec. 27, 2010. He pointed out that finance should play a larger role in accelerating the transformation of the country's economic development pattern.Fiscal policies should focus on boosting domestic consumption, increasing fiscal and taxation support to innovation, energy saving and industrial upgrading, and deepening the reforms in fiscal and taxation systems to make the systems conducive to the country's scientific development, Li said.China should improve the structure of fiscal expenditure and give fiscal policies full play in adjusting income distribution to improve people's livelihoods, he said.Further, Li said the country would build more affordable housing, step up supervision of the property market, curb speculation and increase its supply of commercial housing.China planned to build 10 million government-subsidized affordable housing units next year, almost doubling this year's target of 5.8 million units.

BEIJING, Dec. 7 (Xinhua) -- A senior leader of the Communist Party of China (CPC) Tuesday encouraged Peking opera troupes to produce more superior pieces to revitalize that art.Li Changchun, a member of the Standing Committee of the CPC Central Committee Political Bureau, made the remarks after watching the show "Man Jiang Hong", which told a story of Yue Fei, a hero who fought against invading troops in the Southern Song Dynasty (1127-1279).The show kicked off a month-long demonstration season of over 40 masterpieces of Peking Opera.Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with Peking Opera artists after they stage a Peking Opera show at the National Center for the Performing Arts in Beijing, capital of China, Dec. 7, 2010.The over 200-year-old Peking Opera, which combines instrumental music, vocal performances, mime, dance and acrobatics, was recognized as an intangible cultural heritage last month by the United Nations Educational, Scientific, and Cultural Organization (UNESCO).The Chinese government established a special fund in 2005 to support key troupes around the country to develop new scripts and adapt classic stories.

CANCUN. Mexico, Dec. 8 (Xinhhua) -- The head of the Chinese delegation and UN Secretary-General Ban Ki-moon exchanged views on the important issues at the ongoing UN climate change conference here on Wednesday.According to Xie Zhenhua, deputy director of China's National Development and Reform Commission, China and the other Basic nations including Brazil, South Africa and India had adopted a flexible attitude and hope a substantial progress can be made on financial aid and technological transfer."Our requirement is not high, which is the implementation of the consensus under UN Framework Convention on Climate Change and Kyoto Protocol," he said.Xie also stressed that it will be a challenge to UN multilateral mechanism if Cancun conference can not reach an achievement.Ban praised China's efforts as "impressive" in fighting against climate change and promoting the climate negotiations.Ban also called on the parties to take action to achieve success in Cancun. He also added that he had held talks with some countries to persuade them to change their tunes.The Cancun talks, scheduled for Nov. 29 to Dec. 10, has attracted about 25,000 participants from governments, businesses, non-governmental organizations and research institutions in almost 200 countries.

BEIJING, Dec. 8 (Xinhua) -- "Building roads before building wealth," a widely known slogan in China, was cited by Lao Deputy Prime Minister Somsavat Lengsavad.Lengsavad was referring to a planned high speed railway for his country. As an inland country, Laos wants to counter its disadvantages of being land-locked by improving its transportation systems, Lengsavad said at the ongoing seventh World Congress on High Speed Rail in Beijing.In April, Laos reached an agreement with China to establish a joint venture that will construct a railway linking China's southwestern Yunnan province and the Lao capital of Vientiane. The project will be launched in 2011, with an estimated construction time of four years, Lengsavad said.Thailand, another country in Southeast Asia, is also partnering with China to improve its rail network.In October, Thailand approved a negotiation framework for a project for Thailand-China cooperation on high-speed rail. Under the framework, the two countries will cooperate to build five railways designed for speeds of 250 km per hour at a cost of 22.5 to 25.5 billion U.S. dollars.Regional traffic networks promote trade, investment as well as economic and social development, Thai Deputy Prime Minister Suthep Thuagsuban said at the conference.China's high-speed rail is welcomed by its neighboring developing countries, not only for its competitive cost performance ratio, but for the great impetus it gives to economic and social development.Some media even used "high-speed rail diplomacy" to describe the prosperity of China's construction of the rail network.On the other side of the Pacific Ocean, Chinese enterprises have begun to enter the U.S. market.General Electric Co. (GE) has announced the company and China's largest rail vehicle maker China South Locomotive & Rolling Stock Corporation Limited (CSR) will invest 50 million dollars in a U.S. based joint venture to make high-speed trains."It's very good they (GE) can find a world-class partner here in China to work with. I'm sure it will benefit both companies and both countries as a result," said Bill Millar, president of the American Public Transportation Association.Since 2003, China has signed agreements or memoranda of understanding for bilateral cooperation on rail with more than 30 countries, including the United States, Russia, Brazil, Saudi Arabia, Turkey, Poland and India.In a post-crisis era, developing the low-carbon economy and seeking sustainable development has pushed for a third global wave of high-speed railway construction.Under this circumstance, China's high-speed rail network has been developing quickly over the past years with a combined length totaling 7,531 kilometers, the world's longest.During a latest test run on the Beijing-Shanghai high-speed railway in December, a CRH-380A train set a new speed record of 486.1 km per hour.Chinese manufacturing sources said Tuesday China aimed to break the world high-speed rail record of 574.8 km per hour in a trial run next year.All these are the basis for China's high-speed rail industry to "go abroad" and conduct international cooperation.Chinese Vice Premier Zhang Dejiang said at the conference that China should open up wider to the outside world and enhance communication and cooperation with other countries in high-speed rail, while encouraging Chinese rail enterprises to "go abroad" and enhance friendship through cooperation.Jean-Pierre Loubinoux, general director of the International Union of Railways (UIC), said the great development of Chinese high-speed rail has demonstrated that only by learning from each other can all seek a better and faster development."The cooperation on high-speed rail enhances cooperation between nations, thus advancing the industry to a higher standard," said E. Grillo Pasquarelli, director of Inland Transport of the European Commission.

BEIJING, Nov. 12 (Xinhua) -- Vice Premier Li Keqiang has stressed that China will pay increasing attention to the improvement of its citizens' welfare as its economy becomes stronger.As China' s national strength improves and its economy grows, the country would pay increasing attention to safeguarding and improving people's standards of living, Li said in a speech delivered on Wednesday at the 2010 annual general meeting of the China Council for International Cooperation on Environment and Development.China would accelerate the speed of transforming its economic development pattern and pursue a low-cost and sustainable development path featuring low carbon emissions and seeking improved economic returns, according to the full text of Li's speech, which was released on Friday.Further, China will boost green development, embrace low-carbon development ideals and continue its efforts to save natural resources and protect the environment.He said China would promote development of emerging industries of strategic importance, hi-tech industries and modern service industries, conduct technological innovations on traditional industries and continue efforts in eliminating backward production capacities to maintain a sustainable development.Moreover, China will build more infrastructure in sewage treatment, build clean energy facilities, and concentrate on solving serious environmental problems that affect people's lives, Li said.Lastly, to address global climate change challenges, Li called on the international community to join hands under the principle of "common but differentiated responsibilities" and on the basis of the U.N. Framework Convention on Climate Change and the Kyoto Protocol.