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BEIJING, March 1 (Xinhua) -- Chinese government has decided to offer emergency humanitarian aid of 1 millon U.S. dollars to Chile to help relief work in areas hit by Saturday's earthquake, Yao Jian, spokesman of the Ministry of Commerce said Monday.China was preparing for disaster relief work and would continue to provide humanitarian aid to Chile according to need, said Yao.A massive 8.8-magnitude quake rocked Chile early Saturday, leaving at least 708 people dead and hundreds missing.
BEIJING, Feb. 4 (Xinhua) -- Chinese Vice Premier Hui Liangyu said Thursday that the civilians and army should develop favorable interactions to secure both economic and defense development.The government will mobilize various social resources to support the modernization of and various military demands of the army, said Hui at a meeting here.It will also work to better protect the legal rights and interests of servicemen and their families, he said.Hui also hoped the armed forces could contribute to the development and stability of the Chinese society.To develop close army-civilian relations, the government and armed forces should work together to solve problems that common people and soldiers care most and well settle the disputes between the army and localities, so as to well safeguard the fundamental interests of the army and civilians, he said.
BEIJING, March 5 (Xinhua) -- Chinese President Hu Jintao on Friday called for efforts toward balanced, coordinated and sustainable development in the transformation of its economic growth pattern.Hu made the remarks when joining a panel discussion on Premier Wen Jiabao's government work report with deputies to the National People's Congress, the top legislature, from the eastern province of Jiangsu.Hu said efforts should be made to cultivate new pillar industries and industries with features and advantages, and achieve the coordinated development of the first, second and third industries.Chinese President Hu Jintao (C) talks with deputies to the Third Session of the 11th National People's Congress (NPC) from east China's Jiangsu Province, in Beijing, capital of China, March 5, 2010. Hu Jintao joined in the panel discussion of Jiangsu delegation in deliberating the government work report by Premier Wen Jiabao on the opening day of the Third Session of the 11th NPC.The country needed to develop more core and key technologies to support its transformation of the economic growth pattern and the economic restructuring, he told the lawmakers.He called for the establishment of a market-oriented technological innovation system, in which enterprises play the leading role and which combines the efforts of enterprises, learning and research institutes.He said higher education and research institutes should play a more important role in scientific and technological innovation.The President also stressed the coordination of industrialization, urbanization, and agricultural modernization, so that the agricultural sector could be boosted by the industrial sector, while the rural areas could benefit from the urban regions.He said authorities should facilitate balanced allocation of public resources and the free flow of production factors between urban and rural areas.Hu pointed out that China was currently facing both opportunities and challenges at the same time, but the opportunities outweighed challenges.He urged officials in the Jiangsu Province to push forward independent innovation, promote urban-rural integration of economic and social development, and deepen the reform and opening-up drive.
BEIJING, Jan. 27 (Xinhua) -- China's banking regulator asked lenders to keep credit growth at reasonable pace in 2010 and vowed to tighten supervision on property loans amid increasing risk of asset bubbles."Banks should reasonably control new loans, better manage the pace and try to achieve balanced issuance and steady growth of credit quarter by quarter, " Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC) at a meeting on Tuesday.Despite regulator's repeated warnings on risks hidden from the record 9.6 trillion yuan of new loans last year, banks rushed to lend more than 1 trillion yuan in the first month of this year in fear of the expected tighter loan policy in 2010 after the credit binge last year as media reported.An official with the Industrial and Commercial Bank of China told Xinhua the credit growth in the first ten days of January was a little bit fast, and turned smooth in the last days of the month.According to the statement posted on CBRC's Web site on Wednesday, Liu said the regulator will pay special attention to the changes in the property market, strictly enforce relevant policy, and beef up the "window guidance" over credit to the real estate sector.But he restated banks should continue to support first-time home buyers.Liu also told banks to continue lending to fund rural development, small business, consumer spending and environmental protection.He said banks should keep adequate capital and heed of resurgence of bad loans.
VLADIVOSTOK, Russia, March 20 (Xinhua) -- China and Russia pledged here Saturday to further interregional cooperation with each other and signed a series of cooperation deals.Governor of Russia's Primorsky Territory Sergey Mikhaylovich Darkin and visiting Chinese Vice-President Xi Jinping met here and exchanged views on the development of bilateral ties and cooperation between neighboring regions of the two countries. Chinese Vice President Xi Jinping (R, front) shakes hands with Sergei Darkin, governor of Russia's Primorsky region, in Vladivostok, Russia, March 20, 2010Xi told Darkin making the Primorsky Territory the first leg of his Russian tour was to boost the interregional cooperation between China and Russia to a wider and deeper level, as agreed by leaders of both sides.Conditions were already mature for the development of interregional cooperation between the two countries, Xi said. Chinese Vice President Xi Jinping (3rd R, front) meets with Sergei Darkin (3rd L, front), governor of Russia's Primorsky region in Vladivostok, Russia, March 20, 2010While the settlement of border issues and the approval of a cooperation plan outline had laid a political and legal basis for cooperation, the strong will of working hand in hand by the government and enterprises on both sides was also making it possible, the Chinese leader said.Xi said, as both economies were developing quickly, he hoped China and Russia could seize the opportunity to obtain early achievements through interregional cooperation, and to realize the upgrading of the strategy for such cooperation to bring benefits to people living in the bordering areas.Darkin said the Primorsky Territory, as China's closest neighbour, had achieved in recent years closer trade and economic ties with China's northeast border region.The governor said Chinese companies were welcome to invest in the Primorsky Territory and to see it as a bridge for their products to reach Europe.He also expected both sides to further cooperation in such areas as agriculture, energy, finance and service industries.Later in the day, China and Russia signed 15 cooperation documents totalling 1.6 billion U.S. dollars covering economic, technological, energy and infrastructure cooperation.The agreements were signed after Xi held a meeting on strengthening China-Russia interregional cooperation, known as the symposium on China-Russia Ussuriysk economic and trade cooperation area.At the meeting, Xi heard reports given by top leaders from the Chinese Ministry of Commerce, China's Heilongjiang Province and Wenzhou City and Chinese enterprises.Xi said Russia's Far East area and China's northern frontier provinces were important trading partners and should enhance bilateral cooperation.This would not only promote economic and social development and improve the livelihoods of people in the neighboring regions, but also inject powerful energy into the development of the bilateral strategic cooperative partnership between the two countries, he said.Xi arrived in Vladivostok on Saturday for a five-day official visit to Russia. He will later travel to Belarus, Finland and Sweden.