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BEIJING, Dec. 11 (Xinhua) -- China's urban fixed asset investment rose 24.9 percent in the first 11 months year on year to hit 21.07 trillion yuan (3.19 trillion U.S. dollars), China's statistics authority said Saturday.The growth rate was 0.5 percentage points higher than that during the first ten months, according to figures released by the National Bureau of Statistics (NBS).The urban investment in the primary, secondary and tertiary industries rose by 16.6 percent, 22.7 percent and 26.9 percent respectively.During the first 11 months, investment in central government projects rose 10.2 percent year on year to 1.68 trillion yuan, while investment in local government projects was up 26.4 percent to reach 19.39 trillion yuan, according to the NBS figures.Property development investment was up 36.5 percent year on year to reach 4.27 trillion yuan, the figures showed.During the same period, state-owned and state-controlled investment reached 8.75 trillion yuan, up 19 percent from a year earlier.Investment in railway constructions and transportation jumped 25.3 percent to 582.2 billion yuan, while investment in petroleum and gas exploration climbed 5.8 percent to 219.4 billion yuan for the first 11 months.

BEIJING, Nov. 22 (Xinhua) -- Chinese Ministry of Public Security said Monday that the nation's police authorities had shut down 500 underground banks since 2002 in its battle against money laundering.Ten crack-down campaigns have be waged since 2002 when the ministry set up a division dedicated to anti-money laundering, in which over 100 cases involving more than 200 billion yuan (30 billion U.S. dollars) have been handled, the ministry said in a statement.The ministry has trained more than 400 police officers specialized in handling money laundering cases over the past eight years, said the statement.In order to promote international cooperation, China joined the Moscow-based Eurasian Group on Combating Money Laundering and Financing of Terrorism as a founding member state inn October 2004.In June, 2007, China joined another international anti-money laundering organization, the Paris-based Financial Action Task Force on Anti-Money Laundering.

CANCUN, Mexico, Dec. 11 (Xinhua) -- The outcome of the UN climate change conference in Cancun sent "positive" signals to the international community, the Chinese delegation said Saturday.Conference delegates finally reached a deal to fight global warming early Saturday after an all-night session, overruling an objection from Bolivia."As for the outcome of this conference, first of all, it adheres to the (UN) Convention (on climate change), the Kyoto Protocol and the Bali Roadmap, as well as the principle of common but differentiated responsibilities, which ensures that next year's negotiation will continue along the two tracks decided by the Bali Roadmap," the Chinese delegation said in a statement."Second, progress has been made at different levels in the areas where developing countries have concerns, such as adaptation, technology transfer, finance and capacity building, and the negotiation process will move on, which sends positive signals to the international community," the delegation said.It said the conference failed to conclude the negotiation of the Bali Roadmap and this indicated next year's negotiation task would be "extremely difficult."The delegation expected all parties to display strong political will and conclude the negotiation on the second commitment period of the Kyoto Protocol at the next conference, to be held in Durban, South Africa. In particular, that conference should establish effective mechanisms for finance, technology transfer and adaptation to support developing countries' efforts in addressing climate change, successfully conclude the negotiation in accordance with the mandate of the Bali Roadmap and make a big step forward in the international cooperation in combating climate change.China would continue to make positive efforts towards this end, the delegation said.The delegation reaffirmed that the Chinese government would hold a highly responsible attitude toward the Chinese people and people in the world, and remain committed to promoting green, low-carbon and sustainable development as its contribution to combating climate change.The Chinese delegation also hailed the efforts of the Mexican government and its people during the negotiations and their hospitality. It also appreciated the positive role of the Secretariat of the U.N. Framework Convention on Climate Change.The two-week long talks in Cancun to set new targets and find new ways to combat climate change attracted 25,000 government officials, businessmen and researchers from over 190 countries.

JAKARTA, Nov. 9 (Xinhua) -- China and Indonesia on Tuesday pledged to step up legislative cooperation on top Chinese legislator's visit to the biggest Southeast Asian country."Thank to their crucial role in their own country's political life, the National People's Congress (NPC) of China and Regional Representative Council (RRC) of Indonesia should carry out friendly exchanges at all levels and increase experience sharing on ethnic and religious policy and seeking region's balanced development," Chairman of the NPC Standing Committee Wu Bangguo said in a meeting with RRC Speaker Irman Gusman Tuesday.Irman underscored RRC's commitment to developing sound ties with China, saying it would seek closer bonds with the NPC, promote experience sharing on economy, politics and people-to- people exchanges, draw on China's experience on balanced development.On broader China-Indonesia ties, Wu reviewed the smooth growth of bilateral ties, particularly since the two countries upgraded their relations to strategic partnership in 2005.Wu Bangguo (L), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with Irman Gusman, chairman of the House of Regional Representatives of Indonesia in Jakarta, Indonesia, Nov. 9, 2010.This is Wu's first visit to Indonesia, which coincided with the 60th anniversary of China-Indonesia diplomatic ties.As developing countries, China and Indonesia share common tasks of growing economy and improving livelihood, Wu said.Wu said China would like to work with Indonesia to deepen strategic cooperation, address challenges and usher in an new era of bilateral ties.Characterizing bilateral relations as "comprehensive and strategic partnership," Irman said Wu's visit to Indonesia was historic and would promote all-round substantive cooperation.During Wu's stay in Jakarta, China announced 10-million-yuan humanitarian aid in cash to Indonesia as earthquake, tsunami and volcanic eruptions wrecked serious havoc on the country.Later Tuesday, a grand reception was held in honor of top Chinese legislator. Around 1,000 Indonesia officials, business entrepreneurs and others attended the reception.In his brief address at the reception, Wu called on Indonesian people of all circles to contribute their wisdom and commitment to China-Indonesia friendly ties.Indonesia was the second leg of Wu's three-nation tour to Southeast Asia, which also included Cambodia and Thailand.Wu will leave Jakarta for Bangkok on Wednesday.