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BEIJING, Jan. 21 (Xinhua) -- China's yuan-denominated individual home mortgage lending rose 1.4 trillion yuan (204.98 billion U.S. dollars) in 2009, up 47.9 percent from the previous year, said a report issued by the People's Bank of China, the central bank, on Wednesday.The growth rate was 37.4 percentage points higher than the previous year, said the report on China's investment flow in 2009.Meanwhile, the yuan-denominated property development lending gained 576.4 billion yuan in 2009, up 30.7 percent year on year, and the growth rate was 20.4 percentage points more than the previous year, the report said.The total mid-term and long-term loans in foreign and domestic currency expanded 7.1 trillion yuan in 2009, up 43.5 percent from the previous year, and the growth rate was 23.4 percentage points more than the previous year.The short-term loans in foreign and domestic currency expanded 2.3 trillion yuan, up 758.5 billion yuan from the same period last year.Industrial mid-term and long-term loans in foreign and domestic currency added 1 trillion yuan among China's major financial institutions, up 26 percent from the previous year.Infrastructure mid-term and long-term loans in foreign and domestic currency expanded 2.5 trillion yuan, up 43 percent from the same period last year, according to the report.The central bank said on Jan. 15 that China's new yuan-denominated lending in 2009 hit a record 9.59 trillion yuan (1.4 trillion U.S. dollars), almost double that of the previous year.

BERN, Switzerland, Jan. 26 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang met Swiss President Doris Leuthard here on Tuesday and both sides voiced their opposition against trade protectionism amid the ongoing global financial crisis.Li, who arrived in Switzerland on Monday for a four-day visit, said the creation of a free trade area between the two countries is under discussion and serves as a concrete action for both sides to combat trade protectionism."Both sides should push the feasibility study on a free trade area forward, and be well prepared to start negotiations in 2010," Li said.Chinese Vice Premier Li Keqiang(4th L) attends the joint press conference with President of the Swiss Confederation Doris Leuthard(4th R) in Bern, capital of Switzerland, on Jan. 26, 2010. Li Keqiang arrived in Zurich on Monday, kicking off his formal visit to SwitzerlandThe creation of the free trade area is of great significance to bilateral ties and will be conducive to further promotion of bilateral trade and investment cooperation, the Chinese leader said.He noted that the year 2010 marks the 60th anniversary of the establishment of diplomatic ties between the two countries, saying Switzerland was one of the earliest West European countries that recognized the People's Republic of China.Chinese Vice Premier Li Keqiang(R) shakes hands with President of the Swiss Confederation Doris Leuthard before their meeting in Bern, capital of Switzerland, on Jan. 26, 2010. Bilateral ties have been developing in an all-round way since the two sides established diplomatic relations 60 years ago, Li said.He said China attaches great importance to its ties with Switzerland and is ready to join hands with the European country to seek a long-term, healthy and stable development of bilateral ties."We should stick to the principle of sincerity, mutual trust and friendly consultation, and seek common ground while reserving differences, in order to cement the political basis of bilateral ties," Li said.For her part, Leuthard said Switzerland opposes any form of trade protectionism and expects more Chinese companies to invest in the country, as well as more cooperation between the two countries in such fields as technology and finance.Switzerland treats the Switzerland-China ties from a long-term perspective and highly values its cooperation with China, she said.She hoped that both sides could step up efforts on the feasibility study on a free trade area so as to draw a good result to open a new chapter of bilateral economic and trade ties.Leuthard said she will visit China this year and attend the 2010 Shanghai World Expo.The Swiss leader also reaffirmed that her country will firmly stick to the one-China policy.During his stay, Li will also address the annual meeting of the World Economic Forum (WEF) in Davos on Thursday and hold talks with WEF President Klaus Shwab. 

HONG KONG, Feb. 15 (Xinhua) -- Over 20,000 people gathered on both sides of Hong Kong's Victoria Harbor to watch a 23-minute firework show Monday evening, as the city is unwrapping various festive activities to celebrate the year of the Tiger.The show began at 8 pm local time (1200 GMT) despite heavy fog and light showers.Spectators cheered and shouted as the Arabic number "eight" appeared in the sky, followed by patterns resembling fish. Fireworks designers explained that the number eight shares the same pronunciation with the word "Fa" which means striking gold while the word "fish" sounds the same with "surplus" in Cantonese.For Hong Kong residents who tend to believe that lucky signs and lucky-sounding words do actually bring in luck, they are delighted at the show, which also include patters similar to the shape of the Chinese traditional gold ingot and red Chinese character "Ji" which means auspiciousness.The Lunar New Year firework show has become an annual event since it lit up the sky above the Victoria Harbor for the first time during the Lunar New Year in 1982.Sponsors of the event said this year's extravaganza costs more that 3 million HK dollars (about 400,000 U.S. dollars ), but they insist the expenditure worthwhile as it brings laughter and joy to Hong Kong citizens at the begining of a new year.

BEIJING, Feb. 27 (Xinhua) -- Chinese Premier Wen Jiabao is scheduled to chat with Internet users at 3 p.m. (Beijing Time) Saturday at two state news portals.The two major portals, www.gov.cn, of the central government, and www.xinhuanet.com, of the Xinhua News Agency, will jointly interview Premier Wen, a Standing Committee member of the Political Bureau of the Communist Party of China Central Committee.Netizens in China and abroad are invited to raise questions to Wen via the Development Forum (http://forum.xinhuanet.com), and the premier is expected to answer some of these questions.The on-line chat will be shown live in texts, pictures and videos at the two portals.