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BEIJING, Nov. 21 (Xinhua) -- The State Council, China's cabinet, announced Sunday a slew of measures to rein in rising commodity prices to ease the economic pressures on the people.Local governments and departments are required to boost agricultural production and stabilize supply of agricultural products and fertilizer while reducing the cost of agricultural products and ensuring coal, power, oil and gas supplies, the State Council said in a seven-page circular.The cabinet urged local departments to step up vegetable-planting efforts while stabilizing winter vegetable production and strengthening grain and edible-oil production field management to ward off supply shortages.To reduce delivery costs, road tolls for vehicles transporting fresh- and live-farm produce will be forbidden from Dec. 1, the circular said.The cabinet also ordered local authorities to continue to reduce the prices of power, gas and rail-transport for chemical-fertilizer producers while ensuring coal supplies for power generation companies and increasing production of oil -- especially diesel -- to guarantee sufficient supply.Local governments must temporarily disburse subsidies to needy people and increase allowances for poor students and student canteens, the circular added.Local authorities were ordered to establish coordinated social-security mechanisms that promise a gradual rise in basic pensions, unemployment insurance and minimum wages.Local departments were also ordered to adjust prices promptly and to impose temporary price controls on important daily necessities and production materials where necessary.Market monitoring will be intensified to clamp down on hoarding and speculation in major agricultural products, the circular added.Chinese decision makers have made price controls a top priority, as the consumer price index (CPI), the main gauge of inflation, rose to a 25-month high of 4.4 percent in the 12 months to the end of October. The hike was mainly due to a 10.1-percent surge in food prices. Food prices have a one-third weighting in China's CPI calculation.China has been moving to mop up excessive liquidity to combat inflation, with the latest move to target over-liquidity in the banking system.The People's Bank of China, or the central bank, said Friday it would raise capital reserve requirements by 50 basis points for all the banks of the country for the fifth time this year to control credit and liquidity.
BEIJING, Dec. 11 (Xinhua) -- A Russian oil painting exhibition was unveiled Saturday at the Cultural Palace of Nationalities in Beijing.On display are more than 200 oil paintings by 50 artists of the former Soviet Union and Russia. The China-Russia Friendship, Peace and Development Commission, the organizer, said the exhibition was held to boost bilateral cultural exchanges.Hua Jianmin (L Front), vice chairman of the Standing Committee of China's National People's Congress, visits a Russian oil painting exhibition in Beijing, capital of China, Dec. 11, 2010.About 100 guests, including Hua Jianmin, vice chairman of the Standing Committee of the National People's Congress, China's top legislative body, and Russian Ambassador to China Sergey Razov, attended the opening ceremony.The week-long exhibition is open to the public for free.

BEIJING, Dec. 7 (Xinhua) -- China said on Tuesday it would fulfill its obligations to the UN Convention Against Corruption.He Yong, deputy secretary of the Central Commission for Discipline Inspection (CCDI) of the Communist Party of China (CPC), made the remarks at a meeting.He said that China would give priority to fulfilling its binding obligations to the convention and improving its anti-corruption laws and regulations.He also stated that China would advance international cooperation on anti-corruption measures and learn the best international practices to advance China's anti-corruption efforts.The Tuesday meeting reviewed progress China made in fulfilling the UN Convention Against Corruption and outlined plans for the next stage in the battle.
BEIJING, Dec. 8 (Xinhua) -- China reiterated its commitment to support Sudan's peace process, stressing that peace, stability and development of the country were of pivotal importance."The involved parties should resolve disputes through dialogue and consultation and work together to promote a smooth referendum in southern Sudan," Chinese Foreign Minister Yang Jiechi was quoted as saying in a press release issued by the Chinese Foreign Ministry here Wednesday.Yang's remarks came during the talks with his visiting Sudanese counterpart Ahmed Ali Karti. He also voiced the call for the referendum to be conducted in a "fair, free and transparent" way to reflect the true aspirations and choice of the Sudanese people.Chinese Foreign Minister Yang Jiechi (R) meets with his Sudanese counterpart Ali Karti in Beijing, China, Dec. 8, 2010.Restoring the peace between the north and south of Sudan and promoting their joint development serves the fundamental interests of the two sides and would also contribute to peace and stability of the region, Yang noted.A referendum on self-determination for southern Sudan is scheduled to be conducted on Jan. 9, 2011, as it was stipulated in the Comprehensive Peace Agreement (CPA) inked between north and south Sudan in 2005, which ended a two-decade civil war between the two sides.Karti said Sudan highly values its friendly and cooperative ties with China in various fields, pledging that the Sudanese government would adhere to its commitment to promote peace and national reconciliation and implement the CPA by substantial and effective approaches.As Yang's guest, Karti arrived in Beijing on Wednesday. It is his second official trip to China within three months since becoming foreign minister. The previous visit took place on Sept. 14 this year.
GUANGZHOU, Dec. 12 (Xinhua) -- Chinese Vice Premier Li Keqiang on Sunday met with foreign leaders and international sports organization officials who were in Guangzhou to attend the opening ceremony of the Asian Para Games.Among the foreign guests Li met were Philip Craven, president of the International Paralympic Committee, Datuk Zainal Abu Zarin, president of the Asian Paralympic Committee, and Jejomar Binay, vice president of the Philippines.Li extended warm welcome to them and spoke highly of their contribution to the Guangzhou Asian Para Games and the cause for people with disabilities.Chinese Vice Premier Li Keqiang (R) meets with the International Paralympic Committee President Philip Craven in Guangzhou, south China's Guangdong Province, on Dec. 12, 2010. The opening ceremony of the 2010 Asian Para Games was held in Guangzhou Sunday.He also said the Chinese government would further support the cause for people with disabilities to create more favorable conditions for them to integrate into society.Li declared the opening of the games Sunday evening at the Olympics Stadium of Guangzhou, capital city of south China's Guangdong Province.The Asian Para Games will last for a week.
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