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BEIJING, May 7 (Xinhua) -- China's recent measures to cool the red-hot property market had curbed excessive home price rises in some cities, a senior government official said Friday during an online discussion with Chinese netizens.Qi Ji, vice minister of housing and urban-rural development, said the reaction to the tightening measures was positive -- after local governments implemented the measures in line with the central government's policy.In April, the Chinese government introduced a raft of tough measures to rein in soaring home prices which grew a record 11.7 percent from a year earlier in March.The measures included more restrictive down-payment requirements, higher loan rates, a ban on lending for third home purchases and tighter scrutiny of developers' financing.He said rapid price growth in some cities was mainly because of a shortage of supply as well as "unreasonable demand.""If not curbed, the excessive gains in prices could spread to more regions, affecting people's living standards and threatening financial safety and even social stability," he added.He said the government would increase crackdowns on illegal practices by property developers, including hoarding of land and delaying sales to exaggerate profits.The government would also strengthen checks on developers' land purchases and fund-raising, he said.He said that the government would seek to increase supply of low-income housing and that a plan regarding construction of such housing for the period to 2012 would be unveiled before the end of July this year, he said.
BEIJING, April 14 (Xinhua) -- The Chinese government has allocated 200 million yuan (29.3 million U.S. dollars) from the central fiscal for disaster relief in quake-hit Qinghai Province, the Ministry of Finance said late Wednesday.The fund was to support relief efforts including evacuation, resettlement, medical treatment and epidemic prevention.A 7.1-magnitude quake hit the Tibetan Autonomous Prefecture of Yushu in Qinghai early Wednesday morning, leaving at least 400 people dead and 10,000 others injured.

GUANGZHOU, April 18 (Xinhua) -- A research report of China's foreign trade sector Sunday predicted the world's largest exporter would more than double its foreign trade volume by 2020.It also called on China to improve the quality of foreign trade sector and to lower import tariffs to promote the nation's trade balance.The report, launched by the Ministry of Commerce (MOC) Sunday at the ongoing 107th China Import and Export Fair, the country's largest trade fair held in the southern city of Guangzhou, predicted the China's foreign trade volume would hit 5.3 trillion U.S. dollars by 2020.Merchandise exports will top other countries and be 2.4 trillion U.S. dollars in 2020, 10.1 percent of the world total, while imports will reach 1.9 trillion U.S. dollars and rank second largest, accounting for 8.2 percent of the world total, according to the report, jointly compiled by researchers with think-tanks under the MOC, the Ministry of Finance, and the Chinese Academy of Social Sciences.The report was seen by analysts and officials as a "road map" which lays out a theoretical basis for the reforms in China's trade policies and mechanisms over the next decade.The transformation of the foreign trade growth pattern has become an urgent requirement for China in the post-crisis era, said Vice Minister of Commerce Zhong Shan.Weighed on by the global downturn, China's foreign trade contracted to a three-decade low in 2009, with total volume down 13.9 percent year on year to 2.2 trillion U.S. dollars.Huo Jianguo, director of the Chinese Academy of International Trade and Economic Cooperation (CAITEC) under the MOC, said the financial crisis has revealed a series of substantial problems hidden behind rosy figures, as the nation's foreign trade has been expanded in an ineffective and imbalanced way, or at the cost of environment pollution.Analysts said the downturn had prompted China to adjust its exports structure, and shift focus on high-end manufacturing, energy-saving and environment-friendly industries and developing modern service industries.Li Gang, a research fellow with the CAITEC and leading writer of the report, said the global downturn has phased out a number of backward and less competitive enterprises while offering great opportunities for innovative enterprises to improve growth structure and strengthen their anti-risk capabilities.Although China reported a a deficit of 7.24 billion U.S. dollars in March, the first time over the past six years, analysts suggested decision makers to further expand imports by lowering tariffs, as a way to ease the nation's trade imbalance.Zhang Peng, a researcher with the Chinese Academy of Social Sciences, said China should increase imports of high-tech equipments, energy and resource products, and some agriculture and consumption goods in an attempt to address the trade imbalance.The nation's trade surplus has reached 1.3 trillion U.S. dollars over the last three decades, with foreign exchange reserves hitting 2.45 trillion U.S. dollars by the end of March, according to Zhang.Propping up world's economy recovery, China's foreign trade began to grow again in the first quarter, jumping 44.1 percent to 617.85 billion U.S. dollars, according to customs data.China would consolidate its position as a big trade power and make efforts to develop into a strong trader, and it would play a more active role in international trade arena, according to Zhong Shan.
YUSHU, Qinghai, April 24 (Xinhua) -- The death toll from a 7.1-magnitude earthquake in northwest China's Qinghai Province on April 14 has climbed to 2,192, the rescue headquarters said late Friday.As of 5 p.m. Friday, 78 people were still missing, the headquarters said.Qinghai has received more than 722 million yuan (105.7 million U.S. dollars) in donation as of Friday, according to the provincial department of civil affairs.This includes 328 million yuan in cash and 394 million yuan worth of supplies, the department said.It said 1,363 tonnes of food, 87,476 boxes of bottled water, 27,842 tents and 130,876 quilts have been delivered to the quake-hit Yushu Tibetan Autonomous Prefecture.A television charity show broadcast nationwide by China Central Television Tuesday evening alone raised 2.175 billion yuan (320 million U.S. dollars) to help quake victims of last week's earthquake.
MOSCOW, June 4 (Xinhua) -- The sixth Women's Culture Week as well as the fourth Women Forum between China and Russia kicked off here on Friday.Speaker of the Russian Federal Council, or the upper house of the parliament, Sergei Mironov extended his warm welcome to the inauguration of the event themed "Women and Economy."Calling the strategic partnership of cooperation with China one of the top priorities for Russia in its foreign affairs, Mironov said the long-time collaboration between Russian and Chinese women has made great contribution to the deepening of mutual friendship and understanding.Chen Zhili (4th L), vice chairwoman of the Standing Committee of the National People's Congress, China's top legislature, and also chairwoman of the All-China Women's Federation (ACWF), poses for photos with Svetlana Orlova (5th L), vice chairwoman of Russia's Federation Council, Li Hui (3rd R), Chinese ambassador to Russia, and delegates of the sixth China-Russia Women's Culture Week and the fourth forum between Chinese and Russian women, in Moscow, capital of Russia, June 4, 2010. The sixth China-Russia Women's Culture Week and the fourth forum between Chinese and Russian women kicked off here on Friday.At present, the Russian government and people pay more attention to gender equality and the protection of women rights, said Mironov.Vice Chairwoman of the Standing Committee of China's National People's Congress (NPC) Chen Zhili said China and Russia have conducted multi-layer, multi-sector and multi-faceted cooperation, as bilateral relations are on a fast track of comprehensive and profound development.
来源:资阳报