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BEIJING, Oct. 15 (Xinhua) -- Property prices in 70 major Chinese cities rose 9.1 percent year on year in September, the slowest growth rate this year, the National Bureau of Statistics (NBS) said Friday.The rate was down 0.2 percentage points from the 9.3-percent growth rate in August, a statement on the NBS website said.On a month-on-month basis, prices rose 0.5 percent in September.New home prices climbed 11.3 percent year on year in September, also up 0.5 percent from August.Prices for second-hand homes rose 6.2 percent from a year earlier and 0.5 percent on a month-on-month basis.Real estate investment continued to expand in the first three quarters, with the total standing at 3.4 trillion yuan (511.4 billion U.S. dollars), up 36.4 percent from the same period in 2009, the statement said.The property price growth rate peaked this year at 12.8 percent in April.To curb excessive rises in housing prices, the central government introduced a raft of policies in April, including higher down payments and an end to mortgage discounts.It also encouraged local governments to build more affordable housing to increase the supply of housing for low-income people.On Sept. 29, the government announced further measures to check the continuous rise in property prices, including by banning loans for third home purchases and instituting a 50 percent down payment requirement for second-home purchases and a 30 percent down payment for all first-home purchases.Xue Jianxiong, an analyst with the China Real Estate Information Corporation (CRIC), said the overheated property market will likely cool in the next few months.These government's moves will cause transaction volumes to tumble and ease price-increase expectations, Xue added.

BRUSSELS, Oct. 5 (Xinhua) -- Premier Wen Jiabao reaffirmed Chinese positions and perspectives on issues such as strengthening global financial and economic regulation and promoting sustainable development at the eighth Asia-Europe Meeting (ASEM) held here on Monday and Tuesday.Wen said currently the world economy sees slow recovery but still faces great uncertainty.All countries should continue to prioritize consolidating the momentum of the economic recovery and maintain proper macroeconomic policies. They should also take prudent and sound approach to decide when and how fast they should apply the exit policy, Wen said.The ASEM members should enhance cooperation to strengthen global financial and economic regulation, tackle the root cause of the international financial and economic crisis and promote the vigorous, sustainable and balanced growth of the world economy.China will continue to support the European countries beset with the sovereign debt crisis and help them overcome the difficulties, the premier said.Wen said the Chinese government has always paid great attention to the global warming issue.Under the extremely difficult circumstances of the global financial crisis, the Chinese government is still working hard and this year China is expected to fulfill the basic target of reducing energy consumption per unit of gross domestic product, he said.China is willing to continue to provide support in its capacity for other developing countries on fighting global warming within the frameworks of South-South cooperation and bilateral cooperation, he said.Beijing will, as always, play a positive and constructive role to work together with other countries for comprehensive, balanced and binding results at a major conference on climate change scheduled for later this year in Cancun, Mexico, Wen said.The premier said currently global issues such as energy and food security, natural disaster, terrorism and piracy pose a serious threat to the economic development and social stability in Asia and Europe.Countries should join hands to tackle food security, a pressing task that needed to be solved as a top priority, Wen said.Therefore, Wen said, countries should make every effort to raise grain production, which was the key to solving food security, strengthen agricultural policy coordination, consistently improve agricultural products trade environment, actively push forward exchange and cooperation in agricultural science and technology, try hard to boost the capability in preventing and fighting natural disasters and enhance food assistance to developing countries that suffer from food shortage.
BEIJING, Oct. 31 (Xinhua) -- China has sent a strong signal that it would boost regional peace, stability and development in the spirit of cooperation and unity at the fifth East Asia Summit, said Qin Yaqing, deputy director of the Chinese Foreign Affairs University, in an exclusive interview with Xinhua here on Sunday."The most impressive part of Chinese Premier Wen Jiabao's attending the series of summits is the increasing number of bilateral diplomatic dialogues, all of which are quite significant, such as his meeting with Indian and Vietnamese leaders," Qin saidQin notedd, while meeting with Indian Prime Minister Manmohan Singh, Wen told his counterpart the world is large enough for both China and India to develop. His words carried a lot of weight and proved to the world that there was no fundamental conflict of interests for China and India to grow and prosper at the same time.Additionally, while meeting with General-Secretary of the Central Committee of the Vietnamese Communist Party Nong Duc Manh and Prime Minister Nguyen Tan Dung, Wen called for proper handling of the South China Sea issue.He suggested the two sides draw experiences from the successful demarcation of their land boarder and solve the disputes on the South China Sea issue through negotiations.Qin said Wen's talks with Vietnamese leaders reaffirmed China's position on solving the issue through dialogue and consultation without resorting to the threat of force, which was intended to have a demonstrative effect to other countries concerned.In his remarks between China and the Association of Southeast Asian Nations (ASEAN) at the 13th summit, Premier Wen also said cooperation between China and the ASEAN nations is "most pragmatic, most extensive and most fruitful."Commenting on Wen's words, Qin said links between China and the ASEAN nations have seen a rather fast-paced development, especially in economy and trade, which is seen as quite extraordinary."It is unthinkable that the trade volume could rise from several billion U.S. dollars in 1991 to over 200 billion this year in such a short time. And this kind of pragmatic cooperation has lifted the Eastern Asian economies out of the shadow of the financial crisis," he added.China and the ASEAN countries established "a strategic partnership for peace and prosperity" in 2003, and the two sides also inaugurated their free trade zone early this year.The establishment of the free trade zone has helped to boost trade relations between the two sides.According to the official Chinese data, the first nine months of this year has brought the total bilateral trade volume to 211.31 billion U.S. dollars, a 43.7 percent spike compared to the same period last year.Qin also said China has generated trade deficits with the ASEAN nations in recent years, which has displayed China's principle of "taking less and giving more."In Qin's mind, these achievements have not only dispelled the concerns of certain ASEAN nations, but also benefited their development.
BEIJING, Oct. 21 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Thursday ordered centrally-administered state-owned enterprises (SOEs) to achieve greater development over the next five years.Zhang also required the SOEs to boost efforts to reform while optimizing industrial structures and reinforcing management.He made the remarks during an inspection tour of the China Electronics Technology Group Co., one of the nation's 122 centrally-administered SOEs.Zhang said the centrally-administered SOEs, as the backbone of China's economy, should focus on increasing their competitive edge while developing hi-tech industries and nurturing their own brands with independent intellectual property rights.During the January-to-September period, the combined net profit of China's centrally-administered SOEs totalled 641.65 billion yuan (96.6 billion U.S. dollars), up 55 percent year on year.
来源:资阳报