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BEIJING, May 28 (Xinhua) -- Lending by Chinese banks may drop to 600 billion yuan (88 billion U.S. dollars) in May as the central government winds down its stimulus program and cools the property market to prevent the economy from overheating, the Shanghai Securities News reported Friday.A fall in bank lending in May is expected after the government introduced a raft of measures to curb the skyrocketing property market in April. The measures included a ban on lending for third home purchases and increased scrutiny of developers' financing, the report said.Lu Zhengwei, an economist at Industrial Bank, estimates Chinese banks' May lending will be 450 billion yuan to 650 billion yuan, compared with 774 billion yuan in April."China has asked banks to strictly control lending to industries with overcapacity and to stop lending to new projects not in the 4-trillion-yuan stimulus package. These will be major reasons for a drop off in May lending," he said.China's banks lent 3.37 trillion yuan in the first four months of the year, about 45 percent of the government's full-year 7.5-trillion-yuan lending target.The National Bureau of Statistics is due to release major economic data for May, including new bank lending, mid-June.

TASHKENT, April 24 (Xinhua) -- Uzbek President Islam Karimov and visiting Chinese State Councilor Meng Jianzhu both have pledged to deepen the mutually beneficial cooperation between their countries. Uzbekistan wishes to further deepen its mutuallu beneficial cooperation with China on politics, economy, trade and security, which will benefit the two countries and the two peoples, Karimov said Friday during a meeting with Meng.China-Uzbekistan relations developed smoothly in 2009, said Meng, who also attended the fifth session of the Shanghai Cooperation Organization (SCO) Security Council Secretaries in Tashkent.Leaders of the two countries have kept close contacts, which is a strong driving force for the development of bilateral ties, Meng said.The two countries have expanded their pragmatic cooperation in various fields and conducted effective cooperation on international and regional issues, he said.China values its traditional friendship with Uzbekistan and wishes to promote the friendly and cooperative partnership between the two countries. The partnership complies with the fundamental interests of the two countries and it is conducive to maintaining regional peace and stability, Meng said.During his visit, Meng also held talks with Uzbek Interior Minister Bahodir Matlubov and Chief of Security Rustam Inayatov.The two sides held an extensive and in-depth exchange of views on exchanges of law enforcement agencies and the promotion of law enforcement cooperation between the two countries.

BEIJING, May 21 (Xinhua) -- China's local governments should step up efforts to close 10 million kilowatts of outdated coal-fueled power station capacity this year, Chinese Vice Premier Li Keqiang said Friday.This year is crucial to completing the country's energy saving and emission reduction goals as set out in the Eleventh Five-Year Plan (from 2006 to 2010), Li said in a letter to a national work conference held in Beijing discussing the elimination of backward production capacity.Official figures show China's unit gross domestic product (GDP) energy consumption fell 14.38 percent during the first four years of the Eleventh Five-Year Plan. But efficiency has to improve if the nation is to meet the 20 percent target set for the five-year period."This move is conducive to optimizing the country's power structure, enhancing energy saving and reducing pollution," Li said.

BEIJING, April 8 (Xinhua) -- China expressed its concerns Thursday about a Chinese coal ship that ran aground off the eastern coast of Australia.Chinese Foreign Ministry spokesperson Jiang Yu told a regular press briefing China is paying close attention to the incident and has taken immediate action to deal with it.China is concerned an oil spill may pollute Australia's Great Barrier Reef, Jiang said, adding that the related shipping company and Australian authorities should enhance cooperation to appropriately address the issue.Jiang said China's embassy in Australia contacted local authorities and urged them to ensure the crew's safety.Australia has taken rescue measures in time, she said, noting that the body of the ship has been kept stable and the crew are safe.The Chinese-owned, 230m-long bulk coal carrier Shen Neng 1 ran aground about 70 km east of Great Keppel Island shortly after 05:00 p.m. local time on Saturday. About two tonnes of fuel oil have spilled, creating a slick about 3 km long and 100 meters wide.The vessel, carrying 950 tonnes of heavy fuel oil and 65,000 tonnes of coal, was bound for China.

BEIJING, June 3 (Xinhua) -- Revised regulations on internal management, discipline and formation regulation of the People's Liberation Army (PLA) are issued Thursday to further advance the army's development and modernization.Chinese President Hu Jintao, also Chairman of China's Central Military Commission, recently signed an order to promulgate and enforce the three regulations.Unlike the previous version, the revised regulation on internal management adopted provisions on psychological counselling to armymen and provisions on their use of mobile phones and the Internet.It also modified a wide range of provisions covering oath, dress and bearings, as well as confidentiality rules, security systems and financial management.The three revised regulations are to come into force from June 15 this year.