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BEIJING, Oct. 27 (Xinhua) -- China will stick to the strategy of expanding domestic demand, consumption in particular, and seek a new phase of economic growth boosted by consumption, investment and exports, according to an official document released Wednesday.The document, the Communist Party of China (CPC) Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015), was adopted at the Fifth Plenum of the 17th CPC Central Committee, which concluded nine days ago.Macro-economic controls would be boosted, according to the document.A key task in the 12th Five-Year Plan would be to consolidate and expand achievements in fighting the global economic downturn. China would seek a balance between stable and relatively fast economic growth, restructuring and inflation expectation management.Consistency and stability of the macro-economic policies would be maintained, while improving their flexibility, scientific properties and foresight to guard against potential risks and avoid drastic economic fluctuations.Short and long-term macro-economic controls would be combined, while policies were coordinated to ensure stable and relatively fast economic growth.A long-term mechanism would be built to boost consumption demand.Consumption would be highlighted in expanding domestic demand to release urban and rural consumption potential and allow China to ascend to the top-ranking markets in the world, said the document.

BEIJING, Nov. 1 (Xinhua) -- China began its sixth nationwide population census at midnight Monday to document the demographic changes in the world's most populous country and form basis for policy making.More than 6 million census workers are to knock on the doors of about 400 million households across the country in the following 10 days. Results of the 8-billion-yuan census will be released by the end of next April.WHEN MIDNIGHT CAMEWhen it came to midnight on Monday and the census was officially begun, 28-year-old Wang Yi in Jinan, capital of east China's Shandong, began knocking on a door in an apartment building.A young man with a drowsy look opened the door.Wang, after showing his certificate as a census worker, explained why he had to disturb him at midnight. In the preliminary poll conducted to prepare for the census, Wang and his colleagues could not find him. Neither did the young man respond to the notice that census takers left at his door.The man, who had missed the poll due to business elsewhere, appeared to be very cooperative and quickly fill out the questionnaire which had questions about name, age, job and housing condition.In Zhejiang, a east China province with active private economy, census takers are visiting migrant workers at night.In dim light on a square of Huzhou City, Zhejiang, 16 martial arts performers from Henan living in their vans were interviewed.After the interviews, each of the 16 migrants received a card proving that they had been surveyed so that they would not be counted twice.DIFFERENCE THIS TIMEDifferent from previous census, the floating population this year was registered at where they actually live, rather than where their permanent residence is as written on their ID cards.Also, for the first time people from Hong Kong, Macao and Taiwan, as well as foreigners in the Chinese mainland, are included in the census. But those on short-term business or sight-seeing trips will not be covered.The census will collect data on foreigner's name, age, gender, nationality, educational attainment, purpose and duration of stay. Questionnaires for foreigners are simpler than those for Chinese.Ma Li, director of the Research Center for Chinese Population and Development, said the changes were necessary."To register according to where the floating population are could help us avoid mistakes like registering a person twice," she said.Driven by the fast-paced social and economical development, China's floating population is growing at a rate of 1.24 percent per year and China is now home to some 230 million migrant workers. To register them in the census is very difficult, Ma added.Jiang Xiangqun, a professor with the School of Sociology and Population Studies, Renmin University, noted that some new questions were added to the census form this year, such as health condition, housing condition and social insurance."The population of seniors is growing," he said. "Such question will help the government make policies to provide for the aged."HARD BUT HELPFULAs Chinese people's awareness of privacy grows, census takers are facing difficulty in getting the information they need.Wang Xin was a census taker in Shenyang, capital of northeast China's Liaoning Province."In front of our compound there was a lady in her 40s selling pickles," she recalled. "During the preliminary poll, she refused to tell us her phone number."Wang and her colleagues took turns buying pickles from the lady, who finally told them her phone number.Wang's fellow worker, 58-year-old Zhu Rongquan, noted that in some compounds the real estate companies were not very cooperative. "In one compound the real estate company even warned us not to disturb the residents."Zhu had to wait outside in the cold wind, approaching the residents before they entered the building gate."Some residents were sympathetic, asking us to go in and gave us a cup of hot water," he said gratefully.During the door-to-door visit, census takers could encounter various problems.Wang Bin, a 38-year-old worker from Shijiazhuang City of Hebei, could not find a man registered as being born in 1919. After asking many people she learned that the man had died."I have had more than 40 such cases: someone was registered as alive but actually was dead," she said.China conducted its first nationwide population census in 1953. Since 1990 it has conducted the census every ten years. In the last census, China's population stood at 1.295 billion. (Xinhua reporter Wang Ying from Liaoning, Xiao Sisi from Guangdong, Yin Lijuan from Beijing, Ren Liying from Hebei and Liu Baosen from Shandong contributed to the report)

WASHINGTON, Oct. 10 (Xinhua) -- China would continue reform of the formation mechanism of its currency exchange rate to improve its flexibility, but will do so in a gradual way, Zhou Xiaochuan, Governor of the People's Bank of China, China's central bank, said here on Sunday.Westerners prefer Western medication method that is quick but drastic, while Chinese people prefer traditional Chinese medication that is slower and giving time for different herbs to take effect. A steep rise of Chinese currency yuan would cause harms, Zhou told a group of bankers and reporters during a luncheon speech at the 2010 annual membership meeting of the Institute of International Finance (IIF).Governor of the People's Bank of China (PBOC) Zhou Xiaochuan hosts a press briefing during the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., capital of the United States, Oct. 8, 2010. To manage Chinese currency issue is a "complicated art," as you have to take into consideration domestic inflation, unemployment rate, gross domestic product (GDP) growth, balance of payments and other factors, he added.IIF, which represents over 420 world leading financial institutions headquartered in more than 70 countries, host its annual membership meeting in Washington D.C. between Oct. 8 and 10, when the International Monetary Fund and World Bank host their annual meetings in the same time.

BRUSSELS, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday urged European political and business leaders not to join the "chorus" on pressuring China on the appreciation of the Renminbi, or RMB.China's trade surplus was explained by the specific structures of the economies involved in international trade instead of the exchange rate of the RMB, Wen said at the Sixth China-EU Business Summit here."The (past) appreciations of the RMB did not lead to any changes in the trend (of China recording trade surplus)," Wen said, referring to the fact that China continued to record trade surpluses after it initiated an exchange rate reform in 1994 although the RMB has appreciated by an accumulated 55 percent since then. Chinese Premier Wen Jiabao addresses the 6th China-European Union Business Summit in Brussels, capital of Belgium, Oct. 6, 2010.China also continued to record trade surpluses against the United States after it initiated a second exchange rate reform in 2005 to allow the RMB to appreciate 22 percent against the U.S. dollar since then, Wen said."The trade issue should not be politicized. It is an issue of the (trade) structure," the premier said.Chinese enterprises were still mostly at the lower end of the global industry chain. China has a surplus in commodity trade but deficits in the trade of services. It has surpluses against the United States and the European Union but deficits against South Korea, Japan and the Association of Southeast Asian Nations (ASEAN), Wen said.

BEIJING, Oct. 8 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), jumped 181 basis points, or 0.27 percent, Friday to a new record high at 6.6830 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Friday's central parity rate beat the previous record of 6.6936 on Sept. 29.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Friday's central parity, the Chinese currency has strengthened against the U.S. dollar by 2.12 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 9.2951 Friday, higher from 9.1329 on Sept. 30, the last trading day.The yuan's rate against 100 yen was 8.1040 Friday, compared with 7.9999 on Sept. 30.The Chinese currency fell 61 basis points against the British pound with the central parity rate being set at 10.6079 from 10.6018 on the previous trading day.The central parity of RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.