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BEIJING, Jan. 7 -- China's central bank Wednesday said it will manage inflation expectations and keep a close watch on the property market through its credit and money supply policies.     In a statement on its website, the People's Bank of China (PBOC) said it would try to maintain ample liquidity in the financial system, and ask banks to lend more evenly, while strictly implementing credit policies in the property sector.     The nation will also take steps to rein in fast-rising property prices and strengthen credit controls for the sector, according to Housing and Urban-Rural Development Minister Jiang Weixin. A customer checking out a model of a real estate project in Shenzhen, Guangdong province. Property prices in China's 70 major cities rose at the fastest pace in 16 months in November    "We should scrap or adjust local property policies launched last year that no longer comply with the current macroeconomic goals," Jiang said.     According to Dong Chen, director of the research institute of Southwest Securities, the government moves on real estate policies indicate that while policymakers are striving to cement the economic rebound, they are also serious in curbing the excessive liquidity in the financial system to allay fears of asset bubbles and inflation.     Property prices in China's 70 major cities rose at the fastest pace in 16 months in November, fueling concern that record lending and inflows of capital from abroad are building up asset bubbles.     "Credit policy is the key to curb the rising property prices, as it would have a direct impact on transaction volumes," said Su Xuejing, an analyst with Changjiang Securities.     "We anticipate more policy tightening in the future like increasing the down payment and mortgage rates for second-home buyers," he said.     Shanghai Securities News said on Tuesday that the government plans to expand trials of a real estate tax, citing an unidentified person close to the State Administration of Taxation.     The anticipated policy changes have also affected the capital market performance of leading realtors. Shares of China Vanke Co, the country's largest listed property developer, have fallen more than 12 percent in the past month on concerns that the measures to cool the property market would impact earnings. Poly Real Estate Group Co, the second largest real estate firm, also saw its shares fall to a four-month low.     Meanwhile, a report from UK real estate service provider Savills said that the tighter credit policies and soaring realty prices have spurred property sales by international investors. Many of the investors had acquired the properties several years back and have been able to get handsome returns now, it said.     "Sales by foreign investors increased from 7 percent in 2008 to 20 percent in 2009," said the report.

BEIJING, Oct. 23 (Xinhua) -- Chinese Vice Premier Li Keqiang on Friday urged geologists to make full use of the country's rich resources and explore new energy in innovative ways.     "Geological work makes the basic and pioneer industry for economic and social development and it affects the country's overall modernization... We should mainly depend on our own power to increase energy supply," said Li at the ceremony for the country's top geological science awards.     A total of 14 geologists from the geological exploration, research and education fields received the 11th Li Siguang Geological Science Award. Chinese Vice Premier Li Keqiang (R) meets with winners of the Li Siguang Geological Science Award in Beijing, capital of China, on Oct. 23, 2009The award is named after China's leading geologist Li Siguang, founder of China's geomechanics.     Oct. 26 marks the 120th anniversary of Li Siguang, whose research led to the discovery of China's major natural gas and oilfields.     Li Keqiang said geologists, especially those doing fieldwork, shoulder arduous missions and suffer tough outdoor conditions.     He urged related organizations to take care of their life and work and create favorable environment for the innovation in geological science and technology.

HUA HIN, Thailand, Oct. 26 (Xinhua) -- With a delighted and relieved smile, Chinese Premier Wen Jiabao waved to the crowd on Sunday at the airport in Thai resort Hua Hin before he left for home.     The premier has successfully finished his visit to Thailand after attending a series of summit meetings related to the Association of Southeast Asian Nations (ASEAN) during the past three days. China's Premier Wen Jiabao (L Front) arrives in Hua Hin, Thailand, Oct. 23, 2009 for a series of meetings related to the Association of Southeast Asian NationsThis is Wen's second visit to this country in 2009. Half a year ago, despite extreme political turbulence in Thailand, Wen decided to attend the ASEAN summits in Pattaya in a bid to show China's sincerity to the world.     During the 22 hours in Pattaya, Wen used all possible chances to hold talks with the leaders at the summits and meet journalists, transmitting China's determination and confidence in overcoming the global financial crisis and pushing forward East Asia cooperation. Chinese Premier Wen Jiabao (C) meets the press in Hua Hin, Thailand, Oct. 23, 2009. Wen had been deeply convinced that enhancing cooperation and working together to overcome the difficulties of the time were in accord with the fundamental interests of East Asian peoples.     Once we had sincerity, determination and confidence, the hope would not be dashed, the premier said.     During the following six months, the Chinese government decided to set up a 10-billion-U.S. dollar China-ASEAN investment cooperation fund, establish the China-ASEAN Free Trade Area, and provide financial support to ASEAN countries. Trade between China and ASEAN has entered into the period of recovery since September. Chinese Premier Wen Jiabao has a working lunch with leaders attending the fourth East Asia Summit in the southern Thai resort town of Hua Hin, Oct. 25, 2009At the Oct. 23-25 Hua Hin summits, Wen brought not only good news of China's economic rebound, but also a six-point proposal for strengthening cooperation between China and ASEAN, which included building an economic cooperation zone and boosting cooperation in such sectors as investment, agriculture, intellectual property rights, infrastructure construction and culture.     Wen emphasized that challenge could turn into opportunity, cooperation could bring strength, while innovation could contribute to success.     The blueprint of East Asia cooperation would be better, he said, adding that the hope is just like "an imperishable lighthouse," which leads the East Asian people amid ups and downs.     Mutual respect and trust constitute the foundation for cooperation. Wen held a series of meetings with leaders of other countries during the ASEAN summits, with his meetings with Indian Prime Minister Manmohan Singh and Australian Prime Minister Kevin Rudd having been widely followed. Chinese Premier Wen Jiabao (R) meets with Indian Prime Minister Manmohan Singh in Hua Hin, Thailand, on Oct. 24, 2009. Wen arrived here on Friday evening to attend the summit meetings of the Association of Southeast Asian Nations (ASEAN) with its partnersWen and Singh have confirmed their strong willingness for common and harmonious development between the two sides during their talks.     Maintaining good-neighborly and friendly relations as well as mutual beneficial cooperation between the two big developing countries would not only benefit both peoples, but also bring hope for Asia and the world, the two leaders said. Chinese Premier Wen Jiabao (R) meets with Australian Prime Minister Kevin Rudd in Hua Hin, Thailand, October 24, 2009. Wen Jiabao and Kevin Rudd are here to attend a series of leaders' meeting related to the Association of Southeast Asian Nations (ASEANAlthough China and Australia have different political systems, levels of economic development, historical and cultural background, common interests had led to an increasingly close relationship between the two Asia-Pacific powers.     The talks between Wen and Rudd had shown that there would be no unconquerable difficulties as long as the two sides treated each other with mutual respect and pursued win-win cooperation.     Establishing an East Asian Community is the common desire of the people in the region, though the path toward realizing the goal will be long and bumpy.     China will sincerely, firmly, actively and effectively engage in pushing forward the integration of East Asia.     Half a century ago, together with India and Myanmar, China proposed the Five Principles of Peaceful Coexistence, advocating for mutual respect, equal treatment and friendly cooperation among all nations. In the early 1990s, China initiated the cooperation between ASEAN and itself. In the aftermath of the Asian financial crisis, the regional cooperation in East Asia began to pick up in pace.     Wen firmly expressed at the Hua Hin summits that China would work with East Asian nations toward realizing the long-term goal of establishing the East Asian Community.     The clouds of the international financial crisis remain overhead. However, consensus and hopes are in the making among the members of East Asia, shining as an ever-bright lighthouse and leading the way to a more promising future.

BEIJING, Nov. 17 (Xinhua) -- China and the United States will more vigorously promote cultural exchanges between the two nations and their people, and send more students to each other's country to study, a joint statement said here on Tuesday.     "The two sides noted the importance of people-to-people and cultural exchanges in fostering closer China-U.S. bilateral relations and therefore agreed in principle to establish a new bilateral mechanism to facilitate these exchanges," the statement said.     In recent years, the number of students studying in each other's country keeps rising. Currently there are nearly 100,000 Chinese students studying in the United States.     "The U.S. will receive more Chinese students and facilitate visa issuance for them," the statement said.     In China, there are about 20,000 American students studying. The United States will launch a new initiative to encourage more American students to study in China. "Over the coming four years, the U.S. will send 100,000 students to China, and the Chinese side welcomed this decision," it said.     China and the U.S. agreed to expedite negotiations to renew in 2010 a cultural exchange accord, and jointly hold the Second China-U.S. Cultural Forum in the United States at an appropriate time, the statement added. 

QINGDAO, Shandong, Jan. 10 (Xinhua) -- The most severe icing situation in the past 30 years in the coast off east China's Shandong Province continued to worsen amid cold snaps, oceanic officials said Sunday.     Sea ice appeared last week along the coastline of the Bohai Sea and northern Yellow Sea as cold fronts pushed the temperature down to minus 10 degrees Celsius, said Guo Kecai, deputy general engineer of the North China Sea Branch (NCSB) of the State Oceanic Administration. A mariculturist breaks the ice on the sea in Jiaozhou, east China's Shandong Province, Jan. 10, 2010The outer edge of the ice sheets in the Liaodong Bay, Bohai Bayand northern Yellow Sea extended 60 nautical miles, 15.5 nautical miles and 20 nautical miles, respectively, according to the NCSB.     With another cold front expected Monday, the sea ice along the coastline would further develop, experts said.     More than 200 fishing boats were frozen at a port in Dongying Village in the Jiaozhou Bay. Fishermen said the ice sheet could be20 cm to 30 cm thick. Police help move the vessels stucked by ice in Qingdao, east China's Shandong Province, Jan. 10, 2010In the waters near Liaodong Bay and Laizhou Bay, floating ice was reported in an area of 65 to 75 nautical miles, with ice measured more than 50 cm thick, threatening ship navigation, anchoring and operations at ports, Transport Minister Li Shenglin said Saturday.     The NCSB had strengthened monitoring on icing conditions and sent warnings to local residents and governments.

来源：资阳报