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BEIJING, March 14 (Xinhua) -- The development road of China will be bumpy and even thorny in the next few years, Premier Wen Jiabao told a press conference Sunday rightly after the conclusion of the national legislature's annual session.He called for unslackened efforts to tackle difficulties, saying "we must have firm confidence.""No matter how high a mountain is, one can always ascend to the top. The only way out and hope when facing difficulties lie in our own efforts," Wen said.Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010He also said he holds deep love for the country and vowed strong commitments in the next three years of his term.

PYONGYANG, March 16 (Xinhua) -- Democratic People's Republic of Korea (DPRK) Premier Kim Yong Il met China's new ambassador, Liu Hongcai, here Tuesday.During the meeting which was also attended by Vice-Premier Ro Tu Chol at the Mansudae Assembly Hall, the DPRK officials said they highly appreciated the relationship between the DPRK and China.Kim warmly welcomed Liu, saying the DPRK and China held a series of activities last year to mark the two countries' year of friendship and the bilateral relationship had witnessed constant achievements in areas of politics, economy and culture, especially in the commercial sector, from the beginning of this year.Kim expressed thanks for the support of the Chinese party, government and people to the DPRK on socialistic construction, saying the DPRK people would never forget it and it was the unswerving stand of the DPRK's party and government to continue consolidating and developing the DPRK-China friendship.Liu said the activities held by China and the DPRK last year to mark the friendship served as a good opportunity for young people in the two countries to exchange views and develop friendship.He said he would make efforts to boost relations between the two countries and expand areas of mutually beneficial cooperation.Liu, who arrived in Pyongyang on March 5, presented his credentials on March 8 to Kim Yong Nam, president of the Presidium of the DPRK Supreme People's Assembly.

BEIJING, March 10 (Xinhua) - A senior Chinese lawmaker said on Wednesday that legislation requiring public officials to declare their personal assets is under consideration and seen as a move to prevent corruption and improve government transparency."We are researching the issue, since the legislation requires mature consideration of all conditions," said Li Fei, deputy director of the Legislative Affairs Committee of the National People' s Congress (NPC) Standing Committee.Li noted that the legislation should be assisted by the establishment of the personal credit system, which details individuals' financial information even if assets are not declared.Premier Wen Jiabao said on March 5 that high priority should be given to fighting corruption and encouraging integrity among public officials.Leading cadres at all levels, especially high-ranking ones, must resolutely implement the central leadership's regulations on reporting their personal financial situations and property, including incomes, housing and investments, as well as the jobs held by their spouses and children, Wen said.

BEIJING, March 20 (Xinhua) -- The threat of inflation to China's economy is less worrisome compared with asset bubble, economists said Saturday at the China Development Forum 2010.China's economy is facing a new round of growth in the coming two years, but the risks of inflation and asset bubble remain, said Fan Gang, secretary general of the China Reform Foundation.Compared with inflation, tackling asset bubble is of greater importance because asset bubble, as one of the causes for this round of global financial crisis, is more dangerous, Fan said. He expected the country's economy to grow 8 to 9 percent this year in a "normal growth."Growth in China's property prices is accelerating and approaching an alarming level, said Nomura Holdings Inc. chairman Junichi Ujiie.Despite government measures to curb property prices, China's property market grew at its fastest pace in 20 months in February, with housing prices in 70 major cities rising 10.7 percent from a year ago.

BEIJING, Jan. 8 (Xinhua) -- The move by the United States of selling arms to Taiwan brings chilly air to the warming China-U.S. relationship as well as military exchanges.The U.S. government on Friday announced the plans to sell a package of arms to Taiwan, which include Patriot missiles, Black Hawk helicopters and minesweepers. China immediately expressed strong indignation about the sale after the U.S. government notified the U.S. Congress of the plans.China slammed the U.S. move, pointing out it has violated the three Sino-US joint communiques, especially the principles established in the Joint Communique on Aug. 17, 1982, which stated that the U.S. would not seek to carry out a long-term policy of arms sales to Taiwan, and intended to gradually reduce arms sale.According to a press release of the Foreign Ministry, China has decided to partially halt the exchange programs between the militaries of the two countries, as well as the vice-ministerial consultation on strategic security, arms control and anti-proliferation, which was originally scheduled to be held soon.The two militaries had been expected to launch more exchanges in 2010, which include U.S. Defense Secretary Robert Gates' visit to China and mutual visits of warships.Qian Lihua, director of the Defense Ministry's Foreign Affairs Office, on Saturday summoned the defense attache of the U.S. Embassy in Beijing to lodge a stern protest."We reserve the right of taking further actions," he noted.The U.S. move cast a shadow over the military ties between China and the Untied States, which have seen a warming trend since U.S. President Barack Obama took office.The two countries held the latest round of defense consultations in Beijing in June, which were suspended for 18 months after the then outgoing Bush administration announced a 6.5-billion-U.S.-dollar arms package for Taiwan.At the first U.S.-China Strategic and Economic Dialogue held in Washington D.C. in July, the two countries agreed to expand military exchanges at various levels.Vice Chairman of China's Central Military Commission (CMC) Xu Caihou visited the United States from Oct. 24 to Nov. 3, the first senior Chinese military leader to visit the country since Obama assumed the presidency.These hard-won rising military exchanges resulted from consensus reached by the two heads of state on a sound and healthy development of bilateral ties, but at the same time they require cautiously handling of the sensitive issues like arms sale to Taiwan, the first and foremost obstacle of military ties.When U.S. President Barack Obama visited Beijing in November, China and the United States issued a joint statement, pledging that the two countries would "take concrete steps" to advance "sustained and reliable" military-to-military relations."I am very pleased with the reduction of tensions and improvement of the cross-strait relations," said Obama during a dialogue with Chinese youth in Shanghai.However, the arms sale deal apparently runs counter to the commitments the U.S. side have made.As one of the most important bilateral relationships in the world, a sound China-U.S. relationship not only conforms to the fundamental interests of the two peoples, but is also conducive to peace, stability and prosperity in the Asia-Pacific region and the world at large.Now the U.S. side should take the responsibility for the halt of military exchanges between the two countries, which may subsequently deal a blow to bilateral ties.