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BEIJING, April 19 (Xinhua) -- He Guoqiang, a senior anti-corruption official of China, has called for strengthened supervision of relief fund and materials in northwest China's quake zone, vowing harsh punishments for dereliction of duty and embezzlement."We should learn from experiences after the Wenchuan earthquake (on May 12, 2008) and strengthen the supervision of quake relief work in Yushu," he said Monday at a meeting on supervising the relief fund and materials after a 7.1-magnitude quake hit Yushu in Qinghai Province on Wednesday.He, head of the Central Commission for Discipline Inspection of the Communist Party of China, urged local Party and government organizations in the disaster-hit areas to fully supervise every aspect and stage of the relief work to uncover any behavior violating laws and disciplines.He vowed harsh punishment for anyone caught committing offenses, especially dereliction of duty and embezzlement of public funds.He also called for transparent and fair use of all funds and materials, and promised timely publication of the latest relief information.The 7.1-magnitude quake has claimed 1,944 lives, injured 12,135 and left 216 people missing in Yushu Tibetan Autonomous Prefecture.

BEIJING, March 31 -- The appointment of three new academic members to the central bank's monetary policy committee on Monday reflects the increasing inclusiveness of monetary policymaking, but may not have any apparent bearing on the timing of an interest rate hike, analysts said.The People's Bank of China (PBOC) said three Chinese economists - Xia Bin, Li Daokui and Zhou Qiren - will replace Fan Gang, the only academic member of the committee, which advises on major monetary issues."Adding two more academics to the monetary policy committee is a welcome change," said Wang Tao, head of China economic research at UBS Securities. "I hope this helps to increase healthy debate within the committee, and increase the independence of monetary policy.""The appointment of three academic members this time - instead of one - indicates the increasing importance of academic voices in monetary policymaking and the three, with different backgrounds, are expected to complement each other to add to the inclusiveness of the panel," said Sun Lijian, an economist with Fudan University. It would make the country's monetary decision-making more rational, he said.Going by their recent comments on inflation, with Li saying that China could precede the United States in raising the rates and Zhou urging a timely and firm exit from stimulus policies, it is speculated that their appointment may signal chances of an earlier rate hike.Zhou said in a February speech that it was high time that China exited from the stimulus measures. "Given the past experiences, the stimulus through expanding money supply and debt only has a short-term effect," he said in the speech.One of the side effects of the stimulus is rising inflation. "The price of the stimulus policies is mainly the adverse effect of the large-scale release of money on the overall market price situation," he said. "We have seen it on the market."Li said early this month once China's consumer price index (CPI), a major measure of inflation, rises 3 percent, the country is set to increase the rates. China's CPI rose by 2.7 percent year-on-year in February.He also said on Monday that China may suffer from exported inflation from developed economies as their continued relaxed monetary policy would lead to surging raw material prices and large-scale capital flowing into the emerging economies, including China.Meanwhile, China should keep itself alert against possible price rises due to weather changes, such as the recent severe drought in southwestern regions.Xia Bin said on Monday that three factors should be taken into account when deciding on whether to raise the interest rates. It should be considered if real negative deposit interest rates occurred. But if inflationary expectations are not strong, the hike would be inappropriate. Moreover, China should not move ahead of the US since it would bring in speculative capital.China's benchmark one-year deposit rate stands at 2.25 percent.Dong Xian'an, chief macroeconomic analyst of Industrial Securities, said economic fundamentals should be the paramount determinant in interest rate related policymaking and the appointment of a new monetary policymaking panel would not have any substantial bearing on the timing of the possible hike.The month-on-month CPI figure is a crucial factor and as it continues to rise, the hike may come in the second quarter of this year, he said.

BEIJING, April 11 (Xinhua) -- China here Sunday expressed concern over the situation in Thailand after Saturday's bloody clashes between the anti-government "red-shirts" and the security personnel."We show deep concern over the situation in Thailand," Chinese Foreign Ministry spokesperson Jiang Yu made the remarks in response to journalist's question.As a friendly neighbor, Jiang said, China sincerely hopes the social order in Thailand can be restored at an early date.China also hoped Thailand could realize political stability and economic development and its people could enjoy a peaceful and happy life. "Red-shirts" protesters check a damaged Thailand Army vehicle near the Democracy Monument in Bangkok, capital of Thailand, April 11, 2010. Some 20 people lost their lives during the Saturday clashes between the anti-government "red-shirts" and security personnel in Bangkok, the Erawan (or Bangkok Emergency Medical Service Center) told Xinhua Sunday afternoon. The death toll was recorded by 12:00 p.m., as at the same time some 834 people were injured, the Erawan center said.Some 20 people lost their lives during the Saturday clashes between the anti-government "red- shirts" and security personnel in capital Bangkok, the Erawan (or Bangkok Emergency Medical Service Center) told Xinhua Sunday afternoon.The death toll of 20 was recorded by 12:00 p.m., and at the same time some 834 people were injured, the Erawan center said.

BEIJING, April 14 (Xinhua) -- The Chinese government has allocated 200 million yuan (29.3 million U.S. dollars) from the central fiscal for disaster relief in quake-hit Qinghai Province, the Ministry of Finance said late Wednesday.The fund was to support relief efforts including evacuation, resettlement, medical treatment and epidemic prevention.A 7.1-magnitude quake hit the Tibetan Autonomous Prefecture of Yushu in Qinghai early Wednesday morning, leaving at least 400 people dead and 10,000 others injured.

BEIJING, April 18 (Xinhua) -- China encourages foreign experts to help upgrade its technological innovation and the quality of economic growth, Chinese Vice Premier Zhang Dejiang said here Sunday."China welcomes foreign experts to offer suggestions on the country's industry development and technological innovation and to help Chinese enterprises solve technological difficulties," Zhang said when meeting a group of Chinese and U.S. engineering experts.More than 270 experts from both countries attended the Eighth Sino-American Technology and Engineering Conference on April 11-18, at which they conducted academic exchanges in fields of advanced manufacturing, information technology, biomedicine and environmental protection.Stressing that China was at a crucial stage of transforming the economic growth pattern, Zhang said China will continue to boost international cooperation and attract foreign expertise in science and technology.