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BEIJING, March 1 (Xinhua) -- China's central government has allocated 28.6 billion yuan (4.2 billion U.S. dollars) to support farmers, the Ministry of Finance said in a statement Monday.The bulk of the funding -- 18.6 billion yuan -- would be used to subsidize farmers in growing improved varieties of crops such as rice, corn, and cotton.The other 10 billion yuan would subsidize purchases of farm machinery such as sowers and reapers, said the statement issued to Xinhua.The funding aimed to improve motivation in agricultural production, and stabilize the country's grain production, according to the statement.Farmers across the country would be eligible for the subsidies.The funding was on top of 86.7 billion yuan of subsidy funding to grain-growing farmers nationwide in February.The financial support for agriculture came as severe drought continued in the nation's west and south.The National Meteorological Center (NMC) issued a drought alert on Sunday warning the severe drought would continue over the next three days.The State Flood Control and Drought Relief Headquarters said Saturday the drought, which started at the beginning of February, had affected 69.6 million mu (4.64 million hectares) of arable land and left 12.7 million people and 8.4 million heads of livestock short of drinking water.
BEIJING, Feb. 1 (Xinhua) -- China said on Monday protectionism of the United States has "seriously affected" their trade ties and urged it to stop abusing trade remedy measures.The Ministry of Commerce spokesman Yao Jian made the comments on the ministry's website in response to recent U.S. decisions to impose anti-dumping duties on electric blankets and wire trays from China and an anti-dumping and anti-subsidy probe into Chinese steel drill pipes."Since the outbreak of the financial crisis, the U.S. trade protectionism has been apparently on the rise, and China has become the biggest victim of U.S. abuse of trade relief measures", said Yao.Yao said a recent accusation by a senior U.S. commerce official that China has set barriers against foreign investment was "totally contrary to the facts."China is the third largest export market of the U.S., and has been the fastest growing one for years. U.S. exports to China reached 77.4 billion U.S. dollars in 2009, driving down the U.S.-China trade deficit by 16 percent, he said."Absorbing foreign investment is part of China's basic state policy of opening-up," said Yao. "China has always been making efforts to provide a more open and more optimized investment environment for domestic and foreign investors.""Some countries themselves resort to trade protectionism, but turn around and accuse others. This is not only unreasonable but also not good for its own economic recovery," he 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.
LONDON, Jan. 28 (Xinhua) -- Chinese Foreign Minister Yang Jiechi made four proposals Thursday on the Afghan reconstruction at the London Conference on Afghanistan."Afghanistan's reconstruction process had gone through twists and turns," Yang said in a speech. "The successful elections held by the Afghan people opened a new chapter in the history of the country."Chinese Foreign Minister Yang Jiechi speaks to the media after the one-day London Conference on Afghanistan in London, capital of Britain, Jan. 28, 2010. Yang Jiechi spoke highly of the London Conference on Afghanistan concluded on Thursday with security, economic development and governance topping the agendaOn the next stage of Afghan reconstruction, Yang made the following proposals: The international community should help create enabling conditions for safeguarding the security of the country and its people and help the country achieve economic development.His other two proposals were that the international community should help Afghanistan improve governance and enhance coordination and cooperation in helping Afghanistan."The international community should continue paying attention to Afghanistan and offer greater support and assistance to that country," he said. "It should help Afghanistan strengthen its sovereignty, ownership and development capacity." Chinese Foreign Minister Yang Jiechi (L) speaks to the media after the one-day London Conference on Afghanistan in London, capital of Britain, Jan. 28, 2010Yang emphasized that China will help the Afghan people embark on the path of peace, stability and development as early as possible.
BEIJING, Feb. 2 (Xinhua) -- Li Changchun, a senior leader of the Communist Party of China (CPC), on Tuesday urged to provide the country's blind people with easier access to braille publications, textbooks and library services.Li, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the comment when inspecting the China Braille Publishing House in Beijing.Li Changchun (C), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China(CPC), looks at a braille book during his visit to the China Braille Publishing House in Beijing, capital of China, Feb. 2, 2010He said the CPC Central Committee attached great importance to the well-being of China's handicapped population, including the blind people.He called for stepped-up efforts to provide the blind with better cultural products and services to satisfy their growing need.
来源:资阳报