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NINGBO, Zhejiang, Dec. 7 (Xinhua) -- Chinese Vice Premier Li Keqiang called for building affordable housing on a massive scale in the next few years.Li made the remarks during a two-day inspection tour to Ningbo in east China's Zhejiang Province, which ended Tuesday.Li said the country's affordable-housing policy would continue in the upcoming years so as to substantially raise the percentage of affordable housing in the real-estate market.Li urged local governments to support such projects with additional funding and land distribution.Chinese Vice Premier Li Keqiang (R, Front) shakes hands with a worker at a construction site in Haishu District of Ningbo City, east China's Zhejiang Province, Dec. 7, 2010. Li called for building affordable housing on a massive scale in the next few years during a two-day inspection tour to Ningbo.Li also called on authorities to ensure transparency and fairness in the distribution process, to benefit those in real need.The Chinese government introduced various policies to cool down the real-estate market this year.Li stressed the need to discourage house purchases that are for the purpose of investment and speculation, and to increase the supply of affordable housing.

SEOUL, Nov. 11 (Xinhua) -- China is willing to deepen economic and trade cooperation and strengthen bilateral ties with the United States in a "constructive manner", a senior official from China's Ministry of Commerce said here Thursday.At a press conference held Thursday evening, Yu Jianhua, director general of the International Trade and Economic Affairs Department of Ministry of Commerce, said China does not want to get into confrontation with the United States in trade and exchange rate issues, though its second round of quantitative easing will have great impact on China and other emerging economies."On the contrary, we are willing to deepen economic and trade cooperation with the United States in a constructive manner," said Yu, who is also a member of the Chinese delegation to the G20 Seoul Summit which opened Thursday evening.He said Chinese Premier Wen Jiabao also proposed to deepen the bilateral economic and trade cooperation during a meeting with U.S. President Barak Obama in New York last September."Therefore, much common ground can be found in the China-U.S. cooperation. I am optimistic on the future of the two countries' relations," Yu said. Yu also stressed that China hopes to deal with the trade and currency issues through dialogue. These issues should not be politicized or internationalized, and bilateral issues should not develop to a multilateral one. Otherwise the existing issues would become more complicated, he said.On Thursday afternoon, Chinese President Hu Jintao met with U.S. President Obama in Seoul, the host for the G20 Summit. The two heads of state exchanged in-depth opinions on the Sino-U.S. relations and common concerned international and regional issues, and reached consensus.Chinese delegation spokesman Ma Zhaoxu told the press conference that both the two leaders agree that boosting Sino-U.S. relationship to a higher level, against the backdrop of the profoundly changing international circumstances, will not only concern the two countries but also the future of the world.

BEIJING, Dec. 22, (Xinhua) -- China has rejected the Vatican's criticism of a recent national congress of Chinese Catholics, blaming the Vatican for damaging relations between the two sides.A spokesperson for the State Administration for Religious Affairs (SARA) said Wednesday the Vatican's criticism was very imprudent and ungrounded.In a statement dated Dec. 17, the Vatican condemned the congress, which elected the new leadership of China's Catholic church, and accused China of violating religious freedom.The congress from Dec. 7 to 9 elected the heads and other senior members of the Chinese Catholic Patriotic Association (CCPA) and the Bishops' Conference of the Catholic Church in China (BCCCC).The spokesperson said the congress, which is held every five years to amend the CCPA's and BCCCC's constitutions, elect a new leadership and set future agenda, does not deal with Catholic doctrines or violate the fundamental Catholic faith, and "there is no question of getting recognition by any foreign organization or state."The spokesperson said China's religious freedom was protected by the Chinese Constitution, and it was a misinterpretation by the Vatican to declare the incompatibility of Catholic doctrine and the Chinese Catholic church's principle of independent self-governance.China's Constitution grants Chinese citizens freedom of religious beliefs, but requires independence of religious organizations and affairs in China from foreign influence.Under this constitutional provision, the Catholic church and other religions in China adhered to the principle of self-governance and self-support, the spokesperson said.The CCPA and the BCCCC endorsed this principle in their new constitutions adopted at the congress, according to the spokesperson."The BCCCC fulfills her Pastoral Mission at the Faith and Evangelization according to the power and authority of our Lord Jesus Christ and the Holy Spirit endowed upon His Disciples," said the BCCCC's constitution.On the dogma and moral teachings of the Church, the constitution said the BCCCC is "in union with the Successor of St. Peter, the Head of the community of the Disciples.""Has the Vatican not read the two constitutions? Or is it obscuring the boundary between faith and politics on purpose?" the spokesperson said in response to Vatican's declaration of the incompatibility of the constitutions with Catholic doctrine.

Hu also met Prime Minister Jose Socrates and parliament speaker Jaime Gama. They reached important consensus on boosting the comprehensive strategic partnership between the two countries.China and Portugal established the comprehensive strategic partnership in 2005. Bilateral relations have developed steadily in recent years.The leaders recalled developments of bilateral ties since the establishment of diplomatic relations 31 years ago, and outlined the blueprint for future bilateral ties and pragmatic cooperation. They exchanged views on major international and regional issues of common concern.The two sides signed cooperation agreements in culture, technology, tourism, electricity, telecommunications and finance.The presidents of the two countries agreed to make joint efforts to further deepen the comprehensive strategic partnership.Hu said China and Portugal need to make concerted efforts to further boost their five-year-old comprehensive strategic partnership against the backdrop of complex and volatile international situation.Hu made a four-point proposal, calling on the two sides to strengthen mutual political trust and strategic cooperation.He expressed confidence that Portugal will continue to play an active and important role in the development of China-European Union relations.Hu also called upon the two sides to shore up economic cooperation and try to double bilateral trade by 2015.Hu said the two sides should step up people-to-people exchanges and communication and cooperation in international affairs.Silva agreed with Hu's views, saying that the establishment of the comprehensive strategic partnership between the two countries in 2005 was a milestone in Portugal-China relations.Silva expressed his wishes for both sides to further tap potential in bilateral trade and investment and expand cooperation.He also spoke highly of China's crucial role in boosting world peace and development and its contributions to fighting the global financial crisis and promoting the recovery of the world economy.Portugal expects China to play a more important role in such issues as the reform of the international monetary system and climate change, said Silva.Portugal, taking advantage of its recent election as a non-permanent member of the United Nations Security Council, is willing to strengthen cooperation and coordination with China in coping with global challenges, he said.The Portuguese president also pledged his country's efforts to boost relations between Europe and China.

BEIJING, Dec. 29 (Xinhua) -- China's gross domestic product (GDP) is predicted to grow by around 9.5 percent in 2011, 0.5 percentage points lower compared to the growth rate expected for this year, said a report issued Wednesday by the Bank of China (BOC).The report by the BOC, China's third largest lender, was based on the bank's projections of weak overseas demand, tighter monetary policy, and the government's planned economic restructuring for 2011, the first year of China's 12th five-year plan.The Chinese government announced in early December that it will switch its monetary policy stance from relatively loose to prudent next year to tackle rising inflation and keep economic growth at a sustainable pace.The report also said government policies this year to curb soaring property prices in some major cities, and the country's efforts to improve energy efficiency had slowed the economy with the GDP dropping to 9.6 percent in the third quarter, down from the second quarter's 10.3 percent and 11.9 percent in the first quarter.The report also forecast inflation to rise 4 percent in 2011, compared to the 3.3-percent rise expected for 2010. It said that in the second half of the year, the producer price index (PPI) for China's industrial products had kept rising along with the consumer price index (CPI), adding more inflationary pressure for the future.The Chinese government set a 3-percent target for inflation this year, but looks unachieveable after the index rose 3.2 percent during the first 11 months. Pushed up mainly by rising food prices, the index soared 5.1 percent in November to a 28-month high.The report also predicted new lending next year would be 7 trillion yuan (1.06 trillion U.S. dollars), just slightly down from the 7.5 trillion yuan target set by the government for 2010.Growth rates of retail sales of consumer goods and industrial value-added output would see a slight drop from year 2010, while imports would likely grow by 18 percent, 3 percentage points higher than exports.As inflation triggers wider public concerns, expectations for more hikes in interest rates are strengthening. The report forecast the People's Bank of China, the central bank, would likely hike rates for up to three times next year, mostly during the first half of the year.The central bank on Sunday raised the benchmark one-year lending and deposit rates by 25 basis points for the second time in just over two months. It had also set higher commercial lenders' reserve requirement ratio six times this year in a move to tighten liquidity amid climbing inflation.