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BEIJING, Jan. 12 (Xinhua) -- Traffic congestion has eased "obviously" in Beijing since authorities launched a string of new, stricter traffic rules and opened five new subway lines last month, a local transport official said Wednesday."On average, the duration of traffic jams has been reduced by more than two hours per day, from 3 hours and 55 minutes before the new year to the current 1 hour 45 minutes since Jan. 1," said Li Xiaosong, deputy director of the Beijing Municipal Committee of Communications.Li's committee has unveiled an index system of Beijing's traffic congestion, the first for the city.According to the system, 0-2 signified traffic was "smooth," 2-4 "generally smooth," 4-6 signalled "slight congestion," 6-8 "moderate congestion," and 8-10 "heavy congestion," Li said."Before the New Year, Beijing's congestion index usually stood above 8.2, but it has been 6 since Jan. 1," she said.Li attributed the improvement to the new traffic rules and subway lines.Massive traffic jams have long been a headache for Beijing, a city of 20 million people and 4.8 million vehicles. Last year, an average 2,000 new cars hit the city's streets every day.On Dec. 23, authorities in Beijing announced they will slash new car registrations to ease traffic gridlock. This year, the city will allow only 240,000 vehicles to be registered, about a third of the number of last year.Moreover, Beijing municipal government agencies and public institutions were prohibited from increasing the size of their vehicle fleets over the next five years.Other measures include higher parking fees in the city's central areas, and stricter traffic rules for cars registered outside Beijing.An odd-even license plate number system was introduced to allow cars to be driven every other day in peak hours in some congested areas.Beijing opened five new suburban subway lines on Dec. 30 with a combined length of 108 km, bringing the city's total number of subway lines to 14 and the total length to 336 km.Beijing was building more subway lines, Li said.The number of lines in the city would reach 19 by 2015. Then, their combined length would total 561 km. By 2020, the total subway length would increase to 1,000 km, she said."Developing public transport, especially rapid rail transit, is an important move for Beijing to ease traffic congestion and improve urban functionality," she said.Li Feng, who lives in Daxing, a suburban district in southern Beijing, told Xinhua Wednesday that he had felt the positive changes in Beijing's traffic."I used to drive at a speed of only 20 km per hour when I entered and left the city in the morning and evening rush hours, but now I can drive at 40 km per hour," he said.Yet many people are waiting to see the long-term effect of the measures as Beijing still faces pressure from the huge demand for private cars.The Beijing transport authority on Sunday revealed it had received 215,425 new car license applications, after this month's application period closed late Saturday night.But only a tenth of the applicants will get license plates this month, after a lottery is held on Jan. 26.

UNITED NATIONS, Dec. 15 (Xinhua) -- China on Wednesday voiced its support for the new UN resolutions on lifting major sanctions against Iraq, and called on all parties in the country to foster national reconciliation through political dialogue and consultation.The statement came as Li Baodong, the Chinese permanent representative to the United Nations, was speaking at an open Security Council meeting on Iraq, which adopted three resolutions to terminate major sanctions against Iraq, lift the restrictions on the Iraqi civilian nuclear program and end the oil-for-food program."China welcomes the adoption by the Security Council of resolutions which lift the sanctions imposed according to Chapter 7 of the Charter regarding the mass destructive weapons, missiles and civilian nuclear activities, which conclude the oil-for-food program and provide for appropriate arrangements relating to the development fund for Iraq," Li said.Li Baodong (front), the Chinese permanent representative to the United Nations, speaks during a United Nations Security Council high level meeting on Iraq at the UN headquarters in New York, Dec. 15, 2010. China on Wednesday voiced its support for the new UN resolutions on lifting major sanctions against Iraq, and called on all parties in the country to foster national reconciliation through political dialogue and consultation. The ambassador expressed hope that Iraq will seize the opportunity to speed up peaceful reconstruction process, and become an active force in maintaining regional peace and stability.He also commended the efforts made by the Iraqi government and people in stabilizing the overall situation in the country. China "supports the Iraqi people in determining the future of their country autonomously," he stressed."Iraq is still confronted with a complex security situation. China condemns the terrorists attacks that have occurred recently in the country. We support the government and people of Iraq in their effort to preserve national security," said Li.Li also encouraged Iraq to enhance dialogue and cooperation with regional neighbors, find an appropriate solution to outstanding issues in a common effort to preserve regional peace and stability."We understand and support Iraq's aspiration for complete reintegration into the international community," said the ambassador.

DUSHANBE, Nov. 24 (Xinhua) -- Chinese Premier Wen Jiabao and his Kazakh counterpart, Karim Masimov, agreed here Wednesday to enhance bilateral cooperation in various areas, including energy, high-tech, infrastructure and agriculture.The pledge was made at a meeting between the two leaders, who are gathering in the Tajik capital for a prime ministers' meeting of the Shanghai Cooperation Organization (SCO).The strategic partnership between China and Kazakhstan has enjoyed all-round and in-depth development in recent years, Wen said, citing frequent high-level bilateral contacts, increasing mutual political trust, close communication and coordination in such multilateral frameworks as the United Nations and the SCO between the two countries, and remarkable pragmatic bilateral cooperation.Chinese Premier Wen Jiabao (R) meets with Kazakh Prime Minister Karim Masimov in Dushanbe, capital of Tajikistan, Nov. 24, 2010. China is ready to work with Kazakhstan to carry out the consensus reached earlier this year between their heads of state on the development of bilateral ties and advance their strategic cooperation to new heights, Wen said.The two countries should continue to consolidate and expand their cooperation in energy and ensure the safe, stable and effective operation of the China-Kazakhstan oil and gas pipelines, he said.He also urged the two sides to carry out some flagship projects in non-resources fields as soon as possible, enhance their cooperation in high-tech, infrastructure and agriculture, and make concerted efforts to build their transborder free trade zone.The Chinese government supports a greater role of Chinese enterprises in the Kazakh economic development and achieve mutual benefits and common development, Wen said.

BEIJING, Nov. 27 (Xinhua) -- Two years of monetary easing policies helped China's economy emerge from the global financial crisis. Now, facing a runaway inflow of hot money, fast loan growth, and escalating inflation, China could become serious about tightening regulations to achieve a "soft landing".Analysts recently said China could see more interest rate hikes in the final month of 2010 in a bid to soak up excessive liquidity and prevent a potential overheating of the economy.Further, the People's Bank of China (PBOC) Deputy Governor Hu Xiaolian said on Oct. 24 that using multiple monetary policy tools to improve liquidity management and guide the money and credit growth back to normal would be the main task for the central bank in the remainder of this year.According to data released by the central bank Friday, in October those funds outstanding for foreign exchange (FOFE) hit 525.1 billion yuan (78.37 billion U.S. dollars), the second highest monthly record in history.That is to say, PBOC issued 519 billion yuan of Renminbi in October to purchase the same amount of fresh inflow of foreign exchanges, which usually enter the nation in the form of trade surplus, foreign direct investment and short-term international speculative funds."The huge inflow of hot money is an important reason behind the sharp rise in FOFE," said Zhang Ming, a researcher with the China Academy of Social Sciences (CASS).He noted, as the European debt crisis ceased, that speculative funds have returned to the emerging markets, notably after the U.S. Federal Reserve announced the second round of its quantitative easing policy."As the massive inflow of foreign exchange increases the domestic monetary base, it has become a major impetus of a broad money supply, which could exacerbate inflation," said Liu Yuhui, also a researcher with CASS.Hefty foreign exchange inflow usually goes together with soaring inflation. China's FOFE hit a record 525.1 billion yuan in April 2008. In the same month, China's Consumer Price Index (CPI), a main gauge of inflation, was up by 8.5 percent, which was unprecedented.Also, this October, the CPI rose by 4.4 percent, the highest amount in 25 months.Boosted by a massive trade surplus, the domestic monetary situation began easing in late 2008, as China's broad money supply exceeded 70 trillion yuan, surpassing the United States to become the world's largest.Li Daokui, a member of the monetary policy committee with the PBOC, said hefty money supplies posed huge risks to the nation' s banking system and, more imminently, would exacerbate the current inflation."The interest rate increase last month sent a signal that more such increases will come in the future," he said.

BEIJING, Dec. 10 (Xinhua) -- CNC World, the English-language channel of Xinhua News Agency's TV arm, CNC, will reach cable television audiences in Africa from Jan. 1, 2011, according to an agreement signed Friday between CNC and South Africa-based MIH Group.The English-language channel of China Xinhua News Network Corporation (CNC) will be available to 4 million African families through MIH's cable network.Xinhua President Li Congjun met Koos Bekker, founder of MIH, before the signing of the agreement. Both sides expressed their hope CNC will be a competitive and influential international media organization.On Thursday, Xinhua signed an agreement with Eutelsat Communications to extend the coverage of CNC to all of Europe, the Middle East and North Africa from Jan. 1, 2011, through Eutelsat Communications' Eurobird, Hotbird and W7 satellites.CNC World broadcasts English news programs 24 hours a day and covers breaking news and major political, economic and cultural news from around the world.Launched in 2009, CNC has developed into a television network with satellite services in the Asia-Pacific, North America, Europe and Africa.It is also expanding its cable television and new media services and provides news programs to about 300 domestic and overseas television organizations.