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BEIJING, Dec. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang has said finance should play a vital role in the country's macro control policies, while ensuring and improving people's livelihoods should be the priority of public finance.Li, speaking Monday at a national finance work conference, said China would stick to its proactive fiscal policy in 2011 and better handle relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, according to a statement released on Tuesday.The country will also put more focus on stabilizing overall commodity prices and promoting a balance between supply and demand to ensure basic livelihoods for residents, Li said.Chinese Vice Premier Li Keqiang (C) speaks at a national finance work conference in Beijing, capital of China, Dec. 27, 2010. He pointed out that finance should play a larger role in accelerating the transformation of the country's economic development pattern.Fiscal policies should focus on boosting domestic consumption, increasing fiscal and taxation support to innovation, energy saving and industrial upgrading, and deepening the reforms in fiscal and taxation systems to make the systems conducive to the country's scientific development, Li said.China should improve the structure of fiscal expenditure and give fiscal policies full play in adjusting income distribution to improve people's livelihoods, he said.Further, Li said the country would build more affordable housing, step up supervision of the property market, curb speculation and increase its supply of commercial housing.China planned to build 10 million government-subsidized affordable housing units next year, almost doubling this year's target of 5.8 million units.
BEIJING, Jan. 11 (Xinhua) -- China's Ministry of Civil Affairs on Tuesday sent more relief materials to southern regions that had been hit by icy weather, the ministry said in a statement.The batch of 35,000 quilts and 20,000 cotton coats were on their way to the Guangxi Zhuang Autonomous Region, Chongqing Municipality and the provinces of Sichuan and Jiangxi.Since New Year's Day, freezing weather along with sleet has affected several southern regions, disrupting traffic and lives.Weather forecast said Tuesday freezing weather and sleet will continue in south China over the next three days.

BEIJING, Jan. 15 (Xinhua) -- China should steadily promote the internationalization of its currency, the yuan, the head of China's social security fund said Saturday.The internationalization of the yuan is a significant step for advancing the reform of the international monetary system, Dai Xianglong, chairman of China's National Council for Social Security Funds, said when speaking at annual economic forum in Beijing.The current international monetary system has not adapted to the new patterns of global economic development, he said, adding that currency diversification is a realistic solution.Currency diversification means continuing the role of dollar, increasing the role of the euro and internationalizing other currencies, he said.The U.S. dollar, serving as both the U.S. currency and the most important international currency, will be used for U.S. policy goals when the two roles contradict each other, spurring fluctuations in global financial markets, he said, adding that the dollar has a tendency to depreciate.He said the Chinese yuan is a stable currency, and so ensures the safety of other countries' assets.The Chinese currency also enhances world trade, protecting the interests of China's foreign trade and investment, he added.The internationalization of the yuan will take 15 to 20 years, he said, suggesting an expansion of the overseas circulation of the yuan and an acceleration in the opening-up of China's large commercial banks to speed up the process.He urged Chinese banks in foreign countries to offer funding in yuan.He also called for more efforts to reform the interest rate mechanism, to ease the process of the internationalization of the yuan.
BEIJING, Dec. 7 (Xinhua) -- A senior leader of the Communist Party of China (CPC) Tuesday encouraged Peking opera troupes to produce more superior pieces to revitalize that art.Li Changchun, a member of the Standing Committee of the CPC Central Committee Political Bureau, made the remarks after watching the show "Man Jiang Hong", which told a story of Yue Fei, a hero who fought against invading troops in the Southern Song Dynasty (1127-1279).The show kicked off a month-long demonstration season of over 40 masterpieces of Peking Opera.Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with Peking Opera artists after they stage a Peking Opera show at the National Center for the Performing Arts in Beijing, capital of China, Dec. 7, 2010.The over 200-year-old Peking Opera, which combines instrumental music, vocal performances, mime, dance and acrobatics, was recognized as an intangible cultural heritage last month by the United Nations Educational, Scientific, and Cultural Organization (UNESCO).The Chinese government established a special fund in 2005 to support key troupes around the country to develop new scripts and adapt classic stories.
BEIJING, Dec. 9 (Xinhua) -- The new leadership of Chinese Catholics was elected during the 8th national congress of Chinese Catholics which concluded here Thursday after three days of meeting.Bishop Fang Xingyao was elected chairman of the Chinese Catholic Patriotic Association (CCPA), while Bishop Ma Yinglin will head the Bishops' Conference of the Catholic Church in China (BCCCC).Also, Liu Bainian and Jin Luxian were elected as honorary chairmen of both the CCPA and BCCCC.Further, vice chairmen and consultants to the two Chinese Catholic organizations were elected at the conference.Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference, poses for a group photo with the new leadership of Chinese Catholics in Beijing, capital of China, Dec. 9, 2010.The congress approved the CCPA and BCCCC reports on the past six years of work, as well as revisions of the charters of the CCPA and BCCCC.The 8th national congress of Chinese Catholics, held since Tuesday, was attended by 341 representatives from across China, including 64 bishops, 162 clergy, 24 nuns and 91 lay members.Jia Qinglin, China's top political advisor, met Thursday with delegates who attended the 8th national congress of Chinese Catholics.Congratulating the participants on the successful holding of the congress, Jia praised the efforts Chinese Catholics have made in serving China's reform and development and preventing infiltration of foreign hostile elements, according to a statement Xinhua received.Jia, who is Chairman of the National Committee of the Chinese People's Political Consultative Conference and also a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China (CPC), urged the religious clerics to keep vigilant and prevent foreign hostile elements from using religion to interfere with China's domestic affairs and to safeguard the interests of the entire nation.He called on Catholics to contribute more to China's scientific development and transformation of its economic growth mode, and play an active role in safeguarding social stability and harmony.
来源:资阳报