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BEIJING, Jan. 16 (Xinhua) -- China is pinning hopes on its affordable housing programs to cool its red-hot property market in the latest round of campaigns against rising asset bubbles, after the government moved to crack down on market speculation during the past year.Experts held that to increase supplies of affordable housing is the key solution to guide the market toward healthy development and help stabilize prices.During a talk show hosted by China National Radio on Dec. 26, Chinese Premier Wen Jiabao said the government will press forward housing price control and increase the supply of affordable houses for low-income earners.His words came after the government had announced a plan to build 10 million more low-income housing units this year.China is working on a more healthy system that provides housing that meets different demands, after an array of policies, including tighter credit for commercial housing, failed to produce satisfactory results in 2010.In 70 major Chinese cities, home prices rose 0.3 percent month on month and 7.7 percent year on year in November last year, which was the third consecutive month prices rose.China started the construction of some 5.9 million units of affordable homes in 2010, of which 3.7 million were completed, official figures showed.Qin Hong, a researcher with the Ministry of Housing and Urban-rural Development, said the number of affordable homes is still "far from enough", especially as more low-rent homes are needed for China's "sandwich class" families who either are disqualified for low-cost housing or cannot afford the sky-high prices of commercial housing."By attaching more importance to affordable homes and low-rent housing, it seems that the government is leading the market in the right direction," said Zhang Hanya, head of the Investment Association of China.

BEIJING, Nov. 27 (Xinhua) -- "I can't afford an apartment, a car or a wife, but it never occurred to me until now that I can't even afford vegetables or fruit," said Gao Lei, a 30-year-old renter in Beijing."I went to a grocery store yesterday only to find that even apples, the cheapest fruit, are sold for 4 yuan half a kilogram, doubling the price from two months ago," said Gao.China's consumer price index (CPI), the main gauge of inflation, rose to a 25-month high of 4.4 percent in October. The hike was mainly due to a 10.1-percent surge in food prices. Food prices have a one-third weighting in China's CPI calculation.An employee puts bags of sugar on to shelves at a supermarket in Beijing. The price of the commodity has doubled in China since the beginning of the year. Though Gao is slightly exaggerating his hardship during the current inflation, price rises, particularly of life necessities such as grains and vegetables, do force Chinese low-income groups into a rough time.Jiang Peng's family is hard-hit, as he and his wife both are laid-off workers and have two daughters in college. Jiang, however, has a new job, working as a janitor in Jinan-based Shandong Economic University.Jiang's family makes some 24,000 yuan (3,600 U.S. dollars) a year, half of which goes to paying tuition for their two college girls, with the majority of the rest covering their daughters' living expenses."We spend each penny carefully, because we try to save as much as possible for the kids. Now as price goes up, we find it increasingly difficult to make ends meet," said Jiang.The only vegetable Jiang and his wife have these days is cabbage, since it is the cheapest of all vegetables.Jiang said prices have dropped slightly due to government price control efforts, but it is not making a big difference yet, and prices of some daily necessities remain high, not showing signs of a decrease."We have fried dough sticks for breakfast, and even its price rose from 3.5 yuan per half a kilogram to 4 yuan, never falling again," said Jiang.For the poorest families, the government already made decisions to dole out temporary subsidies to help them cope with rising living costs.Jin Hong, mother of a fifth-grader in the city of Nanjing, east China's Jiangsu Province, now has to pay 15 percent more for her son's lunch at school. Jin's household monthly income stands at less than 1,000 yuan."I hope there will be no more increases, otherwise I will not be able to afford the school meals for my son," said Jin.p Jin's family is entitled to a 100 yuan subsidy given by the local government, which is due on Dec. 10. "Now, we are counting on the subsidy," she said.Students from poor families are also feeling the pinch, and they are paid great attention in the Chinese government's ongoing price control efforts. The National Development and Reform Commission (NDRC) issued a statement on Nov. 23 detailing various measures to institute price controls, including keeping prices stable in student cafeterias.Also, an earlier statement issued by the State Council, China's Cabinet, ordered local governments to offer subsidies to student canteens and increase allowances for poor students.He Ming, a student from a low-income family at Nanjing-based Southeast University, now sneaks out of classes earlier to make it to the cafeteria before all low-priced dishes are sold out.Low priced dishes are the vegetables, since meat is usually more expensive in China, and they are priced at one yuan per dish."In order not to only swallow rice for the meal, I have to quit part of the class. Though the cafeteria still serves low-price dishes, despite price hikes of vegetables lately, they serve less."He has a monthly living allowance of 300 yuan, which is given by his parents.

BEIJING, Nov. 25 (Xinhua) -- China on Thursday again called on the relevant parties to make joint efforts to safeguard peace and stability of the Korean Peninsula.Foreign Ministry spokesman Hong Lei made the remarks at a regular press briefing.The Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK) exchanged artillery fire Tuesday in waters off the west coast of the Korean Peninsula, leaving four people dead.Hong initially expressed China's stance Wednesday with regard to the exchange of fire between the ROK and the DPRK.On Thursday, Hong again called on parties involved to stay calm and exercise restraint, and urged the ROK and DPRK to engage in dialogue and refrain from similar actions.China has always maintained that the relevant parties resolve disputes through negotiations and by peaceful means and be committed to safeguarding peace and stability in the Korean Peninsula, Hong said.China opposed any acts that harmed the peace and stability of the Korean Peninsula, he went on."It is very urgent and important to restart the six-party talks at the current stage," Hong said, adding China had maintained close contact with all the parties involved, including the United States.He said China hoped parties involved could make concerted efforts to properly handle their concerns through talks and consultation within the framework of the six-party talks, which involved China, the DPRK, the United States, the ROK, Russia and Japan.China would like to make concerted efforts with all parties to help ease tension, seek peace and stability in the Korean Peninsula, Hong said.With respect to the planned joint military drill between the United States and the ROK in waters off the west coast of the Korean Peninsula from Nov.28 to Dec. 1, Hong said China was concerned."China holds a consistent and clear stance on the issue," Hong said without elaborating.