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JINAN, Dec. 21 (Xinhua) -- A rural endowment insurance scheme, which is being operated on trial basis in part of the country's rural area, may bring an end to the tradition of rural seniors who depend on their children for financial support.Under the insurance scheme introduced in September last year, farmers across the country, who aged 60 years or older, each can receive a pension of 55 yuan (8.3 U.S. dollars) paid by the government per month."I never dreamed I would receive a pension like urban residents do," said Liu Fengyan from Nanlin Village, Pingyi County, in east China's Shandong Province."My wife and I receive 110 yuan in total each month and that is enough to subsidize our daily expenses," Liu told reporters.Liu, together with hundreds of thousands of other elderly rural Chinese across China, is one of the first to benefit from the insurance scheme.The Chinese government has vowed to expand the scheme 10 percent per year and cover the whole country by the year 2020.Those under the age of 60 will have to pay 100 to 800 yuan per year into a fund so they can draw the pension once they hit 60 years of age."Farmers are enthusiastic about the program, and nearly 90 percent of farmers in the pilot areas in Shandong have joined the scheme," said Liu Qianjin, deputy director of the Rural Social Insurance Department of the Shandong Provincial Human Resources and Social Security Bureau.Previous pension programs that were not widely accepted because their funding came from the farmers themselves. The new pension is different - it is government funded.The value of the pension differs across China, depending on the financial status of the relevant local government."My husband's mother can get 260 yuan pension each month. She was never covered by social insurance before," said Wang Huailan, 58, from Nancai Village, Shunyi District, Beijing.Wang herself is able to receive 347 yuan per month from the urban-rural residents' pension insurance program.In China's most impoverished province, Guizhou, 27 counties, or 30 percent of all counties, are covered by the pension scheme which benefits more than 1.91 million low-income farmers.By the end of 2010, the rural pension scheme will reach 23 percent of all Chinese counties, Minister of Human Resources and Social Security Yin Weimin said in a recent statement.China's elderly population is growing quickly, posing a new challenge for the government.The number of elderly people aged 60 years or over in China in 2009 grew by 7.25 million to more than 167 million, a report by the Office of the China National Committee on Ageing said.China has a population of 1.3 billion, with 56 percent of its citizens living in rural areas not covered by social security programs.The rural pension scheme -- endorsed by the State Council, China's cabinet -- will ensure the basic living standards of elderly Chinese in rural areas and help narrow the standard-of-living gap between urban and rural areas.Although it is a small sum of money, it is the start of a new era in China, Premier Wen Jiabao said in an interview with Xinhua at the end of 2009.

OSLO, Jan. 13 (Xinhua) -- Jan Egeland, director of the Norwegian Institute of International Affairs, on Thursday spoke highly of China's timely assistance to a Europe struggling in deep financial crisis.In an article published on the Thursday issue of the Norwegian- language newspaper Aftenposten, Egeland said that 150 years after Britain and other Western countries forced China to accept the opium trade in Chinese cities, crisis-hit European countries are now hoping to have investment and assistance from China.Three years ago nobody would have thought that China would emerge as a contributor to the euro's survival and to save the European countries from financial bankruptcy, he said in the article."We live in a world of radical change -- 2011 is the year when we will definitely see that the economic and political center of gravity is moving eastward," the author said.Large parts of Asia, Latin America and Africa as well as the Middle East are marked by optimism, growth and investment. But in the forefront is China, which is making investments in Europe and America, the article said.It is equally sobering to click on costofwar.com to see how quickly the U.S. government spends billions in Afghanistan and Iraq as 1.1 trillion U.S. dollars have been spent on the two wars there, Egeland said.Beijing, already a major investor in Greece and in talks with Ireland, has bought nearly 50 billion of Spain's government debt, said the article. Chinese Vice Premier Li Keqiang has just concluded a visit to Spain, Germany and Britain with over 100 prominent Chinese businessmen. During this visit, he said that China will contribute to help Europe get out of the crisis, the article added."There is every reason to believe that China does not want revenge on earlier humiliation, but actually want to contribute to both the U.S. and Europe to avoid economic chaos. Lenders earn little when the borrowers go bankrupt," said Egeland.

BEIJING, Dec. 3 (Xinhua) -- China's central government pledged on Friday to support the northeastern region by boosting its development of modern agriculture.A guideline, mapped out by the National Development and Reform Commission and the Ministry of Agriculture, was publicized by the General Office of the State Council, or cabinet, on the central government' s official website www.gov.cn.The guideline expects the region to harvest more than 100 million tonnes of grain annually by 2015.Northeastern China should catch up with developed countries in terms of land output rates and labor production rates, according to the guideline.The northeastern region in the guideline refers to Liaoning, Jilin, Heilongjiang Provinces and the Inner Mongolia Autonomous Region.

HANOI, Dec. 11 (Xinhua) -- Chinese and Vietnamese people kicked off a four-day mass gala here Saturday in Vietnamese capital city of Hanoi to celebrate 60 years of bilateral diplomatic ties.Tong Thi Phong, Secretarty of the Communist Party of Vietnam Central Committee, said at the opening ceremony that bilateral friendly relations between Vietnam and China are the treasure of two peoples, and the two countries have seen strengthened cooperation in various fields in recent years.Phong said the four-day big gathering of the Vietnamese and Chinese people will strengthen mutual understanding between the two countries, enrich bilateral comprehensive strategic cooperative partnership and advance bilateral ties.Chen Haosu, president of the Chinese People's Association for Friendship with Foreign Countries, said at the opening ceremony that China and Vietnam are good and close neighbors.Chen said this year marks the 60th anniversary of the establishment of bilateral diplomatic relations and China-Vietnam Friendship Year. Friendly-exchange activities held throughout this year have brought two peoples closer, said Chen.Chen expected the four-day gathering between Chinese and Vietnamese people could be conducted in the sprit of "carrying out traditional, strengthening friendship, promoting cooperation and advancing development".Chen said he is confident that the gathering would contribute to the strengthening of mutual trust and cooperation.Vu Xuan Hong, president of Vietnam Friendship Association attended the opening ceremony and spoke highly of the development of Vietnam-China friendly relations in recent years.The four-day gathering includes a number of activities like seminars on education policies and social policies, and an evening gala themed in "China-Vietnam Friendship Night".

WASHINGTON, Jan. 13 (Xinhua) -- The United States and China must seize the "great opportunity" of cooperation to solve the common challenges facing the world today, said U.S. Commerce Secretary Gary Locke on Thursday."We can be certain that it will be a better future if the Chinese and American governments pursue cooperation over confrontation in the economic sphere," Locke said at a luncheon hosted by the U.S.-China Business Council in Washington.