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BEIJING, Dec. 14 (Xinhua) -- The People's Bank of China, the country's central bank, said Wednesday that China will continue its prudent monetary policy next year while making the policy more targeted, flexible and forward-looking.The announcement came after the conclusion of the annual central economic work conference Wednesday morning, which has set economic policy guidelines for the coming year.The central bank will maintain control over the intensity, pace and focus of macroeconomic regulation, make full use of monetary tools, tune up credit supply and promote reasonable growth in social financing, according to a statement posted on its website.The bank will improve credit structure, increase support to key sectors and weak areas, especially to agriculture, small and medium-sized enterprises and affordable housing construction, as well as better serve the real economy.It will continue to perfect its yuan exchange rate formation mechanism, and keep the yuan exchange rates basically stable at a reasonable and balanced level.Meanwhile, the bank will strengthen and improve its foreign exchange management, deepen financial system reforms, prevent and solve financial risks, the statement said.

BEIJING, Jan. 24 (Xinhua) -- Chinese President Hu Jintao and Premier Wen Jiabao on Tuesday exchanged congratulatory messages with their Israeli counterparts Shimon Peres and Benjamin Netanyahu on the 20th anniversary of the establishment of diplomatic ties between the two countries.Hu said the friendly exchanges between the Chinese and the Jewish people go back to ancient times.Since the forging of official ties 20 years ago, friendly cooperative ties between China and Israel have been developing continuously, and the exchanges and cooperation between the two sides in politics, economy and trade, culture, science and technology, agriculture and education have yielded fruitful results and brought tangible benefits to the two countries and the two peoples, Hu said.China attaches great importance to advancing Sino-Israeli ties and is ready to make joint efforts with Israel to take the celebration of the 20th anniversary as an opportunity to further consolidate the traditional Sino-Israeli friendship, deepen mutual cooperation in various fields, increase personnel exchanges on multiple levels, and promote a continuous development of friendly Sino-Israeli cooperative relations, he said.For his part, Peres said Israel and China established official diplomatic ties 20 years ago, which brought the friendship between the two countries to a historic high.He believed that the Israeli-Chinese friendship, which is based on a shared history, common values and ancient culture and tradition, will prevail.Peres said his country pays great attention to its ties with China in all areas, and is willing to conduct mutually beneficial cooperation with China in science and technology and other fields.In his message, Peres wished the Chinese people a "Happy New Year" in the Year of the Dragon.On the same day, Chinese Premier Wen also exchanged congratulatory messages with Israeli Prime Minister Netanyahu.Wen said their bilateral friendly cooperative relations have continued to grow over the last 20 years.Political exchanges between the two countries have been increasingly close, economic and trade cooperation have continued to flourish, and pragmatic cooperation in culture, science and technology, and agriculture has been fruitful, Wen said.China and Israel have their own advantages, as well as huge potential and broad prospects for cooperation, the Chinese premier said.China is ready to continue to expand and deepen its friendly bilateral cooperation with Israel and raise Sino-Israeli ties to a new high, Wen said.For his part, Netanyahu said the Chinese and the Jewish people have always been friends.During the past 20 years, China and Israel succeeded in forging a stable and diversified partnership, he said.The Israeli side is ready to fully explore the potential of bilateral ties and continue to expand cooperation in science and technology, sanitation, agriculture and environmental protection technologies and other fields with China, Netanyahu said.He believed that there will be more opportunities to further consolidate the friendship between the two peoples and deepen bilateral cooperation in the future.Chinese Foreign Minister Yang Jiechi and Israeli Foreign Minister Avigdor Lieberman also exchanged congratulatory messages.

BEIJING, Oct. 28 (Xinhua) -- The Chinese government will donate one million U.S. dollars to quake-hit Turkey, Foreign Ministry spokeswoman Jiang Yu announced Friday.Jiang said that China has paid great attention to the situation since a 7.2-magnitude earthquake hit eastern Turkey on Sunday.Jiang noted that Premier Wen Jiabao sent a message of condolence to Turkish Prime Minister Recep Tayyip Erdogan immediately after the quake.The Red Cross Society of China has also donated 50,000 U.S. dollars, and China will continue to offer emergency relief aid to Turkey, she added.According to the Turkish government, as of Friday morning, 570 people were dead and 2,250 injured after the powerful earthquake struck the province of Van in eastern Turkey on Sunday.

BEIJING, Jan. 1 (Xinhua) -- The public on Sunday strongly echoed Chinese President Hu Jintao's New Year address broadcast on Saturday, vowing to make great efforts for rejuvenation of the nation, a better future.In his speech titled "Jointly Improve World Peace and Development," Hu said that China will continue to develop friendly exchanges with other countries and positively participate in international cooperation on global issues.The country will continue to balance maintaining steady and relatively fast economic growth with adjusting its economic structures and managing inflation expectations, Hu said in the speech.PROUD Of COUNTRY'S ACHIEVEMENTS"We have been encouraged by President Hu's address, said Wang Laihua, head of the public opinions research institute of Tianjin Social Sciences Academy."His address summarized the achievements that we have made in the first year of the 12th Five-Year Plan, which raised people's expectation for prosperity, happiness," said Wang.Hu said in the address that in the face of complicated international situations and arduous tasks in maintaining domestic reform, development and stability in 2011, Chinese people united and continued to push forward the opening up and reform drive and the socialist modernization construction, while maintaining steady and relatively fast economic growth and making progress in building a well-off society in an all-around way.Zhu Jianfang, chief economist of CITIC Securities, said that the country's macroeconomic control has made positive achievements in the last year, as the prices of properties and commodity have been effectively controlled."We feel reassured after hearing Hu's speech," said Wen Jun, who has come to south China's Guangzhou for business from Hong Kong for 16 years, referring to Hu's speech saying that China will stick to the guidelines of "one country, two systems," "Hong Kong people governing Hong Kong," "Macao people governing Macao," and a high degree of autonomy in maintaining the long-term prosperity and stability of Hong Kong and Macao.

BEIJING, Nov. 27 (Xinhua) -- China's industrial enterprises saw their profits increase 25.3 percent year-on-year in the first ten months of 2011, slowing down from the year's previously recorded figures, official data showed Sunday.Growth in the January-October period was 1.7 percentage points lower from that of the first three quarters, the National Bureau of Statistics (NBS) said in a statement.It marked a gradual downshift from the 34.3-percent year-on-year growth seen during the January-February period and the 28.7-percent growth seen during the first half of the year.Profits realized in the first ten months amounted to 4.12 trillion yuan (650 billion U.S. dollars), the NBS said.The NBS compiled the figures using data collected from a pool of industrial businesses with at least 20 million yuan in annual sales revenues each.In October alone, industrial profits expanded 12.5 percent year-on-year to 438.3 billion yuan, the NBS said.Among 39 industries surveyed, 36 sectors reported profit growth in the first ten months. The oil refining, coking and nuclear-fuel processing sector saw profit plunge 89.8 percent year-on-year.Private businesses posted the fastest profit growth, with a year-on-year rise of 44.3 percent, followed by collectively owned enterprises of 33 percent, equity-holding companies of 30.3 percent, state-owned enterprises of 16.6 percent and overseas-funded firms of 11.6 percent.China's industrial production growth rate will moderate due to economic turmoil in Europe and the United States and weakening domestic demand brought about by a tightened monetary policy, Huang Libin, an official with the Ministry of Industry and Information Technology, said last week.China saw its economic growth slow to 9.1 percent in the third quarter of this year from 9.5 percent in the second quarter and 9.7 percent in the first quarter.