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BEIJING, Sept. 9 (Xinhua) -- Central banks should provide incentive mechanisms for banks to extend more loans to support the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), or the central bank, said Thursday.Speaking at a forum in Beijing sponsored by Oxford University and the China Development Research Foundation, Zhou reviewed the worldwide central banks' role in helping grapple with the financial crisis, pointing out that zero interest rate policies adopted in many countries could discourage banks from extending lending.He said, however, that a central bank should maintain a certain interest rate margin, which will help banks to recover from damages brought by the global credit crunch and strengthen their abilities to extend loans.

BEIJING, Oct. 3 (Xinhua) -- A senior Chinese official has called for rule of law in the state's decision-making to ensure economic development and maintain social justice.Zhou Yongkang, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remark in his speech at a ceremony Sunday in Beijing to mark the 60th anniversary of the founding of the School of Law under Renmin University of China.After more than 60 years of development, a socialist legal system with Chinese characteristics is taking shape and China will further promote legislative, judicial and law enforcement work, said Zhou.Chinese authorities will pay more attention to scientific and democratic decision-making in line with laws to promote social harmony and justice, he said.The government will also pay more attention to education on laws and cultivation of more legal talents, the official added.Renmin University's School of Law is hosting an international seminar on legal systems of China and other countries. The event invited about 400 law experts from law schools of about 100 universities and colleges around the world.

BEIJING, Oct. 1 (Xinhua) -- China on Friday expressed its concern over the situations in Ecuador, where clashes have left dozens of people injured.China and Ecuador are friendly countries and China believes Ecuador will resume stability soon under the leadership of Ecuadorian President Rafael Correa and Ecuadorian government, Chinese Foreign Ministry spokesman Ma Zhaoxu said in a press release.An early resumption of stability is in the fundamental interest of the Ecuadorian people, he said.According to early reports, about 50 people were injured Thursday during clashes between rebel police and supporters of the Ecuadorian president.

BEIJING, Sept. 19 (Xinhua) -- Chinese Vice Premier Zhang Dejiang said Sunday China should vigorously promote the peaceful use of nuclear energy and strengthen its self-innovation to ensure the sound, fast and safe development of China's nuclear industry.Zhang made the remarks at a nuclear work conference in Beijing. He affirmed the achievements that China's nuclear industry has accomplished and the contribution it has made to the country's national defense and social and economic development in the past 55 years.Zhang also said China should increase efforts to boost the safe and peaceful use of nuclear technologies.The country should introduce advanced nuclear technologies developed abroad and strengthen cooperation and communication with leading nuclear companies, he said.Zhang also said China should improve its self-innovation capacity and accelerate the translation of technological results into real-life productivity.

BEIJING, Oct. 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), dropped 43 basis points Tuesday to 6.6775 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Tuesday's central parity, the Chinese currency has strengthened against the U.S. dollar by 2.19 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 9.2574 Tuesday, higher from 9.3215 on Oct. 11, the previous trading day.The yuan's rate against 100 yen was 8.124 Tuesday, compared with 8.1276 on Monday.The yuan's rate against the British pound was 10.6042, compared with 10.6311 on the previous trading day.The central parity of RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.

来源：资阳报