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BEIJING, Dec. 27 (Xinhua) -- Chinese stocks weakened Monday after the nation's central bank hiked rates on Saturday and amid speculation further monetary policy tightening to combat inflation is in the offing.The benchmark Shanghai Composite Index fell 1.9 percent, or 53.76 points, to finish at 2,781.4, following the central bank's decision to raise the benchmark one-year lending and deposit interests rate by 0.25 percentage points, its second rate hike in just over two months.The Shenzhen Component Index fell 2.02 percent, or 253.66 points, to end at 12,303.19 points.Combined turnover increased to 224.44 billion yuan (33.85 billion U.S. dollars) from 185.28 billion yuan the previous trading day.An investor watches a screen at a stock trading hall in Shanghai, Dec. 27, 2010. China's stock market dropped Monday. The benchmark Shanghai Composite Index lost 1.90 percent, closed at 2,781.40. The Shenzhen Component Index dropped 2.02 percent, closed at 12,303.19.Losers outnumbered gainers 834 to 76 in Shanghai and 1,125 to 89 in Shenzhen.China's consumer price index (CPI), a main gauge of inflation, rose to a 28-month high of 5.1 percent year on year in November.Besides hiking rates, China's central bank has increased banks' reserve requirement ratio six times this year, taking it to 19 percent for some banks.Shares of property developers dropped. China Vanke, the nation's largest real estate developer, lost 2.89 percent to 8.75 yuan. China Everbright Bank fell 3.7 percent to 3.91 yuan. PetroChina, China's biggest oil producer, declined 2.28 percent to 11.16 yuan.Coal producer shares gained 1.74 percent amid gains in international crude oil prices.China Shenhua Energy Co., China's biggest coal producer, climbed 0.02 percent to 25.05 yuan.

BEIJING, Dec. 20 (Xinhua) -- A senior leader of the Communist Party of China (CPC) has called on judicial and public security authorities to step up efforts to resolve social conflict and embrace fairness in law enforcement.Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks at a three-day meeting in Beijing attended by CPC officials from local governments and leaders of judicial and public security departments. Zhou Yongkang (C, back), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, remarks at a three-day meeting in Beijing attended by CPC officials from local governments and leaders of judicial and public security departments, in Beijing, capital of China. China is challenged by the heavy task of safeguarding national security and maintaining social harmony and stability over the next five years, he said at the meeting, which ended Monday.Efforts should be made to address issues related to people's immediate interests, like public security and social justice, he stressed.Zhou called on judicial and public security authorities to continue their fight against violent crime, terrorism and separatism in accordance with the law.

HONG KONG, Dec. 4 (Xinhua) -- Hong Kong Chief Executive Donald Tsang said on Saturday the government will not slack off in its fight against drugs, despite a 20 percent drop in the number of drug abusers aged below 21 in the first half of this year.Speaking at the 2010 Fight Crime Conference, Tsang said both the government and the community attach great importance to drug problems.Although the government's efforts in beating drugs have started to deliver results, it will not slack off and will continue to allocate money to anti-drug programs, he said.Praising law-enforcement officers' professionalism in maintaining law and order in Hong Kong, Tsang said the city's crime rate continued to stay at a low level.According to Chief Secretary Henry Tang, Hong Kong's crime situation for the year's first 10 months remained stable, with overall crime dropping 3.2 percent.

BEIJING, Jan. 3 (Xinhuanet) -- "China and Spain: A brighter future through win-win cooperation", published by the Spain's newspaper "ElPaís", was written by Chinese Vice Premier Li Keqiang.Following is the full text:I am about to head a Chinese delegation to Europe in this thick New Year atmosphere. I will start my trip from Spain, a country I admire for its long history and modern development, a country I feel close at heart though it is far away from China. I will use this opportunity to bring to the Spanish people the friendship of the Chinese people and China's sincere desire to increase cooperation with Spain.China has 1.3 billion people. It is the biggest developing country on earth. After over 30 years of reform and opening-up, China has achieved remarkable success in economic and social development. China's GDP has grown by an annual average of 9.9%, and the Chinese economy is one of the largest in the world. China has steadily expanded the opening-up program. It is now the second largest trading nation in the world. China has remained the top recipient of foreign investment among developing countries for years and its outbound investment ranks the fifth in the world. Having made the historic leap from mere subsistence to overall moderate prosperity, the Chinese people are enjoying much higher living standards. Per capita income has risen eight times and more than 200 million people have been lifted out of poverty. A minimum living allowance system covering both urban and rural areas is by and large in place. And the Chinese people are leading an increasingly fulfilling cultural life.Proud as we are of these accomplishments, the Chinese people are keenly aware of the problems we face in development. China has to deal with the most complex national conditions in the world. Any big achievement in development, when divided among the 1.3 billion people, will become small. Today, 700 million Chinese are still living in the countryside, and China ranks somewhere around 100th in the world in terms of per capita GDP. Cities along China's coast have boomed. But in central and western China, some people still have no access to safe drinking water and some still live under thatched roofs. Infrastructure, medical services, cultural programs and education there remain underdeveloped. 150 million Chinese people are still living on less than one dollar a day. In China one can find both the advanced and the backward, both new problems and old ones. China still has to confront many challenges and risks on the way ahead.We have learnt one thing important as we look back at the past 30 years of development. We must keep to the path of development that fits China's reality, and we must at the same time be open and inclusive. We need to engage in exchanges and cooperation with other countries and draw on the fine achievements of human civilizations. Our world is one where no country can develop with its door closed. China cannot achieve development in isolation from the world and the world needs China for its development.Recently, China has formulated the blueprint for its economic and social development for the coming five years. The blueprint set out a clear vision to quicken the shift of economic development pattern. It spelt out China's desire to work with the international community to meet challenges and share opportunities. China's development will be even more closely linked with the world. First, China will keep to the policy of boosting domestic demand as a long-term strategy. China is at a stage of accelerated industrialization and urbanization. Every year, over 10 million farmers are moving into cities, and the trend may well last for years. It will generate tremendous investment and consumption demand, and will turn China into one of the biggest emerging markets in the world. Second, China is speeding up adjustment of its industrial structure. It is vigorously upgrading the manufacturing sector, raising emerging industries of strategic importance and accelerating the development of the service sector. China will stay open to the outside world. It is committed to protecting intellectual property rights. It will continue to bring in advanced technologies and managerial expertise, and will encourage human capital to play a bigger role in economic growth. These measures are important in promoting development. Third, China is a solid champion of green economy. Many of the concepts and technologies that originated in developed countries, like circular economy, clean energy, low-carbon technology and sustainable development, have been more and more accepted by the Chinese business community and the general public, and have been applied in many aspects of their work and life. To turn the blueprint into reality, China will continue to deepen reform, stick to the market direction of reforms, and establish institutional arrangements that will facilitate economic transition. China's door is open to the world. China's development will bring enormous opportunities of cooperation to Spain and other countries in Europe and beyond.Situated on opposite ends of the Eurasian continent, China and Spain are geographically apart. But our peoples are close and our economies have much to offer one another. The fine tradition of friendship and exchanges between our two countries dates back a long time ago. Since the establishment of diplomatic relations, China-Spain relations have stood the test of time, and gained increasing popular support. The achievements in bilateral relations are encouraging. Spain has achieved a high level of economic and social development. It leads the world in information, tourism, financial services, renewable energy and modern agriculture. There is much for China to learn from Spain's development experience and practices. At the same time, China, with its huge population and big market, will bring Spain tremendous business opportunities. Looking ahead, China-Spain cooperation is bound to grow in both width and depth. To divide something by 1.3 billon may be discouraging. But it is definitely encouraging and even exciting to multiply something by 1.3 billion. If each of the 1.3 billion people in China would buy a bottle of olive oil or taste a few glasses of wine, the demand will outrun Spain's annual supply. And if only a few in every hundred Chinese would travel to Spain every year, no hotel room in Spain will be left vacant. And for Spain’s transport, telecommunications, banking and insurance sectors, some of their biggest future customers would be Chinese. China supports Spain in the series of economic and financial adjustment measures Spain has adopted, and is convinced of the certainty of full recovery of the Spanish economy. China is willing to explore, together with Spain, the positive and effective forms of cooperation. China is a responsible long-term investor, both in the European financial market and in the Spanish financial market. China has confidence in Spain's financial market. It has purchased Spanish Treasury bonds and will buy still more.China and Spain have all along been good friends and good partners. During last year's World Expo in Shanghai, the Spain pavilion was among the most popular. It had attracted over seven million visitors, most of whom ordinary Chinese. More and more people in China want to know Spain better. And we hope, in the second decade of the new century, more Spanish people will turn their friendly eyes to China and become part of the exchanges with China. Together, let's embrace a brighter future of mankind.The author is a member of the Standing Committee of the Political Bureau of the CPC Central Committee, vice-premier of the State Council and deputy secretary of its Leading Party Members' Group.

来源：资阳报