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TIANJIN, March 21 (Xinhua) -- The construction of a new express railway section between two cities near Beijing was kicked off Sunday, which, when completed, is expected to further speed up economic integration around the Chinese capital.The 158-km-long railway linking coastal Tianjin and Baoding in Hebei Province will shorten the journey between the two cities to less than an hour.The project is part of the railway network that covers Beijing, Tianjin and cities in Hebei."The network will serve as an important impetus for the integration of the cities around Beijing," said Wang Ailan, a researcher with the Tianjin Academy of Social Sciences.An express railway between Beijing and Tianjin was put into operation in August 2008, shortening the 120-km journey between the two municipalities to only 30 minutes from the previous 74 minutes at least.The intercity railway network is centered at Beijing and Tianjin, and all the cities covered by the network, including Hebei provincial capital Shijiazhuang and coastal Qinhuangdao, can reach each other within two hours' rail ride, according to the plan .With an investment of 24 billion yuan (about 3.5 billion U.S. dollars) and a designed speed of 250 km per hour, the section between Tianjin and Baoding will serve both passenger and freight trains.The railway between Tianjin and Qinhuangdao, which is under construction, boasts a designed speed of 350 km per hour and will cut the trip between the two cities to 50 minutes when completed. Currently, the fastest train journey between the two port cities is about two hours.A high-speed passenger rail between Beijing and Shijiazhuang is also under construction. By 2012, 11 cities in Hebei will be covered by high-speed rails, and by 2020, the intercity railways between Beijing, Tianjin and cities in Hebei will reach 710 kilometers.

BEIJING, Feb. 23 (Xinhua) -- Access to finance for China's small enterprises generally improved in 2009, but still was not good enough, said the country's top banking regulator on Tuesday.Outstanding loans to small Chinese enterprises added to 5.8 trillion yuan (849 billion U.S. dollars) as of the end of 2009, China Banking Regulatory Commission (CBRC) said in a statement posted on its website.The figure accounted for 22 percent of total corporate loans by the end of last year, 1 percentage point higher than a year ago, said the CBRC.The CBRC data showed that the growth rate of new loans to small enterprises in 2009 was 5.5 percentage points higher than that of the total corporate lendings and 0.61 percentage higher than all lendings.China has set a target of keeping the growth rate of new small business loans higher than that of all loans in 2010, and the amount of new loans should be bigger than the previous year, said the CBRC."Small enterprises" in China refers to those with assets worth less than 10 million yuan or annual sales less than 30 million yuan, according to a CBRC document.Last December, China promised to help improve the financing mechanisms to help small and medium enterprises (SMEs), as they were worst hit by the financial crisis and have had difficulty securing loans as commercial lenders preferred state-owned enterprises and large key projects, as the risk was not as great.SMEs refers to enterprises whose annual business revenue is below 300 million yuan. But in retail and accommodation industry, the maximum annual business revenue is 150 million yuan for an SME.

BEIJING, Feb. 10 (Xinhua) -- Chinese President Hu Jintao on Wednesday urged the role of non-communist parties and personages in helping achieve the national goal for social and economic development in the new year."We must rely on all Chinese people, including various democratic parties, societies, ethnic groups and people from all walks of life and in different stratums to achieve this year's goal for economic and social development," said Hu at a symposium here Wednesday to mark the Spring Festival, or Chinese Lunar New Year, which falls on Feb. 14 this year.At the event, Hu extended New Year's greetings and best wishes to all people from the non-communists parties and the All-China Federation of Industry and Commerce and those without party affiliations.Chinese President Hu Jintao (3rd R), who is also General Secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission (CMC), speaks during a meeting with representatives of non-communist parties ahead of the Spring Festival in Beijing, capital of China, Feb. 10, 2010Hu expressed appreciation for their hard work last year as they offered valuable suggestions for coping with the financial crisis and maintaining stable and relatively fast economic growth, urging them to continue giving such suggestions.Non-communist parties' leaders at the gathering gave opinions on various issues including the transformation of the economic growth mode, expansion of private investment, development of ethnic regions, compulsory education in rural areas and economic and cultural exchanges between the mainland and Taiwan, among others.The meeting was chaired by Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference.

BEIJING, March 1 (Xinhua) -- Chinese Vice Premier Hui Liangyu Monday urged local authorities to step up efforts to prevent forest and grassland fires as a severe drought put south China on a high fire alert.Authorities should beef up the supervision of fire sources, and respond scientifically to emergencies to curb major fires and casualties, and protect the public and forests and grassland, Hui said at a teleconference held by the State Council, or the Cabinet.A prolonged drought, which started last autumn, has hit southwest, south and parts of north China.According to the State Forestry Administration (SFA), from November to January, China reported 1,945 forest fires, which damaged 5,112 hectares of forests and killed two people.

SHANGHAI, Jan. 18 (Xinhua) -- Chinese President Hu Jintao has called for more efforts to promote independent innovation and upgrading of the industrial structure during his inspection tour to Shanghai which ended Sunday.     Hu visited scientific research bases, industrial parks and workshops of enterprises during the four-day tour, making investigations and research on the transformation of the mode of economic growth and work to promote sound and fast economic and social development. Hu Jintao (2nd L, front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, tries the TV and video communication functions of a mobile phone as he inspects Spreadtrum Communications, Inc., in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17Hu stressed promoting independent innovation and making breakthroughs in core technologies. Such breakthroughs would provide strong support for the transformation of the mode of economic growth, he said.     During his visit to Commercial Aircraft Corporation of China, Ltd., Hu said that the Communist Party of China (CPC) Central Committee had made a strategic decision to develop large passenger aircraft. He expressed hopes that the company stick to independent innovation and succeed at an early date. Hu Jintao (4th R), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, inspects Shanghai Synchrotron Radiation Facility (SSRF) project, in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. At the Spreadtrum Communication, Inc., a high-tech company founded by returned overseas students, Hu said independent innovation is the lifeline of a company. He told the company staff "I hope you could make further breakthroughs in core technologies, so as to boost China's communication industry."     Hu also inspected the modern service industry in Shanghai.     When visiting the logistic park of Shanghai Waigaoqiao Free Trade Zone, Hu said logistic industry plays a crucial part in building Shanghai into an international economic, financial, trade and shipping center. Hu Jintao (C), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, inspects the heavy equipment manufacturing base of Shanghai Electric Group Co., Ltd. ,in Shanghai, east China, on Jan. 15, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. At China UnionPay, a joint stock financial service company that has issued more than 2.1 billion bank cards in the country, Hu urged the company to make UnionPay an international brand.     Hu also visited the Shanghai Synchrotron Radiation Facility project, Shanghai Electric Group and a creative industrial park.     At the end of the inspection tour, Hu heard the work report by the CPC Shanghai municipal committee and the Shanghai government. He highly appreciated the work in Shanghai in recent years. Hu Jintao (front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, tries the bankcard service of China Unionpay (CUP) as he inspects CUP in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. He called on the cadres and people in Shanghai to stage a "successful, brilliant and memorable" World Expo.     Hu said China should take the international financial crisis as an opportunity to restructure the industry and enhance independent innovation, so as to shift the pattern of economic growth.     Hu also urged to promote energy conservation, emission reduction and eco-protection, as well as to improve people's livelihood, so that the shift of economic growth pattern could benefit the general public. Hu Jintao (R front), general secretary of the Central Committee of the Communist Party of China, Chinese president and chairman of the Central Military Commission, shakes hands with young members of the research and development team as he inspects Spreadtrum Communications, Inc., in Shanghai, east China, on Jan. 16, 2010. Hu Jintao made an inspection tour in Shanghai on Jan. 14-17. 

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