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BEIJING, Nov. 7 (Xinhua) -- Premier Wen Jiabao will attend the opening ceremony of the third Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries, to be held in Macao later this month.Wen will attend the function and inspect the Macao Special Administrative Region during a visit slated from Nov. 13 to 14, said a statement from his office Sunday.

ROME, Oct. 7 (Xinhua) -- Chinese Premier Wen Jiabao, who is on a four-nation tour in Europe and Asia, held talks with Italian Prime Minister Silvio Berlusconi in Rome on Thursday.The two leaders exchanged views on bilateral relations and relations between China and Europe.Wen arrived here Wednesday night after a three-day visit to Belgium. He had visited Greece and is to visit Turkey.

JERUSALEM, Oct. 13 (Xinhua) -- Visiting Chinese Middle East envoy Wu Sike on Wednesday met with Israeli Deputy Prime Minister Dan Meridor in Jerusalem. They discussed Sino-Israeli relations and the current status of the Middle East peace process.China has consistently advocated that all concerned parties settle their differences through negotiations, and achieve comprehensive peace in this region, said Wu. The direct talks between Israel and the Palestinians, which started early September, is an important opportunity in the peace process, and has firm support from China, he added.Wu said that China is deeply concerned about the present stalemate in the talks. Chinese government calls for efforts from all parties to show flexibility and compromise on various issues, including settlement construction, so as to put the negotiation back on track, reach a final-status agreement, and realize peaceful coexistence between Israel and the Palestinians, he said.Meridor speaks highly of the active role China has played in promoting the Middle East peace process. Israel is now working to achieve the two-state solution, he said, adding that his government is willing to coordinate with other parties and find a solution to break the deadlock in direct talks.Israel is the second leg of Wu's Middle East tour, which will take him also to Palestinian territories, Egypt and Turkey.Israel and the Palestinians resumed direct negotiations on September 2 in the United States. However, the talks were halted when Israeli settlers restarted building in the West Bank after Sept. 26, when a 10-month settlement freeze ended. The Palestinian National Authority has made clear that it will enter the parley only if Israeli government extends the moratorium.

BEIJING, Nov. 3 (Xinhua) -- China's banking regulator on Tuesday said the banking industry, pillar of the nation's financial system, has an important role to play in transforming the country's economic growth pattern as it highlighted four areas in boosting the process.Jiang Dingzhi, vice chairman of the China Banking Regulatory Commission, on Tuesday urged more efforts be made by the nation's banking sector in expanding consumption-related loans amid the government calling to boost domestic consumption.More channels should be opened to meet the varied consumption needs from residents as financial support should lean on the construction of affordable housing. Loans to property developers who make small and medium-sized homes at medium and low prices should be met, but be restricted to them for speculative purposes, Jiang said.Also, the structure of bank credit should be further optimized in line with the restructuring of the nation's economy, Jiang said at an industrial forum held here Tuesday.This could mean polluting and energy-intensive companies may face more difficulties in obtaining loans from banks.Meanwhile, Jiang urged banks to improve their financial services in the rural areas in China as part of the coordinated development between the rural and urban areas.Further, Jiang said banks should work to improve the availability of financial support for small-sized companies and low-income residents.Jiang said total outstanding bank loans to small-sized companies stood at 7.1 trillion yuan (1.1 trillion U.S. dollars) by the end of September, an increase of 22.3 percent, or 1.3 trillion yuan, compared to the beginning of the year.The growth rate was higher than the average 14.5 percent increase of new loans for all companies during the period, Jiang said.

BEIJING, Oct. 15 (Xinhua) -- Property prices in 70 major Chinese cities rose 9.1 percent year on year in September, the slowest growth rate this year, the National Bureau of Statistics (NBS) said Friday.The rate was down 0.2 percentage points from the 9.3-percent growth rate in August, a statement on the NBS website said.On a month-on-month basis, prices rose 0.5 percent in September.New home prices climbed 11.3 percent year on year in September, also up 0.5 percent from August.Prices for second-hand homes rose 6.2 percent from a year earlier and 0.5 percent on a month-on-month basis.Real estate investment continued to expand in the first three quarters, with the total standing at 3.4 trillion yuan (511.4 billion U.S. dollars), up 36.4 percent from the same period in 2009, the statement said.The property price growth rate peaked this year at 12.8 percent in April.To curb excessive rises in housing prices, the central government introduced a raft of policies in April, including higher down payments and an end to mortgage discounts.It also encouraged local governments to build more affordable housing to increase the supply of housing for low-income people.On Sept. 29, the government announced further measures to check the continuous rise in property prices, including by banning loans for third home purchases and instituting a 50 percent down payment requirement for second-home purchases and a 30 percent down payment for all first-home purchases.Xue Jianxiong, an analyst with the China Real Estate Information Corporation (CRIC), said the overheated property market will likely cool in the next few months.These government's moves will cause transaction volumes to tumble and ease price-increase expectations, Xue added.

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