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BEIJING, Oct. 12 (Xinhua) -- China's ruling Communist Party said on Sunday that it would strive to double the per-capita disposable income of rural residents by 2020 from the 2008 level. The goal was part of the decision made at the close of the third Plenary Session of the 17th Communist Party of China (CPC) Central Committee, which focused on issues concerning rural reform and development. Hu Jintao, general secretary of the CPC Central Committee, delivered a work report at the four-day plenum, held from Oct. 9 to 12 in Beijing. The government would also boost consumption of rural residents by a big margin and basically eliminate absolute poverty in rural areas by 2020, according to a communique issued on the plenum's conclusion. Hu Jintao, general secretary of the Communist Party of China (CPC) Central Committee, delivers an important speech at the third Plenary Session of the 17th CPC Central Committee in Beijing, Oct. 12, 2008. The third Plenary Session of the 17th CPC Central Committee was held from Oct. 9 to 12 in Beijing. Per-capita disposable income was recorded at 4,140 yuan (605.6 U.S. dollars) in rural areas in 2007, a year-on-year gain of 9.5 percent in real terms. A rise of at least 6 percent was expected for 2008, according to a government report in March. The rural population mired in absolute poverty was reduced to 15 million last year, down from 250 million in 1978. Targets set at the plenum for rural reform and development till 2020 also included "improving the system of economic growth in the countryside and establishing a mechanism to integrate urban and rural areas in terms of economic growth and social development". "The modernization of agriculture will advance with major progress, and agricultural productivity will be elevated to a higher level, with national grain security and product supplies guaranteed," said the communique. The Central Committee also agreed a goal to improve grassroots democracy in the countryside, and vowed to guarantee equal public services in rural areas, such as education opportunities for all rural residents and better medical services and subsistence support. The communique said there were several "musts" which should be followed: -- strengthening the position of agriculture as the foundation of the national economy and putting the food security of 1.3 billion people as the top priority. -- protecting farmers' rights and ensuring the aim and outcome of all the work of the Party and the state is to realize, safeguard and expand the fundamental interests of the majority of the farmers. -- unremittingly liberating and developing the productive forces in rural areas and make reform and innovation as the fundamental driving force for the development of the rural regions. -- taking into overall consideration the development of both urban and rural regions. -- upholding the Party's role as the leadership in the development of the rural areas. The communique outlined the plan for advancing rural reform and development in the next few years, giving priority to reform and innovation, developing modern agriculture, boosting the capacity of agricultural production, and developing public utilities in rural regions. About the land policy, the communique said it was necessary to maintain and improve the basic system for rural operations and improve the strict management system of land in rural regions. It was also necessary to set up a modern financial system in rural areas and establish a system which would help integrate economic and social development in urban and rural areas. In addition, the communique said it was imperative to enhance standardization of agricultural products and strengthen work on improving quality of agricultural products. "We should strictly conduct supervision in the entire production process and carry out supervisory duty to ensure quality of the products. We should never allow unqualified products to enter the market," it said. A total of 202 full members and 166 alternate members of the Committee attended the plenum, according to the communique. Members of standing committee of the CPC central committee for discipline inspection and top officials of the relevant departments were also present at the session, the communique said. The plenum had also gathered delegates to the 17th CPC National Congress who had been working on agriculture and rural development at grassroots levels, and experts and scholars on agriculture, rural areas and farmers. This meeting was significant because it was the third Plenary Session of the 11th CPC Central Committee 30 years ago that pushed the country on to the road of its historic reform and opening-up drive.
BEIJING, June 11 (Xinhua) -- Senior Chinese leaders have called on Chinese people to concentrate their energy on quake relief and economic and social development at the same time. Li Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the call when meeting quake-relief model workers here on Wednesday. Xi Jinping, who is China's vice-president and also member of the Standing Committee of the Political Bureau of the CPC Central Committee, also met with the model workers. Li Changchun (6th L, 1st row), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, and Chinese Vice President Xi Jinping (7th L, 1st row), also member of the Standing Committee of the Political Bureau of the CPC Central Committee, pose for a group photo with quake-relief model workers before the first lecture on the heroic deeds and thoughts in quake relief efforts, in Beijing, capital of China, June 11, 2008. The model workers made lectures in the Great Hall of the People on their deeds and thoughts in quake relief efforts. Li Changchun said that in fighting against the 8.0 magnitude quake that jolted southwest China's Sichuan Province on May 12, great national solidarity and spirit have been shown. He praised the 37 model workers who came from different occupations, including the military, police, medical services and education, for their courage and engagement at the very front of the relief missions. Li Changchun (3rd R, 1st row), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, and Chinese Vice President Xi Jinping (2nd R, 1st row), also member of the Standing Committee of the Political Bureau of the CPC Central Committee, applaud during the first lecture on the heroic deeds and thoughts in quake relief efforts by quake-relief model workers in Beijing, capital of China, June 11, 2008 Li stressed that all party and government officials in quake-affected areas should not let up in supporting survivors and striving to help them rebuild their homes and the local economy. On the other hand, officials should also make more preparations for the impending Olympics, he said.
BEIJING, Oct. 10 (Xinhua) -- China's central bank on Friday said it will continue international cooperation to tackle the global financial crisis and maintain market stability. The pledge came two days after the People's Bank of China (PBOC) announced an interest rate cut in a co-ordinated global move to revive solvency in the international financial system. The PBOC on Wednesday cut the benchmark lending and deposit rates by 0.27 percentage points and the reserve requirement ratio by 0.5 percentage points amid growing fears of a slowing economy and falling equities market. "The PBOC will continue close contacts and cooperation with counterparts and international financial organizations to jointly maintain stability of global financial market," PBOC spokesman Li Chao told Xinhua. The PBOC would closely watch the developments and effects of the crisis and take timely and flexibly measures according to changes in the domestic and international situations to guard against financial risks, Li said. The global economic slowdown reduced demand for Chinese exports and inevitably affected China's economy, he said. The central bank was fully confident and capable of dealing with the crisis and maintaining stable and relatively fast economic growth. "China has a huge domestic market and the liquidity is abundant," he said. "As long as we take strong measures to boost domestic demand, the economy has big potential for sustainable growth." A PBOC statement on the third-quarter meeting of its monetary policy committee said it would take flexible and prudent macro-economic control measures to boost economic growth. The PBOC was not optimistic in its global economic outlook as intensifying fluctuations in the financial markets had affected the real economy. It said it would boost coordination between monetary policies and fiscal, industry, export and financial regulation policies to help transform economic growth mode and boost domestic demand to balance international payments.
BEIJING, Aug. 4 (Xinhua) -- Chinese President Hu Jintao said here on Monday that the Chinese government and people would honor their commitment of hosting a high-level Olympic Games with distinguishing features in Beijing. "It is also our hope that through the Games, we can show the world the sincere aspiration of the Chinese people to share the benefits of development and to join with the rest of the world in building a bright future," Hu said in a speech delivered at the opening ceremony of the 120th session of the International Olympic Committee (IOC), held in the National Center for the Performing Arts in central Beijing. Chinese President Hu Jintao addresses the opening ceremony of the 120th International Olympic Committee (IOC) session at the National Center for the Performing Arts in Beijing, China, Aug. 4, 2008. The 120th IOC session was opened here on MondayWith just four days before the opening of the 29th summer Olympics, the Chinese president expressed his "heartfelt gratitude" to IOC President Jacques Rogge and all IOC members, for their "important guidance and warm support in many ways" for Beijing during the city's bid and preparation for the Games. Calling the Olympic Games "the largest international sports and cultural event in the world" and "a grand celebration of friendship and peace for mankind," Hu said China hoped the Beijing Games would further promote the development of the Olympic Movement, further spread the Olympic spirit, and further enhance the cooperation in sports and other fields between China and other countries and regions. Chinese top leaders Hu Jintao, Xi Jinping and Zhou Yongkang pose for a group photo with members of the International Olympic Committee (IOC) prior to the opening ceremony of the 120th IOC session in Beijing, China, Aug. 4, 2008. The 120th IOC session was opened at the National Center for the Performing Arts in Beijing on Monday.The president pointed out that the Chinese people are keen on sports, while the Chinese government has attached great importance to the development of sports and has made great efforts to improve the whole nation's physical quality and health level. "In the last three decades of reform and opening-up, China has made not only rapid economic development and social progress, but also great achievements in sport," he noted. Sport has played a vital role in promoting China's social and economic development, and served as a major bridge for China's exchange and cooperation with the outside world, he added. Hu praised the modern Olympic Movement for its "outstanding contributions to the progress of world sport, the strengthening of friendship among athletes and people of the world, and the promotion of world peace and development." The Chinese government and people would like to make contribution to the progress of the Olympic Movement and to the building of a harmonious world of perpetual peace and common prosperity, said the president. The Beijing Olympic Games are slated to open on Friday evening in the National Stadium, dubbed the Bird's Nest, in north Beijing.
BEIJING, Aug. 4 (Xinhua) -- Chinese President Hu Jintao said here on Monday that the Chinese government and people would honor their commitment of hosting a high-level Olympic Games with distinguishing features in Beijing. "It is also our hope that through the Games, we can show the world the sincere aspiration of the Chinese people to share the benefits of development and to join with the rest of the world in building a bright future," Hu said in a speech delivered at the opening ceremony of the 120th session of the International Olympic Committee (IOC), held in the National Center for the Performing Arts in central Beijing. Chinese President Hu Jintao addresses the opening ceremony of the 120th International Olympic Committee (IOC) session at the National Center for the Performing Arts in Beijing, China, Aug. 4, 2008. The 120th IOC session was opened here on MondayWith just four days before the opening of the 29th summer Olympics, the Chinese president expressed his "heartfelt gratitude" to IOC President Jacques Rogge and all IOC members, for their "important guidance and warm support in many ways" for Beijing during the city's bid and preparation for the Games. Calling the Olympic Games "the largest international sports and cultural event in the world" and "a grand celebration of friendship and peace for mankind," Hu said China hoped the Beijing Games would further promote the development of the Olympic Movement, further spread the Olympic spirit, and further enhance the cooperation in sports and other fields between China and other countries and regions. Chinese top leaders Hu Jintao, Xi Jinping and Zhou Yongkang pose for a group photo with members of the International Olympic Committee (IOC) prior to the opening ceremony of the 120th IOC session in Beijing, China, Aug. 4, 2008. The 120th IOC session was opened at the National Center for the Performing Arts in Beijing on Monday.The president pointed out that the Chinese people are keen on sports, while the Chinese government has attached great importance to the development of sports and has made great efforts to improve the whole nation's physical quality and health level. "In the last three decades of reform and opening-up, China has made not only rapid economic development and social progress, but also great achievements in sport," he noted. Sport has played a vital role in promoting China's social and economic development, and served as a major bridge for China's exchange and cooperation with the outside world, he added. Hu praised the modern Olympic Movement for its "outstanding contributions to the progress of world sport, the strengthening of friendship among athletes and people of the world, and the promotion of world peace and development." The Chinese government and people would like to make contribution to the progress of the Olympic Movement and to the building of a harmonious world of perpetual peace and common prosperity, said the president. The Beijing Olympic Games are slated to open on Friday evening in the National Stadium, dubbed the Bird's Nest, in north Beijing.