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BEIJING, Aug. 31 (Xinhua) -- China's banking regulator will strictly implement the central government's macroeconomic policies that aim to curb soaring housing prices, an official said Tuesday.Ye Yanfei, deputy head of the Statistics Department of the China Banking Regulatory Commission (CBRC), said the CBRC will restrain speculative property investment and support the building of affordable housing while controlling risk.China's housing market and lending to the property sector are crucial to the national economy and people's livelihood, as well as to the stable and steady development of the nation's banking sector, Ye said at a seminar in Beijing.Ye's remarks come after the banking regulator said it would further "instruct and monitor" commercial banks' efforts to strengthen the management of lending to home-buyers.Ye's comments echo those of Zhang Ping, director of the National Development and Reform Commission, who said last Thursday in a report to China's top legislature the government will "further implement the measures meant to curb excessive gains in housing prices and resolutely restrain speculative property investment in the second half the year."Ye also said the CBRC has pushed lenders to test the impact of falling house prices, although the regulator said earlier that hypothetical scenarios examined in stress tests do not herald any change in policyHousing prices in major Chinese cities rose 10.3 percent year on year in July, slower than the 11.4 percent growth rate in June, according to official figures.On a monthly basis, housing prices in June fell 0.1 percent from May and July prices were unchanged from June.

NEW YORK, Sept. 22 (Xinhua) -- China on Wednesday urged all parties to seize "new opportunities" to find a diplomatic solution to the Iranian nuclear issue.Chinese Foreign Minister Yang Jiechi made the remarks in a meeting on Iran with his counterparts from the United States, Russia, Britain, France and Germany in New York."At present, there are new opportunities in advancing the diplomatic solution to the Iranian nuclear issue," Yang said."All parties should use the positive elements in the current circumstances to further enhance diplomatic efforts so as to push the Iranian nuclear issue back to the track of dialogue."Yang said that China will continue to play a "constructive role " in the international community's effort to find "a comprehensive, lasting and fair" solution to the Iranian nuclear issue.A statement issued after the foreign ministers' meeting called for an "early negotiated solution" to the Iranian nuclear issue.The foreign ministers are "ready to engage with Iran," the statement said.The six-nation ministerial meeting on Iran was held on the sidelines of a UN high-level meeting on the Millennium Development Goals (MDGs).

HEFEI, Sep. 4 (Xinhua) -- Innovation in Chinese enterprises is steadily increasing with more patents filed and more funds invested in research and development (R&D), the China Enterprise Confederation (CEC) said Saturday.The top 500 Chinese enterprises possessed 169,000 patents in 2010, up 13.3 percent from last year, according to a report released by the CEC.Among the top 500 companies, 41 had more than 1,000 patents, while 36 companies owned more than 200 patents for innovations, the report said.Chinese enterprises were also investing a larger share of their revenues into R&D.Each of the top 500 firms allocated, on average, 775 million yuan (113.93 million U.S. dollars) into R&D, an increase of 14.4 percent from 2009 and accounting for 1.4 percent of their total revenues, the CEC said.Of the 500 firms, 17 spent more than five percent of their revenues on R&D, while another 60 enterprises invested from five to 10 percent of their revenues into R&D, according to the report.In 2009, China filed 7,946 international patents, up 29.7 percent from 2008 and ranking fifth in the world, according to the World Intellectual Property Organization (WIPO).

BRUSSELS, Oct. 5 (Xinhua) -- Premier Wen Jiabao reaffirmed Chinese positions and perspectives on issues such as strengthening global financial and economic regulation and promoting sustainable development at the eighth Asia-Europe Meeting (ASEM) held here on Monday and Tuesday.Wen said currently the world economy sees slow recovery but still faces great uncertainty.All countries should continue to prioritize consolidating the momentum of the economic recovery and maintain proper macroeconomic policies. They should also take prudent and sound approach to decide when and how fast they should apply the exit policy, Wen said.The ASEM members should enhance cooperation to strengthen global financial and economic regulation, tackle the root cause of the international financial and economic crisis and promote the vigorous, sustainable and balanced growth of the world economy.China will continue to support the European countries beset with the sovereign debt crisis and help them overcome the difficulties, the premier said.Wen said the Chinese government has always paid great attention to the global warming issue.Under the extremely difficult circumstances of the global financial crisis, the Chinese government is still working hard and this year China is expected to fulfill the basic target of reducing energy consumption per unit of gross domestic product, he said.China is willing to continue to provide support in its capacity for other developing countries on fighting global warming within the frameworks of South-South cooperation and bilateral cooperation, he said.Beijing will, as always, play a positive and constructive role to work together with other countries for comprehensive, balanced and binding results at a major conference on climate change scheduled for later this year in Cancun, Mexico, Wen said.The premier said currently global issues such as energy and food security, natural disaster, terrorism and piracy pose a serious threat to the economic development and social stability in Asia and Europe.Countries should join hands to tackle food security, a pressing task that needed to be solved as a top priority, Wen said.Therefore, Wen said, countries should make every effort to raise grain production, which was the key to solving food security, strengthen agricultural policy coordination, consistently improve agricultural products trade environment, actively push forward exchange and cooperation in agricultural science and technology, try hard to boost the capability in preventing and fighting natural disasters and enhance food assistance to developing countries that suffer from food shortage.

BEIJING, Oct. 20 (Xinhua) -- China must improve the quality, accuracy and credibility of statistics to better serve the country's social and economic development, said Chinese Vice Premier Li Keqiang in a letter addressed to a ceremony on Wednesday in Shanghai marking the first World Statistics Day.A relatively standardized modern statistics system that conforms to China's national conditions and international standards have basically taken shape in China, according to the letter received by Xinhua on Wednesday.Li said that as China will soon enter into the 12th five-year development period (2011-2015), it must push forward the development and reform of statistics gathering to provide accurate and comprehensive information in a timely way.Li also said the Chinese government will continue to strengthen international exchanges and cooperation in the realm of statistics.The World Statistics Day, initiated by the United Nations, aims to promote knowledge about statistics among the public.