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BEIJING, Jan. 7 (Xinhua) -- The two-day National Financial Work Conference concluded Saturday, laying out development plans for the financial sector in the coming five years, according to a statement released after the meeting.Chinese Premier Wen Jiabao was present at the conference and delivered a keynote speech.Such a conference is held every five years. Similar meetings were held in 1997, 2002 and 2007.

SAN FRANCISCO, Nov. 11 (Xinhua) -- Google will launch its new music service next week, U.S. media reported on Friday.In an emailed invitation, Google said it will hold an event called "These Go to Eleven" next Wednesday in Los Angeles, which is expected to be the debut of Google Music, tech news website The Verge reported.Google is reported to be adding new features over the current version of its music service, such as a MP3 music store with connection to its social network Google+.According to a separate report from technology news site CNET on Friday, Google has not yet got licensing deals with all four of the major labels -- Universal Music Group, Warner Music Group, Sony Music Entertainment and EMI.Google introduced a beta version of its music service called Music Beta in May, enabling users to upload their entire music libraries for free to Google servers and stream songs from any browser or Android-based devices.Since the search giant failed to come to license agreements with major music labels at the time, Music Beta is essentially a massive cloud storage hard drive.

BEIJING, Jan. 20 (Xinhuanet) --The air quality has worsened in the Chinese capital since Wednesday, triggering renewed discontent among residents.Without rainfall and wind to dispel pollutants, particulate matter has been accumulating in the air. Most monitoring stations measured PM 10 (particulate matter smaller than 10 micrograms) at higher than 300 micrograms a cubic meter.In southwestern Beijing's Fangshan district, the Liangxiang station recorded 516 micrograms of PM 10 a cubic meter, the highest reading of the day, according to the Beijing Municipal Environmental Monitoring Center.More than 150 micrograms a cubic meter is considered hazardous to health.Beijing has been shrouded by heavy smog off and on this winter, and the ongoing air concerns are wearing on residents particularly as they prepare to celebrate the Spring Festival holiday next week."I almost got choked by the smog when I stepped out of the office building on Wednesday," said Yang Yanli, 24, an accountant. "The smell is so terrible, as though I'm inhaling chunks of coal, that it has spoiled my holiday mood.""PM 10 intensity has been particularly high these days," said Wang Qiuxia, a researcher at the Green Beagle, a non-governmental organization based in Beijing.Unlike the smog that hit mostly the southern part of the capital on Jan 1, the smog in recent days has shrouded the entire city, according to the Beijing environmental protection bureau.Worse yet, it will linger until Saturday, when the wind will pick up and disperse it, the bureau predicted.The Chinese Center for Disease Control and Prevention suggests people stay at home to protect themselves from respiratory and heart problems triggered by heavy smog."The intensity of indoor pollutants is 30 to 60 percent lower than those outdoors during a hazy day," said Xu Dongqun, an officer with the environmental bureau. "I suggest people with respiratory problems put off traveling if the smog lingers."But many people said they had to brave the foul air to travel, especially migrants who are eager to reunite with their families during Spring Festival."No one likes to travel when the air is this bad, but do you have any choice when Spring Festival is coming?" asked Feng Xiao, a public servant at China's General Administration of Sport. The 24-year-old plans to travel by train from Beijing to her hometown in East China's Shandong province on Friday.

BEIJING, Nov. 7 (Xinhua) -- Chinese President Hu Jintao will meet with his U.S. counterpart, Barack Obama, at the 19th Asia-Pacific Economic Cooperation (APEC) Informal Leadership Meeting, said China's Assistant Foreign Minister, Wu Hailong, on Monday.He said the APEC summit will be held from Nov. 12 to 13 in Hawaii, with the theme of "seamless regional economy."According to Wu, speaking at a Foreign Ministry media briefing, Hu will attend the "APEC Leaders' Informal Meeting, Leaders' Dialogue with Representatives from APEC Business Advisory Council, and APEC CEO Summit."China hopes the APEC members will implement the economic growth strategy agreed last year, striving to achieve a balanced, inclusive, sustainable, innovative and safe economic growth, said Wu.China expects the APEC members to comprehensively promote regional trade and investment liberalization, he said, adding that all member states should fulfill their commitments and oppose all forms of trade protectionism.Wu said APEC should strengthen economic and technical cooperation to enhance the development ability of the developing members, and therefore to achieve common prosperity."APEC members generally hold positive attitudes toward U.S. proposals in various fields such as green growth, innovation policy. But some of the U.S.'s expected outcomes are beyond the capacity of the developing members, and they have expressed their difficulties and concerns," Wu said."However, all parties hope this meeting will achieve balanced and practical results".Assistant Commerce Minister Yu Jianhua said major topics to be discussed at the summit would include pushing forward the Doha Round negotiations, opposing trade protectionism, promoting green growth, and cooperation on developing regulations to govern emerging industries.He said China hopes the meeting will further promote the liberalization and facilitation of trade and investment in the Asia-Pacific region, push forward economic and technology cooperation, support multilateral trade systems, oppose trade protectionism, so as to inject vitality into world economic recovery and growth.On safeguarding the multilateral trade system, Yu said the decade-long Doha round talks have entered a critical period and the summit should be a strong voice for the early completion of the talks as well as joint resistance against trade protectionism.He said the APEC members should make joint efforts to remove discriminatory trade restrictions on high-tech products, and promote technology transfer and cooperation, so as to enable all members to benefit.On green growth, he said as APEC members differ sharply in their basis, conditions and levels in developing a green economy, the liberalization of environmental products and services should be pushed steadily.He also called on the developed economies to enhance capital and technical support for the developing economies, helping them in achieving their potential for sustainable development.

SAN FRANCISCO, Nov. 1 (Xinhua) -- Yahoo, which has been rumored to sell all or part of its business, announced on Tuesday that it is buying data-driven advertising network Interclick for around 270 million U.S. dollars.Interclick is a technology company providing data targeted solutions and optimization technologies."This investment underscores our focus on enhancing the performance of both our guaranteed and non-guaranteed display business across Yahoo and our partner sites and, combined with Yahoo's reach and advertising leadership, will deliver a powerful solution for marketers," said Ross Levinsohn, Yahoo's executive vice president for the Americas region.Some analysts said Interclick's technology could help Yahoo to grow its display advertising market share as Google and Facebook have gained on or surpassed the company in the area.But the acquisition also raised questions considering Yahoo's financial situation after it reported last month its revenue in the last quarter decreased by 5 percent year-over-year. The company is also in a chief executive officer (CEO) search following the firing of former CEO Carol Bartz in September and amidst reports of a possible takeover.Although in a financial struggle, Yahoo still has around 700 million unique monthly visitors and its news division is the biggest online news site with around 81.2 million unique visitors in August.Tech giants like Google and Microsoft are reported to be considering providing finance for the acquisition of Yahoo by another company or a group of companies.In a report on Monday, Bloomberg News reported that Yahoo is leaning toward selling Asian assets and redistributing the proceeds to shareholders, rather than selling itself to a group of buyers. Yahoo's shares fell more than 5 percent after the possibility was reported.