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BEIJING, Aug. 10 (Xinhua) -- China's home prices continued to rise in July as bank loans surged and the country's economy improved. Home prices in 70 large and medium-sized Chinese cities rose 1 percent in July from a year earlier, according to a joint statement issued Monday by the National Development and Reform Commission and the National Bureau of Statistics. The prices climbed 0.9 percent from June, which saw a 0.8 percent gain over May. Prices of new homes in the listed cities rose 0.3 percent year on year in July, and 1.1 percent from June. New home prices increased in 43 cities, including eastern Ningbo City and northwestern Yinchuan City, which saw growth rates of 6.4 percent and 5.4 percent respectively. Graphics shows China's housing sales price in July increased 1.0 percent year-on-year in 70 large and medium-sized cities, according to the State Bureau of Statistics on Aug. 10, 2009. Prices fell in 26 cities. The northern city of Shijiazhuang and southern city of Shenzhen witnessed price drops of 5.5 percent and 4.6 percent in July year on year. Second-hand homes in the 70 cities rose 3 percent in July from the same period last year and 0.9 percent from June. In the first seven months, property investment hit 1.77 trillion yuan (259.44 billion U.S. dollars), up 11.6 percent year on year. The rise was1.7 percentage points higher than the first six months. Over the same period, the floor area of property sold stood at 417.55 million square meters, up 37.1 percent year on year. The value of property sales jumped 60.4 percent to 1.96 trillion yuan. Chinese banks lent a record 7.37 trillion yuan of yuan-dominated loans in the first half, exceeding the annual target of 5 trillion yuan. The country's central bank announced earlier this month that new loans to home buyers in the first half rose by 263.3 billion yuan year on year to 479.3 billion yuan, boosted by an improving property market performance. New credit for property developers increased by 221 billion yuan year on year to 403.9 billion yuan, said the central bank. Premier Wen Jiabao reaffirmed over the weekend that the government's relaxed monetary policy would continue.
BEIJING, Oct. 13 (Xinhua) -- Chinese top political advisor Jia Qinglin Tuesday urged more efforts to perfect the system of multi-party cooperation and political consultation under the leadership of the Communist Party of China(CPC). Speaking at a seminar to mark the 60th anniversary of the founding of the Chinese People's Political Consultative Conference (CPPCC), CPPCC Chairman Jia said the system is an inevitable choice for China to press ahead with its social and political development. Efforts should be made to give full play to the unique advantages of the CPPCC, the top political advisory body, he said. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), speaks at a seminar marking the 60th anniversary of the founding of the CPPCC, in Beijing, capital of China, on Oct. 13, 2009. The system is in conformity with China's national conditions and has strong Chinese characteristics, according to Jia. The system has made important contributions to the country's modernization drive, he said, adding it also played an irreplaceable role in the country's revolutionary cause, reform and opening-up endeavor and the construction of a well-off society. Jia also urged efforts to embrace innovation in the development of the system. The CPPCC was founded in 1949, the year that the People's Republic of China was founded.
BEIJING, Sept. 29 (Xinhua) -- Senior Chinese leader Li Changchun Tuesday asked the People's Publishing House, China's oldest publisher of books on the Party and politics, to actively use new media to expand its influence. Li, a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, said during a visit to the publishing house that it should invigorate its development. Li Changchun (2nd R, front), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, shakes hands with an old worker during his visit to the People's Publishing House, China's oldest publisher of books on the Party and politics, in Beijing, capital of China, Sept. 29, 2009.Acknowledging the company's achievements, Li said it should increase investment, further reform income distribution and human resources management. He also urged the publisher to raise its international profile by publishing more books on the successful theories and practices of socialism with Chinese characteristics. It would contribute to improving the country's soft power, he said. Li Changchun (3rd L, rear), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, speaks during a symposium during his visit to the People's Publishing House, China's oldest publisher of books on the Party and politics, in Beijing, capital of China, Sept. 29, 2009. The house should endeavor to nurture a group of foreign-language literate talents who not only understood China's national situation, but also had a global view, Li said. He said the house should earnestly implement the gist of the Fourth Plenary Session of the 17th CPC Central Committee that concluded in mid-September. The CPC session decided to expand democracy within the Party and better fight corruption. The People's Publishing House was founded in 1921 and rebuilt in 1950. It is a well-known publisher of works on philosophy and social sciences. Li Changchun (3rd R), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, visits an editing room of Marxism-Leninism during his visit to the People's Publishing House, China's oldest publisher of books on the Party and politics, in Beijing, capital of China, Sept. 29, 2009
PYONGYANG, Sept. 17 (Xinhua) -- Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK), met with Dai Bingguo, Chinese state councilor and special envoy of Chinese President Hu Jintao, here Thursday to discuss relations between their two countries. Kim asked Dai to convey his greetings to his Chinese counterpart, Wu Bangguo, and offered congratulations on the 60th anniversary of the founding of the People's Republic of China. Kim expressed his wish that the Chinese people, under the leadership of the Communist Party of China, will continue the country's modernization drive. Kim reiterated that it is the unshakable stand of the Worker's Party of Korea and the DPRK government to consolidate and further promote the traditional DPRK-China friendship. He said the DPRK side would work with the Chinese side to push forward DPRK-China relations. Dai conveyed Wu Bangguo's greetings, saying the Chinese government and the Chinese people treasured the friendship with the DPRK, and would strengthen the exchange and cooperation with the DPRK side to write together a new chapter of the friendship. This year also marks the 60th anniversary of the establishment of diplomatic ties between the two countries and has been named the Year of China-DPRK Friendship. After the meeting, Dai and Kim watched the debut of the opera, "The Dream of the Red Chamber" at the Pyongyang Grand Theater. The opera, based on a Chinese classic, was staged first in the 1960s under the initiative and instruction of late DPRK president Kim IlSung. The opera has been renovated and re-staged as a major event in the Year of China-DPRK Friendship. DPRK top leader Kim Jong Il has taken a strong interest in its development and has watched a rehearsal.