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BEIJING, March 11 (Xinhua) -- China's February consumer price index (CPI), a main gauge of inflation, is still within normal range, although the figure surged higher than expected last month.CPI rose 2.7 percent year on year in February, 1.2 percentage points higher than January, driven by a 6.2 percent rise in food prices, the National Bureau of Statistics (NBS) said Thursday.Yang Ziqiang, head of the People's Bank of China's Jinan bureau, said the hefty rise is because the Lunar New Year holiday fell in February this year, but in January last year.The Lunar New Year holiday, or Spring Festival, is the most important traditional festival in China for family reunion. People usually spend a lot on food, alcohol, cigarettes and gifts during the period.Yang, also a deputy to the National People's Congress (NPC), China's top legislature, made the sidelines of the ongoing NPC session.China targets a rise of consumer price of around three percent this year, says a government work report delivered by Premier Wen Jiabao at the parliament's annual session on March 5.Yang said severe inflation is unlikely to emerge this year, as market supply still outweighs demand, and government regulation on the real estate industry will help stabilize prices.But he cautioned against the consistent commodity price increases, as the international crude oil prices rebounded to above 80 U.S. dollars a barrel.Li Daokui, a financial professor with the Tsinghua University, said CPI rise exceeds the current one-year deposit interest rate, or 2.25 percent, which will enhance the expectation of interest rate rise.China's CPI ended nine months of decline in November last year, when it rose 0.6 percent, as the economy picked up thanks to the government's stimulus package.However, the unprecedented bank loans last year together with runaway housing prices pushed up fears for inflation and asset bubbles, posing a policy dilemma for the government to balance between sufficient economic growth and containing potential overheating.

BEIJING, Feb. 23 (Xinhua) -- "Livelihood issues" are Chinese people's top concerns as shown in on-line polls ahead of the annual parliamentary and political advisory sessions.Chinese netizens have voiced their complaints on-line and hope their voices could be heard by top leaders, national lawmakers and political advisors, who will soon gather in Beijing for the two sessions.Pension, housing and health care are among the top concerns, according to polls conducted by people.com.cn of Party's flagship newspaper People's Daily, xinhuanet.com of Xinhua News Agency and cctv.com of the state-run TV network."Pension" has earned 25,508 votes at people.com.cn, followed by anti-corruption, housing price, the income gap, employment and health care, among others. "Pension" also ranked among the top five concerns at cctv.com.Netizens called for the scraping of the long-time "dual pension scheme," in which civil servants and other public employees were entitled to pensions several times the amount of citizens employed by non-public entities."The current pension scheme widens the wealth gap," a person posted at xinhuanet.com.The amount of pension given to ordinary citizens was determined by one's monthly payment dedicated to their social security account before they retired, and is fixed to the average social income.Retirees of non-public entities get much less than their salary before retirement. But the amount of pension government employees get is almost the same as they got before retirement, sometimes two or three times higher than a factory worker.The government raised the pension for ordinary citizens by 10 percent, or 120 yuan monthly per person, starting from Jan. 1, 2010. This is the sixth time the pension has been raised since 2005. But the amount still cannot match that of civil servants'.HOUSING PRICE"Housing" is the top concern in the survey hosted by xinhuanet.com and has attracted a huge amount of comments on-line.Traditionally in China, an apartment of one's own is a must-have for marriage, although the government has tried to encourage young people to rent rooms before they buy one.As housing price in large Chinese cities have kept soaring over the past years, the government has been working on plans to increase public rental housing and build more government subsidized affordable houses.But a report from the Standing Committee of the National People's Congress, the top legislature, said construction of low-income houses was behind target, with only about 23 percent of investment realized by the end of last August.According to the Beijing Municipal Statistics Bureau, the city's average annual income in 2008 was 44,715 yuan, while urban apartments were selling for an average 15,581 yuan per square meter.An apartment of 80 square meters costs almost 1.25 million yuan, which would require a family of two wage-earners to repay with half their salaries for 30 years.The past year saw a 24 percent increase in housing prices nationwide, according to a report from the real estate association of the All-China Federation of Industry and Commerce earlier this month."Hi, Premier Wen, we hope you can help us. Houses are for the rich but not for ordinary people like us. Even in my hometown, a small city as Shandong's Zibo, houses are too expensive for us. We hope the central government can address this problem," a post said at xinhuanet.com.

BEIJING, March 22 (Xinhua) -- Chinese Premier Wen Jiabao said here Monday that an upcoming high-level political and economic dialogue would be "very important" for China and the United States to solve problems the two countries have regarding trade and currency.The second round of the China-U.S. Strategic and Economic Dialogue, slated for May in Beijing, "will be a chance for China and the United States to settle disputes and problems," Wen told a group of overseas entrepreneurs attending a two-day forum in Beijing."We attached great importance to the dialogue," he added. Chinese Premier Wen Jiabao (R) meets with foreign delegates attending the two-day China Development Forum 2010, in Beijing, China, March 22, 2010Wen's remarks came as the U.S. is pressing China to appreciate the yuan and limiting Chinese products from entering its market by raising trade barriers."The China-U.S. relationship is of great importance," Wen said, noting it concerns the fundamental interests of the two peoples, and its significance goes further than that.Highlighting trade ties of overall bilateral relations, Wen said he believes some existing differences and problems could be solved through fair consultation."Looking back, the disputes and differences between China and the United States have been settled one by one, leading to an increasingly close political and economic relationship," said the premier.He said China welcomes American enterprises to explore business in China, and would expand imports from the United States in the future.The China Development Forum, with a theme of "China and the World Economy: Growth, Restructuring and Cooperation", drew over 200 foreign executives from prominent transnationals including Ford, Rio Tinto and Royal Dutch Shell.In response to a question from Chairman of the Morgan Stanley Asia Stephen Roach concerning emerging trade disputes and protectionism, Premier Wen urged all countries and companies not to start trade and currency wars, which would be harmful to the recovery of world economy."We are happy that the world economy shows good signs of recovery, however, some factors make us feel that the recovery will not be so smooth," he said, referring to high unemployment in some big economies, unstable prices of bulk products and inflation.The premier called on people around the world to stay cool-headed at a time when world economy starts to resume. He said China promises not to pursue trade surplus and wants to enlarge the country's imports.He said China's future economic growth relies on technology development, in particular, high technology such as life and biological technologies.As for China's emission cut plan, Premier Wen stressed China regards its energy conservation and emission cut as an important strategy throughout the 11th and 12th five-year plan as well as its future development."We will implement our goal of 40-45 percent reduction of carbon intensity by 2020 in the 12th five-year plan," he said.Concerning China's capital market reform, Wen acknowledged that some problems still exists in the management and monitoring of the financial sector, adding China is determined to establish an "integrated, sound and sustainable" financial system.China would combine direct and indirect financing to expand the role of the capital market, he said. Chinese Premier Wen Jiabao (C) walks with foreign delegates attending the two-day China Development Forum 2010 before their meeting in Beijing, China, March 22, 2010

BEIJING, Feb. 27 (Xinhua) -- A severe drought has affected 69.6 million Mu (about 4.64 million hectares) of arable land and left 12.7 million people and 8.4 million livestock short of drinking water, said China's drought relief authorities Saturday.The figures nearly doubled the average level for corresponding periods over the past years, according to the State Flood Control and Drought Relief Headquarters.The drought had caused huge losses and serious drinking water shortages in the affected areas, said Liu Ning, vice minister of water resources.Local governments have put 750 million yuan (110 million U.S. dollars) and mobilized nearly 9 million people to cope with the draught, which temporarily helped 7.4 million people and 3.6 million livestock out of drinking water shortages, Liu said.He called for prompt allocation of more relief funds from the central government and more efforts to ensure drinking water safety and spring irrigation.The dry spell started last autumn and has hit southwest, south and part of north China. The seriousness, duration, areas affected and losses are rarely seen in history, said the Ministry of Civil Affairs Friday.Severe drought would continue to ravage the already hard-stricken southwest China as no major rainfalls are expected in the next three days, the China Meteorological Administration warned Saturday.

JINAN, Feb. 22 (Xinhua) -- A Chinese vocational school said Monday it has got bored with the repeated reports carried by the New York Times insisting that it was a source of the Google cyber attacks."The reports are too boring, simply unfounded and politically orientated," Li Zixiang, Party chief of the privately-run Lanxiang Vocational School (Lanxiang) in east China's Shandong Province, told Xinhua."We really do not want to read such reports again. If the reporter still has doubts, I invite him to come to our school to talk with us personally," he said.The New York Times has filed two reports recently claiming the cyber attacks on Google and other American firms last year have been traced to Shanghai Jiaotong University (SJTU) and Lanxiang.Google said last month that it might pull out of the Chinese market, citing it services had been hacked by sources originating in China and that it disagreed with some Chinese government policies.In the latest report, the New York Times insisted that Lanxiang had ties with the Chinese military as it was founded on land donated by the army and had sent graduates to join the army."We had indeed used abandoned barracks for teaching venues when our school was founded in 1984, but the barracks were not a 'donation' because we must pay rent regularly for it," Li said."We have already moved out of the old barracks and built our own new teaching buildings," he said.Currently, Lanxiang has more than 20,000 students learning vocational skills such as cooking, auto repair and hairdressing."Like any other country, our school graduates can join the army if they so wish. But you cannot say a school has a military background just because some of its graduates are servicemen," Li said.