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CANCUN, Mexico, Dec. 11 (Xinhua) -- The outcome of the UN climate change conference in Cancun sent "positive" signals to the international community, the Chinese delegation said Saturday.Conference delegates finally reached a deal to fight global warming early Saturday after an all-night session, overruling an objection from Bolivia."As for the outcome of this conference, first of all, it adheres to the (UN) Convention (on climate change), the Kyoto Protocol and the Bali Roadmap, as well as the principle of common but differentiated responsibilities, which ensures that next year's negotiation will continue along the two tracks decided by the Bali Roadmap," the Chinese delegation said in a statement."Second, progress has been made at different levels in the areas where developing countries have concerns, such as adaptation, technology transfer, finance and capacity building, and the negotiation process will move on, which sends positive signals to the international community," the delegation said.It said the conference failed to conclude the negotiation of the Bali Roadmap and this indicated next year's negotiation task would be "extremely difficult."The delegation expected all parties to display strong political will and conclude the negotiation on the second commitment period of the Kyoto Protocol at the next conference, to be held in Durban, South Africa. In particular, that conference should establish effective mechanisms for finance, technology transfer and adaptation to support developing countries' efforts in addressing climate change, successfully conclude the negotiation in accordance with the mandate of the Bali Roadmap and make a big step forward in the international cooperation in combating climate change.China would continue to make positive efforts towards this end, the delegation said.The delegation reaffirmed that the Chinese government would hold a highly responsible attitude toward the Chinese people and people in the world, and remain committed to promoting green, low-carbon and sustainable development as its contribution to combating climate change.The Chinese delegation also hailed the efforts of the Mexican government and its people during the negotiations and their hospitality. It also appreciated the positive role of the Secretariat of the U.N. Framework Convention on Climate Change.The two-week long talks in Cancun to set new targets and find new ways to combat climate change attracted 25,000 government officials, businessmen and researchers from over 190 countries.

BEIJING, Nov. 10 (Xinhua) -- China's central bank moved a step further to tighten liquidity amid increasing inflation pressures as it ordered Chinese banks to set aside more reserves on Wednesday.The People' s Bank of China, or the central bank, announced it would raise the deposit reserve requirement ratio (RRR) for Chinese financial institutions that accept deposits by 50 basis points from Nov. 16, which was estimated to freeze more than 300 billion yuan (45.1 billion U.S. dollars).The order came on the eve of Thursday's release of China' s October consumer price index (CPI), which is projected, by some economists, to reach 4 percent.The RRR for the four big state-owned banks - the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China - will stand at 18 percent once the rise takes effect.Further, Wednesday's move will raise the deposit reserve ratio for other large financial institutions to 17.5 percent and that for small-and medium-sized financial institutions to 15.5 percent.The adjustment is the fourth RRR increase the central bank has ordered for Chinese banks this year, and the first time it has done so since it hiked interest rates by 0.25 percentage points last month.Chinese experts believe combined concerns, ranging from the looming hot money inflows caused by the United State quantitative easing to the growing inflation risks and soaring assets bubbles, have caused the central bank to raise the RRR to rein in liquidity."The central bank announced interest rates hikes and the RRR rise within one month, as the U.S. 600 billion-US-dollar quantitative easing is likely to send more speculative capital flowing to the emerging markets, and domestic commodities prices continue to increase, " senior economist with the Asian Development Bank, Zhuang Jian said, adding that the RRR increase will trim the banks' credit capital, which will help curb market speculation inflows and stabilize commodities prices.China's central bank, on Oct. 20, announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points, the first interest rates hike in three years, as the nation's CPI hit a 23-month high to 3.6 percent in September.October's CPI is due to be announced on Thursday, while economists anticipate the October year-on-year inflation is likely to rise to 4.1 percent.Further, prices of China' s edible farm produce have witnessed consecutive increases since mid-October, as prices of 18 types of vegetables in 36 large and medium-sized cities rose by 4.9 percent during the week that ended Nov. 7, according to data released Wednesday by the Ministry of Commerce.Zhang Ping, head of the National Development and Reform Commission, said Tuesday that the nation's CPI is expected to exceed the government' s annual target of 3 percent.Also, the nation's real estate prices continued the upward trend in October, though at a slower pace, with property prices in 70 major Chinese cities increasing by 8.6 percent year on year in October, down from the 9.1-percent increase in September, the National Bureau of Statistics showed Wednesday.Li Huaiding, analyst with the Guoxin Securities Co., said Wednesday's rise would contribute to scaling back liquidity, but pressures still exist in the upcoming months, and the central bank may again increase interest rates before the end of the year.Additionally, the central bank said in a report issued on Nov.2 that it would gradually normalize the monetary policy from its counter-crisis mode and tighten control over liquidity to maintain moderate credit growth in the coming months this year.

BEIJING, Jan. 11 (Xinhua) -- China's Ministry of Civil Affairs on Tuesday sent more relief materials to southern regions that had been hit by icy weather, the ministry said in a statement.The batch of 35,000 quilts and 20,000 cotton coats were on their way to the Guangxi Zhuang Autonomous Region, Chongqing Municipality and the provinces of Sichuan and Jiangxi.Since New Year's Day, freezing weather along with sleet has affected several southern regions, disrupting traffic and lives.Weather forecast said Tuesday freezing weather and sleet will continue in south China over the next three days.

ISLAMABAD, Dec. 19 (Xinhua) -- Chinese Premier Wen Jiabao on Sunday called upon top Pakistani lawmakers to strengthen bilateral parliamentary exchanges and help promote the two countries' partnership.During his meeting with Senate Chairman Farooq Hamid Naek and National Assembly Speaker Fehmida Mirza, Wen appreciated the efforts by Pakistani parliamentary political parties to improve their country's relations with China.Beijing encourages the Pakistani parliament to enhance communication with the Chinese side and help bring bilateral pragmatic cooperation to higher levels and more tangible benefits to the two peoples, Wen added.Chinese Premier Wen Jiabao (2nd R) meets with Pakistan's Senate Chairman Farooq Hamid Naek (1st L) and Speaker of Pakistan's National Assembly Fahmida Mirza (1st R) in Islamabad, capital of Pakistan, Dec. 19, 2010.The very objective of his visit, he said, is to demonstrate that China firmly supports Pakistan in post-disaster reconstruction and its efforts to seek economic development and maintain stability. China also asks the international community to extend helping hands to flood-hit Pakistan.Wen said his three-day visit has produced significant results and breathed new life into bilateral relations.Deep-rooted friendship between the two neighbors should be treasured by both nations, said Wen.Calling the Pakistan-China friendship all-around, Naek and Mirza said Pakistan attaches great importance to ties with China.The Pakistani parliament is willing to enhance friendly exchanges with China's National People's Congress and the Chinese People's Political Consultative Conference, and help deepen friendship between the two peoples and consolidate relations between the two countries, they said.

THE HAGUE, Nov. 29 (Xinhua) -- As the 2012 deadline for the complete destruction of chemical weapons approaches, China Monday called for parties to demonstrate their political will and speed up the destruction process.During the 15th session of the Conference of the States Parties of OPCW, Ambassador Zhang Jun, Permanent Representative of China to the Organization for the Prohibition of Chemical Weapons (OPCW) said the Chemical Weapons Convention has been playing "an important role" in removing the threat of chemical weapons.Zhang said: "The timely completion of destruction activities constitutes a core obligation under the Convention. The destruction of chemical weapons is the most important, pressing and overriding task for the OPCW at present and in the years to come."