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URUMQI, May 29 (Xinhua) -- China would spend 120 to 150 billion yuan (17.6 to 22 billion U.S. dollars) on transport infrastructure in its far-western Xinjiang Uygur Autonomous Region over the next five years, the regional government said Saturday.The money will be used to build new roads and renovate old ones to support Xinjiang's "leapfrog development" promised by the central government earlier this month, according to a statement issued after a conference of the Ministry of Transport and Xinjiang's regional government.The paved roads to be built or renovated will reach 75,000 to 80,000 kilometers in the region where there were just 15,000 kilometers of paved roads in place by the end of last year, said Song Airong, a regional Party official.Xinjiang's current 838 kilometers of highways will also be extended to 4,000 kilometers over the next five years, he said.The central government unveiled a policy package last Thursday to support the development of Xinjiang Uygur Autonomous Region, setting a goal that the region should undergo a spurt in development so that by 2015 its per capita gross domestic product could reach the national average.Under the package, fixed asset investment in Xinjiang in the next five years will be more than double the amount in the current five-year plan that ends this year.

BEIJING, May 2 (Xinhua) -- The People's Bank of China (PBOC), the central bank, announced Sunday it will raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year amid growing concerns of asset bubbles and economic overheating.The bank said in a statement on its website that it would raise the deposit reserve requirement ratio (RRR) for financial institutions by half a percentage point from May 10.The ratio for the rural credit cooperatives and rural banks would remain unchanged at 13.5 percent, said the PBOC.However, the RRR for other small financial institutions would rise to 14 percent, and that for large financial institutions to 17 percent.This is the third rise in the deposit ratio this year. On Jan. 12 and Feb. 17, the central bank raised the deposit ratio by half a percentage point each time.The move indicated the government was taking further steps to tighten monetary policy in response to concerns of overheating and asset bubbles, said Liu Yihui, an expert with the Financial Research Center of the Chinese Academy of Social Sciences (CASS).The PBOC has cut the bank reserve requirement ratio four times during the second half of 2008 to stimulate growth, as the global financial crisis started to weigh on the economy.The country posted a better-than-expected 11.9 percent year-on-year economic growth in the first quarter, but the government was cautious and had repeatedly warned that the economic conditions this year were "very complicated."China's consumer price index (CPI), the main gauge of inflation, saw a rise of 2.4 percent year on year in March, nearing the ceiling of 3 percent inflation this year that the government has set at the annual parliamentary session that month."There is an obvious tendency of overheating," Liu said.

BEIJING, April 18 (Xinhua) -- China encourages foreign experts to help upgrade its technological innovation and the quality of economic growth, Chinese Vice Premier Zhang Dejiang said here Sunday."China welcomes foreign experts to offer suggestions on the country's industry development and technological innovation and to help Chinese enterprises solve technological difficulties," Zhang said when meeting a group of Chinese and U.S. engineering experts.More than 270 experts from both countries attended the Eighth Sino-American Technology and Engineering Conference on April 11-18, at which they conducted academic exchanges in fields of advanced manufacturing, information technology, biomedicine and environmental protection.Stressing that China was at a crucial stage of transforming the economic growth pattern, Zhang said China will continue to boost international cooperation and attract foreign expertise in science and technology.

BEIJING, May 13 (Xinhua) -- Senior Chinese leader He Guoqiang on Thursday met with the crew of a TV series that commemorates the life of a discipline inspection chief, urging officials across the country to devote themselves to uncorrupt, people-oriented work.The 21-episode "Yuan Shan De Hong Ye" (Red Leaves on the Faraway Mountains), to be broadcast by the China Central Television, is a biography of Wang Ying, who worked in Nanjiang County in southwestern Sichuan Province.Wang was widely known as a devoted Communist Party of China (CPC)official with a just, caring and uncorrupt work style. She died in November 2008 at the age of 47."A large number of outstanding Party officials and cadres have emerged across the country. Comrade Wang Yi is one representative from the discipline inspection field," said He, a member of the Political Bureau Standing Committee of the CPC Central Committee, when meeting with the crew before the drama's premiere ceremony."To present Wang's story in an artistic way is to educate and promote all Party members and officials and the general public to learn from her spirit," said He, also head of the Central Commission for Discipline Inspection of the CPC.He urged Party members and officials, especially those in discipline inspection departments, to learn from Wang's loyalty to the Party and the country, her valiant fight against corruption and her love and care for people.

YUSHU, Qinghai, May 5 (Xinhua) -- Chinese authorities are working to protect the quake survivors in the northwestern province of Qinghai from potential secondary disasters.The government has provided sufficient food, drinking water and tents for more than 200,000 quake survivors, but landslides, floods and disease outbreaks may still threaten their lives.The magnitude 7.1 quake has killed at least 2,220 people, with 70 still missing and more than 12,000 injured.Recent rain has raised the risk of landslides as the devastating quake and aftershocks has destabilized mountain slopes. The rainy season starting in late May or early June will make the situation worse.A total of 139 survivors were evacuated to safety 7 km away from their make-shift homes in Changu Village of the quake-hit Yushu Tibetan Autonomous Region early Tuesday morning as rain-triggered landslides threatening their safety."It's still an arduous task to prevent and guard against secondary disasters," said Wang Jianbin, deputy director of the Qinghai provincial land and resources bureau.

来源：资阳报