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BEIJING, Dec. 27 (Xinhua) -- China's anti-graft authorities announced on Monday in a statement that during the year it had found 21.5 billion yuan (3.24 billion U.S.Dollar) of public money held in unauthorized departmental coffers.The probe was led by the Central Commission for Discipline Inspection of the Communist Party of China.The probe had put government agencies, public institutions, social groups, state-owned and state holding enterprises under scrutiny, and had uncovered 45,593 cases of public money being held in unauthorized departmental coffers, involving a total of 21.5 billion yuan.A total of 2,669 officials involved in these cases have been punished, also according to the statement.

BEIJING, Nov.24 (Xinhua) -- Senior Communist Party of China (CPC) official Li Yuanchao met in Beijing Wednesday with a delegation consisting of members on the third course of the Workshop of the National Executive Committee of the African National Congress (ANC) of South Africa. The delegation was led by Joel Sibusiso Ndebele, Minister of Transport of South Africa.Li Yuanchao, head of the Organization Department of the CPC Central Committee, said the success of the first two workshops held in China brought substantive benefits for both parties. Li Yuanchao (R), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, a member of the CPC Central Committee Secretariat and head of the Organization Department of the CPC Central Committee, meets with Joel Sibusiso Ndebele, minister of Transport of South Africa, who led a delegation consisting of members on the third course of the Workshop of the National Executive Committee of the African National Congress (ANC) of South Africa, in Beijing, capital of China, Nov. 24, 2010.The CPC was willing to cooperate with the ANC in making a success of future courses and hoped that the two parties would further share views and experiences on governance, to serve expansion of friendly cooperation ties between the two parties and of the comprehensive strategic partnership between China and South Africa, Li said.Ndebele said the ANC attached great importance to holding of the workshop and was satisfied with the results of the former two. He hoped that the third course of the workshop would help deepen exchange of experience in governance between the ANC and the CPC, boost cooperation between the two parties and bring benefit to the peoples of both countries.

BEIJING, Jan. 16 (Xinhua) -- China is pinning hopes on its affordable housing programs to cool its red-hot property market in the latest round of campaigns against rising asset bubbles, after the government moved to crack down on market speculation during the past year.Experts held that to increase supplies of affordable housing is the key solution to guide the market toward healthy development and help stabilize prices.During a talk show hosted by China National Radio on Dec. 26, Chinese Premier Wen Jiabao said the government will press forward housing price control and increase the supply of affordable houses for low-income earners.His words came after the government had announced a plan to build 10 million more low-income housing units this year.China is working on a more healthy system that provides housing that meets different demands, after an array of policies, including tighter credit for commercial housing, failed to produce satisfactory results in 2010.In 70 major Chinese cities, home prices rose 0.3 percent month on month and 7.7 percent year on year in November last year, which was the third consecutive month prices rose.China started the construction of some 5.9 million units of affordable homes in 2010, of which 3.7 million were completed, official figures showed.Qin Hong, a researcher with the Ministry of Housing and Urban-rural Development, said the number of affordable homes is still "far from enough", especially as more low-rent homes are needed for China's "sandwich class" families who either are disqualified for low-cost housing or cannot afford the sky-high prices of commercial housing."By attaching more importance to affordable homes and low-rent housing, it seems that the government is leading the market in the right direction," said Zhang Hanya, head of the Investment Association of China.

BEIJING, Jan. 9 (Xinhua) -- China's Ministry of Public Security (MPS) on Sunday ordered traffic police nationwide to prepare for possible traffic disruptions caused by a lingering cold snap.The cold weather that has stopped traffic on national highways in several central and southern provinces since New Year's Day is likely to last ten more days.At a national meeting on coping with traffic disruptions during the cold snap, vice public security minister Huang Ming said local traffic police should be prepared to control and solve traffic problems that icy weather and sleet might cause.Further, local traffic police should make realistic emergency plans, prepare emergency supplies and equipment for de-icing and removing snow, and quickly handle traffic accidents, he said.He added that road closures should be the last choice in handling poor road conditions caused by freezing weather. Additionally, local traffic police should take other measures such as temporarily opening roads to ensure traffic flows.The recent inclement weather is a reminder of the disastrous freezing winter at the beginning of 2008, which stopped traffic, damaged power grids, and disrupted lives of millions in southern China.However, experts believe China is unlikely to suffer similar conditions this winter because of inadequate moisture.