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BEIJING, March 21 -- A growing number of people are choosing to keep their money in the bank rather than invest it in stocks or property, a central bank survey released yesterday said.     More than 51 percent of the 20,000 households polled said the current level of interest rates was "appropriate", the quarterly survey by the People's Bank of China said. The figure was up from 46 percent in the previous poll held in the fourth quarter of last year, and was the fourth consecutive quarterly increase.     The central bank raised interest rates six times last year in a bid to curb inflation. The rate for a standard one-year savings account is now 4.14 percent, up from 2.52 percent at the start of last year.     While investing on the stock market was a popular option in the earlier part of last year, recent corrections have dampened enthusiasm. The benchmark Shanghai Composite Index has fallen about 40 percent since October, and in recent months, bank deposits have grown significantly.     The survey was carried out last month and involved families in 50 cities. Of those polled, 35 percent said they thought it necessary to save more, up from 30 percent in the previous poll, while almost 28 percent said they planned to invest more in stocks and mutual funds, down from about 36 percent.

DALLAS -- Several leading US airlines have asked federal regulators for the right to operate new nonstop flights between the United States and China beginning in March 2009.American, the largest US carrier, said it applied Monday for a route from Chicago's O'Hare Airport to Beijing. A similar bid failed several months ago, partly because American's management and pilots couldn't agree on work rules for the flights.Continental applied Monday to fly between Newark, N.J., and Shanghai. The Houston-based airline said its flights would serve the financial hub of New York and a large Chinese-American population in the area. US Airways said it is seeking to offer nonstop service between its Philadelphia hub and Beijing, China. Delta Air Lines Inc. asked to fly from Atlanta to Beijing and Shanghai; and Northwest Airlines Corp. filed to offer service between Detroit and the same two Chinese cities. UAL Corp.'s United Airlines proposed to fly between San Francisco and Guangzhou starting in 2008, and between Los Angeles and Shanghai in 2009. Air service between the two countries is restricted by agreements between the two governments. US airlines eager to tap the growing Chinese market must apply to the Department of Transportation for new routes. In the competition for Chinese routes, US airlines gather support from politicians and customers to sell their proposals to federal regulators. For example, American, a unit of Fort Worth-based AMR Corp., boasted support from four US senators and three governors. Schwarzenegger favors proposal for non-stop flights to China California Governor Arnold Schwarzenegger said Tuesday that he favored a proposal for non-stop air services to China from two major Californian cities. Schwarzenegger made the remarks after United Airlines submitted an application to the US Department of Transportation Monday to add daily, non-stop services from San Francisco and Los Angeles to China in 2008 and 2009. "China's more than 1 billion citizens represent an important market for Californian products and services," Schwarzenegger said in a statement e-mailed to Xinhua. "United Airlines' proposal to add a daily, non-stop service between our state and China is a great opportunity to promote California tourism and pump up our state's economy," said the governor. "Direct flights between California and China will only have a positive impact on our state and I look forward to working with United Airlines in the future as we continue to strengthen our economic ties with this important Pacific Rim partner," he added. United Airlines' application proposes a non-stop service between San Francisco and Guangzhou in 2008, and a daily non-stop service between Los Angeles and Shanghai in 2009. In 2006, exports from California to China totaled almost 10 billion dollars, up from 5.5 billion dollars in 2003 when the governor took office, according to the statement. California is the number one US state in terms of total exports to China and the top exports include computers and electronic products, waste and scrap materials, transportation equipment and heavy machinery.

Visiting US Chief of Naval Operations Mike Mullen reaffirmed in Beijing on Tuesday that the United States will not support Taiwan independence and will adhere to the one-China policy."The United States will not support Taiwan independence or any unilateral move toward that direction on the part of Taiwan," Mullen told reporters at a press conference.As a guest of Chinese People's Liberation Army Navy commander Wu Shengli, Mullen arrived in China on August 17 for a friendly visit. He delivered a speech at a Chinese naval academy and observed naval exercises from on board a Chinese warship.During the visit, Mullen also met with Chinese Defense Minister Cao Gangchuan and Guo Boxiong, vice chairmen of China's Central Military Commission.China-US relations are one of the most important bilateral relations in the world, Cao told Mullen, noting that flourishing bilateral ties will not only serve the fundamental interests of the two countries and two peoples, but will also be conducive to the peace, stability and prosperity of the region and world as well.Agreeing with Cao's view on bilateral relations, Mullen said that US-China relations are very important and the dialogue between the two nations as well as the two militaries is "critical".Mullen, who has been nominated by US President George W. Bush to become the next chairman of the Joint Chiefs of Staff, promised to Cao that he would continue to nurture the bilateral ties no matter whether he serves in his current position or as Bush's major military adviser and leader of the US Army, Navy, Air Force and Marines, according to a press release provided by the Chinese Ministry of Defense.Mullen also expressed his hope that exchanges and cooperation in such fields as military academic education and exchange visits of warships, could be further boosted in an effort to increase mutual understanding and trust, said the press release.

China Securities Regulatory Commission announced here on Friday that it has approved the initial public offering (IPO) plans of three domestic companies.     They are the Sichuan-based software and equipment provider Wisesoft, nitrocellulose producer Sichuan Nitrocell Corporation, and husbandry company Shandong Minhe.     It also approved the issue of three stock funds, bringing the total of newly approved funds of this kind to 18 since February. A bond fund also won approval.     New funds approved since February equals half of all funds approved last year, which would injects more capital into the declining stock market.     Though the market is less sensitive to new fund issue as more funds win approval, the accumulation of capital would possibly lead to positive short-term change in the market, analysts said.

Chengdu - The mention of twice-cooked pork, pickled vegetables and hot pot is guaranteed to whet the appetite of any gourmet visiting Sichuan Province.But a report released by the Sichuan provincial disease control and prevention center may make them think twice before tucking into such delicacies.According to the Report on Sichuan Residents' Nutrition and Health, around 10 million of the 87 million Sichuanese suffer from hypertension.Deng Ying, a leading official at the center, said that the problem is a result of the high levels of cholesterol in the hot pot dishes popular with local people.In addition, the average Sichuan resident's salt intake is 10 g a day, 4 g more than the amount recommended by doctors, Deng said.Li Ping, a doctor at the Sichuan No 5 Hospital in Chengdu, added: "Sichuan people like salty food. For example, pickled vegetables are a regular accompaniment to many families' meals."The latest investigation into the causes of death of Sichuan people, conducted two years ago, showed that chronic lung, cerebrovascular and heart diseases are the biggest culprits."Cerebrovascular and heart diseases are related to hypertension. If high blood pressure is not effectively controlled, it can result in cerebrovascular and heart problems," Deng said.The center's investigation also found that about 2.5 million people in Sichuan are diabetic."The higher a family's income, the higher the incidence of diabetes," Deng said.She attributed the problem to a change in diet. "Most people like eating meat rather than potatoes," she said.According to an investigation in 1992, the average Sichuan person ate 186 g of potatoes a day. But the daily intake has now dropped to 73.9 g, while the daily intake of meat has risen from 63.8 g in 1992 to 91.6 g.The average national meat intake is 78.6 g a day, Deng said.Many hypertension and diabetes sufferers are elderly urban residents."Older people know less about the right way to eat. They usually consider meat as good food," said Huang Suzhen, a chef in Chengdu.But the provincial disease control and prevention center found that most people below 40 are indifferent to the idea of changing their eating habits to prevent chronic diseases. Almost all those who consider chronic diseases problematic are above 50 and have already contracted such diseases."Many young people do not care about the right diet. They think they will be healthier if they eat more meat," Huang said.According to Deng, many young people did not know they were suffering from hypertension when the center conducted the investigation.Deng suggested people eat more potatoes, fruit and vegetables, take a proper amount of meat, milk and eggs, take less salt and quit smoking. "Taking more exercise is also important," she said.The investigation by Deng's center is the largest probe into the province's nutrition and health situation.The study, launched five years ago, is part of the fourth national nutrition and health investigation sponsored by the Ministry of Health, the Ministry of Science and Technology and the National Bureau of Statistics.