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WASHINGTON, Dec. 10 (Xinhua) -- Senior Chinese and U.S. military officials will exchange visits in 2011, a Chinese Defense Ministry official said here Friday.The two sides have agreed that U.S. Defense Secretary Robert Gates will visit China from Jan. 10 to Jan. 14, 2011, and Chen Bingde, chief of the General Staff of the Chinese People's Liberation Army (PLA), will visit the United States at a mutually convenient date in 2011, Guan Youfei, deputy director of the ministry's Foreign Affairs Office, told a press conference.The news briefing was held after defense consultations between China and the United States on Friday, which was co-chaired by Ma Xiaotian, deputy chief of the General Staff of the PLA, and U.S. Under Secretary of Defense Michele Flournoy.Guan Youfei, deputy director of the Foreign Affairs Office of Chinese Defense Ministry, gestures during a press conference in Washington Dec. 10, 2010. Senior Chinese and U.S. military officials will exchange visits in 2011, Guan said here Friday.During the talks, the two sides exchanged views on relations between the Chinese and U.S. militaries, maritime safety, national defense building and army building, as well as some international and regional issues. The atmosphere was candid and pragmatic, Guan said.Guan said the Chinese side attaches importance to Gates' upcoming China visit, and hopes it will deepen mutual understanding of the armed forces of the two sides, expand consensus and contribute to the healthy and stable development of their ties.Ma and Flournoy agreed that relations between the two armed forces are an integral part of bilateral ties, and it is important to keep it healthy and stable; and that the two countries' militaries should maintain dialogues and exchanges at various levels to enhance mutual understanding and avoid miscalculations.During the talks, Ma also noted the Sino-U.S. relationship has not only bilateral implications, but increasing global influence. China values the relationship between the two countries' armed forces, and has made sincere efforts to advance it. China is willing to enhance dialogue and exchanges with the United States to promote mutual understanding and trust.
BEIJING, Dec.24 (Xinhua) -- China will bring its overall money supply to a normal level with a range of policy tools next year as the government shifts monetary policy from "moderately loose" to "prudent", the central bank said Friday in a statement on its website, citing Deputy Governor Hu Xiaolian.Hu, a deputy governor of the People's Bank of China (PBOC), said at a meeting with bankers that China needs a shift to a prudent monetary policy to rein in rising consumer prices and curb asset bubbles.China is facing tremendous inflationary pressures, with the country' s consumer price index (CPI), a main gauge of inflation, accelerated to a 28-month high in November of 5.1 percent."The major task for next year's monetary policy will be normalizing money supplies," she said, noting that the growth in money supply, mostly measured by M2, or the broad money supply, should be slowed from the pace during the implementation of a moderately loose policy.The Chinese government should maintain a "reasonable and moderate" credit growth next year that is in line with the country's goal in economic development and inflation control.New yuan-denominated loans in China stood at 7.45 trillion yuan in the first 11 months of this year - just shy of the government's full-year target of 7.5-trillion-yuan.Hu said with the global financial crisis having eased from its peak and China's stabilized economic momentum, the country is able to maintain a steady and relatively rapid economic growth with a prudent monetary policy.Hu stressed that China is facing pressure due to ample liquidity from home and abroad, and for the next phase, the Chinese government will work on liquidity controls with a range of policy tools, including open market operations and adjustment in interest rates and reserve requirement ratios.She highlighted the use of the differential reserve requirement ratio to supplement regular policy tools, which could guide banks to lend "reasonably, moderately and steadily" and boost risk controls in the financial system.China increased interest rates by 0.25 percentage points in October and hiked the bank reserve requirement ratio six times this year to 18.5 percent and 19 percent for some large commercial banks in a move to curb lending amid accelerating inflation.
BEIJING, Nov. 12 (Xinhua) -- Vice Premier Li Keqiang has stressed that China will pay increasing attention to the improvement of its citizens' welfare as its economy becomes stronger.As China' s national strength improves and its economy grows, the country would pay increasing attention to safeguarding and improving people's standards of living, Li said in a speech delivered on Wednesday at the 2010 annual general meeting of the China Council for International Cooperation on Environment and Development.China would accelerate the speed of transforming its economic development pattern and pursue a low-cost and sustainable development path featuring low carbon emissions and seeking improved economic returns, according to the full text of Li's speech, which was released on Friday.Further, China will boost green development, embrace low-carbon development ideals and continue its efforts to save natural resources and protect the environment.He said China would promote development of emerging industries of strategic importance, hi-tech industries and modern service industries, conduct technological innovations on traditional industries and continue efforts in eliminating backward production capacities to maintain a sustainable development.Moreover, China will build more infrastructure in sewage treatment, build clean energy facilities, and concentrate on solving serious environmental problems that affect people's lives, Li said.Lastly, to address global climate change challenges, Li called on the international community to join hands under the principle of "common but differentiated responsibilities" and on the basis of the U.N. Framework Convention on Climate Change and the Kyoto Protocol.
BEIJING, Dec. 7 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Tuesday that 2010 had been marked by closer links, greater interaction and stronger cooperation between China and the world.He made the remarks in an address at a New Year reception hosted by China's Foreign Ministry.Noting 2010 had been an important year for the world economy to emerge from the shadow of the financial crisis and embark on the track of recovery, Yang said China and other countries had further deepened cooperation during the process of pursuing common development.Yang said 2011 marked the start of the implementation of China's 12th five-year plan, and China would enter a crucial period in efforts to build a moderately prosperous society, and accelerate the transformation of the economic development pattern.Chinese Foreign Minister Yang Jiechi speaks at the New Year reception held by the Ministry of Foreign Affairs of China, in Beijing, capital of China, Dec. 7, 2010.With common development goals, China and the rest of the world would enjoy a wider arc of cooperation and face new historic opportunities, he said.China would "proactively adapt itself to the new developments and needs of the domestic and international situations, stay committed to the path of peaceful development, and unswervingly follow the mutually beneficial strategy of opening-up."He said the world would continue to move towards multi-polarity, while the process of global economic recovery and reform would further evolve.In a speech, Nolana Ta-Ama, dean of the Diplomatic Corps and Togo's ambassador to China, hailed China's diplomatic efforts in the political and economic fields towards its close neighbors, such as the Association of Southeast Asia Nations (ASEAN) and Japan, and on the Korean Peninsula in particular.More than 400 people, including Chinese State Councilor Dai Bingguo, attended the reception.
BEIJING, Dec. 28 (Xinhua) -- The Political Bureau of the Communist Party of China (CPC) Central Committee met Tuesday in a meeting on anti-corruption, demanding greater efforts in addressing problems the masses complained about most and fighting corruption among grassroots officials.The meeting was presided over by General Secretary of the CPC Central Committee and Chinese President Hu Jintao. The participants heard a report of the Central Commission for Discipline Inspection of the CPC over anti-corruption work for 2010 and discussed related plans for 2011.The meeting has called for further efforts to address problems concerning construction projects, and vehicles bought and used at public expenses.Those attending the meeting said regulations and disciplines that govern the selection of officials must be strictly followed and related unsound practices should be corrected.Noting that fighting corruption was still a tough task, the meeting urged all related authorities to step up anti-corruption efforts towards building a clean government.Further, more work must be done to improve officials' style of work and cement ties between the CPC and the masses, the meeting participants said.Also, the participants called for efforts towards building an improved anti-corruption system that consisted of corruption prevention and punishment.Such a move, they added, would facilitate the implementation of China's development blueprint for the 12th Five-Year-Plan period (2011-2015) and China's social and economic development.China will mark the 90th anniversary of CPC's founding next year. The meeting called on all party members to work for new achievements in fighting corruption in a bid to greet the coming CPC's anniversary.