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MADRID, Jan. 4 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang said here on Tuesday that China is likely to buy more Spanish government bonds to help the country deal with market concerns about its solvency.Li made the remarks during a meeting with Spanish Second Deputy Prime Minister and Minister of Economy and Finance Elena Salgado.Li noted that the Spanish government has taken a series of measures to fight the global financial crisis, which will help lift the country out of its severest woes and pave the way for sound economic development in the long run."We believe Spain, with its government and people working together, will surely overcome current economic and fiscal difficulties," he said.Chinese Vice Premier Li Keqiang (L) shakes hands with Spain's Second Deputy Prime Minister Elena Salgado, in Madrid, Spain, Jan. 4, 2011. Li Keqiang arrived here Tuesday at the start of a three-nation tour to Europe. Li said that China, as a long-term and responsible player in the Spanish government bonds market, has not reduced its holdings, and even increased its buying activities amid European debt concerns."We will buy more (Spanish government bonds) depending on market conditions," he said.The Chinese leader arrived in Madrid earlier in the day, kicking off a three-day official visit to Spain.Spain is the first leg of his three-nation European tour, which will also take him to Germany and Britain.
BEIJING, Jan. 4 (Xinhua) -- Remote villages across Yongning County of northwest China's Ningxia Hui Autonomous Region have been connected to a safe water supply thanks to a newly-completed water project.The project, launched in August 2010 and concluded on Nov. 27, has ensured that 100,000 people in 44 villages of Yongning will have access to safe water for drinking.People in the county had long suffered from a severe shortage of safe water because the area's surface water contained excessive amounts of fluorin and iron.The project was initiated after local authorities increased their efforts to provide safe drinking water after Chinese President Hu Jintao visited the region.During an inspection to a well-drilling site at Yuanlin Village of southern Yongning on March 23, 2010, President Hu stressed that efforts be made to ensure more people have access to safe water supplies.

BEIJING, Dec.23 (Xinhua) -- China is tightening regulation on foreign investment in the real estate sector to crack down on speculation, according to a statement from the Ministry of Commerce(MOC) on Thursday.The ministry urges local authorities to increase checks and supervision on property investment that involved foreign investors and strengthen risk controls on the sector, said the statement posted on the MOC web site.According to the statement, foreign-funded developers are not allowed to make profits through buying and reselling real estate projects, which will be strictly monitored by the MOC along with the Ministry of Land and Resources and the State Administration of Foreign Exchange.The ministry also required local authorities to tighten scrutiny over foreign-funded investment companies and not to allow those companies to enter the real estate businesses, while closely examining the exact amount of foreign funds used in new real estate projects.Foreign direct investment(FDI) into China's property sector jumped 48 percent to 20.1 billion U.S. dollars in the first eleven months of this year, compared to a 17.73 percent growth in the total FDI in the same period, according to earlier MOC data.China introduced a group of measures to crack down on property market speculation and rein in skyrocketing home prices since the beginning of this year, including prohibiting the issuance of mortgage loans for third home purchases and raising down-payments.The government is also guarding against possible "hot money" inflows that might complicate China's policy to fight inflation.Property prices in 70 major Chinese cities rose 0.3 percent in November, month on month, and 7.7 percent year on year, according to the National Bureau of Statistics.
BEIJING, Dec. 18 (Xinhua) -- China again strongly urges all parties concerned to responsibly start negotiations and solve the problems in Korean Peninsula through peaceful means, Foreign Ministry spokesperson Jiang Yu said Saturday.Jiang called on all parties to make constructive efforts to reduce the tensions.
来源:资阳报