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BEIJING, June 11 (Xinhua) -- Economic data for May released Friday showed that China was eyeing rising inflation and slowing economic growth, indicative of what the "the most complicated year" meant for the country's economy.Experts said the mixed bag of economic data would make it difficult for China's policymakers in the coming months.China's consumer price index (CPI), a main gauge of inflation, rose in May to 3.1 percent, the highest since November 2008, according to figures released by the National Bureau of Statistics (NBS) Friday.The NBS also reported that growth of industrial value-added output slowed to 16.5 percent in May from 17.8 percent in April.Urban fixed assets investment for the first five months rose 25.9 percent year on year, 0.2 percentage points down from the first four months.INFLATION QUICKENSThe 3.1 percent CPI growth was up 0.3 percentage points from April's rise of 2.8 percent. In the first five months, China's CPI rose 2.5 percent year on year.The May figure exceeded the government's year-average target of 3 percent set in March.The producer price index (PPI), a major measure of inflation at the wholesale level, rose 7.1 percent year on year in May, up 0.3 percentage points from April's 6.8 percent.In May, the CPI in China's urban areas increased 2.9 percent and in rural regions by 3.3 percent. Food prices, which accounted for about a third of the weighting in calculating the CPI, rose 6.1 percent.
BEIJING, July 28 (Xinhua) -- President Hu Jintao and Premier Wen Jiabao on Wednesday respectively sent condolence messages to their Pakistani counterparts after a deadly airplane crash that killed all the 152 people on board.In his message, Hu, on behalf of the Chinese government and the people and in his personal name, conveyed to Pakistani President Asif Ali Zardari his profound condolences for the victims and sincere regards to the families of those killed in the worst plane crash ever in Pakistan.In a separate message, Premier Wen Jiabao extended to Pakistani Prime Minister Syed Yusuf Raza Gilani his condolences for the victims and offerred regards to the families of those killed.Earlier Wednesday, an Airbus 321 carrying 152 people crashed minutes before it was supposed to land in Islamabad, killing everyone onboard, including at least 20 women and seven children as well as two Americans and a Somalian.The Airblue flight carrying 146 passengers and six crew members left Karachi in the morning and lost contact with the control tower at the Islamabad airport shortly before the crash. The plane was on its way from Turkey to the Pakistani capital via Karachi.The plane, which was manufactured in 2000, was leased in January 2006 by Airblue, a private service based in Karachi, Pakistan's largest city, according to local media.Also Wednesday, Chinese Foreign Minister Yang Jiechi sent a condolence message to Pakistani Foreign Minister Shah Mehmood Qureshi for the deadly air crash and the serious casualties.
CHENGDU, July 17 (Xinhua) -- At least 13 people were killed and 23 others remained missing after the worst rainstorm of this year lashed Sichuan Province Thursday night, the provincial flood control authorities said Saturday.The victims were killed by mountain torrents, landslides, house collapses or other rain-triggered disasters, according to Sichuan's flood control and drought relief headquarters.The rain forced the Shuangliu International Airport in Chengdu, capital of Sichuan, to close Friday, affecting more than 100 flights and at least 10,000 passengers.The rain stopped in Chengdu Saturday and the airport was working around the clock to handle a record 640 flight landings and takeoffs.Many Chinese regions have reported casualties and losses caused by the rain.Hubei Province has seen 59 people dead and four missing by Saturday since heavy rains began to hit many regions on July 3, which incurred 8.92 billion yuan in economic losses.Shaanxi Province has reported four deaths since Thursday when downpours began to hit 13 counties and forced the evacuation of 260 people.The Three Gorges Dam on the Yangtze River, China's longest, raised water discharge speed again Saturday to save dam space for another round of rainfall coming in two or three days.The Three Gorges navigation administration said Saturday that it will close the ship lock if the floods gush in at a speed of up to 45,000 cubic meters per second.At least 146 people had been confirmed dead and 40 are missing in continuous rainstorms and consequent floods, reportedly worst in years in some regions, according to the Civil Affairs Ministry.
BEIJING, June 12 (Xinhua) -- Chinese Vice Premier Li Keqiang has said that low-rent and affordable housing construction should be sped up to meet people's basic demands for living.The construction of public low-rent housing seeks to offer middle and low-income urban residents with adequate housing and affordable rents. This not only helps curb skyrocketing property prices in some cities, but is also conducive to bridge the income gap and assist in urbanization, Li told a national meeting which concluded on Saturday.While speaking at the two-day meeting, Li urged local authorities to create favorable taxation and financing policies to support such housing programs.He noted that private capital is also welcome to join the mission to diversify fund raising channels. Li urged different localities to explore their own methods based upon their unique conditions to carry out housing construction.Li also said that the construction and distribution of low-rent housing should be transparent and fair.Exorbitant housing prices in some cities have become a major complaint of Chinese citizens. Home prices in 70 large and medium-sized cities rose by 12.4 percent year on year in May, the National Bureau of Statistics said this week.However, the growth rate was 0.4 percentage points lower than that of April, as property sales in major big cities dropped following a string of government measures to rein in prices.
BEIJING, July 24 (Xinhua) -- Chinese President Hu Jintao Saturday called on the armed forces to enhance Communist Party of China organization and promotion in a more scientific way.Hu, also General Secretary of the Communist Party of China (CPC) Central Committee and Chairman of the Central Military Commission (CMC), made the remarks when he met delegates of the People's Liberation Army (PLA) attending a seminar on Party building."Promoting Party building is a political task of paramount importance in all work of the army," he said.He asked the armed forces to integrate Party-related work with practice and to build a study-oriented Party organization and team of leaders by using creative theories and improving ideological education.Chinese President Hu Jintao (L, front), also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission (CMC), meets with delegates of the People's Liberation Army (PLA) attending a seminar on Party building, in Beijing, capital of China, July 24, 2010.Party building should be enhanced through more scientific methods so as to provide a strong incentive and guarantees for the army's comprehensive development and efficient fulfillment of its missions, he said.In January, the CMC set down the short-term tasks to be achieved in improving Party building in the PLA: equipping the Party with creative theories, strengthening intra-Party democracy, training high-quality officers, enhancing construction of grass-roots Party organizations, carrying forward the army's work style, and improving its anti-corruption mechanisms.CMC Vice Chairmen Guo Boxiong and Xu Caihou and other senior military officers were present at the meeting.