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BEIJING, Feb. 5 (Xinhua) -- Despite profound changes in the global economy, China's banking industry expects steady growth during the 12th Five-Year Plan (2011-2015), a senior banker said Saturday.China's steady and relatively fast economic growth is expected to lay a solid basis for the development of the commercial banks' main businesses, said Hu Huaibang, chairman of Bank of Communications, the fifth-largest lender.Meanwhile, the transformation of China's economic growth pattern would provide an impetus to the adjustment and optimization of the lenders' businesses, Hu said.Hu predicted businesses, such as consumer credit, asset management and credit cards, would enter a golden era over the next few years, along with the economy's shift to a domestic consumption-driven model from the current export-oriented growth pattern.Also, increases in personal wealth and growing numbers in the middle class would bring huge potential customers and development opportunities to the lenders, Hu said.Further, he urged Chinese banks to improve their services and launch new products to meet diversified demands.

WASHINGTON, May 20 (Xinhua) -- Two U.S. astronauts conducted the first of four spacewalks for space shuttle Endeavour's STS-134 mission on Friday morning, the U.S. National Aeronautics and Space Administration (NASA) said.According to the U.S. space agency, Endeavour's mission specialists Andrew Feustel and Greg Chamitoff completed the six-hour, 19-minute spacewalk at 9:29 a.m. EDT (1329 GMT). They successfully installed antennas for the External Wireless Communication system, routing cables, setting up the antenna, installing handrails, and connecting power cables.Because of a carbon dioxide sensor failure in Chamitoff's spacesuit, flight controllers limited his spacewalk time to about six hours 20 minutes, 10 minutes less than the planned six hours and 30 minutes. There was no indication his suit's carbon dioxide levels would rise. However, they deferred tasks to remove a micrometeoroid debris shield to access and attach some of the connection points.This was the 245th spacewalk conducted by U.S. astronauts. It was Feustel's fourth spacewalk for a total time of 27 hours and 17 minutes, and Chamitoff's first.Endeavour lifted off on Monday morning from Kennedy Space Center in Florida, to deliver to the International Space Station a 2-billion-dollar, multinational particle detector known as the Alpha Magnetic Spectrometer (AMS).AMS, a particle physics detector, is designed to search for various types of unusual matter by measuring cosmic rays. Its experiments are designed to help researchers study the formation of the universe and search for evidence of dark matter, strange matter and antimatter.

BEIJING, Feb. 24 (Xinhua) -- Chinese Premier Wen Jiabao attended the opening ceremony of the China-EU Year of Youth in Beijing on Wednesday, encouraging young people from China and the EU to build a brighter future for bilateral strategic partnerships.Joining over 500 young people from China and the EU in the Capital Museum in downtown Beijing, Wen said that the year-long youth exchange campaign was the first theme year between China and the EU since the establishment of diplomatic ties, and is also the largest-ever China-EU cultural exchange program."This has revealed that our relations will be more vibrant in the future and full of hopes," he added.China and the EU are in a vital period for deepening cooperation, Wen said, calling on young people from both sides to consider and explore ways to share opportunities, meet challenges and seek common development, which has benefits for China, the EU and the world.Wen hopes that young people from both sides would always be brave in pursuing innovation and the truth. He also encouraged them to learn from each other in a frank and open spirit, in a bid to jointly create a better future for China-EU ties.A video speech from European Commission President Jose Manuel Barosso was aired at the ceremony. He said that the Year of Youth offers an interactive platform for European and Chinese young people to enhance mutual understanding and friendship and also inject vitality to China-EU relations.Premier Wen and Barroso jointly initiated The China-EU Year of Youth during the 12th EU-China summit held in 2009.Along with the opening ceremony in Beijing, Chinese and European youth were immersed in two-day discussions on topics such as culture, education, volunteering, creativity and environmental protection starting on Tuesday."We had excellent discussions on possible cooperation projects, ranging from environmental protection, world heritage to art and intellectual property," said Pierre Arlaud, a member of an EU youth delegation that arrived in Beijing on Monday to participate in the opening ceremony."I can feel there is a strong will from both sides to deepen understanding and forge a stronger partnership," he added.The opening ceremony was the first in a series of exchange activities that will be held throughout the year in China and Europe. The events include cultural seminars, volunteer service conferences, youth summer camps and TV debates.The year-long program was co-hosted by the All-China Youth Federation and the European Commission. The initiative aims to promote intercultural dialogue and strengthen mutual understanding and friendship between young people in China and the EU, as well as encouraging them to support the development of China-EU relations.

BEIJING, Feb. 11 (Xinhua) -- China plans to dig 1,350 wells in eight major wheat-growing provinces to help ease the ongoing drought that is threatening the country's grain harvest, said the Ministry of Land and Resources (MLR) on Friday.The ministry will establish an anti-drought and well drilling operation headquarters and three front working teams in north China, Huanghuai area - along the Yellow and Huai rivers - and northwest China, said the MLR at a video conference.Also, China Geological Survey, an institution directly under the MLR, will transfer experienced technicians from its nine affiliated units to form three emergency squads and 12 emergency groups to assist local governments in finding water in those regions, said the MLR.Further, the MLR will send geological survey teams from its nine affiliated units and eight provinces, including Sichuan, Yunnan and Guizhou, to the eight provinces, it said.The survey teams will bring 100 sets of advanced geophysical prospecting instruments and 320 sets of drill machines to dig 1,350 wells to ease the water shortages affecting people and livestock, especially those in mountainous areas, and strengthen local irrigation, it noted.The eight provinces include Shandong, Henan, Hubei, Anhui, Shanxi, Shaanxi, Gansu and Jiangsu, which are China's major wheat-producing regions and have been severely affected by months-long drought.The MLR had previously put in place a series of measures to relieve drought and find water, such as making underground water layout maps and sending experts to drought-hit regions to give technical guidance, said the MLR.As of 3 p.m. Thursday, the drought had affected 101.28 million mu (6.75 million hectares) of crops nationwide and left 2.81 million people and 2.57 million livestock short of drinking water, said the Office of State Flood Control and Drought Relief Headquarters.

WELLINGTON, May 22 (Xinhua) -- One in every eight women giving birth in a New Zealand hospital last year was Asian, local media reported Sunday.In the country's most populous city, Auckland, 5,149 Asian women gave birth, more than double the number of 15 years ago, the New Zealand Herald reported.Last year was the first year in the city when more Asian women gave birth than indigenous Maori women, who registered 5,015 births.Citing figures from the government statistics agency, Statistics New Zealand, the report said the majority of women nationwide who gave birth last year were still of European descent, accounting for 43,965 of last year's 63,897 births.But more women of other ethnic backgrounds were also becoming mothers, including those from the Middle East, Latin America and Africa.Auckland University head of obstetrics and gynaecology, Professor Lesley McCowan, said the increase reflected New Zealand is an increasingly multicultural society.