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BEIJING, April 11 (Xinhua) -- China's banking regulator said on Sunday that banks should not extend loans to home buyers who intend to use the money for speculative purposes.Lenders should increase their awareness about financial risks and raise the down payment ratio "by a large margin", said the China Banking Regulatory Commission (CBRC) in a statement.Down payment ratio of a second or more houses should be no less than 40 percent and the interest rates should be strictly in line with risks, according to the statement.The action is the latest in a campaign by the central government to dampen China's overheated property market.

BEIJING, May 12 (Xinhua) -- The China-Arab Cooperation Forum has become an important platform to enhance collective dialogue and cooperation between China and the Arab world, said Chinese Foreign Minister Yang Jiechi here on Wednesday.Yang made the remarks in a meeting with his counterparts from Arab countries attending the fourth Ministerial Meeting of the China-Arab Cooperation Forum, scheduled on Thursday and Friday in north China's port city of Tianjin.Yang hailed the steady growth of China-Arab friendly cooperative ties based on the Five Principals of Peaceful Co-existence and features mutual trust, benefits and support.He said the two sides had set up more than ten cooperative mechanisms covering politics, economy, trade, culture and education since the China-Arab Cooperation Forum was launched six years ago.The upcoming ministerial meeting is an important one to push forward further development of the forum mechanism, he said."China is ready to join hands with the Arab side to boost new progress of our cooperation, in a bid to benefit the two peoples," said Yang.Participants attending the meeting include Somali Minister of Foreign Affairs Ali Jama Ahmed Jengeli, Jordanian Minister of Foreign Affairs Nasser Judeh, Lebanon Minister of Foreign Affairs Ali Shami, Mauritanian Minister of Foreign Affairs and Cooperation Naha Mint Mouknass, Libyan Secretary for Foreign Liaison and International Cooperation Mousa Kousa, Minister of Foreign Affairs Sheikh Abdullah Bin Zayed Al Nahyan of the United Arab Emirates and Secretary-General Amr Mahmoud Moussa of the League of Arab States.They told Yang the Arab countries highly values their relations with China, eyeing the up-coming meeting as a new start to further boost Arab-China cooperation in various areas.Foreign ministers and officials from China and 22 Arab states will attend the two-day meeting in Tianjin.

YUSHU, Qinghai, April 15 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday called for unremitting efforts to save people's lives in a visit to the quake-hit area in northwest China's Qinghai Province."The top priority is to save people. We will never give up even if there is only a slim hope," Wen told a meeting at the quake-relief headquarters in Yushu.Wen arrived in Yushu prefecture Thursday afternoon after a three-hour flight and rushed to the worst-affected areas.He visited the ruins triggered by the quake and a local hospital to inspect the rescue work, expressing his sympathy to families of the victims.Chinese Premier Wen Jiabao (R) visits a Tibetan woman in Yushu, northwest China's Qinghai Province, April 15, 2010. Wen arrived here on Thursday to inspect the disaster relief work and visit quake-affected local people.Wen stressed that efforts should also be exerted to strengthen medical care, ensure the basic livelihood of local people, rebuild infrastructure, guard against aftershocks and release information openly.The 7.1-magnitude quake, which struck the Tibetan Autonomous Prefecture of Yushu in southern Qinghai Province early Wednesday has left 760 dead, 243 missing and more than 10,000 injured as of 5 p.m. Thursday.

SHANGHAI, May 1 (Xinhua) -- The Shanghai World Expo formally opened its door to the highly avid public Saturday morning after years of planning and preparation.Top Chinese political advisor Jia Qinglin and International Exhibitions Bureau President Jean-Pierre Lafon activated the opening device together at a commencement ceremony.The Expo, carrying a theme of "Better City, Better Life", reflects the crystallization of wisdom about urban construction and vision of a better future life, Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, said while addressing the ceremony.The opening ceremony of the site of World Expo 2010 is held in Shanghai on May 1, 2010. In his speech, Jia expressed gratitude to all participants, the BIE and those who toiled for the preparation for the grand event.In the Expo, visitors could enjoy pavilions with original design, explore scientific and technological progress, enjoy various cultural events, and take part in symposiums to fully experience the mankind's pursue for development of civilization, he said.

BEIJING, April 6 (Xinhua) -- Indian Foreign Minister Somanahalli Mallaiah Krishna said here Tuesday that a strong and stable relationship between India and China has an impact on the entire world."As India and China manage their domestic priorities well, it has huge implications for global prosperity," Krishna made the remarks in his speech entitled "India and China in the 21st Century" at the China Institute of International Studies.The two countries "are raising the living standard of almost one-third of humanity," he said.In the past two decades, India and China have impacted significantly on global per-capita income, longevity and human development, said Krishna, there is much that can be gained through close cooperation.Facing challenges of urbanization, resource consumption, food and energy security, China and India can exchange best practices to benefit each other, the foreign minister said.He said "considerable scope" exists for joint projects in a huge infrastructure demand in India, covering sectors like power, roads, rail and telecommunication. On the Chinese side, the outsourcing of IT by state enterprises has only started recently. There is a potential waiting to be tapped, which would happen only by connecting Chinese users to Indian providers.As a reshaping of the global architecture is underway, evident in new groupings like the G20, BRIC, BASIC and the East Asia Summit, Krishna said as developing societies, India-China convergence is manifest on issues like climate change and global trade rules."We have to accept that there will be outstanding issues between the two countries even as our relationship forges ahead. The true test of our maturity is how well we handle our problems," said Krishna.A number of dialogues and forums already exist between India and China where both sides discuss bilateral, regional and global political issues, including boundary question, trade matters and water management."Regular meetings lead to better communication, more understanding and confidence," said Krishna, encouraging an "intensive and sustained engagement" between the two systems.As to media speculation that India and China have a "competitive" relationship, Krishna said it is up to the two countries to disprove such scenarios by "concrete examples of cooperation".As this year celebrates the 60th anniversary of China-India diplomatic ties, Krishna told a reception later Tuesday that his country would take the opportunity to renew cooperation, engagement and understanding between the two peoples.

来源：资阳报