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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.
TASHKENT, June 11 (Xinhua) -- The Shanghai Cooperation Organization (SCO) 10th annual summit ended here Friday with a declaration pledging to build an effective and open multilateral organization dedicated to regional peace, stability and prosperity.REGIONAL PEACE, STABILITY, PROSPERITYParticipants from the six SCO member countries -- China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan -- discussed key regional and global issues at the gathering.The declaration pledged to strengthen mutual support on issues relating to each other's core interests, boost cooperation in the combat against terrorism, separatism and extremism and other destabilizing factors, enhance cooperation in overcoming the aftermath of the global financial crisis and develop infrastructure in the region.The SCO had developed into a highly efficient and open multilateral organization and was an important factor in international and regional security and cooperation structures, the declaration said.The organization will stick to its practice of shunning ideological means, cliquing or confrontation in efforts to settle major problems emerging in the process of international and regional development.

BEIJING, Aug. 19 (Xinhua) -- China's domestic corn supply was adequate, and a recent price increase was the result of market speculation, a senior official told Xinhua Thursday.Shang Qiangmin, director at the China National Grain and Oils Information Center, said both the supply and corn reserves were adequate in China and the government was determined to regulate the corn market."Imbalance between corn supply and demand is a misjudgement," Shang said.Although floods that ravaged the country's northeastern regions in late July have caused adverse impacts on regional corn growing, final output was expected to increase from one year earlier due to the expanding of planting areas, Shang said."China has enough corn reserves to meet market demand," he said.The buying boom in the northeastern region is currently caused by enterprises' increasing corn stocks on speculation of price increase, he said.According to Shang, corn stocks at major grain enterprises in northeastern Jilin, Liaoning and Heilongjiang provinces, and Inner Mongolia Autonomous Region, increased by 5.12 million tonnes at the end of July compared with one year earlier.The Chinese government has strengthened macro control of corn market by increasing supply and cracking down on illegal activities that force up corn prices.As the world's major corn producer and consumer, China's annual corn production and consumption both exceed 150 million tonnes.
ZHENGZHOU, July 2 (Xinhua) -- Three city mayors were suspended from their positions Friday after three mine accidents killed 169 people in central China's Henan Province, said the provincial authorities Friday.Li Endong, mayor of Pingdingshan City, Li Junfeng, vice mayor of the city in charge of work safety, and Shen Qinghuai, vice mayor of Luoyang City in charge of work safety, were suspended Friday, pending investigations, said the provincial committee of the Communist Party of China in a statement.Pingdingshan has seen two deadly accidents since last year. At least 49 miners died after explosives detonated at Xingdong No. 2 Mine on June 21, 2010. Another deadly gas explosion killed 76 people in the Xinhua No.4 pit in Xinhua District on Sept. 8, 2009.Luoyang City was home to a gas blast that killed 44 people in a coal pit in Yichuan County on March 31, 2010.All three mines had been ordered to suspend production before the accidents but somehow operated secretly as a result of possible negligence by the safety watchdogs.
HUAYIN, Shaanxi, July 25 (Xinhua) -- Rescuers failed to close a breach of a flooding river embankment in northwest China's Shaanxi Province Sunday,rescue headquarters said.More than 3,000 soldiers and militiamen have been filling the gap of the embankment of Luofu River with stones and sand bags, and managed to narrow the 80-meter gap into 2 meters, said a spokesman at the headquarters.But the breach expanded again to eight meters wide as stones and sand bags ran out, he said.Luofu River, a tributary of Weihe River, breached Saturday morning.A total of 6,404 people from 1,587 households in Huayin had been evacuated before the flood early Saturday. No casualties have been reported.Torrential rains pounded Huayin City from 8 a.m. Friday to 6 a.m. Saturday.
来源:资阳报