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BEIJING, March 21 (Xinhua) -- China would step up efforts to accelerate the transformation of its economic development pattern to achieve sound and fast growth, said Vice Premier Li Keqiang Sunday.Li made the remarks when delivering a speech to the China Development Forum 2010 held in Beijing. The two-day forum started on Sunday with a theme of "China and the World Economy: Growth, Restructuring and Cooperation."Li said China has achieved remarkable results in combating the global economic downturn and the trend of recovery has been consolidated.Chinese Vice Premier Li Keqiang addresses the opening ceremony of the China Development Forum 2010, in Beijing, capital of China, March 21, 2010Expanding domestic demand would be the prime and long-term strategy for transforming the economic development mode, Li said, adding that continuous efforts to optimize the investment structure and adjust income distribution would help fuel the demand.Li said industrial restructuring is a very crucial part of the economic mode transformation, which could be achieved through promoting technology innovations, green economy and the service industry.

BEIJING, Feb. 11 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in January 2010, the National Bureau of Statistics announced Thursday.Food prices went up 3.7 percent last month year on year, with non-food prices edging up 0.5 percent from a year earlier.The figure advanced 0.6 percent in November 2009, ending nine months of decline.

BEIJING, March 11 (Xinhua) -- The Bank of China (BOC) plans to issue new Hong Kong-listed H shares, about 20 percent of its current H shares, as soon as possible, said BOC Board Chairman Xiao Gang Thursday.But the BOC had to wait for approvals from shareholders and securities regulators on the mainland and in Hong Kong, Xiao said.The BOC, China's third largest bank by market value, in January declared it would sell no more than 40 billion yuan (5.86 billion U.S. dollars) of bonds convertible to A shares to improve capital adequacy.The BOC currently had no acquisition plans in China or overseas, Xiao said.The biggest credit risks lied in the local governments' financing units and the BOC was tightening loans to these units, he said.

BEIJING, Feb. 5 (Xinhua) -- Top Chinese legislator Wu Bangguo on Friday met respectively with Chilean Senate President Jovino Novoa and Russia's Presidential Representative to the Far Eastern Federal District Viktor Ishayev.In a meeting with Novoa, Wu reviewed the four-decade bilateral ties since China and Chile established diplomatic ties in December 1970.As the first South American nation to forge diplomatic relations with China, Chile was also the first Latin American country to recognize China's market status and sign free trade agreement."China would like to work with Chile to maintain high-level contacts, expand trade cooperation and enrich people exchanges so as to advance our all-round partnership," Wu said. Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress (NPC), meets with visiting president of the Senate of Chile Jovino Novoa Vazquez in Beijing, capital of China, Feb. 5, 2010.Wu, chairman of the Standing Committee of the National People's Congress(NPC), China's top legislature, pinned high hopes on bilateral legislative ties, calling for enhanced exchanges and cooperation by making use of the effective political dialogue mechanism.Novoa, who was leading a parliamentary delegation for a week-long visit in China, said Chile would never change its course of developing good relations with China no matter what happened in Chile's political landscape.Novoa said the National Congress of Chile would like to work with NPC to boost bilateral relations. Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress (NPC), meets with visiting Russia's presidential representative to the Far Eastern Federal District Victor Ivanovich Ishaev in Beijing, capital of China, Feb. 5, 2010.In another meeting with Ishayev, Wu underlined the importance of China-Russia relation and called for deeper political trust and stronger strategic coordination.Wu said cooperation between different areas of the two countries accounted for an important position in China-Russia relationship and enjoyed a solid foundation for cooperation.Wu called on both countries to take effective measures to implement the cooperation programs the two sides had agreed and promote cross-border infrastructure and transportation cooperation.Ishayev, who became Russia's Presidential Representative to the Far Eastern Federal District last year, said the Russian government paid much attention to the Far East area, which offered new opportunities for collaboration with China.He proposed enhancing cooperation in the fields of infrastructure, energy exploration and forestry processing, among others, to push for comprehensive exchanges and cooperation between neighboring regions of the two countries and realization of win-win situation.Ishayev, who arrived in Beijing Friday, will meet with heads of departments of energy, transportation and commerce during his stay till next Wednesday.

来源：资阳报