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BEIJING, March 14 (Xinhua) -- Premier Wen Jiabao said Sunday that keeping the RMB exchange rate basically stable had played an important role in facilitating the recovery of the global economy from the worst financial crisis in decades.When the global economy was worst hit between July 2008 and February 2009, the real effective exchange rate of the RMB has risen by 14.5 percent, Wen told a press conference after the annual parliament session.  Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010.

BEIJING, Jan. 21 (Xinhua) -- China's yuan-denominated individual home mortgage lending rose 1.4 trillion yuan (204.98 billion U.S. dollars) in 2009, up 47.9 percent from the previous year, said a report issued by the People's Bank of China, the central bank, on Wednesday.The growth rate was 37.4 percentage points higher than the previous year, said the report on China's investment flow in 2009.Meanwhile, the yuan-denominated property development lending gained 576.4 billion yuan in 2009, up 30.7 percent year on year, and the growth rate was 20.4 percentage points more than the previous year, the report said.The total mid-term and long-term loans in foreign and domestic currency expanded 7.1 trillion yuan in 2009, up 43.5 percent from the previous year, and the growth rate was 23.4 percentage points more than the previous year.The short-term loans in foreign and domestic currency expanded 2.3 trillion yuan, up 758.5 billion yuan from the same period last year.Industrial mid-term and long-term loans in foreign and domestic currency added 1 trillion yuan among China's major financial institutions, up 26 percent from the previous year.Infrastructure mid-term and long-term loans in foreign and domestic currency expanded 2.5 trillion yuan, up 43 percent from the same period last year, according to the report.The central bank said on Jan. 15 that China's new yuan-denominated lending in 2009 hit a record 9.59 trillion yuan (1.4 trillion U.S. dollars), almost double that of the previous year.

GENEVA, March 17 (Xinhua) -- It's still not the time to talk about sanctions against Iran as the door of diplomacy is still open on finding a compromise over its nuclear program, He Yafei, China's ambassador to the United Nations Office in Geneva, said on Wednesday."I think the door of compromise through negotiations, the door of diplomacy, is not closed," He told reporters."We need to do our best, to exhaust every avenue before we decide on whether we should have new additional sanction measures, " He said.The Chinese ambassador said that Iran, as a member of the Nuclear Non-Proliferation Treaty (NPT), is entitled to the peaceful use of nuclear energy, but the country "should not develop any capability that can produce nuclear weapons.""We certainly do not want to see an Iran with a nuclear weapon capability...China is very much for safeguarding and strengthening the nuclear non-proliferation regime," He said.According to the ambassador, the way out for Iran's nuclear issue is to have a dialogue and to have negotiations with the country.He added that China had been talking to Iran constantly and urging the country to agree to a proposal by the International Atomic Energy Agency (IAEA) as a first step to solve the nuclear issue.Under the IAEA proposal, most of Iran's existing low-grade enriched uranium should be shipped to Russia and France, where it would be processed into fuel rods with the purity of 20 percent. The higher-grad nuclear fuel would then be transported back to Iran for the use at a research reactor.The United States and its Western allies have long been accusing Iran of secretly developing nuclear weapons under the disguise of a civilian program. Iran has denied the accusation and stressed its nuclear program is solely for peaceful purposes.Nowadays Western powers are talking about adopting new sanctions on Iran over its nuclear program through a UN resolution.

BEIJING, March 11 (Xinhua) -- China's top political advisor Jia Qinglin on Thursday urged for pushing forward mainland-Taiwan relations steadily, saying the two sides are facing a grand opportunity for the development of ties.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the call when attending a panel discussion of the annual session of the National People's Congress."The relations across the Taiwan Strait saw comprehensive improvement and development over the past year, and we are now facing a grand opportunity to develop the ties," Jia told NPC deputies of the delegation representing Taiwan."It's imperative to do well the work concerning Taiwan in a concrete and effective manner and steadily push forward cross-Strait relations," Jia said."We must stick to the principle that the mainland and Taiwan both belong to one China, consolidate the political foundation for the peaceful development of cross-Strait relations and strengthen political trust between the two sides," Jia said.Jia, also Standing Committee member of the Political Bureau of the Communist Party of China Central Committee, also urged the two sides to deepen their economic cooperation and establish a long-term mechanism for mutual development and benefit.Cultural and educational exchanges should be vigorously promoted to deepen the sense of national and cultural identity between compatriots across the strait, Jia said.