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ANKARA, Oct. 7 (Xinhua) -- Chinese Premier Wen Jiabao arrived in Ankara on Thursday night for a three-day official visit to Turkey.Turkey is the last leg of Wen's four-nation tour, which has taken him to Greece, Belgium and Italy. He also had an unscheduled meeting with his German counterpart Angela Merkel on Tuesday in Germany.Earlier on Thursday in Rome, Wen held talks with Italian Prime Minister Silvio Berlusconi, President Giorgio Napolitano and parliamentary leaders, and launched together with Berlusconi the program of the Chinese Culture Year in Italy. Chinese Premier Wen Jiabao (L, front) arrives in Ankara, capital of Turkey, for an offical visit, on Oct. 7, 2010.During his stay in Turkey, Wen is scheduled to meet with Turkish Prime Minister Recep Tayyip Erdogan and President Abdullah Gul.Chinese Ambassador to Turkey Gong Xiaosheng said last week that Premier Wen's visit to Turkey will boost the two countries' relations to a new level."We expect the Chinese-Turkish ties to have a new and better development and a leap forward after Wen visits Turkey," Gong told a press briefing in Ankara. "As the two nations know more about and work more with each other, I believe there will be great prospects for our cooperation."
BEIJING, Oct. 23 (Xinhua) -- One of China's top banking regulators has called upon the nation's commercial lenders to improve their balance sheets and reduce excessive reliance on lending for profits.Wang Zhaoxing, deputy chairman of the China Banking Regulatory Commission(CBRC), said banks should not seek excessive profits from a rapid increase in loans and a widening gap between lending and deposit rates, which is unsustainable.Chinese banks went on a lending spree in 2009 in response to the urging of the government as part of the 4-trillion-yuan (601 billion U.S. dollars) stimulus package to ward off the effects of the global financial crisis.Also, nearly 9.6 trillion yuan in new loans last year fuelled fears of banks distributing bad loans.Many banks continue to depend upon issuing credit to government-backed projects to secure profits, Wang said at an industry meeting Thursday. However, those projects often lack adequate risk management.Further, Wang urged lenders to improve balance sheets and the quality of assets, as well as the ability to manage risk aversion.Chinese banking and financial institutions reported net profits of 668.4 billion yuan last year, of which a lion's share came from the gap between deposit and lending rates, investment proceeds and fees, according to the report on China's banking industry issued by the CBRC in July.The report noted that the average capital adequacy ratio stood at 11.4 percent at the end of last year, above the international safety line, while the non-performing loan (NPL) ratio fell to 1.58 percent, down 0.84 percentage points from the level at the beginning of 2009.Despite the improved data, CBRC chairman Liu Mingkang has repeated warnings that an NPL rebound could bring with it risks from lending to local government financing platforms and the property sector which has accumulated asset bubbles.At the meeting, Wang said the CBRC would enhance oversight to assure unscrupulous and unhealthy financial institutions are phased out of the market.Also, China will gradually move towards a market-driven interest rate mechanism, which would ultimately squeeze bank profits.
WARSAW, Nov. 4 (Xinhua) -- China's top political adviser Jia Qinglin met Grzegorz Schetyna, speaker of the Polish House of Representatives, here Thursday and vowed to bolster ties with the central European nation. Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, applauded Chinese-Polish relations, urging the two sides to boost economic and trade cooperation."China attaches importance to the relations with Poland, which is China's important partner in Europe and the European Union," Jia said.China will, based on the principles of mutual respect, mutually beneficial, non-interference of domestic affairs, further personnel exchange with Poland, expand cooperation in various fields such as trade and economy, take care of each other's core interests and major concern, Jia said. Jia Qinglin (R), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, meets with Grzegorz Schetyna, speaker of the Polish House of Representatives, in Warsaw, Poland, Nov. 4, 2010.Schetyna welcomed Jia's visit, during which several agreements on economic and technological cooperation were inked, saying it would contribute to the development of bilateral ties.Jia arrived here Tuesday for a five-day official goodwill visit. He will continue his four-state trip after visiting Krakow, the ancient Polish capital in the south of the country.Upon his arrival at Krakow Thursday afternoon from Warsaw, Jia met with Stanislaw Kracik, governor of the Lesser Poland Voivodeship in southern Poland.He hailed the cooperation between the Polish province and its sister Jiangsu Province in east China, urging the two provinces to further such ties.
WUHAN, Sept. 6 (Xinhua) -- Chinese Vice Premier Li Keqiang on Monday urged medical authorities to increase prevention and control measures against schistosomiasis, as lingering rainfall and massive floods in the country's south have increased outbreaks of the disease.Priority should be given to upgrading the capacity of grass-roots level medical institutions in disease prevention and control, he said, adding medical authorities should distribute free medicine to prevent contracting the disease as well as treating patients as early as possible.He further said medical costs should be reduced or exempted for the poor and efforts should be made to raise people's awareness in disease prevention and control.Schistosomiasis, a wasting disease that causes blood loss and tissue damage, afflicted many Chinese before the 1960s due to widespread below-standard waste treatment in rural latrines, fishing boats and water.People who work or play in areas where the water contains freshwater snails are especially prone to be affected by the water-borne parasitic worm disease, commonly known as snail fever.
BEIJING, Oct. 20 (Xinhua) -- Participants at a human rights forum in Beijing have paid tribute to China's treatment of human rights issues."We have a different culture. The Chinese have a different culture. We would appreciate the situation where human rights are dealt with within their own cultural contexts," Elisabeth Perioli Bjornstol, a Norwegian participant on a panel discussion at the forum, said Wednesday.The panel discussion was a part of the two-day Beijing Forum on Human Rights that started Tuesday. The forum attracted about 80 officials, scholars and experts from more than 25 countries, regions and international organizations.China's human rights situation was one of the focal points at the forum."It is highly important to reflect and discuss the key issues of human rights worldwide. People now can come and see how China develops. Ignorance and lack of information were the root causes for many conflicts," Elisabeth Perioli Bjornstol added.Jiang Guoqing, a professor from China Foreign Affairs University, said on the same panel discussion that since reform and opening up was initiated in 1978, China has made great progress in both human rights and modernization.He Ying, vice president of Heilongjiang University, said, "The West often criticizes China for not progressing fast. It also criticizes China for its recognition of individuals' rights. But I think the West needs to recognize China as a developing country that is moving in the right direction in many fields."