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BEIJING, Jan. 16 (Xinhua) -- China is pinning hopes on its affordable housing programs to cool its red-hot property market in the latest round of campaigns against rising asset bubbles, after the government moved to crack down on market speculation during the past year.Experts held that to increase supplies of affordable housing is the key solution to guide the market toward healthy development and help stabilize prices.During a talk show hosted by China National Radio on Dec. 26, Chinese Premier Wen Jiabao said the government will press forward housing price control and increase the supply of affordable houses for low-income earners.His words came after the government had announced a plan to build 10 million more low-income housing units this year.China is working on a more healthy system that provides housing that meets different demands, after an array of policies, including tighter credit for commercial housing, failed to produce satisfactory results in 2010.In 70 major Chinese cities, home prices rose 0.3 percent month on month and 7.7 percent year on year in November last year, which was the third consecutive month prices rose.China started the construction of some 5.9 million units of affordable homes in 2010, of which 3.7 million were completed, official figures showed.Qin Hong, a researcher with the Ministry of Housing and Urban-rural Development, said the number of affordable homes is still "far from enough", especially as more low-rent homes are needed for China's "sandwich class" families who either are disqualified for low-cost housing or cannot afford the sky-high prices of commercial housing."By attaching more importance to affordable homes and low-rent housing, it seems that the government is leading the market in the right direction," said Zhang Hanya, head of the Investment Association of China.

HANOI, Nov. 27 (Xinhua) -- Chinese and Vietnamese defense ministries held their fourth defense and security consultation here on Thursday.The consultation was chaired by Deputy Chief of the Chinese People's Liberation Army General Staff Ma Xiaotian and Vietnamese Deputy Defense Minister Nguyen Tri Vinh.At the consultation, the two sides exchanged views on regional security, bilateral relations and bilateral military ties, and other issues of mutual concern.The two sides spoke highly of the defense and security consultation mechanism, holding that it is an effective measure to push forward bilateral relations and bilateral military ties and should be fully utilized. Deputy Chief of the Chinese People's Liberation Army General Staff Ma Xiaotian (2nd L) and Vietnamese Deputy Defense Minister Nguyen Tri Vinh (2nd R) chair the fourth China-Vietnam Defense and Security Consultation in Hanoi, Vietnam, Nov. 27, 2010. Chinese and Vietnamese defense ministries held their fourth defense and security consultation here on Thursday , during which the two sides exchanged views on regional security, bilateral relations and bilateral military ties, and other issues of mutual concern.Both sides said they cherished traditional friendship between China and Vietnam, and vowed to further strengthen political mutual trust, enhance cooperation and properly settle sensitive issues that could have an influence on bilateral relations or bilateral military ties.The two sides vowed to strengthen exchanges and coordination in international affairs, speed up efforts in handling difference and challenges, and make joint efforts to safeguard regional peace, security and stability.

GUANGZHOU, Dec. 12 (Xinhua) -- Chinese Vice Premier Li Keqiang on Sunday met with foreign leaders and international sports organization officials who were in Guangzhou to attend the opening ceremony of the Asian Para Games.Among the foreign guests Li met were Philip Craven, president of the International Paralympic Committee, Datuk Zainal Abu Zarin, president of the Asian Paralympic Committee, and Jejomar Binay, vice president of the Philippines.Li extended warm welcome to them and spoke highly of their contribution to the Guangzhou Asian Para Games and the cause for people with disabilities.Chinese Vice Premier Li Keqiang (R) meets with the International Paralympic Committee President Philip Craven in Guangzhou, south China's Guangdong Province, on Dec. 12, 2010. The opening ceremony of the 2010 Asian Para Games was held in Guangzhou Sunday.He also said the Chinese government would further support the cause for people with disabilities to create more favorable conditions for them to integrate into society.Li declared the opening of the games Sunday evening at the Olympics Stadium of Guangzhou, capital city of south China's Guangdong Province.The Asian Para Games will last for a week.

BEIJING, Nov. 21 (Xinhua) -- China has sent three warships to escort a Chinese cargo ship that had been attacked earlier by pirates in the Arabian Sea near Oman, the China Maritime Search and Rescue Center (CMSRC) said Sunday.Twenty-one crew members, all Chinese nationals, have now been accounted for aboard the Taishankou.The center said the crew hid in a safety compartment when the pirates boarded the ship. It did not mention any injuries among crew members.The center received a call for help from the Taishankou at 4:40 p.m. (Beijing Time) Saturday. Chinese warships assigned to escort duties in the Gulf of Aden rendezvoused with the Taishankou at 8:44 a.m. Sunday.Additionally, the CMSRC advised vessels to pay more attention to safety since the area reported a recent increase in pirate attacks.This followed another Chinese ship, the Lecong, being attacked by pirates in the northern Indian Ocean Thursday. One of the 26 crew members aboard the Lecong was injured during a battle with the pirates.The Lecong is now sailing toward Oman under the escort of a Chinese warship, according to a report in Sunday's People's Liberation Army Daily.The injured crew member was reported to have suffered a wound and infection, though his medical condition was reported as stable.

BEIJING, Nov. 27 (Xinhua) -- Chinese Foreign Minister Yang Jiechi on Saturday discussed the latest situation on the Korean Peninsula in phone calls with Russian counterpart Sergei Lavrov and Japanese foreign minister Seiji Maehara.The discussions follow an artillery exchange between South Korea and the Democratic People's Republic of Korea (DPRK) in waters off the west coast of the divided peninsula on Tuesday.During the conversations, Yang said safeguarding peace and stability on the Korean Peninsula served the common interests of concerned parties.Those parties should call on the DPRK and South Korea to exercise calmness and restraint and hold dialogue and make contacts, and not to take actions that would escalate the conflict, he said.He said all parties should work together to help cool the situation as soon as possible and effectively ensure no repeat of such conflict.Meanwhile, the Chinese minister expressed the hope that concerned parties would take a reasonable and pragmatic approach to actively create favorable conditions for resuming the six-party talks.The parties should also commit themselves to establish related mechanisms at an early date to eliminate various factors threatening peace and stability on the Korean Peninsula and in the whole region.Lavrov said Russia agreed with China on the latest situation and was ready to keep close contact with China to help defuse the tensions on the peninsula and create conditions for a restart of the six-party talks.Maehara said that Japan is willing to work together with China to jointly safeguard peace and stability on the Korean Peninsula and push forward the denuclearization process of the Peninsula.During Tuesday's incident, shells landed on South Korea's Yeonpyeong Island near the contentious sea border called Northern Limit Line (NLL). The clash left four South Koreans dead, while damages to the DPRK have yet to be verified.