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BEIJING, July 22 (Xinhua) -- Chinese President Hu Jintao has said that the government should stick to the pro-active fiscal policy and moderately loose monetary policy in the second half of this year to ensure a stable and relatively rapid economic development.Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remarks at a symposium held in Beijing Tuesday, with attendance of people from the non-communists parties and the All-China Federation of Industry and Commerce, as well as celebrities without party affiliations.Other members of the Standing Committee of the Political Bureau of the CPC Central Committee, including Wen Jiabao, Jia Qinglin, Xi Jinping, Li Keqiang, also attended the symposium."We should strengthen our awareness of current risks and challenges the country is facing in economy, and firmly implement the central government's policies to ensure a stable and relatively rapid economic development," Hu said.Hu said the economy is developing in the right direction under the government's macroeconomic controls and the government would maintain the continuity and stability of its economic policies to make them more targeted and flexible according to new conditions.Further, more efforts should be made to strengthen economic forecasts and warning systems, as well as in the coordination of economic policies, Hu added.Hu asked for more efforts in the grain industry to achieve a good harvest this year and to improve control and relief work in combating floods and drought.

BEIJING, July 12 (Xinhua) -- Housing prices in major Chinese cities rose 11.4 percent year on year in June, one percentage point lower than the increase in May, the National Bureau of Statistics (NBS) said Monday.This was the second consecutive month that China's property prices grew at a slower pace. Property prices in the 70 large and medium-sized cities grew 12.4 percent in May, 0.4 percentage points lower than that of April.On a monthly basis, June property prices in these cities fell 0.1 percent compared to the month before, the NBS said.New home prices rose 14.1 percent year on year in June, down one percentage point from May. Prices of second-hand homes gained 7.7 percent last month, compared with an increase of 9.2 percent in May.The Chinese government started a campaign in April to rein in soaring house prices, including tightened scrutiny of developers' financing, limited loans for third-home purchases, and higher down-payment requirements for second-home purchases.

MOSCOW, June 21 (Xinhua) -- China has played a role of great importance during the founding and development of G20, Russian presidential aide Arkady Dvorkovich said on Monday."Without China's participation, it would be much more difficult for the group to discuss or solve the developmental problems of world economy. Therefore, the participation of China, as well as some other emerging economies like Brazil and India, has become prominently significant," Dvorkovich commented after a news conference ahead of the upcoming G8 and G20 summit in Toronto, Canada.The presidential aide said the Chinese leaders' stance and viewpoints, proposed in the previous three G20 financial summit since November 2008, have helped stabilize the world economy as a whole.Dvorkovich noted that China's decision on further exchange rate reform was not outcome of external pressure.He said that any country, including Russia, China and the United States, could not allow their domestic policies to be ruled by external factors. The nations, however, should understand the common and mutual responsibilities in the global economic system.The delegates to the G20 summit will adjust their polices after consultations, but nobody will bend under pressure, he stressed.Dvorkovich said that several countries may voice concerns over China's exchange rate policies at the summits, but there will not be large-scale discussions over the Chinese currency.The People's Bank of China, China's central bank, announced on Saturday a decision to proceed further with the reform of the exchange rate regime to enhance the flexibility of the RMB's exchange rate.

XI'AN, July 3 (Xinhua) -- Three workers were killed Saturday after a towering crane collapsed at a school building construction site in northwest China's Shaanxi Province, according to local authorities.The accident happened around 1 p.m. when five people were working on the crane at the Shangluo Vocational and Technical College in Shangluo City, said a spokesman with the provincial emergency response office.The operator of the crane and two workers died after falling about 30 meters, while two other workers survived the accident by climbed down from the tower, said the spokesman.Another worker who suffered minor injuries was receiving treatment at hospital, he said.The cause of the accident is under investigation.

CHONGQING, July 19 (Xinhua) -- Rain-triggered landslides in southwest China Monday blocked a river, creating a barrier lake in Chongqing Municipality and forcing the evacuation of more than 12,000 people, flood control authorities said.The landslide blocked the Luojiang River in Chengkou County early Monday, creating a dam holding 15 to 20 million cubic meters of water, said Xing Hua, a Chengkou Water Resources Bureau spokesman.As of 5 a.m. Monday, the barrier lake was five-square-kilometers in area and 18-meters deep, said Xing.Photo taken on July 19, 2010 shows the Ciqikou Town surrounded by flood water of the Jialingjiang River, southwest China's Chongqing Municipality. The water level of Beibei section of Jianglingjiang River rose to 197.76 meters, 3.26 meters higher than the alarm line.All 12,000 residents - 7,000 from Chongqing and 5,000 from neighboring Sichuan Province - have been evacuated to higher ground, flood control authorities in the two regions said.The rising waters may flood the upper reaches of the river while any potential dam breach would bring fatal floods downstream.Continuous downpours and poor road conditions have hindered work teams and experts getting near the site, stymying efforts to deal with the barrier lake, said Chengkou County's flood control office.