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BEIJING, Oct. 12 (Xinhua) -- China said Tuesday people-to-people exchanges between China and Japan are important in the improvement and development of bilateral relations.Chinese Foreign Ministry spokesman Ma Zhaoxu made the comment at a regular press briefing here.According to reports, Japan's Japan-China Friendship Association Sunday said on its website that China has informed the Japanese Foreign Ministry that it will accept a visit by some 1,000 Japanese youngsters to Shanghai to attend the 2010 World Expo.The youngsters will visit Shanghai from October 27 to 30.Ma's comment confirmed the visit by Japanese youngsters."We welcome more Japanese youngsters attending the 2010 Shanghai World Expo," Ma said.People-to-people exchanges, youngsters in particular, between the two countries are very important in the improvement and development of bilateral relations, Ma said.

PYONGYANG, Oct. 23 (Xinhua) -- A delegation of senior Chinese military officers watched the "Arirang" performance here Saturday night as part of celebrations to mark the 60th anniversary of the entry of the Chinese People's Volunteers (CPV) into the Korean War front.The delegation, led by Guo Boxiong, vice chairman of China's Central Military Commission, is on a four-day visit to the Democratic People's Republic of Korea (DPRK). They were joined at the show by Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the DPRK.Before the show, Guo met Kim and a number of other DPRK leaders, including Choe Yong Rim, premier of the cabinet, and Kim Yong Chun, vice-chairman of the National Defence Commission.Guo hailed the DPRK's attention to its relations with China. He said the visit of the delegation was to implement the important consensus reached between Chinese President Hu Jintao and the DPRK's top leader Kim Jong Il.China would work with the DPRK side to make an active contribution to the continuous promotion of the Sino-DPRK friendship, Guo said.Kim Yong Nam warmly welcomed the visit of the Chinese delegation.The DPRK cherished its friendship with China. To consolidate and develop the relations was the firm will of the DPRK, Kim said.The "Arirang", a mass gymnastic and artistic show with some 100,000 performers, showcased the achievements made by the DPRK people in socialist construction, and their love of the fatherland, aspiration for reunification and peace.The CPV entered the DPRK on Oct. 25, 1950, about four months after the Korean War broke out.In an article marking the anniversary, the DPRK's official KCNA news agency said Thursday that the CPV not only displayed a spirit of self-sacrifice and heroism but also promoted friendship.

BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.

BEIJING, Oct. 15 (Xinhua) -- The 17th Central Committee of the Communist Party of China (CPC) opened its fifth plenary session in Beijing Friday to discuss the nation's next five-year development plan.The four-day meeting will review proposals for the country's 12th five-year program (2011-2015) on national economic and social development.The period would be critical for building a moderately prosperous society, the Political Bureau of the CPC Central Committee announced last month.It would be a time of difficult issues for deepening the reform and opening-up process while accelerating the transformation of the nation's economic development pattern, said the announcement.China has pledged to build a "xiaokang" -- moderately prosperous -- society in the first two decades of the 21st century."The next five-year program will be vital for dealing with difficulties to realize the objective by 2020," said Prof. Hu Angang, a prominent expert on China's national situation in Beijing."The new program will basically be in accordance with the principles of Scientific Outlook on Development," Hu said.Despite of high GDP growth for years, China still faces huge challenges in development, ranging from unbalanced economic growth pattern, widening gap between urban and rural areas and between different regions, to environmental problems as well as international trade protectionism."China's export-driven economic growth is unsustainable," said Justin Yifu Lin, World Bank Chief Economist and Senior Vice President."Transformation of the country's economic growth pattern should still be a major issue for the next five years, 15 years and even a longer period of time."The CPC Central Committee Political Bureau said in a last month's statement that transformation of the economic growth pattern should be based on improving people's livelihoods.President Hu Jintao has pledged to adopt "Inclusive Growth," a concept created and advocated by Asian Development Bank in 2007, for resolving social problems as a result of economic development.According to Hu, inclusive growth means to spread the benefits of economic globalization and development among all countries, regions and people and to realize balanced economic and social progress through sustainable development.World Bank President Robert Zoellick said developing countries will play a more important role in balancing and stabilizing the world economy, and China's effort will be of great significance for restructuring the world economy after global downturn.A draft version of the proposals for the 12th five-year program has been offered to some delegates of the CPC's 17th National Congress and organizations outside the Party.The document was further revised based on their suggestions.Sources with the CPC said the proposals, accumulated from throughout the Party and other organizations, would become a guideline document for China's continued reform and opening-up process as well as socialist modernization.

ISTANBUL, Oct. 8 (Xinhua) -- Chinese Premier Wen Jiabao met with Turkish President Abdullah Gul here Friday on bilateral relations.Wen said China and Turkey have witnessed frequent high-level bilateral exchanges, steady growth of economic, trade and investment cooperation, and good cooperation in regional and international affairs since the establishment of diplomatic ties between the two countries.The establishment of a strategic relationship of cooperation, which the two sides agreed upon Friday, is in the fundamental interests of the two countries and the peoples and is beneficial to world peace and development, he said. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.Wen said China is willing to work together with Turkey on the implementation of the important consensus and agreeements that the two sides have reached to turn a new chapter in bilateral relations.Gul said Wen's successful visit to Turkey is sure to bring bilateral relations to a new level.He reiterated Turkey's adherence to the one-China policy.The Turkish president said that he saw great potential in the bilateral economic and trade cooperation and that Chinese enterprises are welcome to be involved in Turkish economic development.Gul said mutual understanding between the two peoples is very important and he hoped that the two countries will celebrate the 40th anniversary of the establishment of diplomatic ties next year with further expansion of bilateral cultural exchanges and tourism cooperation.Wen arrived in Turkey Thursday on a three-day official visit at the invitation of Prime Minister Recep Tayyip Erdogan.