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BEIJING, Jan. 21 (Xinhua) -- A senior official with China's central bank Wednesday called on lenders to balance their lending this year and to avoid abrupt loan fluctuations.The People's Bank of China (PBOC) will continue to optimize the lending structure and properly manage the pace of credit growth while ensuring sufficient loans for economic recovery, said Zhang Tao, head of the bank's financial survey and statistics department.The PBOC will continue its moderately loose monetary policy this year, he added.Premier Wen Jiabao on Tuesday urged the government to optimize credit structure and maintain a proper pace of credit supply to guard against financial risks.China's top banking regulator Liu Mingkang told the Asia Financial Forum held in Hong Kong Wednesday that China's overall credit growth will be scaled down to 7.5 trillion yuan (1.1 trillion U.S.dollars) in 2010, compared with last year's lending spree of 9.59 trillion yuan.To help soak up extra cash flow, the central bank raised the reserve requirements on banks by 0.5 percentage points on Monday, the first increase in 18 months, which analysts forecast would help freeze 250 billion yuan of liquidity.

BEIJING, Feb. 7 (Xinhua) -- Chinese Premier Wen Jiabao said Sunday that China-Japan ties are at a crucial stage, urging the two countries to enhance mutual trust and step up dialogue and cooperation in all spheres."In the first decade of this century, China and Japan have taken an important step towards the goal of a strategic and mutually beneficial relationship after undergoing twists and turns," said Wen in his congratulatory letter to a meeting on China-Japan friendship.The first meeting of the fifth 21st Century Committee for China-Japan Friendship, an advisory body for the two governments, opened in Beijing on Sunday to discuss various dimensions of China-Japan relations and provide policy suggestions to the two governments.The committee, with Tang Jiaxuan, a former state councilor, and Taizo Nishimuro, Tokyo Stock Exchange (TSE) president, as chairs of the two sides, is holding a three-day meeting."At the crucial stage of bilateral relations, I hope the members from both sides will work closely and come up with valuable suggestions to contribute to the long-term friendship and common prosperity," Wen said.The relations between China and Japan, two important neighboring countries in Asia, have seen stable development since Japanese Prime Minister Yukio Hatoyama took office last September.Wen said the cooperation between China and Japan will "not only benefit both countries and Asia at large, but also exert positive and profound impact on world political and economic structure" in the face of complex international situation and many grave challenges.Hatoyama in his congratulatory letter also urged the two countries to beef up understanding and cooperation to build comprehensively their strategic and reciprocal relations.In his keynote speech at the meeting, Tang Jiaxuan made four proposals on advancing bilateral ties.Tang proposed that the two countries continue to foster strategic mutual trust, work on the economic relations by highlighting cooperation in environmental protection, low-carbon economy and high-tech, boost cultural exchanges and enhance coordination in international and regional affairs.He said China-Japan relations still face some problems and challenges that can't be neglected, noting that their political mutual-trust needs to be promoted, their national feelings towards each other need to be improved and some sensitive issues need to be properly handled.Taizo Nishimuro also made proposals including enhancing political mutual trust, promoting trade liberalization, encouraging cultural exchanges and promoting Asian regional cooperation and world peace.

HANGZHOU, Feb. 13 (Xinhua) -- Days before its 4,000 employees, mostly migrants, started off upon their annual trips home for the Chinese Lunar New Year, Tiansheng Group, a textile company in the eastern Zhejiang Province, promised pay rises hoping workers would all come back after the holiday."We are expecting a severe shortage of skilled workers this year," said Wei Guoliang, president of the company's trade union. "We'll be short of at least 1,000 workers in Spring."Lu Laofa (R), a 40-year-old migrant worker from southwest China's Guizhou Province, and his children make a free phone call with their relatives at the railway station of Hangzhou, capital of east China's Zhejiang Province, Jan. 31, 2010Located in Shaoxing County, Asia's biggest textile base, Tiansheng Group relies mostly on migrant workers from Anhui, Henan and Sichuan provinces for production.Fearing it might lose some of its best employees, the company's management offered an average 15-percent pay rise for all workers, plus higher meal allowances and better medical insurance starting on March 1.The offer was printed out and posted at the company's main entrance to catch the workers' attention."We don't know if it will work," said Wei. "But we do hope the workers will come back after the Spring Festival."Two farmer migrant workers who returned home for the Spring Festival take part in a lathe-hand technical training at Juye County, east China's Shandong Province, Feb. 5, 2010.While the Spring Festival falls Sunday, most migrants would stay home for about two weeks for the most important Chinese holiday.For years, migrant workers are the mainstay of labor forces in China's leading manufacturing bases in the Shanghai-centered Yangtze River Delta and the Guangzhou-centered Pearl River Delta.Yiwu City in Zhejiang Province, known for its small commodities including the world's biggest supply of toys and Christmas gifts, is also feeling the pinch of worker scarcity.After a recruitment tour to underdeveloped western provinces of Guizhou, Shaanxi and Yunnan last year, Huang Yunlong, head of the city's labor management bureau, said the situation would be tough for local employers this year.Migrant workers gesture on their chartered flight at the airport in Hangzhou, capital of east China's Zhejiang Province, Feb. 4, 2010In a recent survey in Lishui, a manufacturing town close to Yiwu, 4,000 of the 6,000 migrants who were heading home for the new year said they would stay in their hometowns for jobs or do farmwork after the holiday.Hoping to ease the labor shortage, Red Leaf Umbrella Co. encourages its employees to introduce new workers and offers a 600 yuan cash reward for each new recruit."The worker shortage is a result of the fast economic recovery, as well as the new policies by central and local governments to stimulate growth in the central and western regions," said Zhuo Yongliang, a researcher with Zhejiang Provincial Institute of Development and Reform.Amid the economic recovery, a Yiwu-based restaurant consumes 600 packs of wet tissues a day, as against 400 packs during the international financial crisis last year."The worker shortage, as well as the heavier workload for individual employees, have forced employers to offer better pays and compensation packages -- it's a good thing to this end," said Prof. Wu Jinliang with the Zhejiang Provincial Party School. "But it also eats way the competitive edge of thousands of small businesses that used to rely on cheap labor."Besides the worker scarcity, many entrepreneurs are also worrying about the skills and overall quality of their employees.Zhou Xiaoguang, president of a Yiwu-based decoration firm, remembers the dainty products he saw at an exposition in Europe. "Why can't we produce stuff like that? We can spend heavily to buy better equipment and hire better designers, but we don't have high-caliber workers at our production lines."Langsha Group, China's leading producer of socks and stockings, dropped a procurement plan last year for an Italian-made automatic packing machine that could spare the manual work of 30 workers and improve quality."No one is able to run the machine or fix it if it breaks down," said the group's president Weng Rongdi. "Our lack of training for the workers is a big problem.""Like all other Chinese manufacturing companies, we need high-caliber workers if we want to make further breakthroughs," he said.

BEIJING, Jan. 29 (Xinhua) -- China's Foreign Minister Yang Jiechi clarified China's stance on Internet management and emphasized Internet is open and active in China when meeting with U.S. Secretary of State Hillary Clinton, a spokesman of China's Foreign Ministry said Friday.Spokesman Ma Zhaoxu made the remarks in response to a question on whether Yang and Clinton discussed the Google case during their meeting on the sidelines of an international conference on Afghanistan in London."Yang stressed that Internet in China is open and active," said Ma.Chinese people enjoyed adequate freedom of speech in line with the law and have access to various kinds of information, which is an important reason why Chinese people unswervingly follow the path of socialism with Chinese characteristics, Ma said."Yang said promoting the development of the Internet is our consistent policy," said Ma.Ma added that China has its own domestic situation and cultural tradition, and it accords with the world's common practice that China regulates the Internet according to its laws and policies."China advocates severely fighting against hacking through beefing up international cooperation, so as to protect Internet safety and citizens' privacy in accordance with the law," Ma said.According to the Internet Society of China, the number of cyber attacks from abroad saw a year-on-year increase of 148 percent in 2008.

OTTAWA, March 9 (Xinhua) -- China and Canada have officially kicked off a series of celebrations for the 40th anniversary of the establishment of their diplomatic relations.As one of the opening events, the China Broadcasting Chinese Orchestra (CBCO) staged a 2010 Spring Festival Gala Concert on Monday night at Southam Hall of the National Arts Center in Ottawa.The grand show, which featured over 30 different kinds of traditional Chinese musical instruments, attracted an audience of around 2,000, among whom were senior Canadian officials and Chinese Ambassador to Canada Lan Lijun.Chinese Ambassador to Canada Lan Lijun (C) and President of the Treasury Board of Canada and Minister for the Asia-Pacific Gateway Stockwell Day (R) cut the ribbon for an exhibition marking the 40th anniversary of the Sino-Canadian relation ties in Ottawa, capital of Canada, March 9, 2010Addressing a reception before the show, Ambassador Lan said that the China-Canada diplomatic ties, which were forged on Oct. 13, 1970, have moved forward thanks to the personal commitment of leaders of several generations and concerted efforts of people from various sectors in both countries. "Our exchanges and cooperation in all fields have been growing steadily and exchanges at the top and other levels have increased, " Lan noted.He said that China stands ready to work with Canada, with a strategic and long-term perspective, to seize the opportunity brought by the 40th anniversary to review the past and plan for the future, and jointly forge an even better future.On the same occasion, Canadian Speaker of the Senate Noel Kinsella said it is encouraging to see the two countries continuing to work together in a constructive and cooperative manner."The fact that we were able to put aside our differences at the height of the Cold War and work together for a better future makes me believe that our partnership can withstand the most difficult challenges that might come our way," he said.The Speaker also praised the hard-working Chinese immigrants who endured difficult conditions long before the two countries established diplomatic ties, as they helped build the Canadian Pacific Railway, which played a critical role in history.On the eve of the concert, Canadian Prime Minister Stephen Harper also sent a greeting message, saying that the wonderful evening of beautiful music was a great opportunity to share Chinese culture with Canadians as more than a billion people around the world welcomed the Year of the Tiger."It is a time of great expectations and an occasion to recognize the significant contributions of Chinese Canadians," Harper added.Established in 1957, the CBCO has performed at Konzerthaus Berlin, Lincoln Center, John F. Kennedy Center and Moscow Tchaikovsky Concert Hall over the past five decades. Its world- class Chinese New Year Concert has also become a classic event at the Golden Hall of Vienna since 2003. This is the Orchestra's first visit to Canada.