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BEIJING, July 12 (Xinhua) -- The State Council's policies to rein in rapidly soaring housing prices in cities will continue and local governments should implement them "unswervingly", according to a statement released Monday from the Ministry of Housing and Urban-Rural Development, while also denying some media reports on a possible policy withdrawal."We will urge local governments to make sure that they strictly implement the differentiated housing loans policy to crack down on housing speculations," the ministry said in a brief statement posted on its website.The ministry added it would adopt "positive" measures to increase the supply of commercial homes in the market, speed up construction of housing for low-income residents and renovation of shantytowns, and strengthen supervision of the real estate market conditions.The statement came shortly after the National Bureau of Statistics (NBS) released its latest figures on housing prices in Chinese cities.Housing prices in major Chinese cities rose 11.4 percent year on year in June, one percentage point lower than the increase in May, according to NBS statistics.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 year on year in May, 0.4 percentage point lower than in April.The State Council, China's Cabinet, introduced a series of tightening measures in April to rein in soaring house prices and curb speculation, including tightened scrutiny of developers' financing, suspension of loans for third-home purchases and higher down-payment requirements for second-home purchases.Housing prices almost doubled in some popular Chinese cities such as Beijing and Shanghai in 2009, prompting the Chinese government to take measures to curb these excessive hikes.
BEIJING, July 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), stood at 6.7718 per U.S. dollar Monday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.
GUANLING, Guizhou, June 29 (Xinhua) -- Chinese Vice Premier Hui Liangyu Tuesday urged local government to use all resources to rescue victims of a landslide in southwest China's Guizhou Province.Rescuers should save the lives of the victims and treat the wounded using all possible means, said Hui during an inspection tour of the disaster-hit area from late Monday to Tuesday.He also called for the utmost efforts to properly resettle people affected by the landslide and sounded caution regarding additional landslides.He said all areas prone to landslides should be examined closely and nearby residents must be evacuated immediately upon any sign of an impending landslide.Further, information about the disaster relief efforts should be made public in a timely, objective, open and transparent manner, said Hui.The landslide occurred at 2:30 p.m. on Monday in Dazhai Village, Gangwu Township of Guanling County, burying 107 people from 38 families. Rescuers said their chances of survival were slim.
OSLO, June 12 (Xinhua) -- He Guoqiang, a leader of the Communist Party of China (CPC), met on Friday with Raymond Johansen, the general secretary of the Norwegian Labor Party and the Norwegian Foreign Minister, Jonas Gahr Store, in an effort to deepen bilateral relations and mutual cooperation between China and Norway.In a meeting with Johansen, He said that both the CPC and the Norwegian Labor Party are the ruling party in China and Norway respectively and that drawing from each other's experience in ruling is an important aspect of the party-to-party friendly exchanges.The CPC has taken many practical measures to strengthen disciplinary work, expand democracy within the party and fight corruption, He said. The Chinese party and government attaches great importance to drawing from international experience and actively developing cooperation with every country, he added.Johansen said that fighting corruption is a hard nut to crack throughout the world and that the Norwegian Labor Party highly evaluates the tremendous efforts taken by CPC and the great achievements made by the Chinese party in this regard.The international financial crisis evoked a deep thought in the international community on the mode of development and the route leading to modernization, and Norway and China are the first two countries which walked out of the shadow of the international financial crisis, said Johansen.The two parties should continue to exchange views over the mode of development and the way of modernization, said Johansen.In his meeting with Store, He said that the Chinese party and government attaches great importance to the relations between China and Norway and see Norway as an important partner for cooperation.The Chinese side is willing to work together with the Norwegian side to strengthen political dialogue, deepen mutually-beneficial cooperation, expand exchange in the humanities and enhance the mutual understanding and friendship between the peoples of the two countries, said He.Store expressed his appreciation over China's treatment of all countries, big or small, on a equal footing.He said that China plays a very important role in international affairs and that the Norwegian side is willing to cooperate with China on the climate change, disarmament an regional hot-spot issues.On Friday, the senior CPC official also met the Norwegian minister of environment and international development, Erik Solheim and the deputy chairman of the Norwegian parliament, Per Kristian Foss.
ZURICH,July 16 (Xinhua) -- Top Chinese legislator Wu Bangguo arrived in Zurich on Friday for an official goodwill visit to Switzerland."The bilateral ties between China and Switzerland have achieved significant progress in recent years. The enhancing mutual political trust, continuously growing economic cooperation and expanding people-to-people exchanges have brought substantial benefits to both peoples," said Wu, chairman of the Standing Committee of China'a National People's Congress (NPC), in a written statement upon his arrival here."China looks forward to taking advantage of the 60th anniversary of the establishment of Sino-Swiss diplomatic relations to push forward the friendship between our two nations in a healthy way and in the spirit of mutual respect and equality," Wu said.Wu Bangguo (front R), chairman of the Standing Committee of China'a National People's Congress (NPC), is welcomed upon his arrival in Zurich, Switzerland, July 16, 2010. Top Chinese legislator Wu Bangguo arrived in Zurich on Friday for an official goodwill visit to Switzerland.Wu came here at the invitation of Pascale Bruderer, president of the National Council of the Swiss Federal Assembly, and Erika Forster-Vannini, president of the Council of States of the Swiss Federal Assembly.