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BEIJING, Aug. 1 (Xinhua) -- China provided 56,000 hectares of land for residential use in the first six months of 2010, up 135 percent over the same period last year, according to the Ministry of Land and Resources.A significant increase in the availability of land for housing was reported in areas like Guizhou Province, Beijing, Jiangxi Province, Heilongjiang Province and the Ningxia Hui Autonomous Region, said a statement on the ministry's website.The land and resources management departments at various levels have been working hard to ensure land supplies, especially for indemnificatory housing, shantytown relocation housing, public rental housing and middle-sized and small apartments, the statement said.The departments will work hard to ensure land supplies for public residential purposes, it added.China implemented a series of measures to rein in soaring home prices and curb property market speculation in April. The measures included tighter scrutiny of applications for financing, limiting of loans for third-home purchases and higher down payment for buying second-homes.Latest data indicated the red-hot property market has started cooling as average housing prices in 70 major cities fell 0.1 percent in June from May.

WASHINGTON, June 19 (Xinhua) -- The International Monetary Fund's chief Dominique Strauss-Kahn on Saturday welcomed China's decision to further reform its exchange rate mechanism and said that the move will benefit Chinese consumers.China's announcement is "a very welcomed development," Strauss-Kahn said in a statement.The move "will help increase Chinese household income and provide the incentives necessary to reorient investment toward industries that serve the Chinese consumer," he said.The People's Bank of China, China's central bank, earlier on Saturday announced a decision to proceed further with the reform of the exchange rate regime to enhance the flexibility of the RMB's exchange rate.

LONDON, July 5 (Xinhua) -- First Minister of Scotland, Alex Salmond, is currently leading Scotland's tourism and trade mission to China from 5 July, including a planned visit to Shanghai Expo 2010.During the five-day trip, the delegation will visit Shanghai, along with a planned visit to Shanghai Expo 2010, before traveling to Beijing. The group will combine trade workshops, sales calls, media meetings and a Scottish Golf Day.As an emerging global economic power and an essential partner for Scotland, China contribute to the key purpose of the Scottish Government, which is to increase sustainable economic growth. Shanghai Expo provides a focus and an ideal opportunity to build and maintain relationships and promote Scotland as a key economic partner.First Minister of Scotland, Alex Salmond, said: "It is vital that the Scottish Government, our agencies and Scotland's businesses do all they can to continue advancing the nation's relationship with China.""I will lead our delegations to a series of events at the Shanghai Expo, where we are supporting a significant Scottish presence to raise Scotland's profile and to encourage some of the anticipated 70 million visitors to the Expo to see Scotland as a place to live, to work, to study and to visit." Mr. Salmond added.China is one of Scotland's most important emerging markets with an increase in visits from 7,000 in 2005 to approximately 11,000 a year from 2007 to 2009, with these visits are worth average of 7 million pound to the Scottish economy each year.

BEIJING, June 11 (Xinhua) -- Urban fixed assets investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday.The growth rate was 0.2 percentage points down from that for the first four months, according to figures released by the NBS.In the first five months, central government project investment was 540 billion yuan, up 14.1 percent year on year; investment by local governments soared 27 percent to 6.2 trillion yuan.Investment in railways construction and transportation climbed 20.4 percent to 161.1 billion yuan during the same period.The government is reportedly planning to spend 700 billion yuan on high-speed railway construction this year.Total investment in the primary sector (including farming, fishing and forestry) expanded 16.1 percent from a year earlier.The industrial sector saw investment up 22.4 percent and investment in the tertiary sector, which covers commerce, finance and services, was up 28.8 percent.Property market investment grew 38.2 percent to 1.39 trillion yuan in the first five months, 2 percentage points higher than the figure for the first four months, according to NBS data.

BEIJING, June 10 (Xinhua) -- China's foreign exchange regulator said Thursday it will strengthen monitoring of cross-border capital flows to reduce risk.The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign Exchange (SAFE) said in its annual report on management of foreign exchange posted on its website.It will also enhance its monitoring of abnormal cross-border capital flows by cracking down on illegal private banks and internet-based speculation in foreign exchange.The SAFE will maintain a prudent approach to managing foreign currency reserves and will continue to improve its diversification strategy.China's balance of payments continue to expand, albeit slowly, despite the impact of the global financial crisis.At the end of 2009, China's foreign exchange reserves hit 2.4 trillion U.S. dollars, a 453 billion U.S. dollar increase from the end of 2008.China had gold reserves of 1,054 tonnes at the end of last year, the fifth largest in the world.Although gold has commodity and monetary properties, the global gold market is relatively small and illiquid, the report noted, adding that because of its volatile price and high cost of holding and trading, gold has limited utility in asset allocation.

来源：资阳报