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BEIJING, Sept. 16 (Xinhua) -- Chinese Vice Premier Wang Qishan has vowed to enhance trade cooperation with the U.S. state of Washington.He told visiting Washington Governor Christine Gregoire in Beijing Thursday that China was ready to boost friendly ties with Washington State, and deepen cooperation in trade and investment to increase mutual understanding and trust.Wang said a positive, cooperative and comprehensive China-U.S. relationship was in the fundamental interests of both peoples. Gregoire said Washington State wanted to strengthen substantial cooperation with China in areas such as aviation, information technology, agriculture and forestry. Chinese Vice Premier Wang Qishan (R) shakes hands with U.S. Wynn Resorts CEO Steve Wynn in Beijing, capital of China, Sept. 16, 2010.
BEIJING, Aug. 31 (Xinhua) -- China's banking regulator will strictly implement the central government's macroeconomic policies that aim to curb soaring housing prices, an official said Tuesday.Ye Yanfei, deputy head of the Statistics Department of the China Banking Regulatory Commission (CBRC), said the CBRC will restrain speculative property investment and support the building of affordable housing while controlling risk.China's housing market and lending to the property sector are crucial to the national economy and people's livelihood, as well as to the stable and steady development of the nation's banking sector, Ye said at a seminar in Beijing.Ye's remarks come after the banking regulator said it would further "instruct and monitor" commercial banks' efforts to strengthen the management of lending to home-buyers.Ye's comments echo those of Zhang Ping, director of the National Development and Reform Commission, who said last Thursday in a report to China's top legislature the government will "further implement the measures meant to curb excessive gains in housing prices and resolutely restrain speculative property investment in the second half the year."Ye also said the CBRC has pushed lenders to test the impact of falling house prices, although the regulator said earlier that hypothetical scenarios examined in stress tests do not herald any change in policyHousing prices in major Chinese cities rose 10.3 percent year on year in July, slower than the 11.4 percent growth rate in June, according to official figures.On a monthly basis, housing prices in June fell 0.1 percent from May and July prices were unchanged from June.
BEIJING, Aug. 31 (Xinhua) -- China's banking regulator will strictly implement the central government's macroeconomic policies that aim to curb soaring housing prices, an official said Tuesday.Ye Yanfei, deputy head of the Statistics Department of the China Banking Regulatory Commission (CBRC), said the CBRC will restrain speculative property investment and support the building of affordable housing while controlling risk.China's housing market and lending to the property sector are crucial to the national economy and people's livelihood, as well as to the stable and steady development of the nation's banking sector, Ye said at a seminar in Beijing.Ye's remarks come after the banking regulator said it would further "instruct and monitor" commercial banks' efforts to strengthen the management of lending to home-buyers.Ye's comments echo those of Zhang Ping, director of the National Development and Reform Commission, who said last Thursday in a report to China's top legislature the government will "further implement the measures meant to curb excessive gains in housing prices and resolutely restrain speculative property investment in the second half the year."Ye also said the CBRC has pushed lenders to test the impact of falling house prices, although the regulator said earlier that hypothetical scenarios examined in stress tests do not herald any change in policyHousing prices in major Chinese cities rose 10.3 percent year on year in July, slower than the 11.4 percent growth rate in June, according to official figures.On a monthly basis, housing prices in June fell 0.1 percent from May and July prices were unchanged from June.
CHENGDU, Nov. 3 (Xinhua) -- A senior Chinese government official said Wednesday that major geological disasters and densely-populated regions would be the two main areas to monitor in the nation's efforts to guard against losses caused by such disasters.In the first 10 months of 2010, 2,909 people were dead or missing following over 30,000 recorded geological disasters, Xu Shaoshi, the Minister of Land and Resources, said at a meeting held Wednesday in Chengdu, capital city of southwestern Sichuan Province.Further, the number of people dead or missing during this period was five times higher than in the same period last year, said Xu.However, the majority of these victims, about 2,000 people, were killed or went missing after five major mud and rock slides which struck areas in west China's Guizhou, Gansu, and Yunnan provinces, Xu said.A massive mudslide triggered by rainstorms slammed Zhouqu County in northwest China's Gansu Province this past August, leaving 1,510 dead and 255 others missing."Our focus in loss prevention and control in the future will be to closely watch the major geological disasters and the areas with high human concentrations," said Xu.Xu also urged local governments to make specific plans regarding geological disaster prevention, improve the assessment and pre-cautionary monitoring mechanism, and beef up rescue and response systems in the event of an emergency.
HANOI, Oct. 10 (Xinhua) -- General Secretary of the Communist Party of Vietnam Central Committee Nong Duc Manh met visiting Chinese State Councilor and Defense Minister Liang Guanglie on bilateral ties and military relations here on Sunday.At the meeting, Manh thanked China and the Chinese people for generous help in the Vietnamese people's struggle for independence and national construction over the past years.Manh said the development of Vietnam-China relations has maintained momentum in recent years. The two countries have seen frequent high-level exchanges and increasing cooperation in economy, education, technology, military affairs among many other fields.General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nong Duc Manh (R) meets with Chinese Defense Minister Liang Guanglie in Hanoi, capital of Vietnam, Oct. 10, 2010. Liang arrived in Hanoi Sunday to attend a regional security conference and visit Vietnam.He said the bilateral ties have been lifted to the comprehensive strategic partnership of cooperation. He urged the two sides to carry on the traditional friendship and contribute to the development of bilateral relations.For his part, Liang said the China-Vietnam relations have developed in a steady way in recent years, contributing to the social and economic development of the two countries.Liang said military ties are an important part of the China-Vietnam relations. The Chinese military is ready to join hands with the Vietnamese military to strengthen understanding and trust, boost cooperation, enhance capacity to tackle security challenges and further promote the development of bilateral military ties.Earlier on Sunday, Liang held talks with his Vietnamese counterpart Phung Quang Thanh on deepening bilateral military cooperation.Liang arrived here on Sunday for an official and friendly visit. He is scheduled to attend the Association of Southeast Asian Nations (ASEAN) Defense Ministers' Meeting Plus slated for Tuesday.