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BEIJING, Aug. 13 (Xinhua) -- Chinese Vice Premier Li Keqiang said Friday that the government would continue to regulate the housing market and resolutely crack down on speculative property investment and other unreasonable market demands.He said the government would continue to increase the supply of affordable housing for low-income families in order to consolidate the effects of the regulation over the past months.He pledged to ensure healthy development of the real estate industry and improve people's living conditions.Inspecting a low-rent housing site in Beijing, Li urged the municipal government to offer preferential policies in the areas of investment, land, and taxation to quicken the construction of affordable housing.He said that the affordable housing program should be transparent and fair in order to allow mid-and-low income residents to benefit.In the face of skyrocketing housing prices, the Chinese government has ordered a stringent credit policy to restrict speculative purchases and has increased spending to build affordable housing.Housing prices in major Chinese cities rose 10.3 percent year-on-year in July, slower than the 11.4 percent growth in June, the National Bureau of Statistics said on Tuesday.
SALZBURG, Austria, June 21 (Xinhua) -- Visiting Chinese Vice Premier Zhang Dejiang met here Monday with governor of the Austrian state of Salzburg Gabi Burgstaller.Zhang said China-Austria relations have developed smoothly with strengthened cooperation in various fields, and the two governments have actively boosted interregional cooperation between the two countries.The state of Salzburg has abundant resources of tourism and culture, and rich experience and technology on environmental protection and culture industry, said Zhang, adding Salzburg has set up friendly relations with China's Shanghai city and Hainan province and carried out fruitful cooperation.Zhang expressed his hope that the two countries would enhance interregional cooperation for the sake of common development.Visiting Chinese Vice Premier Zhang Dejiang (L) meets with governor of the Austrian state of Salzburg Gabi Burgstaller in Salzburg, Austria, June 21, 2010.Burgstaller said the Chinese government, in addressing the international financial crisis, made proper policies and played a positive and important role in boosting world recovery.Burgstaller said Salzburg has established friendly ties with some Chinese provinces and cities, adding they have carried out very effective and smooth cooperation.Salzburg hopes to further understand and learn from China through cooperation with Chinese provinces and cities, and expand exchanges and cooperation, she added.Zhang also met with mayor of Salzburg city Heinz Schaden.

BEIJING, Aug 20 (Xinhua) -- Chinese President Hu Jintao and other state leaders have made donations to help the relief and reconstruction work in Zhouqu County, which was devastated by a massive mudslide .Former President Jiang Zemin donated as well.Other state leaders who donated include Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, all Standing Committee members of the Political Bureau of the Central Committee of the Communist Party of China.So far, over 200 million yuan (29 million U.S. dollars) have been raised among Party members and staff of the central state organs.The death toll from the mudslide that hit the county in northwest China's Gansu Province had risen to 1,407 as of 4 p.m. Friday, with 358 still missing.
GUANGZHOU, July 12 (Xinhua) -- Senior Chinese leader Jia Qinglin has encouraged south China's Guangdong Province to be a trailblazer in building a harmonious society and promoting the country's new economic growth pattern.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, toured businesses and research institutes during his visit here from Thursday to Monday.He urged businesses to shift economic growth patterns and promote business restructuring at a faster pace. Jia Qinglin (C, front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits the Manufacturing Engineering Institute of Huazhong University of Science and Technology in south China's Guangdong Province, July 9, 2010. Jia Qinglin paid an inspection to Guangdong from July 8 to July 12.Jia said that enterprises should strive for high quality and shift from reliance on the consumption of resources to stronger human resource and sound management, from low-end assembling and processing to developing brand-name products with indigenous innovation.Jia also stressed improving the working and living conditions of employees to assure a harmonious working environment.Jia also urged the province to enhance cooperation with Hong Kong, Macao and Taiwan, taking advantage of its adjacency with these regions, and to push Guangdong's cooperation with Taiwan to a new high.
BEIJING, Aug. 24 (Xinhua) -- China's top legislature, the National People's Congress (NPC), has proposed a reform in income distribution be launched as soon as possible, aiming to increase residents' income and narrow the gap in wealth.Officials of the Financial and Economic Affairs Committee of the NPC said they have completed a research report on distribution of national income and made the proposals to be included in the 12th Five-Year Plan (2011-2015).The research report proposes increasing the proportion of residents' income in national revenue and the proportion of labor rewards in the primary distribution of national income. It suggests that the reforms should seek to enlarge the middle class until it becomes the largest sector in society. The report also offers proposals on taxation and social security.The legislature did not release further details on the proposed reforms in income distribution.The NPC, for the first time in history, completed 15 research reports on 14 major subjects from March to July to provide proposals for the formulation of the critical development plans for the next five years, after top legislator Wu Bangguo called for the research at the annual legislative session.According to a World Bank report, the Gini Coefficient for China, a main gauge of c disparity surged to 0.47 in 2009, exceeding the "security line" of 0.4, pointing to the unequal distribution of income which could arouse social unrest.This figure was 0.21 to 0.27 three decades ago. ' In the primary distribution of national income, the proportion that goes to wages and salaries, the major source for China's mid- and low-income families, has been declining, according to Yi Xianrong, a researcher at the Chinese Academy of Social Sciences.The proportion of the total income that Chinese citizens receive from the distribution of national income fell sharply to 57.9 percent in 2007, compared with 68 percent 20 years ago, according to the People's Bank of China.
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