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BEIJING, Nov. 10 (Xinhua) -- China's central bank moved a step further to tighten liquidity amid increasing inflation pressures as it ordered Chinese banks to set aside more reserves on Wednesday.The People' s Bank of China, or the central bank, announced it would raise the deposit reserve requirement ratio (RRR) for Chinese financial institutions that accept deposits by 50 basis points from Nov. 16, which was estimated to freeze more than 300 billion yuan (45.1 billion U.S. dollars).The order came on the eve of Thursday's release of China' s October consumer price index (CPI), which is projected, by some economists, to reach 4 percent.The RRR for the four big state-owned banks - the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China - will stand at 18 percent once the rise takes effect.Further, Wednesday's move will raise the deposit reserve ratio for other large financial institutions to 17.5 percent and that for small-and medium-sized financial institutions to 15.5 percent.The adjustment is the fourth RRR increase the central bank has ordered for Chinese banks this year, and the first time it has done so since it hiked interest rates by 0.25 percentage points last month.Chinese experts believe combined concerns, ranging from the looming hot money inflows caused by the United State quantitative easing to the growing inflation risks and soaring assets bubbles, have caused the central bank to raise the RRR to rein in liquidity."The central bank announced interest rates hikes and the RRR rise within one month, as the U.S. 600 billion-US-dollar quantitative easing is likely to send more speculative capital flowing to the emerging markets, and domestic commodities prices continue to increase, " senior economist with the Asian Development Bank, Zhuang Jian said, adding that the RRR increase will trim the banks' credit capital, which will help curb market speculation inflows and stabilize commodities prices.China's central bank, on Oct. 20, announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points, the first interest rates hike in three years, as the nation's CPI hit a 23-month high to 3.6 percent in September.October's CPI is due to be announced on Thursday, while economists anticipate the October year-on-year inflation is likely to rise to 4.1 percent.Further, prices of China' s edible farm produce have witnessed consecutive increases since mid-October, as prices of 18 types of vegetables in 36 large and medium-sized cities rose by 4.9 percent during the week that ended Nov. 7, according to data released Wednesday by the Ministry of Commerce.Zhang Ping, head of the National Development and Reform Commission, said Tuesday that the nation's CPI is expected to exceed the government' s annual target of 3 percent.Also, the nation's real estate prices continued the upward trend in October, though at a slower pace, with property prices in 70 major Chinese cities increasing by 8.6 percent year on year in October, down from the 9.1-percent increase in September, the National Bureau of Statistics showed Wednesday.Li Huaiding, analyst with the Guoxin Securities Co., said Wednesday's rise would contribute to scaling back liquidity, but pressures still exist in the upcoming months, and the central bank may again increase interest rates before the end of the year.Additionally, the central bank said in a report issued on Nov.2 that it would gradually normalize the monetary policy from its counter-crisis mode and tighten control over liquidity to maintain moderate credit growth in the coming months this year.

BEIJING, Dec. 2 (Xinhua) -- A senior leader of the Communist Party of China (CPC) vowed Thursday to enhance mutual political trust with France.Li Changchun, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the pledge during his meeting with former French Prime Minister Jean-Pierre Raffarin and General Secretary of the Union for a Popular Movement (UPM) Jean-Francois Cope in Beijing.Li recalled Chinese President Hu Jintao's visit to France last month, saying it indicates Chinese-French relations have reached a new high.Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with former French Prime Minister Jean-Pierre Raffarin in Beijing, capital of China, Dec. 2, 2010. As permanent members of the Security Council of the United Nations and members of the Group of 20, China and France share common interests and bright prospects for cooperation, he said.Li applauded the close contact between the CPC and UPM, saying the CPC will bolster exchange with UPM, especially between young politicians.The French guests hailed French-Chinese ties and cooperation and pledged to work for closer cooperation and exchange. 

BEIJING, Dec. 30 (Xinhua) -- China has made steady progress in containing the spread of illegal publications and cracking down on the dissemination of lewd content through the Internet and mobile phones in 2010, according to the National Office Against Pornographic and Illegal Publications.The office has recently disclosed the following facts and figures about the related efforts China has made so far this year:-- Around 44.37 million copies of illegal publications, including 981,000 copies of lewd content, 37.35 million pirated copies, some 3.93 million illegal copies of newspapers and magazines, among others, have been confiscated across China.-- More than 16,000 cases, including over 10,000 ones of pirated publications, 1,669 cases involving pornography, and 371 cases involving fake journalists, news reports or media outlets, have been uncovered this year.-- China has shut down more than 60,000 porn websites since launching a crackdown in December 2009.-- Law enforcers across China during a campaign launched in April had destroyed a total of 36.39 million copies of pirated or illegal publications, audio and video discs.-- The office has received over 170,000 tip-offs, mostly about the online or cellphone-based spreading of porn content this year and 534 people have been rewarded 544,000 yuan (81,964 dollars) for the information provided.-- Authorities in Zhongshan City of southern Guangdong Province shut down a huge disc-producing outfit with five production lines and confiscated 3.87 million illegal discs.

WUHAN, Dec. 28 (Xinhua) - Chinese courts would seek to create their own management system for authenticating judicial evidence within the next five years, said Su Zelin, vice president of the Supreme People's Court.Su made the remarks Monday during a meeting held in Wuhan, capital of central China's Hubei Province.The proposed system, which would further clarify the courts' working procedures and protocols while examining and verifying authenticated evidence, would be based on the current system administered by the Ministry of Justice, said Su.The Supreme People's Court plans to build its own forensic lab and relevant specialist pool to ensure the neutrality and authenticity of evidence used in court proceedings, Su added.

BEIJING, Nov. 20 (Xinhua) -- China's Ministry of Public Security (MPS) has ordered a fresh crackdown on the infringement of well-known foreign and domestic brands' intellectual property rights (IPRs).Greater efforts must be made to fight the production and sale of pirated books, audio, video, software, medicine, food and agricultural products, Liu Jinguo, deputy minister of public security, said at a meeting in Beijing Friday, according to a statement posted on the MPS website Saturday.The special nationwide campaign started Friday and will last until March 2011.At a Nov. 5 meeting, Chinese Premier Wen Jiabao urged government agencies to target the root causes of IPRs infringement while strengthening IPRs protection.In a statement Xinhua received Friday, the MPS said Chinese police in a special March 2006 operation uncovered 3,775 cases of IPRs infringement.In a July 2007 campaign conducted in cooperation with the U.S. Federal Bureau of Intelligence, Chinese police arrested over 20 in connection to the cases.