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BANGALORE, India, May 16 (Xinhua)-- A photo exhibition called "Charming Beijing" was held in Bangalore, the capital of southern India's Karnataka state on Sunday to observe the 60th anniversary of the establishment of diplomatic relations between China and India.Chinese Consul General in Mumbai Wang Donghua, Chairman of Legislative Council of Karnataka state Mattikatti, General Secretary of India-China Friendship Association Karnataka, Bhaskaran, and former Mayor of Bangolre and Ramachandra attended the the opening ceremony at Bangalore's largest art exhibition center Art Complex.Wang said the photo show, sponsored by the Chinese Embassy to India and the India-China Friendship Association, Karnatake, is part of the Chinese celebration activities in India to mark the 60th anniversary of China-India diplomatic relations."After establishing the diplomatic relations between India and China 60 years ago, we are able to have a friendly relation. In these years, the Chinese people were keeping very good relations with the Indian people, India became the largest partner of China in Asia, many Chinese people are visiting in Karnataka and Bangalore," said Bhaskaran.The general secretary said he believed the 21st century belonged to India and China, there is no force on the earth to stop the trend.At noon, many visitors crowded into the exhibition hall to enjoy the photoes featuring Bird's Nest, Water Cube, modern international airports, modern overpasses, the Great Wall, the Forbidden City, the Summer Palace, kite of long dragon, Hutong tour and Beijing opera.The photo exhibition in the "Silicon Valley of India" will last till May 20. The phote show was held to let more Indian know more about China's capital Beijing and to promote the mutual understanding and cooperation of the people in two counties, said the general secretary.
BEIJING, April 15 (Xinhua) -- The Chinese government said Thursday it plans to increase the land supply available for residential property, in a bid to guide the country's runaway property market into more healthy development.China will supply 180,000 hectares of land nationwide to build houses this year, excluding the Tibet Autonomous Region, compared with an area of 76,461 hectares in 2009, the Ministry of Land and Resources (MLR) said.Areas for low-cost housing, renovated shanty houses and small- and medium-sized apartments will be allocated more than 70 percent of the total land supply, the ministry said.In breakdown, areas for small- and medium-sized apartments alone would reach 80,431 hectares this year, exceeding China's total land supply in 2009.Some 35,786 hectares would be allocated for renovated shanty houses, accounting for 19 percent of this year's total land supply.Areas for low-cost housing, consisting of affordable housing and low-rent housing, would be given 24,454 hectares, more than double the 2009 figure.The central government vowed to build three million low-cost apartments for low-income families and renovate 2.8 million shanty houses at the Third Session of the 11th National People's Congress in March this year."We merely need 12,000 hectares to meet the goal set by the central government to build the three million low-cost apartments, well below this year's planned land supply for this part," said Liao Yonglin, director of the department of land use management of the MLR.
CHENGDU, May 29 (Xinhua) -- China Saturday started construction of a center in southwestern China's Sichuan Province to train giant pandas born in captivity to live in the wild.The center is located at Majiagou of Yutang Town, Dujiangyan City, said Zhang Zhihe, head of the Chengdu Giant Panda Breeding and Research Base and founder of the center.The center covers an area of 134.87 hectares and will cost 160 million yuan (23.5 million U.S. dollars).After the center is completed, the breeding and research base will put 40 to 50 giant pandas raised in captivity into the center for training and research, according to Zhang.The center will cooperate with the Chengdu breeding and research base, the Wolong Giant Panda Conservation Base, the Dujiangyan Disease Control and Prevention Center for Giant Pandas and the Shaanxi Rescue Center for Endangered Animals.In the experimental zone of the center being built, the giant pandas will be trained to reduce their dependency on humans. But they will still live in cages.After five to 10 years training in the experimental zone, the giant pandas that perform well will be introduced into the "half-natural" zone.In the following five to 10 years, the pandas there will live in tree holes or caves and forage for food. But they will still receive frequent checkups and participate in artificial breeding.Then, only one or two of the giant pandas will have the chance to spend another five to 10 years in a nearly "natural" zone with little human contact. Then they will be released into the nearby giant panda natural reserve, Zhang said.Giant pandas are the world's most endangered species. Some 1,590 panda live in the wild and over 300 pandas are in captivity in China, Zhang said.China started a giant panda training project in 2003 to teach the animals to live in the wild. But the project suffered a major setback when Xiang Xiang, a five-year-old male panda, was found dead in a remote part of the Wolong Nature Reserve in February 2007.Xiang Xiang was released into the wild in April 2006 after nearly three years of training.
BEIJING, March 30 (Xinhua) -- Chinese Vice Premier Li Keqiang Tuesday pledged to enhance cooperation with Finland and promote traditional friendly ties as the two countries celebrates the 60th anniversary of diplomatic relations.Meeting with Finnish parliament Speaker Sauli Niinisto, Li hailed the political, economic and cultural exchanges and cooperation, and the sound coordination on regional and international issues between the two countries.Li said the world economy had seen through its toughest period and witnessed some signs of recovery."However, a lot of uncertainties still remain and all countries should cope with them together," he said. Chinese Vice Premier Li Keqiang (R) meets with Sauli Niinisto, Speaker of the Parliament of Finland, in Beijing, capital of China, on March 30, 2010China's development would benefit its people and contribute much to the world economy, Li said. China would expand cooperation with Finland in coping with global challenges and the restructuring of the world economy."In doing so we can realize mutual benefits and fuel the sound recovery and sustainable development of the world economy," he said.Niinisto said China's development was an opportunity for his country and the two sides shared cooperation potential in clean energy and the low-carbon economy.Niinisto is in China for a four-day visit.
BEIJING, March 31 -- The appointment of three new academic members to the central bank's monetary policy committee on Monday reflects the increasing inclusiveness of monetary policymaking, but may not have any apparent bearing on the timing of an interest rate hike, analysts said.The People's Bank of China (PBOC) said three Chinese economists - Xia Bin, Li Daokui and Zhou Qiren - will replace Fan Gang, the only academic member of the committee, which advises on major monetary issues."Adding two more academics to the monetary policy committee is a welcome change," said Wang Tao, head of China economic research at UBS Securities. "I hope this helps to increase healthy debate within the committee, and increase the independence of monetary policy.""The appointment of three academic members this time - instead of one - indicates the increasing importance of academic voices in monetary policymaking and the three, with different backgrounds, are expected to complement each other to add to the inclusiveness of the panel," said Sun Lijian, an economist with Fudan University. It would make the country's monetary decision-making more rational, he said.Going by their recent comments on inflation, with Li saying that China could precede the United States in raising the rates and Zhou urging a timely and firm exit from stimulus policies, it is speculated that their appointment may signal chances of an earlier rate hike.Zhou said in a February speech that it was high time that China exited from the stimulus measures. "Given the past experiences, the stimulus through expanding money supply and debt only has a short-term effect," he said in the speech.One of the side effects of the stimulus is rising inflation. "The price of the stimulus policies is mainly the adverse effect of the large-scale release of money on the overall market price situation," he said. "We have seen it on the market."Li said early this month once China's consumer price index (CPI), a major measure of inflation, rises 3 percent, the country is set to increase the rates. China's CPI rose by 2.7 percent year-on-year in February.He also said on Monday that China may suffer from exported inflation from developed economies as their continued relaxed monetary policy would lead to surging raw material prices and large-scale capital flowing into the emerging economies, including China.Meanwhile, China should keep itself alert against possible price rises due to weather changes, such as the recent severe drought in southwestern regions.Xia Bin said on Monday that three factors should be taken into account when deciding on whether to raise the interest rates. It should be considered if real negative deposit interest rates occurred. But if inflationary expectations are not strong, the hike would be inappropriate. Moreover, China should not move ahead of the US since it would bring in speculative capital.China's benchmark one-year deposit rate stands at 2.25 percent.Dong Xian'an, chief macroeconomic analyst of Industrial Securities, said economic fundamentals should be the paramount determinant in interest rate related policymaking and the appointment of a new monetary policymaking panel would not have any substantial bearing on the timing of the possible hike.The month-on-month CPI figure is a crucial factor and as it continues to rise, the hike may come in the second quarter of this year, he said.