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BEIJING, Dec. 11 (Xinhua) -- China's urban fixed asset investment rose 24.9 percent in the first 11 months year on year to hit 21.07 trillion yuan (3.19 trillion U.S. dollars), China's statistics authority said Saturday.The growth rate was 0.5 percentage points higher than that during the first ten months, according to figures released by the National Bureau of Statistics (NBS).The urban investment in the primary, secondary and tertiary industries rose by 16.6 percent, 22.7 percent and 26.9 percent respectively.During the first 11 months, investment in central government projects rose 10.2 percent year on year to 1.68 trillion yuan, while investment in local government projects was up 26.4 percent to reach 19.39 trillion yuan, according to the NBS figures.Property development investment was up 36.5 percent year on year to reach 4.27 trillion yuan, the figures showed.During the same period, state-owned and state-controlled investment reached 8.75 trillion yuan, up 19 percent from a year earlier.Investment in railway constructions and transportation jumped 25.3 percent to 582.2 billion yuan, while investment in petroleum and gas exploration climbed 5.8 percent to 219.4 billion yuan for the first 11 months.

SHANGHAI, Nov. 16 (Xinhua) -- The death toll of a big fire that engulfed a high-rise building in downtown Shanghai had risen to 53 by 9:20 a.m. Tuesday, local authorities said.More than 70 people injured in the inferno are being hospitalized.The 28-story building at the intersection of Jiaozhou Road and Yuyao Road in Jing'an District, a densely-populated area in Shanghai, was being renovated when it caught fire at about 2:15 p.m. Monday.The fire was mostly extinguished at 6:30 p.m. after local authorities dispatched 25 fire units and more than 100 fire engines to the scene. Helicopters were sent to rescue people trapped on the roof.Firefighters use illuminating facility to search for survivors on the residential building in the downtown area of Shanghai, east China, Nov. 16, 2010. The death toll of a big fire that engulfed a high-rise building in downtown Shanghai had risen to 53 by 9:20 a.m. Tuesday, local authorities said. More than 70 people injured are being hospitalized. The cause of the fire remained unknown, but a witness said he saw construction materials burning before the fire climbed up the scaffolding and quickly spread.Jing'an District government has arranged food and accommodations for fire-affected residents evacuated to nearby hotels.Residents said the building, built in the 1990s, housed mainly teachers from several schools in Jing'an District, many of whom were retired.

CHANGSHA, Dec. 26 (Xinhua) -- People across China marked the 117th anniversary of the birth of late leader Mao Zedong on Sunday with various activities in his hometown in central Hunan Province as well as in other parts of the nation.In Mao's birthplace, Shaoshan village, villagers and visitors arrived in the early morning to observe a local tradition in celebration of Mao's birthday -- eating a bowl of noodles."Today is Chairman Mao's 117th anniversary and many tourists came from afar on this special day just to have a bowl of 'long-life noodles' to show their respect towards the chairman," said village official Mao Yushi.Noodles are a traditional Chinese food to celebrate birthdays, as people believe long noodles stand for longevity.The villagers and tourists then came to Mao Zedong Square where they paid tribute to the "Great Helmsman" by leaving behind bouquets at Mao's bronze statue and singing the famous tune "The East is Red", a song in tribute of Mao.Meanwhile, nearly 10,000 citizens in Shaoshan - known as one of China's "red tourism" sites - marked the date with a 5,000-meter foot race that started from Mao's former residence and ended at the square in front of the Shaoshan Railway Station.Shaoshan, now designated a landmark in China's modern history, receives millions of people from home and overseas every year.On the same day, memorial activities were held in other cities around the nation.In Changsha, the capital city of Hunan Province, tourists and citizens braved the early morning chill to travel to Juzizhou island in the middle of the Xiangjiang River to pay tribute to the late chairman.Mao's poems were recited and songs and dances in tribute of Mao were performed on the island, where a 32-meter-high Mao statue was erected one year ago.In Beijing, by mid-day more than 10,000 people had visited Mao's Mausoleum on Tian'anmen Square, including Mao's grandson Mao Xinyu, who presented a basket of flowers along with his family.Similar activities were also held in provinces of Hebei, Gansu, Shanxi, Shandong and Henan to commemorate the founder of the New China, who was born on Dec. 26, 1893 and died on Sept. 9, 1976.For those who were unable to come to Shaoshan or Beijing, they found alternative ways to express their respect of Mao.Nearly 1,000 Internet users left messages and presented "cyber flowers" at the online memorial page of ssxw.net, a portal website of Shaoshan."You will always live in the heart of the people and we shall cherish the memory of you forever," one message reads.

BEIJING, Nov. 13 (Xinhua) - China's urbanization would boost domestic demand by 30 trillion yuan (4.5 trillion U.S. dollars) by 2030, an official from a top think tank said Saturday.The country's urbanization expansion promises a huge potential in domestic demand, which will assure a stable economic development for China even if exports decline, Han Jun, vice director with the State Council's Development Research Center (SCDRC), said at a forum, adding that the urban migrants' demand for housing is likely to become the largest driving force for China's economic growth in the future.Additionally, Han noted that the core issue in China's urbanization is to allow farmers-turned-migrant workers to become permanent urban residents.In the Communist Party of China (CPC) Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015), which was issued last month, authorities stressed that accelerating urbanization would be an important mission during the next five years.Data from the SCDRC indicates that China's urbanization rate hit 46 percent by the end of 2009, and will reach 63.6 percent by 2030, with the urban population standing at 930 million.

BEIJING, Jan. 17 (Xinhua) -- The China Banking Regulatory Commission (CBRC) announced Monday that it will guide the nation's banks to a scientific pace of lending this year as it stressed bank loans should better serve the real economy.The CBRC said in a statement on its website that it will also expand and improve financial services in the country's rural areas and encourage banks to support borrowing activities from small-sized companies.The CBRC said it will carry out more studies in stepping up support for the country's affordable housing program, which aims to build 10 million affordable housing units for low and middle income residents this year.The commission also said it will continue to implement the differentiated home loan policy adopted last year, under which bank loans for third home purchases are suspended and down payments for all first-time home buyers are at least 30 percent of the purchase price, while second home buyers will have to pay an even higher amount of down payments, at 50 percent.Further, the CBRC said it would tighten controls over lending to local government's financing vehicles in order to ward off risks.Government data showed new yuan-denominated lending in China reached 7.95 trillion yuan (about 1.2 trillion U.S. Dollars) last year, overshooting the government's full-year target of 7.5 trillion yuan.

来源：资阳报