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BEIJING, Aug. 5 (Xinhua) - China's banking regulator on late Thursday said the hypothetical situations in the risk tests of banks, such as a possible slump in property prices, does neither indicate the regulator's judgment on the property market nor possible changes in government property policies.The China Banking Regulatory Commission (CBRC) reaffirmed in an online statement that it allows banks in regions with soaring property prices to suspend loans for third homes according to their assessment on credit risks.The CBRC also said the down payment and the lending rate for third homes mortgage loans should be raised, but the specific amount should be determined by banks.The declaration was made in response to domestic reports that the CBRC had ordered banks in Beijing, Shanghai, Shenzhen, and Hangzhou to stop issuing loans to third home buyers.According to Bloomberg's Thursday report, the banking regulator had told lenders to include worst-case scenarios of prices dropping 50 to 60 per cent in cities where they have risen excessively, which signaled that the government might be growing more concerned about the health of the real estate market.

BEIJING, Aug. 22 (Xinhua) -- China's consumer price index (CPI), one of the main gauges of inflation, will peak in August before starting to fall in the following months of the year, an economist said Sunday."The CPI is likely to surpass 3.3 percent in August but that will be the highest level for the year," said Lian Ping, chief economist at Shanghai-based Bank of Communications.He said commodity prices will remain relatively low in the short term as market concern about a weak economic recovery linger and as the European debt crisis spreads.Chinese inflation will also ease due to China's slower economic growth rates and a fall in the price of industrial goods, Lian added.However, long-term inflationary pressures cannot be ruled out, due to potential rises in the cost of food, labor and natural resources, he said.Lian said he expects inflationary pressures to grow in March and April next year.Largely on the back of rising food prices after widespread flooding wrecked crops and disrupted shipping, China's July CPI rose 3.3 percent from a year earlier, the fastest rate since October 2008.The CPI for the first seven months of the year stood at 2.7 percent, below the whole-year target of 3 percent.

vBEIJING, July 14 (Xinhua) -- China's top political advisor, Jia Qinglin, on Wednesday called for efforts to construct a better ecological and healthy living environment while pushing for rapid development in the country's western regions.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks when he visited an exhibition of the western region's environmental protection marking the 10th anniversary of China's strategy to develop its western regions. Jia Qinglin (C, front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits the exhibition of the Inner Mongolia Autonomous Region during an achievements exhibition displaying China's western regions' environmental protection and construction accomplishments during the "West Development" campaign, in Beijing, capital of China, July 14, 2010.While accelerating development in the western regions, Jia said, it was crucial to pay special attention to the construction of the ecological and living environment."A new western region with green mountains and clean rivers will make a greater contribution to the nation's ecological security," Jia said.

ATHENS, June 15 (Xinhua) -- Visiting Chinese Vice Premier Zhang Dejiang and his Greek counterpart Theodoros Pangalos on Tuesday agreed to enhance bilateral cooperation in various areas including economy, education, culture and international affairs.Zhang said that China is willing to cooperate with Greece to push forward their comprehensive strategic relations.China is ready to cooperate with Greece to expand bilateral trade and investment, and strengthen mutual understanding and friendship between the two countries, he said. Greek Deputy Primer Minister Theodoros Pangalos (L) meets with Chinese Vice Premier Zhang Dejiang in Athens, Greece, on June 15, 2010. Zhang is in Greece for an official visit. China is also willing to expand its import of Greek products and hopes that Greece could provide convenience and support for Chinese enterprises that made investments or started businesses there, said Zhang.He also urged the two sides to boost maritime cooperation.Pangalos hailed China-Greece relations as "excellent," saying Greece will continue to strengthen its strategic relations with China, and carry out effective cooperation in regional and international issues.Pangalos said Greece also hoped that the two governments could strengthen cooperation in maritime affairs, trade and economy and investment so as to achieve common development.The two nations signed a total of 14 cooperation agreements on Tuesday in the presence of the two vice premiers.

BEIJING, June 17 (Xinhuanet) -- Flooding and landslides triggered by recent heavy rain have killed at least 42 people as of Wednesday in the worst hit provinces like Guangxi, Fujian and Sichuan, while 49 others are still missing.Storms are forecast to continue to sweep across most parts of South China over the next 10 days, with some areas due to receive 250mm of rain, the China Meteorological Administration said on Wednesday.The national weather forecaster said rainstorms will also hit Guizhou, Sichuan, Fujian and Guangdong the following week.The National Meteorological Center issued a yellow alert on Wednesday morning for heavy rain across parts of China. Residents wade through the waterlogged street in Nanning, southwest China's Guangxi Zhuang Autonomous Region, on June 15. A fresh spell of heavy rains has pounded Guangxi since June 14, triggering floods in some regions of Guangxi.A statement on the center's website urges officials in several provinces, including Fujian, Zhejiang and Guangdong, to prepare for "possible floods and geological hazards".Guangxi flood control and drought relief headquarters said on Wednesday that, as of Tuesday, the death toll from the recent spell of bad weather had climbed to 10 in the province, with 15 missing, and direct economic losses of nearly 400 million yuan (.8 million). The rain had also damaged 61 roads, ruined 66 dams and destroyed 1,170 houses.

来源：资阳报