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BEIJING, Dec. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang has said finance should play a vital role in the country's macro control policies, while ensuring and improving people's livelihoods should be the priority of public finance.Li, speaking Monday at a national finance work conference, said China would stick to its proactive fiscal policy in 2011 and better handle relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, according to a statement released on Tuesday.The country will also put more focus on stabilizing overall commodity prices and promoting a balance between supply and demand to ensure basic livelihoods for residents, Li said.Chinese Vice Premier Li Keqiang (C) speaks at a national finance work conference in Beijing, capital of China, Dec. 27, 2010. He pointed out that finance should play a larger role in accelerating the transformation of the country's economic development pattern.Fiscal policies should focus on boosting domestic consumption, increasing fiscal and taxation support to innovation, energy saving and industrial upgrading, and deepening the reforms in fiscal and taxation systems to make the systems conducive to the country's scientific development, Li said.China should improve the structure of fiscal expenditure and give fiscal policies full play in adjusting income distribution to improve people's livelihoods, he said.Further, Li said the country would build more affordable housing, step up supervision of the property market, curb speculation and increase its supply of commercial housing.China planned to build 10 million government-subsidized affordable housing units next year, almost doubling this year's target of 5.8 million units.
BEIJING, Dec.19 (Xinhua) -- China's land regulators urged local land authorities late Sunday to take concrete measures against excessive growth in the country's land prices in some Chinese cities and crack down on illegal behavior, such as land hoarding, to ensure the implementation of the government's cooling measures on the property market.The Ministry of Land and Resources(MOLAR) said in a statement on its web site that the recently seen high prices in land sales in some Chinese cities had raised social concerns, which local land authorities should pay considerable attention to, and take actions to curb the rapid growth in land prices.According to the MOLAR, cities and counties that had not provided more than 70 percent of the total land supply this year to shantytown renovation, the construction of affordable homes and medium-priced commercial housing, should not provide land for high-end housing for the rest of this year.Further, for land sales with over 50 percent premium rate or record high prices, local governments should report to provincial land authorities and the MOLAR within two working days after the deal is closed.The procedures of supplying land should also be strictly conducted, and there should never be any change in the use of land that is for the construction of affordable housing, said the statement.
MOSCOW, Dec. 2 (Xinhua) -- A handover certificate on China providing Russia with emergency humanitarian aid has been inked in Moscow between the two sides, the Chinese embassy in Russia announced on Thursday.The document was signed by Chinese Ambassador to Russia Li Hui and Vladimir Puchkov, State Secretary and Deputy Minister of Russian Emergencies Situations Ministry on Wednesday.On behalf of the Russian government, Puchkov thanked the Chinese government and people for providing aid and support to Russia on the abnormal summer wildfires.Li spoke highly of the close cooperation between China and Russia in recent years on emergency rescue and humanitarian aid, and expressed hope that China could further strengthen cooperation and exchange views with Russia in this regard in the future.The humanitarian aid delivered by the Chinese side on Aug. 20 was worth three million U.S. dollars, including fire extinguishers, compressors, fire-fighting suits and gas masks.Statistics showed that the summer wildfires have cost Russia 15 billion dollars.
Liu Yandong, ethnic Han, native of Nantong, Jiangsu Province, born in November 1945. GUANGZHOU, Dec. 20 (Xinhua) -- Chinese State Councilor Liu Yandong left Guangzhou, capital of south China's Guangdong Province, on Monday for official visits to Chile, Ecuador, Colombia, Antigua and Barbuda.Liu is making the visits at the invitation of the governments of the four countries.
XIANGTAN, Hunan, Dec. 1 (Xinhua) -- Experts and rescuers said Wednesday there was little hope of finding seven miners trapped underground alive after a coal mine was flooded nearly one day earlier in Hunan Province.The flood happened at 11:38 p.m. Tuesday in a pit at the Yide Coal Mine in Xiangtan County, trapping seven miners at a depth of 89 meters, said Zhao Jun, one of the experts involved in the rescue operation.The miners were believed to be stranded in a tiny area and it is possible they have drowned, said Zhao, who is also the chief engineer of Hunan's Coal Industry Bureau.In addition, the oxygen density was tested to be 8 percent at a depth of 83 meters in the flooded pit, indicating less oxygen at the level where the miners were trapped, which increases the possibility of suffocation, rescuers said.However, rescuers are still trying to install more pumps to drain the water.A spokesman with the emergency rescue headquarters said Yide, a small mine that had doubled its annual output to 60,000 tonnes after recently merging with a neighboring mine, had been warned due to safety concerns, both orally and in writing, over the past four weeks.Senior executives and major shareholders of the mine are now in police custody.