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BEIJING, Aug. 16 (Xinhua) -- China's central bank and banking regulatory commission have ordered the country's financial institutions to provide preferential loan policies to victims in the mudslide-hit regions of Gansu and Sichuan provinces.The minimum down payment for a home in the disaster-affected urban regions could be reduced to 10 percent while the interest rate for home loans could be cut to possibly 60 percent of the benchmark rate, the People's Bank of China, the central bank, and China Banking Regulatory Commission said in a joint statement issued over the weekend.Banks were also asked to help ease loan pressures for rural residents in the disaster-affected regions.A massive mudslide, which took place on Aug. 8 in Zhouqu County of northwest China's Gansu Province, has killed 1,248 people as of 4 p.m. Sunday, with 496 still missing. Flooding and mudslides in southwest China's Sichuan Province has left at least 13 dead and 59 missing.

SHANGHAI, June 24 (Xinhua) -- Chinese Vice Premier Li Keqiang called for more efforts to accelerate China's urbanization Thursday, as part of the government's efforts to promote economic restructuring and expand domestic demand during this process.Li made the remarks at a training course in Shanghai, saying China's urbanization, which still has much room for expansion, is China's largest source of domestic demand as well as the largest potential driver for development.Further, urbanization would bolster domestic demand, improve people's livelihoods and solve rural problems, Li said.Li noted that China would coordinate development among cities and towns, and step up development of cities in China's central and western regions, while prioritizing development in eastern cities.Chinese Vice Premier Li Keqiang (6th L, front) poses for a group photo with the participants of a training course on urbanization, in Shanghai, east China, June 24, 2010. Li demanded more efforts to solve issues for rural workers including settlement, education for children, housing and social security during the urbanization process.To steadily push forward urbanization in China is an urgent job at present and also a long-term task, Li added.The government said in March that China's rapid urbanization would continue for 15 to 20 years and China would become an urban society in five to six years, with the urbanization rate reaching or exceeding 50 percent.

HAVANA, July 31 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi held talks with his Cuban counterpart Bruno Rodriguez here Saturday on the development of relations between their two countries.Yang called Cuba a very influential country in Latin America and the Caribbean and said the promotion of traditional friendship ties between China and Cuba meets the fundamental interests of the two countries.In addition, Yang said, promotion of the countries' traditional friendly ties also would help safeguard and strengthen global and regional peace and common development.Visiting Chinese Foreign Minister Yang Jiechi (L) shakes hands with his Cuban counterpart Bruno Rodriguez during their meeting on the development of relations between their two countries in Havana of Cuba July 31, 2010.Rodriguez said Cuba attaches great importance to strengthening its ties with China and is willing to advance its relationship with the Asian nation.The two ministers agreed to bring their countries' bilateral ties to a new level at the 50th anniversary of the establishment of diplomatic relations between China and Cuba.They also agreed to maintain the momentum of exchanges between the leaders and senior officials of the two countries and expand exchanges at the inter-party, inter-governmental and inter-parliamentary levels.The foreign ministers also agreed to boost bilateral trade and investment cooperation, advance work on key cooperation projects, and encourage exchanges between their universities, research institutions and non-governmental organizations.Rodriguez and Yang also agreed that China and Cuba should boost cooperation in international affairs to defend their interests and the common interests of developing nations.The leaders also witnessed the signing of an economic and technological cooperation agreement between the two governments.In addition, Yang paid tribute to Jose Julian Marti Perez at a monument honoring the Cuban poet and hero.

BEIJING, July 22 (Xinhua) -- Chinese President Hu Jintao has said that the government should stick to the pro-active fiscal policy and moderately loose monetary policy in the second half of this year to ensure a stable and relatively rapid economic development.Hu, also general secretary of the Communist Party of China (CPC) Central Committee, made the remarks at a symposium held in Beijing Tuesday, with attendance of people from the non-communists parties and the All-China Federation of Industry and Commerce, as well as celebrities without party affiliations.Other members of the Standing Committee of the Political Bureau of the CPC Central Committee, including Wen Jiabao, Jia Qinglin, Xi Jinping, Li Keqiang, also attended the symposium."We should strengthen our awareness of current risks and challenges the country is facing in economy, and firmly implement the central government's policies to ensure a stable and relatively rapid economic development," Hu said.Hu said the economy is developing in the right direction under the government's macroeconomic controls and the government would maintain the continuity and stability of its economic policies to make them more targeted and flexible according to new conditions.Further, more efforts should be made to strengthen economic forecasts and warning systems, as well as in the coordination of economic policies, Hu added.Hu asked for more efforts in the grain industry to achieve a good harvest this year and to improve control and relief work in combating floods and drought.

BEIJING, July 14 (Xinhua) -- Rainstorms and floods sweeping through south China have left at least 118 people dead and 47 missing since July 1, said a statement on the Civil Affairs Ministry website Wednesday.By 4 p.m. Wednesday, more than 32.3 million people in 10 southern provinces and Chongqing Municipality had been affected by continuous rainstorms and floods, the ministry said.About 101,000 houses were destroyed and close to 1.1 million people had been relocated, it said.Direct economic losses were estimated at 22.2 billion yuan (about 3.3 billion U.S. dollars).In Anhui Province alone, at least four people had been confirmed dead since July 8, whereas direct economic losses amounted to 2.3 billion yuan.The ministry had allocated 3,000 tents, 3,000 folding beds, and 20,000 quilts to Anhui.In Hubei Province, rain-triggered floods and disasters have left 28 people dead and two others missing since July 3, the provincial civil affairs administration said Wednesday.Rains and floods have disrupted lives of 9.24 million people, forcing more than 256,700 people to be relocated. Nearly 34,000 houses toppled and 923,700 hectares of crops were damaged, incurring 7.64 billion yuan in direct economic losses.In Yunnan Province, at least three people were killed and more than 1,000 residents were affected after a downpour hit Hongqiao Township in Lijiang City Wednesday.