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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.

DUSHANBE, Nov. 24 (Xinhua) -- Chinese Premier Wen Jiabao and his Kazakh counterpart, Karim Masimov, agreed here Wednesday to enhance bilateral cooperation in various areas, including energy, high-tech, infrastructure and agriculture.The pledge was made at a meeting between the two leaders, who are gathering in the Tajik capital for a prime ministers' meeting of the Shanghai Cooperation Organization (SCO).The strategic partnership between China and Kazakhstan has enjoyed all-round and in-depth development in recent years, Wen said, citing frequent high-level bilateral contacts, increasing mutual political trust, close communication and coordination in such multilateral frameworks as the United Nations and the SCO between the two countries, and remarkable pragmatic bilateral cooperation.Chinese Premier Wen Jiabao (R) meets with Kazakh Prime Minister Karim Masimov in Dushanbe, capital of Tajikistan, Nov. 24, 2010. China is ready to work with Kazakhstan to carry out the consensus reached earlier this year between their heads of state on the development of bilateral ties and advance their strategic cooperation to new heights, Wen said.The two countries should continue to consolidate and expand their cooperation in energy and ensure the safe, stable and effective operation of the China-Kazakhstan oil and gas pipelines, he said.He also urged the two sides to carry out some flagship projects in non-resources fields as soon as possible, enhance their cooperation in high-tech, infrastructure and agriculture, and make concerted efforts to build their transborder free trade zone.The Chinese government supports a greater role of Chinese enterprises in the Kazakh economic development and achieve mutual benefits and common development, Wen said.

BEIJING, Dec. 9 (Xinhua) -- Top political advisor Jia Qinglin called for closer financial ties between the Chinese mainland and Taiwan while meeting with Fredrick Chien, the head of a Taiwan finance delegation here on Thursday.Jia, Chairman of the National Committee of the Chinese People' s Political Consultative Conference (CPPCC), said that financial cooperation was crucial for the cross-Straits economic bond. With the signing of the Economic Cooperation Framework Agreement (ECFA), financial cooperation had made substantial progress and entered a new stage.Jia said closer financial cooperation across the Strait would help financial industries on both sides to fend off international risks and benefit the economic growth of both sides.China's top political advisor Jia Qinglin (R), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with Fredrick Chien, head of a Taiwan financial delegation to the mainland for trade talks, at the Great Hall of the People in Beijing, capital of China, Dec. 9, 2010. Fredrick Chien, also the president of Cathay Charity Foundation, agreed to cooperate and to seize the opportunity to create a win-win situation.The ECFA, taking effect on Sept.. 12, is widely seen as a landmark deal to enhance cross-Strait economic cooperation between the Chinese mainland and Taiwan.Under the agreement, the two sides pledged to gradually reduce and remove trade and investment barriers, and continue discussing agreements for commodities trading, and trade in services and investments.

BEIJING, Dec. 27 (Xinhua) -- Chinese officials and Communist Party cadres have been warned against financial violations and extravagance in the name of New Year celebrations.The Communist Party of China (CPC) Central Commission for Discipline Inspection and the Ministry of Supervision have issued a circular, asking officials and cadres to be self-disciplined and practice frugality during the holiday season.Party officials must not accept gifts in any form, said the circular, which offers a list of prohibited items and services that "could influence the fairness of official duty," such as attending banquets, and expenses-paid travels and entertainment.The holiday season of 2011 starts from New Year's day and continues into the Spring Festival, or the Chinese New Year, which falls on February 3.The Chinese tradition of presenting gifts to family members and friends during the Lunar New Year has been extended to sending gifts to officials, which poses a challenge to the country's anti-corruption efforts.The circular also warned officials to avoid extravagance, and prohibited them from spending sprees using public money for personal gains.Instead, the limited public money and resources should be spent on developing the economy and improving people's livelihoods, it said.Further, the circular told discipline inspection authorities at all levels to seriously crack down on any violations of the law and disciplines.

BEIJING, Dec. 3 (Xinhua) -- During the 11th Five-Year Plan period (2006-2010), China spent 3.26 trillion yuan on social security, an annual increase of 17.6 percent, the Ministry of Finance (MOF) told Xinhua Friday.Wang Jun, vice minister of the MOF, said in the 2006-2010 period, the social security expenditure from the central government stood at 1.4 trillion yuan (210.19 billion U.S. dollars), which was 2.1 times the expenditure in the previous five years.As the improvement of civil welfare is a crucial component of the harmonious society China is pursuing, financial authorities at all levels should continue to raise investments in social security when making the 2011 fiscal budget and plans for the 12th Five-Year Plan starting from 2011, Wang said.