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BEIJING, Sept. 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the country's moderately easy monetary policy while making it better-targeted and more flexible in the coming months of this year.The PBOC made the announcement in its report on China's financial stability, which was released on the PBOC's website.The PBOC said in the next stage it needs to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations.Chinese banks should continue supporting the country's economic restructuring, guard against risks, change profit structures, and improve the capital replenishing and restriction mechanism, the central bank said in the announcement.The announcement noted that local government debt was rising quickly, corporate liquidity was decreasing with a high current debt ratio, and credit card advances were increasing despite mounting financial assets held by residents and the low debt level.It said the global financial crisis had revealed limitations and gaps in the existing regulatory system. To prevent systemic risks, the central bank would combine macro and micro-prudential supervision in its policy package.

BEIJING, Sept. 26 (Xinhua) -- Chinese Public Security Minster Meng Jianzhu on Sunday urged police forces from Beijing and six provincial-level regions around the capital to share information and work closely to beef up security work.Meng made the remarks at a work conference on police cooperation in regions around Beijing.Police chiefs of Beijing, Tianjin, Hebei, Shanxi, Liaoning, Shandong and Inner Mongolia signed a framework agreement for the cooperation.Liu Qi, chief of the Beijing Municipal Committee of the Communist Party of China (CPC), also called for joint and efficient efforts of the police in the regions around Beijing to ensure the regions' security and stability.

BEIJING, Sept. 2 (Xinhua) -- Chinese President Hu Jintao and his Ukrainian counterpart Viktor Yanukovich expressed here Thursday the willingness to lift the friendly and cooperative China-Ukraine relationship to a new level.They also promised to strive to increase two-way trade to 10 billion U.S. dollars by 2012. According to official statistics, trade between China and Ukraine topped 3.3 billion U.S. dollars in the first half of the year, up 31.3 percent year on year.The two presidents attended the signing ceremony of a dozen documents on bilateral cooperation involving such areas as official relations, finance, infrastructure development, aerospace, business, customs and quarantine, railway lines and electricity.Chinese President Hu Jintao (R) shakes hands with Ukrainian President Viktor Yanukovych during a welcoming ceremony held for Yanukovych at the Great Hall of the People in Beijing, capital of China, on Sept. 2, 2010.According to a contract signed Thursday afternoon, Chinese companies will undertake the construction of a 950-million-U.S.-dollar city rail line connecting the airport in Kiev, the capital city of Ukraine.President Hu urged the two sides to earnestly implement the cooperative projects that they have agreed upon and to actively explore new projects.Yanukovich is in Beijing for his first ever visit to China. He is also the first Ukrainian President to visit China since 2002.During the talks, Hu expressed readiness to further deepen and upgrade bilateral ties, as China has always placed importance on its relations with Ukraine, maintaining that the two sides should view bilateral ties from a strategic and long-term perspective.He expressed the readiness to work with the Ukrainian side to strengthen political dialogue and consultation through exchanges and inter-government contact.Hu said China will continue to strengthen cooperation with Ukraine in regional and international organizations to jointly promote global peace, stability and prosperity.Yanukovich said the two sides should work together to tap into the potential of bilateral strategic cooperation.He said the two sides should strengthen political dialogue, boost exchanges of high-level officials and increase exchanges between political parties and legislatures.Yanukovich expressed readiness to expand bilateral cooperation in the areas of trade, economy, investment, finance, science, technology, infrastructure development, agriculture and aerospace.Both Hu and Yanukovich said the consensus they reached during a meeting at the nuclear security summit in Washington in April added fresh impetus to bilateral ties.During his stay in Beijing, Yanukovich will also meet with top Chinese legislator Wu Bangguo and Premier Wen Jiabao.Yanukovich will fly to Shanghai Saturday to attend the 2010 World Expo.

BEIJING, Aug. 31 (Xinhua) -- China's banking regulator will strictly implement the central government's macroeconomic policies that aim to curb soaring housing prices, an official said Tuesday.Ye Yanfei, deputy head of the Statistics Department of the China Banking Regulatory Commission (CBRC), said the CBRC will restrain speculative property investment and support the building of affordable housing while controlling risk.China's housing market and lending to the property sector are crucial to the national economy and people's livelihood, as well as to the stable and steady development of the nation's banking sector, Ye said at a seminar in Beijing.Ye's remarks come after the banking regulator said it would further "instruct and monitor" commercial banks' efforts to strengthen the management of lending to home-buyers.Ye's comments echo those of Zhang Ping, director of the National Development and Reform Commission, who said last Thursday in a report to China's top legislature the government will "further implement the measures meant to curb excessive gains in housing prices and resolutely restrain speculative property investment in the second half the year."Ye also said the CBRC has pushed lenders to test the impact of falling house prices, although the regulator said earlier that hypothetical scenarios examined in stress tests do not herald any change in policyHousing prices in major Chinese cities rose 10.3 percent year on year in July, slower than the 11.4 percent growth rate in June, according to official figures.On a monthly basis, housing prices in June fell 0.1 percent from May and July prices were unchanged from June.

BEIJING, Sept. 30 (Xinhua) -- Chinese Premier Wen Jiabao said here Thursday that the Chinese government would develop more open policies to attract high-level foreign talent to China.China's development would not be achieved without the understanding and support from the international community, Wen said.He also urged government departments to create more favorable policies for foreign experts in China, concretely implement the policies and provide better working and living conditions for these experts.Wen made the remarks during his meeting with 50 foreign experts who had won this year's "Friendship Award" at the Great Hall of the People.Chinese Premier Wen Jiabao (C) meets with foreign experts, who have just received the Friendship Award presented by the Chinese government, and their relatives in Beijing, capital of China, Sept. 30, 2010. Wen, on behalf of the Chinese government and the people, congratulated the winners and thanked them for their outstanding contribution to the country's social and economic development.He also met with the winners' family members and extended his greetings to them, as well as to all foreign experts and friends working in China.Foreign experts in China were the participants in China's development and the eyewitnesses of such development and progress in China, Wen said.The achievements China had gained were a result of both the hard work of the Chinese people and the wisdom and efforts of the foreign experts, he said.The "Friendship Award" is an annual award issued by the Chinese government to honor outstanding foreign experts in China. A total of 1,149 foreign experts from 60 countries have been awarded the honor since it was issued in 1991.This year's 50 winners come from 16 countries, and they are experts in various fields such as industry, agriculture, energy technology, environment, education, health and cultural sectors. They received the award at a ceremony on Wednesday.On Thursday, Wen also met with new ambassadors to China from 32 countries at the Great Hall of the People.