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BEIJING, June 3 (Xinhua) -- Chinese Premier Wen Jiabao returned to Beijing Thursday evening after official visits to the Republic of Korea (ROK), Japan, Mongolia and Myanmar.During the tour which started on May 28, Wen also attended the third three-party leaders' meeting of China, the ROK and Japan in ROK's Jeju island.Wen's entourage also came back to Beijing.
BEIJING, May 28 (Xinhua) -- Lending by Chinese banks may drop to 600 billion yuan (88 billion U.S. dollars) in May as the central government winds down its stimulus program and cools the property market to prevent the economy from overheating, the Shanghai Securities News reported Friday.A fall in bank lending in May is expected after the government introduced a raft of measures to curb the skyrocketing property market in April. The measures included a ban on lending for third home purchases and increased scrutiny of developers' financing, the report said.Lu Zhengwei, an economist at Industrial Bank, estimates Chinese banks' May lending will be 450 billion yuan to 650 billion yuan, compared with 774 billion yuan in April."China has asked banks to strictly control lending to industries with overcapacity and to stop lending to new projects not in the 4-trillion-yuan stimulus package. These will be major reasons for a drop off in May lending," he said.China's banks lent 3.37 trillion yuan in the first four months of the year, about 45 percent of the government's full-year 7.5-trillion-yuan lending target.The National Bureau of Statistics is due to release major economic data for May, including new bank lending, mid-June.

BEIJING, April 27 (Xinhua) -- China's Ministry of Commerce Tuesday made a cautious prediction for the outlook of the nation's foreign trade for the rest of the year amid the fragile global economic recovery.The rebound of China's overseas shipments in the first quarter can largely be attributed to the low comparison base of the same period last year, the commerce ministry report said.Moreover, uncertainty in the global market remains as high unemployment in European Union nations and low capacity-utilization in the United States may dampen consumption and investment, the report said.China is facing deteriorating trade conditions as trade protectionism is on the rise, the report added.China suffered 19 trade-remedy investigations in the first quarter, up 93.5 percent over the same time last year. The investigations, targeting Chinese products, involved trade worth 1.19 billion U.S. dollars, the report said.The report also said higher costs may squeeze domestic enterprises' profits as a result of raw material price hikes and rising labor costs.China's exports increased 28.7 percent year on year in the first quarter of 2010 after dipping 16 percent last year amid the global economic downturn, customs data showed.
PARIS, May 11 (Xinhua) -- The efforts made by China on its course of development has made it a successful example for other emerging countries, the UN Educational, Scientific and Cultural Organization's chief said to Xinhua in an exclusive interview here on Tuesday, four days before her trip to China and the Shanghai Expo.The UNESCO Director General Irina Bokova will pay a working visit to Shanghai and Beijing from May 16, during which she will have a two-day stop for the Shanghai Expo, which has opened doors to the public on May 1."We've seen the efforts of China, which are spectacular in all areas of development ... it also shows that with political will, with the efforts of an entire people to focus on development, it is possible to overcome certain difficulties," she said.She praised China's "very impressive" development and said China should also share its experience with other developing countries because it "is a good example that can bring millions of people out of poverty by adapting to a globalized world."Additionally, she encouraged China to engage more into UNESCO affairs in Africa and in Asia on educational domain.As to the Shanghai Expo, the UNESCO has set up its own pavilion at the Expo site and Bokova herself has personally planned diversified activities, lectures and conversations at the pavilion to provide platforms for idea exchanges with Chinese people and foreign visitors, the veteran diplomat told Xinhua.The Shanghai World Expo "gives an opportunity for all countries and all organizations to make a sort of communication on their values and their activities," she said, seeing it "a great event for China and for the entire international community."Bokova is expected to launch a UN report on cultural diversity at the UNESCO pavilion, which is specially designed to focus on material and immaterial cultural heritages, education issues and scientific topics including climate change, water management and etc.She spoke highly of the great effort made by the Chinese authorities to organize the World Expo in Shanghai."I know that the 'motto' of this exhibition is about urban ( Better City, Better Life). We already know that 60 percent of the world population live in cities, the figure rises almost all the time. Some projections say that in fifty years there will be 80 percent of the world population live in cities," she indicated.According to the director general, the UNESCO is seeking answers through its experiences to some difficult issues that are associated with globalization and interconnectability of the world in the fields of culture, science and especially the education.She underlined that education and personnel training was the key factor to make a nation "competitive" and have "sustainable development."At last, the UNESCO chief issued a friendly message to China and Chinese people, saying China is a very old nation "with ancient roots very deep into all the culture of humans" and it meanwhile "shows the dynamism and creativity, which are examples for all the world.""I think China has proved that there are no limits, there is no problem that can not be overcome," she concluded.
BEIJING, April 27 (Xinhua) -- Chinese President Hu Jintao on Tuesday called for more efforts to promote the "model worker spirit" nationwide to further advance social and economic development.Hu made the remarks at a rally honoring 2,115 Chinese national labor heroes and 870 advanced workers in Beijing ahead of the International Labor Day on May 1.Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also attended the ceremony, presided over by Premier Wen Jiabao. Chinese President Hu Jintao addresses a rally honoring Chinese national labor heroes and advanced workers at the Great Hall of the People in Beijing, China, April 27, 2010.Hu, also general secretary of the CPC Central Committee, praised the model workers and advanced workers for their "outstanding contributions in pushing forward the country's social and economic advancement.""They are the outstanding representatives of hundreds of millions of working people in China who have made noticeable efforts to help build a well-off society in an all-round way," Hu said."We should promote and popularize the spirit of model workers throughout the whole of society," Hu said, adding the nation should learn from them, act like them and care for them.Hu said efforts should be made to stimulate creativity of working people to enhance the nation's sound and fast economic development.Working people, Hu added, are the major force accelerating economic restructuring, an important process China is going through.Hu encouraged working people to improve traditional industries and develop strategic new industries, in a bid to build a creative-minded, energy-efficient and environment-friendly society.Hu said the government will take "political, economic, social, legal and administrative measures" to protect the interest of labor to boost social equality and justice.The government will also work to create more jobs and lift income for workers, Hu said.At the ceremony, Premier Wen Jiabao called on the whole nation to follow the example of model workers and make greater contributions to the country's development.
来源:资阳报