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BEIJING, Oct. 20 (Xinhua) -- China must improve the quality, accuracy and credibility of statistics to better serve the country's social and economic development, said Chinese Vice Premier Li Keqiang in a letter addressed to a ceremony on Wednesday in Shanghai marking the first World Statistics Day.A relatively standardized modern statistics system that conforms to China's national conditions and international standards have basically taken shape in China, according to the letter received by Xinhua on Wednesday.Li said that as China will soon enter into the 12th five-year development period (2011-2015), it must push forward the development and reform of statistics gathering to provide accurate and comprehensive information in a timely way.Li also said the Chinese government will continue to strengthen international exchanges and cooperation in the realm of statistics.The World Statistics Day, initiated by the United Nations, aims to promote knowledge about statistics among the public.

TIANJIN, Nov. 7 (Xinhua) -- A senior Chinese legislator on Saturday said China is drafting a law to act to combat climate change, a move that signals the country's proactive role in honoring its commitment to curtailing emissions, among other measures, in tackling climate change."The responsibility of lawmakers is to urge the government to take concrete steps to meet its promises," Chen Zhili, vice chairwoman of the Standing Committee of the National People's Congress (NPC), told experts attending a two-day forum on climate change legislation being held in Tianjin beginning Saturday.Chen said despite a broad range of government issues, China is taking serious measures in dealing with climate change and has achieved remarkable progress.Chen said lawmakers will particularly base China's climate change legislation on a resolution passed by the NPC last August.The resolution says China will adhere to "the basic framework" set up in the UN Framework Convention on Climate Change (UNFCCC), signed by more than 150 countries in 1992, and the Kyoto Protocol, agreed to in 1997 by the majority of the international community, to set binding targets for developed countries to reduce CO2 emissions, along with the principles of UNFCCC-endorsed "common but differentiated responsibilities" as well as "sustainable development."Chen said many developing countries are gravely suffering from the damage caused by extreme weathers this year. The international community should provide greater support to these countries in terms of finance, technical support, and capability building to boost their ability to deal with natural disasters.More than 60 lawmakers and law experts from 16 countries and regions are participating in the Tianjin forum on climate change legislation, co-hosted by the NPC and Global Legislators Organization for a Better Environment.

BEIJING, Oct. 23 (Xinhua) -- One of China's top banking regulators has called upon the nation's commercial lenders to improve their balance sheets and reduce excessive reliance on lending for profits.Wang Zhaoxing, deputy chairman of the China Banking Regulatory Commission(CBRC), said banks should not seek excessive profits from a rapid increase in loans and a widening gap between lending and deposit rates, which is unsustainable.Chinese banks went on a lending spree in 2009 in response to the urging of the government as part of the 4-trillion-yuan (601 billion U.S. dollars) stimulus package to ward off the effects of the global financial crisis.Also, nearly 9.6 trillion yuan in new loans last year fuelled fears of banks distributing bad loans.Many banks continue to depend upon issuing credit to government-backed projects to secure profits, Wang said at an industry meeting Thursday. However, those projects often lack adequate risk management.Further, Wang urged lenders to improve balance sheets and the quality of assets, as well as the ability to manage risk aversion.Chinese banking and financial institutions reported net profits of 668.4 billion yuan last year, of which a lion's share came from the gap between deposit and lending rates, investment proceeds and fees, according to the report on China's banking industry issued by the CBRC in July.The report noted that the average capital adequacy ratio stood at 11.4 percent at the end of last year, above the international safety line, while the non-performing loan (NPL) ratio fell to 1.58 percent, down 0.84 percentage points from the level at the beginning of 2009.Despite the improved data, CBRC chairman Liu Mingkang has repeated warnings that an NPL rebound could bring with it risks from lending to local government financing platforms and the property sector which has accumulated asset bubbles.At the meeting, Wang said the CBRC would enhance oversight to assure unscrupulous and unhealthy financial institutions are phased out of the market.Also, China will gradually move towards a market-driven interest rate mechanism, which would ultimately squeeze bank profits.

ISTANBUL, Oct. 9 (Xinhua) -- Chinese Premier Wen Jiabao's four-nation Eurasian tour has scored marked achievements and further deepened China-Europe cooperation, said Foreign Minister Yang Jiechi, who described the visit as "a great complete success."Wen paid official visits to Greece, Belgium, Italy and Turkey and attended the 8th Asia-Europe Meeting (ASEM) and the 13th China-EU summit in the eight days from Oct. 2-9.Yang said Premier Wen's visit is aimed at boosting mutual trust through dialogues and promoting common development through cooperation.During his eight-day visit, Wen took part in more than 70 meetings, events and activities and paid a brief visit to Berlin as a guest of German Chancellor Angela Merkel in the midst of his stay in Brussels.In addition to talking with leaders of the four countries and the European Union (EU), Wen also met with people from the local cultural, industrial and business circles and held joint press conferences or issued joint statements together with the leaders of the countries.Premier Wen vividly presented China's policies and positions, trying different angles, Yang said, which had further improved bilateral relations between China and the four countries and deepened China-Europe ties in the new historic period.

BEIJING, Oct. 14 (Xinhua) -- China here Thursday questioned the intentions of foreign governments who supported the 2010 Nobel Peace Prize going to Liu Xiaobo, saying those governments had no right to interfere in China's internal affairs."What is the true intention of those foreign political figures and governments who support the granting of the Nobel Peace Prize to Mr. Liu Xiaobo? Is it because they resent China's development path and hate China's political system?" Chinese Foreign Ministry spokesman Ma Zhaoxu questioned.Ma said at a regular news briefing that whether China had chosen the best way to more forward, both politically and socially, was best judged by the development reality in China, and the 1.3 billion Chinese people had the biggest say."China's affairs should be left to Chinese people themselves," Ma said, adding that the few biased individuals with the Norwegian Nobel Committee had no right to judge China, and western governments had no right to interfere in China's internal affairs."We never interfere in other's internal affairs, and will not allow others to interfere in ours, " said Ma.The Norwegian Nobel Committee awarded the 2010 Nobel Peace Prize to Liu Xiaobo on Oct. 8th in Oslo, Norway. Liu was sentenced to 11 years in jail on Dec. 25, 2009 after a local court in Beijing convicted him of agitation aimed at subverting the government.