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Wu also presided over a lecture on the development of China's service industry held by the NPC Standing Committee on Wednesday afternoon.

BEIJING, Feb. 3 (Xinhua) -- Vice Premier Wang Qishan on Friday said the Chinese government will accelerate the adjustment of China's economic structure and promote steady and rapid economic development.Wang made the remark while meeting with a group of overseas bankers who attended a ceremony celebrating the centenary anniversary of the establishment of the Bank of China (BOC).The primary task now is to ensure economic recovery and financial stability, as the current global economic and financial situation is very complex and grim, Wang told the bankers.He said China has made great contributions to global economic recovery, as the Chinese economy has maintained a momentum of fairly rapid growth.The government will follow the requirements of the 12th Five-Year Plan to accelerate the transformation of China's economic development pattern and expand domestic demand, Wang said.The vice premier called on financial circles to make suggestions for international financial system reform and the healthy development of the global financial industry.The BOC is one of China's major state-owned lenders and one of the world's most systemically important banks.

During the May 8-10 talk, the two countries exchanged views on topics of tax cuts, service trade, rules of origin, sanitary and phytosanitary measures, technical trade barriers and intellectual property rights, reaching a series of agreements on the issues, the ministry said.

Analysts fret that if a certain proportion of the loans have gone sour, it will push up non-performing loan ratios in the banking industry and threaten banks' credit ratings.

BEIJING, Feb. 10 (Xinhua) -- The Supreme People's Court, the nation's top court, unveiled a judicial explanation Friday to simplify registration procedures for eligible claimants who have had their rights infringed upon by the state.