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BEIJING, Dec. 2 (Xinhua) -- Chinese Vice Premier Li Keqiang Thursday called for more efforts to tap ocean resources and protect the ocean's environment.In the past five years, China has made remarkable progress in oceanic work, especially in developing an ocean economy, protecting seawater environment and safeguarding orders on the seawater, he said while meeting with outstanding organizations and individuals selected from the national ocean systems.However, the public's demand on seawater products and services has been increasing and the tasks are arduous to protect the ocean's ecology and ensure sustainable development, he said.Chinese Vice Premier Li Keqiang (R, front) meets with the outstanding units and workers from the national ocean systems, in Beijing, capital of China, Dec. 2, 2010.He urged more efforts be made to implement the scientific outlook on development and accelerate the transformation of economic development patterns in planning the development of the oceans, protecting seawater ecology and improving anti-disaster capacities.

BEIJING, Jan. 17 (Xinhua) -- The China Banking Regulatory Commission (CBRC) announced Monday that it will guide the nation's banks to a scientific pace of lending this year as it stressed bank loans should better serve the real economy.The CBRC said in a statement on its website that it will also expand and improve financial services in the country's rural areas and encourage banks to support borrowing activities from small-sized companies.The CBRC said it will carry out more studies in stepping up support for the country's affordable housing program, which aims to build 10 million affordable housing units for low and middle income residents this year.The commission also said it will continue to implement the differentiated home loan policy adopted last year, under which bank loans for third home purchases are suspended and down payments for all first-time home buyers are at least 30 percent of the purchase price, while second home buyers will have to pay an even higher amount of down payments, at 50 percent.Further, the CBRC said it would tighten controls over lending to local government's financing vehicles in order to ward off risks.Government data showed new yuan-denominated lending in China reached 7.95 trillion yuan (about 1.2 trillion U.S. Dollars) last year, overshooting the government's full-year target of 7.5 trillion yuan.

BEIJING, Jan. 15 (Xinhua) -- China should steadily promote the internationalization of its currency, the yuan, the head of China's social security fund said Saturday.The internationalization of the yuan is a significant step for advancing the reform of the international monetary system, Dai Xianglong, chairman of China's National Council for Social Security Funds, said when speaking at annual economic forum in Beijing.The current international monetary system has not adapted to the new patterns of global economic development, he said, adding that currency diversification is a realistic solution.Currency diversification means continuing the role of dollar, increasing the role of the euro and internationalizing other currencies, he said.The U.S. dollar, serving as both the U.S. currency and the most important international currency, will be used for U.S. policy goals when the two roles contradict each other, spurring fluctuations in global financial markets, he said, adding that the dollar has a tendency to depreciate.He said the Chinese yuan is a stable currency, and so ensures the safety of other countries' assets.The Chinese currency also enhances world trade, protecting the interests of China's foreign trade and investment, he added.The internationalization of the yuan will take 15 to 20 years, he said, suggesting an expansion of the overseas circulation of the yuan and an acceleration in the opening-up of China's large commercial banks to speed up the process.He urged Chinese banks in foreign countries to offer funding in yuan.He also called for more efforts to reform the interest rate mechanism, to ease the process of the internationalization of the yuan.

SINGAPORE, Nov. 14 (Xinhua) -- Chinese Vice President Xi Jinping said here Sunday that China attaches great importance to the development of relations with Singapore and is willing to continue to expand and deepen friendly cooperation of mutual benefit on the basis of mutual respect and equality.When meeting with Singapore Deputy Prime Minister Wong Kan Seng, Xi said China, together with Singapore, will promote the overall and sound development of bilateral relations from the new starting point of the 20th anniversary of the establishment of diplomatic ties so as to further benefit the peoples of the two countries.In the past decades, the bilateral relations have developed rapidly with considerable broadness and in-depth, said Xi, adding that the two countries have enjoyed high level of economic and trade cooperation which can be served as a good model.Chinese Vice President Xi Jinping (L) shakes hands with Singaporean Deputy Prime Minister Wong Kan Seng during their meeting in Singapore, Nov. 14, 2010.He said China and Singapore have achieved fruitful results in human resources and governance exchanges, and conducted close coordination in regards of major international and regional issues.Leaders of the two countries always consider the bilateral relations from strategic and long-term perspective so that the relations have maintained sustainable, stable and sound development, Xi said.With three cooperative mechanisms of vice-prime-minister level in place, the two sides witnessed rapid progress in such fields as hi-tech, Singapore's participation in China's local development, " Going Out" of Chinese enterprises, and human resources development, he said.Xi hoped the joint committee of bilateral relations, a major mechanism, will further offer more support to cooperation in various fields of the two countries so as to achieve mutual benefit and win-win results.China is still a developing country, and faces an arduous task to develop economy and improve people's life, though it has gained the remarkable achievement since the reform and opening-up, Xi said.Wong Kan Seng said it is of great significance of Xi's visit at the 20th anniversary of the establishment of diplomatic relations between the two countries.Singapore and China have a sound and strong basis in their relations, Wong said, adding that a successful and strong China will be conducive to the development of Singapore, also conducive to the benefit of countries in the region.Singapore will further the exchanges and cooperation with China to promote the bilateral relations to a new level.