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SHANGHAI, July 30 (Xinhua) -- China would firmly stick to its moderately easy monetary policy and concrete the recovery momentum of the country's economy, said vice governor of China's central bank on Wednesday. Su Ning, Vice Governor of the People's Bank of China (PBOC) made the remarks in a meeting held in the bank's Shanghai-based headquarter, saying a proactive fiscal policy and moderately easy monetary policy were crucial for sustained growth.     Despite an initial economy recovery resulted from the government's stimulus efforts in the first half, the country still faced severe difficulties and challenges from both domestic and abroad.     In the second half, the PBOC would use a set of monetary policy mix to coordinate a "reasonable" credit structure based on market rules, and to ensure more loans to major infrastructure construction and technology innovation, Said Su.     China's economy rebounded to grow 7.9 percent in the second quarter driven by a surge of fixed-asset investment backed by government's 4-trillion-yuan stimulus package on last September.     Chinese banks lent a record 7.37 trillion yuan in the first half to shore up the economy, which sank to 6.1 percent in the first quarter.

BEIJING, Aug. 17 (Xinhua) -- China on Monday urged more efforts to push forward the rejuvenation of the country's northeast and other traditional industrial bases.     Great progress has been made in the regions since China launched the rejuvenation move more than five years ago, said attendees at a meeting of the leading group of the State Council, the Cabinet, for revitalizing the northeast and other old industrial bases. The rejuvenation strategy of old industrial bases mainly covers regions including Liaoning, Heilongjiang and Jilin provinces and the northeastern parts of Inner Mongolia Autonomous Region. Chinese Premier Wen Jiabao (L Back) presides over a meeting of the leading group of the State Council (Cabinet) for revitalizing the old industrial bases in northeast China and other regions, in Beijing, capital of China, Aug. 17, 2009. China on Monday called for more efforts to push forward the rejuvenation of the northeast and other traditional industrial bases    The northeast is a major base of grain production, heavy industry and energy resources in China. Many cities in the regions face developing challenge as their energy resources are depleted and heavy industries face the burden of restructuring.     The meeting, chaired by Premier Wen Jiabao, agreed more efforts should be spent in the regions to optimize economic structure, promote the development of modern industries, and speed up infrastructure construction, especially some major energy, transport and water conservation projects.     Great importance should be attached to promoting innovation and technological progress in enterprises and work should be urged to develop modern agriculture as well as grain production, transportation and storage to secure the national grain reserve base.     The meeting also called for efforts to tackle issues emerging from the transformation of resources-oriented cities, eco-environmental conservation, improvement of people's livelihood, regional economic cooperation and state-owned enterprise reform.

BEIJING, Aug. 4 (Xinhua) -- Salary increases for executives of state-owned enterprises (SOE) should be in line with those for employees, Hu Xiaoyi, China's Vice Minister of Human Resources and Social Security, said Tuesday.     Hu said that the government was formulating a document to regulate more effectively SOE executives' salary plans, and the document would be released in the near future.     "The disparity between executives' and employees' salary rises should not be alarmingly large," Hu said, noting long-term incentives as well short-term incentives should be used for SOE executives.     The State-owned Assets Supervision and Administration Commission is responsible for the regulation of 136 centrally-administered SOEs.

BEIJING, July 31 (Xinhua) -- China will unremittingly pursue the path of peaceful development and its military will enhance cooperation with foreign armed forces in order to contribute to common development, said Defense Minister Liang Guanglie Friday"China will develop friendly cooperation with all the countries in line with the Five Principles of Peaceful Co-existence to make new contributions to building a harmonious world of lasting peace and common prosperity," said Liang at a reception at the Great Hall of the People in Beijing to mark the 82nd anniversary of the establishment of the People's Liberation Army (PLA).     "Peace and development remain themes of the times, yet the world is not peaceful," said Liang, who is also a member of the Central Military Commission (CMC) of the Communist Party of China (CPC) and a state councilor.     China's military would enhance exchanges and deepen cooperation with foreign armed forces to fulfil its international obligations and responsibilities, said Liang.     Liang said "positive changes" in the situation across the Taiwan Straits had helped curb "Taiwan independence" forces, and the two sides have expanded and deepened exchanges and cooperation in fields of economy and culture, among others. A reception is held to mark the PLA's 82nd founding anniversary in Beijing, capital of China, July 31, 2009    "We will firmly hold the theme of the cross-Straits peaceful development, adhere to the one-China policy, oppose the secessionist activities of 'Taiwan independence' forces and firmly safeguard China's sovereignty and territorial integrity to continue to make due efforts for peaceful development of cross-Straits relationship," said Liang.     In August 1927, the CPC armed forces led an uprising against warlords, which is regarded as the founding day of the services. Chinese Defense Minister Liang Guanglie, who is also member of the Central Military Commission (CMC) and a state councilor, speaks at a reception to mark the 82nd founding anniversary of the Chinese People's Liberation Army (PLA) in Beijing, capital of China, July 31, 2009."The PLA, focusing on modernization, will keep improving its capacity to deal with crises and safeguard peace, and deterring and winning a war," said Liang.     "The PLA will also prevent antagonistic forces from carrying out separatist and sabotage activities and safeguard national security and social stability," Liang said.     The reception was attended by CMC members Chen Bingde, Li Jinai, Liao Xilong, Chang Wanquan, Jing Zhiyuan, Wu Shengli and Xu Qiliang, army officers in active duty and representatives of retired army officers, as well as foreign military attaches.

SHANGHAI, Sept. 28 (Xinhua) -- China, Japan and the Republic of Korea (ROK) on Monday agreed to deepen their all-round cooperative partnership.     The agreement came at the end of a day-long foreign ministers' meeting in Shanghai, involving Chinese Foreign Minister Yang Jiechi, Japanese Foreign Minister Katsuya Okada and ROK Foreign Affairs and Trade Minister Yu Myung Hwan. The three countries will build stronger strategic mutual trust, deepen and upgrade cooperation, carry out people-to-people exchanges and promote east Asia cooperation and regional peace and development, said a statement issued after the meeting. Chinese Foreign Minister Yang Jiechi (C), Japanese Foreign Minister Katsuya Okada (R) and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan attend a press conference after their meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on Monday.    The meeting coincided with the 10th anniversary of the launch of a trilateral cooperative mechanism between China, Japan and the ROK.     The ministers reviewed and summarized the progress of trilateral cooperation, and exchanged views on commemorative events to mark the 10th anniversary and future cooperation as well as regional and international issues of common concern, according to the statement. Chinese Foreign Minister Yang Jiechi (C), Japanese Foreign Minister Katsuya Okada (1st L) and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan (1st R) arrive for a press conference after their meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on MondayThey said they were "satisfied with the trilateral cooperation progress."     For the last decade, trilateral cooperation had taken on a good momentum of development, the statement said.     The three countries put their good-neighborly friendship at the key position of their own foreign relations, the statement said, citing high-level exchanges, increased political trust and efforts to implement their cooperative action plan. Chinese Foreign Minister Yang Jiechi, Japanese Foreign Minister Katsuya Okada and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan attend the trilateral meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on MondayThe countries had implemented more than 30 cooperative projects, covering politics, economics, environmental protection, science and technology, society, culture and international affairs, said the statement.     The foreign ministers also exchanged views on the second trilateral leaders' summit scheduled for Oct. 10 in Beijing.     "At a critical juncture to deal with the global economic downturn, promote recovery and boost growth, the leaders' summit will be significant to enhance political mutual trust, advance reciprocal cooperation, and promote Asian stability and development," the statement said.     The three ministers agreed to keep close communication in preparation for the leaders' summit.     The first summit between China, Japan and the ROK was held in Fukuoka, Japan, on Dec. 13, 2008.     The foreign ministers' meeting also covered the world economy and finance, northeast Asian issues, east Asian cooperation, climate change, reform of the United Nations, arms control, disarmament, and anti-proliferation.     They agreed to hold the fourth trilateral foreign ministers' meeting in the ROK next year.

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