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YANGON, Aug. 29 (Xinhua) -- The 5th Escort Task group of the Chinese People's Liberation Army (PLA)- Navy, made up of two warships -- "Guanhzhou" and "Caohu" made a friendly call at Myanmar Yangon's Thilawa Port Sunday afternoon.It was also the first time for Chinese naval warship to have called at Myanmar port.The five-day mission is aimed at promoting friendly relationships between the two armed forces of the two countries and exchange between the two navies.A grand ceremony was launched to welcome the Chinese warships amid rain, attended by Major Han Sein, Commander of Myanmar Navy Dockyard Base, Chinese Ambassador to Myanmar Ye Dabo and other embassy officials as well as representatives of Chinese companies, teachers and students based in Myanmar and local Chinese residents totaling about 200.Chinese naval soldiers and officers of destroyer Guangzhou stand in formation on board upon their arrival at Myanmar Yangon's Thilawa Port, Aug. 29, 2010. The 5th Escort Task group of the Chinese People's Liberation Army (PLA)-Navy, made up of two warships -- "Guanhzhou" and "Chaohu" made a friendly call at Myanmar Yangon's Thilawa Port Sunday afternoon.After the ceremony, the warships were open to the visitors for viewing.During the call, the Chinese PLA escort task group will launch a series of exchange with the Myanmar navy.Myanmar is the fourth country that the 5th Chinese PLA escort task group called on after completing its escort missions in gulf of Aden and the waters off Somali coast.Prior to Myanmar, the escort task group had called on Egypt, Italy and Greece.

BEIJING, Sept. 1 (Xinhua) -- Chinese government Wednesday announced guidelines designed to boost the development of home services industry across the country, vowing financial support and tax cuts."The home services industry plays an important role in creating jobs. It also improves people's living standards and expands domestic demand, helping adjust China's economic structure," said a statement issued after an executive meeting of the State Council, China's Cabinet, presided over by Chinese Premier Wen Jiabao.The government will prioritize development of housekeeping services, community services, senior citizen care, and home care for the sick to meet the basic needs of families, the statement said.Delivery of household necessities and home education may also be developed in line with local conditions to meet the special needs of households, the statement added.The government encourages business people to invest in the home services industry to nurture a domestic home services market, it said.The statement also said public employment service providers must improve their services and offer free career counseling for home service providers.The government also promised to intensify supervision of home service companies to safeguard consumer rights.It also promised to take measures to safeguard service providers' rights to reasonable salaries.

SHANGHAI, Oct. 2 (Xinhua) - China and Cambodia pledged to further cooperation and bilateral ties as top Chinese legislator Wu Bangguo met with Cambodian King Norodom Sihamoni in Shanghai Saturday."China attaches importance to relations with Cambodia and hopes to deepen and advance the mutually beneficial cooperation to lift bilateral ties," Wu told Sihamoni.Wu, chairman of China's National People's Congress (NPC) Standing Committee, said China cherished the special friendship with the Cambodian Royal Family.The friendship nurtured by Chinese leaders and former Cambodian King Norodom Sihanouk had weathered the changing international landscape, said Wu.Bilateral relations had seen frequent high-level visits, increased political mutual trust, and mutually beneficial trade cooperation and support on international and regional issues, said Wu.Wu also thanked the king for his support to the Shanghai World Expo and presence at the celebrations of China's National Pavilion Day at the Shanghai World Expo Friday.Sihamoni said the progress in bilateral relations was in the line with the two peoples' aspirations and the Cambodian Royal Family was committed to boosting bilateral cooperation.

BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.

BEIJING, Oct. 15 (Xinhua) -- Foreign direct investment (FDI) in China in September rose 6.14 percent year on year to 8.384 billion U.S. dollars, bringing the country's FDI inflow for the first nine months back to pre-financial crisis level.The September figure brought the total amount for the first nine months of this year to 74.34 billion U.S. dollars, rising 16.6 percent year on year, spokesman with the Ministry of Commerce (MOC) Yao Jian said Friday at a press conference.The January-September FDI figure suggested China's FDI inflow had returned to pre-crisis level, Yao said.According to MOC statistics, China received 74.37 billion U.S. dollars of FDI in the first nine months of 2008.The September FDI increase quickened from the year-on-year growth of 1.38 percent in August.The stable increase in China's FDI inflow was mainly boosted by the country's strong economic momentum, said Lu Zhengwei, chief analyst at the Industrial Bank.Although China's economic growth had eased, it was still strong, Lu said.China's GDP increased 10.3 percent year on year in the second quarter of this year, decelerating from first quarter's 11.9 percent. The National Bureau of Statistics is scheduled to release economic data for the third quarter next week.China's manufacturing sector received 47.6 percent of FDI inflow in the first nine months, while services industry got 45 percent, Yao said.A total of 19,209 foreign-invested enterprises were approved for establishment during the period, up 17.5 percent from one year earlier.Yao expected China's FDI inflow to hit 420 billion U.S. dollars in the country's 11th Five-year Plan (2006-2010) period, which was 1.5 times as much as that in the 2001-2005 period. This would make China the world's second largest destination for FDI.During the first nine months, China's outbound investment, excluding the financial sector, totaled 36.27 billion U.S. dollars, up 10.4 percent, he said. Some 30.9 percent of the investment outflow was for acquisitions of companies.

来源：资阳报