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BEIJING, Nov. 8 (Xinhua) -- Chinese stocks rose for a third straight trading day Monday with the benchmark Shanghai Composite Index closing up 0.96 percent, or 30.01 points, at 3,159.51.The Shenzhen Component Index gained 0.54 percent, or 73.94 points, to finish at 13,807.3.Combined turnover declined to 453.1 billion yuan (68 billion U.S. dollars) from 459.17 billion yuan the previous trading day.Gainers outnumbered losers 743 to 132 in Shanghai and 950 to 140 in Shenzhen.Agricultural shares led the gains with a 5.39 percent rise amid increased inflation expectations and surging farm product prices.Some economists believe China's consumer price index (CPI), the main gauge of inflation, jumped 4 percent year on year in October.Yasheng Industrial Group, Yongan Forestry Group and Fengle Seed Company all rose by the daily limit of 10 percent, ending at 6.47 yuan, 12.84 yuan and 20.77 yuan, respectively.Local stocks in Shanghai continued their surge after Walt Disney Co. inked a deal Friday for its long-awaited theme park in the city.Shanghai Lujiazui Finance and Trade Zone Development Co., Ltd rose 4.8 percent to 22.7 yuan while Shanghai Pudong Road and Bridge Construction Co. Ltd. gained 3.08 percent to finish at 20.43 yuan.Yu Wei, an analyst at Shiji Investment, said more "hot money" will flow into Chinese capital markets because of the U.S. Federal Reserve's second round of quantitative easing, QE2."As the government works on controlling inflation and the property market, the A-share market will be the most attractive place for 'hot money' inflows," he said.

BEIJING, Sept. 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the country's moderately easy monetary policy while making it better-targeted and more flexible in the coming months of this year.The PBOC made the announcement in its report on China's financial stability, which was released on the PBOC's website.The PBOC said in the next stage it needs to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations.Chinese banks should continue supporting the country's economic restructuring, guard against risks, change profit structures, and improve the capital replenishing and restriction mechanism, the central bank said in the announcement.The announcement noted that local government debt was rising quickly, corporate liquidity was decreasing with a high current debt ratio, and credit card advances were increasing despite mounting financial assets held by residents and the low debt level.It said the global financial crisis had revealed limitations and gaps in the existing regulatory system. To prevent systemic risks, the central bank would combine macro and micro-prudential supervision in its policy package.

BEIJING, Sept. 30 (Xinhua) -- Chinese Premier Wen Jiabao said here Thursday that the Chinese government would develop more open policies to attract high-level foreign talent to China.China's development would not be achieved without the understanding and support from the international community, Wen said.He also urged government departments to create more favorable policies for foreign experts in China, concretely implement the policies and provide better working and living conditions for these experts.Wen made the remarks during his meeting with 50 foreign experts who had won this year's "Friendship Award" at the Great Hall of the People.Chinese Premier Wen Jiabao (C) meets with foreign experts, who have just received the Friendship Award presented by the Chinese government, and their relatives in Beijing, capital of China, Sept. 30, 2010. Wen, on behalf of the Chinese government and the people, congratulated the winners and thanked them for their outstanding contribution to the country's social and economic development.He also met with the winners' family members and extended his greetings to them, as well as to all foreign experts and friends working in China.Foreign experts in China were the participants in China's development and the eyewitnesses of such development and progress in China, Wen said.The achievements China had gained were a result of both the hard work of the Chinese people and the wisdom and efforts of the foreign experts, he said.The "Friendship Award" is an annual award issued by the Chinese government to honor outstanding foreign experts in China. A total of 1,149 foreign experts from 60 countries have been awarded the honor since it was issued in 1991.This year's 50 winners come from 16 countries, and they are experts in various fields such as industry, agriculture, energy technology, environment, education, health and cultural sectors. They received the award at a ceremony on Wednesday.On Thursday, Wen also met with new ambassadors to China from 32 countries at the Great Hall of the People.

BRUSSELS, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao said Wednesday that China and Belgium should enhance communication and cooperation in a variety of areas to deepen their bilateral relations.Based on the principle of equality and mutual benefit, China wishes to encourage mutual investment and broaden cooperation with Belgium in high-end manufacturing, biological technology, new material and agricultural products processing, Wen told Belgian Prime Minister Yves Leterme during a meeting.China attaches great importance to its friendly cooperative relations with Belgium, Wen said.Seizing the opportunity of the 40th anniversary of the establishment of diplomatic ties in 2011, China wishes to make a joint effort with Belgium to inject new energy into their bilateral ties by enhancing all-level exchanges and make plans for cooperation, the premier said.Despite the global financial crisis, trade between China and Belgium has witnessed growing momentum with rocketing Belgian exports to China, Wen said.The two countries have made progress in cooperating on finance, nuclear energy, and communications, he said.Wen said both countries should oppose trade protectionism, counter global challenges and strengthen coordination and cooperation in the United Nations and the World Trade Organization.

BEIJING, Oct. 25 (Xinhua) -- China and Africa celebrated the tenth anniversary of the Forum on China-Africa Cooperation (FOCAC) in Beijing Monday, outlining future efforts for greater development of the new type of strategic partnership.Addressing a reception marking the anniversary, Jia Qinglin, top Chinese political advisor, thanked all those who have contributed to the development of FOCAC, a platform for dialogue and pragmatic cooperation between China and Africa launched in October 2000.Hailing the establishment of the forum as a strategic decision by Chinese and African leaders, Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, said the mechanism of the forum has gradually improved and borne growing significance over the last decade.China and Africa have enjoyed increasingly frequent high-level exchanges, mutual political trust and trade relations. "China and Africa have come closer together. Our links have become stronger and our friendship has grown deeper. The relationship is now at a new historical starting point," said Jia.Jia mentioned the recently concluded fifth plenary session of the 17th Central Committee of the Communist Party of China (CPC), which reviewed and adopted the proposal for formulating the 12th five-year plan on national economic and social development.