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BEIJING, May 7 (Xinhua) -- China's recent measures to cool the red-hot property market had curbed excessive home price rises in some cities, a senior government official said Friday during an online discussion with Chinese netizens.Qi Ji, vice minister of housing and urban-rural development, said the reaction to the tightening measures was positive -- after local governments implemented the measures in line with the central government's policy.In April, the Chinese government introduced a raft of tough measures to rein in soaring home prices which grew a record 11.7 percent from a year earlier in March.The measures included more restrictive down-payment requirements, higher loan rates, a ban on lending for third home purchases and tighter scrutiny of developers' financing.He said rapid price growth in some cities was mainly because of a shortage of supply as well as "unreasonable demand.""If not curbed, the excessive gains in prices could spread to more regions, affecting people's living standards and threatening financial safety and even social stability," he added.He said the government would increase crackdowns on illegal practices by property developers, including hoarding of land and delaying sales to exaggerate profits.The government would also strengthen checks on developers' land purchases and fund-raising, he said.He said that the government would seek to increase supply of low-income housing and that a plan regarding construction of such housing for the period to 2012 would be unveiled before the end of July this year, he said.
BEIJING, June 2 (Xinhua) -- China opposes the U.S. decision to set final duties of up to more than 200 percent on imports of steel gratings from China, the Ministry of Commerce (MOC) said in a statement Wednesday.This came after the U.S. Commerce Department Tuesday announced final anti-dumping duties of 136.76 to 145.18 percent on the gratings to "offset below-market pricing." It also set a countervailing duty of 62.46 percent.MOC said the United States had acted "discriminatorily" in the anti-dumping and anti-subsidy investigation and made the wrong conclusion, and China is dissatisfied and is opposed to this.Such move could hurt the interests of China, which both Chinese government and enterprises would not accept, the ministry said.China urged the U.S. to take effective measures to correct the mistake, it said.According to the U.S. trade remedy procedure, the U.S. International Trade Commission (ITC) will also make its final injury determination about the product soon.If the ITC makes affirmative final determinations that imports of steel gratings from China materially injure, or threaten material injury to, the domestic industry, the Commerce Department will issue anti-dumping duties and countervailing duties orders.In 2009, the United States imposed a series of trade remedy measures on Chinese products, and the value involved was eight times more than that in 2008, the MOC statement said."Such action not only hurts the interests of China, but also has an adverse impact on bilateral economic and trade ties," it said.China hoped the United States could show restraint in using trade remedy measures and act to fight trade protectionism, it said.

HONG KONG, May 6 (Xinhua) -- Hong Kong people, including hundreds of volunteers, streamed into a downtown funeral house on Thursday to pay their last respects to the city's fallen hero, Wong Fuk-wing, a former volunteer who lost his life saving others in the April 14 earthquake in northwest China's Qinghai province."I will remember him for all the rest of my life," said nine- year-old Bai Ji, who was among one of those saved by Wong.A three-hour public memorial service began at 4 p.m. local time at a memorial hall of the Universal Funeral Parlor in Kowloon. Among thousands of mourners, four children from the orphanage where Wong worked as a volunteer, came here to pay farewell to Wong, also known as Ah Fuk. Hong Kong Special Administrative Region's Chief Executive Donald Tsang (front) bows at the funeral of Wong Fuk-wing in Hong Kong, south China, May 6, 2010. Hong Kong people, including hundreds of volunteers, streamed into a downtown funeral home on Thursday to pay their last respect to the city's fallen hero, Wong Fuk-wing, a former volunteer who lost his life saving others in the earthquake in northwest China's Qinghai ProvinceWong, a 46-year-old truck driver who had survived the 7.1- magnitude quake in Yushu last month, died in a powerful aftershock as he returned to rescue the trapped people at the orphanage. He rescued four people before being hit -- three orphans and a teacher.A Zhou, a fellow social worker with Wong from the orphanage, burst into tears when he stepped into the memorial hall.All that Wong cared about in his last minutes was the safety of orphans, said A Zhou."We will bend over backward to take care of the orphans, which is also Ah Fuk's wish," the young man told Xinhua.
TAIPEI, March 31 (Xinhua) -- Experts from the Chinese mainland and Taiwan Wednesday started their second round of talks in Taipei to pave the way for a long-awaited economic deal that is expected to boost cross-Strait economic ties.The two-day meeting in Tashi, Taoyuan county, is expected to speed up the consultation process of the Economic Cooperation Framework Agreement (ECFA), which is intended to normalize mainland-Taiwan economic ties and bring the two economies closer.The two sides are expected to exchange views on operational and technological topics including the main content of the agreement and consultation arrangements in the future.The mainland side is composed of directors of the mainland's Association for Relations Across the Taiwan Straits (ARATS), experts and economic affairs officials.Tang Wei, director-general of the Ministry of Commerce's Taiwan, Hong Kong and Macao affairs department, said such an agreement would further cross-Strait economic cooperation, and help the two sides cope with the impact of possible economic crises in the future and the increasingly competitive international market.
WASHINGTON, April 13 (Xinhua) -- Chinese President Hu Jintao and German Chancellor Angela Merkel on Tuesday agreed to further the ties of the two countries.Hu said China-Germany relations are developing soundly, and leaders of the two countries have maintained close contact.China and Germany enjoy good opportunities to move forward their ties under the current complex and changeable international circumstances, said Hu. China is willing to join hands with Germany to raise bilateral ties to a new high, he added.He said China welcomes German President Horst Kohler's visit to China in May and his attendance of the Shanghai World Expo.The two countries have vigorously cooperated in the fields of economics and trade, culture, education, science and technology and justice, and enhanced communication and coordination on regional and international issues.Chinese President Hu Jintao (R) shakes hands with German Chancellor Angela Merkel in Washington, the United States, April 13, 2010. Hu and Merkel are in Washington to attend the Nuclear Security Summit.As to climate change, Hu emphasized the issue concerns the world's sustainable growth and the well-being of the peoples of different countries, so it requires joint response from the international community.The Chinese president said the results of the Copenhagen climate change conference were hard-won, and developed countries should honor their promises to provide fund and transfer technology to developing countries.
来源:资阳报