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BEIJING, April 18 (Xinhua) -- Chinese President Hu Jintao on Sunday promised orphan students in the quake-hit Yushu new homes and schools while rescuers continue to battle altitude sickness in search of survivors."There will be new homes! There will be new schools!" the president, who arrived in Yushu to inspect relief work one day after returning from a shortened overseas visit, wrote in chalk on the blackboard of a makeshift classroom.The 7.1-magnitude quake which struck the Tibetan Autonomous Prefecture of Yushu Wednesday morning has left at least 1,706 dead, 256 missing and 12,128 injured, as of 10 a.m. Sunday.A woman collects her belongs in Gyegu Town, the quake-hit Tibetan Autonomous Prefecture of Yushu, in northwest China's Qinghai Province, April 17, 2010. The 7.1-magnitude earthquake that struck Yushu of Qinghai Province, left 1,484 dead and 312 still missing, and about 100,000 people were relocated."The top priority is to rescue those still buried alive and treat those injured. Each life must be cherished," Hu said.By Sunday morning, rescuers in the quake-hit Yushu Prefecture in northwest China's Qinghai Province had saved 17,000 lives after Wednesday's 7.1-magnitude earthquake.More than 15,000 rescuers - including over 11,000 People's Liberation Army troops and armed police, 2,800 firefighters and special police forces, and 1,500 earthquake and mine accident rescue specialists - are still searching for quake survivors in Yushu.Most quake-affected people in Yushu have settled in tents and have been provided with food, clean water and other basic needs, Zou Ming, director of disaster relief department under the Ministry of Civil Affairs said at a press conference held Sunday.Some 25,000 tents, 52,000 quilts, 16,000 cotton-padded coats and 850 tonnes of instant food and drinking water have arrived in the quake zone. Another 18,950 cotton-padded tents are on the way.

STOCKHOLM, March 29 (Xinhua) -- Chinese Vice President Xi Jinping called on Monday for expanding Sino-Swedish cooperation to new areas when he held talks with Swedish Prime Minister Fredrik Reinfeldt.Xi said that relations between China and Sweden have maintained a good momentum of development with frequent exchange of visits at high levels, and close and active cooperation in trade and investment, environment protection, education, science and technology, culture and other fields. Chinese Vice President Xi Jinping (R) meets with Swedish Prime Minister Fredrik Reinfeldt in Stockholm, Sweden, March 29, 2010He said that his current visit to Sweden is meant to jointly celebrate the 60th anniversary of the two countries' establishment of diplomatic relations, with a view of further promoting practical cooperation between China and Sweden.To expand the mutually beneficial cooperation between the two countries, Xi said, both sides should strengthen dialogue at high levels, deepen trade and economic ties and increase people-to- people contact.He said that China welcomes Swedish King Carl XVI Gustaf to attend the celebrations of the 60th anniversary of China and Sweden establishing diplomatic ties when the king visits the Shanghai EXPO, which is slated to open on May 1.The Chinese side is willing to use the existing channels of dialogue to enhance mutual political trust and exchange views with the Swedish side on bilateral relations, international political and economic situations, the climate change, non-traditional security matters and other major world and regional issues, Xi said.Sweden has for long been pursuing the one-China police and has always supported China on issues related with Tibet and Taiwan, he said, China appreciates it and hopes Sweden will continue with it.Sino-Swedish cooperation can expand from the traditional areas of machinery building, car manufacturing, telecommunications, forest industry, household electric appliance and textiles to the new fields of eco-city construction, energy-saving and environment- protecting technology, biology research and banking, Xi said.China will renew the agreement on cultural exchange with Sweden, continue to support Chinese language teaching in Sweden and Confucius Institute improvement projects, encourage young people from both sides to participate more in exchange programs and increase the number of scholarships and government grants to students, the Chinese vice president said.

ZHENGZHOU, May 29 (Xinhua) -- Visiting Indian President Pratibha Patil on Saturday visited an ancient Buddhist temple in central China that is believed to be the starting point for Buddhism's spread from India into China.Patil toured the White Horse Temple in Luoyang City, Henan Province, accompanied by the temple's abbot Shi Yinle, and inaugurated an Indian-style Buddhist hall as a gift to China.A Han Dynasty (206 BC-220 AD) emperor ordered the construction of the temple in honor of two Indian monks and horses that carried Buddhist scriptures and Buddha statues from India to the then capital Luoyang in 67 AD.During Chinese Premier Wen Jiabao's visit to India in 2005, the two countries agreed to build the Indian-style hall in the temple to commemorate the long history of bilateral ties.The 3,450-sq-m hall was funded by the Indian government and constructed by the Chinese side, the first of its kind outside of India.Wang Zhizhen, vice chairwoman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body, also attended the inauguration ceremony.Following the visit, Patil left Henan for the ongoing World Expo in Shanghai, the last leg of her week-long state visit to China.During her visit, the two sides agreed to boost cultural exchange and people-to-people contact.

BEIJING, March 31 -- The appointment of three new academic members to the central bank's monetary policy committee on Monday reflects the increasing inclusiveness of monetary policymaking, but may not have any apparent bearing on the timing of an interest rate hike, analysts said.The People's Bank of China (PBOC) said three Chinese economists - Xia Bin, Li Daokui and Zhou Qiren - will replace Fan Gang, the only academic member of the committee, which advises on major monetary issues."Adding two more academics to the monetary policy committee is a welcome change," said Wang Tao, head of China economic research at UBS Securities. "I hope this helps to increase healthy debate within the committee, and increase the independence of monetary policy.""The appointment of three academic members this time - instead of one - indicates the increasing importance of academic voices in monetary policymaking and the three, with different backgrounds, are expected to complement each other to add to the inclusiveness of the panel," said Sun Lijian, an economist with Fudan University. It would make the country's monetary decision-making more rational, he said.Going by their recent comments on inflation, with Li saying that China could precede the United States in raising the rates and Zhou urging a timely and firm exit from stimulus policies, it is speculated that their appointment may signal chances of an earlier rate hike.Zhou said in a February speech that it was high time that China exited from the stimulus measures. "Given the past experiences, the stimulus through expanding money supply and debt only has a short-term effect," he said in the speech.One of the side effects of the stimulus is rising inflation. "The price of the stimulus policies is mainly the adverse effect of the large-scale release of money on the overall market price situation," he said. "We have seen it on the market."Li said early this month once China's consumer price index (CPI), a major measure of inflation, rises 3 percent, the country is set to increase the rates. China's CPI rose by 2.7 percent year-on-year in February.He also said on Monday that China may suffer from exported inflation from developed economies as their continued relaxed monetary policy would lead to surging raw material prices and large-scale capital flowing into the emerging economies, including China.Meanwhile, China should keep itself alert against possible price rises due to weather changes, such as the recent severe drought in southwestern regions.Xia Bin said on Monday that three factors should be taken into account when deciding on whether to raise the interest rates. It should be considered if real negative deposit interest rates occurred. But if inflationary expectations are not strong, the hike would be inappropriate. Moreover, China should not move ahead of the US since it would bring in speculative capital.China's benchmark one-year deposit rate stands at 2.25 percent.Dong Xian'an, chief macroeconomic analyst of Industrial Securities, said economic fundamentals should be the paramount determinant in interest rate related policymaking and the appointment of a new monetary policymaking panel would not have any substantial bearing on the timing of the possible hike.The month-on-month CPI figure is a crucial factor and as it continues to rise, the hike may come in the second quarter of this year, he said.

BEIJING, April 8 (Xinhua) -- Chinese Vice Premier Li Keqiang met here Thursday with Portuguese Minister of State and Foreign Minister Luis Amado, calling for cooperation on areas like renewable energy between the two countries.China is undergoing transformation of the economic development pattern and adjustment of the economic structure and has huge market for "green economy" while the European countries including Portugal have advanced technology on renewable energy, said Li."The two sides could enhance exchanges and complement each other's advantages to achieve win-win results," said Li. Chinese Vice Premier Li Keqiang (R) meets with Portuguese Minister of State and Foreign Minister Luis Amado in Beijing, China, April 8, 2010.Li said China appreciated the role Portugal has played as a European Union member, hoping the two countries could continue to consolidate political trust and promote common development.Amado, who is paying an official visit to China from April 8 to 10, said Portugal regards China as its important partner in Asia and is willing to work with China to lift bilateral ties to a new level