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BEIJING, Sept. 10 (Xinhua) -- Property prices in 70 major cities rose 9.3 percent in August year on year but were unchanged on a month-on-month basis from July, China's National Bureau of Statistics (NBS) said Friday.The year-on-year growth rate was one percentage point lower than the year-on-year growth rate in July, a statement on the NBS website said Friday.The year-on-year growth rate was the slowest in the past eight months this year.On a year-on-year basis, China's home prices rose 7.8 percent in December 2009, 9.8 percent in January 2010, 10.7 percent in February, 11.7 percent in March, 12.8 in April, 12.4 percent in May, 11.4 percent in June and 10.3 percent in JulyNew home prices rose 11.7 percent year on year in August, down 1.2 percentage points from July. New home prices in August were unchanged from July, too.Prices of second-hand homes rose 6.2 percent year on year in August, down 0.5 percentage points from July. Prices of second-hand homes in August increased on a month-on-month basis, up 0.1 percent from July.The Chinese government took measures in April to cool soaring home prices, including curbing lending to developers, limiting loans for third-home purchases and requiring higher down-payments for second-home purchases.

LANZHOU/BEICHUAN, Sept. 1 (Xinhua) -- After living through major tragedies, such as the Wenchuan Earthquake that claimed over 68,000 lives and the Zhouqu mudslides that left 1,400 dead, the new semester starting Wednesday may bring a much-needed sense of normality to the affected students.Senior high schoolers of the mudslides-hit Zhouqu County, northwest China's Gansu Province, began a new semester on a usual date, Sept. 1, which is the first day of school in many parts of China, but at a place 400 km south of Zhouqu, the provincial capital of Lanzhou.After the county was hit by massive mudslides on Aug. 8, two primary schools were damaged and high schools are now being used by these pupils. So high schoolers, altogether more than 3,000, were transferred to four schools in Lanzhou and Dingxi City."The new dormitory has everything -- bed sheets, tooth brushes, slippers, toilet paper, you name it", said Wang Wentian, whose house was destroyed. Fortunately, her family was not at home when the mudslides struck.Another student, Guo Xiangban, lost several loved ones in the mudslides. "I still feel sad when I am alone. But the past is the past and I have to move on with my life," said Guo.On the same day, students of the newly-built Beichuan High School, where over 1,000 students were killed after two school buildings collapsed during the Wenchuan earthquake on May 12, 2008, also started their new semester."I have never been in a school so beautiful. There is even a bathroom in our dorm," said Qiao Qi, a senior high student at Beichuan.The new school, covering an area of 15 hectares, can accommodate 5,200 students. Before the school was built, students, like nomads, had studied during the past two years in tents, then makeshift classrooms.Sitting in a wheelchair, Guo Dongmei looked at the bustling sports field where her schoolmates could not wait to try out the new sports equipment, such as the parallel bars.

BEIJING, Oct. 18 (Xinhua) -- There will be unrelenting efforts to crack down on activities such as illegal financing and pyramid selling by insurance agents, the China Insurance Regulatory Commission (CIRC) said Monday.The CIRC issued the statement on its website after two cases came to the attention of the insurance regulatory bureaus in Liaoning and Zhejiang provinces.In Liaoning, He Feng, head of the Chende Insurance Agent Company, was detained for collecting capital at high interest rates. In Zhejiang, the license of the Hangzhou Minfeng Insurance Agent Company Limited was canceled for luring policyholders by exaggerating prospective earnings.The CIRC reminded the public not to be misled by similar claims and encouraged them to report illegal activities to reduce their losses.

BEIJING, Sept. 10 (Xinhua) -- Chinese equities closed higher on Friday with the key Shanghai stock index up 0.26 percent, boosted by robust performance of the medical sector.A superbug which is spreading globally spurred investors to switch to drugmakers. And reports of deaths from hard tick bites in central China's Henan Province added to the investment tendency.The medical sector rose by 4 percent as a whole on Friday, with several medical shares, including Lukang Pharma, Neptunus, Chase Sun and Meheco, increased by the daily upper limit of 10 percent.The property sector was unsettled over concerns of further property market tightening measures as China's National Bureau of Statistics (NBS) said property prices in 70 major cities rose 9.3 percent in August.China Vanke Co., the country's largest listed developer, fell 1.45 percent than the previous close to stand at 8.16 yuan (1.2 U.S. dollars) on Friday.The benchmark Shanghai Composite Index climbed 6.86 points, or 0.26 percent to closed at 2,663.21. The Shenzhen Component Index rose 65.64 points, or 0.57 percent, to end at 11,530.99.Combined turnover stood at 257.19 billion yuan (38.03 billion U.S. dollars) from 297.99 billion yuan on the previous trading day.Gainers outnumbered losers by 506 to 344 in Shanghai and by 634 to 390 in Shenzhen.

BEIJING, Sept. 9 (Xinhua) -- Chinese President Hu Jintao on Thursday, the eve of Teachers' Day, called on teachers to embrace reform and innovation in teaching and enhance teaching standards.Hu made the call during a visit to the Renmin University of China in Beijing and its affiliated high school.During his visit to the school campuses, Hu held cordial talks with students, watched performances staged by students taking arts classes, and conveyed festival greetings to the teaching faculties.At the high school, Hu urged school authorities to respect students' individuality, tap their potentials, and help students improve their overall competence.At a lecture hall of the university, he called on university professors to be more productive in their scientific research so as to provide more reference for the government in decision-making.Hu also urged the university administration and teaching faculty to promote glorious university traditions, embrace reform and innovation, and improve its education quality.After the tour to the university, Hu met national model teachers and teachers who made outstanding contributions during the country's earthquake-relief work.He called on the country's teachers to learn from the model teachers, cultivate noble virtues, improve their professional standards and make greater contributions to the scientific development of the country's educational cause.