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BEIJING, Nov. 12 (Xinhua) -- Vice Premier Li Keqiang has stressed that China will pay increasing attention to the improvement of its citizens' welfare as its economy becomes stronger.As China' s national strength improves and its economy grows, the country would pay increasing attention to safeguarding and improving people's standards of living, Li said in a speech delivered on Wednesday at the 2010 annual general meeting of the China Council for International Cooperation on Environment and Development.China would accelerate the speed of transforming its economic development pattern and pursue a low-cost and sustainable development path featuring low carbon emissions and seeking improved economic returns, according to the full text of Li's speech, which was released on Friday.Further, China will boost green development, embrace low-carbon development ideals and continue its efforts to save natural resources and protect the environment.He said China would promote development of emerging industries of strategic importance, hi-tech industries and modern service industries, conduct technological innovations on traditional industries and continue efforts in eliminating backward production capacities to maintain a sustainable development.Moreover, China will build more infrastructure in sewage treatment, build clean energy facilities, and concentrate on solving serious environmental problems that affect people's lives, Li said.Lastly, to address global climate change challenges, Li called on the international community to join hands under the principle of "common but differentiated responsibilities" and on the basis of the U.N. Framework Convention on Climate Change and the Kyoto Protocol.
BEIJING, Nov. 10 (Xinhua) -- China's central bank moved a step further to tighten liquidity amid increasing inflation pressures as it ordered Chinese banks to set aside more reserves on Wednesday.The People' s Bank of China, or the central bank, announced it would raise the deposit reserve requirement ratio (RRR) for Chinese financial institutions that accept deposits by 50 basis points from Nov. 16, which was estimated to freeze more than 300 billion yuan (45.1 billion U.S. dollars).The order came on the eve of Thursday's release of China' s October consumer price index (CPI), which is projected, by some economists, to reach 4 percent.The RRR for the four big state-owned banks - the Industrial and Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China - will stand at 18 percent once the rise takes effect.Further, Wednesday's move will raise the deposit reserve ratio for other large financial institutions to 17.5 percent and that for small-and medium-sized financial institutions to 15.5 percent.The adjustment is the fourth RRR increase the central bank has ordered for Chinese banks this year, and the first time it has done so since it hiked interest rates by 0.25 percentage points last month.Chinese experts believe combined concerns, ranging from the looming hot money inflows caused by the United State quantitative easing to the growing inflation risks and soaring assets bubbles, have caused the central bank to raise the RRR to rein in liquidity."The central bank announced interest rates hikes and the RRR rise within one month, as the U.S. 600 billion-US-dollar quantitative easing is likely to send more speculative capital flowing to the emerging markets, and domestic commodities prices continue to increase, " senior economist with the Asian Development Bank, Zhuang Jian said, adding that the RRR increase will trim the banks' credit capital, which will help curb market speculation inflows and stabilize commodities prices.China's central bank, on Oct. 20, announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points, the first interest rates hike in three years, as the nation's CPI hit a 23-month high to 3.6 percent in September.October's CPI is due to be announced on Thursday, while economists anticipate the October year-on-year inflation is likely to rise to 4.1 percent.Further, prices of China' s edible farm produce have witnessed consecutive increases since mid-October, as prices of 18 types of vegetables in 36 large and medium-sized cities rose by 4.9 percent during the week that ended Nov. 7, according to data released Wednesday by the Ministry of Commerce.Zhang Ping, head of the National Development and Reform Commission, said Tuesday that the nation's CPI is expected to exceed the government' s annual target of 3 percent.Also, the nation's real estate prices continued the upward trend in October, though at a slower pace, with property prices in 70 major Chinese cities increasing by 8.6 percent year on year in October, down from the 9.1-percent increase in September, the National Bureau of Statistics showed Wednesday.Li Huaiding, analyst with the Guoxin Securities Co., said Wednesday's rise would contribute to scaling back liquidity, but pressures still exist in the upcoming months, and the central bank may again increase interest rates before the end of the year.Additionally, the central bank said in a report issued on Nov.2 that it would gradually normalize the monetary policy from its counter-crisis mode and tighten control over liquidity to maintain moderate credit growth in the coming months this year.

BEIJING, Jan. 8 (Xinhua) -- The Chinese laid-off cleaner never dreamed of being visited by President Hu Jintao, nor did she think the visit would be followed by a public humiliation of her. "Now half the population of China think of me as a liar," complained 47-year-old Guo Chunping, with tears in her eyes. Guo became famous overnight after President Hu visited her in her low-rent apartment on the Fifth East Ring Road in Beijing just before New Year. In footage aired by China Central Television (CCTV) on December 30, 2010, she was asked how much rent she paid. "Seventy-seven yuan (about 11.6 U.S. dollars)," she replied in front of the camera. Netizens soon posted 172 photos of a woman, appearing like Guo, posing with luggage at a long-distance bus station or sitting in a luxurious restaurant. Guo was described as a "civil servant" by Chaoyang District police, who was too rich to be qualified to have a low-rent house. Also, with China's skyrocketing house prices and with rent in Beijing generally above 1,000 yuan, paying 77 yuan in rent sounded unbelievable to many. To prove Guo right or to refute her, media workers flooded her 50-square-meter apartment. "The telephone rang endlessly, and some journalists even climbed onto the building opposite my apartment with cameras," Guo said. What troubled her most happened after a reporter asked her to pose with her unemployment certificate for a photo to prove her "innocence." The next day, the photo was everywhere online, with her detailed information. "I am not a murderer," she protested angrily, "why should I pose like that and let the entire of China know that I was laid off and divorced?" According to people close to her, Guo has become hysteric lately. Xinhua reporters had difficulty persuading her to meet with them, and she would only do so on the condition that the interview be conducted far away from her apartment. Liu Tao, vice director with the Housing Administration Bureau of the Chaoyang District, has done a calculation. The monthly rent of low-rent houses in the district was 33.6 yuan per square meter. The figure was multiplied by the size of her apartment to get the rent, 1,545 yuan. According to local policies, the government pays 95 percent of the rent. Therefore, Guo herself should turn in only 5 percent, 77 yuan in total. "In the Lijingyuan Community 487 low-income households signed leases for low-rent houses," Liu said. Despite the clarification of local officials and Guo herself, doubt still lingers. Sun Yingchun, a professor with the School of Foreign Studies of the Communication University of China, believed that people's doubt over Guo' s identity and truth of the news showed their lack of understanding to the low-rent house policy. "The TV report didn't make it clear to the people," he said.The report, without specifying calculation to the rent, just told audiences of the result, 77 yuan, which was too low to be true. Besides, Sun noted that the incident gave people an outlet to vent their anger about high housing prices. Despite a series of policies to cool down the housing market, the average price of housing sold by 30 major real estate companies in China stood at 10,286.42 yuan per square meter last year, up 23.98 percent year on year. Housing was just one of many problems concerning people's livelihood which Sun believed that "for a long time the government didn't address properly." As a result, "people would distrust what the mainstream media reported," he said. These reports, like the "77-yuan tenant" story, seemed to many as too rosy to be true, he added. However, Sun said the doubt showed democratic progress. "The voice of the netizens was not interfered with by the government, and people were free to find the truth by themselves," he said. The government also endeavored to improve people's livelihood. To make houses affordable for the people, about 3.7 million affordable houses were built nationwide in 2010 and 2011, and 10 million more apartments will be built for the low-income group this year. Beijing has now 240,000 households living in low-rent houses. The government has pledged to make low-income housing projects take up 60 percent of the housing supply in five year. Before moving to her apartment in Lijingyuan Community, Guo said she could only afford to rent houses from farmers of some six to eight square meters in size. "This is the only place I feel like I want to live," she said. "People are eager to have houses, but the government has to do its job step by step," Liu Tao said. "Helping the most impoverished is our priority." Enditem
CAIRO, Nov.9 (Xinhua) -- Diplomats from Arabic countries and China hailed on Tuesday the relations in various fields between China and Arabic countries, expecting further all-round development of bilateral ties."China has always regarded Arab countries as developing nations. And to strengthen the solidarity and cooperation with developing countries is one of the basic principles in China's foreign policy, " said Song Aiguo, Chinese new ambassador to Egypt.The friendship and cooperation relations between China and Arabic countries have been at fairly good levels, he said at a China-Arab relations seminar organized by the Cairo-based Afro- Asian Peoples Solidarity Organization (AAPSO), a mass nongovernmental body with national committees in more than 90 countries of the world -- in Asia and Africa, and associate member committees in Europe and Latin America.The Chinese government will stick to further developing its cooperation and friendship with Arab countries, he added.China and Arab countries have relations dating back about 2,000 years ago. China has diplomatic ties with all 22 members of the Arab League.The two sides have always been maintaining mutual respect, understanding and support, Song said, adding China always greatly supports the just causes of Arabic countries and their people.Song said China supported the efforts made by Arabic countries to solve the Middle East issues in a peaceful and fair way, the Arab Peace Initiative and the just cause of Palestinian people.Ahmed Hamroush, president of the AAPSO, said Egypt was the first country in the Arabic world and Africa to establish diplomatic ties with China. China-Arabic relations have experienced continuous development, he added, urging to further boost the ties.Nouri Abdul Razzak, secretary general of the AAPSO, said that China seeks a harmonious world. China-Arab relations have "win-win results", he added.Omar Hamdi, secretary general of Libya's Solidarity and Peace Committee, said he believed the China-Arab relations were promising, given the good historical bases.Hamdi said he hoped that the two sides would further cooperation in the fields of politics, culture and economy.Delegates from Morocco and Yemen also acclaimed the China-Arab ties and China's independent foreign policy of peace.In 2009, two-way trade between China and the Arab states hit 107.4 billion U.S. dollars, compared with 36.4 billion U.S. dollars in 2004. according to China's official figures.At the Fourth Ministerial Meeting of the China-Arab Cooperation Forum held in China's Tianjin on May 13 and 14 this year, China and Arab states agreed to upgrade their relationship to a strategic level and carry out an action plan for deepened cooperation in the next two years.
KUNMING, Nov. 21 (Xinhua) -- Ten people were detained following a dispute between coal mine contractors which led to a deliberate explosion, killing nine people and injuring 48 others in southwestern Yunnan Province, local police said Sunday.The explosion occurred at around 9 a.m. Thursday at a temporary shed built by the Xiaosongdi coal mine in Luxi county of Honghe Hani and Yi Autonomous Prefecture, according to local officials.Most of the casualties, however, were said to be with Yuejin coal mine, which is at dispute with Xiaosongdi coal mine.Local police concluded based on preliminary investigations the explosion was created by people.According to local authorities, the contractors for Xiaosongdi mine and Yuejin coal mine, which are close to each other, reportedly had a dispute after the underground shaft of one mine broke through into the other.Further, a spokesman with the provincial land and resources bureau said Sunday that the bureau had been investigating the dispute between the two mines and had been helping with the negotiations prior to the explosion.Pan Mingzhou, manager of the Yuejin coal mine, said, "the two mines had no dispute at all before October, and the negotiations were going well under the supervision of the provincial land and resources bureau.""I have no idea of why the explosion happened," Pan noted.The detainees included Wang Jianfu, contractor of the Xiaosongdi coal mine, and Zheng Chunyun, owner of the Yuejin coal mine, said the local police.Both of the mines have an annual production capacity of 90,000 tonnes.
来源:资阳报