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BEIJING, Feb. 23 (Xinhua) -- Access to finance for China's small enterprises generally improved in 2009, but still was not good enough, said the country's top banking regulator on Tuesday.Outstanding loans to small Chinese enterprises added to 5.8 trillion yuan (849 billion U.S. dollars) as of the end of 2009, China Banking Regulatory Commission (CBRC) said in a statement posted on its website.The figure accounted for 22 percent of total corporate loans by the end of last year, 1 percentage point higher than a year ago, said the CBRC.The CBRC data showed that the growth rate of new loans to small enterprises in 2009 was 5.5 percentage points higher than that of the total corporate lendings and 0.61 percentage higher than all lendings.China has set a target of keeping the growth rate of new small business loans higher than that of all loans in 2010, and the amount of new loans should be bigger than the previous year, said the CBRC."Small enterprises" in China refers to those with assets worth less than 10 million yuan or annual sales less than 30 million yuan, according to a CBRC document.Last December, China promised to help improve the financing mechanisms to help small and medium enterprises (SMEs), as they were worst hit by the financial crisis and have had difficulty securing loans as commercial lenders preferred state-owned enterprises and large key projects, as the risk was not as great.SMEs refers to enterprises whose annual business revenue is below 300 million yuan. But in retail and accommodation industry, the maximum annual business revenue is 150 million yuan for an SME.
HELSINKI, Feb. 13 (Xinhua) -- It was the afternoon of Feb. 12 local time in the Confucius Institute classroom at the downtown University of Helsinki. Lanterns and colorful streamers were hanging high, creating a joyful festival atmosphere.The Spring Festival, once celebrated only in China, in recent times has been gaining greater attention worldwide.And in that small classroom, aspirations of learning more about the traditional Chinese festival drew dozens of excited and attentive students from Finland and other countries.The gathering started with vice director Professor Li Yuanzheng's introduction to the origin and customs of the Chinese Lunar New Year. Then, a short video clip on the festival was played.However, the audience's participation wasn't limited just to listening and watching. To celebrate the "Year of the Tiger," they staged a string of performances to share their happiness.The performances were quite Chinese and included small dramas, Chinese folk songs, poems from the Tang and Song dynasties, and Taichi.Apparently, their love of the traditional Chinese culture simmered into the music and poetry. Additionally, the students also brilliantly displayed their achievements in learning the Chinese language.Perhaps the most symbolic icon of the Spring festival is the dumpling, which would certainly feed the hunger of the students at the Confucius Institute for both food and knowledge.Juhani Riisio, a student at the University of Helsinki, called the dumplings "quite good to taste."The students knew that dumplings are always served during the Chinese Lunar New Year holidays, but making the food was a new challenge for them.The first time doing anything is never easy. However, it could be read from the students' actions and faces that they were doing their best.It seemed that they were making the dumplings as carefully and confidently as they were at learning Chinese.Hard work and eagerness to learn usually pays off. The students were soon able to made decent looking dumplings, though the taste was still waiting to be examined.As the experimental dumplings were cooked and served, delicious smells seemed to stuff the room. Anyone who wanted to know the results of the students' efforts could see nothing but gladness and comfort from the smiles of both teachers and students.The making of a dumpling may take only a couple of hours to learn but a culture could take a lifetime to appreciate. Small and symbolic as the little dumplings are, they help to shorten the distance between the western world and China, facilitating communications amongst different peoples. By learning from each other, it is certain that our tomorrows would be defined by mutual understandings instead of mistrust.

BEIJING, March 5 (Xinhua) - Chinese Premier Wen Jiabao warned Friday the nation still faces "a very complex situation" in the wake of the "most difficult year for economic development" since the new millennium.Delivering his work report to the National People's Congress (NPC), the parliament, Wen set the economic growth target for 2010 at "about 8 percent."China's economy expanded 8.7 percent in 2009, staging a faster-than-expected recovery after being hit by the worst global financial crisis in decades thanks to a raft of stimulus measures.ECONOMYPutting the economy "on a sound footing," the government needs to guide all sectors to focus on transforming economic growth pattern and restructuring economy, Wen said in the report.He acknowledged that 2010 is a "crucial year" for continuing to combat the global financial crisis, maintaining "steady and rapid" economic development, and accelerating the transformation of growth pattern.It is also an important year for achieving all the targets of the 11th Five-Year Plan (2006-2010) and laying a solid foundation for the 12th Five-Year Plan (2011-2015), he said."Although this year's development environment may be better than last year's, we still face a very complex situation," Wen told nearly 3,000 NPC deputies at the Great Hall of the People in downtown Beijing.Other key economic and social targets included creating more than 9 million jobs in cities, keeping urban registered unemployment rate under 4.6 percent and keeping the rise in consumer prices at about 3 percent.Wen said while the foundation for economic turnaround becomes stronger, he cautioned it should not be interpreted as "fundamental improvement."Listing key government tasks, Wen said it will continue to implement a proactive fiscal policy and continue to implement the stimulus package which was unveiled in late 2008 that included a 4-trillion yuan (585.5 billion U.S. dollars) two-year investment.Lawmaker Li Dongsheng from Guangdong Province, chairman of China's largest color TV producer TCL Corporation, said the proactive fiscal policy is in line with the company's current business development and it demands more "implementing techniques."Li said more flexibility is needed in carrying out the economic policy as China still faces "extremely complicated economic picture," including unclear export prospect.
BEIJING, March 4 (Xinhua) -- Overseas media have widely reported China's measures to maintain social and economic development, after the annual session of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) opened Wednesday.The session outlined plans to keep the steady and fast development of economy, narrow the gap between city and country, and adjust income distribution pattern.The AP said that CPPCC National Committee Chairman Jia Qinglin said in a work report "2010 is a crucial year for China to respond to the impact of the global financial crisis and maintain steady and rapid economic development."The annual session of China's legislature, the National People's Congress (NPC), which opens Friday, was expected to "give a full airing to hot-button issues such as soaring real estate prices in many Chinese cities," it said.The Chinese government, which released a budget and work plan for the year, was expected to boost spending on education, pensions and medical care, continuing a push begun in the past decade to strengthen a tattered social safety net, it said.The annual plenary sessions of the NPC and the CPPCC National Committee are known as China's "two sessions."The AFP said China opened its annual parliamentary season Wednesday with a call from the Chinese leadership to keep up economic growth, maintain social stability and tackle a yawning urban-rural income gap.The two gatherings were the Chinese leadership's chance to showcase its efforts to tackle the key challenges facing the country, and economic concerns looked set to top that list, it said.Online, The Wall Street Journal Asia Edition said in an article the NPC's annual session would kick off Friday and this year's theme "naturally" was the economy.In a talk with China's netizens last week, Premier Wen Jiabao said "while it is the government's responsibility to expand the 'pie' of national wealth, it is the government's conscience to distribute it in an adequate manner," the article said.The Yonhap news agency said the Chinese government was speeding up its economic transformation after the global financial crisis because it realised it could not overcome future crises with its current economic structure dominated by cheap exports. China should keep a balanced development of service sectors and agriculture, and nurture the domestic market, it said. Economic transformation would be one of the hot topics of this year's NPC, it said.Yonhap said, although the Chinese economy was gradually recovering, China faced some serious problems, such as the widening urban-rural gap.China recently focused on migrant workers, eyeing the new generation of migrant workers born in the 1990s, and would discuss the making of the medium- and long-term layout for migrant workers.The Wall Street Journal said, while the 2009 NPC was obsessed with attaining an 8 percent growth rate, the priority for this year's session was to ensure a more equitable distribution of national income.A commentary on the website of Singapore's Lianhe Zaobao said that, from the perspective of China's economic development, it was in accordance with the needs of expanding China's consumption and transforming its economic growth mode for the country to gradually annul the dualistic structure between city and countryside, promote urbanization, scrap social welfare policies that discriminated against farmers, and ensure farmers' equal rights with urban dwellers.One of the major reasons for the long-term inequality between city and countryside was China didn't have a big enough "pie" to ensure the fair distribution of interests, it said.Canada's leading public policy magazine Policy Options said in a commentary that the Chinese leadership was paying more and more attention to the demands of the poor in remote regions.From the list of the central government's financial expenditures, it could be found that the government would heavily invest on infrastructure development and maintenance, medical reforms, poverty reduction and education, it said.
BEIJING, March 1 (Xinhua) -- China's central government has allocated 28.6 billion yuan (4.2 billion U.S. dollars) to support farmers, the Ministry of Finance said in a statement Monday.The bulk of the funding -- 18.6 billion yuan -- would be used to subsidize farmers in growing improved varieties of crops such as rice, corn, and cotton.The other 10 billion yuan would subsidize purchases of farm machinery such as sowers and reapers, said the statement issued to Xinhua.The funding aimed to improve motivation in agricultural production, and stabilize the country's grain production, according to the statement.Farmers across the country would be eligible for the subsidies.The funding was on top of 86.7 billion yuan of subsidy funding to grain-growing farmers nationwide in February.The financial support for agriculture came as severe drought continued in the nation's west and south.The National Meteorological Center (NMC) issued a drought alert on Sunday warning the severe drought would continue over the next three days.The State Flood Control and Drought Relief Headquarters said Saturday the drought, which started at the beginning of February, had affected 69.6 million mu (4.64 million hectares) of arable land and left 12.7 million people and 8.4 million heads of livestock short of drinking water.
来源:资阳报