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BEIJING, Sept. 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank, announced Friday it would continue the country's moderately easy monetary policy while making it better-targeted and more flexible in the coming months of this year.The PBOC made the announcement in its report on China's financial stability, which was released on the PBOC's website.The PBOC said in the next stage it needs to skillfully handle the relationship between maintaining steady and rapid economic development, restructuring the economy and managing inflation expectations.Chinese banks should continue supporting the country's economic restructuring, guard against risks, change profit structures, and improve the capital replenishing and restriction mechanism, the central bank said in the announcement.The announcement noted that local government debt was rising quickly, corporate liquidity was decreasing with a high current debt ratio, and credit card advances were increasing despite mounting financial assets held by residents and the low debt level.It said the global financial crisis had revealed limitations and gaps in the existing regulatory system. To prevent systemic risks, the central bank would combine macro and micro-prudential supervision in its policy package.

BEIJING, Oct. 14 (Xinhua) -- China here Thursday questioned the intentions of foreign governments who supported the 2010 Nobel Peace Prize going to Liu Xiaobo, saying those governments had no right to interfere in China's internal affairs."What is the true intention of those foreign political figures and governments who support the granting of the Nobel Peace Prize to Mr. Liu Xiaobo? Is it because they resent China's development path and hate China's political system?" Chinese Foreign Ministry spokesman Ma Zhaoxu questioned.Ma said at a regular news briefing that whether China had chosen the best way to more forward, both politically and socially, was best judged by the development reality in China, and the 1.3 billion Chinese people had the biggest say."China's affairs should be left to Chinese people themselves," Ma said, adding that the few biased individuals with the Norwegian Nobel Committee had no right to judge China, and western governments had no right to interfere in China's internal affairs."We never interfere in other's internal affairs, and will not allow others to interfere in ours, " said Ma.The Norwegian Nobel Committee awarded the 2010 Nobel Peace Prize to Liu Xiaobo on Oct. 8th in Oslo, Norway. Liu was sentenced to 11 years in jail on Dec. 25, 2009 after a local court in Beijing convicted him of agitation aimed at subverting the government.

BEIJING, Sept. 2 (Xinhua) -- Chinese President Hu Jintao and his Ukrainian counterpart Viktor Yanukovich expressed here Thursday the willingness to lift the friendly and cooperative China-Ukraine relationship to a new level.They also promised to strive to increase two-way trade to 10 billion U.S. dollars by 2012. According to official statistics, trade between China and Ukraine topped 3.3 billion U.S. dollars in the first half of the year, up 31.3 percent year on year.The two presidents attended the signing ceremony of a dozen documents on bilateral cooperation involving such areas as official relations, finance, infrastructure development, aerospace, business, customs and quarantine, railway lines and electricity.Chinese President Hu Jintao (R) shakes hands with Ukrainian President Viktor Yanukovych during a welcoming ceremony held for Yanukovych at the Great Hall of the People in Beijing, capital of China, on Sept. 2, 2010.According to a contract signed Thursday afternoon, Chinese companies will undertake the construction of a 950-million-U.S.-dollar city rail line connecting the airport in Kiev, the capital city of Ukraine.President Hu urged the two sides to earnestly implement the cooperative projects that they have agreed upon and to actively explore new projects.Yanukovich is in Beijing for his first ever visit to China. He is also the first Ukrainian President to visit China since 2002.During the talks, Hu expressed readiness to further deepen and upgrade bilateral ties, as China has always placed importance on its relations with Ukraine, maintaining that the two sides should view bilateral ties from a strategic and long-term perspective.He expressed the readiness to work with the Ukrainian side to strengthen political dialogue and consultation through exchanges and inter-government contact.Hu said China will continue to strengthen cooperation with Ukraine in regional and international organizations to jointly promote global peace, stability and prosperity.Yanukovich said the two sides should work together to tap into the potential of bilateral strategic cooperation.He said the two sides should strengthen political dialogue, boost exchanges of high-level officials and increase exchanges between political parties and legislatures.Yanukovich expressed readiness to expand bilateral cooperation in the areas of trade, economy, investment, finance, science, technology, infrastructure development, agriculture and aerospace.Both Hu and Yanukovich said the consensus they reached during a meeting at the nuclear security summit in Washington in April added fresh impetus to bilateral ties.During his stay in Beijing, Yanukovich will also meet with top Chinese legislator Wu Bangguo and Premier Wen Jiabao.Yanukovich will fly to Shanghai Saturday to attend the 2010 World Expo.

BEIJING, Sept. 27 (Xinhua) -- Russian President Dmitry Medvedev Monday signed a series of political and commercial deals on his second state visit to China, a sign of closer strategic ties between the two world powers.Medvedev held talks with his Chinese counterpart Hu Jintao Monday in Beijing. They celebrated the completion of a long-awaited China-Russia oil pipeline, the largest bilateral project between the two countries.The 999-km pipeline runs from Angarsk in Russia to Daqing in northeast China. It is part of a bilateral loan-for-oil deal that was reached in 2009. Under it, China makes a 25-billion-U.S.-dollar long-term loan to Russia while Russia supplies China with 300 million tonnes of oil through pipelines from 2011 until 2030."The smooth completion of the pipeline project is a model for the two countries' mutually beneficial win-win cooperation and a milestone for China-Russia energy cooperation," said Hu at the completion ceremony.The two countries also signed 15 deals on cooperation covering coal, gas supply, energy efficiency, renewable energy, nuclear power, power grids and banking.Medvedev arrived in northeast China's port city of Dalian Sunday to start his state visit. There, he met with veteran Chinese and Russian soldiers who participated in China's War of Resistance against Japanese Aggression (1937-1945), part of WWII, underscoring the "deep bonds" between the Russian and Chinese peoples.

BEIJING, Aug. 30 (Xinhua) -- Chinese Vice President Xi Jinping said here Monday China hopes to work with Norway to boost bilateral economic and trade cooperation.Xi told visiting Norwegian Minister of Foreign Affairs Jonas Gahr Stoere he hopes the two countries will expand cooperation in areas such as shipping, fisheries, energy, environmental protection and the Arctic.Xi said as long as the two nations respect each other and especially respect each other's core interests and major concerns, China-Norway relations will develop in a healthy way.Stoere expressed appreciation for China's achievements in social and economic progress, saying that the Norwegian government will increase cooperation with China in politics, economics, culture, science and technology, energy and finance.Norway hopes to sign a free trade agreement with China, Stoere added.Chinese foreign minister Yang Jiechi held talks with Stoere earlier Monday.