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BEIJING, March 14 (Xinhua) -- The development road of China will be bumpy and even thorny in the next few years, Premier Wen Jiabao told a press conference Sunday rightly after the conclusion of the national legislature's annual session.He called for unslackened efforts to tackle difficulties, saying "we must have firm confidence.""No matter how high a mountain is, one can always ascend to the top. The only way out and hope when facing difficulties lie in our own efforts," Wen said.Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010He also said he holds deep love for the country and vowed strong commitments in the next three years of his term.

BEIJING, March 6 (Xinhua) -- A 17 percent year-on-year increase in China's broad money supply, and a target of 7.5 trillion yuan (1.1 billion U.S. dollars) for this year, indicated a relatively easy monetary policy, said Su Ning, deputy governor of the People's Bank of China, the country's central bank.Speaking on the sidelines of the ongoing annual session of the top legislature, the National People's Congress (NPC), Su said the 17 percent increase in the nation's broad money supply was larger than the combined increase of targeted GDP and CPI growth, which suggested an "easy" monetary policy."If M2 (the broad measure of money supply) growth is 2 to 3 percentage points higher than the combined growth of GDP and CPI, the monetary policy could be seen as easy," said Su.Chinese Premier Wen Jiabao said Friday, in the government work report submitted to the NPC, that China targeted an approximate 3 percent rise in consumer prices and 8 percent GDP growth this year.Su further believed the 17 percent increase in the broad money supply would be able to support the ongoing economic recovery throughout the country.China's financial institutions lent a record 9.6 trillion yuan in new yuan-denominated loans last year, almost double that of the previous year, to spur the economy amid the global downturn, but it was accompanied by soaring property prices and rising expectations of possible inflation.Su said the 7.5 trillion yuan in new lending this year should speed up completion of projects under construction, rather than support new projects.

BEIJING, Feb. 1 (Xinhua) -- Chinese central and local governments have poured money into the building of a national cultural information and resources sharing network, deemed as the base for the country's public cultural service system, the Ministry of Culture said Monday.The central government has planned to invest 2.476 billion yuan (362.6 million U.S. dollars) in the project during the country's 11th five-year (2006-2010) plan, among which 2.07 billion yuan (303 million U.S. dollars) has been allocated so far, according to the ministry.The total investment from local governments has reached 2.7 billion yuan (395 million U.S. dollars). One national service center has been established, along with 33 provincial-level centers and nearly 3,000 county-level branch centers, according to the ministry.Initiated in 2002, the project was committed to digitizing domestic cultural resources and sharing them nationwide via Internet, satellite transmission and discs.Vice Minister of Culture Zhou Heping said Monday that the project has made new progress as local governments kept innovating in ways of transmission.The project has extended to a population of 50 million people, according to Zhou.The ministry on Monday also launched a promotion scheme of county-level digital libraries, aiming at transmitting resources from the National Digital Library to nationwide county-level libraries via the cultural information and resources sharing network.The plan would be implemented in 320 counties ahead of the two-week-away Spring Festival, while by the end of this year, a total of 2,940 counties across the country would have libraries with digital library services, the ministry said.

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BEIJING, Feb. 25 (Xinhua) -- China's Ministry of Supervision said Thursday it would enhance supervision to key sectors and leading officials this year to ensure clean and efficient work in promoting the country's sound economic and social development.The supervision and examination would target corruption in project construction, real estate development and land management, as well as corruption behind major accidents, the ministry said in a circular outlining major works in 2010.The ministry would investigate officials who meddled in construction projects against relevant regulations to seek personal gains, staff of supervisory organs who were negligent of duty or took bribes, and those who involved in serious commercial bribery cases, the circular said.The ministry vowed "zero tolerance" for these cases, it said.The ministry promised to step up its efforts this year to ensure the implementation of the central government's major arrangements for accelerating the adjustment of economic growth mode and promoting steady and fast economic development.It would also strengthen supervision and examination to make sure local governments will take measures to check the rocketing real estate price in some cities to ensure the sector's healthy development, it said."Lazy and incapable" officials would also be targeted in the supervision to ensure efficiency of government work, according to the circular.China has intensified its fight against corruption recently.In its latest effort, the Communist Party of China (CPC) Central Committee Tuesday listed 52 unacceptable practices in an ethics code for CPC cadres to follow.The code forbids conducts including accepting cash or financial instruments as gifts, and using their influence to benefit their spouses or children with regards to their employment, stock trading or business.

BEIJING, March 7 (Xinhua) -- Drought had affected 61.31 million Mu (4.09 million hectares) of farmland in southwestern China as of March 5, according to the latest figure from the Ministry of Agriculture (MOA).About half of the affected, or 32.95 million Mu (2.20 million hectares), was seriously damaged, according to the MOA.The affected acreage was in Yunnan Province, Guangxi Zhuang Autonomous Region, Guizhou Province, Sichuan Province and Chongqing Municipality.The areas contributed to about 16 percent of the country's annual grain output, and thus were important to the country's overall grain output, according to the MOA.

BEIJING, March 11 (Xinhua) -- China's February consumer price index (CPI), a main gauge of inflation, is still within normal range, although the figure surged higher than expected last month.CPI rose 2.7 percent year on year in February, 1.2 percentage points higher than January, driven by a 6.2 percent rise in food prices, the National Bureau of Statistics (NBS) said Thursday.Yang Ziqiang, head of the People's Bank of China's Jinan bureau, said the hefty rise is because the Lunar New Year holiday fell in February this year, but in January last year.The Lunar New Year holiday, or Spring Festival, is the most important traditional festival in China for family reunion. People usually spend a lot on food, alcohol, cigarettes and gifts during the period.Yang, also a deputy to the National People's Congress (NPC), China's top legislature, made the sidelines of the ongoing NPC session.China targets a rise of consumer price of around three percent this year, says a government work report delivered by Premier Wen Jiabao at the parliament's annual session on March 5.Yang said severe inflation is unlikely to emerge this year, as market supply still outweighs demand, and government regulation on the real estate industry will help stabilize prices.But he cautioned against the consistent commodity price increases, as the international crude oil prices rebounded to above 80 U.S. dollars a barrel.Li Daokui, a financial professor with the Tsinghua University, said CPI rise exceeds the current one-year deposit interest rate, or 2.25 percent, which will enhance the expectation of interest rate rise.China's CPI ended nine months of decline in November last year, when it rose 0.6 percent, as the economy picked up thanks to the government's stimulus package.However, the unprecedented bank loans last year together with runaway housing prices pushed up fears for inflation and asset bubbles, posing a policy dilemma for the government to balance between sufficient economic growth and containing potential overheating.

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BEIJING, March 2 (Xinhua) -- Chinese Vice President Xi Jinping on Monday urged Party cadres to regard the well-being of the people always as a top priority in order to best achieve the governing purpose of the Party.Xi, also member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, and president of the Party School of the CPC Central Committee, made the remarks at the school's opening ceremony for spring semester.Xi said the Party officials should remember that serving the peole is a basic requirement for the CPC which seeks to apply fundamental Marxist theories to China's socialist cause and modernization drive.Xi called on Party officials to apply Marxist theories to analyzing and solving matters that arise during China's modernization drive in their study of the theoretical system of the socialism with Chinese characteristics.About 1,800 people, including Party officials attending the school's spring sememster and lecturers of the school, attended Monday's ceremony.

BEIJING, March 20 (Xinhua) -- The threat of inflation to China's economy is less worrisome compared with asset bubble, economists said Saturday at the China Development Forum 2010.China's economy is facing a new round of growth in the coming two years, but the risks of inflation and asset bubble remain, said Fan Gang, secretary general of the China Reform Foundation.Compared with inflation, tackling asset bubble is of greater importance because asset bubble, as one of the causes for this round of global financial crisis, is more dangerous, Fan said. He expected the country's economy to grow 8 to 9 percent this year in a "normal growth."Growth in China's property prices is accelerating and approaching an alarming level, said Nomura Holdings Inc. chairman Junichi Ujiie.Despite government measures to curb property prices, China's property market grew at its fastest pace in 20 months in February, with housing prices in 70 major cities rising 10.7 percent from a year ago.

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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 16 (Xinhua) -- China and Britain Tuesday inaugurated their first higher-level strategic dialogue during British Foreign Secretary David Miliband's visit to China.Chinese State Councilor Dai Bingguo and Miliband co-chaired the dialogue, which was held at vice foreign minister level in the past."Elevating the strategic dialogue mechanism is a meaningful event," Dai said at the start of the talks, noting that the mechanism was an important channel for the two nations to make in-depth communication.Dai hoped the two sides would make use of the mechanism to have candid discussion on strategic issues in bilateral and international relations. Chinese State Councilor Dai Bingguo (2nd, R) meets with British Foreign Secretary David Miliband (2nd, L) in Beijing, capital of China, March 16, 2010. Dai Bingguo and Miliband held the strategic dialogue here on Tuesday"This will help us to increase mutual trust and respect, and to promote the stable and healthy growth of China-Britain ties," Dai said.Miliband said the dialogue between the two nations "had always been strategic," and he was vary glad to see the elevation of the dialogue mechanism.Miliband agreed with Dai that major countries should respect each other and enhance cooperation to shoulder common responsibilities.Expressing appreciation for China's achievements in economic growth, Miliband said Britain welcomed China's contributions to the world economy.Miliband hoped the two nations would increase cooperation in tackling climate change and in economic and security sectors.Britain would work with China, on the basis of mutual respect, to push forward the bilateral strategic and cooperative partnership, he said.Miliband is visiting China from March 14 to 17 as a guest of his Chinese counterpart, Yang Jiechi.During talks between the two foreign ministers earlier Tuesday, Yang said China-British relations were developing well, and lifting the level of the bilateral strategic dialogue would further promote bilateral relations."We are willing to work with Britain to further promote our comprehensive strategic partnership," Yang said.He hoped the two nations would enhance communication and strengthen mutual understanding and mutual trust.Yang also suggested the two nations address the financial crisis as an opportunity to actively explore cooperation in financial services, clean energy, renewable energy, energy saving and environmental protection, and to further expand investment and trade links.Yang said the two countries should respect each other's core concerns, including those related to sovereignty and territorial integrity.China and Britain should work together, in line with the principles of mutual respect and equality, to correctly view and properly handle differences, Yang said.