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GENEVA, July 20 (Xinhua) -- China on Monday formally requested the World Trade Organization (WTO) to set up an expert panel to investigate and rule whether a U.S. ban on Chinese poultry imports violates WTO regulations.     The request was made at a meeting of the WTO's Dispute Settlement Body, but it was rejected by the United States according to relevant procedures.     During the meeting, the Chinese delegation reiterated that the U.S. measure is "discriminatory" and "has damaged the lawful rights and interests of China's poultry industry."     "While violating various WTO rules, the measure has severely undermined the stable development of Sino-U.S. trade in poultry products," the Chinese delegation said.     At the heart of the dispute is the U.S. Omnibus Appropriations Act of 2009, which contains a section prohibiting any funds being used to facilitate imports of poultry products from China. The act was signed into U.S. law in March, and China filed complaints to the WTO in on April 17.     While Monday's request for the WTO panel was rejected by the United States, China could make a second request at the end of this month. After the second request, the WTO panel will be established automatically.     It usually takes more than half a year for a WTO panel to give its final ruling on a trade dispute.     China and the United States banned imports of each other's poultry products in 2004 following outbreaks of bird flu. They agreed to lift the bans at the Sino-U.S. Joint Commission on Commerce and Trade in 2004.     China did lift the ban but has complained that the United States was not following suit.     China imported 580,000 tons of chicken products from the United States last year, accounting for about 75 percent of total chicken imports. 

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BEIJING, Aug. 13 (Xinhua) -- Chinese food and drug regulators are required to report food accidents to their superiors and local health authorities within six hours, according to a government draft regulation Thursday.     The draft, issued by the State Food and Drug Administration (SFDA), demands that once accidents occur involving 30 or more people, food and drug regulators at or above the county level should report them to their superiors and local health authorities within six hours.     With regard to food safety accidents that occur on campuses, during important nationwide festivities, involve 100 people or more, or kill one or more people, food and drug regulators should not only abide by the "six hour regulation," but also report them to the SFDA "in a timely manner," according to the draft.     Catering service runners, should they find food accidents, are asked to immediately stop using all suspicious food and cooking facilities and protect the site. They are also required to report to medical authorities and food regulators at or above the county level within two hours.     The draft regulation also stipulates that heads at schools, companies or government organs will be held accountable if food accidents occur twice in one year in their cafeterias.     The SFDA also asked food and drug regulators at all levels to formulate emergency plans to deal with food accidents based on local conditions.

BEIJING, Aug. 8 (Xinhua) -- East China is bracing for typhoon Morakot's approach after it slammed into Taiwan Friday night.     Weather forecasters said late Saturday Morakot was likely to land on the coast from Cangnan, Zhejiang province, to Xiapu, neighboring Fujian province, between 8 a.m. and 10 a.m. Sunday. Although the typhoon this year is expected to weaken to a tropical storm before it arrives in the Chinese mainland, it was packing winds of 137 kilometers an hour at 7 a.m. Saturday and churning northwestwards at a speed of 15 to 20 kilometers an hour. The urban area of Linbian Township in Pingtung County of southeast China's Taiwan, is flooded Aug. 8, 2009, because of heavy rainfall brought by typhoon "Morakot".     It has already unleashed torrential rain in Fujian where, at five sites, water levels have been recorded at 0.02 to 0.66 meters above warning levels. A man calls for people to evacuate to avoid typhoon in Cangnan County, east China's Zhejiang Province, Aug. 8, 2009. The province has evacuated around 317,000 people to avoid the approaching Typhoon Morakot so far. The earlier tropical storm Goni has also wreaked havoc in South China Sea, leaving as many as 156 fishermen and crew members from Cambodia, Vietnam and China missing at once.     Chinese maritime authorities had rescued 146 by 6 p.m. and the remaining 10 from China were still missing.     PREPARATION IN FUJIAN     More than 480,000 people in Fujian have been evacuated and its Zherong County received more than 300 mm of precipitation on Saturday afternoon.     In Luoyuan county of Fuzhou city, Fujian's capital, people stayed at home during the weekend and roads were almost empty. Fewer sellers appeared in the county's vegetable market. Fishing boats moor at a port to avoid the approaching Typhoon Morakot in Jinjiang, southeast China's Fujian Province, Aug. 8, 2009."The fields were flooded," said Li Sailian, a vegetable seller.     "Strong winds broke the ropes tying down the horsebeans, and the crown daisies (chrysanthemum greens) were destroyed," she said.     Li brought all her available stock to the market, fearing the storm would destroy it completely.     In downtown Fuzhou, where several big trees have already been toppled by gale-force winds, people were rushing to supermarkets for necessities before the typhoon arrived.     All flights from Saturday noon onwards at the airport in Fuzhou were cancelled, leaving more than 120 passengers stranded. Airport staff were helping with refunds.     Seventeen of the 312 flights to and from the airport in coastal Xiamen city were cancelled, most of which were heading to Anhui, Guangdong and Taiwan.     In Putian City, also in Fujian, all scenic sites and ports have been closed and school classes suspended. A team of 26,222 people has been formed and equipped with flood-control materials, said Huang Dongzhou, director of the city's flood control office.     All of the city's 7,168 fishing ships have returned to harbor, Huang said.     The province's Ningde city is strengthening its defences to bear the brunt of Morakot, local meteorological authorities said.     People there are also reinforcing reservoirs with bricks and stones. Water in the city's 20 major reservoirs is only at 54 percent of their combined capacity, so officials with the flood control office said they think the rainfall will help with drought relief, as long as proper measures are taken to ensure safety.     Residents are also busy reinforcing their own houses.     Chen Kongsheng, a 61-year-old man, has attached four large rocks to the girders of his house, so that the typhoon "won't tear off his roof".     About 118,000 people in the city have been evacuated, said Chen Rongkai, Communist Party chief of the city.     Ningde has readied 103 rescue boats, 15 rafts and 8,300 life jackets to help people affected by the typhoon.     EFFORTS AND TROUBLES ELSEWHERE     In adjacent Zhejiang Province, rainfall exceeded 50 millimetres on 6.8 percent of the province's land on Friday night. The highest reading was 110 millimetres in Cangnan county bordering Fujian.     An expressway from Wenzhou of Zhejiang to Fujian was closed for 12 kilometers, while another from Hangzhou to Anhui Province was cut by landslides. Waves from approaching Typhoon Morakot hit a dike in Cangnan County, east China's Zhejiang Province, Aug. 8, 2009. Power supply to 80 villages was also cut. Nearly 500,000 residents and tourists in danger areas had been evacuated by 9 p.m. and the province has called nearly 30,000 ships back to harbor.     More than 50,000 soldiers were prepared for emergencies in Zhejiang, said the local government.     Shanghai was put on high alert and the World Expo venue is being protected around the clock. An 80-year-old man is evacuated in Cangnan County, east China's Zhejiang Province, Aug. 8, 2009. The province has evacuated around 317,000 people to avoid the approaching Typhoon Morakot so farMore than 80 foreign ships were delayed or had their voyages cancelled.     "We are unlikely to resume if the typhoon moves northwestwards," said the captain of a Japanese cargo ship, which was scheduled to sail for Japan Saturday at noon.     In addition, more than 140 flights in Shanghai had been delayed by about 10 p.m..     Anhui issued its first typhoon warning this year, and advised residents to stay indoors.     East China's Shandong province has also warned local governments to take measures beforehand to reduce losses from extreme weather.     Morakot, which means "emerald" in Thai, is the eighth storm to hit China this year. It landed in Hualien of Taiwan at 11:45 p.m. Friday, and left at least six people dead or missing. A further 12 were injured. Morakot also overturned cars and cut power supplies.     WAVE ALERT LEVEL RAISED     On Saturday afternoon, the National Marine Environmental Forecasting Center upgraded its alert level for both stormy tide and sea wave from "orange" to "red", the highest level.     The center said as a result of Typhoon Morakot, the stormy tide along the coast of Zhejiang Province and northern part of Fujian Province would be 0.5 meters to 1.8 meters high until Sunday afternoon.     The sea in southern part of the East China Sea and Taiwan Strait will be very rough, with monster waves as high as eight meters, the center warned.     Other coastal areas from Shanghai to Guangdong Province will all experience abnormally high waves, from 2.5 meters to six meters high, it said.     China adopts a four-grade warning system for stormy tide, tsunami, sea ice and sea wave, which uses four colors (red, orange, yellow and blue) to indicate different levels of emergency.

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BEIJING, Sept. 25 (Xinhua) -- China held a grand reception hereon Friday to celebrate the 60th anniversary of diplomatic ties with Russia as well as the founding of the China-Russia Friendship Association.     Addressing the occasion, China's top political advisor Jia Qinglin described China-Russia relations as in the best period of history, citing frequent high-level exchanges, unprecedented political trust and substantial cooperation in various areas.     "The China-Russia relationship has become one of the most energetic and influential bilateral ties around the world, which not only brought benefit to the two peoples but also contributed to world peace and development," said Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, addresses a reception to celebrate the 60th anniversary of the establishment of the diplomatic ties between China and Russia and of the founding of the China-Russia Friendship Association, in Beijing, capital of China, Sept. 25, 2009Chinese President Hu Jintao had fruitful talks with his Russian counterpart Dmitry Medvedev on Sept. 23 in New York, and both reached broad consensus on important topics including bilateral cooperation and other issues of common concern, he said.     Jia called on the two countries to promote the bilateral strategic partnership of cooperation from a strategic height and overall perspective, stick to the principles of the Sino-Russian Good-Neighborly Treaty of Friendship and Cooperation, keep high-level contacts and exchanges among various levels, respect each other's core interests and enhance cooperation among local governments.     Russian ambassador to China Sergei Razov echoed that currently Russia-China relations are in their best period in history. Hailing the epoch-making significance of setting up bilateral diplomatic ties, he said Russia-China relations were based on common interests and enhanced trust and support.     "The increasing coordination between the two countries had made a great contribution to the formation of a new world situation," he added.     Some 280 delegates from both countries attended the reception including President Chen Haosu of the Chinese People's Association for Friendship with Foreign Countries, and President Mikhail Titarenko of the Moscow-based Russia-China Friendship Association.

BEIJING, Sept. 6 (Xinhua) -- When the class began, Math teacher Xu Junjun announced that Premier Wen Jiabao was with them, the students turned round simultaneously and craned their necks and found Grandpa Wen, who greeted the marveling faces with a gentle smile.     During the morning class that started 8:10, Wen was seen taking notes carefully. After the lesson, he sat with several students sharing his notes with them.     He spent a total of four hours and five minutes till the music class ended with Class 5 of the 8th graders at Beijing No. 35 Middle School on Friday.     "It's a memorable experience and I felt as if I had traveled back to my childhood," he said, "I love you all." Chinese Premier Wen Jiabao (C) talks with students at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good jobWen has been visiting teachers and students on every Teacher's Day since 2003 when he took up the post. The 25th Teacher's Day will fall on Thursday.     "Sitting in on the class all the morning is my way of paying tribute to you teachers," he explained his visit later in a meeting with the faculty in the afternoon.     The meeting was attended by representatives of teachers from Beijing. The premier commented on the morning lessons one by one and offer his suggestions to the teachers.     Wen said that education is a lofty and honorable cause because the fate of the nation depends on it.     "The nation's rise and fall rely on education, as only first-rate education can generate first-rate talents who in turn can build a first-rate nation," Wen said. Chinese Premier Wen Jiabao (C) plays games with a student at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good job.China currently has about 16 million people working in educational institutions, including 12 million teachers in middle and primary schools.     Chinese teachers have made great contribution to the country's education and modernization through their hard work to cultivate generations of talented people over the years, Wen said.     "Anyone, no matter how successful they are, owes their growth to their teachers' enlightenment and instruction, and thus should be a student forever before their teachers, " he said.     He also urged the teachers to be creative in improving their teaching skills, teaching contents and evaluation methods.     "Teachers are not sculptors, but what you are crafting is the most valuable work of art," Wen said.     He called on the educators to teach with love, be dedicated to learning and set exemplary roles for students.     "I felt quite warmed at heart after I watched the premier spend the whole morning attending lessons and use almost an hour to comment on each one," said Zheng Xinrong, a professor with Beijing Normal University, China's top institute for teachers.   Chinese Premier Wen Jiabao (R3 2nd Line Back) attends a music class at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good job.

FRANKFURT, Oct. 13 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday called for enhancing cultural exchanges to boost world peace at the opening ceremony of the Frankfurt Book Fair.     Xi, together with German Chancellor Angela Merkel, witnessed the opening of the 61st version of the Frankfurt Book Fair, the world's biggest annual book fair. China has been selected as the Guest of Honor for this year's fair. Chinese Vice President Xi Jinping speaks at the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. German Chancellor Angela Merkel attends the opening ceremony of the Frankfurt Book Fair.While addressing the opening ceremony, Xi said the fair not only provides a vital chance for China to appreciate the elite cultural products worldwide, but also opens a window for the people from various nations to observe Chinese culture at a shorter distance.     Xi said the Chinese side will take the opportunity of serving as the Guest of Honor to introduce Chinese culture as well as its prosperous development in the publishing industry.     The Chinese side will also learn from the successful experience of other countries in publishing to increase mutual communication and cooperation in this particular field, Xi said. Chinese Vice President Xi Jinping (L) talks with German Chancellor Angela Merkel when they attend the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book FairFrom Oct. 14 to Oct. 18, the Chinese side and the host will stage over 600 Guest of Honor events, aimed at showcasing Chinese culture and boosting dialogue between Chinese scholars and their foreign counterparts.     Xi said China upholds the idea of building a harmonious world with sustained peace and common prosperity.     Thanks to the exchanges among various cultures, people from different countries could get to know Johann Wolfgang von Goethe (1749-1832) from Germany, William Shakespeare (1564-1616) from Britain and Confucius (551 BC-479 BC) from China, Xi noted. Chinese Vice President Xi Jinping (C) attends China's presentation after the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair.Frankfurt is the hometown of Goethe, the famous German writer and poet.     Cultural exchanges require understanding and respect, as well as overcoming discrimination and misunderstanding in this regard, Xi said.     Cultural diversity, which is a part of human society, should be maintained to build a more colorful world instead of becoming obstacles for cultural exchanges and reasons for conflicts, Xi said. Chinese Vice President Xi Jinping (C) and German Chancellor Angela Merkel (2nd R) pose for photos while attending the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. Different cultures should learn from each other rather than reject each other, he added.     Xi also warmly welcomed worldwide guests to visit the Theme Pavilion set up by the Chinese side for the book fair.     Following the opening ceremony, Xi visited the Theme Pavilion and officially unveiled the hall for public tour.     Arriving in Germany on Saturday morning, Xi held talks with Merkel and met with German President Horst Koehler in Berlin on Monday.     On Wednesday morning, Xi will leave Germany for Bulgaria to continue the third leg of his five-nation Europe tour.

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BEIJING, Sept. 6 (Xinhua) -- When the class began, Math teacher Xu Junjun announced that Premier Wen Jiabao was with them, the students turned round simultaneously and craned their necks and found Grandpa Wen, who greeted the marveling faces with a gentle smile.     During the morning class that started 8:10, Wen was seen taking notes carefully. After the lesson, he sat with several students sharing his notes with them.     He spent a total of four hours and five minutes till the music class ended with Class 5 of the 8th graders at Beijing No. 35 Middle School on Friday.     "It's a memorable experience and I felt as if I had traveled back to my childhood," he said, "I love you all." Chinese Premier Wen Jiabao (C) talks with students at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good jobWen has been visiting teachers and students on every Teacher's Day since 2003 when he took up the post. The 25th Teacher's Day will fall on Thursday.     "Sitting in on the class all the morning is my way of paying tribute to you teachers," he explained his visit later in a meeting with the faculty in the afternoon.     The meeting was attended by representatives of teachers from Beijing. The premier commented on the morning lessons one by one and offer his suggestions to the teachers.     Wen said that education is a lofty and honorable cause because the fate of the nation depends on it.     "The nation's rise and fall rely on education, as only first-rate education can generate first-rate talents who in turn can build a first-rate nation," Wen said. Chinese Premier Wen Jiabao (C) plays games with a student at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good job.China currently has about 16 million people working in educational institutions, including 12 million teachers in middle and primary schools.     Chinese teachers have made great contribution to the country's education and modernization through their hard work to cultivate generations of talented people over the years, Wen said.     "Anyone, no matter how successful they are, owes their growth to their teachers' enlightenment and instruction, and thus should be a student forever before their teachers, " he said.     He also urged the teachers to be creative in improving their teaching skills, teaching contents and evaluation methods.     "Teachers are not sculptors, but what you are crafting is the most valuable work of art," Wen said.     He called on the educators to teach with love, be dedicated to learning and set exemplary roles for students.     "I felt quite warmed at heart after I watched the premier spend the whole morning attending lessons and use almost an hour to comment on each one," said Zheng Xinrong, a professor with Beijing Normal University, China's top institute for teachers.   Chinese Premier Wen Jiabao (R3 2nd Line Back) attends a music class at Beijing No. 35 Middle School in Beijing, capital of China, Sept. 4, 2009. Ahead of China's 25th Teacher's Day, which falls on Sept. 10, Chinese Premier Wen Jiabao has called on teachers across the country to enhance their teaching standards and do a good job.

HAIKOU, Aug. 10 (Xinhua) -- The bodies of two people were retrieved in south China's island province of Hainan on Monday, bringing the death toll from the tropical storm Goni to five, local officials said.     The fourth was a fisherman who was killed when the fishing boat "Qiongdanzhou 00301" was wrecked at the Yangpu Port, while the fifth one, a fisherwoman, died after "Qiongdanzhou 52153" sank near Danzhou City, officials said.     Another two fishermen on "Qiongdanzhou 00301" and "Qiongdanzhou 00878", as well as four crew members on a Cambodian vessel are still missing, said an official with the Hainan marine search and rescue center.     The difficulty of rescue has increased as the provincial meteorologic center warned of continuous thunderstorms in northwestern Hainan in the following 24 hours, he said.     More than 1.6 million people in Hainan Province were affected by Goni, which forced local authorities to relocate 92,000, officials said.     It toppled more than 575 houses and damaged 2,311, as well as inundated 68,000 hectares of cropland, he said.     Goni landed in Hainan Wednesday and left China at 5 p.m. Sunday.

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BEIJING, Sept. 21 (Xinhua) -- The Standing Committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, held a meeting Monday to study and discuss the essence of the just-concluded Fourth Plenary Session of the 17th Central Committee of the Communist Party of China (CPC).     Jia Qinglin, chairman of the CPPCC National Committee, presided over the meeting, at which Vice President Xi Jinping delivered a report on the topic. They are both members of the Standing Committee of the CPC Central Committee Political Bureau.     In his opening speech, Jia highlighted the importance of the CPC Central Committee's session under the current situation as China is exerting efforts to cope with the impact of the international financial crisis in an effective way, maintaining a stable and relatively fast economic growth, striving for new victories in building an overall prosperous society, and opening up a new situation for the socialist cause with Chinese characteristics. Jia Qinglin (Front, L), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, and Chinese Vice President Xi Jinping (Front, R) attend the 7th Meeting of the Standing Committee of 11th CPPCC National Committee in Beijing, capital of China, on Sept. 21, 2009    He also spoke highly of a speech delivered at Sunday's ceremony to mark the 60th founding anniversary of the CPPCC by Hu Jintao, the state president and general secretary of the CPC Central Committee, who had praised the CPPCC for its important contribution and role in China's socialist revolution, construction and reform.     While informing the senior advisors of the essence of the CPC Central Committee's session, Xi also told them how the Party has prepared for holding the session and drafting "The Decision of the CPC Central Committee on Major Issues on Strengthening and Improving Party Building Under the New Circumstances."     The drafting of the document had been done by seeking opinions from people of all circles including members of the CPPCC, said Xi, noting that the CPC has been quite experienced as a ruling party for the past 60 years.     Xi urged Party committees of all levels to well organize the study of the essence of the session and make substantial efforts to accomplish the work of Party building.

BEIJING, Aug. 11 (Xinhua) -- China's key July economic data adds to the optimism that the world's third largest economy is back on the track to recovery amid the global downturn, though challenges still persist. The July decline compared     MORE POSITIVE CHANGES     Both investment and consumption, two major engines that drive up China's growth, increased, according to statistics the National Bureau of Statistics (NBS) released Tuesday.     Urban fixed-asset investment rose 32.9 percent year on year in the first seven months. Retail sales, the main measure of consumer spending, rose 15.2 percent in July, following a 15 percent growth in June. Graphics shows China's consumer price index from January of 2008 to January of 2009. The CPI was down 1.8 percent in July compared with the same month a year earlier, according to National Bureau of Statistics of China on Aug. 11, 2009Further signs of rebound in private spending supported a sustained growth recovery, Peng Wensheng, analyst at the Barclays Capital, said in an e-mailed statement to Xinhua.     Although exports, another bedrock that fueled China's fast growth in the past few years, fell on a year-on-year basis last month, there were signs of improvement.     China's foreign trade figures were better than they looked on the surface. July exports fell 23 percent from a year earlier, but increased 10.4 percent from June. Imports declined 14.9 percent year on year last month, but rose 8.7 percent month on month.     According to the General Administration of Customs, the country's foreign trade has risen since March measured from month to month, and the trend of recovery had stabilized.     Improvements in these data indicated China's economy was recovering and the government's policies to boost domestic demand and stabilize foreign trade had paid off, said Zhang Yansheng, a researcher with the National Development and Reform Commission (NDRC), the country's economic planner.     Among other statistics released Tuesday, industrial output climbed 10.8 percent in July from a year earlier, quickening from 10.7 percent in June and 8.9 percent in May. Power generation, an important indicator measuring industrial activities, expanded 4.8 percent in July.     Peng expected the country's economic growth to rise above 8 percent in the third quarter this year and 10 percent in the fourth quarter.        POLICY STANCE UNCHANGED     Despite these positive changes in China's economy, uncertainties still existed in world economic development and some domestic companies and industries faced difficulties, said Song Li, deputy chief of the Academy of Macroeconomic Research under the NDRC.     As a result, the macro-economic policy orientation should remain unchanged, Song said.     China's economy grew only 7.1 percent in the first half this year. This compared with double-digit annual growth during the 2003-2007 period and also the first two quarters last year.     The government set an annual target of 8 percent for this year's economic growth, which was said essential for expanding employment.     China unveiled a four-trillion-yuan (584.8 billion U.S. dollars) stimulus package and adopted proactive fiscal policy and moderately loose monetary policy to expand domestic demand, hoping increases in investment and consumption would make up for losses from ailing exports.     To stimulate economy, lenders pumped 7.73 trillion yuan of new loans into the economy in the first seven months, the People's Bank of China, the central bank, said Tuesday.     The surge in credit, however, sparked concerns over possible inflation and speculation about a shift in the country's monetary policy.     Economists dispelled such concerns, saying consumer prices were still falling and the growth in new bank loans eased in July.     The consumer price index (CPI), a main gauge of inflation, dipped 1.8 percent in July from a year earlier. The producer price index (PPI), which measures inflation at the wholesale level, fell 8.2 percent year on year last month.     New lending in July cooled to 355.9 billion yuan, less than a quarter of the June total of more than 1.5 trillion yuan.     Premier Wen Jiabao reaffirmed during the weekend that China would unwaveringly adhere to its proactive fiscal and moderate monetary policies in face of economic difficulties and challenges, like ailing exports and industrial overcapacity.     Wen's stance echoed Zhu Zhixin, vice minister in charge of the NDRC, who underscored on Friday that there would be no change in China's macro-economic policy as the overseas market was still severe.     He warned that any change in the macro-economic policy would disturb the recovery or rebound momentum, or even perish the previous efforts and achievements.     "Efforts to keep a stable and fast economic development is the top priority of the country in the second half," he said.

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