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BEIJING, March. 11 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 2.7 percent year on year in February 2010, the National Bureau of Statistics announced Thursday.Food prices went up 6.2 percent last month year on year, with non-food prices rising 1 percent from a year earlier.The figure was 1.2 percentage points higher compared with January.China's CPI ended nine months of decline in last November, up 0.6 percent.

BEIJING, Jan. 24 (Xinhua) -- A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical supplies, said the Ministry of Commerce (MOC).The MOC said earlier in the day that China had decided to provide medical supplies worth 18 million yuan (2.64 million U.S. dollars) in additional aid to quake-ravaged Haiti.The 20-tonne medical supplies included medicines, hygiene equipment, medical devices and camping equipment, said the ministry in a statement.Also onboard the plane would be four Chinese peace-keeping police officers, replacing the four who were killed in the earthquake. China maintains a 125-member peacekeeping force in Haiti.  Members of Chinese medical care and epidemic prevention team wave before they board a plane to Haiti, in Beijing, capital of China, on Jan. 24, 2010. A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical suppliesThe chartered flight was expected to arrive at Haiti's capital Port-au-Prince at 3 p.m. Monday local time.The MOC statement also said the 40 medical personnel came from China's military medical system and 70 percent of them had participated in previous UN peacekeeping missions.Many of them had been involved in the massive rescue mission after the deadly 8.0-magnitude Wenchuan earthquake on May 12, 2008, which left about 87,000 people dead or missing, it said.At the departure ceremony, Qian Lihua, director of the Ministry of Defense's foreign affairs office, said China was carrying out its responsibility as a UN Security Council member to help the Haitian people with concrete actions. Medical supplies are loaded to a chartered plane bound to Haiti, in Beijing, capital of China, on Jan. 24, 2010. A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical supplies.Qian said he expected the Chinese medical team to accomplish the mission in a professional manner by helping the Haitian people ward off threat of post-quake epidemic and reconstruct their homeland.According to the MOC, with the 18 million yuan of additional aid, China has so far provided humanitarian aid worth 48 million yuan in materials and other supplies to Haiti, in addition to 3.6 million U.S. dollars in cash to the Caribbean country.Apart from Sunday's delivery of medical aid, China had already provided several other major aids to Haiti, which was hit by a 7.3-magnitude earthquake on Jan. 12 local time.On Jan. 13, the Red Cross Society of China announced 1 million U.S. dollars in emergency aid to Haiti.On Jan. 15, the Chinese government announced its decision to provide 30 million yuan worth of humanitarian emergency supplies to Haiti.On Jan. 21, China's deputy permanent representative to the UN Liu Zhenmin said China would contribute additional 2.6 million U.S. dollars in cash to Haiti. Members of Chinese medical care and epidemic prevention team display their flag before they board a plane to Haiti, in Beijing, capital of China, on Jan. 24, 2010. A 40-member Chinese medical care and epidemic prevention team left here for Haiti on Sunday afternoon on a chartered flight, which also carried 20 tonnes of medical supplies.

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 BEIJING, March 22 -- Followings are regions set to be new driving force for China's economy.Xinjiang Uygur autonomous regionXinjiang literally means "New Frontier", and it is promising to be a new economic frontier in China's northwestern areas. Xinjiang Uygur autonomous region has abundant oil reserves and it is the largest natural gas-producing region in China. An economic development plan for Xinjiang is expected to come out soon. It will emphasize use of Xinjiang's advantageous resources, including petrochemicals, coal, non-ferrous metals and agriculture. The investment is likely to rise steadily over the next three years, driven by increased financial support from central government and neighboring provinces, and large-scale investment for key projects from State-owned companies. The rising tourism industry will also be a contributor to Xinjiang's economic growth.Tibet autonomous regionThe Tibet autonomous region is becoming another hotspot in China's regional economic development. The plateau region was traditionally dependent on farming and herding. Recently Tibet laid out a plan to explore its mineral resources, while pledging to stick to rational exploitation and minimizing the damage to the natural environment. The government announced plans to achieve "leapfrog development" in Tibet in January, including building the region into a "strategic reserve of natural resources" with the aim of reducing poverty among the Tibetan people. Tibet has more than 3,000 proven mineral reserves and it has China's biggest proven chromium and copper deposits. According to the plan, mineral resources will contribute at least 30 percent to the regional GDP over the next 10 years. Tourism will continue to play a significant role in supporting the economy.

BEIJING, March. 4 (Xinhua) -- Anti-corruption authorities of the Chinese government and the Communist Party of China (CPC) have been ordered to make sweeping investigations of all major state-funded construction projects begun since 2008.The order was issued at a conference on Thursday on cleaning up the construction sector in 2010.The investigations would cover the bidding and tendering processes, land use rights, construction quality and transparency of the entire process, said He Yong, deputy secretary of the CPC's Central Commission for Discipline Inspection, the CPC's anti-graft body, at the meeting.He, also head of the national team to stop corruption in construction projects, said 2010 would be a crucial year in stepping up the fight against corruption and misconduct in the construction sector.He warned anti-corruption authorities to take the investigations seriously."Those who are merely going through the motions will be held accountable," He said, according to a statement issued after the conference.The fight against corruption and misconduct in the construction sector would contribute to steady and relatively fast economic growth, he said.Since the initiation of a nationwide two-year campaign against the corruption and misconduct in construction sector in July last year, the country's discipline inspection authorities had investigated 5,803 cases linked to the construction sector, and had penalized 3,374 people, said the statement.

BEIJING, Feb. 5 (Xinhua) -- Top Chinese legislator Wu Bangguo on Friday met respectively with Chilean Senate President Jovino Novoa and Russia's Presidential Representative to the Far Eastern Federal District Viktor Ishayev.In a meeting with Novoa, Wu reviewed the four-decade bilateral ties since China and Chile established diplomatic ties in December 1970.As the first South American nation to forge diplomatic relations with China, Chile was also the first Latin American country to recognize China's market status and sign free trade agreement."China would like to work with Chile to maintain high-level contacts, expand trade cooperation and enrich people exchanges so as to advance our all-round partnership," Wu said. Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress (NPC), meets with visiting president of the Senate of Chile Jovino Novoa Vazquez in Beijing, capital of China, Feb. 5, 2010.Wu, chairman of the Standing Committee of the National People's Congress(NPC), China's top legislature, pinned high hopes on bilateral legislative ties, calling for enhanced exchanges and cooperation by making use of the effective political dialogue mechanism.Novoa, who was leading a parliamentary delegation for a week-long visit in China, said Chile would never change its course of developing good relations with China no matter what happened in Chile's political landscape.Novoa said the National Congress of Chile would like to work with NPC to boost bilateral relations. Wu Bangguo (R), chairman of the Standing Committee of China's National People's Congress (NPC), meets with visiting Russia's presidential representative to the Far Eastern Federal District Victor Ivanovich Ishaev in Beijing, capital of China, Feb. 5, 2010.In another meeting with Ishayev, Wu underlined the importance of China-Russia relation and called for deeper political trust and stronger strategic coordination.Wu said cooperation between different areas of the two countries accounted for an important position in China-Russia relationship and enjoyed a solid foundation for cooperation.Wu called on both countries to take effective measures to implement the cooperation programs the two sides had agreed and promote cross-border infrastructure and transportation cooperation.Ishayev, who became Russia's Presidential Representative to the Far Eastern Federal District last year, said the Russian government paid much attention to the Far East area, which offered new opportunities for collaboration with China.He proposed enhancing cooperation in the fields of infrastructure, energy exploration and forestry processing, among others, to push for comprehensive exchanges and cooperation between neighboring regions of the two countries and realization of win-win situation.Ishayev, who arrived in Beijing Friday, will meet with heads of departments of energy, transportation and commerce during his stay till next Wednesday.

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BEIJING, March. 4 (Xinhua) -- Anti-corruption authorities of the Chinese government and the Communist Party of China (CPC) have been ordered to make sweeping investigations of all major state-funded construction projects begun since 2008.The order was issued at a conference on Thursday on cleaning up the construction sector in 2010.The investigations would cover the bidding and tendering processes, land use rights, construction quality and transparency of the entire process, said He Yong, deputy secretary of the CPC's Central Commission for Discipline Inspection, the CPC's anti-graft body, at the meeting.He, also head of the national team to stop corruption in construction projects, said 2010 would be a crucial year in stepping up the fight against corruption and misconduct in the construction sector.He warned anti-corruption authorities to take the investigations seriously."Those who are merely going through the motions will be held accountable," He said, according to a statement issued after the conference.The fight against corruption and misconduct in the construction sector would contribute to steady and relatively fast economic growth, he said.Since the initiation of a nationwide two-year campaign against the corruption and misconduct in construction sector in July last year, the country's discipline inspection authorities had investigated 5,803 cases linked to the construction sector, and had penalized 3,374 people, said the statement.

BEIJING, Jan. 24 (Xinhua) -- One of China's two leading State-owned shipbuilders, China Shipbuilding Industry Corporation (CSIC), said Sunday that its profit in 2009 jumped 18.5 percent to 7.39 billion yuan (1.1 billion U.S. dollars).The Beijing-based conglomerate, which consists nearly 50 industrial subsidiaries and about 30 R&D institutes in northern China, also said its operating income rose 17 percent in 2009 to 120.9 billion yuan.General manager Li Changyin said the CSIC had overcome the impact of the global financial crisis, which crippled the global sea-based trade and brought down ship orders.Li said technological innovations had enabled the CSIC to build 180,000-dwt bulkers, 320,000-dwt oil tankers, 13,000-TEU containers as well as new types of drilling platform which can be used in water depths up to 400 feet (120 meters).According to Li, CSIC had also been actively engaged in non-ship businesses including manufacturing of wind power and nuclear power equipment, accounting for 40 percent of the CSIC's business volume.Li said the CSIC profit target for 2010 was 8 billion yuan. The operating income was expected to surpass 140 billion yuan and the CSIC output in 2010 was likely to break 10 million dwt (deadweight tonnage), he added.The CSIC, which has more than 140,000 manpower, launched an initial public share offer at the Shanghai Stock Exchange in December 2009 and raised some 6.4 billion yuan.The CSIC's main shipbuilding and industrial enterprises are based in cities of Dalian, Qingdao, Tianjin, Shanhaiguan and Wuchang.The other major shipbuilding conglomerate in China -- the China State Shipbuilding Corporation (CSSC) is based in Shanghai, whose turf is mainly in eastern and southern China.

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HAIKOU, Jan. 22 (Xinhua) -- Government plans to make China's southern island province of Hainan an international tourist resort have cut the supply of housing as owners and developers hold out for huge profits.More than 200 property buyers had arrived everyday since the end of last year when the government unveiled plans to turn the tropical island into a top international destination by 2020, said Li Zhuo, a salesman with Rongyu Project in Haikou, the provincial capital.Prices were rising by about 1,000 yuan (164 U.S. dollars) per square meter each day on some properties and properties that had been selling for 15,000 yuan a square meter at the beginning of the year were now asking20,000 yuan, he said.The Shanhuwan real estate project in Haikou had sold 600 of its 643 apartments in two weeks despite prices jumping almost 50 percent, said salesgirl Min Xia.In the popular tourist destination of Sanya, the average price of Shanyuhu project had soared from 13,000 yuan a square meter in November, to 28,000 yuan as of Thursday, and was almost sold out.The tourism promotion blueprint, which was officially announced on Jan. 4 and is expected to be approved by the National Development and Reform Commission, drew real estate developers and investors from home and abroad, driving up the property market to fever and causing property bubble fears."Many home developers and owners suspended sales, expecting higher prices and profits," said Liu Haiyi, assistant general manager of Hainan Jintai Real Estate Development Co., Ltd.In an effort to clamp down on potential speculation, the provincial government on Jan. 15 suspended the leasing of land and approval of projects, which worsened speculation concerns.The suspension was aimed at cooling the overheated sector, but it may have led to a second wave of price hikes, said a property agent surnamed Wu."Sufficient housing and land resources could be provided to fulfill demands of the market and the tourism promotional campaign," Wei Liucheng, secretary of Hainan Provincial Committee of the Communist Party of China, said Tuesday."We will blacklist real estate developers who seriously disturb the property market order and not approve any new land for them," he said.Official statistics show 58,489 commercial homes, totaling almost 6 million square meters, were on the market in Hainan's major cities as of Monday.In the first half of 2009, Hainan had approved development of 3,164.7 hectares of land, including 1,522.65 hectares already under construction, according to the provincial administration of land, environment and resources.Wei said homes for local residents were a priority. The authorities should conduct comprehensive supervision campaigns and work out plans for land approval for residential purposes. Strict penalties should be meted out to those who violated land use and transfer regulations.Hainan is one of the five special economic zones. Agriculture and tourism are its pillar industries.

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.