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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.

BEIJING, Feb. 22 -- China's stock markets are likely to be fully open to foreign investors within 15 years, according to a leading investment expert.Direct foreign dealing in Chinese stocks is currently restricted through the government's Qualified Foreign Institutional Investor (QFII) scheme.The current annual quota for overseas funds is just billion, a small fraction of the total investment in China's main exchanges in Shanghai and Shenzhen.Stuart Leckie, chairman of Stirling Finance, a leading Hong Kong-based pensions investment adviser, said all restrictions could be off by 2025."All financial institutions will then be able to invest in the stock markets on the Chinese mainland, just as they do in Hong Kong, Japan or any other market," he said."It is 30 years since China's opening up and it will take half as long again for this to happen."He said the Chinese mainland would gradually lift barriers in the same way Taiwan and India have done in recent years.Leckie, author of the book, 'Pensions in China', and who was speaking at the Trade Tech 2010 Investment Conference, was bullish about the outlook for the Chinese market.He said the Shanghai Composite Index could double within the next three years and that it was a matter of if, not when, it returned to its all-time high of 6,124 in October 2007."I am sure the index will double over the next five years but there is a chance it will double in the next three years," he said.Other speakers at the conference were also optimistic about the outlook for investors in Chinese stocks. Michael Wang, head of dealing at the China International Fund Management said the Chinese market was full of opportunities."It is a golden opportunity to invest in China. Blue chip companies are still very cheap," he said. "In the medium term there might be some correction but we won't go back to 2006 levels (when the market was just over the 1,000 level)."Kent Rossiter, head of trading, Asia Pacific, for fund manager RCM, based in Hong Kong and which is part of the Allianz Group, was also confident. "I am really bullish about opportunities. I am worried about volatility, however," he said.Rossiter said some of the volatility was down to the inexperience and lack of competence of some professional investors in the Chinese market."The market needs to develop," he said. "Professional investors need to improve their performances. They have too much of the same mentality as the man on the street in that they just like to buy and sell without taking any view."Leckie added that the Chinese market was not about to repeat the experience of the Nikkei Dow in Japan."China is not about to become another Japan with the level of the index standing at a quarter of what it was 20 years ago."He was not concerned about the poor start to the Chinese markets in 2010 with the major index losing 8 per cent of its value in January and falling through the 3,000 barrier. It increased by 80 per cent in 2009. "Obviously China has got off to a weak start. It was the second worst performing market internationally in January after being the best performing in 2009. It is just living up to its reputation as a volatile index."He said he expected the market, however, to rise by up to 15 per cent in 2010 to a value somewhere between 3,600 and 3,800 from its January 1 level of 3,277. "I think this January decline is overdone."

URUMUQI, March 12 (Xinhua) -- A severe sandstorm hit Xinjiang's Hotan Prefecture in northwest China on Friday, reducing visibility to zero in some areas, local meteorological observatory said.The fierce sandstorm swept through the prefecture from west to east in the morning, said a spokesman with Hotan's meteorological observatory.The sandstorm, though reducing in severity, would continue to plague the area till March 16, leading to a temperature drop of 5 to 8 degrees Celsius, he added.The sandstorm had affected local traffic and agriculture, according to a statement from the Hotan government.

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BEIJING, Feb. 23 (Xinhua) -- "Livelihood issues" are Chinese people's top concerns as shown in on-line polls ahead of the annual parliamentary and political advisory sessions.Chinese netizens have voiced their complaints on-line and hope their voices could be heard by top leaders, national lawmakers and political advisors, who will soon gather in Beijing for the two sessions.Pension, housing and health care are among the top concerns, according to polls conducted by people.com.cn of Party's flagship newspaper People's Daily, xinhuanet.com of Xinhua News Agency and cctv.com of the state-run TV network."Pension" has earned 25,508 votes at people.com.cn, followed by anti-corruption, housing price, the income gap, employment and health care, among others. "Pension" also ranked among the top five concerns at cctv.com.Netizens called for the scraping of the long-time "dual pension scheme," in which civil servants and other public employees were entitled to pensions several times the amount of citizens employed by non-public entities."The current pension scheme widens the wealth gap," a person posted at xinhuanet.com.The amount of pension given to ordinary citizens was determined by one's monthly payment dedicated to their social security account before they retired, and is fixed to the average social income.Retirees of non-public entities get much less than their salary before retirement. But the amount of pension government employees get is almost the same as they got before retirement, sometimes two or three times higher than a factory worker.The government raised the pension for ordinary citizens by 10 percent, or 120 yuan monthly per person, starting from Jan. 1, 2010. This is the sixth time the pension has been raised since 2005. But the amount still cannot match that of civil servants'.HOUSING PRICE"Housing" is the top concern in the survey hosted by xinhuanet.com and has attracted a huge amount of comments on-line.Traditionally in China, an apartment of one's own is a must-have for marriage, although the government has tried to encourage young people to rent rooms before they buy one.As housing price in large Chinese cities have kept soaring over the past years, the government has been working on plans to increase public rental housing and build more government subsidized affordable houses.But a report from the Standing Committee of the National People's Congress, the top legislature, said construction of low-income houses was behind target, with only about 23 percent of investment realized by the end of last August.According to the Beijing Municipal Statistics Bureau, the city's average annual income in 2008 was 44,715 yuan, while urban apartments were selling for an average 15,581 yuan per square meter.An apartment of 80 square meters costs almost 1.25 million yuan, which would require a family of two wage-earners to repay with half their salaries for 30 years.The past year saw a 24 percent increase in housing prices nationwide, according to a report from the real estate association of the All-China Federation of Industry and Commerce earlier this month."Hi, Premier Wen, we hope you can help us. Houses are for the rich but not for ordinary people like us. Even in my hometown, a small city as Shandong's Zibo, houses are too expensive for us. We hope the central government can address this problem," a post said at xinhuanet.com.

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.

BEIJING, Jan. 19 -- The government is considering evacuating all Chinese nationals from the Haiti disaster zone, Foreign Ministry officials said Monday.If local conditions become too difficult and no country can offer shelter to the Chinese living in Haiti, the government is prepared to evacuate all nationals, Wei Wei, director of the ministry's consular department, said.Apart from the Chinese in Haiti on governmental or other business, Wei said he believed there are about 10 other nationals in Haiti - mainly working for mainland companies or at local Chinese restaurants - as well as about 20 illegal immigrants.Amid the ongoing relief efforts following the 7.0-magnitude quake, the capital Port-au-Prince has been hit by sporadic violence and looting. However, Wei said that all Chinese nationals there have been safely accommodated.A chartered flight took 11 staff of ZTE, a Chinese communications technology company, to neighboring Dominican Republic on Friday.There are also about 30 Taiwan residents in Haiti and, although Wei had no specific details, he said the government would provide help to anyone who requested it. One Taiwan resident has asked for help, he said without elaborating.About 230 Chinese were in Haiti at the time of the disaster. Most are safe but eight Chinese police officers on a peacekeeping mission died in a collapsed United Nations building. Their bodies were being flown home last night on a chartered flight.More than 50,000 people have died in the aftermath of the quake, and the final death toll could be as high as 200,000, according to Paul Antoine Bien-Aime, the nation's interior minister.And while the disaster last Tuesday may have happened on the other side of the world, the shock has been felt deeply in China, especially in Sichuan province, where residents are still recovering from the 8-magnitude quake that struck there on May 12, 2008, and killed more than 69,000."Hearing about this disaster in Haiti, although it is far away, it is as if the cracks beneath our feet have opened up again. It has all come rushing back for us," said Li Yong, a farmer in Beichuan, the county worst hit by the 2008 quake.The horrific disaster brings back bad memories for the people who lived through the Wenchuan earthquake. Huang Zhiling in Chengdu, Guo Anfei in Kunming and Wang Shanshan in Beijing reportLi Yong's family lost their home in the 2008 disaster and now live in a shabby temporary home built with wooden boards. His 18-year-old son, Li Anqiang, also had both legs amputated after being pulled from the rubble of the collapsed Beichuan Middle School. Many of his classmates were killed.Apart from what they make selling potatoes, the family survives on a monthly government subsidy of just 800 yuan (0), which is paid to them to help care for Li Anqiang. But despite the family's struggles, Li Yong said they are desperate to help those left in similar situations by the 7.3-magnitude quake in Haiti."We heard about the deaths through our neighbors. The people in Haiti are much poorer than we are, and we really want to help them. I hope that we can do something for them," he said. "Our life is good. After what we have gone through, we really feel sorry for the people in Haiti."Many in Sichuan, particularly children, are still in too much trauma to hear the word "earthquake", said Wang Zhihang, 53, a volunteer who tours schools in the area offering emotional support to victims."Those children who have been able to face the reality of the disaster in Haiti have shown real concern for the victims. Most have already joined in with fundraising events at schools across the province," said Wang, who is based in the provincial capital, Chengdu.The people in Sichuan understand full well the kind of relief operation that is now under way in Haiti. For those who were close to the epicenter in 2008, such as 20-year-old student Wang Li, they will also be able to understand the true terror of being trapped for hours by rubble.Wang was attending class at her middle school in Xiaode when the disaster struck - and was on the fourth floor when the building collapsed."The disaster in Haiti reminds me of the hours I was trapped in the dark. I was there for one day and one night," she said. "I passed out immediately when the building fell, but when I regained consciousness I could see I was buried under rock with two classmates. I knew one of them was dead. I called her name but she didn't respond. I reached out and checked her pulse, but her heart had already stopped beating."Wang lost her left leg in the disaster and had to take the national college entrance exam in a hospital ward during her recovery. She now studies at Chongqing Electronic and Engineering College."As I am a student, I cannot help out the Haitians financially but I feel their agony. All I can do is to pray for them," she said.Wei Min, 18, also lost a leg in the Sichuan earthquake. She was so moved by the kindness shown by strangers during her treatment in Chongqing, she has set her heart on a career in social work as a way to repay some of the compassion she experienced."With international aid, I believe Haiti will recover, although the process of recovering from an earthquake is lengthy," said Wei, who is from a poor farming family in Leigu, Beichuan county.

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BEIJING, March 5 (Xinhua) -- President Hu Jintao and other Chinese leaders on Friday joined deputies to the National People's Congress (NPC), China's top legislature, in deliberating the government work report, calling for efforts to facilitate the transformation of the pattern of economic development.The NPC kicked off its annual session Friday morning as about 3,000 deputies from across the country heard and deliberated the government work report delivered by Premier Wen Jiabao.BALANCED, COORDINATED AND SUSTAINABLE DEVELOPMENTWhen joining NPC deputies from the eastern province of Jiangsu in a panel discussion on Premier Wen's report, President Hu called for efforts toward balanced, coordinated and sustainable development in the transformation of its economic growth pattern. Chinese President Hu Jintao (C) talks with deputies to the Third Session of the 11th National People's Congress (NPC) from east China's Jiangsu Province, in Beijing, capital of China, March 5, 2010. Hu Jintao joined in the panel discussion of Jiangsu delegation in deliberating the government work report by Premier Wen Jiabao on the opening day of the Third Session of the 11th NPCHu said efforts should be made to cultivate new pillar industries and industries with features and advantages, and achieve the coordinated development of the first, second and third industries.The country needs to develop more core and key technologies to support its transformation of the economic growth pattern and the economic restructuring, Hu told the lawmakers.He called for the establishment of a market-oriented technological innovation system, in which enterprises play the leading role and which combines the efforts of enterprises, learning and research institutes.He said higher education and research institutes should play a more important role in scientific and technological innovation.The President also stressed the coordination of industrialization, urbanization, and agricultural modernization, so that the agricultural sector could be boosted by the industrial sector, while the rural areas could benefit from the urban areas.He said authorities should facilitate balanced allocation of public resources and the free flow of production factors between urban and rural areas.Hu pointed out that China is currently facing both opportunities and challenges at the same time, but the opportunities outweigh challenges.He urged officials in Jiangsu Province to push forward independent innovation, promote urban-rural integration of economic and social development, and deepen the reform and opening-up drive.

BEIJING, Feb. 4 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday urged to boost development of social undertakings and improvement of people's livelihoods while pushing forward the transformation of economic growth mode.Speaking to a seminar for provincial and ministerial level officials presided over by Vice Premier Li Keqiang and attended by Vice President Xi Jinping, Wen said development of science, education and culture was key to the transformation of China's economic growth mode and its sustainable development.He urged that plans should be made to forge a number of emerging strategic industries as the mainstay of China's economy as soon as possible, and that traditional industries should be upgraded with the latest technologies to enhance their efficiency and competitiveness. Chinese Premier Wen Jiabao (C) speaks as Chinese Vice President Xi Jinping(R) and Vice Premier Li Keqiang (L) listen in a seminar on the implementation of the Scientific Outlook on Development and the transformation of the mode of economic development in Beijing, capital of China, Feb. 4, 2010. The seminar, attended by the country's provincial and ministerial chiefs, opened on Wednesday at the Party School of the Communist Party of China(CPC) Central Committee in BeijingHe also called for stepped-up efforts in technological self-innovation, the creation and protection of intellectual properties.Reforms in China's education system must also be carried forward so as to promote quality education and to give the schools more say in their operation, the Premier said.Authorities must ensure free access to the nine-year compulsory education for all children, and to bridge the gap of imbalanced educational resources between urban and rural areas and between different regions and schools, Wen said.Vocational education should also be improved, he added.Noting that culture was an important factor in boosting the country's development and the revitalization of the nation, Wen said policies to support the development of cultural industries and innovations should be perfected.In addition, he stressed that boosting employment should be given top priority in China's social and economic development.Authorities should increase employment by maintaining stable and relatively fast economic growth, fueling the development of the service industry, labor and knowledge-intensive industries, and supporting the development of small and medium-sized enterprises and the non-public sectors, he said.They should also provide more training for people having difficulties in finding jobs, Wen said.The Premier also said the country's income distribution system should be perfected so that all 1.3 billion Chinese could enjoy the fruit of the country's reform and opening up drive.Authorities should make special efforts to raise the payment for people with modest or low incomes in both urban and rural areas in the country, especially farmers and migrant workers, he said, adding that tax tools should be better employed to adjust the income distribution.He also urged that the country's social security system should be perfected.A nationwide social security network should be set up, and medical reforms should be deepened in the country to provide the public with easy and equal access to medical services.The public should be fully motivated to contribute to the development of social undertakings, in order to improve the quality and efficiency of public services, Wen said.

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BEIJING, Feb. 10 (Xinhua) -- It's supposed to be a time of family reunions, new year greetings and fireworks, but blizzards and accidents on Wednesday put a damper on the Chinese New Year.The country is experiencing the peak travel period with millions of people are eager to get away from tough jobs to go home for the most important Chinese holiday, which falls on Sunday. The mass movement of people is the largest human migration on the earth.In the southern Guangdong Province, China's business hub, about 100,000 migrant workers are expected to ride motorcycles to go home to neighboring Hunnan, Guizhou and Guangxi provinces, to avoid train jams and high train ticket prices."It will be a tiring 10-hour motorcycle ride, but I can save a lot of money by not taking a train," said a migrant worker surnamed Huang who set off at 6 a.m. Wednesday for his home in neighboring Guangxi Zhuang Autonomous Region.Traffic police set up more than a dozen rest areas along major national highways so workers could warm their hands, drink some hot tea and repair their motorcycles before continuing their trip.Railway stations across the country have been crowded with millions of migrant workers carrying belongings and trying to buy tickets home. For some, this is the one chance they have per year to return home with gifts for their family. The railways are expected to carry 210 million passengers during the 40-day travel period that began January 30.But a blizzard that hit at least six provinces and regions in northern China Tuesday and Wednesday has disrupted tens of thousands of homecoming trips.Railway authorities say trains will slow down once fresh snow measures 40 cm. Train service will be halted if the snow depth exceeds 50 cm.The Ministry of Transport said at least 24 expressways were closed nationwide amid heavy snow by Wednesday morning in the provinces of Shanxi, Shaanxi, Hebei, Shandong and Henan, as well as in Inner Mongolia Autonomous Region.Besides the bad weather, traffic accidents caused by the crush of people and tired driving are straining the nerves of passengers and government officials.More than 600 traffic accidents occurred in the northwestern Ningxia Hui Autonomous Region between Tuesday and Wednesday. No casualties were reported, said the regional traffic police.In Gansu Province, nine people were killed and another 24 injured after a bus with 33 passengers veered off the road and fell into a ravine Wednesday morning near Longnan City.More than 270,000 police have been busy trying to keep order on the roads, cracking down on speeding, overloading and other offences, according to the Ministry of Public Security.The holiday is also an annual headache for authorities as workshops, mostly illegal and poorly run, are speeding up production of fireworks, a must have item when celebrating the Spring Festival.Three people died and another two were injured Wednesday after a blast in a fireworks plant in Anshun City in southwest China's Guizhou Province.

BEIJING, March 14 (Xinhua) -- Premier Wen Jiabao said Sunday that keeping the RMB exchange rate basically stable had played an important role in facilitating the recovery of the global economy from the worst financial crisis in decades.When the global economy was worst hit between July 2008 and February 2009, the real effective exchange rate of the RMB has risen by 14.5 percent, Wen told a press conference after the annual parliament session.  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, 2010.