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BEIJING - Chinese President Hu Jintao on Friday called for efforts toward balanced, coordinated and sustainable development in the transformation of its economic growth pattern.

Hu made the remarks when joining a panel discussion on Premier Wen Jiabao's government work report with deputies to the National People's Congress, the top legislature, from the eastern province of Jiangsu.
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BEIJING - Ningbo Port Co Ltd is expected to list its stock in Shanghai at the end of the second quarter of this year, the company's chairman said on Friday.

"We will list our shares at the end of the second quarter at the latest," Li Linghong, board chairman of the company, told China Daily on the sidelines of the ongoing National People's Congress session.
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BEIJING - The use of Taiwan question by certain country to interfere into China's internal affairs was "unacceptable", said Li Zhaoxing, spokesman of the annual session of China's top legislature, here Thursday.

Li made the remarks at a press conference at the Great Hall of the people in central Beijing, one day before the third session of the 11th National People's Congress (NPC) opens.
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BEIJING -- China's statistics chief said Friday that there were problems with the method and system in calculating property prices and he promised new measures to correcting them.

The remarks were made by Ma Jiantang, director of the National Bureau of Statistics (NBS), in a seminar attended by government officials, experts on property market and real estate developers.
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SHANGHAI -- Export deals at the 20th East China Fair, which ended Friday in Shanghai, rose 22 percent year on year to $2.73 billion, the fair organizer said.

The growth came as global economic recovery revived external demand for Chinese exports. Last year, export deals slumped 39 percent to $2.24 billion amid the global financial crisis.
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China's central bank pledged on Saturday to keep the yuan's exchange rate basically stable in 2010 and said it will enhance coordination with its foreign counterparts on major policy issues.

The People's Bank of China will continue to push forward multi-polarization of the international money system, according to a statement issued ahead of a news conference on the sidelines of the annual session of parliament.
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BEIJING - Premier Wen Jiabao on Friday urged the nation to fight "a tough and prolonged battle" against pollution to conserve energy and protect the environment in 2010, as time to meet the five-year green targets is running out.

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"How and what will China do?" at its upcoming parliamentary plenary sessions has recently become a focus of world media.

As the annual plenary sessions of China's National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) are set to start on March 5 and March 3 respectively, the international community has started to turn its attention to China.
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China will adjust its monetary policy in accordance with changes of economic indicators and feedbacks from policy implementation, said central bank governor Zhou Xiaochuan Saturday.

Zhou made the remarks at a press conference on the sidelines of the annual session of the National People's Congress (NPC), the country's top legislature.
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IBM is opening a multi-million dollar lab to develop technologies for China's burgeoning smart grid market.

The $40 million dollar Energy & Utilities Solutions Lab will be located in the IBM China Development Labs in Beijing. The company says it expects the lab, the first for IBM worldwide, to generate $400 million in revenues over the next few years.
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