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Yolanda Fernandez Lommen, the Asian Development Bank's Beijing-based chief China economist, believes the

Chinese government should focus on a range of new policies, including education, reforming the hukou (household registration) system, strengthening the social safety net and shifting more focus to creating long-term jobs in the service sector. Page 2

The government's monetary easing policy is continuing to increase the numbers of new loans. However, some experts say it might be time to readjust the government's monetary policies. Page 2

After producing aircraft components for Boeing for more than two decades, China is expected to become the US airplane manufacturer's research and development (R&D) partner for environmentally friendly technologies. Page 3

Eurocopter's revenues doubled in China 2008, and the European civil and military helicopter maker expects the booming trend to continue this year as the demand for helicopters increases in coming years. Page 3

Guangdong Yinda Guarantee Investment Group Co, a leading credit guarantee company in China, just received a 160 million yuan injection from SAIF Partners and plans to go public in five years. Page 4

French banking giant Societe Generale is looking for local partners to help develop a wider range of financial services in China. Page 4

Compared with the residential sector, which is still suffering falling prices and sales, transactions in the office space market are brisk. Page 5

Consumer spending is expected to increase by 50 percent in China's top 25 cities in the next five years due to a rapid increase in the country's per capita disposable income, according to a new report from the global consulting firm McKinsey & Company. Page 5

An increasing number of Chinese investors are shifting to gold-related products to hedge against recent stock market fluctuations and potential inflation. Page 5

There's a huge market to treat the rapidly growing number of diabetics in China, and many foreign healthcare

companies are stepping up their investments to gain a bigger share. Page 8

Doctors in Xian county of northern China's Hebei province are benefiting from a healthcare technology project initiated by US-based Qualcomm Inc, a global developer of wireless technologies, and two partners: China's Xi'an Kingtone Information Technology Co Ltd and the China Children and Teenagers' Fund. Page 10

With the resignation of its former superstar chief of China operations, Kai-Fu Lee, who quit Google China last month to launch a $115 million fund to finance Chinese technology start-ups, the US search engine is exploring new ways to tap the world's largest population. Page 12

(China Daily 10/12/2009 page1)