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NANNING, June 20 (Xinhua) -- Chinese Premier Wen Jiabao has urged that more efforts be implemented to fight floods, while reassuring those residents living in areas ravaged by flooding and inspecting flood damage, during his visit to Wuzhou city of Guangxi Zhuang Autonomous Region, which has been plagued by torrential rains.During the two-day visit ending Sunday, Wen checked on water levels and river banks in Wuzhou, and visited households in mountainous areas, urban downtowns and rural areas, pledging the government would use all means to prevent and fight flooding.Further, Wen called on local authorities to closely monitor weather changes and strengthen forecasting and warning systems to ensure an advanced emergency response.Further, more efforts were demanded to prevent damages from floods and landslides, Wen said. He highlighted the importance of relief work in schools, mines, railways and roads, as well as tourism sites.Wen required immediate reports and instant responses on risks of dam and reservoir breaks from local officials. More efforts should be taken to safeguard public safety, he added.Also, more relief funds and materials were needed to ensure food, clothing, accommodations, drinking water and health care are delivered to flood victims, Wen said.As of Sunday morning, mud flows and floods triggered by the intense rainstorms that began in mid-June had left 132 people dead and 86 missing in south China's nine provinces and regions, including Guangxi, Fujian, and Jiangxi, according to the Office of State Flood Control and Drought Relief Headquarters.More than 10 million people have been affected by severe floods, which has accounted for economic losses of 14.5 billion yuan (2.1 billion U.S. dollars), officials noted.
BEIJING, Aug. 24 (Xinhua) -- China and South Africa announced a "comprehensive strategic partnership" on Tuesday during South African President Jacob Zuma's first state visit to China.Chinese President Hu Jintao and Zuma signed the Beijing Declaration after their one-hour talk in the Great Hall of the People Tuesday afternoon, during which the two presidents praised the growth of bilateral ties and agreed to lift relations to new heights."In this new spirit of China-South Africa relations, we will work together to advance the bilateral comprehensive strategic partnership," Hu told Zuma.Hu made specific proposals that the two countries maintain close contacts between leaders, utilize cooperative mechanism to further implement bilateral cooperation documents and strengthen exchanges between ruling parties and legislatures.In the economic area, Hu hoped both sides would promote trade and investment growth, energy cooperation and optimize financial services.China and South Africa need to work together in culture, education, media, health and tourism, Hu said, bolstering more academic and research cooperation.On the multilateral front, the countries need to improve consultation and coordination to further South-to-South cooperation and tackle global challenges.

BEIJING, June 10 (Xinhua) -- China hopes the United States will take an objective, rational and just view towards China's national defense policy and the development of its armed forces, said Foreign Ministry spokesman Qin Gang here on Thursday.Qin's comment came in response to a question on China's attitude towards a U.S. military officer's remarks on China's military development.The Chairman of the U.S. Joint Chiefs of Staff Admiral Mike Mullen said in a speech to the Asia Society's annual dinner that he was now "genuinely concerned" about "the gap as wide as what seems to be forming between China's stated intent and its military programs."Responding to the remarks, Qin urged the U.S. side to do more to build military relations with China, rather than harming them, so to ensure regional peace, stability and security.Qin said the sole purpose of China's defense policy is self-defense and its military is being developed in a peaceful way.China's development will not pose a threat to any country and anyone, he stressed, adding "We will not threaten and invade others."China opposes hegemonism, he said. China is still a developing country, and even if it becomes a developed country in the future, it will still stick to the road of peaceful development and will not seek hegemony."It is the solemn commitment made by the Chinese government to the outside world," he said.
NANNING, June 20 (Xinhua) -- Chinese Premier Wen Jiabao has urged that more efforts be implemented to fight floods, while reassuring those residents living in areas ravaged by flooding and inspecting flood damage, during his visit to Wuzhou city of Guangxi Zhuang Autonomous Region, which has been plagued by torrential rains.During the two-day visit ending Sunday, Wen checked on water levels and river banks in Wuzhou, and visited households in mountainous areas, urban downtowns and rural areas, pledging the government would use all means to prevent and fight flooding.Further, Wen called on local authorities to closely monitor weather changes and strengthen forecasting and warning systems to ensure an advanced emergency response.Further, more efforts were demanded to prevent damages from floods and landslides, Wen said. He highlighted the importance of relief work in schools, mines, railways and roads, as well as tourism sites.Wen required immediate reports and instant responses on risks of dam and reservoir breaks from local officials. More efforts should be taken to safeguard public safety, he added.Also, more relief funds and materials were needed to ensure food, clothing, accommodations, drinking water and health care are delivered to flood victims, Wen said.As of Sunday morning, mud flows and floods triggered by the intense rainstorms that began in mid-June had left 132 people dead and 86 missing in south China's nine provinces and regions, including Guangxi, Fujian, and Jiangxi, according to the Office of State Flood Control and Drought Relief Headquarters.More than 10 million people have been affected by severe floods, which has accounted for economic losses of 14.5 billion yuan (2.1 billion U.S. dollars), officials noted.
BEIJING, June 23 (Xinhua) -- Chinese banks should set up an independent risk management system in line with its strategic expansion plan as part of efforts to ward off financial risks, China's banking regulator said Wednesday.The breakout of the global financial crisis highlighted the necessity of increasing management of differentiated sovereign risks, the China Banking Regulatory Commission said in a guideline published on its website.Just as Chinese banks were expanding throughout the world, the overseas risks they were facing were on the rise, the guideline noted.Sovereign risks refer to ones that banks are exposed to when overseas borrowers or debtors are unable to repay debt because of their countries' economic, political and social changes.Chinese lenders were required to differentiate risks according to the countries involved and make policies on the minimum potential loan loss provisions ranging from 0.5 percent to 50 percent, according to the guideline.The banks must meet the requirements under the guideline by June 1, 2011.
来源:资阳报