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For instance, the Ministry of Culture and two public institutions embezzled 104 million yuan (17 mln U.S. dollars) and spent 30 percent of it on gifts and giving out allowances. The eight state-owned banks, including the ICBC, were found to have lent 375 billion yuan to companies barred from gaining such loans.

BIT talks began in 2008, which is expected to deepen Sino-U.S. economic tie in which two-way trade already exceeds 520 billion U.S. dollars.

Doctors and nurses specializing in burns at Shanghai's Ruijin Hospital have arrived at Kunshan to help local hospitals, which are "crowded with injured patients," according to the hospital.

"Last year, the 8 states in my consular district saw more than 112 billion U.S. dollars of trade with China and 13.2 billion U.S. dollars investment from Chinese companies in energy, manufacturing, transportation industry and real estate," he said.

The Chinese president suggested that the two sides make full use of their cooperation mechanisms to actively push forward bilateral cooperation in such fields as energy, mining, agriculture and infrastructure construction, and strengthen people-to-people exchanges.