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BEIJING, Aug. 6 (Xinhua) - China's Ministry of Agriculture Friday urged local authorities in flood-hit regions to step up efforts to resume agricultural production and create favorable conditions for the autumn harvest following this summer's severe floods.Local departments were ordered to accelerate water drainage, restore damaged infrastructures, strengthen field management, and plant mung bean, potatoes and buckwheat, which have short growth periods, to make up for losses, according to an official from the ministry.The official also required departments to clear away and carry out bio-safety disposal of dead livestock, while increasing epidemic control measures.As of July 21, more than 7 million hectares of farmland in China had been destroyed by torrential rains and floods, according to data from the State Flood Control and Drought Relief Headquarters.
HONG KONG, Aug.12 (Xinhua) -- Hong Kong stocks slipped nearly 190 points Thursday as heavyweight HSBC dropped 1.84 percent.The benchmark Hang Seng Index dropped 188.83 points, or 0.89 percent, to close at 21,105.71 points, after trading between a day high of 21,124.98 points and a day low of 20,926.48 points.Turnover totaled 67.83 billion HK dollars (8.73 billion US dollars), compared with Wednesday's 61.36 billion HK dollars.The H-Share Index dropped 140.61 points, or 1.2 percent, to end at 11,597.02 points.Banking giant HSBC edged down 1.84 percent to close at 80 HK dollars, after a plunge occurred on Wall Street overnight for concerns on global economy.China Mobile, China's dominant mobile carrier, moved up 2.44 percent, to end at 84.1 HK dollars.Major mainland lenders dipped. ICBC, China's largest bank by market value, dropped 1.04 percent to close at 5.69 HK dollars; CCB, the country's second largest lender by market capitalization, edged down 0.61 percent to close at 6.5 HK dollars; BOC, one of the "big four?", edged down 1.23 percent to 4.02 HK dollars.China Life, one of the world's largest life insurers by market value, dipped 0.74 percent to end at 33.6 HK dollars.Major oil producers on Chinese mainland also declined, with PetroChina, the country's largest oil and gas producer and Sinopec, China's top refiner, down 1.37 percent and 0.65 percent respectively.Bank of Asia, one of the largest local bank in Hong Kong, reported its half-year result by midday, with net profit up over 70 percent, much higher than market's expectation. The company's shares surged 2.61 percent to end at 31.5 HK dollars.
BEIJING, Aug. 11 (Xinhua) -- There have been no reports of an epidemic outbreak or public health incident in the northwestern Zhouqu County that was hit by a massive mudslide Sunday, a health official said Wednesday.Zhang Guoxin, vice director of the emergency office of the Health Ministry, made the remarks at a press conference in Beijing.Emergency medical rescue work was coming to an end and now epidemic prevention was the priority for health authorities, Zhang said.At least 702 people were killed and 1,042 others are missing after Sunday's mudslide.A total of 422 injured have been treated as of 10 a.m. Wednesday. All those who were seriously hurt have been sent to hospitals in the cities of Lanzhou and Tianshui, Zhang said.A survivor who was rescued 60 hours after the mudslide has been transferred to the Gansu Provincial People's Hospital and was currently in stable condition."All the injured have been properly treated," Zhang said.Forty-seven civilian and military medical teams with 779 members are working in Zhouqu, nine of whom are extremely well qualified and rank among the best in the country.A total area of 310,000 square meters has been sterilized by the teams.Health authorities have prepared 50,000 pamphlets on health risks for local residents.Zhang said health authorities were attempting to rebuild hospitals and clinics in Zhouqu as quickly as possible.
BEIJING, Aug. 20 (Xinhua) -- China's insurers felt the side effect of the country's booming auto market -- with operating losses totaling 2.9 billion yuan (427 million U.S. dollars) in 2009.Insurance Association of China said here Friday that its 30 member insurance companies that are engaged in traffic compulsory insurance business underwrote 85.02 million units of vehicles in 2009, up 23 percent from a year ago.Total compulsory insurance premiums rose 21 percent year on year to 66.8 billion yuan (9.84 billion U.S. dollars), according to the association.Meanwhile, the industry handled 11.78 million claims regarding traffic liability mandatory insurance products last year with reimbursements totaling 47.2 billion yuan (6.95 billion U.S. dollars), it said.Offsetting 2.4 billion yuan (353 million U.S. dollars) investment revenue with 18.6-billion-yuan (2.74 billion U.S. dollars) operating costs, the industry posted a loss of 2.9 billion yuan (427 million U.S. dollars) last year, according to the association.Retail sales of China-made autos rose 17.18 percent year on year to 1.056 million units in July this year, raising auto sales in the first seven months to more than 8.24 million units, up 28.58 percent from a year earlier, according to data from the China Automotive Technology and Research Center released earlier this month.
BEIJING, July 1 (Xinhua) -- Chinese Vice President Xi Jinping on Thursday urged members and officials of the Communist Party of China (CPC) to emulate the achievements of an official who died on duty after six years of dedicated work as a village Party secretary.Xi made the statement in Beijing while meeting with attendants to a ceremony to mark the release of a movie about the Party secretary's life in the village, and that of a book based on his diaries.The official, Shen Hao, had been a provincial government official in Anhui in central China, but was later assigned as a village Party secretary in 2004.Shen's devotion to his job brought about significant changes in the village and twice his term was extended at the request of the people in the village, though the work eventually cost him his life. He fell ill through constant overwork and died on November 6, 2009.Xi hailed Shen as a role model for CPC members and officials and urged them to maintain close ties with the people.