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BEIJING, March 24 (Xinhua) -- Chinese commercial banks will be allowed to trade gold futures in the domestic market, according to a notice released on the regulator's official website here on Monday.     China gold futures trading was launched in January, but domestic banks were barred from trading by the China Banking Regulatory Commission.     According to the notice, domestic banks that meet certain requirements, such as having capital adequacy ratio of more than 8percent, can apply for a trading permit.     "That's great news for the gold futures market, which is not operating that well," said Hu Yuyue, an expert with Beijing Technology and Business University.     "Commercial banks can provide more liquidity and stability to the market, after all, they hold huge capital," said Hu.     "Gold futures trading can also help domestic banks to improve competitiveness against overseas banks as financial derivatives are supposed to be the largest revenue sources for leading banks," he said.     Non-interest income usually accounts for at least 50 percent of bank revenues in developed countries and the proportion can reach 80 percent for some banks.     However, Chinese banks depend heavily on the margins between deposits and loans.

The Employment Promotion Law is being revised to provide a firmer legal footing for efforts to combat the discrimination that Hepatitis B virus carriers have encountered while looking for work, a senior official said. If the revised law is passed, Hepatitis B carriers will have the tools they need to guard their right to secure fair employment and to have discriminating employers punished. Liu Danhua, deputy director of the Labor and Social Security Ministry's training and employment department, said the drafters planned to write a chapter called "fair employment" and to add an article that bans employers from refusing to hire applicants because they carry infectious viruses. She made the remarks during an online interview on www.gov.cn on Friday. At least 15,000 people participated in the online chat and left more than 600 messages for the official. Many spoke about their experiences of being rejected by employers because they are Hepatitis B virus carriers. They applauded the document released by the Labor and Social Security Ministry and the Ministry of Health in May, which called for the protection of virus carriers' employment rights. Still, some were disappointed that some employers seemed not to have heeded the call. According to the document, except for those industries barred to Hepatitis carriers because of the possibility they might spread the virus, such as food processing, employers are not to make Hepatitis screening a mandatory part of physical checkups. Medical organizations have been asked to protect carriers' privacy. But in many cities checks for theHepatitis B virus are more or less obligatory before securing employment. A college graduate from Changsha, Hubei Province, using the Web alias "jiushi3953", said he had been rejected three times by companies because he has Hepatitis B. He was worried he would never get a good job. "Almost every company in Shenzhen demands a Hepatitis virus check Please give me a chance to survive," he said. Hao Yang, deputy director of the Ministry of Health's disease control and prevention bureau, said discrimination was rooted in people's misconceptions about Hepatitis B. Many people and even some doctors think Hepatitis B virus can be transmitted while dining together or touching. Hao said this is wrong. The country is home to about 120 million chronic carriers of the Hepatitis B virus, which may lead to chronic inflammation of the liver. Carriers do not suffer, and do not pose a threat to other people.

VIENTIANE, March 28 (Xinhua) -- The trade and economic cooperation between China and Laos has made outstanding progress in recent years and it is endowed with promising future, Lao Prime Minister Bouasone Bouphavanh told Xinhua here about the prospect of Sino-Lao relations.     "The Sino-Lao cooperation will be more efficient and pragmatic under the Greater Mekong Subregion (GMS) economic cooperation mechanism," said Bouasone. Lao Prime Minister Bouasone Bouphavanh speaks during an exclusive interview with Xinhua prior to the upcoming Third GMS Summit on Friday, March 28, 2008.In an exclusive interview with Xinhua prior to the upcoming Third GMS Summit, where leaders of the six GMS countries -- Cambodia, China, Laos, Myanmar, Thailand, and Vietnam, will be meeting in Vientiane, Laos on 30-31 March 2008 to discuss the progress and chart future directions in GMS cooperation, Bouasone highly valued the compressive development of the bilateral relations between the two GMS member countries.     China and Laos have traditional friendship and enjoy healthy and steady development under the principles of long-term stability, good neighborliness, mutual trust and comprehensive cooperation, Bouasone said.     There have been frequent exchanges of high-profile visits especially since the entering of the 21st century. The two countries leaders sincerely exchanged views on lots of bilateral, regional and international issues and reached a wide range of consensus with the signing of a series of friendly cooperation agreements, he added.     In 2007, the volume of bilateral trade between Laos and C

BEIJING -- Timothy Keating, US Pacific Command commander-in-chief, will visit China from January 13 to 16, the Chinese Ministry of National Defence (MND) said on Tuesday.During Keating's China stay, senior Chinese generals and officials from the Central Military Commission, the General Staff of the Chinese People's Liberation Army (PLA), Guangzhou Military Area Command and the Ministry of Foreign Affairs will meet him separately, the foreign affairs office of the MND said in a press release.The Chinese officials were expected to widely exchange views with Keating on Sino-US military ties, the Taiwan issue, and international and regional affairs of common concern, according to the press release.The four-day tour would also take Keating to the country's financial hub of Shanghai, and Guangzhou, capital of the southern Guangdong Province. There, he was scheduled to visit the PLA military institutions and bases and hold a seminar with Chinese military officials."China takes positive attitude toward developing military relations with the United States, and hopes Keating's visit could further enhance understanding, expand consensus and boost cooperation, so as to promote the bilateral military ties to grow steadily in the new year," the release said.The MND was consulting with the US side on detailing arrangements of the visit.Keating was visiting China for the second time since being appointed to the post in March. He was last here in May.

Effective preparations and accurate weather forecasts greatly reduced the number of casualties caused by typhoon Wipha, Zheng Guoguang, head of the China Meteorological Administration (CMA), said on Thursday."Up to now only five people have died from landslides triggered by the heavy rain. The number of casualties is rare in history," said Zheng.The fact that the central government has paid great attention to natural disasters was one of the reasons for the few casualties, while meteorological authorities stepped up forecasts to allow local governments to have time to evacuate people, Zheng added.A total of 2.67 million people in Zhejiang, Fujian, Shanghai and Jiangsu had been relocated by Wednesday, said the Ministry of Civil Affairs. The typhoon destroyed more than 9,600 houses and damaged 42,000 others.In Zhejiang alone, 1.79 million people were evacuated before Wipha struck, the largest mass evacuation in the history of the province. More than half a million were evacuated because their houses were in poor condition.Typhoon Wipha hit Wenzhou, in Zhejiang Province, at 2:30 am Wednesday but was later downgraded to a tropical storm.It turned into a temperate depression at noon on Thursday in the Yellow Sea, and was still weakening, according to the Liaoning Meteorological Observatory.