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BEIJING, June 17 (Xinhua) -- Chinese shares sank to a 15-month low on Tuesday in very low volume, amid weak investor confidence. The benchmark Shanghai Composite Index fell 2.76 percent to 2,794.75, its 10th loss in a row. The Shenzhen Component Index fared worse, sinking 4.03 percent, or 395.77 points, to 9,429.50. The Hushen 300 Index, which reflects about 60 percent of the combined market value in Shanghai and Shenzhen, closed at 2,842.68 points, down 109.57 points, or 3.71 percent. Investors read information at a stock trading hall in Shanghai, China, June 10, 2008. The benchmark Shanghai Composite Index fell 2.76 percent to 2,794.75, its 10th loss in a row Total turnover was just 67.5 billion yuan (9.65 billion U.S. dollars). Financial, oil and petrochemical, real estate, mining, transportation and broker stocks led the plunge. China Merchant Property, for example, dipped 7.36 percent to 16.12 yuan. A man looks at the electronic board showing the stock index at a securities exchange in Shanghai, east China, June 17, 2008. The Shanghai index slid through the 2,800-point mark, touching 2,799.33 points at midday, shortly after the National Bureau of Statistics said the growth rate of fixed-asset investment slowed in the first five months. Urban fixed-asset investment rose 25.6 percent year-on-year to 4.026 trillion yuan in the first five months of 2008. The growth rate was 0.3 percentage points below the same period last year and 0.1 percentage point less than the January-April period this year. Analysts said the market was also being undermined by surging world oil prices, weakening regional economies and the government's efforts to curb liquidity and tame inflation. The People's Bank of China, the central bank, earlier this month lifted the bank reserve ratio by a full percentage point to 17.5 percent.
BEIJING, Oct. 14 (Xinhua) -- The financial crisis and other major issues challenging the world will be discussed in the upcoming summit of the Asia-Europe Meeting (ASEM), according to Liu Jieyi, China's assistant foreign minister. "The ASEM summit would be convened under the special international circumstance," said Liu at a press conference here on Tuesday. He added the financial situation was in turbulence and the three major challenges, including food safety, climate change and energy issues, were interwoven. Under the theme of dialogue, cooperation, mutual benefit and common prosperity, the summit would touch upon these issues. The seventh ASEM summit will be held in Beijing from Oct. 24 to25. At present, most foreign members had confirmed their attendance. Liu said all members would focus on disaster-relief cooperation, the promotion of trade and investment, sustainable development and strengthening dialogue. Chinese President Hu Jintao will attend the meeting and Premier Wen Jiabao will preside over the meetings and a welcoming banquet. Leaders from four coordinators, including China, the EU commission, Brunei and France, would hold a joint press conference after the summit, Liu said, adding several bilateral meetings would also be held. "A chairman's statement is expected to be passed to reflect all members' stance on the major issues, outlining the key areas of cooperation in the future." Other documents will also be passed to improve the substantial cooperation on three major areas, including political, economic cooperation as well as social and cultural exchange. "This is another important event for China after the Beijing Olympic Games," Liu said. The 45-member ASEM, established in 1996, is a high-level forum between governments of Asia and Europe. It aims at creating better conditions for cooperation between the two continents through strengthening dialogue and mutual u

BEIJING, Sept. 11 (Xinhua) -- With the Beijing Paralympic Games under way, Chinese President Hu Jintao and other top leaders watched a musical and dancing performance staged by disabled artists in Beijing on Thursday night. The grand show, titled "My Dream," was presented by the China Disabled People's Performing Art Troupe (CDPPAT) in the Poly Theatre in downtown Beijing. Specially prepared for the Beijing Olympics and Paralympics, the show has been continuously modified and Thursday's was already its fifth edition. Sitting among the audience were Party and state leaders Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, as well as International Paralympic Committee (IPC) President Philip Craven and International Olympic Committee Honorary President Juan Antonio Samaranch. Chinese President Hu Jintao greets artists of China Disabled People's Performing Art Troupe after their performance "My Dream" at the Poly Theatre in Beijing Sept. 11, 2008The performance -- a mixture of music, dancing, Peking Opera, dancing drama and music drama -- has been a hit since its debut on Aug. 10, staged for more than 40 times in the Chinese capital. The performance on Thursday night began with a poem titled "My Dream," which was presented by performers using the sign language. "We are trying to hear sounds and rhythms in silence, to see light in darkness, and to pursue perfection with disabilities," the poem goes. In a classical repertoire of the troupe called the Thousand-hand Bodhisattva, Tai Lihua, a deaf dancer with great popularity in China, led 20 other hearing-impaired dancers in golden costumes to perform in breath-taking synchronicity. Chinese President Hu Jintao, other top party and state leaders Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, International Paralympic Committee President Philip Craven and International Olympic Committee Honorary President Juan Antonio Samaranch pose for a group photo with artists of China Disabled People's Performing Art Troupe after the performance "My Dream" at the Poly Theatre in Beijing,China, Sept. 11, 2008Other highlights of the show included singing by disabled vocalists, playing of traditional Chinese musical instruments by blind musicians, and rhythmic dances and Peking Opera performance by blind, deaf or amputated artists. Amazed by the spectacular show, the entire audience, including President Hu and IPC chief Craven, warmly applauded time and again to show their respect for the artists. When the show ended, Hu, Craven and others also ascended the stage to shake hands with the performers and congratulate them on the success of the performance.
CHENGDU, May 13 (Xinhua) -- A senior official with the Sichuan Provincial government said Tuesday the death toll in the province has exceeded 12,000, and is still rising. Li Chengyun, vice governor of Sichuan, said at a news conference Tuesday afternoon that the death toll was based on incomplete figures tallied by 4:00 p.m. Tuesday. He said another 26,206 people were injured, and more than 9,400 people were buried in debris. Li also provided a breakdown of the death toll, including 161 in the Aba Tibetan and Qiang Autonomous Prefecture, 7,395 in Mianyang City, 2,648 in Deyang City, 959 in the provincial capital Chengdu and 700 in Guangyuan City. Other casualties were reported in cities including Ya'an, Ziyang and the Garze Tibetan Autonomous Prefecture. Photo taken on May 13, 2008 shows the scene of the earthquake-hit Beichuan County, about 160 kilometers northeast of the epicenter of Wenchuan County, southwest China's Sichuan Province. Beichuan County is badly damaged in Monday's quake, with great numbers of buildings collapsed and landslides around the county. The death toll climbed from an earlier tally provided by the Ministry of Civil Affairs, which put the Sichuan death toll at 11,608. Authorities said the death toll might change every hour, as they heard reports from rescuers who were seizing every minute to pull out bodies from the earthquake rubble. The earthquake, which centered on the province's Wenchuan County at 2:28 p.m. Monday, has left the province in chaos. More than 3.46 million houses were wracked, Li said. Li said he was deeply saddened by the super earthquake. He called on both officials and the masses in Sichuan to speed up efforts to fight the disaster and rescue themselves. Chinese Premier Wen Jiabao, who arrived in Sichuan Monday afternoon to oversee rescue work, ordered the clearance of rocks and mud slides that were blocking roads to the epicenter by midnight on Tuesday. "People are trapped in debris; we must use every second," he told an emergency meeting at 7:00 a.m. Tuesday. On Tuesday afternoon, a brigade of about 20 soldiers have reached Yingxiu Town of the earthquake epicenter Wenchuan, the disaster relief headquarters in the Chengdu Military Area Command said. The soldiers reported they saw more than 70 percent of the roads in the town were wracked, and nearly all bridges collapsed. A large number of people were believed to be under the debris. They said 3,000 people were known to have survived, and the town's total population is 12,000. No information on detailed casualties could be available. Li Shiming, commander of the Chengdu Military Area Command, said the soldiers had distributed food and water to children and injured people in the town, and more supplies would be airdropped to the area.
GUANGZHOU, April 20 (Xinhua) -- Three people were confirmed dead in mud flows and strong winds caused by Typhoon Neoguri in south China's Guangdong Province, said the provincial flood-control headquarters on Sunday. The typhoon claimed two lives in Shenzhen City, when a mud flow inundated a section of road under construction. One person was hit and killed by an aluminum sheet blown off a stadium roof by strong gales in Zhuhai City, according a headquarters official. The headquarters did not identify the victims. A jeep and a pedicab inch against water on the flooded road in Shandou City, south China's Guangdong Province, April 20, 2008. Typhoon Neoguri, the first of its kind hitting China this year, brought to Shantou City a heavy rainfall lasting for more than 10 hours on Sunday Neoguri hit south China on Saturday with heavy rains and strong winds. The headquarters received reports of damage from the cities of Yangjiang, Jiangmen, Zhuhai and Shenzhen. Vehicles inch against water on flooded roads in Shandou City, south China's Guangdong Province, April 20, 2008. Typhoon Neoguri, the first of its kind hitting China this year, brought to Shantou City a heavy rainfall lasting for more than 10 hours on SundayIn Yangjiang City, the typhoon's landing point, 274,000 people were affected and 7,000 hectares of farmland were inundated. Losses from suspension of industrial production and damage of embankments and telecommunications facilities were valued at 96 million yuan (14 million U.S. dollars). According to the provincial observatory, the center of the storm is moving eastward to Shanwei City on the eastern coast of Guangdong, which is receiving up to 112 millimeters of rain per hour. The headquarters said water levels in all major reservoirs in the province were under the danger mark as of Sunday. But the risks of mountain torrents and mud flows were still high, since rains brought by Neoguri were expected to continue.
来源:资阳报