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HANGZHOU, March 28 (Xinhua) -- China's Ministry of Water Resources (MWR) said Sunday the country will step up water conservation infrastructure construction to better cope with natural disasters.The central government has allocated over 80 billion yuan (11.7 billion U.S. dollars) this year for water conservation projects. Total investment in the sector is expected to hit 200 billion yuan, MWR vice minister Jiao Yong said at a work conference Sunday in Hangzhou, capital city of the eastern Zhejiang Province.Jiao said water conservation facilities in China would be expanded while insuring the quality of the projects.Meanwhile, repair and maintenance work on reservoirs in poor condition will be boosted this year, said Sun Jichang, a senior MRW official.China needed to reinforce a total of 6,240 faulty reservoirs in the three years to 2010. So far, only 2,000 of them have been reinforced as insufficient local funding or possible misuse of funds has delayed the work, Sun said.Local water authorities will be rushed as the Ministry is requiring all reservoir repair work be finished by the end of the year.

BEIJING, May 15 -- China is planning to raise the proportion of profits it collects from major State-owned enterprises (SOEs) in a move to balance income distribution, but analysts said the move should be bolder and the collected profits used to improve public well-being.The Ministry of Finance said on Tuesday that it might raise the ratio of profits of SOEs to be submitted to the State coffers.According to existing rules, monopoly enterprises under the administration of the central government in sectors like tobacco, oil, petrochemicals, power, telecommunications and coal mining should submit 10 percent of their post-tax profits, while the ratio for those in the iron and steel, transportation, electronics and trade sectors should be 5 percent.Financial corporations and companies in sectors like railways, transportation, education, culture, science and technology and agriculture are not included in the profit submission framework.The Ministry of Finance did not reveal by how much the ratio would be raised."It should be raised properly, and even if it were raised by 10 percentage points, it doesn't matter too much for those central enterprises, given their high profit level," said Zhang Wenkui, researcher with the State Council's Development Research Center.Central enterprises have been criticized by the public for having taken advantage of their monopoly or market predominance to make excessive profits. Some of them have further fueled public anger as they bid to purchase land at high prices, which is believed to have pushed up home prices.The central government collected profits of 14 billion yuan ( billion), 44.4 billion yuan and 98.9 billion yuan respectively in 2007, 2008 and last year from SOEs. In 2009 alone, however, the enterprises made profits totaling 965.6 billion yuan.

ISTANBUL, April 14 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), said here Wednesday that the economic cooperation between China and Turkey has "broad perspective."Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, was on an official goodwill visit to Turkey.He addressed businessmen from Turkey and those Chinese enterprises who operate in this country in the crossroad of Asia and Europe."Mutual trust is the pretext for bilateral cooperation," he said, urging both sides to consolidate political foundation for promoting economic cooperation in line with mutual respect, mutual benefit, equality and common development.Li Changchun, a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, addresses the China-Turkey business seminar in Istanbul of Turkey, April 14, 2010.Dual-track trade registered 12 folds growth in the first decade of the new century. The trade volume increased 69 percent in the first quarter of this year, of which Turkey's export to China scored a year-on-year growth at 152.8 percent."We are satisfied with and proud of such performance in the backdrop of international financial crisis," he said, adding the economic cooperation has become "a pillar" of bilateral relationship.The recovery of the world economy still has certain instable and uncertain elements. Under the context, Li made proposals to further promote bilateral economic and trade cooperation.First, he urged the two sides to cherish the traditional friendship and nurture the sound development momentum of bilateral economic and trade cooperation.Second, he required the relevant governmental departments to enhance policy-oriented guidance to the enterprises. The two sides should use different channels, including the dispatch of procurement delegations to the other country, so as to steadily expand trade volume.

BEIJING, May 14 (Xinhua) -- China's Ministry of Agriculture Friday ordered local departments to strengthen field management to ensure the summer grain output after prolonged extreme weather in some areas.China faced with a challenging grain situation this summer as persistent cold weather had ravaged major production zones since the winter, which prolonged growing season for wheat and raised the risk of dry hot wind and heavy rains during the harvest time, said Wei Chao'an, Vice Minister of Agriculture.Wei urged authorities to intensify disaster and pest disease prevention, and to quickly harvest in fine weather.According to the ministry, China needs to maintain an annual grain output of 500 million tonnes to feed the nation's 1.3 billion people.China's summer grain output rose six years in a row to top 123.35 million tonnes last year, 2.6 million tonnes more than the previous year. Grain output reached 530.8 million tonnes in 2009, the sixth consecutive year of a growth in grain yield.

DAR ES SALAAM, May 5 (Xinhua) -- "China-Africa new strategic partnership has currently reached a new level, however there is still a necessity for the partnership to be expanded and strengthened as the situation is developing," Liu Guijin, special envoy of the Chinese government on African affairs, told Xinhua here on Wednesday ahead of the plenary session of the 20th World Economic Forum on Africa.Liu said that the "eight new measures" announced by Chinese Premier Wen Jiabao at the fourth ministerial meeting of the Forum on China-Africa Cooperation (FOCAC) held in the Egypt in November pointed out the favorable direction in the next three years to enhance China-Africa cooperation."First, expand the current China-Africa economic and trade cooperation, which has achieved great progress in recent years. The bilateral trade volume surpassed 106.8 billion U.S. dollars in 2008. However, it decreased a little by 14 percent to more than 90 billion dollars in 2009 due to the negative effect of the international financial crisis, " Liu said.The Chinese diplomat also noted that the key sector to expand and strengthen China-Africa new strategic partnership lies on investment as the African continent lacks of funds for infrastructure, adding that Chinese companies made a lot of investment on Africa's infrastructure and the Chinese government is committed to continually supporting infrastructure construction in Africa for its development.Liu also called for further enhancing political mutual trust between China and Africa, hailing the China-Africa Joint Research and Exchange Program included in the "eight new measures" to enhance China-Africa cooperation, which enables the African and Chinese scholars and nongovernmental organizations among others to make more research on China-Africa relations to promote the mutual understanding of governments and peoples of both sides.

来源：资阳报