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TAIPEI, June 21 (Xinhua) -- The economic authority of Taiwan has approved investment totaling 77.13 million U.S. dollars from the Chinese mainland, according to a statistics report released Monday.From the end of June last year when Taiwan opened to mainland investment, the authority had approved 52 investment projects on the island by the end of May, said the report from the authority.The top three industries for mainland investment -- accounting for 44.84 percent of the total mainland investment -- were computers, electronics and optical products manufacturing.At the same time, the mainland saw a sharp increase in investment from Taiwan. In the first five months of this year, the Taiwan authority approved investments in 187 projects on the mainland.New investment from Taiwan on the mainland from January to May totalled 4.59 billion U.S. dollars, a year-on-year increase of 239.9 percent.About 75 percent of the Taiwan investment in the first five months went to Jiangsu, Guangdong, Fujian and Shandong provinces, said the report.

BEIJING, July 7 (Xinhua) -- Agricultural Bank of China (ABC), the last of the country's largest four banks to go public, announced Wednesday that it has set its A-share initial public offering (IPO) price at 2.68 yuan per share, hitting the high end of its IPO price range.The pricing of the shares means the bank could raise up to 10.12 billion U.S. dollars via the Shanghai portion of the IPO, as a greenshoe option has been exercised to expand the deal by 15 percent to 25.57 billion shares, ABC said in a statement filed with the Shanghai Stock Exchange.ABC plans a dual listing in Shanghai and Hong Kong in mid-July to replenish its capital base after a lending spree last year.It has yet to set the final IPO price for its Hong Kong portion, where it plans to sell 25.41 billion shares, excluding an over-allotment option.ABC set the price range for the Hong Kong portion at 2.88 to 3.48 HK dollars in late June.

ZHOUQU, Gansu, Aug. 14 (Xinhua) -- The death toll from the massive mudslide in Zhouqu County, northwest China's Gansu Province, has risen to 1,239 as of 4 p.m. Saturday, with 505 still missing, local disaster relief headquarters said.The county education department said Saturday that primary and middle schools in Zhouqu will start the autumn semester on Aug. 25, ten days later than scheduled.This was because hundreds of homes and one primary school were buried and more schools were damaged or inundated in water. Many school classrooms are also being used as temporary shelters.By Saturday noon, power supply was resumed in 8,375 homes, or 76 percent of all affected in the blackout.Vegetables were on sale for the first time on Saturday, nearly a week after the mudslide buried the only vegetable market in Zhouqu.Local authorities ordered 8,400 kg vegetables from neighboring Longnan City and they were sold Saturday afternoon at the same or even lower prices prior to the disaster.Downpours from Wednesday night to Thursday morning have triggered severe floods and mudslides in Longnan, leaving 33 dead and 63 missing, local government said.A major road into the counties of Chengxian and Huixian in Longnan was reopened Saturday night after being damaged in the floods.More than 500 troops and 26 doctors have arrived in the hardest-hit Chengxian, where at least 20 people were killed and more than 10,000 residents had been relocated, to join in the rescue operations.In Gansu's neighboring province of Sichuan, floods and landslides triggered by heavy rains this week have killed at least 10 people and left another 57 missing.In Wenchuan of Sichuan alone, the epicenter of an 8-magnitude quake in May 2008 that left 87,000 people dead or missing, the floods had left 38 people missing by 3 p.m. Saturday.Some regions in Sichuan received a rainfall of more than 200 millimeters between Thursday and Saturday, prompting water levels in many major local rivers to rise above warning levels.Heavy rains also wrecked the eastern province of Shandong this week, forcing the evacuation of 204,500 people, damaging 547,100 hectares of crops, toppling 15,873 houses and causing a direct economic loss of 2.38 billion yuan (350 million U.S. dollars).China suffers the worst flood in at least a decade this summer. Floods and other rain-triggered disaster had left more than 2,300 people dead and further 1,200 missing nationwide this year.

PODGORICA, June 14 (Xinhua) -- Visiting senior Chinese legislator Chen Zhili Monday met separately with Montenegrin parliament speaker Ranko Krivokapic and Prime Minister Milo Djukanovic to boost bilateral ties.Chen, vice chairwoman of the Standing Committee of China's National People's Congress (NPC), said the Chinese and Montenegrin peoples enjoy traditional friendship, and ties between the two countries have maintained strong momentum of development.Parliamentarian exchanges play a positive role in promoting political mutual trust and practical cooperation between the two countries, she said.Communication between women is conducive to deepening mutual understanding and friendship between the two countries and peoples, she added.Chen also expressed her hope that both sides should make joint efforts to further push forward bilateral ties.Krivokapic reiterated his country's adherence to the one China policy, and appreciated China's respect for Montenegrin people's choice of development mode in line with the country's specific conditions. He said the Montenegrin parliament is ready to enhance exchanges and cooperation with China's NPC.Meanwhile, Djukanovic said Montenegro expects more fruitful cooperation in various fields, especially in trade and economy, noting the two countries have achieved fruitful results in cooperation in trade and economy, culture and tourism since they forged diplomatic ties.

BEIJING, June 26 (Xinhua) -- The Chinese Premier Wen Jiabao has warned local authorities to keep a sober mind in the face of the complicated economic situation, even though the economic recovery has strengthened over the last six months.Wen made the remarks during his two-day visit to Hangzhou, the capital city of east China's Zhejiang Province, which concluded on Saturday.He asked local officials to step up efforts to a keep close watch on the economy's development and find new problems quickly.During discussions with local authorities of the eastern provinces of Zhejiang, Jiangsu and the Shanghai municipality, Wen said the Yangtze River Delta, where the three regions are situated, should take the lead in choosing a development path featuring scientific nature, harmony, and integration.Chinese Premier Wen Jiabao (C) visits staff members of e-commerce company Alibaba in east China's Zhejiang Province June 25, 2010. Wen made an inspection tour in Zhejiang from June 25 to June 26."The Yangtze River Delta holds an important position in the country's national economy, it is necessary for the delta to strive to foster new edges and score breakthroughs in order to make new, greater contributions to the country's economic and social progress," said Wen.While urging efforts in fully implementing the legions of measures and policies worked out by the central government to step up and improve macro control and in advancing good and fast growth in economic and social development, Wen reiterated that the Yangtze River Delta should also work harder to speed up transfer in the mode for economic development.He also asked Jiangsu, Zhejiang and Shanghai to seize favorable chances brought along by the recent approval of the State Council, China's Cabinet,regarding the regional development blueprint calculated to bolster growth of the Yangtze River Delta in the forthcoming five years, and concentrate efforts on improving industrial structure and advancing integration in constructing major infrastructure projects, so as to expediate formation of an effective system for sustainable development.Wen stressed that it was imperative for local governments to work out effective measures to promote harmony between workers and businesses amid rising calls for wage increases.During his inspection to a local garment-making factory in Hangzhou, Wen encouraged the enterprise administrators to promote innovation and cut costs to make the products more competitive in more markets.When he visited Alibaba.com, a leading Chinese E-commerce company also based in Hangzhou, Wen emphasized integrity should always be the basis of business activity.