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YUSHU, Qinghai, April 19 (Xinhua) -- Chinese President Hu Jintao visited quake-hit Yushu in northwest China's Qinghai Province Sunday, vowing to help victims rebuild their homes as most of them now settle in tents with basic needs met.The 7.1-magnitude quake, which struck the Tibetan Autonomous Prefecture of Yushu Wednesday morning, had left at least 1,706 dead, 256 missing and 12,128 injured, as of 10 a.m. Sunday.THERE WILL BE NEW HOMESIn a morale-raising visit to quake-hit Yushu, Hu assured locals of new homes and schools and steadfast relief work."There will be new schools! There will be new homes!" Hu wrote in chalk on a blackboard in a makeshift classroom in a tent of orphaned students.The president led the students in reading aloud the words he wrote on the blackboard. Chinese President Hu Jintao(C)speaks to soldiers of the Chinese People's Liberation Army and policemen carrying out relief work at Zhaxike Village of Gyegu Town in quake-hit Yushu County,northwest China's Qinghai Province, April 18, 2010.The Yushu School for Orphans visited by Hu was the first one to resume classes. A total of 60 primary and middle school students and more than 10 teachers sang the national anthem before classes began at 3:30 p.m. Saturday.The president also talked to an injured Tibetan man in a medical tent."The Party and the government care about all the victims of the quake. Doctors will give you meticulous treatment...The party and the government will help with a new home...You should have confidence and recover," Hu said as he held the injured man's hands.The Tibetan man replied, "Thank you, General Secretary. Tashi Delek!" (Tashi Delek means good luck in Tibetan)Hu's plane landed at Yushu's Batang Airport Sunday morning after an over-three-hour flight from Beijing.The president, who returned to China Saturday from a shortened visit to Latin America, headed for worst-hit Gyegu Town in Yushu immediately after landing.CONCERTED RELIEF EFFORTS CONTINUEChinese rescuers have saved a 68-year-old man who was trapped under earthquake rubble for 100 hours.The old man was rescued at about 11 a.m. Sunday in Gyegu Town, Yushu, and his condition appeared stable, rescuers said. The man was later taken to hospital.Rescuers had saved 17,000 trapped people and a total of 6,870 people had been pulled out from under the rubble of collapsed buildings, among whom 6,110 survived, Miao Chonggang, deputy head of the China Earthquake Administration's quake relief and emergency response department, told a press conference.Miao said currently more than 15,000 rescuers, including over 11,000 from the People's Liberation Army and armed police, 2,800 firefighters and special police forces, and 1,500 earthquake and mine accident rescuers, are still searching for quake survivors in Yushu.

YUSHU, Qinghai, April 25 (Xinhua) -- The death toll from a 7.1-magnitude earthquake in northwest China's Qinghai Province on April 24 has climbed to 2,203, the rescue headquarters said late Saturday.As of 5 p.m. Saturday, 73 people were still missing, the headquarters said.Civil affairs authorities in Qinghai also said Saturday they would raise the monthly allowance for orphaned children, widowed elderly and disabled people in the wake of the quake.Ma Danzhu, head of the disaster relief division under the provincial department of civil affairs, said the monthly allowance would be raised to 1,000 yuan (146 U.S. dollars) per person, from 600 yuan as normal standard, for three months.Families of the dead, including locals and migrant workers, also will receive 8,000 yuan in subsidies for each death, according to a policy announced earlier.

BEIJING, April 18 (Xinhua) -- The international community is continuously voicing support for China's relief efforts and praising the government's quick response to the strong quake which hit the country's Qinghai province on Wednesday.Condolences kept on pouring in on Saturday and Sunday from leaders of foreign countries and international, regional organizations, who sent messages of support to the Chinese government and people via phone calls, letters and other ways of communications with the Chinese leaders.Expressing his sympathy, Emperor of Japan Akihito said he was deeply saddened by the heavy casualties and property losses in the quake and wished people in quake zones could quickly rebuild their homeland.Irish President Mary McAleese expressed condolences to the Chinese people, and believed that the unity of the Chinese people would render the most powerful support to the recovery of the affected region.Dutch Prime Minister Jan Peter Balkenende said he appreciated the Chinese government's all-out efforts to carry out relief work under extremely difficult circumstances and hoped people in disaster areas could turn grief into strength, and overcome the disaster as soon as possible.Macedonian President Gjorge Ivanov said he believed that with solidarity and unity, the Chinese people would overcome this disaster.

BEIJING, May 17 (Xinhua) -- The Chinese government is pushing for the restructuring of major state-run news portals - including cctv.com and xinhuanet.com - to allow them to "establish a modern enterprise system," launch initial public offerings (IPO) and abandon the "iron rice bowl" concept.Ten major news portals are involved in a pilot restructuring project: the websites of state broadcasters China Central Television, Xinhua News Agency, People's Daily, Beijing's qianlong.com, Tianjin's enorth.com.cn, Shandong's dzwww.com, Shanghai's eastday.com and Zhejiang's zjol.com.cn among others.The websites are currently affiliated to news organizations run by central and local governments.According to a symposium on the restructuring work Monday in Changsha, capital of central China's Hunan Province, the restructuring plans for people.com.cn and xinhuanet.com have been approved.The pilot project, initiated last October, covers shareholding reform, establishment of a modern enterprise system and IPOs to "strengthen the competitiveness" of the news portals.According to the symposium, the website operators have actively engaged in the development of search engines, cell phone news services, cell phone TV services, Internet TV, e-commerce, online cartoon games and other new media areas, which have strengthened their capacities.The operating income of people.com.cn and xinhuanet.com have witnessed "big growth," the symposium said.Domestic commercial news portals like sina.com.cn and sohu.com are listed overseas.The step is part of Chinese government's efforts to reform China's cultural industry in a bid to promote Chinese media and cultural enterprises' global influence and boost the nation's soft power.

GOTEBORG, Sweden, March 28 (Xinhua) -- China's Zhejiang Geely Holding Group signed a deal worth 1.8 billion U.S. dollars with Ford Motor Co. here Sunday to acquire the U.S. auto giant's Volvo car unit.Under the definitive stock purchase deal, Geely will own 100 percent of Volvo Cars and its related assets.The agreement was inked by Li Shufu, founder and chairman of Geely, and Lewis Booth, chief financial officer of Ford, at a ceremony at the headquarters of Volvo in Goteborg, the second largest city of Sweden. Geely Chairman Li Shufu attends a press conference after the signing ceremony in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.The ceremony was witnessed by Li Yizhong, China's minister of industry and information technology, and Maud Olofsson, Swedish deputy prime minister and minister for enterprise and energy.The agreement provides a solid foundation for Volvo to continue to build its business under Geely's ownership, said Booth at the ceremony."China, the largest car market in the world, will become Volvo's second home market. Volvo will be uniquely-positioned as a world-leading premium brand, tapping into the opportunities in the fast-growing China market," said Li.Geely has secured all necessary financing to complete the transaction, he said, adding that Geely intends to preserve Volvo Cars'existing manufacturing facilities in Sweden and Belgium, and explore opportunities to manufacture Volvo vehicles in China for the local market. Geely Chairman Li Shufu (FRONT L) shakes hands with CFO of Ford Motor Company, Lewis Booth (FRONT R) after signing a deal in Goteborg of Sweden, March 28, 2010. China's Zhejiang Geely Holding Group signed a deal with Ford Motor Co. here on Sunday on the takeover of Sweden's Volvo Cars.Li promised that Geely will maintain the strong collaborative relations that Volvo has built with employees, unions, suppliers, dealers and above all, customers.Volvo Cars will eventually become a separate company with its own management team based in Goteborg and a new board of directors, he told reporters after the ceremony.Volvo, which has about 22,000 workers around the world including 16,000 in Sweden, was purchased by Ford in 1999 for about 6.4 billion dollars.But Ford has been attempting to sell Volvo since late 2008, due to its poor market performance. Geely was named as the preferred bidder for the Swedish subsidiary in October 2009.Geely, which started to manufacture cars in 1998, is a major private automaker in China, with its headquarters based in southeast China's Zhejiang province. Geely Holding Group is the parent company of Geely Automobile Holdings.Besides Ford, some other Western auto giants are also seeking buyers in China. Beijing Automotive Industry Holdings has agreed to buy some powertrain technology from General Motors Co.'s Swedish Saab unit.