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BEIJING, Aug. 3 (Xinhua) -- Chinese Vice Premier Hui Liangyu has urged beefing up late rice planting in the wake of floods to ensure a good rice harvest.Hui stressed that soil in the flood-affected regions should be drained as soon as possible. Local authorities should restore damaged farmland to good conditions and make sure late rice is planted on time.In his recent instructions on late rice production and flood relief in agriculture, he also ordered local authorities to improve service for farmers and ensure seeds are supplied for planting.Efforts should also be made to strengthen field management and to intensify disaster and pest disease prevention, said Hui.As of July 21, more than 7 million hectares of farmland in China had been destroyed by torrential rains and floods, according to data from the State Flood Control and Drought Relief Headquarters.
BEIJING, June 10 (Xinhua) -- China's foreign exchange regulator said Thursday it will strengthen monitoring of cross-border capital flows to reduce risk.The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign Exchange (SAFE) said in its annual report on management of foreign exchange posted on its website.It will also enhance its monitoring of abnormal cross-border capital flows by cracking down on illegal private banks and internet-based speculation in foreign exchange.The SAFE will maintain a prudent approach to managing foreign currency reserves and will continue to improve its diversification strategy.China's balance of payments continue to expand, albeit slowly, despite the impact of the global financial crisis.At the end of 2009, China's foreign exchange reserves hit 2.4 trillion U.S. dollars, a 453 billion U.S. dollar increase from the end of 2008.China had gold reserves of 1,054 tonnes at the end of last year, the fifth largest in the world.Although gold has commodity and monetary properties, the global gold market is relatively small and illiquid, the report noted, adding that because of its volatile price and high cost of holding and trading, gold has limited utility in asset allocation.

BEIJING, Aug. 18 (Xinhua) -- Chinese President Hu Jintao met here Wednesday with Singapore President S.R. Nathan. They praised the development of bilateral ties and pledged to further cooperation."We attach great importance to the relations with Singapore," Hu told Nathan during the meeting at the Great Hall of the People, saying that China-Singapore relations had witnessed remarkable development since the two forged diplomatic ties 20 years ago."We applaud Singapore's adherence to the one-China policy and its support to our national reunification," Hu said.Hu said that China would work with Singapore to enhance political mutual trust and actively carry out the China-Singapore and China-ASEAN (the Association of Southeast Asian Nations) free trade agreements.He also expressed his hope that the two nations would increase bilateral cooperation in the high-tech and human resources sectors to achieve mutually successful results and common development.Nathan said China's economic growth was conducive to Singapore and the region at large. He welcomed more Chinese businesses to invest in his country and conduct mutually beneficial cooperation.The two presidents spoke highly of the development of the Suzhou Industrial Park and the Tianjin Eco-City in China as landmark projects of China-Singapore cooperation.Speaking on behalf of the Singaporean government and people, Nathan extended his sympathy to the Chinese people in the mudslide-hit areas in Zhouqu County in Gansu.
BEIJING, June 17 (Xinhua) -- Chinese Premier Wen Jiabao held talks with his Mozambican counterpart Aires Bonifacio Baptista Ali here on Thursday, vowing to facilitate bilateral cooperation in energy, mine exploration and agriculture fields.Wen hailed the progress of bilateral relations since diplomatic ties were forged 35 years ago, saying that the two countries always had supported each other's core interests and major concerns.China values its relations with Mozambique and hopes to maintain high-level exchanges with the country and enhance consultations at various levels, Wen said.He stressed bilateral coordination within the framework of the Forum on China-Africa Cooperation and other international organizations including the United Nations.Chinese Premier Wen Jiabao (R) shakes hands with his Mozambican counterpart Aires Ali in Beijing, China, June 17, 2010.Ali, who is on a six-day China tour, appreciated China's support to his country in its national independence cause and country building.He told Wen that Mozambique attaches great importance to its relations with China and firmly adheres to the one-China policy. He invited more Chinese companies to invest in his country.In response, Wen said China encourages reliable and promising Chinese companies to invest in Mozambique, calling on both sides to explore cooperation in energy, agriculture and mine exploitation.The Chinese premier said China had offered unconditional economic and technological aid to Mozambique over the years, vowing to continue to help the country improve its people's living standards.Ali arrived in Beijing on Wednesday to start his working visit to China. Besides Beijing, he will also visit central China's Hubei Province and Shanghai.
CHANGSHA, July 4 (Xinhua) -- Chinese Premier Wen Jiabao has warned that China's macro economic control policy is facing mounting difficulties with the severity of the international financial crisis and the unpredictable nature of the global economic recovery."China's current economy remains good, but the domestic and international environment is extremely complicated," Wen said while addressing a symposium held Saturday in Changsha, capital of central China's Hunan Province.The symposium, which was presided over by Premier Wen, was thrown to feature economic situation in three provinces of Hubei, Hunan and Guangdong.At the symposium, Wen reiterated the government's stance in maintaining the continuity and stability of macro economic policies, and making these macro policies more flexible and targeted.Wen said the government would "work to promote stable and relatively fast domestic economic growth, restructure the economy and manage inflation expectations to ensure the government's goals for 2010 are met."The government would endeavor to resolve long-term structural problems while targeting urgent issues, Wen said.Before the symposium, Wen also inspected flood prevention and control efforts in parts of Hunan Thursday, and moved on to Changsha, the provincial capital, to visit a number of other venues including companies ranging from machinery, outsourcing to animation companies Friday.While inspecting the companies, Wen enquired about their business, employment and social security, and encouraged them to step up innovation."An internationally competitive enterprise needs products of the best quality, world-leading patent technologies and generations of excellent staff," Wen said when talking with employees in Sany Group, a Changsha-based leading Chinese engineering machinery manufacturer.Wen talked with employers and job hunters at a job market in Changsha. He told a female university student named Yan Youping that the priority for university students was to study hard and grasp skills at school, and students should be clear about personnel demands and be prepared.
来源:资阳报