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BEIJING, March 25 (Xinhua) -- Local authorities in southwest China are moving to clamp down on food price hikes as the worst drought in decades shows no sign of easing.Authorities in Guiyang, capital of the poverty-stricken mountainous Guizhou province, have indicated they would step up price monitoring and crack down on price gouging.Vegetable vendors will be fined up to 100,000 yuan (14,650 U.S. dollars) if they are found involved in jacking up vegetable prices. The maximum fine for businesses is 1 million yuan.In Kunming, capital of the hardest-hit Yunnan province, the local government is monitoring food prices and supply on a daily basis. Local price control and industry and commerce authorities have launched campaigns to crack down on food hoarding and price gouging.Local governments in their neighboring regions have taken similar measures to prevent huge rises in prices of grain, edible oil, and vegetables.The dry weather has been ravaging southwest China for months, affecting 61.3 million residents and 5 million hectares of crops in Guizhou, Yunnan, Sichuan, Chongqing, and Guangxi.The worsening drought has damaged wide swathes of vegetables and sparked sharp price hikes. Many vegetable prices have more than doubled.Hou Junfa, a purchasing manager in a hotel in Nanning, capital of Guangxi, said vegetable prices continued to surge even after the Chinese Lunar New Year when prices usually fall.Wang Wenying, a wholesaler in Nanning, said that prices of onion and potato continued to rise because of output declines in Yunnan, a main vegetable producing region.The price hikes have resulted in increases in household expending.A local resident in Nanning, surnamed Yang, said he spent five yuan more on vegetables than a month ago.Some residents choose to buy cheaper vegetables to cut household expending.Amid other efforts to curb huge price rises, the local governments have also started importing vegetables from non-drought-stricken regions to increase supply.Authorities in Kunming earlier in the week bought 250 tonnes of wax gourd, pumpkin, and eggplant from other regions to ease supply shortage in local markets.Prices of grain, including the staple food rice, has recorded relatively moderate gains of about 10 percent.Some sellers, taking advantage of the lingering drought, have started increasing their rice prices in some cities.The drought has caused speculation of further inflation rises as it has damaged hundreds of millions hectares of crops and disrupted spring planting as well.But prices are expected to stabilize as grain is being sent to the drought-stricken regions. China has sufficient grain stock after six years of bumper harvests."The drought has limited impact on China's grain output as the five regions account for a small portion of the country's total output," according to a research note of Dongxing Securities.In addition, the main grain production base in the Northeast is seeing better weather conditions than this time last year.The disaster, however, is set to reduce production of fresh flowers and sugar cane as Yunnan and Guangxi are the main producers of the crops.Retail prices of fresh flowers, as a result, have risen by about 50 percent in many Chinese cities.The decline in sugar cane production would cause China's white sugar output to decline to 11 million tonnes this year, 9 percent lower than the projection in November, the China Sugar Association said.The drought, the worst in 100 years in Yunnan and parts of Guizhou, would likely to continue till May as no substantial rainfall was expected ahead of the raining season, according to meteorological agencies.It has left 18 million residents and 11.7 million head of livestock in the region with drinking water shortages and caused direct economic losses of 23.7 billion yuan, the Ministry of Civil Affairs said Wednesday in a statement.(Xinhua correspondents Wang Mian in Guangxi, Li Qian, Li Huaiyan in Yunnan, Wang Li in Guizhou also contributed to the stroy.)

XINING, April 26 (Xinhua) -- China's top political advisor Jia Qinglin visited quake survivors and rescuers during a trip to the quake-hit Yushu in northwest China's Qinghai Province on Monday."The government will go all out to rebuild the quake zone," Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, told villagers from Yushu County, where the epicenter lies.Jia also met with representatives of monks who joined the rescue. He said the monks showed patriotism and compassion in their proactive role in quake relief work and called on them to continue to bring spiritual support to the quake survivors. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, talks with local residents who have sufferd the earthquakes in quake-hit Yushu County, northwest China's Qinghai Province, on April 26, 2010.In the devastated Gyegu Township, Jia praised rescuers from the army and police forces as the "main force" of the rescue work and encouraged them to keep on striving for new merits in quake relief."As the people's soldiers, you showed great valor and heroism in rescuing quake survivors with outstanding performance," he said.In a local hospital of Xining, Jia recognized medical workers' efforts in treating quake survivors and stressed the importance of preventing epidemics in the quake zone.
BEIJING, May 8 (Xinhua) -- Chinese Vice Premier Li Keqiang has called for developed nations to assist the developing world in its green economy endeavor by technology transfer, financial assistance and market liberalization.Green economy offers a new model where people could both protect the climate and develop the economy, said Li at the International Cooperative Conference on Green Economy and Climate Change here Saturday.Li urged countries across the world to focus on developing new energies and promoting the development of energy-saving and environmental protection industries.Li encouraged people to live in a more energy-saving and low-carbon way, citing a "green consumption" concept. Chinese Vice Premier Li Keqiang delivers a speech on the opening ceremony of International Cooperative Conference on Green Economy and Climate Change in Beijing, capital of China, May 8, 2010.He said international cooperation in the framework of green economy and climate change is crucial to the recovery of global economy and the sustainable development of Chinese economy.With a theme of "Low carbon, New energy and Sustainable development," the conference was organized by the China Center for International Economic Exchanges. The conference has invited leaders, environment officials and entrepreneurs from
BEIJING, May 10 (Xinhua) -- China will conduct consultations with the European Union on the steel fastener trade dispute in line with the rules of the World Trade Organization's disputes settlement system, said an official with the Ministry of Commerce Monday.China's anti-dumping investigation into carbon-steel fastener imports from the EU was based on Chinese regulations and the assessment of the harm to the domestic industry, said the official.The remarks came after the EU filed a complaint Sunday against China at the World Trade Organization over Beijing's decision to impose anti-dumping measures against carbon-steel fastener imports, which included self-tapping screws, bolts and gaskets.Chinese fastener importers were required to pay a deposit to customs based on the margins -- ranging from 16.8 to 24.6 percent -- between the normal value of the products and the alleged dumping price since Dec. 28, 2009.Initial investigations by the Chinese authorities showed the EU had allegedly dumped carbon-steel fasteners on the Chinese market, which caused substantial damage to the local industry.The temporary anti-dumping measures were adopted to safeguard the legitimate rights and interests of the domestic producers, the official said.China started an anti-dumping probe into EU carbon steel fasteners on Dec. 29, 2008, after an application for a probe by the fastener branch of the China General Machine Components Industry Association on behalf of Chinese fastener producers.
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