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BEIJING, June 9 (Xinhua) -- Donations for quake relief in Yushu,northwest China had hit 7.529 billion yuan (1.1 billion U.S. dollars) in cash and material, according to the Ministry of Civil Affairs Wednesday.The donations included nearly 6.8 billion yuan in cash and materials worth 730 million yuan, said a statement from the ministry.The 7.1-magnitude earthquake that hit Qinghai Province's Yushu prefecture on April 14 had left 2,698 dead, with 270 people still missing, said Zhang Guangrong, vice governor of Qinghai, on May 31.
WUXI, Jiangsu, June 20 (Xinhua) -- Yuan Longping, known as the "father of hybrid rice", said on Sunday that his team was working on a new version of high-yield hybrid rice and might complete it in 2012.Yuan, director of the National Hybrid Rice Engineering Technology Research Center and a faculty member of the Chinese Academy of Engineering, made the remarks at the World Expo's third theme forum, which opened on Sunday in Wuxi, in east China's Jiangsu Province.The new hybrid, the phase-III super hybrid rice, was expected to yield 13.5 tonnes of rice per hectare, Yuan said.The previous hybrid, the second-generation super hybrid, was released for commercial production in 2006, yielding 9 tonnes of rice per hectare, on averageRice is a major food crop that feeds more than half of the world's population, Yuan said.China is now planting 440 million mu (29 million hectares) of rice per year, with an average output capacity of 6.3 tonnes per hectare.Among the acreage, hybrid rice accounts for about 57 percent of the total, with an average output capacity of 7.2 tonnes per hectare."The average yield of hybrid rice is at least 20 percent more than that of inbred rice, feeding 70 million more people annually," Yuan said.China is faced with a challenging grain situation this summer because of strong rainfalls in the south during the summer harvest season. Other problems include droughts in northern grain production areas and lingering low temperatures in the south.According to the Ministry of Agriculture, 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 in 2009, which was 2.6 million tonnes more than the previous year."Hybrid rice will play a key role in ensuring food security worldwide in the new century," Yuan said."If 50 percent of the world's rice paddies were planted with hybrids, rice production could be increased by another 150 million tonnes, and 400 to 500 million more people could be fed," he said.Yuan believes food security is "a war people can not afford to lose" ."The global economic downturn will always end, but food security is the problem we have to face every second," Yuan said.Statistics from the United Nations showed about 1 billion people were suffering from hunger and malnutrition and every six seconds saw a child dying of hunger or related diseases.With the theme "science & technology innovation and urban future", the two-day forum focuses on innovations in science and technology.The previous two theme forums of the World Expo centered on communications and cultural heritages.Yuan started working on hybrid rice in 1964."I often drive my car to go to rice paddies to do research," said the 80-year-old, "The only difference is that when I was young, I rode a bicycle or motorcycle ....you could attribute it to improving life."Hybrid rice has also been commercialized in other countries, including India, Vietnam, the Philippines, Bangladesh and the United States."For the benefits of the world' s people, we are well prepared to help other countries develop hybrid rice," he said.
BEIJING, June 22 (Xinhua) -- Chinese Foreign Minister Yang Jiechi and UN Secretary-General Ban Ki-moon exchanged views on the Kyrgyz situation and other issues of common concern during a phone conversation Tuesday.Clashes broke out between Kyrgyz and ethnic Uzbeks in mid-June in the southern Kyrgyz city of Osh and later spread to the region of Jalalabad, killing at least 214 and displacing thousands of others.
ASHGABAD, June 17 (Xinhua) -- He Guoqiang, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, arrived here Thursday to start an official and good-will visit to Turkmenistan.In a written statement upon his arrival, He Guoqiang said Sino-Turkmen relations were time-tested, and the countries' political trust and economic and trade cooperation has been strengthened since they forged diplomatic ties 18 years ago.The two countries have supported each other in international organizations on issues concerning each other's core interests, he said.He Guoqiang, also secretary of the CPC's Central Commission for Discipline Inspection, had a transit visit to Azerbaijan before arriving in Ashgabad.During his stay in Baku, capital of Azerbaijan, He Guoqiang met with Prime Minister Artur Rasizade on Wednesday.He Guoqiang said he was visiting for friendship and cooperation, and China valued its relationship with Azerbaijan, respected the way of development that Azerbaijan has chosen according to its own situation. He appreciated Azerbaijan's adherence to the one-China policy.
BEIJING, June 23 (Xinhua) -- Chinese banks should set up an independent risk management system in line with its strategic expansion plan as part of efforts to ward off financial risks, China's banking regulator said Wednesday.The breakout of the global financial crisis highlighted the necessity of increasing management of differentiated sovereign risks, the China Banking Regulatory Commission said in a guideline published on its website.Just as Chinese banks were expanding throughout the world, the overseas risks they were facing were on the rise, the guideline noted.Sovereign risks refer to ones that banks are exposed to when overseas borrowers or debtors are unable to repay debt because of their countries' economic, political and social changes.Chinese lenders were required to differentiate risks according to the countries involved and make policies on the minimum potential loan loss provisions ranging from 0.5 percent to 50 percent, according to the guideline.The banks must meet the requirements under the guideline by June 1, 2011.