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WASHINGTON, April 24 (Xinhua) -- China's central bank chief on Friday called for the International Monetary Fund (IMF) to accelerate its process to shift its quota to emerging market and developing countries."The quota structure is the core issue in Fund governance. The severe underrepresentation of emerging market and developing countries in the IMF seriously affects the Fund's legitimacy and effectiveness, and must be promptly corrected," said Zhou Xiaochuan, governor of People's Bank of China at the IMF and its sister institution -- the World Bank's spring meeting in Washington.The Group of 20 (G20) Pittsburgh Summit in September had called for a shift of at least 5 percentage points, and protection of the voting rights of the poorest countries before January 2011.But so far the quota adjustment process is slow. The previous quota reform, which was already approved by the IMFC -- the IMF's steering committee -- in 2008, has not been completed until now.Zhou said that the IMF is a quota-based institution, and quotas should be its primary resource.He emphasized that quota adjustment and reform is not a zero- sum game. "A Fund with a more reasonable governance structure will be better able to protect global economic and financial stability which will benefit all member countries. We urge the Fund to accelerate its work, and complete quota reviews on schedule in accordance with the G20 Pittsburgh Summit and IMFC objectives," Zhou said.According to the IMF's latest World Economic Outlook report, growth speeds of developing countries are much faster than the advanced economies, meaning their weight in the global economy is increasing dramatically.However, quota of the developing countries in the IMF is underrepresented."We expect the review to leave no member's quota share severely misaligned," Zhou said.
BEIJING, May 7 (Xinhua) -- Senior Chinese leaders He Guoqiang and Zhou Yongkang on Friday urged the country's prosecutors to stick to just and incorrupt work practices.The fight against corruption is still very difficult and the campaign of building a clean-fingered Party and government should be firmly pushed forward, said He, member of the Political Bureau Standing Committee of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC. He Guoqiang (L Front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, visits an exhibition showcasing the development of China's prosecution system, in Beijing, capital of China, May 7, 2010.He made the remarks when visiting an exhibition showcasing the development of China's prosecution system.

BEIJING, March 27 (Xinhua) -- China's Ministry of Land and Resources (MLR) said Saturday it would assemble more than 1,100 engineers and workers from across the country to dig over 1,600 wells in the country's southwest, where a severe drought is likely to continue.All of those professionals would be arriving at the droughty areas by April 1 and the first batch set off on Saturday, said the MLR in a statement on its website.More than 1,600 wells would be drilled, providing 200,000 cubic meters of drinking water per day for 2 million people and 1 million head of livestock, said the ministry, hoping to finish digging 1,400 of the wells by May 10.So far, the MLR has already dug over 100 wells, which can produce drinking water for more than 100,000 people.The drought, which has left southwest China suffering since last Autumn, would likely continue till May as no substantial rainfall was expected ahead of the rainy season, according to meteorological agencies.It has left 18 million residents and 11.7 million heads of livestock in the region with drinking water shortages and caused direct economic losses of 23.7 billion yuan (3.5 billion U.S. dollars), data from the Ministry of Civil Affairs showed.
BEIJING, April 22 (Xinhua) -- China's top food safety authority issued new regulations Thursday, setting more stringent requirements on the use and the approval of food additives.The Ministry of Health's "Regulations of New Food Additives," published on its website, set six new restrictions on the use of food additives.The new regulations forbid the use of food additives to mislead consumers about the content and quality of food or to fake food content.Using food additives to disguise decaying and bad quality food is also forbidden.Under the new regulations, food producers are required to use the minimum amount of necessary food additives, and are not allowed to use those that would reduce the nutritional value of food.The ministry would approve new food additives, only if they are proved to be necessary in food production and safe for humans in tests organized by the ministry, the new regulations stipulate.The ministry must conduct reassessments of the safety of its approved food additives, when their necessity and safety are questioned by new research results.The new regulations takes effective Thursday.Food quality in China has been a major concern after a series of scandals.In 2004, at least 13 babies died from malnutrition in the east China's Anhui Province and another 171 were hospitalized, after consuming infant milk powder that contained too little protein.In November 2006, the country's food safety authorities found seven companies producing salted red-yolk eggs with cancer-causing red Sudan dyes to make their eggs look redder and fresher.And in 2008, six babies died and 300,000 others fell ill after being fed with baby formula made from milk contaminated with the industrial chemical melamine.
ISLAMABAD, March 30 (Xinhua) -- A Chinese embassy official Tuesday called on an official of the Pakistan Red Crescent Society (PRCS) to donate 30,000 U.S. dollars on behalf of the China Red Cross Society (CRCS) to assist the residents affected by the landslide in northern Pakistan early this year.Muhammad Ilyas Khan, PRCS secretary general, asked Yao Jing, counselor of the Chinese embassy to Pakistan, to convey his appreciation to the CRCS for its generous donation to Hunza, Gilgit-Baltistan due to the landslide in January, 2010.He said that Chinese friends always extend assistance to Pakistan in difficult times and Pakistan is proud of its friendship with China.At present, the local government and PRCS are working hard to provide relief to the villages. The government is also trying to control the damage and tackle with the challenge caused by the lake in the area.On January 4, a serious landslide occurred in Gilgit-Baltistan and formed a huge barrier lake. The slide blocked over 20,000 local residents in Upper Hunza from outside. The Pakistani government is conducting the rescue and relief work . On January 19, at the request of the Pakistani government, the Chinese side made special arrangements to open the Kunjirap border and facilitate the purchase of relief goods from China and its clearance.The China Road and Bridge Corporation, which is conducting the project of upgradation of the Karakoram Highway, has also provided engineering consultations and equipment to help the Pakistani side to deal with the problem.
来源:资阳报