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MOSCOW, Jan. 21 (Xinhua) -- Russian and Chinese companies started construction of an iron ore dressing plant Friday in the Evreyskaya Autonomous Oblast to provide high-grade iron ore to the Asia Pacific region, including China.Yury Makarov, chief executive officer of IRC Ltd., told Xinhua the plant would reach its designed capacity in 2013 at 10 million tons of iron ore and 3.2 million tons of iron ore concentrates, which contain up to 65 percent iron.Makarov said that 20 percent of the iron ore concentrates, which are natural iron ore processed through crushing, grinding and dressing, would be used to meet demands of Russia's far east and the rest would go to the Asia-Pacific market. Currently, China imports large amounts of concentrates from Brazil, Australia and India."We are very open to interaction with various countries of the Asia-Pacific region, especially China. The volume of processed iron ore has been increasing every year. We will be happy to deliver iron ore to your companies as well as any other consumers who are willing to purchase our products," he said.The plant will draw its resources from the Kimkanskoye and Sutarskoye deposits and send its products through the Khabarovsk Krai and the Suifenhe port to China.The plant is only 7 km from the Trans-Siberian Railway. A railway bridge is being planned between Evreyskaya Oblast and Heilongjiang to further shorten the supply route.Total investment in the plant is 400 million U.S. dollars, with 340 million in loans from the ICBC (Industrial and Commercial Bank of China) in China. Interest under the facility will be charged at 2.8 percent above LIBOR per annum. The China National Electric Engineering Co, Ltd is tasked with the construction of the plant.Makarov said he was very optimistic about the future of the plant and the development of relations between the Russia's far east and China's northeastern region.IRC Ltd. is a metal unit of Russian gold miner Petropavlovsk PLC. It became the second Russian company to be listed on the HK stock exchange, when it started trading on Oct. 21.
KAMPALA, May 14 (Xinhua) -- The deadly Ebola hemorrhagic fever has broken out in Uganda, killing one person and leaving over 30 others being monitored by health officials, ministry of health announced here on Saturday.The epicenter of the outbreak is in the central Ugandan district of Luwero located about 50 km north of the capital Kampala.According to Anthony Mbonye, head of the community health department at the ministry of health, a 12 year old girl in Zirombwe Sub-county developed symptoms of Ebola and when she was admitted at a military hospital in the district, laboratory test confirmed that it was Ebola.The Ebola virus is highly contagious and causes a range of symptoms including fever, vomiting, diarrhea, generalized pain or malaise and in many cases internal and external bleeding.The girl died on May 6 and about 30 people who she got contact with are being asked to not get into contact with the public as health officials monitor them for about 21 days.The 30 people have not yet developed the symptoms but if they do, they will be isolated from the public.Mbonye said that preliminary investigations have showed that this Ebola virus is similar to the one that broke out in Sudan, thus named Sudan Ebola.The epicenter of the outbreak is also located along the high way to southern Sudan.This viral subtype has a human case fatality rate of 60 percent meaning that it will kill 60 percent of the infected people.The other subtype is the Congo Ebola which also attacked Uganda in 2007. This one has a human case fatality rate of over 80 percent.The 2007 outbreak which occurred in the western district of Bundibugyo bordering eastern Democratic Republic of Congo claimed 37 lives out of the 148 infected.Mbonye said that there also ongoing investigations to find out whether the index case got into contact with moneys or bats, the known reservoirs of the Ebola virus.Following the outbreak, government has reactivated the National Ebola Task Force (NETF) to coordinate the fight against the disease at the national level.District task forces are also in the process of being formed according to Mbonye, who is the chairperson of the NETF.
BEIJING, Jan. 20 (Xinhua) -- Major foreign media have been positive in their coverage so far of Chinese President Hu Jintao's four-day visit to the United States, which began Tuesday.AP said Obama was lavishing the grandest of White House welcomes on Hu as the leaders of the two powers looked for common ground on economic and security issues without alienating their domestic audiences."I absolutely believe China's peaceful rise is good for the world, and it's good for America," Obama said.The Washington Post said Obama stated several times that the United States does not fear a stronger China and that Washington has no interest in blocking Beijing's emergence as a superpower.Chinese President Hu Jintao speaks at a welcoming ceremony held by U.S. President Barack Obama on the South Lawn of the White House in Washington, the United States, Jan. 19, 2011It also said Hu's visit, in addition to serious policy matters, featured a fair amount of glitz. He arrived at the White House to a 21-gun salute and was sent off with a state dinner.The Wall Street Journal said President Obama is looking to assure Americans that they should not fear China's economic rise, using Chinese President Hu's high-profile state visit to announce job-creating business deals worth billions of dollars to U.S. companies.The two sides played down differences and stressed areas of cooperation, ranging from a plan to cooperate on nuclear security to an extension of the loan of two Chinese pandas to Washington's zoo.CNN said at a joint news conference held by the two leaders, Obama praised a "spirit of cooperation that is also friendly competition." President Hu told reporters the countries' relationship is based on "mutual respect and mutual benefit."Obama stressed common interests between the nations while toasting the Chinese leader at the White House, CNN said.VOA said dozens of business deals this week will increase U.S. exports by more than 45 billion U.S. dollars and increase China's investments in the United States by several billion dollars.AFP said that, during Hu's visit, the United States and China had announced a raft of trade deals worth 45 billion dollars. The deals, spanning sectors as diverse as agriculture, gasification, railways and hybrid buses, would support 235,000 U.S. jobs."The scope of Wednesday's deals were seen as evidence of the rapidly deepening business links between the two countries," AFP said.The Los Angeles Times said in its report that two leaders "unapologetically acknowledged major differences on economic issues and human rights" in a White House summit Wednesday, but also pledged cooperation to stabilize relations between the world's two largest economies.Obama said the United States hoped to benefit from China's "rapid and peaceful" growth, the report said.The Times of India said, "China's President Hu Jintao arrived in Washington on Tuesday on a four-day U.S. visit that is being watched in every capital on the planet."O Estado de S. Paulo, a local daily newspaper in Brazil, quoted President Hu's words, saying that China and the United States "stand to gain from a sound China-U.S. relationship, and lose from confrontation," thus they needed to discard the "Cold War mentality."The newspaper also said the two nations both hoped to take the visit as an opportunity to rebuild mutual trust despite some frictions over the past year.
PYONGYANG, Feb. 14 (Xinhua) -- Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK), met Chinese Minister of Public Security Meng Jianzhu here on Monday.Kim said it was the consistent stand of the Worker's Party of Korea (WPK) and the government and the firm will of the people to develop the traditional DPRK-China friendship generation after generation.The DPRK is sincerely happy to see the great achievement China has made and wish that the Chinese people make even more progress, Kim said.Meng, also a State Councilor, said the traditional friendship between the two neighboring countries has strengthened through the ages. He expressed his expectations of inheriting the friendship, deepening communications and cooperation in various areas and promoting the China-DPRK friendship.Ri Yong Ho, Presidium of Political Bureau of Central Committee of WPK and chief of the Korean People's Army General Staff, also met Meng on the same day.Ju Sang Song, a member of the Political Bureau of Central Committee of the WPK and Minister of People's Security, met Meng on Sunday. The two achieved consensus on making more efforts to develop cooperation and communications on public security to make active contributions to the traditional China-DPRK friendship. An agreement on cooperation between the the two security ministries was signed after the meeting.Meng arrived at Pyongyang on Sunday at the invitation of Ju Sang Song.
BEIJING, March 19 (Xinhua) -- In spite of the fact that snow still covers his farmland, Jiang Chen has been busy stocking fertilizers and seeds to prepare for the coming spring farming season."I am almost ready for the sowing," said Jiang, a 64-year-old peasant who farms five hectares of cropland in Liujia Township in Yushu City, northeast China's Jilin Province. "But the costs are rising so I still want to look for better seeds providing a higher yield this year."As the Chinese government continued policies to assure a good grain harvest this year, millions of farmers like Jiang in China's major grain-producing regions such as Jilin, Heilongjiang, Shandong and Henan provinces are now gearing up to finalize preparations for the coming sowing season.The central government's incentives in 2011 include increases in minimum rice purchase prices by 9.7 percent to 21.9 percent from last year, as well as 24.9 billion yuan (about 3.77 billion U.S. dollars) in subsidies to the national grain risk fund for farmers."Though farmers are richer now than before, our economic strength remains relatively weak as compared with urban residents," Jiang said.He noted that he was considering investing less this year because the cost of agricultural production has increased year after year.The average urea price from manufacturers and retailers rose about 10 percent from last year to about 1,980 yuan and 2,100 yuan per tonne at a grain and oil wholesale market near Yuquan Road in Beijing, where many farmers from neighboring Hebei, Henan and Shandong provinces buy agricultural fertilizers and additives.Urea is the primary fertilizer used by Chinese grain growers, though many of the farmers said that they would reduce the use the compound in their fields due to rising prices and the impact on wheat caused by the widespread drought in north China this winter.Wang Quan, the president of China National Agricultural Means of Production Group Corp., the country's largest supplier of agricultural materials, predicted that the use of urea during the spring farming season would be between 20 million tonnes to 25 million tonnes, which is about two fifths of the year's total.Wang said that the urea price is around 400 U.S. dollars per tonne in global markets, or 15.7 percent higher than the domestic price."I think it takes time for Chinese farmers to accept the price hikes gradually," he added.Analysts say that the different perceptions on urea prices between manufacturers and farmers may have affected China's crops because the reduced use of fertilizers usually mean less grain output in the country since many farmers depend more on fertilizers, rather than technology to boost production.China's grain output rose 2.9 percent last year to 546.41 million tonnes, marking the seventh consecutive year of growth. The country aims to keep its 2011 grain production over 500 million tonnes, according to an executive meeting of the State Council, or the Cabinet, Thursday.Chinese Premier Wen Jiabao said last month that rising costs of grain production, the lingering drought in north China's major wheat-growing regions and the weakening of agricultural production in some areas would directly affect China's summer grain output.Facing challenges such as higher costs for growing grain, Jiang believed that he could generate higher income from his crops this year with the support of the agricultural sector by the government."If the grain prices also rise this year, I can still earn a net income of 10,000 yuan for every hectare of farmland," Jiang said."I hope to keep my farmland from being seized for industrial or residential development," he added.