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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.

BEIJING, July 19 (Xinhuanet) -- Expo 2010 Shanghai is proving to be a boon for successful Chinese entrepreneurs eager to tap into the global market.The 184-day event, which is predicted to attract an estimated 4 million foreign visitors along with global media coverage, is considered to be a golden opportunity for Chinese companies to raise their brands to an international level and explore business opportunities.According to survey released last year by the information office of Shanghai Municipal Government, more than a quarter of the respondents were hoping to visit Shanghai during the Expo to seek future business.The online survey polled 503 foreigners in 44 countries and regions across the world, 30 percent of whom were senior corporate executives.Of the Expo's 58 partners and official sponsors, 47 are Chinese companies, 25 are from Shanghai, 15 are from Beijing and seven from other parts of the country. They contributed a total of more than 7 billion yuan ( billion) in sponsorship fees to the event, averaging more than 100 million each.While the sums are large, the contributors represent only a small portion of the number Chinese firms that want a slice of the Expo pie. Those who are not qualified to partner an official sponsor have sought other means of gaining brand exposure."The Expo is a once-in-a-century opportunity for us to promote our brand on an international scale," said Zhang Yingguang, a public relations manager for Tsingdao Beer, the Chinese industry leader based in Qingdao, Shandong province.The company launched a flurry of billboard advertisements on the city's busiest streets, as well as in metro stations and commercial areas. The ads targeted foreigners by trying to teach them Chinese phrases about drinking.It also made a presence in the Zero Carbon Pavilion at the Expo, where it contributed lamps made out of beer bottles and launched a gourmet TV show with a local TV station.

YICHANG, Hubei, July 20 (Xinhua) -- The Three Gorges Dam on Yangtze River, the country's largest, is offering a buffer for the worst flood in decades as it blocks more than 40 percent of upstream water.The world's largest hydropower station was holding up against its first major flood-control test Tuesday, said officials of the China Three Gorges Corporation.The flow on the river's upper reaches topped 70,000 cubic meters a second Tuesday -- 20,000 cubic meters more than the flow during the 1998 floods that killed 4,150 people and the highest level since the dam was completed last year.The flood peak at the Three Gorges Dam at 8 a.m. was slightly below the record high of 70,800 cubic meters per second in 1981, a spokesman with the corporation said.Flood waters are sluiced with the water outflux monitored at 40,000 cubic meters per second at Three Gorges Dam in Yichang, central China's Hubei Province, July 20, 2010. China's Three Gorges Dam project on the Yangtze River stood its biggest flood-control test at 8 a.m. Tuesday since completion, as the flow on the river's upper reaches topped 70,000 cubic meters a second. All ferry services were halted at the Three Gorges Dam on Monday, and would be resumed after the influx decreased to 45,000 cubic meters per second."Compared to 1998, the biggest difference is the Three Gorges Dam. Without it, thousands of soldiers and rescuers would have been needed to fight the floods," said Yuan Jie, director of the Three Gorges Cascade Dispatching Center of China Three Gorges Cooperation."There are three reasons why the dam is withstanding the enormous water pressure, which are the precise monitoring systems, the huge reservoir and the good decisions made by the corporation," said Chen Fei, general manager of the Three Gorges Corporation.The upper reaches of Yangtze River covers an area of one million square kilometers, 60 percent of which was covered by the Three Gorges monitoring system and another 20 percent was covered by systems of the Dadu and Yalong rivers."The peak flow is high, but it has not exceeded the designed capacity of 100,000 cubic meters of water per second," said Cao Guangjing, the corporation's chairman.The peak flow was greater than in 1998 but the peak period was shorter so far, Cao said.The discharged amount had been kept under 40,000 cubic meters per second, which means the dam blocked 43 percent of upstream water and prevented severe flooding in the lower reaches, Cao said.The Three Gorges Corporation had reduced the reservoir's water level to below 146 meters before the raining season. The reservoir has a capacity of more than 20 billion cubic meters as water level can rise to as high as 175 meters.The current flood control will store about 7.6 billion cubic meters of water, said Cai Qihua, chief of Yangtze River Water Resources Commission. It is estimated to reduce the water level in Jingjiang, a 360-km section of Yangtze in the plain region of Hubei and Hunan provinces that is most vulnerable to flooding, by 2.5 meters, Cai said.

CANBERRA, June 21 (Xinhua) -- The relationship between China and Australia is expected to be further boosted with over 20 documents of cooperation signed during the visit of Chinese Vice President Xi Jinping, Australia's media reported on Monday."The high-level visit of Xi and hundreds of aides has made it clear how keen the two countries are to do business," the Australian Associated Press (AAP) reported after the announcement of the deal in Canberra on Monday.According to AAP, Chinese companies will build mines, railways and port facilities in Australia under a series of deals.The new agreements are not only in the resources and energy sectors, but also include telecommunications, education and a quarantine protocol for exporting Tasmanian apples to China.Under one deal, Chinese companies will help fund an 8-billion-U. S.-dollar coal mine, railway and coal-loading terminal near Bowen in Queensland.The deal would yield 4 billion Australian dollars (3.53 billion U.S. dollars) in exports each year for 25 years, Rudd said.

BEIJING, June 12 (Xinhua)-- The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year on year to 8.13 billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Saturday.The figure brought the country's FDI to 38.92 billion U.S. dollars in the first five months, an increase of 14.31 percent from a year earlier.Yao said that in the first five months, FDI mainly flowed into the manufacturing sector, accounting for 47.32 percent of the total, despite a fall of 3.85 percent in the amount.The service sector saw actual inflow of the FDI up 32.05 percent from a year earlier, while FDI in the primary sector, including farming, fishery and forestry, rose 85.49 percent year on year, which accounted for 1.63 percent of the total FDI in the first five months.China approved the establishment of 9,638 overseas-funded ventures in the first five months, up 22.15 percent from the same period of last year.In May alone, the government approved 2,132 such companies, representing a year-on-year increase of 29.29 percent.

来源：资阳报