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BEIJING, Oct. 20 (Xinhua) - China's State Council, or the Cabinet, unveiled a set of guidelines Wednesday, aiming at helping reconstruction work in landslide-hit Zhouqu County in Gansu Province.The guidelines affect taxation, finance, education and employment policies in the region which was devastated by the massive mudslide on Aug. 8.The document clarified that funds for the reconstruction would come primarily from central government subsidies.It said that priority would be given to rebuild damaged residential houses, public services, infrastructure and prevent the spreading of diseases.It specified tax reduction measures for enterprises and individuals who had organized and collected donations, and encouraged banks and financial institutions to increase loans to the mudslide-hit areas.Land required for housing, infrastructure and reconstructing public facilities will be allocated by the local government, according to the document.Local governments or universities have also been directed to financially assist Zhouqu-born college students, while high-school students in the landslide-affected areas have been exempted from paying tuition fees, the document said.A massive mudslide triggered by rainstorms slammed Zhouqu county in northwest China's Gansu Province on Aug. 8, leaving 1,472 dead, 294 missing and more than 15,000 people homeless.

BEIJING, Sept. 26 (Xinhua) -- Russian President Dmitry Medvedev on Sunday arrived in northeast China's port city of Dalian, the first stop of his three-day China visit.This is Medvedev's second state visit to the country since he assumed presidency in May 2008.On Sunday, Medvedev will visit a memorial to the Soviet Union war dead and meet with veteran Chinese and Russian soldiers who participated in China's War of Resistance against Japanese Aggression (1937-1945).During his stay in the city, the Russian president will stop by the Dalian Institute of Foreign Languages, where he will have brief discussions with Russian language professors and students. He is also slated for a meeting with leaders of northeast China's Liaoning Province.More important meetings are scheduled for Monday when the Russian leader visits Beijing. He will hold talks with Chinese President Hu Jintao and call on other Chinese leaders, including top legislator Wu Bangguo and Premier Wen Jiabao.On Monday evening, Medvedev will travel to east China's metropolis of Shanghai, where, on the next day, he will meet with Chinese Vice President Xi Jinping and attend events marking the Russia Day at the ongoing World Expo, which runs from May 1 to Oct. 31.

PYONGYANG, Oct. 23 (Xinhua) -- A delegation of senior Chinese military officers watched the "Arirang" performance here Saturday night as part of celebrations to mark the 60th anniversary of the entry of the Chinese People's Volunteers (CPV) into the Korean War front.The delegation, led by Guo Boxiong, vice chairman of China's Central Military Commission, is on a four-day visit to the Democratic People's Republic of Korea (DPRK). They were joined at the show by Kim Yong Nam, president of the Presidium of the Supreme People's Assembly of the DPRK.Before the show, Guo met Kim and a number of other DPRK leaders, including Choe Yong Rim, premier of the cabinet, and Kim Yong Chun, vice-chairman of the National Defence Commission.Guo hailed the DPRK's attention to its relations with China. He said the visit of the delegation was to implement the important consensus reached between Chinese President Hu Jintao and the DPRK's top leader Kim Jong Il.China would work with the DPRK side to make an active contribution to the continuous promotion of the Sino-DPRK friendship, Guo said.Kim Yong Nam warmly welcomed the visit of the Chinese delegation.The DPRK cherished its friendship with China. To consolidate and develop the relations was the firm will of the DPRK, Kim said.The "Arirang", a mass gymnastic and artistic show with some 100,000 performers, showcased the achievements made by the DPRK people in socialist construction, and their love of the fatherland, aspiration for reunification and peace.The CPV entered the DPRK on Oct. 25, 1950, about four months after the Korean War broke out.In an article marking the anniversary, the DPRK's official KCNA news agency said Thursday that the CPV not only displayed a spirit of self-sacrifice and heroism but also promoted friendship.

TALLINN, Sept. 21 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), met here Tuesday with Estonian parliament speaker and prime minister on bilateral relations.Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, arrived in the Estonian capital of Tallinn earlier in the day for a three-day official goodwill visit to the Baltic Sea country.While meeting with Estonian Parliament Speaker Ene Ergma, Li said China would work to further boost its overall relations with Estonia."China pays a lot of attention to its relationship with Estonia and appreciates Estonia's support for the one-China policy and China's other core interests," he said.He added China would work to further boost its political relations with Estonia and to expand pragmatic bilateral cooperation on the basis of mutual respect and common interest with the aim of developing the friendly bilateral ties between the two countries in an all-around way.Li noted parliamentary and party-to-party exchanges are a major part of China-Estonian relationship.The CPC has established friendly ties with all major political parties in Estonia, he said, hoping such exchanges can lay a solid foundation for the overall bilateral relationship.Ergma, for her part, said Estonia and China have maintained good relations and bilateral cooperation has been constantly deepened under the principle of equality and mutual benefits.Estonia hopes to further strengthen exchanges with China in economic, trade and cultural areas, she said.Particularly, Estonia hopes China can use the port of Tallinn as an important connecting point of the East-West maritime transportation route as part of efforts to expand bilateral cooperation on ports, according to her.Later Tuesday, Li also met with Estonian Prime Minister Adrus Ansip who is also head of Estonia's Reform Party.

BEIJING, Oct. 20 (Xinhua) -- China's central bank Tuesday announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points effective from Oct. 20, a move widely seen as the government's action against inflationary pressure.The People's Bank of China (PBOC) said in a statement on its website that the one-year deposit rate will rise from 2.25 percent to 2.50 percent, and the one-year lending rate will increase from 5.31 percent to 5.56 percent.The rise, the first over the past three years, had not been anticipated and could be related to the impending September statistics and the third quarter statistics, said Jiang Chao, an analyst with Guotai Junan Securities.The CPI (Consumer Price Index), a key gauge of inflation, may maintain its high level in September, Jiang said.The rate hikes are the first in three years. The central bank last hiked rates on Dec. 21, 2007.The benchmark interest rate has been cut four times since the global financial crisis.Li Daokui, a member of the PBOC's monetary policy committee, said statistics showed China's economy has been bottoming out from the accelerated slump at the beginning of this year, but prices of goods remain at a high level, attracting attention from policy makers.Further, policy makers have to seek a balance between economic growth, restructuring and stable prices, Li said."Judging from the move, worries about soaring prices overwhelmed jitters on economic growth, as is the main reason for the interests rate hike. Negative interests rate (higher CPI increases than deposit interests rate) is also another reason," Li said.Liu Yuhui, an expert with the Institute of Finance and Banking at the Chinese Academy of Social Sciences, said the interests rate hike this time is related to expectations of inflation as the negative interests rate has continued for seven months.China has been experiencing hikes in prices of agricultural products, urban services like home rents and catering, Liu said."We believed it was caused by soaring labor costs, also related to issue of currencies and soaring living costs in cities," Li said.Prices of garlic, ginger and sugar have jumped in China's market. Sugar prices in Shanghai stood at 6,000 yuan (900.90 U.S. dollars) per tonne, much higher than 2,700 yuan per tonne seen one year earlier.