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BEIJING, Feb. 5 (Xinhua) -- Despite profound changes in the global economy, China's banking industry expects steady growth during the 12th Five-Year Plan (2011-2015), a senior banker said Saturday.China's steady and relatively fast economic growth is expected to lay a solid basis for the development of the commercial banks' main businesses, said Hu Huaibang, chairman of Bank of Communications, the fifth-largest lender.Meanwhile, the transformation of China's economic growth pattern would provide an impetus to the adjustment and optimization of the lenders' businesses, Hu said.Hu predicted businesses, such as consumer credit, asset management and credit cards, would enter a golden era over the next few years, along with the economy's shift to a domestic consumption-driven model from the current export-oriented growth pattern.Also, increases in personal wealth and growing numbers in the middle class would bring huge potential customers and development opportunities to the lenders, Hu said.Further, he urged Chinese banks to improve their services and launch new products to meet diversified demands.

BEIJING, Feb. 8 (Xinhua) -- China plans to sell 600 billion yuan (91 billion U.S. dollars) worth of welfare lotteries from 2011 to 2015, up 73.6 percent from the past five years, an official from the Welfare Lottery Distribution and Management Center (WLDMC) has said.The sales of welfare lotteries posted an annual increase of 18.7 percent over the past five years, from 41.2 billion yuan in 2006 to 96.8 billion in 2010, the official said.The sales totalled 345.53 billion yuan from 2006 to 2010.The center believed that there would be broad prospect for welfare lottery sales with the increase of people's income and the development of philanthropy.According to China's Regulations on Lottery Management, money raised through lotteries is divided into three parts: the jackpot, lottery management fees, and lottery public funds.The government-run lottery raised a total of 30 billion yuan for public welfare funds in 2010, according to the WLDMC statistics.The WLDMC is administered by the Ministry of Civil Affairs, which was authorized by the State Council, or China's Cabinet, to raise welfare funds through lottery sales in 1987.

WASHINGTON, May 17 (Xinhua) -- The U.S. National Aeronautics and Space Administration (NASA) announced Tuesday that the international Aquarius/SAC-D observatory will be launched on June 9, to study interactions between ocean circulation, the water cycle and climate by measuring ocean surface salinity.Engineers at Vandenberg Air Force Base in California are performing final tests before mating the satellite to its Delta II rocket. The mission is a collaboration between NASA and Argentina' s space agency, with participation from Brazil, Canada, France and Italy.In addition to Aquarius, the primary instrument, the observatory carries seven other instruments that will collect environmental data for a wide range of applications, including studies of natural hazards, air quality, land processes and epidemiology.The mission will make NASA's first space observations of the concentration of dissolved salt at the ocean surface. Aquarius' observations will reveal how salinity variations influence ocean circulation, trace the path of freshwater around our planet, and help drive Earth's climate. The ocean surface constantly exchanges water and heat with Earth's atmosphere. Approximately 80 percent of the global water cycle that moves freshwater from the ocean to the atmosphere to the land and back to the ocean happens over the ocean.Salinity plays a key role in these exchanges. By tracking changes in ocean surface salinity, Aquarius will monitor variations in the water cycle caused by evaporation and precipitation over the ocean, river runoff, the freezing and melting of sea ice. Salinity also makes seawater denser, causing it to sink, where it becomes part of deep, interconnected ocean currents. This deep ocean "conveyor belt" moves water masses and heat from the tropics to the polar regions, helping to regulate Earth's climate."Salinity is the glue that bonds two major components of Earth' s complex climate system: ocean circulation and the global water cycle," said Aquarius Principal Investigator Gary Lagerloef of Earth & Space Research in Seattle in a statement. "Aquarius will map global variations in salinity in unprecedented detail, leading to new discoveries that will improve our ability to predict future climate."Aquarius will measure salinity by sensing microwave emissions from the water's surface with a radiometer instrument. These emissions can be used to indicate the saltiness of the surface water, after accounting for other environmental factors. Salinity levels in the open ocean vary by only about five parts per thousand, and small changes are important. Aquarius uses advanced technologies to detect changes in salinity as small as about two parts per 10,000, equivalent to a pinch (about one-eighth of a teaspoon) of salt in a gallon of water.Aquarius will map the entire open ocean every seven days for at least three years from 408 miles (657 kilometers) above Earth. Its measurements will produce monthly estimates of ocean surface salinity with a spatial resolution of 93 miles (150 kilometers). The data will reveal how salinity changes over time and from one part of the ocean to another.

ABUJA, Jan. 28 (Xinhua) -- China and Nigeria celebrated the 40th anniversary of the establishment of diplomatic relations on Thursday evening in Nigeria's capital city Abuja.More than 600 Chinese and Nigerian guests, including Nigeria's former Head of State Yakubu Gowon, attended the gala event.On Feb. 10, 1971, the two most populous developing countries in Asia and Africa set up their diplomatic relations, said Deng Boqing, the Chinese ambassador to Nigeria.The frequent high level visits from both sides built up the mutual trust, the exchanges and cooperation in the fields of economy, culture, science, education and health, he said.The bilateral trade volume in 2010 is expected to break the record 7.5 billion U.S. dollars in 2008. The total Chinese investment in Nigeria has been nearly 8 billion dollars by the end of 2010, he said.Deng also gave tribute to the indispensable efforts made by the overseas Chinese and Chinese companies in Nigeria.Yakubu Gowon, former head of state in the 1970s, told Xinhua that he was delighted to witness the establishment of diplomatic ties between China and Nigeria in 1971 during his term. He visited China and met the late Chinese leader Mao Zedong in 1974.Nigeria's President Goodluck Jonathan sent his representative to the celebration of the 40th anniversary of bilateral ties, pledging the two countries would work closely in the future.

BEIJING, Jan. 21 (Xinhua) -- Chinese Vice Premier Li Keqiang on Friday stressed the importance that local governments improve management of land and resources, as it remains vital for the stable and relatively quick development of the nation's economy.Li said China faced the difficult tasks of land and resource management as resources are becoming scarce amid the country's quickening industrialization, urbanization, and agricultural modernization.He said the nation must continue preserving arable land. To ensure grain security, China set a "red line" to guarantee its arable land never shrinks to less than 1.8 billion mu (120 million hectares).Chinese Vice Premier Li Keqiang (R) shakes hands with outstanding representatives from local departments in charge of land and resources in Beijing, capital of China, Jan. 21, 2011.Li also called on local authorities to step up efforts to protect valuable mineral resources while using resources more efficiently and in a frugal manner.At the same time, the senior Chinese official said land should be guaranteed for the nation's plan to build 10 million affordable houses for low and middle income people this year.Further, Li urged local authorities to improve work in monitoring and taking precautionary measures against geological disasters to ensure the safety of people's lives and property.

来源：资阳报