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URUMQI, July 30 (Xinhua) -- Rescuers were racing to evacuate more than 800 people still trapped by rain-triggered mountain torrents in a remote valley in China's far west Xinjiang Uygur Autonomous Region late Friday afternoon.Rescuers managed to reach the site in Kuqa County, of Aksu Prefecture, at 1:26 a.m. Friday, about 24 hours after rains and floods stranded more than 1,000 residents, construction workers and tourists in the mountainous area.As of 5 p.m. Friday, more than 170 trapped people, including 120 tourists and some 50 railway construction workers, had been taken to safe places. No casualties had been reported, said a spokesman with the prefecture's committee of the Communist Party of China.The locals dam up at a village of Alaer city in the upper reaches of the Tarim River, northwest China's Xinjiang Uygur Autonomous Region, July 30, 2010. The Tarim River was hit by the largest flood in eight years on Friday.Some 100 more rescuers, carrying drinking water, drugs and food, had been sent to the site. The regional government had dispatched helicopters to drop food and bottled water to the trapped people, said the spokesman.Floods have inundated many roads, as well as damaged three bridges and 12 buildings in the county. More than 13,000 youths from the county were ready to strengthen the dikes to combat flood waters, he said.

BEIJING, June 18 (Xinhua) -- Chinese Vice Premier Hui Liangyu on Friday urged local governments to strengthen flood control efforts and try all means to save the people endangered by the disaster.The official asked the Ministry of Water Resources and local governments to pay close attention to the development of the flood and prevent dam breaks.Government authorities should also pay more attention to rain-triggered landslides and other disasters brought by flood, Hui said.Soldiers transfer an old man trapped by the flood water at Songxi Town of Qingliu County, southeast China's Fujian Province, June 18, 2010. The Ministry of Civil Affairs said, by 4 p.m. Friday, the heavy rains that began pounding south China Sunday had left 69 dead, 44 missing and forced the evacuation of 493,000 people in Fujian, Jiangxi, Hunan, Guangdong, Sichuan and Guizhou provinces as well as Guangxi Zhuang Autonomous Region.About 5.65 million people in 172 cities in seven southern regions were affected by the heavy rains, namely Fujian, Guangdong, Hunan, Jiangxi, Guangxi, Guizhou and Sichuan, the ministry said in a statement.Further, the rains and ensuing floods and landslides have engulfed roughly 300,000 hectares of crops, of which 27,500 hectares of crops have been destroyed, it said, adding that about 98,000 homes have collapsed or been damaged.Also, the heavy rains are being blamed for direct economic losses of 6.5 billion yuan (about 950 million U.S. dollars).The State Flood Control and Drought Relief Headquarters initiated a level-III emergency response plan, sending work teams to guide the flood control efforts in the worst-hit regions - Fujian, Jiangxi, Hunan and Guangxi.
BEIJING, June 10 (Xinhua) -- China's foreign exchange regulator said Thursday it will strengthen monitoring of cross-border capital flows to reduce risk.The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign Exchange (SAFE) said in its annual report on management of foreign exchange posted on its website.It will also enhance its monitoring of abnormal cross-border capital flows by cracking down on illegal private banks and internet-based speculation in foreign exchange.The SAFE will maintain a prudent approach to managing foreign currency reserves and will continue to improve its diversification strategy.China's balance of payments continue to expand, albeit slowly, despite the impact of the global financial crisis.At the end of 2009, China's foreign exchange reserves hit 2.4 trillion U.S. dollars, a 453 billion U.S. dollar increase from the end of 2008.China had gold reserves of 1,054 tonnes at the end of last year, the fifth largest in the world.Although gold has commodity and monetary properties, the global gold market is relatively small and illiquid, the report noted, adding that because of its volatile price and high cost of holding and trading, gold has limited utility in asset allocation.
BEIJING, Aug. 14 (Xinhua) -- China and Switzerland Saturday marked the 60th anniversary of their diplomatic ties at a reception in Beijing.Addressing the occasion, senior Chinese official Liu Qi said China hopes to take the opportunity of the 60th anniversary to enhance mutual political trust and cooperation with Switzerland in various fields.Liu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said China attaches great importance to developing friendly relations with Switzerland, one of the first Western countries to recognize the People's Republic of China.Currently China is Switzerland's second largest trading partner in Asia, and Switzerland is a major partner of China in Europe, said Liu.Doris Leuthard, President of the Swiss Confederation and Head of Federal Department of Economic Affairs, said Swiss-China relationship has deeply developed since the establishment of the diplomatic ties on Sept. 14, 1950.Leuthard said the two economies are complementary and can achieve win-win results in fields such as environment, machinery and financial services.Leuthard is paying a working visit to China from Aug. 10 to 15, at the invitation of Chinese President Hu Jintao.
来源:资阳报