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BEIJING, March 25 (Xinhua) -- Local authorities in southwest China are moving to clamp down on food price hikes as the worst drought in decades shows no sign of easing.Authorities in Guiyang, capital of the poverty-stricken mountainous Guizhou province, have indicated they would step up price monitoring and crack down on price gouging.Vegetable vendors will be fined up to 100,000 yuan (14,650 U.S. dollars) if they are found involved in jacking up vegetable prices. The maximum fine for businesses is 1 million yuan.In Kunming, capital of the hardest-hit Yunnan province, the local government is monitoring food prices and supply on a daily basis. Local price control and industry and commerce authorities have launched campaigns to crack down on food hoarding and price gouging.Local governments in their neighboring regions have taken similar measures to prevent huge rises in prices of grain, edible oil, and vegetables.The dry weather has been ravaging southwest China for months, affecting 61.3 million residents and 5 million hectares of crops in Guizhou, Yunnan, Sichuan, Chongqing, and Guangxi.The worsening drought has damaged wide swathes of vegetables and sparked sharp price hikes. Many vegetable prices have more than doubled.Hou Junfa, a purchasing manager in a hotel in Nanning, capital of Guangxi, said vegetable prices continued to surge even after the Chinese Lunar New Year when prices usually fall.Wang Wenying, a wholesaler in Nanning, said that prices of onion and potato continued to rise because of output declines in Yunnan, a main vegetable producing region.The price hikes have resulted in increases in household expending.A local resident in Nanning, surnamed Yang, said he spent five yuan more on vegetables than a month ago.Some residents choose to buy cheaper vegetables to cut household expending.Amid other efforts to curb huge price rises, the local governments have also started importing vegetables from non-drought-stricken regions to increase supply.Authorities in Kunming earlier in the week bought 250 tonnes of wax gourd, pumpkin, and eggplant from other regions to ease supply shortage in local markets.Prices of grain, including the staple food rice, has recorded relatively moderate gains of about 10 percent.Some sellers, taking advantage of the lingering drought, have started increasing their rice prices in some cities.The drought has caused speculation of further inflation rises as it has damaged hundreds of millions hectares of crops and disrupted spring planting as well.But prices are expected to stabilize as grain is being sent to the drought-stricken regions. China has sufficient grain stock after six years of bumper harvests."The drought has limited impact on China's grain output as the five regions account for a small portion of the country's total output," according to a research note of Dongxing Securities.In addition, the main grain production base in the Northeast is seeing better weather conditions than this time last year.The disaster, however, is set to reduce production of fresh flowers and sugar cane as Yunnan and Guangxi are the main producers of the crops.Retail prices of fresh flowers, as a result, have risen by about 50 percent in many Chinese cities.The decline in sugar cane production would cause China's white sugar output to decline to 11 million tonnes this year, 9 percent lower than the projection in November, the China Sugar Association said.The drought, the worst in 100 years in Yunnan and parts of Guizhou, would likely to continue till May as no substantial rainfall was expected ahead of the raining season, according to meteorological agencies.It has left 18 million residents and 11.7 million head of livestock in the region with drinking water shortages and caused direct economic losses of 23.7 billion yuan, the Ministry of Civil Affairs said Wednesday in a statement.(Xinhua correspondents Wang Mian in Guangxi, Li Qian, Li Huaiyan in Yunnan, Wang Li in Guizhou also contributed to the stroy.)

BEIJING, May 25 (Xinhua) -- China and the United States wound up the two-day 2nd China-U.S. Strategic and Economic Dialogue (S&ED) Tuesday, achieving consensus and even forging agreements in a number of areas of crucial significance for both sides as well as regional stability.It is obviously of the utmost importance the two sides tread the path of dialogue to build cooperation and mutual benefit, given the complicated but important nature of the bilateral relations.HIGH-LEVEL DIALOGUELeaders have acknowledged the vitality of the dialogue mechanism consisting of two tracks: economic and strategic, which was initiated last year by President Hu Jintao and his U.S. counterpart Barack Obama.Hu said when with U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner that he hoped the S&ED would play a greater role in boosting bilateral relations. U.S. Treasury Secretary Timothy Geithner, U.S. Secretary of State Hillary Clinton, Chinese Vice Premier Wang Qishan and Chinese State Councilor Dai Bingguo (L to R) attend a press conference of the second round of China-U.S. Strategic and Economic Dialogues in Beijing May 25, 2010"I hope the four special representatives and both teams will seriously implement the achievements, draw on their experiences, and strengthen the building of the mechanism so it can play a greater role," Hu said, referring to the leaders and ministers chairing the dialogue.Both Clinton and Geithner were special representatives of President Obama. They were joined by Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, both special representatives of President Hu.They achieved consensus on bilateral relations, facilitating global economic recovery, anti-protectionism in international trade, pushing forward financial reforms and important international affairs.The two dialogue partners also signed agreements covering trade, environment, energy and disease control at or on the sidelines of the S&ED, underscoring the value of the dialogue platform."The two teams worked hard to realize the vision" between Obama and Hu and that the two sides deepened cooperation in the second round of talks with the largest-ever delegation, Clinton said.Clinton told Hu when they met she appreciated the "substantial speech" he made at the opening session of the dialogues.President Obama once even drew on traditional Chinese wisdom of Mencius, a master of the Confucius school of teaching that has helped shape Chinese society, to illustrate the value of the high-level dialogue platform."A trail through the mountains, if used, becomes a path in a short time, but, if unused, becomes blocked by grass in an equally short time," Obama said at the opening of the 1st S&ED last year, quoting Mencius to compare the bilateral exchanges to blazing a path through the mountains.

CAIRO, June 6 (Xinhua) -- Egypt and China pledged to strengthen traditional friendship and enhance their strategic cooperation partnership on Sunday.In a meeting with a Chinese delegation headed by Wang Gang, a member of the Political Bureau of the Communist Party of China Central Committee, Egyptian President Hosni Mubarak said his country thanked China for its long and unswerving support for the just cause of the Arab people.He said Egypt treasured the traditional friendship with China and is willing to exert efforts for further development of Egypt- Chinese ties.Wang conveyed to Mubarak the greetings from Chinese President Hu Jintao.Egyptian President Hosni Mubarak (R) meets with Wang Gang, vice chairman of the Chinese People's Political Consultative Conference National Committee and member of the Political Bureau of the Communist Party of China (CPC) Central Committee, in Cairo, capital of Egypt, June 6, 2010. He said equal treatment, mutual support and close cooperation have always been featuring both the just causes of maintaining national independence and state sovereignty and the great road of national construction and economic development since the two sides established diplomatic ties.Wang, also vice chairman of the Chinese People's Political Consultative Conference National Committee, the country's top political advisory body, added that the relations between China and Egypt can be seen as a good example for the South-South cooperation.China and Egypt established strategic cooperation partnership in 1999. Bilateral trade reached around six billion U.S. dollars in 2009.Wang said China hopes to grasp the opportunity and jointly work with Egypt to consolidate their traditional friendship, expand practical cooperation and enhance the strategic cooperation partnership.The Chinese delegation arrived in Cairo on Saturday for a visit.

YUSHU, Qinghai, April 15 (Xinhua) -- The death toll of China's Qinghai 7.1-magnitude earthquake rose to 589 as of 1:20 a.m. Thursday, according to the local quake-relief headquarters. The headquarters have dispatched relief work groups respectively in charge of rescue, quake survivors' daily life, detecting aftershocks and health and disease control.Rescuers work on the debris of a local vocational school after a quake in Yushu County, northwest China's Qinghai Province, April 14, 2010. About 589 people have died after a 7.1-magnitude earthquake hit Yushu early on Wednesday. Jia Yingzhong, Party secretary of the Yushu Tibetan Autonomous Prefecture called for all local cadres to make all-out effort in rescue and relief work. Those who fail to do the job will be sacked immediately, he said.

NINGBO, Zhejiang, May 16 (Xinhua) -- Internet of Things (IOT) -- which refers to digital networks of physical objects -- has huge potentials but many challenges lie ahead, said scientists, entrepreneurs and government officials on Sunday.IOT has become a catchword for those at the Information and Communication Technology and Urban Development Forum held in east China's coastal Ningbo this weekend on the sidelines of the Shanghai Expo; from ministers to mayors, scientists to entrepreneurs, keynote speakers to audiences.China should accelerate the development of the IOT industry so as to create a new platform for economic growth, said Li Yizhong, Minister of Industry and Information Technology in his opening speech to the forum.The first theme forum of the Shanghai World Expo is closed in Ningbo, a coastal city of east China's Zhejiang Province, May 16, 2010. The two-day forum focusing on information and communication technologies (ICT) and urban development attracted over 600 participants including renowned scholars and entrepreneurs.Minister Li's words were echoed by Zhao Hongzhu, communist party chief of Zhejiang Province, who called for more efforts to develop such key concepts as IOT, which, in his words, "present a brilliant future for urban life."In what's called Internet of Things, networks of real-world objects are linked to the Internet and interact through web services. As more objects are embedded with sensors, giving them the ability to communicate, and networked together, the possibilities are enormous, potentially resulting in new business models, improved business processes and reduced costs and risks, according to a March 2010 report by McKinsey & Co..