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BEIJING, April 20 (Xinhua) -- Foreign leaders and heads of international and regional organizations continued to send their condolences to China on Monday and Tuesday over a powerful earthquake that hit northwest China's Qinghai Province.Messages of condolences were sent through various channels to Chinese President Hu Jintao, Premier Wen Jiabao, and Wu Bangguo, chairman of the Standing Committee of the National People's Congress.Sri Lankan President Mahinda Rajapakse expressed support to the Chinese government and people on behalf of the Sri Lankan government and people. He believed the Chinese people have the courage and determination to overcome the challenges of the relief work.Iraqi President Jalal Talabani conveyed sincere greetings to the Chinese people. He believed the undaunted Chinese people will definitely overcome the disaster.Khalifa Bin Zayed Al-Nahyan, president of the United Arab Emirates, and Mohammed Bin Rashid Al Mak-toum, vice president and prime minister, sent deepest sympathy and greetings to the Chinese people.Lebanese President Michel Suleiman expressed condolences to the victims of the quake and conveyed greetings to the Chinese people, especially the families of the victims.Bahraini Prime Minister Sheikh Khalifa bin Salman Al-Khalifa sent sincere greetings to the Chinese people and wished the injured to recover soon.Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah, Kuwait's Crown Prince, conveyed condolences to the victims and wished the injured quick recovery.Mongolian Prime Minister Sukhbaataryn Batbold expressed deep condolences to the Chinese people.Eda Satsuki, president of House of Councilors of Japan, conveyed condolences to the Chinese people.Iranian Parliament Speaker Ali Larijani felt deep sorrow over the huge casualties of the earthquake and expressed sympathy to the families of the victims.Italian President Giorgio Napolitano expressed deep sorrow over the casualties of the quake and conveyed sincere greetings to the Chinese people and deep condolences to the victims.Doris Leuthard, president of the Confederation of the Federal Council of Switzerland, sent sincere condolences to the Chinese people.

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 15 -- China is planning to raise the proportion of profits it collects from major State-owned enterprises (SOEs) in a move to balance income distribution, but analysts said the move should be bolder and the collected profits used to improve public well-being.The Ministry of Finance said on Tuesday that it might raise the ratio of profits of SOEs to be submitted to the State coffers.According to existing rules, monopoly enterprises under the administration of the central government in sectors like tobacco, oil, petrochemicals, power, telecommunications and coal mining should submit 10 percent of their post-tax profits, while the ratio for those in the iron and steel, transportation, electronics and trade sectors should be 5 percent.Financial corporations and companies in sectors like railways, transportation, education, culture, science and technology and agriculture are not included in the profit submission framework.The Ministry of Finance did not reveal by how much the ratio would be raised."It should be raised properly, and even if it were raised by 10 percentage points, it doesn't matter too much for those central enterprises, given their high profit level," said Zhang Wenkui, researcher with the State Council's Development Research Center.Central enterprises have been criticized by the public for having taken advantage of their monopoly or market predominance to make excessive profits. Some of them have further fueled public anger as they bid to purchase land at high prices, which is believed to have pushed up home prices.The central government collected profits of 14 billion yuan ( billion), 44.4 billion yuan and 98.9 billion yuan respectively in 2007, 2008 and last year from SOEs. In 2009 alone, however, the enterprises made profits totaling 965.6 billion yuan.

BEIJING, June 3 (Xinhua) -- Chinese Premier Wen Jiabao returned to Beijing Thursday evening after official visits to the Republic of Korea (ROK), Japan, Mongolia and Myanmar.During the tour which started on May 28, Wen also attended the third three-party leaders' meeting of China, the ROK and Japan in ROK's Jeju island.Wen's entourage also came back to Beijing.

KIEV, May 19 (Xinhua) -- Ukrainian President Viktor Yanukovych met Chinese Foreign Minister Yang Jiechi here on Wednesday to discuss bilateral ties.Yanukovych said that China is Ukraine's good friend and reliable partner for cooperation.Ukraine puts much emphasis on Ukraine-China partnership, the president said, stressing the relationship with China is a priority of Ukraine's foreign policy.Yanukovych noted that during his talks with Chinese President Hu Jintao on the sidelines of the Nuclear Security Summit in Washington in April, the two sides reached important consensus that provided guidance for the future development of bilateral relations."Ukraine is ready to enhance cooperation with China in fields of aviation, aerospace, technology, agriculture, infrastructure construction and other spheres," he said. Ukraine's President Viktor Yanukovych (L) shakes hands with Chinaese Foreign Minister Yang Jiechi in Kiev, capital of Ukraine, May 19, 2010. He also said Ukraine will as always keep promoting the friendly cooperation with China, continue to firmly stick to the one-China policy, and make further efforts for the development of the relationship between the two countries."It's time to upgrade our ties to a strategic level," Yanukovych stressed.Yang, on a two-day official visit to Ukraine, said the Sino- Ukrainian relations have solid political, material, and social foundations."China always cherishes the traditional friendship between the two nations and is willing to work with Ukraine to broaden channels of cooperation so as to push the bilateral relationship to a new level," he said."The Chinese side understands and respects the choice of the Ukrainian people for its road of development, as well as Ukraine's domestic and foreign policies," Yang added.He noted that China is willing to work with the Ukrainian side to further strengthen the comprehensive friendly cooperation and enrich bilateral ties with strategic connotations.On the same day, Yang also met with Ukraine's parliament speaker Volodymyr Lytvyn and Ukrainian Prime Minister Mykola Azarov on bilateral cooperation and relations.