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BEIJING, May 27 (Xinhua) -- China is ready to work with Ireland to expand exchanges and cooperation, so to lift the relationship to a new high.Vice Premier Li Keqiang made the remarks here on Wednesday when meeting with visiting Irish Minister of Foreign Affairs Micheal Martin, according to a press release issued Thursday from the General Office of the State Council.Li said Sino-Irish ties were developing steadily, as the two countries had witnessed close high-level contacts, and sound coordination on critical international and regional issues. Chinese Vice Premier Li Keqiang (R) meets with Irish Minister of Foreign Affairs Micheal Martin in Beijing, capital of China, May 26, 2010.China hoped Ireland could maintain its constructive role in promoting Sino-EU relations, Li said, noting that China had always paid great attention to developing its relationship with the European Union.China regards Ireland as a good friend and partner within the European Union, Li said.Endorsing Li's views, Martin said Ireland was willing to make more efforts to advance ties between the two countries, and actively promote Sino-EU relations.Since Ireland instituted an Asia strategy ten years ago, Ireland had considered China as an important cooperative partner, Martin said.Martin is on an official visit to China from May 24-28 at the invitation of Chinese Foreign Minister Yang Jiechi.

CHANGSHA, May 13 (Xinhua) -- The body of an elderly man has been recovered from the debris of a landslide, bringing the death toll from rainstorms in central China's Hunan Province to 12, the Hunan flood-control and drought relief headquarters said Thursday.About 42,000 people were relocated to safe areas over the past day as the rainstorms lashed more than 280 townships in Hunan from 2 p.m. Wednesday, said a statement from the headquarters.The latest victim was a 72-year-old man who died in a rain-triggered landslide in Xupu County of Huaihua City, where four bridges collapsed and 68 roads were cut by flooding, said Zhou Shengqi, publicity officer of Xupu.  A strawberry field in Loudi, Central China's Hunan province is flooded on May 13, 2010. The rainstorms damaged 10,200 hectares of crops and destroyed 480 residential buildings in the county, Zhou said.The violent weather occurred five days after storms that killed 11 people and left two others missing in Hunan.Heavy rains were forecast to continue to pound Hunan for the next five days and neighboring Guangdong Province for the next two days, provincial meteorological authorities said Thursday.

BEIJING, March 31 -- The appointment of three new academic members to the central bank's monetary policy committee on Monday reflects the increasing inclusiveness of monetary policymaking, but may not have any apparent bearing on the timing of an interest rate hike, analysts said.The People's Bank of China (PBOC) said three Chinese economists - Xia Bin, Li Daokui and Zhou Qiren - will replace Fan Gang, the only academic member of the committee, which advises on major monetary issues."Adding two more academics to the monetary policy committee is a welcome change," said Wang Tao, head of China economic research at UBS Securities. "I hope this helps to increase healthy debate within the committee, and increase the independence of monetary policy.""The appointment of three academic members this time - instead of one - indicates the increasing importance of academic voices in monetary policymaking and the three, with different backgrounds, are expected to complement each other to add to the inclusiveness of the panel," said Sun Lijian, an economist with Fudan University. It would make the country's monetary decision-making more rational, he said.Going by their recent comments on inflation, with Li saying that China could precede the United States in raising the rates and Zhou urging a timely and firm exit from stimulus policies, it is speculated that their appointment may signal chances of an earlier rate hike.Zhou said in a February speech that it was high time that China exited from the stimulus measures. "Given the past experiences, the stimulus through expanding money supply and debt only has a short-term effect," he said in the speech.One of the side effects of the stimulus is rising inflation. "The price of the stimulus policies is mainly the adverse effect of the large-scale release of money on the overall market price situation," he said. "We have seen it on the market."Li said early this month once China's consumer price index (CPI), a major measure of inflation, rises 3 percent, the country is set to increase the rates. China's CPI rose by 2.7 percent year-on-year in February.He also said on Monday that China may suffer from exported inflation from developed economies as their continued relaxed monetary policy would lead to surging raw material prices and large-scale capital flowing into the emerging economies, including China.Meanwhile, China should keep itself alert against possible price rises due to weather changes, such as the recent severe drought in southwestern regions.Xia Bin said on Monday that three factors should be taken into account when deciding on whether to raise the interest rates. It should be considered if real negative deposit interest rates occurred. But if inflationary expectations are not strong, the hike would be inappropriate. Moreover, China should not move ahead of the US since it would bring in speculative capital.China's benchmark one-year deposit rate stands at 2.25 percent.Dong Xian'an, chief macroeconomic analyst of Industrial Securities, said economic fundamentals should be the paramount determinant in interest rate related policymaking and the appointment of a new monetary policymaking panel would not have any substantial bearing on the timing of the possible hike.The month-on-month CPI figure is a crucial factor and as it continues to rise, the hike may come in the second quarter of this year, he said.

WUHAN, March 26 (Xinhua) -- China on Friday started building a canal from the middle section of the Yangtze River to a tributary that connects with China's South-North Water Diversion project.Costing more than six billion yuan (880 million U.S. dollars), the 67.23 km project will divert 3.1 billion cubic meters of water every year from Yangtze's Jingjiang section to the Hanjiang River, one of the major sources of water for north China once the diversion project is complete.China's South-North Water Diversion project is designed to divert water from the water-rich south to the dry north.The central part of the project will divert water from Danjiangkou Reservoir on the Hanjiang River to north China cities like Beijing and Tianjin.According to research by Hubei provincial environmental protection bureau, without water from the canal the Hanjiang River would only have one third of its average runoff once water is diverted, and the water level of middle and lower reaches of Hanjiang would drop by 0.5 meter.The canal, which will be completed in 2014, will prevent problems arising such as algae pollution if water levels were decreased dramatically, said Shen Xiaoli, an engineer with the Hubei Environmental Sciences Institute.The canal is expected to benefit about 8.9 million people and 43,000 hectares of farmland in the lower reaches of Hanjiang.Once completed the five to six meters deep canal could be used by ships weighing more than 1,000 tonnes, facilitating transportation of coal from the north to the south, said Xu Shaojun, head of the Hubei Provincial Investigation and Design Institute of Water Resources and Hydropower.

BEIJING, April 18 (Xinhua) -- State Councilor Ma Kai Sunday called for improved academic research on administration reform to address problems in the administration structure hampering efforts to restructure.Ma, also president of the Chinese Academy of Governance, made the remarks here Sunday at a conference to inaugurate a research society focused on administrative reform.The Chinese administration system is plagued by problems such as government heavy-handedness, weak social management and deficient public services, Ma said.He added that mechanisms overseeing administrative power are still immature."We still have a long way to go in the reform of the administrative system," Ma said, "Administrative reform plays a critical role in both economic and political restructuring."Ma stressed the research society should build itself into an academic advisory body and a think-tank for administrative reform policies.

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