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BEIJING, April 13 (Xinhua) -- China's Ministry of Finance (MOF) said Monday that fiscal revenue fell 0.3 percent from a year earlier to 440.22 billion yuan (64.43 billion U.S. dollars) in March.     First-quarter fiscal revenue fell 8.3 percent to 1.46 trillion yuan, the ministry said on its website, while tax revenue shrank 10.3 percent to 1.3 trillion yuan.     Fiscal revenue includes taxes as well as administrative fees and other government income, such as fines and income from government-owned assets.     Business profits shrank as economic growth slowed, the MOF said, and tax cuts intended to spur the economy and the financial markets reduced government revenues. First-quarter business income tax revenue fell 16.7 percent.     China halved the purchase tax on cars with engine displacements of less than 1.6 liters on Jan. 20, and revenue from that tax was down 7.6 percent in the first quarter.     To shore up the stock market, the government cut the share trading stamp tax from 0.3 percent to 0.1 percent last April and scrapped the stamp tax on stock purchases in September. And even though the benchmark Shanghai Composite Index is up more than 35 percent so far this year, the tax cuts on share transactions meant a decline of 86.2 percent in revenue from that category in the first quarter.     Actual revenue amounts in each category were not released.     Customs tariff revenue fell 23.9 percent during the first quarter, the MOF said, without giving further details.     Central government fiscal revenue fell 17.7 percent in the first quarter to 721.3 billion yuan, while local government fiscal revenue rose 3 percent to 742.9 billion yuan.     First-quarter fiscal expenditures surged 34.8 percent to 1.28 trillion yuan, as both the central and local governments adopted a proactive fiscal stance to boost the economy and domestic demand.     China unveiled a 4-trillion-yuan stimulus package in November to be spent over in next two years, with 1.18 trillion yuan from the central government.     Fiscal revenue exceeded 6.13 trillion yuan in 2008, up 19.5 percent.

GENEVA, April 14 (Xinhua) -- Switzerland and China will soon sign a formal agreement on enhancing their cooperation in the field of sustainable water management and hazard prevention, the Swiss government said on Tuesday.     Federal Councilor and Environment Minister Moritz Leuenberger will make his first official visit to China on April 16 to sign this agreement, according to a government statement.     During his five-day visit, Leuenberger will also hold official discussions with Chinese Minister of Water Resources Chen Lei, attend the third Yangtze Forum and visit the Three Gorges Dam, the statement said.     Due to their mountainous regions, Switzerland and China face similar natural hazards, according to the statement.     At the same time, both countries harness their hydropower and are faced with the question of river basin management, which is likely to become more pressing due to climate change, it added.

BEIJING, March 15 (Xinhua) -- Industrial and commercial authorities across China investigated about 76,500 fake food cases in 2008, which involved 274 million yuan (about 40.3 million U.S. dollars) in value, according to a high-level meeting on consumption held Saturday.     Ma Yong, a senior official with the National Food Industry Association, said the major cause of China's food safety problem was the use of illicit substances. Officers from local commerce administration examine commodities at a market in Nanchang, east China's Jiangxi province, March 15, 2009. Lots of events to mark the World Consumer Rights Day were held across China on Sunday.With the theme of "integrity, consumption and development", the meeting was joined by the State Administration for Industry and Commerce and China Consumers' Association.     To better deal with the food problem, China adopted the Food Safety Law on Feb. 28, which will go into effect on June 1.     The law has been widely seen as a new push to improve food safety in the country through stricter monitoring and supervision, tougher safety standards, recall of substandard products and severe punishment on offenders. Officers (L) from local commerce administration answer people's questions during an event to mark the World Consumer Rights Day in Beijing March 15, 2009. Lots of such events were held across China on Sunday

BEIJING, Feb. 17 (Xinhua) -- After a three-day visit to Saudi Arabia beginning Feb. 10, Chinese President Hu Jintao started an Africa tour aimed at enhancing China's friendship with developing countries in the region.     The trip, which took Hu to Mali, Senegal, Tanzania and Mauritius from Feb. 12 to 17, has given new impetus to the traditional friendship between China and Africa. Visiting Chinese President Hu Jintao (L) talks with Saudi Arabian King Abdullah bin Abdul-Aziz during their meeting in Riyadh, Saudi Arabia, Feb. 10, 2009The time-honored friendship between China and Africa can be traced back to as early as the Ming Dynasty (1368-1644), when Chinese navigator Zheng He traveled to the African continent during his seven epic voyages.     In the 1960s, when most African countries launched a wave of independence struggles, late Chinese Premier Zhou Enlai had also visited Africa to express his country's staunch support for its African brothers.     The fates of the Chinese and African peoples are closely interrelated as they share a similar history and similar developmental tasks, and the two sides have carried out various forms of cooperation based on the principles of equality and mutual benefit. Chinese President Hu Jintao (L) meets with Malian President Amadou Toumany Toure in Bamako, Mali, on Feb. 12, 2009"Every time I come, it's like coming back home," Hu said while delivering a key speech in the Tanzanian capital of Dar es Salaam on Monday.     So far, China has provided aid to the best of its ability to 53 African countries under the framework of "South-South cooperation," aiming to help the countries achieve independent development and socio-economic progress.     China-Africa relations entered a new stage of comprehensive development at the Beijing Summit of China-Africa Cooperation Forum in 2006, when they established a new type of strategic partnership featuring political equality and mutual trust, economic win-win cooperation and cultural exchanges. Visiting Chinese President Hu Jintao (L) meets with his Senegalese counterpart Abdoulaye Wade in Dakar, capital of Senegal, Feb. 13, 2009Hu's latest visit to Africa, his sixth in all and second since the Beijing Summit, opens a new chapter in the China-Africa friendship.     The tour also brings new opportunities to review the results of the China-Africa friendly cooperation.     The Chinese president announced an eight-measure policy designed to strengthen pragmatic cooperation with Africa at the Beijing Summit in November 2006. Several months later, he paid a visit to Africa, during which a series of cooperation agreements were signed with an aim to implement the policy. Visiting Chinese President Hu Jintao (L) meets with his Tanzanian counterpart Jakaya Mrisho Kikwete in Dar es Salaam, Tanzania, Feb. 15, 2009Now in 2009, the concluding year for implementation of the package, the Chinese president visited Africa again to exchange views with the leaders of African countries on the fulfillment of the commitments made at the Beijing Summit.     During the visit, Hu also discussed with them the preparatory work for the fourth ministerial conference of the China-Africa Cooperation Forum later this year in an effort to enhance the China-Africa strategic partnership.     The swift and efficient implementation of the eight measures has brought tangible benefits, and the measures have thus been well received by the governments and people of Africa and the international community. Visiting Chinese President Hu Jintao (L) meets with Mauritian President Anerood Jugnauth in Port Louis, Mauritius, Feb. 17, 2009Chairman of the African Union (AU) Commission, Jean Ping, said in late January that China is Africa's key cooperative partner.     The AU chief also spoken highly of China's role in Africa's infrastructure development, saying "China has played a fundamental part in the improvement of infrastructure facilities across African countries."     The World Bank has said China has made major contributions to promoting the development of Africa, and expressed the hope that African countries would combine China's developmental experiences with their own national conditions.     Moreover, President Hu's trip this time brings new commitments for the future development of friendly and cooperative ties between China and Africa.     Countries around the world currently face grave challenges amid the ongoing global financial downturn, with the impact of the crisis spreading to emerging-market countries as well as developing nations.     Under such circumstances, Hu made a solemn pledge during his Africa tour that China will continue to implement its commitments made at the Beijing Summit in a timely and reliable manner, despite all the challenges his country faces in its own economic development.     China will by no means cut assistance to Africa, said Hu. Instead, it will do its best to continue to increase aid to the continent, offer debt relief to African countries, and expand trade and investment with them.     Hu's commitments were warmly applauded by the leaders of the African countries, who pledged to join hands with China in facing the impact of the financial crisis.     A Gabonese newspaper commented that China, which had pledged to honor its earlier commitments and not to reduce aid to Africa despite the economic pressure from the ongoing crisis, had indeed exercised the responsibilities of a big country.

HAIKOU, April 5 (Xinhua) -- Traffic had been resumed on Sunday on the highway that had been flooded by collapse of a small reservoir on March 27, in south China's Hainan Province, local authorities said.     The Wanning section of the province's eastern expressway had been resumed in both directions at 8:00 p.m. after nine days of reconstruction work, said an official with the provincial Communication Department.     The Bofeng reservoir, with a designed water storage capacity of1.02 million cubic meters, collapsed at about 10 p.m. in Xinglong Town, Wanning City.     The ensuing floods washed out a slip road to the province's eastern expressway and swept away two cars, injuring three people in the vehicles.     The water also inundated 20 hectares of farmland and caused slight damage to three riverside houses.     The municipal water conservancy administration had claimed that only 100,000 cubic meters of water burst from the reservoir. However, Chen Xingzhang, secretary of the CPC municipal committee of Wanning, doubted its credibility.     Vehicles had to detour around the flooded road over the past days.     The reservoir was being reinforced at the time of the accident. An investigation showed that workers of a company in charge of the project exploded part of the cofferdam before the water dropped to the safety level, which led to the collapse. The scheme had no approval from authorities at the time.     The construction contractor, Hongda Water Conservancy Projects Co, Ltd., based in Henan Province, and the project supervising company, Hainan Institute of Water Conservancy and Power Construction Survey and Design, were banned from carrying out further business in the city.     Police have detained four project workers in connection with alleged safety violations that led to the collapse in the province, the local Communist Party of China (CPC) committee said Monday.     Chen Ruchuan, former head of the water conservancy administration of Wanning City, and two deputy heads, were also sacked from their posts Monday, according to the Wanning municipal committee of the CPC.     The local government has been working on a plan to compensate people affected in the accident.