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BEIJING, June 7 (Xinhua) -- Authorities in several south China provinces issued flood alerts on Monday after a new round of storms is expected to pound the region that still reels from recent floodings.The national weather forecast says much of southern China, including provinces such as Guangdong, Guizhou, Jiangxi and Guangxi Zhuang Autonomous Region are to experience storms in coming days.Many of the areas were drenched in last month's wide-scale heavy rains.A resident rows a raft in Chengjiang Town of Yao Autonomous County of Du'an, southwest China's Guangxi Zhuang Autonomous Region, June 7, 2010. Flood still remains in some parts of Du'an on June 7, seven days after heavy rainstorms killed 38 people.In the worst-hit Guangxi Zhuang Autonomous Region, the government on Monday said death toll from recent landslides and flooding has climbed to 53.Forty-two counties in nine Guangxi cities were affected. In Chengxiang village, people were forced to row make-shift boats -- made of plastic bottles and planks -- to commute through the flooded streets.Chen Jian, the region's chief weather forecaster, said heavy rains are expected to fall on six Guangxi cities from June 7 to 10.Local disaster relief officials were ordered to evacuate residents in low-lying areas in advance. Safety measures at reservoirs shall also be reviewed, officials said.In Jiangxi Province, where mudslides recently derailed a train and flooding forced the evacuation of 90,000 residents, government departments and agencies were ordered to ramp up flood prevention measures.Schools, coal mines, markets and other populated areas will be carefully monitored to prevent accidents that could lead to massive casualties, according to officials.The alert noted that water levels in Jiangxi's reservoirs and waterways remain high, posing serious threats to the government's flood prevention work.Alarms also rang in central Hubei Province. The provincial meteorological bureau forecast heavy storms to hit Hubei from June 7 to 8 and might trigger flooding in its southern mountainous areas.By June 3, floods have killed 125 people and left 34 people missing all over China, the Office of State Flood Control and Drought Relief Headquarters said.More than 23.09 million people and 1.55 million hectares of crops were affected. Direct economic losses amounted to 16.9 billion yuan (2.47 billion U.S. dollars), it said.

BEIJING, June 12 (Xinhua) -- Chinese Vice Premier Li Keqiang has said that low-rent and affordable housing construction should be sped up to meet people's basic demands for living.The construction of public low-rent housing seeks to offer middle and low-income urban residents with adequate housing and affordable rents. This not only helps curb skyrocketing property prices in some cities, but is also conducive to bridge the income gap and assist in urbanization, Li told a national meeting which concluded on Saturday.While speaking at the two-day meeting, Li urged local authorities to create favorable taxation and financing policies to support such housing programs.He noted that private capital is also welcome to join the mission to diversify fund raising channels. Li urged different localities to explore their own methods based upon their unique conditions to carry out housing construction.Li also said that the construction and distribution of low-rent housing should be transparent and fair.Exorbitant housing prices in some cities have become a major complaint of Chinese citizens. Home prices in 70 large and medium-sized cities rose by 12.4 percent year on year in May, the National Bureau of Statistics said this week.However, the growth rate was 0.4 percentage points lower than that of April, as property sales in major big cities dropped following a string of government measures to rein in prices.

BEIJING, July 28 (Xinhua) -- Profits at Chinese industrial enterprises in 24 regions climbed 71.8 percent year on year to 1.61 trillion yuan (237.5 billion U.S. dollars) in the first six months, the National Bureau of Statistics (NBS) said Wednesday.The growth rate was 11.2 percentage points lower than that in the first five months, the NBS said in a statement.Combined revenues for the enterprises totaled 25.9 trillion yuan in the first half of the year, up 36.5 percent from a year earlier - a growth rate 2.4 percentage points lower than in the January-to-May period.Most of the 39 major industries posted year-on-year profit growth.The 24 regions comprise all of the Chinese mainland provinces, municipalities and autonomous regions except the Inner Mongolia and Tibet autonomous regions; Hunan, Guangdong, Hainan and Yunnan provinces; and Chongqing.China's industrial value-added output expanded 17.6 percent year on year in the first half of the year. But month-on-month growth began to slow in March, with June's growth at 13.7 percent year on year.

BEIJING, July 25 (Xinhua) -- A swollen subtributary of the Yangtze River has sent a deluge to Danjiangkou Reservoir, a major reservoir in central China's Henan and Hubei provinces, the state flood control agency said Sunday.The water level of the Danjiang River, a tributary of the Hanjiang River, rose to 217.59 meters Saturday afternoon, with a water flow of 10,000 cubic meters per second, the highest since 1953, said a statement of the State Flood Control and Drought Relief Headquarters.Hanjiang River is the second largest tributary of the Yangtze River, China's biggest river.Flood gushed into the Danjiangkou Reservoir, at the confluence of the Danjiang and Hanjiang rivers, 34,100 cubic meters a second early Sunday, the second biggest deluge since the reservoir was built in 1968.Liu Ning, vice minister of water resources and secretary general of the State Flood Control and Drought Relief Headquarters, said Sunday that local authority should closely monitor the weather, and step up monitoring efforts against potential flood risks.Premier Wen Jiabao has ordered local governments to adopt scientific measures to prepare well for "more serious floods and disasters" as some of the country's major rivers surpassed their warning levels.Wen said China was at a "crucial stage" for flood control during an inspection tour in Hubei Province that began July 23.

BEIJING, July 2 (Xinhua) -- The central parity of the Renminbi (RMB), or China's currency yuan, strengthened to 6.7720 per U.S. dollar on Friday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

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