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FUZHOU, July 27 (Xinhua) -- A total of 274,300 people had been evacuated by Sunday afternoon in southeast China's Fujian Province as a strong typhoon was approaching, said the provincial flood control headquarters.     About 52,301 fishing boats had also returned to harbor as of 6:00 p.m. on Sunday. Disaster relief personnel had been helping people on fishing vessels get on shore, said Yang Zhiying, head of the flood control headquarters in Fujian.     Typhoon Fung Wong, the eighth tropical storm of this year, turned into a strong typhoon at 8:00 p.m. Its eye was monitored at the sea about 210 kilometers to the east of Taitung County in Taiwan, according to the provincial observatory.     It moved westward and was forecast to land Taiwan on Sunday night or Monday morning. Frontier guards fasten a vessel at a harbor in Fuzhou, capital of southeast China's Fujian Province, July 27, 2008. The intensifying Typhoon Fung Wong was forecasted to land in Fujian on Monday evening or Tuesday morning. The Fujian provincial flood control headquarters has demanded all vessels to return to harbor on Sunday. Disaster relief personnel have been sent to help women and children on fishing vessels get onshore.The observatory monitored that the typhoon would make another landfall in Fujian on Monday night or Tuesday morning, sweeping the province before moving up inland to east Jiangxi Province.     Influenced by Typhoon Fung Wong, Fujian was hit by winds up to force 8 to 11 in the morning. Its observatory forecast that rainstorm would continue on Monday in the province, which sits on the west of the Taiwan Straits.     From Monday night to Tuesday, winds are expected to reach force7 to 9 in the coastal cities of Fujian. Rainstorms or torrential rainstorms are forecast in the cities of Ningde, Fuzhou, Putian and Quanzhou.     "The continuous heavy rain is likely to trigger flood or other secondary disasters," Yang said.

BEIJING, Sept. 11 -- Inflation eased to its lowest level in August since June last year, giving the government more policy leeway to prevent an economic slowdown.     The consumer price index (CPI), the main gauge of inflation, rose 4.9 percent year-on-year, compared to 6.3 percent in July, the National Bureau of Statistics (NBS) said yesterday.     The CPI has been sliding since May, but still many economists were caught by surprise by last month's drop because they had forecast it to be above 5 percent. The month-on-month fall was only 0.1 percent.     But last month's producer price index (PPI), a gauge of factory gate inflation, rose a record 10.1 percent year-on-year, after jumping 10 percent in July.     Nevertheless, the low CPI figure gives the government "more policy room to sustain growth," Citigroup economist Ken Peng said.     He suggested the authorities consider further policy changes favoring growth, which could shift to full gear next month.     Economic growth has been slowing since the second quarter of last year, when the government adopted monetary and credit measures to rein in inflation and prevent the economy from overheating further.     Yet economists began warning of a recession since the beginning of this year, especially because the country's export sector, a key growth engine, started losing steam on weaker foreign demand.     The government responded it would strive to maintain a stable economic growth this year, leading to speculation that it would soon ease the tightening measures. But any step to stimulate the economy, such as lower interest rates or faster loan growth, risks spurring demand and stoking inflation again.     "Unless there's an abrupt slowdown, there's no need for a major change in the marco-control measures," said Lian Ping, an economist with the Bank of Communications. "The current 10 percent GDP growth is largely seen as acceptable."     The CPI rise is likely to stabilize around 5 percent during the rest of the year, he said, because food prices may continue to drop. Inflation fell last month mainly because of a drop in food prices, which make up one-third of the inflation basket. Food prices slid 0.4 percent from July.     A falling inflation rate gives the government a good chance to lift its price control on products such as fuel, water, and electricity further, Lehman Brothers economist Sun Mingchun said.     In the past year, policymakers have managed to freeze the prices of public utilities, and fuel and power tariff. They introduced temporary price curbs on some other goods, too, to rein in inflation.     Yet soaring labor and raw material costs, reflected in the rising PPI figure, have eaten into the profit of local enterprises because price control and fierce competition prevented them from passing the inflationary pressure on to consumers.     Such price liberalization could make the CPI rise again in the next few months, Sun said.     "But if implemented in a gradual and orderly way, inflation should remain below 6 percent year-on-year during the rest of the year."

BEIJING, April 25 -- The key mainland stock index yesterday soared 9.29 percent, the biggest one-day jump in six years, as investor sentiment was boosted by the government lowering of stamp duty.     The slashing of trading tax from 0.3 percent to 0.1 percent, effective yesterday, was widely seen as another government effort to lift the stock market from the doldrums it has been in for six months.     It followed the introduction of trading rules last Sunday to mitigate the impact of an expected flood of previously non-tradable shares after the lock-in period, which could greatly depress the market. Investors look over information at a stock exchange at a stock trading hall in Beijing, April 24, 2008. Equities trading tax cut, which is widely believed as policy boost by government to stem the recent slump, sends Chinese shares 9.29 percent higher on Thursday, the biggest gain since Oct 23, 2001    The Shanghai Composite Index yesterday surged 304.7 points to close at 3583.03.     In yesterday's trading, gainers outnumbered losers by 853 to 1. The Shenzhen Component index jumped 9.59 percent, or 1130.61 points to close at 12914.76. Total market capitalization swelled 9.2 percent to 22.94 trillion yuan (.3 trillion).     Turnover on the two bourses more than doubled from the day before to 261 billion yuan ( billion), the highest this year.     Analysts said the reduction in the stamp duty and restrictions on the sale of unlocked shares showed that the market has fallen as low as the government would like to see.     "The timing of the stamp duty cut suggests that the 3000 point may be a psychological bottom line for policymakers," said Peng Cheng, an economist at Citi China.     "The government had been patient in waiting until the market correction was more than 50 percent before taking action," Peng added.     Xu Wei, an analyst at Sinolink Securities, estimated that the cut in stamp duty saves investors up to 102 billion yuan (.7 billion) a year.     In addition, "the relatively lower A-share valuation and the more stable performance of overseas stock markets have combined to help investors regain confidence," said Rui Kun, a fund manager at China international Fund Management Co Ltd.     Security companies, especially those focusing on brokerage services, will benefit from the increasingly active trading because of the stamp tax cut, analysts said.     Shanghai-based Haitong Securities, Sinolink Securities and Guoyuan Securities soared to the daily limit of 10 percent.     However, some market insiders said that weak fundamentals and unfavorable China economic growth data are likely to outweigh the positive impact of the government move, and the rebound may not last long.     "It is doubtful that such administrative measures can have a sustained effect on shares when earnings face significant challenges in the periods ahead," said Peng at Citi China.     "The cumulative effect of tightening policies and rising input costs, along with shrinking demand, could cut profits more deeply than what is currently evident," Peng added.

CHENGDU, May 26 (Xinhua) -- China's top legislator Wu Bangguo arrived in Chengdu, capital of quake-hit Sichuan province Monday, where he visited a hospital and a distribution center of relief materials.     Wu, chairman of the Standing Committee of the National People's Congress, immediately went to the General Hospital of the Chengdu Military Command Area upon his arrival. China's top legislator Wu Bangguo visits Li Kecheng, a 55-year-old survivor who was saved after being buried in the rubble for 108 hours, in a hospital in Chengdu on May 26, 2008The hospital has received more than 3,000 injured people since May 12, when a 8.0-magnitude earthquake jolted southwest China and killed more than 60,000 people.     Two pupils from Beichuan county, one of the worst hit areas, Hua Meihua and Ji Lei, told Wu that they have received good treatment in the hospital and have been recovering.     "You are brave and good kids. You will recover soon. When you return to school, you must study hard," said Wu, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee,.     Wu also chatted with 81-year-old veteran Sun Menglin in the same ward. China's top legislator Wu Bangguo visits Yuan Yi, a girl of 20 who was saved after being buried in the rubble for 104 hours, in a hospital in Chengdu on May 26, 2008."I have never cried when I fought in the war as a soldier, I but wept this time. I was moved by the unity among people," said Sun whose left leg was seriously injured in the quake.     The hospital is also treating several survivors buried under the rubble for more than 100 hours.     Wu shook hands with four of them at the side of their beds. "You have created miracles of life. People across the country are thinking of you and hoping you to recover as early as possible. Let's believe no difficulty will stop us once we join hands," he said.     Wu thanked doctors and nurses at the hospital for working day and night to save lives.     He then went to the Chengdu Railway Station, which has become an important distribution center of relief materials from home and abroad.     Wu talked with volunteers working at the station. "Coming from every corner of the country, you are an important force in the quake relief efforts. I hope relief materials could be delivered to thousands of needy people through your hard work."

BEIJING, August 1 (Xinhua) -- A senior Party official has called for constantly strengthening the entire capacity and competitiveness of China's film and television industry, so as to push the country's film and TV products to the world.     Great efforts must be made to innovate the sector, regarding both content and the form of film and TV works, the structure and mechanism of the industry, and the means of spreading film and TV works, said Li Changchun, member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau. Li Changchun (C), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits the newly completed China Film Group Digital Film Production Base in Beijing, capital of China, Aug. 1, 2008.    Li made the remarks on Friday during a visit to the newly-built national digital studio. He was accompanied by Politburo members Liu Yunshan and Liu Yandong during his stay at the National Digital Studio of the China Film Group Company.     During his visit, Li visited a 5,000-square-meter sound stage and watched presentations on the making of digital films. Li Changchun (2nd L), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, visits the newly completed China Film Group Digital Film Production Base in Beijing, capital of China, Aug. 1, 2008. In talks with some staff he spoke highly of the modern studio, calling its completion a result of the country's cultural restructuring and an important symbol for the development of the cultural sector.     "It proves the Party Central Committee's decision on the cultural restructuring is completely correct," he stressed.     Li urged Chinese film and TV makers to produce more film and TV works for both domestic and international markets, noting homemade products should take a larger share of the domestic market and be more competitive on the international market.     He called for educating more talented professionals for China's film and TV industry. People of all circles should show their care and support to the development of the sector, he said.     According to company sources, it took 2.5 years to build the digital studio. It is composed of different workshops for making films and TV programs, recording, digital processing, film printing and making flash and cartoon films.