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BEIJING, April 17 (Xinhua) -- Chinese Vice Premier Hui Liangyu on Saturday called for more concrete measures in quake relief efforts in response to the instructions of China's top leadership.Hui, also the head of the State Council's quake-relief headquarters, made the remarks at the sixth plenary meeting of the headquarters.China's top leadership on earlier Saturday has urged all-out efforts to rescue trapped people in the quake zone in northwestern Qinghai Province at a meeting chaired by Hu Jintao, general secretary of the Communist Party of China (CPC) Central Committee, and attended by other members of the Standing Committee of the Political Bureau of the CPC Central Committee.Hui stressed a put-people-first principle in the relief work. Efforts to search for and rescue the buried survivors as well as offering medical treatment to the injured people are still the top priorities, Hui said.The relief work should be carried out in a scientific, orderly, effective and well-organized way, Hui said. There should be no "blind spot" in the rescue work and epidemic prevention, he said.Military forces, local authorities and the local people should keep in close cooperation in the relief work, he said.
BEIJING, April 7 (Xinhua) -- Chinese President Hu Jintao's upcoming visit to Brazil, Venezuela and Chile will be significant to furthering comprehensive development of China-Latin America relations, a senior Chinese diplomat said on Wednesday.Vice Foreign Minister Li Jinzhang told a press briefing that Hu will pay a state visit to Brazil and attend the second summit of the BRIC countries - Brazil, Russia, India and China - in Brasilia from April 14 to 17, make a state visit to Venezuela from April 17 to 18 and a working visit to Chile on April 18."China and Latin American countries, all as developing countries, share extensive common interests. China has always attached great importance to its relations with these countries," Li said.China-Latin America relations have maintained a good momentum of comprehensive and sustained growth with increased political mutual trust, expansion of cooperation and more frequent cultural exchanges, he said.Hu's visit will be made at the invitation of Brazilian President Luiz Inacio Lula da Silva, Venezuelan President Hugo Rafael Chavez Frias and Chilean President Sebastian Pinera.Hu will hold talks with President Lula and meet other leaders on furthering China-Brazil ties and boosting cooperation on major global issues, Li saidThe two countries will ink a joint action plan from 2010 to 2014 and agreements in the fields of culture, energy, finance, science and technology as well as product quality inspection, he said. China is Brazil's largest trading partner and biggest export market.During his first state visit to Venezuela, Hu will hold talks with President Chavez, when cooperation documents on energy, finance, culture, electricity and poverty alleviation are expected to be signed, Li said.Venezuela is China's fifth largest trading partner in Latin America with a trade volume of 7.15 billion US dollars in 2009.Hu will hold talks with President Pinera and meet with other Chilean leaders. China now is Chile's largest trading partner, and Chile is China's second largest in the Latin America. Their trade volume reached a record high of 17.7 billion US dollars in 2009.Li said, China expects to further friendly relations and deepen cooperation of mutual benefit with the three nations and promote comprehensive development of its relations with Latin America through Hu's visit."I believed that China-Latin America relations would achieve further development with our joint efforts," he said.
XIANGNING, Shanxi, April 9 (Xinhua) -- The death toll in the flooded Wangjialing Coal Mine in north China's Shanxi Province rose to 25 Friday after two more bodies were found and rescuers continued the search for 13 miners still missing.About 260,000 cubic meters of water had been pumped out by Friday, two times more than expected, and rescuers were focusing on two sections where the 13 were believed trapped, Liu Dezheng, spokesman of the rescue operation, told a press conference.But the rescue was difficult as the water level had not dropped quickly enough and it was adjacent to a disused shaft full of water and toxic gas, he said.Rescuers believed the disused shaft had caused the initial flood when broken into by workers.A total of 261 miners were working below ground when the mine was flooded on March 28, and 108 miners escaped unharmed while 153 were trapped underground.On Monday, 115 miners were brought out of the mine alive after being trapped for more than a week. They are receiving medical care in five hospitals in Hejin and Taiyuan Cities, Liu said.All the 26 miners in Shanxi Aluminum Plant Hospital are allowed by doctors to be visited by their family members.A few workers told Xinhua that they are even gaining weight after more than a week of starvation."I feel better and better, more energetic today and I want to get off bed," said Liu Mingcai from Hunan, who lost ten kilograms when trapped underground.Another survivor Peng Guangzhong said "I feel much safer and is no longer afraid. Oh, life is good."The rescue headquarters received nearly four million yuan (586,000 U.S. dollars) in donations and "countless" materials.Li Guangfei, a 41-year-old farmer from neighboring Shaanxi Province, drove his truck for more than 20 hours with his wife to donate 10,000 yuan, about 10 percent of their annual income earned from growing potatoes and vegetables and transporting coal."I hope the money can help tired rescuers buy some milk," he said.His feeling was shared by Sun Yali, who sold pork near the mine. She brought 10 pigs to the site, hoping the rescuers could enjoy the meat after 12 days of round-the-clock work.Volunteers are also busy helping the rescue.Zhang Huajie, 29, a shop owner, has been helping out wherever he can and has donated goods worth of more than 10,000 yuan."My personal strength is weak, but I share the common mission of rescuing the trapped," he said.
BEIJING, May 22 -- China's stock index futures wrapped up their first month of trading on Friday as the May contract was delivered smoothly without triggering sharp declines or volatility in the spot market.The May contract rose 0.51 percent to close at 2749.8 points while the June contract, the most actively traded, rose 1.44 percent to close at 2801 points. The CSI 300 Index, which tracks 300 large caps traded on the Shanghai and Shenzhen bourses gained 1.57 percent to 2768.79 points.The smooth settlement of the May contract eased investors' worries about the "expiration day effect", with fears that it would trigger sharper volatility on the spot market due to more active trading of index futures as investors rushed to close positions for May and changed to June contracts on that day."The trading volume and the holdings of the May contract dramatically decreased in the past month, which significantly reduced the incentive of price manipulation in the spot market," said Yang Cui, an analyst at Changjiang Securities.Chen Zhenzhi, an analyst at Guangfa Futures, said the impact of the expiry day was very limited due to the fact that most institutional investors have not participated in index futures trading.The China's index futures market is still dominated by retail investors although securities firms and equity funds have been allowed to trade the new financial instrument. The securities regulator required that institutional investors should trade index futures for hedging rather than speculative purposes.Trading of index futures contracts, agreements to buy or sell the CSI 300 Index at a present value on an agreed date, allow investors to profit from both gains and declines in the market. Chinese investors could previously only profit from gains in equity prices.Some analysts said the launch of the financial instrument was one of the reasons leading to the recent decline as the short selling mechanism increases market volatility in the short term.The benchmark Shanghai Composite Index has declined 17 percent since the launch of index futures trading on April 16. It has been ranked as one of the world's worst performers along with some debt-troubled European countries.But Wang Lianzhou, former deputy director of the National People's Congress' finance and economics committee, was recently quoted by Chinese media as saying that the market's decline should not be blamed on index futures, which is designed to make the market more professional and less speculative.
BEIJING, April 18 (Xinhua) -- The international community is continuously voicing support for China's relief efforts and praising the government's quick response to the strong quake which hit the country's Qinghai province on Wednesday.Condolences kept on pouring in on Saturday and Sunday from leaders of foreign countries and international, regional organizations, who sent messages of support to the Chinese government and people via phone calls, letters and other ways of communications with the Chinese leaders.Expressing his sympathy, Emperor of Japan Akihito said he was deeply saddened by the heavy casualties and property losses in the quake and wished people in quake zones could quickly rebuild their homeland.Irish President Mary McAleese expressed condolences to the Chinese people, and believed that the unity of the Chinese people would render the most powerful support to the recovery of the affected region.Dutch Prime Minister Jan Peter Balkenende said he appreciated the Chinese government's all-out efforts to carry out relief work under extremely difficult circumstances and hoped people in disaster areas could turn grief into strength, and overcome the disaster as soon as possible.Macedonian President Gjorge Ivanov said he believed that with solidarity and unity, the Chinese people would overcome this disaster.