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OMAHA, The United States, May 1 (Xinhua) -- U.S. billionaire Warren Buffett said on Saturday that China is an amazing economy and the Chinese people will be living better lives in 20 years than today.When responding to a question from a Chinese student who is currently studying at Kansas City, Buffett said China is a country with great potential."China is an amazing economy, there's no question about that, and China's excising this kind of potential," Buffett said at the annual shareholders' meeting of Berkshire Hathaway.Buffett, CEO of Berkshire Hathaway, also emphasized that countries around the world do learn from each other.China may learn a few things from U.S. in its own development, but "they don't take everything we have," he said, adding that at the same time, countries like India and China are also helping improve U.S.The billionaire said he was full of hopes for emerging economies like India and China. "People in India and China will be living better lives in 20 years than today."

TAIYUAN, March 28 (Xinhua) -- The number of people trapped underground after a coal mine flooding in north China's Shanxi Province was revised -- for a second time -- to 153 from 123, rescuers said late Sunday night.Investigations showed that 261 workers were in the pit of Wangjialing Coal Mine under construction when underground water gushed in at about 1:40 p.m.. Of them, 108 were lifted safely to the ground while 153 others trapped in the shaft, according to the rescue headquarters."Most of the trapped are migrant workers from Shanxi, Hebei, Hunan and Guizhou provinces," a rescuer said.Chinese Vice Premier Zhang Dejiang (1st R, front) oversees the search and rescue operation at the site of a flooding accident of Wangjialing Coal Mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, in north China's Shanxi Province, on March 29, 2010. The number of people trapped underground after the flooding accident at Wangjialing Coal Mine was revised -- for a second time -- to 153 from 123, rescuers said late Sunday nightThe exact number of people trapped is still being checked.Soon after the accident happened, the Shanxi Provincial Work Safety Administration and the Shanxi Provincial Emergency Affairs Office said 152 people were trapped underground, but officials later changed the figure to 123.Rescuers are struggling to save the trapped people, and local authorities are investigating the cause of the accident.President Hu Jintao and Premier Wen Jiabao ordered local authorities to spare no effort to save the trapped while guarding against secondary accidents.Vice Premier Zhang Dejiang rushed to the site late Sunday to oversee the search and rescue operation.The mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, covers about 180 square kilometers.The mining zone boasts more than 2.3 billion tonnes of coal reserves, including nearly 1.04 billion tonnes of proved reserves, according to the company's official website.It is now under infrastructure construction and is expected to produce 6 million tonnes of coal annually once put into operation.The mine, affiliated to the state-owned Huajin Coking Coal Co. Ltd., is a major project approved by the provincial government

BEIJING, April 6 (Xinhua) -- China's outstanding external debt reached 428.6 billion U.S.dollars by the end of 2009, up 14.4 percent from a year earlier, the State Administration of Foreign Exchange (SAFE) said here in a statement on its website Tuesday.The figure excluded Hong Kong Special Administrative Region (SAR), Macao SAR, and Taiwan.The country's registered foreign debt was equivalent to 266.95 billion U.S. dollars by the end of last year, up 2.5 percent from the 2008 level. Outstanding trade credits stood at 161.7 billion U.S.dollars, according to SAFE.China's foreign debt service ratio was 2.87 percent, while the foreign debt ratio and liability ratio stood at 32.15 percent and 8.73 percent, respectively, SAFE said.Mid- and long-term external debt, accounting for 39.52 percent of all outstanding foreign debt, totaled 169.39 billion U.S.dollars by 2009, most of which came from manufacturing and infrastructure construction in transportation, storage and postal services, it said.Short-term external debt rose 23 percent to 259.26 billion U.S.dollars year on year by the end of 2009, accounting for 60.48 percent of the total.New mid- and long-term debt in 2009 declined 38.18 percent to 22.45 billion U.S.dollars from a year earlier.China repaid principals for mid- and long-term loans of 34.19 billion U.S. dollars and 3.63 billion U.S. dollars in interest in 2009, up 46.78 percent and down 12.64 percent year on year, respectively, said SAFE.

BEIJING, March 30 (Xinhua) -- Chinese Vice Premier Li Keqiang Tuesday pledged to enhance cooperation with Finland and promote traditional friendly ties as the two countries celebrates the 60th anniversary of diplomatic relations.Meeting with Finnish parliament Speaker Sauli Niinisto, Li hailed the political, economic and cultural exchanges and cooperation, and the sound coordination on regional and international issues between the two countries.Li said the world economy had seen through its toughest period and witnessed some signs of recovery."However, a lot of uncertainties still remain and all countries should cope with them together," he said. Chinese Vice Premier Li Keqiang (R) meets with Sauli Niinisto, Speaker of the Parliament of Finland, in Beijing, capital of China, on March 30, 2010China's development would benefit its people and contribute much to the world economy, Li said. China would expand cooperation with Finland in coping with global challenges and the restructuring of the world economy."In doing so we can realize mutual benefits and fuel the sound recovery and sustainable development of the world economy," he said.Niinisto said China's development was an opportunity for his country and the two sides shared cooperation potential in clean energy and the low-carbon economy.Niinisto is in China for a four-day visit.

BEIJING, April 27 (Xinhua) -- Chinese President Hu Jintao on Tuesday called for more efforts to promote the "model worker spirit" nationwide to further advance social and economic development.Hu made the remarks at a rally honoring 2,115 Chinese national labor heroes and 870 advanced workers in Beijing ahead of the International Labor Day on May 1.Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also attended the ceremony, presided over by Premier Wen Jiabao. Chinese President Hu Jintao addresses a rally honoring Chinese national labor heroes and advanced workers at the Great Hall of the People in Beijing, China, April 27, 2010.Hu, also general secretary of the CPC Central Committee, praised the model workers and advanced workers for their "outstanding contributions in pushing forward the country's social and economic advancement.""They are the outstanding representatives of hundreds of millions of working people in China who have made noticeable efforts to help build a well-off society in an all-round way," Hu said."We should promote and popularize the spirit of model workers throughout the whole of society," Hu said, adding the nation should learn from them, act like them and care for them.Hu said efforts should be made to stimulate creativity of working people to enhance the nation's sound and fast economic development.Working people, Hu added, are the major force accelerating economic restructuring, an important process China is going through.Hu encouraged working people to improve traditional industries and develop strategic new industries, in a bid to build a creative-minded, energy-efficient and environment-friendly society.Hu said the government will take "political, economic, social, legal and administrative measures" to protect the interest of labor to boost social equality and justice.The government will also work to create more jobs and lift income for workers, Hu said.At the ceremony, Premier Wen Jiabao called on the whole nation to follow the example of model workers and make greater contributions to the country's development.

来源：资阳报