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ISLAMABAD, Aug. 2 (Xinhua) -- All the Chinese trapped in the flood-hit Pakistan's northwest province of Khyber Pakhtunkhwa have been evacuated to safe places with the assistance of the Pakistani side, said Liu Jian, Chinese Ambassador to Pakistan on Monday.According to Liu, a total of 265 Chinese workers and engineers working at a hydro power station project in the Patan area of Kohistan District in Khyber Pakhtunkhwa were trapped on a mountain after a huge landslide triggered by floods and torrential rains washed across their work site on July 29.Three Chinese engineers and workers went missing after they were reportedly washed away by the flood water and landslide while working inside a tunnel.The trapped Chinese who retreated up to a nearby mountain surrounded by the flood water suffered a great deal as they were in serious lack of food and water and had to fight the coldness of living in the open atop a mountain lashed by torrential rains.Upon hearing the news of the Chinese trapped in the flood-hit area of northwest Pakistan, the Chinese embassy immediately kicked off an emergency rescue operation under the assistance of the Pakistani government, army and police.Three military helicopters were dispatched to the site where the Chinese were trapped for the rescue work. Large numbers of troops and police forces were mobilized as well. The Chinese ambassador together with his embassy colleagues also rushed to the site from Islamabad on July 31 by fighting the difficulties on the disrupted roads leading to Patan.After nearly five days of cocerted efforts by the Chinese and Pakistani sides, all the Chinese trapped on the mountain in the Patan area had been evacuated to safe places as of late Monday afternoon, said Liu Jian, adding that the search operation for the three missing Chinese is still underway.However, the chance for the survial of the three missing Chinese is very slim, said Pakitani police officers who are involved in the search operation.

BEIJING, June 12 (Xinhua) -- China's top economic planner Saturday forecast a "mild" year-on-year rise in the consumer price index (CPI), a main gauge of inflation, in June, resulting in an average CPI increase of around 2.6 percent in the first half.The projection by the National Development and Reform Commission (NDRC) came one day after China released its latest economic data.The latest estimate was revised up from a 2.5-percent CPI rise the NDRC projected on May 18.China's CPI hit a 19-month high with a 3.1 percent year-on-year increase in May, surpassing the central government's targeted 3 percent annual inflation limit.During the January-May period, China's CPI rose 2.5 percent year on year.According to the NDRC's projection posted on its website, China's June CPI will dip slightly month on month, but still post a "mild year-on-year increase" due to the low comparison basis in the same month last year.The NDRC said positive factors for basic price stability were on the increase, citing sharp falls in international commodities prices, the government's macro control policies and a crack-down on farm produce speculation as well as a possible good grain harvest this summer.Sheng Laiyun, spokesman for the National Bureau of Statistics, said Friday at a press conference that China had the basics for keeping prices under control this year."Although China faces quite a lot of pressure, the 3-percent target (for the whole year) is still possible with effort," he said.

BEIJING, Aug. 13 (Xinhua) -- China and Switzerland on Friday agreed to start free trade agreement (FTA) talks, as the two states celebrate their 60th anniversary of diplomatic ties.Chinese President Hu Jintao and his Swiss counterpart, Doris Leuthard, witnessed the signing of the memorandum of understanding on finishing the FTA feasibility study that was started in 2009.The two states will begin FTA talks as soon as possible, the Chinese Ministry of Commerce said in a statement.Chinese President Hu Jintao (R) meets with Doris Leuthard, president of the Swiss Confederation and head of the Federal Department of Economic Affairs, at the Great Hall of the People in Beijing, capital of China, Aug. 13, 2010.As one of the first Western countries to forge diplomatic relations with the People's Republic of China, Switzerland has become China's major trade partner in Europe."Facing new opportunities, China-Switzerland relations are at a new starting point," Hu told Leuthard during their 30-minute meeting at the Great Hall of the People in Beijing.President Hu hailed the development of bilateral relations and pledged to further expand political trust and trade and economic cooperation.Leuthard conveyed her nation's condolences to China over the series of natural disasters the country has suffered recently.Leuthard also said Switzerland will stick to the one-China policy.In China for a working visit, Leuthard also said the two states should boost cooperation in finance, education, culture, environmental protection, tourism and on international affairs.

BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.

MOSCOW, June 21 (Xinhua) -- China has played a role of great importance during the founding and development of G20, Russian presidential aide Arkady Dvorkovich said on Monday."Without China's participation, it would be much more difficult for the group to discuss or solve the developmental problems of world economy. Therefore, the participation of China, as well as some other emerging economies like Brazil and India, has become prominently significant," Dvorkovich commented after a news conference ahead of the upcoming G8 and G20 summit in Toronto, Canada.The presidential aide said the Chinese leaders' stance and viewpoints, proposed in the previous three G20 financial summit since November 2008, have helped stabilize the world economy as a whole.Dvorkovich noted that China's decision on further exchange rate reform was not outcome of external pressure.He said that any country, including Russia, China and the United States, could not allow their domestic policies to be ruled by external factors. The nations, however, should understand the common and mutual responsibilities in the global economic system.The delegates to the G20 summit will adjust their polices after consultations, but nobody will bend under pressure, he stressed.Dvorkovich said that several countries may voice concerns over China's exchange rate policies at the summits, but there will not be large-scale discussions over the Chinese currency.The People's Bank of China, China's central bank, announced on Saturday a decision to proceed further with the reform of the exchange rate regime to enhance the flexibility of the RMB's exchange rate.

来源：资阳报