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BEIJING, March 16 (Xinhua) -- China's Ministry of Railways (MOR) signed a deal with state-owned vehicle producer CNR Corporation Limited (CNR) here Monday to purchase 100 high-speed CRH trains for 39.2 billion yuan (about 5.74 billion U.S. dollars). CRH, an abbreviation for China Railway High-speed, refers to trains with speeds above 200 km per hour. With a designed speed of 350km/h, the new CRH trains will travel between Beijing and Shanghai in 2011, when the construction of the 1318-km, high-speed railway between the capital city and the country's financial hub is expected to complete. "The contract does not include any foreign parties, as Chinese companies possess core technologies for the high-speed trains and have complete intellectual rights over the 350km/h CRH type," said Zhang Shuguang, director of the transport department under the MOR. The MOR had introduced railway technologies from Japan, France, Germany and Canada in the development and production of the 200km/h CRH trains already in operation at present. According to the agreement between the ministry and CNR, all 100 trains will be self-developed and manufactured under the CNR group. Tangshan Railway Vehicle Co. and Changchun Railway Vehicle Co., two CNR subsidiaries, will be in charge of the production of 60 sets and 40 sets, respectively. Zhang said China would see "large purchases" of CRH trains in the coming years upon the completion of more passenger railway lines across the country. The MOR has planned to spend 500 billion yuan to buy trains over the next four years. "The purchases will provide strong support for related industries," Zhang said. The manufacturing of a CRH train requires nearly 100,000 parts from a wide range of industries such as mechanics, metallurgy, electrics, chemical, and materials. "We will buy more CRH trains this year as a move to help stimulate domestic demand," said Zhang without giving further details on the purchasing plan.
GUILIN, (Guangxi), Feb. 14 (Xinhua) -- China will tighten water resources management and take measures to reduce waste to cope with worsening water shortage, Water Resources Minister Chen Lei said here Saturday. Water shortage impelled us take into consideration of overall economic and social development and economical use of water resources to ensure sustainable economic and social development, Chen said at a national conference in Guilin, in southern Guangxi Zhuang Autonomous Region. China is planning to reduce water consumption per unit of GDP to 125 cubic meters by 2020, down 60 percent from now, Chen said. Water consumption averaged 229 cubic meters per 10,000 yuan worth of products, according to statistics provided by the Ministry of Water Resources (MWR) at the end of 2008. That figure was down 10 percent compared with the previous year. Statistics released Saturday showed the country lacked 40 billion cubic meters of water every year, with almost two thirds of cities suffering various levels of water shortages. More than 200 million rural people face drinking water shortages. At the same time, farmland stricken by drought reached 230 million mu (15.3 million hectares) every year, nearly 13 percent of the total farming area. The most severe drought in half a century, which is hitting China this spring, affected 111 million mu of crops so far, with 4.68 million people and 2.49 million livestock threatened by water shortages, according to official statistics from the State Flood Control and Drought Relief Headquarters. "We must take strict measures to preserve water resources in the face of the severe lack of water worsened by factors such as overuse, pollution and drought ," Chen said. The ministry also expected to increase 79.5 billion cubic meters of water resources by 2020 and secure water supplies for both urban and rural people. Chen proposed reinforcement of laws and regulations on water allocation, consumption and preservation as a fundamental way to achieve this goal.

BAMAKO, Feb. 12 (Xinhua) -- Chinese President Hu Jintao Thursday vowed to increase aid to African countries, cancel part of their debts, and expand trade with and investment in these countries. Hu made the statement while meeting with his Malian counterpart Amadou Toumany Toure. Hu, making his first visit to this western African nation, was accorded a 21-gun salute in a welcome ceremony before the two presidents started talks. This is Hu's second African tour since the landmark China-Africa summit in 2006 when Hu announced eight measures to promote ties with Africa, including massive tariff cuts and debt exemptions for scores of African countries, and doubling aid to Africa over a three-year period. In the past two years, China has increased aid to African countries, eliminated tariff for goods from some least developed African nations, and cancelled parts of the debts owed by African countries, Chinese Assistant Foreign Minister Zhai Jun said days ahead of Hu's visit. Chinese President Hu Jintao (L) meets with Malian President Amadou Toumany Toure in Bamako, Mali, on Feb. 12, 2009 Trade between China and African countries increased to 106.8 billion U.S. dollars last year from just under 40 billion dollars in 2005, according to the Chinese Commerce Ministry. Hu said that as the world financial crisis has posed severe challenges, it is of greater significance to step up China-Africa solidarity and cooperation. "China is paying much attention to African countries' difficulties and concerns as the global financial crisis has begun to take a toll on Africa," Hu said. "We would like to increase communication and exchanges with Mali and other African countries so that together we will tide over the crisis," Hu said. On China-Mali ties, Hu said the two countries will usher in a new era of development as next year marks the 50th anniversary of their diplomatic ties. Hu hailed the past 49 years of friendship as a "paradigm of south-south cooperation" and described the two nations as "good friends, partners and brothers." To boost bilateral relations, Hu proposed that both nations keep high-level visits and increase exchanges between their governments, parliaments, militaries and non-governmental organizations. On economic ties, Hu proposed that both sides step up coordination and carry out government-to-government cooperative programs. Furthermore, the Chinese government would like to encourage and support Chinese businesses with strong capacities to invest in Mali, he said. Hu called for the two countries to work more closely in telecommunications, agriculture, and infrastructure construction among others. He also suggested setting up a bilateral trade and technology steering committee so as to plan and coordinate cooperative programs. China welcomes Mali to showcase its civilization and arts in the 2010 Shanghai Expo, Hu said. Hu also pledged to continue to offer help in personnel training and provide Mali with medicines and equipment to fight malaria. On international affairs, Hu said China will urge the international community to pay greater attention to Africa's development and help the continent attain the United Nations Millennium Development Goals. On his part, President Toure said his people cherished their friendship with China, which is sincere, consistent and durable. Toure also appreciated China's long-term assistance for his country, which he said played an important role in promoting Mali's economic and social development and improving people's livelihood. Looking to the future, Toure said his country will strengthen solidarity and friendly cooperation with China. He said that Mali will, as always, adhere to the one-China policy. Following their talks, the two leaders signed cooperative deals and gave a briefing to the media. During his two-day stay in Bamako, Hu will meet with President of the Malian National Assembly Dioncounda Traore. Hu is also scheduled to attend the inauguration of a China bridge construction aid project in Bamako and the opening ceremony of a China-aided anti-malaria center, and meet Chinese medical workers in Mali. From Mali, Hu will travel to the three African countries of Senegal, Tanzania and Mauritius.
MEXICO CITY, Feb. 10 (Xinhua) -- Chinese Vice President Xi Jinping said here Tuesday that new efforts are needed to further promote China-Mexico economic and trade cooperation amid the current global financial crisis. Xi, who is here for a three-day official visit to Mexico, made the call in a speech at a luncheon hosted by Chinese and Mexican entrepreneurs. Xi hailed the rapid development of bilateral economic and trade cooperation, saying it plays an important role in China-Mexico ties and has brought tangible benefits to the people of both nations. China and Mexico should make new efforts to maintain the good momentum of such cooperation in order to tackle the challenges brought by the ongoing financial crisis, he said. To this end, Xi proposed promoting bilateral economic and trade cooperation from a strategic perspective, improving the service of both governments, promoting cooperation in key fields, bringing into full play the dominating role of enterprises, and expanding cooperation in world economic affairs. Mexican Secretary of Foreign Relations Patricia Espinosa Cantellano said in her opening speech at the luncheon party that both Mexico and China are facing new challenges under the current financial situation, thus "solidarity and closer cooperation" are very important for the two countries. She also called for more bilateral exchanges in all fields, "not only political and economical, but also social and civilian." The luncheon party was held on the sideline of the 19th Plenary Meeting of the Mexico-China Business Committee, which was started here Tuesday and brought together representatives from big companies in Mexico and some 20 Chinese companies. The meeting aims to boost bilateral investment and commercial exchanges between China and Mexico, according to Fernando Ruiz, technical director of the COMCE. Ruiz said mutual investment between China and Mexico has large room for improvement. "There are great opportunities for Chinese investors in Mexico in different sectors, like automobile, construction and energy." In November, at the Asia Pacific Economic Cooperation Forum held in Lima, Peru, Mexican President Felipe Calderon said China had offered great possibilities for his country as the global financial crisis unfolded. Mexico registered an economic growth rate of only 1.8 percent in 2008, the second worst performance among Latin American countries after Haiti. The United States was Mexico's largest exports destination, taking 89 percent of all its exports. But the ongoing crisis has forced the Mexican government to seek alternative markets. In December, Mexico's Deputy Foreign Minister, Lourdes Aranda, said his country was concerned about its declining exports to the United States, and its ties with China "were very important." According to data from the Chinese Commerce Ministry, commercial exchanges between China and Latin America grew 50.9 percent from January 2008 to January 2009.
BEIJING, April 4 (Xinhua) -- The industrial production of China's chemical sector increased 2.4 percent year on year in the first two months, and the falling trend for major product's output was eased, according to data released by the Ministry of Industry and Information Technology (MIIT) on Friday. The figure was calculated based on the comparable working days in the first two months, since China's Lunar New Year holiday fellin February last year, but in January this year. Zhu Hongren, official with the MIIT said although the output expansion was marginal, the contracting trend for the production of major chemical products was eased. Of the major 30 chemical products monitored by the ministry, 21saw output falling in the first two months, but the falling rate was tempered from that in December. In addition, three products saw output get back to growth. To support the annual "Spring Plough" season, the output of major three chemical fertilizer rose 4.6 percent to 8.75 million tonnes through January to February. The pesticide production grew 9.1 percent to 394,000 tonnes in the first two months, and that for February alone jumped 14.4 percent. Zhu Hongren said despite of the easing contraction, it was too early to be optimistic, citing the chemical industry faced the most difficult condition comparing with other raw material producing sectors. China's industrial output rose 5.2 percent year on year in the first two months, with the growth slowing from December, MIIT said last week. The figure was 0.5 percentage point lower than in December, dragged down by plummeting exports and high inventories, according to MIIT. Experts said the figure showed Chinese industry was still feeling the pinch of the global downturn.
来源:资阳报