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BEIJING, June 2 (Xinhua) -- Monks across China on Wednesday chanted prayers for the victims of the earthquake that struck northwest China's Qinghai Province in April, exactly 49 days after the deaths, which according to Buddhist belief marks the start of the souls' reincarnation. Major temples of the three main schools of Buddhism in China all held prayer rituals for the about 2,700 victims killed in the 7.1-magnitude earthquake that hit Yushu on April 14, a statement from the Buddhist Association of China (BAC) said. About 1,000 Mahayana Buddhist monks attended the prayer session at Beijing's Guangji Temple led by Chuanyin, the BAC president, while the 11th Panchen Lama, the association's vice president, hosted another prayer session at the Lama Temple, an important Tibetan Buddhist temple in Beijing. In southwestern Yunnan Province, monks of Hinayana Buddhism gathered at the Zongfo Temple to pray. Other important temples in Shanxi, Zhejiang, Shanghai and Lhasa also held prayer rituals at the same time. The monks prayed for the victims' souls and for the survivors to overcome the hardships caused by the disaster. Xuecheng, BAC vice president and secretary general, presided over the prayer ritual at the Gyegu Monastery, the main temple in quake-hit Yushu. About 1,000 monks and local residents attended the prayer ritual at the massive cremation site for hundreds of Tibetan quake victims in Gyegu township. Many local residents arrived at the cremation site early in the morning, praying for the dead while turning prayer wheels. Some kowtowed in memory of the dead. "So many eminent monks and living Buddhas attended the prayer ritual and I believe my love is sure to enter the paradise," said Benma, who lost her husband in the quake. "Many good-hearted people have given us support and the monks have been praying day and night," she said. Xuecheng presented to local monks the 2.3 million yuan (338,000 U.S. dollars) raised by the BAC on April 16. According to the State Administration for Religious Affairs, religious circles had donated about 94.52 million yuan (13.72 million dollars) as of Tuesday, of which 70.45 million yuan came from Buddhists.

SEOUL, May 28 (Xinhua) -- Seeking to increase cooperation and good neighborliness with South Korea, Chinese Premier Wen Jiabao on Friday started his three-day official visit to the country.TO SPEED UP ESTABLISHMENT OF FTAA key issue during the visit is to speed up the establishment of the free trade area (FTA) between the two nations.During a meeting with South Korean President Lee Myung-bak, the Chinese premier said that the FTA negotiations between China and South Korea could be launched later this year or early next year upon the completion of a feasibility study."When the joint feasibility study by the governments as well as industrial and academic circles is successfully completed, the two countries can inaugurate negotiations on the China-South Korea FTA in the second half of this year or the first half of next year," said Wen.Chinese Premier Wen Jiabao (L) shakes hands with South Korean President Lee Myung-bak during their meeting in Seoul May 28, 2010. Wen arrived in Seoul earlier Friday on his official visit to South Korea.After their talks, Wen and Lee also witnessed the signing of a series of cooperative documents, including a Memorandum of Understanding about the feasibility study of the China-South Korea free trade agreement.Earlier, Lee hosted a welcome ceremony for Wen's visit, and they held formal talks following more than one-hour smaller-group discussions.Wen highlighted the sound development of China-South Korea trade ties, urging the two countries to make joint efforts to overcome difficulties caused by the global financial crisis and promote bilateral cooperation to a new level.China and South Korea should strive to make bilateral trade volume meet the target of 200 billion U.S. dollars by 2012 and 300 billion U.S. dollars by 2015, said Wen.Wen also suggested that the two countries materialize mid- and long-term trade cooperation guidelines and explore new trade cooperative fields, deepen cooperation in areas like high technology and circular economy, combat trade protectionism, expand cultural and youth exchanges, step up coordination within the framework of the Group of 20 (G20) and promote reform of the international economic governance system to make it fairer and more rational."China supports South Korea's efforts for hosting the G20 summit in the second half of this year," said Wen.Wen and Lee agreed to further promote China-South Korea relations of strategic cooperation and partnership, which was established in 2008.China and South Korea, both important countries in East Asia, have extensive common interests, and China attaches importance to its relations with South Korea, hoping the two countries could enhance communication and cooperation in a bid to benefit the two peoples and promote peace and stability in the region, Wen said.The two countries have kept close cooperation in the process of tackling the global financial crisis and safeguarded common interests, Wen said.President Lee said South Korea and China are both engaged in the development of relations of strategic cooperation and partnership, and that cooperation between the two countries has registered rapid progress in various fields.The two countries, which have worked together to deal with the financial crisis and oppose trade protectionism, are maintaining the momentum of bilateral trade growth and are making important contribution to world's economic recovery, said Lee.He said South Korea is willing to work with China to keep high-level exchange and political dialogue, further improve bilateral trade, quicken FTA construction, and enhance cooperation in such areas as clean energy, environmental protection and the development of green economy.Lee said South Korea will coordinate with China in multilateral mechanisms like the G20.

BEIJING, May 31 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, issued a circular Monday requiring banks to curb lending to energy-intensive industries, a move echoing government energy-saving and pollution-reduction measures.Banks must strictly review loan applications from companies in energy-consuming industries, the circular said, adding that only bank headquarters can extend loans to finance capacity expansion projects in energy-guzzling sectors.It also banned new credit to any projects not complying with government energy-saving policies.According to the circular, banks should conduct an overall review of loans to energy-intensive industries and report the results to the central bank by the end of June.The State Council, China's Cabinet, urged in early May all government departments make efforts to cut emissions and conserve energy to meet the country's target set in the 11th Five-Year Plan (2006-2010), according to which China will cut its per unit GDP energy consumption by 20 percent compared with 2005 levels by the end of 2010.

BEIJING, June 2 (Xinhua) -- China's vegetable prices will fall further with increasing supplies as temperatures continue to climb, the National Development and Reform Commission, the country's top economic planner, said Wednesday.Average retail prices for 15 kinds of vegetables, including tomatoes, cucumbers and eggplants, dropped by 10.15 percent in May from April, the NDRC said.Prices for some vegetables fell drastically when the peak supply season came by the end of May, it said.NDRC monitoring showed prices of cucumbers on May 26 averaged 4.04 yuan (59 U.S. cents) per kg, 22 percent down from a month earlier while green rape dropped 20.1 percent in price month on month to 7.82 yuan per kg.In China, food prices account for a third of the weighting in the consumer price index (CPI), a main gauge of the country's inflation.China's CPI picked up in April, rising 2.8 percent year on year because of lower comparison base last year and rising food prices because of adverse weather.The government set a target to keep the full-year growth in the CPI at about 3 percent this year.

SHENZHEN, May 26 (Xinhua) -- Another employee of Foxconn Technology Group jumped to death Wednesday night just hours after the company chief promised better welfare and local government appealed to young workers to cherish their lives.The latest casualty fell to his death from a dormitory building in a Shenzhen plant at around 11:20 p.m. Wednesday, a witness surnamed Ye told Xinhua over the phone. The death has been confirmed by Foxconn.It was the 10th such death and 12th such fall at the plant in Shenzhen this year. Two Foxconn employees had survived their suicide attempts but sustained severe injuries. President of Foxconn Terry Gou bows for apology after a string of suicides by the company's employees at a plant of Taiwan-based Foxconn Technology Group in Shenzhen, south China's Guangdong Province, on May 26, 2010. Terry Gou said here on Wednesday that the company would prevent such tragedies from happening again. Foxconn is part of Taiwan's Hon Hai Precision Industry Co. and makes computers, game consoles and mobile phones for companies including Hewlett-Packard Co., Sony Corp. and Nokia Corp.Traumatized by the series of tragedies, Foxconn Chairman Terry Gou, the usually media-shy executive, flew to Shenzhen to show off his plant to around 300 Chinese and foreign reporters in order to repair the image of the manufacturing giant, which makes iPods and other popular gadgets.He promised the firm would do everything possible to prevent more deaths. Nets were put on buildings to stop people from jumping, and about 100 mental health counselors were being trained.Gou said Foxconn would also adjust salary for employees in two weeks, and fund the establishment of a hospital to provide professional therapies for employees.