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BEIJING, May 4 (Xinhua) -- Chinese equities dropped to a seven-month low Tuesday, after the central bank said Sunday it would raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year.The benchmark Shanghai Composite Index lost 1.23 percent to close at 2,835.28 points.The Shenzhen Component Index fell 1.81 percent to 10,960.77 points.Total turnover shrank to 141.55 billion yuan (20.7 billion U.S. dollars) from 191.91 billion yuan on the previous trading day.Losers outnumbered gainers by 533 to 347 in Shanghai and 488 to 429 in Shenzhen.

BEIJING, May 25 (Xinhua) -- China on Tuesday again urged all parties involved in the dispute over the sinking of the Republic of Korean (ROK) "Cheonan" warship, to exercise calmness and restraint and properly address related problems so as to avoid an escalation of tension.China has noted the investigation results released by the ROK and the response of all concerned parties, Foreign Ministry spokeswoman Jiang Yu said at a regular press briefing."China considers that international and regional matters should be handled in an objective and fair manner and based on facts," said Jiang."Under current circumstance, any measure taken by any side should be conducive to peace and stability of the Korean Peninsula, not to the contrary," she said.Jiang said China has always been committed to maintaining stability in Northeast Asia and the Korean Peninsula, promoting the six-party talks and denuclearization of the Peninsula."It is better to have dialogue rather than engaging in confrontation, and an eased situation is better than tension," she said.To safeguard peace and stability of the Korean Peninsula and Northeast Asia is in the common interests of all parties and is a shared responsibility of all countries in the region."China is resolutely against any behavior which is in violation of peace and stability in Northeast Asia," she said.

GENEVA, May 25 (Xinhua) -- The Chinese government is firmly committed to strengthening its friendly cooperation with Africa and supporting the continent in achieving peace and development, a senior Chinese diplomat said here on Tuesday."China is the largest developing country and Africa is home to most developing countries. China-Africa cooperation is an important part of the South-South cooperation," said He Yafei, China's ambassador to the United Nations Office in Geneva.Addressing a forum on Africa's peace and development, He said China, as a permanent member of the UN Security Council, has been always supporting and participating in peacekeeping operations in Africa.Since 1990, China has participated in 12 UN peacekeeping operations in Africa, providing more than 10,000 personnel. Now there are more than 1,600 military staff and civilian police from China in Africa, he said.China supports the conflict-resolution efforts in Africa, participating actively in mediating activities in Darfur, Sudan and other parts of the continent, he added.In addition, China has actively joined the international anti- pirates task force patrolling the waters off Somalia, and made important contribution on keeping the security of the Gulf of Aden and Somali waters.On economic and social fronts, China, for over 50 years, has provided assistance to Africa to the best of its capability, according to the ambassador.China has made 7.8 billion U.S. dollars of direct investments in Africa by 2008. By the end of 2009, China had built more than 900 infrastructure and public welfare projects, sent 17,000 medical personnel to 47 African countries, where they had treated 200 million patients, provided over 20,000 government scholarships.In order to further strengthen the friendly cooperation between China and Africa, to jointly meet the challenge of economic globalization and to promote common development, the Forum on China-Africa Cooperation was established by China and friendly African countries in 2000, the ambassador said.Since its establishment, the Forum has held one summit and four ministerial conferences, with Chinese leaders announcing a lot of measures to strengthen cooperation with Africa and support African development."This year marks the 10th anniversary of Forum on China-Africa Cooperation. We believe that this Forum will play an even bigger role in facilitating cooperation and relationship between China and Africa," He said.

BEIJING, May 27 (Xinhua) -- Chinese Vice Premier Hui Liangyu has urged local governments and builders to ensure quake survivors in northwestern province of Qinghai have warm places to stay this winter."It's a priority for the government to build more permanent houses so quake survivors can move in before winter," Hui said at a State Council, or Cabinet, meeting in Beijing on Thursday, according to a statement released after the meeting.At the same time the government must start preparing enough tents, fuels and stoves for winter heating for those living in temporary shelters as soon as possible, he said.Winter temperatures in high-altitude Yushu region, where a 7.1-magnitude quake on April 14 killed about 2,200 people, could drop to 20 degrees below zero.Hui also urged efforts to provide enough food, improve medical services,and attend to the needs of vulnerable groups like orphans in the quake zone.The reconstruction in the quake zone would be mainly funded by the central government. Hui urged builders, mainly from other parts of China to aid Qinghai's reconstruction efforts, to carefully carry out rebuilding projects with high efficiency and quality.

YUSHU, Qinghai, April 19 (Xinhua) -- Chinese President Hu Jintao visited quake-hit Yushu in northwest China's Qinghai Province Sunday, vowing to help victims rebuild their homes as most of them now settle in tents with basic needs met.The 7.1-magnitude quake, which struck the Tibetan Autonomous Prefecture of Yushu Wednesday morning, had left at least 1,706 dead, 256 missing and 12,128 injured, as of 10 a.m. Sunday.THERE WILL BE NEW HOMESIn a morale-raising visit to quake-hit Yushu, Hu assured locals of new homes and schools and steadfast relief work."There will be new schools! There will be new homes!" Hu wrote in chalk on a blackboard in a makeshift classroom in a tent of orphaned students.The president led the students in reading aloud the words he wrote on the blackboard. Chinese President Hu Jintao(C)speaks to soldiers of the Chinese People's Liberation Army and policemen carrying out relief work at Zhaxike Village of Gyegu Town in quake-hit Yushu County,northwest China's Qinghai Province, April 18, 2010.The Yushu School for Orphans visited by Hu was the first one to resume classes. A total of 60 primary and middle school students and more than 10 teachers sang the national anthem before classes began at 3:30 p.m. Saturday.The president also talked to an injured Tibetan man in a medical tent."The Party and the government care about all the victims of the quake. Doctors will give you meticulous treatment...The party and the government will help with a new home...You should have confidence and recover," Hu said as he held the injured man's hands.The Tibetan man replied, "Thank you, General Secretary. Tashi Delek!" (Tashi Delek means good luck in Tibetan)Hu's plane landed at Yushu's Batang Airport Sunday morning after an over-three-hour flight from Beijing.The president, who returned to China Saturday from a shortened visit to Latin America, headed for worst-hit Gyegu Town in Yushu immediately after landing.CONCERTED RELIEF EFFORTS CONTINUEChinese rescuers have saved a 68-year-old man who was trapped under earthquake rubble for 100 hours.The old man was rescued at about 11 a.m. Sunday in Gyegu Town, Yushu, and his condition appeared stable, rescuers said. The man was later taken to hospital.Rescuers had saved 17,000 trapped people and a total of 6,870 people had been pulled out from under the rubble of collapsed buildings, among whom 6,110 survived, Miao Chonggang, deputy head of the China Earthquake Administration's quake relief and emergency response department, told a press conference.Miao said currently more than 15,000 rescuers, including over 11,000 from the People's Liberation Army and armed police, 2,800 firefighters and special police forces, and 1,500 earthquake and mine accident rescuers, are still searching for quake survivors in Yushu.