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BEIJING, Aug 5(Xinhunet) -- China's machinery industry has rebounded during the first half of this year, but the momentum is likely to slow as the country's economy cools.The machinery industry has grown by 37 percent during the first six months of 2010, with a total output value of 6.59 trillion yuan, according to the China Machinery Industry Federation, a quasi-governmental institution that oversees growth of China's machinery sector.The machinery industry, which has benefited from the government's 4 trillion yuan investment spending spree, enjoyed expansion in large-scale construction projects over the last year. The construction machinery sector reported 54 percent growth during the first half of this year, according to the federation.The strong growth of the industry is based on preliminary statements by several listed machinery companies submitted to the stock exchange.Shanghai-listed Zoomlion Heavy Industry Science and Technology Development Co, which is also planning to launch a listing in Hong Kong, predicted its profit would grow by 50 percent to 100 percent over the first half this year.Sany Heavy Industry Co is also expected to record 85 percent growth this year, according to Ping An Securities. The maker has already reported a growth rate of 170 percent in profit during the first quarter of this year.However, not all machinery industry sectors are reporting the same momentum as domestic demand has decreased this year. New orders in power generation equipment, transmission and substation equipment as well as heavy machinery, have rolled back this year."It is unlikely to see significant growth in the output of power equipment this year and it will probably stand around 117 million kW since the base figure is already huge," according to Cai Weici, vice-president of the federation, adding that China's output of power equipment already makes up half of the world's total."There is also less demand for heavy machinery used in steel production because the industry is eliminating outdated productivity, thus reducing market demand," Cai said.Fixed-assets investment in the machinery industry which has maintained a growth rate of over 40 percent since 2004 slowed down by 27 percent to 79.8 billion yuan, signaling less reserved strength for further growth.In term of exports, the machinery industry will be exposed to several uncertain factors including a more flexible yuan exchange rate as well as rising labor and raw material costs.The federation forecasts the industry's growth rate will be 20 percent in 2010.

BEIJING, Aug. 9 (Xinhua) -- Chinese President Hu Jintao on Monday sent a message of condolence to his Russian counterpart Dmitry Medvedev over the forest fires that have killed more than 50 people in Russia.In his message, Hu, on behalf of the Chinese government and the people, conveyed to Medvedev his profound condolences for the victims and sincere sympathies to the families of those killed in the blazes.Hu said at this critical moment, the Chinese people are feeling the same as the Russian people do. China is willing to offer emergency disaster aid to Russia and support the Russians in fighting the wildfires.He said he believes that the Russian government and the people, under the leadership of Medvedev, will overcome this natural disaster of exceptional magnitude and rebuild their homes at an early date.Meanwhile, Chinese Premier Wen Jiabao on Sunday sent a condolence message to Russian Prime Minister Vladimir Putin over the deadly wildfires.Local media reported Sunday that areas under fire in central Russia has increased to 190,000 hectares and a total of 564 wildfire scenes were detected across Russia, as the country endured its hottest summer on record.

TAIYUAN, July 1 (Xinhua) -- Eight of nine miners trapped underground Wednesday at a flooded coal mine in north China's Shanxi Province were confirmed alive, while another remains uncontactable, said local mine safety authorities.As of 11:30 p.m. Wednesday, eight miners trapped 1,380 meters below ground had contacted the rescuers and they would be rescued soon.The accident happened around 5 p.m. at Shengping Coal Mine in Jixian County when 23 miners were performing repair work underground. Fourteen miners managed to escape.The Shengping Coal Mine, owned by the Shanxi Coal Transportation and Sales Group Co., Ltd., has an annual capacity of 900,000 tonnes of coal.

BEIJING, June 8 (Xinhua) -- China's central authorities have promised to treat talents in private companies and social organizations the same as their counterparts in the public sector to facilitate personnel mobility and sustainable development in the private sector.According to the newly unveiled National Medium- and Long-term Talent Development Plan (2010-2020), non-public economic groups and social organizations can enjoy equal treatment in government policy on the training, attracting, appraisal, and use of talents.Specialists in the private sector should be incorporated into talent development projects of various governments, the document said.They can have "equal access to public resources including funds, projects and information for supporting innovation and starting businesses," the document also said.The national plan, a blueprint for creating a highly skilled national work force over the next decade, aims to transform the country from being "labor-rich to talent-intensive."Zhang Lihua, professor with the Labor and Human Resources School at the Beijing-based Renmin University of China, said, "The non state-owned economic institutions and new social organizations are playing a more important role in China's economic and social development.""It's becoming more important for talents in these sectors to compete equally with others in the public sector," she said.At present, more than 70 percent of China's companies are privately-owned and generate more than 60 percent of the country's GDP.China has more than 400,000 "new social organizations," including social groups, foundations, and other non-profit and non-governmental organizations, according to figures from the Ministry of Civil Affairs.There are still many obstacles to personnel movement in government departments, government-sponsored institutions, state-owned enterprises and private companies in China.For example, a person who works in a private company cannot usually land a job easily in a government department or a state-owned company."This is why many college graduates prefer to work for government departments and state-owned companies right after their graduation," Zhang said."If the new policies of equal treatment are carried out, they can remove the obstacles, help with the free flow and allocation of resources and high-calibre talents," she said."It will support economic development in the private sector and promote technological innovation and the diffusion of knowledge."Xiao Mingzheng, director of the Human Resource Development and Management Research Center at Peking University, said, "Demand for talents has increased greatly as China witnesses a boom in non-public economic and social organizations.""To create a more open and equal environment for personnel employment, the policies will certainly help the non-public sector attract and train various kinds of talents," he said.

BEIJING, June 16 (Xinhua) -- Chinese Vice President Xi Jinping Tuesday concluded his two-day official visit to Bangladesh and started his trip to Laos, the second leg of his four-nation tour.In Dhaka on Tuesday, Xi met separately with the country's opposition leader, parliament speaker and president.In talks with Khaleda Zia, chairperson of Bangladesh's main opposition Bangladesh Nationalist Party (BNP), Xi lauded what Zia has done to promote the Sino-Bangladeshi relationship.He said China appreciates very much Bangladesh's precious support on issues concerning China's core interests like the issues of Taiwan, Tibet and Xinjiang.He said China supports Bangladesh's economic development and will continue to do its best to help the south Asian country.Zia said China is a close and friendly neighbor of Bangladesh. "Bangladesh always regards China as an important strategic partner," she said.Talking with Bangladeshi Parliament Speaker Abdul Hamid, Xi spoke highly of the comprehensive development of bilateral relations since both countries established diplomatic relations 35 years ago.He reiterated China's commitment to work with Bangladesh to push forward their comprehensive partnership of cooperation. He also called on the legislatures of both countries to further strengthen communication and promote mutual understanding.Hamid said the Sino-Bangladeshi relationship is time-honored and all the parties in the Bangladeshi parliament support developing relations with China.In talks with President Zillur Rahman, Xi said the Sino-Bangladeshi relations have stood the test of changes in the world situation and continually move forward."The cooperation in all areas is very fruitful and has brought real benefits to the two peoples and also plays an active role in maintaining regional stability, peace and development," he added.Xi said the two countries' decision to establish a "Closer Comprehensive Partnership of Cooperation" last March showed the direction for further developing bilateral relationship.Rahman said Bangladesh and China maintain good relationship. He believed Xi's visit will greatly promote the friendship between the two peoples and push bilateral relationship to a new level.On Tuesday afternoon, Xi left Dhaka for Vientiane, capital of the Lao People's Democratic Republic for an official visit.In a written speech at the airport upon his arrival, Xi said China and Laos enjoy profound traditional friendship, and established a comprehensive strategic partnership last year.Laos is the second leg of Xi's four-nation trip on June 14-24, which will also take him to New Zealand and Australia.

来源：资阳报