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BEIJING, Aug. 13 (Xinhua) -- The state-owned assets in China's centrally-administered state-owned enterprises (SOE) reached 2.01 trillion yuan (297.40 billion U.S. dollars) by the end of June, up 10.71 percent from 2008, China's state-owned assets regulator said on Thursday.Nearly a quarter of the SOEs have state-owned assets over 10 billion yuan each, while six have state-owned assets over 100 billion yuan, the State-owned Assets Supervision and Administration Commission said in a statement on its website."China's state-owned capital has been flowing towards big companies with international competitiveness," said the statement.Some 30 central SOEs are listed as Fortune 500 companies. They are in sectors such as telecommunications, power generation and petro-chemicals.The number of China's central SOEs is 123 in August this year, down from 196 at the beginning of 2003.

PARIS, July 9 (Xinhua) -- Wu Bangguo, China's top legislator, said Friday that China and France should strengthen their cooperation and build a close, long-term and sustainable type of new economic and trade partnership.Wu, chairman of the Standing Committee of Chinese National People's Congress (NPC), who arrived in Paris on Wednesday for an eight-day official goodwill visit to France, gave a keynote speech at a business forum grouping at least 200 senior French and Chinese officials and business leaders in Paris.In his speech, Wu reviewed the ties between the two countries since the establishment of diplomatic relations in 1964.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, addresses the Chinese-French forum on economic and trade cooperation in Paris, capital of France, July 9, 2010.He said the Sino-Franco comprehensive strategic partnership charted by Chinese President Hu Jintao and former French President Jacques Chirac in 2004 has turned "a new page" in bilateral relations."The Sino-Franco relations have formed a mutually-beneficial pattern that is all-dimensional, wide-ranging and multi-tiered, injecting vitality and energy to the comprehensive strategic partnership," Wu said."The trade volume between the two countries has reached 17.12 billion U.S. dollars in the first five months this year, a 40.3 percent increase on the year-on-year basis," Wu added.France is at present China's fourth largest trading partner within the EU while China is France's biggest trading partner in Asia, he said.

CHANGCHUN, July 31 (Xinhua) - At least 47 people have been killed and 45 others remain missing in floods that have hit northeast China's Jilin Province since July 24, Jilin's civil affairs department said Saturday.In addition, about 375,000 people have been evacuated and 25,800 buildings collapsed due to the floods, with economic loss on account of flooding reaching nearly 4 billion yuan (590 million U.S. dollars), the department said in a statement.More heavy rains are expected from Aug. 3 to 4, according to local weather forecast.

BEIJING, Aug. 4 (Xinhua) -- China's foreign exchange regulator Wednesday pledged to continue efforts to manage illegal capital inflows in the second half of the year.In a statement on its website, the State Administration of Foreign Exchange (SAFE) said it had investigated up to 3.5 million cases of international trade transactions, involving a total of 440 billion U.S. dollars, during its hot money monitoring campaign, which began in February.The statement said it had identified 197 cases of illegal capital inflow, but it gave no exact sum for the cases.SAFE said earlier last month that its investigations had found 190 cases, involving 7.35 billion U.S. dollars, of hot money inflows.Capital flows into and out of China for purposes other than import and export payments are strictly controlled by SAFE, which manages the country's 2.45 trillion U.S. dollars in foreign exchange reserves.The statement also said it would introduce new foreign exchange instruments to meet domestic market demand and support China's currency reforms.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.The hot money campaign was launched amid concerns that speculators were betting on an appreciation of the Chinese currency and rising asset prices.

ZHOUQU, Gansu, Aug. 19 (Xinhua)-- More than 1,700 mudslide evacuees presently residing at schools in Zhouqu county of northwest China's Gansu Province are to be relocated as students will start the new semester soon, local authorities said Thursday.More than 400 households, altogether over 1,700 people, will be moved to Shachuan Village, in western of the mudslides-leveled county, said Yang Jianguo, head of the Civil Affairs Bureau of Gannan Tibetan Autonomous Prefecture which administers Zhouqu.The people are now living in dormitories and classrooms of three local schools, namely No.1 High School, No.1 Junior High and No. 3 Junior High. With students coming back from their summer vacation, the schools could no longer be used as settlement areas.More than one thousand tents will be erected at the new settlement zone covering an area of 67 mu (4.5 hectares), with three tents for each family, said Yang."They probably will have to spend the winter there so winter tents will be used," said Yang.The devastating mudslides which hit on Aug. 8 have claimed 1,364 lives with 401 people still missing as of 4 p.m. Thursday.Work crews will level the ground, ensure water and electricity supply and build lavatories from Aug. 21 to 23. They will start setting up tents on Aug. 24, said Yang.The new semester for junior school students and pupils will begin on Aug. 25 and senior high students will be transferred to other cities in the province, and start the new semester in early September.