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LANZHOU, Aug. 24 (Xinhua) -- China plans to spend 2.23 billion yuan (328 million U.S. dollars) to improve disaster prevention systems in a mountainous northwest China town devastated by a landslide earlier this month, local officials said Tuesday.The planned multi-billion yuan project to prevent further geological disasters in Zhouqu County, south of Gansu Province, had passed reviews by experts from the Ministry of Land and Resources, said Guo Yuhu, vice-director of the provincial land and resources department.The plan is scheduled to be carried out in three phases from 2010 to 2012, Guo said.Guo noted that the project includes improving disaster warning systems, drawing up emergency resettlement plans, conducting a thorough study of the geological disaster hazards, and setting up a capable monitoring network.A late-night avalanche of mud and rocks roared down the mountain slopes in the county seat of Zhouqu on Aug. 8, burying villages and blocking the Bailong River, a major regional river.At least 1,447 people were killed and 318 remain missing, according to the latest government information.The mudslide left a thick layer of sludge, about 5 kilometer long and 500 meters wide, in the center of the town. Many bodies are believed to be buried in the mud, but authorities banned their recovery on Sunday due to concerns over public health.
TANGSHAN, Hebei, July 28 (Xinhua) -- Tangshan, a Chinese city that lost 240,000 lives to a devastating earthquake 34 years ago, relived the pain and sorrow once again Wednesday on another anniversary.Not only Tangshan, the whole nation's memories of the catastrophe also came alive again as a film about the earthquake, "Aftershock", hit the big screen across the country.A 7.8-magnitude earthquake struck the industrial city in north China on July 28, 1976, which was believed to be one of the deadliest natural disasters of the 20th century.Thirty-four years later, exactly on the very same day of the quake, Wu Ze, 46, came to a black marble wall that bears the names of all victims of the earthquake, including her sister's."I was 12 and my sister was 16 (when the quake struck). She was the smartest kid in the family and the best in her class. She was just gone overnight, " Wu said, unable to stop weeping."Every year on July 28, I come here for her," she said.The Tangshan government built the 300-meter-long wall, widely known as the Chinese "wailing wall", two years ago for the public to mourn those they had lost, as most of the dead were hastily buried in mass graves.The Tangshan Earthquake Memorial Park, where the "wailing wall" is located, saw its busiest day of the year Wednesday as people streamed in to mourn for their beloved ones.An earthquake museum in the park also opened to the public Wednesday.Covering an area of 12,000 square meters, the museum displays more than 400 photographs and 600 pieces of articles about the 1976 earthquake.

BEIJING, June 10 (Xinhua) -- The People's Bank of China (PBOC), the central bank, injected 166 billion yuan (24.3 billion U.S. dollars) into the money market this week, easing tight money supply conditions with bill issuance and repurchase agreements.In its regular open market operations Thursday, the central bank auctioned 10 billion yuan (1.46 billion U.S. dollars) of three-month bills at a yield of 1.5704 percent, up 4.04 basis points from June 3.On Thursday, the central bank also conducted repurchase agreement operations -- the first time in almost a month -- by absorbing 10 billion yuan through 91-day repurchase agreements. The yield on Thursday's 91-day repurchase agreement rose to 1.57 percent, up 16 basis points from its previous repurchase operation.Thursday's operations together with Tuesday's 25 billion yuan worth of one-year bill issuance brought the weekly total raised to 45 billion yuan (6.6 billion U.S. dollars). But 211 billion yuan (30.9 billion U.S. dollars) of bills matured this week, meaning a net weekly injection of cash.The central bank's net injection this week was the third straight week of net injection. It pumped 159 billion yuan (23.3 billion U.S. dollars) into the market in the previous two weeks.Since mid-May, China's banks have faced a short-term money squeeze as the PBOC introduced a series of tightening measures to cool the booming property sector.Zhao Qingming, a senior research fellow at China Construction Bank, the country's second largest lender, said the yield changes on central bank bills reflects tight money supply in the short-term.Rising bill yields usually reflect lenders' reduced demand for safety or their cash hoarding.For the whole week, yields on central-bank short-term debt instruments rose compared to the previous week.The yield on one-year bills jumped 8.32 basis points to 2.0929 percent while the yield on three-month bills climbed 4.04 basis points to 1.5704 percent. The yield on 91-day repurchase agreements added 16 basis points to hit 1.57 percent.
BEIJING, Aug. 25 (Xinhua) -- China will work with France to expand bilateral cooperation and advance economic and trade links, said China's top legislator Wu Bangguo Wednesday.Wu, chairman of the Standing Committee of the National People's Congress (NPC), made the remarks in a meeting in Beijing with a delegation of the France-China friendship group of French parliament.Wu said the promotion of ties between China and France, both influential nations, accorded with the fundamental interests of the two peoples and would help world peace and development.China valued relations with France, and would work to strengthen mutual political trust and promote bilateral economic cooperation with a view to keeping China-France ties at the forefront of ties between China and Western nations, Wu said.8 The NPC, China's legislative body, would expand exchanges and cooperation with the French parliament to help push forward state-to-state relations, he said.The French delegation, led by chairman of the friendship group Michel Herbillon and Senate Chairman Jean Besson, are visiting China at the invitation of the NPC.They said they would contribute to relations between the two parliaments and the two nations.
BEIJING, June 25 (Xinhua) -- Floods in China have killed 377 people this year, as of Friday, and left 142 others missing, the Office of State Flood Control and Drought Relief Headquarters said Friday in a statement on its website.Further, flooding in 2010 has affected 64.57 million people in China's 22 provinces, municipalities and regions, as well as inundating about 4 million hectares of crops, the statement said.A total of 4.35 million people have been evacuated due to the flood waters, which destroyed 368,000 homes and caused economic losses reaching 75.6 billion yuan (11.13 billion U.S. dollars), according to the statement.Chinese Premier Wen Jiabao visited flood-hit Fuzhou City in the eastern province of Jiangxi Thursday to inspect the fight against flooding and review disaster relief efforts. Wen also asked local officials to send more relief funds and materials to ensure that basic living needs of flood victims are met.
来源:资阳报