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BEIJING, Aug. 4 (Xinhuanet) -- Rising domestic iron ore production and slowing steel demand have hit some foreign miners and affected the global market, industry leaders said on Tuesday.China's iron ore imports dropped for the third straight month to 47.2 million tons in June, while spot prices have dropped to about 2 per ton after peaking at 5 per ton in April.The country's iron ore imports rose 4 percent year-on-year in the first half of this year, figures from the China Iron & Steel Association (CISA) showed. But domestic ore output increased by 28 percent year-on-year to 485 million tons in the same period, with output rising 37.6 percent in the second quarter from the first quarter."Rising domestic ore production is the main factor that drove down imports, largely impacting supply and demand on the global market," CISA vice-chairman Luo Bingsheng said.The figures form part of the bad news for international mining companies in Australia and Brazil that provide more than half of the ores to China.Iron ore imports from Australia, Brazil and India accounted for 62.3 percent of the country's total ore consumption last year.Brazilian company Vale already predicted in June that the share of imported ores in China would drop this year.About 40 percent of Chinese steel mills have to make cutbacks or put plants on maintenance, blaming increasing costs of imported ores and declining steel prices. Oversupply in the industry will continue to lower production, further driving down ore imports in the third quarter, Luo said.The CISA will also reduce the number of licensed iron ore importers to regulate the imported ore market."We will announce new rules for the industry soon, which include higher standards on the environment, energy consumption and capital requirement," Luo said.
NGARI/CHENGDU, July 2 (Xinhua) -- Southwest China's Tibet Autonomous Region, known as the "Roof of the World", on Thursday opened its fourth civil airport in farwest Ngari area, shortening a trip to the regional capital Lhasa to one and half hours from three or four days by car.An Airbus 319 landed at Gunsa Airport in Ngari Prefecture at 10:20 a.m., marking the airport's official opening.The passenger flight from Chengdu, capital of the neighboring Sichuan Province, was operated by Air China's southwestern branch.An Air China flight would fly from Chengdu to Lhasa and on to Ngari every Tuesday and Friday, said Bao Lida, a spokesman with the company's southwestern branch based in Chengdu."The flight leaves Chengdu at 5:50 a.m. and arrives in Lhasa two hours later," said Bao. "It leaves Lhasa at 8:40 a.m. and arrives Ngari at 10:20 a.m."At an altitude of 4,274 meters with a 4,500-meter runway, Gunsa Airport is now the third highest airport in the world. Bamda Airport in Qamdo in eastern Tibet and Kangding Airport in Sichuan Province sit 4,334 meters and 4,280 meters above sea level, respectively.Annual capacity of Gunsa Airport is expected to reach 120,000 passengers by 2020.Before the airport opened, Ngari was linked to Lhasa only by road, taking three or four days to cover the 1,600-km route."Bad transportation infrastructure was the biggest bottleneck crippling Ngari's development, but now with a 100-minute flight, I believe it would bring talents and business opportunities to Ngari ," said Dawa Tashi, deputy secretary of the prefecture committee of the Communist Party of China.But the pricey flight fare of 2,590 yuan (382 U.S. dollars) for the 100-minute flight from Ngari to Lhasa might be out of many people's reach in a prefecture where the annual per capita income was only 3,148 yuan in 2009, which was a 16.8 percent increase compared with that in 2008.Construction of the airport began in May 2007 and cost an estimated 1.65 billion yuan (241.22 million U.S. dollars).The flight distance between Chengdu and Ngari is 2,300 km. Tickets can be purchased at several ticket offices, but are not available on the Internet."This is the first time that I flew to Ngari and it was much more convenient than before," said Liu Li, a passenger on the plane.Liu said she and her friends from south China's Guangdong Province and East China's Shanghai Municipality would visit Ngari since they no longer have to come here by bus, which was a difficult journey.Gunsa Airport is the fourth civil airport in Tibet after Gonggar Airport in Lhasa, Bamda Airport in Qamdo Prefecture and Nyingchi Airport.A fifth airport, Peace Airport in Xigaze, is expected to open in October.Exactly four years ago, China opened a landmark railway linking Tibet with major cities, including Beijing, Shanghai and Guangzhou.

BEIJING, Aug. 12 (Xinhua) -- Urban residents who expect home prices to fall in first-tier Chinese cities in the second quarter outnumber those who anticipate further price hikes, according to a report by the China Economic Monitoring and Analysis Center released here Thursday.About 41 percent of those surveyed in the second quarter expected house prices to fall in popular first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen -- 18 percentage points higher than the proportion in the first quarter, according to the center which is under the National Bureau of Statistics.Meanwhile, only 36 percent of those surveyed in the second quarter anticipated house prices to continue to rise in those first-tier cities -- 24 basis points lower than the first quarter.In the second quarter, more people are expecting house prices to decline in cities at various levels, even as the proportions vary in different cities, according to the report.About 30 percent of consumers in provincial capital cities anticipated home prices to weaken in the second quarter, compared with 15 percent in the first quarter.In other small- and medium-sized cities, 28 percent of consumers surveyed foresaw house price falling in the future, up more than 11 basis points from the first quarter."The result show government measures to tighten the housing market since mid April have begun to have an effect on urban consumers' expectations," said Pan Jiancheng, deputy director of the China Economic Monitoring and Analysis Center.In spite of the rising proportions, the number of those who anticipated house price declines, however, still fell short of those who expected further price hikes in cities, except for consumers in the first-tier cities, according to the report.Housing prices in major Chinese cities rose 10.3 percent year on year in July, compared with 11.4 percent growth in June, according to NBS data released Tuesday.Property prices in 70 large and medium-sized cities grew 12.4 percent in May and 12.8 percent in April, the highest growth rate since July 2005 when the government started publishing the data.
BEIJING, Aug. 8 (Xinhua) -- A total of 600 soldiers with the Lanzhou Military Area Command have arrived at mudslides-devastated Zhouqu county in northwest China's Gansu Province, and started relief work.Three other detachments consisting of more than 1,700 soldiers with the command as well as a 180-member medical team are on their way to the affected areas.Six helicopters, including four from the Lanzhou command and two from the Xinjiang Military Area Command, have also departed for the affected areas.China's armed police have also sent 2,100 members to help with the relief work, with 740 of them having arrived at the scene.
BEIJING, July 3 (Xinhua) -- Chinese Vice President Xi Jinping met Friday with Daniel Kwelagobe, chairman of Botswana Democratic Party, according to a press release from the International Department of the Communist Party of China (CPC) Central Committee.Xi hailed China-Botswana relationship, saying the two countries have witnessed fruitful cooperation in areas like trade, investment, culture and education, said the press release.Since the CPC and Botswana Democratic Party established party-to-party relations 30 years ago, the two parties have conducted various forms of exchanges, which helped to increase mutual understanding and push forward bilateral relationship.Chinese Vice President Xi Jinping (R Front) meets with Daniel Kwelagobe, chairman of Botswana Democratic Party, at the Great Hall of the People in Beijing, capital of China, July 2, 2010.The CPC would further deepen exchanges and cooperation with the ruling party of Botswana, said Xi.Xi said China would make joint efforts with the African countries including Botswana to lift China-Africa strategic partnership to a new level.Kwelagobe, on his first visit to China since taking office as the party chairman, appreciated China's support for Botswana's development, saying the Botswanian government and ruling party would continue to follow one-China policy.Kwelagobe also spoke highly of the constructive role China has played in international affairs.
来源:资阳报