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TAIPEI, June 16 (Xinhua) -- China's eastern Zhejiang Province and Taiwan have agreed to deepen cooperation in agriculture, tourism, finance and other sectors, according to sources with a Zhejiang delegation which concluded its eight-day visit to the island on Wednesday.The sources said that the delegation, led by Zhejiang governor Lu Zushan, purchased 31 million yuan (4.5 million U.S. dollars) worth fruits and tea products from local farmers in Kaohsiung and Nantou.Zhejiang provincial government also pledged to help Taiwan farmers to sell their agricultural products in Hangzhou, Ningbo, Yiwu and other cities in the province and offer them preferential treatment in participating farm produce exhibitions.Zhejiang Province plans to increase its imports from Taiwan to about 10 billion U.S. dollars by the end of this year, from last year's 7.7 billion U.S. dollars.After the first six Zhejiang companies which have been permitted to conduct investment in Taiwan, Zhejiang government will promote more companies to invest in the island.Commercial banks in Zhejiang and Taiwan have also achieved cooperation agreement on financial service, insurance, futures trading and other services for small and medium-sized companies on both sides.Zhejiang is where many Taiwan people come from.The province is also a magnet for Taiwanese investment. The trade volume between Zhejiang and Taiwan hit 9.06 billion U.S. dollars last year, according to Lu.Since the beginning of this year, leading officials from various municipalities and provinces - Shanghai, Hubei, Fujian, Guizhou, Qinghai, Shandong and Sichuan - and the ministries of commerce and agriculture have led delegations to Taiwan to boost cooperation and exchanges with the island.

BEIJING, June 17 (Xinhua) -- China and Pakistan pledged to strengthen defense ties Thursday at a meeting between Chinese Defense Minister Liang Guanglie and visiting Pakistani Chief of Army Staff Ashfaq Parvez Kayani."Cooperation between the Chinese and Pakistani armed forces is exemplary and has been fruitful," Liang, also a state councilor, said during the meeting at Diaoyutai Guest House Thursday morning.Liang said the two sides should make continuous efforts to conduct their cooperation programs well.He said China would join hands with Pakistan to bring military relations to a new high.Kayani said Pakistan values its defense and security cooperation with China, noting that the two countries have cooperated fruitfully in national defense industries in recent years.He added Pakistan would further strengthen exchange and cooperation with China.Kayani also met with Chinese State Councilor and Minister for Public Security Meng Jianzhu, top Chinese legislator Wu Bangguo, and Vice Chairman of China's Central Military Commission Guo Boxiong later Thursday.During the meeting with Meng Jianzhu, the two sides discussed bilateral cooperation in law enforcement and security.Hailing results achieved in the two fields, Meng pointed out Pakistan's active efforts in cooperating with China, including in anti-terrorism. He said he believed that the China-Pakistan cooperation in law enforcement and security would continue to develop with the joint efforts from both sides.Kayani echoed Meng saying the Pakistani government and its armed forces attached much importance to the strategic cooperation with China, and the government would further enhance it.During a meeting with Guo Boxiong, the senior officer of the People's Liberation Army of China stressed the importance of strategic communication between China and Pakistan.Guo said the all-weather friendship between the two countries has endured major international challenges. Facing the changing international and regional security situation, the two sides should strengthen strategic communication, deepen substantial cooperation and make positive contributions to regional peace and prosperity.Kayani said Pakistan valued and was proud of its traditional friendship with China.

CHENGDU, July 17 (Xinhua) -- At least 13 people were killed and 23 others remained missing after the worst rainstorm of this year lashed Sichuan Province Thursday night, the provincial flood control authorities said Saturday.The victims were killed by mountain torrents, landslides, house collapses or other rain-triggered disasters, according to Sichuan's flood control and drought relief headquarters.The rain forced the Shuangliu International Airport in Chengdu, capital of Sichuan, to close Friday, affecting more than 100 flights and at least 10,000 passengers.The rain stopped in Chengdu Saturday and the airport was working around the clock to handle a record 640 flight landings and takeoffs.Many Chinese regions have reported casualties and losses caused by the rain.Hubei Province has seen 59 people dead and four missing by Saturday since heavy rains began to hit many regions on July 3, which incurred 8.92 billion yuan in economic losses.Shaanxi Province has reported four deaths since Thursday when downpours began to hit 13 counties and forced the evacuation of 260 people.The Three Gorges Dam on the Yangtze River, China's longest, raised water discharge speed again Saturday to save dam space for another round of rainfall coming in two or three days.The Three Gorges navigation administration said Saturday that it will close the ship lock if the floods gush in at a speed of up to 45,000 cubic meters per second.At least 146 people had been confirmed dead and 40 are missing in continuous rainstorms and consequent floods, reportedly worst in years in some regions, according to the Civil Affairs Ministry.

BEIJING, June 10 (Xinhua) -- China's foreign exchange regulator said Thursday it will strengthen monitoring of cross-border capital flows to reduce risk.The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign Exchange (SAFE) said in its annual report on management of foreign exchange posted on its website.It will also enhance its monitoring of abnormal cross-border capital flows by cracking down on illegal private banks and internet-based speculation in foreign exchange.The SAFE will maintain a prudent approach to managing foreign currency reserves and will continue to improve its diversification strategy.China's balance of payments continue to expand, albeit slowly, despite the impact of the global financial crisis.At the end of 2009, China's foreign exchange reserves hit 2.4 trillion U.S. dollars, a 453 billion U.S. dollar increase from the end of 2008.China had gold reserves of 1,054 tonnes at the end of last year, the fifth largest in the world.Although gold has commodity and monetary properties, the global gold market is relatively small and illiquid, the report noted, adding that because of its volatile price and high cost of holding and trading, gold has limited utility in asset allocation.