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BEIJING, July 18 (Xinhua) -- East Star Airlines Co., Ltd. said Saturday here that its current combined debt surpassed 752 million yuan (110.1 million U.S. dollars). Zhao Changbing, spokesperson of the company, said the announcement was made to counter rumors about the status quo of the company's assets and debt Zhao said total assets of the company stood at 1.01 billion yuan. Established in 2005 in central Hubei Province, East Star Airlines operated more than 20 routes. Its operation was suspended by the industry regulator as of March 15 this year, due to financial difficulties of the carrier.
BEIJING, April 29 (Xinhua)-- China has allocated 23 billion yuan (3.37billion U.S. dollars) for energy saving, anti-pollution, ecological and environmental protection projects since the fourth quarter of last year, a senior official told Xinhua Wednesday. Han Yongwen, secretary-general of the National Development and Reform Commission, said investment in these sectors accounted for 10 percent of the 230 billion yuan government spending to date on infrastructure, ecological and environmental sectors, quake relief and other areas. China unveiled a 4-trillion-yuan stimulus package in November last year to be spent over the next two years with 1.18 trillion yuan spending from the central government, to cope with the adverse effects of the global financial crisis and shore up the domestic economy. "This ratio of 10 percent was not low. It shows that the central government not only focuses on stimulating domestic demand and keeping stable economic growth, but also stresses laying a good foundation for the economy's sustainable development in the long run," Han said. Of the 23 billion yuan spending, 13 billion went to improving urban water treatment facilities, 4 billion yuan to pollution prevention projects on the Huaihe and other big rivers, 3.5 billion yuan to forest planting projects and the other 2.5 billion yuan to key energy saving projects across the country.
BEIJING, July 3 (Xinhua) -- Rainstorms since early the week have swept a wide swathe of south China, leaving dozens people dead or missing and forcing hundreds of thousands to evacuate. In Jiangxi Province, two people were killed, three more were missing and more than 100,000 have been evacuated following the heaviest rain this summer, local flood control authorities said. The rain damaged 178,000 hectares of crops, caused 8,231 houses to collapse, and incurred a direct economic loss of 1.31 billion yuan (191.7 million U.S. dollars). Flood submerges houses at the Xinyuan village in Ruijin, a city of east China's Jiangxi Province, July 3, 2009. More than 60,000 people have been transfered due to the flood caused by heavy rainfall in south Jiangxi Province By 3 p.m. Friday, average rainfall in the province was 97.4 millimeters, while the maximum topped 540.8 millimeters in Niedu town of Chongyi County. The province, for the first time in history, issued the highest level of rainstorm alarm on Friday. Many reservoirs were swollen because of the rain, among which six were discharging water, while levels in the rest were under the alarm line. In Guangxi Zhuang Autonomous Region, four were missing and 11,845 were evacuated. The torrential rain also damaged 12,440 hectares of crops and killed 53,300 head of cattle. People walk on a flooded street in Guilin, a city of southwest China's Guangxi Zhuang Autonomous Region, July 3, 2009. Due to heavy rainfall, the water level of Lijiang River which passes Guilin reached 147.5 meters at 17:00 pm on Friday, 1.8 meters over the alert level. Some scenic spots in Guilin City has been closedBoats have been banned on the Lijiang River as water levels rose to alarming levels, Chen You, head of Guilin maritime bureau, told Xinhua late Friday. In Hunan Province, seven were killed and one was missing in rainstorm-related disasters. The rainstorms damaged 113,000 hectares of crops, killed 6,500 head of cattle. The rains also disrupted traffic on 79 roads and forced 152 businesses to halt production in Hunan. In north, Beijing is plagued with higher-than-normal temperature and it is forecast to receive less-than-normal rainfalls. The Chinese capital on Friday issued an orange alert for hot weather, the third of its kind this summer. Temperature in parts of the city exceeded 37 Celsius degrees Friday. Halted bamboo rafts are seen on the Lijiang River in Guilin, a city of southwest China's Guangxi Zhuang Autonomous Region, July 3, 2009. Due to heavy rainfall, the water level of Lijiang River reached 147.5 meters at 17:00 pm on Friday, 1.8 meters over the alert level. Some scenic spots in Guilin City has been closed
BEIJING, July 13 (Xinhua) -- China's top political advisor Jia Qinglin on Monday asked members of the National Committee of the Chinese People's Political Consultative Conference to contribute new ideas for the country's sustainable development. "Speeding up the shift of development mode and structure adjustment is in line with the promotion of the country's innovation capacity. It will also benefit the country's competitive power in economy and the strength to cope with risks," Jia said. Jia Qinglin (C), chairman of the National Committee of the Chinese People's Political Consultative Conference, addresses a consultative conference on sustainable development in Beijing, capital of China, on July 13, 2009 Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks during a consultative meeting held here on sustainable development. Jia urged political consultative organizations at all levels and their members to adjust their work in line with the central government's decisions and policies.
BEIJING, June 1 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Monday called on local governments and government agencies to improve production safety and crack down on illegal practices. The number of accidents and casualties had fallen this year, Zhang said in a teleconference aimed to improve production safety. However, some industries still had potential dangers, he said. Zhang urged authorities to enhance work safety supervision and remove hidden dangers at work places to avoid accidents. Any illegalities, especially in major industries such as coal mining, construction, and fireworks production, must be eliminated.