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BEIJING, June 14 (Xinhua) -- China's State Flood Control and Drought Relief Headquarters (SFDH) has sent four working teams Monday to help flood control in provinces and regions pounded by heavy rains that triggered floods and mud slides.The flood control authority held a meeting Monday night with the Ministry of Water Resources agreeing to dispatch one more working team to central Hunan Province to help consolidate river banks along the upper reaches of the Xiangjiang River and ensure the safety of reservoirs.Three other teams were separately sent Monday afternoon to Xinjiang Uygur Autonomous Region, Guangxi Zhuang Autonomous Region and the eastern province of Fujian.From 8 a.m. to 6 p.m. Monday, torrential rains pelted Guangxi, provinces of Guangdong, Fujian, Hunan and Jiangxi. Some regions even saw rainstorms, according to the SFDH.At least 24 people are missing after flash floods and landslides triggered by heavy rains engulfed two vehicles in Fujian Province Monday, according to a local official.The authority asked the Guangxi team to help with floods control and mud slides prevention work there. It ordered the team sent to Fujian to help with rescue work.The team for Xinjiang will help investigate the collapse of a reservoir dam in Xinjiang on Monday morning after heavy rains on the previous night.The local government had evacuated more than 200 families living downstream the reservoir. No casualties are reported so far.

TASHKENT, June 11 (Xinhua) -- The Shanghai Cooperation Organization (SCO) 10th annual summit ended here Friday with a declaration pledging to build an effective and open multilateral organization dedicated to regional peace, stability and prosperity.REGIONAL PEACE, STABILITY, PROSPERITYParticipants from the six SCO member countries -- China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan -- discussed key regional and global issues at the gathering.The declaration pledged to strengthen mutual support on issues relating to each other's core interests, boost cooperation in the combat against terrorism, separatism and extremism and other destabilizing factors, enhance cooperation in overcoming the aftermath of the global financial crisis and develop infrastructure in the region.The SCO had developed into a highly efficient and open multilateral organization and was an important factor in international and regional security and cooperation structures, the declaration said.The organization will stick to its practice of shunning ideological means, cliquing or confrontation in efforts to settle major problems emerging in the process of international and regional development.

TAIPEI, June 9 (Xinhua) -- Governor of east China's Zhejiang Province Lu Zushan started an eight-day visit to Taiwan Wednesday with the aim of deepening economic and cultural cooperation between the two regions.Under the theme "Visiting Friends, Conducting Exchanges and Cooperation," the delegation will launch cooperation programs with Taiwanese counterparts in finance, agriculture, tourism, culture and education.The delegation will learn about Taiwan's experience in environment protection, disaster response and relief, and public services at the grassroots level.The delegation will also visit residential communities, villages and enterprises to communicate with local residents.Apart from provincial government officials, the delegation also includes entrepreneurs. One of the entrepreneurs is Ma Yun, CEO of Zhejiang-based Alibaba Group, the parent of Alibaba.com, the global e-commerce site for small and medium businesses that connects buyers and sellers.During a meeting between Lu and the Taiwan-based Kuomintang's (KMT) honorary chairman, Wu Poh-hsiung, Wednesday, both sides expressed their hopes to increase the number of Zhejiang residents visiting the island this year.Nearly 130,000 Zhejiang residents visited Taiwan last year, accounting for about 20 percent of the Chinese mainland's total, according to Lu.Both Lu and Wu expected the number of Zhejiang visitors to exceed 180,000 this year.Zhejiang is where many Taiwan people come from."More than one million Taiwanese people are natives of Zhejiang," Lu said.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,Aug 9(Xinhuanet) -- China's high savings rate is expected to fall substantially in coming years as its workforce shrinks, the population ages and social security spending increases, a BIS report shows.In research published by the Bank for International Settlements (BIS) on the “myth and reality” of China’s savings rate, Ma Guonan and Wang Yi found that the Asian giant needs its population to spend more in order to sustain rapid economic growth in coming years.The researchers, who were writing in their personal capacity, also reject claims that Chinese State firms have been benefiting from high savings thanks to exchange rate distortions and subsidies designed to drive economic growth.They point out that “less advantaged” and more efficient firms have been the ones posting the greatest gains in earnings in recent years rather than State-owned companies.China’s gross national savings soared from 39.2 percent of output in 1990 to 53.2 percent in 2008, far higher than the United States, which saved only 12.2 percent in 2008.Even compared to other Asian giants — Japan with 27 percent in 2007 and India with 33.6 percent in 2008 — China’s share of savings as a percentage of gross domestic product (GDP) is significantly larger.Nonetheless, the population and social trends that have underpinned China’s growth and savings rates are likely tail off significantly over the next decade, the two Chinese researchers argued.In the wake of the global slump, world leaders and economists have been asking China to spend more, rather than pin its economic growth on exports to the West, in order to help address world trade imbalances.Ma, a BIS economist and Wang, who is from the Chinese central bank, said however that the current savings trend by Chinese households will not last.The swelling working population in recent years has boosted savings in recent years, they said.In addition, large-scale corporate restructuring between 1995 and 2005 increased job uncertainty, forcing workers to set aside more money in case they were fired. The lack of a social safety net also pushed workers to make “precautionary savings.”Beyond households, government savings have also been increasing in tandem, as more is being set aside to meet pension needs which are expected to rise significantly as the population ages.However, these trends are expected to be reversed in coming years.“It is reasonable to assume that the large-scale labor retrenchment observed during 1995 to 2008 is by and large been behind us,” say the researchers.In addition, China is expected to enter into a phase of “accelerated population ageing within a decade.” This means that the workforce will decline, leading to a fall in overall income and therefore savings.At the same time, infrastructure spending is expected to continue, in order to provide for the ageing population and the urbanization of the country.

QINGDAO, Aug.19 (Xinhua) - China's largest marine patrol departed Thursday from Qingdao to Vladivostok, a coastal city in east Russia, participating in a multilateral joint drill.The joint drill is to be held from Aug.22 to 27, with the theme of "enforcing emergency responses to illegal actions threatening joint marine security".The North Pacific Coast Guard Agencies Forum (NPCGF) promoted the multilateral joint drill in 2009.Current members of NPCGF, Canada, China, Japan, South Korea, Russia and the United States, participate in the drill."The joint drill mainly focuses on arms trafficking and illegal migration, including searching, boarding and examining suspicious ships," said Wu Shaojun, captain of Marine Patrol 11.Chinese Marine Patrol 11, Marine Surveillance 83 and helicopters and ships from other countries will participate in the joint drill, said Wu.Chinese Marine Surveillance 83 left for Russia on Aug.13 from Guangzhou, capital city of south China's Guangdong Province.NPCGF, initiated by the Japan Coast Guard in 2000, is an organization devoted to fostering multilateral cooperation on illegal drug trafficking, maritime security, fisheries enforcement, illegal migration and heightened maritime awareness.Member states take turns hosting the annual forum. China joined the forum in 2004.The 3000-tonne Marine Patrol 11, China's largest patrol ship, is 114 meters long and equipped with high-speed rescue boats and a helicopter hangar. The helicopters can take off and land on Marine Patrol 11 even when waves reach 6 meters and wind speeds are as high as 11 to 14 meters per second.

来源：资阳报