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BEIJING, July 26 (Xinhua) -- Drenched riverside towns in central and southern parts of China on Monday prepared for even more flooding as water levels in the country's huge rivers surged and rainstorms continued.In its latest update, the State Flood Control and Drought Relief Headquarters said floods this year had left 823 people dead and another 437 missing as of Monday morning.The direct economic loss had mounted to 154.1 billion yuan, more than double that of previous flood losses incurred in any single year since 2000.Premier Wen Jiabao has urged local authorities to fully prepare for more floods and related disasters.More than 370,000 soldiers and residents now have been mobilized to beef up the flood prevention efforts in eight provinces and municipalities along the country's major rivers, the flood control headquarters said.

HAVANA, July 31 (Xinhua) -- Visiting Chinese Foreign Minister Yang Jiechi held talks with his Cuban counterpart Bruno Rodriguez here Saturday on the development of relations between their two countries.Yang called Cuba a very influential country in Latin America and the Caribbean and said the promotion of traditional friendship ties between China and Cuba meets the fundamental interests of the two countries.In addition, Yang said, promotion of the countries' traditional friendly ties also would help safeguard and strengthen global and regional peace and common development.Visiting Chinese Foreign Minister Yang Jiechi (L) shakes hands with his Cuban counterpart Bruno Rodriguez during their meeting on the development of relations between their two countries in Havana of Cuba July 31, 2010.Rodriguez said Cuba attaches great importance to strengthening its ties with China and is willing to advance its relationship with the Asian nation.The two ministers agreed to bring their countries' bilateral ties to a new level at the 50th anniversary of the establishment of diplomatic relations between China and Cuba.They also agreed to maintain the momentum of exchanges between the leaders and senior officials of the two countries and expand exchanges at the inter-party, inter-governmental and inter-parliamentary levels.The foreign ministers also agreed to boost bilateral trade and investment cooperation, advance work on key cooperation projects, and encourage exchanges between their universities, research institutions and non-governmental organizations.Rodriguez and Yang also agreed that China and Cuba should boost cooperation in international affairs to defend their interests and the common interests of developing nations.The leaders also witnessed the signing of an economic and technological cooperation agreement between the two governments.In addition, Yang paid tribute to Jose Julian Marti Perez at a monument honoring the Cuban poet and hero.

BEIJING, Aug. 24 (Xinhua) -- China's top legislature, the National People's Congress (NPC), has proposed a reform in income distribution be launched as soon as possible, aiming to increase residents' income and narrow the gap in wealth.Officials of the Financial and Economic Affairs Committee of the NPC said they have completed a research report on distribution of national income and made the proposals to be included in the 12th Five-Year Plan (2011-2015).The research report proposes increasing the proportion of residents' income in national revenue and the proportion of labor rewards in the primary distribution of national income. It suggests that the reforms should seek to enlarge the middle class until it becomes the largest sector in society. The report also offers proposals on taxation and social security.The legislature did not release further details on the proposed reforms in income distribution.The NPC, for the first time in history, completed 15 research reports on 14 major subjects from March to July to provide proposals for the formulation of the critical development plans for the next five years, after top legislator Wu Bangguo called for the research at the annual legislative session.According to a World Bank report, the Gini Coefficient for China, a main gauge of c disparity surged to 0.47 in 2009, exceeding the "security line" of 0.4, pointing to the unequal distribution of income which could arouse social unrest.This figure was 0.21 to 0.27 three decades ago. ' In the primary distribution of national income, the proportion that goes to wages and salaries, the major source for China's mid- and low-income families, has been declining, according to Yi Xianrong, a researcher at the Chinese Academy of Social Sciences.The proportion of the total income that Chinese citizens receive from the distribution of national income fell sharply to 57.9 percent in 2007, compared with 68 percent 20 years ago, according to the People's Bank of China.

BEIJING, June 21 (Xinhua) -- China's National Development and Reform Commission (NDRC), the country's top economic planner, refuted on Monday recent reports online saying China is mulling adjustments of electricity prices, claiming such reports "untrue" .The NDRC said in a statement on its website that recently there were reports online saying the NDRC was studying plans to adjust electricity prices, citing Li Jing, deputy head of the Department of Resource Conservation and Environmental Protection at NDRC. Reports said she has not given the timetable for the plan.The statement further said she never made such remarks to media and the reports were groundless.The NDRC began a rise in the price of electricity for non-residential use by 2.8 fen (0.4 cents) per kwh on average nationwide on November 20 last year, with residential electricity prices unchanged.

BEIJING, June 25 (Xinhua) -- Since the first Group of 20 (G20) Summit in November 2008, the attention China has been getting has shifted from that of a turn-round-to, to that of a look-up-to, analysts said.Two years ago, almost all developed economies turned round to look at what actions China took to cope with the financial crisis. Now in the midst of a uneven global recovery, China has become one being looked up to by developing and developed economies for its leading if not exemplary roles.As the curtain is about to rise at the upcoming fourth G20 summit in Toronto, Canada, China and the crucial roles she is playing once again draws the world's attention.A STEADY STABILIZER IN GLOBAL DEVELOPMENTPrior to the first G20 summit, China has since been managing to sustain a rather fast growth rate while taking an active part in orchestrating with other economies, developed and developing alike, to push for a global recovery through reformed and renewed financial and economic mechanisms.Despite the fact it is still a developing country itself, China alone has contributed toward half of the global GNP growth in the time of crises.Amidst downslides of the United States, eurozone and Japan, China not only curbed the domino ripple in the country with a bolder-than-predicted stimulus package but also succeeded in effecting a lead in the recovery.It is its early lead off the blocks that is now being more than looked at by others.Canadian Prime Minister Stephen Harper, soon to host the fourth G20 Summit, has described what China has done as a contribution to the global recovery and a great assistance to the international community in its crisis management.Takashi Sekiyama, a senior researcher from Japan's Meiji University and with the Tokyo Consortium, has rated China's contribution to the global economic development during this hard period as the "biggest."