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BEIJING, Jan. 27 (Xinhua) -- China is scheduled to issue 26 billion yuan (3.82 billion U.S. dollars) of book-entry treasury bonds from Jan. 28, the Ministry of Finance (MOF) announced Wednesday.The two-year bonds, the first batch of treasury bonds this year, will be issued on the national inter-bank bond market and securities exchange market on Jan. 28 and Jan. 29, the MOF said in a statement on its website.The bonds have a fixed annual interest rate of 2.01 percent and will be available for trading from Feb. 2. Interest will be paid annually. The principal will be paid upon maturity on Jan. 28, 2012.

HONG KONG, Jan. 30 (Xinhua) -- Plans of extensive and comprehensive inspection of roughly 4,000 buildings aged 50 years and over will be carried out in a month, said the website of the HK Special Administrative Regional government on Saturday after a building collapse incident."This is a comprehensive check across the territory of all the buildings of this age, which we believed are more or less of similar construction, which is reinforced concrete framed construction," said Secretary for Development, Carrie Lam, after inspecting the scene of the building collapse case in Ma Tau Wai Road Saturday.A five-story apartment building of more than 50 years old in Hung Hom, Hong Kong's Kowloon district, collapsed suddenly around 1:30 p.m. local time ( 0530 GMT) Friday afternoon. Four people were confirmed dead and two others injured."we are going to set up 40 teams of professional and technical staff to go out to various parts of Hong Kong, Kowloon and the New Territories to inspect these 4,000 buildings. The target is to complete these comprehensive inspection within a month. We will then follow up with the needed remedial action," she added.Carrie Lam also mentioned she was going to introduce into the Legislative Council a new piece of legislation concerning mandatory inspection of Hong Kong's buildings over 30 years old and also mandatory inspection of windows for buildings aged 10 years and over.

BEIJING, Feb. 4 (Xinhua) -- Chinese Vice Premier Hui Liangyu said Thursday that the civilians and army should develop favorable interactions to secure both economic and defense development.The government will mobilize various social resources to support the modernization of and various military demands of the army, said Hui at a meeting here.It will also work to better protect the legal rights and interests of servicemen and their families, he said.Hui also hoped the armed forces could contribute to the development and stability of the Chinese society.To develop close army-civilian relations, the government and armed forces should work together to solve problems that common people and soldiers care most and well settle the disputes between the army and localities, so as to well safeguard the fundamental interests of the army and civilians, he said.

SHANGHAI, Feb. 1 (Xinhua) -- Top Chinese legislator Wu Bangguo has urged Shanghai to take the opportunity of hosting the World Expo to pioneer the country's transformation of economic development mode. Wu, chairman of the Standing Committee of the National People's Congress, China's top legislature, made the remarks during his visit to the country's economic and financial hub from Jan. 28 to Feb. 1.  Wu Bangguo (C), chairman of the Standing Committee of China's National People's Congress (NPC) visits the 2010 World Expo site in Shanghai, east China, Jan. 29, 2010. Wu visited Shanghai from Jan. 28 to Feb. 1.Accompanied by Yu Zhengsheng, secretary of the Shanghai Municipal Committee of the Communist Party of China, Wu visited the Expo Site as well as some high and new tech enterprises in the city.Shanghai must spare no effort in hosting the Expo and seize the opportunity to promote economic restructuring and industrial structural upgrading, to boost the development of modern service industry, and to speed up fostering emerging strategic industries, Wu said."Wu must make technological breakthroughs, speed up industrialization process, and develop emerging industries such as smart grid, low-carbon technology and biomedicine, so as to make sure the country can have the initiative in the new round of international economic competition," Wu said.The 2010 World Expo was scheduled to be held from May 1 to Oct. 31 in Shanghai, expected to attract a record total of 70 million visitors from home and abroad.

BEIJING, Jan. 24 (Xinhua) -- One of China's two leading State-owned shipbuilders, China Shipbuilding Industry Corporation (CSIC), said Sunday that its profit in 2009 jumped 18.5 percent to 7.39 billion yuan (1.1 billion U.S. dollars).The Beijing-based conglomerate, which consists nearly 50 industrial subsidiaries and about 30 R&D institutes in northern China, also said its operating income rose 17 percent in 2009 to 120.9 billion yuan.General manager Li Changyin said the CSIC had overcome the impact of the global financial crisis, which crippled the global sea-based trade and brought down ship orders.Li said technological innovations had enabled the CSIC to build 180,000-dwt bulkers, 320,000-dwt oil tankers, 13,000-TEU containers as well as new types of drilling platform which can be used in water depths up to 400 feet (120 meters).According to Li, CSIC had also been actively engaged in non-ship businesses including manufacturing of wind power and nuclear power equipment, accounting for 40 percent of the CSIC's business volume.Li said the CSIC profit target for 2010 was 8 billion yuan. The operating income was expected to surpass 140 billion yuan and the CSIC output in 2010 was likely to break 10 million dwt (deadweight tonnage), he added.The CSIC, which has more than 140,000 manpower, launched an initial public share offer at the Shanghai Stock Exchange in December 2009 and raised some 6.4 billion yuan.The CSIC's main shipbuilding and industrial enterprises are based in cities of Dalian, Qingdao, Tianjin, Shanhaiguan and Wuchang.The other major shipbuilding conglomerate in China -- the China State Shipbuilding Corporation (CSSC) is based in Shanghai, whose turf is mainly in eastern and southern China.