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LANZHOU, Aug. 24 (Xinhua) -- China plans to spend 2.23 billion yuan (328 million U.S. dollars) to improve disaster prevention systems in a mountainous northwest China town devastated by a landslide earlier this month, local officials said Tuesday.The planned multi-billion yuan project to prevent further geological disasters in Zhouqu County, south of Gansu Province, had passed reviews by experts from the Ministry of Land and Resources, said Guo Yuhu, vice-director of the provincial land and resources department.The plan is scheduled to be carried out in three phases from 2010 to 2012, Guo said.Guo noted that the project includes improving disaster warning systems, drawing up emergency resettlement plans, conducting a thorough study of the geological disaster hazards, and setting up a capable monitoring network.A late-night avalanche of mud and rocks roared down the mountain slopes in the county seat of Zhouqu on Aug. 8, burying villages and blocking the Bailong River, a major regional river.At least 1,447 people were killed and 318 remain missing, according to the latest government information.The mudslide left a thick layer of sludge, about 5 kilometer long and 500 meters wide, in the center of the town. Many bodies are believed to be buried in the mud, but authorities banned their recovery on Sunday due to concerns over public health.
XI'AN, July 20 (Xinhua) -- Floods and landslides triggered by torrential rains have left at least 15 people dead and 54 missing in northwest China's Shaanxi Province, flood control authorities said late Monday.The lives of more than 1.33 million people were disrupted by the heavy flooding in 23 counties and cities in the southern regions of the province, said officials in the provincial flood control headquarters.Torrential rains have cut off roads, flattened homes, destroyed power facilities and flooded farmland in the worst-hit Ankang City, causing economic losses estimated at 881 million yuan (129 million U.S. dollars), said officials.In the mountainous county of Langao in Ankang, three people were reported dead and 17 still missing after landslides and mud-rock flows struck several villages late Sunday.Continuous rainfall has battered many Chinese provinces and regions over the past week.In neighboring Sichuan Province, flash floods and landslides left at least 26 people dead and more than 30 missing.China is also preparing for the worst Yangtze flooding in more than a decade as water levels in the upper and middle sections of China' s longest waterway continue rising.
BEIJING, Aug. 4 (Xinhua) -- China's foreign exchange regulator Wednesday pledged to continue efforts to manage illegal capital inflows in the second half of the year.In a statement on its website, the State Administration of Foreign Exchange (SAFE) said it had investigated up to 3.5 million cases of international trade transactions, involving a total of 440 billion U.S. dollars, during its hot money monitoring campaign, which began in February.The statement said it had identified 197 cases of illegal capital inflow, but it gave no exact sum for the cases.SAFE said earlier last month that its investigations had found 190 cases, involving 7.35 billion U.S. dollars, of hot money inflows.Capital flows into and out of China for purposes other than import and export payments are strictly controlled by SAFE, which manages the country's 2.45 trillion U.S. dollars in foreign exchange reserves.The statement also said it would introduce new foreign exchange instruments to meet domestic market demand and support China's currency reforms.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.The hot money campaign was launched amid concerns that speculators were betting on an appreciation of the Chinese currency and rising asset prices.
BEIJING, July 24 (Xinhua) -- The gross domestic product (GDP) in China's western regions grew by 13.5 percent year on year in 2009, much higher than the country's revised national GDP growth of 9.1 percent, according to a report issued here on Saturday.It is the eighth year in a row for these regions to score a double-digit GDP growth after the Chinese government launched a "West Development" campaign ten years ago, read the report on the economic development of China's western regions issued by the Chinese Academy of Social Sciences.It attributed the GDP growth mainly to China's policies to stimulate domestic demand and the increase in investment, despite the global financial crisis.Five provinces, regions or municipalities saw an increase of more then ten percent in the disposable income of urban citizens in 2009, as the income gap between China's western and eastern regions had begun to narrow, the report said.The average yearly per capita disposable income of urban citizens in the western regions was 12,971 yuan (about 1,918 U.S. dollars) in 2008.Noting that economic development in the western regions still heavily relied on natural resources, the report said efforts should be made to increase the regions' capacity to ensure sustainable development, while establishing a low-carbon industrial system.
BEIJING, July 5 (Xinhua) -- China and Britain on Monday pledged to enhance military ties.The pledge came out of the meeting between Vice Chairman of China's Central Military Commission Guo Boxiong and visiting British Chief of Defense Staff Jock Stirrup.The military relationship is an important component of China-Britain relations, and the two sides have witnessed frequent exchange of high-level visits and fruitful cooperation in many fields, Guo said.He said China's armed forces attached importance to the friendly cooperation with the British armed forces, and would work with it to enhance mutual trust and expand cooperation.Stirrup echoed Guo saying the military relationship was very important and the British side hoped to strengthen military cooperation with China.The two sides also discussed the development of China-Britain relations and international and regional issues of common concern.Highlighting the development of China-Britain relations in recent years, Guo said the bilateral relationship is at a new historic starting point. The two sides should respect each other's core concerns and properly handle disputes, so as to promote sound and stable development of the comprehensive strategic partnership.Stirrup said Britain's new government attached importance to its relationship with China.