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BEIJING, Feb. 15 (Xinhua) -- North China's severe drought is still threatening 104 million mu (6.9 million hectares) of farmland in north China, the Office of State Flood Control and Drought Relief Headquarters said Sunday. The drought-affected farmland dropped only 6.41 million mu, compared to a day earlier, although the country is going all out to fight the worst drought in decades, including artificial rain. Among the total affected farmland, 30.33 million mu was seriously threatened by the drought, though 940,000 mu less than a day earlier, and 4.21 million mu had dried out, according to the office. In the meantime, 4.68 million people and 2.5 million heads of livestock are still facing water shortage. About 88.42 million mu of winter wheat crops are suffering from the drought, 5.88 million mu less than a day earlier, in provinces of Hebei, Shanxi, Jiangsu, Anhui, Henan, Shandong, Shaanxi, and Gansu. The respite was limited as there was no effective rainfall in the drought-hit winter wheat growing provinces Saturday, although 5.11 million mu of wheat farmland was watered by irrigation facilities.
BEIJING, March 16 (Xinhua) -- China's Ministry of Railways (MOR) signed a deal with state-owned vehicle producer CNR Corporation Limited (CNR) here Monday to purchase 100 high-speed CRH trains for 39.2 billion yuan (about 5.74 billion U.S. dollars). CRH, an abbreviation for China Railway High-speed, refers to trains with speeds above 200 km per hour. With a designed speed of 350km/h, the new CRH trains will travel between Beijing and Shanghai in 2011, when the construction of the 1318-km, high-speed railway between the capital city and the country's financial hub is expected to complete. "The contract does not include any foreign parties, as Chinese companies possess core technologies for the high-speed trains and have complete intellectual rights over the 350km/h CRH type," said Zhang Shuguang, director of the transport department under the MOR. The MOR had introduced railway technologies from Japan, France, Germany and Canada in the development and production of the 200km/h CRH trains already in operation at present. According to the agreement between the ministry and CNR, all 100 trains will be self-developed and manufactured under the CNR group. Tangshan Railway Vehicle Co. and Changchun Railway Vehicle Co., two CNR subsidiaries, will be in charge of the production of 60 sets and 40 sets, respectively. Zhang said China would see "large purchases" of CRH trains in the coming years upon the completion of more passenger railway lines across the country. The MOR has planned to spend 500 billion yuan to buy trains over the next four years. "The purchases will provide strong support for related industries," Zhang said. The manufacturing of a CRH train requires nearly 100,000 parts from a wide range of industries such as mechanics, metallurgy, electrics, chemical, and materials. "We will buy more CRH trains this year as a move to help stimulate domestic demand," said Zhang without giving further details on the purchasing plan.
BEIJING, April 15 (Xinhua) -- Foreign direct investment (FDI) in China posted a 20.6 percent year-on-year decline in the first quarter to 21.78 billion U.S. dollars, the Ministry of Commerce announced Wednesday. In March, FDI was 8.4 billion U.S. dollars, the biggest amount since October 2008 which was 8.35 billion U.S. dollars. However, the March figure was down 9.5 percent from a year earlier, ministry spokesman Yao Jian said at a news conference. March was the sixth consecutive month that FDI fell. The good news is that the decline eased from the 15.81 percent drop in February and a 32.67 percent drop in January. Zhang Hanya, an economist with the National Development and Reform Commission said a reduced decline indicated overseas investors growing confidence in the country's economic recovery. Chinese Premier Wen Jiabao said Saturday that the Chinese economy showed signs of positive improvement in the first quarter as a result of the economic stimulus package adopted by China. Yao added stable investment inflows were important for the country to stabilize exports, enhance employment and boost consumption as the government tries to make China more attractive to investors. The ministry said in March it was shifting authority for approving certain foreign investments to provincial governments.
BEIJING, Feb. 17 (Xinhua) -- After a three-day visit to Saudi Arabia beginning Feb. 10, Chinese President Hu Jintao started an Africa tour aimed at enhancing China's friendship with developing countries in the region. The trip, which took Hu to Mali, Senegal, Tanzania and Mauritius from Feb. 12 to 17, has given new impetus to the traditional friendship between China and Africa. Visiting Chinese President Hu Jintao (L) talks with Saudi Arabian King Abdullah bin Abdul-Aziz during their meeting in Riyadh, Saudi Arabia, Feb. 10, 2009The time-honored friendship between China and Africa can be traced back to as early as the Ming Dynasty (1368-1644), when Chinese navigator Zheng He traveled to the African continent during his seven epic voyages. In the 1960s, when most African countries launched a wave of independence struggles, late Chinese Premier Zhou Enlai had also visited Africa to express his country's staunch support for its African brothers. The fates of the Chinese and African peoples are closely interrelated as they share a similar history and similar developmental tasks, and the two sides have carried out various forms of cooperation based on the principles of equality and mutual benefit. Chinese President Hu Jintao (L) meets with Malian President Amadou Toumany Toure in Bamako, Mali, on Feb. 12, 2009"Every time I come, it's like coming back home," Hu said while delivering a key speech in the Tanzanian capital of Dar es Salaam on Monday. So far, China has provided aid to the best of its ability to 53 African countries under the framework of "South-South cooperation," aiming to help the countries achieve independent development and socio-economic progress. China-Africa relations entered a new stage of comprehensive development at the Beijing Summit of China-Africa Cooperation Forum in 2006, when they established a new type of strategic partnership featuring political equality and mutual trust, economic win-win cooperation and cultural exchanges. Visiting Chinese President Hu Jintao (L) meets with his Senegalese counterpart Abdoulaye Wade in Dakar, capital of Senegal, Feb. 13, 2009Hu's latest visit to Africa, his sixth in all and second since the Beijing Summit, opens a new chapter in the China-Africa friendship. The tour also brings new opportunities to review the results of the China-Africa friendly cooperation. The Chinese president announced an eight-measure policy designed to strengthen pragmatic cooperation with Africa at the Beijing Summit in November 2006. Several months later, he paid a visit to Africa, during which a series of cooperation agreements were signed with an aim to implement the policy. Visiting Chinese President Hu Jintao (L) meets with his Tanzanian counterpart Jakaya Mrisho Kikwete in Dar es Salaam, Tanzania, Feb. 15, 2009Now in 2009, the concluding year for implementation of the package, the Chinese president visited Africa again to exchange views with the leaders of African countries on the fulfillment of the commitments made at the Beijing Summit. During the visit, Hu also discussed with them the preparatory work for the fourth ministerial conference of the China-Africa Cooperation Forum later this year in an effort to enhance the China-Africa strategic partnership. The swift and efficient implementation of the eight measures has brought tangible benefits, and the measures have thus been well received by the governments and people of Africa and the international community. Visiting Chinese President Hu Jintao (L) meets with Mauritian President Anerood Jugnauth in Port Louis, Mauritius, Feb. 17, 2009Chairman of the African Union (AU) Commission, Jean Ping, said in late January that China is Africa's key cooperative partner. The AU chief also spoken highly of China's role in Africa's infrastructure development, saying "China has played a fundamental part in the improvement of infrastructure facilities across African countries." The World Bank has said China has made major contributions to promoting the development of Africa, and expressed the hope that African countries would combine China's developmental experiences with their own national conditions. Moreover, President Hu's trip this time brings new commitments for the future development of friendly and cooperative ties between China and Africa. Countries around the world currently face grave challenges amid the ongoing global financial downturn, with the impact of the crisis spreading to emerging-market countries as well as developing nations. Under such circumstances, Hu made a solemn pledge during his Africa tour that China will continue to implement its commitments made at the Beijing Summit in a timely and reliable manner, despite all the challenges his country faces in its own economic development. China will by no means cut assistance to Africa, said Hu. Instead, it will do its best to continue to increase aid to the continent, offer debt relief to African countries, and expand trade and investment with them. Hu's commitments were warmly applauded by the leaders of the African countries, who pledged to join hands with China in facing the impact of the financial crisis. A Gabonese newspaper commented that China, which had pledged to honor its earlier commitments and not to reduce aid to Africa despite the economic pressure from the ongoing crisis, had indeed exercised the responsibilities of a big country.