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ZURICH, Switzerland, July 18 (Xinhua) -- Top Chinese legislator Wu Bangguo and Doris Leuthard, president of the Swiss Confederation, held talks on Sunday and agreed to expand their bilateral cooperation.Wu, chairman of the Standing Committee of China's National People's Congress (NPC), delivered Chinese President Hu Jintao's regards to Leuthard. He said China will work together with Switzerland to push forward the Sino-Swiss ties.The Chinese and Swiss economies are highly complementary and have large potential in economic cooperation, said Wu. China expects to make joint efforts with Switzerland to strengthen cooperation in such areas as financial service, environmental protection, green economy and low-carbon technology while deepening cooperation in traditional fields, he said.Leuthard highly commended the progress in Sino-Swiss relations in recent years.She said Switzerland, which is one of the earliest western countries to establish diplomatic ties with China, gives great attention to a friendly cooperation with China and is willing to deepen the bilateral ties. Switzerland regards China as an important partner and looks forward to carrying out cooperation in environmental protection, energy-saving and sustainable economic development, she added.She reaffirmed the Swiss government's stance on one-China policy.During the talks, the two leaders also exchanged views on global issues such as financial crisis and climate changes.Wu is here on an official goodwill visit to Switzerland. He is set to leave for Geneva to attend the third World Conference of Speakers of Parliament later on the day. 

WUHAN, Aug. 12 (Xinhua) -- Bidding farewell to their hometown for good, 499 villagers in central China's Hubei Province left their homes Wednesday morning, becoming the first group to relocate to make way for China's South-North Water Diversion Project (SNWD).Their hometown of Niuhelin District, Danjiankou City, will be submerged by 2014 under 170 meters of water."I am surprised nobody cried when the coaches left our village. Last night, we felt sorrow when the whole village gathered to have our last dinner in our hometown together," a villager surnamed Wang said.The government paid the dinner and organized a troupe of gong and drum players to cheer up the villagers.Their journey was the starting point for the nation's largest relocation program after that of the Three Gorges Hydro-Power Project, which involved the relocation of 1.27 million.The relocation for the building of the central route of the SNWD by 2014 will involve 330,000 residents - 180,000 in Hubei and 150,000 in neighboring Henan Province.The project is designed to take water from a section of China's largest river, the Yangtze, to satisfy demand in the north China's drought-prone megacities - Beijing and Tianjin.According to the government, from Wednesday until September 30, about 60,000 people will be relocated.At the farewell scene, a fleet of 15 coaches carried the villagers while 34 trucks loaded with the villagers' belongings was followed by a number of ambulances with the village's elderly, unwell and pregnant."We may set a record in terms of speed of relocation -- 60,000 people within 50 days. We want to do it fast so we can finish it before the rainy season hits," said Zeng Wenhua, mayor of Danjiangkou City.

YUSHU, Qinghai, July 10 (Xinhua) -- The Chinese government on Saturday started a massive multi-million-dollar project to restore 87 monasteries damaged in a 7.1-magnitude earthquake that shook a predominantly Tibetan area in northwest China in April.Monks and officials gathered at the new site of Trangu Monastery in Yushu, Qinghai Province, for a brief ground-breaking ceremony. Monks from the 700-year-old monastery, whose former buildings collapsed in the quake, held a prayer service, chanting sutras and turning prayer wheels to mark the start of the rebuilding.More than 2,200 people were killed after the 7.1-magnitude earthquake struck Yushu. The entire town of Gyegu, the seat of Yushu prefectural government, was flattened, leaving more than 100,000 residents homeless.Lodroe Nyima Rinpoche, a living Buhhda of the Trangu Monastery, said monks felt "grateful" for the government efforts to rebuild damaged monasteries.Three best known monasteries damaged in the Yushu quake were Trangu, Gyegu and Renyak.The repair of Gyegu Monastery also started on Saturday.Qinghai's Ethnic Affairs Committee said the central government had earmarked 1 billion yuan for the monastery restoration in Yushu. The construction will cover an area of 170,000 square meters.Yushu is predominantly populated by ethnic Tibetans and most of them are Buddhists. There were thousands of monasteries, including 194 large or medium ones, in the region before the quake. The number of monks, nuns and other religious personnel was estimated at 23,000, local government data show.The economic losses of the monasteries and in-house religious relics mounted to 756 million yuan, according to the data.Monasteries and religious activities form an important part of local residents' daily life. Phuriwa, deputy head of Qinghai's Ethnic Affairs Committee, said the drafts for monastery restoration were revised many times only to best protect the Tibetan culture and to give local Buddhism believers best places to observe religious rituals.Saturday also marked the start of about 200 rebuilding projects in Yushu, which would cost 16 billion yuan.China plans to spend 31.7 billion yuan in three years to rebuild Yushu. Funding for the reconstruction will come mainly from the central budget, with contributions from provincial finances and donations, the government said earlier.

BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.

BEIJING, Aug. 14 (Xinhua) -- China and Switzerland Saturday marked the 60th anniversary of their diplomatic ties at a reception in Beijing.Addressing the occasion, senior Chinese official Liu Qi said China hopes to take the opportunity of the 60th anniversary to enhance mutual political trust and cooperation with Switzerland in various fields.Liu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said China attaches great importance to developing friendly relations with Switzerland, one of the first Western countries to recognize the People's Republic of China.Currently China is Switzerland's second largest trading partner in Asia, and Switzerland is a major partner of China in Europe, said Liu.Doris Leuthard, President of the Swiss Confederation and Head of Federal Department of Economic Affairs, said Swiss-China relationship has deeply developed since the establishment of the diplomatic ties on Sept. 14, 1950.Leuthard said the two economies are complementary and can achieve win-win results in fields such as environment, machinery and financial services.Leuthard is paying a working visit to China from Aug. 10 to 15, at the invitation of Chinese President Hu Jintao.

来源：资阳报