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BEIJING, July 30 (Xinhuanet) --Zhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for the deal.Ministry of Commerce officials told China Daily on Thursday that the government cleared the Volvo deal on Monday 26, after the National Development and Reform Commission cleared the proposal last week.Geely has also got the necessary anti-trust approvals from the European Union and the US government for the deal.Li Shufu (center), chairman of Zhejiang Geely Holding Co, arrives for a news conference in Beijing earlier this year. The Geely-Volvo deal has won approval from the Chinese government."With this the decks are now clear for Geely to complete its acquisition of Volvo and start manufacturing the brand in China," said Wang Zhile, director of the research center on transnational corporations under the Ministry of Commerce.Yuan Xiaolin, Geely's spokesman for the Volvo deal was unavailable on Thursday for comment. However, unnamed sources from Geely told China Daily that the Zhejiang-based automaker will hold a formal function on Monday to complete the deal.Geely's shares surged nearly 11.32 percent and closed at HK.95 per share in Hong Kong on Thursday.Privately owned Geely paid .8 billion to acquire the Volvo car brand from Ford on March 28 this year. It was the biggest overseas deal made by Chinese automakers in recent times.Geely Chairman Li Shufu had at that time indicated that the company would invest 0 million as operating capital in Volvo apart from the US.8 billion purchase price.Geely said on July 15 that it had appointed Li as the chairman of the board at Volvo Car Corp. At the same time it appointed the former president and CEO of Volvo Hans-Olov Olsson as the vice-chairman.More appointments to the board and top management, including the chief executive and chief financial officer, may be made next week, said sources.Analysts said the Volvo buy will help Geely gain a competitive edge in China and also a major toehold in Europe.Pursuant to completion of the deal, Geely is likely to start making Volvo cars locally.Though it has not announced a location yet, indications are that it may consider Jiading in Shanghai, Chengdu in Sichuan, Beijing or Tianjin as possible production sites.During the firsts six months of the year, Volvo sold 15,497 cars in China, up 88 percent over last year.That compares to the Swedish luxury brand's 5.2 percent and 9 percent year-on-year decline in major markets like the United States and Germany.Geely plans to increase Volvo's annual sales in China to 150,000 units by 2015, said sources.

GUANLING, Guizhou, July 4 (Xinhua) -- Rescuers Sunday gave up searching for more survivors, six days after a rain-triggered landslide buried 99 people in a southwest China village, citing mounting concerns to head off the outbreak of disease as well as the slim chance anyone could have survived after nearly one week.Only 42 bodies have been recovered at the landslide-hit Dazhai Village in Guanling County, Guizhou Province. But rescuers said it was unlikely to find any more survivors six days after the disaster amid the humid and hot weather.Police said they have begun to cremate the bodies after extracting DNA samples.Also, rescuers said life-detecting equipment found no traces of life while 20 excavators failed to uncover any body after turning some 400,000 cubic meters of mud at the site.On Sunday, police cordoned off the site and treated the area with disinfectants to prevent the outbreak of epidemics.Excavators that had been combing the ruins for six days were replaced by trucks carrying bleaching powders, disinfecting materials, and vaccines.Zhu Zhengming, deputy chief of the provincial health bureau, said the medical team faced increasing pressure as viruses and bacteria reproduced faster in the ongoing lingering heat.For the sake of the health and safety of rescue workers, they must leave the site, Zhu said, ordering quarantine personnel to disinfect the ruins every six hours for four times before it is completely sealed off for three months.Meanwhile, the government of Guanling announced on Sunday that families of each victim are entitled to cash compensation of 5,000 yuan and 500 kilograms of rice.8 Wang Mengzhou, the Party chief of Guanling, said a memorial service would be held near Dazhai Village on July 5 -- exactly one week after the landslide engulfed Dazhai and buried 99 local residents.Downpours drenched much of south China in late June, leaving 266 people dead and another 199 missing in eleven provinces, the National Commission for Disaster Reduction said last Friday. Rain-triggered landslides and mud-rock flows were responsible for 80 percent of the casualties.

BEIJING, July 23 (Xinhua) - Chinese Vice Premier Li Keqiang, on Friday, called for greater efforts to develop and put into use advanced energy technologies as a means of boosting energy conservation and efficiency, and to fuel the country' s sustainable social and economic growth.Li made the remarks when meeting with prize winners awarded for their contributions to China' s energy science and technology advancements here in Beijing.Energy security was key to China' s ongoing urbanization and industrialization, and to the steady and relatively quick long-term economic development of the country, Li said.Chinese Vice Premier Li Keqiang meets with prize winners awarded for their contributions to China's energy science and technology advancements in Beijing on July 23, 2010. Li called for greater efforts to develop and put into use advanced energy technologies as a means of boosting energy conservation and efficiency, and to fuel the country's sustainable social and economic growth on Friday.He urged authorities to focus on energy conservation and environmental protection, enhance China' s energy technology innovation capabilities, optimize energy structures, and establish a modern energy industrial system.Energy use efficiency should also be improved, he said.Noting the rapid development in energy technologies and their large potential markets, the Vice Premier said the country should promote nuclear energy construction while ensuring its safety, and should develop hydro, wind, solar and biomass power in an orderly manner.Efforts should be made to put new technologies into use, and to cultivate innovative capabilities to assure breakthroughs occur in energy sciences and in new technologies, he said.

BEIJING, Aug. 6 (Xinhua)-- China firmly opposes any remarks and actions that violate its sovereignty over Xisha Islands and adjacent waters in the South China Sea, said Foreign Ministry spokeswoman Jiang Yu here on Friday.Jiang made the comment after Vietnamese foreign ministry spokeswoman Nguyen Phuong Nga said Thursday, according to media reports, that Chinese vessels' seismic exploration activities near Xisha Islands had violated Vietnam's sovereignty."China has indisputable sovereignty over Xisha Islands and adjacent waters," Jiang reiterated in a news release.

CHONGQING, July 19 (Xinhua) -- Rain-triggered landslides in southwest China Monday blocked a river, creating a barrier lake in Chongqing Municipality and forcing the evacuation of more than 12,000 people, flood control authorities said.The landslide blocked the Luojiang River in Chengkou County early Monday, creating a dam holding 15 to 20 million cubic meters of water, said Xing Hua, a Chengkou Water Resources Bureau spokesman.As of 5 a.m. Monday, the barrier lake was five-square-kilometers in area and 18-meters deep, said Xing.Photo taken on July 19, 2010 shows the Ciqikou Town surrounded by flood water of the Jialingjiang River, southwest China's Chongqing Municipality. The water level of Beibei section of Jianglingjiang River rose to 197.76 meters, 3.26 meters higher than the alarm line.All 12,000 residents - 7,000 from Chongqing and 5,000 from neighboring Sichuan Province - have been evacuated to higher ground, flood control authorities in the two regions said.The rising waters may flood the upper reaches of the river while any potential dam breach would bring fatal floods downstream.Continuous downpours and poor road conditions have hindered work teams and experts getting near the site, stymying efforts to deal with the barrier lake, said Chengkou County's flood control office.

来源：资阳报