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BEIJING, Aug. 16 (Xinhua) -- China's central bank and banking regulatory commission have ordered the country's financial institutions to provide preferential loan policies to victims in the mudslide-hit regions of Gansu and Sichuan provinces.The minimum down payment for a home in the disaster-affected urban regions could be reduced to 10 percent while the interest rate for home loans could be cut to possibly 60 percent of the benchmark rate, the People's Bank of China, the central bank, and China Banking Regulatory Commission said in a joint statement issued over the weekend.Banks were also asked to help ease loan pressures for rural residents in the disaster-affected regions.A massive mudslide, which took place on Aug. 8 in Zhouqu County of northwest China's Gansu Province, has killed 1,248 people as of 4 p.m. Sunday, with 496 still missing. Flooding and mudslides in southwest China's Sichuan Province has left at least 13 dead and 59 missing.
BEIJING, Aug. 13 (Xinhua) -- Chinese Vice President Xi Jinping met with Ecuadorian Foreign Minister Ricardo Patino here Friday, the two vowing to increase bilateral cooperation and party-to-party exchange.Xi hailed the smooth development of China-Ecuador ties over recent years, citing frequent high-level exchanges and enhanced political trust.The Chinese government highly values its relations with Ecuador, he said, adding that strengthening bilateral ties is in the common interest of both nations and peoples."We hope to take the opportunity of the 30th anniversary of diplomatic ties this year to expand cooperation with Ecuador to push bilateral relations to a new stage," Xi said.He also urged more exchanges between the Communist Party of China (CPC) and the ruling party of Ecuador.Patino extended his condolences to the family members of the victims of the mudslides in northwest China's Gansu Province.He also said Ecuador hopes to cement cooperation with China in political, trade and cultural areas.Patino is visiting China from Aug. 10 to Aug. 16 at the invitation of his Chinese counterpart, Yang Jiechi.In talks with Patino earlier Friday, Yang said China and Ecuador maintained good coordination in international affairs. He expressed the hope to boost all-round relations between the two countries.Patino pledged his country would continue adhering to the one-China policy.Patino will attend the National Pavilion Day of Ecuador celebrations at the Shanghai World Expo on Saturday.

URUMQI, Aug. 7 (Xinhua) -- A group of 192 Chinese workers and engineers, who had been trapped and later rescued in flood- hit Pakistan's northwest province of Khyber Pakhtunkhwa, returned home at 8:24 p.m.Saturday on a charter flight.The plane took them to Urumqi, northwest China' s Xinjiang Uygur Autonomous Region, and after a brief stay, they will fly to their home towns in central China's Henan Province, east China's Shandong Province and southwest China's Sichuan Province."I feel safe coming back home," Feng Yong, an engineer said at the Urumqi airport.Chinese workers and engineers walk out of a chartered plane at the airport in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, Aug. 7, 2010. The first batch of 192 Chinese workers and engineers, who had once been trapped and rescued in flood-hit Pakistan's northwest province of Khyber Pakhtunkhwa, returned to China Saturday. A total of 268 Chinese workers and engineers working at a hydro-power station project in the Patan area of Kohistan District in Khyber Pakhtunkhwa were trapped on a mountain as a huge landslide, triggered by floods and torrential rains, washed across their work site on July 29.All 265 people were safely evacuated, except for three workers who went missing.Fourteen Chinese engineers are still taking care of the flood-ravaged project site while the remaining 59 workers are waiting for other arrangements in Islamabad.
BEIJING, July 29 (Xinhua) -- The People's Liberation Army (PLA) Navy had conducted a large scale of live-ammunition training exercise in the South China Sea, according to a front-page report on Thursday's PLA Daily newspaper.The exercise, which was carried out on July 26, brought together a large group of warships, submarines and combat aircraft.During the exercise, warships and submarines from the Navy's South China Sea Fleet performed precision strikes on surface targets by firing guided missiles while surface warships conducted anti-missile air defense operations, said the PLA's official newspaper.A naval aviation fleet also participated in air control operations, according to the report, which did not specify the exact location of the training or the number of participating warships.In overseeing the training, General Chen Bingde, PLA's chief of the General Staff, said that the PLA should "pay close attention to the development of situation and tasks" and make "solid preparation for military struggle which depends on massive military training" .
来源:资阳报