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BEIJING, Aug. 13 (Xinhua) -- Chinese Vice Premier Li Keqiang said Friday that the government would continue to regulate the housing market and resolutely crack down on speculative property investment and other unreasonable market demands.He said the government would continue to increase the supply of affordable housing for low-income families in order to consolidate the effects of the regulation over the past months.He pledged to ensure healthy development of the real estate industry and improve people's living conditions.Inspecting a low-rent housing site in Beijing, Li urged the municipal government to offer preferential policies in the areas of investment, land, and taxation to quicken the construction of affordable housing.He said that the affordable housing program should be transparent and fair in order to allow mid-and-low income residents to benefit.In the face of skyrocketing housing prices, the Chinese government has ordered a stringent credit policy to restrict speculative purchases and has increased spending to build affordable housing.Housing prices in major Chinese cities rose 10.3 percent year-on-year in July, slower than the 11.4 percent growth in June, the National Bureau of Statistics said on Tuesday.

BEIJING, July 27 (Xinhua) -- The China Investment Corporation (CIC), the nation's sovereign wealth fund, announced Tuesday it would start a new round of global hiring for "business development" reasons.The recruiting covers 64 job positions, including asset allocation and strategic research, risk management, strategic investment and private-equity investment, according to a statement on CIC website.Applications will be accpeted till August 9, it said.The CIC was established in September 2007 with a registered capital of 200 billion U.S. dollars from China's huge foreign exchange reserves.

BEIJING, June 27 (Xinhua) -- Heavy rainfalls have ended in South China's flood-battered Provinces and water levels of major rivers in Jiangxi and Hunan provinces are receding, according to the State Flood Control and Drought Relief Headquarters (SFDH) Sunday.However, flood prevention work must not slow down since risks remain, said the SFDH.Also, water levels in Jiangxi Province's Ganjiang River and Poyang Lake remain higher than normal warning levels and water in Hunan Province's Dongting Lake is still rising.Persistent heavy rains that have devastated parts of south China had, by Saturday, left 379 dead, and 141 missing, and resulted in economic losses estimated at 82.4 billion yuan, the SFDH said.The torrential rains and ensuing floods have affected 68.7 million people in 22 provincial-level regions along with 4.36 million hectares of farmland, said the headquarters.

NEW YORK, July 2 (Xinhua) -- In celebration of the 2010 Shanghai World Expo, Nasdaq OMX held a special ceremony and showcased the expo in the heart of Times Square on Friday.Baodong Li, China's Plenipotentiary and Permanent Representative to the United Nations, and Keyu Peng, Consul General of Chinese Consulate General in New York, attended Friday' s opening ceremony at the Nasdaq MarketSite in Times Square.Classical musician Lang Lang, the global promotion ambassador of the Shanghai World Expo, rang the opening bell. Li Baodong (L3), the Chinese ambassador to the UN, Peng Keyu (R2), China's consul general in New York, Chinese pianist Lang Lang (L4), who is also a goodwill ambassador of the Shanghai Expo, and Robert McCooey (R3), Senior Vice President of New Listing and Capital Markets of NASDAQ OMX, stand for group photo in front of a screen at Nasdaq in New York, July 2, 2010. Lang Lang rang the bell for the opening of Nasdaq Friday to promote the ongoing Shanghai World Expo.On July 13th, Lang Lang will perform with the Shanghai Symphony Orchestra and the New York Philharmonic as they launch their 2010 Concert in Central Park. It is the first time ever that the two orchestras will share the stage during New York's famed summer Parks series.Nasdaq will also display celebration messages dedicated to the Shanghai World Expo on its big screen in Times Square all day Friday.

QINGDAO, June 30 (Xinhua) -- The spread of green algae has quickened as the temperature rises in Qingdao City of east China's Shandong Province.The area covered by green algae surged by 60 sq. km on Tuesday to 460 sq. km, according to the latest monitoring figure by the North China Sea Branch of the State Oceanic Administration released Wednesday.The surge is three times as fast as the average increase over the past four days, which was from 380 to 400 sq. km."It's getting hotter and hotter in Qingdao these days, and the green algae grows faster and faster," said Wang Zhigang, a local resident who swims in the sea every day.Sixteen to 20 degrees Celsius were the most favorable sea temperature range for growth of the algae, said Pang Shaojun, a researcher from the Institute of Oceanology under the Chinese Academy of Sciences.The air temperature in Qingdao has risen by one degree Celsius per day on average over the past five days, reaching 27 degree Celsius Wednesday, according to the city's meteorological bureau."The sea temperature has risen to 20 degrees Celsius today, and the algae will keep growing if the temperature keeps rising," Pang said.The weather report said there would be a heavy rain in Qingdao, which would lower the air temperature to 25 degrees Celsius in the next three days, which meant the sea temperature would remain in the best range for the continued spreading of the green algae.Over 6,000 people, including cleaning workers and sea police, were deployed to clean the green algae as its continuing spread might affect the local fishery and tourism industries, said Ding Shugen from the Qingdao Committee of Municipal and Rural Construction.

来源：资阳报