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HAIKOU, July 16 (Xinhua) -- Typhoon Conson landed at Yalong Bay of Sanya City, in south China's island province of Hainan, late Friday, causing casualties.Conson made landfall at 7:50 p.m., packing winds of up to 126 km per hour at the center, according to the disaster prevention office of Sanya, a tourist resort.It brought heavy rains and strong winds to Sanya, uprooting trees, pulling down billboards and light poles and partly cutting power supply.A security guard was buried in debris after a giant billboard toppled at about 7:26 p.m.. The man was found dead at about 11 p.m. after rescuers pulled away the billboard with the help of machines.A motorcycle rider was hit by a falling billboard and died at the site at about 8 p.m..The typhoon is expected to hover in the island for about 9 hours before it enters Beibu Bay on Saturday morning.The city had recalled to port all fishing boats by Friday noon and almost 40,000 people across the island had been relocated by 4:30 p.m..The typhoon, the first to hit China this year, has triggered high waves and cut some village roads.

  阜阳那里治疗体癣   

BEIJING, June 21 (Xinhua) -- China's announcement that it would allow more flexibility in its yuan exchange rate meant an end to the crisis-mode policy the government took to cushion the blow from the global financial crisis, experts interviewed by Xinhua said Monday.The People's Bank of China, also known as the central bank, said Saturday that it decided to proceed even further with the reform of the Renminbi exchange rate to add flexibility to the RMB exchange rate.The decision was made in view of the recent economic situation and financial market developments at home and abroad, as well as due to the balance of payments situation in China, the central bank said. However, it ruled out a one-off revaluation of the yuan as there was no basis for large changes in its value.Experts noted it was the correct time for the exchange rate policy to return to its normal state, given the consolidated economic recovery, large decline in trade surplus and more balanced international payments.Zhao Xijun, deputy dean of the School of Finance with the Renmin University of China, said the normalization of China's exchange rate policy would intensify China's economic connection to the global economy and help promote the country's economic restructuring and adjustments of its development mode.China moved to a managed floating exchange rate regime in July 2005 which was based on market supply and demand and referencing a basket of currencies. The reform of the RMB exchange rate has made continuous progress since then, producing the anticipated results and playing a positive role.The financial crisis which broke out in the United States in 2008 shook the global financial markets and dented investment confidence. To counter fallout from the economic turmoil, nations rolled out their crisis-mode measures.Zhou Xiaochuan, governor of the central bank, said in March that the exchange rate policy China took amid the crisis was part of the government's stimulus packages, and would exit "sooner or later" along with other crisis-measures.China's economy expanded at 11.9 percent year on year in the first quarter of this year and exports surged 48.5 percent in May, government data showed.Zhao said China narrowed fluctuation of the RMB exchange rate to stabilize market sentiment and stimulate economic growth amid crisis, which was in the interests of China and contributed to the country's economic recovery.During the worst of the global crisis, exchange rates of a number of sovereign currencies to the U.S. dollar depreciated by large margins while the yuan kept stable. Against these depreciating currencies, the value of the yuan has been rising."Undoubtedly, it improved the trade environment for these countries and helped them through hard times," Zhao said, noting the policy contributed significantly to the Asian and global recovery."Narrowing the fluctuation of the yuan's value was the best exchange rate policy China could take during the crisis period, which gave export businesses a stable expectation of the yuan's value and reduced costs caused by a volatile currency," said Xiang Songzuo, Deputy Director of the Center for International Monetary Research at Renmin University of China.The central bank's move also intended to increase competitiveness of export businesses and accelerate economic restructuring.Zhao said when the RMB exchange rate regime becomes more market-oriented, China's export businesses should take more responsibilities and become more self-reliant.The central bank said Sunday that the management and adjustment of the yuan exchange rate would occur gradually, which was necessary to give export businesses time to adjust their business structures and create more jobs in the service sector.Cao Honghui, senior researcher with the Institute of Finance and Banking under the Chinese Academy of Social Sciences, said the further proceeding meant China would rely more on domestic demands for economic growth, which would push forward adjustments of the global economic structure.The central parity of the Renminbi against the U.S. dollar remained at 6.8275 Monday, unchanged from the previous trading day, according to the China foreign Exchange Trading System.

  阜阳那里治疗体癣   

TAIPEI, June 9 (Xinhua) -- Governor of east China's Zhejiang Province Lu Zushan started an eight-day visit to Taiwan Wednesday with the aim of deepening economic and cultural cooperation between the two regions.Under the theme "Visiting Friends, Conducting Exchanges and Cooperation," the delegation will launch cooperation programs with Taiwanese counterparts in finance, agriculture, tourism, culture and education.The delegation will learn about Taiwan's experience in environment protection, disaster response and relief, and public services at the grassroots level.The delegation will also visit residential communities, villages and enterprises to communicate with local residents.Apart from provincial government officials, the delegation also includes entrepreneurs. One of the entrepreneurs is Ma Yun, CEO of Zhejiang-based Alibaba Group, the parent of Alibaba.com, the global e-commerce site for small and medium businesses that connects buyers and sellers.During a meeting between Lu and the Taiwan-based Kuomintang's (KMT) honorary chairman, Wu Poh-hsiung, Wednesday, both sides expressed their hopes to increase the number of Zhejiang residents visiting the island this year.Nearly 130,000 Zhejiang residents visited Taiwan last year, accounting for about 20 percent of the Chinese mainland's total, according to Lu.Both Lu and Wu expected the number of Zhejiang visitors to exceed 180,000 this year.Zhejiang is where many Taiwan people come from."More than one million Taiwanese people are natives of Zhejiang," Lu said.The province is also a magnet for Taiwanese investment. The trade volume between Zhejiang and Taiwan hit 9.06 billion U.S. dollars last year, according to Lu.Since the beginning of this year, leading officials from various municipalities and provinces - Shanghai, Hubei, Fujian, Guizhou, Qinghai, Shandong and Sichuan - and the ministries of commerce and agriculture have led delegations to Taiwan to boost cooperation and exchanges with the island.

  

BEIJING, June 16 (Xinhua) -- The fifth chartered flight sent by the Chinese government brought 185 more nationals back home from Kyrgyzstan on Wednesday morning, sources with the Foreign Ministry said.The flight arrived at an airport in Urumqi, capital of northwestern Xinjiang Uygur Autonomous Region, at 7:17 a.m. (Beijing time) from Osh of Kyrgyzstan, where ethnic clashes have left some 170 people dead. Chinese nationals prepare to board the chartered flight at an airport in Osh, southern Kyrgyzstan, June 15, 2010.The Chinese government has sent five chartered planes to bring home nationals including business people and students in Kyrgyzstan. So far 754 Chinese nationals have been taken home.More chartered planes are to be sent to take Chinese nationals back home, according to the ministry.

  

BEIJING, July 30 (Xinhua) -- China's gross domestic product (GDP) is expected to expand more than 9 percent in 2010, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday.Yi, also deputy governor of the People's Bank of China, the central bank, made the remarks in an interview with China Reform magazine, which is posted on the SAFE website Friday.China's GDP grew 11.1 percent in the first half of 2010 from the same period of last year.Yi said China's economic growth rate will eventually slow down because its economic base is expanding, while the country's development faces huge pressure in fields of environmental protection, resources and energy."The restriction caused by environmental factors has been unprecedented, such as underground water, air, and carbon emission," Yi said.Yi said the priority of China's economy is the quality of the growth."That's why we have to restructure and transform growth modes -- for improving the growth quality and the efficiency," Yi said.

来源:资阳报

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