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BEIJING, July 17 (Xinhua) - China' s State Council issued a notice Saturday ordering governments at all levels, along with relevant ministries, to upgrade prevention against geological disasters to safeguard the safety of the public.The notice reads, in this period with frequent flooding and geo-disasters, governments and relevant ministries should give priority to disaster prevention, strengthen disaster-prone sites and facilities, and set up close surveillance within these areas.Further, according to the notice, once geological disasters strike, governments should relocate local residents and keep people away from hazardous areas. The national land resource authority is required to create an emergency plan and to prepare disaster-relief personnel and materials.The notice also suggests mass media spread information about prevention and relief instructions.The notice notes this year witnessed frequently extreme weather, such as the rainstorms and floods in the south and geological disasters that caused heavy death tolls and massive injuries.

XINING, June 20 (Xinhua) -- Chinese Vice Premier Hui Liangyu said Sunday the government would soon implement the reconstruction plan for quake-hit Yushu in northwest China's Qinghai Province.Hui made the remarks at a meeting of the State Council's earthquake relief and disaster control headquarters held Sunday in Xining, capital of Qinghai, according a statement released after the meeting."We must strive to accomplish major reconstruction tasks in three years in a coordinated and scientific way and in accordance with the law," Hui said.Yushu was hit by a 7.1-magnitude quake April 14, with more than 2,200 people being killed and thousands of homes being flattened.The State Council approved the reconstruction plan for Yushu prefecture on June 14.Chinese Vice Premier Hui Liangyu (C) speaks at the reconstruction meeting for the quake-hit Yushu of northwest China's Qinghai Province, in Xining, northwest China's Qinghai Province, June 20, 2010. Hui Liangyu urged local government to pay more attention to improve people's living conditions during reconstruction in the quake-hit Yushu.Hui said the reconstruction must be carried out strictly according to the plan, while calling for a timely allocation of sufficient government funds.He called on builders, mainly from other parts of China, to aid the reconstruction efforts.Under the approved plan, reconstruction in the quake zone will be mainly funded by the central government.Related central ministries and departments must step up supervision and inspection to ensure no violations of regulations occur, Hui said.According to Hui, the State Council had decided to replace the quake relief and disaster control headquarters, set up one day after the Yushu quake, with a new office which will be charged with coordinating and guiding the reconstruction.The new office will be led by Zhang Ping, chairman of the National Development and Reform Commission.

BEIJING, Aug 20 (Xinhua) -- Chinese President Hu Jintao and other state leaders have made donations to help the relief and reconstruction work in Zhouqu County, which was devastated by a massive mudslide .Former President Jiang Zemin donated as well.Other state leaders who donated include Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, all Standing Committee members of the Political Bureau of the Central Committee of the Communist Party of China.So far, over 200 million yuan (29 million U.S. dollars) have been raised among Party members and staff of the central state organs.The death toll from the mudslide that hit the county in northwest China's Gansu Province had risen to 1,407 as of 4 p.m. Friday, with 358 still missing.

BEIJING, June 23 (Xinhua) -- Chinese banks should set up an independent risk management system in line with its strategic expansion plan as part of efforts to ward off financial risks, China's banking regulator said Wednesday.The breakout of the global financial crisis highlighted the necessity of increasing management of differentiated sovereign risks, the China Banking Regulatory Commission said in a guideline published on its website.Just as Chinese banks were expanding throughout the world, the overseas risks they were facing were on the rise, the guideline noted.Sovereign risks refer to ones that banks are exposed to when overseas borrowers or debtors are unable to repay debt because of their countries' economic, political and social changes.Chinese lenders were required to differentiate risks according to the countries involved and make policies on the minimum potential loan loss provisions ranging from 0.5 percent to 50 percent, according to the guideline.The banks must meet the requirements under the guideline by June 1, 2011.

BEIJING, July 22 (Xinhua) -- China and Japan will on July 27 hold the first round of negotiation on the implementation of the principles of consensus concerning the East China Sea issue.The decision came after a meeting between Chinese Foreign Minister Yang Jiechi and his Japanese counterpart, Okada Katsuya, on the sidelines of the ASEAN Ministerial Meeting in Hanoi, according to Foreign Ministry press release Thursday.The decision was reached after consultations between the two nations' relevant departments, foreign ministry spokesman Qin Gang said in the release.According to Qin, the two countries' foreign ministers expressed their satisfaction about the state of China-Japan relations in their meeting.