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BEIJING, Feb. 19 (Xinhua) -- As the traditional Spring Festival season ended two days ago, a new wave of post-holiday travel rush came to China's railway system, the Ministry of Railways (MOR) said Saturday.According to a statement from the MOR, the nation's railways carried 6.49 million passengers on Friday, the first day after the Lantern Festival which ended the festival season.The new wave of passengers mainly included students going back to school for the new semester and migrant workers returning to cities to start work. On Friday alone, 919,000 student passenger trips were made on railways, said the MOR.The ministry expected the travel volume and duration of the new peak to be similar to the previous year, with an average of more than 6 million railway passenger trips a daily.The MOR figures also showed that 166 million trips were made on railways since the Spring Festival travel rush began on Jan. 19, up 6 percent from the same period last year.

LOS ANGELES, April 1 (Xinhua) -- A NASA Gulfstream-III aircraft equipped with a synthetic aperture radar is scheduled to depart Sunday, April 3 on a nine-day mission to image Hawaii volcanoes, the Jet Propulsion Laboratory (JPL) announced on Friday.The aircraft will fly from the Dryden Aircraft Operations Facility in Palmdale, California to the Big Island of Hawaii to study the Kilauea volcano that recently erupted, said JPL in Pasadena, Los Angeles.The mission will help scientists better understand processes occurring under Earth's surface, JPL said.Developed by JPL, the Uninhabited Aerial Vehicle Synthetic Aperture Radar, or UAVSAR, uses a technique called interferometric synthetic aperture radar that sends pulses of microwave energy from the aircraft to the ground to detect and measure very subtle deformations in Earth's surface, such as those caused by earthquakes, volcanoes, landslides and glacier movements.As the Gulfstream-III flies at an altitude of about 12,500 meters, the radar, located in a pod under the aircraft's belly, will collect data over Kilauea, according to JPL.The UAVSAR's first data acquisitions over this volcanic region took place in January 2010, when the radar flew over the volcano daily for a week. The UAVSAR detected deflation of Kilauea's caldera over one day, part of a series of deflation-inflation events observed at Kilauea as magma is pumped into the volcano's east rift zone.This month's flights will repeat the 2010 flight paths to an accuracy of within 5 meters, or about 16.5 feet, assisted by a Platform Precision Autopilot designed by engineers at NASA's Dryden Flight Research Center on Edwards Air Force Base, California, JPL said.By comparing these camera-like images, interferograms are formed that reveal changes in Earth's surface, said JPL.Between March 5 and 11, 2011, a spectacular fissure eruption occurred along the east rift zone. Satellite radar imagery captured the progression of this volcanic event."The April 2011 UAVSAR flights will capture the March 2011 fissure eruption surface displacements at high resolution and from multiple viewing directions, giving us an improved resolution of the magma injected into the east rift zone that caused the eruption," said JPL research scientist Paul Lundgren."Our goal is to be able to deploy the UAVSAR on short notice to better understand and aid in responding to hazards from Kilauea and other volcanoes in the Pacific region covered by this study," Lundgren added.

SAN FRANCISCO, March 7 (Xinhua) -- The world's leading hard rive producer Western Digital Corp. on Monday announced that it has agreed to buy Hitachi Ltd.'s hard disk drive unit for about 4. 3 billion U.S. dollars, a move that will create a dominant player in the industry.Western Digital said that it plans to acquire Hitachi Global Storage Technologies, a wholly-owned subsidiary of Hitachi Ltd., in cash and stock.The proposed combination will result in a customer-focused storage company with the industry's broadest product lineup backed by a rich technology portfolio, Western Digital said.According to their agreement, the resulting company will retain the Western Digital name and remain headquartered in Irvine in the U.S. state of California.The transaction has been approved by the board of directors of each company and is expected to close during the third quarter of 2011.With the purchase, Western Digital will claim 49.6 percent share of global hard disk drive unit shipments based on latest quarterly statistics, compared to 29.4 percent for Seagate Technology LLC, the industry's No. 2 supplier, research firm iSuppli pointed out.The deal will give Western Digital a lead of 20.2 percentage points over Seagate, up from a mere 2 points without the acquisition, iSuppli said in a research note released Monday.The acquisition will also allow Western Digital to enter the critical enterprise hard disk drive segment, where it currently is only a marginal player.Analysts believed that the purchase might be a consequence of declining hard disk drive shipments, which are being impacted by the rising sales of tablet computers, which don't use hard disk drives and are cutting into the sales of mobile PCs, a major market for hard drives."Amid weaker industry conditions, organic sales growth is more difficult to achieve, prompting hard disk drive suppliers to engage in acquisitions to gain market share," iSuppli noted.

BEIJING, Feb. 5 (Xinhua) -- Lending to China's small and medium-sized enterprises (SMEs) rose faster than loans to large enterprises last year, according to the People's Bank of China (PBOC), the central bank.Outstanding loans to small enterprises by banks and financial institutions jumped 29.3 percent year on year to 7.55 trillion yuan (1.15 trillion U.S. dollars) in 2010, while loans to medium-sized enterprises stood at 10.13 trillion yuan, up 17.8 percent, said the PBOC.Outstanding loans to large enterprises rose 13.3 percent to 13.42 trillion yuan, highlighting the government's efforts to optimize the loan structure, the PBOC said.About 99 percent of Chinese enterprises are SMEs which contribute 60 percent of the country's gross domestic product.Financing has long been difficult for Chinese SMEs as banks prefer to lend to big companies, particularly reputable state-owned enterprises.The government has moved to help SMEs get finance by differentiating the reserve requirement ratio for the Rural Credit Cooperative, the major lender to SMEs, and encouraging innovation in SME bond issuance.In July last year, the PBOC asked financial institutions to establish independent criteria for approving loans to SMEs and to improve efficiency in processing SME loan applications.The PBOC said SME loan growth would continue to accelerate this year.

BEIJING, Jan. 31 (Xinhua) -- Senior Chinese leader Li Changchun Monday visited performers and producers of China Central Television's Spring Festival gala during their rehearsal.Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, extended new year greetings to the crew.Li Changchun (front R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with actors at the rehearsal of the Spring Festival Gala Evening at China Central Television (CCTV) in Beijing, China, Jan. 31, 2011. He hoped an excellent show will be presented on the eve of the Spring Festival, or Lunar New Year, which falls on Feb. 3.The annual Lunar New Year gala celebration started in the 1980s. Since then, it has been the most popular TV event, attracting a major portion of China's 1.3 billion population each year.