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YUSHU, Qinghai, April 25 (Xinhua) -- The death toll from a 7.1-magnitude earthquake in northwest China's Qinghai Province on April 24 has climbed to 2,203, the rescue headquarters said late Saturday.As of 5 p.m. Saturday, 73 people were still missing, the headquarters said.Civil affairs authorities in Qinghai also said Saturday they would raise the monthly allowance for orphaned children, widowed elderly and disabled people in the wake of the quake.Ma Danzhu, head of the disaster relief division under the provincial department of civil affairs, said the monthly allowance would be raised to 1,000 yuan (146 U.S. dollars) per person, from 600 yuan as normal standard, for three months.Families of the dead, including locals and migrant workers, also will receive 8,000 yuan in subsidies for each death, according to a policy announced earlier.
NANNING, May 11 (Xinhua) -- Chinese Vice President Xi Jinping has called for full preparations for possible flooding in Guangxi while urging the region to step up drought relief work.After suffering a severe drought that left more than 20 million people short of water since August last year, south China's Guangxi Zhuang Autonomous Region is embracing its flood season.A rain-triggered landslide has already killed three people, including a 5-year-old child, in the region, authorities announced Monday. Chinese Vice President Xi Jinping (C Front) talks to local residents in Baise, south China's Guangxi Zhuang Autonomous Region, May 10, 2010. Xi went to Baise and Nanning from May 9 to 11 for an investigation."We should step up the drought relief work, and at the same time make full preparations to prevent possible flooding in a bid to ensure the safety of local people," said Xi, also a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee.Xi made the remarks during his three-day visit to Guangxi from May 9 to 11.Visiting aluminum and pharmaceutical companies, Xi stressed independent technology innovation for local companies to make them more competitive.He also urged local authorities to take advantage of the region's geographical location of being a coastal area and adjacent to the ASEAN countries to expand markets.

BEIJING, May 4 (Xinhua) -- Chinese equities dropped to a seven-month low Tuesday, after the central bank said Sunday it would raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year.The benchmark Shanghai Composite Index lost 1.23 percent to close at 2,835.28 points.The Shenzhen Component Index fell 1.81 percent to 10,960.77 points.Total turnover shrank to 141.55 billion yuan (20.7 billion U.S. dollars) from 191.91 billion yuan on the previous trading day.Losers outnumbered gainers by 533 to 347 in Shanghai and 488 to 429 in Shenzhen.
BEIJING, April 22 (Xinhua) -- Foreign leaders and heads of international and regional organizations continued to send condolences to China on Wednesday and Thursday over the strong earthquake that hit Yushu County in northwest China's Qinghai Province on April 14.King of Thailand Bhumibol Adulyadej, Princess Sirindhorn, Prime Minister Abhisit Vejjajiva conveyed deep condolences to the victims, their families and the Chinese people, and wished that the injured recover soon.King of Saudi Arabia Abdullah Bin Abdul-Aziz, Crown Prince and Vice Prime Minister Sultan Bin Abdul-Aaziz sent their sincere condolences to the Chinese people.Israeli President Shimon Peres expressed sincere condolences and sympathy to the Chinese people, especially to the families of the victims. He said he believed China would overcome the disaster soon.Turkish President Abdullah Gul expressed deep sorrow over the huge casualties in the quake. He also offered condolences to the families of the victims and wished the injured a quick recovery. Gul said that the Turkish people would like to share the sorrow of the Chinese people.Maldivian President Mohamed Nasheed expressed great sorrow over the huge casualties in the earthquake, and conveyed deep sympathy to the people affected by the quake. He also sent his sincerest condolences to the families of the victims.Singapore's Senior Minister Goh Chok Tong sent condolences to the Chinese people.Marzuki Alie, speaker of the House of Representatives of Indonesia, expressed condolences to the victims and the Chinese people.Ethiopian President Girma Wolde Giorgis expressed great sorrow over the huge casualties in the earthquake and sent deep sympathy and condolences to the Chinese people and the families of the victims. He said he firmly believes that the Chinese people would overcome the disaster under the leadership of their government.Tanzania President Jakaya Mrisho Kikwete sent condolences to the victims and sympathy to the families affected by the quake.Tunisian President Zine Al-Abidine Ben Ali expressed sincere condolences and deep sympathy to the Chinese people.Jose Maria Pereira Neves, the prime minister of Cape Verde, and the president of the country's National Assembly, Aristides Raimundo Lima, conveyed deep condolences to the victims, their families and the Chinese people.Pakalitha Mosisili, prime minister of Lesotho, sent his deepest condolences to the victims of the earthquake and wished the injured a quick recovery.Guinea Parliament Speaker Bissau Raimundo Peireira expressed sincerest condolences to the families of the victims.Polish Prime Minister Donald Tusk and Vice Prime Minister Waldemar Pawlak conveyed their deepest sympathy and sincerest condolences to the families of the victims. They said that the Polish and Chinese people were sticking together at the moment.Juan Somavia, director general of the International Labor Organization,sent condolences to the victims and sympathy to the people affected by the earthquake.Edouard Dayan, the director general of Universal Postal Union's International Bureau, expressed sympathy to the Chinese people.Thai Foreign Minister Kasit Piromya, Secretary of Foreign Affairs of the Philippines Alberto Romulo, and Malta's Minister of Foreign Affairs Tonio Borg sent messages of condolence to their Chinese counterpart Yang Jiechi.
BEIJING, May 30 (Xinhua) -- Growth in China's consumer price index (CPI) is likely to see a reverse "V" shape this year and the possibility of a serious inflation is easing, said Ha Jiming, chief economist at the China International Capital Corp. (CICC).Speaking at an investor education activity in Beijing Saturday, Ha expected China's CPI to increase 3.2 percent in May from a year earlier, and said the CPI annual growth rate would even peak at 4 percent in June and July.The country's CPI rose 2.4 percent year on year in March and the growth for April accelerated to 2.8 percent, according to statistics from the National Bureau of Statistics.The pick-up in CPI growth was a result of lower comparison base last year and the risk for a serious inflation in short term was defusing because both the global commodity prices and domestic meat and vegetable prices were falling, he said.In China, food prices accounted for one third of the CPI weight.The CICC has cut its estimate for China's economic growth this year to 9.5 percent from 10.5 percent, he said.Interest rate hikes would be unlikely this year as growth in consumer prices was expected to fall in the second half, he said.
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