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CANBERRA, Feb. 6 (Xinhua) -- Queensland mining magnate Clive Palmer said Saturday his company has secured Australia's largest coal export deal with China.The Resourcehouse chairman said the company had reached a 20-year agreement with one of China's largest power companies, China Power International Development, the flagship company of China Power Investment Corporation (CPI)."This deal with CPI is Australia's biggest ever export contract," Palmer said in a statement."This is Australia's largest single, non-syndicated, finance deal and the interest from China highlights the strength of the project and the benefits for Queensland and Australia in developing a new world class coal region such as the Galilee Basin," he told reporters."There will be four underground mines and two open cut mines," he said.Meanwhile, Queensland Premier Anna Bligh said there was some environmental red tape to negotiate before the project was approved but she did not expect any last-minute problems."It is world demand which is making it a commercial opportunity," Bligh said.More than 100 million additional tons of coal could be exported every year from Queensland because of new projects under consideration by the state government.

BEIJING, Feb. 1 (Xinhua) -- The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 55.8 percent in January, down 0.8 percentage points from the previous month, the China Federation of Logistics and Purchasing said on Monday.

SHANGHAI, Jan. 22 (Xinhua) -- Visiting Austrian President Heinz Fischer here on Friday expressed his confidence in the success of the Shanghai World Expo and expectation for further economic and trade cooperation between his country and China.The Expo would have profound influences on the social, economic and culture development of the host city Shanghai, Fischer said in a meeting with Shanghai Mayor Han Zheng.Austria hosted the 1873 World Expo.Fischer said Austria would actively participate in the Expo and Austrian Federal Chancellor Werner Faymann was expected to attend the opening ceremony.Despite the financial crisis, China was the only market of Austria that saw an increase in export volume in 2009, said Fischer.He called for further cooperation in such areas as economy, culture, science and sports.Austria's statistics showed that the trade volume of its export to China recorded a year-on-year increase of 5 percent in 2009, while China's customs said China-Austria trade hit 4.33 billion U.S. dollars from January to November last year.China has now become Austria's largest trading partner in Asia, and second largest outside the Europe and the fourth largest exporters to Austria in the world.Fischer arrived in Shanghai Thursday, or the 100-day countdown to the opening of the Expo. He concluded his China visit and left for Austria on Friday afternoon.

BEIJING, Feb. 21 (Xinhua) -- The total length of China's rural roads had reached 3.3 million kilometers by the end of 2009, connecting 99.4 percent of towns and villages, a transportation official said here Sunday.Some 381,000 kilometers of roads were built in China in the past year, far exceeding the annual target of 300,000 kilometers, China's Vice Minister for Transport, Feng Zhenglin, said at a conference.By the end of 2009, residents at 35,000 towns and 553,000 villages in China's rural areas were able to take buses to travel, representing 98 percent and 87.8 percent of China's towns and villages, respectively, according to Feng.Li Shenglin, Minister of Transport, vowed at the conference to boost rural passenger transportation.Feng also vowed to improve the highway network that connects towns and villages this year and in the country's 12th Five Year Plan which starts in 2011.

BEIJING, March 3 (Xinhua) -- China faces potential challenges in maintaining food security despite years of good harvest, a legislator said here Wednesday.In some areas, farmland is often used illegally for non-agricultural purposes or abandoned by farmers who move to work in cities, posing the most serious threat to grain production, said Liu Hui, who is also deputy director of the administration of grain in the eastern Anhui Province.Other challenges include natural disasters, low scienctific and technical level in grain production, backward infrastructure, and low grain prices that dampen the enthusiasm of both farmers and local governments.The deputy to the National People's Congress (NPC), or the top legislature, made the remarks two days before the NPC annual session starts.Liu suggested that the government should clear the obstacles in the grain production and circulation and increase financial input in major grain producing areas to prevent possible decline in output.China's grain output reached 530.8 million tonnes in 2009, exceeding 500 million tonnes for the third consecutive year, data from the National Bureau of Statistics revealed.

来源：资阳报