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BEIJING, Sept. 17 (Xinhua) -- Typhoon Fanapi is likely to land on the east coast of Taiwan on Sunday, said China's National Marine Environmental Forecasting Center (NMEFC) in Beijing Friday.The center of the year' s 11th typhoon was about 700 km southeast from Hualien, in Taiwan, said a statement from the center.It was moving northwest towards Hualien and increasing in strength, the statement noted.The administration has issued a warning regarding huge waves which might strike off the Hualien coast, it said.On Sunday, the southern East China Sea might also produce waves of 4 to 6 meters high and waves in the Taiwan Strait might rise to 3 to 4 meters.Guangdong, Fujian and Zhejiang provinces along the mainland's southeast coast would also be affected by the typhoon, the statement said.The statement warned all fishing boats in the region to take necessary precautions.The fishing season began in the East China Sea in mid-September and a large number of vessels are in the area.Additionally, Typhoon Fanapi could continue moving west after landing on Taiwan and strike Fujian and Guangdong, the statement said.Also on Friday, the Ministry of Civil Affairs launched an early-warning for disaster relief responses aimed at the typhoon's possible damages to the southeastern coastal areas.The ministry and the National Committee for Disaster Reduction instructed local governments to carefully keep track of the typhoon's movement and the changes in weather, and strengthen prevention measures for geological disasters and flooding in urban areas.Local governments were also urged to evacuate residents in high-risk areas while providing for their basic living necessities.

BEIJING, Aug. 29 (Xinhua) -- Shanghai Pudong Development (SPD) Bank said its first-half-year net profit rose 33.92 percent from one year earlier due largely to lending boom and increased commission fees.Net profits climbed to 9.08 billion yuan (1.34 billion U.S. dollars) in the first six months of this year, the Shanghai-based lender said in a statement filed with the Shanghai Stock Exchange late Sunday.Its growth in profits stemmed from rising operating revenues, a result of growing net interest earnings, increased fee incomes and the improved quality of assets, according to the statement.Earnings per share stood at 0.791 yuan, up 20.21 percent from one year earlier. Also, operating revenues grew 36.42 percent to 22.75 billion yuan in the first half of 2010, it said.Total assets for the commercial bank hit 1.781 trillion yuan by the end of June, up 9.77 percent from the end of 2009.

BEIJING, Oct. 12 (Xinhua) -- China as well as Latin American and Caribbean countries celebrated here on Tuesday the 50th anniversary of the inauguration of diplomatic relations at a reception.Addressing the reception, Chinese Foreign Minister Yang Jiechi said the past fifty years have witnessed significant progress in the ties between China as well as Latin American and Caribbean countries, citing deepening political mutual trust, win-win cooperation on all fronts and strengthened friendship between their people.The People's Republic of China forged diplomatic ties with Cuba in Sept. 1960 at the ambassadorial level, heralding its relations with Latin American and Caribbean countries.Yang said that the Chinese government values its ties with Latin American and Caribbean countries, cherishes the friendship of their people and is always devoted to boosting their friendly cooperation of mutual benefits.China as well as Latin American and Caribbean countries, both as the developing countries, have common interests in achieving sustainable development, promoting world multi-polarization and jointly dealing with global challenges, Yang said.Yang called on the two sides to work together to advance the comprehensive and cooperative partnership featuring equality, mutual benefit and common development.Dean of the Diplomatic Corps of Latin American and Caribbean Countries in China, Guillermo Velez hailed the friendly cooperation between the nations in their region and China over the last fifty years.Guillermo Velez, also Colombian ambassador to China, said that Latin American and Caribbean countries attach importance to relations with China and firmly believe in the development of bilateral ties featuring friendly political relations and robust pragmatic cooperation.Almost 200 guests, including Chinese government officials, diplomats from the Latin American and Caribbean countries in China and personalities of various circles of the two sides, attended the reception.

BEIJING, Oct. 15 (Xinhua) -- Northeast China's Jilin province, one of the country's major grain production centers, is poised to see a bumper harvest this year despite low temperatures and devastating floods and as concerns about food security increase on the eve of World Food Day on Oct. 16.Grain production is expected to hit a record 29.5 million tonnes in Jilin this year, surpassing the previous high of 28.4 million tonnes in 2008, said Wang Shouchen, vice governor of the province.Meanwhile, Heilongjiang province, the country's largest grain production center in northeast China, may also produce a record output this year, surpassing last year's 43.53 million tonnes.China's annual grain production has grown for six consecutive years, with total output hitting 530.8 million tonnes, up 100.1 million tonnes from 2003, but experts say more frequent natural disasters, decreasing arable land, rapid urbanization and industrialization are posing great challenges to the country's food security.Zheng Fengtian, a professor of agriculture and rural development works with the Beijing-based Renmin University of China, told Xinhua one of greatest future challenges for China's food security will be the Chinese farmer's unwillingness to produce grains because of low yields. Instead, most farmers will prefer being migrant workers in big cities. < Their interest in growing grains might becomes further dampened as prices of agricultural equipment and other materials continue rising. In contrast, migrant workers are receiving increasingly higher pay in the cities, Zheng said.Government figures show about 47 percent of Chinese people, or 622 million people, now live in cities and towns; almost 200 million are immigrants, or people from other parts of the country.At a forum on the urban-rural divide last month, Zuo Xuejin, Executive Vice President of the Shanghai Academy of Social Sciences, said that another 400 million people from rural China are likely to migrate to cities in the next 20 years, which means there will be fewer farmers in the fields.With China's rapid industrialization and urbanization, a decline in available farming land is inevitable, and poses a large threat for China's food security, Zheng Fengtian said.A survey by the Ministry of Land and Resources shows that farm lands have shrunk by 123 million mu (8.2 million hectares) between 1997 and 2009.The Chinese government announced in 2003 that it would put in place a strict system to protect arable land, and guaranteed that a minimum 1.8-billion mu of arable land would be available. But official figures reveal arable land totaled only 1.635 billion mu last year, down by 191 million mu from 2008.Zheng Fengtian said to ensure food security, the government should show more determination in protecting farm land. But more importantly, it should also increase profit yields for grain growers, and by facilitating technological advances, also help to raise the grain yield per unit of arable land.World Food Day, initiated in 1981 by the Food and Agriculture Organization of the United Nations (FAO), is celebrated every year on Oct. 16. The theme this year is United against Hunger.In part due to soaring food prices and the financial crisis in 2009, one billion people around the world are suffering from hunger, which FAO Director-General Jacques Diouf said was a "tragic achievement in these modern days," according to a statement on the FAO website.While some people are starving, the quantity of food that gets wasted stands in stark contrast. Zheng Tianfeng estimated that about 85 million tonnes of grain were wasted in China during consumption and storage. Also, at least 10 percent of food is wasted daily at family dinner tables.A survey by food authorities in 2006 also showed 8-10 percent of the grain was lost in storage, which means that Chinese farmers can lose up to 20 million tonnes of grain each year.In order to help farmers better store their produce, some "grain banks" had been set up in the past. Farmers could deposit their produce in the "banks" and withdraw them when needed.Wu Mancang, a 34-year-old farmer from Taicang city in eastern Jiangsu province, said he used to store grain at his home, but the grain would become spoiled. With the grain "banks", that problem has been resolved. A total of 8 such "banks" with 23 service centers are currently operational in Taicang, covering 60 percent of the farmers in the region."Global warming, and more frequent natural disasters, will also be a challenge for food security," Zheng said, as summer grain output fell 0.3 percent after a prolonged drought in southwestern China in the first half of the year.China's National Development and Reform Commission, the nation' s top economic regulator, said Tuesday it would increase the state minimum purchase price of wheat in major wheat-growing areas in 2011.The minimum purchase price for white wheat will increase by 5 yuan (0.73 U.S. dollars) from the 2010 level to 95 yuan per 50 kilograms, while the price for red wheat will increase by 7 yuan to 93 yuan. The move aims to protect farmer incomes and promote grain production.

BEIJING, Oct. 29 (Xinhua) -- China Friday voiced concern over and strong dissatisfaction with U.S. Secretary of State Hillary Clinton's recent remarks concerning China's Diaoyu Islands."The Chinese government and people will never accept any word or deed that includes the Diaoyu Islands within the scope of the U.S.-Japan Treaty of Mutual Cooperation and Security," said Foreign Ministry spokesman Ma Zhaoxu.After her meeting with Japanese Foreign Minister Seiji Maehara in Hawaii Thursday, Clinton said the Diaoyu Islands fall within the scope of the U.S.-Japan security treaty."The Diaoyu Islands have been an integral part of Chinese territory since ancient times. China has indisputable sovereignty over the islands," Ma said.As a bilateral agreement reached during the Cold War, the U.S.-Japan security treaty should not harm the interests of third parities, including China, the spokesman said.He urged the United States and Japan to do more to boost regional peace and stability.