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ISLAMABAD, March 30 (Xinhua) -- A Chinese embassy official Tuesday called on an official of the Pakistan Red Crescent Society (PRCS) to donate 30,000 U.S. dollars on behalf of the China Red Cross Society (CRCS) to assist the residents affected by the landslide in northern Pakistan early this year.Muhammad Ilyas Khan, PRCS secretary general, asked Yao Jing, counselor of the Chinese embassy to Pakistan, to convey his appreciation to the CRCS for its generous donation to Hunza, Gilgit-Baltistan due to the landslide in January, 2010.He said that Chinese friends always extend assistance to Pakistan in difficult times and Pakistan is proud of its friendship with China.At present, the local government and PRCS are working hard to provide relief to the villages. The government is also trying to control the damage and tackle with the challenge caused by the lake in the area.On January 4, a serious landslide occurred in Gilgit-Baltistan and formed a huge barrier lake. The slide blocked over 20,000 local residents in Upper Hunza from outside. The Pakistani government is conducting the rescue and relief work . On January 19, at the request of the Pakistani government, the Chinese side made special arrangements to open the Kunjirap border and facilitate the purchase of relief goods from China and its clearance.The China Road and Bridge Corporation, which is conducting the project of upgradation of the Karakoram Highway, has also provided engineering consultations and equipment to help the Pakistani side to deal with the problem.
BEIJING, April 13 (Xinhua) -- The State Council, China's Cabinet, released here Tuesday new regulations on overseas investment, promising good business conditions but restricting funds to environmentally unsound projects.According to the new regulations, China still welcomes foreign investment in high-tech industries, services sectors, energy-saving and environmental protection, but polluting and energy-gorging or projects in industries running at overcapacity are not wanted.According to the regulations, the State Council said China will continue to support Chinese A-share listed companies in further introducing strategic investors from home and abroad, and standardize foreign companies' investment in domestic securities and corporate merger and acquisition moves.A national security examination mechanism will be built as soon as possible for foreign-funded companies' merger and acquisition operation in China, according to the regulations.Qualified foreign-funded companies are allowed to go public, issue corporate bonds or medium-term bills in China.Multinationals are encouraged by the regulations to set up regional headquarters, research and development centers, procurement hubs, financial management and other functional offices in China.Importing items for scientific and technological development by qualified foreign-funded R&D centers will be exempt from tariffs, importing value added tax and goods and services tax by the end of 2010, according to the regulations.Foreign-funded enterprises are also encouraged to increase their investment in China's central and western regions, particularly in environment friendly and labor-intensive companies.
XIANGNING, Shanxi, March 31 (Xinhua) -- The water level dropped Tuesday in a flooded coal mine in north China's Shanxi Province, where 153 people were trapped, as rescue efforts entered the third day.But there was still no communication with the trapped although almost 1,000 rescuers have been racing the clock to pump out water and trying to reach them.By 6 p.m. Tuesday, the water level in the shaft had dropped by 15 cm, and a total of 15,000 cubic meters of water had been pumped out of the pit, the rescue headquarters said late Tuesday.Rescuers send drainage pipes down to the shaft at the site of the flooding accident of Wangjialing Coal Mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, north China's Shanxi Province, on March 30, 2010.Currently, six pumps are being used to pump up to 645 cubic meters of water per hour.Altogether 261 workers were in the pit of Wangjialing Coal Mine, which was under construction, when underground water gushed in at about 1:40 p.m. Sunday. Although 108 were lifted safely to the ground, 153 others were trapped in the shaft.The mine, which straddles Xiangning County, of Linfen City, and Hejin City, of Yuncheng City, covers about 180 square kilometers.The mining zone was estimated to have more than 2.3 billion tonnes of coal reserves, including 1.04 billion tonnes of proven reserves, according to the company's official website.The mine, affiliated with the state-owned Huajin Coking Coal Co. Ltd., is a major project approved by the provincial government. It is expected to produce 6 million tonnes of coal annually once in operation.
BEIJING, May 15 (Xinhua) -- Qiushi, or "Seeking Truth," the official magazine of the Communist Party of China (CPC) Central Committee will publish an article by Vice President Xi Jinping on improving official writing or speech styles.The article will appear in the latest issue of Qiushi on Sunday.At an opening of the CPC Central Committee Party School's spring semester held on Wednesday in Beijing, Xi told more than 900 officials and new student cadres that they must eradicate "empty words" and political jargon from their speeches and documents.He also urged Party leaders to learn "colloquial wisdom" from the public and make their speeches and articles more easily understood by common people.