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BEIJING, Oct. 16 (Xinhua) - China's gross domestic product (GDP) will grow about 9 percent next year, but the economy will be challenged by rising labor costs, liquidity problems and difficulty in sustaining rapid growth in the long run, a senior researcher at the country's top think-tank said Saturday.Liu Shijin, deputy director of the Development Research Center of the State Council, or China's Cabinet, spoke at the OTO Fortune Forum held by the Bank of Communications.As for the year 2010, Liu predicted an annual 10-percent GDP growth due to the economic slowdown in China during the second half of the year.He said China's exports and investments would be much better in 2011 than this year, but the growth rate of consumption would pull back slightly from this year's boom, making 9 percent growth "very likely".To keep its economy on track for sustained growth, however, China still faces three major challenges in the long term, according to Liu's research."The first challenge comes from the rapid rise of labor costs in the country," Liu said, warning: "The competitiveness of Chinese companies will be threatened by rising labor costs unless they find a new source of growth, such as innovation."The second challenge is from liquidity as China's currency, the renminbi, and other non-U.S. dollar currencies are under forced appreciation pressure following the Federal Reserve's considering a new round of quantitative easing of the monetary policy, he said.The greenback, which serves as the world's reserve currency, tumbled against most major currencies this week on expected easing move by the Federal Reserve to pump more money into the U.S. economy next month.Meanwhile, China's economic stimulus package also injected excessive liquidity into the market, pushing up prices of commodities, equities and other land-related assets or resources, he added.The third major challenge concerns whether China can maintain its quick economic expansion in the future, he said.According to Liu's forecast, in the next three to five years China's GDP growth will slow to a moderate speed of around 7 percent from its current 10 percent."Actually, we don't have to be too worried about an economy with moderate expansion," he said, "because the current economic growth is too high for China."

GUANGZHOU, Sept. 22 (Xinhua) -- Floods and landslides due to heavy downpours brought by typhoon Fanapi have claimed 33 lives in south China's Guangdong Province, while another 42 remain missing, local authorities said Wednesday.Meanwhile, more than 1 million people were affected and 78,400 people in low-lying areas were forced to be evacuated, the provincial flood control headquarters said in a statement.In addition, rainstorms and and geological disasters have destroyed more than 1,400 homes and inundated more than 30,000 hectares of cropland, the statement said.Direct economic losses were estimated at about 2 billion yuan (300 million yuan), it said.Some areas in Guangdong reported precipitation of over 640 mm in 24 hours, it said.Typhoon Fanapi, the 11th and strongest typhoon to hit China this year, landed in Fujian Province at 7 a.m. Monday, but wreaked most havoc in Guangdong, which neighbors Fujian on the south.No casualties have been reported in Fujian.

YUZHOU, Henan, Oct. 18 (Xinhua) -- The death toll from a coal mine gas leak in central China's Henan Province has risen to 32 after six more bodies were found, rescuers said Monday.Some 300 rescuers are still racing against the time to search the five miners remaining trapped despite slim chances of survival as they were feared buried in coal dust.More than 2,500 tonnes of coal dust smothered the pit after the gas leak, which hampered the rescue, said Du Bo, deputy chief of the rescue headquarters.The rescue efforts, however, are speeding up after the underground transport, power and ventilation systems have been restored, said Du.The gas outburst happened at 6:03 a.m. Saturday when 276 miners were working underground in the mine in Yuzhou City. A total of 239 workers escaped but 21 were found dead and 16 were trapped.An initial investigation showed that 173,500 cubic meters of gas leaked out in the accident.The mine is owned by Pingyu Coal & Electric Co. Ltd., a company jointly established by four investors, including Zhong Ping Energy Chemical Group and China Power Investment Corp..

BEIJING, Sept. 20 (Xinhua) -- Millions of Chinese people vented their anger online Monday after Japan extended its detention of a Chinese fishing trawler captain, calling for a boycott of Japanese goods and asking the Chinese government to take stronger measures."They entered our territorial waters, destroyed our property (the fishing boat), and seized our citizens. What do you call that?" said "fenghuang802" in a message posted at bbs.ifeng.com."What the Japanese seized was not Zhan Qixiong, the trawler's captain, but the dignity of the Chinese nation," said "Li Weihua" at t.sina.com.cn."We must firmly boycott Japanese goods. They are making so much money from us Chinese while hurting us so deeply. If you're a good Chinese person, you won't buy Japanese goods," said "zzwghwgh" at tianya.cn."I hope the Chinese government adopts an even tougher attitude in tackling this issue. Don't let the public lose confidence," said "huoxing" at bbs.163.com.On Sept. 7, two Japan Coast Guard patrol ships and a Chinese trawler collided in waters off China's Diaoyu Islands in the East China Sea, over which Japan also claims sovereignty. The Japan Coast Guard illegally seized the Chinese trawler and detained the fishermen and the captain on Sept. 8.The 14 Chinese crew were released last week, but the captain's continued detention sparked protests across the country Saturday, which also happened to mark the 79th anniversary of Japan's WWII invasion of China.China has summoned the Japanese ambassador five times and postponed scheduled talks on joint energy exploration in the East China Sea.A Japanese court announced Sunday the trawler captain's detention - which had been due to expire Sunday - would be extended by another 10 days, fueling the Chinese public's indignation.China's Foreign Ministry announced late Sunday Japan's refusal to release the trawler captain had "severely hurt" relations between the two countries. A ministry statement said China had canceled ministerial and provincial-level contacts with Japan, suspended talks on aviation issues, and postponed a meeting on coal."We demand the Japanese side immediately release the Chinese captain unconditionally," Foreign Ministry spokesman Ma Zhaoxu said in a statement."China will take strong counter measures if the Japanese side continues to act willfully and double its mistakes. Japan shall suffer all the consequences," Ma said.In addition, Chinese Vice Foreign Minister Wang Guangya made solemn representations to the Japanese ambassador to China, Uichiro Niwa, Sunday evening, expressing China's strong indignation.Chinese historians say the Diaoyu Islands have been part of Chinese territory since the early years of the Ming Dynasty (1368-1644).

BEIJING, Sept. 25 (Xinhua) -- The Chinese trawler captain Zhan Qixiong arrived safely in Fuzhou, capital of southeast China's Fujian Province early Saturday morning by a chartered plane after he was illegally detained by Japan.Crowds gathered at the captain's home in Gangfu Village, Jinjiang City of Fujian Province while the his wife and son left for Fuzhou, the provincial capital for family reunion."I was so happy when I was told that my brother would soon return," said Zhan Yuehong, a sister of the captain. "After all these sleepless nights, I can finally have a good rest now."The sister said she is preparing a bowl of noodles with eggs for her brother, a local tradition to keep off bad spirits when a family member returns from an ordeal.Chinese Foreign Ministry said in a statement after the captain's return that the Chinese government expressed "strong protest" against Japan, whose detention, investigation or any form of judiciary measures for the Chinese trawler and fishermen are unlawful and invalid.China asked the Japanese side to make apology and compensation for the incident, the statement said. It also said the two sides should resolve the problems of Sino-Japanese relationship through dialogue and consultation.On Sept. 7, two Japan Coast Guard patrol ships and a Chinese trawler collided in waters off China's Diaoyu Islands. On the following day, the Japan Coast Guard illegally seized the Chinese trawler and detained the trawler's captain and 14 fishermen on board, drawing strong protests from the Chinese government and people.The Japanese side freed the 14 fishermen and the boat on Sept. 15, but continued to hold the captain. A Japanese court announced on Sept. 19 the trawler captain's detention would be extended by another 10 days.China has repeatedly urged Japan to unconditionally release the Chinese captain to avoid further damaging bilateral ties, warning "strong counter measures" if Japan failed to do so.China has already halted bilateral exchanges at and above the provincial and ministerial levels. It has also suspended contact with Japan on the issue of expanding aviation rights between the two countries."The Japanese side bears full responsibility for the current situation,and it shall bear all the consequences that arise," Chinese Premier Wen Jiabao said when meeting with Chinese nationals and Chinese Americans in the United States.In the mean time, the number of Chinese citizens traveling to Japan as tourists has already declined. Many Chinese citizens and businesses have recently canceled their planned trips to Japan.Observers of Sino-Japanese relations said the prolonged detention of a Chinese trawler captain "severely harms" Chinese people's trust in Japan and undermines the "sound interactions" the two countries have achieved in recent years.Since the collision happened on Sept. 7, "Diaoyu Islands" and "Zhan Qixiong" have become the most searched terms in China's Internet community.Also, Internet bulletin boards on several major Chinese news portals have been overwhelmed with messages call for Japan to immediately and unconditionally release Zhan.The messages said that the Diaoyu Islands have always been an integral part of China and it's within the rights of Chinese fishermen to fish in the waters around the islands.The Diaoyu Islands have been Chinese territory since the early years of the Ming Dynasty (1368-1644). Maps printed in Japan in 1783 and 1785 that marked out the boundary of the Ryukyu Kingdom show that the Diaoyu Islands belong to China.

来源：资阳报