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BEIJING, July 26 (Xinhua) -- Drenched riverside towns in central and southern parts of China on Monday prepared for even more flooding as water levels in the country's huge rivers surged and rainstorms continued.In its latest update, the State Flood Control and Drought Relief Headquarters said floods this year had left 823 people dead and another 437 missing as of Monday morning.The direct economic loss had mounted to 154.1 billion yuan, more than double that of previous flood losses incurred in any single year since 2000.Premier Wen Jiabao has urged local authorities to fully prepare for more floods and related disasters.More than 370,000 soldiers and residents now have been mobilized to beef up the flood prevention efforts in eight provinces and municipalities along the country's major rivers, the flood control headquarters said.

BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.

BEIJING, June 18 (Xinhua) -- Many Chinese parents do not like their children using the Internet and a majority of them worry that surfing Internet could negatively affect children's school work, according to a blue paper on Internet use by minors in China released Friday.The blue paper says 42.6 percent of the parents surveyed "strongly oppose their children's use of Internet" or "relatively oppose", while as high as 78.4 percent say they worry that surfing Internet could adversely affect children's study. Another 44.9 percent worry about their children's exposure to pornography online.The blue paper was jointly published by the career development center for Chinese Young Pioneers, the Center for Humanities and Social Sciences Studies by Young Scholars at the Chinese Academy of Social Sciences and the Social Science Academic Press.This was the first blue paper on Chinese youngsters, and the figures in the report were based on a survey conducted from 2006 to 2009, Li Wenge, director of the career development center for the Chinese Young Pioneers, said at a press conference for the release of the blue paper here Friday.Li said the respondents surveyed were elementary and middle school students as well as their parents and teachers in both urban and rural areas, developed and less-developed areas in 11 provincial-level regions in China.According to the blue paper, 46.9 percent of the online community users are under 25 years old.However, there are very few websites designed especially for minors, and children did not know

BEIJING, June 19 (Xinhua) -- Total value of China's lottery sales hit 63.16 billion yuan (9.26 billion U.S. dollars) in the first five months this year, up 22.8 percent over the same period last year, the country's Ministry of Finance said Saturday.Welfare lottery sales reached 36.73 billion yuan during the same period, a year-on-year increase of 25.9 percent; sales of sports lotterieshit 26.44 billion yuan, up 18.8 percent.In May alone, sales value reached 14.44 billion yuan, up 18.7 percent year on year, a statement on the Ministry's website said.