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BEIJING, Aug. 23 (Xinhua) -- China's insurance capital investments hit 2.45 trillion yuan (358 billion U.S. dollars) in the first seven months of this year, according to the country's insurance regulator. In July alone, the investments from insurance funds stood at 120.4 billion yuan, China Insurance Regulatory Commission (CIRC) said in a report on its website. Of the total insurance investment value, about 332 billion yuan, or 9.8 percent, went to the stock markets by the end of the second quarter of this year. During the same period, mutual funds investments suck 228.45 billion yuan, or 6.8 percent from the insurance capital. A booming equities market and an optimistic attitude towards the country's stock markets had led to an increasing investments, said the CIRC. Comparatively, in the first seven months, bank deposit of China's insurance capital decreased to 1.03 trillion yuan, 15.23 billion yuan less than in the first six months. The CIRC's statistics also reflected a slowdown increasing rate in premium income in the first seven months. Premium income was 678.64 billion yuan, representing a small increase of 80 billion yuan than the June figure.
PHUKET, Thailand, July 22 (Xinhua) -- China and the United States need to maintain high-level contact and deepen cooperation in various areas of common concern, Chinese Foreign Minister Yang Jiechi said here Wednesday in his meeting with U.S. Secretary of State Hillary Rodham Clinton. Yang said the two countries should also keep close communication and collaboration on global issues and properly handle disputes and sensitive issues in order to push forward bilateral ties. Chinese Foreign Minister Yang Jiechi (2nd L) meets with U.S. Secretary of State Hillary Clinton (1st R) in Phuket, Thailand, on July 22, 2009.Both Yang and Clinton are in the southern Thai resort Phuket to attend ASEAN Regional Forum scheduled on Thursday. The ASEAN, or Association of Southeast Asia Nations, groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Clinton said that the U.S. hoped to closely cooperate with China in dealing with challenges and threats such as the global financial crisis and international terrorism to maintain world peace and security. During the meeting, the two sides also mentioned the upcoming first U.S.-China strategic and economic dialogue. The dialogue will be held in Washington, D.C. from July 27 to 28. Clinton and U.S. Treasure Secretary Timothy Geithner will be joined for the dialogue by their respective Chinese Co-Chairs, State Councilor Dai Bingguo and Vice Premier Wang Qishan. The dialogue will focus on addressing the challenges and opportunities that both countries face on a wide range of bilateral, regional and global areas of immediate and long-term strategic and economic interests. On Wednesday, Yang also met with his counterparts from Russia, South Korea and Pakistan.

JINAN, East China, Oct. 16 (Xinhua) -- Chinese President Hu Jintao met International Olympic Committee President Jacques Rogge who was invited to attend the 11th Chinese National Games on Friday. Hu Jintao extended welcome to Rogge and offered his congratulation on Rogge's re-election as IOC President. Chinese President Hu Jintao (R) meets with International Olympic Committee (IOC) President Jacques Rogge, who is here for the 11th Chinese National Games, in Jinan, east China's Shandong Province, on Oct. 16, 2009Hu said that the support from IOC and the efforts from all members of international Olympic family made the Beijing Olympic Games and the Paralympic Games complete success, which promoted the Olympic spirit and further development of international Olympic movement. Hu added that the success of the Olympic Games and the Paralympic Games deepened the exchange and cooperation between China and the international Olympic family. He expressed gratitude to Rogge for making important contributions to the success of the Games and said that China would like to share its experience with London and Rio de Janeiro so as to make new contribution to the international Olympic movement. Rogge, who is on his third visit to attend Chinese National Games, said the National Games manifested the great energy of Chinese sports. He added that Beijing Olympic Games last summer has left unique legacy in sports, environment and development to the world and the IOC chief also expressed his thanks to China for the support to London and Rio de Janeiro, host cities of 2012 and 2016 Olympic Games.
BEIJING, July 25 (Xinhua) -- China issued alert on 8 p.m. Saturday for flood in the country's Hunan and Jiangxi provinces which left dozens people dead or missing and displaced hundreds of thousands, and sent relief groups to the two provinces. As of 4 p.m. of Saturday, five people were killed, 10 were missing and about 64,000 were relocated by the widespread heavy rain in Hunan since July 23, said the Office of State Flood Control and Drought Relief Headquarters. A view of a flooded village in Hongjiang county, Huaihua prefecture, central China's Hunan Province July 25, 2009. Five people died and 10 others were reported missing after heavy rain swept the province from Thursday to Saturday, authorities said. The rain damaged more than 5,600 mu (373.3 hectares) of farm land and flooded 35,000 mu in Jiangxi. By 11 a.m. Saturday, average rainfall in 10 counties of Jiangxi was more than 100 millimeters, while the maximum precipitation topped 215 millimeters in Luxi County. A view of a flooded village in Hongjiang county, Huaihua prefecture, central China's Hunan Province July 25, 2009. In Hunan, regions of more than 500 square kilometers braced for a precipitation of more than 300 millimeters, 2,000 square kilometers for a precipitation of 200 millimeters. The National Meteorological Center warned on Friday of rainstorms over the weekend in China's southern regions, including Sichuan, Yunan, Guizhou provinces, Guangxi Zhuang Autonomous Region, and parts of Hunan and Jiangxi provinces. A view of a flooded village in Hongjiang county, Huaihua prefecture, central China's Hunan Province July 25, 2009.
来源:资阳报