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BEIJING, June 6 -- Shareholders of China Vanke Co, the country's largest publicly traded property developer, have approved a decision to spend 100 million yuan to rebuild homes in quake-stricken Sichuan.     The company has been under fire from netizens since the earthquake after Wang Shi, its high-profile chairman, announced the real estate giant would donate 2 million yuan to the quake-hit areas and told his employees not to donate more than 10 yuan.    In the face of the ensuing barrage of criticism by the media and netizens, Wang apologized on his blog. At yesterday's meeting, he apologized to shareholders as well: "I want to apologize unconditionally to all shareholders, I won't try to defend myself."     Wang also admitted his comments about quake donations have damaged Vanke's brand image and he was sorry for that.     As a lesson from this episode, Wang said, Vanke would have a spokesperson in the future and try to desist from doing anything that hits its share prices, as it did this time. Workers rebuild a road between quake-hit Dujiangyan city and Wenchuan county."If Vanke's performance suffers because of my personal comments, I will resign immediately," said Wang.     Some shareholders, however, worry the apology may have come too late. "As a public figure, he should learn from this experience," said a shareholder who preferred not to be named.     Analysts said the meeting and Wang's apology will take some pressure off Vanke.     "It is not easy for a public figure like Wang Shi to apologize - either in public or in front of shareholders," said Zhang Luan, an analyst from Haitong Securities. Zhang said the decision of the shareholders to clear the funding also reflects the company's determination to contribute to the relief work in a big way.     Vanke's investments in Sichuan will be made over the next three to five years, Vanke had said in a previous statement to the Shenzhen Stock Exchange.     The May 12 earthquake in Sichuan province destroyed 5.4 million homes and damaged 21.4 million, according to the Ministry of Civil Affairs. More than 12 million people left homeless by the earthquake will have to be relocated.     "Vanke may build anti-quake homes there to broaden its property development," Bloomberg quoted Liu Xihui, a real estate analyst at Pingan Securities Co, as saying. "More developers may follow suit."     Vanke rose 4.7 percent to 20.5 yuan in Shenzhen trading on Wednesday. The stock has dropped 29 percent this year after almost tripling in 2007. Trading was suspended yesterday because of the meeting.

LHASA, Oct. 11 (Xinhua) -- An earthquake followed by some 1,000 aftershocks has affected more than 60,000 people in the Tibet Autonomous Region this week, the local government said in a news conference Saturday.     Since Monday's 6.6-magnitude quake struck Damxung County in Lhasa, more than 1,000 aftershocks have been monitored, including one that measured 5.4 on the Richter scale, said Gong Puguang, vice president of the regional government.     61,231 people in the region's capital have been affected and 989 houses collapsed, said Gong.     More than 4,800 people have been relocated out of the quake zone.     The quake-hit areas include Lhasa, Xigaze and Shannan regions, where 28 km of road and 11 bridges were damaged.     So far, ten people have been confirmed dead. 54 others sustained injuries, one third of those injuries are serious.     The central government allocated 10 million yuan (1.46 million U.S. dollars), 11,000 tents, quilts, and other quake relief materials to the affected area.     The items were being distributed as traffic and telecommunication resumed in the area.     The local government is evaluating economic losses from the disaster.     Seismologists predict more aftershocks will hit the county but the force is unlikely to exceed 5.5 on the Richter scale. A doctor from the General Hospital of Tibet's Area Command of the People's Liberation Army (PLA) takes a medical examination for a resident suffered from earthquake in Yangyi Village of Gedar Township in Damxung County, an outer county of Lhasa, southwest China's Tibet Autonomous Region, Oct. 10, 2008. Li Suzhi, director of the General Hospital of Tibet's Area Command of PLA led a medical team to the disaster area at top speed to help local residents after a 6.6-magnitude earthquake occured on Oct. 6. So far, they have taken a total of 18 severely injured to the hospital, and treated 25 slightly injured in effect besides the appendicitis excision operation.

BEIJING, April 14 (Xinhua) -- Chinese Premier Wen Jiabao held talks with Swedish Prime Minister Fredrik Reinfeldt here Monday. Both agreed to deepen cooperation.     During their talks, Wen said as the first western country to establish diplomatic ties with the People's Republic of China 58 years ago, Sweden and China have continued to increase mutual trust and understanding, as well as expand cooperation in all areas.     The recent years, in particular, have seen rapid growth in bilateral trade volume, said Wen, noting that China has become the largest trade partner for Sweden in Asia. Chinese Premier Wen Jiabao holds talks with Swedish Prime Minister Fredrik Reinfeldt at the Great Hall of the People in Beijing, on April 14, 2008Fruitful results have been made in bilateral investment and technological cooperation with vigorous exchanges among the two peoples and sound coordination in international affairs.     Wen said against the backdrop of development of economic globalization, enhancing bilateral cooperation is in the fundamental interests of the two countries and is conducive to promote China-EU strategic partnership.     China is ready to maintain high-level contacts and consultations at all levels, and develop exchanges and cooperation in human rights on the basis of equality and mutual respect.     China will also actively expand cooperation in environment protection and energy saving technology, create conditions to encourage business investment and trade exchange, as well as cement exchanges in culture and social development, said the premier.     In response, Reinfeldt said Sweden attached importance to keeping good dialogue and cooperation with China.     Sweden is opposed to trade protection against China and is willing to further expand bilateral cooperation in trade, investment and protection of intellectual property right.     Reinfeldt also expressed his hope of strengthening exchanges and cooperation with China in energy saving, emission reduction and climate change in accordance with the principle of common but differentiated responsibilities.     After their talks, the two leaders attended a signing ceremony of a series of agreements concerning environment protection, sustainable development and communication.     China's top legislator Wu Bangguo also met with Reinfeldt.     Both of them pledged to enhance political dialogue, expand cooperation under the principle of mutual respect, equality and mutual benefits.     Reinfeldt arrived in Beijing on Sunday, continuing his five-day state visit to China. He has just finished his attendance in the year's annual meeting of the Boao Forum for Asia (BFA) in China's Sanya, a platform for high-level interaction between leaders from Asia and the world.

BEIJING, Oct. 10 (Xinhua) -- A new-generation short haul passenger aircraft solely developed in China has completed a successful trial flight, paving the way for commercial production next year, the manufacturer announced on Friday.     The Xinzhou-600, developed by Xi'an Aircraft Industry Company (XAC) of the China Aviation Industry Corporation I (AVIC I), flew on Thursday in Xi'an, capital of northwest China's Shaanxi Province, said the AVIC I.     The turboprop aircraft was a new version of the Xinzhou-60 that can carry 50 to 60 passengers. The Xinzhou-600 had been updated with a more comfortable cabin and better designed body structure and maintenance system, said Geng Ruguang from the AVIC. A new-generation short haul passenger aircraft solely developed in China has completed a successful trial flight, paving the way for commercial production next year, the manufacturer announced on Friday    It was also designed for inter-island flights, which would helpit in the Southeast Asia and island nation markets, Geng said.     XAC took about three years to develop the Xinzhou-600, which would be delivered to clients from the second half of 2009, he said.     The company has orders for 136 Xinzhou-60s and has exported them to Zambia, the Republic of Congo, Laos, Zimbabwe and Bolivia since 2006.     This would give China the edge to compete in the global market for turboprop aircraft, where demand is expected to reach 1,900 in20 years.     Geng said the company had started to plan the development of the next generation aircraft, the Xinzhou-700.

VENTIANE, March 30 (Xinhua) -- Chinese Premier Wen Jiabao and his Thai counterpart Samak Sundaravej met here Sunday on the sideline of the Third Summit of the countries in the Greater Mekong Subregion (GMS), and the two agreed to strengthen bilateral cooperation and jointly promote regional peace and prosperity. Wen spoke highly of the growth momentum of the bilateral relations in the recent years, noting that China is willing to join hands with Thailand to strengthen strategic coordination and push forward the comprehensive and pragmatic cooperation. Chinese Premier Wen Jiabao (2nd R) meets with Thai Prime Minister Samak Sundaravej in Vientiane, Laos, on March 30, 2008. The two agreed to strengthen bilateral cooperation and jointly promote regional peace and prosperity.    He also expressed his hope that China and Thailand would expand their two-way trade and achieve the objectives of hitting a total trade value of 50 billion U.S. dollars in the year of 2010, mutual investment worth 6.5 billion dollars and encourage 4 million tourists to travel to each destination.     Chinese government supports its enterprises to involve in the large projects in sectors such as the infrastructure construction and will encourage them to generate bigger contribution to step up the bilateral economic and trade cooperation, Wen told Samak.     The Thai Prime Minister, who is also the country's defense minister, highlighted the traditional friendship between the two nations, saying that Thailand would make joint efforts with the Chinese side to maintain the high-level exchange and cement the friendly cooperation in various fields in a bid to consolidate the bilateral friendly relations.     He also reiterated that Thailand would adhere to the one-China policy.     When on the Tibet issue, Samak said the issue is China's internal affairs, voicing his belief that China would handle well the issue and successfully host the forthcoming Olympic Games in Beijing this summer.     Invited as the guest of Lao Prime Minister Bouasone Bouphavanh, Wen arrived here on Saturday evening for a working visit to Laos and participating in the Third GMS Summit.     The GMS, established in 1992, promotes economic and social development, irrigation and cooperation within the six Mekong countries. The first GMS Summit was held in Cambodia's Phnom Penh in 2002, and the second in southwest China's Kunming in 2005.