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ISTANBUL, May 3 (Xinhua) -- The world's water consumption will increase by 40 percent over the next two decades and efforts to meet this demand must increase radically, the secretary-general of the 5th World Water Forum said here on Tuesday.Oktay Tabasaran said in his opening speech at the World Water Forum that "water consumption will increase by 40 percent in the coming 20 years, reaching 6.9 trillion cubic meters per year ( compared with the 4.5 trillion used currently), and an amount of 200 billion U.S. dollars must be spent annually in order to afford this."He said such figures indicated the urgent need for countries to engage in efficient cooperation with each other to address water- related issues.Some 50 out of the world's 188 countries have serious concerns in providing drinking and irrigation water, due to careless and inefficient use of water, according to Ismail Ugur, the general director of Turkey's State Waterworks Authority."If we fail to come up with solutions, starting from 2015 there will be droughts (in many parts of the world) and people will start suffering from diseases caused by lack of water, as of 2025, " Ugur said.Ekmeleddin Ihsanoglu, head of the Organization of the Islamic Conference (OIC), said that ensuring reliable access to water is crucial to promoting peace and security in the Middle East, where many countries are facing dramatic declines in available water."In some regions of the Muslim world, water availability is predicted to be cut in half by 2050, even without taking into consideration the effects of climate change," he said in his opening speech.The OIC chief called for increased cooperation among member states and countries outside the region, announcing the group's progress in preparing its own "Water Vision" document and forming an OIC Water Council to address water-related concerns."In its first phase, the Water Vision will outline a framework of cooperation on water-related issues in terms of water-sharing experience, capacity development, technology transfer, water governance and institutional reforms," Ihsanoglu said.He cited the Friendship Dam, to be constructed on the Orontes River at the Turkish-Syrian border, as an excellent example of cooperation and peace among neighboring countries in the field of water.Charity Ngilu, minister for water and irrigation of Kenya, stressed the importance of water in promoting peace, especially in regions where water scarcity prevails."There have been many conflicts caused by water scarcity not only among African countries, but even within regions of the same country," She said, adding Kenya would ask Turkey for cooperation and assistance in water management and other related issues.

BEIJING, Feb. 2 (Xinhua) -- From dumplings in the north and rice cakes in the south, people across China Wednesday overloaded their tables with holiday foods, cheering for the Spring Festival family reunion and praying for a better life in the coming Year of Rabbit.In a remote village in Guizhou Province, villagers were sharing millet cakes and preserved pork as sunshine dispelled cold and sleet, which have plagued China's southwest for a month."This year's Spring Festival is especially cheerful, since our dream of a new home has come true," said villager Zhang Jiuyun.Zhang's home was severely damaged in the snow and sleet disaster, but with the help of local villagers and funds from the government, Zhang built a larger house without spending much money.The Spring Festival is also an important occasion for migrant workers to enjoy family reunions after toiling for higher incomes in wealthy coastal provinces for a year."I've brought back red wine and cookies imported from Italy as gifts for my parents," said Ding Zhenghe, a Shenzhen-based factory owner who has worked his way up from a migrant worker.But Ding said, after years in the modern city, he still yearns for the the food cooked by his mother in the rural home.The Spring Festival, which falls on Thursday, also marks the start of the Year of the Rabbit. It is a time for family dinners, gift giving and fireworks.Nangkun Tashi, a villager in the earthquake-hit Yushu, northwest China's Qinghai Province, celebrated the first Lunar New Year after the disaster with traditional Tibetan food, such as mutton and butter tea.A 7.1-magnitude earthquake jolted Yushu in April 2010, killing about 2,200 people and leaving Tashi's village in ruins.Tashi's family narrowly survived the quake, and have recently moved into a new home, which was provided by the local government two months before.In Zhouqu County, Gansu Province, 990 tons of grains have been delivered to the 473 survivors, who now lived in temporary housing after a massive landslide leveled the county, leaving over 1,500 people dead in August."We are able to hold a celebration, even though we've lost everything in the landslide," said local resident Yao Shelin."We've received flour, cooking oil, and even the wok is a donation," said Yao.

BEIJING, Feb. 17 (Xinhua) -- China's new rules for reviewing proposed mergers and acquisition (M&A) deals by foreign firms on grounds of national security would benefit both Chinese and foreign investors, a Ministry of Commerce (MOC) spokesman said Thursday.The rules will facilitate the growth of foreign-invested enterprises (FIEs) in China and improve the quality and structure of foreign direct investment (FDI) flowing into China, MOC spokesman Yao Jian said at a press conference.The move also marked an improving legal environment for the security of China's business sector along with its opening-up drive, given that M&A by FIEs will increasingly become a trend in the coming years, Yao said."The adoption of the rules in China will also increase policy transparency and improve law-based government administration," said Yao.Yao's words came after the State Council, China's Cabinet, announced last Saturday that it was establishing a panel to check whether M&A deals struck by foreign firms in the country endanger national security.The panel will review attempts by FIEs to buy or merge with domestic companies whose business pertains to national defence, agriculture, energy, resources, key infrastructure, transport systems, key technology sectors and important equipment manufacturing industries, according to a statement published on the central government's website www.gov.cn.The review will be conducted by a foreign investment security review board under the cabinet, members of which come from the National Development and Reform Commission (NDRC), the MOC and other agencies.The new regulations, which take effect in March, come at a time when China is expected to see more M&A deals struck by foreign firms.Currently, inward M&A accounts for about 3 percent of China's total FDI, a sharp contrast with the global average level of more than 70 percent, said Yao. "M&A by FIEs will become a major trend in China."China's taking in FDI through more M&A will promote industrial consolidation and restructuring, and it will also mean more efficient utilization of the existing resources, he said."As the share of M&A in the FDI will probably rise from the current 3 percent to 8 percent, 10 percent or even more, it is necessary to timely formulate China's own rules governing foreign takeovers in line with international standards," Yao said.In April 2010, the State Council said in a statement that foreign investment should be allowed to be more diversified and foreign investors encouraged to participate in the consolidation and restructuring of domestic firms via equity holdings or acquisitions.He Manqing, a researcher with the Chinese Academy of International Trade and Economic Cooperation of the MOC, said "It is right and proper to impose regulations and requirements on proposed M&A deals in the sectors of strategic importance and those involving national security.""The introduction of the regulations conforms to the new trend in China's receiving of FDI and indicates that China's regulations on FDI are becoming more mature," said He.The NDRC said Wednesday that national security scrutiny would only occur when foreign companies take a majority stake in a domestic M&A deal, meaning that a minority stake purchase will not trigger a review."The new rules draw references from similar rules in the United States, Germany and Canada," the NDRC said in a statement on its website.The NDRC also said that the new regulations were in line with World Trade Organization rules and did not imply that China had changed its policies on opening up and attracting FDI.China's FDI jumped 23.4 percent in January to 10.03 billion U.S. dollars, said Yao. The monthly growth rate was up from December's 15.6 percent.As the world's top investment destination, China received a total of 105.74 billion U.S dollars in FDI in 2010, up 17.4 percent year on year, the MOC said last month.

CHANGSHA, Jan. 25 (Xinhua) -- More than 8,000 fake goods were destroyed Tuesday in central China's Hunan Province, as part of Chinese efforts to protect intellectual property rights (IPR).Supervised by Changsha customs official, trucks rolled over a huge pile of counterfeit electronic devices in the city, the provincial capital.The trucks crashed imitation Nokia, Motorola and Apple laptop computers, cell phones, earphones and compact discs.Pirated books and Gucci handbags were incinerated.Changsha customs have confiscated more than 34,000 fake items worth 1.3 million yuan (197,470 U.S. dollars) over the past two years, said Liu Zili, a customs official.Some confiscated fake goods were donated to Red Cross societies and quake-devastated regions, in accordance with China's IPR protection regulations.

BEIJING, Feb. 14 (Xinhuanet) -- The exchange rate against the US dollar is currently at an appropriate level but could fluctuate in the future, Yi Gang, vice-governor of the central bank and head of the State Administration of Foreign Exchange, said on Sunday."In the future, as markets fluctuate and labor productivity changes, the rate will certainly show some fluctuation," he said at a seminar. Last Thursday, the yuan's central parity rate rose to a record high of 6.5849 against the US dollar, after rising for three consecutive trading days, before declining to 6.5952 on Friday.The yuan has appreciated about 3.6 percent against the dollar since mid-June. A report from the US Treasury said earlier that on an inflation-adjusted basis, the appreciation was even higher, at an annual rate of more than 10 percent.US Federal Reserve Chairman Ben Bernanke said last Wednesday that China's recent measures to control inflation by raising interest rates is "surprising" and urged Beijing to let its currency rise in value.Currently the exchange rate is still underestimated by no more than 10 percent, said Lu Mai, secretary-general of the China Development Research Foundation (CDRF).The resilience of exporters to the rising yuan is stronger than previously estimated, which helps to pave the way for more currency reform to liberalize the yuan, he said.In 2007 and 2008, the Chinese currency rose by 7 percent annually against the US dollar, but China's GDP only declined by 0.28 percentage points, with inflation down by 0.42 points and workers' wages up by 0.07 points, according to CDRF research."The figures showed that progressive currency reform since July 2005 was successful, and the government should accelerate the reform and further free the yuan in the next five years to promote healthy, long-term economic development," Lu said.China should keep the proportion of its trade surplus to GDP within 5 percent, and avoid further increasing its huge foreign exchange reserves to allow the currency to settle at a balanced level, he said.China's foreign reserves rose to a record .85 trillion at the end of last year, an 18.7 percent increase year-on-year, according to statistics from the People's Bank of China, the central bank.Yi said he took note of the CDRF findings, but emphasized that further moves depended on both the domestic and international economic situation and appropriate timing.Lu Feng, an economist at Peking University, said now is the right time to deepen currency reform and let the yuan trade at a higher price as inflation is rising.Analysts have predicted that the yuan will appreciate this year as inflation may see the government opt for a rising yuan to lower the cost of purchasing international commodities.Lian Ping, chief economist at the Bank of Communications, predicted the yuan would rise by 5 to 7 percent in 2011.