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BEIJING, Aug. 6 (Xinhua) - Temperatures as high as 41 degrees Celsius continued to grill south China this week, but local Chinese are popping up with cool ways to cope with the heat.Every morning this summer, thousands of residents in the eastern Chinese city of Hanzhou rush to air-raid shelters, not to escape air attacks, but summer heat.In the capital of Zhejiang Province, many city dwellers have found their summer resorts in the city' s nine bomb shelters, which were dug beneath hummocks in the 1960s to defend against "American imperialist invaders" .In one shelter in southern Hanzhou, elders are watching swordsman TV opera or playing mahjong, while children play hide-and-seek in the labyrinth-like place.Temperatures inside the shelter were 22 degrees Celsius, compared to 38 degrees Celsius outdoors, according to a LED screen above one entrance."We old folks don' t like to be cooped up in air-conditioned rooms," said Ye Chulin, a local retiree. "Here the air is fresher and we can associate with many friends."The shelters, with benches, LCD TVs, and other newly installed comforts, were opened to the public free of charge and have apparently seen more visitors than back in the Cold War years.In fact, more than 3,000 residents frequent the shelters to find relief from the summer heat every day, said Cheng Zhiguo, an official with the municipal civil air defense administration.A resident surnamed Xu told Xinhua that spending his leisure time in the shelter could save him ten yuan (1.5 U.S. dollars) in air-conditioning costs per day."And this is not just about saving money, but it is also more environmentally friendly," added Xu.In the neighboring province of Jiangxi, residents are swarming into free, air-conditioned libraries to stay cool, and to learn!In the Jiangxi Provincial Library, chairs in all reading rooms are fully occupied. Latecomers have to read sitting on the floor or leaning against the wall.

BEIJING, July 10 (Xinhua) -- Chinese Vice Premier Li Keqiang stressed the quality of economic growth and the transformation of the economic development mode during an inspection tour in Shandong Province from July 8 to 10.He said the country should strike a balance between keeping a stable and relatively fast economic growth, adjust the economic structure and manage inflation expectations while consolidating a continuing recovery momentum.When visiting a local granary, Li asked farmers and granary workers about grain quality and purchase prices.He said China sustained a bumper summer crop for the seventh year in a row this year and has abundant supplies of grain, which is conducive to managing inflation expectations, promoting agricultural production and raising farmers' income.When visiting local manufacturers, a logistics center and a wharf, he hoped that they continue to expand their presence in the global market.The service industry involves many sectors and can generate lots of jobs, and China has a great potential in developing the service industry, Li said.He asked local companies to adapt to market changes, raise profitability and accelerate the development of the province's service industry.Li said some uncertainties still remain in the national and global economies, although the national economy is heading towards the goal of macroeconomic regulation.He added that the country should maintain continuity and stability in macroeconomic policies and make macro control more flexible and better-targeted during the rest of the year to promote stable and relatively fast economic growth in the long run.

BEIJING, Aug. 15 (Xinhua) -- The Agricultural Bank of China (ABC), one of China's "big four" state-owned commercial banks, won the title for the world's largest initial public offering (IPO) after selling another 3.34 billion shares at its IPO price of 2.68 yuan per share.The ABC said in a statement at the Shanghai Stock Exchange Sunday that it raised an additional 8.94 billion yuan (1.31 billion U.S. dollars) after fully exercising the over-allotment option of its Shanghai share offering. The bank has now raised 22.1 billion U.S. dollars.The previous record was set by the Industrial and Commercial Bank of China, which raised a record 21.9 billion U.S. dollars in its IPO in 2006.ABC shares rose 0.37 percent to 2.69 yuan on the Shanghai bourse Friday.The ABC is the last of the "big four" state-owned commercial lenders to go public. The other three banks -- the Industrial and Commercial Bank of China, China Construction Bank and Bank of China, are listed on both Shanghai and Hong Kong bourses.The over-allotment, or so-called greenshoe option, allows the sale of additional shares to the public if demand is high.

BEIJING, Aug. 11 (Xinhua) -- There have been no reports of an epidemic outbreak or public health incident in the northwestern Zhouqu County that was hit by a massive mudslide Sunday, a health official said Wednesday.Zhang Guoxin, vice director of the emergency office of the Health Ministry, made the remarks at a press conference in Beijing.Emergency medical rescue work was coming to an end and now epidemic prevention was the priority for health authorities, Zhang said.At least 702 people were killed and 1,042 others are missing after Sunday's mudslide.A total of 422 injured have been treated as of 10 a.m. Wednesday. All those who were seriously hurt have been sent to hospitals in the cities of Lanzhou and Tianshui, Zhang said.A survivor who was rescued 60 hours after the mudslide has been transferred to the Gansu Provincial People's Hospital and was currently in stable condition."All the injured have been properly treated," Zhang said.Forty-seven civilian and military medical teams with 779 members are working in Zhouqu, nine of whom are extremely well qualified and rank among the best in the country.A total area of 310,000 square meters has been sterilized by the teams.Health authorities have prepared 50,000 pamphlets on health risks for local residents.Zhang said health authorities were attempting to rebuild hospitals and clinics in Zhouqu as quickly as possible.