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BEIJING, June 17 (Xinhuanet) -- Flooding and landslides triggered by recent heavy rain have killed at least 42 people as of Wednesday in the worst hit provinces like Guangxi, Fujian and Sichuan, while 49 others are still missing.Storms are forecast to continue to sweep across most parts of South China over the next 10 days, with some areas due to receive 250mm of rain, the China Meteorological Administration said on Wednesday.The national weather forecaster said rainstorms will also hit Guizhou, Sichuan, Fujian and Guangdong the following week.The National Meteorological Center issued a yellow alert on Wednesday morning for heavy rain across parts of China. Residents wade through the waterlogged street in Nanning, southwest China's Guangxi Zhuang Autonomous Region, on June 15. A fresh spell of heavy rains has pounded Guangxi since June 14, triggering floods in some regions of Guangxi.A statement on the center's website urges officials in several provinces, including Fujian, Zhejiang and Guangdong, to prepare for "possible floods and geological hazards".Guangxi flood control and drought relief headquarters said on Wednesday that, as of Tuesday, the death toll from the recent spell of bad weather had climbed to 10 in the province, with 15 missing, and direct economic losses of nearly 400 million yuan (.8 million). The rain had also damaged 61 roads, ruined 66 dams and destroyed 1,170 houses.

BEIJING, Aug. 14 (Xinhua) -- Chinese Vice Premier Li Keqiang has called for the deepening of cooperation with other developing countries, and achieving mutual benefits with the countries aided by China.Li made these remarks during a recent visit to an exhibition that showcases the country's international aid effort in areas such as infrastructure, agriculture, medical treatment, industrial development, environmental protection, culture and education.This year marks the 60th anniversary of the country's international aid."As a developing country, China, while devoted to its own development, has been providing aid as best as it could for other countries in economic difficulties," Li said.He added that the policy must be continued and improved because there is an increasing imbalance in the economic development among different regions in the world."All aid workers have made noble contributions to our country's international aid cause, and some of them even sacrificed their lives. People will never forget them," Li said.The exhibition on Aug. 12-16 in Beijing has been jointly held by 28 ministries and organizations, including the ministries of commerce, foreign affairs and finance.

BEIJING, Aug. 1 (Xinhua) - China will deliver humanitarian aid worth 10 million yuan (1.48 million U.S. dollars) to flood-ravaged Pakistan, China's Ministry of Commerce (MOC) announced Sunday.The charitable assistance was offered to help Pakistan' s government fight the flooding and rescue victims, the MOC said in a brief statement posted on its website.The Pakistan government kicked off an emergency rescue and relief operation on July 30 after declaring an emergency in the flood-struck northwestern province of Khyber Pakhtunkhwa (KP).

BEIJING, July 30 (Xinhuanet) --Zhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for the deal.Ministry of Commerce officials told China Daily on Thursday that the government cleared the Volvo deal on Monday 26, after the National Development and Reform Commission cleared the proposal last week.Geely has also got the necessary anti-trust approvals from the European Union and the US government for the deal.Li Shufu (center), chairman of Zhejiang Geely Holding Co, arrives for a news conference in Beijing earlier this year. The Geely-Volvo deal has won approval from the Chinese government."With this the decks are now clear for Geely to complete its acquisition of Volvo and start manufacturing the brand in China," said Wang Zhile, director of the research center on transnational corporations under the Ministry of Commerce.Yuan Xiaolin, Geely's spokesman for the Volvo deal was unavailable on Thursday for comment. However, unnamed sources from Geely told China Daily that the Zhejiang-based automaker will hold a formal function on Monday to complete the deal.Geely's shares surged nearly 11.32 percent and closed at HK.95 per share in Hong Kong on Thursday.Privately owned Geely paid .8 billion to acquire the Volvo car brand from Ford on March 28 this year. It was the biggest overseas deal made by Chinese automakers in recent times.Geely Chairman Li Shufu had at that time indicated that the company would invest 0 million as operating capital in Volvo apart from the US.8 billion purchase price.Geely said on July 15 that it had appointed Li as the chairman of the board at Volvo Car Corp. At the same time it appointed the former president and CEO of Volvo Hans-Olov Olsson as the vice-chairman.More appointments to the board and top management, including the chief executive and chief financial officer, may be made next week, said sources.Analysts said the Volvo buy will help Geely gain a competitive edge in China and also a major toehold in Europe.Pursuant to completion of the deal, Geely is likely to start making Volvo cars locally.Though it has not announced a location yet, indications are that it may consider Jiading in Shanghai, Chengdu in Sichuan, Beijing or Tianjin as possible production sites.During the firsts six months of the year, Volvo sold 15,497 cars in China, up 88 percent over last year.That compares to the Swedish luxury brand's 5.2 percent and 9 percent year-on-year decline in major markets like the United States and Germany.Geely plans to increase Volvo's annual sales in China to 150,000 units by 2015, said sources.

BEIJING, June 10 (Xinhua) -- The world's most populous country is expanding its social security net as China's major social insurance program reached a new high for the number of people covered, official figures show.The Ministry of Human Resources and Social Security said on Thursday that the nation's urban pension insurance covered 235.5 million people by the end of 2009, an increase of 16.6 million over the beginning of that same year.In addition, 26.47 million migrant workers were also included, which was 2.31 million more migrants than at the start of 2009.Officials note that pension fund revenues topped 1.15 trillion yuan by the end of last year, up 18 percent year on year. This followed the government raising the monthly pension income for business retirees for the fifth time between 2005 and 2009 to 1,225 yuan (180 U.S. dollars) a person.Also, the country's basic urban medical insurance covered 401 million people in 2009, of which 219 million were urban dwellers and 43.35 million were rural migrant workers.Additional figures showed that unemployment insurance covered 127 million people while those carrying work injury insurance reached 149 million. Lastly, maternity insurance covered 109 million women.