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BEIJING, June 14 (Xinhua) -- Chinese Vice President Xi Jinping left Beijing Monday morning for official visits to Bangladesh, Laos, New Zealand and Australia.Xi was invited by Bangladeshi Prime Minister Sheikh Hasina Wajed, Laotian Vice President Bounnang Vorachit, New Zealand Prime Minister John Key, and Australian Prime Minister Kevin Rudd.It's the first visit of a Chinese vice president to the four states.

BEIJING, Aug. 12 (Xinhua) -- China's Ministry of Health said Thursday the spread of disease is a major public health concern in mudslide-hit Zhouqu County in northwest China, after local health facilities and water resources were damaged in the disaster."Only a small part of the township area was left after the mudslides. A large number of rescue and relief workers and survivors are now living there, increasing the risk of intestinal and respiratory infectious diseases," an unnamed official from the ministry said Thursday.The official said corpses and dead animals buried under the mud may easily decay under the high temperatures, worsening the epidemic-prevention situation.Although wells have been dug up to ensure water supply, the ministry said sterilization work is arduous as the water may be contaminated during transportation and preservation.Vaccines and their refrigeration facilities, along with the networks that report infectious diseases, were destroyed in the mudslides, according to the ministry.However, with the arrival of new refrigerators and various vaccines, the first vaccination center in the county since the disaster has been set up.As of 4:30 p.m. Thursday, the death toll from the mudslides had risen to 1,144 with 600 still missing.Furthermore, the Ministry of Environmental Protection has sent more than 20 experts to Zhouqu in a bid to prevent environmental disasters.The water quality of the Bailong River remains normal, according to the ministry.

BEIJING, June 14 (Xinhua) -- China's State Flood Control and Drought Relief Headquarters (SFDH) has sent four working teams Monday to help flood control in provinces and regions pounded by heavy rains that triggered floods and mud slides.The flood control authority held a meeting Monday night with the Ministry of Water Resources agreeing to dispatch one more working team to central Hunan Province to help consolidate river banks along the upper reaches of the Xiangjiang River and ensure the safety of reservoirs.Three other teams were separately sent Monday afternoon to Xinjiang Uygur Autonomous Region, Guangxi Zhuang Autonomous Region and the eastern province of Fujian.From 8 a.m. to 6 p.m. Monday, torrential rains pelted Guangxi, provinces of Guangdong, Fujian, Hunan and Jiangxi. Some regions even saw rainstorms, according to the SFDH.At least 24 people are missing after flash floods and landslides triggered by heavy rains engulfed two vehicles in Fujian Province Monday, according to a local official.The authority asked the Guangxi team to help with floods control and mud slides prevention work there. It ordered the team sent to Fujian to help with rescue work.The team for Xinjiang will help investigate the collapse of a reservoir dam in Xinjiang on Monday morning after heavy rains on the previous night.The local government had evacuated more than 200 families living downstream the reservoir. No casualties are reported so far.

BEIJING,Aug 9(Xinhuanet) -- China's high savings rate is expected to fall substantially in coming years as its workforce shrinks, the population ages and social security spending increases, a BIS report shows.In research published by the Bank for International Settlements (BIS) on the “myth and reality” of China’s savings rate, Ma Guonan and Wang Yi found that the Asian giant needs its population to spend more in order to sustain rapid economic growth in coming years.The researchers, who were writing in their personal capacity, also reject claims that Chinese State firms have been benefiting from high savings thanks to exchange rate distortions and subsidies designed to drive economic growth.They point out that “less advantaged” and more efficient firms have been the ones posting the greatest gains in earnings in recent years rather than State-owned companies.China’s gross national savings soared from 39.2 percent of output in 1990 to 53.2 percent in 2008, far higher than the United States, which saved only 12.2 percent in 2008.Even compared to other Asian giants — Japan with 27 percent in 2007 and India with 33.6 percent in 2008 — China’s share of savings as a percentage of gross domestic product (GDP) is significantly larger.Nonetheless, the population and social trends that have underpinned China’s growth and savings rates are likely tail off significantly over the next decade, the two Chinese researchers argued.In the wake of the global slump, world leaders and economists have been asking China to spend more, rather than pin its economic growth on exports to the West, in order to help address world trade imbalances.Ma, a BIS economist and Wang, who is from the Chinese central bank, said however that the current savings trend by Chinese households will not last.The swelling working population in recent years has boosted savings in recent years, they said.In addition, large-scale corporate restructuring between 1995 and 2005 increased job uncertainty, forcing workers to set aside more money in case they were fired. The lack of a social safety net also pushed workers to make “precautionary savings.”Beyond households, government savings have also been increasing in tandem, as more is being set aside to meet pension needs which are expected to rise significantly as the population ages.However, these trends are expected to be reversed in coming years.“It is reasonable to assume that the large-scale labor retrenchment observed during 1995 to 2008 is by and large been behind us,” say the researchers.In addition, China is expected to enter into a phase of “accelerated population ageing within a decade.” This means that the workforce will decline, leading to a fall in overall income and therefore savings.At the same time, infrastructure spending is expected to continue, in order to provide for the ageing population and the urbanization of the country.

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).

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