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BEIJING, July 2 (Xinhua) -- China and Vietnam agreed Thursday to properly deal with the maritime territorial issues in the South China Sea.This is one of the five consensus decisions made at the fourth meeting of the China-Vietnam steering committee on cooperation, which was co-chaired by Chinese State Councilor Dai Bingguo and Vietnamese Deputy Prime Minister and Foreign Minister Pham Gia Khiem.China and Vietnam signed a package of agreements on the demarcation of their 1,300-kilometer land boundary last November. During the signing ceremony, the two nations agreed to begin discussions to formulate the guidelines to solve the sea issues.Khiem reaffirmed Thursday that Vietnam was willing to work with China to properly handle the sea issues in light of the overall situation of bilateral relations and the friendship between the two peoples, as well as the need to maintain stability.During the meeting, China and Vietnam also agreed to further increase political exchanges, deepen economic and trade cooperation, strengthen cultural exchanges as well as enhance coordination on major international and regional issues.Citing that this year marks the 60th anniversary of the establishment of China-Vietnam diplomatic ties and the China-Vietnam Friendship Year, Dai said the bilateral relations were at a crucial period of inheriting the past and forging ahead into the future.The 60-year history of bilateral relations prove that developing China-Vietnam friendship is in the fundamental interests of the two countries and the two peoples, said Dai, adding it is also conducive to the peace and prosperity of the region.He said that since the third meeting of the China-Vietnam steering committee on cooperation last year, the pragmatic cooperation between the two countries had achieved new progress.He mentioned growing political exchanges, productive mutual beneficial cooperation, dynamic cultural exchanges, progress in dealing with boundary issues, and closer coordination and mutual support on major international and regional issues.Dai stressed that, in light of the future development of bilateral relations, the two sides should always bear in mind the general situation and take a long-term perspective while maintaining good neighborly friendship.He further called on the two sides to learn from each other so as to achieve common development, and to increase mutual trust and understanding to appropriately cope with problems through friendly negotiations.China is ready to work with Vietnam to steer the development of bilateral relations from a strategic height and use the China-Vietnam steering committee on cooperation as a platform to push forward the bilateral comprehensive strategic cooperative partnership, said Dai.Khiem said it was the firm position of the Vietnamese party and government to continuously enhance the Vietnam-China comprehensive strategic cooperative partnership, which was also the priority of Vietnam's foreign relations.Vietnam always remembers China's support and help for its revolution and construction and is committed to developing a long-lasting friendship with China, he stressed, adding Vietnam was willing to work with China to enhance cooperation in various areas.

HONG KONG, Aug.12 (Xinhua) -- Hong Kong stocks slipped nearly 190 points Thursday as heavyweight HSBC dropped 1.84 percent.The benchmark Hang Seng Index dropped 188.83 points, or 0.89 percent, to close at 21,105.71 points, after trading between a day high of 21,124.98 points and a day low of 20,926.48 points.Turnover totaled 67.83 billion HK dollars (8.73 billion US dollars), compared with Wednesday's 61.36 billion HK dollars.The H-Share Index dropped 140.61 points, or 1.2 percent, to end at 11,597.02 points.Banking giant HSBC edged down 1.84 percent to close at 80 HK dollars, after a plunge occurred on Wall Street overnight for concerns on global economy.China Mobile, China's dominant mobile carrier, moved up 2.44 percent, to end at 84.1 HK dollars.Major mainland lenders dipped. ICBC, China's largest bank by market value, dropped 1.04 percent to close at 5.69 HK dollars; CCB, the country's second largest lender by market capitalization, edged down 0.61 percent to close at 6.5 HK dollars; BOC, one of the "big four?", edged down 1.23 percent to 4.02 HK dollars.China Life, one of the world's largest life insurers by market value, dipped 0.74 percent to end at 33.6 HK dollars.Major oil producers on Chinese mainland also declined, with PetroChina, the country's largest oil and gas producer and Sinopec, China's top refiner, down 1.37 percent and 0.65 percent respectively.Bank of Asia, one of the largest local bank in Hong Kong, reported its half-year result by midday, with net profit up over 70 percent, much higher than market's expectation. The company's shares surged 2.61 percent to end at 31.5 HK dollars.

HEFEI, July 11 (Xinhua) -- More than 4,200 people have been removed after flood-hit dykes of a river in Anhui Province suffered breaches, the local government said Sunday.Bainian river that flows across Anqing and Tongcheng cities reported five minor dyke breaches between 10 a.m.to 11:30 a.m. Sunday, forcing the evacuation.The people have been sent to safe places and no casualties have been reported so far, according to the flood-control and drought-relief headquarters of Anhui.Water levels in some rivers and lakes have exceeded the warning lines since July 8 when heavy rains began to pound the province.Rainstorms have disrupted the lives of more than 2 million people in 29 counties across Anhui Province since July 8.Rainstorms have disrupted the lives of more than 2 million people in 29 counties across Anhui, forcing more than 8,100 residents to be removed to safe places.Initial investigations showed more than 1,800 houses collapsed and some 10,000 were damaged by downpours, which incurred 500 million yuan (73.8 million U.S. dollars) in direct economic losses.A total of 14.92 million people in 10 provinces and regions along China's longest river, the Yangtze, have had their lives disrupted after torrential rains began pounding since July 8, a statement from the Office of State Flood Control and Drought Relief Headquarters (SFDH) said Sunday.China's Central Meteorological Station warned Sunday that rainstorms would again batter many provinces and regions in the coming days bringing with it bigger risks of new flooding and other geological disasters in central and eastern China.From Monday until Wednesday, the observatory forecast some regions in provinces including Guizhou, Hunan, Hubei, and Anhui will see heavy rain.Eastern Jiangsu, Zhejiang, Jiangxi, central Henan, Chongqing and Shanghai will also see rainstorms during the next three days.

XIAMEN, Fujian, June 19 (Xinhua) -- The Chinese mainland and Taiwan kicked off the largest-ever grassroots-forum in southeast China's city of Xiamen Saturday evening, as more than 10,000 Taiwanese are expected to participate during the next seven days.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), declared the opening of the weeklong Straits Forum before a huge audience at the International Convention and Exhibition Center of Xiamen.Now in its second year, the forum will feature 25 activities including leisure chats, galas, and religious worship, instead of formal dialogues and policy-setting negotiations that dominate other major mainland-Taiwan exchanges." hspace="0" src="/d/file/p/2010/06/4a9775d47b447dde7f8f012bc892feb9.jpg" border="0" />Jia Qinglin(8th R), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), attends the opening ceremony of the second Strait Forum in Xiamen, southeast China's Fujian Province, on June 19, 2010Organizers said about 80 percent of the Taiwan participants this year would be non-officials and over 60 percent were from central or southern Taiwan."The forum is a landmark innovation of cross-Strait exchanges. It is a grand gathering of people from all sectors across the Taiwan Strait and a platform for grassroots civilians from both sides to communicate," said Wang Yi, head of the State Council's Taiwan Affairs Office.On the stage, Wang surprsingly used Minnan dialect -- the mother tongue of most residents in central and southern Taiwan -- to greet the audience.Wang urged people from the mainland and Taiwan to unite to push for peaceful development of cross-Strait relations.Taiwan's ruling party Kuomintang's vice chairwoman, Huang Ming-hui, sang "Girls of Alishan Mountain" -- a well-known Taiwanese folk song at the opening ahead of a gala show.

BEIJING/YICHUN Aug. 25 (Xinhua) -- China on Wednesday started the official probe into the Yichun plane crash which killed 42 people and injured 54 others while domestic airlines were ordered to overhaul safety measures.The State Council, or China's Cabinet, has set up a special work group to probe the cause of the crash. Chinese President Hu Jintao and Premier Wen Jiabao ordered a thorough investigation and beefed-up efforts to ensure air travel safety.Chinese Vice Premier Zhang Dejiang, who led an investigation team to the lush forested city of Yichun overnight after the crash, headed the work group.Zhang called upon the work-group's first meeting Wednesday but details of the meeting were not made public.Li Jian, vice director of the Civil Aviation Administration of China (CAAC), told Xinhua that the work group has started to gather evidence for the probe, but the process would take some time.A Brazil-made ERJ-190 turbine jet of Henan Airlines crashed during the landing at the forests-surrounded Lindu Airport of Yichun City late Tuesday night, killing 42 and injuring 54 passengers and the crew on board.Fifteen severely injured, including children and a vice minister, were transferred to four key hospitals in Harbin, the provincial capital on Wednesday night.Initial probes and survivors' accounts indicate the plane missed the runway and crashed on the ground, cracking the cabin and triggering a mild explosion.No signs of sabotage have been found so far, investigators said.The black boxes of the jet have been retrieved.The Lindu airport of Yichun was closed down shortly while operations of the Henan Airlines were suspended.The board of directors of Henan Airlines on Wednesday sacked the airline's general manager Li Qiang and appointed an acting manager to replace him.Cao Bo, Li's replacement, served as the chief pilot of Shenzhen Airlines, the parent company of Henan Airliens.Major Chinese carriers, including the China Eastern and China Southern, on Wednesday called upon emergency meetings to review the companies' safety measures.