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BEIJING, Aug. 18 (Xinhua) -- Drought-hit regions in northern China are forecast to have moderate to heavy rain Wednesday and Thursday, the National Meteorological Center said Tuesday. The regions include Inner Mongolia Autonomous Region where more than 200,000 livestock have died due to drought, Heilongjiang Province where 1.47 million hectares of farmland were hit by drought, Liaoning and Jilin provinces. A severe drought has hit China's northern part, affecting 11.33million hectares of crops, according to the State Flood Control and Drought Relief Headquarters. Among the total affected crops, 4.2 million hectares suffered serious drought and 1.07 million hectares dried up. About 3.9 million people and about 4.37 million livestock had difficulties getting water. Yuan Zipeng, deputy director of the Liaoning provincial observatory, said the long-anticipated rain would "obviously" relieve the two-month-long drought that led to drinking water shortages for 792,200 people and 242,200 livestock in the province. In order to increase the rainfall, the provincial bureau has prepared 1,269 rocket shells along with three aircraft to seed the clouds, Yuan said. In Liaoning alone, 32 million hectares of farmland were hit by drought. The water resources department in Inner Mongolia said 1.89 million people and 4.27 million livestock faced drinking water shortages. More than 200,000 livestock died as 71 percent of the region's pastures were severely hit by drought. Qinggele, a herdsman in Bayan Zhuoer, Inner Mongolia, said his family had to use donkeys to carry water 15 km away. Authorities in Inner Mongolia made artificial rain more than 1,000 times as the region saw the worst drought in the past 50 years. Officials also helped residents find more water sources and build more water-saving and irrigation projects. Chinese Vice Premier Hui Liangyu has urged government agencies to place "top priority" on anti-drought efforts during his tour of the drought-hit regions in Liaoning, Inner Mongolia and Jilin on Monday and Tuesday. Local governments were also urged to expand irrigation by speeding up construction of reservoirs and properly conducting artificial precipitation as "the drought took place in major grain production bases at the key maturity period for crops, which will greatly affect agriculture production".
BEIJING, Sept. 27 (Xinhua) -- Aviation Industry Corporation of China (AVIC), the country's top aircraft manufacturer, said Sunday total sales revenue in its auto business would reach 30 billion yuan (about 4.39 billion U.S. dollars) by 2017. Geng Ruguang, deputy general manager of AVIC, said making big passenger vehicles has become the the corporations's guiding plan for development in its auto business. Geng revealed the figure at a ceremony marking AVIC and its partner Volvol's new product Silver 900 series going into production line. The series is a new type of big and luxurious passenger vehicles, 12 meters long, which could be used for road transportation, tourist reception, and military equipment. The Silver 900 series was developed by Xi'an Silver Bus Corporation, a joint venture established in 1994 by AVIC Xi'an Aircraft Industry Co. ltd, and the Swedish bus and truck maker Volvo company. The Xi'an Silver Bus Corporation expects to produce annually 4,000 vehicles by 2014. A mockup of jumbo jet C919, the major project of the Commercial Aircraft Corporation of China (COMAC), is displayed at the Asian Aerospace '09 in Hong Kong, China, Sept. 8, 2009
BEIJING, Aug.3-- China's steel industry association said on Friday that it plans this year to unify the spot and long-contract prices for the country's iron ore imports. It will also set a ceiling for charges levied by import trading firms, as part of an effort to regulate the market. The proposal was the top item of discussion at the steel industry body's two-day semiannual meeting, said Luo Bingsheng, deputy chairman of the China Iron and Steel Association (CISA), at a press conference. The term prices negotiated with global miners should become a benchmark unified price, and the import agencies could charge 3-5 percent in commission on top of the term prices, Luo said. The move aims to regulate excess iron ore import by steel makers and trading firms, which distorted the supply and demand balance and disrupted the annual contract talks, Luo said. The price talks, which are continuing, appeared to be snagged on China's insistence upon bigger reductions than the 33 percent cut agreed to earlier with Japanese and Korean steel mills. News reports and industry analysts say China wants a 40 percent price cut. Luo said foreign iron ore suppliers promoted massive sales on the spot market, leading to huge stockpiles. Spot iron ore accounted for 82.7 percent of imports this year, leading to excessive imports that far exceed actual needs, the CISA said. Luo made the remark as the spot price of iron ore in China surged above the contract prices offered by three large miners - Rio, BHP and Vale. Benchmark spot prices of iron ore in China rose above 0 a ton on Thursday, as compared with a ton in April, according to industry consultant Mysteel. Iron ore imports rose 29.3 percent year on year, to 297 million tons, in the first half of this year, while traders imported 131 million tons, up 90.4 percent from last year. There are 152 iron ore importers in China this year, exceeding the 112 licenses that CISA issued, the association said. Luo said the annual talks were ongoing and CISA would keep working to push them forward. "We are working for a reasonable result and hope to reach a win-win situation," Luo said. "For small steel companies, a unified price system is definitely good news," said Fan Haibo, a steel analyst from Xinda Securities. "Large steel mills and trading companies have made huge profits by selling iron ore to small steel factories who do not hold import license." "But how to define which firms have 'agent license' seems essential. Giving them the privilege is akin to guaranteeing a business always makes a profit," he said.
BUDAPEST, Oct. 17 (Xinhua) -- China wants to achieve balanced trade with Hungary by way of increased economic and trade cooperation, visiting Chinese Vice President Xi Jinping said here Friday. At a symposium with Hungarian and Chinese entrepreneurs, Xi said the two countries should further expand trade and find more complementary products for export. "We will continue to encourage our enterprises to import more from Hungary, and also hope Hungarian companies will make greater efforts to explore the Chinese market and increase exports of those products that meet market demand in China," Xi said. Visiting Chinese Vice President Xi Jinping(L) meets with Hungarian Prime Minister Gordon Bajnai(R) in Budapest, capital of Hungary, Oct. 16, 2009 Xi also called on enterprises of the two countries to enhance cooperation in such areas as new energy, insurance, tourism and environmental protection. He said the two sides should give full play to the role of the joint economic committee as a platform for consultation and properly handle trade disputes that may arise, so as to ensure smooth development of bilateral economic and trade cooperation. Hungary is a good friend and partner of China, and China is ready to work with the East European country to strengthen their communication and cooperation and push forward bilateral trade and economic ties and the China-EU comprehensive strategic partnership, he said. Hungarian Prime Minister Gordon Bajnai said bilateral trade and economic cooperation had expanded rapidly and Xi's attendance at the symposium demonstrated the importance China attaches to its trade relations with Hungary. He said China plays an important role in the global economy and Hungary welcomes Chinese enterprises to seek business and invest in the country. More than 200 business people and officials from the two countries attended the symposium.
BEIJING, July 21 (Xinhua) -- Chinese Vice Premier Li Keqiang on Tuesday called for efforts to intensify energy conservation, emission reduction and environmental protection to ensure clean, safe and sustainable development. Li made the comment at a meeting in Beijing on Tuesday, urging efforts on development of green industry and sustainable economy. He said environmental protection should be strengthened as the environmental problems in China are still severe, such as the water, air and soil pollution. Li said China's economy is still at a critical moment as it begins to recover steadily. It is also a crucial time for its economic structure adjustment, he added. He said the government should maintain sustainable and stable macroeconomic policies