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BEIJING, April 6 (Xinhua) -- China's outstanding external debt reached 428.6 billion U.S.dollars by the end of 2009, up 14.4 percent from a year earlier, the State Administration of Foreign Exchange (SAFE) said here in a statement on its website Tuesday.The figure excluded Hong Kong Special Administrative Region (SAR), Macao SAR, and Taiwan.The country's registered foreign debt was equivalent to 266.95 billion U.S. dollars by the end of last year, up 2.5 percent from the 2008 level. Outstanding trade credits stood at 161.7 billion U.S.dollars, according to SAFE.China's foreign debt service ratio was 2.87 percent, while the foreign debt ratio and liability ratio stood at 32.15 percent and 8.73 percent, respectively, SAFE said.Mid- and long-term external debt, accounting for 39.52 percent of all outstanding foreign debt, totaled 169.39 billion U.S.dollars by 2009, most of which came from manufacturing and infrastructure construction in transportation, storage and postal services, it said.Short-term external debt rose 23 percent to 259.26 billion U.S.dollars year on year by the end of 2009, accounting for 60.48 percent of the total.New mid- and long-term debt in 2009 declined 38.18 percent to 22.45 billion U.S.dollars from a year earlier.China repaid principals for mid- and long-term loans of 34.19 billion U.S. dollars and 3.63 billion U.S. dollars in interest in 2009, up 46.78 percent and down 12.64 percent year on year, respectively, said SAFE.

TAIYUAN, March 28 (Xinhua) -- The number of people trapped underground after a coal mine flooding in north China's Shanxi Province was revised -- for a second time -- to 153 from 123, rescuers said late Sunday night.Investigations showed that 261 workers were in the pit of Wangjialing Coal Mine under construction when underground water gushed in at about 1:40 p.m.. Of them, 108 were lifted safely to the ground while 153 others trapped in the shaft, according to the rescue headquarters."Most of the trapped are migrant workers from Shanxi, Hebei, Hunan and Guizhou provinces," a rescuer said.Chinese Vice Premier Zhang Dejiang (1st R, front) oversees the search and rescue operation at the site of a flooding accident of Wangjialing Coal Mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, in north China's Shanxi Province, on March 29, 2010. The number of people trapped underground after the flooding accident at Wangjialing Coal Mine was revised -- for a second time -- to 153 from 123, rescuers said late Sunday nightThe exact number of people trapped is still being checked.Soon after the accident happened, the Shanxi Provincial Work Safety Administration and the Shanxi Provincial Emergency Affairs Office said 152 people were trapped underground, but officials later changed the figure to 123.Rescuers are struggling to save the trapped people, and local authorities are investigating the cause of the accident.President Hu Jintao and Premier Wen Jiabao ordered local authorities to spare no effort to save the trapped while guarding against secondary accidents.Vice Premier Zhang Dejiang rushed to the site late Sunday to oversee the search and rescue operation.The mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, covers about 180 square kilometers.The mining zone boasts more than 2.3 billion tonnes of coal reserves, including nearly 1.04 billion tonnes of proved reserves, according to the company's official website.It is now under infrastructure construction and is expected to produce 6 million tonnes of coal annually once put into operation.The mine, affiliated to the state-owned Huajin Coking Coal Co. Ltd., is a major project approved by the provincial government

BEIJING, May 2 (Xinhua) -- The People's Bank of China (PBOC), the central bank, announced Sunday it will raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year amid growing concerns of asset bubbles and economic overheating.The bank said in a statement on its website that it would raise the deposit reserve requirement ratio (RRR) for financial institutions by half a percentage point from May 10.The ratio for the rural credit cooperatives and rural banks would remain unchanged at 13.5 percent, said the PBOC.However, the RRR for other small financial institutions would rise to 14 percent, and that for large financial institutions to 17 percent.This is the third rise in the deposit ratio this year. On Jan. 12 and Feb. 17, the central bank raised the deposit ratio by half a percentage point each time.The move indicated the government was taking further steps to tighten monetary policy in response to concerns of overheating and asset bubbles, said Liu Yihui, an expert with the Financial Research Center of the Chinese Academy of Social Sciences (CASS).The PBOC has cut the bank reserve requirement ratio four times during the second half of 2008 to stimulate growth, as the global financial crisis started to weigh on the economy.The country posted a better-than-expected 11.9 percent year-on-year economic growth in the first quarter, but the government was cautious and had repeatedly warned that the economic conditions this year were "very complicated."China's consumer price index (CPI), the main gauge of inflation, saw a rise of 2.4 percent year on year in March, nearing the ceiling of 3 percent inflation this year that the government has set at the annual parliamentary session that month."There is an obvious tendency of overheating," Liu said.

BEIJING, April 27 (Xinhua) -- China's Ministry of Commerce Tuesday made a cautious prediction for the outlook of the nation's foreign trade for the rest of the year amid the fragile global economic recovery.The rebound of China's overseas shipments in the first quarter can largely be attributed to the low comparison base of the same period last year, the commerce ministry report said.Moreover, uncertainty in the global market remains as high unemployment in European Union nations and low capacity-utilization in the United States may dampen consumption and investment, the report said.China is facing deteriorating trade conditions as trade protectionism is on the rise, the report added.China suffered 19 trade-remedy investigations in the first quarter, up 93.5 percent over the same time last year. The investigations, targeting Chinese products, involved trade worth 1.19 billion U.S. dollars, the report said.The report also said higher costs may squeeze domestic enterprises' profits as a result of raw material price hikes and rising labor costs.China's exports increased 28.7 percent year on year in the first quarter of 2010 after dipping 16 percent last year amid the global economic downturn, customs data showed.

YUSHU, Qinghai, April 17 (Xinhua) -- The death toll has climbed to 1,484 from a devastating earthquake in northwest China's Qinghai Province, with another 312 still missing, rescuers said late Saturday.As of 5 p.m. Saturday, the 7.1-magnitude quake, which struck the Tibetan Autonomous Prefecture of Yushu at 7:49 a.m. Wednesday, had also left 12,088 injured, 1,394 severely, a spokesman for the rescue headquarters told a press conference.1,484 in China quake