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The overall economic losses were estimated at more than 200 million U.S. dollars, as some critical infrastructure including roads, bridges, schools and health facilities were all terribly damaged, along with people's houses, crops and livestock.
BEIJING, March 25 (Xinhua) -- Datang International Power, a listed unit of China Datang, a major Chinese power producer, said Sunday its net profit fell 22.78 percent year-on-year to 1.91 billion yuan (303.2 million U.S. dollars) due to rising thermal coal prices.
First, the two countries should scale up two-way investment and trade. Active and effective measures are needed to bring into full play the role of cooperation mechanisms, he said.
It is plausible for prices of consumer goods and housing to increase along with the country's rapidly growing economy. However, China's stock market remains a puzzle to most, as it has continued to fall despite the booming economy.
Agriculture was one of the first areas in which China and the United States began to cooperate, as the two are both large nations of agricultural production, trade and consumption and viewed agriculture as a strategic and basic industry, said Han.