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BEIJING, May 4 (Xinhua) -- Chinese equities dropped to a seven-month low Tuesday, after the central bank said Sunday it would raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year.The benchmark Shanghai Composite Index lost 1.23 percent to close at 2,835.28 points.The Shenzhen Component Index fell 1.81 percent to 10,960.77 points.Total turnover shrank to 141.55 billion yuan (20.7 billion U.S. dollars) from 191.91 billion yuan on the previous trading day.Losers outnumbered gainers by 533 to 347 in Shanghai and 488 to 429 in Shenzhen.

BEIJING, May 24 (Xinhua) -- A senior official of the Communist Party of China (CPC) here on Monday called for China and Europe to further promote common development.Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks at the opening ceremony of the first-ever China-Europe High-Level Political Party Forum in Beijing.China and Europe's common interests have increased to an unprecedented level in a new era of great development, change and adjustment, Li said, putting forth a four-point proposal to further strengthen China-Europe party to party dialogue and to seek common development. Li Changchun (1st L), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, addresses the China-Europe High-Level Political Parties Forum in Beijing, China, May 24, 2010. The forum was opened here on Monday. Li said, China and Europe should carry out in-depth exchanges on global challenges and major international issues to build a harmonious world of lasting peace and common prosperity.Li also called on both sides to discuss openly about issues and challenges concerning the similarities in their state governance and communicate actively on political party building.He said he believed that the forum could help deepen mutual understanding and trust between the CPC and European political parties and promote China-Europe comprehensive and strategic cooperation.Li also talked at the opening ceremony about China's program for tackling financial crisis.The China-Europe High-Level Political Party Forum is scheduled for May 24-25 with the theme "Global Challenges and China-European Cooperation." Chinese officials from the International Department of the CPC Central Committee, Foreign Ministry, Ministry of Commerce, the National Development and Reform Committee as well as over 50 leaders and senior officials from various European political parties attended the opening ceremony.
YUSHU, Qinghai, April 25 (Xinhua) -- Chinese Vice Premier Hui Liangyu Saturday stressed that the quake relief work in northwest China's Qinghai Province should focus on resettling survivors and the area's reconstruction."The focus should now be shifted from searching the quake victims and treating the injured and building temporary shelters to resettling survivors, restoring social order and carrying out reconstruction," Hui said at a meeting held Friday night in Qinghai.Saturday was the last day for rescuers to comb the quake-hit Yushu region in a bid to find survivors buried underneath the rubble. Chinese Vice Premier Hui Liangyu (2nd R) visits a woman injured in earthquake in Gyegu Town of quake-hit Tibetan Autonomous Prefecture of Yushu, northwest China's Qinghai Province, April 23, 2010. The death toll from the 7.1-magnitude earthquake on April 14 climbed to 2,203 as of 5 p.m. Saturday, with 73 people still missing, more than 12,000 injured, tens of thousands of residential buildings flattened and huge economic losses.
来源:资阳报