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YICHANG, Hubei, July 28 (Xinhua) -- China's Three Gorges Dam on the swollen Yangtze River is experiencing another test as flood flows peaking at 56, 000 cubic meters per second, the greatest peak flood of the year, arrived at the dam at 8 a.m. Wednesday, engineers said.The dam buffered the flood by discharging water at a rate of 40,000 cubic meters per second, holding up 16,000 cubic meters in a second, they said.The water level of the reservoir behind the dam rose to 158 meters at 8 a.m. Wednesday, about 17 meters under its maximum capacity of 175 meters. Flood waters are sluiced with the water outflux monitored at 40,000 cubic meters per second at Three Gorges Dam in Yichang, central China's Hubei Province, July 20, 2010. China's Three Gorges Dam project on the Yangtze River stood its biggest flood-control test at 8 a.m onTuesday since completion.Continuous downpours in weeks boosted the water levels of the upper reaches of the Yangtze.The flow on the Yangtze's upper reaches topped 70,000 cubic meters a second on July 20, the highest level since the dam was completed last year and 20,000 cubic meters more than the flow during the 1998 floods that killed 4,150 people.

BEIJING, June 21 (Xinhua) -- China's National Development and Reform Commission (NDRC), the country's top economic planner, refuted on Monday recent reports online saying China is mulling adjustments of electricity prices, claiming such reports "untrue" .The NDRC said in a statement on its website that recently there were reports online saying the NDRC was studying plans to adjust electricity prices, citing Li Jing, deputy head of the Department of Resource Conservation and Environmental Protection at NDRC. Reports said she has not given the timetable for the plan.The statement further said she never made such remarks to media and the reports were groundless.The NDRC began a rise in the price of electricity for non-residential use by 2.8 fen (0.4 cents) per kwh on average nationwide on November 20 last year, with residential electricity prices unchanged.

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.

SHANGHAI, Aug. 13 (Xinhua) - Swiss President Doris Leuthard Thursday said the rise in bilateral trade between Switzerland and China is a delightful surprise, as she seeks to expand economic cooperation with China through a free trade agreement.The trade increase was a surprise as it came during the economic crisis last year, Leuthard said.In the first six months of 2010, Swiss exports to China increased more than 30 percent and Chinese exports to Switzerland increased more than 16 percent.Total trade volume between the two countries during the period hit 6.2 billion Swiss Francs (5.86 billion U.S. dollars), she added.Leuthard said she is optimistic about the future of Sino-Swiss bilateral trade, as the two countries are working on a free trade agreement."We are ending feasibility study (for the agreement) so both sides know the market, the opportunities and the risks very well. It is very promising," she said.After the joint feasibility study, the two sides will enter the final stage ahead of the signing of the deal, she added.Talks on the free trade agreement began in 2007 when Leuthard, as head of the Federal Department of Economic Affairs, signed an agreement with then-Minister of Commerce Bo Xilai. The agreement recognized the full market status of China.Switzerland hopes to be the first European country to have a free trade agreement with China, Leuthard told Xinhua in an interview last year.China is Switzerland's second largest trade partner in Asia after Japan.

TIANJIN, June 8 (Xinhua) -- Scotland will strengthen cooperation with north China's industrial city Tianjin in trade, finance, education and new energy, according to a joint statement signed by officials from the two sides Thursday."The joint statement highlights Scotland's interest in developing long-term ties with Tianjin in areas such as financial services and renewable energy," said First Minister of Scotland Alex Salmond, who signed the document.Salmond, who led business groups to Beijing and Shanghai prior to his visit to Tianjin, said he hoped Chinese and Scottish firms could ink deals on renewable energy, finances, and life science.With a potential wind power generating capacity of 36.5 billion watts, the use of wind power in Scotland ranks among the top in Europe. Scotland is also a leader in developing offshore wind power farms.

来源：资阳报