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BEIJING, July 8 (Xinhua) -- Local authorities in central and southwest China were put on alert Thursday to fight heavy storms and floods -- termed to be the worst in a decade in some regions -- just as days-long heat wave that had scorched large areas across the country ended.The National Meteorological Center Thursday evening raised the storm alert to "orange", one step below the highest rating on a four-color scale.It said heavy rains had started to pound central Hubei and Anhui provinces since Thursday and heavy rainfall was predicted in at least ten provinces and region in central and southwest China in the next 24 hours.Three girls play at a fountain to enjoy coolness at the Tianjin University in north China's Tianjin Municipality, July 5, 2010. The local meteorologic authority has issued an orange alarm against high temperature.In Hubei, one person was killed after floods hit three counties and a city in the province' s north, affecting 500,000 residents and submerging parts of the areas in one-meter deep water, provincial disaster relief authorities said.More than 27,370 hectares of farmland were flooded, 242 houses collapsed and at least 10,157 residents were evacuated from flooded homes, the disaster relief office of Hubei Provincial Civil Affairs Bureau said.

BEIJING, July 9 (Xinhua) -- Pakistani President Asif Ali Zardari on Friday expressed his optimism over the possible road link with China, saying the construction of the road would boost bilateral trade.Zardari is on his five-day working visit to China, the fifth China tour since he took office as the Pakistani president in 2008. Zardari who once called himself "the first businessman president of Pakistan", said that he had his own "concept" for improving Pakistan-China trade relations.A road connection with China is one of his ideas to make this happen."If you want to come to Pakistan or southeast Asia from China by sea, it will take months, but if you look at the road transportation to my port, it's only 1,100 miles from your border," said Zardari in an interview with Xinhua.Zardari's remarks came amid some reports that China and Pakistan are considering building a rail link to reach the Arabian Sea."The concept has been accepted," said Zardari without elaborating.China and Pakistan have maintained their "all-weathered" and time-tested friendship for decades.Now there are more than 120 companies and about 10,000 Chinese nationals in Pakistan, involved in sectors such as mining, energy exploration and infrastructure building.But Zardari said Pakistan needs more investment.China-Pakistan trade in the first five months of this year reached 3.3 billion U.S. dollars, up 31 percent.While addressing the China-Pakistan Economic Cooperation Forum earlier Friday, Chinese Commerce Minister Chen Deming said that bilateral trade could hit 15 billion U.S. dollars in 2015.On the just-concluded China-Pakistan anti-terror drill in northwest China, Zardari said the two countries should keep united in the fight against terrorism.

BEIJING, Aug. 13 (Xinhua) -- Chinese Vice Premier Li Keqiang said Friday that the government would continue to regulate the housing market and resolutely crack down on speculative property investment and other unreasonable market demands.He said the government would continue to increase the supply of affordable housing for low-income families in order to consolidate the effects of the regulation over the past months.He pledged to ensure healthy development of the real estate industry and improve people's living conditions.Inspecting a low-rent housing site in Beijing, Li urged the municipal government to offer preferential policies in the areas of investment, land, and taxation to quicken the construction of affordable housing.He said that the affordable housing program should be transparent and fair in order to allow mid-and-low income residents to benefit.In the face of skyrocketing housing prices, the Chinese government has ordered a stringent credit policy to restrict speculative purchases and has increased spending to build affordable housing.Housing prices in major Chinese cities rose 10.3 percent year-on-year in July, slower than the 11.4 percent growth in June, the National Bureau of Statistics said on Tuesday.