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CANBERRA, June 21 (Xinhua) -- The relationship between China and Australia is expected to be further boosted with over 20 documents of cooperation signed during the visit of Chinese Vice President Xi Jinping, Australia's media reported on Monday."The high-level visit of Xi and hundreds of aides has made it clear how keen the two countries are to do business," the Australian Associated Press (AAP) reported after the announcement of the deal in Canberra on Monday.According to AAP, Chinese companies will build mines, railways and port facilities in Australia under a series of deals.The new agreements are not only in the resources and energy sectors, but also include telecommunications, education and a quarantine protocol for exporting Tasmanian apples to China.Under one deal, Chinese companies will help fund an 8-billion-U. S.-dollar coal mine, railway and coal-loading terminal near Bowen in Queensland.The deal would yield 4 billion Australian dollars (3.53 billion U.S. dollars) in exports each year for 25 years, Rudd said.

BEIJING, Aug. 5 (Xinhua) - The People's Bank of China (PBOC), also known as the central bank, said Thursday it would maintain its moderately loose monetary policy and enhance financial supports to boost the economy's sustainable development.The bank will apply multiple monetary tools to keep an appropriate growth in money supply in a bid to strike a balance between meeting the need of funding economic development and managing the inflation expectation, the PBOC said in a statement posted on its website.The PBOC reiterated it would maintain continuity and stability in monetary policy while, at the same time, making the policy more specific and more flexible.It vowed to improve the yuan's exchange rate mechanism, and increase financial support to promote the transformation of the economic growth pattern and adjustment of the economic structure.China's broad money supply (M2), which covers cash in circulation and all deposits, increased 18.5 percent year on year to 67.39 trillion yuan by the end of June, which marked a slowdown from the 21 percent increase at the end of May, the PBOC said.During the same period, narrow money supply (M1), cash in circulation plus current corporate deposits, climbed 24.6 percent from a year earlier to 24.06 trillion yuan, representing a decrease of 5.3 percentage points from the end of May, according to the PBOC.The bank also warned of potential domestic inflation risks due to complicated situations both at home and abroad.Increases in the costs of labor and environmental requirements, combined with continuing progresses in the reforms in the prices of resource products, will likely impact the inflation expectation.Meanwhile, the central bank pointed out that external 'hot money' may push up price hike pressures."The global monetary situation is relatively loose, as nations across the world have been prudent in their stimulus exits due to continuing uncertainties in the economic recovery. Excessive money is likely to seek various outlets, adding potential risks of inflation expectations," the PBOC said in its statement.

CHENGDU, July 17 (Xinhua) -- At least 13 people were killed and 23 others remained missing after the worst rainstorm of this year lashed Sichuan Province Thursday night, the provincial flood control authorities said Saturday.The victims were killed by mountain torrents, landslides, house collapses or other rain-triggered disasters, according to Sichuan's flood control and drought relief headquarters.The rain forced the Shuangliu International Airport in Chengdu, capital of Sichuan, to close Friday, affecting more than 100 flights and at least 10,000 passengers.The rain stopped in Chengdu Saturday and the airport was working around the clock to handle a record 640 flight landings and takeoffs.Many Chinese regions have reported casualties and losses caused by the rain.Hubei Province has seen 59 people dead and four missing by Saturday since heavy rains began to hit many regions on July 3, which incurred 8.92 billion yuan in economic losses.Shaanxi Province has reported four deaths since Thursday when downpours began to hit 13 counties and forced the evacuation of 260 people.The Three Gorges Dam on the Yangtze River, China's longest, raised water discharge speed again Saturday to save dam space for another round of rainfall coming in two or three days.The Three Gorges navigation administration said Saturday that it will close the ship lock if the floods gush in at a speed of up to 45,000 cubic meters per second.At least 146 people had been confirmed dead and 40 are missing in continuous rainstorms and consequent floods, reportedly worst in years in some regions, according to the Civil Affairs Ministry.

BEIJING, Aug. 19 (Xinhua) -- Chinese Vice Premier Zhang Dejiang has called on the country's centrally-administered state-owned enterprises to improve workplace safety and avoid accidents among workers.Zhang made the comments during an inspection tour in Beijing on Wednesday and Thursday to six major state companies, including China Petrochemical Corp., Shenhua Group Corp. Ltd., and China State Construction Engineering Corp.Further, Zhang urged these businesses to attach great importance to monitoring workplace safety and improving safety management systems.He asked enterprises to increase input in production safety management, promote research and development, as well as the application of new technologies and equipment that would help improve the safety of workers.Zhang also demanded efforts be made to improve staff trainings on creating safe work conditions.

BEIJING, Aug. 5 (Xinhua) -- China's National Meteorological Center forecast Thursday that heavy rains would continue during the next 24 hours in northeast China, a region already soaked following weeks of torrential rains.The observatory continued to issue an orange rain alert, the second most serious level, on Thursday, warning that rainstorms would hit most parts of the provinces of Liaoning, Jilin and Helongjiang over the next 24 hours, adding pressure to the country's efforts to combat floods.Rain-triggered floods have left 1,072 people dead and 619 others missing this year in China. Economic losses were estimated at 210 billion yuan (31.34 billion U.S. dollars), Shu Qingpeng, deputy director of the Office of State Flood Control and Drought Relief Headquarters, said Wednesday.Meanwhile, the observatory forecast that heat would continue in south China during the next 24 hours.Temperatures are likely to hit 35 to 38 degrees Celsius in southeast Shaanxi Province, some parts of Sichuan and Guizhou provinces and areas along the Huaihe River. Also, Hunan and Jiangxi provinces may see maximum temperatures reach 40 degrees Celsius within the next 24 hours.