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LOS ANGELES, Aug. 26 (Xinhua) -- The 2010 U.S.-China Real Estate Summit kicked off Thursday in San Gabriel, Los Angeles with the aim of building relations between top real estate players in the two countries.During the two-day summit, officials from all levels of both countries and experts in real estate-related areas will discuss U. S. economy stimulus, "green" low-carbon housing construction and ways to conduct real estate deals on both sides.Led by China's Real Estate Chamber of Commerce, more than 150 industry leaders from China are attending the summit, entitled " Real Estate Without Borders".Representatives from the U.S. side include Ed Roski, CEO/ Chairman of Majestic Realty, Henry Cisneros, former Secretary of Housing and Urban Development and current Execitive Chariman of CityView, and John Picard, founder of Picard Consulting.Speaking at the opening session, U.S. Congresswoman Judy Chu said great potentials remain to be tapped to promote cooperation between the United States and China in all fields, including the real estate.She said the two countries need to join hands in addressing the real estate problems facing them.These problems cannot be resolved by one side alone, she stressed.Albert Huang, Mayor of San Gabriel, said the summit offered a good opportunity for promoting bilateral cooperation in the real estate."For the first time, this summit brings industry leaders from the two largest economies in the world to discusss collaborations in real estate development and investment," said Huang, who hosted the summit. "It will undoubtedly assist economic development and job growth in our communities during this challenging economic environment."On the sidelines of the summit, guests from China will join dozens of scholars and experts of real estate business and architecture at a roundtable discussion at University of Southern California on Friday.
BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.

BEIJING, Aug. 9 (Xinhua) -- Chinese President Hu Jintao on Monday sent a message of condolence to his Russian counterpart Dmitry Medvedev over the forest fires that have killed more than 50 people in Russia.In his message, Hu, on behalf of the Chinese government and the people, conveyed to Medvedev his profound condolences for the victims and sincere sympathies to the families of those killed in the blazes.Hu said at this critical moment, the Chinese people are feeling the same as the Russian people do. China is willing to offer emergency disaster aid to Russia and support the Russians in fighting the wildfires.He said he believes that the Russian government and the people, under the leadership of Medvedev, will overcome this natural disaster of exceptional magnitude and rebuild their homes at an early date.Meanwhile, Chinese Premier Wen Jiabao on Sunday sent a condolence message to Russian Prime Minister Vladimir Putin over the deadly wildfires.Local media reported Sunday that areas under fire in central Russia has increased to 190,000 hectares and a total of 564 wildfire scenes were detected across Russia, as the country endured its hottest summer on record.
BEIJING, Aug. 12 (Xinhua) -- China's Ministry of Education said Thursday every primary and middle school student in mudslide-hit Zhouqu County will have new textbooks when the new school semester starts."We have asked publishing houses to rush to print and prepare textbooks for Zhouqu. All of them promised to have them ready by the start of the new semester," ministry spokeswoman Xu Mei said Thursday.Schools in Zhouqu in northwest China's Gansu Province are scheduled to begin the autumn semester on Aug. 16.Some 334,075 volumes of textbooks and support material for Zhouqu's primary and middle school students were kept in a storehouse belonging to the local Xinhua Bookstore that was destroyed by the massive mudslides.Primary and middle schools in Zhouqu need 180,000 textbooks for the new semester, the Ministry of Education said.Xu said the publishing houses will send the textbooks to the provincial Xinhua Bookstore in Gansu before Aug. 14.The ministry also vowed to ensure the supply of textbooks to other areas severely hit by natural disasters, including flood-hit Jilin Province in northeastern China.In addition, Xu Mei said poor students from disaster-hit areas entering college will receive preferential treatment in enrolment and in application for loans.The ministry has asked colleges to investigate the financial situation of freshmen from the disaster-hit areas.The death toll due to the massive mudslides in Zhouqu in the early hours of Sunday had, as of Wednesday, risen to 1,117, with 627 still missing.
GUANLING, Guizhou, July 1 (Xinhua) -- The death toll from a rain-triggered landslide in southwest China's Guizhou Province had risen to 13 after rescuers recovered another two bodies Thursday night, rescue headquarters said.Some 2,000 people continued the rescue operation, but the chance of survival for the other 86 villagers was slim after being buried under mud for three days, rescuers said.More bodies are expected to be found as rescuers comb the ruins."It is almost impossible for any of the trapped to be alive now. We are doing our utmost to retrieve the bodies. We hope that will bring closure for the bereaved families," said Li Jigao, a rescuer.Rescuers carry bundles of parcels for local villagers at the landslide ruins, in Dazhai Village, Gangwu Township, of Guanling Bouyei & Miao Autonomous County, southwest China's Guizhou Province, June 29, 2010.The landslide struck 37 homes in Dazhai Village, Gangwu Township of Guanling County, at 2:30 p.m. Monday.Some migrant workers have returned home after hearing their relatives were missing. A young woman in her twenties blacked out Thursday morning after seeing some clothing being dug out of the debris, said Liu Shisheng, an armed police officer."My grandfather is still buried there," said Huang Jiping, a senior student from Guizhou Normal University. He rushed home after hearing the tragedy.Despite the grief, he is helping children to resume classes as a "temporary teacher"."I major in education, and I think I can help," he said.More than 80 students resumed their classes in make-shift tents Thursday."In the first two days we were looking for survivors with life detectors and sniffer dogs. Today the priority has shifted to retrieving bodies," said rescuer Fan Wenjian.The landslide lasted for two minutes, and there was no warning.It would have been very difficult for the villagers to escape, said an official with the Guizhou Provincial Work Safety Bureau."The sound was much like thunder. When I looked back, the whole village had disappeared," said survivor Zhang Jin.The landslide consisted of about 1.5 to 2 million cubic meters of mud, and it was unstable and likely to trigger additional landslides, said Yin Yueping, a researcher with the Ministry of Land and Resources.At least 1,000 villagers living in the area have been evacuated.Torrential rains have been ravaging south China over the past two months. A once-in-three-century rainstorm was seen in Lingyun County of Guizhou's neighboring Guangxi Zhuang Autonomous Region from Sunday to Tuesday, and residents have to go outdoors by boat."It will take more than 10 days for the flood to wane because of the geological structure here," said Zhou Lixin, secretary of Lingyun's Luolou Town Committee of the Communist Party of China.Heavy rainstorms also hit east China's Shandong Province and northwest China's Qinghai Province. Flood water blocked the rail transport in Shandong for two hours, affecting 22 trains, Thursday.Local meteorological bureaus said heavy rains would continue to pound Shandong and some area of Qinghai Province.
来源:资阳报