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BEIJING, June 18 (Xinhua) -- China has become the world's third largest stock market as total market value of the Shanghai and Shenzhen markets hit 20.96 trillion yuan (3.07 trillion U.S. dollars) as of the end of May, the country's securities regulator said Friday.The total market value so far was up 393.76 percent compared to the 2003 level, the China Securities Regulatory Commission said.

BEIJING, June 25 (Xinhua) -- Floods in China have killed 377 people this year, as of Friday, and left 142 others missing, the Office of State Flood Control and Drought Relief Headquarters said Friday in a statement on its website.Further, flooding in 2010 has affected 64.57 million people in China's 22 provinces, municipalities and regions, as well as inundating about 4 million hectares of crops, the statement said.A total of 4.35 million people have been evacuated due to the flood waters, which destroyed 368,000 homes and caused economic losses reaching 75.6 billion yuan (11.13 billion U.S. dollars), according to the statement.Chinese Premier Wen Jiabao visited flood-hit Fuzhou City in the eastern province of Jiangxi Thursday to inspect the fight against flooding and review disaster relief efforts. Wen also asked local officials to send more relief funds and materials to ensure that basic living needs of flood victims are met.

BEIJING, Aug. 17 (Xinhua) -- Chinese President Hu Jintao and his Russian counterpart Dmitry Medvedev discussed disasters and bilateral relations during a telephone conversation Tuesday.Medvedev conveyed his heartfelt condolences to China over its worst mudslides in decades and the great loss of life and property, expressing belief the Chinese government and people would overcome all difficulties and prevail over the disaster.He hoped the people injured would make a quick recovery and the mudslides-hit area would rebuild soon, noting that Russia was willing to provide assistance and support for China.Hu said the Chinese government had reacted immediately to the disaster in Zhouqu County of China's Gansu Province and was fully focused on the rescue and relief operations.Safeguarding the safety of civilians was the Chinese government's top priority and it had tried its best to rescue the people stricken by the Aug. 8 mudslides, which have left 1,254 people killed and 490 others missing so far, he said.Currently, relocation of the people affected, rescue and treatment of the injured, epidemic prevention, and reconstruction of infrastructure were underway in an urgent but orderly manner, he said.Hu also expressed China's appreciation of the Russian government and people after President Medvedev and Prime Minister Vladimir Putin had been quick to send their condolences and offered help, respectively.China was also greatly concerned by Russia's deadly wildfires and identified with Russia over its great loss of life and property, said the Chinese president, adding that China had offered assistance.Under the staunch leadership of the Russian government, the Russian people did their best to fight the wildfire and effectively safeguarded the safety of its people and property, said Hu, who once again sent condolences to Russia on behalf of the Chinese government and people.

BEIJING, July 15 (Xinhua) -- China issued an orange alert on Thursday for wave surges, the second highest level warning, forecasting that Typhoon Conson may reach land Friday on the southeast coast of China' s Hainan province.The National Marine Environment Forecast Center warned of a 6-metre wave surge in the middle and the north of the South China Sea from Thursday night through Friday.Meanwhile, warnings were also issued for a possible 5-metre wave surge off the east shore of Hainan province and a 3-metre wave surge off the west shore of Guangdong province and the southern coast of Hainan.The Center also issued a yellow-level alert for a storm surge which might affect Guangdong and Hainan province.The center suggested local governments gear up for a disaster response.Conson is currently wreaking havoc in the Philippines, killing at least 26 people and injuring 14 others as of Thursday.

BEIJING, June 18 (Xinhua) -- Many Chinese parents do not like their children using the Internet and a majority of them worry that surfing Internet could negatively affect children's school work, according to a blue paper on Internet use by minors in China released Friday.The blue paper says 42.6 percent of the parents surveyed "strongly oppose their children's use of Internet" or "relatively oppose", while as high as 78.4 percent say they worry that surfing Internet could adversely affect children's study. Another 44.9 percent worry about their children's exposure to pornography online.The blue paper was jointly published by the career development center for Chinese Young Pioneers, the Center for Humanities and Social Sciences Studies by Young Scholars at the Chinese Academy of Social Sciences and the Social Science Academic Press.This was the first blue paper on Chinese youngsters, and the figures in the report were based on a survey conducted from 2006 to 2009, Li Wenge, director of the career development center for the Chinese Young Pioneers, said at a press conference for the release of the blue paper here Friday.Li said the respondents surveyed were elementary and middle school students as well as their parents and teachers in both urban and rural areas, developed and less-developed areas in 11 provincial-level regions in China.According to the blue paper, 46.9 percent of the online community users are under 25 years old.However, there are very few websites designed especially for minors, and children did not know