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WASHINGTON, April 24 (Xinhua) -- China's central bank chief on Friday called for the International Monetary Fund (IMF) to accelerate its process to shift its quota to emerging market and developing countries."The quota structure is the core issue in Fund governance. The severe underrepresentation of emerging market and developing countries in the IMF seriously affects the Fund's legitimacy and effectiveness, and must be promptly corrected," said Zhou Xiaochuan, governor of People's Bank of China at the IMF and its sister institution -- the World Bank's spring meeting in Washington.The Group of 20 (G20) Pittsburgh Summit in September had called for a shift of at least 5 percentage points, and protection of the voting rights of the poorest countries before January 2011.But so far the quota adjustment process is slow. The previous quota reform, which was already approved by the IMFC -- the IMF's steering committee -- in 2008, has not been completed until now.Zhou said that the IMF is a quota-based institution, and quotas should be its primary resource.He emphasized that quota adjustment and reform is not a zero- sum game. "A Fund with a more reasonable governance structure will be better able to protect global economic and financial stability which will benefit all member countries. We urge the Fund to accelerate its work, and complete quota reviews on schedule in accordance with the G20 Pittsburgh Summit and IMFC objectives," Zhou said.According to the IMF's latest World Economic Outlook report, growth speeds of developing countries are much faster than the advanced economies, meaning their weight in the global economy is increasing dramatically.However, quota of the developing countries in the IMF is underrepresented."We expect the review to leave no member's quota share severely misaligned," Zhou said.

MOSCOW, April 23 (Xinhua) -- Russia will give humanitarian aid to quake-stricken China, a source at the Emergency Situations Ministry told Russian media on Friday."Under the Russian president's order, the ministry will deliver tents, blankets, diesel generators and food to China, about 40 tons of cargo in total," the ministry said, quoted by the Itar- Tass news agency.The flight is scheduled for Saturday, the source said."An Ilyushin Il-76 cargo plane of the ministry will bring the aid to the Qinghai province, which sustained the heaviest damage in the recent quake," the ministry said.Another plane will bring more aid to China in the near future.Last Wednesday, a 7.1-magnitude earthquake rocked the Tibetan Autonomous Prefecture of Yushu, in Qinghai province, killing over 2,000 people and injuring 10,000 others.

BEIJING, May 31 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, issued a circular Monday requiring banks to curb lending to energy-intensive industries, a move echoing government energy-saving and pollution-reduction measures.Banks must strictly review loan applications from companies in energy-consuming industries, the circular said, adding that only bank headquarters can extend loans to finance capacity expansion projects in energy-guzzling sectors.It also banned new credit to any projects not complying with government energy-saving policies.According to the circular, banks should conduct an overall review of loans to energy-intensive industries and report the results to the central bank by the end of June.The State Council, China's Cabinet, urged in early May all government departments make efforts to cut emissions and conserve energy to meet the country's target set in the 11th Five-Year Plan (2006-2010), according to which China will cut its per unit GDP energy consumption by 20 percent compared with 2005 levels by the end of 2010.

TAIYUAN, March 28 (Xinhua) -- The number of people trapped underground after a coal mine flooding in north China's Shanxi Province was revised -- for a second time -- to 153 from 123, rescuers said late Sunday night.Investigations showed that 261 workers were in the pit of Wangjialing Coal Mine under construction when underground water gushed in at about 1:40 p.m.. Of them, 108 were lifted safely to the ground while 153 others trapped in the shaft, according to the rescue headquarters."Most of the trapped are migrant workers from Shanxi, Hebei, Hunan and Guizhou provinces," a rescuer said.Chinese Vice Premier Zhang Dejiang (1st R, front) oversees the search and rescue operation at the site of a flooding accident of Wangjialing Coal Mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, in north China's Shanxi Province, on March 29, 2010. The number of people trapped underground after the flooding accident at Wangjialing Coal Mine was revised -- for a second time -- to 153 from 123, rescuers said late Sunday nightThe exact number of people trapped is still being checked.Soon after the accident happened, the Shanxi Provincial Work Safety Administration and the Shanxi Provincial Emergency Affairs Office said 152 people were trapped underground, but officials later changed the figure to 123.Rescuers are struggling to save the trapped people, and local authorities are investigating the cause of the accident.President Hu Jintao and Premier Wen Jiabao ordered local authorities to spare no effort to save the trapped while guarding against secondary accidents.Vice Premier Zhang Dejiang rushed to the site late Sunday to oversee the search and rescue operation.The mine, sitting astride Xiangning County of Linfen City and Hejin City of Yuncheng City, covers about 180 square kilometers.The mining zone boasts more than 2.3 billion tonnes of coal reserves, including nearly 1.04 billion tonnes of proved reserves, according to the company's official website.It is now under infrastructure construction and is expected to produce 6 million tonnes of coal annually once put into operation.The mine, affiliated to the state-owned Huajin Coking Coal Co. Ltd., is a major project approved by the provincial government