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TAIPEI, June 21 (Xinhua) -- The economic authority of Taiwan has approved investment totaling 77.13 million U.S. dollars from the Chinese mainland, according to a statistics report released Monday.From the end of June last year when Taiwan opened to mainland investment, the authority had approved 52 investment projects on the island by the end of May, said the report from the authority.The top three industries for mainland investment -- accounting for 44.84 percent of the total mainland investment -- were computers, electronics and optical products manufacturing.At the same time, the mainland saw a sharp increase in investment from Taiwan. In the first five months of this year, the Taiwan authority approved investments in 187 projects on the mainland.New investment from Taiwan on the mainland from January to May totalled 4.59 billion U.S. dollars, a year-on-year increase of 239.9 percent.About 75 percent of the Taiwan investment in the first five months went to Jiangsu, Guangdong, Fujian and Shandong provinces, said the report.
TAIYUAN, July 1 (Xinhua) -- Eight of nine miners trapped underground Wednesday at a flooded coal mine in north China's Shanxi Province were confirmed alive, while another remains uncontactable, said local mine safety authorities.As of 11:30 p.m. Wednesday, eight miners trapped 1,380 meters below ground had contacted the rescuers and they would be rescued soon.The accident happened around 5 p.m. at Shengping Coal Mine in Jixian County when 23 miners were performing repair work underground. Fourteen miners managed to escape.The Shengping Coal Mine, owned by the Shanxi Coal Transportation and Sales Group Co., Ltd., has an annual capacity of 900,000 tonnes of coal.

BEIJING, July 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), stood at 6.7718 per U.S. dollar Monday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.
MELBOURNE, Australia, June 19 (Xinhua) -- Visiting Chinese Vice President Xi Jinping met with John Brumby, Premier of Victoria state later Saturday.Xi Jinping, who is visiting Australia at the invitation of Prime Minister Kevin Rudd, said his visit aims to enhance mutual trust and friendship, promote extensive exchanges and cooperation and he is to meet Australian leaders and friends of different sectors during the visit.Xi said exchanges and cooperation at state and province level are important to bilateral relations. In recent years, friendly cooperation between Victoria state and China has achieved positive results, especially in trade and education sectors.(Xinhua/Liu Weibing) (ypf)" hspace="0" src="/d/file/p/2010/06/e99cfd599976853f5e524c867d176e88.jpg" border="0" />Chinese Vice President Xi Jinping (R) meets with Australia's Victorian Premier John Brumby in Melbourne, Australia, June 19, 2010. Xi arrived at Melbourne on Saturday afternoon, starting his official visit to Australia, the last leg of his four-nation visitsXi said the Chinese government and relevant provinces and cities in China attach great importance to further exchange and cooperation with the state of Victoria.He said joint efforts can be made in technological cooperation, especially the high technology sector, research and manufacturing of clean energy automobiles. The two sides can make the most of their high level of complementary properties of trade and investment relations and at the same time deepen cooperation in agriculture.People-to-people relations are also important, Xi said, adding that the two sides need to further encourage education and travel by having more university-level exchanges, training, visiting scholar programs, technological and educational cooperation.Xi said this year's Shanghai World Expo, the year of Australian culture in Beijing as well as next year's China year in Australia are providing opportunities for more people-to-people exchanges and links. He said with joint efforts, friendly cooperation between Victoria and China will provide genuine benefits to the peoples.Premier Brumby gave Vice President Xi a warm welcome for making Melbourne the first leg of his visit to Australia. Brumby said, given cooperation in extensive areas, relations between Australia and China enjoy a strong trend. The existing cooperation in energy, resources, mineral, culture, education and travel has been very fruitful.
BEIJING, June 13 (Xinhua) -- Experts from the Chinese mainland and Taiwan Sunday started their third round of talks in Beijing to pave the way for a long-awaited pact to boost cross-Strait economic ties.During the talks, the two sides will discuss the main content of the Economic Cooperation Framework Agreement (ECFA), and goods and services trade in the "early harvest program."The ECFA is intended to normalize mainland-Taiwan economic ties and bring the two economies closer.The first round of talks took place in January in Beijing, and the second two months later in Taipei.Fan Liqing, spokeswoman of the State Council's Taiwan Affairs Office, told a press conference Saturday that negotiations had made pronounced progress and were approaching completion.Yang Yi, another spokesman of the same organization, was reported as saying in March that the two sides should work together to complete the pact in June.Chiang Pin-kung, chairman of Taiwan's Straits Exchange Foundation (SEF), said on April 2 the SEF also hoped to see the signing of the ECFA by the end of June.
来源:资阳报