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BEIJING, June 12 (Xinhua) -- China's top economic planner Saturday forecast a "mild" year-on-year rise in the consumer price index (CPI), a main gauge of inflation, in June, resulting in an average CPI increase of around 2.6 percent in the first half.The projection by the National Development and Reform Commission (NDRC) came one day after China released its latest economic data.The latest estimate was revised up from a 2.5-percent CPI rise the NDRC projected on May 18.China's CPI hit a 19-month high with a 3.1 percent year-on-year increase in May, surpassing the central government's targeted 3 percent annual inflation limit.During the January-May period, China's CPI rose 2.5 percent year on year.According to the NDRC's projection posted on its website, China's June CPI will dip slightly month on month, but still post a "mild year-on-year increase" due to the low comparison basis in the same month last year.The NDRC said positive factors for basic price stability were on the increase, citing sharp falls in international commodities prices, the government's macro control policies and a crack-down on farm produce speculation as well as a possible good grain harvest this summer.Sheng Laiyun, spokesman for the National Bureau of Statistics, said Friday at a press conference that China had the basics for keeping prices under control this year."Although China faces quite a lot of pressure, the 3-percent target (for the whole year) is still possible with effort," he said.

ZHOUQU, Gansu, Aug. 14 (Xinhua) -- The death toll from the massive mudslide in northwest China's Gansu Province has risen to 1,156 as of 4 p.m. Friday, with 588 still missing, local authorities said.The toll stood at 1,144 by Thursday afternoon.More than 1,500 survivors are living in tents or school classrooms while 8,300 have sought shelter with relatives and friends, said Zhao Minxue, head of the publicity department in Gannan Tibetan Autonomous Prefecture which administers Zhouqu.Water and power supplies, and telecommunication services in Zhouqu are gradually back to normal thanks to swift repair efforts.Power has been resumed in the key regions of the county seat and at 60 percent of households, the provincial information office said in a statement Friday.Relief teams are digging new wells after finding two new drinking water sources and 21 unpolluted wells, it said.Gansu had received 120.4 million yuan (17.7 million U.S. dollars) in cash donations and relief materials by Friday afternoon, the provincial department of civil affairs said.Meanwhile, relief workers continued to clear the water course of the Bailong River, which overflowed after being blocked by debris, amid fears that more downpours could trigger new floods and mudslides.Rescuers tried to give dignity to the deceased as they were striving to search bodies in the debris. But this was no easy work sometimes as many bodies were buried meters deep in sludge."All the soldiers have done their best," said survivor Bai Chengxiang, 24. "If they could not find the remains of my aunt's family, I will have to accept the reality."

BEIJING, July 22 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), weakened to 6.7859 per U.S. dollar Thursday from 6.7802 per U.S. dollar Wednesday, 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.

BEIJING, June 11 (Xinhua) -- Economic data for May released Friday showed that China was eyeing rising inflation and slowing economic growth, indicative of what the "the most complicated year" meant for the country's economy.Experts said the mixed bag of economic data would make it difficult for China's policymakers in the coming months.China's consumer price index (CPI), a main gauge of inflation, rose in May to 3.1 percent, the highest since November 2008, according to figures released by the National Bureau of Statistics (NBS) Friday.The NBS also reported that growth of industrial value-added output slowed to 16.5 percent in May from 17.8 percent in April.Urban fixed assets investment for the first five months rose 25.9 percent year on year, 0.2 percentage points down from the first four months.INFLATION QUICKENSThe 3.1 percent CPI growth was up 0.3 percentage points from April's rise of 2.8 percent. In the first five months, China's CPI rose 2.5 percent year on year.The May figure exceeded the government's year-average target of 3 percent set in March.The producer price index (PPI), a major measure of inflation at the wholesale level, rose 7.1 percent year on year in May, up 0.3 percentage points from April's 6.8 percent.In May, the CPI in China's urban areas increased 2.9 percent and in rural regions by 3.3 percent. Food prices, which accounted for about a third of the weighting in calculating the CPI, rose 6.1 percent.

BEIJING, July 12 (Xinhua) -- Thousands of Chinese have joined a heated discussion about new rules that are designed to curb corruption and increase transparency about the assets of government officials.A regulation that took effect Sunday extends the list declarable assets for officials and introduces dismissal as the maximum penalty for failing to report assets honestly and promptly.The regulation adds six more items to the list of declarable assets issued in 2006, bringing the total to 14. The new items include incomes from sources like lecturing, painting and calligraphy; homes owned by spouses and children; and equities and investments owned by officials, their spouses and children.A FIRM STEPThe new rules have struck a public chord and almost 50,000 people had left comments on China's two biggest Internet portal websites on Monday. Thousands more were joining the discussion on other news sites and discussion forums.More than 36,500 people had made online comments on a news entry about the regulation on leading portal Sohu.com as of 1:30 p.m., and more than 11,000 comments on an entry at Sina.com.cn.Most of the published postings welcomed the new rules, but some said they should go further."The fight against corruption has a long way to go, but I am really glad to see each firm step taken by the central authorities," said a posting from Shanghai on Sina."We want to see more detailed provisions and harsher punishments in the rule," said a post by "Shihuiwen 197" on Sohu.The regulation was issued by the General Office of China's State Council and the General Office of the Communist Party of China (CPC) Central Committee.It requires officials at deputy county chief level and above to annually report their assets, marital status and whereabouts and employment of family members.It also empowers local provincial level CPC committees and governments to expand the regulations to officials below deputy county chief level.A CPC statement said Monday that most village or town chief level officials are prone to power-for-money transactions and corrupt actions as they are dealing with practical issues involving personnel, finance and materials.But as there are a large number of them, requiring all of them to report personal information will require much work and high costs, said the statement jointly issued by the CPC Central Commission for Discipline Inspection (CCDI) and the CPC Central Committee's Organization Department.So the central authority left the decision to local governments to decide based upon their own conditions, it said.New requirements for officials to report homes and investments reflected the need to change disciplinary structures in line with changing social and economic values, said Professor Liu Chun, deputy dean of the Graduate Institute of the Party School of the CPC Central Committee.