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HANGZHOU, Sept. 10 (Xinhua) -- Tropical storm Meranti hit east China's Zhejiang Province at 7 p.m. Friday after leaving the neighboring province of Fujian where about 150,000 people were evacuated, said local authorities.Typhoon Meranti weakened to a tropical storm at 2 p.m. in Fujian Province, and then to a tropical depression at 8 p.m. in Zhejiang.The tropical depression was tracked as it passed through Lishui City of Zhejiang at 8 p.m., with a wind speed of 54 km per hour near its center, according to Zhejiang provincial flood control authorities.The storm is moving northeastward at 20 km per hour, and may leave Zhejiang Saturday morning or further weaken, according to the Zhejiang meteorological center.Photo taken on Sept. 10, 2010 shows high waves hitting a port in Pinghai Town of Putian, southeast China's Fujian Province, Sept. 10, 2010. Meranti, the 10th typhoon that hit China this year, made landfall at Fujian on Friday, according to provincial flood control authorities.Earlier Friday Meranti made landfall at Shishi city in Fujian at 3:30 a.m., packing winds of up to 126 km per hour near its center, according to provincial flood control authorities.A total of 145,300 people in Fujian were evacuated to avoid rain and wind triggered accidents.Also, about 33,200 fishing boats returned to port before 8:00 p.m. Thursday to take refuge from the typhoon.Meranti has brought up to 88 mm of rain to Shishi, according to a statement released by the city's flood control and drought relief headquarters.More than 100 hectares of crops were submerged and direct economic losses have reached 15.35 million yuan (2.27 million U.S. dollars), the statement said.In Shishi's neighboring Jinjiang city, over 100 power supply lines have been cut and more than 650 workers in 53 teams have been organized for the repair work.Rainstorms were also seen in the cities of Putian, Fuzhou and Ningde Friday.Meranti is also forecast to bring rains to Anhui Province from Saturday and threaten more than 5 million mu (about 333,000 hectare) of crops.The National Meteorological Center said in a statement that the storm will bring strong winds and torrential rains to parts of southern China until late Friday night.

BEIJING, Oct. 13 (Xinhua) -- Chinese Vice Premier Wang Qishan Wednesday held phone talks with U.S. Commerce Secretary Gary Faye Locke and Trade Representative Ron Kirk to discuss expansion of China-U.S trade cooperation.Wang and Locke, who is also co-chair of the China-U.S Joint Commission on Commerce and Trade (JCCT), agreed to enhance the exchange of opinions between two countries and expansion of bilateral cooperation, to ensure the upcoming 21st JCCT would be able to make positive achievements, and contribute to promoting sound and stable development of the China-U.S relationship.The JCCT was established in 1983 as a platform for the two countries to promote trade relations and address issues of mutual concern. The 20th JCCT was held in east China's Hangzhou City on Oct. 28-29, 2009.

BEIJING, Sept. 14 (Xinhua) -- Top Chinese legislator, Wu Bangguo, has urged government departments to take effective measures to solve shortages of drinking water and improve the living standards for residents in an impoverished northwestern area of the country."It is a long-term strategic task and an urgent livelihood project to improve the environment and basic living standards in the impoverished areas in Ningxia," said Wu Bangguo during an inspection in northwest China's Ningxia Hui Autonomous Region.Wu, Chairman of the Standing Committee of the National People's Congress (NPC) Standing Committee, urged officials to solve the region's drinking water problem in about three years and accelerate the evacuation of local residents to places with better environment.Wu Bangguo (2nd L), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, inspects a paper manufacture enterprise of northwest China's Ningxia Hui Autonomous Region, Sept. 11, 2010. Wu made an inspection tour in Ningxia from Sept. 10 to 14With an inhospitable natural environment coupled with a severe ongoing drought, the central and southern regions of Ningxia are one of the key impoverished areas for the country to support.Wu visited a mountainous village called Haigou, where the average annual income per capita is only about 2,700 yuan (400 U.S. dollars).Some 251 villagers of the Hui ethnic group are living in the village, and they have been suffering shortages of drinking water due to water and soil losses.

BEIJING, Sept. 6(Xinhuanet)  - China bucked international trends in both outbound and inward investment, official figures have revealed.China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of .5 billion, compared to a ranking of 12th in 2008, the Ministry of Commerce said on Sunday.On top of this, foreign direct investment (FDI) this year was set to "surpass 0 billion", compared to billion last year, ministry officials predicted.Globally, foreign investment decreased by almost 40 percent last year amid the financial downturn and is expected to show only marginal growth this year.The growth in both outbound investment from, and inbound investment to, China reflects the nation's rising economic power and attractiveness as an investment destination. China's annual outbound direct investmentThe ministry made the announcements during a press conference held in Xiamen on the upcoming United Nations Conference on Trade and Development (UNCTAD) World Investment Forum and the 14th China International Fair for Investment and Trade. Both forums will start on Tuesday.According to the ministry, China's ODI grew by 1.1 percent from a year earlier to .53 billion, which includes investment of .8 billion in non-financial sectors worldwide, up 14.2 percent year-on-year.Last year was the eighth consecutive year that the nation's ODI had grown. In this period the average annual growth rate stood at more than 50 percent."China is now the fifth largest investing nation worldwide, and the largest among the developing nations," said Shen Danyang, vice-director of the ministry's press department.In 2009, global ODI volume reached .1 trillion, and China contributed about 5.1 percent of the total.But "this is just a beginning." Although the figure is already "quite amazing," the volume is "not large enough" considering China's economic growth and local companies' expanding demand for international opportunities, Shen said."The growth rate (for ODI) in the next few years will be much higher than previous years," Shen said, without elaborating.China's ODI growth witnessed strong momentum this year. From January to June, the ODI in financial sectors was up by 43.9 percent to .84 billion, and in July alone, the ODI recorded .91 billion, the highest this year.Liu Zuozhang, director of the investment promotion agency under the commerce ministry, told China Daily that China's ODI in non-financial sectors would probably grow to billion this year.But while more Chinese companies were investing overseas, barriers and protectionism against Chinese investment were strengthened as well.Fan Chunyong, standing deputy chief of the China Industrial Overseas Development and Planning Association, said the challenge would not affect the upward trend of the ODI."China's ODI will go up to 0 billion in 2013, and the Chinese accumulative overseas investment will reach 0 billion by then," said Fan.According to the ministry, by the end of 2009, 13,000 Chinese enterprises had invested in 177 nations and regions worldwide, and the largest volume of funds went to the Asia-Pacific region. Europe and Africa ranked second and third in absorbing Chinese investment.Figures also revealed that more Chinese enterprises were focused on developed nations and emerging markets. During the first half of the year, China's ODI to the United States and the European Union rocketed by 360 percent and 107.2 percent respectively year-on-year. And investment into ASEAN and Russia grew by 125.7 percent and 58.5 percent.Jinny Yan, economist from Standard Chartered Shanghai, predicted that the EU would continue to be a hotspot for China's outbound investment in the coming months thanks to the ongoing European debt woes.As for FDI, Shen predicted it would reach a record high of 0 billion this year as China's consumption capacity gradually picked up and the nation's efforts on creating an open and transparent investment environment paid off.Responding to recent complaints by foreign businesses on the "worsening" investment environment, he said it "highlights foreign businesses are attaching more importance to the Chinese market".A report by the European Chamber of Commerce released last Thursday said China had made progress on improving its investment environment, but still needed to do more, especially on market access and the regulatory environment.While global FDI slumped by almost 40 percent last year, China's FDI was down by a mere 2.6 percent, according to the UNCTAD. China remained the second largest recipient nation of FDI, following the US.During the first seven months, China's FDI increased by 20.7 percent to .35 billion, and FDI in July surged by 29 percent.Zhan Xiaoning, director of the investment and enterprise division under the UNCTAD, said China was taking the leading role in the FDI recovery worldwide, even though FDI growth was not a cause for optimism globally.

BRASILIA, Sept. 7 (Xinhua) -- At the invitation of Brazilian Defense Minister Nelson Jobim, Chinese Defense Minister Liang Guanglie arrived on Tuesday in the Brazilian Air Base to begin a goodwill visit to the South American country.In a written speech released upon his arrival, Liang, also Chinese state councilor, offered his sincere greetings and good wishes to the Brazilian people and armed forces on behalf of the Chinese Ministry of National Defense and the Chinese People's Liberation Army.Liang said the aim of his visit is to strengthen mutual understanding between the two armies, deepen friendship, promote cooperation, and explore more areas for cooperation between the armed forces of the two countries.Liang said that China is keen to develop bilateral relations of the armies, to deepen military cooperation with Brazilian side, to promote relations between the two countries, and devote their due contributions to safeguarding international and regional stability and safety.During his stay here, Liang will also meet his Brazilian counterpart Nelson Jobim and other high-ranking officials in Brazil. He will also visit some military bases in the South American country.This is the last leg of Liang's tour of three Latin American countries, which also took him to Mexico and Colombia.