The investment of foreign capital in agriculture in Jiangsu province is increasing daily .

The investment of foreign capital in agriculture in <gpe>Jiangsu province</gpe> is increasing daily .


To date , the number of projects with direct foreign investment in agriculture in Jiangsu province has reached 800 , with a sum of money of more than 800 million US dollars .

To date , the number of projects with direct foreign investment in agriculture in <gpe>Jiangsu province</gpe> has reached <cardinal>800</cardinal> , with a sum of money of <money>more than 800 million US dollars</money> .


An official from the Jiangsu Agriculture and Forestry Department said that , since 1994 the number of " three - capital " enterprises that have been approved by the agricultural system of Jiangsu province has exceeded 500 , and the amount of foreign capital being put to use was more than 700 million US dollars , which represented threefold and sevenfold increases , respectively , over the years before 1993 .

An official from <org>the Jiangsu Agriculture and Forestry Department</org> said that , since <date>1994</date> the number of " <cardinal>three</cardinal> - capital " enterprises that have been approved by the agricultural system of <gpe>Jiangsu province</gpe> has exceeded <cardinal>500</cardinal> , and the amount of foreign capital being put to use was <money>more than 700 million US dollars</money> , which represented <ordinal>threefold</ordinal> and <ordinal>sevenfold</ordinal> increases , respectively , over <date>the years before 1993</date> .


The foreign investment increase from the US , Japan and Singapore was comparatively larger .

The foreign investment increase from the <gpe>US</gpe> , <gpe>Japan</gpe> and <gpe>Singapore</gpe> was comparatively larger .


The proportion of foreign investment in the new projects is growing larger and larger and the number of exclusively foreign - owned enterprises has markedly increased .


The rapid increase in foreign investment has , to a certain extent , made up for investment shortfalls in agriculture in Jiangsu province and has expedited the development and utilization of agricultural resources .

The rapid increase in foreign investment has , to a certain extent , made up for investment shortfalls in agriculture in <gpe>Jiangsu province</gpe> and has expedited the development and utilization of agricultural resources .


According to statistics , currently in Jiangsu province the enterprises for processing agricultural and allied products that have output values exceeding 100 million yuan RMB already number more than 100 .

According to statistics , currently in <gpe>Jiangsu province</gpe> the enterprises for processing agricultural and allied products that have output values exceeding <money>100 million yuan RMB</money> already number <cardinal>more than 100</cardinal> .


Using a loan from the Japanese government and the direct investment of foreign companies , the Lianyugang Ruyi Group has built a vegetable processing and marketing enterprise that is the largest in export volume and has the greatest variety in China at present .

Using a loan from the <norp>Japanese</norp> government and the direct investment of foreign companies , <org>the Lianyugang Ruyi Group</org> has built a vegetable processing and marketing enterprise that is the largest in export volume and has the greatest variety in <gpe>China</gpe> at present .


Using foreign investment , Jiangsu has also introduced nearly 100 varieties of fine produce such as beer barley , California perch , Luoshi pond shrimp , fine poultry , lean meat pigs and vegetables , and flowers and plants , along with advanced production and processing technology , and it has substantially raised agricultural production levels .

Using foreign investment , <gpe>Jiangsu</gpe> has also introduced nearly <cardinal>100</cardinal> varieties of fine produce such as beer barley , <gpe>California</gpe> perch , <gpe>Luoshi</gpe> pond shrimp , fine poultry , lean meat pigs and vegetables , and flowers and plants , along with advanced production and processing technology , and it has substantially raised agricultural production levels .


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Xinhua News Agency , Shantou , December 20th

<org>Xinhua News Agency</org> , <gpe>Shantou</gpe> , <date>December 20th</date>


Due to the improvement of investment environment and the good momentum of development , Shantou 's new high level technology development zone has drawn domestic and overseas investors ' attention .

Due to the improvement of investment environment and the good momentum of development , <gpe>Shantou</gpe> 's new high level technology development zone has drawn domestic and overseas investors ' attention .


Some scientists from Chaozhou that live in the US Silicon Valley have expressed their desire to come establish new high level technology industries in the zone .

Some scientists from <gpe>Chaozhou</gpe> that live in the <gpe>US</gpe> <loc>Silicon Valley</loc> have expressed their desire to come establish new high level technology industries in the zone .


The president of Motorola -LRB- China -RRB- , and some people from Ericsson also came to the development zone to negotiate project investment , while firms from Taiwan said that they would establish scientific and technological and software development companies in the zone .

The president of <org>Motorola</org> -LRB- <gpe>China</gpe> -RRB- , and some people from <org>Ericsson</org> also came to the development zone to negotiate project investment , while firms from <gpe>Taiwan</gpe> said that they would establish scientific and technological and software development companies in the zone .


At present , Shangtou new high level technology development zone has accumulatively invested 1.8 billion yuan and completed construction of 370,000 square meters of factory space .

At present , <gpe>Shangtou</gpe> new high level technology development zone has accumulatively invested <money>1.8 billion yuan</money> and completed construction of <quantity>370,000 square meters</quantity> of factory space .


The basic necessary facilities in the zone , such as water , electricity , communication , bonded warehouses , etc. , have been completed and put into use .


By the beginning of November of this year , there were a total of 177 projects entering the zone , with an investment total of 6.4 billion yuan , among which foreign capital accounted for almost 50 % and 7 of the enterprises entering the zone have been regarded as national level new high level technology enterprises .

By <date>the beginning of November of this year</date> , there were a total of <cardinal>177</cardinal> projects entering the zone , with an investment total of <money>6.4 billion yuan</money> , among which foreign capital accounted for <percent>almost 50 %</percent> and <cardinal>7</cardinal> of the enterprises entering the zone have been regarded as national level new high level technology enterprises .


This year , the whole zone has accumulatively completed industrial output of 3.7 billion yuan , total income of 4.55 billion yuan from technology , industry and trade , export trade of 127.47 million US dollars and has achieved the tax and profit of 360 million yuan .

<date>This year</date> , the whole zone has accumulatively completed industrial output of <money>3.7 billion yuan</money> , total income of <money>4.55 billion yuan</money> from technology , industry and trade , export trade of <money>127.47 million US dollars</money> and has achieved the tax and profit of <money>360 million yuan</money> .


At the same time , Shantou City has also drafted and promulgated more than 10 rules , regulations , policies and measures and encouraged the establishment of technology and knowledge intensive new high level industries .

At the same time , <gpe>Shantou City</gpe> has also drafted and promulgated <cardinal>more than 10</cardinal> rules , regulations , policies and measures and encouraged the establishment of technology and knowledge intensive new high level industries .


Xinhua News Agency , Hong Kong , December 22nd , by reporters Chengbin Sun and Dongju Zhu

<org>Xinhua News Agency</org> , <gpe>Hong Kong</gpe> , <date>December 22nd</date> , by reporters <person>Chengbin Sun</person> and <person>Dongju Zhu</person>


While receiving a special interview by reporters recently , Yuzhen Ma , special appointee to the Ministry of Foreign Affairs ' Special Appointee Office in Hong Kong , introduced relevant affairs of the office in its all - out assistance and support of the SAR government in handling authorized foreign affairs by itself in the past half year since its establishment .

While receiving a special interview by reporters recently , <person>Yuzhen Ma</person> , special appointee to <org>the Ministry of Foreign Affairs '</org> <org>Special Appointee Office</org> in <gpe>Hong Kong</gpe> , introduced relevant affairs of the office in its all - out assistance and support of the <org>SAR</org> government in handling authorized foreign affairs by itself in <date>the past half year</date> since its establishment .


He said that under the leadership of the Central People 's Government and the Ministry of Foreign Affairs , in the past half year , the Government Office had assisted representatives of the SAR government to participate in nearly thirty international conferences as members of the Chinese government delegation ; forwarded many central government 's authorization letters to the SAR government ; agreed on the SAR government 's move to negotiate with more than thirty countries on more than forty bilateral agreement documents in six fields ; provided the SAR government with a detailed list of more than 200 international treaties applicable to Hong Kong , and helped the SAR government to resolve legal issues concerning international rights and obligations ; assisted the SAR government in implementing the eleven sanction resolutions made by the UN Security Council ; assisted the SAR government in the preparatory work for organizing the World Bank annual meeting and the International Monetary Fund Organization annual meeting ; and gave co-ordination and support in receiving the foreign heads of state visiting Hong Kong and the SAR government leaders ' visiting abroad .

He said that under the leadership of <org>the Central People 's Government</org> and <org>the Ministry of Foreign Affairs</org> , in <date>the past half year</date> , <org>the Government Office</org> had assisted representatives of the <gpe>SAR</gpe> government to participate in <cardinal>nearly thirty</cardinal> international conferences as members of the <norp>Chinese</norp> government delegation ; forwarded many central government 's authorization letters to the <gpe>SAR</gpe> government ; agreed on the <gpe>SAR</gpe> government 's move to negotiate with <cardinal>more than thirty</cardinal> countries on <cardinal>more than forty</cardinal> bilateral agreement documents in <cardinal>six</cardinal> fields ; provided the <gpe>SAR</gpe> government with a detailed list of <cardinal>more than 200</cardinal> international treaties applicable to <gpe>Hong Kong</gpe> , and helped the <gpe>SAR</gpe> government to resolve legal issues concerning international rights and obligations ; assisted the <gpe>SAR</gpe> government in implementing the <cardinal>eleven</cardinal> sanction resolutions made by <org>the UN Security Council</org> ; assisted the <gpe>SAR</gpe> government in the preparatory work for organizing the <org>World Bank</org> annual meeting and the <org>International Monetary Fund Organization</org> annual meeting ; and gave co-ordination and support in receiving the foreign heads of state visiting <gpe>Hong Kong</gpe> and the <gpe>SAR</gpe> government leaders ' visiting abroad .


Yuzhen Ma thinks that the work done by the Government Office is beneficial for maintaining Hong Kong 's position as a center of international finance , trade , shipping , tourism , and information , is beneficial for improving the international position of Hong Kong , and is beneficial for developing Hong Kong 's foreign relations .

<person>Yuzhen Ma</person> thinks that the work done by <org>the Government Office</org> is beneficial for maintaining <gpe>Hong Kong 's</gpe> position as a center of international finance , trade , shipping , tourism , and information , is beneficial for improving the international position of <gpe>Hong Kong</gpe> , and is beneficial for developing <gpe>Hong Kong 's</gpe> foreign relations .


He said that the Government Office had also actively coordinated with China 's embassies and consulates abroad to closely contact and co-operate with relevant departments of the SAR government for the assistance in handling seven relatively large outstanding events involving benefits and safety of Hong Kong citizens , such as the Phnom Penh Airplane Disaster , the case of the overturned Filipino Yacht , the case of Hong Kong fishermen that were detaining by The Philippines and Japan , and the Phnom Penh Military Conflicts , etc .

He said that <org>the Government Office</org> had also actively coordinated with <gpe>China</gpe> 's embassies and consulates abroad to closely contact and co-operate with relevant departments of the <gpe>SAR</gpe> government for the assistance in handling seven relatively large outstanding events involving benefits and safety of <gpe>Hong Kong</gpe> citizens , such as <event>the Phnom Penh Airplane Disaster</event> , the case of the overturned <norp>Filipino</norp> Yacht , the case of <gpe>Hong Kong</gpe> fishermen that were detaining by The <gpe>Philippines</gpe> and <gpe>Japan</gpe> , and <event>the Phnom Penh Military Conflicts</event> , etc .


Moreover , the Government Office had also solved over ninety other cases of consul protection .

Moreover , <org>the Government Office</org> had also solved <cardinal>over ninety</cardinal> other cases of consul protection .


In the process of consul protection , it timely forwarded information provided by China 's embassy and consulate staff to foreign countries concerning Hong Kong citizens to the SAR government , and timely fed back the relevant requests of their relatives to China 's embassies and consulates to foreign countries and concerned parties .

In the process of consul protection , it timely forwarded information provided by <gpe>China</gpe> 's embassy and consulate staff to foreign countries concerning <gpe>Hong Kong</gpe> citizens to the <gpe>SAR</gpe> government , and timely fed back the relevant requests of their relatives to <gpe>China</gpe> 's embassies and consulates to foreign countries and concerned parties .


Yuzhen Ma stressed that according to the relevant regulations in the basic law , the SAR government enjoys a wide range of authority in foreign affairs .

<person>Yuzhen Ma</person> stressed that according to the relevant regulations in the basic law , the <gpe>SAR</gpe> government enjoys a wide range of authority in foreign affairs .


With regard to authorized foreign affairs , the Government Office strictly abides by basic law regulations , and only provides the SAR government with support and assistance , playing a co-ordination and liaison role , while the SAR government is wholly responsible for the handling of specific affairs .

With regard to authorized foreign affairs , <org>the Government Office</org> strictly abides by basic law regulations , and only provides the <gpe>SAR</gpe> government with support and assistance , playing a co-ordination and liaison role , while the <gpe>SAR</gpe> government is wholly responsible for the handling of specific affairs .


He said that safeguarding Hong Kong citizens ' legal rights and interests overseas is an important component of the Government Office work .

He said that safeguarding <gpe>Hong Kong</gpe> citizens ' legal rights and interests overseas is an important component of the <org>Government Office</org> work .


In the days to come , the Government Office will further strengthen all kinds of communication and contact , improve the efficiency and quality of consular service and protection , and better safeguard the lawful rights and interests of Hong Kong citizens abroad .

In the days to come , <org>the Government Office</org> will further strengthen all kinds of communication and contact , improve the efficiency and quality of consular service and protection , and better safeguard the lawful rights and interests of <gpe>Hong Kong</gpe> citizens abroad .


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Xinhua News Agency , Beijing , December 26th

<org>Xinhua News Agency</org> , <gpe>Beijing</gpe> , <date>December 26th</date>


This year , the economies of the five large special economic zones , namely , Shenzhen , Zhuhai , Shantou , Xiamen and Hainan , have maintained strong growth momentum .

<date>This year</date> , the economies of the <cardinal>five</cardinal> large special economic zones , namely , <gpe>Shenzhen</gpe> , <gpe>Zhuhai</gpe> , <gpe>Shantou</gpe> , <gpe>Xiamen</gpe> and <gpe>Hainan</gpe> , have maintained strong growth momentum .


The annual GDP of the Shenzhen Special Zone this year could reach 113 billion yuan , increasing by 16 % over last year .

The annual GDP of <gpe>the Shenzhen Special Zone</gpe> this year could reach <money>113 billion yuan</money> , increasing by <percent>16 %</percent> over <date>last year</date> .


The financial revenue within the local budget is 14 billion yuan , increasing by 6.3 % .

The financial revenue within the local budget is <money>14 billion yuan</money> , increasing by <percent>6.3 %</percent> .


This year , annual foreign capital actually utilized by Shenzhen is estimated to possibly reach 2.8 billion US dollars , increasing by 15.6 % .

<date>This year</date> , annual foreign capital actually utilized by <gpe>Shenzhen</gpe> is estimated to possibly reach <money>2.8 billion US dollars</money> , increasing by <percent>15.6 %</percent> .


Following Hong Kong 's return , the economic and trade relationship between Hong Kong and Shenzhen has been strengthened , and the projects of joining the three large infrastructures , such as Hong Kong 's western channel , are now progressing smoothly .

Following <gpe>Hong Kong 's</gpe> return , the economic and trade relationship between <gpe>Hong Kong</gpe> and <gpe>Shenzhen</gpe> has been strengthened , and the projects of joining the <cardinal>three</cardinal> large infrastructures , such as <gpe>Hong Kong 's</gpe> western channel , are now progressing smoothly .


The Shenzhen Special Zone this year has been promoting the state - owned enterprise reform and the results are remarkable .

<gpe>The Shenzhen Special Zone</gpe> <date>this year</date> has been promoting the state - owned enterprise reform and the results are remarkable .


The whole city 's gross industrial production value for this year is estimated to reach 125.5 billion yuan , increasing by 17.5 % over last year .

The whole city 's gross industrial production value for <date>this year</date> is estimated to reach <money>125.5 billion yuan</money> , increasing by <percent>17.5 %</percent> over <date>last year</date> .


A three dimensional traffic frame in Zhuhai has preliminarily taken shape and the investment environment improves daily .

A <cardinal>three</cardinal> dimensional traffic frame in <gpe>Zhuhai</gpe> has preliminarily taken shape and the investment environment improves daily .


A number of consortia , such as Mobil , Exxon , Amoco of the US , Shell of Holland , Yan Gu of Japan and Cheung Kong Industries Limited of Hong Kong , etc. have one after another come and settled in Zhuhai .

A number of consortia , such as <org>Mobil</org> , <org>Exxon</org> , <org>Amoco</org> of the <gpe>US</gpe> , <org>Shell</org> of <gpe>Holland</gpe> , <org>Yan Gu</org> of <gpe>Japan</gpe> and <org>Cheung Kong Industries Limited</org> of <gpe>Hong Kong</gpe> , etc. have one after another come and settled in <gpe>Zhuhai</gpe> .


According to statistics , in the first 11 months of this year , Zhuhai 's recently authorized contracts for utilizing foreign capital numbered 301 .

According to statistics , in <date>the first 11 months of this year</date> , <gpe>Zhuhai</gpe> 's recently authorized contracts for utilizing foreign capital numbered <cardinal>301</cardinal> .


The contracted investment value was 2.46 billion US dollars , and the actually utilized foreign funds 889 million US dollars , increasing by 11.9 % over the same period last year .

The contracted investment value was <money>2.46 billion US dollars</money> , and the actually utilized foreign funds <money>889 million US dollars</money> , increasing by <percent>11.9 %</percent> over <date>the same period last year</date> .


The establishment and perfection of a modern system of sea , land and air traffic makes the geographic advantages of the Shantou Special Zone more obvious daily .

The establishment and perfection of a modern system of sea , land and air traffic makes the geographic advantages of <gpe>the Shantou Special Zone</gpe> more obvious daily .


By the end of this year , the overall annual throughput capacity of the docks and ports of the whole city will reach 21.12 million tons .

By <date>the end of this year</date> , the overall annual throughput capacity of the docks and ports of the whole city will reach <quantity>21.12 million tons</quantity> .


Shantou airport has opened 44 international and domestic air routes .

<gpe>Shantou</gpe> airport has opened <cardinal>44</cardinal> international and domestic air routes .


The total capacity of program - controlled telephones has reached more than 770,000 sets and one in every ten people has a mobile phone on average .

The total capacity of program - controlled telephones has reached <cardinal>more than 770,000</cardinal> sets and <cardinal>one</cardinal> in every <cardinal>ten</cardinal> people has a mobile phone on average .


Currently , Shantou City has totally authorized more than 12,000 contracts for utilizing foreign funds , and the foreign capital actually utilized is more than 5.1 billion US dollars .

Currently , <gpe>Shantou City</gpe> has totally authorized <cardinal>more than 12,000</cardinal> contracts for utilizing foreign funds , and the foreign capital actually utilized is <money>more than 5.1 billion US dollars</money> .


In the first three - quarters of this year , in the whole city , there were 184 projects recently signed in which foreign businessmen invested directly , and the foreign capital actually utilized was 716 million US dollars .

In <date>the first three - quarters of this year</date> , in the whole city , there were <cardinal>184</cardinal> projects recently signed in which foreign businessmen invested directly , and the foreign capital actually utilized was <money>716 million US dollars</money> .


The whole city 's gross export value was 3.032 billion US dollars , increasing by 84.3 % over the same period last year .

The whole city 's gross export value was <money>3.032 billion US dollars</money> , increasing by <percent>84.3 %</percent> over <date>the same period last year</date> .


The gross import value was 2.180 billion US dollars , increasing by 30.2 % over the same period last year .

The gross import value was <money>2.180 billion US dollars</money> , increasing by <percent>30.2 %</percent> over <date>the same period last year</date> .


After Xiamen became the first experimental port of direct shipping across the Straits this year , large shipping and service companies of Taiwan such as Lirong , Wanhai , etc. successively started regular trips to Xiamen .

After <gpe>Xiamen</gpe> became the <ordinal>first</ordinal> experimental port of direct shipping across the <loc>Straits</loc> <date>this year</date> , large shipping and service companies of <gpe>Taiwan</gpe> such as <gpe>Lirong</gpe> , <gpe>Wanhai</gpe> , etc. successively started regular trips to <gpe>Xiamen</gpe> .


Currently , Xiamen possesses five international container shipping arteries such as to Japan , Singapore , Korea , the US , the Mediterranean , etc .

Currently , <gpe>Xiamen</gpe> possesses <cardinal>five</cardinal> international container shipping arteries such as to <gpe>Japan</gpe> , <gpe>Singapore</gpe> , <gpe>Korea</gpe> , the <gpe>US</gpe> , the <loc>Mediterranean</loc> , etc .


From January to October this year , Xiamen 's total import and export value was 6.41 billion US dollars , increasing by 13.6 % , including exports and imports which were separately 3.52 billion US dollars and 2.89 billion US dollars , increasing by 13.6 % .

From <date>January to October this year</date> , <gpe>Xiamen</gpe> 's total import and export value was <money>6.41 billion US dollars</money> , increasing by <percent>13.6 %</percent> , including exports and imports which were separately <money>3.52 billion US dollars</money> and <money>2.89 billion US dollars</money> , increasing by <percent>13.6 %</percent> .


It is predicted that the annual total foreign trade import and export value will be 7.7 billion US dollars , increasing by 16 % .

It is predicted that the annual total foreign trade import and export value will be <money>7.7 billion US dollars</money> , increasing by <percent>16 %</percent> .


In the first 10 months of this year , Xiamen 's state - owned enterprise 's export value was 1.637 billion US dollars , increasing by 23.6 % over the same period last year .

In <date>the first 10 months of this year</date> , <gpe>Xiamen</gpe> 's state - owned enterprise 's export value was <money>1.637 billion US dollars</money> , increasing by <percent>23.6 %</percent> over <date>the same period last year</date> .


Hainan Special Zone 's economy this year is estimated to have an annual economic growth rate reaching 6.7 % , increasing by 1.9 % over last year .

<gpe>Hainan Special Zone 's</gpe> economy this year is estimated to have an annual economic growth rate reaching <percent>6.7 %</percent> , increasing by <percent>1.9 %</percent> over <date>last year</date> .


This year , it is estimated that totally achieved sales output in the industries at and above the township level in the whole province will be 23 billion yuan , increasing by 16 % over last year .

<date>This year</date> , it is estimated that totally achieved sales output in the industries at and above the township level in the whole province will be <money>23 billion yuan</money> , increasing by <percent>16 %</percent> over <date>last year</date> .


Agriculture has gained further development .


The output of grains , fruits , melons , vegetables and rubber gum has all reached or exceeded historical best levels .


The total number of tourists coming to Hainan in the whole year has reached 7.9 million people , and the tourism revenue is 5.5 billion yuan , increasing by 10.29 % over last year .

The total number of tourists coming to <gpe>Hainan</gpe> in <date>the whole year</date> has reached <cardinal>7.9 million</cardinal> people , and the tourism revenue is <money>5.5 billion yuan</money> , increasing by <percent>10.29 %</percent> over <date>last year</date> .


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Xinhua News Agency , Beijing , February 16th

<org>Xinhua News Agency</org> , <gpe>Beijing</gpe> , <date>February 16th</date>


Recently , the Import and Export Bank of China won a bond credit rating of AA - in Japan , which is currently the highest bond rating given to a Chinese bank by the Japanese financial market .

Recently , <org>the Import and Export Bank of China</org> won a bond credit rating of AA - in <gpe>Japan</gpe> , which is currently the highest bond rating given to a <norp>Chinese</norp> bank by the <norp>Japanese</norp> financial market .


The Commune Bond Research Institute of Japan determined the bond credit rating of Import and Export Bank of China to be AA - , which is consistent with the internal rating given to the Chinese sovereign credit ranking by the Japan Assessment Institution .

<org>The Commune Bond Research Institute of Japan</org> determined the bond credit rating of <org>Import and Export Bank of China</org> to be AA - , which is consistent with the internal rating given to the <norp>Chinese</norp> sovereign credit ranking by <org>the Japan Assessment Institution</org> .


Last October , the Import and Export Bank of China invited Nomura Securities of Japan to be advisors , and submitted a formal assessment application to the Commune Bond Research Institute of Japan , a famous assessment institution in Japan .

<date>Last October</date> , <org>the Import and Export Bank of China</org> invited <org>Nomura Securities</org> of <gpe>Japan</gpe> to be advisors , and submitted a formal assessment application to <org>the Commune Bond Research Institute of Japan</org> , a famous assessment institution in <gpe>Japan</gpe> .


The reason behind the decision by the Import and Export Bank of China to obtain a credit rating in Japan first is to prepare for entry into the international capital market for financing , so as to expand sources of funds , and to support the export of Chinese electromechanical products and complete sets of equipment .

The reason behind the decision by <org>the Import and Export Bank of China</org> to obtain a credit rating in <gpe>Japan</gpe> <ordinal>first</ordinal> is to prepare for entry into the international capital market for financing , so as to expand sources of funds , and to support the export of <norp>Chinese</norp> electromechanical products and complete sets of equipment .


Through such modes as written presentations and field studies , etc. the Import and Export Bank of China comprehensively presented the situation of China 's financial system reform since the beginning of the year , the background on the establishment of the bank , management and operations of the bank , the current situation of the bank 's business development and its future development objectives to the Commune Bond Research Institute , resulting in a deeper understanding of the Import and Export Bank of China .

Through such modes as written presentations and field studies , etc. <org>the Import and Export Bank of China</org> comprehensively presented the situation of <gpe>China</gpe> 's financial system reform since <date>the beginning of the year</date> , the background on the establishment of the bank , management and operations of the bank , the current situation of the bank 's business development and its future development objectives to <org>the Commune Bond Research Institute</org> , resulting in a deeper understanding of <org>the Import and Export Bank of China</org> .


Xinhua News Agency , Hong Kong , December 30th , Taipei

<org>Xinhua News Agency</org> , <gpe>Hong Kong</gpe> , <date>December 30th</date> , <gpe>Taipei</gpe>


Jiaju Hou , a Taiwan economist , published an article with the title " Three comments on ' do n't rush , be patient ' " in Taiwan 's " Daily Economy " on Monday , pointing out that Taiwan authorities ' adopting a " do n't rush , be patient " restriction policy for Taiwan businessmen investing in our country 's mainland would give rise to many abuses .

<person>Jiaju Hou</person> , a <gpe>Taiwan</gpe> economist , published an article with the title " <work_of_art>Three comments on ' do n't rush , be patient ' " in Taiwan 's " Daily Economy</work_of_art> " on <date>Monday</date> , pointing out that <gpe>Taiwan</gpe> authorities ' adopting a " do n't rush , be patient " restriction policy for <gpe>Taiwan</gpe> businessmen investing in our country 's mainland would give rise to many abuses .


Jiaju Hou points out that Taiwan authorities say that " do n't rush , be patient " is to restrict large - sized Taiwan companies from going to China 's mainland to invest and would have no impact on medium - and small - sized companies , but this is actually not the case .

<person>Jiaju Hou</person> points out that <gpe>Taiwan</gpe> authorities say that " do n't rush , be patient " is to restrict large - sized <gpe>Taiwan</gpe> companies from going to <gpe>China</gpe> 's mainland to invest and would have no impact on medium - and small - sized companies , but this is actually not the case .


Currently , Taiwan authorities define medium - and small - sized companies as having capital of under 60 million Taiwan dollars , but actually Taiwan 's current medium - and small - sized companies mostly have significant scale .

Currently , <gpe>Taiwan</gpe> authorities define medium - and small - sized companies as having capital of under <money>60 million Taiwan dollars</money> , but actually <gpe>Taiwan</gpe> 's current medium - and small - sized companies mostly have significant scale .


Taking medium and small - sized companies listed last year as top ten for example , the smallest net operating revenue of these was 3.365 billion Taiwan dollars , the highest reached 10 billion Taiwan dollars .

Taking medium and small - sized companies listed <date>last year</date> as top <cardinal>ten</cardinal> for example , the smallest net operating revenue of these was <money>3.365 billion Taiwan dollars</money> , the highest reached <money>10 billion Taiwan dollars</money> .


Obviously , implementing a " do n't rush , be patient " policy will result in losing many business opportunities in our country 's mainland for no reason .


Jiaju Hou believed that the " do n't rush , be patient " policy would also have influence on exports to our country 's mainland .

<person>Jiaju Hou</person> believed that the " do n't rush , be patient " policy would also have influence on exports to our country 's mainland .


Because , among exports from Taiwan to our country 's mainland , a large portion are due to Taiwan businessmen investing in setting up factories in our country 's mainland and needing to ship spare parts for machines and equipment and intermediate raw materials .

Because , among exports from <gpe>Taiwan</gpe> to our country 's mainland , a large portion are due to <gpe>Taiwan</gpe> businessmen investing in setting up factories in our country 's mainland and needing to ship spare parts for machines and equipment and intermediate raw materials .


In recent years , Taiwan 's trade surplus with our country 's mainland has accumulatively reached 80 billion US dollars , which is almost the same as Taiwan 's foreign currency reserve .

In <date>recent years</date> , <gpe>Taiwan</gpe> 's trade surplus with our country 's mainland has accumulatively reached <money>80 billion US dollars</money> , which is almost the same as <gpe>Taiwan</gpe> 's foreign currency reserve .


While the financial storm shows no sign of relief today , the importance of this surplus is more and more obvious .

While the financial storm shows no sign of relief <date>today</date> , the importance of this surplus is more and more obvious .


How can Taiwan decrease exports to our country 's mainland for the sake of " do n't rush , be patient " ?

How can <gpe>Taiwan</gpe> decrease exports to our country 's mainland for the sake of " do n't rush , be patient " ?


Because this will reduce its trade surplus with our country 's mainland .


Jiaju Hou pointed out that the " do n't rush , be patient " policy would also restrain foreign businessmen from investing in Taiwan .

<person>Jiaju Hou</person> pointed out that the " do n't rush , be patient " policy would also restrain foreign businessmen from investing in <gpe>Taiwan</gpe> .


Because most foreign businessmen investing in Taiwan want to take this opportunity to jointly invest in our country 's mainland with Taiwan investments .

Because most foreign businessmen investing in <gpe>Taiwan</gpe> want to take this opportunity to jointly invest in our country 's mainland with <gpe>Taiwan</gpe> investments .


Therefore , this policy , while blocking the development of local enterprises , will also limit foreign businessmen 's wishes to invest in Taiwan .

Therefore , this policy , while blocking the development of local enterprises , will also limit foreign businessmen 's wishes to invest in <gpe>Taiwan</gpe> .


It is reported that Jiaju Hou has successively published 3 articles in Taiwan newspapers on the " do n't rush , be patient " policy , pointing out to Taiwan authorities that this erroneous mainland economic and trade policy violates the " basic philosophy of free economy " , and hopes that Taiwan authorities " are warned of the consequences " .

It is reported that <person>Jiaju Hou</person> has successively published <cardinal>3</cardinal> articles in <gpe>Taiwan</gpe> newspapers on the " do n't rush , be patient " policy , pointing out to <gpe>Taiwan</gpe> authorities that this erroneous mainland economic and trade policy violates the " basic philosophy of free economy " , and hopes that <gpe>Taiwan</gpe> authorities " are warned of the consequences " .


Xinhua News Agency , Taiyuan , February 7 , by reporter Baohong Shan and intern Jingguo Hu

<org>Xinhua News Agency</org> , <gpe>Taiyuan</gpe> , <date>February 7</date> , by reporter <person>Baohong Shan</person> and intern <person>Jingguo Hu</person>


The Fenglingdu economic development zone , that people call the ' golden triangle ' of the Yellow River , located at the juncture of three provinces in China - Shanxi , Shaanxi and Henan - increasingly attracts attention from domestic and foreign businessmen and is becoming a new investing hotspot .

The <gpe>Fenglingdu</gpe> economic development zone , that people call the ' golden triangle ' of <loc>the Yellow River</loc> , located at the juncture of <cardinal>three</cardinal> provinces in <gpe>China</gpe> - <gpe>Shanxi</gpe> , <gpe>Shaanxi</gpe> and <gpe>Henan</gpe> - increasingly attracts attention from domestic and foreign businessmen and is becoming a new investing hotspot .


The Fenglingdu economic development zone is the only one within the borders of China built on the basis of a small town .

The <gpe>Fenglingdu</gpe> economic development zone is the only <cardinal>one</cardinal> within the borders of <gpe>China</gpe> built on the basis of a small town .


It is also a new channel for Shanxi , an inland province , to contact the outside world .

It is also a new channel for <gpe>Shanxi</gpe> , an inland province , to contact the outside world .


After more than three years ' construction , this development zone has begun to take shape and has become a comprehensive wholesale market for the circulation of a variety of commodities , such as timber , medicine , tobacco , clothing , grain and oil , industrial products , etc .

After <date>more than three years '</date> construction , this development zone has begun to take shape and has become a comprehensive wholesale market for the circulation of a variety of commodities , such as timber , medicine , tobacco , clothing , grain and oil , industrial products , etc .


At present , high - rise buildings look like a forest and merchants crowd in the development zone .


The construction of the New Golden Triangle Mall , a modern multifunctional business center costing 60 million yuan , has nearly come to an end .

The construction of <fac>the New Golden Triangle Mall</fac> , a modern multifunctional business center costing <money>60 million yuan</money> , has nearly come to an end .


2000 program - controlled telephones have been put into use and the 10 kV high voltage circuit is running normally , attracting a large number of investors .

<cardinal>2000</cardinal> program - controlled telephones have been put into use and the <quantity>10 kV</quantity> high voltage circuit is running normally , attracting a large number of investors .


The products of more than 30 factories , such as those lemon factories , spice factories and special paint factories , etc. , are continuously transported to all parts of the inland .

The products of <cardinal>more than 30</cardinal> factories , such as those lemon factories , spice factories and special paint factories , etc. , are continuously transported to all parts of the inland .


The three recently constructed hospitals specializing in orthopedics , gynecology and pediatrics have advanced equipment and are open to patients .

The <cardinal>three</cardinal> recently constructed hospitals specializing in orthopedics , gynecology and pediatrics have advanced equipment and are open to patients .


The rapidly growing golden triangle draws the attention of overseas traveling merchants .


At present , there have been more than 50 financial groups and traveling merchants from such countries and regions as the US , France , Japan , Korea , Taiwan , etc. holding negotiations for 31 projects with a total investment as high as 320 million yuan .

At present , there have been <cardinal>more than 50</cardinal> financial groups and traveling merchants from such countries and regions as the <gpe>US</gpe> , <gpe>France</gpe> , <gpe>Japan</gpe> , <gpe>Korea</gpe> , <gpe>Taiwan</gpe> , etc. holding negotiations for <cardinal>31</cardinal> projects with a total investment as high as <money>320 million yuan</money> .


-LRB- End -RRB-


Xinhua News Agency , Beijing , March 23rd , by reporter Wen Chao

<org>Xinhua News Agency</org> , <gpe>Beijing</gpe> , <date>March 23rd</date> , by reporter <person>Wen Chao</person>


Approved by the Bank of China , five insurance companies such as the Taikang Life Insurance Stock Company Ltd. , etc. , are anxiously preparing to be established .

Approved by <org>the Bank of China</org> , <cardinal>five</cardinal> insurance companies such as <org>the Taikang Life Insurance Stock Company Ltd.</org> , etc. , are anxiously preparing to be established .


It was found that among the five insurance companies to be recently established , three are national and two are regional .

It was found that among the <cardinal>five</cardinal> insurance companies to be recently established , <cardinal>three</cardinal> are national and <cardinal>two</cardinal> are regional .


Dongsheng Chen , director of the preparatory office of Taikang Life Insurance Company , Ltd. , says that the company will be established according to the modern enterprise system , that it was initiated by China International Travel Service , and the China Foreign Trade Transportation Head Company , etc. , and that it will raise 500 million yuan RMB as enterprise juridical person 's capital stock .

<person>Dongsheng Chen</person> , director of the preparatory office of <org>Taikang Life Insurance Company , Ltd.</org> , says that the company will be established according to the modern enterprise system , that it was initiated by <org>China International Travel Service</org> , and <org>the China Foreign Trade Transportation Head Company</org> , etc. , and that it will raise <money>500 million yuan RMB</money> as enterprise juridical person 's capital stock .


There are 26 insurance companies now in China and more than one hundred overseas insurance companies that have established administrative organizations in China .

There are <cardinal>26</cardinal> insurance companies now in <gpe>China</gpe> and <cardinal>more than one hundred</cardinal> overseas insurance companies that have established administrative organizations in <gpe>China</gpe> .


People in insurance circles say that as China 's insurance market gradually opens to the outside world , it is extremely important to develop national insurance business quickly .

People in insurance circles say that as <gpe>China</gpe> 's insurance market gradually opens to the outside world , it is extremely important to develop national insurance business quickly .


The five insurance companies approved to be established this time can be said to be a big move .

The <cardinal>five</cardinal> insurance companies approved to be established this time can be said to be a big move .


Xinhua News Agency , Beijing , April 5th , by reporter Guocheng Jiang

<org>Xinhua News Agency</org> , <gpe>Beijing</gpe> , <date>April 5th</date> , by reporter <person>Guocheng Jiang</person>


" Five years ago , when China 's digital telephone program - controlled switch market was monopolized by various brands of foreign products , we worried about whether China could successfully develop digital program - controlled switches .

" <date>Five years ago</date> , when <gpe>China</gpe> 's digital telephone program - controlled switch market was monopolized by various brands of foreign products , we worried about whether <gpe>China</gpe> could successfully develop digital program - controlled switches .


Today , domestically produced high - performance telephone program - controlled telephone switches already account for 36 % of the domestic market share . "

<date>Today</date> , domestically produced high - performance telephone program - controlled telephone switches already account for <percent>36 %</percent> of the domestic market share . "


" When China 's National Meteorological Bureau bought mainframe computers from Cray Inc. of the U.S. , it just sold us two processors .

" When <gpe>China</gpe> 's <org>National Meteorological Bureau</org> bought mainframe computers from <org>Cray Inc.</org> of the <gpe>U.S.</gpe> , it just sold us <cardinal>two</cardinal> processors .


Today , the maximum computing speed of the ' Dawn 1000 ' computer we developed ourselves has already reached 2.5 billion operations per second , exceeding the speed of the computer sold to us by Cray Inc. "

<date>Today</date> , the maximum computing speed of the <product>' Dawn 1000 '</product> computer we developed ourselves has already reached <cardinal>2.5 billion</cardinal> operations per second , exceeding the speed of the computer sold to us by <org>Cray Inc.</org> "


This is part of the speech delivered at the working meeting of the " 863 Program " today by Jian Song , State council member and concurrently director of the National Science Commission .

This is part of the speech delivered at the working meeting of <org>the " 863 Program "</org> today by <person>Jian Song</person> , <org>State</org> council member and concurrently director of <org>the National Science Commission</org> .


The " 863 Program " is China 's high - tech research program , initiated in 1986 .

<org>The " 863 Program "</org> is <gpe>China</gpe> 's high - tech research program , initiated in <date>1986</date> .


Western developed countries have always restricted the export of important high - tech products , such as high - performance large - scale digital telephone program - controlled switches and supercomputers , to China .

<norp>Western</norp> developed countries have always restricted the export of important high - tech products , such as high - performance large - scale digital telephone program - controlled switches and supercomputers , to <gpe>China</gpe> .


Jian Song said that " Today , China is capable of producing more than 10,000 sets of digital telephone program - controlled switches , and the chief designer of this kind of switch is only 28 years old , graduating from Wuhan University . "

<person>Jian Song</person> said that " <date>Today</date> , <gpe>China</gpe> is capable of producing <cardinal>more than 10,000</cardinal> sets of digital telephone program - controlled switches , and the chief designer of this kind of switch is only <date>28 years old</date> , graduating from <org>Wuhan University</org> . "


Most of the research staff who successfully developed the ' Dawning 1000 ' computer last year are young people about 30 years old .

Most of the research staff who successfully developed the <product>' Dawning 1000 '</product> computer <date>last year</date> are young people <date>about 30 years old</date> .


Today , Jian Song said to hundreds of high - tech experts representatives and science and technology officials attending the meeting : " The series of achievements we have made in the development and industrialization of high - tech help us to further overcome timid thoughts that high - tech is unattainable .

<date>Today</date> , <person>Jian Song</person> said to <cardinal>hundreds</cardinal> of high - tech experts representatives and science and technology officials attending the meeting : " The series of achievements we have made in the development and industrialization of high - tech help us to further overcome timid thoughts that high - tech is unattainable .


They have greatly enhanced our whole nation 's courage and confidence in realizing socialist modernization . "


The " 863 Program " , with a total investment of 10 billion yuan RMB and a duration of 15 years , since its implementation in 1986 , has gained breakthroughs in a large number of significant key fields of technology .

<org>The " 863 Program "</org> , with a total investment of <money>10 billion yuan RMB</money> and a duration of <date>15 years</date> , since its implementation in <date>1986</date> , has gained breakthroughs in a large number of significant key fields of technology .


It has greatly narrowed the gap between China 's high - tech and the internationally advanced levels , and has promoted the modernization of civilian industry and the national defense industry .

It has greatly narrowed the gap between <gpe>China</gpe> 's high - tech and the internationally advanced levels , and has promoted the modernization of civilian industry and the national defense industry .


In the civilian fields of biotechnology , information technology , automation technology , energy technology and new materials technology alone , more than 1200 research achievements have been made , of which 560 have reached internationally advanced levels .

In the civilian fields of biotechnology , information technology , automation technology , energy technology and new materials technology alone , <cardinal>more than 1200</cardinal> research achievements have been made , of which 560 have reached internationally advanced levels .


This aside , China has scheduled more than 400 research projects in the fields of aerospace technology and laser technology , involving space science and application , jumbo carrier rockets , space stations , space shuttle transportation systems , and has made phased achievements in certain key technology fields .

This aside , <gpe>China</gpe> has scheduled <cardinal>more than 400</cardinal> research projects in the fields of aerospace technology and laser technology , involving space science and application , jumbo carrier rockets , space stations , space shuttle transportation systems , and has made phased achievements in certain key technology fields .


Jian Song also cited the significant achievements that the internationally advanced level gained in fields such as agricultural biotechnology , biomedicine , genetic engineering , lasers , robotics , etc .

<person>Jian Song</person> also cited the significant achievements that the internationally advanced level gained in fields such as agricultural biotechnology , biomedicine , genetic engineering , lasers , robotics , etc .


For example , a Chinese developed genetically engineered Hepatitis B vaccine and an " a " interferon for blocking the progress of Hepatitis B have entered the market , which is good news for the 120 million Hepatitis B virus carriers in China .

For example , a <norp>Chinese</norp> developed genetically engineered Hepatitis B vaccine and an " a " interferon for blocking the progress of Hepatitis B have entered the market , which is good news for the <cardinal>120 million</cardinal> Hepatitis B virus carriers in <gpe>China</gpe> .


Later stages of Hepatitis B often develop into liver cancer .


China has determined its focus of high - tech research for the coming five years , and set about drawing up the next century 's high - tech research plans .

<gpe>China</gpe> has determined its focus of high - tech research for the coming <date>five years</date> , and set about drawing up <date>the next century 's</date> high - tech research plans .


Finally , Jian Song said , " Whether our own high - tech and its industry can be successful is related to the success or failure of China 's undertaking of modernization , and is related to the rise and fall of the Chinese people .

Finally , <person>Jian Song</person> said , " Whether our own high - tech and its industry can be successful is related to the success or failure of <gpe>China</gpe> 's undertaking of modernization , and is related to the rise and fall of the <norp>Chinese</norp> people .


To vigorously develop high - tech and establish a powerful national high - tech industry in our country as soon as possible is an urgent task currently facing China 's scientific and technological circles and economic circles . "

To vigorously develop high - tech and establish a powerful national high - tech industry in our country as soon as possible is an urgent task currently facing <gpe>China</gpe> 's scientific and technological circles and economic circles . "


-LRB- End -RRB-


Xinhua News Agency , Taiyuan , January 3rd , by reporters Lan Wu and Dongping Wang

<org>Xinhua News Agency</org> , <gpe>Taiyuan</gpe> , <date>January 3rd</date> , by reporters <person>Lan Wu</person> and <person>Dongping Wang</person>


Shanxi Province , located in China inland , has actually utilized foreign investments of more than 1 billion US dollars in the past six years .

<gpe>Shanxi Province</gpe> , located in <gpe>China</gpe> inland , has actually utilized foreign investments of <money>more than 1 billion US dollars</money> in <date>the past six years</date> .


From the Shanxi Province Foreign Investment Utilization Work Conference held at the end of 1997 , this reporter learned that , from just 1992 to 1996 , the province had utilized a total of 766 million US dollars of foreign investment , quadrupling the total of actually utilized foreign investment in the more than past ten years , and the growth rate exceeded double of the whole country over the same period .

From the <gpe>Shanxi Province</gpe> <event>Foreign Investment Utilization Work Conference</event> held at <date>the end of 1997</date> , this reporter learned that , from just <date>1992 to 1996</date> , the province had utilized a total of <money>766 million US dollars</money> of foreign investment , quadrupling the total of actually utilized foreign investment in <date>the more than past ten years</date> , and the growth rate exceeded double of the whole country over the same period .


Although faced with some unfavorable factors in 1997 , Shanxi 's foreign investment utilization still brought about the highest level in history .

Although faced with some unfavorable factors in <date>1997</date> , <gpe>Shanxi</gpe> 's foreign investment utilization still brought about the highest level in history .


185 foreign contracts were signed , a total amount of 2.320 billion US dollars were invested , foreign investment utilized by contract was 1.130 trillion US dollars , and foreign investment actually utilized was 375 million US dollars , increasing 53 % compared with that of last year .

<cardinal>185</cardinal> foreign contracts were signed , a total amount of <money>2.320 billion US dollars</money> were invested , foreign investment utilized by contract was <money>1.130 trillion US dollars</money> , and foreign investment actually utilized was <money>375 million US dollars</money> , increasing <percent>53 %</percent> compared with that of <date>last year</date> .


At present , foreign investment has become an important part of Shanxi 's social fixed assets investment , and is showing a new trend of developing from the second industry towards the first industry and the third industry , fields of investment are continually expanding , and industry structure tends to be reasonable .

At present , foreign investment has become an important part of <gpe>Shanxi</gpe> 's social fixed assets investment , and is showing a new trend of developing from the <ordinal>second</ordinal> industry towards the <ordinal>first</ordinal> industry and the <ordinal>third</ordinal> industry , fields of investment are continually expanding , and industry structure tends to be reasonable .


A number of large and medium - sized projects with single investment of more than 5 million US dollars are appearing in the manufacturing industry , power supply , the social service industry , the real estate industry , the building industry , the transportation industry and the postal and communication industry .

A number of large and medium - sized projects with single investment of <money>more than 5 million US dollars</money> are appearing in the manufacturing industry , power supply , the social service industry , the real estate industry , the building industry , the transportation industry and the postal and communication industry .


The number of persons employed by foreign - invested enterprises has reached 120,000 , and the amount of exports accounts for 8 % of the total amount of exports of the whole province .

The number of persons employed by foreign - invested enterprises has reached <cardinal>120,000</cardinal> , and the amount of exports accounts for <percent>8 %</percent> of the total amount of exports of the whole province .


Shanxi province 's borrowed foreign loans account for 65 % of the total amount of foreign investment utilized in the whole province , including loans from international finance organizations , foreign government loans , international business loans , export credits , etc .

<gpe>Shanxi province 's</gpe> borrowed foreign loans account for <percent>65 %</percent> of the total amount of foreign investment utilized in the whole province , including loans from international finance organizations , foreign government loans , international business loans , export credits , etc .


Shanxi province has established bilateral government loan relations with 17 countries in the world , and established loan co-operation and free aid relations with international finance institutions and organizations , such as the World Bank , the Asian Development Bank , the International Agriculture Development Fund , the United Nations Grain Planning Office , the United Nations Children 's Fund , the Population Fund , etc. and has unfolded commercial loan business with financial institutions in many countries and areas .

<gpe>Shanxi province</gpe> has established bilateral government loan relations with <cardinal>17</cardinal> countries in the world , and established loan co-operation and free aid relations with international finance institutions and organizations , such as <org>the World Bank</org> , <org>the Asian Development Bank</org> , <org>the International Agriculture Development Fund</org> , <org>the United Nations Grain Planning Office</org> , <org>the United Nations Children 's Fund</org> , <org>the Population Fund</org> , etc. and has unfolded commercial loan business with financial institutions in many countries and areas .


Experts believe that , Shanxi province has many favorable conditions for attracting foreign investment .

Experts believe that , <gpe>Shanxi province</gpe> has many favorable conditions for attracting foreign investment .


Henceforth , the focus of national economic construction will be gradually transferred to the Mid-west in steps , and has reinforced support for foreign investment utilization in the Mid-west areas , and fundamental industries such as agriculture , transportation , raw materials , etc. are still the focus of investments .

Henceforth , the focus of national economic construction will be gradually transferred to the <loc>Mid-west</loc> in steps , and has reinforced support for foreign investment utilization in the <loc>Mid-west</loc> areas , and fundamental industries such as agriculture , transportation , raw materials , etc. are still the focus of investments .


Shanxi province is located at the intersection of the Mid-west and the East , and is also an important national production base for coal and electricity commodities , is abounding in resources , with low labor costs and land prices , and possessing an industrial foundation abundant in economy and technology and a broad market .

<gpe>Shanxi province</gpe> is located at the intersection of the <loc>Mid-west</loc> and the <loc>East</loc> , and is also an important national production base for coal and electricity commodities , is abounding in resources , with low labor costs and land prices , and possessing an industrial foundation abundant in economy and technology and a broad market .


Xinhua News Agency , Nanning , March 14th , by reporter Hankui Lu

<org>Xinhua News Agency</org> , <gpe>Nanning</gpe> , <date>March 14th</date> , by reporter <person>Hankui Lu</person>


According to what the Guangxi Zhuang Autonomous Region 's Department of Transportation has revealed , up to now , Guangxi has made use of a total amount of 150 million US dollars loaned from the World Bank , the Asian Bank and countries such as Holland , Korea , etc . , to construct a water transportation traffic infrastructure .

According to what <gpe>the Guangxi Zhuang Autonomous Region 's</gpe> <org>Department of Transportation</org> has revealed , up to now , <gpe>Guangxi</gpe> has made use of a total amount of <money>150 million US dollars</money> loaned from <org>the World Bank</org> , <org>the Asian Bank</org> and countries such as <gpe>Holland</gpe> , <gpe>Korea</gpe> , etc . , to construct a water transportation traffic infrastructure .


In recent years , China 's great southwestern region has accelerated constructing the major channel leading to the seas via Guangxi .

In <date>recent years</date> , <gpe>China</gpe> 's great southwestern region has accelerated constructing the major channel leading to the seas via <gpe>Guangxi</gpe> .


In order to solve the problem of lack of capital , and expand the degree of opening up to the outside world , Guangxi has aggressively brought in foreign capital .

In order to solve the problem of lack of capital , and expand the degree of opening up to the outside world , <gpe>Guangxi</gpe> has aggressively brought in foreign capital .


With a total investment of over 2 million RMB , the second phase hinge project of Xijiang 's transportation utilized a loan of 80 million US dollars from the World Bank .

With a total investment of <money>over 2 million RMB</money> , the <ordinal>second</ordinal> phase hinge project of <loc>Xijiang</loc> 's transportation utilized a loan of <money>80 million US dollars</money> from <org>the World Bank</org> .


Currently 80 % of the digging of the main body project has been completed , and 50 % of the concrete laying has already been completed .

Currently <percent>80 %</percent> of the digging of the main body project has been completed , and <percent>50 %</percent> of the concrete laying has already been completed .


The second phase project of Fangchenggang City -LRB- comprising a highway from Qinzhou City to Fangchenggang City -RRB- , utilized a loan of 52 million US dollars from the Asian Development Bank .

The <ordinal>second</ordinal> phase project of <gpe>Fangchenggang City</gpe> -LRB- comprising a highway from <gpe>Qinzhou City</gpe> to <gpe>Fangchenggang City</gpe> -RRB- , utilized a loan of <money>52 million US dollars</money> from <org>the Asian Development Bank</org> .


The highway is projected to be completed and brought into service in the second half of this year .

The highway is projected to be completed and brought into service in <date>the second half of this year</date> .


Beihai Harbor 's support facility construction project utilized a Korean government loan of 10 million US dollars .

<loc>Beihai Harbor 's</loc> support facility construction project utilized a <norp>Korean</norp> government loan of <money>10 million US dollars</money> .


Qinzhou Harbor 's support facility construction project utilized a Holland government loan of 13 million US dollars .

<loc>Qinzhou Harbor 's</loc> support facility construction project utilized a <gpe>Holland</gpe> government loan of <money>13 million US dollars</money> .


Construction of these projects are all progressing smoothly .


-LRB- End -RRB-


Xinhua News Agency , Beijing , April 2nd

<org>Xinhua News Agency</org> , <gpe>Beijing</gpe> , <date>April 2nd</date>


The president of the People 's Bank of China , Xianglong Dai pointed out here yesterday that China will continue to expand the opened - up areas , strengthen co-operation with foreign financial institutions , and promote financial and economic trade interaction between China and other countries .

The president of <org>the People 's Bank of China</org> , <person>Xianglong Dai</person> pointed out here <date>yesterday</date> that <gpe>China</gpe> will continue to expand the opened - up areas , strengthen co-operation with foreign financial institutions , and promote financial and economic trade interaction between <gpe>China</gpe> and other countries .


Xianglong Dai made this comment at the ceremony for the approval for the Ocean Bank Group to establish a Beijing branch .

<person>Xianglong Dai</person> made this comment at the ceremony for the approval for <org>the Ocean Bank Group</org> to establish a <gpe>Beijing</gpe> branch .


He said , China macroscopic economic readjustment and control in recent years has been successful .

He said , <gpe>China</gpe> macroscopic economic readjustment and control in <date>recent years</date> has been successful .


On this foundation , it is forecasted that this year , the goals of the economy maintaining growth of 8 % , and controlling the retail price index to below 6.1 % , can be completely achieved ; in the coming few years , China can still maintain an economic growth rate of 8 % to 9 % and a retail price increase rate of below 6 % .

On this foundation , it is forecasted that <date>this year</date> , the goals of the economy maintaining growth of <percent>8 %</percent> , and controlling the retail price index to below <percent>6.1 %</percent> , can be completely achieved ; in <date>the coming few years</date> , <gpe>China</gpe> can still maintain an economic growth rate of <percent>8 %</percent> to <percent>9 %</percent> and a retail price increase rate of below <percent>6 %</percent> .


Therefore , China 's international income and expenses can maintain the good situation , the RMB exchange rate is moving towards stabilization , and the investment environment continue to improve .

Therefore , <gpe>China</gpe> 's international income and expenses can maintain the good situation , the RMB exchange rate is moving towards stabilization , and the investment environment continue to improve .


Xianglong Dai said , in recent years , foreign capital financial institutions have become an important formative element of China 's financial system .

<person>Xianglong Dai</person> said , in <date>recent years</date> , foreign capital financial institutions have become an important formative element of <gpe>China</gpe> 's financial system .


By the end of December of last year , foreign capital financial institution 's total assets had reached 30 billion US dollars , an increase of 56 % over last year ; and 8 foreign capital banks obtained approval to undertake RMB business in Shanghai 's Pudong .

By <date>the end of December of last year</date> , foreign capital financial institution 's total assets had reached <money>30 billion US dollars</money> , an increase of <percent>56 %</percent> over <date>last year</date> ; and <cardinal>8</cardinal> foreign capital banks obtained approval to undertake RMB business in <gpe>Shanghai</gpe> 's <gpe>Pudong</gpe> .


Up to now , China already has 158 foreign capital operation - type financial institutions , 132 of which are branches of foreign capital banks , and the number of representative office of foreign capital financial institutions has reached 528 .

Up to now , <gpe>China</gpe> already has <cardinal>158</cardinal> foreign capital operation - type financial institutions , <cardinal>132</cardinal> of which are branches of foreign capital banks , and the number of representative office of foreign capital financial institutions has reached <cardinal>528</cardinal> .


The Ocean Bank Group is one of the main international banks in Australia .

<org>The Ocean Bank Group</org> is <cardinal>one</cardinal> of the main international banks in <gpe>Australia</gpe> .


It opened a representative office in Beijing in 1986 .

It opened a representative office in <gpe>Beijing</gpe> in <date>1986</date> .


On March 21st of this year , it obtained approval to establish a branch in Beijing .

On <date>March 21st of this year</date> , it obtained approval to establish a branch in <gpe>Beijing</gpe> .


Before this , it had established a branch in Shanghai .

Before this , it had established a branch in <gpe>Shanghai</gpe> .


According to what has been reported in the Soviet " Science and Life " magazine , biologists in Moscow have discovered that a mold element in the cells of plants can not only control the propagation of plasmodium in mosquitoes , but can also kill mosquitoes .

According to what has been reported in the <norp>Soviet</norp> <org>" Science and Life "</org> magazine , biologists in <gpe>Moscow</gpe> have discovered that a mold element in the cells of plants can not only control the propagation of plasmodium in mosquitoes , but can also kill mosquitoes .


This method will not pollute the environment .


Biologists mixed a mold element in the cells of plants with pearl powder to produce a granulated drug .


This kind of drug can slowly discharge the mold element from the cells of plants in water .


When mosquitoes feed , they suck the mold element from the cells of plants into their bodies .


Experiments have shown that adopting this method can reduce the chances of mosquitoes transmitting malaria down to 1/70th to 1/80th of the original ratio .

Experiments have shown that adopting this method can reduce the chances of mosquitoes transmitting malaria down to <cardinal>1/70th</cardinal> to <cardinal>1/80th</cardinal> of the original ratio .


-LRB- by Xinhua News Agency -RRB-

-LRB- by <org>Xinhua News Agency</org> -RRB-


Xinhua News Agency , Beijing , January 10 , by wire

<org>Xinhua News Agency</org> , <gpe>Beijing</gpe> , <date>January 10</date> , by wire


China 's land - based petroleum industry achieved great success in the past year : 10 oil gas fields with 100 million ton reserves were discovered in the whole year .

<gpe>China</gpe> 's land - based petroleum industry achieved great success in <date>the past year</date> : <cardinal>10</cardinal> oil gas fields with <quantity>100 million ton</quantity> reserves were discovered in <date>the whole year</date> .


The decreasing speed of eastern crude oil fields has slowed down clearly , whereas the increasing speed of western crude oil fields has been constantly accelerating .


The strategic pattern of " stabilizing the east and developing the west " has basically taken shape .


This was news passed from the working meeting of China 's Petroleum & Natural Gas Corporation convened today .

This was news passed from the working meeting of <gpe>China</gpe> 's <org>Petroleum & Natural Gas Corporation</org> convened <date>today</date> .


At the meeting , Yongkang Zhou , the general manager , conveyed congratulations on successes achieved by China 's land - based oil industry and requirements for future work from Bangguo Wu , member of the Politburo of the Central Committee of the CCP and vice premier of the State Council when listening to the working report of the head office the other day .

At the meeting , <person>Yongkang Zhou</person> , the general manager , conveyed congratulations on successes achieved by <gpe>China</gpe> 's land - based oil industry and requirements for future work from <person>Bangguo Wu</person> , member of <org>the Politburo of the Central Committee of the CCP</org> and vice premier of <org>the State Council</org> when listening to the working report of the head office <date>the other day</date> .


Bangguo Wu pointed out that China 's land - based petroleum industry achieved great success last year , and oil and gas production volume increased by 1.81 million tons and 730 million cubic meters respectively compared with the previous year ; with nearly 1 million tons of shared oil from overseas , its growth rate was the highest since the " seventh five - year plan " period -LRB- 1986 - 1990 -RRB- ; its economic benefits were considerable , turning over 25.8 billion yuan of taxes , achieving profits of 10 billion yuan ; making great achievements in scientific and technological progress .

<person>Bangguo Wu</person> pointed out that <gpe>China</gpe> 's land - based petroleum industry achieved great success <date>last year</date> , and oil and gas production volume increased by <quantity>1.81 million tons</quantity> and <quantity>730 million cubic meters</quantity> respectively compared with <date>the previous year</date> ; with <quantity>nearly 1 million tons</quantity> of shared oil from overseas , its growth rate was the highest since the " <ordinal>seventh</ordinal> <date>five - year</date> plan " period -LRB- <date>1986 - 1990</date> -RRB- ; its economic benefits were considerable , turning <money>over 25.8 billion yuan</money> of taxes , achieving profits of <money>10 billion yuan</money> ; making great achievements in scientific and technological progress .


Yongkang Zhou pointed out in the meeting 's working report that at present the exploratory development of land - based oil has encountered a series of world - class problems , investment costs are increasing daily , and the tasks of enterprise reform and industrial restructuring are formidable .

<person>Yongkang Zhou</person> pointed out in the meeting 's working report that at present the exploratory development of land - based oil has encountered a series of world - class problems , investment costs are increasing daily , and the tasks of enterprise reform and industrial restructuring are formidable .


With regard to enterprise reform , the strategic reorganization of enterprises should be actively promoted , worker lay - offs and personnel repositioning , downsizing for efficiency , and re-employment projects should be implemented , an assets and operations responsibility system should be promoted overall , the force of reversing losses and increasing profits should be further enhanced .


In tackling key scientific and technological problems , such new oil fields as the western Tarim Basin , etc. should be focused on , new exploration should be prospected , and more oil resources should be acquired .

In tackling key scientific and technological problems , such new oil fields as the western <loc>Tarim Basin</loc> , etc. should be focused on , new exploration should be prospected , and more oil resources should be acquired .


At the same time , old eastern oil fields should be focused on , extraction ratio should be diligently increased , and levels of oil field development should go onto a new stage .


Xinhua News Agency , Tokyo , February 13th , by reporter Qing Yu

<org>Xinhua News Agency</org> , <gpe>Tokyo</gpe> , <date>February 13th</date> , by reporter <person>Qing Yu</person>


More than 200 overseas Chinese and Taiwan compatriots living in Japan gathered happily together tonight in the Chinese embassy to celebrate the Year of the Goat .

<cardinal>More than 200</cardinal> overseas <norp>Chinese</norp> and <gpe>Taiwan</gpe> compatriots living in <gpe>Japan</gpe> gathered happily together <time>tonight</time> in the <norp>Chinese</norp> embassy to celebrate <date>the Year of the Goat</date> .


Ambassador Zhenya Yang first extended his Spring Festival greetings to those overseas Chinese and the Taiwan compatriots .

Ambassador <person>Zhenya Yang</person> <ordinal>first</ordinal> extended his <event>Spring Festival</event> greetings to those overseas <norp>Chinese</norp> and the <gpe>Taiwan</gpe> compatriots .


Overseas Chinese and Taiwan compatriots were praised for making important contributions to supporting and assisting the motherland 's socialist construction .

Overseas <norp>Chinese</norp> and <gpe>Taiwan</gpe> compatriots were praised for making important contributions to supporting and assisting the motherland 's socialist construction .


He believed , entering the 90's , in order to realize the second strategic aim of our country 's modernization campaign , the overseas Chinese and the Taiwan compatriots would surely continue to carry on patriotic traditions , and make greater contributions to the motherland 's prosperity , wealth and power .

He believed , entering <date>the 90's</date> , in order to realize the <ordinal>second</ordinal> strategic aim of our country 's modernization campaign , the overseas <norp>Chinese</norp> and the <gpe>Taiwan</gpe> compatriots would surely continue to carry on patriotic traditions , and make greater contributions to the motherland 's prosperity , wealth and power .


Ambassador Yang also said that , at the time of the Spring Festival , we miss our Taiwan compatriots even more , and that the motherland 's unification will be a great event that conforms to the historical trend , and that it is the common wish of the people on both sides of the Straits .

Ambassador <person>Yang</person> also said that , at the time of <event>the Spring Festival</event> , we miss our <gpe>Taiwan</gpe> compatriots even more , and that the motherland 's unification will be a great event that conforms to the historical trend , and that it is the common wish of the people on both sides of the <loc>Straits</loc> .


This wish is bound to be fulfilled .


Wang Chen , chairman of the Overseas Chinese Association in Tokyo , gave a speech , expressing hopes that Taiwan authorities would deliver on the promise of abolishing the " Rebel Suppressing Period " in May of this year , and would allow many Taiwan compatriots who have not returned home for a long time to fulfill their dream .

<person>Wang Chen</person> , chairman of <org>the Overseas Chinese Association</org> in <gpe>Tokyo</gpe> , gave a speech , expressing hopes that <gpe>Taiwan</gpe> authorities would deliver on the promise of abolishing <event>the " Rebel Suppressing Period "</event> in <date>May of this year</date> , and would allow many <gpe>Taiwan</gpe> compatriots who have not returned home for a long time to fulfill their dream .


President Chen said , he himself has not returned to his hometown in Taiwan for 50 years .

President <person>Chen</person> said , he himself has not returned to his hometown in <gpe>Taiwan</gpe> for <date>50 years</date> .


Minxiong Chen , chairman of the People 's Association of Taiwan Province and Hangxiong Lu , chairman of the Overseas Chinese Association in Yokohama also delivered ebullient speeches .

<person>Minxiong Chen</person> , chairman of <org>the People 's Association</org> of <gpe>Taiwan Province</gpe> and <person>Hangxiong Lu</person> , chairman of <org>the Overseas Chinese Association</org> in <gpe>Yokohama</gpe> also delivered ebullient speeches .


Xinhua News Agency , Helsinki , January 13th , by reporter Huanqing Zheng

<org>Xinhua News Agency</org> , <gpe>Helsinki</gpe> , <date>January 13th</date> , by reporter <person>Huanqing Zheng</person>


According to the latest statistics data published by Finland Customs , in 1997 , Finland 's exports to Southeast Asia grew by 28 % .

According to the latest statistics data published by <gpe>Finland</gpe> <org>Customs</org> , in <date>1997</date> , <gpe>Finland</gpe> 's exports to <loc>Southeast Asia</loc> grew by <percent>28 %</percent> .


Up till October of last year , Finland 's export volume to major trading partners , such as Hong Kong , China , Indonesia , Thailand , Singapore , Malaysia etc. , reached 10.7 billion Finland Marks -LRB- 1 Finland Mark approximates 0.19 US dollar -RRB- , which was equivalent to gross exports of the whole year of 1996 .

Up till <date>October of last year</date> , <gpe>Finland</gpe> 's export volume to major trading partners , such as <gpe>Hong Kong</gpe> , <gpe>China</gpe> , <gpe>Indonesia</gpe> , <gpe>Thailand</gpe> , <gpe>Singapore</gpe> , <gpe>Malaysia</gpe> etc. , reached <money>10.7 billion Finland Marks</money> -LRB- 1 <gpe>Finland</gpe> Mark approximates <money>0.19 US dollar</money> -RRB- , which was equivalent to gross exports of <date>the whole year of 1996</date> .


The proportion of Finland 's exports to this region in its total exports increased from 1 % ten years ago to 6.2 % .

The proportion of <gpe>Finland</gpe> 's exports to this region in its total exports increased from <percent>1 %</percent> <date>ten years ago</date> to <percent>6.2 %</percent> .


The main commodities Finland exports to this region are mechanical and electronic industry products as well as transport equipment , etc .

The main commodities <gpe>Finland</gpe> exports to this region are mechanical and electronic industry products as well as transport equipment , etc .


At the same time , Finland 's imports from Southeast Asia grew by 5 % .

At the same time , <gpe>Finland</gpe> 's imports from <loc>Southeast Asia</loc> grew by <percent>5 %</percent> .


In recently years , Finland has been keeping an obvious trade surplus in this region .

In <date>recently years</date> , <gpe>Finland</gpe> has been keeping an obvious trade surplus in this region .


Finland Customs estimated that , the financial crisis in Southeast Asia may weaken Finland 's exports to this region , in particular , the export of electromechanical products would be impacted .

<gpe>Finland</gpe> <org>Customs</org> estimated that , the financial crisis in <loc>Southeast Asia</loc> may weaken <gpe>Finland</gpe> 's exports to this region , in particular , the export of electromechanical products would be impacted .


-LRB- End -RRB-


According to Xinhua News Agency , Nanjing , January 5th , by reporter Yanzhen Jie and correspondent Zhuqing Huang

According to <org>Xinhua News Agency</org> , <gpe>Nanjing</gpe> , <date>January 5th</date> , by reporter <person>Yanzhen Jie</person> and correspondent <person>Zhuqing Huang</person>


The symposium to commemorate the 50th anniversary of the Southern Anhui incident was held today in Nanjing .

The symposium to commemorate the <ordinal>50th</ordinal> anniversary of <event>the Southern Anhui incident</event> was held <date>today</date> in <gpe>Nanjing</gpe> .


The Southern Anhui Incident that happened fifty years ago was a tragedy that shocked China and foreign countries .

<event>The Southern Anhui Incident</event> that happened <date>fifty years ago</date> was a tragedy that shocked <gpe>China</gpe> and foreign countries .


It was plotted deliberately by recalcitrant factions of the Nationalist Party while the Chinese race was at a dangerous point of life and death .

It was plotted deliberately by recalcitrant factions of <org>the Nationalist Party</org> while the <norp>Chinese</norp> race was at a dangerous point of life and death .


Comrades attending the symposium deeply expressed condolences and cherished the brave revolutionary martyrs that sacrificed themselves in the Southern Anhui Incident , passionately sang praises for the New Fourth Army for the great achievements made in the liberation of the race and the creation of a new China , practically and realistically reflected on the experience and lessons from the Southern Anhui Incident , denouncing the crimes of the creator of this tragedy .

Comrades attending the symposium deeply expressed condolences and cherished the brave revolutionary martyrs that sacrificed themselves in <event>the Southern Anhui Incident</event> , passionately sang praises for <org>the New Fourth Army</org> for the great achievements made in the liberation of the race and the creation of a new <gpe>China</gpe> , practically and realistically reflected on the experience and lessons from <event>the Southern Anhui Incident</event> , denouncing the crimes of the creator of this tragedy .


Comrades attending the symposium pointed out that commemorating the 50th anniversary of the Southern Anhui Incident possesses important realism and meaning towards carrying on and fostering the fine traditions of the New Fourth Army , gaining historical experience , promoting Army reforms and build up .

Comrades attending the symposium pointed out that commemorating the <ordinal>50th</ordinal> anniversary of <event>the Southern Anhui Incident</event> possesses important realism and meaning towards carrying on and fostering the fine traditions of <org>the New Fourth Army</org> , gaining historical experience , promoting Army reforms and build up .


This symposium was convened by the Nanjing Military District which was appointed by the Main Political Department of the PLA .

This symposium was convened by <gpe>the Nanjing Military District</gpe> which was appointed by <org>the Main Political Department</org> of the <org>PLA</org> .


More than 50 veterans of the New Fourth Army participated in the symposium with leaders and comrades from the Nanjing Military District and Jiangsu province .

<cardinal>More than 50</cardinal> veterans of <org>the New Fourth Army</org> participated in the symposium with leaders and comrades from <gpe>the Nanjing Military District</gpe> and <gpe>Jiangsu province</gpe> .


This paper , Jing County , January 5th , by wire , reporter Zhenguo Zhang reporting :

This paper , <gpe>Jing County</gpe> , <date>January 5th</date> , by wire , reporter <person>Zhenguo Zhang</person> reporting :


With the approval of the Party Central Committee , the Mausoleum of the Martyrs who died in the Southern Anhui Incident , which is built in Jing County , Anhui Province , has already completed construction .

With the approval of <org>the Party Central Committee</org> , the <fac>Mausoleum of the Martyrs</fac> who died in <event>the Southern Anhui Incident</event> , which is built in <gpe>Jing County , Anhui Province</gpe> , has already completed construction .


The front of the monument in the garden was inscribed with the 12 large words " Martyrs who died in the Southern Anhui Incident will be immortal forever " , written personally by comrade Xiaoping Deng .

The front of the monument in the garden was inscribed with the <cardinal>12</cardinal> large words " Martyrs who died in <event>the Southern Anhui Incident</event> will be immortal forever " , written personally by comrade <person>Xiaoping Deng</person> .


The two stone monuments on the west side of the mausoleum were separately inscribed : in the hand - writing of Comrade Enlai Zhou , " Greatest innocence of all times , a Ye in Jiangnan . Comrades from the same room killing each other , why the rush to mutually destruct ? " ; and the " Inscriptions for the commemorative monument of the martyrs who were sacrificed in the Southern Anhui Incident " by the Chinese Communist Party Provincial Committee and provincial government of Anhui .

The <cardinal>two</cardinal> stone monuments on the west side of the mausoleum were separately inscribed : in the hand - writing of Comrade <person>Enlai Zhou</person> , " Greatest innocence of all times , a Ye in <loc>Jiangnan</loc> . Comrades from the same room killing each other , why the rush to mutually destruct ? " ; and the " Inscriptions for the commemorative monument of the martyrs who were sacrificed in <event>the Southern Anhui Incident</event> " by the <org>Chinese Communist Party Provincial Committee</org> and provincial government of <gpe>Anhui</gpe> .


The two monuments on the east side were separately inscribed with " Military songs of the New Fourth Army " and " Historical records before and after the formation of the military department of the New Fourth Army " .

The <cardinal>two</cardinal> monuments on the east side were separately inscribed with " Military songs of <org>the New Fourth Army</org> " and " Historical records before and after the formation of the military department of <org>the New Fourth Army</org> " .


Xinhua News Agency , Nanning , Jan. 16th , by reporter Weicheng Yang

<org>Xinhua News Agency</org> , <gpe>Nanning</gpe> , <date>Jan. 16th</date> , by reporter <person>Weicheng Yang</person>


The burgeoning city of Fangchenggang in Guangxi , which is the only city that is both coastal and frontier in China , has made full use of geographic advantages to greatly develop port economy .

The burgeoning city of <gpe>Fangchenggang</gpe> in <gpe>Guangxi</gpe> , which is the only city that is both coastal and frontier in <gpe>China</gpe> , has made full use of geographic advantages to greatly develop port economy .


Currently , the annual throughput of the port has reached 8.5 million tons , making it the largest port city in Guangxi .

Currently , the annual throughput of the port has reached <quantity>8.5 million tons</quantity> , making it the largest port city in <gpe>Guangxi</gpe> .


Fangchenggang City is a recently established coastal open port city at the regional level approved by the State Council in May 1993 .

<gpe>Fangchenggang City</gpe> is a recently established coastal open port city at the regional level approved by <org>the State Council</org> in <date>May 1993</date> .


The coastline of the city is 584 kilometers long , and the length of the land frontier is more than 230 kilometers .

The coastline of the city is <quantity>584 kilometers</quantity> long , and the length of the land frontier is more than <quantity>230 kilometers</quantity> .


The port is famous for wind shelter , deep water , non-accumulation of mud and sand , short sea - routes and long , usable coastline .


In more than four years , 2.2 billion yuan has been invested in the construction of harbors and docks , storage fields , support facilities and infrastructure of the ports and city , creating good conditions for building access to the sea for the Great Southwest .

In <date>more than four years</date> , <money>2.2 billion yuan</money> has been invested in the construction of harbors and docks , storage fields , support facilities and infrastructure of the ports and city , creating good conditions for building access to the sea for <loc>the Great Southwest</loc> .


Currently , there are 25 berths in the whole city , of which 10 berths are of 10,000 ton level .

Currently , there are <cardinal>25</cardinal> berths in the whole city , of which <cardinal>10</cardinal> berths are of <quantity>10,000 ton</quantity> level .


In the harbor area a railway of 14 kilometers has been built , and the Nanning - Fangchenggang railway can reach the dock directly .

In the harbor area a railway of <quantity>14 kilometers</quantity> has been built , and <fac>the Nanning - Fangchenggang railway</fac> can reach the dock directly .


The dock is able to load and unload all kinds of miscellaneous cargo , bulk cargo , roll on - roll off cargo , containers , and petrochemical products .


The storage area has reached more than 600,000 square meters .

The storage area has reached <quantity>more than 600,000 square meters</quantity> .


A transfer warehouse capable of transferring 600,000 tons of bulk cement and 500,000 tons of corn every year has been built .

A transfer warehouse capable of transferring <quantity>600,000 tons</quantity> of bulk cement and <quantity>500,000 tons</quantity> of corn every year has been built .


It is one of the 4 largest cement exporting bases and one of the 10 largest corn receiving ports .

It is one of the <cardinal>4</cardinal> largest cement exporting bases and one of the <cardinal>10</cardinal> largest corn receiving ports .


The port has trade relationships with 159 ports from more than 64 countries and regions all around the world .

The port has trade relationships with <cardinal>159</cardinal> ports from <cardinal>more than 64</cardinal> countries and regions all around the world .


This reporter saw at the port , the key national projects of a bulk cargo universal dock of the 50,000 ton level in berth No. 9 and a container dock of 25,000 ton level in berth No. 10 , which were started on August 8th and were under construction .

This reporter saw at the port , the key national projects of a bulk cargo universal dock of the <quantity>50,000 ton</quantity> level in berth <cardinal>No. 9</cardinal> and a container dock of <quantity>25,000 ton</quantity> level in berth <cardinal>No. 10</cardinal> , which were started on <date>August 8th</date> and were under construction .


It has completed an investment of 21.91 million yuan .

It has completed an investment of <money>21.91 million yuan</money> .


By 2000 , the throughput capability of Fangchenggang dock will reach 20 million tons .

By <date>2000</date> , the throughput capability of <gpe>Fangchenggang</gpe> dock will reach <quantity>20 million tons</quantity> .


-LRB- End -RRB-


Xinhua News Agency , Xining , January 3 , by wire -LRB- reporter Hongwei Xu -RRB-

<org>Xinhua News Agency</org> , <gpe>Xining</gpe> , <date>January 3</date> , by wire -LRB- reporter <person>Hongwei Xu</person> -RRB-


News of victory came again from the Qinghai Oil Field in the New Year : by the end of December of 97 , oil output reached 1.6 million tons .

News of victory came again from <loc>the Qinghai Oil Field</loc> in <date>the New Year</date> : by <date>the end of December of 97</date> , oil output reached <quantity>1.6 million tons</quantity> .


This oil field 's oil output has exceeded 1 million tons for 7 years in a row .

This oil field 's oil output has exceeded <quantity>1 million tons</quantity> for <date>7 years in a row</date> .


The Qinhai Oil Field is located in the Chaidamu Basin in the north of the Qingzang Plateau , with a total area of 24 square kilometers .

<loc>The Qinhai Oil Field</loc> is located in <loc>the Chaidamu Basin</loc> in the north of <loc>the Qingzang Plateau</loc> , with a total area of <quantity>24 square kilometers</quantity> .


Since being prospecting and explored in 1954 , more than 15.5 million tons of crude oil have been produced , and almost 8 million tons of crude oil have been processed .

Since being prospecting and explored in <date>1954</date> , <quantity>more than 15.5 million tons</quantity> of crude oil have been produced , and <quantity>almost 8 million tons</quantity> of crude oil have been processed .


According to presentations , in recent years , the oil field 's dynamics of exploration , development and investment in oil resources has been strengthened , nearly one billion yuan of exploration funds has been invested , and prospected oil reserves have annually increased by over 40 million tons on average .

According to presentations , in <date>recent years</date> , the oil field 's dynamics of exploration , development and investment in oil resources has been strengthened , <money>nearly one billion yuan</money> of exploration funds has been invested , and prospected oil reserves have annually increased by <quantity>over 40 million tons</quantity> on average .


Through measurements and calculations of new exploration data , nearly 4.2 billion tons of oil resources in the Chaidamu Basin have been confirmed .

Through measurements and calculations of new exploration data , <quantity>nearly 4.2 billion tons</quantity> of oil resources in <loc>the Chaidamu Basin</loc> have been confirmed .


Currently , proven oil reserves of 22 oil fields are more than 200 million tons , and natural gas is more than 150 billion cubic meters .

Currently , proven oil reserves of <cardinal>22</cardinal> oil fields are <quantity>more than 200 million tons</quantity> , and natural gas is <quantity>more than 150 billion cubic meters</quantity> .


This scale is only second to Sichuan , Shanganning , and Tarim , claiming the fourth place of all gas fields in the whole country .

This scale is only <ordinal>second</ordinal> to <gpe>Sichuan</gpe> , <gpe>Shanganning</gpe> , and <gpe>Tarim</gpe> , claiming the <ordinal>fourth</ordinal> place of all gas fields in the whole country .


It was learned that , China has planned to take advantage of the rich oil gas resources in this area during the " ninth five - year plan " -LRB- 1996 to 2000 -RRB- , through methods such as introducing foreign investment , jointly raising funds with the locality , etc. to build a large - scale combination project of the natural gas industry and the salt industry , which will be capable of producing 120,000 tons of PVC , 100,000 tons of caustic soda , 200,000 tons of synthetic ammonia , and 300,000 tons of carbamide .

It was learned that , <gpe>China</gpe> has planned to take advantage of the rich oil gas resources in this area during the " <ordinal>ninth</ordinal> <date>five - year</date> plan " -LRB- <date>1996 to 2000</date> -RRB- , through methods such as introducing foreign investment , jointly raising funds with the locality , etc. to build a large - scale combination project of the natural gas industry and the salt industry , which will be capable of producing <quantity>120,000 tons</quantity> of PVC , <quantity>100,000 tons</quantity> of caustic soda , <quantity>200,000 tons</quantity> of synthetic ammonia , and <quantity>300,000 tons</quantity> of carbamide .


Currently , the supplementary construction of two gas pipes nearly 300 kilometers in total length and a natural gas power station with a capacity of 16 kilowatts have been completed and put into production .

Currently , the supplementary construction of <cardinal>two</cardinal> gas pipes <quantity>nearly 300 kilometers</quantity> in total length and a natural gas power station with a capacity of <quantity>16 kilowatts</quantity> have been completed and put into production .


The 280 kilometer long third natural gas pipe leading through the residential and scientific research base of the Qinghai Petroleum Bureau - Gansu , Dunhuang and the Ge'ermu oil refinery with an annual production capacity of 100,000 tons of carbinol will break ground and start construction this year .

The <quantity>280 kilometer</quantity> long <ordinal>third</ordinal> natural gas pipe leading through the residential and scientific research base of <org>the Qinghai Petroleum Bureau</org> - <gpe>Gansu</gpe> , <gpe>Dunhuang</gpe> and the <gpe>Ge'ermu</gpe> oil refinery with an annual production capacity of <quantity>100,000 tons</quantity> of carbinol will break ground and start construction <date>this year</date> .


Moreover , in order to improving the added value of oil products , the second phase project of the Qinghai Petroleum Bureau 's Ge'ermu oil refinery , with a total investment of 260 million yuan , has been completed and put into production .

Moreover , in order to improving the added value of oil products , the <ordinal>second</ordinal> phase project of <org>the Qinghai Petroleum Bureau 's</org> <gpe>Ge'ermu</gpe> oil refinery , with a total investment of <money>260 million yuan</money> , has been completed and put into production .


The project mainly consists of the catalysis and reconditioning of 90 unleaded gasoline with an annual output of 150,000 tons and a hydrogenation diesel oil unit with an annual output of 150,000 tons .

The project mainly consists of the catalysis and reconditioning of 90 unleaded gasoline with an annual output of <quantity>150,000 tons</quantity> and a hydrogenation diesel oil unit with an annual output of <quantity>150,000 tons</quantity> .


Putting this project into production will further improve the factory 's oil products structure , and increase market competitive ability .