News » China » Wu and He take first diving gold

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• Wu and He take first diving gold
• Eighth cross-Strait forum concludes, 17 joint proposals adopted
• Underwater cultural relics discovered
• Long March-5 rocket engine undergoes testing
• China's biggest freshwater lake exceeds warning level
• Charity regulations to boost transparency
• China's July inflation to ease further
• 6 missing after boat capsizes in Yunnan
• Underwater cultural relics discovered under Xisha Islands
• China's Long March-5 engine undergoes testing
• China regulates charity foundations to boost transparency
• South China factory blast kills 3, injures 6
• China's Long March-5 engine undergoes testing
• China regulates charity foundations to boost transparency
• 5 died, 1 missing after van plunges off cliff in SW China
• South China factory blast kills 3, injures 6
• Slope failure kills 4 in SW China mine
• Syrian troops battle rebels in Aleppo
• Slope failure kills 4 in SW China mine
• Russia vows to keep visits to disputed islands

Wu and He take first diving gold Posted: 29 Jul 2012 09:53 AM PDT China's Wu Minxia and He Zi scored 346.20 points to win the women's 3m synchronized diving gold medal at the Olympic Games on Sunday. • Forecast: China's gold standard bearers • Backgrounder: Schedule | Team China  • Full coverage: London Olympic Games

Eighth cross-Strait forum concludes, 17 joint proposals adopted Posted: 29 Jul 2012 04:53 AM PDT The 8th Cross-Straits Economic, Trade and Culture Forum closed Sunday in Harbin, capital of northeast China's Heilongjiang province, with the adoption of 17 proposals for promoting cross-Strait ties.

Underwater cultural relics discovered Posted: 29 Jul 2012 02:44 AM PDT Updated: 2012-07-29 14:50 ( Xinhua) HAIKOU - Archaeologists have discovered 12 underwater cultural relics sites near the Xisha Islands in the South China Sea, an official with the provincial government of Hainan said Sunday. The sites were found during a 400-km patrol on the protection of underwater cultural relics and law enforcement in the area, which was jointly carried out by cultural workers from across the country. A total of 260 diving activities lasting 220 hours were recorded during the patrol. The archaeologists examined 12 known cultural relic sites and found 12 new sites, collecting a large quantity of specimens, including ancient pottery and porcelain wares, copper coins and boat parts, said Li Jilong, an expert with the provincial cultural heritage bureau. The Xisha Islands consist of a cluster of about 40 islets, sandbanks and reefs. During ancient times, many Chinese merchant ships struck the reefs and sank while sailing to Southeast Asia, India and the Middle East, leaving abundant treasures and cultural relics in the sea. The archaeologists also discovered that illegal salvaging of underwater cultural relics in the South China Sea has been rampant, and traces left by thieves in some relic sites show that large-scale thefts were conducted there early this year. Related Stories Tax-free shopping hot on Chinese resort island 2012-07-27 21:41 Culture: Xanadu and Chengjiang Fossil Site placed on elite list 2012-07-27 17:19 Kongzhu cultural festival held in Beijing 2012-07-27 09:30 Cultural relics damaged in Beijing storm 2012-07-26 09:46

Long March-5 rocket engine undergoes testing Posted: 29 Jul 2012 02:44 AM PDT Updated: 2012-07-29 14:31 ( Xinhua) BEIJING - China on Sunday successfully conducted tests on its new 120-ton-thrust liquid oxygen (LOX) and kerosene engine for its new generation carrier rocket, the Long March-5, the China Central Television reported. The test was conducted in Xi'an, capital city of Northwest China's Shaanxi province, according to the report. The LOX/kerosene engine underwent a test of a high rotational speed of nearly 20,000 revolutions per minute and a high temperature test of 3,000 degrees Celsius that lasted for 200 seconds, the report said. The large-thrust carrier rocket under development is hoped to make its maiden voyage in 2014. Ahead of that, several limit-determining tests will be conducted to ensure the engine's stability and reliability, it was reported. Related Stories Russian rocket puts 4 satellites into space 2012-07-28 17:17 Japan launches unmanned cargo carrier into orbit 2012-07-21 13:36 Rocket designer expects more int'l cooperation 2012-06-17 15:18 China develops new rocket engine 2012-06-14 15:52 SpaceX rocket lifts off for space station trial run 2012-05-22 19:05

China's biggest freshwater lake exceeds warning level Posted: 29 Jul 2012 02:44 AM PDT Updated: 2012-07-29 14:29 ( Xinhua) NANCHANG - Part of Poyang Lake, China's largest freshwater lake, has seen its water level exceed the warning level, as flooding on the upper and middle reaches of the Yangtze River has been pushing up the water level of the lake. Part of Poyang Lake, China's largest freshwater lake, has seen its water level exceed the warning level on July 28, 2012. [Photo/Xinhua] The water level at the lake's Huxingzi Station in Jiangxi province had risen to 19.01 meters as of 8 am Sunday, marking the highest level in the past two years and measuring 0.01 meter above the warning level, said Tan Guoliang, head of the provincial hydrographic bureau. Affected by flooding on the upper and middle reaches of the Yangtze River, the water level of the Jiujiang section of the Yangtze River in Jiangxi province rose to 19.54 meters at 8 am Sunday, over one meter higher than that half a month before, and the water level was continuing to rise, Tan said. Affected by the rise of the Yangtze River and the rainfall that has increased runoff from local rivers in Jiangxi, the water level of Poyang Lake, located on the southern bank of the middle and lower reaches of the Yangtze, has been continuously rising. The provincial flood control and draught relief headquarters have tightened up monitoring efforts on the lake shore and are preparing emergency rescue measures to ensure people's safety. Related Stories 40,800 relocated as flooding hits Yellow River 2012-07-28 19:11 Xinjiang railway service suspended due to flood 2012-07-28 14:08 China allocates $190m for flood relief 2012-07-27 21:35 Couple saves tourists from flood 2012-07-27 21:24 Beijing city leaders mourn flood victims 2012-07-27 14:24

Charity regulations to boost transparency Posted: 29 Jul 2012 02:44 AM PDT BEIJING - The Chinese government publicized a set of regulations Sunday asking charity foundations to regularly publish financial reports and tighten internal management. The regulations, published by the Ministry of Civil Affairs on its website, require charity foundations to regularly publish detailed reports on donations and expenditures after a charity project starts. If the project operates for over three months, financial reports should be published quarterly and a comprehensive report should be released for public scrutiny at the conclusion of the project, according to the regulations. The regulations acknowledge the donors' rights to know how their money will be spent and make it clear that foundations must "give truthful answers in a timely manner". Those who violate these rules can be disqualified in their annual appraisal or receive administrative punishment, according to a statement issued by the ministry. Moreover, the regulations stipulate that "foundations should not fund any profit-seeking activities." The regulations are the government's latest efforts to boost transparency and enhance supervision in the sector. China had about 2,500 registered foundations at the end of 2011, over twice the number it had in 2005. Their total assets reached more than 60 billion yuan ($9.52 billion) and donations received totaled 33.7 billion yuan in 2011, according to the ministry. However, there has been increasing public concern about the transparency and conduct of charity groups after a string of embezzlement scandals over the past few years have put a dent in the sector's credibility. The most famous case revolved around a young woman named Guo Meimei, who claimed to work for an organization under the Red Cross Society of China (RCSC) and boasted of a lavish lifestyle on her microblog. Although Guo was later found to have not been employed by the RCSC, the incident prompted worries of charity fund embezzlement and triggered calls for stricter scrutiny.

China's July inflation to ease further Posted: 29 Jul 2012 02:44 AM PDT BEIJING - China's inflation rate is likely to fall below 2 percent in July due to the base effect, giving authorities more room to beef up monetary supply to support growth, according to the latest bank estimations. The consumer price index, a key gauge of inflation, will rise 1.7 percent year on year in July, slower than the 2.2-percent growth seen in June, the Bank of Communications and the Industrial Bank said in their monthly economic data forecast reports. Both banks attributed the easing inflation to the base effect. The CPI growth rate hit a 37-month high of 6.5 percent in July last year before gradually retreating as China's economy slowed for eight quarters running. The inflation rate will remain at around 2 percent throughout the third quarter if no new factors emerge to drive prices up, the financial research center of Bank of Communications projected. Food prices, which account for nearly one-third of the prices used to calculate China's CPI, may stay flat in July compared with June, as rain and flooding affected vegetable production in many places in a traditionally peak season of supply, it said. Non-food prices will increase about 0.1 percent in July from June on rising prices in transport, telecommunications, entertainment and housing, Industrial Bank noted in its report. The central bank is likely to further reduce the reserve requirement ratio (RRR), the money that lenders should set aside in reserves, in August to shore up the softening economy, said Lu Zhengwei, chief economist with Industrial Bank. China's central bank has cut the RRR three times since November. It also slashed benchmark interest rates for the first time since December 2008 in June and further reduced the rates earlier this month.

6 missing after boat capsizes in Yunnan Posted: 29 Jul 2012 01:23 AM PDT Six villagers were reported missing after a boat carrying 19 people capsized on a river in southwest China's Yunnan province on Saturday.

Underwater cultural relics discovered under Xisha Islands Posted: 28 Jul 2012 11:50 PM PDT Archaeologists have discovered 12 underwater cultural relics sites near the Xisha Islands in the South China Sea.

China's Long March-5 engine undergoes testing Posted: 28 Jul 2012 11:50 PM PDT China on Sunday successfully conducted tests on its new 120-tonne-thrust liquid oxygen (LOX) and kerosene engine for its new generation carrier rocket, the Long March-5.

China regulates charity foundations to boost transparency Posted: 28 Jul 2012 11:50 PM PDT The Chinese government publicized a set of regulations Sunday asking charity foundations to regularly publish financial reports and tighten internal management.

South China factory blast kills 3, injures 6 Posted: 28 Jul 2012 11:50 PM PDT Three people died and six were injured after an explosion happened in a musical instrument factory in south China's Guangdong Province.

China's Long March-5 engine undergoes testing Posted: 28 Jul 2012 10:52 PM PDT China on Sunday successfully conducted tests on its new 120-tonne-thrust liquid oxygen (LOX) and kerosene engine for its new generation carrier rocket, the Long March-5.

China regulates charity foundations to boost transparency Posted: 28 Jul 2012 10:31 PM PDT The Chinese government publicized a set of regulations Sunday asking charity foundations to regularly publish financial reports and tighten internal management.

5 died, 1 missing after van plunges off cliff in SW China Posted: 28 Jul 2012 09:42 PM PDT Five people died, two were injured and one was missing after a van fell off a cliff in southwest China's Guizhou Province.

South China factory blast kills 3, injures 6 Posted: 28 Jul 2012 09:04 PM PDT Three people died and six were injured after an explosion happened in a musical instrument factory in south China's Guangdong Province.

Slope failure kills 4 in SW China mine Posted: 28 Jul 2012 08:23 PM PDT Four people were killed and one injured in a slope failure in a phosphate mine in Southwest China's Guizhou province Saturday.

Syrian troops battle rebels in Aleppo Posted: 28 Jul 2012 08:40 PM PDT Syrian troops are battling armed insurgent groups in the northern province of Aleppo in a bid to dislodge the rebels and regain control of restive neighborhoods, while the Arab League (AL) is busy crafting a draft resolution to create safe areas in Syria.

Slope failure kills 4 in SW China mine Posted: 28 Jul 2012 08:40 PM PDT Four people were killed and one injured in a slope failure in a phosphate mine in Southwest China's Guizhou province Saturday.

Russia vows to keep visits to disputed islands Posted: 28 Jul 2012 08:40 PM PDT Top Russian leaders will continue to visit the Southern Kuril islands despite ongoing protests from Japan, Foreign Minister Sergei Lavrov said Saturday.

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