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Gas Leak Sends Hundreds to Hospital
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| A laboratory phosgene gas leak has killed one, hospitalized 60 and sent at least 500 to emergency rooms for treatment in Fujian Province. Corridors and wards on the second, third and fourth floors of Fuzhou's Provincial Hospital were crowded with patients waiting to be examined or being treated. |
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Electricity Price Raised to Cool Down Economy
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| China raised the average price of electricity by 0.022 yuan per kilowatt/hour this week to cool down the overheated growth of some energy-gobbling industries and so help ease the power shortage.
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More Work Needed to Keep Inflation Curbed
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| The National Bureau of Statistics price indices report released Tuesday indicates that macroeconomic policies to control inflation are taking effect. However, a number of fundamental economic problems remain to be solved to keep the specter of rising prices at bay. |
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China, Uzbekistan Issue Joint Statement
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| Visiting Chinese President Hu Jintao and Uzbek President Islam Abduganiyevich Karimov signed a joint statement in Tashkent Tuesday on further developing a partnership of friendly cooperation between the two countries. Hu will also attend the Shanghai Cooperation Organization summit meeting scheduled to be held here on Thursday. |
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Fixed Asset Investment Growth Slowing
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| Fixed asset investment rose 34.8 percent year-on-year in the first five months of 2004, a significant slowdown from the 42.8 percent growth of the first four months. Economic data released so far for May show factory output and money supply rising at their slowest pace in several months, fanning hopes that China is on course for a soft economic landing. |
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Terror Attack Victims Back Home
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| A Chinese charter plane carrying coffins of 11 Chinese workers killed in Afghanistan arrived in Nanchang, capital of east China's Jiangxi Province Monday night, where 10 of the casualties were from. |
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Guangzhou Moots Fund for One-child Parents
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| As more one-child parents approach retirement age, Guangzhou is considering adjusting one-child compensation standards and creating a fund to ensure families get the money owed them. Many retired one-child parents are already owed compensation but the budget to pay them is simply not in place, officials said during a conference last week.
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Kodak Denies Monopolistic Accusations
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| US-based imaging giant Eastman Kodak, which commands 50 percent of China's film market, was accused last month of monopolistic practices in its China operation. But Kodak last week issued a statement, arguing that it has never done anything to circumvent the normal processes of market competition. |
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China, France Sign Airbus, Satellite Deals
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| China and France signed billions of dollars' worth of trade contracts during a visit to Paris by Chinese Vice Premier Zeng Peiyan, cementing ties that have grown noticeably closer in recent months. |
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Heat Wave Sweeps Northern Areas
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| In the midst of the nation's first long heat wave for the summer, visiting a location in China's north sounds likes the ideal solution -- but just make sure that place is not Beijing. Sweltering weather prevailed over the country's capital again on Friday with a top of 38 Celsius, even higher than cities further south and inland which are noted for their hot temperatures.
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