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    June 7, 2002 - June 14, 2002
    New Program to Promote Ethnic Education
    The Ministry of Education announced yesterday that it would build more schools and train more teachers to boost education in areas inhabited by China's ethnic minorities.
    Government to Spend US$42 Billion on Railway Construction
    China will spend 350 billion yuan (US$42.3 billion) on railway construction during the current 10th Five-Year Plan period (2001-05), in a bid to reach the international level at the end of the 20th century, and then to catch up with the advanced level in some key railway sectors by 2015, said Vice Minister of Railways Cai Qinghua.
    Floods Kill 200, Affect 30 Million
    At least 205 persons have died and 30 million people have been affected by heavy rain and severe flooding in five provincial areas of China since early June, civil affairs officials said Wednesday. The five affected provincial areas are Shaanxi Province in northwest China, Sichuan Province and Chongqing Municipality and Guizhou Province in southwest China, and Hubei Province in central China.
    Chinese, Estonian Presidents Hold Talks
    Visiting Chinese President Jiang Zemin said Wednesday in Tallinn that China is ready to work with Estonia in a joint effort to promote bilateral cooperation to a higher level. Jiang said that the two countries can have further cooperation in areas of transportation, information industry, fishing industry and timber processing.
    Army Sets Up Special Flood-fighting Units
    The Chinese People's Liberation Army (PLA) has formed 19 special units to fight floods in case of emergency. The special units consist of engineering troops who are armed with advanced technology and equipment.
    Flooding Toll: 300 Dead or Missing
    At least 26 people have died and 282 were still missing Tuesday as a result of flooding in southern parts of Shaanxi Province in northwest China. In Shanning County, the flooding has claimed 24 lives since last weekend, with another 174 people still missing.
    China's No 1 Stock Scandal Case Heard
    The largest price manipulation case in China, involving more than 5.4 billion yuan (US$653 million) of funds gathered from more than 100 companies and individuals was Tuesday heard by Beijing's No 2 Intermediate People's Court.
    China Posts Record Industrial Growth in May
    Propelled by a strong rally in manufacturing and exports, China's industrial output for May posted its highest monthly growth for the past 53 months. The National Bureau of Statistics announced on Tuesday that industrial output for May was worth a total of 261.7 billion yuan (US$31.53 billion), a rise of 12.9 percent over a year ago.
    China, Latvia to Develop Long-term Stable Relations
    Visiting Chinese President Jiang Zemin and his Latvian counterpart yesterday pledged to consolidate bilateral relations by enhancing mutual understanding and promoting reciprocal cooperation. Jiang flew into the Latvian capital and port city of Riga yesterday to kick off his three-day state visit to the Baltic country.
    Locust Plague Strikes Parts of China
    China is suffering a locust plague with the infested area covering 10 percent larger than that of last year. The Ministry of Agriculture has called for urgent fight against the plague.
    Over 100 People Missing in Floods
    By Monday two people were dead and 108 missing after floods hit the seat of Fuping County, northwest China's Shaanxi Province at the weekend. The floods also ravaged 15 km of highway, a large number of houses and some 533 hectares of farm land in the county.
    Farmers Take Advantage of Credit Union Network
    Tens of millions of farmers in China have obtained cheap, mortgage-free loans from the country's only national credit union network, taking advantage of a credit rating system much faster than urban residents. Dai Xianglong, governor of the People's Bank of China, the country's central bank, said that approximately 40 percent of farmers in 10 major grain-producing provinces borrowed money from the government-subsidized financial institution for farming, thanks to the newly created credit rating system.
    China, Russia to Promote Cooperation at Local Levels
    China and Russia need to make continued efforts to promote exchanges and mutual understanding at local levels so as to expand cooperation between the two countries, visiting Chinese President Jiang Zemin said Sunday in the Russian city of Sochi.
    Social Security Funds Aid Needy
    A record 4.6 billion yuan (US$554 million) has been allocated by the central government as a fallback fund for local governments to guarantee the basic livelihood of more Chinese.
    St. Petersburg Summit of SCO Concludes with Rich Fruit
    The second summit meeting of the Shanghai Cooperation Organization (SCO) concluded in St. Petersburg of Russia Friday with fruitful results, presidents of the six member countries said.
    Scientists Work for High-tech Olympics
    The Science and Technology Committee for the 2008 Olympic Games was established Friday in Beijing to assist in seeking the latest and safest technologies to meet the city's promise of a "high-tech Games."
    Water Shortage Worries Researchers
    Chinese water experts recently said that China's water consumption will peak by 2030 when China's population reaches 1.6 billion and its per capita water resources drops to 1,760 cubic meters -- perilously close to 1, 700 cubic meters -- the internationally recognized benchmark for water shortage. They warned that if no effective measures are taken, the country is likely to suffer a serious water crisis at that time.
    Satellite Network to Monitor Ocean
    China is expected to launch a constellation of oceanic satellites to form its own stereoscopic observation system by 2010 to monitor the ocean's environment, government officials said Thursday.
    Chinese, Russian Presidents Meet in St. Petersburg
    Chinese President Jiang Zemin said in St. Petersburg June 6 that a better relationship between Russia, the United States and Europe will be good to world peace, security and stability. Jiang made the remarks during a meeting with Russian President Vladimir Putin on the eve of the second summit meeting of the Shanghai Cooperation Organization (SCO).
    Olympic Design Summit Scheduled
    A colossal Olympic design summit is slated to be held in Beijing early next month. The summit will be devoted to polishing the international image of the 2008 Beijing Summer Olympic Games and it also marks the start of the design competitions for the Olympic logo to be used for the 2008 Games.
    week
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