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Xinhua China News Digest at 16:00 GMT, July 5

Sun. July 05, 2009; Posted: 12:21 PM
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Jul 05, 2009 (Xinhua via COMTEX) -- XHUA | Quote | Chart | News | PowerRating -- The following are China news stories moved by Xinhua News Agency as of 16:00 GMT, July 5.

TOP STORIES:

* Living Buddha: Dalai Lama's "democratic leadership" ridiculous

LHASA, July 5 (Xinhua) -- The Dalai Lama's recent call for Tibetans to "embrace the democratic system of electing a leader" is totally ridiculous, a living Buddha of Tibetan Buddhism said Sunday.

* 1st Ld-Writethru: China hopes relevant sides of Korean nuke issue remain calm, restraint

BEIJING, July 5(Xinhua)-- China hopes that relevant parties of Korean nuclear issue stay calm and restraint, Foreign Ministry spokesman Qin Gang said here Sunday.

* Chinese President leaves for leaders' dialogue between G8, emerging economies

BEIJING, July 5 (Xinhua) -- Chinese President Hu Jintao left Beijing Sunday for a meeting between the leaders of the Group of Eight (G8) and five emerging economies (China, India, Brazil, South Africa and Mexico) from July 8 to 10 in L'Aquila, Italy, at the invitation of Italian Prime Minister Silvio Berlusconi.

* Senior official calls for Party, government to maintain social stability

WUHAN, July 5 (Xinhua) -- Party committees and governments should take the primary responsibility for maintaining social stability by improving living standards, says a senior Communist Party of China (CPC) official.

* Chinese Premier stresses maintaining stable economic development

TAIYUAN, July 5 (Xinhua) -- Chinese Premier Wen Jiabao said China will keep consistent macro-economic policies, promote structural adjustment, develop new growth sectors, improve growth quality and increase people's livelihood to ensure stable and fast economic growth.

* 3rd Ld: South China rains kill 20, force 670,000 from homes

BEIJING, July 5 (Xinhua) -- Torrential rains and floods in southern China have left at least 20 people dead and five missing.

More than 670,000 people have been relocated as downpours have destroyed houses, flooded crops, cut power, damaged roads and caused rivers to overflow, according to the latest figures from the provinces of Hunan, Fujian, Jiangxi and Guangdong and the Guangxi Zhuang Autonomous Region.

BUSINESS & FINANCE:

* China should learn to apply WTO dispute mechanism: Chinese WTO official

SHANGHAI, July 5 (Xinhua) -- China's government and companies should learn to apply the World Trade Organization dispute settlement mechanism in a "rational" and "practical" manner to protect interests of companies and deal with complaints, said a Chinese government official Sunday.

* China allocates 126 mln yuan for south China flood relief

BEIJING, July 5 (Xinhua) -- The Chinese government has allocated more than 126 million yuan (about 18.4 U.S. dollars) for disaster relief in six worst rainstorm-hit provinces, autonomous regions or municipalities in south China, the Ministry of Civil Affairs said here Sunday.

* Bank of China to transact first cross-border yuan settlement Monday

BEIJING, July 5 (Xinhua) -- The Bank of China (BOC), China's largest foreign exchange bank, will transact the first cross-border yuan trade settlement deal Monday, sources with the bank said Sunday night.

FEATURES:

* China Focus: China's PLA launches largest recruitment drive among college graduates By Xinhua Writer Yan Hao

BEIJING, July 1 (Xinhua) -- Millions of Chinese college graduates are being offered another government-paid career opportunity as the Chinese People's Liberation Army (PLA) beckons with the message, "We Want You!"

Graduates of three-year and four-year studies and postgraduate programs were target recruits for the two-year compulsory service, Hou Qishan, an official with recruitment office of Ministry of National Defense, said on Sunday.

* Interview: Shanghai Expo to offer solutions to urban growth: BIE chief

by Xinhua writers Huang Fuhui, Hou Lijun

BEIJING, July 5?Xinhua?-- People around the world will learn how to handle the challenges of mass urbanization at the 2010 Shanghai Expo, said Vicente Gonzalez Loscertales, secretary-general of the Bureau of International Expositions, on Sunday.

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YOUR QUERIES:

Duty editor: Zhang Yongqing @ 8610 6307 3665

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For full details for XHUA click here.

    


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