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Home>>Business 21:53 May 16 2008 Grain, oil released from reserves Grain and vegetable oil will be released from the national reserve to supply earthquake-hit Sichuan province, the State Administration of Grain said on its website. Property prices rise 10% China's urban property prices rose 10.1 percent in April from a year earlier, slightly lower than in March, the National Development and Reform Commission and the National Bureau of Statistics (NBS) said yesterday. First tour group to leave for US The first United States-bound Chinese leisure tour group is set to depart on June 17, signaling a new era in Sino-US relations, a senior official said. China World 　Macro-Economy   　Americas   • China's accommodation, catering retail sales up 25.2% in April • China may raise threshold for windfall tax on oil gains • Central bank:China's economy won't see galloping inflation • Market up in wake of earthquake • 95% of business resumes in Lhasa • Retail sales hit record high of 22% • Chief of European Central Bank insists to ensure price stability • Volkswagen to introduce 230 mpg car in 2010 • U.S.: more new Internet subscribers chose cable • GE to shed appliance unit: Report • Oil prices slightly down after fluctuation • Blackstone loses 251 mln USD in first quarter 　Trade   　Europe   • Central Chinese city promotes food exposition in HK • Chinese vice premier calls for joint efforts with U.S. to promote world trade talks • U.S. Commerce Secretary welcomes more Chinese investment • US woes 'will not hurt ties' • Foreign trade volume nears $800 bln in first 4 months • Diamond exchange at US$1.07 billion in Shanghai exchange council • Ukraine becomes WTO's 152nd member • BT Group's net Q4 profit falls, shares rise • Euro zone under calls for single seat in int'l forums • France's economic growth accelerates in Q1 • Eurozone economic growth rebounds to 0.7% in Q1 • London stock market sheds on bank shares 　Industry   　Africa   • China's real estate index down 0.65 point in April • Insurers not jolted by quake • Property prices rise 10% • First tour group to leave for US • China's software and IT industry achieves 580 billion yuan in 2007 • China's fixed asset investment up 25.7% in Jan-April • More oil, natural gas discovered in W Uganda • Algeria attracts $8 bln in Arab FDIs in 2001-2007 • Cargo plane crashes in DR Congo • Africa's economies to grow 6.2% in 2008 • Moody's points to huge potential of Islamic finance • Egypt clears Indonesia of tire dumping allegations 　Finance   　Asia/Oceania   • China to issue over 27 bln yuan seven-year book-entry T-bonds • Hong Kong stocks bounce 0.41% • Chinese shares edge down 0.36%, securities stocks buck trend • Blue chips slip, Sichuan-area shares stay strong • Chinese shares down 0.55% amid tightening concerns • Chinese banks see NPL ratio fall to lowest 5.8% by end of March • Australian PM says Nelson reply "irresponsible" • Indonesian House summons president over planned fuel price hike • Report: Japan registers 3.3% economic growth in Q1 • S Korea, Iceland sign agreement on double taxation • Dollar falls to upper 104 yen in Tokyo • Tokyo stocks close higher

Features   China-EU High Level Economic And Trade Mechanism   The Second 10+3 Media Cooperation Forum   Food safety in China   The first 10+3 Media Cooperation Forum   China-US Business Forum will be held at the Great Hall of the People, Beijing, on Feb. 14-15, 2006. 　Most popular • CNN president apologizes for Jack Cafferty's remarks on China • Miracle: 3-year-old girl survives after 40 hrs • Chinese Premier's expressions in face of disaster • Aerial view of badly stricken Yingxiu Town • Earthquake death toll in Sichuan exceeds 19,500 　Most Commented • Chinese netizen discussion of"boycott on French goods" • Miley Cyrus' sexy photos cause controversy • What is Nancy Pelosi really up to? • FM: China strongly denounces CNN host's insulting words • Dalai's brag about "peace", "non-violence" is nothing but lie

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