Poultry trading has slowed in Huaibei, Anhui province, amid fears of the H7N9 strain of bird flu. Wan Shanchao / for China Daily

Health

Bird flu 'can be contained'

Health officials have expressed confidence in curbing the H7N9 strain of bird flu and reiterated that China has the adequate capabilities to deal with such outbreaks. However, the possibility of the virus being transmitted between humans cannot be ruled out, a World Health Organization official said.

Michael O'Leary, the WHO's China representative, said such a possibility remains despite no one in close contact with the first human H7N9 cases having tested positive for the strain. He made the remarks at a news conference held by China's National Health and Family Planning Commission on April 8.

Liang Wannian, director of the health emergency response office under the National Health and Family Planning Commission, said: "We are closely monitoring the situation and have expanded virus tracking into more areas of the country."

Investment

Big role for private capital

Private capital will play a major role in China's fixed-asset investment and account for over 80 percent of the total investment over the next eight years, a top researcher with a government think tank said.

From 2013 to 2020, China's annual investment growth rate will be around 18 percent, and this can be achieved only through active participation of private investors, Bao Yujun, president of the China Private Enterprises Research Association, said on April 6 during the private sector roundtable of the Boao Forum for Asia Annual Conference, held in Hainan province.

China aims to double its GDP and average per capita income by 2020 compared with 2010, and this has created investment opportunities and challenges for private enterprises, Bao said.

By the end of last year, the number of private companies in China had reached 10.85 million with a total registered capital of more than 31 trillion yuan ($5 trillion; 3.8 trillion euros), according to the association.

Mining

Global miners eye Chinese market

Urbanization and industrialization will continue to support the strong demand for iron ore in China and thereby create huge business opportunities for global mining and resource companies.

Fortescue Metals Group, Australia's third-biggest iron ore producer, will invest $10 billion to expand its iron ore production capacity to meet growing demand from China, the company's CEO Neville Power said on April 7 during the Boao Forum.

He said Fortescue will have 155 million metric tons of production capacity by the end of 2013 and up to 90 percent of the output will flow to the Chinese market. China's GDP growth is set to stay at 7.5 percent to 8 percent, which means the country's steel output will increase at 3 to 4 percent and create fresh demand for iron ore.

Science

More research posts in Antarctica

China plans to increase its presence in Antarctica with two more research stations, an official in charge of the country's scientific programs in the polar regions said on April 9.

The two new facilities are expected to join the existing three Chinese stations on Antarctica - Changcheng (Great Wall), Zhongshan, and Kunlun - by 2015, said Xu Shijie, an official with the China Arctic and Antarctic Administration.

He unveiled the plan the day that the Chinese research vessel Xuelong (Snow Dragon) returned from its 29th expedition to the South Pole and anchored at a Shanghai port.

The five-month expedition completed missions that include selecting the site for one of the new facilities, he said. The new summer station will be built on Princess Elizabeth land, which is the east side of the continent. The site is 520 km from Zhongshan Station, another of China's research facilities.

China Daily

(China Daily 04/12/2013 page2)