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|BEIJING， July 14 (Xinhua) -- Financial conditions of steel and coal companies have improved thanks to government-led capacity reduction measures， an official said on Thursday.
Crude steel production fell 1.4 percent year on year in the first five months of 2016 and coal production of large miners dropped 8.4 percent， said Zhao Chenxin， spokesperson for the National Development and Reform Commission (NDRC) at a news briefing.
As a result， the composite steel price index increased by 11 points in the first half of 2016 to 67.83 points at the beginning of July. The price of a popular coal product rose by 30 yuan (about 4.5 U.S. dollars) in the first six months to 400 yuan per tonne， Zhao added.
China's producer price index (PPI)， an indicator of industrial product prices， slid 2.6 percent year on year in June， compared with a 2.8-percent decrease in May.
Despite consecutive improvements in the last six months， PPI had remained in negative territory for 52 months as China's economic slowdown and industrial overcapacity weighed on prices.
China aims to cut around 45 million tonnes of crude steel capacity and more than 250 million tonnes of coal capacity in 2016.
The spokesperson said authorities have effectively controlled new capacity， but he did not disclose how much had been slashed.
Zhao admitted that rebounding prices will add pressure to capacity reduction as some closed steel and coal enterprises want to resume production.
"We will ensure the completion of the annual task，" he said， adding that local officials will be held accountable.
Photo taken on Dec. 22 Wholesale FC Borussia Dortmund Jerseys , 2017 shows a flooded road in Nabunturan township, Compostela Valley Province, the Philippines. At least 74 people were killed or missing and over 50,000 were displaced in a severe tropical storm which pounded southern Philippines, disaster and local officials said on Saturday. (XinhuaCompostela Valley information office)
DAVAO CITY Wholesale FC Bayern Munich Jerseys , the Philippines, Dec. 23 (Xinhua) -- Scores of people have been killed or missing and over 50,000 displaced after severe tropical storm Tembin pounded southern Philippines, flooding large swaths of the region and causing landslides, officials said Saturday.
In the two provinces of Lanao Wholesale FC Barcelona Jerseys , at least 22 bodies have been pulled out while over 40 are still missing as landslides buried houses along a national road, said Mujiv Hataman, governor for the Autonomous Region of Muslim Mindanao.
In the town of Salvador, Lanao del Norte province, disaster officials said they were still verifying reports that about 20 people have been swept away as floodwaters swamped many communities there after Tembin dumped torrential rains in the region.
The initial death toll figures are expected to rise as more data trickle in from the storm-affected villages and towns.
The Philippine Atmospheric Wholesale Chelsea FC Jerseys , Geophysical and Astronomical Services Administration (PAGASA) said Tembin came ashore at around 1:25 a.m. local time Friday in the eastern Mindanao town of Cateel, packing winds of up to 125 km per hour (kph).
The storm barreled to the west and its 400-km wide rain band drenched most of the country's second largest island.
In the western peninsula of Zamboanga del Norte, authorities said they were still checking on reports that 30 people drowned due to storm surges in the coastal town of Sibuco.
Elsewhere, three fishermen have been reported missing off the coast of San Isidro town in Davao Oriental province, but police said on Saturday that the fishermen have returned safely to shore.
Floodwaters have displaced over 50 Wholesale Atletico Madrid FC Jerseys ,000 people in at least three provinces and Davao, the home city of President Rodrigo Duterte, said Leoncio Cirunay, regional head of the office of civil defense.
Storm-induced floods and landslides also killed two other people in two other Mindanao regions, officials said.
At least 21 flights have also been cancelled at the Manila International Airport Wholesale AS Roma FC Jerseys , mostly domestic trips to the affected regions.
Port authorities said over 6,000 passengers were stranded in various ports across the archipelago nation.
The state weather bureau said Tembin, which re-intensified into a tropical storm after weakening into a tropical depression while traversing the southern Philippines, is expected to be out of the country by Christmas Day.
The storm was last spotted 245 km west-northwest of Zamboanga City with winds of up to 80 kph near the center and gusts of up to 90 kph on Saturday.
The weather disturbance was moving west at 20 kph.
At least 20 typhoons and storms batter the Philippines every year. Tembin is the 22nd to enter the country this year.
Tembin came a few days after powerful storm Kai-Tak battered most of the central Philippines and parts of the Philippine main Luzon Island last Saturday, killing at least 41.
Two of the most destructive typhoons that hit the country in the last 20 years made landfall and devastated Mindanao in 2011 and 2012.
BEIJING Wholesale Arsenal FC Jerseys , Dec. 21 (Xinhua) -- The Chinese defense ministry has called on the United States to be objective and rational regarding the development of the Chinese military.
Ren Guoqiang, a ministry spokesperson, made the remarks in a statement released on the ministry's website late Wednesday, responding to the recent U.S. national security strategy report.
"The report, regardless of fact Wholesale AC Milan FC Jerseys , had created sensational hype about China's efforts to modernize its national defense and cast doubt on the intention of Chinese military development," Ren said.
He said the U.S. report ran counter to the theme of peace and development, which was "the call of our day," and the trend of development in China-U.S. relations.
"We hope that the United States will abandon its Cold War mentality, be objective and rational about Chinese military development a.