IN BRIEF

Updated: 2012-05-14 08:01

(China Daily)

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Beijing

Chinese, Croatian leaders mark ties

Chinese President Hu Jintao exchanged messages on Sunday with Croatian counterpart Ivo Josipovic to mark the 20th anniversary of the establishment of bilateral diplomatic relations.

In his message, Hu said that, with concerted efforts, China and Croatia had witnessed the steady development of their ties over the past 20 years.

The two nations had established a comprehensive cooperative partnership and maintained close high-level exchanges, Hu said.

Chongqing

Officials must disclose assets

High-level officials of key State-owned enterprises in Chongqing are required to report their assets and family information, according to a notice released by the Chongqing State-owned Assets Supervision and Administration Commission on Saturday.

The information that must be disclosed includes income, real estate investments, the occupations of spouses and children, marital status of children, and 10 other kinds of information. Other assets include bonuses and subsidies of these officials as well as their incomes from lectures, writing books, offering consultations and so on.

Guangxi

Sinkhole downs 100 homes

Rescuers said on Sunday that nearly 100 homes were damaged and some collapsed completely when the ground caved in three days ago in a part of South China's Guangxi Zhuang autonomous region.

An initial investigation showed that the geological disaster on Thursday wreaked havoc on a total of 40,000 square meters of ground in Maohe village of Liuzhou city, an official with the rescue headquarters said on Sunday. No casualties have been reported, but the disaster has forced more than 1,700 residents to evacuate, the spokesman said.

Zhejiang

Wenzhou private lending drops

Private lending in Wenzhou, a city known as the cradle of China's private businesses, shrank by 30 percent compared with August last year after a credit crunch almost crippled the local economy, according to a survey conducted by the city's banking regulator.

An official with the eastern city's banking regulatory bureau told Xinhua on Sunday that their recent survey showed that the current private lending scale was 30 percent smaller than it was in August. Loans coming from individuals even dropped by 50 percent compared with August, said the official.

China Daily - Xinhua

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