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Chinese Mainland Reports No New SARS Cases, One Death...Experts: SARS Will Lead to a Tax Drop of 20 Billion Yuan...Guangdong Foreign Trade Keeps Stable Growth...Employment Website Opens to Help College Graduates Find Jobs 
 
The Chinese mainland reported no new suspected or confirmed SARS cases during the twenty-four hours ending 10 am Monday morning.

One patient died of the disease in Beijing and 42 were discharged from hospital during this period.

There are now 50 suspected SARS cases on the mainland, while over 300 patients are still receiving treatment in hospital.******

Experts from the State Taxation Administration estimate that over 20 billion yuan or nearly 2 and a half billion US dollars will be wiped off China's total tax revenues for this year because of SARS.

The latest report from the State Taxation Administration indicates that tax revenue saw a 25 percent increase during the first five months of this year compared with the same period last year, but experts say this increase will be halted in the wake of SARS.

They say the decrease in revenue was first seen in Guangdong province and Beijing, and the impact on the entire nation will become apparent in June and July.******

Foreign trade in south China's Guangdong Province maintained stable growth in the first five months of this year, although the SARS outbreak did have some negative effects.

Guangdong Customs says the total volume of imports and exports increased by about 30 percent over the same period last year.

During the 5-month period, Guangdong attracted more than five billion US dollars in foreign direct investment, a 22 percent rise over first five months last year.******

The Ministry of Education has opened an employment website specially designed for college graduates.

The website, www.myjob.edu.cn, provides information on graduates all over the country and at the same time puts online the latest employment information from government and enterprises.

State councilor Chen Zhili has called on local education authorities and universities to speed up the development of their own employment service nets so as to build a comprehensive employment network countrywide.

Over two million students are to graduate this year, about 50 percent higher than last year.