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BEIJING, Dec. 2 (Xinhua) -- China cannot use its 3.2 trillion U.S. dollars in foreign exchange reserves to rescue other countries, a senior diplomat said on Friday."The argument that China should rescue Europe does not stand, as reserves are not managed that way," Vice Foreign Minister Fu Ying said at the Lanting forum, a gathering of Chinese officials, scholars and social groups held by the Ministry of Foreign Affairs to discuss international issues and foreign policy."China is not absent from international efforts to rescue Europe; it has been a positive and healthy participant," Fu said.Since the outbreak of the European financial crisis, China has dispatched more than 30 procurement delegations to Europe, helping to boost imports from the continent, Fu said.Fu added that there are many misunderstandings about the use of China's foreign reserves. "Foreign reserves are not domestic income or money that can be disposed of by the premier or finance minister," she said."Foreign reserves are akin to savings, and their liquidity should be ensured," Fu said."Foreign reserves are not revenue and cannot be relocated randomly. Under this circumstance, China should take the prospect of yields into consideration if it invests its foreign reserves," said Tian Dewen, an analyst at the Institute of European Studies at the Chinese Academy of Social Sciences.However, the outlook for the economic situation in the eurozone is currently uncertain, Tian said.Fu said China learned a lesson about the importance of foreign reserves during the Asian financial crisis of the late 1990s. ' "Reserves cannot be used domestically to alleviate poverty or taken abroad for development support," she said.She said that the way in which foreign reserves are managed should be in line with the principles of "safety, liquidity and proper profitability.""China's purchases of European bonds, International Monetary Fund bonds and U.S. bonds are also based on those principles," Fu said.Fu also said that China has no intention to gain profit by leveraging financial instruments."China will make efforts to overcome the crisis with Europe and the international community in the future," Fu said."As for the current turbulence in European markets, an authoritative voice is necessary in restoring market confidence. However, voices are diversified in Europe due to its political framework," said Chen Xin, an analyst at the Institute of European Studies at the Chinese Academy of Social Sciences.Fu also reviewed achievements made in trade and investment cooperation between the two sides."It is normal for Europe to strengthen its economic cooperation with China in the process of conquering its difficulties, although it is not proper to add negative political implications," Fu said.She urged Europe not to politicize China's foreign investments."Successful investment should be reciprocal. We hope our economic activities are not interpreted from a political prospective and are not imbued with political interests. We should follow market economy principles," Fu saidFu also took time to single out media reports about the crisis that she believes have been overtly political."Many European countries have shown their understanding and support for us, but there have also been some negative reports," Fu said."We should treat each other with a moderate and impartial mentality. That will make bilateral relations easier to handle," Fu said.She cited an investment bid by a Chinese company in Iceland that was turned down by the country's government.Zhongkun, a private Chinese real estate company founded in 1995, planned to buy 300 square km of land in Iceland to build a high-end resort with a total investment of 200 million U.S. dollars.However, Iceland's Interior Ministry rejected the bid, citing the size of the area of land involved and the fact that there is no precedent in Iceland for foreign countries to purchase large tracts of land.

BEIJING, Dec. 16 (Xinhua) -- Trade volume between China and the Association of Southeast Asian Nations (ASEAN) in 2010 was 36 times what it was in 1991, the year in which formal relations between the two sides were established, according to new statistics.The volume is expected to reach 500 billion U.S. dollars in 2015, according to figures revealed Friday at the China-ASEAN Beijing Economic Forum, an event taking place in China's capital from Dec. 16 to 18 to commemorate the 20th anniversary of the China-ASEAN relations.Ma Mingqiang, secretary-general of ASEAN-China Center, said China-ASEAN trade volume totaled 267 billion U.S. dollars in the first three quarters of 2011 and is expected to hit the annual target of 350 billion dollars this year.He said the two parties have become closely linked in the past two decades, as China is now ASEAN's largest trade partner while ASEAN ranks the third among China's trade partners.With the comprehensive implementation of the China-ASEAN Free Trade Agreement in 2010, China has made 90 percent of commodities traded between China and ASEAN countries free of tariffs.China and ASEAN have enjoyed rapid social and economic growth since they established bilateral cooperation, said Surin Pitsuwan, ASEAN secretary-general.ASEAN can provide human resources, natural resources and raw materials for China's industrial development, and it in turn wants to win more investment from China, said Pitsuwan.He said the cooperation not only is a win-win solution for both sides, but will also make a positive contribution to the world.Guo Jinlong, mayor of Beijing, said the city saw a 21.5 percent year-on-year increase in trade volume with ASEAN in 2010, and will further strengthen its cooperation with the countries.ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

BEIJING, Jan. 9 (Xinhua) -- The United States Treasury Secretary Timothy Geithner will discuss economic ties and exchange views with Chinese officials on the global economic situation during his trip to China, Foreign Ministry spokesman Liu Weimin said on Monday.Liu said at a regular press briefing that Geithner will visit China from Jan. 10 to 11 as the U.S. President's special representative. Premier Wen Jiabao, Vice President Xi Jinping, Vice Premier Li Keqiang and Vice Premier Wang Qishan will meet with him during the visit.Liu said China and the U.S. have agreed to build a partnership of cooperation based on mutual respect and mutual benefit."The global economic and financial situation is facing severe challenges. Further strengthening China-U.S. economic and trade cooperation will be helpful in meeting these challenges," Liu said."China has proposed further promoting the two countries' economic and trade cooperation and hopes the U.S. will work with China toward this end," Liu said.

BEIJING, Otc. 26 (Xinhuanet) -- The more coffee people consume, the less likely they develop the most common form of skin cancer, a new study suggests, according to media reports Tuesday."Our study indicates that coffee consumption may be an important option to help prevent basal cell carcinoma," stated Fengju Song, lead researcher of the study and a postdoctoral fellow in the department of dermatology at Brigham and Women's Hospital and Harvard Medical School in Boston.Basal cell carcinoma (BCC) is reported to be a slow-growing form of skin cancer that accounts for 75 percent of all skin cancers. It is the most common type of skin cancer, with nearly one million new cases diagnosed each year in the United States.Although BCC is hardly fatal, if ignored, there may be consequences of treatment, including disfigurement, according to a USA Today report.The US researchers found that women who drank over three cups of coffee a day were 20 percent less likely to develop BCC, whereas the risk of having BCC for men who consumed more than three cups per day lowered 9 percent.To get the findings, the researchers analysed data from almost113,000 people between1984-2008 and over 23,000 were diagnosed with BCC.The researchers agreed that caffeinated coffee was associated with BCC risk reduction, but decaffeinated coffee did not have such effect.According to a Fox News report, besides cutting the risk of skin cancer, coffee consumption has also been found to lower the risk of breast cancer and prostate cancer and cancer overall."To the best of our knowledge, coffee consumption is a healthy habit," said Fengju Song, cited by the Fox News.The findings were presented Monday at the American Association for Cancer Research International Conference in Boston and not yet published in a scientific journal.

SAN FRANCISCO, Oct. 4 (Xinhua) -- Apple Inc. on Tuesday unveils iPhone 4S, the much-anticipated latest generation of iPhone.At the event held at Apple headquarters in Cupertino, California, U.S., newly installed Chief Executive Officer Tim Cook took stage to give a general introduction of Apple's products, his first product presentation after taking over the reins from Steve Jobs in August.According to Apple, there are several key features that make the new iPhone 4S different from the current iPhone 4. With a 3.5- inch widescreen multitouch display, the new device features dual- core A5 processor, the chip used in the iPad 2, and a higher- resolution eight megapixel camera which can grab 73 percent more light and take a 1080p high-definition video.The battery can support internet use up to six hours on 3G network and nine hours on Wi-Fi, as well as talk time up to eight hours on 3G and 14 hours on 2G. U.S., newly installed Chief Executive Officer Tim Cook takes stage to give a general introduction of Apple's products, Oct. 4, 2011. Apple Inc. on Tuesday unveils iPhone 4S, the much-anticipated latest generation of iPhone.Based on the dual-antenna design of iPhone 4, Apple said that iPhone 4S can intelligently switch back and forth between them to send and receive, improving the reception and throughput on the device. The iPhone 4S is also a world phone, which means both GSM and CDMA network customers can roam internationally on GSM networks on a single phone. It also supports HSPA+, a 4G mobile technology that allows for data transmission speeds up to 42 Mbps.Another important feature is the new voice control called Siri, an intelligent assistant that helps users get things done just by asking questions, such as call people, reminders, compose and dictate email, weather, stocks, search web and etc..For example, Siri understands users who are looking for a weather forecast when they ask questions like "Do I need an umbrella today," "What's the upcoming forecast," and "Is the weather going to get worse today."The iPhone 4S will run the latest version of Apple's mobile operating system iOS 5, which will be available as free update next Wednesday. The new iOS 5 has more than 200 new features, such as a deep Twitter integration, Notification Center and iMessage, a new messaging service.The latest smartphone also comes with the launch of iCloud, Apple's cloud computing service which automatically and wirelessly store users' content and push it to all Apple devices from mobile devices and music players to desktops and notebooks. Apple will launch iCloud next Wednesday."iPhone 4S plus iOS 5 plus iCloud is a breakthrough combination that makes the iPhone 4S the best iPhone ever," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "While our competitors try to imitate iPhone with a checklist of features, only iPhone can deliver these breakthrough innovations that work seamlessly together," said Schiller, who led the iPhone 4S introduction at the Tuesday's event.The new iPhone 4S will start at 199 U.S. dollars with a storage capacity of 16 GB and 399 dollars for the 64 GB model. The pre- orders begin on Friday and the phone will ship next Friday. Apple said that iPhone will be in 70 countries and regions, on 100 carriers when the roll out is done. In the United States, along with AT&T and Verizon, iPhone 4S will also come to Sprint, the third-largest mobile-phone carrier in the country.

来源：资阳报