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BEIJING, Sept. 9 (Xinhua) -- Senior Communist Party of China (CPC) leader Li Changchun on Thursday called on teachers to be "role models" for students and lead by example in matters of discipline and integrity.Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks when watching a performance dedicated to Teachers' Day, which falls on Friday.More than 700 teachers and students, and a dozen "model teachers" selected by Chinese netizens, joined Li to watch the performance.The Ministry of Education organized an election of "model teachers" online beginning August 8. During the month-long election, around 1.2 million people participated in the voting. A total of 33 teachers stood out among the 96 candidates, representing 31 provinces, municipalities and autonomous regions.

TAIPEI, Sept. 11 (Xinhua) -- Financial organizations from the Chinese mainland and Taiwan have stepped up cooperation to take advantage of business opportunities brought by a landmark cross-Strait economic pact, the Economic Cooperation Framework Agreement (ECFA).The board of directors of Taiwan-based Taishin Financial Holdings decided on Sept. 9 to sign a cooperation agreement with mainland-based Nanjing Zijin Investment Co., a move hailed by the company as "the first step to enter the mainland."The agreement aims to promote exchanges and cooperation between the two companies and their subsidiaries, while Nanjing Zijin will ease the way for Taishin's new operations on the mainland, Taishin said.The company's Taishin Bank is also planning to set up an office in Nanjing, capital of east China's Jiangsu Province.Prior to this, China Huarong Asset Management Corporation (CHAMC) and Taiwan-based SinoPac Holdings signed an agreement in Beijing on Sept. 3 to begin a new strategic cooperation. According to the agreement, the two sides will cooperate in personnel training, exchange of management experiences and information, as well as in research, development of new products and new business models.Huarong President Lai Xiaomin said the ECFA would promote a quickening flow of economic resources across the Taiwan Strait, including the movement of personnel, materials, capital and information."The ECFA will bring great business opportunities for cross-Strait economic development and boost cooperation between financial institutions on both sides, thus bringing new development opportunities for financial industries across the Strait," he said.The ECFA, which is to take effect on Sunday, was signed by negotiators from the mainland and Taiwan in June, and aims to establish a systematic mechanism for enhancing cross-Strait economic cooperation.Wang Jianmin, a researcher of the Institute of Taiwan Studies of the Chinese Academy of Social Sciences, said substantial financial cooperation between the two sides has lagged behind trade cooperation for a long time."The ECFA, however, will have a positive impact," he said.The banking service sectors might be among the first to make breakthroughs in cross-Strait financial cooperation.The mainland-based Bank of China and Bank of Communications applied to the Taiwan economic department on Sept. 7 to set up representative offices in Taiwan.According to the ECFA, mainland banks can set up representative offices in Taiwan upon approval by the Taiwan authority and can then apply to set up a branch bank one year after the establishment of representative offices on the island.

BEIJING, Sept. 26 (Xinhua) -- Senior Chinese leaders have called for harsh punishments and effective precautions to be taken against public officials' dereliction of duty.Both punishment and precautionary measures were important in promoting social harmony and stability, and should be paid equal attention, they stressed.Wu Bangguo, He Guoqiang and Zhou Yongkang, who are members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during their visit on Sunday to an exhibition on China's procuratorates' work to fight against crimes of malfeasance and rights infringement.The fight against such crimes was also part of the country's anti-corruption campaign, they said.The leaders also called on government officials and Party cadres to take the lead in upholding China's Constitution and laws and make further efforts to improve their awareness of the rule of law.When dealing with cases of officials' negligent conduct, procuratorial agencies should diligently practice their duty of supervision and strictly enforce the laws for the interest of the people, the leaders said.

BEIJING, Sept. 27 (Xinhua) -- Top Chinese legislator Wu Bangguo met here Monday with President of the National Assembly of Mali Dioncounda Traore and the two sides pledged to enhance parliamentary exchanges.Wu, chairman of China's National People's Congress Standing Committee, welcomed his counterpart at the Great Hall of People in Beijing.Wu said Mali was one of the first countries in Sub-Saharan Africa to establish diplomatic ties with China and bilateral relations between the two countries have endured various tests over the years.The sustainable development of bilateral ties has its basis in political mutual respect and mutual economic benefit, Wu said.He said Chinese President Hu Jintao's successful visit to Mali last year pushed bilateral relations to a new high.This year marks the 50th anniversary of the establishment of diplomatic ties between the two countries.Expressing hope to work with Mali to deepen friendship and expand cooperation, Wu said China's National People's Congress attaches great importance to exchanges with the Malian National Assembly.Traore said Mali and China have traditional friendship and Mali admires China's national solidarity, social harmony and rapid economic growth.Mali will further develop bilateral ties between the two countries and their parliaments, Traore said.He reiterated Mali's strict observance of the one-China policy. He also said Mail supports China on issues concerning China's core interests.

WASHINGTON, Oct. 10 (Xinhua) -- China would continue reform of the formation mechanism of its currency exchange rate to improve its flexibility, but will do so in a gradual way, Zhou Xiaochuan, Governor of the People's Bank of China, China's central bank, said here on Sunday.Westerners prefer Western medication method that is quick but drastic, while Chinese people prefer traditional Chinese medication that is slower and giving time for different herbs to take effect. A steep rise of Chinese currency yuan would cause harms, Zhou told a group of bankers and reporters during a luncheon speech at the 2010 annual membership meeting of the Institute of International Finance (IIF).Governor of the People's Bank of China (PBOC) Zhou Xiaochuan hosts a press briefing during the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., capital of the United States, Oct. 8, 2010. To manage Chinese currency issue is a "complicated art," as you have to take into consideration domestic inflation, unemployment rate, gross domestic product (GDP) growth, balance of payments and other factors, he added.IIF, which represents over 420 world leading financial institutions headquartered in more than 70 countries, host its annual membership meeting in Washington D.C. between Oct. 8 and 10, when the International Monetary Fund and World Bank host their annual meetings in the same time.