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BEIJING, June 19 (Xinhua) -- The People's Bank of China, China's central bank, has decided to proceed further with the reform of the Renminbi exchange rate regime to enhance the RMB exchange rate flexibility, a spokesperson of the central bank said Saturday.The decision was made in view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China, the spokesperson said in a statement.In further proceeding with the reform, continued emphasis would be placed to reflecting market supply and demand with reference to a basket of currencies. The exchange rate floating bands will remain the same as previously announced in the inter-bank foreign exchange market, the spokesman said.The spokesperson said China's external trade is becoming more balanced. The ratio of current account surplus to GDP, after a notable reduction in 2009, has been declining since the beginning of 2010."With the BOP account moving closer to equilibrium, the basis for large-scale appreciation of the RMB exchange rate does not exist," the spokesperson said.The PBOC will further enable market to play a fundamental role in resource allocation, promote a more balanced BOP account, maintain the RMB exchange rate basically stable at an adaptive and equilibrium level, and achieve the macroeconomic and financial stability in China, the spokesperson said.China has moved into a managed floating exchange rate regime based on market supply and demand with reference of a basket of currencies since July 1, 2005.The spokesperson said the reform of the RMB exchange rate regime has been making steady progress since 2005, producing the anticipated results and playing a positive role.With the current round of international financial crisis was at its worst, the exchange rate of a number of sovereign currencies to the U.S. dollar depreciated by varying margins."The stability of the RMB exchange rate has played an important role in mitigating the crisis' impact, contributing significantly to Asian and global recovery, and demonstrating China's efforts in promoting global rebalancing," the spokesperson said.The gradual recovery of the global economy and upturn of the Chinese economy has become more solid with enhanced economic stability. It is desirable to proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility, said the spokesperson.

BEIJING, July 13 (Xinhua) -- China Tuesday pledged to continue to promote the development of military relations with Singapore.Chinese Defense Minister Liang Guanglie made the remarks when meeting with Chiang Chie Foo, visiting Permanent Secretary of the Singaporean Defense Ministry.Recent years had witnessed a rapid development of China-Singapore relations, with political mutual trust, a reciprocal and mutually beneficial economic relationship and fruitful cooperation, Liang said.Bilateral military ties had undergone a healthy development, with sound exchanges and cooperation mechanisms, frequent high-level visits and good cooperation in personnel training, joint military training and escort missions, Liang said.China was willing to work with Singapore to continuously boost relations between the two countries and armed forces, so as to play an active role in jointly safeguarding regional security and stability, he said.Chiang said Singapore attached great importance to the development of its relations with China.The two armed forces were expected to maintain exchanges and cooperation and to strengthen understanding and mutual trust, he said.Ma Xiaotian, deputy chief of general staff of the Chinese People's Liberation Army, and Chiang co-chaired the third China-Singapore defense policy dialogue before the meeting.Both sides exchanged views in-depth on regional security, relations of the two countries and armed forces as well as other issues of common concern and reached consensus on further strengthening military ties.They agreed to continue to enhance China-Singapore military cooperation and promote the development of friendly and cooperative military relations.The two nations held the first defense policy dialogue in January 2008 in China and the second in March 2009 in Singapore.

TAIPEI, June 9 (Xinhua) -- Governor of east China's Zhejiang Province Lu Zushan started an eight-day visit to Taiwan Wednesday with the aim of deepening economic and cultural cooperation between the two regions.Under the theme "Visiting Friends, Conducting Exchanges and Cooperation," the delegation will launch cooperation programs with Taiwanese counterparts in finance, agriculture, tourism, culture and education.The delegation will learn about Taiwan's experience in environment protection, disaster response and relief, and public services at the grassroots level.The delegation will also visit residential communities, villages and enterprises to communicate with local residents.Apart from provincial government officials, the delegation also includes entrepreneurs. One of the entrepreneurs is Ma Yun, CEO of Zhejiang-based Alibaba Group, the parent of Alibaba.com, the global e-commerce site for small and medium businesses that connects buyers and sellers.During a meeting between Lu and the Taiwan-based Kuomintang's (KMT) honorary chairman, Wu Poh-hsiung, Wednesday, both sides expressed their hopes to increase the number of Zhejiang residents visiting the island this year.Nearly 130,000 Zhejiang residents visited Taiwan last year, accounting for about 20 percent of the Chinese mainland's total, according to Lu.Both Lu and Wu expected the number of Zhejiang visitors to exceed 180,000 this year.Zhejiang is where many Taiwan people come from."More than one million Taiwanese people are natives of Zhejiang," Lu said.The province is also a magnet for Taiwanese investment. The trade volume between Zhejiang and Taiwan hit 9.06 billion U.S. dollars last year, according to Lu.Since the beginning of this year, leading officials from various municipalities and provinces - Shanghai, Hubei, Fujian, Guizhou, Qinghai, Shandong and Sichuan - and the ministries of commerce and agriculture have led delegations to Taiwan to boost cooperation and exchanges with the island.

HONG KONG, Aug. 25 (Xinhua) -- A chartered plane, carrying the bodies of the eight victims, victims' relatives and survivors in the hostage crisis in Philippine capital Manila, arrived at the Hong Kong International Airport on Wednesday evening.Following the arrival, an around-90-minute condolence ceremony was held at the airport, with a senior Hong Kong official and the victims' relatives laying wreaths on the coffins.In a speech after the ceremony, Chief Secretary for Administration of the Hong Kong government Henry Tang urged the Philippine government to provide a detailed account of the causes of death and injury.COMING HOMEThe chartered plane of Cathay Pacific flight number CX 2903, which carried the coffins bearing the bodies of the victims, victims' relatives, several survivors and their kins, arrived in Hong Kong at 7:50 p.m. local time (1150 GMT).The chartered flight took off around 6:19 p.m. local time in Manila after a brief farewell ceremony.The eight slain Hong Kongers and the survivors were among the 21 Hong Kong tourists who were caught in a 11-hour hostage crisis in Manila on Monday. It ended on Monday night with eight hostages killed and seven others injured, one of whom still in critical condition.Upon arrival, Henry Tang, along with President of Hong Kong's Legislative Council Jasper Tsang, Governor of the Non-official Members of Hong Kong's Executive Council Leung Chun-ying, Commissioner of the Ministry of Foreign Affairs Lu Xinhua, and deputy director of the Liaison Office of the Central People's Government in Hong Kong Li Gang, stepped onto the plane to receive them home.After that, a solemn and heart-stricken ceremony was staged at the airport, which was live broadcast by the city's main TV stations.Pulled by trailers, coffins of the eight dead Hong Kongers, batch by batch separated by family, passed and stopped before a crowd of officials and families amid mournful music.Tang and tearful family members of the eight victims laid wreaths on the coffins of the eight victims, before the bodies were sent to Kwai Chung Public Mortuary.Some of the injured were sent to local hospitals, where Hong Kong's Chief Executive Donald Tsang later visited them.

XINING, June 19 (Xinhua) -- Chinese Vice Premier Hui Liangyu has urged local government to pay more attention to improving people's living conditions during reconstruction in the quake-hit Yushu of northwest China's Qinghai Province.Hui made the remark during his inspection tour on Saturday to the area jolted by a 7.1-magnitude earthquake on April 14.At the worst-hit Gyegu town, Hui inspected supply of water, food and fuel, local market, as well as health care services for quake survivors. He urged local government officials to solve difficulties in the daily life of the quake survivors." hspace="0" src="/d/file/p/2010/06/56aed864bc3f607d80fd277e7c894575.jpg" border="0" />Chinese Vice Premier Hui Liangyu (R front) talks to a Tibetan ethnic girl during his visit to a temporary settlement in quake-hit Yushu prefecture, Qinghai Province of northwest China, on June 19, 2010.Materials such as cotton tents, stoves and fuel should reach the hands of quake survivors at an early date in preparation for the winter, he said.Cleaning up debris should be stepped up to create conditions for reconstruction in the quake zone, Hui said.The opinions of local farmers and herdsmen must be heard and their will respected in designing and construction of their homes, Hui said.The 7.1-magnitude quake that struck Yushu on April 14 killed more than 2,200 people and flattened thousands of homes.

来源：资阳报