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GUANGZHOU, July 10 (Xinhua) -- The Cross-Strait Economic, Trade and Cultural Forum opened Saturday in the southern city of Guangzhou with leading mainland and Taiwan representatives urging deeper economic ties and cooperation in green energy.This year's forum, a regular event between the Communist Party of China (CPC) and Taiwan's Kuomintang (KMT) Party, focuses on cross-Strait cooperation in green energy, energy conservation and environmental protection.Wang Yi, director of the Taiwan Work Office of the CPC Central Committee, said the forum commenced as the peaceful development of cross-Strait ties achieved new progress. Wang Yi, director of the Taiwan Work Office of the Communist Party of China Central Committee, presides over the opening ceremony of the sixth Cross-Strait Economic, Trade and Culture Forum in Guangzhou, south China's Guangdong Province, July 10, 2010.The Economic Cooperation Framework Agreement (ECFA), reached between the Chinese mainland and Taiwan in late June, signaled that cross-Strait economic ties had entered a new stage of mutual benefits, he said while addressing the opening ceremony.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, said cross-Strait economic cooperation is now facing unprecedented challenges while many opportunities exist as well."We should seize the opportunity and set up multi-level economic cooperation in a bid to benefit each other and, at the same time, boost our competitiveness and risk-resistance abilities," Jia said in his speech."The mainland is speeding up economic restructuring and boosting independent innovation and domestic demand. Meanwhile, Taiwan is also taking measures to restructure its economy and stimulate development," Jia added.He noted that cross-Strait economic cooperation still had much room to grow, especially in the science and technology fields.Jia said the new energy and environmental protection sectors could provide breakthroughs for promoting cross-Strait science and technology innovation.He hoped businessmen and experts would provide useful proposals regarding cooperation in technology research, intellectual property rights and fostering talent.More than 400 people from Taiwan and the mainland attended the forum on Saturday and Sunday in Guangzhou, capital city of Guangdong Province.The event is the sixth of its kind since the forum was first held in 2006.
SUZHOU, Jiangsu, June 12 (Xinhua) -- Scholars and officials stressed the importance of protecting cultural heritage at the World Expo's second theme forum which opened in Suzhou, east China's Jiangsu Province on Saturday.Culture remains the soul of a city and urban residents not only need to ensure that traffic moves smoothly, infrastructure projects are completed and their economic futures are secure, but they must also protect their cities' diversified cultures, noted Minister of Culture Cai Wu.The country's urbanization has improved people's lives, but also resulted in problems such as a disappearing cultural heritage and the sometimes monotonous appearance of cities, Cai said."If it goes on like that, it will certainly impede the growth of a city or a country and reduce the quality of people's lives," Cai warned.Further, globalization was causing more pressure to protect the nation's cultural heritage, said Sha Zukang, head of the United Nations Department of Economic and Social Affairs.Cultural heritage protection should focus on providing a diversified culture rather than a monotonous culture, Sha said.With the theme focusing on cultural heritage and urban regeneration, the two-day forum was co-organized by the Ministry of Culture, the State Administration of Cultural Heritage, the Executive Committee of Expo 2010 Shanghai China, the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the government of Suzhou.The forum has attracted nearly 800 participants from some 20 countries and regions, as well as international organizations.Participants to the forum include Deputy Director-General of UNESCO Hans d' Orville and the French architect and designer of China's National Center for the Performing Arts, Paul Andreu.A total of 189 countries have sponsored pavilions at the six-month Shanghai World Expo, whose theme is "Better City, Better Life".

BEIJING, June 21 (Xinhua) -- China's announcement that it would allow more flexibility in its yuan exchange rate meant an end to the crisis-mode policy the government took to cushion the blow from the global financial crisis, experts interviewed by Xinhua said Monday.The People's Bank of China, also known as the central bank, said Saturday that it decided to proceed even further with the reform of the Renminbi exchange rate to add flexibility to the RMB exchange rate.The decision was made in view of the recent economic situation and financial market developments at home and abroad, as well as due to the balance of payments situation in China, the central bank said. However, it ruled out a one-off revaluation of the yuan as there was no basis for large changes in its value.Experts noted it was the correct time for the exchange rate policy to return to its normal state, given the consolidated economic recovery, large decline in trade surplus and more balanced international payments.Zhao Xijun, deputy dean of the School of Finance with the Renmin University of China, said the normalization of China's exchange rate policy would intensify China's economic connection to the global economy and help promote the country's economic restructuring and adjustments of its development mode.China moved to a managed floating exchange rate regime in July 2005 which was based on market supply and demand and referencing a basket of currencies. The reform of the RMB exchange rate has made continuous progress since then, producing the anticipated results and playing a positive role.The financial crisis which broke out in the United States in 2008 shook the global financial markets and dented investment confidence. To counter fallout from the economic turmoil, nations rolled out their crisis-mode measures.Zhou Xiaochuan, governor of the central bank, said in March that the exchange rate policy China took amid the crisis was part of the government's stimulus packages, and would exit "sooner or later" along with other crisis-measures.China's economy expanded at 11.9 percent year on year in the first quarter of this year and exports surged 48.5 percent in May, government data showed.Zhao said China narrowed fluctuation of the RMB exchange rate to stabilize market sentiment and stimulate economic growth amid crisis, which was in the interests of China and contributed to the country's economic recovery.During the worst of the global crisis, exchange rates of a number of sovereign currencies to the U.S. dollar depreciated by large margins while the yuan kept stable. Against these depreciating currencies, the value of the yuan has been rising."Undoubtedly, it improved the trade environment for these countries and helped them through hard times," Zhao said, noting the policy contributed significantly to the Asian and global recovery."Narrowing the fluctuation of the yuan's value was the best exchange rate policy China could take during the crisis period, which gave export businesses a stable expectation of the yuan's value and reduced costs caused by a volatile currency," said Xiang Songzuo, Deputy Director of the Center for International Monetary Research at Renmin University of China.The central bank's move also intended to increase competitiveness of export businesses and accelerate economic restructuring.Zhao said when the RMB exchange rate regime becomes more market-oriented, China's export businesses should take more responsibilities and become more self-reliant.The central bank said Sunday that the management and adjustment of the yuan exchange rate would occur gradually, which was necessary to give export businesses time to adjust their business structures and create more jobs in the service sector.Cao Honghui, senior researcher with the Institute of Finance and Banking under the Chinese Academy of Social Sciences, said the further proceeding meant China would rely more on domestic demands for economic growth, which would push forward adjustments of the global economic structure.The central parity of the Renminbi against the U.S. dollar remained at 6.8275 Monday, unchanged from the previous trading day, according to the China foreign Exchange Trading System.
BEIJING, July 28 (Xinhuanet) -- China will end the public shaming of prostitutes by parading them through the streets, the People's Daily reported on Tuesday, following controversy over cases in which sex workers were paraded in public.Ministry of Public Security has ordered the police to stop parading suspects in public and has called on local departments to enforce laws in a "rational, calm and civilized manner," the report said.Prostitution is illegal in China and police sometimes used means such as parading prostitutes in public as a deterrent. However, recent cases have sparked controversy on the Internet.Earlier this month, local media in the city of Dongguan in southern China's Guangdong province published pictures of two suspected prostitutes and two patrons who had been detained by police. The handcuffed girls were shown walking barefoot, handcuffed and tethered by a rope around their waists.In another case this month, police in Wuhan, capital of central China's Hubei province, posted a public notice about a vice raid, including personal information about prostitutes and their clients.
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