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BEIJING, May 31 (Xinhua) -- China's gasoline prices will be cut by 230 yuan (33.7 U.S. dollars) per tonne and diesel prices by 220 yuan per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced Monday.The price cuts came after a record high in price hikes in April. The previous price cut was in September 2009.Before the adjustment, the benchmark price of gasoline was 7,420 yuan per tonne and diesel 6,680 yuan per tonne.Cao Changqing, head of price department of the NDRC, said the adjustment was "timely and in a proper amount" in response to recent changes in the international crude oil prices.International crude oil prices had been rising before May, when they began to decline, the NDRC statement said. The recent drops had amounted to 4 percent, meeting price adjustment conditions, it added.Cao said the move was also based on the global and domestic economic sitations and oil supply and demand as well as the country's pricing mechanism.In 2009, China adopted an oil pricing mechanism that allows the NDRC to adjust retail fuel prices when the international crude oil price changes by more than 4 percent over 22 straight working daysThe government would raise benchmark prices for domestically-produced onshore natural gas by 230 yuan per thousand cubic meters, or 24.9 percent, to 1,155 yuan per thousand cubic meters because of relatively low prices and strong demand, he said.

BEIJING, April 29 (Xinhua) -- Top Chinese legislator Wu Bangguo met with French President Nicolas Sarkozy in Beijing Thursday, pledging more parliamentary exchanges in a bid to facilitate bilateral ties.Wu, chairman of the Standing Committee of the National People' s Congress (NPC), said a healthy and stable China-France relationship is in accordance with the interests of both countries.China will work closely with France in the spirit of equality and mutual respect to push forward an all-round strategic partnership, Wu added.Wu Bangguo (R), chairman of the Standing Committee of the National People's Congress, meets with French President Nicolas Sarkozy at the Great Hall of the People in Beijing, capital of China, April 29, 2010.Wu said the NPC will work with the French side to improve parliamentary exchange mechanisms.The NPC will also increase dialogue and communication with the French side to serve bilateral ties, Wu added.Wu also briefed Sarkozy on China's reform of its political system, its construction of democracy and its legal system.

BEIJING, April 21 (Xinhua) -- The Chinese people continued to donate for the quake-hit zone in northwestern province of Qinghai on Tuesday, while getting ready for a nationwide mourning for those killed in the April 14 earthquake on Wednesday.A TV charity show on Tuesday evening raised 2.175 billion yuan (about 319 million U.S. dollars) in donations for the Tibetan Autonomous Prefecture of Yushu, where the 7.1-magnitude quake has left at least 2,064 people dead, 175 missing, and 12,135 injured by Tuesday.In the small hours of Wednesday, most websites and news portals in China have already turned black and white as part of the national mourning, which will be formally kicked off on Wednesday morning.

BEIJING, April 4 (Xinhua) -- With China's traditional holiday for honoring the dead falling on Monday, throngs of people jostle along the 2-km road in Liudaokou village, Tianjin Municipality, where more than 100 wholesale funeral supply shops compete for business."This urn is 170 yuan (24.9 U.S. dollars) wholesale, 1,000 yuan retail here. A retailer can sell it for 5,000 yuan in the city," says saleswoman Li Na, pointing at a plain red wood urn inscribed with two Chinese characters "bai fu", or a hundred blessings."It's easy money," says Li. "Take urns for example, no one wants to bargain for a container of his father, mother or whoever's ashes."In a country where about 10 million people die every year, the funeral industry market is worth tens of billions yuan, says Hao Maishou, a researcher with Tianjin Academy of Social Sciences.However, a lack of market standards and management is allowing unscrupulous business people to monopolize areas of the industry and exploit people's grief, Hao adds.URN PRICESIn another shop, tags claim that the urns, priced from 200 to 600 yuan, are made of rare and precious ebony or redwood, a claim that invites questions.Li says, "Of course they are not made of ebony or redwood, or they would not be so inexpensive, but if the urns were finely made and tagged with high prices, customers wouldn't doubt it."Wang Na, owner of Lingzhitang funeral supply shop, teaches a novice retailer to sell a 200-yuan urn for 5,000 yuan. "Say it's ebony, rosewood, redwood or whatever precious material and quote high. Customers like premium urns. They won't buy cheap ones."Elaborate funeral remains a traditional culture of the Chinese, as nobody wants to be regarded as stingy or unfilial on funeral issues, especially for deceased family members, says a Tianjin businessman involved in funeral service, who only identifies himself as Liu."As long as you understand and utilize such a feeling, you are guaranteed to make a pile," Liu says.At an urban Tianjin funeral home, a government-run facility that provides cremation and funeral services, an "ebony" urn bearing the traditional painting, Riverside Scene on Tomb-sweeping Day, sells for 12,800 yuan while the same urn costs only 1,100 yuan in Liudaokou.A plain-looking urn inscribed "Always remembered" in Chinese characters is priced at 10,000 yuan. Urns of the same inscription, materials and shape sell for 180 yuan in Liudaokou.

CHICAGO, May 22 (Xinhua) -- The macroeconomic control policies adopted by the Chinese government since mid-2008 have been proven successful, two economists said Saturday.Since late 2008, the Chinese government has taken a series of macroeconomic control policies to deal with the global financial crisis. The government carried on massive financial investment, some of which focused on real estate."In spite of some problems, the Chinese government has been making great progress in regulating and controlling the Chinese economy during the global financial crisis," Min Tang, a Chinese economist, said in an exclusive interview with Xinhua."Everything has two sides, good and bad. This macroeconomic control policy is an action taken to fight against a crisis," he said.Tang believed that whether or not the policies are successful should be judged from the macro perspective instead of a micro perspective."China was able to resume its rapid growth first when the global economy was still going downhill," Tang said, "China also successfully kept the confidence of its people and enterprises, which is more important than anything else. Therefore, the government's macro control is very successful."