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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.

SHANGHAI, Oct. 10 (Xinhua) -- The China Pavilion at the Shanghai World Expo welcomed the 8 millionth visitor Saturday as a senior pavilion official announced its exhibition would run for another six months, beginning Dec.1."The China Pavilion's exhibitions will be extended for half a year beginning Dec.1 to meet people's needs", said Qian Zhiguang, deputy director of the China Pavilion on Saturday.The China Pavilion, named "The Crown of the East", has become increasingly popular since the World Expo open on May 1, with an average of 50,000 visitors daily.However, space restrictions have resulted in many visitors being turned away during the Expo, which closes at the end of October.Further, the China Pavilion is negotiating with local museums which are displaying historical items, to continue showing these national treasures, including bronze chariots and horses from the Qin Emperor, ancient porcelain, and invaluable Chinese paintings from 800 years ago.The China Pavilion is one of the permanent structures that will remain after the World Expo.

LISBON, Nov. 6 (Xinhua) -- Visiting Chinese President Hu Jintao and his Portuguese counterpart, Anibal Cavaco Silva, agreed on Saturday to further deepen the comprehensive strategic partnership between their countries.Both China and Portugal boast ancient civilizations and have made great contributions to human progress, Hu said during a meeting here with Silva, noting that the smooth settlement of the Macao issue has set an example for other nations to tackle outstanding historical disputes.The two countries suffer no conflict of fundamental interests, their peoples cherish friendly feelings toward each other, and their relations have been growing steadily, he added.Development of bilateral ties since Beijing and Lisbon established diplomatic relations 31 years ago has demonstrated that the two sides should treat their relationship from a strategic and long-term perspective and stick firmly to the right direction for its further advancement, Hu said.Both countries should also understand and support each other's major concerns and enhance mutual political trust, while further expanding practical cooperation in various fields on the basis of mutual benefit and win-win progress to consolidate the foundation of their relations, he added.The Chinese side, Hu stressed, appreciates Portugal's adherence to the one China policy and its efforts to promote relations between China and the European Union (EU).Silva, for his part, welcomed Hu's visit, and hailed the time-honored ties between Portugal and China, which he said were based on mutual respect.The successful settlement of the Macao issue has created favorable environment for Macao's social and economic development, he said.

BEIJING, Nov. 1 (Xinhua) -- China launched an association on Monday to evaluate the quality of the nation's higher education."The association, as a non-government organization, is designed to evaluate and supervise the quality of higher education," said Lin Huiqing, an official with the Ministry of Education, at the launching ceremony held in Beijing.The association is composed of over 200 educational institutions as members, including the Higher Education Evaluation Center of the Ministry of Education, Shanghai Educational Evaluation Institute, Peking University, Beijing Normal University, and others.China's higher education has been blamed for a decline in quality since 1999 when the government started to expand college enrollment."Therefore, we should establish a nation-wide network to evaluate the teaching methods, development of each discipline and curriculum designs of each school," Lin said.According to Ji Ping, a senior official in charge of the evaluation of educational quality with the Ministry of Education, China started to implement higher education quality evaluations in the 1980s, and decided to carry out evaluation once every five years since 2003."It is time for us to start a new round of higher education evaluations," Ji said, noting that the priority of China's higher education is to improve its quality."We have required the local schools to make regular evaluations themselves, and invite experts to carry out independent assessments," Ji said.

TOKYO, Aug. 31 (Xinhua) -- Visiting China's special representative on Korean Peninsula affairs Wu Dawei said Tuesday that Beijing plans to put forward fresh measures to resume the stalled six-party talks at an early date.Wu made the comment to reporters after meeting with Japanese Foreign Minister Katsuya Okada, but he did not elaborate on what measures China will propose to bring Pyongyang back to the negotiation, which have been suspended since December 2009.Wu, who chairs the six-party talks involving Democratic People' s Republic of Korea and South Korea, China, Japan, Russia and the United States, said China needs to discuss the proposal with these member states and wants to hear their views about it.The Chinese envoy held talks with Japanese Chief Cabinet Secretary Yoshito Sengoku after meeting with Okada.The Japanese side agreed with China that the stability and peace of the Korean Peninsula are in the interest of all parties concerned, and vowed to continue push forward the six-party talks. Both sides said they will work to restart the stalled negotiation as soon as possible.Wu arrived in Tokyo on Saturday for a four-day visit to Japan after visiting Pyongyang and Seoul.