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BEIJING, May 2 (Xinhua) -- Chinese had donated 4.2 billion yuan (615 million U.S. dollars) in money and materials for quake-hit Yushu by Saturday, said a statement on the website of the Ministry of Civil Affairs.The donations included 3.51 billion yuan, and quake-relief materials worth 681 million yuan.The post said 604 million yuan, including 56 million yuan and materials worth 548 million yuan, had been channeled to the quake zone. Chinese armed police soldiers help local residents to excavate usable things in quake-hit Yushu County, northwest China's Qinghai Province, May 1, 2010.

WASHINGTON, April 13 (Xinhua) -- Chinese President Hu Jintao and German Chancellor Angela Merkel on Tuesday agreed to further the ties of the two countries.Hu said China-Germany relations are developing soundly, and leaders of the two countries have maintained close contact.China and Germany enjoy good opportunities to move forward their ties under the current complex and changeable international circumstances, said Hu. China is willing to join hands with Germany to raise bilateral ties to a new high, he added.He said China welcomes German President Horst Kohler's visit to China in May and his attendance of the Shanghai World Expo.The two countries have vigorously cooperated in the fields of economics and trade, culture, education, science and technology and justice, and enhanced communication and coordination on regional and international issues.Chinese President Hu Jintao (R) shakes hands with German Chancellor Angela Merkel in Washington, the United States, April 13, 2010. Hu and Merkel are in Washington to attend the Nuclear Security Summit.As to climate change, Hu emphasized the issue concerns the world's sustainable growth and the well-being of the peoples of different countries, so it requires joint response from the international community.The Chinese president said the results of the Copenhagen climate change conference were hard-won, and developed countries should honor their promises to provide fund and transfer technology to developing countries.

BEIJING, April 30 (Xinhua) -- Overseas Chinese hailed the opening ceremony of the 2010 Shanghai World Expo Friday, saying it was a "perfect example of integration of Chinese characteristics and world diversity.""As an overseas Chinese, I feel so proud to see such a great event being hosted by China, and I feel the same excitement as was in Beijing Olympic games," said He Xiaohui, a Chinese community leader in Washington.She said the performance stage used blue as its main color, a color that represents peace and harmony, which echoes the theme of the expo."The Shanghai Expo could be a good opportunity. On the one hand, it will make the world better understand the world. Meanwhile, and more importantly, it will make the world better understand China."In Germany, Fu Chunping, chairman of the federation of Chinese associations, said he was deeply impressed by (Jean-Pierre Lafan, president of Internatinal Exposition Bureau)'s long sentences of Chinese in his address, which "showed the world's recognition of the Chinese culture."Fu said Chinese people in Germany were proud of the homeland and wished the Shanghai Expo a full success.In Italy, ethnic Chinese got together and watched the televised opening ceremony, describing it as a showcase of China's development.Though a work day, many local Chinese gathered in the Wenzhou Bar in downtown Rome to watch the live broadcast from China's CCTV channel 4.As an organizer of local Chinese, Xiaomin Chen told Xinhua that many Chinese came to the bar earlier for the celebation. "Some even cancelled their appointments and other social activities to watch the opening ceremony, because it is the most important thing for them today, they won't miss the chance.""Now they watch TV, some of them have already arranged their trip to China to visit the World Expo in Shanghai. They usually leave for Shanghai in August because many Italians will go abroad for vacation," he said.Zhengxi Chen, another organizer, told Xinhua the Shanghai Expo was an opportunity both for China and the world, especially at a time when the world was suffering from the impact of the financial crisis.For local Chinese in Italy, the World Expo in Shanghai was also a historical chance to learn new knowlege and creative ideas, he said.In South Korea, Chinese students there used their cellphones, MSN and emails to share the excitement of the opening ceremony.Zhang Leisheng, a student at Yonsei University, said he was very exicted after watching the gala live through the Internet with his Chinese compatriots."The spectacular ceremony made me feel very proud to be a Chinese," he said.Over 100 years ago, when China took part in London's World Expo, it was just playing a supporting role and now it had become a host of World Expo, said Pu Bo, a student at Sungkyunkwan University, adding that he was very pleased with a stronger China.The Shanghai World Expo opened Friday night with artistic performances, fireworks and high technologies that epitomized 159 years of Expo history.Thousands of people watched the gala live at the futuristic, UFO-shaped Shanghai Expo Cultural Center, a centerpiece facility at the Expo Park, while thousands more enjoyed fireworks, lights and fountains on the waterfront promenade, the Bund.It is the first time the 159-year-old World Expo has been held in a developing country.

BEIJING, April 11 (Xinhua) -- China's banking regulator said on Sunday that banks should not extend loans to home buyers who intend to use the money for speculative purposes.Lenders should increase their awareness about financial risks and raise the down payment ratio "by a large margin", said the China Banking Regulatory Commission (CBRC) in a statement.Down payment ratio of a second or more houses should be no less than 40 percent and the interest rates should be strictly in line with risks, according to the statement.The action is the latest in a campaign by the central government to dampen China's overheated property market.

PYONGYANG, April 3 (Xinhua) -- The Democratic People's Republic of Korea (DPRK) top leader Kim Jong Il hosted a dinner party on Saturday for new Chinese ambassador Liu Hongcai, Chinese embassy diplomats and the visiting Chinese Tianjin Women's Volleyball Team.The Workers' Party of Korea (WPK) Central Committee Secretary Kim Ki Nam said in his address the traditional DPRK-China friendship, which was fostered by the elder generations of the two countries' leaders, had developed to new levels under the guidance of WPK General Secretary Kim Jong Il and Communist Party of China (CPC) Central Committee General Secretary Hu Jintao.Liu said China wanted to make more effort with the DPRK side for continuous consolidation and development of the China-DPRK friendship and cooperation.WPK Central Committee Secretary Choe Thae Bok, DPRK Foreign Affairs First Vice-Minister Kang Sok Ju and other major WPK and DPRK military officials were present at the party, at which the Chinese and DPRK sides sang national songs.Before the party, Choe, Kim Ki Nam and Liu watched a friendly match between the Tianjin volleyball team and the 4.25 Women's Volleyball Team of the DPRK.

来源：资阳报