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BEIJING, Nov. 22 (Xinhua) -- Chinese Ministry of Public Security said Monday that the nation's police authorities had shut down 500 underground banks since 2002 in its battle against money laundering.Ten crack-down campaigns have be waged since 2002 when the ministry set up a division dedicated to anti-money laundering, in which over 100 cases involving more than 200 billion yuan (30 billion U.S. dollars) have been handled, the ministry said in a statement.The ministry has trained more than 400 police officers specialized in handling money laundering cases over the past eight years, said the statement.In order to promote international cooperation, China joined the Moscow-based Eurasian Group on Combating Money Laundering and Financing of Terrorism as a founding member state inn October 2004.In June, 2007, China joined another international anti-money laundering organization, the Paris-based Financial Action Task Force on Anti-Money Laundering.

BERLIN, Jan. 7 (Xinhua) -- China and Germany will ink 8.7 billion U.S. dollars worth of business deals during Chinese Vice Premier Li Keqiang's visit to Germany, Chinese Ambassador to Germany Wu Hongbo said here on Friday.Wu said at a press conference that Li was accompanied by some 120 Chinese business leaders on his current visit. The two sides are expected to sign 11 agreements and commercial contracts worth some 8.7 billion dollars, covering such fields as automobile purchase, financial cooperation, energy and machinery.Earlier on Friday, Li met with German President Christian Wulff and then held talks with Chancellor Angela Merkel.Li told the German leaders that China is a long-term and responsible player in European financial markets. China has increased its holdings of, and will continue to buy Spanish government bonds.Li said China viewed Europe as an important partner and would like to see a prosperous Europe.Li, who started his four-day official visit to Germany on Thursday, is due to meet with German Foreign Minister Guido Westerwelle in the afternoon and attend a signing ceremony of the business deals between the two countries.

BEIJING, Dec. 12 (Xinhua) -- China said it will make greater efforts to start six-party emergency consultations because tensions on the Korean Peninsula have not eased."The six-party talks are a very important way to advance the denuclearization process on the Korean Peninsula and maintain peace and stability in northeast Asia. We, the concerned parties, should make full use of the talks," Chinese Foreign Minister Yang Jiechi said in an interview in Beijing Friday.Launched in 2003 and stalled since the end of 2008, the six-party talks involve China, Russia, the United States, Japan, the Democratic People's Republic of Korea (DPRK) and the Republic of Korea (ROK)."While the talks have yet to be resumed, we think it is the proper time for emergency consultations between the heads of the delegations of the six parties," said the foreign minister.Tensions remain high on the Korean Peninsula after the DPRK and the ROK exchanged artillery fire on Nov. 23. China proposed emergency consultations among the chief negotiators in December.Amid the international community's repeated calls for restraint and calm, the United States held separate large-scale naval drills with the ROK and Japan in waters near the peninsula."We will continue to make patient efforts to persuade the parties to engage in consultations," Yang said.He said the tensions on the peninsular will ease "only if all the parties show their sincerity and make joint efforts.""Stability on the Korean Peninsula is good for all. Chaos there is detrimental for all," he added.During the interview, the foreign minister reiterated China's policy to be a good neighbor and partner in Asia while continuing to make contributions to the rise of the region.Yang said China suggests a new security concept that features "mutual trust, mutual benefit, equality and coordination," be fostered, adding that countries in the region should step up cooperation in anti-terrorism and non-proliferation work."China welcomes other relevant countries playing a constructive role in regional cooperation to help shape an open, inclusive, and win-win cooperative framework in the region," he added.

BEIJING, Dec. 31 (Xinhua) -- Chinese Vice Premier Hui Linagyu Thursday urged efforts be made to supervise the distribution and use of the living allowance for orphans.Tighter supervision should be maintained to make sure that basic living allowances were paid to orphans in a timely and sufficient manner, said Hui in Beijing at a high-level conference discussing the work to support orphans.The central government has allocated over 2.5 billion yuan (around 379 million U.S. dollars) as dedicated funds for the allowance policy in 2010, according to a circular jointly issued by the Ministry of Civil Affairs and the Minister of Finance in late November.Chinese Vice Premier Hui Liangyu (C) speaks during a national teleconference on the orphan supporting work, held by the State Council of China in Beijing, capital of China, Dec. 30, 2010. According to the circular, orphans under the age of 18 living in eastern, central or western regions will receive monthly allowance of 180 yuan, 270 yuan or 360 yuan respectively.The policy was part of China's still-to-be-perfected orphan support system.A sound orphan support system that suits China's economic-social development level would be a "milestone" in the progress of the country's children welfare initiative, said Hui.He said family members and relatives of orphans, welfare institutions, governments and charity groups should make concerted efforts to guarantee orphans' rights to education, healthcare, employment and housing.Hui said more charity funds and volunteers should be encouraged to join the orphan support system.

BEIJING, Dec. 29 (Xinhua) -- Senior Communist Party of China (CPC) official Li Changchun has called for Chinese people to take a serious attitude to their work, while praising the accomplishments of a renown train driver.Li, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the remarks Wednesday after meeting with Li Dongxiao, a veteran train driver.Li Dongxiao, who has worked in the railway sector for 22 years, is widely known as China's first high-speed train driver, and the man who trained the country's first team of high-speed train drivers.Li Dongxiao, 40, also helped to write a high-speed rail driving manual."It took China five years to achieve what other countries had only acheived after decades of hardwork, and generations of railway staff had worked diligently to realize the goal... Li Dongxiao is an outstanding representative for them," Li Changchun said.Li Changchun said Chinese people should learn from Li Dongxiao's belief in serving the country and its people, and his hardworking and innovative spirit.