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WASHINGTON, Dec. 2 (Xinhua) -- China's rapid economic growth is good for the U.S. workers, and the U.S. government is committed to improving bilateral economic relations with China, said U.S. Commerce Secretary Gary Locke on Thursday."China has lifted almost 200 million people out of poverty (in the past two decades). And in the years ahead, hundreds of millions more Chinese will ascend into the middle class," Locke said at a U.S.-China commercial relations forum, which was held in Washington ahead of the U.S.-China Joint Commission on Commerce and Trade (JCCT) session scheduled for Dec. 14-15."The United States welcomes this growth because this is good for the people of China ... it's good for the global economy, and good for U.S. business and ultimately, U.S. workers," said Locke.He noted that as recently as 40 years ago, the commercial relationship between the United States and China barely existed. But in the recent decades, "we have seen our countries grow progressively closer."In 2009, the bilateral trade volume reached some 365 billion dollars. China was the largest supplier of U.S. goods imports in 2009 and was the third-largest market for U.S. exports, only after Canada and Mexico.Locke mentioned that as U.S. Commerce Secretary, he has visited China for four times."Each time I visit China, I'm absolutely amazed by the transformation and the progress within China," he said.Locke noted that although there are disagreements between the two sides, there are more opportunities for cooperation."In many areas, especially in emerging industries, like clean energy and biotechnology, the interests of China and the United States are tied together. And the reform as good for the U.S. will be good for China as well," he added.Locke also revealed that during the upcoming 21st session of the JCCT in Washington D.C., the two countries will seek to further "nurture and improve the most highly-scrutinized bilateral economic relationship on Earth.""This is our most important bilateral dialogue or mechanism for resolving trade and investment issues between our two countries," he stressed.The session will be co-chaired by Locke and U.S. Trade Representative Ron Kirk with Chinese Vice Premier Wang Qishan. U.S. Secretary of Agriculture Tom Vilsack will also join the dialogue.

BEIJING, Dec. 31 (Xinhua) -- On the last trading day of 2010, the Chinese currency, the yuan, strengthened to a record high for a second consecutive day, at 6.6227 per U.S. dollar, after 11 consecutive days of gains.The central parity rate of the currency, also known as the renminbi (RMB), was set two basis points stronger than Thursday's 6.6229, according to the China Foreign Exchange Trading system.China's central bank announced on June 19 it would further reform the formation mechanism of the yuan exchange rate to improve its flexibility.

BEIJING, Jan. 4 (Xinhua) -- China's Vice Premier Zhang Dejiang Tuesday urged the nation's railway departments to step up efforts to promote safe railway transport and build quality railway projects to better serve social-economic development.Further, priority should be placed on ensuring the safety of the country's high-speed railway in the next five years, Zhang told a national railway conference.Zhang urged railway departments to accelerate construction of the major projects while strengthening quality management and control.He also ordered authorities to make more efforts to improve technological innovation, while sharpen the international competitiveness of railway technologies and products.Chinese Vice Premier Zhang Dejiang (C) speaks at a national railway conference in Beijing, capital of China, Jan. 4, 2011. In 2010, 1.68 billion passenger journeys were conducted through the nation's railways, up 9.9 percent year on year, according to data from the Ministry of Railways.The total length of the country's railways had reached 91,000 km by 2010, and the railways would reach 120,000 km in five years, according to Chinese Railways Minister Liu Zhijun.

BEIJING, Nov. 28 (Xinhua) -- Chinese State Councilor Dai Bingguo said on Sunday that China and the United States should help ease the tensions on the Korean Peninsula and facilitate dialogues.In a phone conversation with U.S. Secretary of State Hillary Clinton about the recent development on the Korean Peninsula, Dai said that China is deeply concerned with the dynamics in the area.Beijing holds that the immediate priority is to try to calm the current situation and reject any move that might escalate the tensions, he added.At the critical moment, Dai said, China and the United States should actively play a constructive role and take concerted efforts to mitigate the situation as soon as possible and safeguard peace and stability of the Korean Peninsula.The starting point of all Chinese efforts is to maintain the peninsula's peace and stability, he said, adding that all relevant parties should make joint efforts to secure an early resumption of negotiations and seek solutions via dialogues.Clinton, for her part, said that Washington and Beijing share common interests in maintaining the Korean Peninsula's stability and that cooperation is of pivotal significance.The United States is willing to work together with China to keep peace and stability of the Korean Peninsula, she added.The two sides also agreed to maintain close contact on the issue.An exchange of artillery fire between the Democratic People's Republic of Korea and South Korea last week killed four people, and aroused the concerns of the international community.

RIYADH, Dec. 26 (Xinhua) -- A Chinese culture show was put up in the Saudi capital Riyadh as both countries mark the 20th anniversary of diplomatic ties.The three-day event, sponsored by the kingdom's Culture and Information Ministry in tandem with the Chinese Culture Ministry, is being organized at Riyadh's huge King Fahd Culture Center.Saudi Culture Minister Abdulaziz Khouja said the show reflected friendly relationship between the two counties, hailing deeply- rooted ties binding his country and China.A 30-strong Chinese delegation, which included artists and musicians, has arrived in Riyadh to take part in the event.Chinese Commerce Minister Chen Deming paid a landmark visit to Saudi Arabia in early 2010, during which he said both countries are going to boost the two-way trade volume to 60 billion U.S. dollars by 2015.

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