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BEIJING, June 18 (Xinhua) -- China has become the world's third largest stock market as total market value of the Shanghai and Shenzhen markets hit 20.96 trillion yuan (3.07 trillion U.S. dollars) as of the end of May, the country's securities regulator said Friday.The total market value so far was up 393.76 percent compared to the 2003 level, the China Securities Regulatory Commission said.
BEIJING, July 2 (Xinhua) -- The central parity of the Renminbi (RMB), or China's currency yuan, strengthened to 6.7720 per U.S. dollar on Friday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

BEIJING, June 13 (Xinhua) -- Flights have resumed at Beijing Capital International Airport after a thunder storm hit the city at 8 p.m. Sunday causing disruptions, the airport announced on its website.The storm had delayed a total of 170 out-bound flights and canceled 25 fights as of 9 p.m., according to the announcement.The airport suspended flights at 7:40 p.m. Sunday due to the storm, which stopped at about 9:30 p.m..The National Meteorological Center forecast heavy rain for central Hunan, eastern Jiangxi, Zhejiang, and Fujian provinces as the country begins Monday its three-day national holiday.Thunder storms are forecast for Inner Mongolia, the northeast, and the north during the next three days.
LHASA, Aug. 15 (Xinhua) -- A senior official of the Communist Party of China (CPC) has urged greater efforts to implement democratic management in Tibetan Buddhist monasteries.Concerted and solid efforts must be paid to implement democratic management in Tibetan Buddhist monasteries, said the official, Du Qinglin, head of the United Front Work Department of the CPC Central Committee.Du, also vice chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks during a conference on democratic management of Tibetan Buddhist monasteries which was held in Xigaze of Tibet Autonomous Region from Aug. 14 to 15.Competent Tibetan Buddhist monks and nuns who are politically reliable, extraordinarily learned and widely respected should be selected to monastery management committees through thorough democratic consultation, said he,In implementing monastery democratic management, the lawful rights of monasteries, orderly religious activities of monks and nuns, and normal religious practice of believers must be ensured, he added.The 11th Panchen Lama, Bainqen Erdini Qoigyijabu, who is also vice president of the Buddhist Association of China, sent a congratulatory letter to the conference.The conference was attended by some 150 people from Tibetan Buddhist circles and relative governmental organizations.
BEIJING, Aug. 8 (Xinhua) -- A total of 600 soldiers with the Lanzhou Military Area Command have arrived at mudslides-devastated Zhouqu county in northwest China's Gansu Province, and started relief work.Three other detachments consisting of more than 1,700 soldiers with the command as well as a 180-member medical team are on their way to the affected areas.Six helicopters, including four from the Lanzhou command and two from the Xinjiang Military Area Command, have also departed for the affected areas.China's armed police have also sent 2,100 members to help with the relief work, with 740 of them having arrived at the scene.
来源:资阳报