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BEIJING, Jan. 29 (Xinhua) -- Chinese Defense Minister Liang Guanglie Friday said the work of border and coastal defense must be enhanced for national interests.Defending China's sovereignty, territorial security and maritime interests should be a top mission of the country's border and coastal defense work, Liang said at a national meeting on border and coastal defense.The work of border and coastal defense should also contribute to improved relations with neighboring countries and social and economic development in border areas, he said.Senior Chinese leaders including President Hu Jintao (1st L, front), Premier Wen Jiabao (2nd L, front), Li Changchun (3rd L, front) and Zhou Yongkang (4th L, front) meet with delegates of a national meeting on border and coastal defense, in Beijing, China, Jan. 29, 2010.Senior Chinese leaders including President Hu Jintao, Premier Wen Jiabao, Li Changchun and Zhou Yongkang met with delegates and took photo with them before the meeting.The delegates included representatives of a national committee for border and coastal defense, military regions, border or coastal provinces, and border police authorities

LONDON, March 15 (Xinhua) -- U.S. President Barack Obama's pressure on China over its currency's exchange rate is a manifestation of hypocrisy from the West and will not work, a British economist has said."The president is playing with fire... Obama really should tread carefully. At the same time, the United States is now at risk of sparking what could be an all-out trade war," said Liam Halligan in an article carried by this week's Sunday Telegraph.Halligan, chief economist at Prosperity Capital Management, predicted that China will not yield to U.S. pressure on the issue."Beijing will eventually allow the yuan to rise, but in its own time and in order to tackle inflation and not because of U.S. pressure."Chinese inflation is now at 2.7 percent, close to the official 3-percent control target, he noted.Halligan argued that the Chinese yuan may not be under-valued as much as Western politicians have perceived.Although Chinese exports rose by 46 percent in the first two months of 2010, the rise is from a very low base -- with February 2009 being the epicenter of the U.S.-sparked sub-prime storm, he noted.He also pointed out the fact that China's trade surplus dropped by 51 percent in the same period. That means China's gain in exports were out-weighed by an import surge."This hardly suggests the yuan, as (U.S. Treasury Secretary Tim) Geithner claims, is 'way too low'," said Halligan.Geithner said in January that Obama believed China was manipulating its currency.On Obama's latest call for China to adopt a more "market-oriented exchange rate," Halligan said Washington is actually the biggest currency manipulator in the world."The reality is that America's 'weak dollar' policy -- its long-standing practice of allowing its currency to depreciate in order to lower the value of its foreign debts -- amounts to the biggest currency manipulation in human history."Halligan also noted that Washington has for years "shamefully stalled" on various rulings of the World Trade Organization that showed America to be breaching global trade rules."America needs to act smarter and get its own economic house in order. Obama has decided instead to lash out at China in a desperate attempt to placate a U.S. electorate increasingly mindful of their president's failings," said Halligan.The economist said Western politicians' blame game against emerging markets over the current global imbalances reflects their hypocrisy and lack of character."It's always easier to blame someone else for your failings... The Western world's response to this self-made 'credit crunch' has highlighted the hypocrisy of our so-called leaders, their refusal to face reality and, above all, their lack of character," he said."The implication (of statements of Western politicians) is that sub-prime, and the deepest Western recession in generations, wasn't our fault. It was entirely unrelated to widespread financial fraud, political myopia and lax regulation," Halligan scorned.

BEIJING, Jan. 27 (Xinhua) -- Chinese President Hu Jintao concluded a three-day tour to the quake-hit Shaanxi Province on Tuesday, calling for more efforts to beef up reconstruction with high quality.Hu spoke highly of the infrastructure reconstruction after the severe earthquake in 2008 and urged local authority to spare no effort and complete the work with high quality.  Chinese President Hu Jintao (C Front) talks with local residents during visit to high-rise residential buildings, which used to be a shanty community in Beilin District in Xi'an, northwest China's Shaanxi Province, Jan. 25, 2010. Hu concluded a three-day tour to the quake-hit Shaanxi Province on Tuesday, calling for more efforts to beef up reconstruction with high quality. He said the rebuilding should comply with long-term development, and should be environmental-friendly and be able to shield against earthquake and natural disaster.During his visit to a local auto plant and an electrical facilities producer, Hu asked enterprises to enhance innovation and sharpen their competitiveness.  Chinese President Hu Jintao (2nd R) listens to introduction during his inspection at a local auto plant in northwest China's Shaanxi Province, Jan. 25, 2010.As he inspected an aerospace research institute, Hu said the aerospace industry is of strategic importance and plays an increasingly important role in the competition of national strength.He encouraged researchers to contribute more to human being's peaceful use of outer space.During a visit to high-rise residential buildings, which used to be a shanty community in Beilin District in Xi'an, Hu ordered local authorities to step up transformation of of shanty towns to provide more new homes for needy residents.Hu also urged upgrading industrial structure and reducing energy consumption and pollution to protect the environment amid efforts to strike a balance between maintaining a stable and relatively fast economic growth and transforming the growth mode.He also urged boosting innovation capability and expanding public services to improve people's livelihood.During his visit to the Ningqiang County, Hu said the government will continue to help farmers to enhance agricultural production and raise their income.

LONDON, Jan. 28 (Xinhua) -- Chinese Foreign Minister Yang Jiechi made four proposals Thursday on the Afghan reconstruction at the London Conference on Afghanistan."Afghanistan's reconstruction process had gone through twists and turns," Yang said in a speech. "The successful elections held by the Afghan people opened a new chapter in the history of the country."Chinese Foreign Minister Yang Jiechi speaks to the media after the one-day London Conference on Afghanistan in London, capital of Britain, Jan. 28, 2010. Yang Jiechi spoke highly of the London Conference on Afghanistan concluded on Thursday with security, economic development and governance topping the agendaOn the next stage of Afghan reconstruction, Yang made the following proposals: The international community should help create enabling conditions for safeguarding the security of the country and its people and help the country achieve economic development.His other two proposals were that the international community should help Afghanistan improve governance and enhance coordination and cooperation in helping Afghanistan."The international community should continue paying attention to Afghanistan and offer greater support and assistance to that country," he said. "It should help Afghanistan strengthen its sovereignty, ownership and development capacity." Chinese Foreign Minister Yang Jiechi (L) speaks to the media after the one-day London Conference on Afghanistan in London, capital of Britain, Jan. 28, 2010Yang emphasized that China will help the Afghan people embark on the path of peace, stability and development as early as possible.

BEIJING, March 14 (Xinhua) -- Premier Wen Jiabao said Sunday that keeping the RMB exchange rate basically stable had played an important role in facilitating the recovery of the global economy from the worst financial crisis in decades.When the global economy was worst hit between July 2008 and February 2009, the real effective exchange rate of the RMB has risen by 14.5 percent, Wen told a press conference after the annual parliament session.  Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010.