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TALLINN, Sept. 22 (Xinhua) -- Li Changchun, a senior official of the Communist Party of China (CPC), opened here on Wednesday the first Confucius Institute in the Baltic region.Li, a member of the Standing Committee of the CPC Central Committee's Political Bureau, said he hopes the facility, jointly launched by Estonia's prestigious Tallinn University and China's Guangxi University with the help of the Chinese Language Council ( also known as Hanban), would serve as a regional center for spreading Chinese culture and offer quality courses for Estonians who are interested in the Chinese language and eager to understand the Chinese culture.Tallinn University is the sole university in this Baltic country that boasts a Chinese major. It has enrolled Chinese- learning students in the past two decades.Rein Raud, rector of the university, reached an agreement with China's Hanban to set up a Confucius Institute on campus during a visit to Beijing in February. Guangxi University was chosen at the time to be its Chinese partner.The Confucius Institute at Tallinn University will offer the public three-month-long courses that teach both the Chinese language and the Chinese culture.The first set of those courses has been overbooked by Estonians, as more and more people in the country become interested in the language and culture of a booming China.Li, while talking with students majoring in Chinese at Tallinn University, encouraged them to study hard and learn more about the Chinese culture."I hope you can be ambassadors of cultural exchanges between China and Estonia, proponents of bilateral economic and trade cooperation and even Sinologists," he said.He added that cultural exchanges are meaningful projects which can "sow the seeds of friendship between China and Estonia" and play an important role in the overall bilateral relationship."The steady development of state-to-state relations is based on favorable public opinions toward each other, which can be nurtured through cultural exchanges," he said.Raud said the establishment of the Confucius Institute at the university was a landmark event in Chinese language learning and the spread of the Chinese culture in Estonia.He pledged to work closely with Guangxi University to build the Confucius Institute into a center for spreading the Chinese culture in the Baltic region.Earlier in the day, Li met with a senior Estonian parliament member on bilateral relations.He also paid a visit to the Port of Tallinn and was briefed on its latest development plans. The port has been trying to build itself into a regional maritime transportation center by seeking support from Chinese partners.Li arrived in Tallinn on Tuesday for a three-day official goodwill visit. Estonia is the first leg of his four-nation tour which will also take him to Montenegro, Ireland and Iran.

BEIJING, Oct. 29 (Xinhua) -- China Merchants Bank said Friday its profit rose 57.4 percent to 20.59 billion yuan (3.07 billion U.S. dollars) in the first three quarters from one year earlier.The jump in net profit was mainly due to higher interest income, the bank said in its business report filed with the Shanghai Stock Exchange.Also, total assets of the mid-sized lender had expanded to 2.36 trillion yuan by the end of September, up 14.10 percent from the end of 2009.Additionally, the bank's non-performing loan ratio was 0.64 percent, down 0.18 percentage points from the beginning of this year.Shares of the bank were down 2.41 percent at 14.57 yuan in Shanghai and down 1.13 percent at 21.95 HK dollars in Hong Kong Friday.

BEIJING, Sept. 26 (Xinhua) -- Chinese Public Security Minster Meng Jianzhu on Sunday urged police forces from Beijing and six provincial-level regions around the capital to share information and work closely to beef up security work.Meng made the remarks at a work conference on police cooperation in regions around Beijing.Police chiefs of Beijing, Tianjin, Hebei, Shanxi, Liaoning, Shandong and Inner Mongolia signed a framework agreement for the cooperation.Liu Qi, chief of the Beijing Municipal Committee of the Communist Party of China (CPC), also called for joint and efficient efforts of the police in the regions around Beijing to ensure the regions' security and stability.

UNITED NATIONS, Nov. 4 (Xinhua) -- China supported the core role of the United Nations in promoting and coordinating the reconstruction in Afghanistan, its deputy envoy to UN Wang Min said here Thursday.Addressing the General Assembly on the situation in Afghanistan, Wang said the reconstruction in the country has made headway, but is still confronted with many challenges, "which call for continued efforts by Afghan people and government, and sustained attention and support of the international community.""We appreciate what has been done by the United Nations in promoting Afghan reconstruction and support UN's core role in coordination," Wang said.He said that to achieve peace and stability, the Afghan government and people need to be in a driver seat in order to achieve the goal of Afghanistan run by Afghans themselves.Besides, to move ahead the Kabul process, balanced efforts should be made in economic development, security and stability, national reconciliation, good governance, the rule of law and fight against drugs so that new progress can be made, he said.The international community should continue to help the government of Afghanistan enhance its capacity for national security and facilitate the building of its military and police forces"China is very concerned over the deterioration of the security situation and the increase of security incidents which results in high civilian casualties," Wang said, adding that the transfer of security responsibility should be proceeded by ensuring the country's security and stability.He said on the basis of the respecting Afghan independence, sovereignty and territorial integrity, the international community should honor its commitment to assisting this country in the spirit of the consensus reflected in the communiqu of the International Conference in Kabul held in July."The international community should align its assistance with Afghan national strategy and the priority areas identified by the Afghans," the ambassador said.He also called on the international community to pay more attention to Afghanistan's fight against narcotics and help it implement the national strategy for narcotics control.As a friendly neighbor, China actively supports, facilitates and engages in Afghan reconstruction, Wang said.From 2002 to 2009, China has provided more than 900 million yuan (some 135 million U.S. dollars) of grant assistance, canceled 19.5 million U.S. dollars of mature debts and built seven projects.Since January this year, China has provided additional 160 million yuan (some 24 million U.S. dollars) grant assistance in such fields as infrastructure, health care, sanitation and education. The two countries exchange letters on zero-tariff treatment to certain Afghan exports to China, which cover more than 4,000 items.In addition, China will continue providing training to Afghan professionals, executing more projects and extend its help to the most urgently-need areas in the country, Wang said.

BEIJING, Oct. 11 (Xinhua) -- China on Monday vowed to continue its financial support to reconstruction projects in areas ravaged by the major Wenchuan earthquake in 2008, promising lower rates on loans and demanding an easier deposit reserve requirement ratio from banks in the regions.The new pledge came in a joint statement on the website of the People's Bank of China, or the central bank, which announced the continued financial support along with the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.Banks in the quake-hit areas should continue to provide financial support and services to reconstruction projects in the regions, as post-earthquake reconstruction is still in a critical period, the statement said.The magnitude-8.0 quake, with its epicenter in Wenchuan in southwest China's Sichuan Province, left more than 87,000 people dead or missing and more than 374,640 injured. Millions of houses were also flattened during the major quake."We should keep the continuity and stability of our financial support to the regions and make our financial services better targeted and more effective," it said.According to the statement, local banks in the quake-hit areas will continue to enjoy a lower deposit reserve requirement ratio, compared with elsewhere, until June 30, 2011, and such banks will also be exempt from any hike of the reserve requirement ratio during this period.The statement ordered local bank branches in the quake-hit areas to provide prioritized financial services to projects in fields of infrastructure facilities, agriculture, medium and small enterprises, as well as ecological and environmental protection in the region.China's central bank and banking, securities and insurance regulators encourage eligible companies in the quake-hit regions to widen their finance channels through inter-bank short-term bond issuances, bills and other financial instruments, according to the statement.Also, local banks' preferential policies on loans to home reconstruction would remain unchanged in the quake-hit regions, it said.However, loans to projects with high consumption of energy and heavy pollution must be strictly controlled in a bid to facilitate energy-savings and reduce carbon dioxide emissions in the region, according to the statement.Chinese lenders had extended 172.4 billion yuan (25.35 billion U.S. dollars) loans for relief and reconstruction in regions devastated in the earthquake by the end of the first quarter, according to the central bank's figures released in May this year.Outstanding loans at banks in quake-hit provinces, including Sichuan, Shaanxi and Gansu, surged 34 percent year on year to 2.29 trillion yuan at the end of March.