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BEIJING, Jan. 13 (Xinhua) -- The Chinese yuan strengthened to a record high against the U.S. dollar on Thursday to reach 6.5997 per dollar.The central parity rate of the Chinese currency, also known as the renminbi (RMB), was set 131 basis points lower than Wednesday's 6.6128, according to the China Foreign Exchange Trading System.China's central bank announced on June 2010 it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market each business day.

NINGBO, Zhejiang, Dec. 7 (Xinhua) -- Chinese Vice Premier Li Keqiang called for building affordable housing on a massive scale in the next few years.Li made the remarks during a two-day inspection tour to Ningbo in east China's Zhejiang Province, which ended Tuesday.Li said the country's affordable-housing policy would continue in the upcoming years so as to substantially raise the percentage of affordable housing in the real-estate market.Li urged local governments to support such projects with additional funding and land distribution.Chinese Vice Premier Li Keqiang (R, Front) shakes hands with a worker at a construction site in Haishu District of Ningbo City, east China's Zhejiang Province, Dec. 7, 2010. Li called for building affordable housing on a massive scale in the next few years during a two-day inspection tour to Ningbo.Li also called on authorities to ensure transparency and fairness in the distribution process, to benefit those in real need.The Chinese government introduced various policies to cool down the real-estate market this year.Li stressed the need to discourage house purchases that are for the purpose of investment and speculation, and to increase the supply of affordable housing.

BEIJING, Dec. 2 (Xinhua) -- Chinese Vice Premier Li Keqiang Thursday called for more efforts to tap ocean resources and protect the ocean's environment.In the past five years, China has made remarkable progress in oceanic work, especially in developing an ocean economy, protecting seawater environment and safeguarding orders on the seawater, he said while meeting with outstanding organizations and individuals selected from the national ocean systems.However, the public's demand on seawater products and services has been increasing and the tasks are arduous to protect the ocean's ecology and ensure sustainable development, he said.Chinese Vice Premier Li Keqiang (R, front) meets with the outstanding units and workers from the national ocean systems, in Beijing, capital of China, Dec. 2, 2010.He urged more efforts be made to implement the scientific outlook on development and accelerate the transformation of economic development patterns in planning the development of the oceans, protecting seawater ecology and improving anti-disaster capacities.

BRUSSELS, Nov. 29 (Xinhua) -- The European Union (EU) and China Monday signed an agreement aimed at enhancing cooperation in the field of disaster risk management between the two sides.European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response Kristalina Georgieva and visiting Chinese State Councilor Ma Kai witnessed the signing ceremony of the agreement for a joint project totaling 9 million euros (11.7 million U.S. dollars), among which 6 millions euros (7. 8 million U.S. dollars) will come from the EU.As the first bilateral project in disaster prevention, it is aimed at strengthening China's disaster management system with the support of the EU and its member states.EU Commissioner for International Cooperation, Humanitarian Aid and Crisis Response Kristalina Georgieva (R) shakes hands with visiting Chinese State Councilor Ma Kai in Brussels, capital of Belgium, on Nov. 29, 2010. "We followed up on the commitment to strengthen cooperation in the field of emergency management, made in 2009 by Chinese Premier Wen Jiabao and President of the European Commission Jose Manuel Barroso," Georgieva said."Enhanced cooperation will provide a platform for knowledge exchange and will ensure more efficient and cost-effective response and preparedness for disasters," she said.Ferran Tarradellas, spokesman for Georgieva, stressed the importance of disaster prevention to Xinhua after the signing ceremony."The most effective way to save lives in crisis situations is to take steps to prevent disaster before it happens," Tarradellas said.According to the Chinese delegation, the project is part of the development assistance offered by the EU to China.Since 1984, the EU has funded 75 projects for development assistance to the tune of 730 million euros (949 million U.S. dollars) in China, especially in the field of socio-economic reform, agriculture, energy, protection of environment and social security.

ST. PETERSBURG, Russia, Nov. 21 (Xinhua) -- Visiting Chinese State Councilor Liu Yandong stopped by the St. Petersburg 652 primary and middle school on Sunday, speaking highly of the school 's efforts to promote Sino-Russian cultural exchange.Liu appreciated the school's achievements in Chinese language teaching, as the school has been teaching Chinese as the first foreign language for 53 years.Language is a bridge between different nations, Liu said. She hoped the students of the 652 school, after learning the Chinese language and culture, could serve as promoters and facilitators of the overall development of Sino-Russian relations.Visiting Chinese State Councilor Liu Yandong (R) receives a painting as a present drawn by a student of the No.652 School of Saint Petersburg, Russia, Nov. 21, 2010.China and Russia as friendly neighbors have further strengthened their strategic partnership of coordination and promoted practical cooperation in all areas, Liu said.People-to-people and cultural exchanges have flourished in recent years, as the two countries successfully held "State Years" and "Language Years" activities, she added.Catherine Telyatnikova, the headmaster, said the 652 school is willing to devote itself to the promotion of Sino-Russian relations, and would like to expand cooperation on Chinese language teaching and staff training with the Chinese side.Liu arrived in St. Petersburg on Nov. 20, kicking off her visit to Russia.