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BEIJING, Aug. 2 (Xinhua) -- China and Nepal celebrated the 55th anniversary of diplomatic ties at a reception in Beijing Monday evening.More than 300 guests, including Chinese government officials and foreign diplomats in China, attended the reception, which was co-hosted by the China-Nepal Friendship Association, the Chinese People's Association for Friendship with Foreign Countries (CPAFFC), and Nepalese embassy in China.Chen Haosu, president of the CPAFFC, said in a speech that the years since China and Nepal forged diplomatic ties had witnessed continuous development of their traditional friendship and friendly cooperation as well as frequent high-level exchanges.Political, economic, trade and cultural relations were closer than ever, Chen said.Guests attend a reception co-hosted by the China-Nepal Friendship Association, the Chinese People's Association for Friendship with Foreign Countries (CPAFFC), and Nepalese embassy in China in Beijing, Aug. 2, 2010. China and Nepal celebrated the 55th anniversary of diplomatic ties at the reception in Beijing Monday evening.The two nations, which treated each other on an equal footing, had harmonious coexistence and long-term friendship.Nepalese Ambassador to China Tanka Prasad Karki said that Nepal and China, as good neighbors, all-weather and reliable friends, as well as partners of common development, had maintained sound bilateral ties.Nepal wanted to further learn from China's experience in social and economic growth and enhance its mutually beneficial cooperation with China.China and Nepal forged diplomatic ties in 1955. They established a comprehensive partnership of cooperation at the end of 2009.

BEIJING, June 29 (Xinhua) -- The number of criminal explosion cases as well as gun crimes in China dropped by 13.4 and 33.1 percent year on year, respectively, in the first five months of 2010, Ministry of Public Security said in a statement Monday.The statement, however, did not provide exact numbers.Police nationwide seized over 351 tonnes of explosives, 1.7 million detonators, 15,000 guns, 1.84 million bullets, 300,000 imitation guns and 170,000 illegal knives since the launching of a national crackdown on illegal explosive and guns, the statement said.The widespread publicity about the police crackdown apparently paid off with 3,099 tips received from the public which led to the solving of 1,538 cases and the arrest of 2,065 suspects, said the statement.Those who provided information to police were rewarded with 960,000 yuan (about 141,000 U.S. dollars) in total, it said.

BEIJING, June 10 (Xinhua) -- China's foreign exchange regulator said Thursday it will strengthen monitoring of cross-border capital flows to reduce risk.The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign Exchange (SAFE) said in its annual report on management of foreign exchange posted on its website.It will also enhance its monitoring of abnormal cross-border capital flows by cracking down on illegal private banks and internet-based speculation in foreign exchange.The SAFE will maintain a prudent approach to managing foreign currency reserves and will continue to improve its diversification strategy.China's balance of payments continue to expand, albeit slowly, despite the impact of the global financial crisis.At the end of 2009, China's foreign exchange reserves hit 2.4 trillion U.S. dollars, a 453 billion U.S. dollar increase from the end of 2008.China had gold reserves of 1,054 tonnes at the end of last year, the fifth largest in the world.Although gold has commodity and monetary properties, the global gold market is relatively small and illiquid, the report noted, adding that because of its volatile price and high cost of holding and trading, gold has limited utility in asset allocation.

BEIJING, July 9 (Xinhua) -- Pakistani President Asif Ali Zardari on Friday expressed his optimism over the possible road link with China, saying the construction of the road would boost bilateral trade.Zardari is on his five-day working visit to China, the fifth China tour since he took office as the Pakistani president in 2008. Zardari who once called himself "the first businessman president of Pakistan", said that he had his own "concept" for improving Pakistan-China trade relations.A road connection with China is one of his ideas to make this happen."If you want to come to Pakistan or southeast Asia from China by sea, it will take months, but if you look at the road transportation to my port, it's only 1,100 miles from your border," said Zardari in an interview with Xinhua.Zardari's remarks came amid some reports that China and Pakistan are considering building a rail link to reach the Arabian Sea."The concept has been accepted," said Zardari without elaborating.China and Pakistan have maintained their "all-weathered" and time-tested friendship for decades.Now there are more than 120 companies and about 10,000 Chinese nationals in Pakistan, involved in sectors such as mining, energy exploration and infrastructure building.But Zardari said Pakistan needs more investment.China-Pakistan trade in the first five months of this year reached 3.3 billion U.S. dollars, up 31 percent.While addressing the China-Pakistan Economic Cooperation Forum earlier Friday, Chinese Commerce Minister Chen Deming said that bilateral trade could hit 15 billion U.S. dollars in 2015.On the just-concluded China-Pakistan anti-terror drill in northwest China, Zardari said the two countries should keep united in the fight against terrorism.

BEIJING, June 16 (Xinhua) -- The fifth chartered flight sent by the Chinese government brought 185 more nationals back home from Kyrgyzstan on Wednesday morning, sources with the Foreign Ministry said.The flight arrived at an airport in Urumqi, capital of northwestern Xinjiang Uygur Autonomous Region, at 7:17 a.m. (Beijing time) from Osh of Kyrgyzstan, where ethnic clashes have left some 170 people dead. Chinese nationals prepare to board the chartered flight at an airport in Osh, southern Kyrgyzstan, June 15, 2010.The Chinese government has sent five chartered planes to bring home nationals including business people and students in Kyrgyzstan. So far 754 Chinese nationals have been taken home.More chartered planes are to be sent to take Chinese nationals back home, according to the ministry.