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XI'AN, Aug. 3 (Xinhua) -- Chinese Vice Premier Hui Liangyu has urged local authorities to keep flood casualties and losses to minimum and to launch reconstruction work in a timely and orderly way.Hui was speaking during an inspection of flood-affected areas in Weinan and Shangluo cities in north China's Shaanxi Province from Aug. 2 to 3.He visited affected residents, as well as soldiers who were fighting the floods, saying the flood work had entered a crucial stage.Since mid July, many areas in Shaanxi Province have seen continuous rain, leading to frequent natural disasters, such as floods, mountain torrents and mud-rock flows.Continuous rainstorms caused mud-rock flows in Zhulinguan Village of Danfeng County, Shangluo city, on July 23 and 24. Hui visited the village and urged officials to address food, drinking water, clothing and housing issues.He also called for the repair of roads and resumption of water and electricity supplies as soon as possible.Homes, schools and hospitals should be reconstruction priorities, he said.Meteorologists forecast higher than average rainfall this month along the province's Hanjiang and Weihe rivers. Hui ordered local governments to intensify flood warnings, improve response plans, reinforce reservoirs and river embankments and replenish emergency materials, so as to be well prepared for more rain and floods. 

BEIJING, June 21 (Xinhua) -- China's announcement that it would allow more flexibility in its yuan exchange rate meant an end to the crisis-mode policy the government took to cushion the blow from the global financial crisis, experts interviewed by Xinhua said Monday.The People's Bank of China, also known as the central bank, said Saturday that it decided to proceed even further with the reform of the Renminbi exchange rate to add flexibility to the RMB exchange rate.The decision was made in view of the recent economic situation and financial market developments at home and abroad, as well as due to the balance of payments situation in China, the central bank said. However, it ruled out a one-off revaluation of the yuan as there was no basis for large changes in its value.Experts noted it was the correct time for the exchange rate policy to return to its normal state, given the consolidated economic recovery, large decline in trade surplus and more balanced international payments.Zhao Xijun, deputy dean of the School of Finance with the Renmin University of China, said the normalization of China's exchange rate policy would intensify China's economic connection to the global economy and help promote the country's economic restructuring and adjustments of its development mode.China moved to a managed floating exchange rate regime in July 2005 which was based on market supply and demand and referencing a basket of currencies. The reform of the RMB exchange rate has made continuous progress since then, producing the anticipated results and playing a positive role.The financial crisis which broke out in the United States in 2008 shook the global financial markets and dented investment confidence. To counter fallout from the economic turmoil, nations rolled out their crisis-mode measures.Zhou Xiaochuan, governor of the central bank, said in March that the exchange rate policy China took amid the crisis was part of the government's stimulus packages, and would exit "sooner or later" along with other crisis-measures.China's economy expanded at 11.9 percent year on year in the first quarter of this year and exports surged 48.5 percent in May, government data showed.Zhao said China narrowed fluctuation of the RMB exchange rate to stabilize market sentiment and stimulate economic growth amid crisis, which was in the interests of China and contributed to the country's economic recovery.During the worst of the global crisis, exchange rates of a number of sovereign currencies to the U.S. dollar depreciated by large margins while the yuan kept stable. Against these depreciating currencies, the value of the yuan has been rising."Undoubtedly, it improved the trade environment for these countries and helped them through hard times," Zhao said, noting the policy contributed significantly to the Asian and global recovery."Narrowing the fluctuation of the yuan's value was the best exchange rate policy China could take during the crisis period, which gave export businesses a stable expectation of the yuan's value and reduced costs caused by a volatile currency," said Xiang Songzuo, Deputy Director of the Center for International Monetary Research at Renmin University of China.The central bank's move also intended to increase competitiveness of export businesses and accelerate economic restructuring.Zhao said when the RMB exchange rate regime becomes more market-oriented, China's export businesses should take more responsibilities and become more self-reliant.The central bank said Sunday that the management and adjustment of the yuan exchange rate would occur gradually, which was necessary to give export businesses time to adjust their business structures and create more jobs in the service sector.Cao Honghui, senior researcher with the Institute of Finance and Banking under the Chinese Academy of Social Sciences, said the further proceeding meant China would rely more on domestic demands for economic growth, which would push forward adjustments of the global economic structure.The central parity of the Renminbi against the U.S. dollar remained at 6.8275 Monday, unchanged from the previous trading day, according to the China foreign Exchange Trading System.

GENEVA, July 19 (Xinhua) -- Wu Bangguo, China's top legislator, on Monday called for the international community to demonstrate confidence, strengthen cooperation and safeguard peace to speed up the realization of the Millennium Development Goals (MDGs)."The parliament should supervise and support its own government to implement the MDGs, to take peaceful and friendly foreign policy, and to properly handle sensitive issues in bilateral ties and international relations," Wu, chairman of the Standing Committee of the National People's Congress (NPC), said at the opening ceremony of the third World Conference of Speakers of Parliament.The MDGs, endorsed by UN members in 2000, set out eight targets ranging from halving extreme poverty to halting the spread of HIV/AIDS by 2015.Wu Bangguo (4th R, Front), chairman of the Standing Committee of China's National People's Congress (NPC), poses for a group photo with other participants of the third World Conference of Speakers of Parliament held in Geneva, Switzerland, July 19, 2010."Over the past decade, the world has been achieving results on the MDGs, but the progress remains slow," Wu said. "Developing countries, especially the most underdeveloped countries, are in escalated economic difficulties and the gaps between the north and the south widen."Wu said that implementation of the MDGs becomes more crucial under the impact of the global financial crisis in particular.He said confidence is the premise of realizing the MDGs. The global financial crisis has an impact that can not be neglected on the implementation of the MDGs, but the world should aware that the MDGs and dealing with the crisis are not contradictory, Wu said.He stressed it will be more significant for the international community to speed up the MDGs' implementation process while there still exists in-depth impact of the financial crisis and uncertainty of the world economy's systematic and structural risks.

YUSHU, Qinghai, July 23 (Xinhua) -- The Gross Domestic Product (GDP) of the quake zones in China's far northwestern Qinghai Province would be quadrupled by 2015 on the basis of that of last year, Luo Huining, governor of the province said here Friday."By the end of China's 12th Five-Year Plan (2011-2015), the GDP in Qinghai quake zones would reach four times as much as that of 2009, with the service industry accounting for 45 percent of it," Luo said during an exclusive interview with Xinhua, exactly 100 days after a 7.1-magnitude earthquake struck Yushu in April.The earthquake left 2,698 people dead and 270 missing.Luo said local authorities would focus on improving public services and promoting urbanization of the quake zones during the reconstruction phase.According to Luo, authorities would try to help all farmers and herdsmen in the region settle down within three years, upgrade their housing facilities, and provide them with basic access to safe drinking water."By the end of this year, local government would invest 5.55 billion yuan to rebuild 80 percent of farmers' houses in the quake zones," Luo said. Total investment in housing reconstruction in the regions would reach 9.6 billion yuan within three years.

ASHGABAD, June 17 (Xinhua) -- He Guoqiang, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, arrived here Thursday to start an official and good-will visit to Turkmenistan.In a written statement upon his arrival, He Guoqiang said Sino-Turkmen relations were time-tested, and the countries' political trust and economic and trade cooperation has been strengthened since they forged diplomatic ties 18 years ago.The two countries have supported each other in international organizations on issues concerning each other's core interests, he said.He Guoqiang, also secretary of the CPC's Central Commission for Discipline Inspection, had a transit visit to Azerbaijan before arriving in Ashgabad.During his stay in Baku, capital of Azerbaijan, He Guoqiang met with Prime Minister Artur Rasizade on Wednesday.He Guoqiang said he was visiting for friendship and cooperation, and China valued its relationship with Azerbaijan, respected the way of development that Azerbaijan has chosen according to its own situation. He appreciated Azerbaijan's adherence to the one-China policy.

来源：资阳报