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BEIJING, Dec. 17 (Xinhua) -- China on Friday responded to Japan's new defense guidelines, saying China had no intention of threatening anybody.Foreign Ministry spokesperson Jiang Yu made the remarks when responding to a question on the subject."A certain country has no right to act as a representative of the international community and make irresponsible remarks on China's development," she said.Japan adopted the National Defence Programme Guidelines Friday. Media reports said the guidelines claimed China's military development and lack of transparency were matters of concern to the region and international community, and urged nations to encourage China to act responsibly.China unswervingly follows the path of peaceful development, and its defense policy is defensive in nature, Jiang said, adding that China poses no threat to anybody."The fact is that China's development since its reform and opening up, has brought huge opportunities of common prosperity to the world, including Japan," Jiang said.

BEIJING, Dec. 1 (Xinhua) -- The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the China Federation of Logistics and Purchasing said Wednesday.The figure marked the 21th straight month that the index was above the boom-and-bust line of 50 percent.The PMI includes a package of indices to measure performance of the country's manufacturing sector. A reading above 50 percent indicates economic expansion, while that below 50 percent indicates contraction. 

WUHAN, Nov. 15 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Monday that Premier Wen Jiabao's imminent visit to Russia and the 15th regular meeting between the Chinese and Russian prime ministers would further promote the bilateral relationship.Yang made the remarks while meeting with his Russian counterpart Sergei Lavrov at the 10th Meeting of the Foreign Ministers of China, Russia and India in central China's Wuhan city.However, Yang did not give a specific date for the prime ministers' meeting in Russia.During his meeting with Lavrov, Yang praised progress of the development of China-Russia strategic partnership of coordination this year. He said China was willing to work with Russia to comprehensively carry out the consensus of their leaders.Next year, the two countries would hold grand celebrations to mark the 10th anniversary of the signing of the China-Russia treaty of good neighborliness, friendship and cooperation, he said.He thanked Russia for its firm support to China on issues related to Taiwan, Tibet and Xinjiang.Lavrov said Russia placed special emphasis on promoting the bilateral strategic partnership of coordination, and was willing to enhance bilateral and international cooperation with China.Later Monday, Yang accompanied Lavrov to lay a wreath at the tomb of martyrs of the Soviet Air Force who died in World War II.

ST. PETERSBURG, Russia, Nov. 22 (Xinhua) -- Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin held talks here Monday evening during which they vowed to strengthen bilateral ties.They made the commitment in small-scale talks after Wen arrived in the evening for an official visit to Russia.Wen said that with the organization of a series of cultural activities including the language year programs, China-Russia ties have developed to an unprecedentedly high level.This is in line with the fundamental interests of both countries and their peoples, contributes vigorously to world peace and promotes development of both countries, Wen said. Chinese Premier Wen Jiabao (L) shakes hands with Russian Prime Minister Vladimir Putin before a banquet in St. Petersburg, Russia, Nov. 22, 2010. "I hope to inject new vigor into the comprehensive deepening of Sino-Russian strategic partnership of coordination through my visit," said the Chinese premier.Putin said that Russia attaches great importance to bilateral ties with China and expressed his satisfaction with the development of these ties.At present, both economies are facing with precious opportunities of development and therefore cooperation between Russia and China is conducive to rapid development of their economies, said Putin.He expressed the hope that both countries would make concerted efforts to ensure that bilateral cooperation can bear more fruit.The two leaders also exchanged views on promoting cooperation in key sectors.

BEIJING, Jan. 15 (Xinhua) -- China should steadily promote the internationalization of its currency, the yuan, the head of China's social security fund said Saturday.The internationalization of the yuan is a significant step for advancing the reform of the international monetary system, Dai Xianglong, chairman of China's National Council for Social Security Funds, said when speaking at annual economic forum in Beijing.The current international monetary system has not adapted to the new patterns of global economic development, he said, adding that currency diversification is a realistic solution.Currency diversification means continuing the role of dollar, increasing the role of the euro and internationalizing other currencies, he said.The U.S. dollar, serving as both the U.S. currency and the most important international currency, will be used for U.S. policy goals when the two roles contradict each other, spurring fluctuations in global financial markets, he said, adding that the dollar has a tendency to depreciate.He said the Chinese yuan is a stable currency, and so ensures the safety of other countries' assets.The Chinese currency also enhances world trade, protecting the interests of China's foreign trade and investment, he added.The internationalization of the yuan will take 15 to 20 years, he said, suggesting an expansion of the overseas circulation of the yuan and an acceleration in the opening-up of China's large commercial banks to speed up the process.He urged Chinese banks in foreign countries to offer funding in yuan.He also called for more efforts to reform the interest rate mechanism, to ease the process of the internationalization of the yuan.

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