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KAMPALA, Jan. 25 (Xinhua) -- Ugandan President Yoweri Museveni on Monday met officials of the China National Offshore Oil Corporation (CNOOC) amidst increased lobbying by international oil giants to enter the country's oil sector.A State House statement issued here said that the CNOOC officials who met Museveni at State House Entebbe, 40km south of the capital Kampala, expressed interest in joining Uganda's oil and gas sector by partnering up with Tullow, an Irish oil company.Tullow, which has oil blocks in western Uganda, is seeking a partner to help it start oil production in the country.The CNOOC meeting comes weeks after Italian oil giant, Eni Spa, also expressed interest in joining the country's oil sector, promising an oil refinery and a power plant.Eni wants to enter the sector by buying stakes of another oil company Heritage Oil which jointly operates two blocks with Tullow on a 50-50 percent venture.The Eni-Heritage deal which is yet to be concluded is embroiled in controversy as Tullow exercised a pre-emption move saying it has the first option to buy the Heritage stakes, a move the government said it would not accept because it would create a monopoly.Museveni told the CNOOC officials joined by Tullow officials that the government will discuss all proposals and announce its decision soon."President Museveni said that the government will discuss all proposals by companies operating in the oil and gas sector adding that the country looks forward to welcoming new companies," the statement said.The Museveni-CNOOC-Tullow meet also comes days after Aiden Heavey, Tullow's chief executive met Museveni urging Uganda to honor contractual obligations following the Eni-Heritage deal.Uganda's recently discovered oil is attracting a lot of attention from international oil giants.So far the country has discovered an estimated two billion barrels of oil and according to experts there is a possibility of discovering more.

BEIJING, March 6 (Xinhua) -- China will further improve the formation mechanism of exchange rate of the renminbi, or the country's currency yuan, to keep the exchange rate basically stable at an adaptive and balanced level, the People's Bank of China said Saturday.The central bank made the statement in a report delivered to media during a press conference on the sideline of the annual parliament session.  Zhang Ping, Chairman of National Development and Reform Commission (NDRC), Xie Xuren, the Minister of Finance, Chen Deming, the Minister of Commerce, and Zhou Xiaochuan, governor of the People's Bank of China, attend a news conference of the Third Session of the 11th National People's Congress (NPC) on the enhancement and improvement of macro-economic control held at the Great Hall of the People in Beijing, China, March 6, 2010.

BEIJING, Feb. 17 (Xinhua) -- The number of railway passengers rebounded sharply in China on Tuesday as more people started their return trips after Spring Festival family reunions, the Ministry of Railways said Wednesday.Passengers wait to take their trains inside a makeshift waiting room at a railway station in Nanchang, capital of east China's Jiangxi Province, Feb. 17, 2010. The railway station of Nanchang met its transport peak on Wednesday as large numbers of returning tourists went by trains here.Statistics from the ministry show China's railways served 4.185 million passengers on Tuesday, up 689,000 or 9.8 percent from the previous day.To cope with the increased demand for seats, the ministry added 238 special trains to ease the traffic, of which 64 were long-distance trains.People wait for their buses at a long-distance bus station in Jinan, capital of east China's Shandong Province, Feb. 17, 2010. Jinan met its medium and short-distance Spring Festival travel peak on Wednesday with most of the travelers going by long-distance buses to visit their relatives.The ministry predicts the travel peak days will probably be Feb. 19 and 20, as more and more passengers start their return trip. The ministry said it is closely watching the passenger flow situation and will adopt appropriate measures to meet passenger demand.Meanwhile, statistics from the Ministry of Transport (MOT) show that on Tuesday the country's roadways carried 28.1 million passengers, increasing 1.8 million or 12.6 percent from the previous day, while from Feb. 13 to 16 the combined figure was 127 million, up 10.8 percent from the same period last year.The MOT said that the country's roadways carried a total number of 32.5 million passengers on Wednesday, up 9.7 percent year on year.Wednesday MOT figures revealed that China's waterways were forecast to carry 780,000 passengers, down 2.5 percent year on year.The country's roadways were already ready for more passengers' long-distance return trip, as the one-week Spring Festival holiday was near its end, said He Jianzhong, a spokesman with the MOT.The Spring Festival, also known as the Chinese Lunar New Year, is China's most important annual festival. It is an occasion for reunions of family members, relatives and friends.

BEIJING, Feb. 9 (Xinhua) -- A senior official with the Communist Party of China (CPC), Zhou Yongkang, proposed stronger law-enforcement cooperation between China and Nepal, according to a statement of the Ministry of Public Security Tuesday.Zhou, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the remark during a meeting with visiting Nepali Minister for Home Affairs Bhim Bahadur Rawal in the Great Hall of the People in Beijing Monday.China attaches great importance to China-Nepal law-enforcement cooperation and expects the two countries to deepen pragmatic cooperation and safeguard and promote the regional peace and stability, said Zhou, who is also secretary of the Political and Legislative Affairs Committee of the CPC Central Committee. Zhou Yongkang (R), a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, meets with Nepalese Minister of Home Affairs Bhim Bahadur Rawal in Beijing, capital of China, Feb. 8, 2010China appreciates Nepal's firm adherence to the one-China policy and its prevention of anti-China forces from carrying out separatist activities on its territory, Zhou added.China is willing to further strengthen communication, coordination and cooperation on the Tibet issue with Nepal, he said.Rawal said Nepal, which brooks no anti-China separatist forces undermining its friendly relations with China, would like to boost law-enforcement cooperation with China and jointly crack down on crimes on their border areas.China's Public Security Minister Meng Jianzhu also held talks with Rawal Monday after the latter's meeting with Zhou.Meng said China's Ministry of Public Security is ready to work with the Nepali Ministry of Home Affairs to implement the consensus reached by their state leaders to enhance bilateral exchanges and cooperation.Based on the principle of considering the overall situation and looking to the future, Meng expects continuous and healthy development in China-Nepal relations.Rawal echoed Meng sentiments, reiterating Nepal's willingness to further cooperate with China in law-enforcement.At the invitation of Meng, Rawal is visiting China from Feb.6-12.

UNITED NATIONS, March 18 (Xinhua) -- China on Thursday voiced its support for the liberalization of global trade and opposition to trade protectionism in all its forms in order to pave the way for the economic recovery in the world at large.The statement came as Li Baodong, the permanent Chinese representative to the United Nations, was taking the floor at the Special High-Level Meeting of the UN Economic and Social Council with the Bretton Woods Institutes, namely the World Bank and the International Monetary Fund, the World Trade Organization (WTO) and the United Nations Conference on Trade and Development."China supports the liberalization and facilitation of global trade, and opposes trade protectionism in all its forms," Li said. "We should strive for the conclusion of the Doha round negotiations in 2010 to bring about comprehensive and balanced results. We also need to redouble the efforts of the WTO to promote aid for trade, and help developing countries strengthen capacity building.""Trade is a key driver for world economic recovery," he said. " Since the outbreak of the financial crisis, world trade has plummeted, and trade protectionism is on a visible increase. Developing countries are the biggest victims of trade protectionism.""The overall situation of the world economy has now turned for the better, but with the negative impact of the financial crisis still lingering, developing countries are faced with a huge challenge in achieving the MDGs (Millennium Development Goals) on schedule," Li said.The High-level Plenary Meeting on MDGs to be held in September this year will be a major action taken by the UN system for the achievement of the MDGs in 2015, Li said."China supports the convening of this meeting and hopes the meeting will provide a platform for the international community to hear the voice of UN member states, especially that of developing countries, learn about the difficulties they have encountered in achieving the MDGs, and push for developed countries to truly shoulder the responsibility of helping developing countries, fulfill their commitments and reach consensus on future actions," he added.