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BEIJING, July 2 (Xinhua) -- The central parity of the Renminbi (RMB), or China's currency yuan, strengthened to 6.7720 per U.S. dollar on Friday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.
YICHUN, Heilongjiang, Aug. 25 (Xinhua) -- The government of Yichun, a city in northeast China's Heilongjiang Province, has corrected Tuesday night's plane crash death toll to 42, saying one dead body that was torn apart in the disaster was formerly counted as two.A local publicity official said earlier on that 43 dead bodies were retrieved.According to the death roll released by the city government, the dead were aged roughly from 12 to 55, calculated from their birth dates indicated in their ID numbers. Among them, however, was a Chinese holding a passport and three crew members whose ID numbers were not available.Rescuers wrapped up the bodies early on Wednesday and have transported them to the city's funeral homes for families to identify them.The ERJ-190 jet, manufactured by the Brazilian aerospace conglomerate Embraer with maximum passenger capacity of 108, crashed near the runaway of Lindu airport of Yichun at 9:36 p.m. Tuesday, some 40 minutes after it took off from the provincial capital Harbin.Ninety-one passengers, including five children, and five crew members boarded the plane, sources with the Civil Aviation Administration of China (CAAC) said.Officials in Yichun confirmed a group of officials from Ministry of Human Resources and Social Security were also on board, including a vice minister and six division chiefs. Most of them survived with injuries, and the vice minister Sun Baoshu was in critical condition.

BEIJING, July 9 (Xinhua) -- China here on Friday urged the involved parties to "flip over the page" of the Cheonan warship sinking incident and restart the six-party talks on the nuclear issue of the Korean Peninsula as soon as possible.Foreign Ministry spokesman Qin Gang made the comment after the United Nations (UN) Security Council released a presidential statement on the incident Friday night.Qin said the Security Council statement has noticed both the findings of the joint investigation submitted by the Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK)'s declaration that it had nothing to do with the incident. X The statement has also encouraged the settlement of the outstanding issues on the Korean Peninsula by peaceful means and the resumption of direct dialogues and negotiations between the DPRK and the ROK, Qin said."We hope the involved parties continue to maintain calm and restraint, and take this opportunity to flip over the page of the Cheonan incident as soon as possible. We call for an early resumption of the six-party talks and joint efforts to maintain peace and stability on the Korean Peninsula," Qin said.On March 26, ROK Navy frigate Cheonan, with 104 crew members aboard, went down off the ROK island of Baekryeong due to an explosion. Forty-six sailors were killed.Seoul said after completing an investigation that the warship was torpedoed by the DPRK, but Pyongyang has denied its involvement in the incident.The ROK on June 4 formally referred the case to the UN Security Council.
BEIJING, June 28 (Xinhua) -- Chinese Vice Premier Li Keqiang met with Swiss Foreign Minister Micheline Calmy-Rey on Monday, calling for enhanced exchanges and contacts between the two countries.This year marks the 60th anniversary of China-Switzerland diplomatic ties. Li said the two countries had witnessed smooth progress of bilateral ties over the past 60 years and carried out substantial cooperation in the areas including economy, trade and technology.He suggested to further develop bilateral friendly cooperative ties on the basis of mutual respect, equality, mutual benefit and seeking common ground while putting aside difference.Because the world is undergoing profound and complex changes with global challenges on the rise, the two countries share the responsibility and aspiration to maintain world peace and development, said the vice premier.Chinese Vice Premier Li Keqiang (R) shakes hands with Swiss Foreign Minister Micheline Calmy-Rey during their meeting in Beijing, capital of China, on June 28, 2010."China appreciates Switzerland's positive role at the global stage, and hopes to enhance contacts with the country to jointly contribute to world peace, development and cooperation," Li said.Calmy-Rey said her country highly valued its relations with China and hoped to further strengthen bilateral exchanges in various areas and at all levels.Calmy-Rey is on a three-day working visit to China with a focus on the celebration of the 60th anniversary of diplomatic ties with China and the official political dialogue that Switzerland and China have agreed as a means to deepen their bilateral relations.
PARIS, July 9 (Xinhua) -- China Changan Auto Group Corporation (CCAG) and French leading carmaker PSA Peugeot Citroen signed a contract Friday here on the creation of an equally owned joint venture in China.The contract was signed by Xu Bin, president of China South Industries Group Corporation, Changan's main shareholder, and Philippe Varin, chairman of the French part's Managing Board, at a ceremony attended by Wu Bangguo, chairman of the Standing Committee of the National People's Congress, Bernard Accoyer, president of the National Assembly of France.Their initial cooperation will focus on introducing the Citroen DS line in China and launching a dedicated new brand for the venture, the two companies said in a joint statement.The contract also allows for the joint venture to market, at a later date, further vehicles under the partners' other brands, Peugeot and Changan, they said.Based in Shenzhen, southeast of China, the joint venture will have initial annual production capacity of 200,000 vehicles and engines, which will meet the highest environmental standards. The contract also outlined two production lines, a specific range of vehicles by each side and a research and development center.The new joint venture will be capitalized at RMB 4 billion yuan (590 million U.S. dollars), to be shared equally by the two partners, and backed by an initial investment of RMB 8.4 billion yuan (1.24 billion dollars).The first vehicle is scheduled to be launched in second-half 2012, provided the joint venture is finally approved by the relevant authorities, the statement concluded.
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