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WASHINGTON, June 19 (Xinhua) -- The International Monetary Fund's chief Dominique Strauss-Kahn on Saturday welcomed China's decision to further reform its exchange rate mechanism and said that the move will benefit Chinese consumers.China's announcement is "a very welcomed development," Strauss-Kahn said in a statement.The move "will help increase Chinese household income and provide the incentives necessary to reorient investment toward industries that serve the Chinese consumer," he said.The People's Bank of China, China's central bank, earlier on Saturday announced a decision to proceed further with the reform of the exchange rate regime to enhance the flexibility of the RMB's exchange rate.

BEIJING, June 25 (Xinhua) -- Floods in China have killed 377 people this year, as of Friday, and left 142 others missing, the Office of State Flood Control and Drought Relief Headquarters said Friday in a statement on its website.Further, flooding in 2010 has affected 64.57 million people in China's 22 provinces, municipalities and regions, as well as inundating about 4 million hectares of crops, the statement said.A total of 4.35 million people have been evacuated due to the flood waters, which destroyed 368,000 homes and caused economic losses reaching 75.6 billion yuan (11.13 billion U.S. dollars), according to the statement.Chinese Premier Wen Jiabao visited flood-hit Fuzhou City in the eastern province of Jiangxi Thursday to inspect the fight against flooding and review disaster relief efforts. Wen also asked local officials to send more relief funds and materials to ensure that basic living needs of flood victims are met.

PARIS, Aug. 5 (Xinhua) -- Police in China and France have dismantled a network that tried to smuggle Chinese migrants into Italy and Spain on boats, officials said Thursday.The French Immigration Ministry said several members of the network headed by a Chinese national living in Paris and a number of illegal immigrants were arrested July 27 during simultaneous operations in France and China. The ministry did not detail the number of arrests.Investigations showed that each illegal migrant paid between 12,000 (15,852 U.S. dollars) and 15,000 euros (18,915 U.S. dollars) to book a ticket to Europe.France hailed police efforts and called for stronger cooperation ties with China to crack down on human trafficking."I congratulated the teams ... for dismantling an important network of illegal immigration from China, to Italy, Spain and Luxembourg, whose principal organizers were based in Paris and Shanghai," said Eric Besson, the French Minister of Immigration, Integration, National Identity and Solidarity Development.

BELGRADE, July 14 (Xinhua) -- Top Chinese legislator Wu Bangguo on Wednesday met with Serbian President Boris Tadic, vowing to add new impetus to the traditional friendship between China and Serbia."I am here to help realize the consensus between the two heads of states, pushing forward our strategic partnership and traditional friendship," said Wu, chairman of the Standing Committee of the National People's Congress (NPC), who arrived here on Wednesday afternoon for a three-day visit.Wu is the first NPC Standing Committee chairman to visit Serbia over the past decade. China and Serbia have kept long-time friendship, and shared mutual support and respect. Last August President Tadic visited China and reached agreement with Chinese President Hu Jintao on establishing the strategic partnership, which opened a new page for the relationship.Wu Bangguo (L), chairman of the Standing Committee of China'a National People's Congress(NPC), shakes hands with Serbian President Boris Tadic, in Belgrade, capital of Serbia, July 14, 2010.Wu said Sino-Serbian relations are time-tested and have endured many changes in the international situation. He attributed this to the mutual support between the two countries on issues concerning the core interests of one another."This precious legacy should be cherished by both peoples, and will serve as a fundamental guarantee of the further development of Sino-Serbian ties," Wu said.

ASTANA, June 12 (Xinhua) -- Chinese President Hu Jintao wrapped up his Central Asia trip Saturday after visiting Uzbekistan and Kazakhstan, and attending a Shanghai Cooperation Organization (SCO) summit in the Uzbek capital, Tashkent.Hu started his trip Wednesday in Tashkent, where he and his Uzbek counterpart Islam Karimov exchanged views on the current situation and prospects of bilateral ties as well as international and regional issues of common concern.The two leaders signed a joint statement on the further development of the friendly and cooperative partnership between China and Uzbekistan. Chinese President Hu Jintao (7th L) and other participants of the Shanghai Cooperation Organization (SCO) summit pose for a group photo in Tashkent, capital of Uzbekistan, on June 11, 2010Hu and other SCO leaders met in Tashkent on Friday for the annual SCO summit. They discussed strategies for safeguarding security and stability, and increasing pragmatic cooperation in the region.At the summit, Hu delivered an important speech, calling for deepening practical cooperation and maintaining peace and stability in the region. He also put forward a series of proposals for intensifying cooperation within the SCO framework.Founded in 2001, the SCO consists of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Mongolia, India, Pakistan and Iran have observer status.From Tashkent, Hu travelled to Astana for his second visit to Kazakhstan in six months. He paid a working visit to the Central Asian country last December.In Astana, Hu and his Kazakh counterpart, Nursultan Nazarbayev, discussed ways to advance the China-Kazakhstan relations and enhance pragmatic cooperation. They also exchanged views on international and regional issues of common concern.Political analysts say Hu's Central Asia trip is conducive to promoting the SCO's sustained, healthy and stable development and strengthening China's ties with Uzbekistan and Kazakhstan.