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ADDIS ABABA, Jan. 28 (Xinhua) -- Fruitful results have been achieved some one year after the fourth ministerial meeting of the Forum on China-Africa Cooperation (FOCAC), Chinese envoy and Assistant Foreign Minister Liu Zhenmin told Xinhua here on Friday.Liu was in the Ethiopian capital Addis Ababa to attend the 16th African Union (AU) summit as special envoy of the Chinese government.During the FOCAC ministerial meeting held in November 2009 in Sharm el-Sheikh, Egypt, the Chinese government announced eight new measures of promoting Sino-African cooperation.Since then, China has been actively implementing various programs and projects according to the eight new measures, Liu said.The “China-Africa Science and Technology Partnership Program” and the “China-Africa Joint Research and Exchange Program” have been launched, Liu said, adding that the aid program of agricultural demonstration center is in smooth implementation process.Meanwhile, China is actively working on establishing the China-Africa partnership in addressing climate change, and is strengthening communication and coordination with Africa on the issue of climate change, Liu said.The Chinese envoy added that various programs and events such as the China-Africa Agricultural Cooperation Forum, the “African Culture in Focus 2010” activities, and the “20+20 Cooperation Plan of Chinese and African Institutions of Higher Learning” have been launched or successfully held. He said these events have promoted the comprehensive development of China-Africa relations.A wide range of other measures are also being carried out in an active manner, according to Liu.The year 2011 is key to the implementation of the measures announced on the fourth ministerial meeting of FOCAC, Liu stressed.To this end, China will continue strengthening communication and coordination with African countries, carrying out close cooperation and pushing forward the development of the China-Africa new strategic partnership, he pledged.

BEIJING, Feb. 11 (Xinhua) -- China's foreign exchange regulator said Friday it did not suffer any losses from its investment in Fannie Mae and Freddie Mac bonds, adding that media reports of up to 450 billion U.S. dollars of losses were "groundless.""Up until now, the capital and interest repayments of Fannie Mae and Freddie Mac bonds is normal, and no losses have incurred," The State Administration of Foreign Exchange (SAFE) said on its website.Annual yields of the bonds were around 6 percent between 2008 and 2010, the SAFE said.The regulator, which oversees China's more than 2 trillion U.S. dollars of foreign exchange reserve, also clarifies it had not bought any stocks of the two troubled mortgage companies.UPI reported on Friday that the Obama Administration will propose phasing out the two mortgage giants after rescuing them, which is part of a U.S. Treasury Department white paper to Congress that lays out three ways of cutting government support to the 10.6 trillion U.S. dollars mortgage market.

LOS ANGELES, April 7 (Xinhua) -- A new research has found that about nine million people in the United States identify themselves as lesbian, gay, bisexual or transgender (LGBT).About 1.8 percent of adults identify themselves as bisexual, 1. 7 percent as gay or lesbian, and 0.03 percent as transgender, researchers at the University of California-Los Angeles' School of Law said in the study published by The Los Angeles Times on Thursday.The study culled data and methods from nine surveys conducted over the last seven years and averaged results from five of those surveys to estimate sexual orientation and from two surveys to estimate the transgender population.The findings also show that about 8.2 percent of Americans said they participated in same-sex sexual activity and about 11 percent said they had some same-sex sexual attraction, but neither of these groups necessarily identified themselves as LGBT.The researchers noted that insufficient and inconsistent national surveys make it difficult to get an estimate of the LGBT population in the United States, according to the Times report.

BEIJING, Feb. 14 (Xinhuanet) -- The exchange rate against the US dollar is currently at an appropriate level but could fluctuate in the future, Yi Gang, vice-governor of the central bank and head of the State Administration of Foreign Exchange, said on Sunday."In the future, as markets fluctuate and labor productivity changes, the rate will certainly show some fluctuation," he said at a seminar. Last Thursday, the yuan's central parity rate rose to a record high of 6.5849 against the US dollar, after rising for three consecutive trading days, before declining to 6.5952 on Friday.The yuan has appreciated about 3.6 percent against the dollar since mid-June. A report from the US Treasury said earlier that on an inflation-adjusted basis, the appreciation was even higher, at an annual rate of more than 10 percent.US Federal Reserve Chairman Ben Bernanke said last Wednesday that China's recent measures to control inflation by raising interest rates is "surprising" and urged Beijing to let its currency rise in value.Currently the exchange rate is still underestimated by no more than 10 percent, said Lu Mai, secretary-general of the China Development Research Foundation (CDRF).The resilience of exporters to the rising yuan is stronger than previously estimated, which helps to pave the way for more currency reform to liberalize the yuan, he said.In 2007 and 2008, the Chinese currency rose by 7 percent annually against the US dollar, but China's GDP only declined by 0.28 percentage points, with inflation down by 0.42 points and workers' wages up by 0.07 points, according to CDRF research."The figures showed that progressive currency reform since July 2005 was successful, and the government should accelerate the reform and further free the yuan in the next five years to promote healthy, long-term economic development," Lu said.China should keep the proportion of its trade surplus to GDP within 5 percent, and avoid further increasing its huge foreign exchange reserves to allow the currency to settle at a balanced level, he said.China's foreign reserves rose to a record .85 trillion at the end of last year, an 18.7 percent increase year-on-year, according to statistics from the People's Bank of China, the central bank.Yi said he took note of the CDRF findings, but emphasized that further moves depended on both the domestic and international economic situation and appropriate timing.Lu Feng, an economist at Peking University, said now is the right time to deepen currency reform and let the yuan trade at a higher price as inflation is rising.Analysts have predicted that the yuan will appreciate this year as inflation may see the government opt for a rising yuan to lower the cost of purchasing international commodities.Lian Ping, chief economist at the Bank of Communications, predicted the yuan would rise by 5 to 7 percent in 2011.

SAN FRANCISCO, May 11 (Xinhua) -- Google on Wednesday introduced a series of notebook computers based on its Chrome operating system, stepping up its competition against Microsoft.Google unveiled the "Chromebook" at its annual developers conference in San Francisco, saying that the new devices, made by Acer and Samsung Electronics, will go on sale on June 15 in the United States and six European countries.Google said Chromebooks can boot in 8 seconds and its security system makes it require no virus protection. Applications, documents and setting will be stored in "the cloud," which enables users to have same experience after logging into another Chromebook. The system will get updated automatically with no update prompts.Acer's Chromebook will start at 349 U.S. dollars and Samsung's product will be priced at 429 dollars for its WiFi model and 499 dollars for 3G connectivity. The devices will be available online in the United States through Amazon.com and Best Buy's online store.Google on Wednesday also announced Chromebooks for Business and Education, a subscription service including Chromebooks and a cloud management console to remotely administer and manage users, devices applications and policies.Google said it will directly handle the business and education orders. The monthly fee will be 28 dollars per user for businesses and 20 dollars per user for educational customers.The Chrome operating system, announced in July 2009, is designed to work exclusively with web applications, with its work based on Google's Chrome web browser.On Wednesday's conference, Google said the Chrome web browser now has 160 million active users, compared to 70 million last May.