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HONOLULU, United States, Nov. 12 (Xinhua) -- Chinese President Hu Jintao met his U.S. counterpart Barack Obama in Honolulu, Hawaii, Saturday to discuss Sino-U.S. ties and major world and regional issues.Hu and Obama were meeting before the Economic Leaders Meeting of the Asia-Pacific Economic Cooperation (APEC) scheduled for Saturday and Sunday in Hawaii.In a meeting with U.S. Secretary of State Hillary Clinton on Thursday in Honolulu, Chinese Foreign Minister Yang Jiechi said the Hu-Obama meeting has great significance for the steady development of China-U.S. relations.He noted that under the current situation, China is ready to make concerted efforts with the United States to deepen understanding, enhance mutual trust and better carry out the consensus reached by the two countries' leaders, so as to build a cooperative partnership based on mutual respect and mutual benefit.Clinton said President Obama looked forward to his meeting with President Hu.The U.S. side values its cooperative partnership with China, which is not only in the interests of both sides, but also holds great importance to the world at large, she said.Earlier this month, Hu and Obama met in Cannes, France, on the sidelines of a summit of the Group of Twenty (G20) and exchanged views on bilateral ties and the G20 summit.

BEIJING, Dec. 14 (Xinhua) -- The People's Bank of China, the country's central bank, said Wednesday that China will continue its prudent monetary policy next year while making the policy more targeted, flexible and forward-looking.The announcement came after the conclusion of the annual central economic work conference Wednesday morning, which has set economic policy guidelines for the coming year.The central bank will maintain control over the intensity, pace and focus of macroeconomic regulation, make full use of monetary tools, tune up credit supply and promote reasonable growth in social financing, according to a statement posted on its website.The bank will improve credit structure, increase support to key sectors and weak areas, especially to agriculture, small and medium-sized enterprises and affordable housing construction, as well as better serve the real economy.It will continue to perfect its yuan exchange rate formation mechanism, and keep the yuan exchange rates basically stable at a reasonable and balanced level.Meanwhile, the bank will strengthen and improve its foreign exchange management, deepen financial system reforms, prevent and solve financial risks, the statement said.

WASHINGTON, Dec. 20 (Xinhua) -- NASA's Kepler mission has discovered the first Earth-size planets orbiting a sun-like star outside our solar system, the U.S. space agency announce Tuesday.The planets, called Kepler-20e and Kepler-20f, are too close to their star to be in the so-called habitable zone where liquid water could exist on a planet's surface, but they are the smallest exoplanets ever confirmed around a star like our sun, according to NASA.The discovery marks the next important milestone in the ultimate search for planets like Earth. The new planets are thought to be rocky. Kepler-20e is slightly smaller than Venus, measuring 0.87 times the radius of Earth. Kepler-20f is slightly larger than Earth, measuring 1.03 times its radius. Both planets reside in a five-planet system called Kepler-20, approximately 1, 000 light-years away in the constellation Lyra.Kepler-20e orbits its parent star every 6.1 days and Kepler-20f every 19.6 days. These short orbital periods mean very hot, inhospitable worlds. Kepler-20f, at 800 degrees Fahrenheit, is similar to an average day on the planet Mercury. The surface temperature of Kepler-20e, at more than 1,400 degrees Fahrenheit, would melt glass."The primary goal of the Kepler mission is to find Earth-sized planets in the habitable zone," said Francois Fressin of the Harvard-Smithsonian Center for Astrophysics, lead author of a new study published in the journal Nature. "This discovery demonstrates for the first time that Earth-size planets exist around other stars, and that we are able to detect them."The Kepler-20 system includes three other planets that are larger than Earth but smaller than Neptune. Kepler-20b, the closest planet, Kepler-20c, the third planet, and Kepler-20d, the fifth planet, orbit their star every 3.7, 10.9 and 77.6 days. All five planets have orbits lying roughly within Mercury's orbit in our solar system. The host star belongs to the same G-type class as our sun, although it is slightly smaller and cooler.

BEIJING, Jan. 21 (Xinhua) -- The State Grid Corporation of China (SGCC), the country's largest electric power transmission and distribution company, said Saturday that the power supply will be sufficient during the upcoming Spring Festival holiday.Thermal power plants currently have 89.34 million tonnes of coal, which is enough for 20 days of power generation.Meanwhile, the country's electricity consumption is expected to fall by 40 percent during the holiday which lasts from Jan. 22 to Jan. 28, as many factories suspend production during the period, SGCC said.The company said it will keep a close eye on the cold weather, strengthen inspections and maintenance of high-voltage grids, and take precautions to minimize the impact of snow and freezing rain on power transmission.