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NEW YORK, July 2 (Xinhua) -- In celebration of the 2010 Shanghai World Expo, Nasdaq OMX held a special ceremony and showcased the expo in the heart of Times Square on Friday.Baodong Li, China's Plenipotentiary and Permanent Representative to the United Nations, and Keyu Peng, Consul General of Chinese Consulate General in New York, attended Friday' s opening ceremony at the Nasdaq MarketSite in Times Square.Classical musician Lang Lang, the global promotion ambassador of the Shanghai World Expo, rang the opening bell. Li Baodong (L3), the Chinese ambassador to the UN, Peng Keyu (R2), China's consul general in New York, Chinese pianist Lang Lang (L4), who is also a goodwill ambassador of the Shanghai Expo, and Robert McCooey (R3), Senior Vice President of New Listing and Capital Markets of NASDAQ OMX, stand for group photo in front of a screen at Nasdaq in New York, July 2, 2010. Lang Lang rang the bell for the opening of Nasdaq Friday to promote the ongoing Shanghai World Expo.On July 13th, Lang Lang will perform with the Shanghai Symphony Orchestra and the New York Philharmonic as they launch their 2010 Concert in Central Park. It is the first time ever that the two orchestras will share the stage during New York's famed summer Parks series.Nasdaq will also display celebration messages dedicated to the Shanghai World Expo on its big screen in Times Square all day Friday.

BEIJING, Aug.1 (Xinhua) -- The People's Bank of China, China's central bank, has asked its branches to effectively implement a moderately loose monetary policy in the second half of the year.The bank urged maintaining the continuity and stability of monetary policies while making them more targeted and flexible, according to a statement on the bank's website after a meeting with branch presidents.It also urged adhering to the policy of striking a balance between keeping stable and relatively fast economic growth, adjusting the economic structure and managing inflation expectations.It asked its branches to stick to its annual lending target while maintaining market liquidity at a reasonable level.Housing loan policies should be strictly implemented to ensure the stable and healthy development of China's real estate market, the statement said.h China's monetary policy should be more proactive, targeted and effective, the statement added.The central bank has set a target to keep the country's new bank lending to below 7.5-trillion-yuan (1.1 trillion U.S. dollars) in 2010.In the first half of the year, China's new yuan-denominated lending hit 4.63 trillion yuan, down 2.74 trillion yuan from the same period last year.

BEIJING, July 9 (Xinhua) -- Chinese spent less in June amid surging commodities prices and floods in many of the country's southern provinces, according to the latest reading of an index that gauges consumer confidence on Friday.The Bankcard Consumer Confidence Index (BCCI), compiled by the Xinhua News Agency and the national bank card association China UnionPay, slid to 86.30 in June, down 0.09 points from May.Compared with the same period last year, the June BCCI figure was 0.24 points higher. The index hit a record high of 86.89 in March.The reading in June indicated Chinese bank card spending was affected by surging commodities prices and the floods in southern China.Consumers also turned more conservative in spending due to sluggish performances of domestic stock markets and property markets in June.China's month-on-month economic growth rate is likely to have slowed in June given signs that electricity demand declined remarkably that month and the Purchasing Managers' Index (PMI) for China's manufacturing sector dipped 1.8 percentage points for two months in a run to 52.1 percent in June.Xinhua and UnionPay jointly started compiling the BCCI index in April 2009 based on bank card transaction data and analysis of structural changes in urban consumption. 

SHANGHAI, June 12 (Xinhua) -- Chinese State Councilor Liu Yandong met here Saturday with former Japanese Prime Minister Yukio Hatoyama, who was here to attend the Shanghai World Expo's Japanese National Pavilion Day.Liu spoke highly of Hatoyama's efforts during his tenure in advancing Sino-Japanese relations, and said China was ready to work with Japan to promote ties.Liu hoped the Shanghai Expo could serve as a good opportunity to promote bilateral people-to-people exchanges, as such exchanges could help further develop bilateral ties.Hatoyama resigned from the top post on June 2, and Naoto Kan succeeded him as prime minister.Hatoyama, who was here as special envoy of the new prime minister, attended an official celebration ceremony for Japanese National Pavilion Day together with Liu earlier Saturday.During the ceremony, Liu expressed China's appreciation of Japan's support in the preparation of the Expo, adding Japan's rich experience of hosting the event helped spread the Expo spirit.Japan has hosted the comprehensive Expo twice and the professional Expo three times."I believe the Shanghai Expo will provide important opportunities for the two countries and two peoples to deepen mutual understanding and bilateral cooperation," she said.Hatoyama said he was glad to attend the ceremony, because his wife was born in Shanghai. And he hoped people in the world could use their "hearts" and "technologies," to contribute to the harmonious development of the world.The Japan Pavilion, with the theme of "Harmony of the Hearts, Harmony of the Skills," is eye-catching with its attractive appearance and clever use of hi-technology. Dubbed the "Purple Silkworm Island" by Chinese people, the pavilion is semi-circular in structure and covered by a purple membrane material.

BEIJING, July 19 (Xinhuanet) -- Expo 2010 Shanghai is proving to be a boon for successful Chinese entrepreneurs eager to tap into the global market.The 184-day event, which is predicted to attract an estimated 4 million foreign visitors along with global media coverage, is considered to be a golden opportunity for Chinese companies to raise their brands to an international level and explore business opportunities.According to survey released last year by the information office of Shanghai Municipal Government, more than a quarter of the respondents were hoping to visit Shanghai during the Expo to seek future business.The online survey polled 503 foreigners in 44 countries and regions across the world, 30 percent of whom were senior corporate executives.Of the Expo's 58 partners and official sponsors, 47 are Chinese companies, 25 are from Shanghai, 15 are from Beijing and seven from other parts of the country. They contributed a total of more than 7 billion yuan ( billion) in sponsorship fees to the event, averaging more than 100 million each.While the sums are large, the contributors represent only a small portion of the number Chinese firms that want a slice of the Expo pie. Those who are not qualified to partner an official sponsor have sought other means of gaining brand exposure."The Expo is a once-in-a-century opportunity for us to promote our brand on an international scale," said Zhang Yingguang, a public relations manager for Tsingdao Beer, the Chinese industry leader based in Qingdao, Shandong province.The company launched a flurry of billboard advertisements on the city's busiest streets, as well as in metro stations and commercial areas. The ads targeted foreigners by trying to teach them Chinese phrases about drinking.It also made a presence in the Zero Carbon Pavilion at the Expo, where it contributed lamps made out of beer bottles and launched a gourmet TV show with a local TV station.