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HANOI, July 21 (Xinhua) -- Chinese Foreign Minister Yang Jiechi on Wednesday urged East Asia Summit (EAS) to continue to serve as a platform for macro-level dialogue in the region.EAS, as a leaders-led forum, could be a forward-looking platform for countries in the region to explore ways to push for strong, continued and coordinated growth in the region, said Yang at the East Asia Summit Foreign Ministers' Informal Consultations.The consultations drew foreign ministers from ten ASEAN ( Association of Southeast Asian Nations) member states, China, Japan, South Korea, India, Australia, and New Zealand.Participants pose for group photos during the East Asia Summit Foreign Ministers s'Informal Consultations in Hanoi, capital of Vietnam, July 21, 2010 0EAS has served as a dialogue platform among different countries in the region on major issues in the past year, including the effect of the international financial crisis, said Yang.Yang said the world economy is recovering, however, the momentum needs to be further sustained. Countries in the region could make better use of the platform to achieve sound and fast growth.Yang said EAS has pushed forward cooperation on finance, disaster mitigation, trade, education and climate change in the region.Yang said China would intensify education cooperation with other EAS countries. In the coming five years, China will provide 400 more government scholarship each year to developing countries in the EAS framework.Yang also illustrated China's position on region architecture development at the meeting.Yang said the development of regional architecture is conducive to the peace, development, cooperation and prosperity of East Asia. Yang reaffirmed that ASEAN should maintain centrality in regional framework.ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

BEIJING, July 22 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), weakened to 6.7859 per U.S. dollar Thursday from 6.7802 per U.S. dollar Wednesday, 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.

SUZHOU, Jiangsu, June 12 (Xinhua) -- Scholars and officials stressed the importance of protecting cultural heritage at the World Expo's second theme forum which opened in Suzhou, east China's Jiangsu Province on Saturday.Culture remains the soul of a city and urban residents not only need to ensure that traffic moves smoothly, infrastructure projects are completed and their economic futures are secure, but they must also protect their cities' diversified cultures, noted Minister of Culture Cai Wu.The country's urbanization has improved people's lives, but also resulted in problems such as a disappearing cultural heritage and the sometimes monotonous appearance of cities, Cai said."If it goes on like that, it will certainly impede the growth of a city or a country and reduce the quality of people's lives," Cai warned.Further, globalization was causing more pressure to protect the nation's cultural heritage, said Sha Zukang, head of the United Nations Department of Economic and Social Affairs.Cultural heritage protection should focus on providing a diversified culture rather than a monotonous culture, Sha said.With the theme focusing on cultural heritage and urban regeneration, the two-day forum was co-organized by the Ministry of Culture, the State Administration of Cultural Heritage, the Executive Committee of Expo 2010 Shanghai China, the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the government of Suzhou.The forum has attracted nearly 800 participants from some 20 countries and regions, as well as international organizations.Participants to the forum include Deputy Director-General of UNESCO Hans d' Orville and the French architect and designer of China's National Center for the Performing Arts, Paul Andreu.A total of 189 countries have sponsored pavilions at the six-month Shanghai World Expo, whose theme is "Better City, Better Life".

HONG KONG, June 21 (Xinhua) -- After working in Beijing for 10 months, U.S. Ambassador to China Jon Huntsman said here Monday that trust was very important and was the fuel that powered the U. S.-China relations."Sometimes the tank is full, (and) sometimes it draws down. When it draws down like what happened early this year, the relations become sort of rocky," said Huntsman, who was invited by the Hong Kong General Chamber of Commerce as one of its 150th anniversary speakers.Huntsman, who became U.S. Ambassador to China in August last year, gave five observations on the U.S.-China relations.Firstly, the mandarin-speaking U.S. diplomat said there were a lot less dramas in the U.S.-China relations than many people might imagine despite the occasional alarmist headlines."If you view the U.S.-China relations with a distance, you get the sense that the wheel is coming off the bus. But when in the middle of the relations, you would get less drama," he said."There is more respect ... (and) the ability to communicate on the very very sensitive issues. I don't have a panic button, no restart button. The relations have ups and downs, but overall relations are strong, stable and resilient," Huntsman said.Secondly, he said there are areas of difference but there are many more areas of convergence and what unites us is a lot more important than what divides the U.S. and China."Our success is increasingly tied to identifying our shared interests and to working towards practical solutions," said the 50- year-old diplomat.Thirdly, Huntsman said the two nations were not seeking to " impose our world views on one another" or "to remake one another."The U.S. and China would seek to understand each other better, to continue dialogues and to improve future prospects, he said.Fourthly, Huntsman said while hot political issues often grab public attention, the foundation of the U.S.-China relations was largely commerce and trade.Back in 1974 and 1975, two-way annual trade between the U.S. and China was somewhere between 500 million U.S. dollars to 1 billion U.S. dollars, but this year the U.S.-China trade would reach 400 billion U.S. dollars, making it the world's largest commercial relations, according to Huntsman.Even in the sensitive areas of imbalance, it began to narrow, he said. In 2000, China was the 11th largest export market of the U.S. while it was the third largest now.Fifth, Huntsman said long-term U.S.-China relationship should be based on investment in the next generation and real trust would be earned by people-to-people interactions.Huntsman reminded people of being realistic on the expectations over the U.S.-China relations. "It would never be a 100-percent paradise, nor a cold-war staredown. It would probably be something in between," he added.Asked to comment on China's move to allow more flexibility in its yuan exchange rate, Huntsman responded carefully."I think it's a genuine attempt by China to address its exchange rate mechanism by providing greater flexibility. I know they have given great thoughts and consideration on going forward, knowing that any economic transition that results in stronger consumption, will at some point have to deal with the currency issue," he said.

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.