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BEIJING, Dec. 11 (Xinhua) -- A Russian oil painting exhibition was unveiled Saturday at the Cultural Palace of Nationalities in Beijing.On display are more than 200 oil paintings by 50 artists of the former Soviet Union and Russia. The China-Russia Friendship, Peace and Development Commission, the organizer, said the exhibition was held to boost bilateral cultural exchanges.Hua Jianmin (L Front), vice chairman of the Standing Committee of China's National People's Congress, visits a Russian oil painting exhibition in Beijing, capital of China, Dec. 11, 2010.About 100 guests, including Hua Jianmin, vice chairman of the Standing Committee of the National People's Congress, China's top legislative body, and Russian Ambassador to China Sergey Razov, attended the opening ceremony.The week-long exhibition is open to the public for free.

BEIJING, Jan. 13 (Xinhua) -- The Chinese yuan strengthened to a record high against the U.S. dollar on Thursday to reach 6.5997 per dollar.The central parity rate of the Chinese currency, also known as the renminbi (RMB), was set 131 basis points lower than Wednesday's 6.6128, according to the China Foreign Exchange Trading System.China's central bank announced on June 2010 it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market each business day.

WASHINGTON, Dec. 2 (Xinhua) -- China's rapid economic growth is good for the U.S. workers, and the U.S. government is committed to improving bilateral economic relations with China, said U.S. Commerce Secretary Gary Locke on Thursday."China has lifted almost 200 million people out of poverty (in the past two decades). And in the years ahead, hundreds of millions more Chinese will ascend into the middle class," Locke said at a U.S.-China commercial relations forum, which was held in Washington ahead of the U.S.-China Joint Commission on Commerce and Trade (JCCT) session scheduled for Dec. 14-15."The United States welcomes this growth because this is good for the people of China ... it's good for the global economy, and good for U.S. business and ultimately, U.S. workers," said Locke.He noted that as recently as 40 years ago, the commercial relationship between the United States and China barely existed. But in the recent decades, "we have seen our countries grow progressively closer."In 2009, the bilateral trade volume reached some 365 billion dollars. China was the largest supplier of U.S. goods imports in 2009 and was the third-largest market for U.S. exports, only after Canada and Mexico.Locke mentioned that as U.S. Commerce Secretary, he has visited China for four times."Each time I visit China, I'm absolutely amazed by the transformation and the progress within China," he said.Locke noted that although there are disagreements between the two sides, there are more opportunities for cooperation."In many areas, especially in emerging industries, like clean energy and biotechnology, the interests of China and the United States are tied together. And the reform as good for the U.S. will be good for China as well," he added.Locke also revealed that during the upcoming 21st session of the JCCT in Washington D.C., the two countries will seek to further "nurture and improve the most highly-scrutinized bilateral economic relationship on Earth.""This is our most important bilateral dialogue or mechanism for resolving trade and investment issues between our two countries," he stressed.The session will be co-chaired by Locke and U.S. Trade Representative Ron Kirk with Chinese Vice Premier Wang Qishan. U.S. Secretary of Agriculture Tom Vilsack will also join the dialogue.

ISLAMABAD, Jan. 1 (Xinhua) -- Pakistan and China on Saturday officially launched the Pakistan-China Friendship Year of 2011 in Islamabad, which will feature a year-long celebration to mark the 60th anniversary of the establishment of diplomatic relations between the two countries.Addressing a ceremony in the Pakistan-China Friendship Center, Pakistani Foreign Minister Shah Mahmood Qureshi said a series of events and activities will begin countrywide with the start of 2011, which was declared as the Year of Friendship by Chinese Premier Wen Jiabao and his Pakistani counterpart Yousuf Raza Gilani during Wen's visit to Pakistan in December.Qureshi termed the ceremony held in the friendship center as significant, saying the cultural complex itself, recently inaugurated by Wen and Gilani, is a symbol of the friendship between the two neighbors.Chinese Ambassador to Pakistan Liu Jian said the Chinese premier paid a successful and historic visit to Pakistan and the year of 2010 witnessed a continued, stable and vigorous growth of the strategic partnership of bilateral cooperation.Liu said China and Pakistan will hold a series of wonderful commemorative activities covering such fields as politics, economy, culture, education, sports, military and others in the new year.He believed that all the activities will further promote mutual understanding and brotherly friendship between the two peoples and bring the all-weather relations to a new high.At the ceremony, Pakistani Foreign Secretary Salman Bashir conveyed the congratulatory messages from Pakistani President Asif Ali Zardari and Prime Minister Yusuf Raza Gilani on the commencement of the Pakistan-China Friendship Year.

YOKOHAMA, Japan, Nov. 13 (Xinhua) -- Chinese President Hu Jintao put forward a five-point proposal on Saturday to promote sound and fast economic growth in the Asia-Pacific region.Hu made the proposal at the 18th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) forum, which opened here Saturday afternoon.Firstly, Hu asked the APEC economies to "promote balanced growth to create conditions for long-term economic development," saying they should seek balanced growth both within a member economy and among all member economies."We should increase input to help developing members achieve their full potential and narrow the North-South gap," Hu said.He called on APEC members to move toward a more rational division of labor, a more balanced financial and trade structure, more efficient allocation of resources and more equitable sharing of benefits.Efforts by APEC members in this aspect "will contribute to balanced and coordinated global economic growth," he said.Secondly, President Hu said the APEC members should "advocate inclusive growth to boost the internal dynamism of economic development."He called on all members to focus on economic development, uphold social equity and justice and adhere to the people-first principle so that all countries, regions and groups could benefit from economic globalization and development.