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BEIJING, July 21 (Xinhua) -- The Communist Party of China (CPC) Central Committee held its first-ever, high-level national conference on the work concerning Party history on Wednesday, prior to the 90th anniversary of its founding in July 2011.Vice President Xi Jinping called for more research and education about the history of the CPC, especially among young people.Xi, a Standing Committee member of the Political Bureau of the CPC Central Committee, made the remarks during a keynote speech delivered at the conference.He said the history of the 89-year-old Party is a "lively and vivid textbook," which should be well-studied, and research results should be used to "educate Party members, officials and the masses, especially the youth."Chinese Vice President Xi Jinping (L) speaks as He Guoqiang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, listens during the national work conference on the history of the CPC, at the Great Hall of the People in Beijing, capital of China, July 21, 2010.He said Party history should be included in schools' curriculums and publicized via the Internet.Further, researchers should study the Party's history "in a practical and realistic manner," Xi said, adding that the Party's glory, experiences, traditions and fine work style should be publicized.He added that the CPC strongly opposes any tendency that "distorts or smears the Party's history."Xi said the Party, having experienced the tests of revolution, development and reform, "successfully united and led the Chinese people to achieve miracles under an extremely complicated circumstance.""Over the past 89 years, the CPC contributed greatly to the nation's independence, unification and the people's well-being," he said.President Hu Jintao, also general secretary of the CPC Central Committee, met with the delegates, mainly Party historians, ahead of the conference. The country has more than 17,000 Party history researchers working in more than 2,800 research institutes nationwide.

SALZBURG, Austria, July 26 (Xinhua) -- Austrian President Heinz Fischer and Chancellor Werner Faymann on Monday met respectively with visiting Chinese Foreign Minister Yang Jiechi in Salzburg in the northern part of the country.Fischer recalled with pleasure his January visit to China, and asked Yang to convey his greetings to Chinese President Hu Jintao.In the 40 years since Austria and China established diplomatic ties, bilateral relations have witnessed continuous development, with frequent exchange of high-level visits, fruitful outcome in trade and other areas, as well as close consultations on international affairs, said Fischer during the meeting.He added that Austria would like to further strengthen its friendly relations with China.Yang conveyed President Hu's greetings to Fischer. He said leaders of the two countries had reached a series of important consensus on Sino-Austrian relations since President Fischer's successful visit to China.The minister also noted the two countries had maintained momentum in the exchange of high-level visits and achieved new progress in bilateral cooperation in such areas as infrastructure construction, new energy, environmental protection, aviation and tourism.While meeting with Chancellor Faymann, Yang pointed out that a good relationship between China and Austria is in the interest of both sides and also conducive to the development of China-Europe relations.China and Austria should make joint efforts to strengthen dialogue, deepen mutual trust, and enhance coordination on major international issues, said Yang.Faymann recalled his visit two months ago to Shanghai for the Austria National Pavilion Day at the World Expo, and said China's development had deeply impressed him.He hoped he would have the opportunity to pay an official visit to China to help deepen mutual understanding and promote the further development of bilateral relations.

BEIJING, July 1 (Xinhua) -- Chinese Vice President Xi Jinping on Thursday urged members and officials of the Communist Party of China (CPC) to emulate the achievements of an official who died on duty after six years of dedicated work as a village Party secretary.Xi made the statement in Beijing while meeting with attendants to a ceremony to mark the release of a movie about the Party secretary's life in the village, and that of a book based on his diaries.The official, Shen Hao, had been a provincial government official in Anhui in central China, but was later assigned as a village Party secretary in 2004.Shen's devotion to his job brought about significant changes in the village and twice his term was extended at the request of the people in the village, though the work eventually cost him his life. He fell ill through constant overwork and died on November 6, 2009.Xi hailed Shen as a role model for CPC members and officials and urged them to maintain close ties with the people.

BEIJING,Aug 17(Xinhuanet) -- China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.China's holdings fell by billion to 3.7 billion, a decline of 2.7 percent, the Treasury Department said Monday in a monthly report on debt holdings.Total foreign holdings of Treasury securities rose .6 billion to a total of trillion, an increase of 1.2 percent.The debt figures are being closely watched at a time when the US government is running up record annual deficits. A drop in foreign demand would lead to higher interest rates in the United States. The yield on Treasuries rises when fewer people invest in them.It would start with the US government paying more interest on its .3 trillion national debt and then ripple through the economy. Consumer loans such as home mortgages and auto loans track the yields on Treasurys, so they could rise, too.So far, interest rates in the United States have remained extremely low. A weak economy has depressed borrowing by the private sector and the Federal Reserve has kept a key interest rate at a record low level of zero to 0.25 percent in an effort to spur stronger growth.US interest rates have also been kept low by the European debt crisis in the spring. That triggered more investment in US Treasurys, which are considered the safest investment in the world because the US government has never defaulted on its obligations.China is the largest foreign holder of Treasury securities. The billion decline in China's holdings in June followed a .5 billion drop in May. China's holdings had hit a high for this year of 0.2 billion in April.There are concerns that China could influence US interest rates by rapidly selling off its holdings of US debt. That could lead others to dump their holdings and result in a spike in interest rates.But analysts say China is more likely to sell a little bit at a time."While it would hurt the United States if China started selling off our securities, it would hurt China just as badly because it would drive down the value of their holdings," said David Wyss, chief economist at Standard & Poor's in New York.Wyss predicted that China will slow its acquisition of new US government debt while diversifying its holdings. Wyss said that process has already begun, noting China's recent acquisition of energy and other natural resource holdings in Latin America and Africa.Japan, the second largest foreign owner of Treasury bonds, increased its holdings in June to 3.6 billion. That's an increase of .9 billion or 2.5 percent. Britain's holdings rose 3.5 percent to 2.2 billion.Japan had for years been the No 1 holder of Treasury securities, but was overtaken by China in September 2008.New government data showed that Japan lost its place as the world's second largest economy in the second quarter of this year. China moved up from No 3 to the No 2 spot, behind the United States.While the data on total economic output was for the second quarter, analysts believe China is on track to surpass Japan for the entire year and become the world's second largest economy.The US Treasury report said that net purchases of long-term securities, a category that covers not only US government debt but also debt of US companies, increased by .4 billion in June after rising .3 billion in May.

BEIJING, July 10 (Xinhua) -- China's trade surplus fell by 42.5 percent in the first six months this year from a year earlier to 55.3 billion U.S. dollars, the General Administration of Customs (GAC) said Saturday.In the first half of 2010, exports rose 35.2 percent to 705.09 billion dollars while imports were up 52.7 percent to 649.79 billion dollars, the GAC said in a statement posted on its official website.China's foreign trade in the first half totaled 1.35 trillion dollars, a year-on-year increase of 43.1 percent, after the country saw its June exports and total trade both reach record highs, the GAC said.In June, exports were up 43.9 percent to 137.4 billion dollars while imports were 117.37 billion dollars, up 34.1 percent year on year, resulting in a total trade value of 254.77 billion dollars, the GAC said.The June exports increased 4.3 percent from May and the imports were 4.6 percent higher from the last month, according to the statement.However, the pace of growth in exports and imports were both slower than in May when exports surged 48.5 percent and imports jumped 48.3 percent from a year earlier.Bi Jiyao, a senior researcher with the research institute under the National Development and Reform Commission, said the strong figures partly stemmed from the low comparison base last year.In the first half of 2009, China posted a 23.5-percent decline in total trade, with exports and imports down 21.8 percent and 25.4 percent respectively, according to the GAC data.More importantly, the strong performance of China's trade was attributable to the recovery of the world economy and China's deepening economic ties with other emerging markets, said Bi.Trade between China and the European Union rose 37.2 percent in the first half of this year to 219.42 billion dollars from the previous year, while trade with the United States grew by 30.2 percent to 171.99 billion dollars, the GAC said.China's trade with Japan also saw rapid growth, hitting 136.55 billion dollars, up 37 percent from a year earlier, and Japan became China's third largest trade partner as a result, the GAC data showed.China also saw booming trade with many emerging markets in the first six months this year.Trade between China and the Association of Southeast Asian Nations (ASEAN) climbed by 54.7 percent to 136.49 billion dollars, and China-Brazil trade jumped 60.3 percent to 26.39 billion dollars, said the GAC statement.Besides sound growth, China's trade pattern was also becoming more balanced with the gap between imports and exports narrowing, Bi said.In the first half this year, China's trade surplus shrank by 42.5 percent from the same period last year, after it recorded a surplus of 196.1 billion dollars in 2009, down 34.2 percent from 2008.Bi Jiyao said China's export growth would not be able to maintain such a high rate of growth as the comparison base was very low for the first half in 2009 when the world economy was struggling amid the financial crisis.Echoing Bi, Zhang Xiaoji, a senior researcher with the Development Research Center of the State Council, anticipated China's trade surplus this year would be reduced by 20 billion dollars from the 2009 level.From January to June this year, China recorded a trade deficit of 26.33 billion dollars with Japan, as imports from Japan rose 46.3 percent, compared with a 25.2-percent exports growth, and the deficit grew by 130 percent from the same period last year, the GAC said.China's trade deficit with Brazil stood at 5.75 billion dollars, and its deficit with the ASEAN countries widened to 7.29 billion dollars, compared with 600 million dollars registered for the whole year of 2009.China's imports were growing faster than exports, indicating that China's stable economic development was helping the world economy to recover while many countries were resorting to exports growth as a major tool to achieve economic recovery, Zhang Xiaoji said.