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BEIJING, July 4 (Xinhua) -- Former Chinese Vice Premier Zeng Peiyan on Saturday called for the whole world to work together to seek reforms in financial supervision, boost economic restructuring and build a green economy.     The present financial crisis has revealed deep-rooted structural imbalance within the traditional economy and developing pattern, and the world should focus on solving such issues in the post-crisis era, he told Xinhua during an exclusive interview at the Global Think Tank Summit.     The international community should jointly improve the global financial supervision system with generally-accepted regulatory standards to monitor and intervene on possible systematic risks as early as possible, Zeng said.     The international currency system should be reformed into a steady, foreseeable and diversified one, and it is necessary to set supervision on the financial stability of nations of major reserve currencies, he told Xinhua.     It would take a long time to carry out the global economic restructuring and solve the imbalances between consumption and savings, he said, adding that such a move needs efforts from both developed countries and developing ones.     Zeng called on developed countries to help developing countries by improving their external environment for economic development, as developing countries have already become the biggest victims of the present crisis.     Zeng also called for more international cooperation in building a green economy, as developing countries need technical and financial support from developed countries to avoid wasting resources and destroying the environment while seeking economic revival.     The summit, which concluded on Saturday, is organized by the China Center for International Economic Exchanges (CCIEE), a non-governmental research and consulting organization created this March, with Zeng as its director.     The three-day summit had attracted over 900 scholars, experts and business leaders from all over the world, including former President of the European Commission Romano Prodi and former Secretary of State of the United States Henry Kissinger

BEIJING, June 27 (Xinhua) -- Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), had a meeting here with heads of the delegations of Taichung City and Taichung, Changhua and Nantou counties of Taiwan Saturday.     On the same day, the CPPCC leader also paid a visit to an exhibition of farm produce and tourist attractions from these four areas of central Taiwan, at its opening day. Jia Qinglin (1st R), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), meets with heads of the delegations of Taichung City and Taichung, Changhua and Nantou counties of southeast China's Taiwan Province, in Beijing, capital of China, on June 27, 2009In his talks with the Taiwan visitors, Jia welcomed the four Taiwan areas to jointly hold the exhibition in Beijing.     Since May last year, when the situation in Taiwan experienced a major positive change, the two sides have taken the rare opportunities and adopted a series of positive measures to promote cross-strait relations and made breakthroughs. Cross-Straits relations now exhibit a bright future of peaceful development, said Jia.     In May last year, the Chinese Kuomintang Party (KMT) won in the island's elections. Jia Qinglin (2nd L, front), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), visits an exhibition of farm produce and tourist attractions from Taichung City and Taichung, Changhua and Nantou counties of southeast China's Taiwan Province, in Beijing, capital of China, on June 27, 2009.More than ever, the Chinese compatriots living on both sides of the Taiwan Straits need to join hands to get over difficulties at a time when the impact of the global financial crisis still persists and the economic growth of the world is noticeably slowing down, said Jia, who is also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee's Political Bureau.     The mainland side is willing to do its best to strengthen cross-straits cooperation, in an attempt to assist Taiwan in getting over the difficulties brought about the global financial crisis, Jia said.     The mainland has issued over 70 policies and measures, including those on farm produce and tourism, in favor of Taiwan compatriots and to deepen cross-Strait exchanges and cooperation, according to the top political advisor.     He hoped that the compatriots of the two sides could jointly explore the road towards peaceful development of cross-Straits relations, share the achievements, jointly carry forward the common culture and heritage that are of the same root, and make joint efforts for the great rejuvenation of the Chinese nation.     Also Present at the meeting were Beijing Mayor Guo Jinlong, President of the mainland-based Association for Relations Across the Taiwan Straits (ARATS) Chen Yunlin, Executive Deputy Director of the State Council Taiwan Affairs Office Zheng Lizhong, and Chairman of the China Council for the Promotion of International Trade Wan Jifei.     The exhibition was jointly sponsored by the four central Taiwan areas and Beijing.

CHENGDU, May 28 (Xinhua) -- Chinese Vice Premier Hui Liangyu called on Thursday Asian and European countries to improve their disaster prevention and relief abilities through cooperation and sharing of information.     Hui made the remark at an Asia-Europe workshop on cooperation and capacity building in disaster prevention and relief, held in Chengdu, capital of southwest Sichuan Province.     Hui said natural disasters are common challenges facing the whole mankind, and cooperation between Asian and European countries in disaster relief not only has an important bearing on the economic development and livelihood of the people, but also on the sustainable development of the mankind.     "Asian and European countries should further enhance exchange and cooperation in monitoring and forecast of disasters, as well as emergency response and relief efforts," said Hui, who also suggested building of a cooperation mechanism and information sharing, that would serve the improvement of disaster prevention and relief abilities of all countries.     China had frequent natural disasters and would share its experience in coping with disasters with other countries, Hui said. He said China would continue to provide support and aid within its ability to the capacity building in disaster relief for other developing countries.     On the country's disaster prevention and relief capacity building, Hui said, China would further improve its monitoring of natural disasters and emergency rescue system, raise anti-disaster standards for buildings and increase public awareness of disasters and push for international cooperation in disaster relief.     The vice premier expressed China's appreciation for international help and support to the country's disaster relief and quake relief after the 8.0-magnitude earthquake that struck Wenchuan of Sichuan on May 12, 2008.

BEIJING, July 7 (Xinhua) -- Chinese banks have been active in transacting yuan cross-border settlement after the first deal was made Monday.     The Industrial and Commercial Bank of China (ICBC) said Tuesday it had dealt with yuan cross-border settlement totaling 17 million yuan (2.49 million U.S. dollars) in two days.     Many banks in Guangdong Province were active in dealing with yuan cross-border settlement. The Bank of China Guangdong branch transacted yuan cross-border settlement totaling 7.96 million yuan (1.17 million U.S. dollars) Tuesday.     "Guangdong Province has a large economic scale and is highly dependent on foreign trade. Yuan cross-border settlement could help enterprises avert exchange rate risks and reduce costs," said Cao Licong, deputy governor of the BOC Guangdong branch.     "The service is favored by enterprises and will be promising in the future," said Hu Ye, deputy governor of the ICBC Guangdong branch.     China launched its first yuan cross-border settlement Monday.     China's State Council, or Cabinet, announced in April a pilot program to allow exporters and importers in Shanghai, and southern Guangzhou, Shenzhen, Zhuhai and Dongguan cities to settle cross-border trade deals in Renminbi (RMB), or yuan.     China last week issued detailed regulations for the pilot program for cross-border trade settled in yuan. The rules specified how to make transactions using yuan to settle trade with Hong Kong and Macao and regional trade partners.