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BEIJING, July 28 (Xinhuanet) -- China will end the public shaming of prostitutes by parading them through the streets, the People's Daily reported on Tuesday, following controversy over cases in which sex workers were paraded in public.Ministry of Public Security has ordered the police to stop parading suspects in public and has called on local departments to enforce laws in a "rational, calm and civilized manner," the report said.Prostitution is illegal in China and police sometimes used means such as parading prostitutes in public as a deterrent. However, recent cases have sparked controversy on the Internet.Earlier this month, local media in the city of Dongguan in southern China's Guangdong province published pictures of two suspected prostitutes and two patrons who had been detained by police. The handcuffed girls were shown walking barefoot, handcuffed and tethered by a rope around their waists.In another case this month, police in Wuhan, capital of central China's Hubei province, posted a public notice about a vice raid, including personal information about prostitutes and their clients.

BEIJING, June 10 (Xinhua) -- China's foreign exchange regulator said Thursday it will strengthen monitoring of cross-border capital flows to reduce risk.The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign Exchange (SAFE) said in its annual report on management of foreign exchange posted on its website.It will also enhance its monitoring of abnormal cross-border capital flows by cracking down on illegal private banks and internet-based speculation in foreign exchange.The SAFE will maintain a prudent approach to managing foreign currency reserves and will continue to improve its diversification strategy.China's balance of payments continue to expand, albeit slowly, despite the impact of the global financial crisis.At the end of 2009, China's foreign exchange reserves hit 2.4 trillion U.S. dollars, a 453 billion U.S. dollar increase from the end of 2008.China had gold reserves of 1,054 tonnes at the end of last year, the fifth largest in the world.Although gold has commodity and monetary properties, the global gold market is relatively small and illiquid, the report noted, adding that because of its volatile price and high cost of holding and trading, gold has limited utility in asset allocation.

TANGSHAN, Hebei, July 18 (Xinhua) -- Chinese Vice President Xi Jinping on Sunday called for greater efforts to fuel the country's transformation of its economic growth pattern.Xi made the call during an inspection to Tangshan, a city ravaged by a 7.8-magnitude earthquake that killed more than 240,000 people in 1976, just days ahead of its 34th anniversary.The Vice President placed flowers before a memorial wall for the earthquake, and expressed his condolences for the quake victims.Chinese Vice President Xi Jinping (L, front), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with an worker at an ore wharf in Caofeidian port, Tangshan City of north China's Hebei Province, July 18, 2010. Xi Jinping paid an inspection to Tangshan from July 17 to July 18.When visiting a local dock and a train factory, Xi said the drive to transform China's economic growth pattern should rely on newly developed and high technologies, and called for greater efforts to develop a circular economy in order to attain "energy-saving, environment-friendly and innovation-driven development."He also urged members of the Communist Party of China to solve more practical problems for the public, and said the current official selection and appointment system should be further improved.

BEIJING, June 12 (Xinhua)-- The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year on year to 8.13 billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Saturday.The figure brought the country's FDI to 38.92 billion U.S. dollars in the first five months, an increase of 14.31 percent from a year earlier.Yao said that in the first five months, FDI mainly flowed into the manufacturing sector, accounting for 47.32 percent of the total, despite a fall of 3.85 percent in the amount.The service sector saw actual inflow of the FDI up 32.05 percent from a year earlier, while FDI in the primary sector, including farming, fishery and forestry, rose 85.49 percent year on year, which accounted for 1.63 percent of the total FDI in the first five months.China approved the establishment of 9,638 overseas-funded ventures in the first five months, up 22.15 percent from the same period of last year.In May alone, the government approved 2,132 such companies, representing a year-on-year increase of 29.29 percent.

OSLO, June 12 (Xinhua) -- He Guoqiang, a leader of the Communist Party of China (CPC), met on Friday with Raymond Johansen, the general secretary of the Norwegian Labor Party and the Norwegian Foreign Minister, Jonas Gahr Store, in an effort to deepen bilateral relations and mutual cooperation between China and Norway.In a meeting with Johansen, He said that both the CPC and the Norwegian Labor Party are the ruling party in China and Norway respectively and that drawing from each other's experience in ruling is an important aspect of the party-to-party friendly exchanges.The CPC has taken many practical measures to strengthen disciplinary work, expand democracy within the party and fight corruption, He said. The Chinese party and government attaches great importance to drawing from international experience and actively developing cooperation with every country, he added.Johansen said that fighting corruption is a hard nut to crack throughout the world and that the Norwegian Labor Party highly evaluates the tremendous efforts taken by CPC and the great achievements made by the Chinese party in this regard.The international financial crisis evoked a deep thought in the international community on the mode of development and the route leading to modernization, and Norway and China are the first two countries which walked out of the shadow of the international financial crisis, said Johansen.The two parties should continue to exchange views over the mode of development and the way of modernization, said Johansen.In his meeting with Store, He said that the Chinese party and government attaches great importance to the relations between China and Norway and see Norway as an important partner for cooperation.The Chinese side is willing to work together with the Norwegian side to strengthen political dialogue, deepen mutually-beneficial cooperation, expand exchange in the humanities and enhance the mutual understanding and friendship between the peoples of the two countries, said He.Store expressed his appreciation over China's treatment of all countries, big or small, on a equal footing.He said that China plays a very important role in international affairs and that the Norwegian side is willing to cooperate with China on the climate change, disarmament an regional hot-spot issues.On Friday, the senior CPC official also met the Norwegian minister of environment and international development, Erik Solheim and the deputy chairman of the Norwegian parliament, Per Kristian Foss.

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