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TASHKENT, May 1 (Xinhua) -- When and how the exchange rate of Chinese Yuan should be adjusted must be decided by the Chinese government, the president of the Asian Development Bank (ADB) said Saturday.Addressing the opening press conference of the 43rd annual meeting of the ADB's Board of Governors, Haruhiko Kuroda said the yuan issue was "up to the Chinese authorities to decide."Meanwhile, Kuroda also said it was up to Chinese authorities to decide how and when to implement exit strategies.Kuroda acknowledged China played a leading role in the recovery of the Asia-Pacific region from the global financial crisis thanks to the 8.7-percent growth of its gross domestic product (GDP) last year.Haruhiko Kuroda, president of Asian Development Bank (ADB), speaks during a press conference in Tashkent, Uzbekistan, May 1, 2010. ADB began its annual meeting of the Board of Governors in Uzbekistan on Saturday. Kuroda said the Chinese economy would maintain a high growth rate, with a forecast of 9.6 percent of GDP growth this year and 9.1 percent next year.Despite the fact that China's substantial fiscal measures were not the same as those implemented during the crisis, Kuroda believed that sooner or later the government would mull over an exit from these measures given the strong economic growth.Besides China, all Asian countries should carefully time their exit strategies to unwind their anti-crisis fiscal and monetary policy measures, he said.The ADB began its 43rd annual meeting on Saturday with a pivotal focus on poverty, climate change and regional integration. It is the first time the ADB held its annual meeting in a Central Asian state.
WASHINGTON, April 12 (Xinhua) -- Chinese President Hu Jintao met Japanese Prime Minister Yukio Hatoyama here on Monday to exchange views on China-Japan relations and other issues of common interest.Hu said he is happy to have the opportunity to meet Hatoyama in Washington, who is an old friend of China.Hu appreciated Hatoyama's efforts to boost the friendly relations between China and Japan and his contributions in this regard since he took office.The Chinese leader said he is willing to exchange views with Hatoyama on the development of bilateral ties and issues of common concern.Chinese President Hu Jintao (R) meets with Japanese Prime Minister Yukio Hatoyama in Washington April 12, 2010. President Hu Jintao arrived in Washington on Monday to attend the Nuclear Security Summit slated for April 12-13. To boost the development of China-Japan strategic relationship of mutual benefit, Hu laid out a four-point proposal: keeping high-level exchanges, deepening mutually beneficial cooperation, expanding people-to-people and cultural exchanges, and enhancing cooperation in the process of Asia's integration.For his part, Hatoyama said he also feels very happy to meet President Hu again after their last meeting in Singapore last year.

BEIJING, April 1 (Xinhua) -- Chinese Vice Premier Hui Liangyu Thursday urged authorities to make provision of drinking water for people in drought-hit southwest China a top priority.Hui's call followed arrangements for combating the expanding drought laid out at a State Council, or Cabinet, meeting in Beijing."As the drought in southwest China continues, our fight against the disaster and the relief work remain onerous," he said."We must do everything we can to get water by taking measures such as artificial precipitation, digging wells and finding new water sources," he said.He also asked officials to invest more in building water conservancy facilities to solve the "bottleneck problems" of agricultural production.As of Tuesday, the expanding severe drought had left 24.25 million people and 15.84 million farm animals short of water, Vice Minister of Water Resources Liu Ning said Wednesday.The drought started in September last year in southwest China, with Yunnan Province being the worst affected region. Ocassional rainfall in these areas has done little to alleviate it.
STOCKHOLM, March 30 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday met with Swedish King Carl XVI Gustaf, complimenting the Swedish royal family for their contributions to promoting relations between Sweden and China.At the beginning of the meeting, Xi conveyed Chinese President Hu Jintao's compliments and best regards to the Swedish king, for which the Swedish king expressed his gratitude.Xi said that 60 years ago Sweden led many Western countries in taking the initiative to establish diplomatic ties with the new China, a move which the Chinese government and people always highly appreciate.Chinese Vice President Xi Jinping (R) meets with Swedish King Carl XVI Gustaf in Stockholm, Sweden, March 30, 2010.Thanks to concerted efforts by both sides in more than half a century, the Sino-Swedish relationship has reached a mature phase featured with frequent exchange of high-level visits, steady increase in mutual political trust, close trade and economic ties, mutually beneficial cooperation in science and technology, education, culture and environment protection, and active interactions at the local government level and between the two peoples, Xi said.The Chinese government attaches great importance to develop friendly and cooperative ties with Sweden and highly values the active role Sweden plays in EU and international affairs, the Chinese vice president said.He said that the Swedish royal family has devoted themselves to promoting Swedish-Chinese exchange and friendship and made great contributions to the development of relations between the two countries.
BEIJING, April 21 (Xinhua) -- Yu Zaiqing, vice president of the Chinese Olympic Committee (COC), on Wednesday paid tribute to the late former International Olympic Committee chief Juan Antonio Samaranch, naming him "an old friend of the Chinese people."Yu said in a statement, "Samaranch is an old friend of the Chinese people. He had always hoped that China could host an Olympic Games. And his wish was finally realized in 2008. The Chinese people thank him."Yu, who is also an International Olympic Committee vice president, added, "We want to express our deep condolences to the death of Mr. Samaranch. He has made tremendous contributions to the Olympic movement."He Zhenliang, the Honorary President of the COC and one of China's most famous sports figure, was deeply saddened by the death of Samaranch, whom he worked with for 20 years since he was elected to the IOC in 1981."The Olympic Movement lost a great leader, China lost a close friend and I lost a very close friend and an old brother," said the 80-year-old He.It was during Samaranch's reign that China returned to the Olympics in 1984 after a 32-year absence. And awarding the 2008 Olympics to Beijing was widely regarded as one of Samaranch's final legacies at the end of his Olympic reign in 2001."Samaranch has made great efforts to help China regain the positions in IOC and other international sports organizations. He also made great efforts to support China to have a bigger say in the international sports arena," He said."We can never forget President Samaranch's help in Beijing's successful bid and the exceptional success of the 2008 Olympic Games. When the preparations for the Beijing Olympics was disturbed by some political factors, he always firmly stood behind us," He told Xinhua in a telephone interview.Samaranch died in a hospital in Barcelona on Wednesday at 89. He was IOC chief between 1980-2001.One of his last public appearances was on March 4 this year when was awarded Hispano-Chinese Foundation prize for his time as President of the Hispano-Chinese Forum, which he had led since November 2001.
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