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BEIJING, Oct. 8 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), jumped 181 basis points, or 0.27 percent, Friday to a new record high at 6.6830 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Friday's central parity rate beat the previous record of 6.6936 on Sept. 29.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Friday's central parity, the Chinese currency has strengthened against the U.S. dollar by 2.12 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 9.2951 Friday, higher from 9.1329 on Sept. 30, the last trading day.The yuan's rate against 100 yen was 8.1040 Friday, compared with 7.9999 on Sept. 30.The Chinese currency fell 61 basis points against the British pound with the central parity rate being set at 10.6079 from 10.6018 on the previous trading day.The central parity of 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 in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.
ISTANBUL, Oct. 8 (Xinhua) -- Chinese Premier Wen Jiabao met with Turkish President Abdullah Gul here Friday on bilateral relations.Wen said China and Turkey have witnessed frequent high-level bilateral exchanges, steady growth of economic, trade and investment cooperation, and good cooperation in regional and international affairs since the establishment of diplomatic ties between the two countries.The establishment of a strategic relationship of cooperation, which the two sides agreed upon Friday, is in the fundamental interests of the two countries and the peoples and is beneficial to world peace and development, he said. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.Wen said China is willing to work together with Turkey on the implementation of the important consensus and agreeements that the two sides have reached to turn a new chapter in bilateral relations.Gul said Wen's successful visit to Turkey is sure to bring bilateral relations to a new level.He reiterated Turkey's adherence to the one-China policy.The Turkish president said that he saw great potential in the bilateral economic and trade cooperation and that Chinese enterprises are welcome to be involved in Turkish economic development.Gul said mutual understanding between the two peoples is very important and he hoped that the two countries will celebrate the 40th anniversary of the establishment of diplomatic ties next year with further expansion of bilateral cultural exchanges and tourism cooperation.Wen arrived in Turkey Thursday on a three-day official visit at the invitation of Prime Minister Recep Tayyip Erdogan.

GUANGZHOU, Sept. 23 (Xinhua) -- Floods, landslides and heavy downpours brought by typhoon Fanapi had claimed 55 lives in south China's Guangdong Province, while another 42 were still missing, local authorities said Thursday.Meanwhile, more than 1.26 million people were affected and 98,000 in low-lying areas were forced to be evacuated, a spokesman with the provincial civil affairs department said.Rainstorms and and geological disasters had destroyed more than 4,200 homes and inundated more than 48,700 hectares of cropland, the spokesman said.Direct economic losses were estimated at more than 2 billion yuan (300 million U.S. dollars), he said.Tonnes of relief supplies, such as tents, clothes, quilts, bottled water and rice, have been dispatched to the disaster-hit areas.Helicopters were used Thursday to airdrop relief materials to victims.Typhoon Fanapi, the 11th and strongest typhoon that hit China this year, landed in Fujian Province at 7 a.m. Monday, but wreaked most havoc in Guangdong, which neighbors Fujian on the south.No casualties have been reported in Fujian.
YUSHU, Qinghai, Sept. 22 (Xinhua) -- It has been six years since Zhaduo was moved away from his home on the ecologically vulnerable grassland on the Qinghai-Tibetan Plateau, but the 33-year-old said he still misses his yaks and the life of a herdsman."The money for selling 40 yaks and 25 sheep has been used," Zhaduo said. "It is so expensive to now live near the town center. Everything costs big money."Zhaduo is one of the emigrants from Rima village in Yushu County of northwest China’s Qinghai Province, near the source of China' s three major rivers - the Yangtze, the Yellow River, and the Lancang River - which form the world' s highest plateau wetland, known as Asia' s water tower.China started moving people out of the 150,000-sq-kilometer Sanjiangyuan region more than five years ago in a bid to repair the ecological system damaged by excessive herding and to transform the area into an unpopulated nature reserve.So far, some 50,000 herdsmen, mostly Tibetans, have bid farewell to the nomadic life and were moved closer to the town centers near their old homes, where they have better access to health and educational resources.Zhaduo now lives in Jiajiniang village, twelve minutes' drive from Gyegu township of Yushu. The family is surviving by picking mountain-grown caterpillar fungus.Zhaduo basically has no jobs in the months other than the harvest season from May to June, and he has no sense of security since he is relying on a business which can be bankrupt by inadequate rainfalls or abnormal climate changes."There is no way to return - the grassland is sealed off by the government and, anyway, I don' t have money to buy yaks and sheep," Zhaduo said.China' s policy makers have been urged to double their efforts to help the Sanjiangyuan emigrants adapt to the new life so the herdsmen who have no job skills do not have to be sacrificed by the massive ecological repair project.The government has earmarked 7.5 billion yuan (900 million US dollars) for the project.Li Xiaonan, deputy director of the Sanjiangyuan Ecological Preservation and Construction Office, said since efforts began to repair the wetland, it is now able to hold more water and the quality of the water has improved.The rising population, as well as overgrazing, have been blamed for the deteriorating ecosystem.Official statistics show that only 130,000 people lived in the prefectures of Guoluo and Yushu of the Sanjiangyuan region in 1949. However, the population grew five times over the past six decades.Li said the resettlement of 50,000 herdsmen is the key to improving the ecosystem, but the government will now have to find ways to provide more forms of aid, other than handing out quotas of free grain and cash subsidies to the resettled herdsmen.Additionally, the provincial government offers vocational training and has set aside funds to encourage small private businesses.Gongsangranjia is one of a few beneficiaries. He runs a Tibetan drug store near the town in the heart of Nangqian County, Yushu prefecture. Gongsangranjia and his family of ten moved out of the grassland 110 kilometers away from town some seven years ago.Since then, he sold two hundred yaks and sheep to build a spacious house and set up a drug store."The store income averages 300 to 400 yuan a day. The business is not bad," said Caiding, Gongsangranjia' s wife.Wang Hengsheng, a researcher with the Qinghai Academy of Social Sciences, said the resettlement program is not just "moving people out" but also helping them live a better life in a different environment."If they can not survive by themselves in the new environment, the Sanjiangyuan region won’t be able to achieve a long-term coordinated development of the ecosystem and the economy," Wang said.Ping Zhiqiang, an official with the provincial Development and Reform Commission of Qinghai, said the government should help resettled herdsman master a marketable trade and assist the region in developing a profitable sector. Only then can the improvement of the ecosystem be secured.
HANGZHOU, Sept. 11 (Xinhua) -- Nearly 1,000 graves were damaged in a mud flow that hit east China's Zhejiang Province Saturday after torrential rains, caused by tropical storm Meranti, triggered landslides, a debris flow and delayed flights.However, no causalities have been reported as of 11 p.m. after Hangzhou, capital of Zhejiang, was hit by nine landslides and a debris flow, said Zhejiang flood control officials.After the mud flow damaged 952 graves at the Meinushan Cemetery in Binjiang District, the district government ordered work crews to relocate exposed remains to safe places and reinforce existing graves, said officials.Torrential rains have been pounding the city since 4 a.m. Officials reported that by 7 a.m. the rainfall has reached 232 mm, a rarely seen accumulation in only three hours.In Shanghai, more than 300 outgoing flights, both domestic and international, were delayed for more than 30 minutes as of 5 p.m. at Shanghai Pudong International Airport.However, no flights have yet been canceled, according to airport security staff.Also, inbound flights have not been seriously affected, with fewer than 10 flights being delayed prior to landing, they said.Additionally, flights were not affected at the other civilian airport, Shanghai Hongqiao International Airport.
来源:资阳报