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BEIJING, Dec. 7 (Xinhua) -- Chinese Foreign Minister Yang Jiechi said Tuesday that 2010 had been marked by closer links, greater interaction and stronger cooperation between China and the world.He made the remarks in an address at a New Year reception hosted by China's Foreign Ministry.Noting 2010 had been an important year for the world economy to emerge from the shadow of the financial crisis and embark on the track of recovery, Yang said China and other countries had further deepened cooperation during the process of pursuing common development.Yang said 2011 marked the start of the implementation of China's 12th five-year plan, and China would enter a crucial period in efforts to build a moderately prosperous society, and accelerate the transformation of the economic development pattern.Chinese Foreign Minister Yang Jiechi speaks at the New Year reception held by the Ministry of Foreign Affairs of China, in Beijing, capital of China, Dec. 7, 2010.With common development goals, China and the rest of the world would enjoy a wider arc of cooperation and face new historic opportunities, he said.China would "proactively adapt itself to the new developments and needs of the domestic and international situations, stay committed to the path of peaceful development, and unswervingly follow the mutually beneficial strategy of opening-up."He said the world would continue to move towards multi-polarity, while the process of global economic recovery and reform would further evolve.In a speech, Nolana Ta-Ama, dean of the Diplomatic Corps and Togo's ambassador to China, hailed China's diplomatic efforts in the political and economic fields towards its close neighbors, such as the Association of Southeast Asia Nations (ASEAN) and Japan, and on the Korean Peninsula in particular.More than 400 people, including Chinese State Councilor Dai Bingguo, attended the reception.

BEIJING, Jan. 4 (Xinhuanet) --The amendment of China's organ transplant regulations is being prepared and may be out in March after revision, said Vice-Health Minister Huang Jiefu."It will give legal footing to the Red Cross Society of China to set up and run China's organ donation system," he told China Daily.The organ transplant regulations that the amendment will update have been in use since 2007."With the amendment, China will be a step closer to building up a national organ donation system, which is being run as a pilot project in 11 provinces and regions now, and thus ensure the sustainable and healthy development of organ transplants and save more lives," he said.The Red Cross Society's responsibilities will include encouraging posthumous voluntary organ donations, establishing a list of would-be donors and drawing up registers of people waiting for a suitable donated organ.The long-awaited system will be available to everyone in China (excluding prisoners) wanting to donate their organs after their death in the hope of saving lives.Currently, about 10,000 organ transplants are carried out each year on the Chinese mainland. It is estimated that around 1.3 million people are waiting for a transplant.However, there had been a lack of a State-level organ donor system before a trial project was launched in March 2010. Currently, organ donations have come mainly from volunteers and executedprisoners with written consent either from themselves or family members. The process has been put under strict scrutiny from the judicial department, according to the Ministry of Health."An ethically proper source of organs for China's transplants that is sustainable and healthy would benefit more patients," Huang said.He said a trial project run by the Red Cross Society and the Ministry of Health, which was started last March in 11 regions, has led to 30 free and voluntary organ donations."As the pilot gradually expands nationwide, more people will be willing to donate in China."He said willing organ donors, who die in traffic accidents or because of conditions such as a stroke will be the most suitable.Huang stressed that a compensatory aid program for organ donations will also be necessary and he suggested that donors' medical bills and burial fees should be covered and a tax deduction offered, rather than a fixed cash sum paid.Luo Gangqiang, a division director in charge of organ donation work with the Red Cross Society in Wuhan - one of the 11 trial regions - said cash compensation in some areas has prompted potential donors to shop around when deciding whether to donate."Few details concerning the system have been fixed so far," he told China Daily.Luo noted that his region is currently offering donors 10,000 yuan (,500) in compensation, which is less than the amount on offer in Shenzhen, another area participating in the pilot project.He said the money is mainly from hospitals receiving the organs.In other words, "it's finally from the recipients", he said.Many of the pilot areas are trying to set up special funds mainly to compensate donors in various forms, according to Luo."Donations from transplant hospitals, recipients, corporations and the general public are welcome."The money will also be used to support the work of coordinators, mainly nurses working in ICUs, he noted.Luo also pointed out a pressing need for brain death legislation to be brought in to help their work. Worldwide more than 90 countries take brain death as the diagnostic criterion to declare death.Given the limited understanding among the public and even some medical workers about when brain death happens and when cardiac arrest happens coupled with various social and cultural barriers to removing organs, "legislation on brain death won't come shortly", Huang said.For the official standard, "we should advise cardiac death at present as a death standard for donations", he said.But he also suggested that cardiac death and brain death could coexist and that Chinese people could be allowed to choose which one they want as the criterion for their own donations, based on individual circumstances and free will."The health ministry will promote brain death criterion at the appropriate time, when people can understand concepts such as brain death, euthanasia, and vegetative states," he said.Meanwhile, efforts are under way including organizing training, publishing technical diagnostic criteria and operational specifications on brain death among doctors to enhance their awareness.So far, China has an expert team of more than 100 people capable of handling brain death related issues, Huang noted.

MOSCOW, Nov. 24 (Xinhua) -- Representatives and financial institutions from China and Russia on Wednesday signed 13 agreements worth eight billion U.S. dollars.Chinese Vice Premier Wang Qishan and Russian Deputy Prime Minister Alexander Zhukov, the two chairmen from each side of the Joint Commission for China-Russia Regular Meetings of Heads of Government, attended the signing ceremony held at the fifth China-Russia economic and trade summit forum.Among the deals were two financial agreements worth 236 million dollars, 10 cooperative agreements on economy and technology totalling 5.3 billion dollars, and one trade agreement worth around 320 million dollars.The agreements covered a wide range of areas including commercial trade, investment, mining, manufacturing, construction and telecommunications equipment.The signing of the 13 agreements has fully demonstrated the continuous deepening and broadening economic cooperation between the enterprises of China and Russia, thanks to the efforts of the governments of the two countries.

BEIJING, Jan. 14 (Xinhuanet) --The country's GDP growth rate will slow to 8.7 percent this year from 10 percent in 2010, and a key challenge in 2011 will be to ensure that anti-inflationary measures do not "significantly" reduce growth, the World Bank said on Thursday.The bank estimates that global GDP, which expanded by 3.9 percent in 2010, will slow to 3.3 percent in 2011, before reaching 3.6 percent in 2012. Developing countries will continue to outstrip growth in developed countries, it said.Amid credit-tightening measures to combat inflation and surging property prices, China's growth is expected to ease to 8.4 percent in 2012, the bank said.Despite the slowdown, China will spearhead Asia's economic expansion. According to the bank's forecast, the overall growth rate for developing Asian economies will ease to 8 percent from last year's 9.3 percent as governments rein in credit to cool inflationary pressures."For China, a big concern is how to ensure a soft landing of the economy without significantly reducing growth when the government takes measures to curb inflation," said Hans Timmer, director of development prospects at the World Bank.The consumer price index (CPI), a main gauge of inflation, accelerated to a 28-month high of 5.1 percent in November from a year earlier and most economists predict that it will be in the region of 4 to 4.5 percent this year.In a bid to combat inflation, the central bank hiked interest rates by 25 basis points twice in the last quarter of 2010.Ardo Hansson, lead economist of the World Bank's Beijing Office, said the country needs more flexibility in its foreign exchange policy to fight inflation.China's central bank set the yuan's mid-point beyond 6.60 against the US dollar for the first time on Thursday, breaching an important barrier just days before President Hu Jintao's visit to the United States next week.The People's Bank of China set the mid-point, from which the currency can rise or fall 0.5 percent on a given day, for daily trading against the dollar at 6.5997, the first time it had broken through 6.60.The yuan has risen around 3.6 percent since June when authorities dropped a peg with the US dollar that had been set to support the economy during the global financial crisis.Some US politicians have been pressing China to allow the currency to rise at a faster pace to help narrow a trade gap.US Treasury Secretary Timothy Geithner repeated his call on Wednesday for a faster appreciation of the yuan and added that such a move could lead to an easing of restrictions on US technology exports to China, with both civilian and military use."The recent quickened pace of yuan appreciation could be considered as a gesture by the Chinese government before Hu's visit to the US," said Dong Xian'an, chief macroeconomic analyst with Industrial Securities.According to Dong, the yuan will appreciate by 5 to 6.6 percent this year, "a moderate pace".Wang Tao, chief China economist at UBS Securities, said they expected the currency to grow by 5 percent in 2011.The yuan can now be increasingly used in cross-border transactions, in a bid to reduce dependence on the US dollar after Premier Wen Jiabao said in March that he was "worried" about holdings of dollar-denominated assets.The central bank is allowing banks and enterprises in areas that carry yuan-settled trade to use yuan-denominated investment overseas directly, it said in a statement on its website on Thursday, describing the initiative as a pilot program.According to data from HSBC, the average monthly volume of yuan-settled trade surged from 0.6 billion yuan ( million) in 2009 to 68 billion yuan between June and November 2010. And one-third of China's cross-border trade may be settled in yuan by 2016, as the government pushes for the internationalization of the currency.

MADRID, Jan. 4 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang said here on Tuesday that China is likely to buy more Spanish government bonds to help the country deal with market concerns about its solvency.Li made the remarks during a meeting with Spanish Second Deputy Prime Minister and Minister of Economy and Finance Elena Salgado.Li noted that the Spanish government has taken a series of measures to fight the global financial crisis, which will help lift the country out of its severest woes and pave the way for sound economic development in the long run."We believe Spain, with its government and people working together, will surely overcome current economic and fiscal difficulties," he said.Chinese Vice Premier Li Keqiang (L) shakes hands with Spain's Second Deputy Prime Minister Elena Salgado, in Madrid, Spain, Jan. 4, 2011. Li Keqiang arrived here Tuesday at the start of a three-nation tour to Europe. Li said that China, as a long-term and responsible player in the Spanish government bonds market, has not reduced its holdings, and even increased its buying activities amid European debt concerns."We will buy more (Spanish government bonds) depending on market conditions," he said.The Chinese leader arrived in Madrid earlier in the day, kicking off a three-day official visit to Spain.Spain is the first leg of his three-nation European tour, which will also take him to Germany and Britain.