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BEIJING, July 2 (Xinhua) -- The central parity of the Renminbi (RMB), or China's currency yuan, strengthened to 6.7720 per U.S. dollar on Friday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.
BEIJING, July 27 (Xinhua) -- China's largest gold producer said on Tuesday its operating profits rose by three fold to 1.55 billion yuan (228.09 million U.S. dollars) in the first six months this year.China National Gold Group Corp. said in a statement that its first-half revenue grew by 98 percent from a year earlier to 27.67 billion yuan and expected its full-year revenue to reach 50 billion yuan.At the end of June, the gold producer had 1,250 tonnes of gold reserves, eight million tonnes of copper reserves and 1.6 million tonnes of molybdenum, according to the statement.In the first half of 2010, the company added a total of 24.7 tonnes of gold, 683,000 tonnes of copper and 445,000 tonnes of molybdenum to its reserves, said the statement.The company had improved its development strategies through conducting merge and acquisitions, integrating regional resources and exploring overseas, said Sun Zhaoxue, general manager of the gold producer.
PARIS, July 7 (Xinhua) -- Top Chinese legislator Wu Bangguo and French Prime Minister Francois Fillon agreed on Wednesday that China and France should further consolidate bilateral ties and expand economic cooperation.During a meeting held at Fillon's office, Fillon said Wu's visit will strengthen the traditional friendship between Paris and Beijing and promote the Sino-French comprehensive strategic partnership to a new stage.Wu, who is conducting an eight-day official goodwill visit to France, said China and France share common interests in many areas. It is in the interest of both people to further develop the bilateral cooperation.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, meets with French Prime Minister Francois Fillon in Paris, July 7, 2010.The Chinese and French economies are highly complementary and have great potential for more bilateral cooperation, said Wu, Chairman of the Standing Committee of China's National People's Congress (NPC).China is willing to build a long-term and sustainable economic partnership with France, he added.Fillon said the French government encourages French enterprises to expand cooperation with China in environmental-protection, agriculture and finance sector. France and China have common interests in accelerating the recovery of world economy and coping with global issues. France gives high priority to the development of Sino-French ties.The two sides also achieved consensus on working together to boost exchange and cooperation between China and the European Union.
BEIJING, June 27 (Xinhua) -- Chinese Vice President Xi Jinping said Sunday that China encouraged women employed in science and technology to contribute more to the country's modernization, social progress and the rejuvenation of the Chinese people.Xi made the remarks in his address at the opening ceremony of the 4th General Assembly and International Conference of the Third World Organization for Women in Science (TWOWS), which opened in Beijing on Sunday.Established in 1989, the TWOWS is the first international forum bringing together women scientists from the South with the objective of strengthening their role in the development process and promoting their representation in scientific and technological leadership.In implementing the programs for mid- and long-term scientific and technological development, as well as human resource development, China would work to build a large, high-quality force of women working in science and technology, Xi said.As the world's largest developing country, China maintains to its basic state policy of promoting gender equality and attaches importance to creating more opportunities for the fostering and career development of Chinese women in science, he said,"Two-fifths of China's 35 million scientific and technologic personnel,and one-third of those personnel in senior professional ranks, are women," Xi noted.
BEIJING, Aug. 19 (Xinhua) -- Chinese State Councilor Liu Yandong said on Thursday China would strive to set up a scientific and effective system for the protection of the country's intangible cultural heritage (ICH).Governments at all levels must take the initiative in safeguarding ICH and, incorporate it into the work agenda and assessment system of officials, said Liu at a ceremony awarding certifications for China's UNESCO ICHs in Beijing.She called for enacting related laws and regulations, as well as resolute measures to prevent the ravaging and destruction of ICHs by over-exploitation for economic purposes, such as tourism.She also called for more funding and international cooperation in safeguarding ICHs.China is a country with a rich cultural heritage. So far, a total of 29 cultural heritage categories have been included in the UNESCO ICH list.