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BEIJING, Dec. 18 (Xinhua) -- China's official Xinhua News Agency on Saturday formally launched its financial information exchange, an information sharing platform in the financial and cultural sectors to promote development of the nation's capital market.Approved by the People's Bank of China, or the central bank, it is the world's first financial information exchange.It is funded by and registered with the China Finance Corporation (CFC), owned by Xinhua.Located in the Lize business district in the southwest of downtown Beijing, the exchange has the world's largest LCD panel groups at 7,593 inches, which show real-time information in the finance and cultural industries.Member users can also get the latest information on technology transfers and business consultations.The exchange would improve Xinhua's presence and influence in the global financial information sector and enhance China's soft power in the international capital markets, said Xinhua president Li Congjun at the inauguration ceremony."It aims to be a fair, just, professional and highly efficient intermediary service platform in the financial information and cultural sectors to promote information sharing among the cultural sector, industries and the capital markets," he said."The ultimate goal is to become the world's most influential financial information and cultural industry service center."

SEOUL, Nov. 12 (Xinhua) -- Chinese President Hu Jintao and leaders of other Group of 20 (G20) members gathered here Friday to address the challenges to the ongoing global economic recovery and work out strategies to achieve strong, sustainable and balanced global growth.President Hu, who participated in the G20 summits in Washington in 2008, in London and Pittsburgh in 2009, and in Toronto last June, is expected to expound China's stand on the major issues to be discussed at the fifth meeting in the South Korean capital, according to Chinese officials.At the Seoul summit, the leaders will discuss the world economic situation, the "Framework for Strong, Sustainable and Balanced global growth," the reform of global financial institutions, the strengthening of financial regulations, a global financial safety net and development issues.Chinese President Hu Jintao attends the inauguration of the Group of 20 (G20) Summit in Seoul, capital of South Korea, Nov. 12, 2010."The G20 summit to be held in Seoul, South Korea, is the first one of its kind to be held in an emerging economy and in Asia, hence it is of great significance to the development of the G20 mechanism," President Hu said in a written interview with South Korean media last Tuesday.Hu said the Seoul summit should focus on the following issues:-- To continue to strengthen coordination of macro-economic policies using an "in-the-same-boat" spirit and mutually beneficial and win-win principles, and to send to the market positive signals that G20 members were unified in tackling the great challenges of the world economy so market confidence could rally and the momentum of the world economic recovery would be secured.-- To push forward the reforms of the international financial system, to strengthen supervision of the international financial market, and to increase the say and the representation of emerging and developing countries in international financial institutions.-- To push forward a solution to the unbalanced development between developed and developing countries and to provide political support to the realization of UN Millennium Development Goals.-- To oppose trade protectionism and to push forward the Doha Round of World Trade Organization talks to achieve comprehensive and balanced results and its development goals.The previous four G20 summits formulated measures to deal with the international financial crisis. The summits have played an important role in returning the world economy to growth, stabilizing international financial markets and ensuring the confidence of the public and business.When they met last June in Toronto, the G20 leaders agreed on the importance of safeguarding and strengthening the recovery while laying the foundation for strong, sustainable and balanced growth, and strengthening the financial systems.At the Seoul Summit, according to the host South Korea, the G20 will build on past agreements, while introducing new agenda items that support the same fundamental goals.The G20 was established in 1999 to bring together strategically important industrialized and developing economies to discuss key issues in the global economy.It includes Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United States, and the European Union (EU).Together, G20 members represent around 90 percent of global gross national product, 80 percent of world trade (including EU intra-trade) and two-thirds of the world's population.

THE HAGUE, Nov. 29 (Xinhua) -- "China fully abide by the chemical weapons conventions and is the important state partner," the new Director General of Organization for the Prohibition of Chemical Weapons (OPCW) Ahmet Uzumcu said here on Monday.At the opening ceremony of the photo exhibition about"chemical weapons abandoned by Japan in China"during the 15th session of the Conference of OPCW, Uzumcu told Xinhua, "We are fully aware of the safety risks that these weapons posed to the Chinese people, who are living in the immediate neighborhood of the weapons. Thus we wish the early destruction of the weapons.""As the director general, I am particularly pleased to see the breakthrough of the process and to see the destruction has started on 12th October," Uzumcu said.Uzumcu just finished a visit to China."I was impressed by China's developments in chemical industries." He commended China' s excellent performance of implementing the chemical weapon Convention and the outstanding results followed by.The exhibition with dozens of photos, which is a comprehensive and systematic presentation of the history and the current status of this issue, attracted many visitors."It's very informative and things exhibited here are relatively new to the organization. I have heard a lot about this issue. But this exhibition has made things more come to life. It illustrated the challenges a lot more concretely,"a US representative said."It's a very large number of chemical weapons considered to be abandoned in China. I hope all of them are located, identified, and subsequently they are put in storage, and therefore they be destructed,"a representative from Pakistan said.

CHANGSHA, Dec. 26 (Xinhua) -- People across China marked the 117th anniversary of the birth of late leader Mao Zedong on Sunday with various activities in his hometown in central Hunan Province as well as in other parts of the nation.In Mao's birthplace, Shaoshan village, villagers and visitors arrived in the early morning to observe a local tradition in celebration of Mao's birthday -- eating a bowl of noodles."Today is Chairman Mao's 117th anniversary and many tourists came from afar on this special day just to have a bowl of 'long-life noodles' to show their respect towards the chairman," said village official Mao Yushi.Noodles are a traditional Chinese food to celebrate birthdays, as people believe long noodles stand for longevity.The villagers and tourists then came to Mao Zedong Square where they paid tribute to the "Great Helmsman" by leaving behind bouquets at Mao's bronze statue and singing the famous tune "The East is Red", a song in tribute of Mao.Meanwhile, nearly 10,000 citizens in Shaoshan - known as one of China's "red tourism" sites - marked the date with a 5,000-meter foot race that started from Mao's former residence and ended at the square in front of the Shaoshan Railway Station.Shaoshan, now designated a landmark in China's modern history, receives millions of people from home and overseas every year.On the same day, memorial activities were held in other cities around the nation.In Changsha, the capital city of Hunan Province, tourists and citizens braved the early morning chill to travel to Juzizhou island in the middle of the Xiangjiang River to pay tribute to the late chairman.Mao's poems were recited and songs and dances in tribute of Mao were performed on the island, where a 32-meter-high Mao statue was erected one year ago.In Beijing, by mid-day more than 10,000 people had visited Mao's Mausoleum on Tian'anmen Square, including Mao's grandson Mao Xinyu, who presented a basket of flowers along with his family.Similar activities were also held in provinces of Hebei, Gansu, Shanxi, Shandong and Henan to commemorate the founder of the New China, who was born on Dec. 26, 1893 and died on Sept. 9, 1976.For those who were unable to come to Shaoshan or Beijing, they found alternative ways to express their respect of Mao.Nearly 1,000 Internet users left messages and presented "cyber flowers" at the online memorial page of ssxw.net, a portal website of Shaoshan."You will always live in the heart of the people and we shall cherish the memory of you forever," one message reads.

SEOUL, Nov. 12 (Xinhua) -- Chinese President Hu Jintao called for concerted efforts to realize strong, sustainable and balanced growth of the world economy at the Group of 20 (G-20) summit here on Friday.Delivering a speech entitled "Build on Achievements and Promote Development" at the summit, he presented a four-point proposal for the major economies to jointly promote global economic recovery and growth.FOUR-POINT PROPOSAL FOR GLOBAL ECONOMIC GROWTHChinese President Hu Jintao attends the inauguration of the Group of 20 (G20) Summit in Seoul, capital of South Korea, Nov. 12, 2010.Hu said the world economy was slowly recovering thanks to the concerted efforts of the G-20 and the entire international community, but total demand remained insufficient in the absence of new sources of growth"Countries differ in policy objectives, making macroeconomic policy coordination even more difficult and global recovery even more fragile and uneven," he said.The Chinese leader had been promoting cooperation and coordination since he arrived in Seoul for the summit on Thursday morning."We must adopt an attitude responsible to history and the future, bear in mind the common interests of mankind, build on what we have already achieved and continue to work in concert for strong, sustainable and balanced growth of the world economy," Hu said.The first point of Hu's proposal at the summit was that the world community should improve the framework for strong, sustainable and balanced growth and promote cooperative development."Strong, sustainable and balanced economic growth is of great significance to the whole world," he said."We should stick to the country-led principle, take into full account the different national circumstances and development stages of various members, and appreciate and respect each country's independent choice of development path and policies," he added.The second point was that the world community should champion open trade and promote coordinated development."We must be firmly committed to free trade, to the consensus reached at previous G-20 summits, and to the effort of opposing all forms of protectionism and removing existing trade protectionist measures," he said.The Chinese president also called on the world community to reform the financial system and promote stable development."We should continue to push for fair and merit-based selection of the management of international financial institutions, and enable more people from developing countries to take up mid-level and senior management positions," he said.The last point of Hu's proposal was that the world community should narrow the development gap and promote balanced development.@ "We must endeavor to build a new and more equal and balanced global partnership and encourage developed and developing countries to have more mutual understanding and closer coordination rather than follow the old path of trading accusations and public confrontation," he said.

来源：资阳报