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AMMAN, Dec. 25 (Xinhua) -- Jordan and China on Saturday signed an economic and technical cooperation agreement under which China provides the Arab kingdom with 4.5 million U.S. dollars to implement development projects.The agreement was signed by Jordan's Minister of Planning and International Cooperation Jafar Hassan and China's Deputy Minister of Commerce Chen Jian, who was in Jordan for an official visit.Hassan commended the bilateral distinguished tie, voicing thanking and appreciation for the grant from the Chinese government, according to a statement issued by the ministry.The minister stressed Jordan' keenness to develop ties with China, adding that the bilateral ties witness distinguished development in all political, economic and cultural fields.The minister added that the signing of the agreement represents the two countries' keenness to foster bilateral ties in different fields, especially in light of current regional and international circumstances.The Chinese official expressed China's commitment to continue to provide technical and financial support to Jordan in different fields.According to the ministry, China's support to Jordan in loans and grants from 2009 to2010 stood at 119.5 million U.S. dollars.

CHENGDU, Nov. 21 (Xinhua) -- Twenty-eight miners were trapped in a colliery flood in southwest China's Sichuan Province on Sunday, the local safety watchdog said.The accident happened at 11 a.m. in Weiyuan County of Neijiang City.Altogether 41 miners were working underground when a pit of Batian Coal Mine was flooded. Thirteen of them escaped, said Lin Shucheng, chief of the provincial work safety bureau.He said rescuers had begun pumping flood water from the pit early in the afternoon. "We have sent four trucks of pumping equipment from Chengdu to help the rescue work."Graphic shows twenty-eight miners were trapped in a colliery flood in southwest China's Sichuan Province on Nov. 21, 2010.He said medical workers were standing by to provide first-aid.Lin said the Batian Coal Mine had undergone a renovation to increase its annual output to 60,000 tonnes from the designed 50,000 tonnes. "But all its operation was legal. Its business license and production permits are valid."A similar flooding trapped three workers who were prospecting for an iron mine in the southern Guangxi Zhuang Autonomous Region Saturday night. Rescue work continued Sunday.

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.

BEIJING, Jan. 11 (Xinhua) -- A Chinese military official said Tuesday that China's military hardware development is not aimed at any other country.Guan Youfei, deputy director of Foreign Affairs Office of the Defense Ministry, made the remarks while responding to a question on the reported test flight of J-20 stealth fighter jet."The development of China's military hardware is not aimed at any other country or any specific target and the timing was a matter of routine working arrangements," said Guan.Weaponry was developed to safeguard China's national sovereignty, security and territorial integrity, and to adapt to the world's military changes, as well as the constant development of new weapons, he said.Guan denied the test flight was timed deliberately to coincide with U.S. Defense Secretary Robert Gates' China visit.China would always take the path of peaceful development, and adhere to the national defense policy, which was defensive in nature, he said.China would not seek hegemony, military expansion, an arms race, nor pose a threat to any country, Guan said.

BEIJING, Jan. 13 (Xinhua) -- The Chinese yuan strengthened to a record high against the U.S. dollar on Thursday to reach 6.5997 per dollar.The central parity rate of the Chinese currency, also known as the renminbi (RMB), was set 131 basis points lower than Wednesday's 6.6128, according to the China Foreign Exchange Trading System.China's central bank announced on June 2010 it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the 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 each business day.