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BEIJING, June 1 (Xinhua) -- China's central bank will push forward yuan settlement in cross-border trade and investment in the western Xinjiang Uygur Autonomous Region, Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said Tuesday.Zhou said it was one of PBOC's important moves amid the central government's efforts to achieve leapfrog development and lasting stability in Xinjiang. However, he did not elaborate on the plan nor give a timetable.He said the PBOC would also support the development of small and medium-sized enterprises in Xinjiang.Chinese exporters and importers in five cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- are already allowed to settle cross-border trade deals in yuan.A PBOC report said last month that the country needs to expand yuan cross-border settlement when conditions allow.
BEIJING, May 27 (Xinhua) -- Chinese and Indian presidents Thursday agreed that the two Asian countries should further develop partnership and cooperation for mutual benefits as well as regional and global peace and development.Chinese President Hu Jintao and his Indian counterpart Pratibha Devisingh Patil held talks in Beijing Thursday afternoon. Patil arrived in Beijing Wednesday for a six-day state visit to China, the first of its kind over the past decade.Hu said expanding the strategic partnership of cooperation between China and India conformed with fundamental interests of both countries and their people and was conducive to peace, stability and development of the region and the world.He said leaders of the two countries should have frequent meetings and negotiation to enhance mutual trust, for which governments, legislatures and political parties should also play a role. Chinese President Hu Jintao (L) and Indian President Pratibha Patil inspect a guard of honor during a welcoming ceremony held for Patil in Beijing, capital of China, May 27, 2010.President Patil said India-China relations were of global and strategic significance, and all political parties in India were supportive of further advancing such relations.On trade and economic cooperation, Hu urged the two countries to push forward cooperation in fields including finance, agriculture, science, technology, forest and environmental protection.The two countries should create a more flexible environment for each other's companies to make investment and undertake construction contracts, he said.Both countries must adhere to the principles of openness and mutual benefit while opposing protectionism in any form, he said.Describing trade and economic cooperation as a pillar of bilateral ties, Patil said India and China should work together to realize trade target that had been set.Hu said China and India should work more closely to address global issues such as economic downturn, climate change, energy security and food security.The two countries should maintain close communication and coordination within multilateral mechanisms such as China-Russia-India, BRIC, BASIC, and G20, in a bid to increase the voice of developing countries, Hu said.Patil said India was ready to strengthen cooperation with China to address the global issues and safeguard the interests of developing countries.Both presidents agreed that the two neighbors should step up people-to-people exchanges in the areas of culture, education, media, youth and non-government sectors.Celebrations such as "China Festival" in India and "India Festival" in China would be held this year to mark the 60th anniversary of the establishment of diplomatic relations.After the talks, the presidents witnessed the signing of a number of cooperative documents in the areas of tourism, human resources and sports.President Patil also met with top Chinese legislator Wu Bangguo and Premier Wen Jiabao Thursday.Besides Beijing, she will visit Luoyang City in central China's Henan Province and will attend the 2010 World Expo in Shanghai.

HONG KONG, May 2 (Xinhua) -- Hong Kong's leading charity donor, the Hong Kong Jockey Club, said Sunday it had donated another 16.3 million HK dollars (2.1 million U.S. dollars) for earthquake-hit area in northwestern China's Qinghai province to help disaster relief work.Together with the emergency donation of 2 million HK dollars made earlier, the Jockey Club contributed over 18.3 million HK dollars to support relief work for victims of the 7.1-magnitude earthquake, which hit the Tibetan Autonomous Prefecture of Yushu in Qinghai on April 14.In a press release, the Jockey club said it achieved a net operating surplus of 15.36 million HK dollars on April 21 at the Happy Valley race meeting. All money had been passed to the Chinese Ministry of Civil Affairs for earthquake relief work.Chairman of the Jockey club, John C C Chan, said horse racing in Hong Kong not only is a form of entertainment, but is also a charitable undertaking which serves the people of Hong Kong and has a far-reaching significance to the community."We felt that by going ahead with our race meeting on April 21 and donating the net operating surplus to help Qinghai earthquake victims, we would be able to give strong support to the relief efforts at the same time as maintaining a stable contribution to the public purse," he said.In addition, the Jockey Club launched a public fund-raising drive between April 21 and 25. This likewise attracted a huge response, raising a total of 943,284 HK dollars, according to the statement.Chan said he hoped the earthquake victims could overcome their hard times soon and be able to rebuild their homeland with blessings and support from all over the country.Following the Yushu earthquake, the HK Jockey Club made an immediate donation of 2 million HK dollars to support relief work in the stricken area, passing the donation to the Red Cross Society of China via the Liaison Office of the Central People's Government in Hong Kong.The Yushu earthquake killed at least 2,200 people and left more than 100,000 homeless.Founded in 1884, the HK Jockey Club has become one of Hong Kong 's best known organizations, providing sporting entertainment as well as being the city's major non-government community benefactor. Now it donates more than 1 billion HK dollars a year to charitable and community projects. (one U.S. dollar equals to 7.755 HK dollars)
PISA, Italy, June 5 (Xinhua) -- The Chinese Communist Party's anti-graft chief He Guoqiang arrived here Saturday to start an official goodwill visit to Italy, the first leg of his five-nation tour.He, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made a written statement at the airport upon his arrival.He said both China and Italy are countries with great ancient civilizations, and that the two peoples have enjoyed a long-term friendship.He Guoqiang (R, front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, is welcomed upon his arrival in Pisa, Italy, June 5, 2010. He Guoqiang arrived here Saturday to start an official goodwill visit to Italy, the first leg of his five-nation tour.The Sino-Italian comprehensive and strategic partnership has kept developing in recent years, with political trust and trade and economic cooperation between the two countries deepened, and cultural and humanitarian exchanges yielding remarkable results, He said.He also said that all of the advances have not only benefited the two countries and peoples, but also contributed greatly to Sino-Europe cooperation.He, also head of the Central Commission for Discipline Inspection of the CPC, said that China and Italy now enjoy new opportunities to enhance their ties. He said that he hopes during his visit that both sides would exchange views on bilateral relations and other issues of common concern, and boost mutual understanding so as to lift friendly cooperation to a new height.He will later visit Iceland, Norway, Lithuania and Turkmenistan.
BEIJING, May 7 (Xinhua) -- China initiated a level-four emergency response on Friday to cope with the chaos caused by storms sweeping its southern provinces.Heavy rain has poured down in south China since Wednesday, including provinces of Guangdong, Sichuan and Guizhou, causing floods, mountain torrents and mud flows, said the Office of State Flood Control and Drought Relief Headquarters in a statement on its website.As of Friday, the storms had affected up to 2.55 million people and 100,000 hectares of arable land, leaving 65 people dead, 14 missing. Villagers receive relief materials in Tianxin Village, Egong Town of Dingnan County in east China's Jiangxi Province, May 7, 2010. Seven people were dead and five were missing after floods and landslides wreaked havoc in Jiangxi over the past two daysThe office has ordered local authorities to closely monitor the development of the rainstorms, prevent weather-triggered disasters like floods and landslides and provide early warnings.The office has also dispatched working teams to storm-hit regions to enhance storm-relief work, it said.
来源:资阳报