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BEIJING, Nov. 26 (Xinhua) -- China has tightened settlement and sale of foreign exchange by individuals to curb non-normal cross-border capital inflow, according to a statement of the State Administration of Foreign Exchange (SAFE). Banks should deny, review or report to foreign exchange regulators, individual purchases or settlements of foreign exchange suspicious of splitting up one deal into several smaller ones to dodge limits on the size of exchange transfer by one person, which is understood to be one of the channels for hot money inflow, said the statement on Wednesday. Practices including one overseas individual or institution remitting foreign exchange to five or more individuals within China who settle them respectively, or five or more individuals buying foreign exchange and remitting them to one and the same overseas individual or institution, on a single day, every other day or consecutive days, are considered exchange splitting behavior, said the SAFE. China in 2007 set the limit of up to 50,000 U.S. dollars per year for an individual to exchange between yuan and foreign exchange.
BEIJING, Oct. 20 (Xinhua) -- Lu Zhengcao, the last one of New China's first 57 generals, was cremated here Tuesday. Lu died of illness on Oct. 13 at the age of 106. Chinese President Hu Jintao, former president Jiang Zemin, and other senior leaders including Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, He Guoqiang and Zhou Yongkang attended the cremation ceremony, which was held Tuesday morning at the hall of the Beijing Babaoshan Cemetery. In 1955, the People's Republic of China (PRC) first adopted the military ranks and 55 senior officers were granted generals. Two more joined them in 1956 and 1958 respectively. Chinese President Hu Jintao (R) consoles a relative of Lu Zhengcao, the last one of New China's first 57 generals, during Lu's funeral service in Beijing, capital of China, Oct. 20, 2009. They were considered the first group of generals in the history of New China. Among the generals, the youngest was 39 years old in 1955. They witnessed the development of the People's Liberation Army (PLA) and the founding of the PRC in 1949. Born in Haicheng of northeastern Liaoning Province, Lu joined the Communist Party of China (CPC) in 1937 and fought in China's war of resistance against Japanese invasion from 1937 to 1945 and the civil war against the Kuomintang (KMT) army from 1945 to 1949. Former Chinese President Jiang Zemin (R) shakes hands with a relative of Lu Zhengcao, the last one of New China's first 57 generals, during Lu's funeral service in Beijing, capital of China, Oct. 20, 2009Before joining the CPC, Lu worked as an assistant to KMT General Zhang Xueliang and witnessed the famous "Xi'an Incident." The incident was masterminded by Zhang and another general Yang Hucheng in 1936 to press KMT leader Chiang Kai-shek, who ruled China then, to stop the civil war with the CPC and jointly fight against Japanese invasion. After the anti-Japanese war fully broke out in 1937, Lu quitted the KMT army and led a CPC military force to fight Japanese army in north China. After 1949, Lu served as a senior military leader of the PRC

CHENGDU, Jan. 6 (Xinhua) -- A senior Chinese official here Wednesday stressed the importance of solving minor disputes through mediation rather than letting them get worse. Zhou Yongkang, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks during a visit to southwest China's Sichuan Province. Zhou Yongkang (L), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China(CPC), talks with a local woman during his visit to Yangping Village of Chengdu, capital of southwest China's Sichuan Province, Jan. 5, 2010Zhou praised the province's mediation system that was being implemented at province, city, county and village levels. He urged local governments to set up mediation services wherever they were needed. During a visit to the people's court in the Dujiangyan City, Zhou stressed that civil servants and legal professionals should work in a just manner and be morally upright. Zhou Yongkang (front R), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China(CPC), visits a local resident's home in Chengdu, capital of southwest China's Sichuan Province, Jan. 5, 2010. Zhou Yongkang made an inspection tour in Sichuan Province on Jan. 2-6He called upon political and legal departments at all levels to constantly improve their credentials, ensuring equity and justice. In addition, Zhou urged local governments to serve and manage migrant groups well and solve any outstanding security issues.
BEIJING, Dec. 1 (Xinhua) -- Chinese Premier Wen Jiabao on Monday called for more peace efforts from Israel and Palestinians toward a two-state solution. Wen made the appeal on the occasion of the International Day of Solidarity with the Palestinian People. In a congratulatory message to this year's UN activities to observe this day, Wen said the Palestinian issue is at the core of the Middle East issue. "China firmly supports the demands of Palestinian people for the restoration of their legitimate national rights and for the establishment of an independent state," said Wen. The Middle East Peace process is at a crossroads. China hopes that Israel and Palestinians could guide the peace talks toward a desired direction and work for a two-state solution in accordance with relevant UN resolutions and the "land-for-peace" principle, he said. An early resolution of the Palestinian issue in a comprehensive, just and permanent manner is not only beneficial to the Palestinian people, but also conducive to peace and stability in the whole Middle East region, said Wen. As a permanent member of the UN Security Council, said Wen, China remains committed to the Mideast peace process and is willing to play a constructive role, together with the international community, in promoting peace, stability and development in the Middle East.
BEIJING, Dec. 3 (Xinhua) -- Chinese Vice Premier Li Keqiang met here Thursday with Sadako Ogata, president of the Japan International Cooperation Agency (JICA). Li said China-Japan strategic and mutually-beneficial relationship has entered into a new stage and it is in the fundamental interests of the people to stick to China-Japan friendship and mutually-beneficial cooperation. Li said that the two countries should respect and take care of each other's major concerns, enhance pragmatic cooperation and increase mutual understanding between the two peoples in a bid to push forward bilateral ties in a long-term, healthy and stable manner. The two governments, via the JICA, Japanese government's overseas aid agency, have conducted effective cooperation since the normalization of bilateral ties, said Li, calling for more exchanges of youth and scientists between the two countries. Ogata visits China as guest of China's Ministry of Science and Technology
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