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BEIJING, Oct. 13 (Xinhua) -- The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Wednesday as the central parity rate of the yuan was set at 6.6693 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Wednesday's central parity rate beat the previous record of 6.6732 on Oct. 11.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Wednesday's central parity, the Chinese currency has strengthened against the U.S. dollar by about 2.32 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 9.294 Wednesday, lower from 9.2574 on Oct. 12, the previous trading day.The yuan's rate against 100 yen was 8.1477 Wednesday, compared with 8.124 on Tuesday.
BEIJING, Sept. 19 (Xinhua) -- Chinese Vice Premier Zhang Dejiang said Sunday China should vigorously promote the peaceful use of nuclear energy and strengthen its self-innovation to ensure the sound, fast and safe development of China's nuclear industry.Zhang made the remarks at a nuclear work conference in Beijing. He affirmed the achievements that China's nuclear industry has accomplished and the contribution it has made to the country's national defense and social and economic development in the past 55 years.Zhang also said China should increase efforts to boost the safe and peaceful use of nuclear technologies.The country should introduce advanced nuclear technologies developed abroad and strengthen cooperation and communication with leading nuclear companies, he said.Zhang also said China should improve its self-innovation capacity and accelerate the translation of technological results into real-life productivity.
BEIJING/FUZHOU, Sept. 13 (Xinhua) -- A plane chartered by the Chinese government flew 14 Chinese fishermen illegally seized by Japanese authorities from Japan to the southeast China port city of Fuzhou Monday afternoon, after China's repeated solemn representations.The fishermen were detained after the trawler they were aboard collided with two Japanese Coast Guard patrol vessels near the Diaoyu Islands in the East China Sea last Tuesday. No injuries were reported from the collision.Dressed in t-shirts and casual pants, the fishermen disembarked the plane and hugged their family members who had gathered at Changle International Airport in the coastal province of Fujian.Li Guojin (L Front) and other Chinese fishermen step down from the plane at the airport in Fuzhou, capital of southeast China's Fujian Province, Sept. 13, 2010. A chartered plane of the Chinese government carrying 14 Chinese fishermen illegally seized by the Japanese authorities arrived in Fuzhou on Monday afternoon. The fishermen were illegally detained after a trawler they were aboard collided with two Japanese Coast Guard patrol vessels near the Diaoyu Islands last Tuesday."Our safe return is due to the work of Chinese society, including the Party, the government and compatriots from all walks of life," said Wang Guohua, one of the crew members.He said the Diaoyu Islands are Chinese territory and their detention by the Japanese authorities was illegal."For generations, we have fished in those waters and so how could they seize us?" he said.The trawler, which was "illegally detained by the Japanese side," also set off for home Monday morning, the Chinese Foreign Ministry said in a statement, adding that the Chinese government has dispatched a fisheries administration ship to the relevant waters to assist it.
BEIJING, Sept. 21 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), jumped 113 basis points, or 0.17 percent, Tuesday to a new record high at 6.6997 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Tuesday's yuan central parity against U.S. dollar beat the previous record of 6.7110 per U.S. dollar on Monday and extended the Chinese currency's gains to eight consecutive trading days.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Tuesday's central parity, the Chinese currency has strengthened against the U.S. dollar by 1.87 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.According to Tuesday's central parity rates, the yuan's value strengthened against all the currencies within its basket with lower rates.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 8.7522 Tuesday, lower from 8.7595 Monday.The yuan's rate against 100 yen was 7.8204 Tuesday, compared with 7.8275 Monday.The Chinese currency soared 814 basis points against the British pound with the central parity rate being set at 10.42 from Monday's 10.5014.The central parity of 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 in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.
BEIJING, Oct. 19 (Xinhua) -- Chinese State Councilor Ma Kai said Tuesday that China was willing to enhance energy dialogue and cooperation with other nations.China attaches great importance to energy-saving and environmental protection while striving to achieve a comprehensive, coordinated and sustainable development of energy, Ma said during a meeting with some participants of the 2010 China International Energy Forum in Beijing.The participants included Pierre Gadonneix, chairman of the World Energy Council, and Randall Gossen, president of the World Petroleum Council.Ma said China's energy consumption mainly depended on domestic supply. Meanwhile the country was an active participant in international energy cooperation.Gadonneix said the forum would pay more attention to the issue of energy development and environmental protection, enhance diversity and inclusiveness of the event, and contribute to the world's sustainable development.