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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.
lNEW YORK, Sept. 18 (Xinhua) -- Since global leaders established the Millennium Development Goals (MDGs) in 2000, China has achieved remarkable progress in achieving the grand targets.As the world's largest developing nation, China has pursued the way of peace and development, adopted policies of gender equality, resource conservation and environmental protection, and taken action to advance the implementation of the MDGs.The MDGs were established in 2000 at the Millennium Summit in New York.World leaders pledged there to do their utmost to attain the goals by 2015, including slashing poverty, fighting disease, halting environmental degradation and boosting health.According to UN reports, global progress on poverty reduction was largely due to the reduction of hunger in China.Since 1990, poverty, especially absolute poverty in rural areas, has been greatly reduced, according to the UN Development Program (UNDP).China has now achieved the target of halving the number of poor people from the 1990 figure of 85 million, and thus has realized the target of halving the proportion of people living in extreme poverty.An MDGs report issued in June noted that the sharpest reductions in poverty continued to be recorded in East Asia. Poverty rates in China were expected to fall to around 5 percent by 2015.Some of the MDGs, including those on primary education, have already been achieved in China 13 years in advance. The mortality rate of children under five dropped from 61 per 1,000 births in 1991 to 25 in 2004. The maternal mortality ratio decreased from 89 per 100,000 live births in 1990 to 51.3 in 2003.
BEIJING, Oct. 16 (Xinhua) -- China expressed its deep concern over Japanese right-wing demonstration at the Chinese Embassy in Tokyo on Saturday, said Chinese Foreign Ministry spokesman Ma Zhaoxu.Ma made the remarks when asked to comment on the demonstration by hundreds of Japanese right-wing organization members at the Chinese Embassy in Tokyo Saturday afternoon."China urges Japan to earnestly fulfill the related obligations laid out in the Vienna Convention on Diplomatic Relations and take effective measures to ensure the security of China's embassy, consulates, institutions and personnel in Japan," Ma said in a press statement.China-Japan relations have been strained since a collision occurred between two Japanese Coast Guard patrol ships and a Chinese trawler on Sept. 7 in the East China Sea off the Diaoyu Islands, over which China claims sovereignty.In Tokyo, the right-wing groups had planned to mobilize 3,000 people to gather in front of the Chinese Ambassy to "clarify Japanese's attitude on the issue," according to a report on ifeng.com.
PYONGYANG, Oct. 24 (Xinhua) -- The government of the Democratic People's Republic of Korea (DPRK) held a grand banquet here on Sunday to mark the 60th anniversary of the entry of the Chinese People's Volunteers (CPV) into the Korean front.Premier Choe Yong Rim of the DPRK's cabinet and Vice Chairman Guo Boxiong of China's Central Military Commission joined CPV veterans and hundreds of others on the occasion on the eve of the Monday anniversary.The CPV fought alongside Korean army and people during the war, helped the DPRK win liberation, and defended regional and global peace, said Yang Hyong Sop, vice-president of the Presidium of the DPRK Supreme People's Assembly.He conveyed, on behalf of his country, warm greetings to CPV veterans as well as the Chinese army and people, adding that the DPRK is committed to enhancing its traditional friendship with China and passing it from generation to generation.In his address, Chinese ambassador Liu Hongcai recalled the profound friendship forged on the battlefields between the two peoples and two armies, saying their heroic feats contributed to upholding justice and opposing power politics, and their victory belongs to all peace-loving people across the world.China will always remember all those who had given their lives for peace and make concerted efforts with the DPRK to promote regional and global peace and development, he added.Before the banquet, Chinese delegates watched an adapted Chinese opera masterpiece performed by DPRK artists.
MUSCAT, Nov. 7 (Xinhua) -- China's top political adviser Jia Qinglin met Sunday with Oman's Sultan Qaboos bin Saeed in Nizwa city, 140 km from the capital Muscat, during an official good-will visit to promote the bilateral relations.Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, hailed the traditional friendship between the two countries and raised proposals to deepen the cooperation.The Chinese people would never forget Oman's assistance for the reconstruction after an 8.0-magnitude earthquake struck southwest China's Sichuan Province in 2008. An Oman Village, to be completed soon in Sichuan's Guangyuan city, will be a new symbol of the Sino-Omani friendship, Jia said.Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Omani Sultan Qabus bin Said al-Said in Nizwah, Oman, Nov. 7, 2010.The successful Beijing Olympic torch relay in the Sultanate and the splendid presentation of the Oman Pavilion during the Shanghai Expo have strengthened the cooperation between peoples of the two countries, he said.Jia noted that Oman has become China's important partner in trade and energy cooperation in the Gulf area."I'm satisfied with the current situation of cooperation and confident about the future," he said.The Chinese and Omani people have forged brotherly friendship. Leaders of the two countries pay great significance to promoting the bilateral relations. The potential for the cooperation is huge as the two economies are complementary, Jia said.