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BEIJING, Oct. 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), dropped 43 basis points Tuesday to 6.6775 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.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 2.19 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 9.2574 Tuesday, higher from 9.3215 on Oct. 11, the previous trading day.The yuan's rate against 100 yen was 8.124 Tuesday, compared with 8.1276 on Monday.The yuan's rate against the British pound was 10.6042, compared with 10.6311 on the previous trading day.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.
DOHA, Nov. 7 (Xinhua) -- Qatar's Prime Minister said Monday that Qatar attaches great importance to its relations with China and hopes the two countries' media could enhance cooperation as part of the efforts to bring bilateral ties to a new high.Sheikh Hamad bin Jasim bin Jabir al-Thani made the remarks during a meeting with He Ping, editor-in-chief of China's official Xinhua News Agency.Sheikh Hamad said Qatar and China share mutual interests in many aspects and bilateral cooperation in such fields as politics and economy have made remarkable headway in the past years.The prime minister expressed the hope that the two countries' media could play their due role in the development of bilateral relations.For his part, He Ping said China and Qatar have enjoyed ever- deepening relations in the past years driven by efforts from the two countries leaders.He said Xinhua would join hands with Qatari media to tap new channels in cooperation to deepen the understanding and friendship between the two peoples.He is heading a delegation in Qatar for a two-day visit to the Gulf state.
ROME, Oct. 7 (Xinhua) -- Chinese Premier Wen Jiabao, who is on a four-nation tour in Europe and Asia, held talks with Italian Prime Minister Silvio Berlusconi in Rome on Thursday.The two leaders exchanged views on bilateral relations and relations between China and Europe.Wen arrived here Wednesday night after a three-day visit to Belgium. He had visited Greece and is to visit Turkey.
Beijing, Nov. 5 (Xinhua) -- Officials from 28 countries across Asia and the Pacific gathered Thursday in Beijing for a high-level meeting on cooperation on children's rights in the Asia-Pacific region.Anthony Lake, executive director of the UN Children's Fund (UNICEF), called for collaboration among Asia Pacific countries in protecting children's rights in a speech delivered at the meeting.Lake said,"We are already seeing the benefits of cooperation in areas that cut across borders, from preventing the spread of disease, to addressing the effects of climate change, to increasing child protection, to improving education."During the three-day meeting, more than 180 representatives from 28 countries in the Asia-Pacific region are expected to discuss issues on children's welfare and protection and the realization of the Millennium Development Goals (MDGs), these being eight global anti-poverty objectives due to be accomplished by 2015.The meeting, scheduled from November 4 to 6, is hosted by the All-China Women's Federation, the National Working Committee for Children and Women under the State Council, China's Ministry of Commerce, and with support from the United Nations Children's Fund (UNICEF).
BEIJING, Sept. 30 (Xinhua) -- A concert was held here Thursday evening to mark the 61st anniversary of the founding of the People's Republic of China, which falls on Friday.Li Changchun, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, attended the concert.The concert, divided into three episodes hailing China' s charm, the history of revolution, and current developments, was held in the Great Hall of the People.Other senior Chinese leaders including Liu Qi, Liu Yunshan, and Liu Yandong also attended the concert. Li Changchun (3rd R Front), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, attends a concert celebrating the National Day, which falls on Oct. 1, at the Great Hall of the People in Beijing, capital of China, Sept. 30, 2010.