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BEIJING, Jan. 18 (Xinhua) -- Major foreign media have been positive in their coverage of Chinese President Hu Jintao's recent interview with two U.S. newspapers.On the eve of his state visit to the United States, Hu answered questions concerning major domestic and international issues in a written interview with reporters from Wall Street Journal and Washington Post on Monday.Japanese newspaper Tokyo Shimbun said President Hu stressed the need to reform the U.S. dollar-based international financial system and expressed disagreement with the U.S. criticism of the slow appreciation of the Chinese yuan. He also hoped the parties to the Six-Party talks on denuclearization of the Korean Peninsula would work actively to resume dialogue.Japanese newspaper Mainichi Shimbun said Hu called on the international community to further advance international financial system reform.Chinese President Hu Jintao (2nd L) arrives at Washington, the United States, on Jan. 18, 2011. Hu Jintao landed here Tuesday for a four-day state visit.Hu said the financial crisis sparked by the collapse of Lehman Brothers Holdings Inc. in 2008 was rooted in serious defects in the existing financial system and the monetary policy of the United States had a major impact on global liquidity and capital flows. "Therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level," Hu said.Hu said "the current international currency system is the product of the past," but he did not dispute the U.S. dollar's role as the global reserve currency. He said it "will be a fairly long process" before the yuan could become an international reserve currency.German newspaper Frankfurter Allgemeine Zeitung said the Chinese president agreed that China and the United States should be partners for cooperation in broader areas and abandon the zero-sum Cold War mentality. Hu wrote in the interview that both countries should respect each other's sovereignty and territorial integrity. He also expressed concerns over U.S. monetary policy.German newspaper Suddeutsche Zeitung said, before his visit, Hu expressed his confidence while saying the current international currency system was "the product of the past." Though it will take a long time for the yuan to compete with the U.S. dollar as the global dominant currency, Hu had no doubt about the development trend.German newspaper Handelsblatt also referred to Hu's quote that the current international currency system was "the product of the past," but noted he made no compromise on the continuing debate over the right exchange rate. Beijing "cannot accept" U.S. demands of yuan appreciation, it quoted him as saying.The British Financial Times said on its website that Hu had talked about the role of the yuan in the written interview with U.S. media, and underlined China's concern about the impact on its own economy of U.S. monetary policy.The article said Hu rarely gave newspaper interviews to the U.S. media, which illustrated the importance China attached to the U.S. trip. In spite of what he acknowledged as a "sensitive" issue of disagreement between the United States and China, he generally struck a positive note on bilateral ties, saying the two sides could work productively together.The article said Hu's comments on the U.S.-led monetary system as a "product of the past" was confirmation that China would continue to take measures to internationalize the yuan. Meanwhile, he also said that "making the yuan an international currency will be a fairly long process." On the recent stimulus measures taken by the U.S. Federal Reserve, Hu said the liquidity of the U.S. dollar should be kept at a reasonable and stable level.French newspaper La Tribune said Hu answered seven questions raised by two U.S. newspapers, saying that the U.S.-led monetary system was a "product of the past," and criticizing the Fed's quantitative easing monetary policy.The report said that Hu insisted the two countries should build close and constructive relationship, referring to new energy, clean energy, infrastructure and aerospace. He also said both countries should abandon the zero-sum Cold War mentality and respect each other's choice of development path.U.S. newspaper Washington Post said that Hu promised China would continue to develop "socialist democracy." His remarks on this issue seemed to suggest that Chinese leaders understood the increasingly rich population had growing demands for diversity. He said the fact that China had enjoyed sustained, rapid economic growth and social stability and harmony in the past 30 years proved the validity of China's political system.Hu said China had "made relentless efforts" to help ease the tension in the Korean peninsula, and thanks to joint efforts by China and other parties, "there have been signs of relaxation."Singaporean newspaper Lianhe Zaobao said on its website that Hu admitted there were some differences and sensitive issues between China and the United States, but his attitude was gentle. Hu made a relatively optimistic assessment of China-U.S. relations, saying that both countries should abandon the zero-sum Cold War mentality and respect each other's choice of development path.The AFP said that replying to questions from The Wall Street Journal and the Washington Post, Hu came out fighting on the currency issue that was so vital to the world economy, as well as to a Chinese leadership that felt it must sustain strong growth to survive.Highlighting the dollar's importance to global trade, Hu implicitly criticized the Federal Reserve's recent decision to pump 600 billion dollars into the U.S. economy.The AFP said that, on the eve of his visit, the tenor of Hu's message was overwhelmingly conciliatory and positive.Reuters said Hu hoped China and United States could abandon the zero-sum Cold War mentality and he also put forward new cooperation proposals.Eswar Prasad, a Brookings Institution economist and former International Monetary Fund chief of financial studies, said, "Hu makes it clear that China intends to move forward on opening its markets, freeing up its exchange rate and restructuring its political system, but at its own pace and with little heed to external pressures for more rapid or broader reforms."

BEIJING, Dec. 31 (Xinhua) -- China is poised to further improve its people's livelihoods and promote social equity in 2011, the inaugural year of implementing its development blueprint for the 12th Five-Year-Plan period.Only with deep respect and extensive care for people's wills and interests can a ruling party have inexhaustible support from the people and the country, under the leadership of such a party, can accomplish remarkable achievements in development.China, under the leadership of the Communist Party of China (CPC), is prepared to further deepen reforms in education, health care, housing, public cultural services and enhance investment in people's livelihoods in the new year.Also, more attention of the authorities will be given to protecting the legal rights of China's vulnerable groups and ordinary workers, as well as fulfilling the general public's expectations for a better life.Thanks to the strong leadership of the CPC, China has succeeded in keeping a strong pace in social and economic development over the past year, which marks the perfect conclusion of its well-implemented plan for the last five years (2006-2010).In 2010, China had a relatively rapid economic development. It picked up steps towards economic restructuring and achieved a seventh consecutive year of growth for China's grain output, as well as bettering people's livelihoods, deepening reforms and opening up.China successfully stood the test of natural disasters, including widespread droughts in the southwest region, a 7.1-magnitude earthquake and a huge landslide in northwest Qinghai and Gansu provinces.The government's quick and efficient responses to these emergencies have, for another time, demonstrated the superiority of China's socialism and the great achievements in China's reform and opening up.The country also held the Shanghai World Expo which, attracting 246 participating countries and international organizations and a record number of 73 million visitors, has been hailed as the largest ever such event.Further, the 16th Asian Games held in the southern China city of Guangzhou drew some ten thousand athletes from 45 countries and regions in Asia to compete.The two events provided a splendid picture of how Chinese culture and the world's other cultures co-exist in harmony and displayed a broad-minded and open image of China.All those experiences and achievements China earned in 2010 has set a strong foundation for China to further its reforms and development in the forthcoming five years.A critical period for China to build a well-off society in an all-around way, the coming five to ten years will be a more difficult phase of China's reforms, which will be marked by the interweaving of short-term and long-term problems, structural and systematic problems, as well as domestic and international challenges.That means China will be faced with a more urgent and challenging task in transforming its economic growth mode, improving people's livelihoods and safeguarding social stability.But, basically, China is still within a period of strategic opportunities for its development. China should grasp opportunities for development while tackling challenges.In 2011, China is set to speed up its economic restructuring, with more attention directed to stabilizing its overall price level.China will step up its move towards a coherent and sustainable economic development, maintaining a balance between the speed of development on the one hand, and the economic structure and the quality and efficiency of economic growth, on the other.It is convinced that China, with a strong CPC leadership, will make greater achievements in development in a scientific way and well resolve social and economic conflicts and disputes in 2011, thus advancing the socialism with Chinese characteristics into a brighter future.

BEIJING, Jan. 14 (Xinhua) -- Chinese Vice President Xi Jinping on Friday attended a graduation ceremony held by the Party School of the Communist Party of China (CPC) Central Committee.Xi, also president of the CPC's top Party school, awarded graduation certificates to the 682 officials who had finished the school's autumn semester and about 3,000 officials who completed studies at the school's four branches.Vice president of the school, Li Jingtian, called on the graduates to continue studying, implement the principles and policies at the 5th plenary session of the 17th CPC Central Committee and Central Economic Work Conference, as well as the concept of putting people first in the party's daily work.

BEIJING, Dec. 3 (Xinhua) -- During the 11th Five-Year Plan period (2006-2010), China spent 3.26 trillion yuan on social security, an annual increase of 17.6 percent, the Ministry of Finance (MOF) told Xinhua Friday.Wang Jun, vice minister of the MOF, said in the 2006-2010 period, the social security expenditure from the central government stood at 1.4 trillion yuan (210.19 billion U.S. dollars), which was 2.1 times the expenditure in the previous five years.As the improvement of civil welfare is a crucial component of the harmonious society China is pursuing, financial authorities at all levels should continue to raise investments in social security when making the 2011 fiscal budget and plans for the 12th Five-Year Plan starting from 2011, Wang said.

THE HAGUE, Nov. 29 (Xinhua) -- As the 2012 deadline for the complete destruction of chemical weapons approaches, China Monday called for parties to demonstrate their political will and speed up the destruction process.During the 15th session of the Conference of the States Parties of OPCW, Ambassador Zhang Jun, Permanent Representative of China to the Organization for the Prohibition of Chemical Weapons (OPCW) said the Chemical Weapons Convention has been playing "an important role" in removing the threat of chemical weapons.Zhang said: "The timely completion of destruction activities constitutes a core obligation under the Convention. The destruction of chemical weapons is the most important, pressing and overriding task for the OPCW at present and in the years to come."