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NEW YORK, May 27 (Xinhua) -- U.S. stocks expanded gains on Friday ahead of the long Memorial Day weekend as surging commodity prices overcame disappointing economic data.European Central Bank Governing Council member George Provopoulos said that Greece might deal with its debt problem if it sticks to the aid program. That comment, which was considered as bullish by investors, drove the U.S. dollar weaker and led commodity prices surge on Friday.The stock market was driven by higher commodities prices, with thin trading volume ahead of the Memorial Day holiday, despite somewhat disappointing economic data on Friday.The Commerce Department said that both personal income and spending rose 0.4 percent in April, in line with market estimates. However, the rise in spending was the smallest in three months, suggesting the consumption situation was still weak.Meanwhile, pending home sales dropped 11.6 percent in April. The reading was a seven-month low. The market expectation was a drop of 1 percent.Moreover, the Thomson Reuters/University of Michigan Consumer Sentiment index came in above analysts' estimates. Concerns about higher gas prices and inflation had knocked the gauge down in March and April.Despite those disappointing data, analysts still held a bullish view toward the stock market. "Despite our near-term caution, we continue to see the S&P 500 reaching 1400 over the coming year," Alec Young, equity strategist of S&P Equity Research told Xinhua.According to Alex, while recent macro headwinds were raising questions about the sustainability of recent earnings momentum, he still believed that a downside trend of market was fairly limited and that the current weakness is more likely to be a correction, rather than the beginning of a new bear market."In our view, 2011 estimated EPS would have to be excessively optimistic to justify a bear market,"he added.The Dow Jones industrial average added 38.82 points, or 0.31 percent, to 12,441.58. The Standard & Poor's 500 was up 5.41 points, or 0.41 percent, to 1,331.10. The Nasdaq Composite Index rose 13.94 points, or 0.50 percent, to 2,796.86.
BEIJING, Feb. 5 (Xinhua) - Beijing has seen the arrival of 660,000 tourists during the first three days of the Spring Festival holiday, from Feb. 2 to 4, said Beijing Municipal Bureau of Tourism officials late Friday.The tourism data was collected at the city' s 22 scenic spots.On February 4, official statistics showed that 40,000 tourists swarmed into the Palace Museum, repeating the number from last year' s national holiday, while about 14,500 ski-lovers enjoyed their time at 14 ski resorts in Beijing on the same day.Not only scenic spots, tourists also gravitated to some cultural venues in Beijing.The Beijing-based National Art Museum of China holds an exhibition on "donated masterpieces over the past 50 years (since its completion in 1952)" from Jan. 27 to Feb. 26 and spectators can visit, free of charge, during the Spring Festival holiday (between Feb. 3 and 9).On February 5, visitors queued up in a 200-meter long line waiting for check-in to the museum around 10 a.m.Wang Xiumei, 86, decided to visit the museum with her daughter ten days before."My husband and I were crazy about traditional Chinese paintings decades ago, I have to see some masterpieces today, rather than hearing about them later." Wang said.Hundreds of the nation' s art works are displayed in a dozen halls in the five-storey exhibition area, including oil paintings, ink paintings, wood block prints, shadow puppets, paper cuttings, clay sculptures and embroideries."I changed my mind and got off the bus on my way to a temple fair. My children and I want to see some elegant art works, as opposed to eating and playing during Spring Festival as before," said another citizen named Lu Hongmao.Big cities like Beijing, Shanghai and Guangzhou opened their sports venues to the public during the Spring Festival holiday.

BEIJING, May 10 (Xinhuanet) -- Autism spectrum disorder may be under diagnosed and under reported worldwide and rigorous screening is needed for accurate estimates, said researchers in Monday's American Journal of Psychiatry.Researchers from the Yale Child Study Center, George Washington University and other leading institutions screened every child aged 7 to 12 in Ilsan district of the city of Goyang, a community of 488,590 in South Korea, and found more than two-thirds of ASD cases in the mainstream school population unrecognized and untreated.They estimated the prevalence of ASD in South Korea to be 2.64 percent, or approximately 1 in 38 children.The figure is more than twice the rate usually reported in the developed world. Even that rate, about 1 percent, has been climbing rapidly in recent years — from 0.6 percent in the United States in 2007, for example.“From the get-go we had the feeling that we would find a higher prevalence than other studies because we were looking at an understudied population: children in regular schools,” said the lead researcher, Dr. Young-Shin Kim, a child psychiatrist and epidemiologist at the Yale Child Study Center.By contrast, other research groups measure autism prevalence by examining and verifying records of existing cases kept by health care and special education agencies, but leaving out many children whose parents and schools have never sought a diagnosis.Kim said the researchers concluded autism prevalence estimates worldwide may increase if rigorous screening and comprehensive population studies are used to produce prevalence estimates.But it is suggested the findings did not mean that the actual numbers of children with autism were rising, simply that the study was more comprehensive than previous ones.
BEIJING, Feb. 25 (Xinhua) -- China's top legislature on Friday ended its bimonthly session, adopting a series of bills including a law on vehicle and vessel taxation, which is aimed at standardizing taxation and promoting environmental awareness and energy efficiency.The National People's Congress (NPC) Standing Committee also voted to adopt an amendment to the Criminal Law which reduces the number of crimes punishable by death by 13 to 55.Moreover, it passed the country's first law on intangible cultural heritage protection, which is expected to better preserve heritages of historic, literary, artistic or scientific value.At the session that opened on Wednesday, lawmakers validated the dismissal of Liu Zhijun from his post as the railways minister and appointed Sheng Guangzu, the former head of the General Administration of Customs, to replace Liu.The discipline watchdog of the Communist Party of China (CPC) said on Feb. 12 that Liu was under investigation for alleged "severe violation of discipline," while the CPC Central Committee's Organization Department said he had been removed from the post of the ministry's Party chief.Wu Bangguo, chairman of the NPC Standing Committee, said at the closing of the bimonthly session that the democratic rights of NPC members should be fully respected and guaranteed during the upcoming NPC plenary session.On Friday afternoon, the members of the NPC Standing Committee attended a lecture on China's water conservancy development.
ABU DHABI, Feb. 10 (Xinhua) -- China is willing to deepen friendship, broaden cooperation, and enhance coordination with the United Arab Emirates (UAE) in international and regional affairs, visiting Chinese Foreign Minister Yang Jiechi said Thursday.During a meeting with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan, Yang said China and the UAE have witnessed in recent years rapid development in their bilateral ties, with closer high-level contacts, increasingly strengthened mutual political trust, fruitful cooperation in such areas as trade and economy, and broadened cultural exchanges.China has praised the UAE's support in Xinjiang-related and human rights issues, he added.For his part, Sheikh Mohammed said the UAE-China relations are currently at an important period of in-depth development and faced with good opportunities.The UAE attaches great importance to its relations with China and hopes to cement the traditional friendship between the two countries and develop pragmatic cooperation in various fields, he added.Sheikh Mohammed said the UAE expects that China will continue to play a positive role in international and regional affairs.Earlier in the day, Yang also met with his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. Both sides reached broad consensus after exchanging views on bilateral ties and regional issues of common concern.The Chinese foreign minister arrived in the UAE capital of Abu Dhabi late Wednesday for an official visit to the Gulf nation.
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