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BEIJING, June 24 (Xinhua) -- Chinese Vice President Xi Jinping's visits to Bangladesh, Laos, New Zealand and Australia had contributed to promoting friendship, mutual trust and cooperation between China and these countries, a senior Chinese official said Thursday.Xi paid official visits to the four nations between June 14 and June 24, meeting with leaders and exchanging views on a wide range of issues, witnessing the signing of a series of bilateral cooperation agreements, addressing business forums and attending cultural activities."The visits boasted great achievements. It was a successful trip of friendship and substantial cooperation," said China's Vice Foreign Minister Zhang Zhijun, who accompanied Xi for the tour.During the 11-day visits, Xi visited seven cities in four nations and attended more than 50 official activities, which were reported abundantly and positively by the media of the host countries and international community, Zhang said.CLOSER FRIENDSHIP, MUTUAL TRUSTSenior officials and the public, especially the business world, warmly welcomed Xi's visits. The leaders reached important agreement in consolidating and enhancing bilateral relations, Zhang said.It was widely believed the tour had great significance for promoting friendship and mutual trust and expanding pragmatic cooperation, he said.Zhang noted large-scale economic and trade activities held during Xi's visits aroused widespread interests in these countries.Xi pledged to establish a closer comprehensive partnership of cooperation between China and Bangladesh and to strengthen the comprehensive strategic cooperative partnership with Laos.In New Zealand, Xi urged both sides to develop the potential for economic cooperation while making full use of the China-New Zealand Free Trade Agreement (FTA), and to make trade and investment more balanced, smooth and comprehensive.In his visit to Australia, Xi said China was willing to promote bilateral political and strategic mutual trust, and dedicate to a long-term stable and comprehensive cooperative partnership.Xi also introduced China's views on climate change, the Korean peninsula situation, and regional peace, stability and cooperation."His introduction has increased all sides' understanding of China's stance on the key issues," Zhang said.COOPERATION FOR COLLABORATIVE DEVELOPMENTAn important theme of Xi's trip was strengthening wide, mutually beneficial and pragmatic cooperation. He sent a clear message to the world that China was ready to develop economic and trade ties with other countries, Zhang said."Through meetings and talks on various occasions, the vice president set the directions and priorities of cooperation, thus strengthening the willingness of the four countries to cooperate with China."Xi promised China would continue to provide Bangladesh with adequate assistance, encouraging more Chinese enterprises to invest there. He also raised specific suggestions on promoting the trade between China and Laos.When talking about Xi's speeches on economic and trade cooperation in New Zealand and Australia, Zhang said Xi's ideas gained close attention and a warm response in the two countries and the international community.While attending the opening ceremony of the China-New Zealand FTA Seminar, Xi put forward a four-point proposal to promote comprehensive cooperation in trade and investment.Speaking to a business luncheon, Xi said Australia and China should boost strategic cooperation on energy and resources, push for a free trade agreement and oppose protectionism in trade and investment.WIDER HUMANITARIAN EXCHANGESThe Chinese vice president called for more extensive cultural communications, citing the Shanghai World Expo as an ideal opportunity for strengthening mutual understanding between the peoples.Xi met those dedicated to promoting Bangladesh-China friendship and Laotians who studied in Beijing in the 1960s. In New Zealand and Australia, he attended various ceremonies at Confucius institutes and research centers cooperating with Chinese scholars.All these showed the importance the Chinese leader has attached to the humanitarian exchanges, Zhang said.After a 30,000 km tour, Xi and his delegation arrived in Beijing Thursday afternoon.
BEIJING, July 15 (Xinhua) -- China issued an orange alert on Thursday for wave surges, the second highest level warning, forecasting that Typhoon Conson may reach land Friday on the southeast coast of China' s Hainan province.The National Marine Environment Forecast Center warned of a 6-metre wave surge in the middle and the north of the South China Sea from Thursday night through Friday.Meanwhile, warnings were also issued for a possible 5-metre wave surge off the east shore of Hainan province and a 3-metre wave surge off the west shore of Guangdong province and the southern coast of Hainan.The Center also issued a yellow-level alert for a storm surge which might affect Guangdong and Hainan province.The center suggested local governments gear up for a disaster response.Conson is currently wreaking havoc in the Philippines, killing at least 26 people and injuring 14 others as of Thursday.

BEIJING, June 21 (Xinhua) -- China's announcement that it would allow more flexibility in its yuan exchange rate meant an end to the crisis-mode policy the government took to cushion the blow from the global financial crisis, experts interviewed by Xinhua said Monday.The People's Bank of China, also known as the central bank, said Saturday that it decided to proceed even further with the reform of the Renminbi exchange rate to add flexibility to the RMB exchange rate.The decision was made in view of the recent economic situation and financial market developments at home and abroad, as well as due to the balance of payments situation in China, the central bank said. However, it ruled out a one-off revaluation of the yuan as there was no basis for large changes in its value.Experts noted it was the correct time for the exchange rate policy to return to its normal state, given the consolidated economic recovery, large decline in trade surplus and more balanced international payments.Zhao Xijun, deputy dean of the School of Finance with the Renmin University of China, said the normalization of China's exchange rate policy would intensify China's economic connection to the global economy and help promote the country's economic restructuring and adjustments of its development mode.China moved to a managed floating exchange rate regime in July 2005 which was based on market supply and demand and referencing a basket of currencies. The reform of the RMB exchange rate has made continuous progress since then, producing the anticipated results and playing a positive role.The financial crisis which broke out in the United States in 2008 shook the global financial markets and dented investment confidence. To counter fallout from the economic turmoil, nations rolled out their crisis-mode measures.Zhou Xiaochuan, governor of the central bank, said in March that the exchange rate policy China took amid the crisis was part of the government's stimulus packages, and would exit "sooner or later" along with other crisis-measures.China's economy expanded at 11.9 percent year on year in the first quarter of this year and exports surged 48.5 percent in May, government data showed.Zhao said China narrowed fluctuation of the RMB exchange rate to stabilize market sentiment and stimulate economic growth amid crisis, which was in the interests of China and contributed to the country's economic recovery.During the worst of the global crisis, exchange rates of a number of sovereign currencies to the U.S. dollar depreciated by large margins while the yuan kept stable. Against these depreciating currencies, the value of the yuan has been rising."Undoubtedly, it improved the trade environment for these countries and helped them through hard times," Zhao said, noting the policy contributed significantly to the Asian and global recovery."Narrowing the fluctuation of the yuan's value was the best exchange rate policy China could take during the crisis period, which gave export businesses a stable expectation of the yuan's value and reduced costs caused by a volatile currency," said Xiang Songzuo, Deputy Director of the Center for International Monetary Research at Renmin University of China.The central bank's move also intended to increase competitiveness of export businesses and accelerate economic restructuring.Zhao said when the RMB exchange rate regime becomes more market-oriented, China's export businesses should take more responsibilities and become more self-reliant.The central bank said Sunday that the management and adjustment of the yuan exchange rate would occur gradually, which was necessary to give export businesses time to adjust their business structures and create more jobs in the service sector.Cao Honghui, senior researcher with the Institute of Finance and Banking under the Chinese Academy of Social Sciences, said the further proceeding meant China would rely more on domestic demands for economic growth, which would push forward adjustments of the global economic structure.The central parity of the Renminbi against the U.S. dollar remained at 6.8275 Monday, unchanged from the previous trading day, according to the China foreign Exchange Trading System.
BEIJING, June 21 (Xinhua) -- China's National Development and Reform Commission (NDRC), the country's top economic planner, refuted on Monday recent reports online saying China is mulling adjustments of electricity prices, claiming such reports "untrue" .The NDRC said in a statement on its website that recently there were reports online saying the NDRC was studying plans to adjust electricity prices, citing Li Jing, deputy head of the Department of Resource Conservation and Environmental Protection at NDRC. Reports said she has not given the timetable for the plan.The statement further said she never made such remarks to media and the reports were groundless.The NDRC began a rise in the price of electricity for non-residential use by 2.8 fen (0.4 cents) per kwh on average nationwide on November 20 last year, with residential electricity prices unchanged.
CHANGCHUN, Aug. 2 (Xinhua) -- Floods have left 63 people dead and 59 missing in northeast China's Jilin Province over the past two months, local authorities said Monday.More than 4 million people have been affected since the flood season began in June and some 700,000 people have been evacuated, the Jilin Provincial Civil Affairs Department said in a statement.Additionally, about 62,000 houses have collapsed and 193,000 others have been damaged, along with 1.16 million hectares of cropland having been inundated, the statement said.Direct economic losses were estimated at almost 19 billion yuan (2.8 billion U.S. dollars), it added.In the hardest-hit areas, flash floods have cut roads, isolated villages and disrupted communications and water supplies.In the industrial city of Tonghua, torrential rains have damaged water pipelines, leaving 300,000 people without tap water for two days.Residents have largely relied on bottled water over the past 48 hours as authorities ordered 25 fire trucks to deliver water for domestic purposes aside from drinking to residential communities from 5 a.m. to 8 p.m. everyday.About 1,700 tons of water had been delivered by truck, officials said.
来源:资阳报