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BEIJING, April 30 (Xinhua) -- Overseas Chinese hailed the opening ceremony of the 2010 Shanghai World Expo Friday, saying it was a "perfect example of integration of Chinese characteristics and world diversity.""As an overseas Chinese, I feel so proud to see such a great event being hosted by China, and I feel the same excitement as was in Beijing Olympic games," said He Xiaohui, a Chinese community leader in Washington.She said the performance stage used blue as its main color, a color that represents peace and harmony, which echoes the theme of the expo."The Shanghai Expo could be a good opportunity. On the one hand, it will make the world better understand the world. Meanwhile, and more importantly, it will make the world better understand China."In Germany, Fu Chunping, chairman of the federation of Chinese associations, said he was deeply impressed by (Jean-Pierre Lafan, president of Internatinal Exposition Bureau)'s long sentences of Chinese in his address, which "showed the world's recognition of the Chinese culture."Fu said Chinese people in Germany were proud of the homeland and wished the Shanghai Expo a full success.In Italy, ethnic Chinese got together and watched the televised opening ceremony, describing it as a showcase of China's development.Though a work day, many local Chinese gathered in the Wenzhou Bar in downtown Rome to watch the live broadcast from China's CCTV channel 4.As an organizer of local Chinese, Xiaomin Chen told Xinhua that many Chinese came to the bar earlier for the celebation. "Some even cancelled their appointments and other social activities to watch the opening ceremony, because it is the most important thing for them today, they won't miss the chance.""Now they watch TV, some of them have already arranged their trip to China to visit the World Expo in Shanghai. They usually leave for Shanghai in August because many Italians will go abroad for vacation," he said.Zhengxi Chen, another organizer, told Xinhua the Shanghai Expo was an opportunity both for China and the world, especially at a time when the world was suffering from the impact of the financial crisis.For local Chinese in Italy, the World Expo in Shanghai was also a historical chance to learn new knowlege and creative ideas, he said.In South Korea, Chinese students there used their cellphones, MSN and emails to share the excitement of the opening ceremony.Zhang Leisheng, a student at Yonsei University, said he was very exicted after watching the gala live through the Internet with his Chinese compatriots."The spectacular ceremony made me feel very proud to be a Chinese," he said.Over 100 years ago, when China took part in London's World Expo, it was just playing a supporting role and now it had become a host of World Expo, said Pu Bo, a student at Sungkyunkwan University, adding that he was very pleased with a stronger China.The Shanghai World Expo opened Friday night with artistic performances, fireworks and high technologies that epitomized 159 years of Expo history.Thousands of people watched the gala live at the futuristic, UFO-shaped Shanghai Expo Cultural Center, a centerpiece facility at the Expo Park, while thousands more enjoyed fireworks, lights and fountains on the waterfront promenade, the Bund.It is the first time the 159-year-old World Expo has been held in a developing country.

teral trade surpassed 6 billion U.S. dollars in 2009.

BEIJING, April 2 (Xinhua) -- China needs to expand the Renminbi, or yuan, cross-border settlement efforts when conditions allow, the People's Bank of China (PBOC) said Friday."It is necessary for China to seek appropriate timing to expand the cross-border yuan settlement to more cities, enterprises and overseas pilot areas," said an international financial market report released on the central bank's website Friday.But the report did not detail the conditions for appropriate timing.The foreign trade volume settled in yuan is still small compared with China's total foreign trade volume, said the report, without specifying figures.Official figures from China's General Administration of Customs showed that the country's exports in 2009 stood at 1.2 trillion U.S. dollars, down 16 percent from 2008.China's State Council, or Cabinet, announced in April 2009 a pilot program to allow exporters and importers in five cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- to settle cross-border trade deals in yuan.The latter four cities are all in south China's Guangdong Province.The Bank of China (BOC), China's largest foreign exchange bank, announced on July 6 last year that its Shanghai branch had received the first cross-border yuan trade settlement deal from the BOC (Hong Kong).The government is considering enlarging the scope of cross-border yuan settlement from commodity trade into service trade, said the report.Yuan settlement was in accordance with the market demand, said Cao Honghui, a researcher with the Chinese Academy of Social Sciences, but increasing the yuan's global acceptance would be decided by factors such as the country's economic development and the financial system development.

CHENGDU, May 24 (Xinhua) -- Top legislator Wu Bangguo has told authorities in Sichuan Province that post-quake reconstruction should continue to be the top priority.Wu, chairman of the National People's Congress Standing Committee, made the remarks when visiting the quake zone in southwest China from May 20 to 24. The 8-magnitude quake on May 12, 2008, has left more than 80,000 people dead or missing."Restoration and reconstruction in the quake zone must continue to be on top of Sichuan's economic and social development agenda," Wu said.Wu Bangguo (L), Chairman of the National People's Congress (NPC) Standing Committee, visits local people of Qiang ethnic group in Dongjienao village of Wenchuan County of southwest China's Sichuan Province during an inspection tour of the quake-hit areas in Sichuan, May 21, 2010.He said efforts should be made to build the quake zone into a new economic growth engine, as well as a model of the changing development pattern and model for low-carbon usage.Visiting rebuilt communities, schools and factories, Wu told local authorities to ensure the quality and safety of reconstruction projects and stressed the supervision of reconstruction funds.Permanent residential houses for more than 5.3 million households have been rebuilt since the quake, as well as 86 percent of the schools.He also said governments in the quake-hit areas should work closely with development partner provinces and cities, and accelerate industrial upgrading.

GUANGZHOU, May 30 (Xinhua) -- Li Qihong, mayor of Zhongshan in south China's Guangdong Province, is under investigation for "alleged serious disciplinary offences in economic activities," a local anti-graft body said late Sunday.The provincial commission for discipline inspection didn't reveal further details.