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BEIJING, Jan. 12 (Xinhua) -- The Chinese yuan strengthened to a record high against the U.S. dollar on Wednesday to reach 6.6128 per dollar.The central parity rate of the Chinese currency, also known as the renminbi (RMB), was set 88 basis points lower than Tuesday's 6.6216, according to the China Foreign Exchange Trading System.China's central bank announced on June 19, 2010, it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the 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 each business day.

BEIJING, Jan. 4 (Xinhua) -- A senior Chinese military official has urged soldiers and officers to learn from the older generations' self-sacrifice and hardworking spirit in completing missions and ensuring the security of the country.Guo Boxiong, Vice Chairman of China's Central Military Commission, made the remarks Tuesday at a symposium to mark the 100th birthday of Yang Dezhi, former Vice Minister of Defense and Chief of the General Staff of the People's Liberation Army (PLA).Yang, born in 1911, participated in a series of wars and made great contributions to the liberty of the Chinese people and the founding of the new China. He died in 1994 at the age of 83.Hailing Yang's loyalty to the Party and his wisdom and bravery, Guo urged soldiers and officers to carry on the firm belief in the Communist undertaking and learn from Yang's various qualities in promoting the PLA construction and ensuring the security and development of the country.Chinese Vice President Xi Jinping and some 200 relatives and friends of Yang attended the symposium.

MACAO, Nov. 14 (Xinhua) -- Chinese Premier Wen Jiabao left here for the mainland Sunday evening, ending his first official visit to the Macao Special Administrative Region (SAR).During his two-day tour, Wen attended the opening ceremony of the third Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese-Speaking Countries and delivered a keynote speech there, inspected the SAR, and had close contact with local people.Since returning to the motherland, Macao has undertaken big changes with sound economic and social development, said Wen to the press at the Lotus Port before his departure.Chinese Premier Wen Jiabao (front) answers journalists' questions before leaving, in Macao, south China, Nov. 14, 2010. Wen left Macao Sunday.For the first time Hong Kong and Macao have been included as an important part of the 12th Five-Year Program of the country, said Wen.In order to become a global tourism and leisure center, Macao should put emphasis on its economic connection to the mainland and communication and cooperation with the outside world, Wen told the press.To achieve such a goal, Wen also suggested the Macao government to value small-sized enterprises, and boost the development in the industries of culture, education and science and technology.In response to a question about the impact of the second round of currency quantitative easing measures taken by the United States, Wen said he was confident the financial communities in Hong Kong and Macao could find ways to maintain the financial and economic stability.

ST. PETERSBURG, Russia, Nov. 23 (Xinhua) -- Chinese Premier Wen Jiabao and his Russian counterpart, Vladimir Putin, agreed Tuesday to shore up reciprocal and practical cooperation to further consolidate bilateral relations.Following the 15th regular meeting between the Chinese and Russian heads of government, Wen told a press conference that the latest gathering reinforced the political mutual trust between the two sides and significantly pushed forward bilateral cooperation.The two premiers reached important consensus on bilateral ties and important global affairs, and were confident that the positive results of the meeting would help inject new energy into the comprehensive development of the China-Russia strategic partnership of coordination, Wen said.Chinese Premier Wen Jiabao (L) and his Russian counterpart Vladimir Putin attend a news conference after the 15th regular meeting between the Chinese and Russian prime ministers, in St. Petersburg, Russia, Nov. 23, 2010.China's modernization poses no harm to the interests of any other country, Wen said, adding that stronger China-Russia collaboration will not only benefit the two countries, but also contribute to regional peace and stability.The two sides have maintained close coordination on such multilateral platforms as the UN and the Group of 20 major economies, and their cooperation is all-around, Wen said.China is ready to take part in Russia's efforts to build infrastructure and establish special economic zones, and is delighted to invite more Russian youths to learn the Chinese language or study in China, he added.Noting that the latest international financial crisis has left a far-reaching fallout, the Chinese premier said that both Beijing and Moscow are now facing a variety of challenges, and that both sides have the responsibility to defend their interests.

BEIJING, Dec. 9 (Xinhua) -- Top political advisor Jia Qinglin called for closer financial ties between the Chinese mainland and Taiwan while meeting with Fredrick Chien, the head of a Taiwan finance delegation here on Thursday.Jia, Chairman of the National Committee of the Chinese People' s Political Consultative Conference (CPPCC), said that financial cooperation was crucial for the cross-Straits economic bond. With the signing of the Economic Cooperation Framework Agreement (ECFA), financial cooperation had made substantial progress and entered a new stage.Jia said closer financial cooperation across the Strait would help financial industries on both sides to fend off international risks and benefit the economic growth of both sides.China's top political advisor Jia Qinglin (R), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with Fredrick Chien, head of a Taiwan financial delegation to the mainland for trade talks, at the Great Hall of the People in Beijing, capital of China, Dec. 9, 2010. Fredrick Chien, also the president of Cathay Charity Foundation, agreed to cooperate and to seize the opportunity to create a win-win situation.The ECFA, taking effect on Sept.. 12, is widely seen as a landmark deal to enhance cross-Strait economic cooperation between the Chinese mainland and Taiwan.Under the agreement, the two sides pledged to gradually reduce and remove trade and investment barriers, and continue discussing agreements for commodities trading, and trade in services and investments.

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