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BEIJING, June 16 (Xinhua) -- For the first time in more than one year, China reduced its holding of U.S. Treasury bonds, and experts told Xinhua Tuesday that move reflected concern over the safety of U.S.-dollar-linked assets.     Data from the U.S. Treasury showed China pared its stake in Treasury bonds by 4.4 billion U.S. dollars, to 763.5 billion U.S. dollars, as of the end of April compared with March.     Tan Yaling, an expert at the China Institute for Financial Derivatives at Peking University, told Xinhua that the move might reflect activity by China's institutional investors. "It was a rather small amount compared with the holdings of more than 700 billion U.S. dollars."     "It is unclear whether the reduction will continue because the amount is so small. But the cut signals caution of governments or institutions toward U.S. Treasury bonds," Zhang Bin, researcher with the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, a government think tank, told Xinhua.     He added that the weakening U.S. dollar posed a threat to the holdings of U.S. Treasury bonds.     The U.S. government began to increase currency supply through purchases of Treasury bonds and other bonds in March, which raised concern among investors about the creditworthiness of U.S. Treasury bonds. The move also dented investor confidence in the U.S. dollar and dollar-linked assets.     China, the biggest holder of U.S. Treasury bonds, is highly exposed. In March, Premier Wen Jiabao called on the United States "to guarantee the safety of China's assets."     China is not the only nation that trimmed holdings of U.S. Treasury bonds in April: Japan, Russian and Brazil did likewise, to reduce their reliance on the U.S. dollar.     However, Tan said that U.S. Treasury bonds were still a good investment choice.     Hu Xiaolian, head of the State Administration of Foreign Exchange, said in March that U.S. Treasury bonds played a very important role in China's investment of its foreign exchange reserves. China would continue to buy the bonds while keeping an eye on fluctuations.     Zhang said it would take months to see if China would lower its stake. Even so, any reduction would not be large, or international financial markets would be shaken, he said.     Wang Yuanlong, researcher with the Bank of China, said the root of the problem was the years of trade surpluses, which created the huge amount of foreign exchange reserves in China. It left China's assets tethered to the U.S. dollar, he said.     He said making the Renminbi a global currency would cut China's demand for the U.S. dollar and reduce its proportion in the trade surplus.

BEIJING, June 12 (Xinhua) -- China's joint prevention and control tactic has been proved to be powerful, orderly and effective in fighting the spreading of A/H1N1 virus, said Vice-Premier Li Keqiang while he presided over a conference on the issue Friday.     The tactic has helped the nation win time and initiative in the efforts to deal with the epidemic, which has protected the people's health rights, reduced its impacts on economy and society in a maximal way, and provided favorable conditions for the country's development, said the official, who is also member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau. Li conveyed the instructions of Hu Jintao, state president and general secretary of the CPC Central Committee, and Premier Wen Jiabao on the issue. He said the situation of the epidemic has been under control in the country. Chinese Vice-Premier Li Keqiang (C), who is also member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, presides over a conference on China's joint prevention and control tactic of fighting the spreading of A/H1N1 virus, in Beijing, capital of China, June 12, 2009.    He called for seriously implementing the decisions and arrangement of the Party Central Committee and the State Council and adopting countermeasures that are compatible to China's realities.     "Persist on and improve preventive and controlling measures that have been proven effective and do a good job in the preventive and controlling work in a scientific, open and transparent way in accordance with law, so as to ensure people's health and normal production and life, and maintain social harmony and stability," he said.     The official praised the hard efforts and outstanding contribution made by Chinese quarantine officers and medical workers in the prevention and control of the epidemic. The patients found in China have mostly come from abroad and the majority of them are minor cases that have been cured in a relatively short time, he noted.     While the epidemic situation is developing outside of the country and the WHO has raised its flu alert to the highest level, the number of imported flu cases has increased relatively quickly over the past few days, according to the official.     China will try to minimize the number of locally transmitted cases, prevent the spreading of the virus in communities, increase the abilities of handling seriously ill patients, and speed up the pace of studying and producing the vaccine, in order to prepare for future changes of the epidemic, Li said.     Ma Kai, state councilor and secretary general of the State Council, attended the meeting.

BEIJING, June 11 (Xinhua) -- Chinese President Hu Jintao and U.S. President Barack Obama sent messages respectively to the United States' National Symphony Orchestra (NSO) Thursday, wishing its performance in China a success.     "I am pleased to extend my warm welcome to all the visiting artists from the United States," Hu said in the message. He recalled the NSO's first visit to China in 1999, saying it "left a beautiful impression to the Chinese audience."     Hu hailed the Symphony's second visit to China at the 30th anniversary of the establishment of China-U.S. diplomatic relations. He said music can help to "refine sentiment of humankind and promote communication between people's hearts of different countries."     "I believe that music from across the Pacific Ocean will enhance the mutual understanding between our two peoples and certainly write a new chapter in the long run of friendship between us," Hu said.     He also wished the performances of the NSO a great success.     In his message, Obama extended a heartfelt welcome to all those attending this performance of the NSO as it tours the People's Republic of China for the second time.     "Music has been called a universal language, " said Obama. "It has the potential to build inter-cultural bridges, forge new relationships among peoples and nations, strengthen our understanding of history and tradition, and enrich our lives and our communities."     "I believe that rich cultural and artistic exchanges like this one will help bring our peoples and our nations closer together," Obama stressed.     The NSO, founded in 1931, is an American symphony orchestra that regularly participates in events of national and international importance, including performances for ceremonial state affairs, presidential inaugurations and official holiday celebrations.     The orchestra came to China at the invitation of the Ministry of Culture. It plans to give a series of concerts in Beijing, Xi'an and Shanghai and perform the renowned works of Mendelssohn, Tchaikovsky and Wagner for the Chinese audience.

ZAGREB, June 20 (Xinhua) -- Chinese President Hu Jintao's just concluded three-nation tour is "very successful" in enhancing friendship, boosting cooperation and promoting common development with relevant countries, Foreign Minister Yang Jiechi said Saturday.     During the tour from June 14 to June 20, President Hu attended the ninth annual summit of the Shanghai Cooperation Organization (SCO) and the first BRIC (Brazil, Russia, India and China) summit in Yekaterinburg, Russia, and paid state visits to Russia, Slovakia and Croatia.     Hu's tour took place amid the complicated and changing international situation, while the global financial crisis continues to spread, regional security faces new challenges, and various countries share stronger will to deepen cooperation and promote development, Yang said.     The tour was a significant diplomatic move taken by China to develop relations with neighboring countries, major developing countries as well as Central and Eastern European countries, said Yang.     He said the tour has made successful achievements in four major areas. Chinese President Hu Jintao (C) attends the small-sized group meeting of the leaders of Shanghai Cooperation Organization (SCO) member states and observers in Yekaterinburg, Russia, on June 16, 2009

TASHKENT, June 28 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang said on Sunday that China is willing to expand cooperation with Uzbekistan on wide-ranging issues while meeting with Uzbek President Islam Karimov.     "Uzbekistan, as a country with important influence in central Asia, plays a major role in regional affairs, and developing a friendly partnership with Uzbekistan is one of the priorities of China's foreign policy," said Li.     "China is willing to work together with Uzbekistan to constantly solidify the friendship and political trust between the two countries, make efforts to expand pragmatic bilateral cooperation in all fields, and increase exchanges in culture, education, health and sports," he added. Chinese Vice Premier Li Keqiang (R) meets with Uzbekistan's President Islam Karimov in Tashkent June 28, 2009.    China also aims to enhance coordination and cooperation with Uzbekistan within multi-lateral frameworks like the United Nations and the Shanghai Cooperation Organization, said the Chinese official.     Li said China is thankful to Uzbekistan for its support on issues that were deemed critical to China's core interests and on other major issues and promised China will continue to support Uzbekistan for its efforts to defend national independence and sovereignty, develop its economy and safeguard its national security and stability.     On the global financial crisis, Li pointed out China has taken appropriate fiscal and monetary measures to spur economic growth and the Chinese economy is stabilizing.     He noted bilateral trade between China and Uzbekistan is still growing rapidly despite the financial crisis and suggested the two sides increase exchanges on government policies to help each other deal with the crisis.     Top leaders and senior officials of China and Uzbekistan have met on a regular basis in recent years. Chinese Vice Premier Li Keqiang (2nd R Front), accompanied by Uzbekistan's Deputy Prime Minister Ergash Shaismatov (1st R Front), visits Chkalov plane manufactory in Tashkent June 28, 2009. Chinese President Hu Jintao met with Karimov at the sidelines of the Shanghai Cooperation Organization summit held in the Russian city of Yekaterinburg earlier this month. The two also met during the 2008 Summer Olympic Games in Beijing.     Meanwhile, Chinese Premier Wen Jiabao paid his first official visit to Uzbekistan in November 2007 after attending a meeting of the prime ministers of the Shanghai Cooperation Organization countries held in the Uzbek capital Tashkent.     Karimov said he treated Li's visit to his country is another example of the close relations between the leaders of the two countries.     He said Uzbekistan values its relationship with China, admires China for its development.     He also expressed deep thanks to China for its longtime support and help.     The Uzbek president then outlined new areas for further cooperation between Uzbekistan and China.     "Uzbekistan and China have made major progress on bilateral economic and trade cooperation, but there is much potential for further developing and deepening that cooperation," he said.     He suggested the two countries explore new ways of cooperation, map out a medium and long-term framework for cooperation and enhance bilateral economic and trade cooperation in an all-around way through effective mechanism and joint projects of strategic importance.     He said Uzbekistan will continue to support China's position on issues related to Taiwan, Tibet and human rights and will work together with China to promote regional peace and stability.     Li arrived in Tashkent on Saturday for a three-day official visit to Uzbekistan. Uzbekistan is the last leg of his three-nation foreign tour which has already taken him to Turkmenistan and Finland. Chinese Vice Premier Li Keqiang (1st R) meets with Uzbekistan's President Islam Karimov (1st L) in Tashkent June 28, 2009