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BEIJING, Nov. 4 (Xinhua) -- China will strengthen exchanges and cooperation with its neighboring countries to further deepen their mutual understanding and friendship, a senior Chinese diplomat said Thursday.Hu Zhengyue, Chinese assistant foreign minister, said China supports social and cultural exchanges between different countries on the basis of respecting each other's tradition, social system and developing mode.The recent years have seen dynamic exchanges between China and its neighboring countries and their cooperation has been broadened and enriched, Hu said in a Foreign Ministry media release."In 2009 alone, there are about 21.7 million visitors coming from northeast, southeast and south Asian countries," he said."Besides, more than 160,000 foreign students studying in China in 2009 were from Asian countries," he added.China attaches great importance to enhancing communication and exchanges between young people of Asian countries, and has established young people's regular exchanging mechanism with Japan, India, Vietnam, Mongolia and Pakistan, he said.

BEIJING, Sept. 17 (Xinhua) -- Chinese President Hu Jintao's speech on the 30th anniversary of the founding of the Shenzhen special economic zone (SEZ) was published in five ethnic minority languages on Friday.Shenzhen, a southern coastal city neighboring Hong Kong, marked its 30th anniversary as China's first economic reform zone on Sept. 6.At that day's celebratory rally, Hu said the central government would always support the country's special economic zones, embarking on "brave exploration" in their roles as "first movers.""The SEZs will not only continue, but should work better," Hu said.The late Chinese leader Deng Xiaoping first proposed building Shenzhen into a SEZ in the late 1970s.On Aug. 26, 1980, China's top legislature approved the establishment of the Shenzhen SEZ.The speech was published by the Ethnic Publishing House in five minority languages, including Mongolian, Tibetan, Uygur, Kazakstan and Korean.

SHANGHAI, Oct. 23 (Xinhua) -- An official of one of China's top government think tanks called on Saturday for the readjustment of the nation's breakneck expansion of the auto industry as an explosion of new cars on China's roads aggravates problems with pollution and congestion.Liu Shijin, deputy director of the Development Research Center of the State Council, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets.Also, auto manufacturers should strengthen their safety and quality control standards, he said.Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct. 12.In fact, annual sales and production could exceed 17 million, CAAM said.Although the expansion has brought an industrial boom to the country and boosted domestic demand, it has also triggered widespread concerns over the country's energy capacity, pollution levels and notorious traffic jams.In Beijing, the increasing number of private cars, along with heavy rainfall and a spurt in holiday travel, caused a record 140 traffic jams on a single Friday evening last month. In some parts of the city on that day people spent nearly two hours on what would normally have been a 15-minute commute.Further, Liu said increasing social problems arising from the country's industrial boom has made its future development unsustainable, which is a test for the government.He also suggested government allow market forces to play a larger role in allocating resources, and also permit uncompetitive producers to be phased out.

BEIJING, Sept. 21 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), jumped 113 basis points, or 0.17 percent, Tuesday to a new record high at 6.6997 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Tuesday's yuan central parity against U.S. dollar beat the previous record of 6.7110 per U.S. dollar on Monday and extended the Chinese currency's gains to eight consecutive trading days.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Tuesday's central parity, the Chinese currency has strengthened against the U.S. dollar by 1.87 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.According to Tuesday's central parity rates, the yuan's value strengthened against all the currencies within its basket with lower rates.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 8.7522 Tuesday, lower from 8.7595 Monday.The yuan's rate against 100 yen was 7.8204 Tuesday, compared with 7.8275 Monday.The Chinese currency soared 814 basis points against the British pound with the central parity rate being set at 10.42 from Monday's 10.5014.The central parity of 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 in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.