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BEIJING, Jan. 25 (Xinhua) -- The central parity rate of yuan, the Chinese currency, Tuesday gained 2 points to 6.5881 against the U.S. dollar, according to the China Foreign Exchange Trading System.China's central bank announced in June 2010 it would further reform the 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 prices before the opening of the market each business day.

BEIJING, Jan. 24 (Xinhua) -- China's top economic planner said Monday that price supervision and control measures have achieved steady progress with 2010's Consumer Price Index, slightly exceeding the target ceiling by 0.3 percentage points to hit 3.3 percent.To rein in soaring commodities prices, joint efforts have been made to manage inflation expectations, promote production, ensure supplies and strengthen price supervision in 2010, said the National Development and Reform Commission (NDRC) in an online statement.Prices of necessities accelerating during the second half of 2010 have been contained with vegetable prices down 9.4 percent in December from the previous month last year, it said.Further, prices of edible vegetable, pork, egg, sugar,liquefied petroleum gas and clothing also decreased significantly in December month on month, the statement said.To cope with rising prices beginning in July 2010, especially prices of basic supplies, the central government promptly introduced joint inter-ministerial meetings to discuss price controls among 17 ministries and ordered local governments to establish the same mechanism, it noted.Local governments have worked on improving agricultural facilities, especially in south China's Hainan province, to increase vegetables supplies for northern cities over the past year, the statement said.The statement forecasts that vegetable planting areas in 2010's autumn and winter will increase 530,000 hectares year on year, sending output to 337 million tonnes.To ensure production and supply, departments have worked to reduce fertilizer exports and promote links between production areas and purchasing areas, it added.Further, relevant authorities also took measures to stabilize prices of electricity and coal, and to ensure smooth transportation of agricultural produce.Authorities also granted temporary subsidies and raised basic wages and minimum living subsidies for urban and rural residents to guarantee people's daily life.

BEIJING, March 8 (Xinhuanet) -- U.S. Food and Drug Administration (FDA) announced there was no new reason for safety concern in Pfizer Inc's Prevenar and Sanofi Aventis SA's ActHIBor vaccines, according to media reports Tuesday.Health agencies "have not detected new safety concerns or unusual reporting patterns" in the vaccines, which are used to prevent forms of meningitis and pneumonia, FDA spokeswoman Shelly Burgess said in an emailed statement.Health agencies in the United States will continue to monitor the vaccines for safety, the spokeswoman added.The Japanese health ministry had decided to suspend the vaccines after four unexplained deaths were reported. The causes of the deaths are still investigated, the Japanese ministry said in a release on its website.

MOSCOW, April 12 (Xinhua) -- Does life exist on other planets beyond the solar system? Are there any other planets like the Earth in our universe? And what does the universe look like?On questions related to outer space, human beings have never stopped observing and thinking.Yuri Gagarin, who made the first manned space flight on April 12, 1961, and orbited Earth for 108 minutes before safely landing, opened a window named "space" to humankind. The Soviet cosmonaut's journey continues to be an inspiration for the world to "conquer" space -- but now for more peaceful purposes.After the Cold War, cooperation on space exploration and scientific researches has turned to a more pragmatic way. More and more countries are realizing that space programs are closely linked with their people's lives than ever before.GAGARIN'S LEGACY INSPIRES PEACEFUL COOPERATION IN SPACEThe UN General Assembly adopted a resolution earlier this month that declares April 12 the International Day of Human Space Flight. The resolution has been supported by more than 60 countries."Man's space odyssey, the fruitful cooperation of many states in outer space would have been impossible without the very first step, Yuri Gagarin's flight," said Vitaly Churkin, Russia's permanent representative to the United Nations.However, the first human space flight was actually a result of competition between the East and the West at the height of the Cold War when the Berlin Wall was built.That competition gradually evolved, however, into a joint space project that has drawn more than 15 nations -- the International Space Station (ISS). Such a project would almost impossible to imagine before.The Mars-500 project in Moscow, aimed at testing the physical and psychological strains on humans during a 500-day journey to "Mars," is another good example of the international cooperation in scientific research. The experiment included six crew members from four countries, including Russia, China, France and Italy.Compared with the times of Gagarin, who died in a 1968 plane crash,mankind has changed its approach to space exploration, rendering it more pragmatic. That's according to cosmonaut Pavel Vinogradov, now a deputy head of the Space Flight Center in the Energy Rocket-Space Corporation."Early romanticism and space race have gone. Countries have been replaced by the business-oriented cooperation in the recent decade," Vinogradov told Xinhua.Experts said the scale and costs of space explorations require massive international cooperation."Space programs have been more money-thirsty even than military programs, so the nations seek closer cooperation," Vinogradov said, "and this pays off."STARDUST YIELDS TO PRAGMATISMUnlike 50 years ago, space technologies now are more closely linked to people and more directly affect their daily lives. Nowadays, one just cannot imagine life without satellite TV or GPS.Veteran cosmonaut Georgy Grechko said orbits have become construction sites rather than military facilities and the space industry itself has swiftly evolved into just another sector of the global economy.Echoing Grechko, Vinogradov said space also is a testing ground for many other sectors, including the bio-technological and pharmaceutical industries."What is just as important, outer space has turned into a platform for close, open, and fruitful international cooperation for the benefits of global, universal peace and development," Russian President Dmitry Medvedev has said.UN General Assembly President Joseph Deiss has said that the newly established International Day of Human Space Flight should serve as an opportunity to reflect on the importance of peaceful use of space to develop essential technologies and scientific breakthroughs."Space technology is used in matters diverse, such as the fight against climate change, against desertification, and against the loss of biodiversity," Deiss said. "The satellite images provided have given essential data when it comes to avoiding the risks of natural disasters."So far, mankind has never stopped making progress beyond the earth's boundaries and the progress itself has never stopped sparking people's imagination about what is possible through the peaceful use and exploration of outer space.What's more, humankind has never stopped the space dream."The task of the government is to inject into the people an ability to dream," said Igor Zadorin, a member of Russia's National Strategy Council.Here is interesting news: NASA's head Charles Bolden arrived in Russia on the eve of Gagarin's flight anniversary and was expected to discuss Russia-U.S. cooperation on a joint flight to Mars by a nuclear-powered spacecraft.What can we expect in the future?

WASHINGTON, Feb. 4 (Xinhua) -- Major trading partners of the United States, including China, did not manipulate their currencies to gain an unfair advantage in international trade in 2010, according to a report released by the U.S Treasury Department on Friday."Based on the resumption of exchange rate flexibility last June and the acceleration of the pace of real bilateral appreciation over the past few months," China's behavior did not qualify under the official definition of manipulation, the Treasury said in its long-delayed semiannual report to the Congress on International Economic and Exchange Rate Policies.With respect to exchange rate policies, ten economies were reviewed in this report, accounting for nearly three-fourths of U. S. trade. Many of the economies have fully flexible exchange rates. A few have more tightly managed exchanges rates, with varying degrees of management."No major trading partners of the United States" met the standards identified by the Congress as currency manipulator, concluded the report.Since the June 19, 2010 announcement by China's central bank of greater exchange rate flexibility, its currency, also known as renminbi (RMB) has appreciated 3.7 percent against the dollar, or about 6 percent annualized. The renminbi has appreciated 26 percent in total against the dollar since 2005.The Treasury said that because inflation in China is significantly higher than it is in the U.S., the RMB has been appreciating more rapidly against the dollar on a real, inflation- adjusted basis, at a rate which if sustained would amount to more than 10 percent per year.The U.S. accuses Beijing of keeping its currency undervalued, flooding the country with cheap exports and costing U.S. jobs. But many economists believe that the appreciation of RMB will help little to the U.S. employment."Treasury today again made the right call on China's currency policy in its latest exchange rate report," John Frisbie, President of the U.S.-China Business Council (USCBC) said in a statement after the U.S. Treasury Department'report."While USCBC believes that China should allow its exchange rate to better reflect market forces, designating China as a ' manipulator' would achieve nothing. USCBC continues to support the Obama administration's approach of combined multilateral and bilateral engagement with China as the most effective way to make progress on the exchange rate issue."