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BEIJING, Sept. 13 (Xinhua) -- China wishes to bring its cooperation with the World Bank to higher levels, Vice Premier Li Keqiang said here Monday, the 30th anniversary of China's cooperation with the bank."Both sides should seize the new cooperation opportunities as China strives to restructure economy, improve people's livelihood and maintain sustainable development," he said during his meeting with Robert Zoellick, President of the World Bank.China and the World Bank have extensive cooperation in poverty relief and development projects both in China and other countries in the world. The success rate of the bank's projects in China are among the highest in the world, Li said.Chinese Vice Premier Li Keqiang (R) meets with World Bank President Robert Zoellick in Beijing, Sept. 13, 2010."The cooperation between China and the World Bank is fruitful and mutually beneficial," he added.The World Bank wishes to further expand cooperation with China and to introduce China's experience of reform and development to other developing countries, said Robert Zoellick.

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.

TIANJIN, Oct. 4 (Xinhua) -- China on Monday said developing countries' right to development must be guaranteed in order to achieve a positive progress in tackling with climate change problems.As a developing country which is experiencing rapid growth, China will continue to fulfill its due responsibilities in reducing greenhouse gases emissions, said Chinese State Councilor Dai Bingguo.While addressing a new round of UN climate talks which opened Monday in north China's Tianjin Municipality, Dai said the principle of sustainable development must be followed."Economic development, poverty alleviation and climate protection should be considered in a coordinated way in order to achieve a win-win result between achieving development and dealing with climate change," Dai said.He suggested the negotiations should stick to the basic framework of the United Nations Framework Convention on Climate Change (UNFCCC) and Kyoto Protocol and the mandate of the Bali Roadmap and follow the principle of "common but differentiated responsibilities."The developed countries should set the targets to take the lead in reducing greenhouse gas emissions and arrangements should be made to provide adequate financial and technological support to developing countries, he said."All countries should consolidate and enlarge the common ground (on climate change issues) so as to actively push forward the talks and reach a legally binding agreement at an early date," Dai told some 3,000 delegates from party and observer countries under the UNFCCC and the Kyoto Protocol.He said the UN climate talks had entered a critical stage and the Tianjin meeting should make positive progress in order to pave the way for the year-end Cancun summit in Mexico.As a responsible developing country, China will continue to play an active and constructive role in the climate talks, Dai said.He stressed China, as a country of 1.3 billion people with per capita GDP ranking about 100th in the world, faces the serious task of growing the economy and improving people's livelihood."At a stage of accelerated industrialization and urbanization, China's energy demand will see further reasonable growth. Therefore, we face significant constraints in controlling greenhouse gas emissions," he said.The Chinese government made clear-cut goals before the Copenhagen climate talks in late 2009, including cutting the intensity of carbon dioxide emissions per unit of GDP in 2020 by 40 to 45 percent, compared with 2005 levels.China also said it would increase the share of non-fossil fuels in primary energy consumption to around 15 percent and have 40 million more hectares of forest by 2020.Last December, the UN climate change conference was held in Denmark and adopted the Copenhagen Accord -- a non-binding document.The Tianjin talks, scheduled to run from Oct. 4 to 9, is the final meeting before the United Nations Climate Change Conference to be held in Cancun at the end of this year.

BEIJING, Oct. 21 (Xinhua) -- Chinese Foreign Ministry on Thursday confirmed it had started preparations for President Hu Jintao's visit to the United States early next year, which the ministry said would be profound and far-reaching for bilateral ties."China and the United States have maintained close communications about the visit, which will be very important and will bring far-reaching influence for bilateral relations in new era," spokesman Ma Zhaoxu told a regular press briefing.Although Hu's U.S. visit had long been under discussion, it was the first time that China's foreign ministry confirmed the visit and elaborated on its significance.Ma said both China and the United States would like to see a successful visit that will boost the positive, cooperative and comprehensive China-U.S. relationship in the 21st century.At their meeting on the sidelines of the G20 summit in Toronto in June, U.S. President Barack Obama formally invited Hu to pay a state visit to the United States early next year. Hu accepted the invitation, Ma said.The visit will be Hu's first state visit to the United States since the Obama administration took office.His last state visit to the United States took place in April 2006."We agreed that we will work together to achieve tangible results in anticipation of the visit of President Hu to Washington in January 2011," U.S. Attorney General Eric Holder said in Beijing Thursday.Chinese analysts said the visit would be significant because it is expected to help address current issues and chart a path for the long-term bilateral ties."At such a crucial moment, Hu's visit will help reshape the China-U.S. ties in future," said Yuan Peng, a scholar of the China Institute of Contemporary International Relations.Relations between the two countries had stumbled earlier this year over issues ranging from U.S. arms sales to Taiwan to China's currency exchange rate, said Qin Yaqing, deputy director of Chinese Foreign Affairs University."It is impossible for two presidents' meeting to iron out all the differences, but the meeting will enable presidents to elaborate on their stances for better mutual understanding," Qin said.The past has proved that high-level visits could play a unique role in boosting China-U.S. relations, Yuan said. "It always worked the things out at the critical time."Yuan said Hu's visit was aimed at bringing the damaged China-U.S. relations back on "healthy and stable" track."In months ahead of Hu's visit, the United States should be reasonable in dealing with issues like trade and economy and refrain from measures undermining bilateral ties," said Shi Yinhong, a professor of China's Renmin University.Before their meeting in Washington next year, Hu and Obama are scheduled to meet on the sidelines of the G20 summit and Asia-Pacific Economic Cooperation(APEC) leaders' gathering in November.

BEIJING, Sept. 6 (Xinhua) -- The Chinese government announced Monday that it would provide an additional 200 million yuan (29.4 million U.S. dollars) of humanitarian aid to flood-hit Pakistan for disaster relief and reconstruction.The Chinese government had previously given 120 million yuan in humanitarian relief to its neighbor, the Ministry of Commerce said in a statement on its website.Foreign Ministry spokeswoman Jiang Yu confirmed the 200-million-yuan aid on Monday evening."Chinese government has decided to provide 200 million yuan of humanitarian aid to support Pakistan," she said in a statement.As Pakistan's "close neighbor and all-weather friend," China would continue to support Pakistan's disaster relief and reconstruction efforts, said Jiang.Pakistan is still facing severe challenges in relief and reconstruction, and needs additional aid from the international community, she said.