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TASHKENT, May 3 (Xinhua) -- Regional financial cooperation in East Asia has made active progress over the past year, Chinese Finance Minister Xie Xuren said after meeting with his counterparts from countries in the region.In particular, achievements were made in establishing the regional multilateral financial assistance mechanism and in promoting an Asian bond market, Xie told Xinhua on Sunday after attending the finance ministers' meeting of the Association of Southeast Asian Nations, plus China, Japan and South Korea (ASEAN+3) here.Xie said all parties concerned reached further consensus on basic parameters of a regional economic surveillance unit at the meeting.Uzbek President Islam Karimov(L) shakes hands with Chinese Finance Minister Xie Xuren in Tashkent, capital of Uzbekstan, May 3, 2010. The unit is responsible for monitoring the countries' economic and financial situations and providing advices for the regional foreign currency reserve pool, known as Chiang Mai Initiative Multilateralization (CMIM) that formally came into effect on March 24, 2010.The ASEAN+3 meeting also announced the setting up of a regional credit guarantee and investment fund with an initial grant of 700 million U.S. dollars, in an effort to promote the issuance of bond in domestic currencies within the region, Xie said.The finance ministers also agreed to create a working group to discuss future strategic fields for regional financial cooperation.

BEIJING, May 15 (Xinhua) -- Qiushi, or "Seeking Truth," the official magazine of the Communist Party of China (CPC) Central Committee will publish an article by Vice President Xi Jinping on improving official writing or speech styles.The article will appear in the latest issue of Qiushi on Sunday.At an opening of the CPC Central Committee Party School's spring semester held on Wednesday in Beijing, Xi told more than 900 officials and new student cadres that they must eradicate "empty words" and political jargon from their speeches and documents.He also urged Party leaders to learn "colloquial wisdom" from the public and make their speeches and articles more easily understood by common people.

BEIJING, April 21 (Xinhua) -- The Chinese people continued to donate for the quake-hit zone in northwestern province of Qinghai on Tuesday, while getting ready for a nationwide mourning for those killed in the April 14 earthquake on Wednesday.A TV charity show on Tuesday evening raised 2.175 billion yuan (about 319 million U.S. dollars) in donations for the Tibetan Autonomous Prefecture of Yushu, where the 7.1-magnitude quake has left at least 2,064 people dead, 175 missing, and 12,135 injured by Tuesday.In the small hours of Wednesday, most websites and news portals in China have already turned black and white as part of the national mourning, which will be formally kicked off on Wednesday morning.

BEIJING, April 11 (Xinhua) -- Although China registered the first monthly trade deficit last month in six years, that would be temporary as the demand for imports is likely to ease with the expected moderation in domestic fixed asset investment, said an economist of JP Morgan Chase."With an anticipated recovery in developed economies this year, Chinese exports should improve gradually over the coming months," said Jing Ulrich, chairman of China Equities and Commodities of the U.S. bank in a research note Saturday.That will be proved by the forward looking new export orders component of China's official PMI (Purchasing Managers's Index) which increased to 53.7 in March from 50.3 in February, she said.China reported trade deficit of 7.24 billion U.S. dollars in March, the first since April 2004, as exports rose 24.3 percent year on year, while imports jumped by 66 percent."The pace of China's export recovery and dynamics of imported inflation will shape the country's approach towards currency valuation. A return to the policy of gradual RMB appreciation would allow China to mitigate imported inflation and promote domestic consumption by boosting household purchasing power in local currency terms," she said.She noted that in the longer-run, more flexibility in China's currency regime would allow the central bank to set monetary policy with greater independence from the U.S. Fed Reserves.

BEIJING, May 6 (Xinhua) -- Beijing police have refuted a rumor that a school attack occurred Thursday morning at a primary school in the city.An Internet post said an attack was carried out at Xiwang Primary School at around 9 a.m. in Sibozi of Beijing's Changping District and the police evacuated all the students on campus."There is no such school in Sibozi. And we never received a report of a school attack," said a spokesman with the Beijing Municipal Public Security Bureau Thursday afternoon.The police have launched an investigation into the source of the rumor, said the spokesman.The rumor came after a series of recent school attacks in China's Fujian, Guangdong, Jiangsu and Shandong provinces.