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BEIJING, Sept. 27 (Xinhua) -- Russian President Dmitry Medvedev Monday signed a series of political and commercial deals on his second state visit to China, a sign of closer strategic ties between the two world powers.Medvedev held talks with his Chinese counterpart Hu Jintao Monday in Beijing. They celebrated the completion of a long-awaited China-Russia oil pipeline, the largest bilateral project between the two countries.The 999-km pipeline runs from Angarsk in Russia to Daqing in northeast China. It is part of a bilateral loan-for-oil deal that was reached in 2009. Under it, China makes a 25-billion-U.S.-dollar long-term loan to Russia while Russia supplies China with 300 million tonnes of oil through pipelines from 2011 until 2030."The smooth completion of the pipeline project is a model for the two countries' mutually beneficial win-win cooperation and a milestone for China-Russia energy cooperation," said Hu at the completion ceremony.The two countries also signed 15 deals on cooperation covering coal, gas supply, energy efficiency, renewable energy, nuclear power, power grids and banking.Medvedev arrived in northeast China's port city of Dalian Sunday to start his state visit. There, he met with veteran Chinese and Russian soldiers who participated in China's War of Resistance against Japanese Aggression (1937-1945), part of WWII, underscoring the "deep bonds" between the Russian and Chinese peoples.

BEIJING, Oct. 13 (Xinhua) -- The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Wednesday as the central parity rate of the yuan was set at 6.6693 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Wednesday's central parity rate beat the previous record of 6.6732 on Oct. 11.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 Wednesday's central parity, the Chinese currency has strengthened against the U.S. dollar by about 2.32 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.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 9.294 Wednesday, lower from 9.2574 on Oct. 12, the previous trading day.The yuan's rate against 100 yen was 8.1477 Wednesday, compared with 8.124 on Tuesday.

BEIJING, Nov. 5 (Xinhua) -- Li Changchun, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, met here on Friday with a delegation from the Rodong Sinmun, the leading official newspaper of the Democratic People's Republic of Korea (DPRK). The delegation, headed by the newspaper's editor-in-chief, Kim Ki Ryong, is visiting China at the invitation of the People's Daily.Li said good relations between China and the DPRK have helped safeguard regional peace and stability and boost socialist consturction of the two countries.The CPC higly values the traditional China-DPRK friendship and to continuously consolidate and develop the friendship is an unswerving policy of the Party, Li said. Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with Kim Gi Ryong, chief editor of Rodong Sinmun daily of the Democratic People's Republic of Korea (DPRK), in Beijing, capital of China, Nov. 5, 2010.Li spoke highly of the exchanges between the People's Daily and the Rodong Sinmun, official newspapers of the two countries' ruling parties.Li encouraged the two newspapers to work to promote mutual understanding and trust between the two peoples and advance China-DPRK friendly, cooperative relations.Kim echoed Li's views on bilateral relations. He said his newspaper would work to develop the friendship between the two peoples.

BEIJING, Sept. 9 (Xinhua) -- Chinese President Hu Jintao on Thursday, the eve of Teachers' Day, called on teachers to embrace reform and innovation in teaching and enhance teaching standards.Hu made the call during a visit to the Renmin University of China in Beijing and its affiliated high school.During his visit to the school campuses, Hu held cordial talks with students, watched performances staged by students taking arts classes, and conveyed festival greetings to the teaching faculties.At the high school, Hu urged school authorities to respect students' individuality, tap their potentials, and help students improve their overall competence.At a lecture hall of the university, he called on university professors to be more productive in their scientific research so as to provide more reference for the government in decision-making.Hu also urged the university administration and teaching faculty to promote glorious university traditions, embrace reform and innovation, and improve its education quality.After the tour to the university, Hu met national model teachers and teachers who made outstanding contributions during the country's earthquake-relief work.He called on the country's teachers to learn from the model teachers, cultivate noble virtues, improve their professional standards and make greater contributions to the scientific development of the country's educational cause.

BEIJING, Sept. 15 (Xinhua) -- Senior Chinese political advisor Du Qinglin met Wednesday with Majallie Whbee, deputy speaker of the Israeli parliament, in Beijing.Speaking highly of the development of China-Israel relations, Du said it was in the interest of the two peoples and conducive to regional peace and stability to consolidate and promote bilateral friendly relations."China will work with Israel to elevate bilateral relations to a new high," Du said.Whbee said Israel and China had witnessed smooth development of bilateral relations. He hoped the two sides would deepen cooperation in all areas and benefit the two peoples. Du Qinglin (R), vice chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Majalli Wahabi, deputy speaker of the Israeli Parliament, in Beijing, capital of China, Sept. 15, 2010.Du, vice-chairman of the Chinese People's Political Consultative Conference (CPPCC), also briefed the guests on China's top political advisory body.He said the CPPCC would strengthen exchanges and cooperation with the Israeli parliament and contribute to the development of bilateral relations.