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BEIJING, Oct. 12 (Xinhua) -- China as well as Latin American and Caribbean countries celebrated here on Tuesday the 50th anniversary of the inauguration of diplomatic relations at a reception.Addressing the reception, Chinese Foreign Minister Yang Jiechi said the past fifty years have witnessed significant progress in the ties between China as well as Latin American and Caribbean countries, citing deepening political mutual trust, win-win cooperation on all fronts and strengthened friendship between their people.The People's Republic of China forged diplomatic ties with Cuba in Sept. 1960 at the ambassadorial level, heralding its relations with Latin American and Caribbean countries.Yang said that the Chinese government values its ties with Latin American and Caribbean countries, cherishes the friendship of their people and is always devoted to boosting their friendly cooperation of mutual benefits.China as well as Latin American and Caribbean countries, both as the developing countries, have common interests in achieving sustainable development, promoting world multi-polarization and jointly dealing with global challenges, Yang said.Yang called on the two sides to work together to advance the comprehensive and cooperative partnership featuring equality, mutual benefit and common development.Dean of the Diplomatic Corps of Latin American and Caribbean Countries in China, Guillermo Velez hailed the friendly cooperation between the nations in their region and China over the last fifty years.Guillermo Velez, also Colombian ambassador to China, said that Latin American and Caribbean countries attach importance to relations with China and firmly believe in the development of bilateral ties featuring friendly political relations and robust pragmatic cooperation.Almost 200 guests, including Chinese government officials, diplomats from the Latin American and Caribbean countries in China and personalities of various circles of the two sides, attended the reception.
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.

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.
BEIJING, Sept. 24 (Xinhua) -- Premier Wen Jiabao's three-day U.N. visit this week has been fruitful as a major diplomatic effort at a time when new changes are emerging in the world economy and politics, Foreign Minister Yang Jiechi told reporters Friday.Wen was in New York from Tuesday to Thursday for the U.N. Summit on the Millennium Development Goals (MDGs) and the general debate of the 65th session of the U.N. General Assembly, a summit of the U.N. Security Council member states, and a high-level discussion panel on AIDS and MDGs. He also met with U.S. President Barack Obama on bilateral ties and regional and world issues, calling for more cooperation.Yang said Wen made the New York trip as the world economy stabilized and started to show improvement but the recovery remained unbalanced and was still not solid.The international community has, in general, made significant progress on meeting the Millennium Development Goals (MDGs), the minister said. he said, however, more imminent is the imbalance in international development and there are new challenges in international cooperation and development.The developing countries want more attention from the international community on the development issue, the minister said, and countries are ever more willing to promote peace, development and cooperation. They, he said, expect a greater role for the United Nations in safeguarding world peace, promoting mutual development and advancing international cooperation.Wen's trip also came at a time when there are some misunderstandings and misinterpretations about China, which had led the global economic recovery and was put in the global spotlight, Yang said.Wen's visit was also important given that the handling of ties between China and the United States, in particular the appropriate handling of the differences and the advancing of mutual trust and cooperation, is of great importance to the health of their bilateral relations, the foreign minister added.PRESENTING CHINA AS IT ISPremier Wen tried to present China as it is at the U.N. meetings, the welcome banquet in his honor organized by friendly organizations, meetings with foreign leaders and guests, and in media interviews.The premier was sincere and objective about the true condition, challenges and development strategy of China. He made it clear that there had been no change to the fundamental fact that China remains a developing country and that it will stick to the policy of reform and opening up to the outside and the long-term pursuit of peaceful development, Yang said.It is widely agreed, Yang said, that Premier Wen responded with clear and definitive answers to questions about the developing country status, development strategy and international role of China.His words had been sincere and his arguments convincing, helping the international community better understand China as it is and increasing their confidence in the country, Yang said.ADVANCING MDGS FULFILLMENTAddressing the U.N. summit on MDGs, Premier Wen introduced China's achievement in fulfilling the MDGs in slashing poverty and promoting cooperation among developing countries.He laid out a package of proposals to further advance the fulfillment of the MDGs, calling on the international community to prioritize African development and poverty alleviation, as well as promoting U.N.'s leading role in international cooperation.Wen pledged to help developing nations with improving their livelihoods, reducing or erasing debts, enhancing links in such fields as finance, economy and trade, agriculture and human resources training.He announced China will, on top of previously pledged assistance, provide an additional 200 million U.S. dollars in aid to flood-stricken Pakistan.The premier also witnessed the signing of a memorandum of understanding on boosting cooperation between China and the U.N. Development Program (UNDP).As most countries believe, despite all kinds of difficulties, Yang said, China has made positive contributions to achieving the MDGs. China's economic and social progress would certainly encourage other developing nations. In the eyes of the world, China always keeps its promises by taking substantial, sincere and selfless measures.Premier Wen's presence at a U.N. panel on AIDS, the first appearance of senior Chinese leadership to such gatherings, has demonstrated a China that is open, self-confident, emphasizing human dignity, social justice and harmony, as well as balanced development, Yang said.While meeting with the U.N. Secretary General Ban Ki-moon, Wen said China pledged to play a more active role in U.N. affairs in various sectors and to strengthen its partnership with the U.N.PROMOTING PEACE AND STABILITYAttending the U.N. Security Council meeting, Wen presented China's views on world security, and expressed China's willingness to continue supporting the U.N.'s leading role in safeguarding international peace and security.
BEIJING, Oct. 10 (Xinhua) -- Chinese Premier Wen Jiabao's just concluded Eurasian visit has promoted ties and traditional friendship between China and five European and Asian countries.Wen paid official visits to Greece, Belgium, Italy and Turkey and an unscheduled visit to Germany, and attended the 8th Asia-Europe Meeting (ASEM) and the 13th China-European Union (EU) summit on Oct. 2-9.During the eight-day tour, Wen attended over 70 events, which covered global challenges, bilateral ties, hot topics and cooperative programs in the forms of lectures, talks, meetings, symposiums and tours.The visit, despite its tight schedule, had rich contents, and was another presentation of China's spectacular diplomatic moves.
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