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BEIJING, April 6 (Xinhua) -- China's outstanding external debt reached 428.6 billion U.S.dollars by the end of 2009, up 14.4 percent from a year earlier, the State Administration of Foreign Exchange (SAFE) said here in a statement on its website Tuesday.The figure excluded Hong Kong Special Administrative Region (SAR), Macao SAR, and Taiwan.The country's registered foreign debt was equivalent to 266.95 billion U.S. dollars by the end of last year, up 2.5 percent from the 2008 level. Outstanding trade credits stood at 161.7 billion U.S.dollars, according to SAFE.China's foreign debt service ratio was 2.87 percent, while the foreign debt ratio and liability ratio stood at 32.15 percent and 8.73 percent, respectively, SAFE said.Mid- and long-term external debt, accounting for 39.52 percent of all outstanding foreign debt, totaled 169.39 billion U.S.dollars by 2009, most of which came from manufacturing and infrastructure construction in transportation, storage and postal services, it said.Short-term external debt rose 23 percent to 259.26 billion U.S.dollars year on year by the end of 2009, accounting for 60.48 percent of the total.New mid- and long-term debt in 2009 declined 38.18 percent to 22.45 billion U.S.dollars from a year earlier.China repaid principals for mid- and long-term loans of 34.19 billion U.S. dollars and 3.63 billion U.S. dollars in interest in 2009, up 46.78 percent and down 12.64 percent year on year, respectively, said SAFE.
BEIJING, June 6 (Xinhua) -- In light of the recent school attacks, China has tightened security for the college entrance examination which begins on Monday."All the relevant departments and local governments are fully prepared to respond to emergencies during the exam," said Liu Junyi, vice-director of the exam center under the Ministry of Education, on Sunday.In Beijing, police, security guards and volunteers will work together to guard the exam venues.In Henan and Anhui provinces, emergency-responses have been prepared in case of disorder due to bad weather, serious cheating behavior, food poisoning, or traffic accidents.China's national college entrance examination will be held on Monday, with more than 9.57 million examinees competing for 6.57 million places at nationwide universities and colleges.Because of the recent slew of attacks against students, boarding school teachers in south China' s Guangxi Zhuang Autonomous Region are required to walk students from their schools to the exam venues."The college entrance exam is a matter of great importance that demands joint efforts of relevant departments," Liu said.In Chongqing municipality, public security departments have inspected students' living areas around exam venues to ensure their safety.In Hubei province, relevant departments have completed a rehearsal using exam paper B in case that students are found cheating using exam paper A.In Jilin, an anti-cheating campaign has seized over 4,000 cheating device sets."We have organized a dozen expert teams, who are ready to handle nationwide emergencies and incidents," Liu said.In quake-hit Yushu of Qinghai Province, experts from the Ministry of Education have arrived to help hold the exam.A total of 9.57 million people have registered to sit for the exam this year. More than 68 percent of them will go into college. There are a total of 320,000 exam venues around the country.
LOS ANGELES, June 4 (Xinhua) -- U.S.-China relations are improving on the back of their need for mutual support after undergoing a rocky period earlier this year, U.S. Congressman Adam Schiff said here Friday.The bilateral relationship came under pressure due to U.S. arms sales to Taiwan, the ** Lama's U.S. visit and tensions in the Korean Peninsula, but the overall situation was good and the bilateral cooperation was at a very high level, the Democratic congressman from California told a Chinese press club luncheon.Schiff said he didn't think the current tensions on the Korean Peninsula would have a serious impact on U.S. relations with China.He said both countries needed each other's support in forums such as the six-party talks to resolve the issue of nuclear proliferation on the peninsular.The United States also needed China's cooperation in developing alternative and green energy. The two nations could not simply compete with each other on this front, but needed to learn from each other, he said.Schiff sponsored the Nuclear Forensics and Attribution Act to strengthen the U.S. Department of Homeland Security's efforts in developing techniques for "fingerprinting" nuclear material and encouraged U.S. President Barack Obama to negotiate international agreements to govern international nuclear forensics activities.Schiff is also leading the effort to combat intellectual property theft. He is a co-chair of the Congressional International Anti-Piracy Caucus, a bipartisan group of House and Senate lawmakers dedicated to working with America's international trading partners to secure the enactment of strong copyright laws as well as their vigilant enforcement.Schiff said Hollywood movies are popular in China and the movie industry is one of the few sectors enjoying a trade surplus.He said it was important for the U.S. to strengthen its efforts to fight piracy, admitting that in this field, the United States and China had many concerns.
MANILA, June 4 (Xinhua) -- Philippine President Gloria Macapagal Arroyo lauded bilateral friendship at a ceremony held here Friday to mark the 35th anniversary of the establishment of Chinese-Philippine diplomatic relations.Arroyo said "When I became President, I made June 9 every year Filipino-Chinese Friendship Day. In the past, I set aside June 9 to attend activities to my Filipino-Chinese Friendship Day in Manila. But this year, many of you will be with me in Shanghai to celebrate this occasion."She said, "Our geographical ties, our trade relationship, our family relationship dates back centuries before our diplomatic relations and even before our two republics were established." "We are family, China and the Philippines are family." "We are family, more than neighbors.""During my visits to China over the last nine years, I had the privilege of visiting many cities all over China, and was greeted with the highest-ranking officials, including President Hu Jintao, Premier Wen Jiabao, and former President Jiang Zemin," she said.Philippine President Gloria Macapagal Arroyo receives a gift at the soiree celebrating the 35th anniversary of diplomatic ties between the Philippines and China, in Manila, capital of the Philippines, June 4, 2010. China is now our third largest trading partner. China is also one of the fast growing sources of tourists for the Philippines. The Filipino businessmen have almost invested 3 billions U.S. dollars in China. Likewise, Chinese investments in the Philippines have also grown in the past decades.She also said "I may not be President next month, next year, and the years to come, but as congresswoman...Let me assure you that I remain committed as ever to promoting and further strengthening a solid partnership between our two countries."Chinese ambassador to the Philippines Liu Jianchao said, "More than 35 years ago, our two countries were still overshadowed by zero-sum Cold-War mentality. Today, exchanges and mutual understanding at all levels have reached breath and depth never seen before.He added that 35 years ago, China-Philippines trade volume was lingering around 72 million U.S. dollars. The figure spiked to a record-high at 30 billion U.S. dollars in 2007 and registered a quarter-on-quarter increase of more than 50 percent during the first three months of this year.The numerous exchange visits of artists, writers, journalists, teachers, performers and sportsmen between our two countries have fostered deeper understanding of our ways of life as well as friendship between the Chinese and Filipino peoples. Only through friendship and mutual respect, through understanding and acceptance of common and contrasting characteristics, can nations truly live in an atmosphere of amity and harmony.Alfons A. Uy, president of Federation of Filipino-Chinese Chambers of Commerce, said Chinese-Filipino partnership flourished and grew stronger with the signing of the Joint Communique establishing diplomatic relations between China and the Philippines in 1975."We will also continue to lead the Chinese-Filipino community in undertaking projects that would promote national growth and development," he said.The ceremony was jointly organized by the Federations of Filipino-Chinese Chambers of Commerce and Industry and other Chinese organs to mark the 112th Philippine Independence Day, the 35th anniversary of the Establishment of Diplomatic Relations between China and the Philippines and the 9th Filipino-Chinese Friendship Day.
SHANGHAI, May 1 (Xinhua) -- What will the future city look like?A statue hanging in the Pavilion of Future in Shanghai Expo Park describes the development of cities in a parabolic way."When the lights come on, the shadow of the statue, which looks like the skyline of New York City, appears on the white screen in front of visitors. And when the lights come from the right side, the shadow on the left screen looks like Shanghai skyline," says pavilion guide Ni Wenhua. A visitor stands in front of a giant electronic book in the Pavilion of Future at the World Expo Park in Shanghai, east China, on May 1, 2010. Shanghai World Expo park formally opened to public on Saturday. The Pavilion of Future invites visitors to imagine what cities will be like in the future through movies, books and sculptures. But the skylines come from unexpected materials -- city garbage, including refrigerators, tyres, bicycles, metal parts, and steering wheels."The statue is a warning that the development of cities should not be a process of polluting. It should a harmonious process of coexistence between people and the environment," Ni says.