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BEIJING, Jan. 12 (Xinhua) -- The Chinese yuan strengthened to a record high against the U.S. dollar on Wednesday to reach 6.6128 per dollar.The central parity rate of the Chinese currency, also known as the renminbi (RMB), was set 88 basis points lower than Tuesday's 6.6216, according to the China Foreign Exchange Trading System.China's central bank announced on June 19, 2010, it would further reform the yuan exchange rate formation mechanism to improve its flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.The central parity rate of the 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 each business day.

BEIJING, Nov. 26 (Xinhua) -- Chinese Foreign Minister Yang Jiechi met with Chi Jae Ryong, Ambassador of the Democratic People's Republic of Korea (DPRK) to China, and held phone conversation with U.S. Secretary of State Hillary Clinton and ROK Foreign Minister Kim Sung-hwan on Friday.They exchanged views on issues including the situation of the Korean Peninsula, according to a statement released Friday night by the Chinese Foreign Ministry.Yang said China gives utmost attention to the exchange of fire between the DPRK and the ROK which happened days ago, and is very concerned about the development of the situation.The DPRK and the ROK should exercise calm and restraint, engage in contacts as soon as possible, and solve problems through negotiations and dialogue, Yang said."The pressing task now is to put the situation under control and prevent a recurrence of similar incidents," he said.Parties related should actively work for peace and facilitate talks, jointly safeguard peace and stability of the Korean Peninsula while adopting responsible attitudes, Yang said.Parties involved should work together for an early restart of the six-party talks, and push forward denuclearization process of the Korean Peninsula, Yang said.The DPRK, the ROK and the U.S. sides elaborated on their views on the current situation, and expressed the importance they attached to China's stance and their willingness to maintain contacts with the Chinese side.The ROK and the DPRK exchanged artillery fire Tuesday in waters off the west coast of the Korean Peninsula, leaving four people dead.China on Friday also voiced its opposition to any military acts in its exclusive economic zone without permission, days before a joint military exercise between United States and ROK on the Yellow Sea."We hold a consistent and clear-cut stance on the issue. We oppose any party to take any military acts in our exclusive economic zone without permission," Foreign Ministry spokesman Hong Lei said in a statement Friday.

TAIPEI, Dec. 17 (Xinhua) -- Procedures of cross-Strait talks had become more "simplified" and the results "more tangible" after five talks over the last two-and-half years, said chairman of the Taiwan-based Straits Exchange Foundation (SEF) Friday in Taipei.Chiang Pin-kung told a press conference that the Chinese mainland and Taiwan were expected to sign a medical and health cooperation agreement at the upcoming talks between the SEF and the mainland's Association for Relations Across the Taiwan Straits (ARATS), scheduled Tuesday.Regarding a cross-Strait investment protection agreement, he said the two sides had "reached a preliminary consensus" on it, but still needed time to further exchange views since it was "complicated" and "concerned a wide range of issues."The investment protection agreement is an important part of the follow-up negotiations after the cross-Strait Economic Cooperation Framework Agreement (ECFA) took effect in September.Chiang said the SEF and the ARATS would "continue to discuss" it in order to reach a deal as soon as possible, as "it is related to people's interests."The talks will be the sixth round since the two organizations, authorized by the mainland and Taiwan to handle cross-Strait affairs, resumed negotiations in June 2008 after an 11-year suspension.About 560 reporters, including more than 400 from Taiwan, 60 from the mainland, as well as those from Hong Kong, Macao and foreign countries, will cover the event.Chiang said a mainland delegation, led by the ARATS executive vice president Zheng Lizhong, was scheduled to arrive in Taipei on Sunday and would hold a preparatory negotiation with SEF vice chairman and secretary general Kao Koong-lian, to decide the agenda of the talks.ARATS president Chen Yunlin and his wife are expected to arrive in Taipei Monday morning. The two sides are scheduled to hold talks on Tuesday morning and sign the medical and health cooperation agreement in the afternoon.Chen and his wife will also visit Taipei's National Palace Museum and the Taipei International Flora Expo, before leaving Wednesday noon.Chiang said next year would mark the 20th anniversary of the SEF's establishment. "The development of cross-Strait relations is hard-won, and the cross-Strait talks are a reflection of people first, care for people's livelihoods and mutual benefits."

BERLIN, Jan. 6 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang said here Thursday that China and Germany should join hands in expanding economic cooperation to achieve mutual benefits.Speaking at a dinner with German and Chinese business representatives, Li said that China has the capability and condition to maintain steady and relatively fast economic growth in the long run.But he added China is still a developing country and that it needs to make long-term and strenuous efforts to achieve its modernization goals and enable all the Chinese people to enjoy the benefits of economic and social development.On China-Germany relations, Li said that the two countries, through close cooperation and coordination, have achieved an early and robust recovery from the global financial crisis.Chinese Vice Premier Li Keqiang delivers a speech during an evening dinner with Chinese and German business people in Berlin, Germany, Jan. 6, 2011. He noted bilateral trade is expected to exceed 140 billion U.S. dollars last year, 30 times more than that of 1990.The Chinese leader said both sides should broaden fields of cooperation and set up new mechanism of collaboration.The two countries should not only deepen cooperation in traditional areas like machinery, chemical industry and automobile industry, but also explore new cooperation in new energy, new material, energy efficiency, environmental protection, low-carbon technology and green economy, Li said.He called for more two-way investment, adding that bilateral trade still has great potential for further expansion.Li also expressed the hope that Germany keeps its market open and opposes trade protectionism along with China.He said that China will take a more open attitude to the outside world, and will continue to improve investment environment, and provide a fair, stable, orderly, transparent and predictable market environment for all foreign companies in China.While stressing that both sides should expand technological cooperation, Li urged Germany to simplify visa procedures for Chinese businesspersons, and to help relax European Union (EU) restrictions on high-tech exports to China.In addition, the two sides should intensify cultural and people-to-people exchanges, laying a more solid foundation for bilateral ties, Li said.Stressing that China attaches great importance to its relations with the EU, Li said China wants to see a united and prosperous EU, and hopes to promote political mutual trust, deepen pragmatic cooperation with the bloc and push forward the Sino-EU comprehensive strategic partnership to a higher level.Li expressed confidence that Europe will overcome its current economic and fiscal difficulties, and maintain its economic stability and healthy growth.Earlier on Thursday, Li met with German Economy Minister Rainer Bruederle.The German minister pledged to advance Germany-China economic ties and invited China to be the partner country of the Hannover Fair 2012, the world's largest industrial fair.Accepting the offer, Li said that China is willing to use the platform to showcase "made-in-China" products and boost exports of Chinese manufactured goods.The Chinese vice premier arrived in Berlin earlier in the day, kicking off a four-day official visit to Germany. He is due to hold talks with German Chancellor Angela Merkel and meet President Christian Wulff and Foreign Minister Guido Westerwelle on Friday.Before arriving in Germany, Li had visited Spain. He will later travel to Britain, the last leg of his three-nation European tour.

BEIJING, Dec. 6 (Xinhua) -- Chinese credit rating firm Dagong Global Credit Rating assessed the sovereign credit rating of Ireland at BBB in its third sovereign or regional credit rating report released Monday.Dagong's credit rating of Ireland is lower than that given by Moody's, Standard and Poor's and Fitch."Dagong made its assessment based on factors such as Ireland's increasing debt level, the administrative capability of its government, economic and financial strength," Dagong Global said.Dagong Global's announcement follows the proposed 85-billion-euro bailout of debt-hit Ireland by the European Union and the International Monetary Fund.Dagong's report also rated four other nations - Finland, Uruguay, Kenya and Sudan.In terms of domestic currency-denominated debt, Finland received the firm's top AAA rating, but with a negative outlook.Uruguay was rated BB-plus while Kenya received a B rating.Sudan was rated C, the nation's first sovereign credit rating.Dagong Global uses a three-level assessment system, with each level containing three sub-levels. For example, AAA, AA and A.The rating agency published sovereign credit ratings in two earlier reports. One on July 11 rated 50 countries. The second on October 20 rated nine countries and regions.Founded in 1994, Dagong Global is a pioneer in the rating of industry, region and sovereign debt. It is also a leading credit rating firm for corporate bonds, financial bonds and structured debt.

来源：资阳报