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BEIJING, Jan. 3 (Xinhua) -- A survey conducted by an information center affiliated to Beijing's commerce bureau revealed that retail sales jumped at more than 3,500 stores in the Chinese capital during the 3-day New Year holiday ending Monday, nearly reaching 2.5 billion yuan (about 378 million U.S. dollars), up 17.1 percent from the same period last year.The Beijing Commercial Information Consultation Center surveyed 3,568 stores in Beijing regarding their sales volumes during the past three days, finding that various holiday promotions had brought notable results, pushing up sales to over 2.49 billion yuan.The survey results also showed that consumers in Beijing were passionate about buying gold, since gold prices have kept rising during the past year. Consumers buy gold for investment purposes or to preserve their personal wealth amid the rising Consumer Price Index.Sales volumes at the Caishikou Department Store, which is famous for its gold products, surged 64.1 percent during this holiday from one year earlier.Besides gold, consumers also showed great interest in rabbit-figured toys and commodities with rabbit pictures on them, as 2011 is the year of rabbit in traditional Chinese culture.

LONDON, Jan. 10 (Xinhua) -- Visiting Chinese Vice Premier Li Keqiang met with British Prime Minister David Cameron on Monday afternoon to discuss bilateral ties.The meeting was held at No. 10 Downing Street, official residence and office of the prime minister, and lasted about one hour.The development of Sino-British relations has kept a good momentum since Britain's coalition government took office. The new British government has continued to pursue a positive China policy, and bilateral relations have achieved a smooth transition and sustainable development.China and Britain have maintained close high-level contacts and deepened their strategic mutual trust.Chinese Vice Premier Li Keqiang (R) meets with British Prime Minister David Cameron in London, Britain, Jan. 10, 2011. In November 2010, Prime Minister Cameron led the largest-ever British delegation to China, and leaders of both countries reached important consensus on further enhancing mutual political trust and promoting cooperation in various fields.Economic and trade cooperation between Britain and China has been booming. Bilateral trade reached 40.2 billion U.S. dollars between January and October last year, an increase of 30 percent over the same period of 2009 and also a record high for the same period.Li, who arrived here on Monday, met with Deputy Prime Minister Nick Clegg earlier in the afternoon. He is also expected to meet with Chancellor of the Exchequer George Osborne and Foreign Secretary William Hague.Britain is the last leg of Li's three-nation European tour, which has already taken him to Spain and Germany.

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.

Amman, Nov. 10 (Xinhua) -- Jordanian King Abdullah II on Wednesday met with Xu Caihou, vice chairman of China's Central Military Commission, who is on his Middle East trip to boost ties with Arab countries. They discussed bilateral and regional matters of common concern during the meeting.The Jordanian king said China is an old friend of Jordan. The two countries have a lot of common interests and share similar views on various international issues. China and Jordan are cooperating well in large construction projects, industries and defense and securities.The king also conveyed his gratitude for China's economic and political supports to Jordan, and stressed that the two countries should further strengthen their exchanges and cooperation in all aspects. Jordanian King Abdullah II (R) meets with Xu Caihou, vice chairman of China's Central Military Commission, in Amman, Jordan, Nov. 10, 2010.For his part, Xu said that Jordan is China's important trade partner and thanked the king for his country's supports to China for issues related to Taiwan, Tibet and Xinjiang.On the other hand, China supports the just cause of the Arab states, and backs Jordan's role in the process of achieving fair and lasting peace in the Middle East, said the Chinese official.Xu arrived in Amman on Wednesday for a three-day visit. Jordan is the last leg

BEIJING, Dec. 8 (Xinhua) -- China's Ministry of Finance said here Wednesday that it will sell a batch of 30-year long-term book-entry treasury bonds this week at a yield of 4.23 percent.The bonds, with a total face value of 28 billion yuan (about 4.2 billion U.S. dollars), will be sold over five days starting Thursday, said the ministry in a statement on its website.The bonds are the 40th batch of the kind to be sold by the ministry this year, and will be the fifth batch of 30-year T-bonds the ministry has sold this year.The bonds will become tradable on Dec. 15 through the national inter-bank bond market and over the counter at designated commercial banks. Interest will be paid every half year.

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