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BEIJING, Sept. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang said China is strengthening protection of intellectual property rights and making efforts to create a good investment environment for foreign companies.Li made the remarks when meeting with Chairman of Microsoft Corporation Bill Gates in Beijing on Monday.He said China is speeding up the transformation of its economic development pattern and endeavoring to upgrade the quality and efficiency of its economic growth.The Chinese government attaches importance to the role of information technology in altering traditional industries and improving people's lives, he said.With nearly 400 million internet users, China is the world's biggest information products market, the vice premier said.He also said he believes Microsoft and other relevant foreign companies have bright prospects in China.Bill Gates said Microsoft and the Bill and Melinda Gates Foundation will further strengthen cooperation and exchange with Chinese companies and organizations.

BEIJING, Oct. 8 (Xinhua) -- Chinese shares advanced to a five-month high Friday on the gains of gold producers and nonferrous metals.The benchmark Shanghai Composite Index rose 3.13 percent, or 83.09points, to close at 2,738.74.The Shenzhen Component Index gained 3.86 percent, or 442.83 points, to end at 11,911.37.Combined turnover stood at 283.42 billion yuan (42.43 billion U.S. dollars), up from 183 billion yuan the previous trading day.Gainers outnumbered losers by 814 to 41 in Shanghai and 1,025 to 47 in Shenzhen.Most Chinese stocks proved resilient Friday after the stock markets were closed from Oct. 1 to 7 for the annual National Day holiday.Gold producers rallied Friday after international gold prices hit a record during the Chinese holiday as investors sought an alternative investment to the U.S. dollar, which slid to an eight-month low against the euro on Thursday.Zijin Mining Group, China's largest gold producer, surged by the 10- percent daily trading limit to end at 8 yuan per share. Shandong Gold Mining, a big producer of gold based in east China's Shandong Province, rose by the daily limit of 10 percent to 61.46 yuan in Shanghai.Nonferrous metals also posted widespread gains after copper rose to 8,326 U.S. dollars per metric ton on the London Metal Exchange on Wednesday, the highest level since July 2008.Jiangxi Copper Co., the country's leading copper producer, jumped 9.9percent to 34.23 yuan per share while Yunnan Copper Co. gained 9 percent to 24.52 yuan per share.Other energy and raw materials stocks also rebounded Friday because of international commodity gains during the weeklong holiday.China Shenhua Energy Co., China's biggest coal producer, climbed 9.28 percent to 25.8 yuan. PetroChina Co. rose 2.85 percent to 10.47 yuan per share.

LISBON, Nov. 8 (Xinhua) -- Chinese President Hu Jintao's two-day visit to Portugal is believed to help turn a new page in bilateral relations.Portuguese President Anibal Cavaco Silva, who extended a sincere welcome to his Chinese counterpart, said the visit was of great importance and would push forward bilateral cooperation and friendship.Hu wound up his visit to Portugal on Sunday.Apart from Silva,

JERUSALEM, Oct. 13 (Xinhua) -- Visiting Chinese Middle East envoy Wu Sike on Wednesday met with Israeli Deputy Prime Minister Dan Meridor in Jerusalem. They discussed Sino-Israeli relations and the current status of the Middle East peace process.China has consistently advocated that all concerned parties settle their differences through negotiations, and achieve comprehensive peace in this region, said Wu. The direct talks between Israel and the Palestinians, which started early September, is an important opportunity in the peace process, and has firm support from China, he added.Wu said that China is deeply concerned about the present stalemate in the talks. Chinese government calls for efforts from all parties to show flexibility and compromise on various issues, including settlement construction, so as to put the negotiation back on track, reach a final-status agreement, and realize peaceful coexistence between Israel and the Palestinians, he said.Meridor speaks highly of the active role China has played in promoting the Middle East peace process. Israel is now working to achieve the two-state solution, he said, adding that his government is willing to coordinate with other parties and find a solution to break the deadlock in direct talks.Israel is the second leg of Wu's Middle East tour, which will take him also to Palestinian territories, Egypt and Turkey.Israel and the Palestinians resumed direct negotiations on September 2 in the United States. However, the talks were halted when Israeli settlers restarted building in the West Bank after Sept. 26, when a 10-month settlement freeze ended. The Palestinian National Authority has made clear that it will enter the parley only if Israeli government extends the moratorium.

BEIJING, Oct. 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), dropped 43 basis points Tuesday to 6.6775 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.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 2.19 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 9.2574 Tuesday, higher from 9.3215 on Oct. 11, the previous trading day.The yuan's rate against 100 yen was 8.124 Tuesday, compared with 8.1276 on Monday.The yuan's rate against the British pound was 10.6042, compared with 10.6311 on the previous trading day.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.

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