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WASHINGTON, June 19 (Xinhua) -- The International Monetary Fund's chief Dominique Strauss-Kahn on Saturday welcomed China's decision to further reform its exchange rate mechanism and said that the move will benefit Chinese consumers.China's announcement is "a very welcomed development," Strauss-Kahn said in a statement.The move "will help increase Chinese household income and provide the incentives necessary to reorient investment toward industries that serve the Chinese consumer," he said.The People's Bank of China, China's central bank, earlier on Saturday announced a decision to proceed further with the reform of the exchange rate regime to enhance the flexibility of the RMB's exchange rate.

CANBERRA, June 22 (Xinhua) -- Chinese Vice President Xi Jinping met here on Tuesday with Australian Governor-General Quentin Bryce.During the talks, Xi said he had exchanged views with a wide range of leaders and entrepreneurs in Australia during his trip, reaching comprehensive consensus on deepening cooperation on politics, trade, science and technology, education and tourism.Earlier this month, Bryce herself had paid a visit to China, attending the ceremony of "Australian Pavilion Day" at the Shanghai Expo and hosting the opening ceremony for "Australian Culture Year."Xi praised that such moves showed that the Governor-General attaches great importance to developing relations with China.Chinese Vice President Xi Jinping (L) meets with Australian Governor-General Quentin Bryce in Canberra, Australia, June 22, 2010.Xi said both China and Australia are two important nations in the Asia-Pacific region, and both share common interests in safeguarding the peace and stability in the region and pushing forward the regional and global economic growth.The vice president said the Chinese government is willing to join hands with Australia to enhance dialogue, expand consensus, increase mutual trust and explore cooperation, so as to achieve more progress in developing bilateral relations and bring more blessing to people in two countries.Bryce said Xi's current visit has conveyed important signal that Chinese people attach importance to the relations with Australia, demonstrated the depth of the bilateral relations and set the direction for future efforts.Earlier on Monday, Xi and Australian Prime Minister met business leaders from China and Australia who attended a CEO roundtable meeting in Canberra.Later on Tuesday afternoon, Xi and the Chinese delegation flew from Canberra to Darwin, the last leg of his Australian trip.

BEIJING, July 15 (Xinhua) -- German Chancellor Angela Merkel arrived here Thursday night, starting a four-day official visit to China.During Merkel's stay in Beijing, Chinese President Hu Jintao will meet with her. Chinese Premier Wen Jiabao will hold talks with her. And Chinese Vice President Xi Jinping will also meet with her.Besides Beijing, Merkel will pay a visit to Xi'an in northwest China's Shaanxi Province.In 2005, Merkel became the first female chancellor of Germany and was reappointed in 2009.Merkel has made four visits to China--as minister for environment, nature protection and reactor safety in August 1997; and as chancellor in May 2006, August 2007 and October 2008.

ULAN BATOR, Aug. 3 (Xinhua) -- A group of children from China's earthquake-stricken Qinghai province arrived in Mongolia on Tuesday for an eight-day visit.A ceremony was held at the Nairamdal international children's center, 27 km from the capital city of Ulan Bator, to welcome the 59 children and youngsters from Qinghai in western China, which was hit by a major earthquake in April.Prime Minister Batbold Sukhbaatar invited the children from the quake-hit region for a visit in early June when Chinese Premier Wen Jiabao visited Mongolia.Last year, 60 children from China's southwestern Sichuan province, which was also hit by a deadly earthquake in 2008, visited Mongolia at the invitation of then Prime Minister Bayar Sanjaa.