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BEIJING, May 25 (Xinhua) -- China and the United States wound up the two-day 2nd China-U.S. Strategic and Economic Dialogue (S&ED) Tuesday, achieving consensus and even forging agreements in a number of areas of crucial significance for both sides as well as regional stability.It is obviously of the utmost importance the two sides tread the path of dialogue to build cooperation and mutual benefit, given the complicated but important nature of the bilateral relations.HIGH-LEVEL DIALOGUELeaders have acknowledged the vitality of the dialogue mechanism consisting of two tracks: economic and strategic, which was initiated last year by President Hu Jintao and his U.S. counterpart Barack Obama.Hu said when with U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner that he hoped the S&ED would play a greater role in boosting bilateral relations. U.S. Treasury Secretary Timothy Geithner, U.S. Secretary of State Hillary Clinton, Chinese Vice Premier Wang Qishan and Chinese State Councilor Dai Bingguo (L to R) attend a press conference of the second round of China-U.S. Strategic and Economic Dialogues in Beijing May 25, 2010"I hope the four special representatives and both teams will seriously implement the achievements, draw on their experiences, and strengthen the building of the mechanism so it can play a greater role," Hu said, referring to the leaders and ministers chairing the dialogue.Both Clinton and Geithner were special representatives of President Obama. They were joined by Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, both special representatives of President Hu.They achieved consensus on bilateral relations, facilitating global economic recovery, anti-protectionism in international trade, pushing forward financial reforms and important international affairs.The two dialogue partners also signed agreements covering trade, environment, energy and disease control at or on the sidelines of the S&ED, underscoring the value of the dialogue platform."The two teams worked hard to realize the vision" between Obama and Hu and that the two sides deepened cooperation in the second round of talks with the largest-ever delegation, Clinton said.Clinton told Hu when they met she appreciated the "substantial speech" he made at the opening session of the dialogues.President Obama once even drew on traditional Chinese wisdom of Mencius, a master of the Confucius school of teaching that has helped shape Chinese society, to illustrate the value of the high-level dialogue platform."A trail through the mountains, if used, becomes a path in a short time, but, if unused, becomes blocked by grass in an equally short time," Obama said at the opening of the 1st S&ED last year, quoting Mencius to compare the bilateral exchanges to blazing a path through the mountains.

YUSHU, Qinghai, April 15 (Xinhua) -- The death toll of China's Qinghai 7.1-magnitude earthquake rose to 589 as of 1:20 a.m. Thursday, according to the local quake-relief headquarters. The headquarters have dispatched relief work groups respectively in charge of rescue, quake survivors' daily life, detecting aftershocks and health and disease control.Rescuers work on the debris of a local vocational school after a quake in Yushu County, northwest China's Qinghai Province, April 14, 2010. About 589 people have died after a 7.1-magnitude earthquake hit Yushu early on Wednesday. Jia Yingzhong, Party secretary of the Yushu Tibetan Autonomous Prefecture called for all local cadres to make all-out effort in rescue and relief work. Those who fail to do the job will be sacked immediately, he said.

BEIJING, April 3 (Xinhua) -- China's Purchasing Managers' Index (PMI) of the non-manufacturing sector rose to 58.4 percent in March, a rebound of12 percentage points from February, when the index fell below the boom-bust line of 50 percent for the first time since a year earlier, an industrial association said Saturday.The PMI, designed to provide a real-time snapshot of business conditions, includes a package of indices including new orders, inventory levels, production and others that measure economic performance. A reading of above 50 percent suggests expansion, while one below 50 percent indicates contraction.The rise of the index indicated robust market activities in service sectors, which combined with an optimistic outlook that would encourage private investment and promote healthy and coordinated development of national economy, said the China Federation of Logistics and Purchasing (CFLP) vice president Cai Jin.According to the CFLP survey, the new order sub-index for China's non-manufacturing sector climbed to 54.6 percent last month, up 8.4 percentage points than February. The outlook sub-index was 70.4 percent, up 2.4 percentage points.The CFLP survey covers 20 non-manufacturing industries, including logistics, wholesale, hospitality, supermarkets and construction.The PMI for manufacturing sectors rose to 55.1 percent in March, the 13th straight month that the index was above 50 percent.

WASHINGTON, April 12 (Xinhua) -- Chinese President Hu Jintao said Monday that China would firmly stick to the path of reforming its currency exchange rate formation mechanism based on its own economic and social development needs.Hu said detailed measures for reform should be considered in the context of the world's economic situation, its development and changes, as well as China's economic conditions."RMB appreciation would neither balance Sino-U.S. trade nor solve the unemployment problem in the United States," Hu told U.S. President Barack Obama.Chinese President Hu Jintao (L) meets with U.S. President Barack Obama in Washington April 12, 2010. President Hu Jintao arrived in Washington on Monday to attend the Nuclear Security Summit slated for April 12-13.The Chinese leader said his country does not intend to pursue a trade surplus over the United States.China would like to take additional measures to increase imports from the United States, Hu said, urging the United States to loosen its export control over high-tech products so that exports to China could be increased.He expressed the hope that trade frictions between the two countries can be solved through negotiations so that Sino-U.S. economic and trade cooperation can be maintained.President Hu also said the advancement of Sino-U.S. economic and trade ties, an important part of the two countries' relations, would benefit not only China, but also the United States, as well as the world's economic development.

NANNING, June 3 (Xinhua) -- The death toll from rain-triggered landslides and flooding in south China's Guangxi Zhuang Autonomous Region rose to 44 Thursday.Eight people were still missing, said a statement from the regional flood control and drought relief headquarters.In Rongxian County alone, the death toll climbed to 27 after four more bodies were recovered Thursday.In Cenxi County, 12 people were confirmed dead as of Wednesday night.Three deaths were reported in Tengxian County, Donglan County and Fangchenggang City.Rescuers search for trapped persons in Beigeng Township, Xincheng County, south China's Guangxi Zhuang Autonomous Region, June 3, 2010.Two primary school students, sisters aged 8 and 10, had been found drowned in Laibin City where flooding forced many schools to suspend classes.More than 600 residents in two villages in Laibin had been evacuated because of land subsidence Thursday. Four pits and cracks were reported near the villages, with the biggest having a diameter of more than 70 meters and depth of 20 meters.Increased water flow in underground rivers in wake of the torrential rains could have caused the subsidence, a Laibin municipal government official said.Heavy rains began pounding Guangxi Monday and triggered landslides early Wednesday.Across Guangxi, the rainstorms had battered 27 counties and 144,800 people had been evacuated by 4 p.m. Thursday, the regional civil affairs bureau said.In addition, 8,123 houses had collapsed and 161,830 hectares of crops had been damaged. The direct economic losses were estimated at 1.2 billion yuan (176 million U.S. dollars).