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BEIJING, Jan. 25 (Xinhua) -- A senior Chinese official has encouraged the country's young jurists to more actively participate in the country's legislative process and better serve the practice of law enforcement.Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks in meeting with outstanding youth law science experts on Tuesday in Beijing.Zhou said young experts on law science should pay more attention to practical problems in China's legal construction and propose more insights, advice and suggestions.Young experts should study more problems encountered by common people and better serve the people with their knowledge, Zhou said.Ten experts on law science from the Renmin University of China, China University of Political Science and Law and other universities and Chinese Academy of Social Sciences were awarded the honor of national outstanding young jurists by the China Law Society.

BEIJING, Feb. 9 (Xinhua) -- The Chinese currency, or the yuan, rose to a new high of 6.585 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trading System.The central parity rate of the RMB, or the yuan, was 10 basis points higher than the previous record of 6.586 set on Feb. 1, the previous trading day.The yuan appreciated 3.6 percent last year, but some analysts predict it could rise further against the dollar this year as the People's Bank of China (PBOC), the central bank, attempts to cool accelerating inflation.The PBOC announced Tuesday it would raise the benchmark one-year borrowing and lending rates by 25 basis points from Wednesday.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 prices before the opening of the market each business day.

BEIJING, Feb. 13 (Xinhua) -- China will impose tax on the one-off subsidy to people taking early retirement, the State Administration of Taxation (SAT) said Sunday.The SAT said the early retirement subsidy, which is not tax-free retirement income, should be imposed with personal income tax.However, the tax will be calculated after the subsidy is divided by the months between the date of the completion of retirement formalities and the corresponding legal retirement date, the SAT said.

ABU DHABI, Feb. 10 (Xinhua) -- China is willing to deepen friendship, broaden cooperation, and enhance coordination with the United Arab Emirates (UAE) in international and regional affairs, visiting Chinese Foreign Minister Yang Jiechi said Thursday.During a meeting with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan, Yang said China and the UAE have witnessed in recent years rapid development in their bilateral ties, with closer high-level contacts, increasingly strengthened mutual political trust, fruitful cooperation in such areas as trade and economy, and broadened cultural exchanges.China has praised the UAE's support in Xinjiang-related and human rights issues, he added.For his part, Sheikh Mohammed said the UAE-China relations are currently at an important period of in-depth development and faced with good opportunities.The UAE attaches great importance to its relations with China and hopes to cement the traditional friendship between the two countries and develop pragmatic cooperation in various fields, he added.Sheikh Mohammed said the UAE expects that China will continue to play a positive role in international and regional affairs.Earlier in the day, Yang also met with his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. Both sides reached broad consensus after exchanging views on bilateral ties and regional issues of common concern.The Chinese foreign minister arrived in the UAE capital of Abu Dhabi late Wednesday for an official visit to the Gulf nation.

CHICAGO, Jan. 21 (Xinhua) -- Chinese President Hu Jintao left Chicago for China on Friday after concluding a state visit to the United States, during which he and his U.S. counterpart Barack Obama agreed to build a China-U.S. cooperative partnership based on mutual respect and mutual benefit.Hu, who began his four-day visit Tuesday, had extensive and in-depth discussions with Obama at the White House on Wednesday on major bilateral, regional and world issues.Chinese President Hu Jintao shakes hands with U.S. President Barack Obama during a bilateral meeting at the White House in Washington, the United States, Jan. 19, 2011.The two sides reached "important agreement on China-U.S. relations and major international and regional issues of shared interests," the Chinese president said when he and Obama met the press following their discussions."We both agree to further push forward the positive, cooperative and comprehensive China-U.S. relationship," Hu said, adding that both sides also pledged to forge "a China-U.S. cooperative partnership based on mutual respect and mutual benefit" for the benefit of the two countries and beyond.