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ISTANBUL, Oct. 8 (Xinhua) -- Chinese Premier Wen Jiabao met with Turkish President Abdullah Gul here Friday on bilateral relations.Wen said China and Turkey have witnessed frequent high-level bilateral exchanges, steady growth of economic, trade and investment cooperation, and good cooperation in regional and international affairs since the establishment of diplomatic ties between the two countries.The establishment of a strategic relationship of cooperation, which the two sides agreed upon Friday, is in the fundamental interests of the two countries and the peoples and is beneficial to world peace and development, he said. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.Wen said China is willing to work together with Turkey on the implementation of the important consensus and agreeements that the two sides have reached to turn a new chapter in bilateral relations.Gul said Wen's successful visit to Turkey is sure to bring bilateral relations to a new level.He reiterated Turkey's adherence to the one-China policy.The Turkish president said that he saw great potential in the bilateral economic and trade cooperation and that Chinese enterprises are welcome to be involved in Turkish economic development.Gul said mutual understanding between the two peoples is very important and he hoped that the two countries will celebrate the 40th anniversary of the establishment of diplomatic ties next year with further expansion of bilateral cultural exchanges and tourism cooperation.Wen arrived in Turkey Thursday on a three-day official visit at the invitation of Prime Minister Recep Tayyip Erdogan.
BEIJING, Oct. 15 (Xinhua) -- The value of yuan, China's currency Renminbi, strengthened for a third consecutive day against U.S. dollar Friday as the central parity rate of the yuan was set at 6.6497 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Friday's central parity rate beat the previous record of 6.6582 on Oct. 14.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 Friday's central parity, the Chinese currency has strengthened against the U.S. dollar by about 2.65 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 9.3259 Friday, higher from 9.3491 on Oct. 14, the previous trading day.The yuan's rate against 100 yen was 8.1531 Friday, compared with 8.1611on Thursday.The yuan's rate against the British pound was 10.6305, compared with 10.6192 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.
BEIJING, Oct. 18 (Xinhua) -- Following is Xinhua's translation of the full text of the Communique of the Fifth Plenum of the 17th Central Committee of the Communist Party of China (CPC), which was passed on Oct. 18:Communique of the Fifth Plenum of the 17th Central Committee of the Communist Party of China(October 18, 2010)The Fifth Plenum of the 17th CPC Central Committee was held in Beijing from October 15 to 18, 2010.Present at the plenum were 202 members and 163 alternate members of the CPC Central Committee. Members of the Standing Committee of the CPC Central Commission for Discipline Inspection and leading officials of relevant departments attended the meeting as non-voting delegates. Some delegates to the 17th CPC National Congress, including a few from the grass roots and a few experts and scholars, also attended the meeting as non-voting delegates.The plenum was presided over by the Political Bureau of the CPC Central Committee. Hu Jintao, General Secretary of the CPC Central Committee, delivered an important speech at the plenum.The plenum listened to and discussed the working report delivered by Hu Jintao, who was entrusted by the Political Bureau of the CPC Central Committee, and adopted the "CPC Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015)". Wen Jiabao made an explanatory speech on the draft proposal to the plenum.The plenum fully recognized the work of the Political Bureau of the CPC Central Committee since the Fourth Plenum of the 17th CPC Central Committee. The plenum unanimously agreed that the Political Bureau of the CPC Central Committee, faced with the fallout of the international financial crisis and sweeping changes in international and domestic landscapes, has thoroughly implemented the guidelines of the 17th CPC National Congress and the First, Second, Third and Fourth plenums of the 17th CPC Central Committee, held high the great banner of socialism with Chinese characteristics, and followed the guidance of the Deng Xiaoping Theory and the important thought of the "Three Represents," and comprehensively implemented the Scientific Outlook on Development. The Political Bureau of the CPC Central Committee has united and led the whole Party, military and Chinese people of all ethnic groups to celebrate the 60th anniversary of the founding of the People's Republic of China, effectively implement the stimulus package to counter repercussions of the international financial crisis, improve macro-regulation in a targeted manner, consolidate achievements in fighting the international financial crisis, accelerate the transformation of the economic growth mode, maintain stable and relatively rapid economic development. The Political Bureau of the CPC Central Committee has united and led the whole Party, military and Chinese people of all ethnic groups to make efforts to ensure and improve people's livelihoods, effectively cope with severe natural disasters such as the Yushu earthquake in Qinghai province and the Zhouqu mudslide in Gansu province, successfully accomplish the campaign of learning in-depth the Scientific Outlook on Development by all Party members and successfully host the Shanghai World Expo. The plenum agreed that remarkable progress had been made in various works and programs of the Party and the nation.
BEIJING, Sept. 18 (Xinhua) -- Chinese Vice President Xi Jinping has urged accelerating research and development of low-carbon technology and mass participation to fulfill national energy saving and emission reduction targets."The global climate change is deeply affecting human beings' living and development. Our country, now in a stage of fast industrial and urban development, is facing obvious environmental pressure," Xi said here Saturday while attending activities to mark this year's National Science Popularization Day.The theme of Saturday's activities is "saving energy and resources, protecting ecological environment and ensuring safety and health."Chinese Vice President Xi Jinping (C) visits solar energy utilization technology while attending activities to mark the National Science Popularization Day in Beijing, capital of China, Sept. 18, 2010.Xi urged the whole society to continue energy-saving and emission-reducing campaigns and support the country's policies on climate change.In addition, Xi urged the country's youth to put forward more ideas for low-carbon life style and contribute their own green inventions.
BEIJING, Oct. 18 (Xinhua) -- There will be unrelenting efforts to crack down on activities such as illegal financing and pyramid selling by insurance agents, the China Insurance Regulatory Commission (CIRC) said Monday.The CIRC issued the statement on its website after two cases came to the attention of the insurance regulatory bureaus in Liaoning and Zhejiang provinces.In Liaoning, He Feng, head of the Chende Insurance Agent Company, was detained for collecting capital at high interest rates. In Zhejiang, the license of the Hangzhou Minfeng Insurance Agent Company Limited was canceled for luring policyholders by exaggerating prospective earnings.The CIRC reminded the public not to be misled by similar claims and encouraged them to report illegal activities to reduce their losses.