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BEIJING, Feb. 25 (Xinhua) -- China defended its move to reduce its holdings of U.S. Treasury securities, saying the United States should take steps to promote confidence in U.S. dollar .Foreign Ministry spokesman Qin Gang made the comment Thursday when responding to questions on China's sale of U.S. Treasury securities last December.Qin said the issue should be viewed from two perspectives.He said on the one hand, China always followed the principle of "ensuring safety, liquidity and good value" in managing its foreign exchange reserve. And when it came to how much and when China buys the bonds, the decision should be made taking into account the market and China's need, so as to realize rational deployment of China's foreign exchange property, he said.And on the other hand, the United States should take concrete steps to beef up the international market's confidence in the U.S. dollar, Qin said.The way to view the issue was similar to doing business, he said.China trimmed its holdings of U.S. debt by 34.2 billion U.S. dollars in December 2009, leaving Japan the largest holder of U.S. Treasury securities, the U.S. Treasury Department reported on Feb. 16.As of the end of November last year, China held 789.6 billion U.S. dollars of U.S. Treasury bonds.

BEIJING, Feb. 14 (Xinhua) -- A cold front is expected to sweep the northern part of China over the next three days, bringing strong wind and a temperature drop, the China Meteorological Administration (CMA) said Sunday.Small to moderate snow or sleet is forecast in the northern and southwestern part of Xinjiang Uygur Autonomous Region, western Tibet Autonomous Region and the northeastern part of China.The cold front will cause a temperature drop of four to six degrees Celsius since Feb. 15 in central and eastern parts of Inner Mongolia Autonomous Region, north China and northeastern China.The central and the eastern part of China will see a temperature drop of three to five degrees Celsius.Areas in Hunan and Guizhou provinces would expect freezing rain over the following three days.The CMA also said the blizzard condition which had stricken eastern Jiangsu and Zhejiang provinces had eased to small to moderate snow or sleet.The National Meteorological Center had cleared the blizzard warning by 6 p.m. Sunday, 24 hours after the issuance, the CMA said.

SANYA, Hainan, March 21 (Xinhua) -- A senior Chinese official said here Sunday more efforts should be made to further integrate tourism and culture so as to achieve greater development of the industries.Liu Yunshan, a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks at the 2010 Boao International Tourism Forum in Sanya, a tourist resort in south China's Hainan Province.Global tourism was experiencing drastic adjustment along with the world economy's profound changes, while connections between tourism and culture had been increasing, he said.Integrated development of the two industries was an inevitable demand of the times when economic development came to a certain level, which offered huge potential for the tourism industry, said Liu.It was important to stick to opening-up and cooperation in promoting the tourism and culture industries, Liu said."The Chinese government has made the decision to build Hainan into an international tourism island, which demands more efforts to further expand opening-up and explore integration of tourism and culture, making Hainan a key platform for economic cooperation and cultural exchanges between China and foreign countries," Liu said.The two-day forum, under the theme of "transformation of tourism and cultural industries in the aftermath of the global economic crisis," attracted delegates from more than 50 countries and regions, as well as executives of world tourism organizations such as the United Nations World Tourism Organization and the World Travel and Tourism Council.

BEIJING, Jan. 28 (Xinhua) -- A draft regulation on expropriation of houses and relevant compensation is expected to be made public Friday to solicit comments.China's Legislative Affairs Office of the State Council, or cabinet, is going to release the full text of the draft on its website, www.chinalaw.gov.cn.The draft spells out the conditions, due process and compensation of expropriation intended for public interest, such as national defense, key national projects of energy, transportation and education.The draft says local government should, by holding hearings or adopting other opinion soliciting methods, ensure that the public opinions can be heard.The draft also provides that compensation to the house owners should not be less than the market price of similar houses.The draft stresses that no violence, coercion, or other illegal means, such as cutting off the water or power supply of the houses, can be employed in demolition procedures.Demolition for the need to upgrade the quality of dangerous and old buildings should not be carried out without the approval of 90 percent of the house owners, the draft says.The public is invited to comment on the draft regulation any time before Feb. 12 via online postings, email or letters.

BEIJING, March 1 (Xinhua) -- China's top political advisor Jia Qinglin on Monday urged political advisors to offer practical suggestions to the country's pressing task of coping with climate change.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), a political advisory body, made the call as he presided over a lecture given to the Standing Committee of the 11th CPPCC National Committee.Xie Zhenhua, Vice Minister of the National Development and Reform Commission (NDRC) and one of China's leading negotiators for climate change talks, gave committee members a lecture about key climate change issues and China's stands on them.The lecture is aimed at helping the members, whose main duty is to use their expertise to give suggestions to policy makers, to familiarize with and pay more attentions to the issue.Jia said while the global climate change is a major challenge for all countries, China's handling of the issue could impact on the country's overall economic and social development as well as the people's interests.Jia asked the members to conduct further studies in accelerating the adjustment of economic growth mode, industrial and energy structure, and controlling greenhouse gas emissions so as to offer advice to help the country to cope with problems in its development.