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BEIJING, Nov. 17 (Xinhua) -- China and the United States will more vigorously promote cultural exchanges between the two nations and their people, and send more students to each other's country to study, a joint statement said here on Tuesday.     "The two sides noted the importance of people-to-people and cultural exchanges in fostering closer China-U.S. bilateral relations and therefore agreed in principle to establish a new bilateral mechanism to facilitate these exchanges," the statement said.     In recent years, the number of students studying in each other's country keeps rising. Currently there are nearly 100,000 Chinese students studying in the United States.     "The U.S. will receive more Chinese students and facilitate visa issuance for them," the statement said.     In China, there are about 20,000 American students studying. The United States will launch a new initiative to encourage more American students to study in China. "Over the coming four years, the U.S. will send 100,000 students to China, and the Chinese side welcomed this decision," it said.     China and the U.S. agreed to expedite negotiations to renew in 2010 a cultural exchange accord, and jointly hold the Second China-U.S. Cultural Forum in the United States at an appropriate time, the statement added. 

BEIJING, Dec. 27 (Xinhua) -- China would not yield to pressure for the appreciation of its currency yuan, or renminbi, in any form, Chinese Premier Wen Jiabao said Sunday.     "A stable Chinese currency is conducive to the international community," Wen told Xinhua in an exclusive interview.

BEIJING, Dec. 22 (Xinhua) -- Chinese Vice President Xi Jinping's visits to Japan, South Korea, Myanmar and Cambodia consolidated friendly relations, enhanced mutual trust and promoted practical cooperation with the countries, the vice foreign minister said Tuesday.     Xi was the first Chinese state leader to visit Japan since the new Japanese government led by Prime Minister Yukio Hatoyama took office in September, said Wu Dawei. Chinese Vice President Xi Jinping (L) shakes hands with Japanese Prime Minister Yukio Hatoyama in Tokyo, Japan, Dec. 14, 2009. Xi highlighted the great importance the Chinese government has attached to its ties with Japan, saying both sides should continue efforts to enhance the friendly links between the two countries.     Xi called on both sides to work together to further the China-Japan strategic and mutually beneficial relationship in a bid to realize their peaceful co-existence and long-term friendliness.     During the visit to Seoul, Xi said China and South Korea should strive to deepen their strategic and cooperative partnership under the new situation. Chinese Vice President Xi Jinping (1st, L) meets with South Korean President Lee Myung-bak (1st, R) in Seoul, the Republic of Korea (ROK), Dec. 17, 2009When meeting with leaders of Myanmar and Cambodia, Xi stressed that it has been a fixed policy of the Chinese government to develop relations with the two countries no matter how the world situation might change.     Xi has focused his visits on efforts to push for a practical cooperation with the four Asian nations, as well as on more exchanges on low-carbon and high technology and circular economy.     The vice president called for more cooperation between China and Japan in confronting the international financial crisis. Efforts also should be made to deepen their cooperation in new energy, new material and information technologies in bids to enhance the level of the China-Japan trade links, he said. Visiting Chinese Vice President Xi Jinping (L) meets with Than Shwe, chairman of Myanmar's State Peace and Development Council, in Nay Pyi Taw, Myanmar, Dec. 20, 2009.Noting Japan's advancement in environmental protection and technology, Xi said there exists a huge potential for the two countries to expand their cooperation in such areas.     Japanese businessmen and officials hoped China's good economic momentum could last as the country is turning from a "world manufacturer" to "world market." China's development would bear on the Japanese economic recovery.     Emphasizing the mutually beneficial relations between China and South Korea, South Korean businessmen expressed a readiness to deepen cooperation with China as it provides a huge market for South Korea's development. Visiting Chinese Vice President Xi Jinping (R) and Cambodian Prime Minister Hun Sen (L) review the guard of honor during a welcoming ceremony in Phnom Penh, Cambodia, Dec. 21, 2009. In meeting with the foreign leaders, the vice president elaborated on China's accomplishments over the past sixty years since the birth of the People's Republic of China. He also spoke of the difficulties facing China's economic and social development.     Xi said China would follow the path of sustainable development under the guidance of the scientific outlook on development.     Speaking of China's measures against the global financial crisis and its effects, Xi said China is willing to work with the international community to deal with the adverse impact of the crisis.     The vice president said China will adhere to the policy of building friendship and partnerships with neighboring countries and continue its path of peaceful development.     China's development serves as an opportunity instead of a threat, Xi said.     China would keep on building a harmonious society domestically while committing to constructing a harmonious Asia and world.     Promoting exchanges among various cultures is one of the most notable features of the vice president's visits.     In Tokyo, he attended the opening ceremony of the China Culture Center. In addition, before the end of the visit, he inaugurated the first Confucius Institute in Cambodia.     Tightly scheduled, Xi's four-nation tour was fruitful and influential, Wu concluded

BEIJING, Nov. 12 (Xinhua) -- China would not let the yuan gain against the U.S. dollar in the short term, experts said here Thursday when commenting on the latest quarterly report of China's central bank.     People's Bank of China (PBOC), the central bank, said Wednesday in its quarterly report of monetary policy, for the first time, that the bank would improve the mechanism of the exchange rate determination "based on international capital flows and movements in major currencies".     "The new wording showed that China would reduce speculation and strengthen risk control in the future, but it did not necessarily suggest a change in the yuan's exchange rate policy," said Tan Yaling, an expert with the China Institute for Financial Derivatives at Peking University.     "The future mechanism would reflect China's own concerns and status," she said.     China's foreign exchange reserves surged to a record 2.27 trillion U.S. dollars as of the third quarter of 2009, up 19.26 percent year on year, PBOC reported in September.     According to Yin Jianfeng, a researcher with the Chinese Academy of Social Sciences (CASS), a government think tank, it is natural for the central bank to pay more attention to increasing international capital inflows.     "Excessive liquidities are pouring into China as the country is witnessing rapid recovery while the economic condition is still weak in the western world," he said.     Zuo Xiaolei, chief economist with Galaxy Securities, said the central bank's report indicated the government had raised concerns that such inflows would put China under huge external pressure for yuan appreciation.     Zuo predicted that as the U.S. dollar depreciates further, excessive liquidity will be a global issue in future, which would in turn pull up China's foreign reserve to a new level.     China has been facing calls to let its own currency gain against the dollar since it recovered quickly from the financial crisis, especially after it reported the positive economic data of last month, however, experts had expressed different opinions.     "Sudden upward movement in the yuan would slow China's economic growth when the country's exports just showed signs of recovery, "Tan said, "All in all, the exchange rate policy should not be subjected to other countries but serve our own economy."     Also, the pace of yuan's appreciation should be determined not only by the foreign trade surplus, according to Zuo Xiaolei.     The balance of China's internal development should also be taken into consideration, including the massive stimulus package and the accumulated liabilities of local governments, she said.     China's exports slid 13.8 percent year on year to 110.76 billion U.S. dollars in October, said the National Bureau of Statistics Wednesday. The decline rate was 1.4 percentage points lower than that of September.

BEIJING, Nov. 9 (Xinhua) -- China will raise gasoline and diesel prices both by 480 yuan (70.28 U.S. dollars) per tonne from Tuesday, the National Development and Reform Commission (NDRC) announced on its website Monday.     The benchmark price of gasoline will be 7,100 yuan a tonne and that of diesel 6,360 yuan a tonne, according to the NDRC.     The retail price of gasoline will climb by 0.36 yuan per liter and that of diesel will rise by 0.41 yuan per liter.     The country adopted a new fuel pricing mechanism, which took effect on Jan. 1.     Under the pricing mechanism, the NDRC will consider changing the benchmark retail prices of oil products when the international crude price changes more than four percent over 22 straight work days. A worker adjusts the price tag at a gas station in east China's Shanghai Municipality, early Nov. 10, 2009. China raised gasoline and diesel prices both by 480 RMB yuan (70.28 U.S. dollars) per tonne on Nov. 10    "Margins of price fluctuations are within expectation. The price hike can help relieve domestic refiners' pressure from soaring oil refining cost," said Wang Jing, an analyst on petrochemical sector with Orient Securities Company Limited.     The price hike was aimed to protect oil refiners' interests, ensure market supply and help lead rational consumption to promote energy-saving and emission reduction, the NDRC said.     The NDRC would take active measures to help reduce pressure brought to sectors like transportation, the NDRC said.     International crude oil price might continue to rise within this year as demand would continue to grow amid global economic recovery, Wang said.

来源：资阳报