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JAKARTA, Nov. 8 (Xinhua) -- China and Indonesia on Monday reaffirmed their commitment to seeking stronger strategic partnership."My visit here is aimed at bolstering China's relations with Indonesia," Wu Bangguo, chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, said at a meeting with Indonesian Vice President Boediono on Monday afternoon.Boediono said the Indonesian government and people thanked China for its generous support to Indonesia.In earlier talks with his Indonesian counterpart Marzuki Alie, Wu announced China would offer 10-million-yuan humanitarian aid in cash to Indonesia as earthquake, tsunami and volcanic eruptions wrecked serious havoc on the country.Wu Bangguo (R front), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with Indonesian Vice President Boediono (L front) in Jakarta, capital of Indonesia, Nov. 8, 2010.As this year marked the 60th anniversary of bilateral diplomatic ties, Wu called for the two countries to take the 60th anniversary as an opportunity to advance the all-round growth of relations.Specifically, Wu proposed the two countries increase exchange of visits between high-ranking officials, give priority to cooperation on big projects and infrastructure construction, work more closely in energy exploration, agriculture, fishery, new energy, low-carbon economy and finance.Wu also suggested the two countries step up defense cooperation and work together on security consultation, staff training and maritime security.

BEIJING, Dec. 12 (Xinhua) - A senior Communist Party of China (CPC) official briefed the non-Communist Party elites about a top-level CPC economic meeting that ended on Sunday.Du Qinglin, head of the United Front Work Department of the CPC Central Committee, briefed the leaders of the non-Communist parties and the All-China Federation of Industry and Commerce, as well as other public figures without party affiliations, on the guiding principles of the three-day Central Economic Work Conference.The CPC pledged to enhance and improve macro-economic regulation to ensure stable and healthy economic development next year at the annual meeting that set out major economic policy targets for 2011.Du also passed on the speeches of Chinese President Hu Jintao and Premier Wen Jiabao at the economic meeting to the non-Communist elites.Du said 2011 is the first year of the 12th five-year program and the non-Communist parties should fully recognize its significance.He urged them to study and implement the guiding principles of the economic conference and to actively make political recommendations to ensure a good start of the 12th five-year program.The CPC normally holds such a conference with non-Communist elites after a top-level meeting of its own.

LONDON, Jan. 12 (Xinhua) -- Chinese Vice Premier Li Keqiang met with British Business Secretary Vince Cable here on Wednesday, with both sides agreeing to further develop economic and trade ties.China and Britain are both major economies in the world, so bilateral trade has a solid foundation and broad prospects, said Li, adding that the two sides should establish a more strategic and long-term economic and trade relationship, and jointly promote economic growth.He said the two countries should further expand mutual investment, deepen cooperation in infrastructure construction, advanced manufacturing and service trade, energy development, innovative technology and other areas, and jointly develop the third-party markets.The Chinese leader welcomed British companies to continue to invest in China, and said China would also encourage more Chinese enterprises to invest and seek development in Britain.He pledged that China will continue to improve its investment environment and provide convenience for British enterprises, while also expressing the hope that Britain can do the same for Chinese investors.In his turn, Cable said the British government and business community have been committed to developing closer economic and trade ties with China, adding that the two countries have complementary advantages and therefore great potential for broader and deeper cooperation.British entrepreneurs present at the meeting briefed Li about their investment and operations in China.Li, accompanied by Cable, also visited on Wednesday the BRE Innovation Park and an exhibition of the latest research development and achievements in the field of low-carbon architecture and community.

JAKARTA, Nov. 8 (Xinhua) -- China and Indonesia on Monday reaffirmed their commitment to seeking stronger strategic partnership."My visit here is aimed at bolstering China's relations with Indonesia," Wu Bangguo, chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, said at a meeting with Indonesian Vice President Boediono on Monday afternoon.Boediono said the Indonesian government and people thanked China for its generous support to Indonesia.In earlier talks with his Indonesian counterpart Marzuki Alie, Wu announced China would offer 10-million-yuan humanitarian aid in cash to Indonesia as earthquake, tsunami and volcanic eruptions wrecked serious havoc on the country.Wu Bangguo (R front), chairman of the Standing Committee of the National People's Congress of China, the country's top legislature, meets with Indonesian Vice President Boediono (L front) in Jakarta, capital of Indonesia, Nov. 8, 2010.As this year marked the 60th anniversary of bilateral diplomatic ties, Wu called for the two countries to take the 60th anniversary as an opportunity to advance the all-round growth of relations.Specifically, Wu proposed the two countries increase exchange of visits between high-ranking officials, give priority to cooperation on big projects and infrastructure construction, work more closely in energy exploration, agriculture, fishery, new energy, low-carbon economy and finance.Wu also suggested the two countries step up defense cooperation and work together on security consultation, staff training and maritime security.

BEIJING, Jan. 14 (Xinhua) -- China will increase the flexibility of the yuan exchange rate and further push forward the opening-up of its financial markets, a senior central bank official said Friday.China will continue the reform of the yuan exchange rate mechanism and keep the rate basically stable at a reasonable and balanced level, Li Dongrong, assistant governor of the People's Bank of China, said at a forum. The speech was posted on the central bank's website.The Chinese yuan strengthened to a record high against the U.S. dollar Friday, the central parity rate reaching 6.5896, the second straight day it has been set below 6.6 per dollar, according to the China Foreign Exchange Trading System.The currency has risen by more than 3 percent since the country's central bank announced in June 2010 it would further reform the yuan exchange rate formation mechanism to improve its flexibility.Li also said the central bank will work to expand trials of cross-border yuan settlement, to facilitate trade and investment.The central bank will promote the policy of allowing exporters to park their foreign revenue overseas, Li said, adding that it will further develop the foreign reserves market and create tools to hedge exchange rate risk.Li's speech came after the central bank announced Thursday the nation's qualified businesses and banks may settle their overseas direct investment in yuan, a move that expands the Chinese currency's global reach and eases excess domestic liquidity concerns.Li also voiced concern about loose credit globally, saying such policies are adding to capital-inflow and currency-appreciation pressures, leading to asset bubbles in some emerging economies.China still faces many challenges, Li said. "Expectations for inflation are rising. Housing prices are still high in some cities. Pressure from continuous inflows of foreign capital is increasingly evident," he said.The central bank will soundly manage money supply and maintain reasonable growth in credit, he added.