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BEIJING, Oct. 22 (Xinhua) -- A senior Chinese military official reiterated on Friday that a peaceful resolution through consultation and negotiation was needed to handle disputes over the South China Sea.Ma Xiaotian, deputy chief of the General Staff of the Chinese People's Liberation Army (PLA), made the remarks in his keynote speech at the opening of the Xiangshan military forum in Beijing, which discussed Asia-Pacific security issues.Ma reiterated that China has indisputable sovereignty over the islands in the South China Sea and the surrounding waters, and is committed to enhancing dialogue and cooperation with the parties concerned to maintain peace and stability in the region.He stressed that China had always guaranteed freedom of navigation in and flying over the South China Sea in accordance with international law."It is the common interests of China and other countries to maintain freedom and security of navigation in the region," he said.""We also believe that the overall situation in the South China Sea is stable," Ma said. "It will do no good to the region's security and stability to repeatedly bring forward the issue or exaggerate the issue, like what some countries did."Hosted under the theme of "Evolution of International Strategic Configuration and Asia-Pacific Security," the three-day Xiangshan forum has attracted more than 100 military scholars to discuss the new challenges and counter-measures needed to ensure the security and stability of the Asia-Pacific region.The event was organized by the China Association for Military Science.

BEIJING, Nov. 5 (Xinhua) -- Chinese Vice Premier Wang Qishan on Friday called on China and the United States to strengthen economic cooperation and avoid politicizing economic issues. Wang made the remarks while meeting with Wendell P. Weeks, chairman and chief executive officer of Corning Incorporated, a large manufacturer of specialty glass and ceramics.Wang welcomed Corning's continued investment expansion in China, saying the economies of China and the U.S. were interdependent and highly complementary. Chinese Vice Premier Wang Qishan (R) meets with Wendell P. Weeks, chairman and CEO of Corning Incorporated, in Beijing, capital of China, Nov. 5, 2010.He called on the two sides to step up economic cooperation and make joint efforts to build a positive, cooperative and comprehensive Sino-U.S. relationship for the 21st century.Weeks expressed Corning's willingness to further cooperation with China.Later Friday, Wang also met with Josef Ackermann, chairman of the Management Board and the Group Executive Committee of the Deutsche Bank.During their meeting, the two sides exchanged views on the current international economic and financial situation as well as the reform of international financial supervision and regulation.

WASHINGTON, Oct. 10 (Xinhua) -- China would continue reform of the formation mechanism of its currency exchange rate to improve its flexibility, but will do so in a gradual way, Zhou Xiaochuan, Governor of the People's Bank of China, China's central bank, said here on Sunday.Westerners prefer Western medication method that is quick but drastic, while Chinese people prefer traditional Chinese medication that is slower and giving time for different herbs to take effect. A steep rise of Chinese currency yuan would cause harms, Zhou told a group of bankers and reporters during a luncheon speech at the 2010 annual membership meeting of the Institute of International Finance (IIF).Governor of the People's Bank of China (PBOC) Zhou Xiaochuan hosts a press briefing during the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., capital of the United States, Oct. 8, 2010. To manage Chinese currency issue is a "complicated art," as you have to take into consideration domestic inflation, unemployment rate, gross domestic product (GDP) growth, balance of payments and other factors, he added.IIF, which represents over 420 world leading financial institutions headquartered in more than 70 countries, host its annual membership meeting in Washington D.C. between Oct. 8 and 10, when the International Monetary Fund and World Bank host their annual meetings in the same time.

BEIJING, Oct. 2 (Xinhua) -- The number of passengers traveling on China's railway set a new daily record on Oct.1 driven by holiday makers and improved rail transport capacity, railway authorities said Saturday.Daily railway passenger traffic on Friday hit 8.3 million riders, up 19.8 percent year on year and overtaking the daily record of 7.1 million set on May 1 during the Labor Day holiday, the Ministry of Railways (MOR) said.Friday's figure also outnumbered the previous day by 1.8 million, the MOR said.Over the past four days more than 24 million people in China chose to travel by train, which is 10.3 percent higher than the figure during the same period last year, said the ministry.Thanks to China's increased transport capacity, stemming partially from high-speed railway construction, railway authorities managed to meet the travel demands of holiday makers, which are dominated by travelers and those who were returning home.China's weeklong National Day holiday begins on Friday.China has 7,055 kilometers of high-speed railway in service, which is the world's longest, said He Huawu, chief engineer of the MOR.By 2012, China will have a railway network of 110,000 kilometers, 13,000 kilometers of which will be high-speed rail, according to the MOR.

MOSCOW, Oct. 5 (Xinhua) -- Chinese State Councilor and Public Security Minister Meng Jianzhu exchanged views on security and law enforcement cooperation with his Russian counterpart Nikolai Patrushev Monday night, during a high-level international security conference in Russia's Sochi.Meng highly commended successful bilateral cooperation in fighting terrorism, transborder crime and drug trafficking.Meng said as an important part of the Sino-Russian strategic partnership of cooperation, the security coordination of the two countries have gained new, vital improvement, but still needs to be further strengthened."Given the emerging global threats to security and amid increasingly open menaces coming from nontraditional crimes, efforts to strengthen Chinese-Russian cooperation in maintaining law and order, and enhancing security is becoming more and more important," Meng said.He proposed that Russia and China continue deepening coordination and interaction, and duly implement their government's plans to fight terrorism, extremism and separatism.The mechanism of cooperation already created must be fully used and the level of Chinese-Russian cooperation in maintaining law, order and security must be incessantly raised, he said."While combating illicit migration, the two countries must create an even better environment for exchanges between citizens, and encourage Chinese-Russian trade, and economic and investment cooperation in every possible way," Meng stressed.He noted that joint efforts to maintain security are important within the framework of the Shanghai Cooperation Organization.Patrushev expressed his agreement with Meng's proposal and suggestion on bilateral security cooperation.He said Russia is willing to work together with China in security sphere, to deepen coordination and interaction both bilaterally and multilaterally, so as to face together the new challenges and menaces.Meng has attend the meeting on Oct. 5-6 in the Russian Black Sea resort of Sochi.