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BEIJING, Dec. 14 (Xinhua) -- Chinese President Hu Jintao on Wednesday exchanged congratulatory messages with Cypriot President Demetris Christofias on the 40th anniversary of bilateral diplomatic ties.In his message, Hu said bilateral ties between China and Cyprus have developed smoothly since they were established.Political mutual trust has continued to deepen and the two countries understand each other and support each other's major concerns, he said, adding bilateral pragmatic cooperation has also been expanding continuously.China highly values its relations with Cyprus and is ready to work with the country to deepen their traditional friendship, strengthen exchanges at various levels and enhance cooperation in such areas as economy, trade, culture and tourism, the Chinese president said.Hu said China is also willing to maintain communication and coordination with Cyprus on international and regional affairs.Christofias, for his part, said China and Cyprus have carried out close exchanges and cooperation, adding bilateral ties have been further strengthened through frequent high-level exchanges in recent years.Cyprus believes the two countries are on friendly terms and understand each other, which is in line with the common interests of both China and Cyprus, Christofias said.The president said Cyprus also believes bilateral relations would make further progress in the future.Chinese Foreign Minister Yang Jiechi also exchanged congratulatory messages on Wednesday with his Cypriot counterpart Erato Kozakou Marcoullis.
BEIJING, Dec. 27 (Xinhua) -- The People's Bank of China (PBOC), China's central bank, announced Tuesday that it is banning local regions, institutions or individuals from setting up gold exchanges apart from the existing Shanghai Gold Exchange and Shanghai Futures Exchange.The country also bans the establishment of any gold trading platforms in other exchanges, a statement on the PBOC website said.The statement said the country has ordered a cease to the building of any new gold exchanges or trading platforms. Those which have opened for business must cease operations.The ban came amid bigger risks in gold trading after some local regions, institutions and individuals grew enthusiastic in setting up gold exchanges and trading platforms in recent years as gold prices soared, which led to a surge of illegal practices due to inadequate management, the statement said.It added the central bank will work with the Shanghai Gold Exchange and Shanghai Futures Exchange to boost the healthy development of the country's gold trading market.

BEIJING, Nov. 30 (Xinhua) -- China's efforts to fight AIDS are impressive and its experience can be shared, according to Michel Sidibe, executive director of the Joint United Nations Programme on HIV/AIDS (UNAIDS)."We have seen progress in terms of new infections. The number of people going into treatment is increasing and the mortality rate is going down very quickly in China," Sidibe said during an interview with Xinhua on Wednesday.Sidibe said he was impressed by the country's political leadership and commitment to controlling AIDS.According to UNAIDS, the country has reported a 60-percent reduction in deaths due to AIDS over the past eight years.New HIV infection cases in China have been reduced from 70,000 people annually in 2005 to around 48,000 in 2011, according to the country's health department."However, China's success will not only be measured by what it has done for the Chinese people," Sidibe said.China has successful experience in reducing new HIV infections among intravenous drug users, which can be shared with the rest of the world, particularly east Europe and south Asia where HIV infections among drug abusers is a major challenge, he said.Sidibe suggested that the country should work with the rest of the developing world, particularly Africa, in fighting AIDS.A partnership between China and Africa will make a "big, big difference" in reducing AIDS mortality rates and introducing new technology and perspectives in Africa, said the official who had worked for UN in several African countries for more than two decades.Admitting the challenges of funding AIDS control programs during the current global economic downturn, Sidibe called for global solidarity and increasing shared responsibilities among countries."It is a critical moment now. It is not a time to stop investment but to redouble our efforts, to make sure that we will continue to make progress in the fight against HIV," Sidibe said."Getting to Zero" has been chosen as the main theme of World AIDS Day for the next five years, referring to UNAIDS' vision of "zero new HIV infections, zero discrimination and zero AIDS-related deaths."Sidibe met with Li Congjun, president of the Xinhua News Agency, on Wednesday before the interview. The agency has launched a global media campaign in cooperation with UNAIDS to raise public awareness about HIV/AIDS."The partnership (with Xinhua) is not only about writing news about HIV. It is about helping people to change their attitude and make decisions to help protect themselves," Sidibe said.
BEIJING, Dec. 9 (Xinhua) -- Beijing has seen a declining trend in newly built ordinary apartments in the past 11 months of this year, said a report released by the Beijing Real Estate Association on Friday.That average price of 13,914 yuan (about 2,194.23 U.S. dollars) per square meter from January to November went down 6.3 percent from the yearly average housing price of 14,847 yuan per square meter in 2010, also the target set by the municipal government in attempting to control soaring house prices, said the report.It is expected that the real-estate market in Beijing will maintain the gradually declining trend. And the target of "a stable yearly price with a slight decline" will be smoothly reached, said Chen Zhi, secretary-general of the association.In November, first-time home buyers took up about 90 percent of housing consumers for the ninth month in a row, which means the government's measures to crowd out investing or speculative buying and meet the demands of conventional buyers are working, the report said.This year the government has repeatedly stressed its efforts to contain the runaway property market, through measures including tighter monetary policies, higher down payments, a ban on third-home purchases, price control targets and a trial property tax.
SAN FRANCISCO, Oct. 27 (Xinhua) -- Hewlett-Packard(HP) on Thursday announced that it will keep its personal systems group ( PSG) and continue to sell personal computers."HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees," Meg Whitman, HP president and chief executive officer, said in a statement.On Aug. 18, former CEO Leo Apotheker said HP was considering spin off the PC business, which drove shares of the company to plunge 20 percent the following day.HP then said its board of directors has authorized the exploration of strategic alternatives for the PSG, and it will consider a broad range of options that may include a full or partial separation of the PC business through a spin-off or other transaction.According to HP, the review so far revealed the depth of the integration of its PC division that has occurred across the company's key operations including supply chain and procurement.In addition, it indicated that the division has made significant contributions to HP's solutions portfolio and overall brand value."Finally, it also showed that the cost to recreate these in a standalone company outweighed any benefits of separation," HP said in a press release announcing the latest decision.HP is now the world's largest PC-maker with revenues of the PC division totaling 40.7 billion U.S. dollars for fiscal year 2010, according to figures from the company.A recent report from market research firm Gartner found that in the third quarter of 2011, HP's PC shipments grew 5.3 percent year- on-year, faster than the industry average of 3.2 percent, and its share in global PC market actually increased slightly to 17.7 percent.Though the PC division has a lower margin, the position and scale as the world's No. 1 PC-vendor gives HP advantage to negotiate with other suppliers and helps its other businesses, analysts said.The announcement to keep the PC unit is seen as the first major move of HP under new CEO Whitman, who took the job just over a month ago after replacing Apotheker on Sept. 22.
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