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WASHINGTON, May 27 (Xinhua) -- The U.S. Treasury Department said in a report released on Friday that China was not manipulating its currency."In China, since the authorities decided in June 2010 to allow the exchange rate to appreciate in response to market forces, the renminbi (RMB) has appreciated by a total of 5.1 percent against the dollar in nominal terms through the end of April 2011, or at an annual pace of approximately 6.0 percent," noted the semi- annual report on international economic and exchange rate policies.The Treasury said that as inflation in China is significantly higher than it is in the United States, the renminbi has appreciated more rapidly against the dollar on a real, inflation- adjusted basis, at a rate of around 9 percent per year.The delayed report, which was originally scheduled to be sent to the Congress on April 15, finds "no major trading partner of the United States" manipulated its currency during the period covered in the report.The Treasury added that it will continue to "closely monitor" the renminbi appreciation pace.The report also noted that the U.S. economy is recovering from its deepest recession in the post-war period."While recent growth is encouraging, the economy still faces significant challenges," said the report. The number one challenge is still in the labor market.The U.S. unemployment rate, currently at 9.0 percent, is not expected to fall significantly this year.Besides, housing market and long-term fiscal position are " unsustainable," according to the report.In recent remarks, Treasury Secretary Timothy Geithner stated that China is the fastest growing market for U.S. exports. In 2010, U.S. exports to China grew at a pace that was 50 percent higher than the rest of the world.

BEIJING, April 19 (Xinhuanet) -- Almost one year after the disastrous oil spill, scientists believe that the overall health of the Gulf of Mexico as nearly back to normal.However, the scientists restrain their optimism about nature's resiliency with the glaring blemishes out there. It's been nearly a year since BP's Gulf of Mexico oil spill began last April, triggering one of the world's worst environmental disasters. Nearly 5 million barrels of oil leaked from the ruptured Deepwater Horizon well during the months-long catastrophe.BP said last November that the disaster cost it nearly 40 billion U.S. dollars, according to a Guardian report.According to a BP survey of researchers, over three dozen scientists grade the Gulf's big picture health a 68 on average, using a 1-to-100 scale.That's just a few points below the 71 the same researchers gave last summer when asked what grade they would give the ecosystem before the spill. And it's an improvement from the 65 given back in October after months of the oil spill.

JERUSALEM, April 12 (Xinhua) -- Israeli-Canadian archaeologist Simcha Jacobovici may have stumbled upon a major archaeological find if his claim of unearthing the nails used to hold Jesus on the cross during his crucifixion are to be believed.Jacobovici maintains that small metal remains dug out of the soil in a cave in a Jerusalem neighborhood are in fact the nails that held Jesus on the cross, the Ha'aretz daily reported Tuesday.The artifacts were found in a cave in the Armon Hanatziv ridge, about 6 km south of the Old City, during the course of a construction work in 1990. The hilly area now contains apartment buildings.During the excavation of the cave, a stone vessel with the name Caiaphas, the name of the High Priest considered responsible for turning Jesus over to the Romans, and two rusty nails, which Jacobovici believes to be the relics, was unearthed.However, officials from the Israeli Antiquities Authority told Xinhua although they regard Jacobovici as a great archaeologist and documentary filmmaker, they do not believe the cave really belongs to the High Priest of the Second Temple period (between 536 BC and 70 AD)."The reason is that during that period of time there were a lot of people with the name Caiaphas," a statement from the Antiquities Authority said, "And for example, it is inconceivable that every gravestone bearing the name Moshe Dayan, which is very common in these parts, should be ascribed to the same personality who played so prominent a role in our recent history."Dayan was an Israeli army general who led his troops to victory in the 1967 war.The authority considers Jacobovici's contention as "fantasy" that should not be considered conclusive, since there is no agreed- upon evidence backing it up.Jacobovici is standing his ground, however, and contends that during the Second Temple Period the name Caiaphas was uncommon, and therefore the tomb must belong to the infamous priest.Jacobovici, a well-known documentary filmmaker, has produced films about the Israeli-Palestinian conflict and human trafficking that earned him two Emmy Awards.He also worked alongside film director James Cameron on the movie Jesus' Lost Tomb.He expects to soon release a movie about the latest finds, entitled Nails on the Cross.

BEIJING, Feb. 1 (Xinhua) -- Senior Chinese official Zhou Yongkang Tuesday called on law enforcement personnel to take more preventive measures against crime and accidents during the Lunar New Year holiday.Zhou, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, visited community security personnel, a district court, and police patrolling downtown Beijing Tuesday.He also visited a police station that is responsible for keeping public order in the area surrounding the central leadership compound of Zhongnanhai.During his visits, Zhou, who also heads the Commission for Political and Legal Affairs of the CPC Central Committee, said China was seeing the travel peak for the Spring Festival and some regions were suffering icy weather and lingering drought.He asked the police to take effective measures in traffic control and fire-fighting work, and maintain social order during the holiday season.He commended the practice of deploying special police to patrol the surrounding areas of the Tiananmen Square in central Beijing, saying it could deter crime and enable quick responses to emergencies.During his visit to the district court, Zhou warned there were still "many social conflicts."He asked local courts to solve social conflicts more effectively, promote innovative social management and law enforcement in a just and clean manner.The Spring Festival, or Chinese lunar New Year, is the most important festival for Chinese. It falls on Feb. 3 this year.

BEIJING, Feb. 27 (Xinhua) -- Chinese Premier Wen Jiabao said during an online chat with netizens here Sunday that the government is striving to ensure that the people live a comfortable life with security and confidence in the period of 2011-2015.China's development blueprint for the coming five years will place high emphasis on the efforts to improve the people's livelihood, Wen said.To enhance the people's living standards is "our work's starting point as well as the final aim," he said.Greater efforts will be made to boost social development and progress, especially in those key sectors and aspects concerning national development and mass interests, the premier said.Wen began his online chat with netizens at 9 a.m. Sunday jointly hosted by the central government website (www.gov.cn) and Xinhua News Agency website (www.news.cn).