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HANOI, Oct. 10 (Xinhua) -- General Secretary of the Communist Party of Vietnam Central Committee Nong Duc Manh met visiting Chinese State Councilor and Defense Minister Liang Guanglie on bilateral ties and military relations here on Sunday.At the meeting, Manh thanked China and the Chinese people for generous help in the Vietnamese people's struggle for independence and national construction over the past years.Manh said the development of Vietnam-China relations has maintained momentum in recent years. The two countries have seen frequent high-level exchanges and increasing cooperation in economy, education, technology, military affairs among many other fields.General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nong Duc Manh (R) meets with Chinese Defense Minister Liang Guanglie in Hanoi, capital of Vietnam, Oct. 10, 2010. Liang arrived in Hanoi Sunday to attend a regional security conference and visit Vietnam.He said the bilateral ties have been lifted to the comprehensive strategic partnership of cooperation. He urged the two sides to carry on the traditional friendship and contribute to the development of bilateral relations.For his part, Liang said the China-Vietnam relations have developed in a steady way in recent years, contributing to the social and economic development of the two countries.Liang said military ties are an important part of the China-Vietnam relations. The Chinese military is ready to join hands with the Vietnamese military to strengthen understanding and trust, boost cooperation, enhance capacity to tackle security challenges and further promote the development of bilateral military ties.Earlier on Sunday, Liang held talks with his Vietnamese counterpart Phung Quang Thanh on deepening bilateral military cooperation.Liang arrived here on Sunday for an official and friendly visit. He is scheduled to attend the Association of Southeast Asian Nations (ASEAN) Defense Ministers' Meeting Plus slated for Tuesday.

PHNOM PENH, Nov. 4 (Xinhua) -- China and Cambodia on Thursday inked 6.4-billion-U.S. dollars deals ranging from infrastructure construction to energy exploration.A total of 16 deals were signed after the hour-long talks between top Chinese legislator Wu Bangguo and Cambodian Prime Minister Hun Sen late Thursday afternoon.The package of deals covered such key areas of bilateral cooperation as infrastructure construction, water resources development, telecommunication technology and energy exploration among others. Wu Bangguo (L), chairman of the Standing Committee of the National People's Congress, China's top legislature, shakes hands with Cambodian Prime Minister Hun Sen in Phnom Penh, Cambodia, Nov. 4, 2010. China's top legislator held talks with Hun Sen in Phnom Penh on Thursday.In earlier talks, Wu, chairman of the Standing Committee of the National People's Congress (NPC), the country's top legislature, reviewed the smooth growth of China-Cambodia ties since the two countries forged diplomatic ties in 1958."Particularly in recent years, bilateral relations have developed rapidly," Wu said, highlighting strong trust, sincere cooperation and mutual support.Wu underlined China's commitment to developing ties with Cambodia, labeling the southeast Asian country as a reliable neighbor, friend and brother.Hun Sen said China's rapid growth benefited the people and helped lift the regional and world economy out of the downturn.On the economic front, Wu said growing economic cooperation would add continuous momentum to bilateral relations.

BEIJING, Oct. 15 (Xinhua) -- The 17th Central Committee of the Communist Party of China (CPC) opened its fifth plenary session in Beijing Friday to discuss the nation's next five-year development plan.The four-day meeting will review proposals for the country's 12th five-year program (2011-2015) on national economic and social development.The period would be critical for building a moderately prosperous society, the Political Bureau of the CPC Central Committee announced last month.It would be a time of difficult issues for deepening the reform and opening-up process while accelerating the transformation of the nation's economic development pattern, said the announcement.China has pledged to build a "xiaokang" -- moderately prosperous -- society in the first two decades of the 21st century."The next five-year program will be vital for dealing with difficulties to realize the objective by 2020," said Prof. Hu Angang, a prominent expert on China's national situation in Beijing."The new program will basically be in accordance with the principles of Scientific Outlook on Development," Hu said.Despite of high GDP growth for years, China still faces huge challenges in development, ranging from unbalanced economic growth pattern, widening gap between urban and rural areas and between different regions, to environmental problems as well as international trade protectionism."China's export-driven economic growth is unsustainable," said Justin Yifu Lin, World Bank Chief Economist and Senior Vice President."Transformation of the country's economic growth pattern should still be a major issue for the next five years, 15 years and even a longer period of time."The CPC Central Committee Political Bureau said in a last month's statement that transformation of the economic growth pattern should be based on improving people's livelihoods.President Hu Jintao has pledged to adopt "Inclusive Growth," a concept created and advocated by Asian Development Bank in 2007, for resolving social problems as a result of economic development.According to Hu, inclusive growth means to spread the benefits of economic globalization and development among all countries, regions and people and to realize balanced economic and social progress through sustainable development.World Bank President Robert Zoellick said developing countries will play a more important role in balancing and stabilizing the world economy, and China's effort will be of great significance for restructuring the world economy after global downturn.A draft version of the proposals for the 12th five-year program has been offered to some delegates of the CPC's 17th National Congress and organizations outside the Party.The document was further revised based on their suggestions.Sources with the CPC said the proposals, accumulated from throughout the Party and other organizations, would become a guideline document for China's continued reform and opening-up process as well as socialist modernization.

BEIJING, Sept. 21 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), jumped 113 basis points, or 0.17 percent, Tuesday to a new record high at 6.6997 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Tuesday's yuan central parity against U.S. dollar beat the previous record of 6.7110 per U.S. dollar on Monday and extended the Chinese currency's gains to eight consecutive trading days.The yuan has picked up its strength against the U.S. dollars and seen increased volatility in the trading days since the People's Bank of China (PBOC), the central bank, announced on June 19 this year to increase exchange rate flexibility.Based on Tuesday's central parity, the Chinese currency has strengthened against the U.S. dollar by 1.87 percent from the rate of 6.8275 per U.S. dollar that was set a day before the PBOC's pledge to increase flexibility.On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate during trading each day.According to Tuesday's central parity rates, the yuan's value strengthened against all the currencies within its basket with lower rates.The PBOC released the yuan's central parity rates against a basket of currencies -- the U.S. dollar, the euro, the Japanese yen, the Hong Kong dollar, the British pound and the Malaysian Ringgit.The yuan's parity rate against the euro was set by the central bank at 8.7522 Tuesday, lower from 8.7595 Monday.The yuan's rate against 100 yen was 7.8204 Tuesday, compared with 7.8275 Monday.The Chinese currency soared 814 basis points against the British pound with the central parity rate being set at 10.42 from Monday's 10.5014.The central parity of RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.The central parity of RMB against the other five currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the five currencies against the U.S. dollar at 9 a.m. (0100 GMT) of the same business day in the international foreign exchange market.

KUNMING, Aug. 29 (Xinhua) -- At least 14 people were injured and more than 7,300 houses damaged in an earthquake that jolted Yunnan and Sichuan provinces in southwest China Sunday.The earthquake measuring 4.8 on the Richter scale occurred at 8:53 a.m., hitting an area bordering the two provinces.The epicenter, with a depth of about 10 kilometers, was located at 27.1 degrees north latitude and 102.9 degrees longitude, according to the earthquake network center in Sichuan.Thirteen people were injured in the latest earthquake, and 7,354 houses were destroyed in the quake, including 122 houses being toppled, plus road cave-ins in Qiaojia County of Yunnan, according to Zhou Yingbin, deputy head of the county government.Another person was slightly injured in Ningnan County of Sichuan, local officials said, who added that nobody was reported dead or missing in the quake.