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ATHENS, Oct. 3 (Xinhua) -- Chinese Premier Wen Jiabao on Sunday pledged to support a stable euro and strengthen cooperation with the European Union (EU)."China will not reduce its euro-bond holdings and China supports a stable euro," Wen said during a speech at the Greek parliament.China and the EU have signed a string of important trade investment contracts to help Europe overcome its financial difficulties, said Wen who arrived in Athens on Saturday on a three-day official visit.Since the outbreak of the global financial crisis, Chinese leaders have visited Europe several times and had frequent meetings with EU leaders, noted the Chinese premier.That, he said, shows Beijing attaches great importance to China-EU relations and "wants to join you in a concerted effort to tide over difficulties."After some European countries suffered sovereign debt crisis earlier this year, Wen said, his government announced many times that Beijing firmly supports the measures adopted by the EU and the International Monetary Fund."China is sincere in enhancing cooperation with Europe and we are confident about the prospects of our cooperation," Wen said.Thanks to joint efforts, China-EU trade has already exceeded the pre-crisis level, he said."China is committed to advancing China-EU relations. This is not an expediency, but a long-term strategic policy," Wen said.

BEIJING, Oct. 18 (Xinhua) -- Following is Xinhua's translation of the full text of the Communique of the Fifth Plenum of the 17th Central Committee of the Communist Party of China (CPC), which was passed on Oct. 18:Communique of the Fifth Plenum of the 17th Central Committee of the Communist Party of China(October 18, 2010)The Fifth Plenum of the 17th CPC Central Committee was held in Beijing from October 15 to 18, 2010.Present at the plenum were 202 members and 163 alternate members of the CPC Central Committee. Members of the Standing Committee of the CPC Central Commission for Discipline Inspection and leading officials of relevant departments attended the meeting as non-voting delegates. Some delegates to the 17th CPC National Congress, including a few from the grass roots and a few experts and scholars, also attended the meeting as non-voting delegates.The plenum was presided over by the Political Bureau of the CPC Central Committee. Hu Jintao, General Secretary of the CPC Central Committee, delivered an important speech at the plenum.The plenum listened to and discussed the working report delivered by Hu Jintao, who was entrusted by the Political Bureau of the CPC Central Committee, and adopted the "CPC Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015)". Wen Jiabao made an explanatory speech on the draft proposal to the plenum.The plenum fully recognized the work of the Political Bureau of the CPC Central Committee since the Fourth Plenum of the 17th CPC Central Committee. The plenum unanimously agreed that the Political Bureau of the CPC Central Committee, faced with the fallout of the international financial crisis and sweeping changes in international and domestic landscapes, has thoroughly implemented the guidelines of the 17th CPC National Congress and the First, Second, Third and Fourth plenums of the 17th CPC Central Committee, held high the great banner of socialism with Chinese characteristics, and followed the guidance of the Deng Xiaoping Theory and the important thought of the "Three Represents," and comprehensively implemented the Scientific Outlook on Development. The Political Bureau of the CPC Central Committee has united and led the whole Party, military and Chinese people of all ethnic groups to celebrate the 60th anniversary of the founding of the People's Republic of China, effectively implement the stimulus package to counter repercussions of the international financial crisis, improve macro-regulation in a targeted manner, consolidate achievements in fighting the international financial crisis, accelerate the transformation of the economic growth mode, maintain stable and relatively rapid economic development. The Political Bureau of the CPC Central Committee has united and led the whole Party, military and Chinese people of all ethnic groups to make efforts to ensure and improve people's livelihoods, effectively cope with severe natural disasters such as the Yushu earthquake in Qinghai province and the Zhouqu mudslide in Gansu province, successfully accomplish the campaign of learning in-depth the Scientific Outlook on Development by all Party members and successfully host the Shanghai World Expo. The plenum agreed that remarkable progress had been made in various works and programs of the Party and the nation.

BEIJING, Oct. 13 (Xinhua) -- The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Wednesday as the central parity rate of the yuan was set at 6.6693 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Wednesday's central parity rate beat the previous record of 6.6732 on Oct. 11.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 Wednesday's central parity, the Chinese currency has strengthened against the U.S. dollar by about 2.32 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.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 9.294 Wednesday, lower from 9.2574 on Oct. 12, the previous trading day.The yuan's rate against 100 yen was 8.1477 Wednesday, compared with 8.124 on Tuesday.

BEIJING, Sept. 6 (Xinhua) -- China will unswervingly promote the policy of reform and opening up, while creating sound environment for foreign companies operating in China, Vice Premier Wang Qishan told senior U.S. officials Monday.Wang exchanged views on China-U.S. ties and economic and trade cooperation with Lawrence Summers, head of U.S. President Barack Obama's National Economic Council, and Deputy National Security Adviser Tom Donilon, in a meeting in Beijing.Wang said the two countries should bolster cooperation in areas such as economy and trade, investment, finance, new energy and infrastructure upgrading, as their economies are interdependent and complimentary to each other.China is ready to work with the United States to well implement consensus reached by state leaders of the two countries, for sustainable, healthy and steady development of bilateral ties, he said.Wang said the international community should enhance cooperation because the world economy, though on the way to recovery, still encounters twists and turns.He said China is focusing on the change of the growth pattern for more balanced development of the economy.Summers and Donilon briefed Wang on the U.S. economy and the Obama administration's measures to stimulate the economy and create jobs.They stressed that the United States and China should strengthen coordination in macro policies and promote cooperation for a strong, balanced and sustainable growth of global economy.Also on Monday, Li Yuanchao, member of the Political Bureau of the Communist Party of China (CPC) Central Committee, met with the two U.S. officials.Li, also head of the Organization Department of the CPC Central Committee, said the Sino-U.S. ties had maintained a stable development since President Obama took office.China would work with the United States to enhance dialogues and cooperation, while properly handling the differences, to push forward the bilateral ties, he said.8 Summers said the United States attached great importance to the U.S.-Sino relations and firmly believed that the two countries had broad interests and faced with common challenges, including sustainable development of global economy, regional security and climate change.He said the United States was committed to working with China for a positive, cooperative and comprehensive relationship in the 21st century.Chinese Foreign Minister Yang Jiechi also met with Summers and Donilon on Monday. The two sides exchanged views on the future development of Sino-U.S. relations and regional and international issues of common concern.