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BEIJING,April 4 (Xinhua) -- Frequent cold fronts in the coming 10 days would bring rainfalls to drought-hit Guangxi Zhuang Autonomous Region and Guizhou Province, China Meteorological Administration (CMA) said Sunday.Light to moderate rains or showers are forecast in Guangxi, western Guangdong, southwestern Hubei, most parts of Guizhou, northwestern Yunnan and the northeastern part of the Western Sichuan Plateau on April 5, according to the CMA.But apart from its northwestern region, Yunnan province, worst hit by the current drought, would see virtually no precipitation in the next 10 days, the CMA said.The cold fronts would also cause temperature drops of 4 to 6 degrees Celsius in Inner Mongolia, northeast China, eastern part of northwest China and north China in the next three days.From April 7 to 9, northern part of China would expect windy and sandy weather. Northern and eastern parts of Northeast China would see moderate to heavy snow during the three days.
BEIJING, April 5 --The People's Bank of China says the country will be more open to foreign capital this year even though the prospect of a strong economic recovery is still unclear.Although the impending withdrawals of various countries' economic stimulus packages may also complicate the efforts to end the global economic crisis, the Chinese government has decided to increase the penetration of foreign capital into the country's financial industry in an appropriate way.An editorial in the "Global Times" quotes some western officials who said if China opened its market to western financial institutions the way it opened its market to five-star hotels, the potential risks would be huge for the country itself and the world at large.The editorial warns the doors to free trade should not swing open too quickly and that market openness should be managed at the right pace, as China has done during the past three decades. But it also notes that the stakes are higher in the country's financial industry. It argues that if China is fully open to foreign capital, the capital operation pattern common in developed economies such as the United States and several European nations will not suit its existing financial system on such short notice. As a result, chaos would erupt sooner or later in the financial sector.The editorial concludes that China should gradually liberalize its financial industry, because a sudden torrent of foreign capital would be undesirable. It calls for a prudent approach to financial liberalization that would yield a productive outcome as evidenced over the past three decades of gradual financial reform whereby more market competition has been encouraged and distressed loans have been effectively curbed. Such a policy has shielded China from being hit as severely by the current financial crisis and enabled it to rebound quicker than other advanced nations.

BEIJING, April 26 (Xinhua) -- China pledged to further develop military ties with Cuba during a meeting of senior military officials from the two countries on Monday."The years since China and Cuba forged diplomatic ties in 1960 have witnessed a stable development of bilateral relations and fruitful cooperation in various fields," Chinese Defense Minister Liang Guanglie said when meeting with Alvaro Lopez Miera, vice minister and chief of the General Staff of Cuba's Revolutionary Armed Forces.The armed forces of China and Cuba have maintained frequent high-level visits and good communication, Liang said, citing the expansion of exchanges and cooperation in personnel training.Chinese Defense Minister Liang Guanglie (R) meets with Alvaro Lopez Miera, vice minister and chief of the General Staff of Cuba's Revolutionary Armed Forces in Beijing, capital of China, on April 26, 2010. China has always believed that the development of China-Cuba relations and their military ties are in the fundamental interests of both nations' people, he said.Liang, also a state councilor, said he would like to work with Cuba to further upgrade military ties.Lopez praised China's achievements in social and economic growth, adding that Cuba is willing to learn from China's experience.He also offered his condolences to the the victims of the 7.1-magnitude earthquake jolting northwest China's Qinghai Province on April 14, expressing his hope the two countries can enhance military cooperation in disaster-relief work.Arriving in China April 24, Lopez is scheduled to conclude the official goodwill visit on April 29.He held talks with Chen Bingde, chief of the General Staff of China's People's Liberation Army, here on Sunday.
SIRTE, Libya, March 27 (Xinhua) -- Chinese special envoy to the Middle East Wu Sike will convey on Saturday a message from President Hu Jintao to the Arab leaders during their 22nd summit billed "Summit of supporting Jerusalem' Steadfastness," kicked off today in the Libyan city of Sirte.In an exclusive interview with Xinhua News Agency, Wu said he came to the Arab summit, carrying a message from Chinese President Hu Jintao to the Arab leaders, extending congratulations on the occasion of the summit.China is paying much attention to the promotion of relations with the Arab world, Wu said, adding that China appreciates and supports the Arab efforts aiming to enhance cooperation and solidarity between the two sides.Speaking of the Chinese position towards the Israeli practices in the occupied lands, Wu said that China supports the Arab endeavors aiming to reach peace.The Chinese stance is cut-clear in this regard, Wu stressed, noting that China supports reaching a solution to the issue, based on international legitimacy resolutions, which state that Israel has no rights to impose any changes on lands occupied in 1967.Wu also pointed to China's long-standing position calling for the establishment of a sovereign Palestinian state and for peaceful coexistence between Israel and the Palestinians, saying this is China's permanent position which it will adhere to in all international forums.About China's vision towards the Israeli settlement activity, Wu said China categorically rejects the settlement activities in the occupied lands.During contacts with Israel, China showed commitment to this stance, to the importance of stopping the settlement activities, and to creating favorable circumstances for talks, Wu noted, saying that his attendance of the Arab summit comes within China's support for the Arabs, and to coordinate stances between the two sides.As for the Arab-Chinese Cooperation Forum, due to be held this May in China, Wu said that China and the Arab world are bound with favorable political ties and expanded, intensive economic cooperation.In the light of the global economic crisis, the strengthening of Chinese-Arab cooperation is of high importance.Over the past six years following the establishment of China- Arab Cooperation Forum, bilateral relations have seen tangible development, Wu said.The fourth session of the China-Arab Cooperation Forum, slated for May 13-14, will see an assessment of the Arab-Chinese cooperation over the past six years and means to push this cooperation forward in the future.China is represented by a delegation at the 22nd Arab summit, entitled "Summit of Supporting Jerusalem's Steadfastness," as an observer.
BEIJING, May 18 (Xinhua) -- China hopes that the deal Iran struck with Brazil and Turkey will help advance the process of resolving the Iran nuclear issue through dialogue and negotiations, Chinese Foreign Minister Yang Jiechi said Tuesday.Yang made the comments in telepone conversations with his Turkish and Brazilian counterparts, Ahmet Davutoglu and Celso Amorim.Yang said that China has always sticked to the "dual-track" strategy in seeking a solution to the Iran nuclear issue and China appreciates the mediation efforts made by Turkey and Brazil.China attaches importance to and welcomes the agreement the two countries signed with Iran on supplying nuclear fuel for the research reactor in Tehran, he added.Davutoglu and Amorim briefed Yang on the efforts Turkey and Brazil have made concerning the Iran nuclear issue.They stressed that the deal the two countries reached with Iran is an important and positive step, which offers a new chance for the international community to peacefully solve the Iran nuclear issue through diplomatic means.Iran signed an accord with Turkey and Brazil in Tehran on Monday under which it will ship most of its low enriched uranium to Turkey in exchange for the 20-percent uranium fuel needed for its Tehran reactor.
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