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BEIJING, Oct. 11 (Xinhua) -- The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Monday as the central parity rate of the yuan was set at 6.6732 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Monday's central parity rate beat the previous record of 6.6830 on Oct. 8.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 Monday's central parity, the Chinese currency has strengthened against the U.S. dollar by about 2.26 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.China would continue reform of the formation mechanism of its currency exchange rate to improve its flexibility, but will do so in a gradual way, Zhou Xiaochuan, Governor of the People's Bank of China, China's central bank, said in Washington on Sunday.

TIANJIN, Oct. 7 (Xinhua) -- China's top climate change official Thursday called for compromise from all parties to seek the biggest common ground during the UN climate talks while developed and developing countries remained divided on many issues.Parties at the talks should rebuild mutual trust and improve sense of responsibility as climate change is a global issue affecting every country, Xie Zhenhua, vice minister of the National Development and Reform Commission, told the press on the sidelines of a new round of UN climate talks held in Tianjin from Oct. 4 to 9."The best result of the global climate talks may be a solution that dissatisfies every one but is accepted by all," he said. "To reach the result, every party needs compromise and work to find the biggest common ground. If one country refuses to do anything and ask others to do many, this is definitely not acceptable."When asked about one of the most controversial issue on how to manage the fast start fund, Xie said, as a developing country, China is fully qualified to receive funds and technical supports from developed countries."But, provided that the amount of current fast start fund is much less than what developing countries need, China would not compete with those who need the money most such as the least developing countries and island countries," he said.Jonathan Pershing, who leads the U.S. negotiators at the Tianjin meeting, said on Thursday that there should be a differentiation between offering finance for developing countries as some countries clearly have enormous capabilities, even though they are listed in the developing country list, while some countries, although in the developing country list, have virtually no capabilities.Countries like China can do a great deal, and have made very clear that they intend to do a great deal, he told reporters."It (China) has made commitment that was made on a series of actions on intensity, on renewable energy and on forests that are examples of what a really powerful country with enormous commitment can deliver," he said.Xie Zhenhua said China will also provide as much assistance to these countries as it is able to, through South-South cooperation."We are not only saying it but have also begun doing it. In the past few years, we have provided training programs to people from least developed countries and worked with them in programs to cope with climate changes," Xie said.However, Xie strongly argued that developed countries should actually add new money in the fast start fund as a majority of current identified fast start fund was in fact included in the existing Official Development Assistance (ODA).

BEIJING, Sept. 22 (Xinhua) -- "It seems that the world suddenly fell silent when the traditionally noisy Mid-Autumn Festival coincided with Car-Free Day," said "ice14" on the microblog at sina.com.cn.On Wednesday, China celebrated the Mid-Autumn Festival, as well as China's fourth Car-Free Day, as citizens in 110 cities were encouraged to leave their cars and travel by public transportations, bicycles, or on foot.In cities like Beijing, Guangzhou, and Changsha, temporary Car-Free Zones which limit the driving of private cars were set up.Due to the campaign, many citizens chose to give up driving cars and, instead, use low-carbon means of travel."I decided to cycle around on this holiday with my boyfriend after learning that it's Car-Free Day today," said Li Yang, a resident of Jinan in east China's Shandong province.In Hangzhou, the scenic capital of Zhejiang province, 51,500 bicycles were placed at 2,050 rental points to encourage residents to travel by bicycle, said Tao Xuejun, vice general manager of the Municipal Public Bicycle Service Company.The municipal transport offices in Zhengzhou City and Kunming City also made special arrangements to support the campaign, including increasing the frequency of buses, adding bus routes, offering discounted tickets and limiting the use of government vehicles. However, the situations differ in other cities, and not all citizens are satisfied with the arrangements of the local authorities."Why are there still large traffic jams?" wrote "Yuerrachel", a sina microbloger under a photo showing blocked roads. "It is more of a show", said "Fengjiechuanqi" in a microblog at Sina.com.cn."It seems no big difference from the daily situation here. Only a few people are willing to give up driving cars," said Cui Rongrong, an economic analyst working in Shandong.Other netizens also accused the Car-Free policy of becoming an obstacle to normal transport."Due to the establishment of the Car-Free Zone on major roads, the private cars which have to go other ways blocked roads outside the zone," said a microblog of "Momingqimiaode" on Sina.com.cn.Actually, the rapid increase in the number of private cars has caused a heavy burden in China's cities. Days before the festival, many cities around the country had witnessed serious traffic jams.Last Friday evening, 140 traffic jams occurred in Beijing due to the heavy rainfall and holiday traffic before the Mid-Autumn Festival. In the city of Changsha, more than 1,000 kilometers from Beijing, the roads were reported to have turned into huge parking lots during the past two evenings."It took me half an hour to go downtown yesterday, three times the time it usually takes," said Cui in Shandong.Though the influence of the Car-Free campaign is limited, optimistic opinions about it were voiced."It is still helpful for increasing the public's sense of protecting the environment," said "lilili8565731" at Tieba.Baidu.com."I think the authorities should make more efforts to improve the public transit services with the residences' needs in mind, instead of putting on a show once a year on Car-Free Day," wrote "niuniuniuniu" at Tieba.baidu.com.Car-Free Day was originated in France in 1998 when citizens in 35 French cities decided to stop driving cars on Sept. 22 of each year. Since then, people around the world have begun to celebrate environmentally friendly transportation every year.

HANOI, Oct. 28 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday met separately with the prime ministers of Vietnam, Cambodia and Laos in Hanoi ahead of a series of summits between the Association of Southeast Asian Nations (ASEAN) and its partners.At the meeting with Vietnamese Prime Minister Nguyen Tan Dung, Wen hailed Vietnam's preparation for the upcoming meetings, saying that China would join with Vietnam to ensure the success of the meetings at a time of profound changes going on in the international situation.Wen called for proper handling of the issue of South China Sea, saying it is of vital importance to the sound and stable development of China-Vietnam relations.He noted that China and Vietnam have established a negotiation mechanism to solve the issue, and he hoped the two countries would discuss and sign an agreement on basic principles guiding the solution to the issues of the sea as early as possible.Dung agreed with Wen's remarks.Expressing the high importance China placed on the summits, Wen said China would strengthen communication and coordination with Vietnam and work with all sides concerned to push forward East Asian cooperation.Wen said friendship and cooperation have remained the mainstream of China-Vietnam relations since the establishment of the bilateral diplomatic ties 60 years ago. He said sound and stable development of the relationship is of vital importance to both sides and the region.The premier vowed that China would maintain high-level contacts with Vietnam, establish a hotline between leaders of the two countries, and strengthen consultation between all departments to enhance their mutual trust, deal with disputes appropriately and promote common interest.

BEIJING, Aug. 31(Xinhua) -- China has cracked 278,000 criminal cases and broken up nearly 1,650 mafia-style gangs since it launched a campaign to maintain public security in rural-urban fringe zones and on campuses in January.About 256,000 suspects had been arrested as of Tuesday, according to a national working group on maintaining public security composed of officials from government agencies, including the Central Commission for Political and Legal Affairs of the Communist Party of China (CPC) and the Ministry of Public Security.Investigating and rectifying public security threats remains an arduous task, said Wang Lequan, deputy secretary of the Commission.The government will maintain its "strike hard" policy against mafia-style gangs, crimes involving guns and explosives, gambling, prostitution and drugs, Wang said. Authorities have "zero-tolerance" for such crimes, he added.