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BEIJING, Nov. 17 (Xinhua) -- China and Chile celebrated the 40th anniversary of bilateral diplomatic ties at a reception here Wednesday.Chinese State Councilor Liu Yandong and visiting Chilean president Sebastian Pinera attended the reception, which was held by Chilean Embassy.China was ready to take the opportunity of this anniversary to push forward Sino-Chilean relations, Liu said when addressing the reception.Noting Chile was the first Latin American country to establish diplomatic ties with China, Liu said the Chinese government attached great importance to developing the bilateral ties from strategic perspective.Pinera, on his first China visit since taking office as Chilean president in March, expressed the willingness to expand cooperation and friendship with China, and he hailed the progress made in bilateral cooperation since the two countries forged ties in 1970.Chile is China's second biggest trade partner in Latin America and China is Chile's biggest trade partner. Bilateral trade last year rose 2.1 percent to 17.72 billion dollars.China and Chile forged a comprehensive cooperative partnership in 2004.

OSLO, Dec. 10 (Xinhua) -- More than 200 overseas Chinese in Norway demonstrated here on Friday to protest against the Nobel Committee's decision to confer this year's Nobel Peace Prize to Liu Xiaobo, a convicted Chinese criminal.The organizers said the overseas Chinese, who joined the demonstration near Oslo city hall despite cold weather, were from 13 Chinese communities.The protestors held banners reading "Liu Xiaobo Is A Criminal!""No Meddling in China's Internal Affairs!" "Peace Prize = Political Tool!" "Opposition to Nobel Peace Prize to Liu Xiaobo" and "Oppose The Wrong Decision By The Norwegian Nobel Committee", chanting slogans such as "China has contributed to world peace!"A Norwegian man also took part in the protest, holding a banner reading "Liu Xiaobo did nothing to peace!"Ma Lie, president of Norway Association for Promoting Peaceful Reunification of China, said the Nobel Committee made a wrong decision to confer the prize to Liu, noting it should not intervene in China's domestic affairs and hoping the committee can really understand the notion of world peace.On Nov. 29, representatives of overseas Chinese in Norway handed an open letter to Geir Lundestad, secretary of the Norwegian Nobel Committee, strongly protesting the awarding of this year's Nobel Peace Prize to Liu.Liu was sentenced to 11 years in prison for engaging in activities aimed at overthrowing the government.

WUHAN, Jan. 5 (Xinhua) -- China is building museums and shooting a blockbuster movie in honor of the 1911 Revolution, whose centenary will be celebrated this year on both sides of the Strait.Also known as the Xinhai Revolution, the uprising in 1911 was remembered for creating the Republic of China, the first republic in the Asian history.Its spiritual leader, Sun Yat-sen, was also the founder of the Kuomintang (KMT).The Republic of China, however, ended its rule after the KMT was defeated by the Chinese Communist Party (CPC) and retreated to Taiwan in 1949.Both the Chinese mainland and Taiwan have promised a grand celebration of the revolution's 100-year anniversary, which will fall on October 10 this year.On the mainland, an epic movie depicting the revolution will hit the screen in September to recall the event.Named Xinhai Revolution, the movie stars over 70 leading Chinese actors and actresses, including Jackie Chan, Li Bingbing, and Winston Chao.It is another blockbuster China has made to present landmark revolutions.The previous film was Founding of a Republic, which hailed the 60th anniversary of the birth of the People's Republic of China in 2009.Apart from encouraging people to attend the cinema, many Chinese cities are also arranging exhibitions featuring the revolution.In the central Chinese city of Wuhan, where the revolution began, a new museum, the 1911 Revolution Museum, will be opened on the eve of the centenary.The city has also mounted a global search for lost materials and artifacts related to the revolution, said He Xiaoxu, the chief of Wuhan Bureau of Culture."The city government will assist in the work of gathering materials for the museum and fund the purchases," said He.So far, the museum has received 40 pieces of artifacts retrieved by purchases and 70 by donations, including three from Taiwan.The three artifacts, including one photograph and two calligraphies by revolutionary figures, were contributed by the leader of a Taiwan-based exchange promotion organization.Yang Yi, spokesman for the Taiwan Affairs Office of the State Council, said the Chinese mainland supported a joint celebration of the anniversary with Taiwan."The commemoration of the revolution will help unite people across the Strait in achieving the great rejuvenation of the Chinese nation," said Yang.

BEIJING, Jan. 14 (Xinhua) -- China will increase the flexibility of the yuan exchange rate and further push forward the opening-up of its financial markets, a senior central bank official said Friday.China will continue the reform of the yuan exchange rate mechanism and keep the rate basically stable at a reasonable and balanced level, Li Dongrong, assistant governor of the People's Bank of China, said at a forum. The speech was posted on the central bank's website.The Chinese yuan strengthened to a record high against the U.S. dollar Friday, the central parity rate reaching 6.5896, the second straight day it has been set below 6.6 per dollar, according to the China Foreign Exchange Trading System.The currency has risen by more than 3 percent since the country's central bank announced in June 2010 it would further reform the yuan exchange rate formation mechanism to improve its flexibility.Li also said the central bank will work to expand trials of cross-border yuan settlement, to facilitate trade and investment.The central bank will promote the policy of allowing exporters to park their foreign revenue overseas, Li said, adding that it will further develop the foreign reserves market and create tools to hedge exchange rate risk.Li's speech came after the central bank announced Thursday the nation's qualified businesses and banks may settle their overseas direct investment in yuan, a move that expands the Chinese currency's global reach and eases excess domestic liquidity concerns.Li also voiced concern about loose credit globally, saying such policies are adding to capital-inflow and currency-appreciation pressures, leading to asset bubbles in some emerging economies.China still faces many challenges, Li said. "Expectations for inflation are rising. Housing prices are still high in some cities. Pressure from continuous inflows of foreign capital is increasingly evident," he said.The central bank will soundly manage money supply and maintain reasonable growth in credit, he added.