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BEIJING, Oct. 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), dropped 43 basis points Tuesday to 6.6775 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.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 2.19 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 9.2574 Tuesday, higher from 9.3215 on Oct. 11, the previous trading day.The yuan's rate against 100 yen was 8.124 Tuesday, compared with 8.1276 on Monday.The yuan's rate against the British pound was 10.6042, compared with 10.6311 on the previous trading day.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.

BEIJING, Oct. 27 (Xinhua) -- Chinese Vice Premier Hui Liangyu met with Bahamas Prime Minister Hubert Ingraham in Beijing Wednesday, vowing joint efforts with the island country to boost cooperation.Hui hailed the rapid progress of bilateral ties, citing frequent high-level exchanges, enhanced substantial cooperation and cultural exchanges, and close coordination in global and multilateral areas."Enhanced China-Bahamas relations meet the fundamental interests of both countries and peoples," he said.Ingraham, on his second visit to China, said he had made the correct choice in setting up diplomatic ties with China 13 years ago and sticking to the one-China policy.Chinese Vice Premier Hui Liangyu (R) meets with Bahamian Prime Minister Hubert Ingraham in Beijing, capital of China, Oct. 27, 2010.He spoke highly of China's great achievements, and appreciated China's support for his country on issues of major concern such as the Bahamas' entry into the World Trade Organization.Ingraham hoped to cement cooperation with China, in particular in tourism.Hui said China remained a developing country though it had made remarkable progress in economic and social development.China would stick to a scientific development path and reform and opening-up, he added.Ingraham will travel to Shanghai for the World Expo, which will conclude on Oct. 31.

ZHENGZHOU, Sept. 20 (Xinhua) -- A senior official of the Communist Party of China (CPC) in charge of culture and publicity has pledged to deepen the nation's reform of its cultural sector over the next five years.More state-owned cultural institutions will be converted into enterprises as the nation builds a competition-based market for cultural products and services, Liu Yunshan, a Secretariat member of the CPC Central Committee and head of the Publicity Department of the CPC Central Committee, said Monday.Liu was speaking at a workshop on a blueprint for the country's cultural reforms and development for the "12th Five-Year Plan" (2011-2015), which was held in Luoyang in central China's Henan Province.In his speech, the official called for the mapping out of the goals and tasks of the country's cultural development in accordance with the requirements of the Scientific Outlook on Development."Cultural restructuring is fundamental for the emancipation of cultural productivity and the realization of cultural prosperity and development," he said.Other speakers at the meeting included Party officials responsible for local publicity work in the provinces of Henan, Hebei, Zhejiang, Jiangxi, Shandong, Guangdong, Yunnan, Shaanxi and Fujian, as well as the autonomous regions of Guangxi and Inner Mongolia.

BEIJING, Oct. 25 (Xinhua) -- Senior Chinese leader Zhou Yongkang Monday called on the country's law enforcement and judicial agencies to safeguard social justice and improve their credibility.Zhou, member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of CPC Central Commission for Political and Legal Affairs, made the remarks at the commission's group study.Law enforcement agencies should serve the people, said Zhou, who called for special efforts to enhance the public security, rights protection and social justice.He asked the law enforcement organs to take necessary measures to ensure the security of the Shanghai Expo which closes at the end of this month, and the 16th Asian Games, which are scheduled to start in Guangzhou on Nov. 12.

SHANGHAI, Oct. 30 (Xinhua) -- China said it would continue close cooperation with the United Nations as Ban Ki-moon, the UN Secretary-General, visited Shanghai Saturday.In talks with Ban Saturday night, Chinese Foreign Minister Yang Jiechi applauded UN' s important role in world affairs and expressed China's support to and participation in the organization's work."China stands ready to maintain close coordination and cooperation with the UN. We will give the organization and the Secretary-General strong support," Yang told Ban.The UN chief thanked China's backing to the UN and himself and expressed willingness to further cooperation with China.Congratulating China on the success of the World Expo, Ban said he had a "most impressive" day in Shanghai Saturday by seeing the "biggest expo" in his life.Ban visited pavilions including the UN, China, Republic of Korea and the Democratic People's Republic of Korea. He will attend the World Expo closing ceremony and opening ceremony of World Expo Summit Forum slated for Sunday.Yang and Ban also exchanged views on Millennium Development Goals (MDG), climate change and other international and regional affairs.