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SHANGHAI, June 16 (Xinhua) -- Yu Zhengsheng, Party chief of Shanghai, the host city of the 2010 World Expo, met Wednesday with Vicente Gonzalez Loscertales, secretary-general of the International Exhibition Bureau (BIE).Yu extended gratitude to Loscertales for his assistance and support given to Shanghai in hosting the World Expo. He said the Expo operation is getting better and better as the organizer has been committed to resolving various problems found in the operation and strengthening communication with all participating countries and organizations.Loscertales said after almost six weeks, the organizer has made lots of achievements in improving the work and increasing the efficiency of the Expo operation.Running from May 1 to Oct. 31, the Expo, with the theme "Better City, Better Life," has drawn participation by an unprecedented 189 countries and 57 international organizations.The number of daily visitors to the Expo Park reached a new high Tuesday as 546,700 people entered the Park, breaking the earlier record of 524,900 set on June 5.

BEIJING, June 19 (Xinhua) -- The People's Bank of China, China's central bank, has decided to proceed further with the reform of the Renminbi exchange rate regime to enhance the RMB exchange rate flexibility, a spokesperson of the central bank said Saturday.The decision was made in view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China, the spokesperson said in a statement.In further proceeding with the reform, continued emphasis would be placed to reflecting market supply and demand with reference to a basket of currencies. The exchange rate floating bands will remain the same as previously announced in the inter-bank foreign exchange market, the spokesman said.The spokesperson said China's external trade is becoming more balanced. The ratio of current account surplus to GDP, after a notable reduction in 2009, has been declining since the beginning of 2010."With the BOP account moving closer to equilibrium, the basis for large-scale appreciation of the RMB exchange rate does not exist," the spokesperson said.The PBOC will further enable market to play a fundamental role in resource allocation, promote a more balanced BOP account, maintain the RMB exchange rate basically stable at an adaptive and equilibrium level, and achieve the macroeconomic and financial stability in China, the spokesperson said.China has moved into a managed floating exchange rate regime based on market supply and demand with reference of a basket of currencies since July 1, 2005.The spokesperson said the reform of the RMB exchange rate regime has been making steady progress since 2005, producing the anticipated results and playing a positive role.With the current round of international financial crisis was at its worst, the exchange rate of a number of sovereign currencies to the U.S. dollar depreciated by varying margins."The stability of the RMB exchange rate has played an important role in mitigating the crisis' impact, contributing significantly to Asian and global recovery, and demonstrating China's efforts in promoting global rebalancing," the spokesperson said.The gradual recovery of the global economy and upturn of the Chinese economy has become more solid with enhanced economic stability. It is desirable to proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility, said the spokesperson.
HARARE, June 18 (Xinhua) -- The National Art Gallery of Zimbabwe said on Friday Zimbabwe's stone sculpture on exhibition at the 2010 Shanghai World Expo has particularly proved popular among Chinese visitors.Assistant curator Thomas Pasirai who recently went to Shanghai as an expert to help set up Zimbabwe's exhibition in the African pavilion, told Xinhua in an interview that the Chinese were fascinated by Zimbabwe's stone works."The Zimbabwean pavilion is fantastic and the Chinese are very excited about our pavilion to the extent that we have got some Chinese who are being photographed with some of the life-size stone works while others get excited to the extent of kissing the works," Pasirai said.He said Zimbabwe was in a unique position in that it was one of the few countries that produce stone sculpture different from other African countries."Other African countries do wood work and other materials but with us it is that stone sculpture which is particularly exciting the Chinese," he said.The National Art Gallery shipped about 80 pieces of stone carvings that are on display at the Shanghai Expo. These were sourced from various artists and different studios in the country, Pasirai said.Other products being marketed include basketry, wooden drums and stools.Organizations such as the National Parks and Wildlife Management Authority and the Zimbabwe Tourism Authority are also exhibiting."By the end of this month we will be having exhibitions like trophies and stuffed animals," he said.Pasirai said Zimbabwe's pavilion was exceptionally designed according to the Great Zimbabwe, the amazing ancient ruins from which Zimbabwe derive its name. The ruins, in scripted in 1986 as the UNESCO World Heritage site, is among Zimbabwe's great tourist attractions.The other side of the pavilion shows the mighty Victoria Falls while the other shows pictures of flora and fauna and the different projects being undertaken in Zimbabwe to improve the lives of communities, Pasirai said.He said Zimbabwe was highlighting these projects in keeping with the theme of the Expo, which is "Better City, Better Life" from where Zimbabwe has adapted its theme "Transforming our Communities for A better Life"."We are doing this to enable the Chinese to understand us more. We want them to understand that Zimbabwe is a beautiful nation where they can enjoy the flora and fauna."Zimbabwe is sharing exhibition space with other African countries in the African pavilion where it is neighbors with Zambia and Uganda.There is also a selling bazaar where exhibitors from different African countries are selling their wares.Pasirai commended China for the excellent way it had created the Expo, noting that China's design culture was very advanced.China's promotion of the green environment and the general hygiene on the streets also caught Pasirai's eye who hoped Zimbabweans will emulate some of the hygienic standards in the Asian country."The Chinese do have a culture of management of waste from an individual perspective and I hope our people will learn from them, "he said.Zimbabwe will send about 60 small and medium enterprises to exhibit at the Expo which started in May and ends in October this year. The entrepreneurs will go in batches of 10 per month.More than 200 countries and up to 80 million visitors are expected to descend on Shanghai for the six-month exposition, and Zimbabwe will get a chance on August 11- a national day set for it- to showcase its economic, tourism and business potential to the world.Each participating country will have a day set aside for it to market itself to the outside world.Apart from marketing various products, Zimbabwe has said it will take the Expo as an image building opportunity after years of negative publicity from the Western media.
LONDON, July 5 (Xinhua) -- First Minister of Scotland, Alex Salmond, is currently leading Scotland's tourism and trade mission to China from 5 July, including a planned visit to Shanghai Expo 2010.During the five-day trip, the delegation will visit Shanghai, along with a planned visit to Shanghai Expo 2010, before traveling to Beijing. The group will combine trade workshops, sales calls, media meetings and a Scottish Golf Day.As an emerging global economic power and an essential partner for Scotland, China contribute to the key purpose of the Scottish Government, which is to increase sustainable economic growth. Shanghai Expo provides a focus and an ideal opportunity to build and maintain relationships and promote Scotland as a key economic partner.First Minister of Scotland, Alex Salmond, said: "It is vital that the Scottish Government, our agencies and Scotland's businesses do all they can to continue advancing the nation's relationship with China.""I will lead our delegations to a series of events at the Shanghai Expo, where we are supporting a significant Scottish presence to raise Scotland's profile and to encourage some of the anticipated 70 million visitors to the Expo to see Scotland as a place to live, to work, to study and to visit." Mr. Salmond added.China is one of Scotland's most important emerging markets with an increase in visits from 7,000 in 2005 to approximately 11,000 a year from 2007 to 2009, with these visits are worth average of 7 million pound to the Scottish economy each year.
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