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BEIJING, Sept. 21 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), jumped 113 basis points, or 0.17 percent, Tuesday to a new record high at 6.6997 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System.Tuesday's yuan central parity against U.S. dollar beat the previous record of 6.7110 per U.S. dollar on Monday and extended the Chinese currency's gains to eight consecutive trading days.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 1.87 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.According to Tuesday's central parity rates, the yuan's value strengthened against all the currencies within its basket with lower rates.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 8.7522 Tuesday, lower from 8.7595 Monday.The yuan's rate against 100 yen was 7.8204 Tuesday, compared with 7.8275 Monday.The Chinese currency soared 814 basis points against the British pound with the central parity rate being set at 10.42 from Monday's 10.5014.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, Sept. 28 (Xinhua) -- Chinese farmers have begun to reap crops as autumn drew to a close, and the nation is expecting a good harvest this year, China's Ministry of Agriculture (MOA) said here Tuesday in a statement on its website.The forecast is based upon higher average yields and an estimate that China's planting area for autumn crops rose by 10 million Mu (about 667,000 hectares) from one year ago, said the ministry.According to figures from the MOA, a total of 386 million mu of crops had been harvested by Sept. 27, accounting for 33.3 percent of the total.In a break down of the harvest, 130 million mu of rice, or nearly 50 percent of the total rice planted, had been reaped, while 140 million mu of corn and 60.7 million mu of soybean were harvested, accounting for 28.5 percent and 46.5 percent of the total, respectively, said the MOA.The ministry also arranged for 29 million sets of farm equipment to help with the autumn harvest, it said.China's grain output reached 530.8 million tonnes in 2009, the sixth consecutive year of growth in grain yield.In the wake of a severe drought in China's southwestern regions earlier in the year, summer grain output this year stood at 123.1 million tons, down 0.3 percent from one year ago.
BEIJING, Sept. 30 (Xinhua) -- Chinese Premier Wen Jiabao said here Thursday that the Chinese government would develop more open policies to attract high-level foreign talent to China.China's development would not be achieved without the understanding and support from the international community, Wen said.He also urged government departments to create more favorable policies for foreign experts in China, concretely implement the policies and provide better working and living conditions for these experts.Wen made the remarks during his meeting with 50 foreign experts who had won this year's "Friendship Award" at the Great Hall of the People.Chinese Premier Wen Jiabao (C) meets with foreign experts, who have just received the Friendship Award presented by the Chinese government, and their relatives in Beijing, capital of China, Sept. 30, 2010. Wen, on behalf of the Chinese government and the people, congratulated the winners and thanked them for their outstanding contribution to the country's social and economic development.He also met with the winners' family members and extended his greetings to them, as well as to all foreign experts and friends working in China.Foreign experts in China were the participants in China's development and the eyewitnesses of such development and progress in China, Wen said.The achievements China had gained were a result of both the hard work of the Chinese people and the wisdom and efforts of the foreign experts, he said.The "Friendship Award" is an annual award issued by the Chinese government to honor outstanding foreign experts in China. A total of 1,149 foreign experts from 60 countries have been awarded the honor since it was issued in 1991.This year's 50 winners come from 16 countries, and they are experts in various fields such as industry, agriculture, energy technology, environment, education, health and cultural sectors. They received the award at a ceremony on Wednesday.On Thursday, Wen also met with new ambassadors to China from 32 countries at the Great Hall of the People.
HAIKOU, Oct. 17 (Xinhua) - More than 100,000 people have been evacuated as a new round of torrential rains battered China's southernmost island province of Hainan, local authorities said Sunday.Floods have inundated more than 200 villages in the cities of Haikou, Wenchang and Qionghai, said Sun Wei, deputy director of disaster relief and public services department with the provincial meteorological bureau.Residents who have been displaced are living in government buildings and school classrooms, or at the homes of relatives and friends, Sun said.A pedlar works on the rain flooded street in Qionghai, south China's Hainan Province, Oct. 17, 2010. Heavy rainfall hit Qionghai again on Sunday.From Friday to mid Sunday the province received 200 mm of rainfall, on average, and the rainfall in some places was even as high as 426 mm, he told reporters.The new round of rainstorms added to the misery after floods plagued the province earlier this month.Many local rivers are running with water levels now higher than their warning marks and over 70 percent of 1,100 reservoirs have safety concerns, said Wang Zhenxing, deputy director of the provincial flood control and drought relief office.With the flood situation still worsening, Hainan will face further rainstorms with the approaching super typhoon Megi, the strongest typhoon this year, beginning next Friday.
XINING, Sept. 29 (Xinhua) -- Northwest China' s Qinghai on Wednesday became the first province to establish a regulation that holds local governments and state-owned enterprises responsible in coping with climate change.Called Qinghai' s Regulations of Coping with Climate Change, issued by the provincial government Wednesday and scheduled to take effect on Oct. 1, the regulations will cover the Qinghai-Tibet Plateau, which has one of the most fragile ecological systems in the world.Energy savings, emissions reductions, water resource conservation and other works related to climate change will be considered when evaluating senior officials of governments and state-owned enterprises administered by Qinghai, the new regulation stipulates."The regulation is a landmark in China' s creation of a legal framework in curbing climate change as it stresses and specifies local government' s responsibility on climate change," said Wang Zhiqiang, head of the policy and law department of the China Meteorological Administration.Governments administrated by Qinghai should build policies in line with the regulation and support green development, said Li Xiaoyu, deputy head of Qinghai' s legislative office."If officials fail to meet their duties in combating climate change, they are subject to punishments stipulated by the regulation," Li added."The regulation, based on China' s laws, regulations and policies, provides a basis for law enforcement and government agencies to implement climate change policies and punish offenders," Wang said."Qinghai' s temperature has been on the rise, reaching record highs this summer, and the trend is still going up," said Wang Shen, deputy head of Qinghai' s Meteorological Bureau.Statistics show Qinghai' s temperature has been rising by 0.35 centigrade every ten years, compared to the world average of 0.13 centigrade.Some mountain ice caps and frozen soil atop the Qinghai-Tibet Plateau are melting, triggering floods, expanding deserts and degrading the ecology.Qinghai is the source of the Yangtze River and the Yellow River, China' s two major rivers. The Mekong, an international river that runs through southern Asia, also begins in the province. Its ecology has attracted extensive concern from home and abroad.China' s state council issued a plan to cope with climate change in 2007.