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LUSAKA, July 26 (Xinhua) -- Zambian President Rupiah Banda on Monday met with visiting Chinese State Councilor Dai Bingguo, discussing ways to strengthen Zambia-China cooperative relations and further develop friendship between the two countries.President Banda said that Zambia has achieved obvious economic and social progress in recent years and the country has developed into a new page. He contributed this partly to the concrete cooperation with China.It's believed that Zambia will experience new change with further development of bilateral friendship and cooperation, Banda said, expressing hope to keep on high-level exchanges of visits between governments and parties of the two sides, as well as cooperation in all fields such as economy, trade, infrastructure, education and health care, with the aim to push forward Zambia- China relations to a new step.Zambian President Rupiah Banda meets with visiting Chinese State Councilor Dai Bingguo in Lusaka, Zambia, July 26, 2010.The President noted that it is grateful to see active investment from China to Zambia, which did help the country overcome the difficulties encountered in the global financial crisis. Chinese investors are always welcomed to start business in Zambia as an engine to boost local economy.Dai, for his part, hailed the traditional friendship between the two countries and reviewed the Zambian President's successful visit to China in February this year when he and Chinese President Hu Jintao reached common views in future development of bilateral relations.China will together with Zambia work hard to realize the common views and well push forward the bilateral relations, the Chinese senior official said.The China-Zambia cooperation, which has achieved fruitful developments, is strategic and mutual-beneficial cooperation. The relations between the two sides is on the basis of mutual respect, equal ties and joint development, Dai said.

BEIJING, July 23 (Xinhua) -- Chinese President Hu Jintao Friday urged greater efforts to reform the nation's cultural system to boost China's "soft power."Hu, also General Secretary of the Central Committee of the Communist Party of China (CPC), made the remarks at a meeting of the CPC Central Committee Political Bureau.Hu listed the key tasks to reform China's cultural system now and in the near future:-- The acceleration of the reform on the cultural system and encouragement for cultural innovation;-- The acceleration of the building of a public network providing cultural services;-- The acceleration of the development of the cultural industry through the fostering of new cultural industry forms;-- The enhancement of the guidance of production of cultural products so as to meet the needs of the public.Hu said cultural reforms must take development as their theme.He asked CPC committees and governments at all levels to put cultural reform high on their agendas.

BEIJING, July 12 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), stood at 6.7718 per U.S. dollar Monday, a new record high, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

GENEVA, July 19 (Xinhua) -- Wu Bangguo, China's top legislator, on Monday called for the international community to demonstrate confidence, strengthen cooperation and safeguard peace to speed up the realization of the Millennium Development Goals (MDGs)."The parliament should supervise and support its own government to implement the MDGs, to take peaceful and friendly foreign policy, and to properly handle sensitive issues in bilateral ties and international relations," Wu, chairman of the Standing Committee of the National People's Congress (NPC), said at the opening ceremony of the third World Conference of Speakers of Parliament.The MDGs, endorsed by UN members in 2000, set out eight targets ranging from halving extreme poverty to halting the spread of HIV/AIDS by 2015.Wu Bangguo (4th R, Front), chairman of the Standing Committee of China's National People's Congress (NPC), poses for a group photo with other participants of the third World Conference of Speakers of Parliament held in Geneva, Switzerland, July 19, 2010."Over the past decade, the world has been achieving results on the MDGs, but the progress remains slow," Wu said. "Developing countries, especially the most underdeveloped countries, are in escalated economic difficulties and the gaps between the north and the south widen."Wu said that implementation of the MDGs becomes more crucial under the impact of the global financial crisis in particular.He said confidence is the premise of realizing the MDGs. The global financial crisis has an impact that can not be neglected on the implementation of the MDGs, but the world should aware that the MDGs and dealing with the crisis are not contradictory, Wu said.He stressed it will be more significant for the international community to speed up the MDGs' implementation process while there still exists in-depth impact of the financial crisis and uncertainty of the world economy's systematic and structural risks.