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COPENHAGEN, Nov.23 (Xinhua) -- Denmark's new tax on fatty foods is having little impact on consumer habits, an opinion poll showed Wednesday.Only seven percent of those polled said they had changed their shopping habits since the tax was imposed Oct.1, said FDB Analyse, which conducted the poll for Danish news agency Ritzau.The world's first fat tax affects products containing more than 2.3 percent saturated fat, meaning a kilo of saturated fat costs 16 Danish kroner (2.87 U.S. dollars).As a result, butter, cream, cheese, meat, cooking oil and processed foods like pizza and biscuits are among thousands of products that have become dearer in recent weeks.However, two out of three respondents to the poll said price rises are too low to make them alter their dietary habits, an opinion shared by some in the food retail sector."Price rises per product vary from a few oere to 2 kroner (0.36 U.S. dollar)," said Mogens Werge, Director of Consumer Policy at Coop, a supermarket chain which accounts for 40 percent trade in basic daily goods in Denmark."No Danes will change their dietary habits just because the cost of a packet of cookies rises by 35 oere," he told DR News, Denmark's public broadcaster.The Danish Agriculture and Food Council, an industry association, says the fat tax costs a Danish family with two children an additional 1,000 kroner (180 dollars), per year.Reacting to the poll, the Social Democratic Party (SDP), which leads Denmark's coalition center-left government, said the fat tax must be given more time to take effect."There are several parameters to measure the tax, one of which is purely economic, where you have to consider a longer time period," SDP consumer affairs spokesperson Mette Reissmann, told DR News."Also, I never thought we would suddenly become a nation that rejects fatty foods. It takes a long time to change consumer behavior," she added.The government's Commission on Prevention, tasked with finding ways to improve the nation's health, also said it is too early to evaluate the fat tax's impact. It believes the tax discourages purchase of unhealthy foods, and will help raise average Danish life expectancy by one week.For their part, two-thirds of poll respondents suggested the government would do better by removing value added tax (VAT) on healthy foods like fresh fruit and vegetables, and instead raise it on food products containing fat and sugar.Denmark already imposes 25 percent VAT on most consumer goods and food products.

BEIJING, Dec. 16 (Xinhua) -- China issued rules for pilot programs of RMB Qualified Foreign Institutional Investors (RQFII) on Friday, formally giving a green light to investment of overseas RMB funds in mainland securities markets.The move is expected to widen the investment channel of overseas RMB funds and add new momentum to the country's bid to make the RMB an international currency.Hong Kong subsidiaries of fund management companies and securities firms can use RMB funds raised in Hong Kong to invest in mainland securities within a permitted quota, according to the rules jointly released by the China Securities Regulatory Commission (CSRC), the People's Bank of China and the State Administration of Foreign Exchange.The total investment quota of RQFII pilot programs is set at around 20 billion yuan (3.15 billion U.S. dollars), according to the rules.To control risks, qualified investors should invest no less than 80 percent of the RMB funds they raised in fixed-income securities, while investment in stocks and equity funds should account for no more than 20 percent.The CSRC will join other related departments to study the possibility of further expanding the trial program after its launch, said a CSRC official who declined to be identified.The launch of the RQFII will open another significant channel for overseas RMB funds to flow back into the country, said the CSRC official.It will also help diversify investment products for overseas RMB funds and facilitate off-shore RMB business, the official said.The RMB is not fully convertible under the capital account but China has stepped up efforts to make the currency more international over the past few years.The government has encouraged the use of the RMB in cross-border trade and investment settlement and approved foreign direct investment in overseas RMB funds obtained overseas.It also allowed Hong Kong to establish an offshore yuan market and has expanded trade settlement agreements and currency swaps to create more channels for the yuan to circulate outside the mainland.

CANNES, France, Nov. 3 (Xinhua) -- Chinese President Hu Jintao on Thursday urged the world's major economies to work together to promote growth and financial stability."It is imperative that we stand on a higher plane, transcend differences on specific issues, move beyond short-term considerations, and jointly seek ways to overcome the crisis and sustain development," Hu told the Group of 20 (G20) summit here."At this critical moment, the G20 must work to address the key problems, boost market confidence, defuse risks and meet challenges and promote global economic growth and financial stability," said Hu.As the premier forum for international economic cooperation, the G20 must continue to demonstrate the spirit of standing together in times of adversity and pursuing win-win cooperation, he said.The Chinese president said "the current world economic situation deserves our high attention," cautioning the global recovery is fraught with instability and uncertainty and faces growing risks and challenges.Some major economies are experiencing economic slowdown and some countries are facing acute sovereign debt problems, said Hu.He also cited volatility in the international financial markets, and high inflationary pressure in emerging markets.Hu put forward a five-point proposal on what G20 nations need to do to tide over the crisis.First, the countries should ensure growth while paying attention to balance. Given the serious risks facing the global economy and continued market volatility, ensuring growth and promoting stability should be the top priority, he said."We should introduce new and strong measures to ensure that fiscal and monetary policies are fully implemented and that funding is channeled into the real economy to boost production and employment."Second, the G20 nations should strengthen unity and send a strong signal to the world as there is widespread panic and acute lack of confidence in the markets, said Hu.He urged G20 members to strengthen consultation and coordination, tackle sovereign debt risks, regulate cross-border capital flow, put the fluctuation of commodity prices under control, mitigate global inflationary pressure and make sure that the economic policies pursued by various countries do not offset each other.Third, global economic governance should be improved through reform, Hu said.The international financial crisis has highlighted the deficiencies in the global economic governance system, said Hu."Major efforts should be made to reform and improve the international monetary system, international trading system and commodity pricing mechanism," said the Chinese president.

BEIJING, Sept. 30 (Xinhuanet) -- Miners, construction workers and people in hotel and food service industry are most likely to smoke in the U.S., according to new research finding.The finding was contained in a report released Thursday by the U.S. Centers for Disease Control and Prevention (CDC).According to the finding, miners and people in hotel and food service have a cigarette smoking rate of 30 percent, followed closely by construction workers' 29.7 percent.Both rates are much higher than the average smoking rate of 19.6 percent among all U.S. working adults.Workers in the education services industry have the lowest smoking rate, with 9.7 percent, followed by the 10.9 percent of workers in company management, the report said.Low education levels are a factor in high smoking rates, along with poverty and gender, said Ann Malarcher, senior scientific adviser at the CDC."Although some progress has been made in reducing smoking prevalence among working adults," the report wrote, "additional effective employer interventions need to be implemented."Smoking kills an estimated 443,000 each year in the U.S., costing about 193 billion U.S. dollars annually in direct health care expenses and productivity loss.

ADDIS ABABA, Nov. 15 (Xinhua) -- The African Union (AU) Commission Chairperson Jean Ping on Tuesday met and held talks with a high level Chinese delegation led by Jiang Yaoping, Chinese Vice Minister of Commerce.The discussion between the two sides was mainly focused on the cooperation between China and Africa in different sectors.Ping said AU is ready to do all possible to further strengthen its ties with China.The Chairperson said China has been working in cooperation with AU member states on various areas, including trade, investment, and diplomatic exchanges."We are happy to meet the delegation; a delegation not only as an important partner but as a friend of Africa, a friend with which we are strengthening cooperation constantly," said the Chairperson.He also reiterated that Africa is benefited from the relations with China.He said Africa has established an important relations with China within the China-Africa Cooperation Forum (FOCAC), and the two sides are now engaged in strategic dialogue on very crucial areas.Jiang said that AU has been committed to economic integration in Africa that enable member states improve the livelihoods of Africans.He also said that AU has played a constructive role in meeting global issues like the climate change.The Vice Minister stated that China has become one of the most trading partner of Africa, and the trade volume between China and Africa is increasing from time to time.Leading the delegation, Jiang has also visited the African Union Conference Center (AUCC) Project which is almost completed and is expected to be the avenue of the coming AU Summit for the first time at its own headquarter.