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BEIJING, March 14 (Xinhua) -- Chinese Premier Wen Jiabao said here Sunday a stable exchange rate of the Renminbi(RMB), or yuan, will facilitate the recovery of the world economy in the mid of the global financial crisis.He made the remarks at a press conference after the closing of the annual parliament session.Wen said since China began its currency reform to unpeg the yuan against the U.S. dollar in July 2005, the yuan has appreciated 21 percent against the U.S. dollar, or 16 percent in real terms. Chinese Premier Wen Jiabao smiles during a press conference after the closing meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 14, 2010"We did not depreciate the RMB from July 2008 to February 2009 when the global economy was in extreme trouble, but it appreciated in real terms by 14.5 percent," Wen told hundreds of domestic and foreign journalists.Wen said during this period, China's exports fell by 16 percent but imports only dropped 11 percent and its trade surplus decreased 102 billion U.S. dollars.

BEIJING, Jan. 19 (Xinhua) -- China announced Tuesday that it awarded the eight peace-keeping police killed in the Haiti earthquake the title of "martyr" as their bodies were brought home Tuesday morning Beijing time.The awards were jointly approved by the Ministry of Public Security (MPS) and the Ministry of Civil Affairs, the MPS said in a statement on its website."The peace-keeping police who tragically died were always devoted to their missions; they respectfully completed many urgent, difficult, dangerous and arduous tasks; they have made a great contribution to safeguarding world peace," read the statement.It also said that compensation would be handed out, which was standard government procedure in such instances.Soldiers carry the coffins of the eight peacekeeping police officers who died in the Haiti earthquake at the airport in Beijing, China, Jan. 19, 2010Bodies of the seven policemen and a policewoman arrived in Beijing on a chartered China Southern Airlines flight.Hundreds of thousands of Chinese, including President Hu Jintao and Premier Wen Jiabao, have expressed their grief and condolences for the dead.More than 500,000 people are feared dead after the 7.3-magnitude earthquake hit the Caribbean island country Jan.12 local time.

BEIJING, Jan. 20 (Xinhua) -- Chinese leaders and people Wednesday bade farewell to eight peacekeeping police officers who were killed in the 7.3-magnitude earthquake in Haiti last week.Top leaders Hu Jintao, Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang joined thousands of members of the public at the ceremony held at the Babaoshan Revolutionary Cemetery in western Beijing.People were standing in long lines outside the ceremony hall in the winter chill, waiting to pay tribute to the peacekeepers who were posthumously honored Tuesday by the government as "martyrs." The coffins of the eight peacekeeping police officers draped in Chinese national flags are laid at the Babaoshan Revolutionary Cemetery in Beijing, China, Jan. 20, 2010. A farewell ceremony for the eight peacekeeping police officers will be held on Wednesday morning in BeijingIn the hall, hung above the photographs of the officers was a black banner reading "Deeply mourning Chinese peacekeeping police officers who lost their lives in the Haiti earthquake."Their coffins were decorated with white chrysanthemums, a traditional Chinese funeral flower, and covered by China's red national flag, surrounded by wreaths offered by their colleagues, friends and the country's leaders.All nine leaders, in dark suits with white flowers pinned in their lapels, stood in silent tribute and bowed three times toward the coffins.Hu Jintao and other leaders shook hands with family members of the eight deceased, expressing deep sorrow and condolences.Among the eight officers, four were in a team sent by the Ministry of Public Security to Haiti's capital, Port-au-Prince, for peacekeeping consultations, and the other were officers of China's peacekeeping force in Haiti.They were talking with U.N. staff in the headquarters of the UN Stabilization Mission in Port-au-Prince when the quake occured at about 4:50 p.m. on Jan. 12 local time.Their bodies arrived back in Beijing on Tuesday.At www.sina.com.cn, a leading Chinese Internet portal, more than 1.2 million people have offered virtual wreaths in an on-line tribute."May the heroes on peace. We will remember in our hearts what you have done. You are forever alive in our hearts," said "Tingtingjiuhao" in a post on the website

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BEIJING, Jan. 20 (Xinhua) -- Presidents of China and Austria on Wednesday witnessed the signing of a package of deals and vowed to uplift bilateral relationship."China would like to work with Austria to bring relationship to a new high," Chinese President Hu Jintao told visiting Austrian President Heinz Fischer. Chinese President Hu Jintao (L) and Austrian President Heinz Fischer inspect the guard of honour in Beijing, China, Jan. 20, 2010. Fischer arrived here Tuesday noon for a four-day state visit to China.In their hour-long talks at the Great Hall of the People, Hu reviewed the development of bilateral relations since China and Austria forged diplomatic relations in 1971."China and Austria witnessed deepening and growing ties," Hu said, citing expanded cooperation in economy, trade, investment, science and technology and culture. Chinese President Hu Jintao (R) shakes hands with Austrian President Heinz Fischer in Beijing, China, Jan. 20, 2010. Fischer arrived here Tuesday noon for a four-day state visit to China.Fischer echoed Hu's views, saying China had become an important cooperation partner of Austria.Fischer said Austria was satisfied with ties with China, as bilateral trade increased steadily last year despite the international financial crisis.China-Austria trade hit 4.33 billion U.S. dollars from January to November in 2009, according to China's Customs.This was Fischer's first state visit to China since he took office in July 2004.Fischer's entourage included more than 60 officials in health, defense, sports, business, commerce, banking, among others, and around 120 business executives.Fischer expressed condolences over the death of eight Chinese peacekeeping police officers in a 7.3-magnitude earthquake in Haiti last week. Their bodies were returned to Beijing Tuesday.Hu called the eight peacekeepers "excellent children of Chinese nation and loyal guards of world peace," and said Chinese people felt grieved about their suffering.Though China and Haiti have not established diplomatic relations, China dispatched an international rescue team to the Caribbean nation and offered emergency reliefs and funds, Hu said."China would work with the international community to support Haiti's relief efforts and post-quake reconstruction," Hu said.Hu appreciated the Austrian government's adherence to the one-China policy and commitment to developing positive ties with China.Looking to the future, Hu proposed both leadership maintain close contacts, governments and legislatures expand communication in a bid to deepen political trust.On the economic front, Hu said both countries should make use of their own advantages and expand cooperation. He encouraged both sides to explore new ways of collaboration and foster new areas of growth."Both sides should increase the contacts between business councils so as to boost the cooperation between small and medium-sized enterprises."He called for joint efforts to stand against trade and investment protectionism and provide a legal guarantee for expanded mutual investment.In response, Fischer said Austria welcomed the visit of Chinese business promotion delegation. He also encouraged both countries to step up aviation cooperation.Hu proposed both countries work more closely in culture, education, tourism, think tank and media, promoting dialogues between different cultures."As next year will mark the 40th anniversary of bilateral diplomatic ties, China would like to work with Austria to prepare celebrations," Hu said.Hu also pledged to cooperate more with Austria on international and regional issues.Fischer said Austria would like to play a positive role in promoting ties between Europe and China.At the end of talks, the two presidents witnessed the signing of five deals in public health, quality quarantine, science and technology, personnel training and Chinese teaching.

BEIJING, Feb. 1 (Xinhua) -- Chinese central and local governments have poured money into the building of a national cultural information and resources sharing network, deemed as the base for the country's public cultural service system, the Ministry of Culture said Monday.The central government has planned to invest 2.476 billion yuan (362.6 million U.S. dollars) in the project during the country's 11th five-year (2006-2010) plan, among which 2.07 billion yuan (303 million U.S. dollars) has been allocated so far, according to the ministry.The total investment from local governments has reached 2.7 billion yuan (395 million U.S. dollars). One national service center has been established, along with 33 provincial-level centers and nearly 3,000 county-level branch centers, according to the ministry.Initiated in 2002, the project was committed to digitizing domestic cultural resources and sharing them nationwide via Internet, satellite transmission and discs.Vice Minister of Culture Zhou Heping said Monday that the project has made new progress as local governments kept innovating in ways of transmission.The project has extended to a population of 50 million people, according to Zhou.The ministry on Monday also launched a promotion scheme of county-level digital libraries, aiming at transmitting resources from the National Digital Library to nationwide county-level libraries via the cultural information and resources sharing network.The plan would be implemented in 320 counties ahead of the two-week-away Spring Festival, while by the end of this year, a total of 2,940 counties across the country would have libraries with digital library services, the ministry said.

SINGAPORE, Feb. 16 (Xinhua) -- Singapore's Senior Minister Goh Chok Tong said on Tuesday that China will become even more important globally and Singapore must find opportunities to ride on China's growth.Speaking at the Business China spring reception on Tuesday night, Goh said that China has over the past year weathered the global economic downturn with exceptional resilience.Despite shrinking external demand and rising unemployment, China's timely and bold policy responses have enabled its economy to grow at a sizzling 8.7 percent last year, he said, adding that China is now reinforcing its role as the engine for growth in Asia, if not the world.Goh said that the city state recognized China's potential early, soon after China began to open up its economy in 1978.Because of the early efforts made by the Singapore government and Singaporeans, China is today the city state's third largest trading partner and top investment destination, Goh said.As for riding on China's growth, Goh said that the Singapore government will help its companies gain an even stronger foothold in China, and continue to catalyze business opportunities in China.The seven provincial-level business councils, as well as other high-level dialogues and platforms, help open opportunities for companies, reinforce the Singapore brand name and increase its mindshare in China, Goh said.

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ABU DHABI, Jan. 20 (Xinhua) -- The 2010 World Expo, slated for May 1 to Oct. 31 in the eastern Chinese city of Shanghai, will provide an opportunity for the United Arab Emirates (UAE) and China to enhance their mutual understanding, officials said Wednesday.The UAE is the first country to complete the "base-build" of its own pavilion at the Expo, with the exception of China's national pavilion, the state news agency WAM reported.The UAE pavilion will carry the Gulf nation's message to the people of China and many other countries, Saqr Ghobash, chairman of the National Media Council that is coordinating the project, was quoted as saying."We are particularly focused on the theme of Expo 2010 -- ' Better City Better Life' -- because we recognize that this resonates very deeply with the UAE's own experience," he said.Ghobash added that the UAE government and people have made huge strides towards creating a modern society that respects its past whilst embracing the present."We have much to share with our friends and partners in other countries. Expo 2010 provides an opportunity to do this and we are pleased to invite companies and organizations with commercial or other interests in China to participate with us in the six month long Expo 2010 in Shanghai," he said.Salem Al Ameri, commissioner general of the UAE pavilion, said there are still many opportunities for UAE companies to take advantage of the exposition."Whilst this is not a commercial exhibition in the usual sense of the word, it does offer many excellent opportunities for companies in the UAE and China to get to know each other better and to explore partnership or other opportunities. The UAE Pavilion offers a dedicated area for such exchanges and presentations," he said.

BEIJING, March 7 (Xinhua) -- Foreign Minister Yang Jiechi said Sunday China is firmly opposed to the recent moves by the United States that undermined China's core interests and the overall interests of bilateral ties and called for joint efforts to promote a return to sound relations."The responsibility for the current difficulty in Sino-U.S. relations does not lie with China," Yang told a press conference on the sidelines of the annual session of the National People's Congress (NPC), the country's supreme legislature.He said that the China-U.S relationship had a good start after President Obama took office last year.However, the U.S arms sales to Taiwan and U.S leaders' meetings with the ** Lama "caused a serious disturbance to China-U.S ties and posed difficulty to the cooperation between the two countries," he said.

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HONG KONG, Feb. 5 (Xinhua) -- The relationship between the United States and China has been growing despite potential friction over trade and other issues, said Clark T. Randt Jr., former U.S. ambassador to China, at a lecture in Hong Kong on Friday.Randt said the potential trade friction, which should not be surprising given the dire economic situation and the upcoming mid- term elections in the United States, was more likely to come from the Congress rather than the administration.Randt, who had been U.S. ambassador to China from July 2001 to January 2009, said it was not surprising that the two countries should have disagreements given the differences in history, culture and the values."But the important thing is to keep in mind ... the awareness on both sides of the very important strategic interests we share," he added.The leaders in both Washington and Beijing understand that the two countries share strategic interests on many topics, Randt said, adding that he was "sure that the United States policy towards China has not changed.""More and more Americans are trying to know China, though the Chinese people still know the United States better than the Americans know China. There are currently 11,000 to 12,000 Americans studying in Beijing," he said.

BEIJING, Jan. 23 (Xinhua) -- The Bank of China (BOC) board has agreed to sell up to 40 billion yuan (5.86 billion U.S. dollars) of bonds convertible to A shares to improve capital adequacy.The proposal will be turned into the first temporary shareholders' meeting in 2010, which will be held on March 19, for approval.Excluding issuance costs, the proceeds from the issuance of the six-year convertible bonds will be used to replenish the bank's capital base and working capital and to lift its capital adequacy ratio, according to the BOC, the third largest lender by market value in China.The BOC has been implementing positive financial policies and relatively loose monetary policies since 2009.The BOC capital adequacy ratio stood at 11.63 percent and the core capital adequacy ratio at 9.37 percent by the end of September 2009.