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HAIKOU, Oct. 12 (Xinhua) -- Rescuers have recovered the bodies of three victims in a boat capsizing incident after tropical storm Parma landed in south China's Hainan Province Monday.     Strong winds and waves triggered by Parma caused a fishing boat to capsize and sink off the coast of Wanning City Monday morning, and all nine fishermen aboard the vessel fell into water, a spokesman with the Hainan Provincial Emergency Response Office said.     By 5 p.m., one body had been retrieved and five people had been rescued. At about 8 p.m., the bodies of two more victims were found, according to the maritime bureau of Hainan. A rider falls to the ground in the heavy winds and rains in Qionghai City, south China's island Province of Hainan, Oct. 12, 2009Rescuers were still searching for one person that remained missing, the spokesman said.     Parma made a landfall in Wanning's Longgun Township at 9:50 a.m. Monday, packing winds of up to 54 km per hour, according to the Hainan Provincial Observatory.     The storm is moving northwestward at a speed of 15 km per hour.     The tropical storm brought strong winds and rains to most parts of the province, and local authorities have warned residents against flash floods, landslides and other disasters.     Price hikes of vegetable and seafood have been reported in markets in the provincial capital of Haikou, as suspension of navigation has led to commodity shortages.     In addition to Hainan, Parma brought winds and rains to coastal areas of Guangdong, Fujian and Taiwan provinces.     But the rains in parts of Guangdong have not eased a drought in the province, local authorities said. Branches levelled by heavy winds block the vehicles in Qionghai City, south China's island Province of Hainan, Oct. 12, 2009

SOFIA, Oct. 14 (Xinhua) -- Chinese Vice President Xi Jinping held talks with his Bulgarian counterpart Angel Marin on Wednesday, and both leaders pledged to further cement the traditional friendly relations between the two countries.     This year marks the 60th anniversary of the establishment of the Chinese-Bulgarian diplomatic relations, and his current visit was mainly aimed at celebrating the anniversary together with the Bulgarian side and further advancing the pragmatic friendly cooperation between the two nations, said Xi. Bulgarian Vice President Angel Marin (L) welcomes visiting Chinese Vice President Xi Jinping (R) in Sofia, capital of Bulgaria, Oct. 14, 2009While reviewing the Chinese-Bulgarian relationship over the past six decades, Xi called it a good example for the friendly co-existence between countries with different social systems.     Xi said that the two sides should maintain mutual respect, seek win-win cooperation and work together to safeguard common interest, to ensure the long-term healthy development of bilateral relations and to bring benefit to the two peoples. Bulgarian Vice President Angel Marin (3rd L) meets with visiting Chinese Vice President Xi Jinping (3rd R) in Sofia, capital of Bulgaria, Oct. 14, 2009Xi put forward a five-point proposal on further advancing the relationship between the two countries:     -- To further strengthen their traditional friendly relations on the occasion of the 60th anniversary of bilateral diplomatic ties. Xi expressed hope that governments, parliaments, and parties of both sides at all levels would enhance exchanges and cooperation and boost mutual understanding and trust;     -- To expand trade cooperation to achieve mutual benefit and create a win-win situation;     -- To deepen people-to-people and cultural exchanges, specially among the youth;     -- To continue strengthening coordination and collaboration within multilateral frameworks to jointly promote world peace and development;     -- To work for a sustainable, stable and healthy relationship between China and Europe. Chinese Vice President Xi Jinping presents a wreath at the Tomb of the Unknown Soldiers in Sofia, capital of Bulgaria, Oct. 14, 2009Marin said Xi's visit demonstrated the importance the Chinese government has attached to the relations between the two countries.     Bulgaria attaches importance to its relations with China, and has taken China as a strategic and cooperative partner. Bulgaria is ready to work with China to cement mutual political trust and intensify cooperation on trade, investment, tourism, culture and education, he said. Bulgarian Vice President Angel Marin (R) introduces the general situation of Bulgaria to visiting Chinese Vice President Xi Jinping before their meeting in Sofia, capital of Bulgaria, Oct. 14, 2009. Marin reaffirmed that Bulgaria firmly adheres to the one-China policy and supports China on issues concerning Tibet and Xinjiang.     After the talks, the two leaders attended the signing ceremony for several cooperation agreements.     Xi arrived here on Wednesday afternoon for the third leg of his five-nation Europe tour. He has visited Belgium and Germany, and will also visit Hungary and Romania.

WASHINGTON, Oct. 4 (Xinhua) -- Former U.S. Secretary of State Henry Kissinger has congratulated the Chinese people on their "unbelievable accomplishments" over the past 60 years, saying that China's modern transformation is an "extraordinary historic event." "If anyone had predicted to me in 1971 what China looks like in2009, I would have thought he was dreaming... but you have made a reality out of these dreams, " Kissinger said in a recent interview with Xinhua at his New York office on the 60th anniversary of the founding of the People's Republic of China, which falls on Oct. 1.     Kissinger, who helped pave the way for the normalization of U.S.-China relations in 1979, said the 30-year-old bilateral relationship has grown remarkably. Former U.S. Secretary of State Henry Kissinger receives an interview with Xinhua at his New York office, the United States, on Oct. 1, 2009. Kissinger has congratulated the Chinese people on their "unbelievable accomplishments" over the past 60 years, saying that China's modern transformation is an "extraordinary historic event."    "In all the years that I have seen the Sino-American relationship, I have never seen such warmth on both sides," he said.     Kissinger said now is time for the two countries to "rebalance" their respective roles in the relationship due to their changed national power in a global context.     "The world that originally saw the Chinese-American relationship was different from the world today," he said. "In that sense, both sides really have to rebalance the relationship."     The United States needs to take into account the growing role China is playing, while China needs to adjust itself to assume bigger responsibilities, Kissinger said.     Meanwhile, cooperation remains a key solution to the global challenges, he added.     "The United States and China should have a very close relationship," Kissinger said. "They should constantly exchange ideas, so when they go into an international forum like the G20, they have parallel positions and can work together."     Energy and environment remain two major long-term challenges the world has to face, while nations worldwide have yet to coordinate in the globalized economic system, he said.     It is "the imperative of our time" that China and the United States cooperate on these global challenges, he said.     The Group of 20, or G20, should become an inclusive platform for international political and economic affairs for "the next few decades," he noted.

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CHANGCHUN, July 27 (Xinhua) -- Chinese Premier Wen Jiabao at the weekend reiterated that the government would stick to its proactive fiscal policy and moderately easy monetary policy for sustained growth.     Wen made the remark during a visit in northeast China's Jilin Province, echoing a similar comment by President Hu Jintao at a conference with non-Party members on Thursday.     "To achieve a stable and a steady growth remains the top priority of the country," said Wen. Chinese Premier Wen Jiabao (L, Front) talks with local citizens at a street in Jilin, a city in northeast China's Jilin Province, July 26, 2009. Wen made an inspection tour in Jilin Province from July 25 to 27. He urged the implementation and improvement of the government's plans to stimulate the economy, including the 4-trillion-yuan stimulus package announced in November last year.     Boosted by a surge in investment driven by the stimulus, China's annual economic growth quickened to 7.9 percent in the second quarter, up from 6.1 percent in the first quarter and 6.8 percent in the fourth quarter of last year.     Wen also stressed the need to accelerate economic restructuring and promote scientific innovation to encourage vitality in the economy.     The premier said grain security was a primary task, after he talked to farmers and visited their homes in Renjia Village of Jiutai City in Jilin Province, which is one of the country's grain production bases.

ROME, Sept. 13 (Xinhua) -- China and EU agreed here Sunday to continue their dialogue in order to strengthen the important cooperation with each other.     Hua Jianmin, vice chairman of the Standing Committee of the National People's Congress (NPC), or China's legislature, met with President of the European Parliament Jerzy Buzek in Rome, before attending a summit for parliament speakers of the Group of Eight (G8) and emerging economies on behalf of top Chinese legislator Wu Bangguo. Hua Jianmin (2nd R), vice chairman of the Standing Committee of China's National People's Congress, meets with President of European Parliament Jerzy Buzek in Rome, capital of Italy, Sept. 13, 2009.During the meeting, Hua said that as two major international forces, China and the EU to deepen mutual cooperation conforms to the fundamental interests of both sides. The NPC is willing to continue making dialogues with the European Parliament in order to strengthen the bilateral cooperation.     Hua believed that the two sides should continue enhancing Sino-EU comprehensive strategic partnership in order to have a better communication and cooperation in the international financial crisis, climate change and other aspects. Hua Jianmin (L), vice chairman of the Standing Committee of China's National People's Congress, meets with Italian Chamber of Deputies President Gianfranco Fini in Rome, capital of Italy, Sept. 12, 2009.Busek said that the relation with China is very important for the EU, and the European Parliament wants to engage in frank dialogue with the NPC to promote Sino-EU cooperation in all fields.     On Saturday in Rome Hua also met with Speaker of Chamber of Deputies of the Italian Parliament, Gianfranco Fini and Speaker of the National Assembly of the Republic of South Africa, Hon Max Vuyisile Sisulu.  Hua Jianmin (1st R), vice chairman of the Standing Committee of China's National People's Congress, meets with Speaker of the National Assembly of South Africa Max Sisulu in Rome, capital of Italy, Sept. 12, 2009

BEIJING, Aug. 31 (Xinhua) -- Chinese State Councilor Liu Yandong has asked schools to educate students comprehensively about national unity during recent a tour to the Xinjiang Uygur Autonomous Region.     Liu said teachers should play a guiding role in helping students become "forceful practitioners, loyal promulgators, and strong guards" of national unity.     Great efforts should be made to develop education, science and technology, and culture in Xinjiang, Liu said. She called for contributions toward building a prosperous, affluent and harmonious socialist Xinjiang.     During the tour Liu visited educational institutes, cultural organizations and a company engaged in renewable energy.

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BEIJING, Aug. 14 (Xinhua) -- China honored Friday 49 outstanding civil servants and 31 groups from across the country that the government said had "satisfied people."     "'To satisfy people' are such simple words, but it's far from that simple to actually put it into practice. It requires civil servants to do their work diligently with love for the people," said Premier Wen Jiabao at the awarding ceremony in Beijing.     Wen hoped all civil servants across the country would learn from the models, work industriously and fulfill their jobs in accordance with laws and government policies. Chinese Premier Wen Jiabao (L, front) shakes hands with a representative attending the awarding ceremony of outstanding civil servants and groups, in Beijing, capital of China, Aug. 14, 2009. China honored Friday 49 outstanding civil servants and 31 groups from across the country that the government said had "satisfied people."    He urged all civil servants to stand against corruption and enhance their professional knowledge to better serve the people.     Li Changchun and Xi Jinping, both members of the Standing Committee of the Communist Party of China Central Committee Political Bureau, also attended the ceremony. Chinese Premier Wen Jiabao (C, front), Li Changchun (R, front), member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, and Chinese Vice President Xi Jinping (L, front) pose a group photo with representatives attending the awarding ceremony of outstanding civil servants and groups, in Beijing, capital of China, Aug. 14, 2009

WASHINGTON, Oct. 4 (Xinhua) -- Former U.S. Secretary of State Henry Kissinger has congratulated the Chinese people on their "unbelievable accomplishments" over the past 60 years, saying that China's modern transformation is an "extraordinary historic event." "If anyone had predicted to me in 1971 what China looks like in2009, I would have thought he was dreaming... but you have made a reality out of these dreams, " Kissinger said in a recent interview with Xinhua at his New York office on the 60th anniversary of the founding of the People's Republic of China, which falls on Oct. 1.     Kissinger, who helped pave the way for the normalization of U.S.-China relations in 1979, said the 30-year-old bilateral relationship has grown remarkably. Former U.S. Secretary of State Henry Kissinger receives an interview with Xinhua at his New York office, the United States, on Oct. 1, 2009. Kissinger has congratulated the Chinese people on their "unbelievable accomplishments" over the past 60 years, saying that China's modern transformation is an "extraordinary historic event."    "In all the years that I have seen the Sino-American relationship, I have never seen such warmth on both sides," he said.     Kissinger said now is time for the two countries to "rebalance" their respective roles in the relationship due to their changed national power in a global context.     "The world that originally saw the Chinese-American relationship was different from the world today," he said. "In that sense, both sides really have to rebalance the relationship."     The United States needs to take into account the growing role China is playing, while China needs to adjust itself to assume bigger responsibilities, Kissinger said.     Meanwhile, cooperation remains a key solution to the global challenges, he added.     "The United States and China should have a very close relationship," Kissinger said. "They should constantly exchange ideas, so when they go into an international forum like the G20, they have parallel positions and can work together."     Energy and environment remain two major long-term challenges the world has to face, while nations worldwide have yet to coordinate in the globalized economic system, he said.     It is "the imperative of our time" that China and the United States cooperate on these global challenges, he said.     The Group of 20, or G20, should become an inclusive platform for international political and economic affairs for "the next few decades," he noted.

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HONG KONG, Sept. 28 (Xinhua) -- The launch of Renminbi sovereign bonds in Hong Kong on Monday shows China's efforts to boost the international use of the yuan step by step, officials and analysts said.     The bond issue, worth only 6 billion yuan (878.5 million U.S. dollars), marked a key milestone in the internationalization of the RMB.     Hong Kong was chosen for, and will benefit from, the milestone bond sale thanks to its unique position as the international financial center providing desired cushion against the potential risks when the program was launched, analysts said.          BOOSTING INTERNATIONAL USE OF RMB     The bond issue in Hong Kong came earlier than expected, said Hu Yifan, an economist with CITIC Securities.     "The need for the RMB to go international and convertible has been growing along with the increasing importance and openness of the Chinese mainland economy and the risks arising from over- reliance on the United States dollar as the reserve currency," said Tse Kwok-leung, head of economic research of Bank of China ( Hong Kong) Limited.     China has been launching pilot RMB programs over the years, but the pace has obviously quickened since the onset of the global financial crisis. Pilot RMB programs launched in Hong Kong over the past 12 months also included yuan-denominated cross-border trade settlement and trade financing, yuan bonds issued by policy banks, commercial lenders and the branches of foreign banks, and currency swaps.     The sovereign bond issue would help "boost the international use of the RMB in a steady and orderly manner," the Chinese Ministry of Finance quoted Acting Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Henry Tang as saying.     The sovereign bond sale in Hong Kong serves the purpose of water testing to "see how it is received by international investors." Hong Kong has a unique strength in that it provides the desired cushion against potential risks when the pilot programs were launched, given that the mainland capital market was yet to open up, Tse said.          BOOSTING NASCENT BOND MARKET IN HONG KONG     The bond issue ahead of the Chinese National Day showed the central government's support for Hong Kong, Vice Minister of Finance Li Yong said.     It will help Hong Kong build on its strength as an international financial center by boosting the nascent bond market in Hong Kong, Tse Kwok-leung said.     "It calls for a banking system, a stock market and a bond market, all developed, to make a developed international financial center," Tse explained.     Hong Kong has been aspiring to be the leading international financial center in the Asian time zone.     Government statistics showed that the total assets of Hong Kong's banking system and the size of its stock market were both about six times its gross domestic product, compared with a bond market equivalent to 43 percent of its gross domestic product.     Bonds issued in Hong Kong in 2008 totaled 424.4 billion HK dollars (54.4 billion U.S. dollars), with 67 percent issued by the Hong Kong Foreign Exchange Fund, which was established to defend the Hong Kong dollar peg to the U.S. dollar.     The other 33 percent were accounted for by development banks from outside Hong Kong and corporate bonds issued by local players. There were no sovereign bonds.     Tse said the bond issue will also help improve the liquidity of, and diversify, the local bond market. It will also improve the operation of the RMB bond market in Hong Kong by helping find the benchmark interest rate in the local market.     Tse said the demand for sovereign bonds issued by an economy as strong as the Chinese mainland was huge, given the impact of the global financial crisis on the corporate bond market.     Vice Minister of Finance Li Yong also said he believed the bonds will be well received.     "I believe the RMB sovereign bonds will prove popular with investors looking for safe and prudent investments. I definitely think it will be successful," Li said.

XIAMEN, Sept. 9 (Xinhua) -- China remains the most attractive country for foreign capital, despite that the country's foreign direct investment declined for ten straight months, a commerce official said Wednesday.     "China has been the top destination for foreign capital for 17 consecutive years," Wang Chao, assistant commerce minister, said at the World Capital Forum in Xiamen, east China's Fujian Province.     A report released by the United Nations Conference on Trade and Development (UNCTAD) on July 22 showed that China stands first on the list of five most attractive destinations for foreign capital, followed by the United States, India, Brazil, and Russia.     The country has received 48.3 billion U.S. dollars of foreign direct investment (FDI) from January to July this year, down 20.3 percent over the same time last year amid a global economic downturn, Wang said.     Wang said the country's prospects for overseas investment remains optimistic as it would simplify examination and approval procedures toward foreign investors.     It will also guide foreign investment to go to high technology industry, advanced manufacturing industry, energy saving and environment protection industries, in a bid to optimize investment structures.