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BEIJING, April 27 -- The yuan will remain stable against the U.S. dollar as China will take a cautious and stable position in its foreign exchange investment.     The Chinese currency gained against the US dollar in the past week and ended at 6.8273 last Friday, according to the China Foreign Exchange Trade System. The yuan closed at 6.8311 by the end of the previous week.     China will continue its policy of diversifying its huge amount of foreign exchange reserves, the currency regulator said last Friday.     Hu Xiaolian, head of the State Administration of Foreign Exchange, told Xinhua news agency that it will stick to major currencies and high-quality assets in its foreign exchange investments.     China's overseas earnings hit 82.5 billion U.S. dollars in the past year, an 8-percent rise from a year earlier, according to data released by the administration last Friday.     Hu also noted the positive outlook of China's economy has lessened concerns over a depreciation in the yuan.

RAMALLAH, June 23, (Xinhua) -- With more than 30 years of involvement in the work related to the Middle East issue, China's new special envoy to the Middle East Wu Sike said on Tuesday that he'll employ his personal experience on the region to help fulfill his mission.     Wu arrived in the West Bank city of Ramallah on Tuesday, starting the second leg of his first regional tour as China's new special envoy.     Upon his arrival, Wu told Xinhua that Chinese and Palestinian peoples have a traditional friendship, China has been long supporting the righteous Palestinian cause, with the positive sign emerged recently on the peace issue, China, along with the international community, is concerning on how to revive the peace process and push forward the process toward a final solution.     With this concern, Wu said the aim of his trip is to know the attitude and response of all sides involved in the peace process on the newly emerged situation, lay out China's stance on the issue, and exert efforts to boost the process with all sides in coordination.     Touching upon the issue of the internal Palestinian dispute between factions, mainly the rival Fatah and Hamas, Wu said Palestinian unity is crucial to solve the Middle East issue.     "Hamas is a major Palestinian faction, which enjoys strong public support," said the envoy, adding that, "it'll be important if Hamas can take an positive attitude toward the peace process and involved in it."     Wu said China is willing to see the success of the internal Palestinian dialogue, and is ready to make efforts on helping Palestinians to achieve national unity.     Wu, former Chinese ambassador to Egypt, was appointed as the special envoy in March this year to replace Sun Bigan.     He has been director of the Department of West Asian and North African Affairs of the Foreign Ministry, ambassador to Saudi Arabia and Egypt, and also the first Chinese plenipotentiary to the Arab League.     Citing his three-decade long diplomatic experiences in the region, Wu said that he witnessed both the disasters and losses caused by conflicts and the development, stability and opportunities brought by peace tracks between countries in the region.     "The contrast between the two tracks makes me convinced that military confront could not bring about the resolution of the Middle East issue, and the only way out is through peace negotiations," said the envoy.     Bearing the belief, the envoy said he will discuss both his personal experience and China's stance on the Middle East issue with all sides during his mediation, and actively involve in the peace process to fulfill his mission. 

SHENZHEN, July 18 (Xinhua) -- Chen Yunlin, president of the mainland's Association for Relations Across the Taiwan Straits (ARATS) said Saturday that the ARATS will offer more support to help Taiwan businessmen weather through the financial crisis.     Chen said this at a symposium here Saturday on the development of Taiwan companies amid the financial crisis.     According to the Taipei World Trade Center, the second purchase delegation from the mainland had shown intention to purchase more than 600 million U.S. dollars worth of goods from Taiwan companies in the coming 12 months during a weeklong visit to the island, mainly involving food, drinks, garments and daily necessities.     "Under the current circumstances, we should positively seek more cooperation opportunities to overcome the hardships," said Chiang Pin-kung, chairman of Taiwan-based Straits Exchange Foundation (SEF).     The mainland will send the third procurement delegation to the island in August, focusing on the island's chemical industry, electronic products and automobiles.     More than 50 representatives from the mainland-based Association of Taiwan Investment Enterprises, the Taiwan-based "Chinese National Federation of Industries" and other organizations attended the symposium, which was jointly held by the ARATS and the SEF.

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HONG KONG, May 18 (Xinhua) -- China will definitely be able to meet the target of achieving eight percent economic growth in 2009, a senior official of the country's top economic planning body said here Monday.     "Judging from the indicators of the first four months, I do believe it is highly possible to achieve an eight percent growth for the full year. In fact, I believe the target will definitely be met," said Xulin, head of the Department of Fiscal and Financial Affairs of the National Development and Reform Commission.     Speaking at a briefing in Hong Kong, Xu said the basic assessment was that there has been consolidation in the recovery momentum and that the minor slowdown in April, normal as it has been when considering the past experiences, did not necessarily signal a second bottom in the ongoing economic downturn.     Economic planners have been monitoring the economy closely and are prepared to put in place additional measures in the coming months if it is necessary, Xu said.     Post-earthquake reconstruction in Sichuan province was being carried out quicker than previously planned. Small and medium enterprises were receiving financing aid from guarantee programs, Xu told local as well as foreign reporters.     The National Development and Reform Commission will approve 600 billion yuan (88 billion U.S. dollars) of corporate bonds this year as the IPO market remained cool, compared with 236 billion (35 billion U.S. dollars) for 2008, Xu said.     The debt of the Chinese government was about 20 percent of gross domestic product, compared with over 190 percent for Japan, close to 100 percent for the United States and 60 percent on average for the European economies.     The Chinese government has planned a budget deficit of 950 billion yuan (139 billion U.S. dollars) for 2009, which represented about 2.8 percent of gross domestic product.     Xu said the ample resources could sustain heavy government investment to stimulate the economy for several years although "it was not necessary. "The Chinese government will spend more resources to develop public housing programs and a pension system and to push forward the health reform, so as to increase the contribution of domestic consumption to economic growth," Xu said.     "I don't think export can still play the roles as they did in past few years in driving the Chinese economy," Xu said, adding that China, as a responsible player, would like to see a moderately stable yuan.

HAIKOU, April 20 (Xinhua) -- Premier Wen Jiabao said that the infrastructure in south China's Hainan Province should be improved to make tourism a pillar of the island's economy. Wen made the remarks during a weekend visit.     Developing tourism amid the global downturn would do much to boost economic growth and employment and expand domestic consumption, he said. Chinese Premier Wen Jiabao (Front, R) holds a baby's hand during a visit to Benli village in Haikou, south China's Hainan Province April 19, 2009. Wen was on an inspection tour on the island province from April 18 to 19    More effort should be made to improve tourism services, build scenic sites and attract more domestic and foreign tourists.     He said the tropical province should accelerate development of modern service industry and high-efficient tropical agriculture. Chinese Premier Wen Jiabao (Front, C) talks with workers on a farm in Chengmai county, south China's Hainan Province, April 19, 2009. Wen was on an inspection tour on the island province from April 18 to 19Wen also encouraged local enterprises to tap into the overseas market while expanding domestically.     Hainan became a province in 1988 and later was designated a special economic zone.     Last year, the island hosted 18.4 million tourists, reaping 17.1 billion yuan (2.5 billion U.S. dollars).

BEIJING, May 8 (Xinhua) -- Premier Wen Jiabao on Friday visited Xiamen, a southeastern port city which faces Taiwan across the sea, urging cooperation for a win-win result for the mainland and Taiwan.     With more than 3,300 Taiwan-invested companies, Xiamen, in Fujian Province, is a frontier platform for cross-Straits exchanges.     While touring Chenhong Technology Company, Wen was pleased to learn the Taiwan-invested high-tech company registered a strong growth last year despite the global financial crisis. Chinese Premier Wen Jiabao (2nd L Front) smiles as he talks with clerks in the ticket hall of the Xiajin passenger transport dock in Xiamen, a coastal city in southeast China's Fujian Province, May 8, 2009. Premier Wen Jiabao made an inspection tour in Xiamen on May 8. He said the current peaceful development of cross-Strait ties had benefited both sides.     "Recently, we have initiated new policies and measures to support the development of an economic zone on the western side of the Taiwan Strait. Taiwan-invested companies will have more development opportunities," Wen said.     At Prima Electronics, another company with Taiwan investment, Wen was attracted by the company's slogan which urges the two sides to "join hands." Chinese Premier Wen Jiabao (C) poses for photos with tourists on the beach in Xiamen, a coastal city in southeast China's Fujian Province, May 8, 2009. Premier Wen Jiabao made an inspection tour in Xiamen on May 8."That's a very good slogan," he said. "To join hands is what the two sides must do. We welcome investment from Taiwan, because that boosts not only capital and technology exchanges, but brings people closer."     At a symposium with representatives from Taiwan-invested companies in the evening, Wen asked all sides to work together and play their roles for the cross-Straits economic development and the rejuvenation of the Chinese nation.

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BEIJING, May 31 (Xinhua) -- Chinese President Hu Jintao visited two primary schools in Beijing Sunday, joining children in language classes, games and kite painting, and wishing them a healthy and bright future.     Hu made the visits on the eve of the annual International Children's Day, which falls on Monday and will be celebrated by about 250 million children under the age of 14 across the country.     Hu first went to Jushan Primary School, where 90 percent of some 700 students are children of migrant workers from outside the Chinese capital. Chinese President Hu Jintao (C) stays with Chinese and foreign children at Fangcaodi International School in the Chaoyang District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's DayThe boarding school is seen as a model of equal and quality teaching for migrant children.     Hu joined first grade children, who were learning Chinese idioms such as "When you drink water, think of its source." Satisfied with their understanding, Hu told them to learn to be grateful for what they enjoyed and to study hard.     During a handcraft session, the president was shown works made from recycled materials and paper. He happily joined several students in finishing a mosaic map of China, using pieces of egg shell.     "This is a good idea to use recycled materials to make handcrafts. I hope you become more aware of saving natural resources and environmental protection," Hu told the excited kids. Chinese President Hu Jintao (3rd R) is present at a class at Fangcaodi International School in the Chaoyang District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's DayOn the school's playground, the president's skill at kicking shuttlecock, a popular game among Chinese, won him applause.     He stressed children of rural migrant workers in cities should enjoy same rights to standard education so they can grow up equally healthy and happy as the children of urban residents.     During a visit to the Fangcaodi Primary School, an international school, Hu's attention was attracted by a group of first grade foreign students who were speaking fluent Chinese.     The smiling president listened them saying their names, ages and their home countries. He also acted as a teacher, discussing the differences between lemons and oranges. Chinese President Hu Jintao (C) visits Chinese and foreign children at Fangcaodi International School in the Chaoyang District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's Day.Hu joined the children painting kites and doing makeup of traditional Peking opera. He also taught kids to make dumplings, atypical Chinese food.     Established in 1956, the school has more than 4,000 foreign students from more than 150 countries and regions. Many are children of foreign diplomats, experts and business people living in Beijing.     Before leaving, Hu told Chinese and foreign students to help each other and to make progress together for a better world.     Other senior Chinese officials also took part in activities on Sunday to celebrate Children's Day. Chinese President Hu Jintao (C) watches a performance by pupils at Jushan Primary School in the Haidian District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's Day. Li Changchun, a member of the Standing Committee of the Communist Party of China Central Committee Political Bureau, attended an evening gala in Beijing that featured songs, dance, martial arts and acrobatic performances by young artists.     Chen Zhili, vice-chairwoman of the National People's Congress Standing Committee, China's top legislature, was invited to a national singing performance in Beijing.     Almost 1 million children will join activities in the next four months to sing patriotic songs that will be recorded and broadcast by China National Radio.     In a separate gathering in Beijing, Chen praised a charity program to aid girls who had dropped out of school because of poverty. Chinese President Hu Jintao (3rd R Back) poses for a photo with pupils at Jushan Primary School in the Haidian District of Beijing, capital of China, May 31, 2009, one day ahead of the International Children's Day.In 1989, the Children's Foundation of China, the All-China Women's Federation, the Ministry of Agriculture and the State Nationalities Affairs Commission, jointly launched the "Spring Bud Program" to pool donations from across the country to help millions of young girls who are forced to drop out of school.     The program has helped an estimated 1.7 million girls, mainly of primary and junior middle school levels, return to school in the past two decades.     Chen, who also chairs the All-China Women's Federation, told the meeting that the program plans to help poor female students to finish high school, as well as to provide technical training.Li Changchun (C), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee meets with children after attending an evening gala in Beijing that featured songs, dance, martial arts and acrobatic performances by young artists in Beijing, China, May 31, 2009.

BEIJING, July 5 (Xinhua) -- The Chinese government has allocated more than 126 million yuan (about 18.4 U.S. dollars) for disaster relief in six worst rainstorm-hit provinces, autonomous regions or municipalities in south China, the Ministry of Civil Affairs said here Sunday.     The six provinces, autonomous regions and municipalities include Guangxi, Jiangxi, Hunan, Hubei, Guizhou and Chongqing.     A total of 5,200 tents were also sent to Guangxi, Jiangxi and Hunan to provide shelter for the people displaced there, the ministry said.     While Beijing and neighboring provinces are fighting heat waves, the southern half of the country has been drenched in rain or flood since late June.     The latest round of rainstorms and flood, also this year's worst according to the ministry, had battered 12 provinces, killing 75 people and leaving another 13 missing and 938,000 homeless as of 4 p.m. Sunday.     Close to 40 million people were affected by the rainstorms and the flood, it said, adding that a total of 101,000 houses were toppled in the flood, causing over 13 billion yuan (about 1.9 billion U.S. dollars) in direct economic losses, it said.

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WASHINGTON, April 22 (Xinhua) -- U.S. Secretary of State Hillary Clinton expressed concerns about the development of Taliban militants in Pakistan on Wednesday, calling for effective efforts to curb the insurgents advance in the war-torn country.     Speaking to the Foreign Affairs Committee in the House of Representatives, Clinton said that the U.S. government believes Pakistani government shares U.S. goals in defeating terrorism.     However, she criticized Pakistani authorities for having made a peace deal that allows militants in Pakistan's northwest to impose Islamic law in exchange for a cease-fire with Taliban insurgents. U.S. Secretary of State Hillary Clinton testifies before the House Foreign Affairs Committee on the foreign policies of President Barack Obama administration on the Capitol Hill in Washington, April 22, 2009    "I think the Pakistani government is basically abdicating to the Taliban and the extremists," she said, urging Pakistan's government and Pakistanis at home and abroad to "speak out forcefully against a policy that is ceding more and more territory to the insurgents."     It was reported that Taliban militants in Pakistan's Swat valley are stretching out to the region just 110 kilometers from the capital Islamabad, in a bid to broaden their control.     Swat has been one of Pakistan's main tourist destinations since2007, when the security forces began to fight against local Taliban in the region.     Last week, Pakistani President Asif Ali Zardari signed the regulation introducing Sharia, or Islamic law, into northwestern Pakistan. The local government has issued a formal notification on enforcing Sharia in Malakand and Kohistan divisions including the restive Swat valley. Washington has expressed concerns about the enforcement of Islamic law in the region. U.S. Secretary of State Hillary Clinton (R Front) arrives to testify before the House Foreign Affairs Committee on the foreign policies of President Barack Obama administration, as anti-war protestors hold a demonstration, on the Capitol Hill in Washington, April 22, 2009

BEIJING, June 1 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Monday called on local governments and government agencies to improve production safety and crack down on illegal practices.     The number of accidents and casualties had fallen this year, Zhang said in a teleconference aimed to improve production safety.     However, some industries still had potential dangers, he said.     Zhang urged authorities to enhance work safety supervision and remove hidden dangers at work places to avoid accidents.     Any illegalities, especially in major industries such as coal mining, construction, and fireworks production, must be eliminated.