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BEIJING, Nov. 12 (Xinhua) -- China would not let the yuan gain against the U.S. dollar in the short term, experts said here Thursday when commenting on the latest quarterly report of China's central bank.     People's Bank of China (PBOC), the central bank, said Wednesday in its quarterly report of monetary policy, for the first time, that the bank would improve the mechanism of the exchange rate determination "based on international capital flows and movements in major currencies".     "The new wording showed that China would reduce speculation and strengthen risk control in the future, but it did not necessarily suggest a change in the yuan's exchange rate policy," said Tan Yaling, an expert with the China Institute for Financial Derivatives at Peking University.     "The future mechanism would reflect China's own concerns and status," she said.     China's foreign exchange reserves surged to a record 2.27 trillion U.S. dollars as of the third quarter of 2009, up 19.26 percent year on year, PBOC reported in September.     According to Yin Jianfeng, a researcher with the Chinese Academy of Social Sciences (CASS), a government think tank, it is natural for the central bank to pay more attention to increasing international capital inflows.     "Excessive liquidities are pouring into China as the country is witnessing rapid recovery while the economic condition is still weak in the western world," he said.     Zuo Xiaolei, chief economist with Galaxy Securities, said the central bank's report indicated the government had raised concerns that such inflows would put China under huge external pressure for yuan appreciation.     Zuo predicted that as the U.S. dollar depreciates further, excessive liquidity will be a global issue in future, which would in turn pull up China's foreign reserve to a new level.     China has been facing calls to let its own currency gain against the dollar since it recovered quickly from the financial crisis, especially after it reported the positive economic data of last month, however, experts had expressed different opinions.     "Sudden upward movement in the yuan would slow China's economic growth when the country's exports just showed signs of recovery, "Tan said, "All in all, the exchange rate policy should not be subjected to other countries but serve our own economy."     Also, the pace of yuan's appreciation should be determined not only by the foreign trade surplus, according to Zuo Xiaolei.     The balance of China's internal development should also be taken into consideration, including the massive stimulus package and the accumulated liabilities of local governments, she said.     China's exports slid 13.8 percent year on year to 110.76 billion U.S. dollars in October, said the National Bureau of Statistics Wednesday. The decline rate was 1.4 percentage points lower than that of September.

BEIJING, Dec. 29 (Xinhua) -- Chinese Vice Premier Li Keqiang has stressed that more efforts should be made to improve the people's livelihood while promoting economic growth.     Li made the remarks during a recent visit to north China's Shanxi Province, where he chatted with village cadres and laid-off workers. He said it is an important duty for the Party and government to solve the basic livelihood problems of the people.     The goal of the nation's economic growth is to improve the people's well-being, he said. Chinese Vice Premier Li Keqiang (R) inspects the "shanty towns" to be pulled down at Guloudongjie Street in Datong, north China's Shanxi Province, Dec. 27, 2009. Li Keqiang made an inspection tour in Shanxi from Dec. 27 to 28Li also said the government should help meet the basic needs of disadvantaged people and further promote employment, compulsory education, basic medical care, public health and affordable housing projects to ensure the people's well-being.     The efforts would not only let more people share the fruits of development, but promote the country's domestic demand and economic restructuring, according to Li.

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YANGON, Dec. 19 (Xinhua) -- Chinese Vice President Xi Jinping arrived here on Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour.     In a written statement, Xi said China and Myanmar were good neighbors, and the long-term friendship, fostered by the leaders of the two countries, had been upgraded since the two countries forged diplomatic ties. Chinese Vice President Xi Jinping (L, front) is greeted upon his arrival in Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour    He said the two countries had conducted fruitful cooperation in various fields and maintained coordination in the international and regional affairs.     China-Myanmar relations were in conformity with the interests of the two peoples, and conducive to the peace, stability and development of the region, he said. Chinese Vice President Xi Jinping is greeted upon his arrival in Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour."I will take the purpose of cementing traditional friendship, reciprocal cooperation, and common prosperity to exchange views with the leaders of Myanmar," Xi said.     During his stay in Myanmar, Xi will meet Than Shwe, Chairman of the State Peace and Development Council, and held talks with Maung Aye, vice-chairman of the council.     Prior to Myanmar, Xi visited Japan and South Korea. He will visit Cambodia after Myanmar.Chinese Vice President Xi Jinping (L) is greeted by Myanmar Foreign Minister U Nyan Win upon his arrival at the airport of Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour.

BEIJING, Oct. 22 (Xinhua) -- Chinese Vice Premier Li Keqiang said here Thursday the peaceful and safe use of nuclear energy requires joint efforts of the international community. Li made the remarks when meeting with heads of some of the delegations attending the third meeting of ministerial level officials of the executive committee of the Global Nuclear Energy Partnership(GNEP) in Beijing.     Li said China is ready to deepen international cooperation in this respect by promoting mutual benefit and win-win of all parties. Chinese Vice Premier Li Keqiang (2nd, R) meets heads of some of the delegations attending the third meeting of ministerial level officials of the executive committee of the Global Nuclear Energy Partnership(GNEP) in Beijing, capital of China, on Oct. 22, 2009    GNEP is an international organization aimed to accelerate development and use of clean fuel technology worldwide and reduce the risk of nuclear proliferation.     Li said GNEP provides a platform for relevant countries to carry out exchanges and cooperation. He expressed the wish that GNEP partners should adhere to the principle of equality and seeking common ground through consultation.     He hoped that the partners should reach consensus on the basis of thorough consultation so as to realize common development.     Li said nuclear energy is a quality, highly efficient clean energy. The peaceful use of nuclear energy is an important task for the human kind to achieve sustainable development.     As the most populated developing country in the world, China has made active effort to develop new energy, including nuclear energy, Li said.     This is conducive not only to improving standards of energy supply and meeting the demands for economic, social development and improvement of people's living standards, but also good for environment protection and harmony of energy and environment, Li said.     The GNEP ministerial meeting will be held in Beijing on Friday. Delegations from 42 countries and two international organizations will attend the meeting, including the International Atomic Energy Agency.

YANGON, Dec. 19 (Xinhua) -- Chinese Vice President Xi Jinping arrived here on Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour.     In a written statement, Xi said China and Myanmar were good neighbors, and the long-term friendship, fostered by the leaders of the two countries, had been upgraded since the two countries forged diplomatic ties. Chinese Vice President Xi Jinping (L, front) is greeted upon his arrival in Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour    He said the two countries had conducted fruitful cooperation in various fields and maintained coordination in the international and regional affairs.     China-Myanmar relations were in conformity with the interests of the two peoples, and conducive to the peace, stability and development of the region, he said. Chinese Vice President Xi Jinping is greeted upon his arrival in Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour."I will take the purpose of cementing traditional friendship, reciprocal cooperation, and common prosperity to exchange views with the leaders of Myanmar," Xi said.     During his stay in Myanmar, Xi will meet Than Shwe, Chairman of the State Peace and Development Council, and held talks with Maung Aye, vice-chairman of the council.     Prior to Myanmar, Xi visited Japan and South Korea. He will visit Cambodia after Myanmar.Chinese Vice President Xi Jinping (L) is greeted by Myanmar Foreign Minister U Nyan Win upon his arrival at the airport of Yangon, Myanmar, Dec. 19, 2009. Xi Jinping arrived in Yangon Saturday to start a visit to Myanmar, the third leg of his four-nation Asian tour.

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BEIJING, Dec. 31 (Xinhua) -- Chinese State Councilor Liu Yandong said here on Thursday that the country will push forward educational reform to promote educational equity and quality.     Liu made the remarks while inspecting the Central University for Nationalities and the Beijing Language and Culture University.     Liu praised the Central University for Nationalities for their contribution to ethnic unity and the development of ethnic areas. She urged the university to help students find their jobs and help students from poor families.     During the visit to the Beijing Language and Culture University, Liu expressed the hope that students from foreign countries could deeply understand and feel China and promote friendship between China and people all over the world.     She also expressed New Year greetings to the country's teachers and students, including students from abroad.

TAIPEI, Nov. 8 (Xinhua) -- The Chinese mainland's 20 million yuan of donations to ethnic minorities in the typhoon-hit Taiwan have been "all given out", Kao Chin Su-mei, a representative of the ethnic minorities, said here Sunday.     Earlier in August, the Taiwan Work Office of the Communist Party of China Central Committee announced it has raised 20 million yuan (about 95.4 million new Taiwan dollars) for the ethnic minorities in Taiwan after Typhoon Morakot hit the island.     The donation plan was announced when a delegation headed by Kao Chin Su-mei visited Beijing on August 19.     The donation has been distributed to more than 2,153 homeless ethnic minority families (30,000 new Taiwan dollars for each), more than 3,300 primary and junior high school ethnic minority students in hardest-hit areas (5,000 new Taiwan dollars for each), and nearly 14,00 senior high school and junior college ethnic minority students (10,000 new Taiwan dollars for each), according to Gao Chin Su-mei.     All the donation had been distributed to ethnic minority victims of the typhoon, she said.     Currently, about 500,000 people of ethnic minorities live in Taiwan, 80 percent of whom make a living by growing and processing agricultural products.

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SHANGHAI, Nov. 16 (Xinhua) -- United States President Barack Obama is to meet with Shanghai Party chief Yu Zhengsheng on Monday and have a dialogue with Chinese youths afterwards before heading for Beijing in the afternoon. A girl presents a bouquet to U.S. President Barack Obama after he arrives at Shanghai Pudong International Airport on Nov. 15, 2009Obama arrived in Shanghai Sunday night to start his four-day state visit to China, his first trip to the country since taking office in January.     The China visit is one leg of Obama's Asian tour, including state visits to Japan and the Republic of Korea and attending a summit of the Asia-Pacific Economic Cooperation (APEC).

BEIJING, Nov. 15 (Xinhua) -- China should enhance supervision and management of the country's insurance investment, said Li Kemu, vice chairman of the China Insurance Regulatory Commission (CIRC),on Sunday.     "With insurance funds were extended into disparate fields, other than bank deposit, demand for a better supervision and risk control enhanced, said Li at the International Finance Forum held in Beijing.     By the end of September, 3.4 trillion yuan (497.8 billion U.S. dollars) of insurance funds were invested in bonds, mutual funds, and stocks markets. Bonds investment alone accounted for 50.6 percent of the total.     Jiang Dingzhi, China Banking Regulatory Commission (CBRC) Vice Chairman also highlighted the importance of establishing a "all-coverage" financial supervision system.     He suggested the country broaden the financial supervision and management system, which would put the mutual funds, hedge funds, and credit risks appraisal agencies under control.     The new system requires financial institutions to share information, and also cooperate to fill the supervision blanks between different financial markets, he said.