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BEIJING, June 27 (Xinhua) -- China awarded 50 youngsters Friday evening for their bravery in the rescue after the May 12 earthquake that jolted the southwestern Sichuan Province.     Li Changchun, member of the Political Bureau Standing Committee of the Communist Party of China (CPC) Central Committee, attended the ceremony and conferred awards to the young ethic models chosen by more than 50 million votes via telephone calls, fax and E-mails since the nationwide selection campaign was launched on June 6. Li Changchun, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, poses with honored youngsters in Beijing, capital of China, June 27, 2008. Li Changchun attended a party for honored heroical youngsters in the quake areas in Beijing on Friday.Lin Hao, a 9-year-old boy in Yingxiu Township, Wenchuan County who pulled out two classmates from the rubble, and other 19 students were awarded the honor of "heroic children" in quake rescue and relief, while the other 30 were titled "exemplary children".     At the ceremony, Li Changchun said the heroic and touching deeds of these children have provided "vivid" models for ethic education and values shaping in the country. Li Changchun, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, hugs Lin Hao, a 9-year-old honored boy from the quake areas in Beijing, capital of China, June 27, 2008. Li Changchun attended a party for honored heroical youngsters in the quake areas in Beijing on Friday    As part of the award, four senior high school graduates were enrolled by higher learning institutions without taking entrance examinations, including the prestigious Beijing University and Qinghua University.     The Ministry of Education publicized a circular on Friday to schools nationwide, calling on all students to learn from the 50 models.

KUNMING, April 2 (Xinhua) -- Chinese Premier Wen Jiabao has pledged that his government will extend further support to poor areas inhabited by ethnic minority people.     "All ethnic groups form one big family. We must be united and help each other, to prosper and make progress together," Wen told a group of Jingpo nationality farmers during a visit to the Dehong Dai and Jingpo Autonomous Prefecture in Southwest China's Yunnan Province. Chinese Premier Wen Jiabao visits the DehongDai and Jingpo Autonomous Prefecture in southwest China's Yunnan Province from March 31 to April 1.Wen's trip to Yunnan from March 31 to April 1 took place after he attended the third Summit of the Greater Mekong Subregion held in Vientiane, the capital of Laos. Yunnan has the largest number of ethnic minority groups among all Chinese regions.     Wen told farmers in Dai, Jingpo and De'ang villages that his new cabinet has decided to increase rural spending by 25 billion yuan (3.5 billion U.S. dollars).     Government shall also increase subsidies for cereal growing and farming machines as well as the minimum state purchasing prices for rice and wheat, Wen said in a Dai village, greeting local farmers in Dai language. Chinese Premier Wen Jiabao visits the DehongDai and Jingpo Autonomous Prefecture in southwest China's Yunnan Province from March 31 to April 1.At the Santaishan Jingpo village, farmer Ding Kongdao told Wen that although he no longer worries about food and basic medical care, cash income is still hard to make being in such a remote mountainous village.     The Premier said villagers should be relocated to places where life is easier and that small water conservation projects should be built to water crops.     He also suggested that farmers should also grow cash crops such as coffee and banana in addition to rice and sugar cane. Local governments should also help them find jobs in cities.     In a De'ang nationality village at the foot of a mountain, Premier Wen met Yao Lateng in his new house. When he learnt that Yao married a Han girl, Wen shook hands with the couple and said, "This is unity among ethnic groups."     The village was relocated to a flat place near national highway302 from a nearby mountain five years ago, with special government funding to help ethnic minority groups.     Wen urged local officials to make education their top priority, saying that education is the foundation for people to improve their life.     Wen also hosted a small meeting attended by a dairy farmer, a school master and a countryside doctor, among others, to solicit their opinions of government work.

BEIJING, July 16 (Xinhua) -- As the special guests of Chinese President Hu Jintao, 88 students from the quake-hit areas on Wednesday visited Zhongnanhai, the compound of central authorities, and had a joyous time with grandpa Hu before going to Russia for recuperation.     "I hope all you schoolmates will rest well and recover as soon as possible with the help of Chinese and Russian teachers. I also hope that you will take this rare opportunity to make friends with Russian pals and be the little envoys for our two countries," Hu told the children.     These middle and elementary school students, who come from western China's Sichuan, Gansu and Shaanxi provinces severely stricken by the May 12 earthquake, represent 1,000 children who are going to Russia for further recovery. Chinese president Hu Jintao talks with students from quake-hit areas who visit Zhongnanhai in Beijing before going to Russia for further recuperation on Wednesday, July 16, 2008. The first group of 181 children from China's quake-hit provinces of Sichuan and Shaanxi will fly to Russia on Thursday for a three-week recuperative vacation    The children had a wonderful time visiting the beautiful sceneries in Zhongnanhai, asking officials' innocent questions and taking pictures with big smiles.     Hu, with arms around several students, asked for their names, grades, hometowns and their feelings for traveling to Russia.     Informed that some of the children had lost their parents during the quake, Hu said, "In the homeland's big family, you have many more parents. We will help arrange your life and study well, and ensure that you grow up as happy and healthy as all the other children."     Hu carefully examined the injuries on some children and expressed the hope that they would, after coming through the calamity, become braver and tougher to overcome any difficulty in their future life.     Hu urged the students to help each other when going out of the country and wished them a wonderful time in Russia.     During the activity, Hu also met with a senior official with the Russian embassy to China and expressed his gratitude for all the help Russia offered since the quake.     "During the disaster, the Russian government and people offered us timely help, and you invited more than 1,000 quake-hit middle and primary school students to go to Russia for recovery. All these show Russian people's love for the Chinese. And it once again proves that we two countries are real good neighbors and friends," said Hu.     The death toll from the May 12 earthquake in Sichuan Province, southwest China, stood at 69,197 as of Wednesday noon, and a total of 18,238 people were still missing.

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GUANGZHOU, April 18 (Xinhua) -- Exhibitors at China's largest trade fair may have one more question to ask when their paper-thin profits are further squeezed by a fast-rising yuan.     "Are you willing to pay by euro?" Lu Jia, a sales manager from a local leather manufacturer at the Canton fair, ventured the final but most crucial question to her Turkish client after introducing her products.     "Honestly, starting clearing of euro transactions rather than the U.S. dollar is not easy for my company, but it is still worth a try given a faster yuan rise this year," the 23 year-old Lu said at the trade-promotion event in Guangzhou, capital of the southern Guangdong Province.     The Chinese currency, the yuan, breached the 7-yuan mark for the first time on April 10, gaining 4.47 percent this year and 18.27 percent since the government unpegged it from the dollar in 2005.     "The yuan appreciation far outpaced our business growth. Its weekly increases were even beyond our anticipation," said Cao Xiaojian, the Jiangsu Shuntian Co., Ltd vice chairman.     Like most other Chinese exporters, Cao earns dollar-denominated profits, which are on the decline as the dollar becomes cheaper. He said that a 1 percent rise in the yuan would result in a sales profit decrease of 2 percent to 6 percent and things were even worse for the garment industry.     "Profit margins for home electrical appliances are between 3 percent and 5 percent and the rising exchange rate has eaten them away," said Zhang Yujing, China Chamber of Commerce for Import and Export of Machinery and Electronic Products vice chairman.     Most exhibitors at the fair had to raise their offers due to higher costs in raw materials, energy and transport. Yet, they were afraid too high prices might scare away orders faced with sagging demand due to a global slowdown.     "A small rise in offers is acceptable," said Khaldoun Kalbouneh, general manager of the Furniture World, a trading company headquartered in Palestine. "But if the prices are too high, I may consider other markets."     Zhang said export-oriented sectors should improve their product mix, add more value and use financial tools to evade risks by the yuan rise.     As China's largest listed textile manufacturer, the Jiangsu Shuntian has pulled investment from textile into other industries like chemical, finance and securities, mines and high-tech, among others.     But many other companies prefer price increases. Chinese leading home appliance maker Qingdao Haier said it would re-set its prices with overseas sellers once the yuan gained more than 3 percent. The new price would be determined by the specific foreign exchange rate.     Feng Bin, Suzhou Chunlan Air Conditioner Co., Ltd general manager, said he hoped to transact via the euro. "The offer will expire in three months if the client sticks to the dollar. The exchange rate changes too quickly."     Experts say the change of currency clearing system is still not feasible for most exporters as it involves adjustment of export markets and bargain with foreign buyers. Besides, such services in domestic banks are too complicated, they say.     Therefore, some companies are considering financial derivatives as a way out. Shen Zhiming, Zhejiang Cathaya International Co., Ltd manager, said his company had bought currency futures for two years. "It is a real learning process for Chinese enterprises, a process for internationalization."     The China Import and Export Fair has two phases, from April 15 to 20 and April 25 to 30. The first phase features textiles, garments, health products, household appliances, tools, small vehicles and hardware.     Food, tea, kitchenware, decorations, toys, sporting goods and office supplies highlights the second phase.

BEIJING, May 16 (Xinhua) -- Chinese President Hu Jintao Friday went to Beichuan County of Mianyang City to visit people affected by the southwest China earthquake, encouraging them to be confident in overcoming hardships caused by the disaster.      Hu first visited quake victims in Shengli Village, Leigu Town of Beichuan. More than 1,000 out of the 18,000 population in Leigu Town died or were missing in the quake. Chinese President Hu Jintao comforts a wounded woman in Mianyang, a city in quake-hit southwestern Sichuan Province, May 16, 2008.He encouraged them to be confident in overcoming hardships caused by the disaster.Hu went into a tent to talk to one family. Seeing the man's daughter was injured in the quake, Hu said, "We know you've suffered. The quake destroyed your house and injured members of your family. We feel your anguish.     "The whole Party, army and all the people have been mobilized to support the quake relief work," he said.     Hu went out the tent and said to people standing along the road, "We will make every effort to rescue stranded people, treat the injured and make proper arrangements for the victims, as well as helping you to rebuild your homes." Chinese President Hu Jintao consoles locals in a village in Beichuan county, May 16, 2008. He encouraged them to be confident in overcoming hardships caused by the disaster. He encouraged the victims to be strong, overcome difficulty with confidence, courage and strength.     He then went to the Beichuan Middle School, where all the teaching buildings collapsed in the quake.     Knowing there were still 300 teachers and students buried in the ruins, Hu said, "Saving lives is still an urgent task. We should rescue them by every possible means as long as there is a glimmer of hope."     Hu also praised the troops conducting rescue work in Beichuan Middle School. Chinese President Hu Jintao in Beichuan county entrusts military medical personnels to take better care of a three-year-old girl who lost her mother in the devastating earthquake in Sichuan, May 16, 2008."You came to the frontline immediately, and threw yourself into the rescue work regardless of your own safety and made a great contribution.     "You have given hope, confidence and strength to the quake-affected people," he said.     Hu said the rescue work has entered a crucial stage. "You should be unafraid of fatigue and work around the clock, making great efforts to keep losses to a minimum." Chinese President Hu Jintao consoles locals in a village in Beichuan county, May 16, 2008.  In a field clinic in the middle school, he kissed the face of Luo Mengxi, a three-and-half year old girl who lost her mother in the quake.     He went back to Beichuan county seat and visited the Nanhe Sports Center, where more than 10,000 disaster-affected people were settled. He thanked the volunteers for their contribution to the rescue work.     He also visited the Mianyang City Central Hospital, telling the medics to make every effort to treat the injured. Chinese President Hu Jintao consoles locals in a village in Beichuan county, May 16, 2008. He encouraged them to be confident in overcoming hardships caused by the disaster.Hu went to the quake-hit areas Friday to console quake-affected people and direct disaster relief operation.     Hu arrived at Mianyang City at Friday noon after more than two hours of flight from Beijing. In the meeting room of the airport, he and Premier Wen Jiabao, who had been directing relief work in the disaster-hit areas since Monday, discussed the quake-relief work.     The meeting said "rescuers must reach not only towns but also all villages." The survivors who had been rescued must be transferred to safer places in time, and children who lost their parents and elders who lost their family members in the quake must be properly cared for.     Also Friday morning, Premier Wen Jiabao told Chinese media on a train in Sichuan that saving lives remained the top priority almost four days after the quake.     "We won't give up if there is even the slightest hope of finding more survivors," he said.     The death toll from the powerful earthquake rose to 22,069 nationwide as of 2 p.m. Friday, while 168,669 people were injured, according to the emergency response office of the State Council.

BEIJING, Oct. 4 (Xinhua) -- The ongoing global financial turbulence will have a limited impact on China's banks and financial system in the short run, according to officials and experts.     "We feel China's financial system and its banks are, to the chaos developed in the U.S. and other parts of the world, relatively shielded from those problems," said senior economist Louis Kuijs at the World Bank Beijing Office.     He told Xinhua one reason was that Chinese banks were less involved in the highly sophisticated financial transactions and products.     "They were lucky not to be so-called developed, because this (financial crisis) is very much a developed market crisis." Farmers harvest rice in 850 farm in Northeast China's Heilongjiang Province on Sept. 26, 2008.    A few Chinese lenders were subject to losses from investing in foreign assets involved in the Wall Street crisis, but the scope and scale were small and the banks had been prepared for possible risks, Liu Fushou, deputy director of the Banking Supervision Department I of the China Banking Regulatory Commission, told China Central Television (CCTV).     Chinese banks had only invested 3.7 percent of their total wealth in overseas assets that were prone to international tumult, CCTV reported. The ratio of provisions to possible losses had exceeded 110 percent at large, state owned listed lenders, 120 percent at joint stock commercial banks and 200 percent at foreign banks.     Kuijs noted most of the banks resided in China where capital control made it more difficult to move money in and out. Besides, the country's large foreign reserves prevented the financial system from a lack of liquidity, which was troubling the strained international markets.     "At times like this, one cannot rule out anything," he said. "But still we believe the economic development and economic fundamentals in China are such that it's not easy to foresee a significant direct impact on the financial system."     However, he expected an impact on China's banks coming via the country's real economy, as exports, investment and plans of companies would be affected by the troubled world economy and in turn increase pressure on bad loans.     Wang Xiaoguang, a Beijing-based macro-economist, said the growing risks on global markets would render a negative effect on China in the short term but provided an opportunity for the country to fuel its growth more on domestic demand than on external needs.     He urged while China, the world's fastest expanding economy, should be more cautious of fully opening up its capital account, the government should continue its market reforms on the domestic financial industry without being intimidated.     Chinese banks had strengthened the management of their investments in overseas liquid assets and taken a more prudent strategy in foreign currency-denominated investment products since the U.S.-born financial crisis broke out, CCTV reported.

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PYONGYANG, June 17 (Xinhua) -- Visiting Chinese Vice President Xi Jinping on Tuesday made a five-point proposal to strengthen bilateral ties and cooperation with the Democratic People's Republic of Korea (DPRK).     Xi, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the proposal while meeting with Yang Hyong Sop, vice president of the Presidium of DPRK's Supreme People's Assembly.     Firstly, Xi proposed maintaining the trend of mutual exchange of visits by high ranking officials, and strengthening political communication and close relations between the Chinese Communist Party and the Worker's Party of Korea.     China will continue to exchange views on governance and party construction with the DPRK, maintaining communication on important issues, he said. Chinese Vice President Xi Jinping(4th L) talks with Yang Hyong Sop (3rd R), vice president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK) during a meeting in Pyongyang, capital of the DPRK, on June 17, 2008.    Second, he proposed the observance of "China-DPRK Friendship Year" in 2009 -- the 60th anniversary of the establishment of diplomatic ties between the two countries.     The third point of his proposal is that both sides should strive to deepen cooperation in agriculture, light industry, information industry, technology, transportation and infrastructure construction in the border areas.     It should be a win-win cooperation, resulting in mutual benefits, the Chinese vice president said.     China will encourage large and creditable enterprises to invest in the DPRK, he said, adding that the two sides could upgrade a number of ports to enhance their loading and unloading capacity.     Fourth, Xi proposed the promotion of bilateral cultural exchanges.     China will welcome artists' groups from the DPRK to the 10th Asian Art Festival in September and will continue to send high-level art groups to the International Spring Art Festival held in Pyongyang each April, he said.     Finally, the Chinese vice president also proposed to strengthen bilateral coordination and cooperation in the six-party talks on the DPRK nuclear issue, and within the framework of the United Nations, to protect the interests of both countries.

HARBIN, July 24 (Xinhua) -- A senior Chinese official has called for carrying on ideological emancipation, persisting in the reform and opening-up policy, pushing forward scientific development and making new breakthroughs in promoting social harmony, to promote rapid and sound economic and social development.     Li Changchun, a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, made the call during an inspection tour in Heilongjiang Province from July 20-23, in the company of the provincial CPC chief Ji Bingxuan and governor Li Zhanshu. Li Changchun (L1), a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, talks to staff at Donghu community during an inspection tour in Heilongjiang Province July 22, 2008He urged the northeastern province to seize the opportunity for industrial revival.     Li visited villages, communities, factories and cultural organizations in the cities of Mohe, Heihe, Daqing and Harbin.     In Mohe, the country's northeasternmost town, the official paid a visit to the Beiji (Polar) Village, where he learned that local villagers now have cable TV. He also visited Daqing, China's largest oil production base and Harbin, the provincial capital.     Local governments should build more public cultural facilities, he said.     He urged the province to deepen its cultural restructuring, support multi-talented professionals and develop cultural products with brand names that were recognized at home and abroad.     In Daqing, Li also visited the memorial to Iron Man Wang Jinxi, an oil worker who devoted his life to the development of the petroleum industry.     Daqing, a city built on the vast oil field, is known for the "Daqing Red Flag", a model set for all industries in the country by late leader Mao Zedong.

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BEIJING, Oct. 10 (Xinhua) -- China's central bank on Friday said it will continue international cooperation to tackle the global financial crisis and maintain market stability.     The pledge came two days after the People's Bank of China (PBOC) announced an interest rate cut in a co-ordinated global move to revive solvency in the international financial system.     The PBOC on Wednesday cut the benchmark lending and deposit rates by 0.27 percentage points and the reserve requirement ratio by 0.5 percentage points amid growing fears of a slowing economy and falling equities market.     "The PBOC will continue close contacts and cooperation with counterparts and international financial organizations to jointly maintain stability of global financial market," PBOC spokesman Li Chao told Xinhua.     The PBOC would closely watch the developments and effects of the crisis and take timely and flexibly measures according to changes in the domestic and international situations to guard against financial risks, Li said.     The global economic slowdown reduced demand for Chinese exports and inevitably affected China's economy, he said.     The central bank was fully confident and capable of dealing with the crisis and maintaining stable and relatively fast economic growth.     "China has a huge domestic market and the liquidity is abundant," he said. "As long as we take strong measures to boost domestic demand, the economy has big potential for sustainable growth."     A PBOC statement on the third-quarter meeting of its monetary policy committee said it would take flexible and prudent macro-economic control measures to boost economic growth.     The PBOC was not optimistic in its global economic outlook as intensifying fluctuations in the financial markets had affected the real economy.     It said it would boost coordination between monetary policies and fiscal, industry, export and financial regulation policies to help transform economic growth mode and boost domestic demand to balance international payments.

BEIJING, Sept. 6 (Xinhua) -- With a dazzling and emotional show that highlighted the value, dignity and dream of life, the Beijing 2008 Paralympic Games opened in the Chinese capital on Saturday night, rallying the world under one shared dream of "transcendence, integration and equality" for the disabled.    "Ge Jiu Ge Wei (ready), Yu Bei (set) ... " At the order given in Chinese by International Paralympic Committee (IPC) President Philip Craven, nearly 100,000 spectators in the National Stadium, or the Bird's Nest, in north Beijing, clapped their hands simultaneously to give a unique and resounding "go" signal to the world's premier sporting event for elite athletes with disabilities.Photo taken on Sept. 6, 2008 shows the general view of the opening ceremony of the Beijing 2008 Paralympic Games in the National Stadium in Beijing, ChinaA record 4,000-plus athletes from 147 countries and regions, 10 times the figure at the Games' debut in Rome 1960, marched into the stadium amid thundering cheers from the stands, before Chinese President Hu Jintao declared the Games open at 22:36 Beijing time.    "These Games will have more athletes, more competing nations, and more sporting events than ever before," said Philip Craven in his opening ceremony speech, calling them "milestones in Paralympic history."    The three-hour ceremony climaxed when Hou Bin, China's triple Paralympic high jump champion with only one leg, lit the cauldron for the Games.Fireworks are displayed at the opening ceremony of the Beijing 2008 Paralympic Games held in the National Stadium in Beijing, China, Sept. 6, 2008With the torch on his wheelchair, the 33-year-old Hou used both hands to pull himself up along a hanging rope to the rim of the steel-latticed Bird's Nest to accomplish his laborious mission. Though suspended by wires, he had to halt and gasp for several times, with the entire crowd cheering him on loudly.    The Paralympic flame, first lit at the 600-year-old Temple of Heaven in south Beijing on Aug. 28, was relayed through 11 Chinese cities -- including ancient capitals Xi'an and Luoyang and modern metropolises Shanghai and Shenzhen -- in nine days, covering a distance of 13,181 kilometers and involving 850 torchbearers.Fireworks are displayed during the opening ceremony of the Beijing 2008 Paralympic Games in the National Stadium, also known as the Bird’s Nest, in Beijing, China, Sept. 6, 2008. Shortly before the cauldron was set ablaze, the IPC flag, which carries the IPC logo of red, blue and green curves -- a new design adopted just in 2003 and used at a Paralympics for the first time, was escorted into the stadium by a team of eight Chinese Paralympic gold medalists, and hoisted next to the Chinese national flag.    On behalf of all athletes and officials, Chinese athlete Wu Chunmiao and goalball referee Hao Guohua, holding a corner of the IPC flag, took the Paralympic oath, vowing to keep the Games competition fair and clean.    "Over the next 11 days, the heroines and heroes will undoubtedly be the athletes," said the IPC president.    The Paralympians, many in wheelchairs or on crutches and often seen supporting each other on the track, were ushered into the stadium minutes after the opening ceremony began at 20:00 Beijing time sharp.    All smiling broadly, they waved hands, hats and flags to the stands, and posed for pictures with team guides or volunteers.