人民币升值能走多远(China lets the yuan rise—but how far?)

China has revalued its currency, the yuan, and linked it to a basket of currencies—though it is not yet clear how far it will be allowed to rise. The move may ease trade tension with America, though

影视金曲：美食从天而降片尾曲 Kaining Sunshine

Miranda Cosgrove - Raining Sunshine Sunshine, Sunshine, Raining, Sunshine When you think all hope is gone There's a place somewhere beyond Take a chance and realize It's right before your very eyes Leave the Dark clouds far behind And step outside, t

yuan strengthens to record high of 6.5651 per U.S. dollar

BEIJING, March 7 (Xinhua) -- The Chinese currency Renminbi (人民币)( RMB), or the yuan, on Monday strengthened to an all-time high of 6.5651 per U.S. dollar, according to the China Foreign Exchange Trading System. Monday's central parity rate of t

Kai Fung No. 2 back to Hong Kong water

HONG KONG, Aug. 22 (Xinhua) -- Hong Kong fishing vessel Kai Fung No. 2 reached Hong Kong water on Tuesday evening. A spokesperson for the Hong Kong Special Administrative Region (HKSAR) government said Chief Executive CY Leung and HKSAR government ar

China's drug retail sales hit 188 bln yuan

China's drug retail sales hit 188 bln yuan BEIJING, Sept. 26 (Xinhua) -- China's drug retail sales reached 188.5 billion yuan (about 29.9 billion U.S. dollars) in 2011, according to figures released by the China Medical Pharmaceutical Material Associ

China's yuan advances to 6.5881 per USD Tuesday

BEIJING, Jan. 25 (Xinhua) -- The central parity rate of yuan, the Chinese currency, Tuesday gained 2 points to 6.5881 against the U.S. dollar, according to the China Foreign Exchange Trading（外汇交易） System. China's central bank announced in

China's yuan strengthens to 6.3997 against USD Monday

BEIJING, Aug. 22 (Xinhua) -- The Chinese currency Renminbi, or the yuan, strengthens 35 basis points to 6.3997 per U.S. dollar on Monday, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the yuan is all

China allocates 120 mln yuan to drought-hit SW province

BEIJING, Feb. 22 (Xinhua) -- The Chinese central government Wednesday allocated 120 million yuan (19 million U.S. dollars) to drought-stricken areas in southwestern Yunnan province. The relief funds, jointly arranged by the Ministry of Finance and th

China's yuan hits news high against USD Monday

BEIJING, May 9 (Xinhua) -- The Chinese currency renminbi (RMB), or the yuan, Monday gained 15 basis points from the previous(以前的) trading day to hit a new high of 6.4988 per U.S. dollar. The yuan first broke the symbolic 6.50 ratio against the

CCTV9英语新闻：Giant Panda Yuan Zai in food fight with its mother Yuan Yuan

There is a story on Mothers Day, a reunion between two pandas at a zoo. 10-month-old Yuan Zai and its mother Yuan Yuan started a food fight in a Taipei Zoo. It shows that when it comes to food, Mother panda showed no kindness. When given bamboo shoot

575 bln yuan of central budget goes to social security

BEIJING, March 1 (Xinhua) -- The expenditure in China's central budget on social insurance and job security totaled 575.37 billion yuan (91.62 billion U.S. dollars) in 2012, the Ministry of Finance (MOF) announced Friday. The central government also

China earmarked 4.5 bln yuan for rural teachers in 2012

BEIJING, Jan. 5 (Xinhua) -- China allocated 4.5 billion yuan (715.5 million U.S. dollars) to teachers in rural areas working for compulsory education in 2012, the Ministry of Finance (MOF) said on Saturday. The money subsidizes teachers that serve in

英闻天下——148 Global Use of Yuan to See 'Major Leap': PBOC

The People's Bank of China, China's central bank says China will vigorously promote the opening-up of its financial market this year to attract wider use of the yuan globally. According to the bank, China has signed settlement agreements involving a

China to Invest 1.8 Trillion Yuan in Water Conservation

China's Ministry of Water Resources says the country is to invest 1.8 trillion yuan, or 280 billion US dollars, in water conservation in the coming five years. The country is also aiming to double its annual investment on water projects. Shuangfeng h

China Not to Actively Debase Yuan Rate

The People's Bank of China's governor Zhou Xiaochuan says the Renminbi won't be actively depreciated to regain national competitiveness. Zhou was speaking during a recent International Monetary Conference in Shanghai, when he also suggested that now

China government 2011 procurement totals 1.13 trln yuan

BEIJING, June 29 (Xinhua) -- China's government procurement amounted to 1.13 trillion yuan (179.37 billion U.S. dollars) in 2011, or 11 percent of the country's fiscal expenditure, the Ministry of Finance announced on Friday. The figure showed a huge

Typhoon Kai-Tak kills 3, displaces 100,000 in S China

NANNING, Aug. 20 (Xinhua) -- Typhoon Kai-Tak has left three people dead, one person missing and forced over 111,500 people to evacuate their homes in southwest China's Guangxi Zhuang autonomous region as of Monday afternoon, local civil affairs autho

China adds 200 mln yuan for pest control

BEIJING, Aug. 21 (Xinhua) -- China's Ministry of Commerce said Tuesday that it has allocated an additional 200 million yuan (31.75 million U.S. dollars) in subsidies to assist in pest control efforts. The funds, together with 400 million yuan issued

Tropical storm Kai-Tak approaches south China

BEIJING, Aug. 14 (Xinhua) -- Kai-Tak, the 13th tropical storm of the year, is approaching China's southern regions, the country's meteorological authority forecast Tuesday. Kai-Tak, moving northwest at a speed of 15 to 20 km per hour, will graze or l

CCTV9英语新闻：Yuan edges lower on softer midpoint

China's yuan eased against the dollar on Wednesday after the central bank fixed a softer midpoint. The central bank set the official benchmark exchange rate at 6.5106 per dollar, easing 0.1 percent from the previous fix. In the spot market, the yuan