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July 29, 2005 - August 5, 2005
Top Chinese, US Legislators Meet
Top legislator Wu Bangguo and the speaker of the US House of Representatives held talks in Beijing Thursday, agreeing to promote mutual understanding and political trust through further legislative exchanges.
N Korea Defends Right to Peaceful Nuclear Program
The chief North Korean negotiator to the six-party talks said after meetings yesterday his country should enjoy the right to use nuclear power peacefully, and that the current round of talks is in stalemate over the drafting of a common document.
China to Host 2008 World Translators Congress
The Translators Association of China delegation bid successfully on August 3 to host the XVIII World Congress of the International Federation of Translators (FIT) in Shanghai, in eastern China, in 2008.
Cross-Straits Flights Talks Welcomed
The Taiwan Affairs Office yesterday welcomed news that Taiwan's authorities had approved talks on direct cross-Straits passenger and cargo charter flights, adding that the mainland continues to support shipping, postal and commercial links as well.
Yuan Hits Another High
China's yuan climbed as high as 8.1030 and finally closed at 8.1032 to the US dollar on Tuesday, recording a post-revaluation high for the fourth straight session. The initial revaluation of the yuan on July 21 - 8.11 to the dollar from a long-standing trading mid-point of 8.2780 - amounted to a 2.07 percent increase in value. After more than a week of micro moves, mostly upward, the gain has been extended to 2.16 percent.
FM: Japan Should Reflect on Past, Not 'China Threat'
The Foreign Ministry yesterday responded to a resolution passed by Japan's lower legislature and its annual defense white paper, saying it should reflect on its militarist past and that it was groundless and irresponsible for it to exaggerate a so-called "China threat."
CNOOC Withdraws Unocal Bid
China National Offshore Oil Company Ltd. (CNOOC) announced Tuesday it has withdrawn its acquisition offer for Unocal, putting an end to the 40-day bid for the American company that triggered a political storm in the US.
FM: Sino-US Strategic Talks Successful
"Under joint efforts of China and the United States, the first Sino-US strategic dialogue is successful," said Chinese Foreign Minister Li Zhaoxing in his meeting with US Deputy Secretary of State Robert Zoellick, who arrived in Beijing on Sunday for the dialogue.
China Confident of Controlling Pig-borne Disease
More cases of the pig-borne streptococcus suis infection were reported over the weekend, but officials continue to insist they are capable of controlling the outbreak. A large quantity of vaccine, enough to inoculate 350,000 pigs, was sent to Chengdu yesterday from Guangdong Province.
PLA Celebrates 78th Anniversary
China's Ministry of National Defense held a grand reception in the Great Hall of the People in Beijing on Sunday to mark the 78th anniversary of the founding of the People's Liberation Army (PLA) on August 1, 1927.
China to Purchase 50 Boeing Airplanes
Chinese airlines will sign a US$6 billion deal with Boeing company in early August for purchasing 50 Boeing B787 jetliners, according to sources from the State Development and Reform Commission.
week
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