DAP: The breaking news in Cambodia: “Market exchange rates in China -- June 17” plus 9 more

BEIJING, June 17 (Xinhua) -- Following are the central parity rates of the Chinese currency Renminbi (RMB) against seven major currencies announced Friday by the China Foreign Exchange Trading System:
Currency           Unit          Middle Price (in RMB yuan)
U.S. Dollar        100                647.16
Euro               100                919.78
Japanese Yen       100                8.0278
Hong Kong Dollar   100                82.942
British Pound      100                1,046.00
Malaysian Ringgit  47.031             100
Ruble              434.24             100
The central parity of RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.
The central parity of RMB against the other six currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the six currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market.

BEIJING, June 17 (Xinhua) -- The Chinese currency Renminbi, or the yuan,strengthened by 87 basis points to 6.4716 per U.S. dollar on Friday, according to the China Foreign Exchange Trading system.
On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.
The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

BEIJING, June 17 (Xinhua) -- ChiNext Index opened 0.19 percent lower at 809.16 on Friday.
The index, officially launched on June 1, 2010, on the Shenzhen Stock Exchange, has a base value of 1,000 points.
The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the Shenzhen Stock Exchange.

BEIJING, June 17 (Xinhua) -- Following are home news items to be covered or pursued by Xinhua on Friday:
1. International Tourism Exposition 2011 opens in Beijing
2. China National Bio-industry conference opens in Shenzhen
3. Monitor the latest development of floods in southern and eastern China
TV News Magazine: CHINA VIEW
1. Click on Today
Beijing to Shanghai: Airline or railway?
A Border Travel: HeiXiaZi Island
2. China's Short-lived Buildings
Editor's Notes: China View from CNC World is a 30-minute daily English in-depth news program that brings global audience a panorama of what happens across China and face-to-face interviews over hot issues in China that interest people around the world.
Global viewers can tune into CNC English programs via Asia-Pacific Satellite-6 at 134 degrees east longitude, with parameters set as "6065MHz/3840MHz." The programs can also be viewed at www.cncworld.

HANGZHOU, June 17 (Xinhua) -- Two dikes breached in east Zhejiang Province Thursday as a result of continuing rains, forcing more than 120,000 people to move to safer places.
At about 6:40 a.m. dikes breached in the township of Jiangzao, Zhuji City near the central part of Zhejiang. A total of 18 villages were flooded and more than 2,500 people were affected.
Seven hours later, dikes in the township of Diankou, Zhuji breached, affecting another 2,516 people.
According to the Zhejiang provincial flood control and drought relief headquarters, torrential rains triggered flooding and landslides, toppling 2,470 houses and flooding 351 roads.
A total of 2.09 million people from 43 counties in nine of the province's 11 cities were affected by the disasters.
The Lanxi hydrological station of the Qiantangjiang River monitored the biggest flood crest since 1955.
Journalists reported that many roads into the township of Xiangxi were inundated. Pedestrians tried to ford but returned after taking several steps because the water was too deep.
A man surnamed Xia was trapped under a viaduct when his car stalled. When police pulled him free, the water level was at his waist.
The local government is fighting the flooding with 100,000 woven bags and more than 17,000 cubic meters of wood and sand. Nearly 3,000 vehicles and ships, and 41,130 rescuers were dispatched for disaster relief.
Meanwhile, those affected by the disasters have been provided with quilts, drinking water and instant noodles with the value of more than 300,000 yuan (46,153.8 U.S. dollars).

BEIJING, June 17 (Xinhua) -- The Chinese renminbi, or yuan, on Friday advanced by 87 basis points to 6.4716 per U.S. dollar, a fresh high since the reform of the yuan's exchange rate formation mechanism, according to the China Foreign Exchange Trading system.
The central bank announced on June 19, 2010 that it would further reform the formation mechanism of the yuan's exchange rate to introduce more flexibility.
Within nearly one year, the central parity rate of the yuan has strengthened 3,559 basis points from 6.8275 against the U.S. dollar set on the first trading day after the reform.
On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day.
The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.

HOHHOT, June 17 (Xinhua) -- China's Inner Mongolia Autonomous Region plans to expand forest coverage by 12 million mu (800,000 hectares) this year as part of the region's consistent efforts to curb desertification and prevent sandstorms from hitting most parts of northern China.
The authorities will give Inner Mongolia's forestry campaigns a big push this year and launch new programs to improve the ecology of the origins of sandstorms, Guo Xilin, director of the regional government's forestry bureau, said Friday.
The announcement came just days after the central government made a pledge to mend the ecology of Inner Mongolia as part of the efforts to boost an all-around development of the vast region that covers 12 percent of China's land mass.
Government statistics show desertification had encroached on about 52  percent of the land in Inner Mongolia, or 617,700 square kilometers, by the end of 2009, despite the decline of Gobi Desert by 4,672 square kilometers over the previous five years.
The central government said Inner Mongolia's forest coverage should increase to 21.5 percent by 2015, and its grassland coverage should rise to 43 percent. The deterioration of its ecological system should be curbed by then.
The state spent more than 27 billion yuan (4.15 billion U.S. dollars) on combating desertification in Inner Mongolia from 2005 to 2010.

HAIKOU, June 17 (Xinhua) --Hainan Airlines, China's fourth largest airline group, will launch international flight services between Beijing and Okinawa, said an official with the company on Thursday.
The new international route is expected to start on July 28 with two round-trips every Thursday and Sunday on a Boeing aircraft, the company said.
The flight departs at 3 p.m. local time from Beijing every Thursday and Sunday and leaves from Okinawa at 8.40 p.m..
Okinawa consists of over 60 islands between Taiwan and Kyushu and attracts many tourists with its natural beauty and cultural heritage.

BEIJING, June 17 (Xinhua) -- China and Mongolia have decided to upgrade their bilateral ties from a good-neighbor partnership of mutual trust to a strategic partnership, according to a joint statement from the two nations.
"To further advance the good-neighbor friendship and mutually-beneficial cooperation between China and Mongolia, the two sides have decided to upgrade to a strategic partnership," according to a joint statement signed on Thursday and released on Friday.
The statement was signed by Chinese Premier Wen Jiabao and his Mongolian counterpart Sukhbaatar Batbold. At the invitation of Wen, Batbold is making his first official visit to China since taking office in 2009 from Wednesday to Friday.
In 2003, President Hu Jintao paid a visit to Mongolia and both sides decided to establish the good-neighbor partnership of mutual trust.
The two sides are satisfied with the development of the bilateral ties over the past years, the statement said.
"As China and Mongolia are friendly neighbors sharing a long border, to consolidate and deepen continuously the friendly relations conforms with the common interests of the two states and their people, as well as helps to promote peace, stability and development in the region," it said.
In the statement, China and Mongolia pledged to increase their political communication and boost mutual trust between the two countries in order to build a more solid political foundation for the strategic partnership.
"The two sides believe that high-level interaction is of special significance for the development of bilateral ties," the statement said, adding that the two countries will keep the momentum of exchanges between their leaders to "boost strategic communication" as well as step up cooperation between their parliaments, governments and political parties.
The two neighbors also vowed to work together to fight against terrorism, drug trafficking and other cross-border organized crime, as well as cooperation on dealing with natural disasters and infectious diseases.
The statement says China and Mongolia will expand their economic cooperation with a view to common prosperity, which will provide a long-lasting driving force for the development of the strategic partnership.
The two sides reiterated that priority will be given to natural resources and infrastructure in their economic cooperation.
China and Mongolia are also committed to people-to-people exchanges between the two countries, which act as essential grassroots support for the bilateral strategic partnership, according to the statement.
In the statement, the two countries also pledged to coordinate their stances and support each other in regional and international affairs to safeguard their common interests as well as enrich the strategic partnership.
"The two sides hold that they improve mutual trust and coordination in international and regional affairs, resolve disputes through dialogue and consultation, and make joint efforts to forge a more just, democratic and rational international political and economic order," the statement said.

BEIJING, June 17 (Xinhua) -- China has decided to levy five-year anti-dumping duties starting from Friday on hydrazine hydrate imports from Japan, the Republic of Korea, the United States and France, the Ministry of Commerce said on Friday.
In June 2005, the ministry levied anti-dumping duties ranging from 28 percent to 184 percent on hydrazine hydrate imports from the four countries for five years, the ministry said in a statement posted on its website.
Last April, China's hydrazine hydrate producers filed an application for a reexamination of the anti-dumping measures imposed in 2005 to extend the levy.
The findings of the final judicial review launched by the ministry last June showed that the dumping would continue and the domestic hydrazine hydrate industry would be harmed if the anti-dumping measures are scrapped.
Hydrazine hydrate is a raw chemical widely used in the production of pesticides, medicines, intermediates, dyestuffs, rocket fuel and explosives.