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"Five years have passed and together we have made great achievements in policy consultation, economic cooperation, cultural exchanges, and many other fields," Chinese Ambassador to Hungary Duan Jielong said in his opening remarks.

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Huang Ping, director-general of the Institute of European Studies, Chinese Academy of Social Sciences, said, "We are here to implement the great ideas and suggestions and to use this forum as a platform to improve the bilateral relations of all the sixteen countries with China."

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WASHINGTON, Jan. 6 (Xinhua) -- John Young, America's "most experienced astronaut" who walked on the Moon during the Apollo program and commanded the first space shuttle mission, has passed away [url=http://www.cheapnhlpanthersjerseys.com/jonathan-huberdeau/]Cheap Jonathan Huberdeau Shirt[/url] , NASA said Saturday.

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BEIJING, Sept. 28 (Xinhua) -- By the end of next year, all criminal detention centers and courts in China will be staffed with duty lawyers to provide legal consultations, according to a Ministry of Justice official.

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The duty lawyers will also provide other procedural services for suspects and defendants, the ministry said in a statement.

Legal assistance stations have been set up in about 88 percent of criminal detention centers and 51.7 percent of courts. This year, legal assistance lawyers have been consulted by suspects or defendants 167,000 times.

Railway linking Shangqiu, Hefei, Hangzhou under construction

Ceremonies held around China to celebrate birthday of Confucius

Ivanka Trump, Jared Kushner attend Chinese National Day reception in Washington D.C.

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A look at Kantuman Bazaar in China's Xinjiang

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NINGBO， China， Feb. 21 (Xinhua) -- Bayi defeated Shenbu 75-71 at home on Tuesday to tie 2-2 in the best-of-five semifinals of the Women's Chinese Basketball Association (WCBA) league.

Both teams played strong defense in the first quarter where the hosts took a slight lead 15-10. Then Jin Jiabao stood up behind the arc to help Shenbu fight back with a 23-13 burst in the second quarter.

Bayi slowly gained the upper hand after the halftime， and stormed ahead with a surge of 27-12 for a 10-point advantage into the last quarter. The visitors once cut the deficit to four but still failed in the last minutes and lost the match by four.

Sun Mengran， the center at the national team， had a double-double of 22 points and 10 rebounds for Bayi， and Sun Mengxin added 20 points， while Jin Jiabao led Shenbu with 22 points， and Zhao Shuang also had an impressive performance of 14 points， seven rebounds， six assists and seven steals.

The do-or-die match will be played at Dandong， Liaoning on Thursday， with the winner facing defending champion Beijing in the final. Enditem

CANBERRA, Sept. 21 (Xinhua) -- Indigenous Australians in the Northern Territory (NT) have called for a ban on commercial fishing in their waterways.

Traditional owners of Arnhem Land, the region in the far northeastern corner of the NT, claim that commercial fishing has restricted their ability to feed their families.

"We're just upset, they've been doing this for too long, and our catch rate is going right down especially for barramundi," Julius Kernan, a member of Maningrida community, told Australian media on Thursday.

"I've got three sons who hunt every day, they're having problems (catching fish) and it's happening right in front of us.

Arnhem Land is 500 kilometers east of Darwin, the NT's capital, and is home to the iconic Kakadu National Park.

The Australian High Court in 2008 granted exclusive coastal water rights to native land owners but the decision has not yet been implemented with the Northern Land Council in May extending free access to the waterways.

"We've always heard what's coming out of Maningrida: that Aboriginal people want to be involved in the management of fish stocks, they want to be comforted by the fact that any marine mammal impacts are taken care of, and that sacred sites are looked after," Joe Morrison, leader of the Northern Land Council, said.

Australia's Seafood Council said it was drawing up a code of conduct for its members in response to a petition presented to NT Chief Minister Michael Gannon by Kernan and members of the North Wind Fisheries Committee.

"We need to make sure that there's actually viable fisheries out there to be a part of, and so one our key responsibilities and focuses is on making sure the co.

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ABUJA, June 12 (Xinhua) -- Nigeria is optimistic about qualifying for the 2019 African Cup of Nations (AFCON) despite losing 2-0 to South Africa last Saturday.

Minister of Youths and Sports Solomon Dalung said the loss at the Godswill Akpabio International Stadium in the southern city of Uyo was painful and called for more support for the team also known as Super Eagles.

"This is a temporary setback which is surmountable," Dalung said in a statement reaching Xinhua on Monday.

The Nigerian soccer team paraded very young and talented players, he noted, saying the result can be reversed when the Super Eagles visit South Africa to face the Bafana Bafana.

Ahead of the return leg against South Africa, Dalung told reporters that an emergency meeting of the technical committee of the Nigeria Football Federation (NFF) had been slated for Tuesday.

"We need to sit with the technical committee and the team's technical crew to find out the immediate and remote causes of this setback," he said.

The loss has placed Nigeria third on the Group E table behind South Africa and Libya in the AFCON qualifiers.

The continental soccer competition will be held on Cameroonian soil in January 2019.

"The Super Eagles will definitely be in Cameroon because we can't afford to be absent at the AFCON for a third consecutive time.

"We will ensure that no stone is left unturned in our pursuit of a ticket to Cameroon," the official added.

China's manned submersible Jiaolong completes 151th dive

Aerial view shows scenery in Hong Kong

Scale figures of Transformers characters attract tourists in Bangkok

Aerial view of spiral sightseeing platform in central China's Changsha

San Marino Motor Classic show held in California

China's manned submersible Jiaolong completes 151th dive

Unstoppable Nadal wins 10th title at Roland Garros .

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BEIJING, Dec. 1 (Xinhua) -- The Supreme People's Procuratorate (SPP) of China released a circular Thursday, telling all procuratorates to deal severely with crimes against kindergarten children, protect their rights and prevent such crimes from happening.

When dealing with crimes such as rape, indecent assault or intentional homicide against children, procuratorates must approve arrests and initiate public prosecution as soon as possible, according to the circular.

Procuratorates should independently exercise their procuratorial power to guarantee the quality of case-handling. They must make decisions based on the facts and law while listening to the people's voice, the circular said.

Care and help for child victims should be improved, the circular continued. For instance, personal information of the children and their guardians should not be released, and law enforcers should not go to children's homes to collect evidence in police cars or uniform, according to the SPP.

Procuratorates can also ask for support from the likes of civil administrations and medical organizations, as well as professional help from judicial social workers and psychological consultants, to help the child victims recover.

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The circular was issued following recent accusations of abuse at kindergartens around the country.

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Earlier on Monday, the Iraqi parliament approved the new cabinet of Prime Minister al-Abadi and his government program for the next four years, leaving key security portfolios unfilled due to political disputes, namely the defense and interior ministers. Al-Abadi requested an additional week to name them.

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The spread continued over the 200-basis points mark after reaching its highest level since Feb. 2014. The spread rose to 201 points in early trading on Wednesday with a yield of 2.34 percent.

It has risen amid fears of a "Frexit" threatened by French righting populist leader Marine Le Pen and the possibility of instability if Italy has early elections this year， according to Ansa news agency.

On Tuesday， Italian Economy Minister Pier Carlo Padoan said the recent rise in the spread was a "rude" reminder that Italy could not afford to stop taking action to reduce its debt of over two trillion euros.

The two countries' government bonds reached 203 points during the day on Tuesday， before dropping back to around 196 points.

On Monday， the Italian-German yield spread had already exceeded the 200-point threshold， before closing at 199 points.

It was the widest gap registered since Feb. 2014， Ansa news agency reported.

Italy's debt was 133 percent of the gross domestic product (GDP) in 2016， and was expected to remain at 133.1 percent in both 2017 and 2018， according to macro-economic forecasts released by the European Union (EU) Commission in November.

The tensions of French presidential campaign -- and far-right candidate Marine Le Pen's remarks over a possible exit of France from the EU -- boosted uncertainties among investors in the European government bond market， according to Italy's leading business daily Il Sole 24 Ore.

"Italy was not the trigger (of the turbulence) this time， yet it was the hardest hit... and it continues to be viewed as the weak ring in the euro chain，" the newspaper said.

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"The historical sites that Tripoli embraces are witnessing intensive activity during the holy month of Ramadan, as local and regional travel organizations are competing to organize activities and religious festivities to attract Lebanese from different regions as well as Arab and Islamic tourists," Yehia Fattal, head of the Tourism Council of Tripoli, told Xinhua.

The coastal city is hosting religious and traditional festivities on a daily basis, such as Sufi singing troupes from Lebanon and abroad and dancing dervish groups from Islamic and Arab countries.

"As soon as the daily evening prayer is finished, the citizens of Tripoli flock to the cafes and old souks in the city where the Ramadan evenings are celebrated and particularly those featuring the dervishes' dances," the official added.

According to historian Khaled Tadmouri, dervish dance was created centuries ago by Sunni Sheikh Jala el-Din Al-Roumi and the dancers, wearing a white uniform and a green beret, will follow the religious singing group with circular routines.

In addition to the Sufi singing and dervish dancing groups, the Ramadan activities celebrated in Tripoli also include hakawati, or a reader who recites stories from the Islamic and Arab history.

"We are seeing in Tripoli a huge participation from the people of the city and others parts of the country in the evening celebrated by the hakawati", Barrak Sobeih, a reader in Tripoli, told Xinhua.

Meanwhile, Rouweida al-Rafei, head of the Artistic committee in the Toruism Council of Tripoli, said the city has about 360 heritage sites dating back to the Mamluk and Ottoman ages.

"The daily activities organized in Tripoli intend to revive the traditional and heritage sites and boost the tourism in the city," she said.

"Tripoli has the potential to compete with many Islamic cities, as it boasts many heritage sites, such as the 'noble trace,' a single hair of the beard of Prophet Mohammed, which is located in the Grand Mansouri Mosque, one of the most important archaeological mosques in Lebanon," al-Rafei noted.

Top political advisor stresses 1992 Consensus in cross-Strait relations

Weekly choices of Xinhua photos

9th Straits Forum held in Xiamen

Afghan Taliban storm police headquarters in E city, 7 killed

Weekly choices of Xinhua photos

In pics: terrace fields in northwest China's Ningxia

In pics: Mount Jiuhua Buddha College in E China

Students graduate from Civil Aviation University of China

GAO Yuye, an undergraduate student at East China University of Science and Technology, attracted widespread Internet coverage over the weekend after a video of her inarticulate speech at a graduation ceremony went viral online.

“Sorry, I’m deaf and have a poor pronunciation,” she said, starting her speech. “I will try my best to pronounce every word clearly.”

The 23-year-old, who was born deaf, evoked sympathetic responses from online viewers as she expressed pride in her four-year academic accomplishments and optimism about her future study in America.

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When it came time for her to enter kindergarten, her grandmother insisted she attend a mainstream school instead of enrolling in a special school for disabled children. It was the start of her progress through a normal world.

Although she wore a hearing aid and could read lips, Gao’s orientation in the ranks of ordinary children was never easy. But she persevered against the odds. After high school, she enrolled in the School of Art Design and Media at East China University of Science and Technology, achieving the highest score of her class in academic tests and the second highest in an art exam.

“There is a saying that when a god closes a door, he opens a window,” Gao said. “When the door of my ears was closed, my ability to endure and handle adversity grew stronger. That is the window the god opened for me.”

Her motto: “Deaf people can do everything except listen.”

Despite her hard work and academic excellence, Gao’s applications to some schools were rejected because of her deafness. “I’m so grateful that our university accepted me, taught me knowledge and helped me grow up,” she told the graduation ceremony. “I will remember that kindness throughout my life.”

Students entering the university were asked to write a letter to themselves and then open it when they graduated. Gao wrote: “I will be a high achiever who is strong, unique and loves challenges. I will strive to pronounce every word clearly, overcome every difficulty and achieve every go"

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LUSAKA [url=http://www.scarpenikesscontate.it/...air-force-1-100.html]Nike Air Force 1-100 Scontate[/url] , Aug. 10 (Xinhua) -- Zambia's central bank on Thursday cut its benchmark lending rate, a key determinant for interest rates, by 150 basis points.

The Bank of Zambia (BoZ) cut the benchmark lending rate from 12.5 percent to 11 percent, citing lower annual inflation and subdued economic growth.

"Inflation has been declining and we see that it will remain within the medium term target range of 6-8 percent. We also noted that economic growth has been sluggish," Denny Kalyalya, the central bank governor said in a statement.

The central bank also reduced the statutory reserve ratio by 300 basis points to 9.5 percent from 12.5 percent, he added.

The central bank further said economic growth prospects over the medium term are expected to improve with Gross Domestic Product (GDP) growth for 2017 and 2018 revised upward to 4.3 percent and 5.1 percent from 3.9 percent and 4.6 percent respectively.

The upward revision reflects mainly increased agricultural output, recovery in electricity generation as well as higher mining output supported by better prices and electricity.

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In order to protect the insured and to ensure the stability of the financial markets, insurance companies are required to hold a buffer of assets called the solvency margin. This buffer can be defined as the difference between assets and liabilities, as they are specified by the Solvency regulations, currently the Solvency I directives from 1997.

The future Solvency II (Solvency 2) framework will provide an option to use a fundamentally new approach for calculating the required solvency margin. The idea is to let companies construct the models themselves and then ensure, through supervision, that these models are based on sound risk management principles.

The insurance company must be able to explain the internal model to the supervisor, which, in turn, has to understand the model in order to approve it. For companies that lack the ability and resources to develop internal models, a standard approach has been proposed.

Just as with Basel II, which is a regulation for banks covered in Appendix A, Solvency II (Solvency 2) has a wider scope than solely establishing a solvency margin.

First there is a development of earlier regulations that focuses on the establishment of a sufficient solvency margin. An important addition is the concept of risk matching assets and liabilities, also known as Asset-Liability Management (ALM), and encouragement for companies to develop internal models, provided they could be verified. Since the development of internal models may be a heavy burden for smaller companies there will also be a standard approach following the same principles but with a higher margin due to lack of customisation.

The required solvency margin from earlier directives will be split into two levels called the minimum capital requirement (MCR) and the solvency capital requirement (SCR). The MCR will be the absolute minimum level and below this level, the insurance company will face serious legal consequences.

The SCR defines the target capital level. If a company falls below this level some less serious legal action, such as demanding increased frequency of reporting, will be enforced by the supervisor. The SCR can be calculated using a standard approach or an internal model. At the time of writing it is fairly agreed upon that incentives should exist for companies to develop internal models.

The regulations state that technical provisions are the sum of:
– A best estimate of the liabilities, which is the expected present value of future cash flows.
– A risk margin that covers the risk of the future cash flows.

There are also qualitative requirements that defines the framework of supervisory control. Under these requirements falls the supervision of internal risk management processes and aspects of operational risk. This means that the internal models developed will be verified according to principles defined defined by the qualitative requirements.

There is currently a debate whether a standard approach will be sufficient to fulfil the requirements of since a standard approach by definition is not customised to fit the organisation. To be ratified by the supervisor every aspect of a model should reflect the organisation and the model should consider all those risks important to the organisation.

According to many industry specialist the most challenging part of Solvency II will be to ensure the reliability and security of the models.

Organisations must be able to show supervisors that the model accurately reflects the organisation. It is clear that poor data quality has negative effects on the reliability of a model’s results; even if the model itself has been set up correctly, the results may still be incorrect due to the quality of the data.

To meet these challenges within Solvency II (Solvency 2), sufficient data quality and data traceability become very important factors.

Learn more about data warehouseing and reporting for the financial industry at www.graz.se

BEIJING， Jan. 13 (Xinhua) -- He Kunlan was excited as he took a high-speed train Friday from the southwestern Chinese city of Kunming to Shanghai more than 2，000 kilometers away， a journey of around 12 hours.

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