Welcome to the Beijing Hour, live from the Chinese capital...

Coming up on the program this evening...

Premier Li Keqiang has told global business leaders China will not depreciate its currency to boost exports...

a report from the World Economic Forum says the Chinese economy is too reliant on exports and investment...

Australia's prime minister says his country will launch air strikes against Islamic State targets in Syria...

In Business...Silk Road projects are a popular draw for investors at a trade fair in southeast China...

In Sports...Team China's football squad advances to the next round of World Cup qualifiers...

And in Entertainment....China's box office is on track for a 40-billion yuan year...

TopPremier: China not to use yuan depreciation to boost exportChinese Premier Li Keqiang has told global business leaders that China has no intention of boosting exports through the depreciation of the yuan.

Speaking at the ongoing Summer Davos in northeast China, Li Keqiang says China is unwilling to see a currency war, as it would be harmful to China.

The premier says using yuan depreciation to boost China's export does not accord with the structural readjustment of the Chinese economy.

He adds that export businesses also want the yuan to remain stable.

Chinese Enterprises Attending Davos Embrace Global View for GrowthChinese enterprises attending this year's Summer Davos, put on by the World Economic Forum, are embracing a global view in seeking growth and development.

More than 290 representatives are from startup companies and small-and medium-sized enterprises.

Overseas economists and people in business and political circles account for 60 percent of the attendees.

Chinese entrepreneurs are especially interested in how their overseas guests view global growth opportunities.

Sun Pishu is one of the Chinese representatives attending the forum.

"Everyone has their focus on growth and is talking about it. What's their view on China's reform? How does the world view China and how does China view the world in a larger environment? These are the questions I am most concerned with."There will be more than 155 discussions at this year's forum, with more focus on interactivity in the technology zone.

The three-day forum, running until Friday in the city of Dalian in northeast China, will bring around 17-hundred participants from more than 90 countries.

International perspective on Summer DavosFor more on this year's Summer Davos, CRI's Huang Shan earlier spoke with Rangarajan Vellamore, chief executive officer of Infosys China. He talks about China's economic restructuring and the "Internet Plus" campaign.

Chinese economy a bit too reliant on investment, exports: WEF Managing Board memberThe World Economic Forum has published its Inclusive Growth and Development Report 2015 ahead of its Annual Meeting.

The report, covering 112 economies, seeks to improve understanding of how states can use a diverse spectrum of policy incentives and institutional mechanisms to make economic growth more socially inclusive without dampening incentives to work, save and invest.

Richard Samans, Managing Board of the World Economic Forum and co-author of the report points out China has been a bit too reliant on investment and exports.

"Yes, indeed, China has a very dynamic economy. But, it has been a bit too reliant on investment on the one hand and exports on the other. And, there are things that can be done to try to build that domestic aggregate demand."The Inclusive Growth and Development Report divides economies into four categories labeled "advanced", "upper-middle income", "lower-middle income" and "low-income".

Samans explained that it's time for China to shift its growth model as an upper-middle income country, so that it can become more resilient.

"China has accomplished so much. It's absolutely one of the most remarkable success stories of the last generation in the world economy. That said, while growth continues to be quite solid, going forward, as the Chinese authorities and the Chinese people understand, it's time now that China, as an upper-middle income country, ... shift the growth model somewhat, so that it can become more resilient and less reliant on swings in investor sentiment and swings in demand for exports."He also points out China is blessed with having an enormous internal market and a huge potential domestic degree of purchasing power that can help drive growth going forward.

Among the 26 upper-middle income nations, China ranks high in indexes such as global competitiveness, employment and wages but could improve in aspects including social insurance and health services.

China will Develop Relations with Japan: SpokespersonChina will develop its ties with Japan in the spirit of using history as a mirror and looking into the future.

Foreign Ministry spokesperson Hong Lei made this remark on Wednesday.

"We will maintain a steady and healthy development of the Sino-Japanese relations and this accords with the fundamental interests of the two countries and their people. China has always developed relations with Japan in the spirit of making history as mirror and looking into future on the basis of the principles of the four political documents."The announcement follows Japanese Prime Minister Shinzo Abe's winning on Tuesday of a new term as president of the ruling Liberal Democratic Party.

Hong adds that China hopes the two countries can properly handle the issues arising in the bilateral relations and to promote development of those relations.

Hong also urges Japan to continue to follow the path of peaceful development and play a constructive role in promoting regional peace, stability and development.

International Helicopter Expo Kicks Off in TianjinTwenty helicopters have staged air demonstrations at the opening ceremony of a helicopter expo in Tianjin, including the WZ-10 and WZ-19 attack helicopters from China's Fenglei aerobatic team.

Civil helicopters that also joined the demonstration were the EC135 developed by Eurocopter and the domestically-made AC311.

Also, the medium-sized AC352 civil helicopter made its first appearance.

Lu Weijian, with the helicopter division of the Aviation Industry Corp. of China, highlights the reliability of the helicopter.

"The good reliability of this helicopter means problems will be scarce. Even if there is something wrong, maintenance services and spare parts are available. Moreover, we offer training service for the pilots. All of these will help to save using cost."Meanwhile, a heavy-lift helicopter jointly developed by China and Russia has made its debut.

Authorities say the chopper is specially designed to suit China's geographical conditions, and can operate smoothly at high altitudes and temperatures.

A total of 56 helicopters from more than ten countries are expected to be on display at the exhibition.

The event, which is China's first professional expo on helicopters, runs until Sunday.

China Aims to Land Chang'e-4 Probe on Far Side of MoonChina's space administration says it's planning to become the first to land a lunar probe on the far side of the moon.

A Chinese lunar probe scientist has told a forum the mission will be carried out before 2020.

The far side of the moon, or "dark side of the moon", is never visible on Earth because of gravitational forces.

Chinese space authorities say they hope to get a better sense of the geological conditions in that area.

Zou Yongliao is deputy director of the moon exploration department under the Chinese Academy of Sciences.

"We conducted the research on the geological evolution of the landing and patrol areas of the lunar rover based on the analysis on the mineral composition, especially the superficial layer obtained using radar and discovered that there are three layers of the area which we think may have connections with the three volcanic eruptions that happened in the Mare Imbrium."China became the third country to soft land a spacecraft on lunar soil two years ago, after the former Soviet Union and the United States.

A Chinese probe is set to be launched in 2017 which is designed to return samples from the lunar surface.

China, Muslim countries reach tourism dealsTourism authorities and enterprises in northwest China's Ningxia Hui Autonomous Region have signed business deals with counterparts from Arab countries and Malaysia.

Under the agreements, government agencies and airlines will work together to launch direct flights linking Yinchuan with Amman, Jordan and Kuala Lumpur, Malaysia.

Travel agencies in China and Arab countries also agreed to offer discounts to tourists from each other's countries.

Ningxia Hui Autonomous Region, a predominantly Muslim area, is currently hosting a four-day China-Arab States Tour Operators Conference.

The conference has drawn hundreds of tourism officials and travel agents from 21 countries including Jordan, the United Arab Emirates, Egypt, and Malaysia.

AIIB Hopes to Collaborate with Other Institutions, Doors Open to US and Japan: PresidentThe inaugural president of the China-initiated Asian Infrastructure Investment Bank says the door remains open to the US and Japan to become members of the institution.

Jin Liqun made the comments on Wednesday in Seoul while meeting with the South Korean business community.

Jin added the bank hopes to work with other international financial institutions.

"This institution should be cost-effective, should be efficient, should be tailoring to the needs of the borrowing countries and I think when we work with other MDBs, such as World Bank, ADB, EBRD, EIB , we can reduce the costs by working together."Jin also says the recent deprecation of the Yuan is part of a natural economic process.

"And we are moving forward. The recent depreciation of Yuan is a very natural part of the cause moving towards the market economy, and if any currency is subject to market supply and demand, some fluctuation in change rate is quite natural. But I think this strength of China's economy will form the very basis for the sustainable, for sustain(ing) the value of RMB."The AIIB is expected to be formally established within the year. It plans to finance projects in railways, cargo ports, and other trade-related infrastructure.

Its 57 founding members also include Britain, France, Australia and South Korea.

Australia to Bomb IS Targets and Take in 12,000 RefugeesAustralian Prime Minister Tony Abbott announced on Wednesday his country will launch airstrikes against Islamic State targets in Syria.

"There can be no stability and no end to the persecution and suffering in the Middle East until the Daesh death cult is degraded and ultimately destroyed. That's what our armed forces are doing in Iraq and we need to do it in Syria too. "Abbott also says Australia will help to resettle more refugees from the Middle East.

"Australia will resettle an additional 12,000 refugees from the Syria, Iraq conflict. These will be permanent resettlement places over and above Australia's existing humanitarian program of 13,750 this year rising to 18,750 in three years' time. This is a very significant increase in Australia's humanitarian intake and it's a generous response to the current emergency."The prime minister also says Australia will set aside around 31 million US dollars to keep 240,000 Syrians and Iraqis in refugee camps in Jordan, Lebanon and Turkey.

Refugee Crisis Pushes British Voters Opt to Leave EUAnchor:

New polling in the UK is suggesting the current mass influx of would-be asylum seekers pouring into continental Europe is driving more people in Britain to support a proposal to leave the European Union.

CRI's London Correspondent Duan Xuelian has more.

Reporter:

The latest public opinion polling shows 51-percent of voters would opt to leave the European Union.

This is the first time the "No" camp has drawn more support than the Pro-European Union group.

In a research project titled "The UK in A Changing Europe," Professor Simon Hix at the London School of Economics and Political Science says it's the issue of migrants into the European Union that is pushing British voters to want to leave. At the same time, the migration situation is adding to the complexity of Prime Minister David Cameron's negotiations with the European Union.

"You can see the way Cameron is trying to opt out and stay away from any EU migration quota or any refugee quota, because I think he is acutely aware that if he is seen at all to accept some European migration quota, the anti-Europeans will jump out and say 'See, we've been told by the EU that we have to accept migrants, the only way we can stop this is to leave and regain control of our borders.' So I think the longer the migration crisis goes on, the more it lends itself towards supporting anti-European positioning."Economic researcher Jonathan Portes with "The UK in A Changing Europe" project says of the major concerns among people in Britain is the strain that migrants might put on the country's social services. But the reality is that Britain has been able create jobs just as fast as the immigrants come to fill them.

"So if in a year from now, we actually have refugees coming and they are being successfully, in a planed way, integrated into our society, like we are seeing from the Germans who are making a reasonably good show of taking advantage of what might be seen as quite a significant economic opportunity given German's demographic and economic challenges over the next 10 to 20 years. If Germany is making a success of receiving these large numbers of refugees, that would actually be quite a good thing."Responding to continental European calls, British Prime Minister David Cameron has announced his government will allow in 20-thousand Syrian refugees in the next five years.

Those numbers are significantly smaller than what Germany has promised. German's Vice Chancellor Sigmar Gabriel has announced that the country should be able to take in 500-thousand refugees each year for "several years".

For CRI, I'm Duan Xuelian in LondonQueen Elizabeth II Becomes the UK's Longest-Serving MonarchAnchor:

At nearly 90 years of age, Queen Elizabeth II has become Britain's longest reigning monarch. On Wednesday, she broke the previous record set by her great-great grandmother.

But Buckingham Palace says it will be 'business as usual,' with plans for only a low-key celebration.

CRI's Poornima Weerasekara has more.

Reporter:

Calculations by Palace officials have determined Queen Elizabeth II will become the longest-serving monarch in British history late Wednesday afternoon, surpassing her great-great grandmother Queen Victoria's extraordinary record of 63 years seven months and two days.

So far, she has outlasted 12 British Prime Ministers starting from Sir Winston Churchill to Cameron, as well as 12 U.S. Presidents from Harry Truman to Obama.

Key Milestones in the Queen's 63-year reign have typically been marked by lavish celebrations, including horse-drawn carriage processions and even street parties.

But this time Buckingham Palace wants to have a low-key affair to save tax payer's money.

The queen will only attend one public event in Scotland, where she will open the longest domestic railway line to be built in Britain in more than a century.

Kensington Palace will open a special display of Royal photographs comparing the reigns of Queen Victoria and Queen Elizabeth II to mark the event.

Royal arts curator Deirdre Murphy says it even includes a photo of Queen Elizabeth II posting her first tweet.

''The display here at Kensington Palace begins with images that compare the two young monarchs on the throne. So you have Queen Victoria painted very shortly after her coronation in 1838, looking very young and very regal in her coronation robes and in 1953 we have Queen Elizabeth II, photographed by Cecil Beaton in those glorious coronation robes, again with the backdrop of Westminster Abbey behind her."Both women found themselves on the throne at a young age — Victoria at 18, and Elizabeth at 25.

Victoria oversaw the British Empire during its peak — at one point ruling over one-quarter of the world's landmass.

Elizabeth ascended the throne soon after the Great British Empire had unraveled, but oversaw massive changes in Britain after WWII and during the cold war years.

Murphy says both women ruled throughout periods of great transformation.

''I think in lots of ways, the biggest similarity between both women and their reigns is that they have both been incredible sources and forces of stability during points of intense and incredible unprecedented change.''

Queen Elizabeth II is also Britain's best traveled Monarch.

Since her first official overseas visit to South Africa in 1947, the Queen has made 270 trips across the globe to 128 countries.

She is also the first British monarch to have made state visits to China, starting from 1986.

Queen Elizabeth II has two more distinctions as the UK's longest-lived monarch and the world's oldest-serving sovereign.

Only Thailand's King is outpacing her as the world's longest-serving monarch.

For CRI I'm Poornima WeerasekaraThai Police Take Suspect to React Progression of Bangkok BlastThai police on Wednesday took a suspect in last month's Bangkok bombing to the site of the blast. The police asked the suspect to reconstruct the moments before and after the explosion.

Police say one of the two foreign suspects in the case admitted to delivering a bag to the bomber in Bangkok on the evening of the August 17 attack. The second suspect, who was arrested near the Thai and Cambodian border, showed police where he was before and after the attack.

Police believe the bomber is a man seen wearing a yellow T shirt, captured by security video as he placed a bag at the Erawan Shrine moments before the explosion. The man is still at large.

The police say they are looking for four more suspects.

Forensic tests linked the two foreign suspects to the explosives, but not the site of the bombing.

Egypt banking on Suez Canal expansions for prosperous futureEgypt is banking on the expansion project of the Suez Canal to bring extra traffic and boost government revenues over the next decade.

Egypt named the project "The New Suez Canal."The expansion is the largest one to be completed in a single project, spanning 72 kilometers.

Economic analyst Ahmed Zaghloul says the planned expansion aims at reviving the nation's economic fortunes.

"The New Suez Canal is a very big project and it will benefit three provinces - Suez, Port Said and Ismalia. There will be industrial zones and other logistics projects."The project will cost an estimated eight billion U.S. dollars to complete.

Egypt expects the canal's annual revenue to increase from five billion U.S. dollars currently to 13 billion U.S. dollars by 2023.

US and South Korea Conduct Joint Defense ExerciseThe United States and South Korea on Wednesday conducted a joint biological defense exercise.

The exercise, named "Able Response 15", was aimed at improving both countries' capabilities to deter possible biological attacks.

South Korean Colonel Shin Tae-won said the exercise also was aimed at enhancing alliance between the US and South Korean armies.

"The exercise aims to improve coordination between U.S. and South Korean governments, related organizations, and military forces and to understand the procedure when a biological attack happens".

The three-day exercise began on Monday in Seoul and involved 200 officials from 40 US and South Korean government and military organizations.

The two countries have conducted the Able Response Exercise every year since 2011.

WeatherBeijing is overcast tonight with a low of 18; overcast to rainy tomorrow with a high of 21 degrees Celsius.

Shanghai is cloudy tonight with a low of 22, tomorrow also cloudy with a high of 30.

Chongqing, overcast tonight with a low of 25; expects thunderstorms tomorrow with a high of 27.

Lhasa will see showers tonight with a low of 10, wet tomorrow with a high of 22.

Elsewhere in Asia,Islamabad, sunny tomorrow with a high of 37.

Kabul, cloudy, 24.

In the Southern Hemisphere.

Sydney , cloudy with a high of 19.

Brisbane, cloudy with a high of 22.

Perth, slight rain, 23.

And finally Auckland, New Zealand will see moderate rain with a high of 15 degrees Celsius.

Headline newsPremier Li says China not to use yuan depreciation to boost exportPremier Li Keqiang has pledged that China has no intention of boosting export through the depreciation of the RMB.

Premier Li spoke to business leaders at the Summer Davos being held in northeast China's city of Dalian.

Li says China is unwilling to see a currency war, as it will be harmful to China.

He adds that using yuan depreciation to boost China's export does not accord with the structural readjustment of the Chinese economy.

Again, the premier says there is no basis for continuing the depreciation of the Chinese yuan.

China's Foreign Ministry comments on Abe's re-election as party leaderChina has again called on Japan to properly deal with issues in bilateral relations and make concrete efforts to improve China-Japan ties.

Chinese Foreign Ministry spokesperson Hong Lei made the remarks on Wednesday, following Japanese Prime Minister Shinzo Abe's re-election as president of the Liberal Democratic Party.

Hong Lei says China "hopes Japan will continue on a path of peaceful development to play a constructive role in regional peace, stability and development."State councilor to attend China-Arab States ExpoState Councilor Guo Shengkun will attend the opening ceremony of the China-Arab States Expo 2015 in northwest China.

The event will be held in Yinchuan, capital of Ningxia Hui Autonomous Region, from September 10th to the 13th.

The expo is themed as "Promoting the Spirit of the Silk Road, Enhancing China-Arab States Cooperation."Iran not to talk with U.S. on global issues: supreme leaderIran's Supreme Leader Ayatollah Ali Khamenei has denied that his country will talk with the United States on global and regional issues after the nuclear deal.

State TV on Wednesday quoted Khamenei as saying that, except nuclear issues, Iranian officials are not allowed to negotiate with the United States in other areas.

The comments by Khamenei came only one day after President Hassan Rouhani's remarks.

Rouhani said on Tuesday that Iran was ready to talk with any country, and powers, including the United States, for peace in Syria.

The supreme leader said that negotiations with the United States are "a tool for influence and imposing of their wills" on Iran.

Syrian troops evacuate NW airbaseSyrian forces have evacuated a northwestern airbase, which fell to rebels after a two-year siege.

The fallen military airport is located in the province of Idlib.

The airbase was one of the very few remaining government strongholds in the province, the rest of which mostly have fallen to the al-Qaida-linked Nusra Front.

During the two-year siege, supplies for the troops had to be airdropped by helicopters.

The Syrian military has lost a large numbers of airbases across the country to jihadi groups.

Biz reportsStocksAnchor:

Time to check the business news, first take a look at the closing numbers in Asian market, join us on the desk is Victor Ning.

Reporter:

Chinese shares remained in positive territory for the second-consecutive day on Wednesday following the government's fresh fiscal stimulus measures.

The benchmark Shanghai Composite Index was up 2.3 percent to end the day at 3,243 points.

The Shenzhen Component Index jumped 2.9 percent. The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 3.5 percent.

Stocks in the textile and property sectors gained the most.

The Ministry of Finance on Tuesday rolled out policies to shore up growth, such as coordinating funds to accelerate infrastructure projects, activating idle money and widening tax breaks.

Other measures include guidance funds for small and emerging businesses, and the promotion of public-private-partnerships.

In Hong Kong, the benchmark Hang Seng Index rose 4.1 percent.

Elsewhere in Asia,Tokyo stocks soared 7.7 percent with its benchmark Nikkei stock index rising by its highest margin since 1994 on optimism over the global economy.

South Korea's KOSPI surged nearly 3 percent, marking the first rise in four sessions.

Singapore's Straights Times added 1.3 percent.

And finally,Australia's ASX200 closed 2.1 percent higher.

China to reform quarterly GDP accounting systemChina will reform its quarterly GDP accounting system to better trace information on short-term economic fluctuations.

According to the National Bureau of Statistics (NBS), China's quarterly GDP will be accounted separately in each quarter instead of being accounted cumulatively.

The result of the quarterly GDP calculation will be released every quarter to the public.

NBS says the new system can measure quarterly GDP more accurately, trace short-term economic fluctuations more quickly and provide better data references for economic analysis and macro-control.

China Approves the Establishment of Fuzhou New AreaThe State Council has approved the establishment of Fuzhou New Area in Southeast China's Fujian Province.

The new administrative area will test reform measures and favorable trade and tax policies for the modern service sector and manufacturing industry.

The area covers a planned space of 800 square kilometers.

The establishment of the area aims to boost cross-Strait exchanges. It is also expected to boost the opening-up of the economy, and cooperation with countries and regions along the maritime silk road.

Chen Jipeng, deputy head of the office for the New Area, highlights the significance of its establishment.

"As a country level new area, it's granted preferential policies. This will definitely bring more investors, logistics, and inflows of new talent. This will help to boost the economic development of Fuzhou."China has 14 national comprehensive reform zones including Shanghai's Pudong and Tianjin's Binhai New Areas.

Global Investors Seek Opportunities in XiamenAnchor:

Silk Road-related projects have become a popular draw for investors at an international trade fair taking place in the southeastern Chinese city of Xiamen.

CRI's Qi Zhi reports.

Reporter:

This year's China International Fair for Investment and Trade is featuring some 30-thousand programs the private sector will be able to take part in.

Most of them are connected to the government's Silk Road initiative.

As the guest country of honor at the fair in Xiamen, Bahrain has been trying to promote investment projects in areas such as finance, logistics and manufacturing.

Khalid Al Rumaihi, Chief Executive of Bahrain's Economic Development Board, says his country, once an important harbor on the ancient Silk Road, is an ideal gateway to the Gulf region.

"If you look at the GCC, the Gulf economy, this is a 1.6-trillion-dollar economy, expected to grow to 2 trillion dollars by 2020. And behind would be an ideal geographic location for the 'One Belt, One Road' policy, for access to that 2-trillion market in 2020."Bahraini Minister of Industry and Commerce, Zayed Alzayani, says they're actively looking for Chinese investment in their Kingdom.

"We are looking forward to attracting more investment from China. We want to take this relationship a step further beyond trade and to joint venture and joint investment in Bahrain from China. We're here to exhibit to China what Bahrain offers and would like to invite Chinese companies to be hosted in Bahrain and serve the wide GCC market from Bahrain."A new World Investment Report has been released by the United Nations on the sidelines of the event in Xiamen.

It shows foreign direct investment inflows into Asia increased by nearly 9 percent to almost 500 billion US dollars last year.

This is in sharp contrast to a combined 16-percent decline worldwide through 2014.

Zhan Xiaoning with the UN Conference on Trade and Development says they believe part of this is due to the creation of the Silk Road initiative and the Asian Infrastructure Investment Bank.

"The Great Mekong Sub-region Cooperation Program as well as China-proposed Silk Road initiative and Asian Infrastructure Investment Bank, which are designed to create better interconnectivity and economic integration in Asia, have attracted a growing number of investments from other parts of the world."The fair in Xiamen this year has drawn some big names to the International Investment Forum which takes place every year at the event.

Alibaba founder Jack Ma is among them.

He is suggesting existing institutions should be transformed to meet the changes in the way companies do business.

"Many people have been familiar with the Internet Plus concept. But how do we increase our productivity significantly? In my opinion, the World Trade Organization should be built into a big-data platform, rather than an inter-government mechanism. The platform will provide numerous services like cross-border payment and logistics so as to boost free trade."The investment and trade fair in Xiamen is expected to attract over 50-thousand visitors before it ends this coming Thursday.

For CRI, I'm Qi Zhi.

Alibaba Launches Sports GroupE-commerce giant Alibaba has announced the creation of Alibaba Sports Group.

The Chinese company has announced that the new venture will be engaged in all aspects of the sports industry, including sporting event operations, home entertainment, media, business marketing, and ticketing.

Alibaba says it hopes to bring "digital and economic" thinking to China's already booming sports industry, reshape the whole of the industry, and to make more comfortable and convenient sports services for fans.

Last year, Alibaba invested 1.2 billion yuan, or over 190 million US dollars, in a 50 percent stake of Guangzhou Evergrande, China's most successful soccer club.

Alibaba also has business cooperation with German champions Bayern Munich, Spanish giants Real Madrid, and NBA star Kobe Bryant.

Alibaba Group chairman Jack Ma says the company will, in future, explore rural E-commerce markets.

Meanwhile, Alibaba shares crashed 4.7 percent at the closing bell on Tuesday. Its market value, for the first time, dipped under that of Tencent.

Alibaba's US IPO was launched in September of last year.

SportsChina beat Maldives 3-0 in World Cup qualifierBeginning with results from football's World Cup qualifiers,China cruised past the Maldives 3-0.

Yu Dabao opened the scoring for China eight minutes into the match.

He did it again with a header early in the second half.

Zhang Linpeng topped it off with another goal in almost the same fashion as Yu's header.

Yu Dabao says he cares more about the outcome than his own contributions.

"The result is very important. The victory means a lot to us. We found our form early in the game. We played very relaxed. And it went as planned. The victory is more important than who scored."Coach Alain Perrin says the result is acceptable but his team could have scored more.

The win lifted China to second place in Group C behind Qatar.

China will face Qatar in October.

In other action,A qualifier between Malaysia and Saudi Arabia had to be abandoned in the 87th minute after militant Malaysian fans made good on an earlier threat to disrupt the match.

A group of ultra-militant fans had threatened to disrupt the match after Malaysia's embarrassing 10-nil loss to the United Arab Emirates last week.

Saudi Arabia was leading 2-1 at that stage.

The final outcome of the match will be decided by FIFA.

Results from Euro 2016 qualifiersOver in the Euro 2016 qualifiers,England, the first team to qualify for next year's championship in France, maintained their eight-game winning streak after beating Switzerland 2-0.

Captain Wayne Rooney notched a penalty to become England's record goal scorer with 50 goals.

Rooney shares what was going through his mind when he went for that penalty.

"Yeah. Obviously as soon as he gave the penalty, I went to get the ball and I tried to compose myself and, I was very nervous, obviously knowing what a big moment it was and... I knew which corner I was going (to shoot into) before the game if we got a penalty and, but I just, decided to put my foot through it. If the 'keeper' going to save it he's going to have to make a great save and thankfully the power on it beat him."In other action,Austria stunned Sweden 4-1 in Group G to become the fourth team to qualify.

In the same group, Russia massacred Liechtenstein 7-0. Artem Dzyuba scored four of those goals.

And Spain moved closer to qualifying by beating Macedonia 1-0 after an own goal by the Macedonian goal keeper.

China announces squad for Asian ChampionshipIn basketball,China's men's team has submitted and announced its squad for the Asian Championships.

Guo Ailun made the final list at the 11th hour, having just returned to the national team from the Olympic team two weeks ago.

He joins Yi Jianlian, Li Gen, Zhou Peng and 8 others for the championship in Changsha later this month.

China is ranked second on the power list behind Iran, according to the latest rankings released by the International Basketball Federation.

Meanwhile, Li Gen who played for the Beijing Ducks last season has officially signed for Xinjiang Guanghui.

Xinjiang's chief executive Hou Wei confirmed the signing but did not specify how much they offered Li as a salary.

Li has been linked with the transfer since the end of last season.

He won the CBA title with the Beijing Ducks and will receive his champion's ring before facing his old team when Xinjiang visits Beijing for the season opener on October 31.

Serena Williams beats sister Venus to stay on track of grand slamIn tennis,Serena Williams has won a three-set match against her sister Venus to reach the semi-finals of the US Open.

Serena on having to conquer her own sister in her quest to complete a calendar year grand slam:

"It's a big topic because I think it's the greatest story in tennis because we really -- you know, with our how we started and how we grew up and how we were able to win Championships and be, you know, such inspirations for so many women across the globe, I mean, it doesn't get better than that."Next up for Williams is unseeded Roberta Vinci from Italy.

In men's action,Defending champion Marin Cilic sent off Jo-Wilfried Tsonga to reach the last four in a five-set thriller that lasted almost four hours.

Cilic knew how to work up a demanding crowd and enjoyed it.

"I didn't mind, actually, them cheering for Jo. In the third set, when he won the third and especially when he held his serve to stay in the match when I had some match points, I just kept my coolness. You know, at the end I used a little bit of emotions to pump the crowd at, you know, critical points. But I was, again, you know, in front and they were cheering again for Jo, but that's absolutely normal. It was great, great atmosphere. I really enjoyed the match."Novak Djokovic also booked a place in the semi-finals with a four-sets win over Feliciano Lopez.

Mayweather arrives at MGM for last fightIn boxing,Undefeated Floyd Mayweather has arrived at the MGM Grand Arena in Las Vegas where his last fight will be staged.

Mayweather says his glorious 19-year career is not over until he has finished his 49th fight with Andre Berto.

"It's not over yet. We've still got 36 minutes to perform. Andre Berto ... rough, tough. He's very very rough, tough, a very tough competitor, and that's why we chose that fight. It really doesn't matter who we fight, they're going to complain. But my job is to go out there and just be the best that I can be, stay focused and stick to the game plan."Two-time welterweight champion Andre Berto believes he has a chance of beating Mayweather.

Berto has a 30-3 record with 23 knock-outs. His three defeats came from his last six fights.

Mayweather has referred to himself as the greatest boxer of all time and says he wants to step back to make way for the younger generation.

His swan song is set for Sunday.

EntertainmentChina box office set to exceed 40 billion yuan this yearThe State Administration of Press, Publication, Radio, Film and Television has announced that the Chinese box office is on track to exceed 40 billion yuan or 6.25 billion US dollars this year.

If this estimate is reached then China could overtake the North American box office within the next three years.

It was reported on Tuesday that the Chinese box office surpassed the 30 billion yuan mark last week. Chinese movies have raked in 18 billion yuan which amounts to 60 percent of the total.

Fantasy film Monster Hunt has grossed over 2.4 billion yuan and is expected to break the record set by Fast and Furious 7 to become the highest grossing film of all time at the Chinese box office.

Mission Impossible: Rogue Nation opens in Chinese theaters.

Mission Impossible: Rogue Nation has opened in Chinese theaters.

The film has already grossed 500 million US dollars globally.

The fifth episode of the hit movie franchise sees Ethan Hunt and his team fight against an international criminal organization of rogue agents and killers called the Syndicate. As in all of his films, Tom Cruise performed the stunt scenes by himself.

Earlier this week, Tom Cruise, Rebecca Ferguson and the movie's director Christopher McQuarrie met Chinese fans in Beijing to promote the action movie.

Alibaba pictures invested in the film, collaborating with Paramount pictures on online ticketing and promotion for the film's release here in China. It is Alibaba Pictures' first investment in a Hollywood blockbuster.

Famous scroll painting on display at Beijing's Palace MuseumThe famous scroll painting Along the River During the Qingming Festival has been unrolled at the Palace Museum in Beijing for the first time in 10 years.

The painting by Zhang Zeduan originates from the Song Dynasty and is over 5 metres long. It depicts a landscape in Bianjing, the capital of the Northern Song Dynasty.

The scroll painting went on display in the Hall of Martial Valor in the Forbidden City on Tuesday as part of an exhibition titled The Precious Collection of the Stone Moat. The collection features over 200 ancient paintings recorded in the Qing Dynasty emperor's catalogue.

The display is one of many events celebrating the museum's 90th anniversary of its opening to the public.

Sam Smith steals the show at GQ awards after Bond announcementGQ hosted their annual Men of the Year awards in London on Tuesday celebrating men in the entertainment industry.

However the focus this year was all on Sam Smith after he revealed that he would be the voice behind the theme song for upcoming Bond film Spectre. The singer also came away with the award for solo artist of the year at the awards ceremony.

Smith says he is excited to have recorded the bond theme titled 'Writing's On the Wall' and is relieved that everyone now knows.

"It is a relief, I have been lying for a long time. I have known for a year so it is amazing to talk about it. I was with Sam Mendes the other day and he said that Daniel (Craig) has heard the song and that he likes it so I'm looking forward to meeting him."Other winners at the awards show include Lionel Richie won the prestigious Icon award while Paul Rudd won the award for Leading Man.

This year's GQ awards were hosted by Samuel L. Jackson with big names from the entertainment industry in attendance including members of The Rolling Stones.

Stephen Colbert takes up CBS' late night post.

Stephen Colbert has taken up his new post as CBS' late night host.

The former Colbert Report anchor began the show which aired in the US on Tuesday evening with a rendition of The Star Spangled Banner sung from various locations around the country including a bowling alley.

He assured viewers that as a first generation Letterman Fan he would not be replacing the former host.

Letterman left his role as host of the show on May 20 this year after 22 seasons.

George Clooney appeared as one of the first guests on the show. He discussed his work about bringing attention to the Darfur issue along with his recent marriage to Human Rights lawyer Amal Clooney. Colbert was later joined by Republican White House contender Jeb Bush.

That's it for this edition of the Beijing Hour...

A quick look at the headlines before we go...

Premier Li Keqiang has told global business leaders China will not depreciate its currency to boost exports...

a report from the World Economic Forum says the Chinese economy is too reliant on exports and investment...

Australia's prime minister says his country will launch air strikes against Islamic State targets in Syria...

In Business...Silk Road projects are a popular draw for investors at a trade fair in southeast China...

On behalf of the Beijing Hour staffers, Shane Bigham in Beijing hoping you'll join us for our next edition of the Beijing Hour to open a window to the world together...