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NANJING Puma Sneakers Grey , China, Aug. 22 (Xinhua) -- Wushu received a big boost in the quest to becoming an Olympic sport when International Olympic Committee president Thomas Bach visited the Gaochun Gymnasium on Friday.

The International Wushu Federation (IWUF) has been campaigning hard for the last few years seeking Olympic status for wushu.

IWUF officials' hopes brightened when Bach agreed to present the medals to the winners of the women's changquan event at the Nanjing 2014 youth wushu tournament.

"Wushu is gaining popularity all over the world. We are very serious to see this sport at Olympics. And for that, we are aiming at wushu's inclusion in 2020 Olympic Games. The IOC president's visit is encouraging for us," said Ang Mong Seng, an IWUF executive board member.

Seng said as the sport is being practised not only in its birthplace China Puma Shoes Grey , but also in many other coutries worldwide, his federation has received some positive feedback from the IOC.

"We have received some good responses from the IOC, but we are still in the process of convincing it to give wushu Olympic status," said Seng. "Hopefully, we will see wushu at 2020 Olympics."

He believes the Youth Olympic Games in Nanjing is a perfect opportunity for the young athletes to get the feel of Olympics.

"We had wushu at 2008 Beijing Olympic Games as non-competition sport Puma Sneakers White , and now it is again a non-competition sport in Nanjing Games. It will give a good opportunity to the young athletes to be a part of the Games and prepare for the future."

Bach's presence was not only a boost for the top brass of the IWUF. Young wushu athletes competing at Gaochun Gymnasium were also hopeful of Olympic dreams one day coming true.

"I would like to see wushu at the Olympics as soon as possible so that I may also take part and become an Olympian," said Wu Zhong, the gold medallist in the men's changquan competition. "I am honored to become the first Chinese to win the wushu gold at this event which is a part of these Games."

Although wushu is not among the official competition sports at the Nanjing Games, it has been included as a non-competition sport by the organizers.

"I wish wushu to become an Olympic sport," said women's bronze medallist Liu Ting Ting of Chinese Taipei. "I feel so honored to shake hands with Thomas Bach that I will never wash my hands again."

Wu and Liu's views were shared by their western counterparts who are also anxious to see the sport make its Olympic debut.

"It is an exciting sport. You have got just one shot. It is like swimming. I want wushu to become an Olympic sport Puma Shoes White ," said Wesley Hawkeen Huie from the United States, a bronze medallist in the men's changquan.

Another wushu athlete, American Emily Xinyu Fan said: "Wushu is an interesting and cultural sport and it needs to be at Olympics."

Other medallists on the day were Loh Ying Ting of Malaysia - gold in the women's changquan; Wei Ting Zoe Mui of Singapore - silver in the women's changquan; and Kelvin Young of Indonesia - silver in the men's changquan.

by Xinhua writer Liu Jie

WASHINGTON, Oct. 29 (Xinhua) -- The Federal Reserve decided Wednesday to end its six years of pump-priming, as it sees the economy is improving on track from the worst financial crisis in decades. It also pledged to keep low interest rates in the longer run to nurture the hard-earned recovery.

The Fed's monetary policy committee announced the end of the third round of monthly asset purchase program Puma Sneakers Black , as it "continues to see sufficient underlying strength in the broader economy to support ongoing progress toward maximum employment in a context of price stability," according to a statement issued after a two-day meeting.

The committee also said it will maintain the low interest rate and its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities to help maintain accommodative financial conditions.


To salvage the world's largest economy from the worst financial meltdown since the "Great Recession," the Fed has kicked off three rounds of quantitative easing (QE) stimulus since the end of 2008, injecting trillions of dollars of liquidity to boost the sagging economy.

The Fed's decision on Wednesday has been expected as it had said it would likely end the program after its October meeting if the economy continued to improve. Since December 2013 Puma Shoes Black , it has gradually pared the purchases from 85 billion U.S. dollars in Treasury and mortgage bonds each month to 15 billion dollars.

"QE played a material role in helping to foster the recovery and expansion of the U.S. economy in the past few years," David Stockton, the former Fed chief economist, told Xinhua. It held down long-term interest rates, which in turn boosted consumer spending especially for houses Puma Sneakers Mens , motor vehicles and other durable goods, he noted.

He said QE also encouraged investors to move into riskier assets such as stocks. "The increase in household wealth from higher stock prices and higher house prices no doubt encouraged greater consumer spending," he added.

The U.S. economy expanded 4.6 percent in the second quarter, as consumer spending posted a strong increase after the chilly winter. Unemployment has fallen to 5.9 percent in September, and inflation keeps low.

With the economy improving Puma Shoes Mens , the Fed viewed the accommodative monetary policy still essential to nurture the hard-won economic recovery.

"Even after employment and inflation are near mandate- consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run," said the statement.

Mixed signals of job market are top concerns for the Fed on the timing of rates hike. Although the jobless rate declines steadily Puma Sneakers Womens , the fact that fewer people are willing to enter . Hockey Jerseys Cheap MLB Jerseys Wholesale Jerseys Wholesale Jerseys Online NHL Jerseys Wholsale NFL Jerseys From China NFL Jerseys Cheap College Basketball Jerseys Wholesale Custom Jerseys Wholesale Basketball Jerseys Free Shipping

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