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WASHINGTON, Sept. 10 (Xinhua) -- Visiting top Chinese legislator Wu Bangguo on Thursday met with U.S. President Barack Obama at the White House on bilateral relations and international and regional issues of common concern.     Wu, chairman of the Standing Committee of China's National People's Congress, was the first top Chinese legislator that has visited the United States during the past two decades.     Before meeting with Obama, Wu met U.S. Vice President Joe Biden at the White House. Wu will hold talks with U.S. Secretary of State Hillary Clinton later in the day. Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, meets with U.S. President Barack Obama at the White House in Washington, the United States, Sept. 10, 2009    On Wednesday, Wu met U.S. House of Representatives Speaker Nancy Pelosi, telling her that his visit aimed to promote further growth of the China-U.S. relationship, which is, in his words, one of the most important, dynamic and promising bilateral ties in the world.     Wu is here on a week-long official goodwill visit to the United States, the final leg of his three-nation tour to the Americas which also took him to Cuba and the Bahamas.Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, meets with U.S. President Barack Obama at the White House in Washington, the United States, Sept. 10, 2009

BEIJING, June 29 -- Chinese listed banks, which have lent record high amounts in the first half, are likely to report lower profit growth in the period due to narrowing interest spreads and higher provisioning requirements, industry analysts said.     "We are expecting a 7 to 8 percent year-on-year profit fall among the 14 listed banks in the first half-year," said Wang Liwen, banking analyst with Shanghai-based Guotai Junan Securities Co, citing stretched interest spreads as the major reason.     In 2008, the net interest rate spread for banks ranged from 2.45 percentage points to 3.62 percentage points, with the average figure hovering around 3 percentage points. This year, as the government cut interest rates several times to spur economic growth amid the global financial crisis, the net interest rate spread is expected to be lower, at around 2.36 percentage points. Clients walk into the Suzhou branch of Bank of Ningbo in Suzhou, east China's Jiangsu Province, March 27, 2009.The bank, the first listed lender to file a mid-term report, said its first-half profits would drop nearly 5 percent from a year earlier    "A drop of 0.7 percentage points in the average net interest rate spread could mean some 7-billion-yuan decrease in the interest yield for each trillion yuan of new loans," said Wang.     Chinese banks extended a record 7.37 trillion yuan of new loans in the first half, triple the amount offered in the same period a year earlier and 47 percent more than the government's full-year target, after lending restrictions were eased in November to stem an economic slowdown.     However, most securities firms' reports said the country's 14 listed banks might post an average profit decrease ranging from 6 percent to 10 percent year-on-year in the first six months.     According to Wind Info, a financial data provider, the 14 listed banks reported a net profit of 232.7 billion yuan in the first half of 2008, an increase of 73 percent year-on-year. But this year, the net profit could probably stand at 210 billion yuan, down 10 percent on a yearly basis.     Bank of Ningbo, for instance, on July 14 announced no more than a 5-percent decease in net profit in its pre-released semi-annual report to the Shenzhen bourse. It is the first Chinese listed bank to report a profit fall in the first half.     Wang Yifeng, an analyst at TX Investment Consulting, said the improved provision coverage ratio requirement might also cripple profits at listed banks.     To prevent potential risks arising from the lending spree, China Banking Regulatory Commission raised the minimum provision coverage ratio requirement to 150 percent from 130 percent earlier this year.     "The increase will mainly eat into the profits of several large State-controlled banks as they are still not up to the new requirements," said Wang.     But as the squeezed spreads bottom out in the second half, most analysts said listed banks would still post positive growth for the whole year.     "Thanks to the widened interest rate spreads and lower loan cost in the following months, we are expecting a 10-percent growth in profits overall this year," said Liu Yinghua, an analyst with Shenzhen-based Ping An Securities.

BEIJING, Oct. 17 (Xinhua) -- The Communist Party of China (CPC)Central Committee Saturday congratulated the Kuomintang (KMT) plenary congress, expecting deepening trust, more exchanges and common understanding across the Taiwan Strait.     The KMT held its 18th plenary congress Saturday morning, at which Taiwan leader Ma Ying-jeou officially assumed the position of KMT chairman.     In a statement to the KMT Central Committee and Ma Ying-jeou, the CPC Central Committee expected the two parties to stick to the"common wish for peaceful cross-Strait development".     With the 1992 Consensus and opposing "Taiwan independence" as the political foundation, the two parties should deepen mutual trust, increase exchanges and expand common understanding, the statement said.     In response to the CPC statement, the KMT Central Committee said in a reply that the two parties have reached a common understanding to promote cross-Strait peaceful development.     The KMT expected to work with the CPC for improving trust and mutual benefits, in a bid to improve the welfare of people on both sides, the statement said.     Hu Jintao, general secretary of the CPC Central Committee, congratulated Lien Chan for maintaining the position of KMT honorary chairman and Wu Poh-hsiung for taking the position of KMT honorary chairman respectively.     The "common wish for peaceful cross-Strait development," reached by the two parties during Lien's 2005 visit to the mainland, has set a clear direction and laid the foundation for cross-Strait relations, Hu said in a statement to Lien.     "We sincerely expect Mr. Lien to continue working for the peaceful development across the Strait," he said.     In response to Hu's congratulation, Lien said in a statement that since the two sides resumed systematic talks based on the 1992 Consensus, the peace and stability across the Strait has been greatly enhanced and people's welfare improved.     "We should work even harder to strengthen the five-point common wishes," Lien said.     As the KMT chairman in the past two years, Wu had made great contribution to improving cross-Strait relations, Hu said in a statement to Wu.     Last year and this May, Wu visited the mainland twice for the KMT-CPC talks, which laid solid foundations for favorable exchanges between the two sides, he said. "We expected Mr. Wu to make new contributions to cross-Strait peaceful development."     In a reply to Hu, Wu said in the past four years, the two parties pushed forward their cooperation step by step and won support from the people and the international society.     "The two parties should work together for peace and development with sincerity and goodwill," he said.     As honorary chairmen, Lien and Wu will assist Ma on cross-Strait affairs and regional exchanges.

BEIJING, Sept. 24 (Xinhua) -- The Eight Conference of the Board of Directors of the Chinese Council for the Promotion of Peaceful National Reunification (CCPPNR) came to an end Thursday, re-electing senior leader Jia Qinglin the council's chairman.     Jia is a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, and chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).     He attended the closing session and congratulated its success on behalf of the CPC Central Committee, saying facts indicate that the council has become a major link between the mainland and overseas Chinese, and a bridge between Chinese compatriots living on the two sides of the Taiwan Strait.     He highlighted the role of the CPC in the great changes of New China in the past 60 years, stressing, "the Chinese nation will definitely play an even more splendid movement in the process of its great rejuvenation." Jia Qinglin (L F), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with directors of the Chinese Council for the Promotion of Peaceful National Reunification (CCPPNR) in Beijing, capital of China, Sept. 24, 2009.    Jia stressed that it is a common aspiration of the whole Chinese to promote a peaceful development of the cross-strait relations and finally achieve a complete unification of the nation.     "Practice shows that Chinese living on the sides of the strait have the abilities and wisdom to hold the future of the cross-strait relations in their own hands," the top political advisor said.     He urged the two sides to join hands in promoting a peaceful development of the cross-strait relations and opening up a beautiful future for the great rejuvenation of the Chinese nation.     In his speech, Jia called for further studying and implementing the six-point instruction on cross-strait ties made by President Hu Jintao last December, when he spoke in memory of the 30th anniversary of the Letter to Taiwan Compatriots by the Standing Committee of the National People's Congress.

BEIJING, Oct.3 (Xinhua) -- The luminous full moon is always faithful to be there when Mid-Autumn Day falls, but Chinese people are going beyond their home and tradition to observe the festival that boasts a history of thousands of years.     Wang Jiayue, 26, celebrated the festival Saturday with her family at a lakeside resort that was 70 kilometers away from her home in Wuhan, central China's Hubei Province. The luminous full moon shines at night when all Chinese around the globe celebrate their traditional Mid-Autumn Day which falls on October 3 this year."We ate moon cakes while drifting on the tranquil lake glistening with the silver moonlight. That was a perfect place to enjoy the moon," she said.     Traditionally, Mid-Autumn Day, as a festival for family reunion like the Spring Festival, is always observed at home, eating moon cakes, but in recent years, creative young people are going to various places in a hope to make the holiday a poetic, romantic and more joyous occasion, partly thanks to the government's decision to make the festival a public holiday. Tourists dance with local people of the Miao ethnic group at Goutan Village in Rongshui County, southwest China's Guangxi Zhuang Autonomous Region, Oct. 3, 2009. Plentiful tourism items in many scenic spots around China attracted many tourists from at home and abroad during the National Day holidayMore than 10,000 travelers Saturday gathered at Tianshan Grand Canyon, 40 km from Urumqi, capital of Xinjiang Uygur Autonomous Region, where they rode horses by the canyon's serene Swan Lake in the day and climbed onto the mountain to gain a closer view of the bright moon at night.     "I enjoyed very much the day when we looked at the golden grassland surrounded by numerous mountains, and it seemed that we were also having a day of the idyllic life of local Kazkhstan herdsmen," said Wang Jianfeng, a tourist.     "And it is so peaceful sitting here to wait for the night to fall and the moon to shine," he added. Visitors take photographs in front of a large-sized flower pot on the Tian'anmen Square in central Beijing, capital of China, on Oct. 3, 2009. Visitors from across the country took a tour here on Saturday during the National Day holidays, the 60th anniversary of the founding of the People's Republic of China.Many people in east Fujian Province chose to spend the day in Taiwan. Xiamen Travel Agency in Xiamen City alone organized more than 50 tourist groups to Taiwan for the holiday.     In Fuzhou, the provincial capital, about 40 percent of the group tours were Taiwan-bounded.     The Sun and Moon Lake in Taiwan was a good place to enjoy the full moon, said Jia Ronglin, general manager of Fujian Tourism Company. Tourists are seen on the Huaguoshan Hill, a famous scenic area in Lianyungang, a city in east China's Jiangsu Province, Oct. 3, 2009. Plentiful tourism items in many scenic spots around China attracted many tourists from at home and abroad during the National Day holiday.EAT, OR NOT TO EAT     Young people are showing little appetite to moon cakes, a must on the Mid-Autumn Day menu. To cater to this group of picky consumers, bakeries, have in recent years introduced diversified-flavor, and usually expensive, moon cakes.     "Actually few young people like moon cakes, but, anyhow, we have to have some as it is a day for that," said Zhang Chao, a young man in Hohhot, capital of northern Inner Mongolia Autonomous Region. He was buying moon cakes at a supermarket.     "So, I prefer small moon cakes. Larger ones or those with delicate packing are too much for me," says Zhang.     For some, they would rather give uneatable "cakes" to their friends.     E-moon cakes are becoming popular among Chinese Internet users.     "Such a moon cake carries as much affection as the traditional edible cakes to my friends, as I have made it with my own hand," said Wang Yue, a student at Shandong University in east China's Jinan City.     An e-moon cake also requires a process of stuffing, baking and packing, but those are done with clicks of the mouse.     There are still people, however, who keep their faith to the traditional flavor of the festival food.     Every day since mid September, Li Shifu has been seeing long queues in front of his bakery in Hohhot.     People queued to wait for Li's moon cakes, which they said were simple but delicious.     Li, his wife and three employees have been busy making moon cakes for more than half a month, and sometimes they can not rest until midnight.

来源：资阳报