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BEIJING, Oct. 22 (Xinhua) -- Qingdao Haier Co., Ltd., a leading Chinese household electric appliance producer, announced Thursday evening that its net profit in the third quarter rose 48.88 percent year on year to 300.7 million yuan (44.03 million U.S. dollars). Its net profit in the first three quarters increased 28.7 percent from a year earlier to 966.4 million yuan, the firm said in a statement to the Shanghai Stock Exchange. The eastern Shandong Province-based company attributed the net profit hike to reduced inventory and improved assets quality. Equities of the Shanghai-listed firm added 1.28 percent to 18.17 yuan per share Thursday.
BEIJING, Nov. 26 (Xinhua) -- Chinese Premier Wen Jiabao on Thursday pledged to increase cooperation with the United Nations Development Programme (UNDP). Wen told visiting UNDP Administrator Helen Clark that the Chinese government applauded the UNDP's assistance and support. Hailing the UNDP's efforts in global development and poverty reduction, Wen spoke highly of the UNDP's positive role in the progress toward achieving the United Nations Millennium Development Goals (MDGs). Clark expressed her appreciation for China's achievements in its social and economic development, hoping to work with the country to expand cooperation to jointly cope with challenges. Clark was here on a visit at the invitation of the Ministry of Commerce of China.
BEIJING, Oct. 23 (Xinhua) -- China hopes the United States can take active steps to eliminate discriminatory measures towards Chinese poultry products, said Yao Jian, spokesman of China's Ministry of Commerce, on Friday. Yao made the remarks in a comment on the ministry's official website on the 2010 Agriculture Appropriations Bill, which has modified the stance towards Chinese poultry imports, compared to that in the Omnibus Appropriations Act 2009. "We welcome the changes," Yao said. He pointed out, however, there are still restrictions against Chinese poultry products in the new bill. "China is evaluating whether the restrictions are totally in line with the non-discrimination principle of the World Trade Organization and other relevant regulations," Yao said. "China's poultry products are safe and reliable... We hope the United States can stand on the footing of maintaining mutual benefit in China-U.S. trade and take active steps to eliminate discriminatory measures and normalize bilateral poultry trade at an early date," Yao said. Yao hoped that the U.S. could modify relevant regulations to resume poultry imports from China. The U.S. House of Representatives passed the 410-billion-U.S.-dollar Omnibus Appropriations Act 2009 in February, which said "none of the funds made available in this Actmay be used to establish or implement a rule allowing poultry products to be imported into the United States from the People's Republic of China."
BEIJING, Oct. 21 (Xinhua) -- Chinese Premier Wen Jiabao said Wednesday China and the United States should make joint efforts to push forward cooperation on clean energy and climate change in a substantial way. Wen said such cooperation is important work and in the interests of both countries and the world. He said the two countries should advance cooperation in this area to bring benefit to the human beings and future generations. Wen made the remarks when meeting with participants of the Strategic Forum for U.S.-China Clean Energy Cooperation that began in Beijing Wednesday. The forum will last to Friday. The forum was co-sponsored by the Chinese think tank China Institute of Strategy and Management and the Brookings Institution of the United States. Participants include Chinese Vice Premier Li Keqiang, former U.S. Vice President Al Gore and high-ranking officials from both governments. China's Prime Minister Wen Jiabao(R2) talks with the US delegation of Forum on Strategic China-US Clean Energy Co-operation led by former US vice President Albert Gore(L2) in Beijing, Oct. 21, 2009U.S. Secretary of State Hillary Clinton and Secretary of Energy Stephen Chu will deliver video-taped address at the meeting Thursday. Wen said since China and the United States are both major energy producers and consumers, the two countries share common interests in developing clean energy and addressing climate changes. He said bilateral cooperation in this area has strategic significance and broad prospect. Wen said the two sides should earnestly implement the agreement on the 10-year energy and environment cooperation framework they signed in June, 2008. He called for the governments, enterprises and researching institutes of both countries to join effort for this end. Wen said energy efficiency and environment protection are both a basic strategy of China to achieve sustainable economic and social development and a major measure to cope with climate changes. The American guests made positive comments on the efforts that China has made in developing clean energy and addressing climate changes. They expressed the wish that the two countries should set up common targets and carry out constructive, practical cooperation in this respect.