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BEIJING, July 23 (Xinhua) -- Chinese President Hu Jintao Friday urged greater efforts to reform the nation's cultural system to boost China's "soft power."Hu, also General Secretary of the Central Committee of the Communist Party of China (CPC), made the remarks at a meeting of the CPC Central Committee Political Bureau.Hu listed the key tasks to reform China's cultural system now and in the near future:-- The acceleration of the reform on the cultural system and encouragement for cultural innovation;-- The acceleration of the building of a public network providing cultural services;-- The acceleration of the development of the cultural industry through the fostering of new cultural industry forms;-- The enhancement of the guidance of production of cultural products so as to meet the needs of the public.Hu said cultural reforms must take development as their theme.He asked CPC committees and governments at all levels to put cultural reform high on their agendas.

BEIJING, Aug. 13 (Xinhua) -- The state-owned assets in China's centrally-administered state-owned enterprises (SOE) reached 2.01 trillion yuan (297.40 billion U.S. dollars) by the end of June, up 10.71 percent from 2008, China's state-owned assets regulator said on Thursday.Nearly a quarter of the SOEs have state-owned assets over 10 billion yuan each, while six have state-owned assets over 100 billion yuan, the State-owned Assets Supervision and Administration Commission said in a statement on its website."China's state-owned capital has been flowing towards big companies with international competitiveness," said the statement.Some 30 central SOEs are listed as Fortune 500 companies. They are in sectors such as telecommunications, power generation and petro-chemicals.The number of China's central SOEs is 123 in August this year, down from 196 at the beginning of 2003.

GUANLING, Guizhou, July 4 (Xinhua) -- Rescuers Sunday gave up searching for more survivors, six days after a rain-triggered landslide buried 99 people in a southwest China village, citing mounting concerns to head off the outbreak of disease as well as the slim chance anyone could have survived after nearly one week.Only 42 bodies have been recovered at the landslide-hit Dazhai Village in Guanling County, Guizhou Province. But rescuers said it was unlikely to find any more survivors six days after the disaster amid the humid and hot weather.Police said they have begun to cremate the bodies after extracting DNA samples.Also, rescuers said life-detecting equipment found no traces of life while 20 excavators failed to uncover any body after turning some 400,000 cubic meters of mud at the site.On Sunday, police cordoned off the site and treated the area with disinfectants to prevent the outbreak of epidemics.Excavators that had been combing the ruins for six days were replaced by trucks carrying bleaching powders, disinfecting materials, and vaccines.Zhu Zhengming, deputy chief of the provincial health bureau, said the medical team faced increasing pressure as viruses and bacteria reproduced faster in the ongoing lingering heat.For the sake of the health and safety of rescue workers, they must leave the site, Zhu said, ordering quarantine personnel to disinfect the ruins every six hours for four times before it is completely sealed off for three months.Meanwhile, the government of Guanling announced on Sunday that families of each victim are entitled to cash compensation of 5,000 yuan and 500 kilograms of rice.8 Wang Mengzhou, the Party chief of Guanling, said a memorial service would be held near Dazhai Village on July 5 -- exactly one week after the landslide engulfed Dazhai and buried 99 local residents.Downpours drenched much of south China in late June, leaving 266 people dead and another 199 missing in eleven provinces, the National Commission for Disaster Reduction said last Friday. Rain-triggered landslides and mud-rock flows were responsible for 80 percent of the casualties.

BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.

BEIJING, June 17 (Xinhua) -- China's top legislator Wu Bangguo said here Thursday that the country would push forward friendly relations with the Islamic world.Wu, chairman of the Standing Committee of the National People's Congress (NPC), made the remarks when meeting with the Organization of the Islamic Conference (OIC) Secretary-General Ekmeleddin Ihsanoglu.Wu said China and all Islamic countries, as developing nations, enjoyed a long history of bilateral exchanges.China has always valued the traditional friendship with Islamic nations, Wu said, expressing appreciation for those countries' firm support on issues concerning China's core interests.China also has always supported Islamic nations on issues related to their concerns, and would work with them to increase exchanges and cooperation in politics, economy, trade and culture, he noted.Wu also briefed Ihsanoglu on China's national and religious policies and on the social and economic situation of the Xinjiang Uygur Autonomous Region.Ihsanoglu said friendly exchanges between the Islamic world and China not only accorded with fundamental interests of all parties, but also promoted human progress.The OIC was opposed to terrorism, separatism and extremism in any form, Ihsanoglu said, noting that the Islamic world would work with China to carry forward the traditional friendship and increase exchanges and cooperation.Besides Beijing, Ihsanoglu and his delegation would also visit the Ningxia Hui Autonomous Region and Xinjiang.