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BEIJING, Oct. 29 (Xinhua) -- China Merchants Bank said Friday its profit rose 57.4 percent to 20.59 billion yuan (3.07 billion U.S. dollars) in the first three quarters from one year earlier.The jump in net profit was mainly due to higher interest income, the bank said in its business report filed with the Shanghai Stock Exchange.Also, total assets of the mid-sized lender had expanded to 2.36 trillion yuan by the end of September, up 14.10 percent from the end of 2009.Additionally, the bank's non-performing loan ratio was 0.64 percent, down 0.18 percentage points from the beginning of this year.Shares of the bank were down 2.41 percent at 14.57 yuan in Shanghai and down 1.13 percent at 21.95 HK dollars in Hong Kong Friday.

BEIJING, Oct. 27 (Xinhua) -- A signed article published in Wednesday's People's Daily said China's political reform must be conducted in a step-by-step manner under a socialist system and the leadership of the Communist Party of China (CPC).The article, written by Zheng Qingyuan, said China's political reform should be conducted in accordance with the development of the country's economic, historical and cultural background.The article was carried by the CPC Central Committee's official newspaper after the Party concluded a key policy-setting meeting that stressed the need for political reform."Great impetus will be given to economic restructuring, while vigorous yet steady efforts should be made to promote political restructuring," the communique, issued by the fifth plenary session of the 17th CPC Central Committee, said.The article starts with noting that the kind of political system a country chooses "depends on the will of the overwhelming majority of the country's people and its particular national condition, as well as its historical and cultural background."It cited late leader Deng Xiaoping's remarks about the three key indicators to assess a country's political system: whether its political situation is stable; whether the system can enhance unity among its citizens and improve their lives; and whether the country's productivity can be sustainably developed.The article said that since 1979, the CPC has announced a comprehensive reform policy which included consistent political reform over the past three decades, and added that China had achieved some experience in political reform now.It also stressed that China's political reform should not blindly adopt western-style practices such as having multiple parties which hold office in rotation and separating administrative, legislative and judicial powers.

amily members arrange their trips.Two local government officials also attended the press conference, which lasted for about 10 minutes and left no time for questions.Before the press conference, everyone stood in silence tribute to mourn the dead.Tuesday night's disaster ended CAAC's record 2,102 days of safe air travel in China -- 69 months without an accident.Of all the 96 people on board, 54 survived with injures. Most of them were hospitalized in Yichun and 15 serious cases were airlifted to Harbin Wednesday night.Among the serious cases were five children, aged from 6 to 10. Four of them suffered burns and two were still in critical condition, said doctors in Harbin.Yichun Airport reopened Thursday with the landing of an Airbus 320 run by China Southern Airlines early in the afternoon, carrying some family members of the victims. It flew back to Harbin shortly afterwards, carrying passengers who had been laid over Tuesday night.

BEIJING, Nov. 5 (Xinhua) -- Li Changchun, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, met here on Friday with a delegation from the Rodong Sinmun, the leading official newspaper of the Democratic People's Republic of Korea (DPRK). The delegation, headed by the newspaper's editor-in-chief, Kim Ki Ryong, is visiting China at the invitation of the People's Daily.Li said good relations between China and the DPRK have helped safeguard regional peace and stability and boost socialist consturction of the two countries.The CPC higly values the traditional China-DPRK friendship and to continuously consolidate and develop the friendship is an unswerving policy of the Party, Li said. Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with Kim Gi Ryong, chief editor of Rodong Sinmun daily of the Democratic People's Republic of Korea (DPRK), in Beijing, capital of China, Nov. 5, 2010.Li spoke highly of the exchanges between the People's Daily and the Rodong Sinmun, official newspapers of the two countries' ruling parties.Li encouraged the two newspapers to work to promote mutual understanding and trust between the two peoples and advance China-DPRK friendly, cooperative relations.Kim echoed Li's views on bilateral relations. He said his newspaper would work to develop the friendship between the two peoples.

WUHAN, Sept. 6 (Xinhua) -- Chinese Vice Premier Li Keqiang on Monday urged medical authorities to increase prevention and control measures against schistosomiasis, as lingering rainfall and massive floods in the country's south have increased outbreaks of the disease.Priority should be given to upgrading the capacity of grass-roots level medical institutions in disease prevention and control, he said, adding medical authorities should distribute free medicine to prevent contracting the disease as well as treating patients as early as possible.He further said medical costs should be reduced or exempted for the poor and efforts should be made to raise people's awareness in disease prevention and control.Schistosomiasis, a wasting disease that causes blood loss and tissue damage, afflicted many Chinese before the 1960s due to widespread below-standard waste treatment in rural latrines, fishing boats and water.People who work or play in areas where the water contains freshwater snails are especially prone to be affected by the water-borne parasitic worm disease, commonly known as snail fever.