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BEIJING, Aug. 29 (Xinhua) -- Shanghai Pudong Development (SPD) Bank said its first-half-year net profit rose 33.92 percent from one year earlier due largely to lending boom and increased commission fees.Net profits climbed to 9.08 billion yuan (1.34 billion U.S. dollars) in the first six months of this year, the Shanghai-based lender said in a statement filed with the Shanghai Stock Exchange late Sunday.Its growth in profits stemmed from rising operating revenues, a result of growing net interest earnings, increased fee incomes and the improved quality of assets, according to the statement.Earnings per share stood at 0.791 yuan, up 20.21 percent from one year earlier. Also, operating revenues grew 36.42 percent to 22.75 billion yuan in the first half of 2010, it said.Total assets for the commercial bank hit 1.781 trillion yuan by the end of June, up 9.77 percent from the end of 2009.

BEIJING, Sept. 30 (Xinhua) -- Chinese Premier Wen Jiabao said Thursday that the government will keep housing price at a reasonable and stable level.Addressing a grand reception marking the 61th anniversary of the founding of the People's Republic of China, Wen said the nation will improve support for the elderly, medical care and other social security schemes, to allow all the citizens to benefit from China's economic growth.Present at the reception were Chinese President Hu Jintao and other senior Chinese leaders Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang, Zhou Yongkang and more than 1,000 Chinese and foreign personages.Chinese Premier Wen Jiabao addresses the reception to celebrate the National Day at the Great Hall of the People in Beijing, capital of China, Sept. 30, 2010. China's State Council (Cabinet) on Thursday held the reception to mark the 61st anniversary of the founding of the People's Republic of China, which falls on Oct. 1.Premier Wen reiterated the country's adherence to the paths of scientific development, reform and opening-up, and peaceful development."China's development will neither harm anyone nor pose a threat to anyone," he said, adding that the argument that a strong country is bound to seek hegemony does not apply to China.Wen said this year is the last year for implementing China's 11th five-year plan of economic and social development.He reviewed the country's "new historic changes" over the last five years, citing enhanced productivity and national strength, improvements in people's lives, and the country's increased international standing and influence."In the last two years in particular, we adopted timely and forceful measures to counter the severe impact of the global financial crisis," said the premier."We have prevailed over numerous difficulties and become one of the first countries to achieve an economic rebound," he added.Saying the country is at a "new historical starting point," Wen said the coming five years will be crucial to China's effort to build a moderately prosperous society.He called for joint efforts with compatriots in Hong Kong and Macao to promote long-term prosperity and stability in the two regions.The premier also vowed to join hands with compatriots in Taiwan to promote peaceful development across the Taiwan Strait and fulfill the peaceful reunification cause.

BEIJING, Sept. 27 (Xinhua) -- Russian President Dmitry Medvedev Monday signed a series of political and commercial deals on his second state visit to China, a sign of closer strategic ties between the two world powers.Medvedev held talks with his Chinese counterpart Hu Jintao Monday in Beijing. They celebrated the completion of a long-awaited China-Russia oil pipeline, the largest bilateral project between the two countries.The 999-km pipeline runs from Angarsk in Russia to Daqing in northeast China. It is part of a bilateral loan-for-oil deal that was reached in 2009. Under it, China makes a 25-billion-U.S.-dollar long-term loan to Russia while Russia supplies China with 300 million tonnes of oil through pipelines from 2011 until 2030."The smooth completion of the pipeline project is a model for the two countries' mutually beneficial win-win cooperation and a milestone for China-Russia energy cooperation," said Hu at the completion ceremony.The two countries also signed 15 deals on cooperation covering coal, gas supply, energy efficiency, renewable energy, nuclear power, power grids and banking.Medvedev arrived in northeast China's port city of Dalian Sunday to start his state visit. There, he met with veteran Chinese and Russian soldiers who participated in China's War of Resistance against Japanese Aggression (1937-1945), part of WWII, underscoring the "deep bonds" between the Russian and Chinese peoples.

BEIJING, Oct. 4 (Xinhua) -- A 66-member Chinese rescue and relief team sent to provide immediate assistance to flood ravaged Pakistan returned from the Pakistani port city Karachi to Beijing by charter flight Monday, officials said.China sent two rescue and relief missions to flood-afflicted Pakistan since the end of July when floods began taking their toll, said officials from China Southern Airlines Company Limited, which transported the team.The return of these 66 members, including medical workers, experts from the China Earthquake Administration, rescue soldiers as well as journalists, marked the end of the two rescue missions, noted officials.In response to the worst flooding in Pakistan's recent history, China's help included monetary assistance, urgently needed relief goods delivered directly to affected areas, a convoy of 101 trucks to the northern parts of Pakistan, two rescue and relief missions for providing medical relief to the victims, four military helicopters for carrying out rescue missions and an additional 200 million U.S. dollars for post-disaster reconstruction besides the previous 320 million yuan (47 million U.S. dollars) worth of humanitarian supplies.

BEIJING, Oct. 2 (Xinhua) -- The number of passengers traveling on China's railway set a new daily record on Oct.1 driven by holiday makers and improved rail transport capacity, railway authorities said Saturday.Daily railway passenger traffic on Friday hit 8.3 million riders, up 19.8 percent year on year and overtaking the daily record of 7.1 million set on May 1 during the Labor Day holiday, the Ministry of Railways (MOR) said.Friday's figure also outnumbered the previous day by 1.8 million, the MOR said.Over the past four days more than 24 million people in China chose to travel by train, which is 10.3 percent higher than the figure during the same period last year, said the ministry.Thanks to China's increased transport capacity, stemming partially from high-speed railway construction, railway authorities managed to meet the travel demands of holiday makers, which are dominated by travelers and those who were returning home.China's weeklong National Day holiday begins on Friday.China has 7,055 kilometers of high-speed railway in service, which is the world's longest, said He Huawu, chief engineer of the MOR.By 2012, China will have a railway network of 110,000 kilometers, 13,000 kilometers of which will be high-speed rail, according to the MOR.

来源：资阳报