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BEIJING, Aug. 29 (Xinhua) -- China National Chemical Engineering Co., Ltd. (CNCEC), one of the country's leading engineering, procurement and construction firms, said its net profit for the first six months of 2010 grew by 58.61 percent.Net profits totaled 653 million yuan (96 million U.S. dollars) while earnings per share stood at 0.13 yuan, up 20.37 percent from one year earlier, the company said in a statement filed with the Shanghai Stock Exchange late Sunday.CNCEC said its revenues during the first half of this year were valued at 14.57 billion yuan, among which project construction contracts accounted for 13.03 billion yuan, up 15.97 percent from one year earlier.The Beijing-based company has also made progress in overseas markets where revenues increased by 63.53 percent to nearly three billion yuan, while domestic revenues grew by 8.54 percent to 11.5 billion yuan, according to the statement.CNCEC attributed its strong performance to collective material purchasing, improved outsourcing and investment management, continuously reduced project costs and an effective human resources incentive mechanism.

BEIJING, Aug. 28 (Xinhua) -- Chinese legislators on Saturday passed the People's Mediation Law on the final day of the bimonthly meeting of the Standing Committee of the National People's Congress (NPC), the top legislature.The law establishes the people's mediation committee as the legal organization to resolve everyday disputes, and sets down the procedure for formation of such an organization within community committees.The law stipulates that governments at county levels and above shall provide financial support for mediation work and shall honor and reward outstanding mediation committees and mediators.The law encourages people to settle disputes at the neighborhood-level, outside of courts and arbitration.To achieve that goal, the law streamlines the relation between mediation and other kinds of dispute resolution methods. It provides that courts at the grassroots level, as well as police offices, should inform parties involved in disputes about the possibility of solving such disputes through mediation.The law also spells out that agreements reached in the mediation procedure are legally binding and can be enforced by courts upon one party's request.Nonetheless, the law stipulates that mediation should be carried out in accordance with the parties' real intent. If one of the parties in dispute has explicitly refused to resolve the problem through mediation, the mediation should not be undertaken.In China, people traditionally regard going to court as a very serious action, so resolving disputes through mediation has become popular.China has more than 4.9 million mediators working in more than 800,000 mediation committees, according to the Ministry of Justice.These organizations handled more than 7.67 million disputes last year, with a 97.2-percent resolution rate, while only 1 percent went on to litigation.

ZHOUQU, Gansu, Aug. 27 (Xinhua) -- Authorities are set to drain stagnant water by the end of the month which continues to submerge part of a remote mountainous town in northwest China's Gansu Province. This comes three weeks after a devastating mudslide left more than 1,700 people dead or missing, a senior military official said Friday.For weeks, soldiers and work crews have been using explosives and excavators to remove the massive debris and rocks that were swept down by the mudslide into the waterway and formed a barrier lake, flooding the riverside areas of Chengguan Township, Zhouqu County.People's Liberation Army Deputy Chief of Staff Zhang Qinsheng, who also serves as the deputy head of the work group for Zhouqu relief under the State Council, announced Friday that the deadline for removing stagnant water is 12 p.m. August 30, and rescue crews are working hard to meet the deadline.Experts have warned that the stagnant water -- at some point rising high enough to completely submerge a street light pole -- would rot the foundations of 80 flooded buildings and caused them to collapse. The water also posed a serious threat to public health, as it was an easy breeding ground for mosquitoes and bacteria.Meanwhile, the government of Zhouqu on Friday ordered the sludge-covered area of the mudslide to be sealed off for both safety and health reasons.This came five days after authorities banned the recovery of bodies in the hard-hit area -- about five kilometers long and 300 to 500 meters wide, at the foot of Sanyanyu Mountain.An avalanche of rocks and mud roared down the Sanyanyu mountain slope at midnight on Aug. 7, leaving 1,456 dead and 309 missing as of Aug. 27. The bodies of the missing, along with an undetermined number of animals, were believed to be buried under the meters-deep sludge.Soldiers have dug a water channel in the sludge-covered area to direct waters into the Bailong River. The mud and debris were carried away and dumped at farmlands outside the town properof Zhouqu. However, they might be stopped from continuing and leave the devastated hard-hit area untouched. Authorities are looking for new areas to settle homeless residents who are now housed in disaster relief tents."No dumping sites can be found for the sludge if the clearing efforts continue. Also, the site sits in an area where mudslides frequently occur. It is not suitable for reconstruction," said a directive issued by the Zhouqu county government. Before the disaster, the county seat, hit by the mudslide, had about 45,000 residents. Nearly half of them lost their homes in the disaster.

ANKARA, Oct. 8 (Xinhua) -- China and Turkey on Friday issued a joint declaration on the establishment and development of a strategic relationship of cooperation, further upgrading the level of bilateral relations.The two emerging developing countries agreed to maintain the momentum of high-level exchange of visits, deepen political mutual trust, expand bilateral friendly exchanges and formally launch a mechanism of joint working group of the two foreign ministries, the declaration said.Chinese Premier Wen Jiabao was in Turkey for an official visit Thursday through Saturday at the invitation of Prime Minister Recep Tayyip Erdogan. Chinese Premier Wen Jiabao (R) meets with Turkish President Abdullah Gul in Istanbul, Turkey, Oct. 8, 2010.During his visit, Premier Wen met with President Abdullah Gul and held talks with Prime Minister Erdogan. In a frank, friendly and pragmatic atmosphere, leaders of the two countries had an in-depth exchange of views on how to further expand and deepen China-Turkey mutually beneficiary cooperation in all fields and on regional as well as international issues of common interest, reaching broad consensus, the declaration said.The two sides made an overall review of and highly appraised the development of bilateral relations and expressed satisfaction over the fruitful achievements in the relations.It is the shared view of the two sides that as emerging developing countries, both China and Turkey are at an important stage of development, the declaration said."With the historical background of deep and complex changes in the international situation, the continuous expansion of China-Turkey friendly relations and cooperation, both in scale and content, will not only benefit the two peoples, but also contribute to regional and world peace, stability and development," it added.

UNITED NATIONS, Sept. 23 (Xinhua) -- Chinese Premier Wen Jiabao met with U.S. President Barack Obama here on Thursday, focusing on bilateral ties and regional and world issues and calling for more cooperation.China and the United States can deepen their cooperation on significant international affairs and major regional issues as well as on efforts to handle global financial woes and climate change, Wen said.He said China and the United States could forge an even closer and wider-ranging trade and financial relationship. Chinese Premier Wen Jiabao (L) meets with U.S. President Barack Obama in New York, the United States, Sept. 23, 2010.At the beginning of the meeting, Wen said the China-U.S. relationship has advanced beyond the bilateral scope and has a major impact on the world.The common interests of the two countries far outweigh their differences, Wen said.Although there exist differences between China and the United States, the problems can be well solved through dialogue and cooperation, the premier said.The meeting at the United Nations added to the increasing number of meetings held between Chinese and American leaders since Obama took office in 2009.

来源：资阳报