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BEIJING, Sept. 10 (Xinhua) -- Senior Communist Party of China (CPC) leader Zhou Yongkang said here Friday that China-South Africa relations have never been so good.Zhou, member of the Standing Committee of the CPC Central Committee Political Bureau, made the remarks when meeting with South African Minister in the Presidency Trevor Manuel.Hailing South African President Jacob Zuma's visit to China in August, Zhou said bilateral cooperation in trade and economy, culture, justice and security had maintained sound momentum.During Zuma's visit, the two countries signed the Beijing Declaration, in which they announced the establishment of the "comprehensive strategic partnership" and mapped out cooperative framework over the next 10 to 15 years.Zhou said he hoped China and South Africa could further implement consensuses reached by leaders of the two countries.Manuel, also in charge of South Africa's National Planning Commission , said he was responsible for the next 15-year plan of South Africa's development, and hoped to learn more from China's success in development.Zhou said China was willing to expand exchanges with South Africa in this regard, as China was working on formulating the 12th Five-year Plan (2011-2015).China became South Africa's largest export destination at the beginning of 2009, and remained South Africa's largest import partner.

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.

BRUSSELS, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday urged European political and business leaders not to join the "chorus" on pressuring China on the appreciation of the Renminbi, or RMB.China's trade surplus was explained by the specific structures of the economies involved in international trade instead of the exchange rate of the RMB, Wen said at the Sixth China-EU Business Summit here."The (past) appreciations of the RMB did not lead to any changes in the trend (of China recording trade surplus)," Wen said, referring to the fact that China continued to record trade surpluses after it initiated an exchange rate reform in 1994 although the RMB has appreciated by an accumulated 55 percent since then. Chinese Premier Wen Jiabao addresses the 6th China-European Union Business Summit in Brussels, capital of Belgium, Oct. 6, 2010.China also continued to record trade surpluses against the United States after it initiated a second exchange rate reform in 2005 to allow the RMB to appreciate 22 percent against the U.S. dollar since then, Wen said."The trade issue should not be politicized. It is an issue of the (trade) structure," the premier said.Chinese enterprises were still mostly at the lower end of the global industry chain. China has a surplus in commodity trade but deficits in the trade of services. It has surpluses against the United States and the European Union but deficits against South Korea, Japan and the Association of Southeast Asian Nations (ASEAN), Wen said.