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SHANGHAI, Oct. 31 (Xinhua) -- Chinese Premier Wen Jiabao declared the closure of the World Expo 2010 at the Expo Culture Center in Shanghai Sunday night.A ceremony was held here to celebrate the end of the Expo, which International Exhibitions Bureau (BIE) President Jean-Pierre Lafon called an "astounding success."The first of its kind staged in a developing country, the event attracted 246 participating countries and international organizations and 73 million visitors. Both figures are records in the history of expos, the first of which was held in London in 1851.On an area of 5.28 square kilometers, the Expo Site has become a global village where people can not only see rare cultural treasures from around the world -- the bronze chariot and horse sculpture from China's Warring States period, the statue of Athena from Greece and French impressionist masterpieces, for example -- but also get a taste of the diversity of the world's cultures through more than 20,000 cultural events.The gala is eyed in China as another event of national splendor after the 2008 Beijing Olympic Games showcased China's status as an economic and political power to the world.
HEFEI, Sept. 4 (Xinhua) -- China's top 500 enterprises reported smaller revenue gaps with their U.S. counterparts, while outperforming their worldwide competitors in profitability amid the nation's rapid economic recovery, an industrial ranking report showed Saturday.China's top 500 enterprises chalked up 4.05 trillion U.S. dollars in operating revenues last year, equivalent to about 18 percent of the operating revenue total created by the world's top 500 companies in the same year, and the ratio was 2.62 percentage points lower than the figure recorded for the year earlier, according to a report released Saturday in Hefei, capital of east China's Anhui Province, by the China Enterprise Confederation (CEC) and China Enterprise Directors Association.The average profit margin of China's top 500 enterprises was 5.44 percent in 2009, compared with 4.16 percent for the world's top 500 companies.Further, the net profits of the Chinese heavyweights grew by more than 20 percent last year, faster than the 17 percent for the world's top 500. It was the second consecutive year that Chinese enterprises outshone theirforeign counterparts in annual profits.Miao Rong, researcher with CEC, said despite the progress, China's top 500 enterprises obviously suffered from the impact of the global financial crisis as they reported slower growth in new employment and business revenues.However, unlike the world's top 500 companies, most of which are service and high tech giants, a lion's share of China's top 500 businesses are traditional industrial enterprises in the fields of energy development, telecommunications and power generation, Miao noted."It is a tough job, in the short-term, to make Chinese corporations catch up with their foreign counterparts in terms of 'soft power' , such as the capability of resource integration, management expertise, brand building and intellectual property protection," he added.Sinopec, Asia's leading refinery, topped the top 500 revenue list for the fifth consecutive year with 1.39 trillion yuan (about 204.41 billion U.S. dollars) in 2009. It was followed by the State Grid and PetroChina.Also, private businesses were growing rapidly as five companies reported operating revenues exceeding 100 billion yuan. Huawei Technology Co Ltd, a telecommunication equipment producer, recently leaped into the world's top 500 enterprises club.
SHANGHAI, Sept. 18 (Xinhua) -- Chen Zhili, vice chairperson of the Standing Committee of the National People's Congress, China's top legislature, met here Saturday with Allyson Maynard Gibson, president of the International Women's Forum (IWF).Chen, also the chairperson of the All-China Women's Federation, held talks with the IWF delegation.
DUBLIN, Sept. 27 (Xinhua) -- Visiting senior Communist Party of China (CPC) official Li Changchun on Monday met with Irish President Mary McAleese and Prime Minister Brian Cowen to discuss bilateral relations.Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, said that bilateral relations have developed steadily since China and Ireland established diplomatic relations. Especially in recent years, the two nations have increased high-level exchanges, enhanced political mutual trust and broadened trade cooperation.He added that China has become the biggest trading partner of Ireland in Asia for five consecutive years, and the two countries have reached fruitful achievements in science and technology, education and culture and maintained close coordination on international affairs.Li Changchun (R), a member of the Standing Committee of the Political Bureau of the Central Committee of the Communist Party of China, meets with Irish President Mary McAleese in Dublin, Ireland, Sept. 27, 2010.Li expressed appreciation for Ireland's adherence to the one- China policy and said China is willing to join hands with Ireland to strength dialogue and communication, deepen pragmatic cooperation in the various fields.For her part, McAleese said in recent years, closer political exchanges and trade cooperation between Ireland and China have further promoted the development of bilateral ties. She hoped that both sides would continue to maintain such positive momentum and expand cooperation to elevate the ties to a higher level.
BEIJING, Sept. 29 (Xinhua) -- A reception was held at the Great Hall of the People in Beijing Wednesday night to mark the 61st anniversary of the founding of New China, which falls on Oct. 1.Jia Qinglin, Xi Jinping and Li Keqiang, all members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, joined 3,500 guests, including representatives of overseas Chinese and compatriots from Hong Kong, Macao and Taiwan, at the reception.Addressing the reception, Jia, who is also chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said the country had gained great achievements over the past 61 years and overseas Chinese, along with the compatriots from Hong Kong, Macao and Taiwan, have made remarkable contributions to the prosperity of the motherland.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, addresses a reception in Beijing, capital of China, Sept. 29, 2010, to mark the 61st anniversary of the founding of New China, which falls on Oct. 1. Jia Qinglin, Xi Jinping and Li Keqiang, all members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, joined 3,500 guests, including representatives of overseas Chinese and compatriots from Hong Kong, Macao and Taiwan, at the reception.He pledged that the central government would firmly stick to its basic policies in Hong Kong and Macao to maintain the long-term development and stability of the two special administrative regions.The cross-Strait ties between the Chinese mainland and Taiwan were enhanced with a series of new and important achievements over the past year. The mainland would adhere to the peaceful development of cross-Strait relations and continue to promote mutual political trust, exchanges, common sentiments and Chinese culture among compatriots on both sides of the Strait, Jia said.The Chinese government would continue to protect the legitimate rights and interests of overseas Chinese through legal means, Jia said.