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BEIJING, July 27 (Xinhua) -- China's largest gold producer said on Tuesday its operating profits rose by three fold to 1.55 billion yuan (228.09 million U.S. dollars) in the first six months this year.China National Gold Group Corp. said in a statement that its first-half revenue grew by 98 percent from a year earlier to 27.67 billion yuan and expected its full-year revenue to reach 50 billion yuan.At the end of June, the gold producer had 1,250 tonnes of gold reserves, eight million tonnes of copper reserves and 1.6 million tonnes of molybdenum, according to the statement.In the first half of 2010, the company added a total of 24.7 tonnes of gold, 683,000 tonnes of copper and 445,000 tonnes of molybdenum to its reserves, said the statement.The company had improved its development strategies through conducting merge and acquisitions, integrating regional resources and exploring overseas, said Sun Zhaoxue, general manager of the gold producer.

GUANGZHOU, July 12 (Xinhua) -- Senior Chinese leader Jia Qinglin has encouraged south China's Guangdong Province to be a trailblazer in building a harmonious society and promoting the country's new economic growth pattern.Jia Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, toured businesses and research institutes during his visit here from Thursday to Monday.He urged businesses to shift economic growth patterns and promote business restructuring at a faster pace. Jia Qinglin (C, front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits the Manufacturing Engineering Institute of Huazhong University of Science and Technology in south China's Guangdong Province, July 9, 2010. Jia Qinglin paid an inspection to Guangdong from July 8 to July 12.Jia said that enterprises should strive for high quality and shift from reliance on the consumption of resources to stronger human resource and sound management, from low-end assembling and processing to developing brand-name products with indigenous innovation.Jia also stressed improving the working and living conditions of employees to assure a harmonious working environment.Jia also urged the province to enhance cooperation with Hong Kong, Macao and Taiwan, taking advantage of its adjacency with these regions, and to push Guangdong's cooperation with Taiwan to a new high.
ZHOUQU, Gansu, Aug. 9 (Xinhua)-- Premier Wen Jiabao has urged rescuers to race against time to search survivors after catastrophic mudslides hit a northwest China county and left nearly 1,300 people missing Sunday.At least 127 people have been confirmed dead and 1,294 others were reported missing in rain-triggered mudslides in Zhouqu County, Gannan Tibetan Autonomous Prefecture in Gansu Province, early Sunday morning."For those who were buried under the debris, now it's the most crucial time to save their lives," Wen stressed during a meeting held at the county government late Sunday night.He said the search and rescue work must not be halted as long as the possibility for finding survivors still exists.He instructed the rescuers to locate places where most people were buried or trapped and to clean the sludge as soon as possible.Wen also demanded that traffic, power supply and telecommunication in the county should be resumed as soon as possible."And people who have been evacuated should be taken good care of," Wen stressed.
TAIPEI, June 21 (Xinhua) -- The economic authority of Taiwan has approved investment totaling 77.13 million U.S. dollars from the Chinese mainland, according to a statistics report released Monday.From the end of June last year when Taiwan opened to mainland investment, the authority had approved 52 investment projects on the island by the end of May, said the report from the authority.The top three industries for mainland investment -- accounting for 44.84 percent of the total mainland investment -- were computers, electronics and optical products manufacturing.At the same time, the mainland saw a sharp increase in investment from Taiwan. In the first five months of this year, the Taiwan authority approved investments in 187 projects on the mainland.New investment from Taiwan on the mainland from January to May totalled 4.59 billion U.S. dollars, a year-on-year increase of 239.9 percent.About 75 percent of the Taiwan investment in the first five months went to Jiangsu, Guangdong, Fujian and Shandong provinces, said the report.
来源:资阳报