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BEIJING, Aug. 20 (Xinhua) -- Industrial and Commercial Bank of China (ICBC), the world's biggest lender by market value, posted a profit after tax of 66.7 billion yuan (9.77 billion U.S. dollars) in the first half of this year, up 2.8 percent over the same period last year. The increase was mainly attributed to gains on incomes from the bank's intermediate business, including investment banking business and fund dealing commission, which grew 17 percent from ayear earlier to stand at 28.3 billion yuan, according to the bank's half-year report released Thursday. Outstanding loans amounted to 5.44 trillion yuan by the end of June, jumping 18.9 percent from the beginning of this year in response to the country's economic stimulus plan. The non-performing rate was 1.81 percent by June, 0.48 percentage points lower than at the beginning of 2009, as outstanding bad loans decreased 5.8 billion yuan after the bank intensified risks control. At the end of June 2009, the bank's deposits increased 1.69 trillion yuan from the beginning of the year, leaving its outstanding deposits exceeding 10 trillion yuan. The total assets of ICBC stood at 11.4 trillion yuan by the end of June, up 17.2 percent from the end of last year. Earnings per share for the bank amounted to 0.2 yuan and the bank's stock advanced 3.26 percent to end at 4.75 yuan in Shanghai Stock Exchange Thursday. ICBC was simultaneously listed in Shanghai and Hong Kong in October 2006.
PHOENIX, Sept. 6 (Xinhua) -- At the invitation of the speaker of the U.S. House of Representatives Nancy Pelosi, Chinese top legislator Wu Bangguo arrived here on Sunday to begin his official visit to the United States on the final leg of his three-nation America tour. In a written statement released at the airport upon his arrival, Wu, chairman of the Standing Committee of China's National People's Congress, highlighted the "historical" growth of the China-U.S. relations in the past 30 years since the two nations forged diplomatic relations, noting that the bilateral ties already become the most important and the most dynamic ones in the world. Wu Bangguo (L), chairman of the Standing Committee of China's National People's Congress, the country's top legislature, shakes hands with Arizona Governor Jan Brewer greeting him upon his arrival at an airport in Phoenix of Arizona state Sept. 6, 2009. Wu Bangguo arrived here on Sunday for an official goodwill visit to the U.S., the final leg of his three-nation America tourWu will be visiting Washington Tuesday where he is expected to hold talks with Pelosi, meet with U.S. President Barack Obama, Vice President Joe Biden and Secretary of State Hillary Clinton. "My visit to the United States is the first by a Chinese top legislator in the past 20 years," Wu said in the statement, noting that the purpose of his visit is to further implement the important consensus reached by the Chinese president Hu Jintao and Obama in an aim to push forward the positive, cooperative and comprehensive Sino-American relations. Wu arrived here after he concluded his official visit to Cuba and the Bahamas.

BEIJING, Aug. 1 (Xinhua) -- The major part of China's armed forces, Chinese People's Liberation Army (PLA), has targeted on building up a defense might capable to handle threats in multidimensional battlefields. Celebrating the PLA's 82th founding anniversary which falls on August 1, military experts told Xinhua that an ongoing significant reform inside the 2.3-million strong might will take much more attentions to modernization of the navy and air force.Among the three PLA's senior officers who were promoted to full generals on July 20, Deputy Chief of General Staff Ma Xiaotian was awarded three-star insignias on shoulder of his original Air Force blue uniform. The PLA's officers from different services used to change to the Army's green uniforms if they are promoted to positions in the PLA's four headquarters, a symbol of the Army's dominance in the PLA's construction and development. Chinese soldiers perform during a vocal concert marking the 82nd anniversary of the establishment of the Chinese People's Liberation Army (PLA), in Hefei, capital of east China's Anhui Province, Aug. 1, 2009 For example, General Liu Huaqing abandoned his white uniform as the Navy's commander after being promoted to Vice Chairman of the Central Military Commission (CMC) in 1987. General Ma is just a new symbol that the PLA's officers from navy and air force keep their original uniforms as the effort to pay more attentions to the voices from other services. In the current China's top military authority, commanders of the PLA's Navy, Air Force and the Second Artillery Corps for the first time become members of the CMC.
BEIJING, Aug. 1 (Xinhua) -- The major part of China's armed forces, Chinese People's Liberation Army (PLA), has targeted on building up a defense might capable to handle threats in multidimensional battlefields. Celebrating the PLA's 82th founding anniversary which falls on August 1, military experts told Xinhua that an ongoing significant reform inside the 2.3-million strong might will take much more attentions to modernization of the navy and air force.Among the three PLA's senior officers who were promoted to full generals on July 20, Deputy Chief of General Staff Ma Xiaotian was awarded three-star insignias on shoulder of his original Air Force blue uniform. The PLA's officers from different services used to change to the Army's green uniforms if they are promoted to positions in the PLA's four headquarters, a symbol of the Army's dominance in the PLA's construction and development. Chinese soldiers perform during a vocal concert marking the 82nd anniversary of the establishment of the Chinese People's Liberation Army (PLA), in Hefei, capital of east China's Anhui Province, Aug. 1, 2009 For example, General Liu Huaqing abandoned his white uniform as the Navy's commander after being promoted to Vice Chairman of the Central Military Commission (CMC) in 1987. General Ma is just a new symbol that the PLA's officers from navy and air force keep their original uniforms as the effort to pay more attentions to the voices from other services. In the current China's top military authority, commanders of the PLA's Navy, Air Force and the Second Artillery Corps for the first time become members of the CMC.
BEIJING, Sept. 21 (Xinhua) -- The Standing Committee of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top advisory body, held a meeting Monday to study and discuss the essence of the just-concluded Fourth Plenary Session of the 17th Central Committee of the Communist Party of China (CPC). Jia Qinglin, chairman of the CPPCC National Committee, presided over the meeting, at which Vice President Xi Jinping delivered a report on the topic. They are both members of the Standing Committee of the CPC Central Committee Political Bureau. In his opening speech, Jia highlighted the importance of the CPC Central Committee's session under the current situation as China is exerting efforts to cope with the impact of the international financial crisis in an effective way, maintaining a stable and relatively fast economic growth, striving for new victories in building an overall prosperous society, and opening up a new situation for the socialist cause with Chinese characteristics. Jia Qinglin (Front, L), chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee, and Chinese Vice President Xi Jinping (Front, R) attend the 7th Meeting of the Standing Committee of 11th CPPCC National Committee in Beijing, capital of China, on Sept. 21, 2009 He also spoke highly of a speech delivered at Sunday's ceremony to mark the 60th founding anniversary of the CPPCC by Hu Jintao, the state president and general secretary of the CPC Central Committee, who had praised the CPPCC for its important contribution and role in China's socialist revolution, construction and reform. While informing the senior advisors of the essence of the CPC Central Committee's session, Xi also told them how the Party has prepared for holding the session and drafting "The Decision of the CPC Central Committee on Major Issues on Strengthening and Improving Party Building Under the New Circumstances." The drafting of the document had been done by seeking opinions from people of all circles including members of the CPPCC, said Xi, noting that the CPC has been quite experienced as a ruling party for the past 60 years. Xi urged Party committees of all levels to well organize the study of the essence of the session and make substantial efforts to accomplish the work of Party building.
来源:资阳报