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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.
BEIJING, Aug. 23 (Xinhua) -- Chinese Vice President Xi Jinping has called for more efforts to promote the building of Communist Party of China (CPC) organizations at grassroots level and in non-public-owned enterprises. Xi, also a Standing Committee member of the Political Bureau of the CPC Central Committee, made the remarks during his inspection tour in Beijing on Monday.The Party organizations and the Party members should be given full play to promote the core business of the enterprises, Xi said. Chinese Vice President Xi Jinping (R, front), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, shakes hands with a foreign employee during his inspection in the Financial Street in Beijing, capital of China, Aug. 23, 2010. Xi Jinping made an inspection tour in Beijing on Monday.Xi also noted the working methods of Party building should be improved by both maintaining the fine tradition and continuing reforms and innovation to suit the current new situation of diversified social organizations, increasing migrant populations and widespread information networking.Xi urged the deepening of the reforms of the Party personnel system to improve the Party personnel management and optimize its human resources, and to promote the willingness, courage and competence among Party cadres.During his inspection tour, Xi visited Zhongguancun district, the hi-tech center in Beijing, and the Beijing Financial Street, the city's financial hub.Xi also took a trip on the city's subway to review the planning, construction and operation of the subway.He called for efforts to build Beijing into an attraction for renowned international enterprises and international talents as well as a city with advanced socialist culture and harmonious livings.

LHASA, June 9 (Xinhua) - The 11th Panchen Lama urged students in Lhasa to study hard on Wednesday during a roundtable held at the University of Tibet, an initiative the 20-year-old Tibetan Buddhism leader proposed during his visit to Tibet."Life is too short. So you should seize every opportunity to study, to learn knowledge, and then you will succeed," the bespectacled, maroon-robed Panchen Lama said while speaking before nearly one hundred students in the university's assembly hall. The 11th Panchen Lama (C) is welcomed by Professor Ceyang (L) of Tibet University in Lhasa, capital of southwest China's Tibet Autonomous Region, June 9, 2010. The 11th Panchen Lama visited Tibet University and Tibet College of Tibetan Medicine in Lhasa on Wednesday."A man without knowledge is a man without soul," he said. "The more knowledge you acquire, the more you will know there is still a lot to learn."The 11th Panchen Lama, who was enthroned as the reincarnation of the 10th Panchen Lama in 1995, said he has been studying hard to learn Buddhism and other subjects since he was six.
GUANGZHOU, Aug. 4 (Xinhua) -- Tap water supply was resumed Wednesday in a south China town after a manganese contamination had led to drinking water shortage for 13,000 people since Monday.Local authorities in Lufeng City, Guangdong Provinceon Wednesday installed three temporary pipes to be connected to another local tap water plant that was not affected by manganese, amid efforts to ease drinking water shortage for residents.The city government said the manganese level in the contaminated tap water provided by a local supplier in Da'an town was 1.2 mg per liter since Monday, 12 times the maximum amount allowed in drinking water.The cause of the contamination was still under investigation and environment specialists from Lufeng City were in town to conduct further analysis, said Huang Xianjia, a city government spokesman.According to the safety standards for drinking water, jointly issued by the Ministry of Health and the Standardization Administration in 2007, the maximum manganese level allowed is 0.1 mg in every liter of drinking water.Huang said the contamination was "not serious." "Tap water still appears clear with no odor. It's safe for washing and bathing."But a resident surnamed Wang showed reporters two pails of water he stored on Monday. Dark sediment was seen clearly on the bottom of the pails."It takes time for the mineral to settle and become visible," said Wang.Wang and his neighbors have joined a rush for spring water in mountains near their homes. "Many families have bought new pails. Some carry water on motorbikes while others use shoulder poles," he said.
BEIJING, Aug. 15 (Xinhua) -- The Agricultural Bank of China (ABC), one of China's "big four" state-owned commercial banks, won the title for the world's largest initial public offering (IPO) after selling another 3.34 billion shares at its IPO price of 2.68 yuan per share.The ABC said in a statement at the Shanghai Stock Exchange Sunday that it raised an additional 8.94 billion yuan (1.31 billion U.S. dollars) after fully exercising the over-allotment option of its Shanghai share offering. The bank has now raised 22.1 billion U.S. dollars.The previous record was set by the Industrial and Commercial Bank of China, which raised a record 21.9 billion U.S. dollars in its IPO in 2006.ABC shares rose 0.37 percent to 2.69 yuan on the Shanghai bourse Friday.The ABC is the last of the "big four" state-owned commercial lenders to go public. The other three banks -- the Industrial and Commercial Bank of China, China Construction Bank and Bank of China, are listed on both Shanghai and Hong Kong bourses.The over-allotment, or so-called greenshoe option, allows the sale of additional shares to the public if demand is high.
来源:资阳报