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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.

BEIJING, Aug. 1 (Xinhua) -- China's crude steel output would surely top 500 million tonnes this year, said Luo Bingsheng, vice chairman of China Iron and Steel Association (CISA) on Saturday.     In the first half, China produce 266.58 million tonnes of crude steel, up 1.23 percent over the same period last year. In June alone, the daily output was about 1.65 million tonnes on average.     Compared with an increasing production capacity, the country's steel enterprises saw declining profits and revenues in the first six months amid low steel prices resulted from weaken market demands.     According to statistics covered 71 of China's large-scale steel producers, total business revenue of them dropped 28.07 percent year on year to 955 billion yuan (139.82 billion U.S. dollars) in the first half. Profit decreased by 98.32 percent to 1.73 billion yuan.     China produced 500 million tonnes of crude steel last year, accounting for 38 percent of the world total production volume.

BEIJING, Oct. 10 (Xinhua) -- Chinese President Hu Jintao met with President Lee Myung-bak of the Republic of Korea (ROK) and Japanese Prime Minister Yukio Hatoyama here on Saturday, who are here to attend the second trilateral leaders' meeting.     Hailing the progress of China's relations with the two countries, Hu said China is ready to make joint efforts with Japan and the ROK to implement consensus, boost healthy development of China-ROK strategic cooperative partnership and China-Japan strategic mutually-beneficial ties.     The substantial cooperation between China and the two countries in various areas had been further expanded, he said.     Hu congratulated the success of the second trilateral leaders' meeting held in Beijing on Saturday, calling on the three nations to seize historical opportunities to further strengthen strategic trust, respect respective major interests and concerns, and make concerted efforts for mutual benefits and common development.     The Chinese president hopes the three countries to facilitate east Asian cooperation and jointly respond to regional hot issues and global challenges to unveil a new chapter for peace, cooperation and development of east Asia. Chinese President Hu Jintao (C) meets with South Korean President Lee Myung-bak (R) and Japanese Prime Minister Yukio Hatoyama, who are here to attend the second trilateral leaders' meeting, at the Diaoyutai State Guesthouse in Beijing, capital of China, on Oct. 10, 2009.    In response, Lee Myung-bak said the three countries had made great achievements in expanding cooperation in the past ten years. "China's economy is now stabilizing and turning for the better, which plays a positive role in promoting economic recovery of the ROK and Japan," he added.     Lee spoke highly of Hu's important speech on the UN climate change summit in New York last month, expressing appreciation over China's contribution to reopening the six-party talks and promoting a nuclear-free Korean Peninsula.     Hatoyama extended congratulations to Hu on the 60th anniversary of the founding of the People's Republic of China, adding he was glad to see China's great achievements.     He told Hu the Japanese government would like to cooperate closely with China to boost bilateral ties in a spirit of drawing lessons from history and facing up to the future.     Hatoyama also expressed satisfaction over the progress of trilateral cooperation, calling on the three sides to respect each other and share successful experience to promote greater achievement of trilateral cooperation.

SHANGHAI, Sept. 28 (Xinhua) -- China, Japan and the Republic of Korea (ROK) on Monday agreed to deepen their all-round cooperative partnership.     The agreement came at the end of a day-long foreign ministers' meeting in Shanghai, involving Chinese Foreign Minister Yang Jiechi, Japanese Foreign Minister Katsuya Okada and ROK Foreign Affairs and Trade Minister Yu Myung Hwan. The three countries will build stronger strategic mutual trust, deepen and upgrade cooperation, carry out people-to-people exchanges and promote east Asia cooperation and regional peace and development, said a statement issued after the meeting. Chinese Foreign Minister Yang Jiechi (C), Japanese Foreign Minister Katsuya Okada (R) and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan attend a press conference after their meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on Monday.    The meeting coincided with the 10th anniversary of the launch of a trilateral cooperative mechanism between China, Japan and the ROK.     The ministers reviewed and summarized the progress of trilateral cooperation, and exchanged views on commemorative events to mark the 10th anniversary and future cooperation as well as regional and international issues of common concern, according to the statement. Chinese Foreign Minister Yang Jiechi (C), Japanese Foreign Minister Katsuya Okada (1st L) and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan (1st R) arrive for a press conference after their meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on MondayThey said they were "satisfied with the trilateral cooperation progress."     For the last decade, trilateral cooperation had taken on a good momentum of development, the statement said.     The three countries put their good-neighborly friendship at the key position of their own foreign relations, the statement said, citing high-level exchanges, increased political trust and efforts to implement their cooperative action plan. Chinese Foreign Minister Yang Jiechi, Japanese Foreign Minister Katsuya Okada and Foreign Affairs and Trade Minister of the Republic of Korea (ROK) Yu Myung Hwan attend the trilateral meeting in east China's Shanghai, Sept. 28, 2009. The third trilateral meeting joined by foreign ministers of China, Japan and ROK was held in Shanghai on MondayThe countries had implemented more than 30 cooperative projects, covering politics, economics, environmental protection, science and technology, society, culture and international affairs, said the statement.     The foreign ministers also exchanged views on the second trilateral leaders' summit scheduled for Oct. 10 in Beijing.     "At a critical juncture to deal with the global economic downturn, promote recovery and boost growth, the leaders' summit will be significant to enhance political mutual trust, advance reciprocal cooperation, and promote Asian stability and development," the statement said.     The three ministers agreed to keep close communication in preparation for the leaders' summit.     The first summit between China, Japan and the ROK was held in Fukuoka, Japan, on Dec. 13, 2008.     The foreign ministers' meeting also covered the world economy and finance, northeast Asian issues, east Asian cooperation, climate change, reform of the United Nations, arms control, disarmament, and anti-proliferation.     They agreed to hold the fourth trilateral foreign ministers' meeting in the ROK next year.

PYONGYANG, Sept. 25 (Xinhua) -- Chinese living in the Democratic People's Republic of Korea (DPRK) on Friday expressed willingness to help boost bilateral ties at a reception in the Chinese embassy to Pyongyang.     The reception was held to mark the 60th anniversary of the founding of the People's Republic of China.     A powerful and prosperous motherland is a powerful backing for the Chinese in the DPRK, said Liang Zuojun, vice president of the Central Committee of the Federation of the Chinese Residing in the DPRK. Chinese Embassador Liu Xiaoming (front, R) presents a gift to an oversea Chinese teacher at a reception held by the Chinese Embassy to mark the 60th anniversary of the founding of the People's Republic of China in Pyongyang, capital of the Democratic People's Republic of Korea (DPRK), Sept. 25, 2009He said all Chinese in the DPRK will live harmoniously with local residents and make efforts for the enhancement of the China-DPRK relationship, and the construction of both countries.     Liu Xiaoming, the Chinese ambassador to the DPRK, said the Chinese in the DPRK have devoted their wisdom to the socialism construction of the DPRK, and have won the respect and praise of the DPRK government and people.     He encouraged the Chinese to continue to support the construction and reunification cause of their motherland China.