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TASHKENT, June 11 (Xinhua) -- The Shanghai Cooperation Organization (SCO) 10th annual summit ended here Friday with a declaration pledging to build an effective and open multilateral organization dedicated to regional peace, stability and prosperity.REGIONAL PEACE, STABILITY, PROSPERITYParticipants from the six SCO member countries -- China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan -- discussed key regional and global issues at the gathering.The declaration pledged to strengthen mutual support on issues relating to each other's core interests, boost cooperation in the combat against terrorism, separatism and extremism and other destabilizing factors, enhance cooperation in overcoming the aftermath of the global financial crisis and develop infrastructure in the region.The SCO had developed into a highly efficient and open multilateral organization and was an important factor in international and regional security and cooperation structures, the declaration said.The organization will stick to its practice of shunning ideological means, cliquing or confrontation in efforts to settle major problems emerging in the process of international and regional development.

HONG KONG, Aug. 22 (Xinhua) -- China Construction Bank (CCB), the country's second largest bank, said Sunday its net profit in the first half of this year jumped 27 percent to reach 70.78 billion yuan (10.4 billion U.S. dollars) from a year earlier and its non-performing loan (NPL) ratio dropped to 1.22 percent.In a filing to the Hong Kong stock exchange, CCB said its profit before tax amounted to 92.19 billion yuan, up 27.2 percent year on year.RAPID GROWTH IN H1Key contributors to the rapid year-on-year growth of net profit were increased credit supply, service and product innovation, and decreased impairment losses, according to the statement.Regarding credit supply, the bank said its average balance of interest-bearing assets rose by 18.26 percent in the first half, prompting net interest income to surge by 15.33 billion yuan, or 15 percent.On service and product innovation, CCB said net fee and commission income rose by 10.22 billion yuan, or 43.63 percent year on year, as a result of sustained rapid expansion of fee-based business.The Beijing-based lender also said its impairment losses fell by 2.995 billion yuan, or 23.36 percent, due to price rally in foreign currency debt securities with the improving market.CCB President Zhang Jianguo said in the statement that there were signs of recovery in developed economies and robust growth of emerging economies against the backdrop of a gradually warming-up global economy in the first half.China has sustained rapid economic growth, thanks to the government's ongoing stimulation of domestic demand, he said. Foreign trade has gradually improved, while investment and consumption spending have continued to expand at a fast pace, and China's overall financial market performed steadily in the first half.Amid the European sovereign debt crisis and the Chinese government's macro-control policies in the property sector, domestic capital and property markets have undergone noticeable adjustments and are experiencing increasing uncertainties about the future market direction, he said.According to the statement, CCB's net interest income was 117.8 billion yuan, an increase of 15.33 billion, or 14.96 percent year on year.But compared to the same period of 2009, CCB's net interest spread for the first half of this year had dropped by two basis points to 2.32 percent, largely because the yield of interest- bearing assets decreased more than the cost of interest-bearing liabilities, it said.In the first half, CCB's interest income surged by 11.22 billion yuan, or 6.66 percent year on year to 179.65 billion yuan. While the interest expense was 61.85 billion yuan, a year-on-year decrease of 4.12 billion yuan, or 6.24 percent.The bank said its credit asset quality had steadily improved, with non-performing loans standing at 65.17 billion yuan by the end of June this year, a decrease of nearly 7 billion yuan over the end of 2009.

GENEVA, June 14 (Xinhua) -- A senior Chinese official on Monday called for continued international cooperation in tackling unemployment and other social problems caused by the global financial crisis."The international financial crisis is still ongoing, and in particular jobs recovery in many countries lag far behind their economic recovery," said Wang Xiaochu, deputy minister of human resources and social security."As the destiny of countries is interconnected in this world, we need to work together like passengers in the same boat to overcome the impact of the crisis, strive to build a global environment that is more fair and equitable, and achieve as quickly as possible recovery and inclusive growth through decent work," Wang said.The official was addressing a high-level session of the 99th International Labor Conference, which lasts from June 1 to June 18 focusing on global employment issues following the economic crisis.Wang said the Chinese government had adopted a host of measures aimed at promoting a more active employment policy and improving the social security system, as part of the country's efforts to implement the International Labor Organization's Global Jobs Pact.He said those measures had been successful. "By the end of 2009, the most difficult period for employment in China was over. Some 11.02 million new jobs had been created in urban areas in the whole year.""The employment situation for the youth is better than previous years. Businesses cut fewer jobs than before with growing demand for workers, and the total size of the rural migrant workers increased by 4.92 million," he added.

BEIJING, June 12 (Xinhua)-- The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year on year to 8.13 billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Saturday.The figure brought the country's FDI to 38.92 billion U.S. dollars in the first five months, an increase of 14.31 percent from a year earlier.Yao said that in the first five months, FDI mainly flowed into the manufacturing sector, accounting for 47.32 percent of the total, despite a fall of 3.85 percent in the amount.The service sector saw actual inflow of the FDI up 32.05 percent from a year earlier, while FDI in the primary sector, including farming, fishery and forestry, rose 85.49 percent year on year, which accounted for 1.63 percent of the total FDI in the first five months.China approved the establishment of 9,638 overseas-funded ventures in the first five months, up 22.15 percent from the same period of last year.In May alone, the government approved 2,132 such companies, representing a year-on-year increase of 29.29 percent.

BEIJING, July 25 (Xinhua) -- A swollen subtributary of the Yangtze River has sent a deluge to Danjiangkou Reservoir, a major reservoir in central China's Henan and Hubei provinces, the state flood control agency said Sunday.The water level of the Danjiang River, a tributary of the Hanjiang River, rose to 217.59 meters Saturday afternoon, with a water flow of 10,000 cubic meters per second, the highest since 1953, said a statement of the State Flood Control and Drought Relief Headquarters.Hanjiang River is the second largest tributary of the Yangtze River, China's biggest river.Flood gushed into the Danjiangkou Reservoir, at the confluence of the Danjiang and Hanjiang rivers, 34,100 cubic meters a second early Sunday, the second biggest deluge since the reservoir was built in 1968.Liu Ning, vice minister of water resources and secretary general of the State Flood Control and Drought Relief Headquarters, said Sunday that local authority should closely monitor the weather, and step up monitoring efforts against potential flood risks.Premier Wen Jiabao has ordered local governments to adopt scientific measures to prepare well for "more serious floods and disasters" as some of the country's major rivers surpassed their warning levels.Wen said China was at a "crucial stage" for flood control during an inspection tour in Hubei Province that began July 23.

来源：资阳报