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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.
FRANKFURT, Oct. 13 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday called for enhancing cultural exchanges to boost world peace at the opening ceremony of the Frankfurt Book Fair. Xi, together with German Chancellor Angela Merkel, witnessed the opening of the 61st version of the Frankfurt Book Fair, the world's biggest annual book fair. China has been selected as the Guest of Honor for this year's fair. Chinese Vice President Xi Jinping speaks at the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. German Chancellor Angela Merkel attends the opening ceremony of the Frankfurt Book Fair.While addressing the opening ceremony, Xi said the fair not only provides a vital chance for China to appreciate the elite cultural products worldwide, but also opens a window for the people from various nations to observe Chinese culture at a shorter distance. Xi said the Chinese side will take the opportunity of serving as the Guest of Honor to introduce Chinese culture as well as its prosperous development in the publishing industry. The Chinese side will also learn from the successful experience of other countries in publishing to increase mutual communication and cooperation in this particular field, Xi said. Chinese Vice President Xi Jinping (L) talks with German Chancellor Angela Merkel when they attend the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book FairFrom Oct. 14 to Oct. 18, the Chinese side and the host will stage over 600 Guest of Honor events, aimed at showcasing Chinese culture and boosting dialogue between Chinese scholars and their foreign counterparts. Xi said China upholds the idea of building a harmonious world with sustained peace and common prosperity. Thanks to the exchanges among various cultures, people from different countries could get to know Johann Wolfgang von Goethe (1749-1832) from Germany, William Shakespeare (1564-1616) from Britain and Confucius (551 BC-479 BC) from China, Xi noted. Chinese Vice President Xi Jinping (C) attends China's presentation after the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair.Frankfurt is the hometown of Goethe, the famous German writer and poet. Cultural exchanges require understanding and respect, as well as overcoming discrimination and misunderstanding in this regard, Xi said. Cultural diversity, which is a part of human society, should be maintained to build a more colorful world instead of becoming obstacles for cultural exchanges and reasons for conflicts, Xi said. Chinese Vice President Xi Jinping (C) and German Chancellor Angela Merkel (2nd R) pose for photos while attending the opening ceremony of the Frankfurt Book Fair in Frankfurt, Germany, Oct. 13, 2009. China is the Guest of Honor for the Frankfurt Book Fair. Different cultures should learn from each other rather than reject each other, he added. Xi also warmly welcomed worldwide guests to visit the Theme Pavilion set up by the Chinese side for the book fair. Following the opening ceremony, Xi visited the Theme Pavilion and officially unveiled the hall for public tour. Arriving in Germany on Saturday morning, Xi held talks with Merkel and met with German President Horst Koehler in Berlin on Monday. On Wednesday morning, Xi will leave Germany for Bulgaria to continue the third leg of his five-nation Europe tour.
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, Aug. 14 (Xinhua) -- China would cement friendship and cooperation with the Islamic countries based on the Five Principles of Peaceful Co-existence, President Hu Jintao said Friday afternoon. China and the Islamic countries have long maintained mutual respect and trust and have shown understanding and support to each other on issues concerning the core interest of the other side, Hu told visiting Abu Dhabi's Crown Prince Mohammed bin Zayed al-Nahayan. Hu said China would like to promote dialogues and exchanges with different cultures and civilizations on the basis of the Five Principles of Peaceful Co-existence. China would cement friendship and cooperation with the Islamic countries based on the Five Principles of Peaceful Co-existence, President Hu Jintao told visiting Abu Dhabi's Crown Prince Mohammed bin Zayedal-Nahayanon, Aug. 14, 2009 Abu Dhabi is the capital of the United Arab Emirates (UAE), which is now China's second largest trading partner and important supplier of energy resources in the Arab world. China and the UAE have enjoyed political trust, mutual support and reciprocal trade cooperation since they forged diplomatic ties25 years ago, said Hu, adding they have also maintained consultations on international and regional issues. "We appreciate the UAE government for its adherence to the one-China policy, as well as its support on the Taiwan issue and the issues concerning Tibet and Xinjiang," Hu said. The president said the two countries were facing new opportunities for furthering relations, and China would work with the UAE to enhance cooperation to benefit the two countries and peoples. Chinese Premier Wen Jiabao meets with Abu Dhabi's Crown Prince Mohammed bin Zayedal-Nahayan, Aug. 14, 2009.Chinese Premier Wen Jiabao also met with the crown prince on Friday. Wen said common ground has increased between China and the UAE in coping with the global financial crisis, and both sides should take effective measures to expand cooperation in energy, trade, investment and financial fields. He said China would like to actively consult with the Gulf Cooperation Council (GCC) for early consensus on signing a free trade pact. The guest, who is making his first China tour since he became crown prince, said the UAE hoped to establish strategic cooperation with China in trade, oil and petrochemical fields. He said the July 5 riot in Xinjiang was China's internal affairs, and his country supported the Chinese government's efforts to safeguard national unity, security and stability. Friday evening, Chinese Vice President Xi Jinping and Bin Zayedal-Nahayan witnessed the signing of several cooperative agreements including one on setting up a bilateral political consultation mechanism. During their hour-long talks, Xi proposed to establish China-UAE strategic partnership in the energy field, and expand cooperation in trade, investment and infrastructure construction. "China is willing to cooperate with the UAE in gas and petrol exploration and the utilization of recycling energy," Xi said. He urged the two countries to further consolidate political trust, boost cultural and educational cooperation and facilitate the China-GCC free trade area negotiation. In response, Bin Zayed al-Nahayan told Xi his country firmly backed every measure China took to safeguard national stability and unity, and was ready to cement trade and energy cooperation with the country. Xi also thanked the UAE for its firm support on issues concerning China's core interests, and for its aid to China after the 8.0-magnitude quake last year.
BEIJING, Oct. 1 (Xinhua) -- China is to hold a National Day military and mass parade as well as an evening gala on Tian'anmen Square Thursday to mark the 60th anniversary of the founding of the People's Republic of China (PRC). Following will be highlights of the once-in-a-decade grand celebrations: -- Chinese leaders, including President Hu Jintao, will be on Tian'anmen Rostrum to observe the parade. -- President Hu is to review line-ups of the tri-service People's Liberation Army (PLA), standing in an open-top home-made Red Flag limousine. -- National flag raising ceremony will be held on Tian'anmen Square. -- Military parade is expected to involve more than 8,000 people, and a total of 52 types of new weapon systems, including the PLA's missiles, airborne early warning and control aircraft, unmanned aerial vehicles and other sophisticated military hardware, will be shown. -- Military paraders will march goose-step through the square in new-style uniforms initiated in 2007. -- Women militia soldiers in purple skirts will march goose-step through Tian'anmen Square, holding submachine guns. The formation will be led by two models who used to be good at cat walking. -- Snow Leopard armed police unit, which took charge of security of the 2008 Beijing Olympics, will be shown at the National Day parade. -- Sixteen female fighter pilots, the country's first batch, are expected to make a debut in a fly-past at the parade. -- Civilian formations will march through Tian'anmen Square, showcasing panoramic achievements China has made over the past sixdecades. The mass parade will feature dozens of floats themed with, for instance, the Beijing Olympics and the devastating Wenchuan earthquake in southwestern Sichuan last year. -- Improved relations between the mainland and Taiwan will be showcased at the parade. -- China's agriculture scientist, Yuan Longping, will wave his iconic invention of "super hybrid rice" atop of an agriculture-themed float, escorted by farmers. -- China's first astronaut Yang Liwei and first space walker Zhai Zhigang will show up on a float along with four other colleagues that have entered the space aboard Shenzhou series of spaceships since 2003. -- Hurdler Liu Xiang and diving diva Guo Jingjing will stand ona float to show the achievements in sports. Chinese athletes reaped 51 gold medals in the Beijing Olympics, ranking the first in the gold medal list. -- About 60,000 people will dance to the song "I Love China" at the grandiose National Day evening gala, showcasing the country's ethnic harmony and development. -- Fireworks, designed by renowned Chinese artist Cai Guoqiang who masterminded the firework display at the opening ceremony of the Beijing Olympic Games, will dazzle the night of the National Day. -- About 4,000 performers will form a "light cubic" formation in the center of Tian'anmen Square at the gala. They will hold bouquets and electric devices to form different light patterns to the tunes of music.