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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.

BEIJING, June 27 (Xinhua) -- Chinese Vice President Xi Jinping said Sunday that China encouraged women employed in science and technology to contribute more to the country's modernization, social progress and the rejuvenation of the Chinese people.Xi made the remarks in his address at the opening ceremony of the 4th General Assembly and International Conference of the Third World Organization for Women in Science (TWOWS), which opened in Beijing on Sunday.Established in 1989, the TWOWS is the first international forum bringing together women scientists from the South with the objective of strengthening their role in the development process and promoting their representation in scientific and technological leadership.In implementing the programs for mid- and long-term scientific and technological development, as well as human resource development, China would work to build a large, high-quality force of women working in science and technology, Xi said.As the world's largest developing country, China maintains to its basic state policy of promoting gender equality and attaches importance to creating more opportunities for the fostering and career development of Chinese women in science, he said,"Two-fifths of China's 35 million scientific and technologic personnel,and one-third of those personnel in senior professional ranks, are women," Xi noted.

BEIJING, June 14 (Xinhua) -- Chinese Vice President Xi Jinping left Beijing Monday morning for official visits to Bangladesh, Laos, New Zealand and Australia.Xi was invited by Bangladeshi Prime Minister Sheikh Hasina Wajed, Laotian Vice President Bounnang Vorachit, New Zealand Prime Minister John Key, and Australian Prime Minister Kevin Rudd.It's the first visit of a Chinese vice president to the four states.

BEIJING, June 18 (Xinhua) -- A senior Chinese government official has called for more efforts to promote increased awareness about energy-savings among the public and increase investments into research for energy-saving technologies.Vice Premier Li Keqiang made the remark in his letter to sponsors of China's 20th national energy-saving publicity week (June 12 to June 18) that ended on Friday.Various campaigns and promotional activities were held during the week to increase awareness about conserving energy among all communities and also promote energy-saving practices, Li said in the letter.Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said government should put more investment into research for energy-saving technologies.Additionally, long-term mechanisms for energy-savings should be established so that the 11th Five-Year Plan energy-saving goals could be realized, Li said.China seeks to reduce energy consumption per unit of gross domestic product (GDP) by 20 percent in 2010 compared to 2005 levels, according to the country's 11th five-year plan (2006-2010).The 20th national energy-saving publicity week was sponsored by the National Development and Reform Commission and 13 other government agencies.

BEIJING, Aug. 7 (Xinhua) -- The All-China Journalists Association (ACJA) voiced its support on Saturday for journalists' rights of supervision after a reporter was beaten when attempting to interview a stand-up comedian."It is imperative to safeguard journalists' legitimate rights to interview and stop any misconduct that interferes with journalists' legitimate interviews," read a brief announcement posted on the ACJA's website."To have supervision in accordance with the law is the legitimate rights of news organizations," it added.The move came after Zhou Wenfu, a Beijing Television (BTV) reporter, was repeatedly punched Sunday when attempting to interview Guo Degang, China's most famous stand-up comedian at his villa, according to clips of the beating that have been widely circulated on the Internet and broadcast on BTV.Zhou was trying to verify reports that Guo had illegally extended his property onto the public green space.