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SAN FRANCISCO, April 28 (Xinhua) -- Microsoft Corp. on Thursday posted quarterly revenue and earnings that both beat analysts' expectations.In its fiscal 2011 third quarter ended on March 31, the software giant reported revenue of 16.43 billion U.S. dollars, up 13 percent from the same period a year earlier.Net income and earnings per share were 5.23 billion dollars and 61 cents, representing increases of 31 percent and 36 percent respectively year-on-year.Analysts had expected earnings of 56 cents per share on revenue of 16.19 billion dollars, according to Thomson Reuters."We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses," Peter Klein, chief financial officer at Microsoft, said in a statement."Consumers are purchasing Office 2010, Xbox and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications," he added.Revenue at four of Microsoft's five major divisions posted double-digit growth in the quarter, indicating the increase of technology spending by enterprises as well as strong demand for the company's entertainment products.The entertainment and devices division saw the biggest revenue growth of 60 percent, which according to Microsoft, were driven by strong demand for its Kinect hands-free motion control system for Xbox 360 and continued strong sales of Xbox 360 console.However, revenue for the division of the company's flagship Windows operating system dropped 4 percent in the quarter, which Microsoft said was "in line with the PC trends."The performance of the Windows division may fuel new concerns that Microsoft's dominance in software for PCs is being threatened by Apple's iPad and tablet computers running other operating systems, some analysts noted.

BEIJING, March 4 (Xinhuanet) -- Well-educated and well-paid single Chinese women were at the forefront of a boom in travel by the country's women in 2010.According to the 2010 Trend Report of Women's Travel, the amount of travel by Chinese women increased by 20 percent last year, with well-educated and well-paid single women becoming the main force in the tourism market.Travel expenditure per capita by women on the Chinese mainland was 4,300 yuan (5) in 2010, and the 20-percent year-on-year rise was much larger than the 9- percent increase for men.Qunar.com, the world's largest online travel search engine in Chinese, released the report. The Beijing-based site was launched in 2005. According to Dai Zheng, vice-president of Qunar.com, women's growing spending power has led to more of them choosing travel as a way to cosset themselves, especially well-educated and well-paid single women, who travel for relaxation and self-improvement.Zhang Jing, 31, who works for a consulting company in Shanghai and earns nearly 20,000 yuan monthly, spent 15,000 yuan on travel last year, including a trip to the Tibet autonomous region in Southwest China and another to Singapore."Travel not only releases work pressure, but also opens up my horizon on the world. I like to see and experience how others live," said Zhang, who plans to visit Thailand in May with two female friends who are both around 30 years of age."Women are active in all of our travel projects. I definitely feel that it's mostly women who are interested in our products," said Zhao Huijin, who works in the booking center of the E-commerce department of China International Travel Service (CITS).Zhao's remarks to China Daily were echoed by the report, which said more than 65 percent of decisions about travel products and travel expenditure were made by women.In addition, women tended to be more demanding of hotels, and preferred to comment and find fault with hotels. On the forum at Qunar.com, women made nearly 70 percent of the comments on hotels.Women's more active participation in travel means that when the industry's decision-makers develop new travel products they take greater note of women's views about travel.In recent years, products targeted at women have appeared, such as women's hotels, certain hotel floors especially reserved for women, and travel themed around shopping, healthcare and relaxation.Le Meridien, a five-star hotel in Xiamen, Fujian province, set up a floor tailored for women customers in July 2010.Adding to the high quality of certain facilities that women care about most, such as excellent sound insulation, the 32 suites on this floor are also equipped with products especially for women, including fresh fruits, low-calorie food, yoga mats, bath salts, facial masks and hangers for silk clothes."These rooms are warmly appreciated by ladies, and we hope to meet women customers' needs both physically and psychologically through appropriate care," said Wang Yan, assistant manager of the hotel's marketing and communication department.The report also revealed that women's choice of destination is strongly influenced by fashion. They enjoy traveling to scenic spots featured in the latest romantic movies and TV dramas.

BEIJING, March 21 (Xinhua) -- Renowned Chinese liquor producer Kweichow Moutai Co., Ltd. announced Monday its annual net profit in 2010 rose 17.13 percent year on year on strong market demand.Its net profit hit 5.05 billion yuan (769.17 million U.S. dollars), the Guizhou-based firm said in its 2010 annual report filed to Shanghai Stock Exchange.The company's annual business revenue increased 20.3 percent from one year earlier to 11.63 billion yuan while earnings per share stood at 5.35 yuan.The economic rebound accelerated the development of liquor industry despite rising raw material prices, said the report.The A-share price of the upmarket distiller opened down 0.70 percent from the previous close to 189.8 yuan Monday.

CHICAGO, Jan. 20 (Xinhua) -- Chinese President Hu Jintao arrived here on Thursday afternoon from Washington, after meetings with U.S. President Barack Obama on major bilateral and world issues.During their talks Wednesday, the two leaders agreed to build a China-U.S. cooperative partnership based on mutual respect and mutual benefit.In Chicago, Hu will meet local officials and visit a high school, Chinese officials said.Chinese President Hu Jintao (R front) meets with Mayor of Chicago Richard Daley(L front) in Chicago, the United States, Jan. 20, 2011. Hu arrived in Washington Tuesday for a four-day visit to the United States. The trip, his second as head of state, is aimed at enhancing the positive, cooperative and comprehensive relationship between China and the United States.The Chinese president visited the United States in April 2006.

NAIROBI, Feb. 23 (Xinhua) -- The East Africa Community (EAC) and the Chinese government held talks on Wednesday to explore new areas of cooperation and boost trade between both sides.A statement from the EAC Secretariat said China's Ministry of Commerce Director Department of West Asian and African Affairs Chai Zhijing held discussions with Secretary General of the East African Community Juma Mwapachu on bilateral cooperation. "The Chinese delegation were at the EAC Headquarters to explore areas of cooperation specifically trade and investment opportunities in areas such as agriculture, animal-husbandry, production and processing of mineral and other natural resources, manufacturing, commerce and logistics, and tourism," the statement said.It noted that the delegation wants to know how China could support and facilitate cross-border infrastructure projects such as transport, communication and power.The Chinese and EAC officials also discussed cooperation in human resource development and training.Speaking during the meeting, Mwapachu said the visit by the director will open further the cooperation space between China and the EAC.He said the prevalence of Chinese firms in the region was very high in the construction industry and some other infrastructural developments.He noted that Chinese companies were involved in the construction of the EAC Arusha-Namanga-Athi River Road projectThe EAC secretary general said the regional economic bloc, which comprises Kenya, Uganda, Tanzania, Rwanda and Burundi, was truly looking forward to forging a lasting relationship with China.Chai said China has very good economic and cultural relations with all the five partner states of the East African Community and that all the five states were enjoying economic stability.He said EAC had a reputable framework for integration and development for the region, adding that "these form the solid basis for establishing cooperation with the People's Republic of China."The two sides agreed to come up with a concrete framework for engaging each other in the identified areas of cooperation, within one month.