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BRUSSELS, Oct. 6 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday urged European political and business leaders not to join the "chorus" on pressuring China on the appreciation of the Renminbi, or RMB.China's trade surplus was explained by the specific structures of the economies involved in international trade instead of the exchange rate of the RMB, Wen said at the Sixth China-EU Business Summit here."The (past) appreciations of the RMB did not lead to any changes in the trend (of China recording trade surplus)," Wen said, referring to the fact that China continued to record trade surpluses after it initiated an exchange rate reform in 1994 although the RMB has appreciated by an accumulated 55 percent since then. Chinese Premier Wen Jiabao addresses the 6th China-European Union Business Summit in Brussels, capital of Belgium, Oct. 6, 2010.China also continued to record trade surpluses against the United States after it initiated a second exchange rate reform in 2005 to allow the RMB to appreciate 22 percent against the U.S. dollar since then, Wen said."The trade issue should not be politicized. It is an issue of the (trade) structure," the premier said.Chinese enterprises were still mostly at the lower end of the global industry chain. China has a surplus in commodity trade but deficits in the trade of services. It has surpluses against the United States and the European Union but deficits against South Korea, Japan and the Association of Southeast Asian Nations (ASEAN), Wen said.

PYONGYANG, Oct. 10 (Xinhua) -- Zhou Yongkang, a senior official of the Communist Party of China (CPC), attended a grand evening gala held to celebrate the 65th anniversary of the Workers' Party of Korea (WPK) on Sunday evening.Zhou, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, secretary of the CPC Central Commission of Political and Legal Affairs, was on a three-day official visit to the Democratic People's Republic of Korea (DPRK).Zhou watched the performance on the Kim Il Sung Square with Kim Jong Il, top leader of the DPRK and other leaders of the DPRK's party and government.Kim Jong Il (3rd R), top leader of the Democratic People's Republic of Korea (DPRK), and Zhou Yongkang (2nd R), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Political and Legislative Affairs Committee of the CPC Central Committee, watch a grand evening gala held to celebrate the 65th anniversary of the founding of the Workers' Party of Korea (WPK) on the Kim Il Sung Square in Pyongyang, capital of the DPRK, Oct. 10, 2010.There were nearly 100,000 Pyongyang citizens in traditional costumes forming various phalanxes.The performance, which was divided into three parts, showcased, through grand and splendid group dances, the development history of the WPK under the leadership of President Kim Il Sung and General Secretary Kim Jong Il and the DPRK's achievements in economic construction and improving people's living standards in recent years.Zhou arrived here Saturday for a three-day official visit.

TAIYUAN, Sept. 16 (Xinhua) -- China will flex its muscles to boost the low-carbon economy and green industry, in a bid to help upgrade the development mode of exports, said a senior government official Thursday.Gao Hucheng, Vice Minister of Commerce, said at an energy forum in Taiyuan, capital of Shanxi Province, that China has risen to become one of the world's largest exporters, though it is not a strong exporter yet, remaining at the low end of the global value chain.China's exports leaped in recent decades, mainly dependent upon low labor costs and sales of energy and resources.Further, China needs to put more efforts into producing high-end products and improving their quality through low-carbon and green technologies to expand the share of green products in exports, he said.The global financial crisis hurt the world economy and promoted nations to look to green industry for new growth, he said, and adding strategic new industries could be "a new growth point" for China's foreign trade.China would encourage major products, technologies and services in new energy and energy-saving sectors to tap the global market and support enterprises to invest abroad, Gao said, without giving details.Further, he said there was "no land boundary" in terms of low-carbon and green technology and expected international cooperation in this field.China was opposed to protectionist measures in any form, he added.

BEIJING, Aug. 29 (Xinhua) -- China National Chemical Engineering Co., Ltd. (CNCEC), one of the country's leading engineering, procurement and construction firms, said its net profit for the first six months of 2010 grew by 58.61 percent.Net profits totaled 653 million yuan (96 million U.S. dollars) while earnings per share stood at 0.13 yuan, up 20.37 percent from one year earlier, the company said in a statement filed with the Shanghai Stock Exchange late Sunday.CNCEC said its revenues during the first half of this year were valued at 14.57 billion yuan, among which project construction contracts accounted for 13.03 billion yuan, up 15.97 percent from one year earlier.The Beijing-based company has also made progress in overseas markets where revenues increased by 63.53 percent to nearly three billion yuan, while domestic revenues grew by 8.54 percent to 11.5 billion yuan, according to the statement.CNCEC attributed its strong performance to collective material purchasing, improved outsourcing and investment management, continuously reduced project costs and an effective human resources incentive mechanism.

XICHANG, Sichuan, Sept. 5 (Xinhua) -- China successfully launched the "SinoSat-6" satellite for radio and television live broadcast at 12:14 a.m.Sunday from the Xichang Satellite Launch Center in southwest China's Sichuan Province.The satellite was carried on the Long March 3B rocket which took the SinoSat-6 into a geostationary transfer orbit 26 minutes after the launch.In the following days, Xi'an Satellite Control Center and Yuanwang tracking ship will manipulate the satellite's position and transfer it to enter the geostationary orbit.SinoSat-6 has a designed lifespan of 15 years and will eventually work at longitude 126.4 degrees east about 35,700 kilometers above the equator, said the China Aerospace Science and Technology Corporation (CASTC), the satellite's researcher and producer.It will mainly serve for relaying TV and radio live broadcast signals and will greatly improve cultural life for people living in remote and mountainous regions, according to China Satellite Communications Corporation which will operate the satellite.China has launched the first SinoSat series satellite, SinoSat-1, in 1998. The SinoSat-2 was launched in 2006 but malfuctioned for it failed to deploy its solar panels and communication antennae.SinoSat-6 will serve as a substitute for SinoSat-3 which was launched on June 1, 2007, according to the China Aerospace Science and Technology Corporation.