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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.

BEIJING, Sept. 9 (Xinhua) -- Senior Communist Party of China (CPC) leader Li Changchun on Thursday called on teachers to be "role models" for students and lead by example in matters of discipline and integrity.Li, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remarks when watching a performance dedicated to Teachers' Day, which falls on Friday.More than 700 teachers and students, and a dozen "model teachers" selected by Chinese netizens, joined Li to watch the performance.The Ministry of Education organized an election of "model teachers" online beginning August 8. During the month-long election, around 1.2 million people participated in the voting. A total of 33 teachers stood out among the 96 candidates, representing 31 provinces, municipalities and autonomous regions.

HONG KONG, Sept. 22 (Xinhua) -- Hong Kong stocks gained 45.12 points, or 0.21 percent to close Wednesday's trading at 22,047.71.The benchmark Hang Seng Index traded between 22,229.18 and 22, 021.6 on a turnover of 69.08 billion HK dollars (about 8.9 billion U.S. dollars).All the four sub-indices of the benchmark index landed in the positive territory, with properties advancing the most by rising 1. 2 percent.Heavyweight HSBC slid 0.49 percent to 81.1 HK dollars, extending its falling streak to the third day this week. The nation's telecom giant China Mobile gained 0.38 percent to 79.8 HK dollars. Sole market operator HK Exchange rallied 1.35 percent to 142.5 HK dollars.For financial shares, CCB, which accounts for the third largest weighting of the Hang Seng Index, went up 0.59 percent to 6.77 HK dollars. Meanwhile, the nation's largest lender by market value ICBC shed 0.17 percent to 5.84 HK dollars, Bank of China up 0.25 percent to 4.09 HK dollars and Bank of Communication down 0.36 percent to 8.4 HK dollars.The two leading mainland-based insurers went to different directions as Ping An slumped 0.6 percent to 74.4 HK dollars and China Life moved up 0.32 percent to 31.5 HK dollars.Local developers remained strong following two days of upward move. Cheung Kong, the flagship company of Hong Kong's richest man Li Ka Shing, advanced 2.11 percent to 111.5 HK dollars.Another major developer SHK rose 1.79 percent to 125.2 HK dollars and the city's main residential builder Henderson Land jumped 2.63 percent to 52.65 HK dollars. Oil shares put on mixed performances, with Sinopec up 0.91 percent to 6.67 HK dollars, PetroChina up 0.46 percent to 8.71 HK dollars and CNOOC down 1.36 percent to 14.5 HK dollars.Aside from constituents stocks, China's leading electric motor manufacturer BYD was also among the most active. Share price of the Shenzhen-based company went down 3.56 percent to 54.2 HK dollars. (7.76 HK dollars equal one U.S. dollar)

PHNOM PENH, Nov. 4 (Xinhua) -- China and Cambodia on Thursday inked 6.4-billion-U.S. dollars deals ranging from infrastructure construction to energy exploration.A total of 16 deals were signed after the hour-long talks between top Chinese legislator Wu Bangguo and Cambodian Prime Minister Hun Sen late Thursday afternoon.The package of deals covered such key areas of bilateral cooperation as infrastructure construction, water resources development, telecommunication technology and energy exploration among others. Wu Bangguo (L), chairman of the Standing Committee of the National People's Congress, China's top legislature, shakes hands with Cambodian Prime Minister Hun Sen in Phnom Penh, Cambodia, Nov. 4, 2010. China's top legislator held talks with Hun Sen in Phnom Penh on Thursday.In earlier talks, Wu, chairman of the Standing Committee of the National People's Congress (NPC), the country's top legislature, reviewed the smooth growth of China-Cambodia ties since the two countries forged diplomatic ties in 1958."Particularly in recent years, bilateral relations have developed rapidly," Wu said, highlighting strong trust, sincere cooperation and mutual support.Wu underlined China's commitment to developing ties with Cambodia, labeling the southeast Asian country as a reliable neighbor, friend and brother.Hun Sen said China's rapid growth benefited the people and helped lift the regional and world economy out of the downturn.On the economic front, Wu said growing economic cooperation would add continuous momentum to bilateral relations.