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BEIJING, Oct. 22 (Xinhua) -- Qingdao Haier Co., Ltd., a leading Chinese household electric appliance producer, announced Thursday evening that its net profit in the third quarter rose 48.88 percent year on year to 300.7 million yuan (44.03 million U.S. dollars).     Its net profit in the first three quarters increased 28.7 percent from a year earlier to 966.4 million yuan, the firm said in a statement to the Shanghai Stock Exchange.     The eastern Shandong Province-based company attributed the net profit hike to reduced inventory and improved assets quality.     Equities of the Shanghai-listed firm added 1.28 percent to 18.17 yuan per share Thursday.

HONG KONG, Dec. 6 (Xinhua) -- State Councilor Liu Yandong Sunday gave a speech ahead of the Boao Youth Forum ( Hong Kong) that opens Monday, urging young people across China to work for the Chinese nation's rejuvenation.     She said young people stand for the future and are the most creative part in a society. She hoped young people in China, including those from Hong Kong, Macao as well as the Chinese mainland and Taiwan province, can shoulder the historical responsibility and make their contributions to the great revival of the Chinese nation. Chinese State Councillor Liu Yandong delivers a speech at the 2009 BOAO Youth Forum (Hong Kong) in Hong Kong, south China, on Dec. 6, 2009    She said young people in the Hong Kong Special Administrative Region (SAR) should love the motherland and love Hong Kong, and be a united force in safeguarding national sovereignty and promoting Hong Kong's prosperity.     Liu arrived in Hong Kong Saturday to open the 5th East Asian Games.

GENEVA, Nov. 30 (Xinhua) -- China will maintain the stability of its Renminbi (RMB) exchange rate all along, which does good for the world economic recovery, Commerce Minister Chen Deming said on Monday.     China's exchange rate reform has continued smoothly, and the value of RMB has risen by some 20 percent against the U.S. dollar since 2005, Chen told reporters in Geneva, where he is attending a ministerial conference of the World Trade Organization.     Despite the impact of the global financial crisis and all kinds of other difficulties, the Chinese government has actively tried to boost domestic consumption and stimulate imports, Chen said. Visiting Chinese Commerce Minister Chen Deming attends a launching ceremony of China-Swiss joint study to examine the feasibility of a Free Trade Agreement (FTA) in Geneva, Switzerland, Nov. 30, 2009    Maintaining a relatively stable RMB exchange rate serves the need of China's economic development as well as the world's economic stability, he added.     According to the minister, China's foreign trade surplus is expected to drop by more than a third to 190 billion dollars this year from last year's 290 billion dollars.     Chen also urged the world's major reserve currencies to remain stable. He said the continuous depreciation of these currencies had caused much difficulty for the world economy, and that the attempts to transfer the difficulty to other countries are unjustifiable.

SHANGHAI, Dec. 4 (Xinhua) -- Canada would like to further economic ties with China, said visiting Canadian Prime Minister Stephen Harper here on Friday.     Harper announced the launch of four new trade offices in China by the Canadian government in cooperation with the Canadian Commercial Cooperation at a welcome banquet here Friday night. Canadian Prime Minister Stephen Harper delivers a speech at the Canada-China 100-year-trade banquet in Shanghai, east China, Dec. 4, 2009.Addressing the banquet, Harper said, this announcement is a concrete step Canada is taking toward enhancing and expanding its economic ties with China.     The new offices are in addition to the two International Trade Minister Day launched in April, said Harper, adding that "Together, they will enhance our ability to support even more commercial links in exports, investment and innovation between our two countries."     According to Harper, since 2005 alone, two-way merchandise trade between the two countries has grown steadily each year by an average of more than 14 percent. During this period, Canadian exports to China have grown by more than 3 billion dollars.     The total bilateral trade is now valued at over 53 billion dollars. China is Canada's second largest merchandise trading partner and third largest export market. Canadian Prime Minister Stephen Harper delivers a speech at the Canada-China 100-year-trade banquet in Shanghai, east China, Dec. 4, 2009Harper said, to help growing this relationship, the Canadian government has recently dedicated over a billion dollars into trade infrastructure on the pacific coast--the Asia-Pacific Gateway, which is an integrated system of ports, airports, road and rail connections that link Asia deep into the heart of the North American marketplace.     Facing the economic downturn, both Canada and China have been strong contributors to the collective efforts of the G20 to foster a genuine, global recovery, said Harper, noting that both countries need to keep voices strong and united at the G20 table.     "I look forward to welcoming President Hu to Canada next year when we host the next meeting of G20."     In June 2010, Canada will host the G8 summit in the Muskoka region of central Ontario and also co-host a G20 summit there with the Republic of Korea.     Harper also stressed the importance to remove protectionist barriers and ease trade restrictions, saying that pursuing freer trade is the most effective "antidote" to the current crisis.     By announcing Canada's second-round funding under the Asia-Pacific Partnership on Clean Development and Climate, Harper vowed to enhance energy cooperation with China.     With the second phase of projects, Canada will have invested in twenty-eight clean technology projects worldwide, including fourteen new projects in or of benefit to China, said Harper.     The welcome banquet, co-hosted by Canadian Chamber of Commerce in Shanghai and Canada-China Business Council, was held to mark the one hundredth anniversary of the launch of Canada's Trade Commissioner Service in Shanghai.

BEIJING, Dec. 27 (Xinhua) -- The State Council, China's cabinet, released a review of its legislative work in 2009 on Sunday, which gave a brief account of the role legislation has played in helping people improve their livelihoods and develop society generally.     The State Council tabled five bills for deliberation by the Standing Committee of China's top legislature and formulated 22 administrative regulations in 2009.     To safeguard people's safety and promote fitness campaign, the State Council has mapped out regulations for the implementation of China's food safety law, migrant population family planning, national fitness and lottery management, it said.     To promote legislation regarding environment protectional, energy-saving and reduction of greenhouse gas emissions, the State Council formulated regulations on recycling discarded home appliances and electronic devices, regulations on prevention of marine pollution from ships as well as safe transportation and monitoring of radioactive objects.     The State Council also submitted laws to the NPC Standing Committee to advance the development of relevant sectors. Among them were draft laws regarding diplomatic personnel, the people's armed police force, a draft revision to the Law on Guarding State Secrets, and a draft revision of China's Organic Law of Villagers' Committees.     To encourage public participation in lawmaking and improve the quality of laws, the Legislative Affairs Office of the State Council sought public submissions on 22 draft administrative regulations.     Among those laws and regulations, the draft regulation for the implementation of the Food Safety Law has attracted more than 10,000 public submissions.     The State Council has cancelled or standardized administrative charges and helped cut the expenses of enterprises amid the global economic downturn, said the review.     The State Council attached great importance to strengthening and improving macro-control policies and established legislative programs to facilitate economic development, it said.     To ensure the safety of transportation of natural resources, the State Council submitted a draft law on the protection of China's pipelines for oil and natural gas; it also formulated a regulation on the management of civil airport to standardize the construction and management of such projects.     Through enhanced supervision on administrative power, stepped-up efforts on settling administrative disputes and standardized enforcement of administrative law, the State Council helped maintain social harmony and stability, according to the review.     More than 33 percent of the cases involving administrative review were rectified, it said.     In a bid to provide guidance for local government, the office has mapped out a five-year plan on the construction of a government information network, which it says will offer strong technological support and information service for government legislative work.     More efforts have been made in studying theories and upgrading its international cooperation, said the review. In one case, for example, the office held a seminar on pension laws with German Federal Ministry of Justice from April 27 to 28 this year.

来源：资阳报