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SINGAPORE, May 15 (Xinhua) -- China Aviation Oil said on Friday that its net profit in the first quarter of this year fell by 54.6 percent on-year to 4.1 million U.S. dollars. The company said in a statement that revenue fell by 34.8 percent to 655.6 million U.S. dollars in the first quarter of 2009 over the same period last year. The company said the drop was mainly due to lower jet fuel prices in the first quarter of this year, adding that it will continue to take a cautious approach to its trading activities during the global downturn.
BEIJING, May 1 (Xinhua) -- On the occasion of the International Labor Day on Friday, Chinese Premier Wen Jiabao visited workers at a metro construction site in Beijing, extending festival greetings and encouraging them to "strengthen confidence to overcome difficulties brought about by the financial crisis and the influenza epidemic." Wen told the workers that this year is a very difficult one for China as the country is hit hard by a global financial crisis. Chinese Premier Wen Jiabao (2nd L) talks with workers as he visits a construction site of Beijing subway in Beijing, capital of China, May 1, 2009. Wen expressed his best regards to the workers here.He added the recent outbreak of H1N1 influenza epidemic (swine flu) in some countries has affected China's economic and social development. The premier said any difficulty can be overcome as long as people have firm confidence and there is strong leadership of the Chinese Communist Party and the government. Chinese Premier Wen Jiabao (2nd R) trims vegetables with a canteen worker as he visits a construction site of Beijing subway in Beijing, capital of China, May 1, 2009. Wen expressed his best regards to the workers hereArriving at the construction site of the metro route No.9 along the capital's southern fourth-ring road, Wen wished workers festival happiness and encouraged them to "care and help each other like brothers." Part of the north-south metro line is due to open within this year. "How long have you been in Beijing?" Wen asked one of the migrant workers. "Ten years," the worker replied. "Then you've already a Beijinger," Wen said. While visiting the construction site, Wen asked detailed questions about the metro construction progress. "Have your family come to Beijing for the festival?" the premier asked a worker Hui Youquan who was busy setting up a reinforcing steel and spar frame on top of the metro station. Hui said his family is still at hometown. Wen told the workers Beijing citizens would be grateful to them for the comfortable subway. He also worked with workers on the spar frame. He said migrant workers have made great contribution to the country's industrialization and urbanization. "You have already become a main force of China's working class," Wen said, extending his "gratitude and respect." The premier said the Party and government have adopted a series of measures to improve migrant workers' working and living conditions, including strengthening their training, establishing a comprehensive social security system and paying great attention to their work safety. A comprehensive mechanism covering work injury, medical care and pension are being established, he said, adding that safety monitoring devices have been installed on construction sites. While helping some female workers to trim vegetables, Wen inquired about their working and living conditions. Entering a canteen, he asked chefs to pay attention to food hygiene and ensure workers to have tasty meals. Wen felt satisfied when he learned that workers could watch television, read newspapers and magazines and even practise handwriting in their spare time
BEIJING, May 14 (Xinhua) -- Chinese Vice Premier Li Keqiang on Thursday met with President of the Socialist International(SI) George Papandreou on promoting the world's sustainable development. Papandreou was leading a 15-member delegation to Beijing for a sustainable growth seminar co-sponsored by the Communist Party of China(CPC) and the SI. Li, member of the Standing Committee of the Political Bureau of the CPC Central Committee, reviewed the increasing exchanges since the CPC and the SI started their exchanges in 1982. "Jointly holding a seminar on sustainable growth signifies a positive step for both sides to deepen strategic dialogue," Li said. The seminar, scheduled for Friday, will address how to work together to deal with climate change and other environmental challenges. Li briefed Papandreou on the country's efforts to tackle the international financial crisis and seek sustainable development. Li said the CPC valued the ties with the SI and its member parties and called for increased cooperation and deeper dialogue. Papandreou said the Socialist International would like to seek more dialogue and cooperation with the CPC to promote sustainable development worldwide. Chinese Vice Premier Li Keqiang (R, front) meets with a 15-member delegation headed by President of the Socialist International (SI) George Papandreou who are here in Beijing for a sustainable growth seminar co-sponsored by the Communist Party of China (CPC) and the SI, in Beijing, China, May 14, 2009
BEIJING, May 8 (Xinhua) -- Premier Wen Jiabao on Friday visited Xiamen, a southeastern port city which faces Taiwan across the sea, urging cooperation for a win-win result for the mainland and Taiwan. With more than 3,300 Taiwan-invested companies, Xiamen, in Fujian Province, is a frontier platform for cross-Straits exchanges. While touring Chenhong Technology Company, Wen was pleased to learn the Taiwan-invested high-tech company registered a strong growth last year despite the global financial crisis. Chinese Premier Wen Jiabao (2nd L Front) smiles as he talks with clerks in the ticket hall of the Xiajin passenger transport dock in Xiamen, a coastal city in southeast China's Fujian Province, May 8, 2009. Premier Wen Jiabao made an inspection tour in Xiamen on May 8. He said the current peaceful development of cross-Strait ties had benefited both sides. "Recently, we have initiated new policies and measures to support the development of an economic zone on the western side of the Taiwan Strait. Taiwan-invested companies will have more development opportunities," Wen said. At Prima Electronics, another company with Taiwan investment, Wen was attracted by the company's slogan which urges the two sides to "join hands." Chinese Premier Wen Jiabao (C) poses for photos with tourists on the beach in Xiamen, a coastal city in southeast China's Fujian Province, May 8, 2009. Premier Wen Jiabao made an inspection tour in Xiamen on May 8."That's a very good slogan," he said. "To join hands is what the two sides must do. We welcome investment from Taiwan, because that boosts not only capital and technology exchanges, but brings people closer." At a symposium with representatives from Taiwan-invested companies in the evening, Wen asked all sides to work together and play their roles for the cross-Straits economic development and the rejuvenation of the Chinese nation.
TAIYUAN, June 13 (Xinhua) -- "Terrorists" took over part of a police school in Taiyuan, the capital of northern Shanxi Province, late Friday night, and then, they attacked a number of other important and public targets in this north China city. It ushered in a replica of antiterror battle as part of the "Great Wall-6" antiterror exercise in areas around Beijing, the national capital since last week. A spokesman of the exercise headquarters told Xinhua that the drills in Taiyuan were aimed to test the abilities of the government and antiterror forces in dealing with a large-scaled terror attack on several targets, involving many people held hostages by the terrorists.