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BEIJING, June 17 (Xinhua) -- China will hold a series of activities under the title of "Chinese Culture Year" in Italy this year in a bid to advance bilateral exchanges and cooperation, a senior official of the Communist Party of China (CPC) said here Thursday.Liu Qi, member of the Political Bureau of the CPC Central Committee, said the cultural activities are to mark the 40th anniversary of the establishment of diplomatic ties between China and Italy.Liu, also secretary of the Beijing Municipal Committee of the CPC, made the remarks when meeting with Massimo D'Alema, president of the Italianieuropei Foundation and former prime minister of Italy.Liu said, the China-Italy comprehensive strategic partnership was in good shape, citing frequent high-level exchange, enhanced political mutual trust and expanding bilateral economic and trade cooperation.Trade between China and Italy had continued to grow over the years, as each side had benefitted greatly from cooperation in science, technology, environment protection, culture, education and agriculture, he said.Liu said to celebrate 40 years of official ties this year, the countries should advance cooperation and exchanges in the areas of trade, economy, science, technology, education and tourism.D'Alema expressed the wish to further expand Italy-China cooperation in all fields.

SHANGHAI, Aug. 21 (Xinhua) - Shanghai International Port Group (SIPG), China's largest commercial port and one of the country's major gateways for foreign trade, reported a 52 percent increase in profits during the first half of the year.Net profits for SIPG were 2.6 billion yuan (385 million U.S. dollars) from January to June, up 52.4 percent year on year, the company said in a statement to the Shanghai Stock Exchange on Saturday.Further, earnings per share rose 52 percent from a year earlier to 0.12 yuan, according to the statement.The company attributed the growth mainly to China's robust trade performance in the first half of the year.During the first half of 2010, China's exports rose 35.2 percent to 705.09 billion U.S. dollars while imports increased 52.7 percent to 649.79 billion U.S. dollars, according to the General Administration of Customs.SIPG shares on the Shanghai bourse closed down 0.48 percent to 4.17 yuan on Friday.

BEIJING, Aug.1 (Xinhua) -- The People's Bank of China, China's central bank, has asked its branches to effectively implement a moderately loose monetary policy in the second half of the year.The bank urged maintaining the continuity and stability of monetary policies while making them more targeted and flexible, according to a statement on the bank's website after a meeting with branch presidents.It also urged adhering to the policy of striking a balance between keeping stable and relatively fast economic growth, adjusting the economic structure and managing inflation expectations.It asked its branches to stick to its annual lending target while maintaining market liquidity at a reasonable level.Housing loan policies should be strictly implemented to ensure the stable and healthy development of China's real estate market, the statement said.h China's monetary policy should be more proactive, targeted and effective, the statement added.The central bank has set a target to keep the country's new bank lending to below 7.5-trillion-yuan (1.1 trillion U.S. dollars) in 2010.In the first half of the year, China's new yuan-denominated lending hit 4.63 trillion yuan, down 2.74 trillion yuan from the same period last year.

BEIJING, July 7 (Xinhua) -- China's Ministry of Health issued a circular Wednesday advising the nation's medical facilities to gear up for a rise in the number of people suffering from heat-stroke and other heat related ailments given the recent hot temperatures.The number of people suffering from heat-stroke and related disorders has risen sharply over the last few days, reads the circular without giving specific figures.Beijing-based Chaoyang hospital reported a significant increase of cases showing heat-induced symptoms such as dizziness, according to the Health News, the health ministry-run newspaper.The hospital has 450 such cases in emergency care each day now, compared to 360 cases just a few days ago.The ministry ordered hospitals across the nation to make sure people suffering from heat stroke get timely and proper treatment.Beijing reported an average temperature of 40.3 degrees Celsius at 4 p.m. Monday, the highest temperature in the first 10 days of July in 50 years.The capital city cooled a little bit Wednesday, and rains are expected for China eastern regions starting Thursday, offering some respite.