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BEIJING, May 19 (Xinhua) -- China's centrally-administered state-owned enterprises (SOEs) raked in a combined profit of 325.99 billion yuan (47.7 billion U.S. dollars) in the first four months of the year, the industry authorities announced here Wednesday.The profit figure in the January-April period represents 81.7 percent growth year on year, the State-Owned Assets Supervision and Administration Commission (SASAC) said in a statement on its website.Centrally controlled SOE's combined operating revenue hit 4.89 trillion yuan in the period, up 50.4 percent year on year, the statement said.While the statement did not specify the reasons for the profit and revenue increases, experts from the SASAC research center attributed the surge to last year's low comparison basis when Chinese firms were hit hard by the global economic downturn.There are currently 126 centrally-administered SOEs under the SASAC.
WASHINGTON, April 12 (Xinhua) -- Chinese President Hu Jintao and his U.S. counterpart, Barack Obama, met here Monday to discuss bilateral relations, the Iranian nuclear issue and other matters of common concern.The two presidents exchanged views on bilateral relations and major global and regional issues of common interests, and reached important agreement, Ma Zhaoxu, spokesman of the Chinese delegation, said.Both sides believed that a good China-U.S. relationship serves the common interests of the two countries and contributes to world peace, stability and prosperity, Ma said.Chinese President Hu Jintao (L) meets with U.S. President Barack Obama in Washington April 12, 2010. President Hu Jintao arrived in Washington on Monday to attend the Nuclear Security Summit slated for April 12-13.During the meeting, Hu said China and the United States should properly solve their economic and trade rifts through consultations on an equal footing and jointly uphold the larger interests of China-U.S. economic cooperation and trade.He also said the sound and stable development of China-U.S. economic and trade ties is good for China, for the United States and for the world economic development.On the Iranian nuclear issue, Hu said China hopes various parties will continue to step up diplomatic efforts and actively seek effective ways to resolve it through dialogue and negotiations.China and the United States have the same overall goal on the Iranian nuclear issue, he said.
XIANGNING, Shanxi, April 5 (Xinhua) –- Nine miners trapped under the flooded Wangjialing coal mine in north China's Shanxi Province were taken out of the shaft Monday morning miraculously to safety, after 179 hours underground.The survivors were immediately sent to a nearby hospital for medical treatment. Their blood pressure and heart rates remained normal after having being trapped in the shaft for one week.One of the survivors, named Li Guoyu, 38, had a lucid mind and told doctors that he comes from central China's Henan Province. The identities of eight other workers were not readily available yet.A rescued miner is taken to a hospital in Xiangning County, north China's Shanxi Province, April 5, 2010. Nine survivors were rescured out of the flooded Wangjialing Coal Mine and they were identified Monday morning. Rescue for other trapped miners at flooded Wangjialing coal mine is continuingLi said they had been unable to pass urine for two days, because they dared not drink the murky water flowing in the tunnel.A total of 144 other fellow miners remain trapped, but rescue workers heard banging on the metal pipe, indicating further signs of life.Thousands of people kept standing along the road at midnight and burst into applause when the ambulances carrying the survivors passed by.
SIRTE, Libya, March 27 (Xinhua) -- Chinese special envoy to the Middle East Wu Sike will convey on Saturday a message from President Hu Jintao to the Arab leaders during their 22nd summit billed "Summit of supporting Jerusalem' Steadfastness," kicked off today in the Libyan city of Sirte.In an exclusive interview with Xinhua News Agency, Wu said he came to the Arab summit, carrying a message from Chinese President Hu Jintao to the Arab leaders, extending congratulations on the occasion of the summit.China is paying much attention to the promotion of relations with the Arab world, Wu said, adding that China appreciates and supports the Arab efforts aiming to enhance cooperation and solidarity between the two sides.Speaking of the Chinese position towards the Israeli practices in the occupied lands, Wu said that China supports the Arab endeavors aiming to reach peace.The Chinese stance is cut-clear in this regard, Wu stressed, noting that China supports reaching a solution to the issue, based on international legitimacy resolutions, which state that Israel has no rights to impose any changes on lands occupied in 1967.Wu also pointed to China's long-standing position calling for the establishment of a sovereign Palestinian state and for peaceful coexistence between Israel and the Palestinians, saying this is China's permanent position which it will adhere to in all international forums.About China's vision towards the Israeli settlement activity, Wu said China categorically rejects the settlement activities in the occupied lands.During contacts with Israel, China showed commitment to this stance, to the importance of stopping the settlement activities, and to creating favorable circumstances for talks, Wu noted, saying that his attendance of the Arab summit comes within China's support for the Arabs, and to coordinate stances between the two sides.As for the Arab-Chinese Cooperation Forum, due to be held this May in China, Wu said that China and the Arab world are bound with favorable political ties and expanded, intensive economic cooperation.In the light of the global economic crisis, the strengthening of Chinese-Arab cooperation is of high importance.Over the past six years following the establishment of China- Arab Cooperation Forum, bilateral relations have seen tangible development, Wu said.The fourth session of the China-Arab Cooperation Forum, slated for May 13-14, will see an assessment of the Arab-Chinese cooperation over the past six years and means to push this cooperation forward in the future.China is represented by a delegation at the 22nd Arab summit, entitled "Summit of Supporting Jerusalem's Steadfastness," as an observer.