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HEFEI, Sept. 4 (Xinhua) -- China's top 500 enterprises reported smaller revenue gaps with their U.S. counterparts, while outperforming their worldwide competitors in profitability amid the nation's rapid economic recovery, an industrial ranking report showed Saturday.China's top 500 enterprises chalked up 4.05 trillion U.S. dollars in operating revenues last year, equivalent to about 18 percent of the operating revenue total created by the world's top 500 companies in the same year, and the ratio was 2.62 percentage points lower than the figure recorded for the year earlier, according to a report released Saturday in Hefei, capital of east China's Anhui Province, by the China Enterprise Confederation (CEC) and China Enterprise Directors Association.The average profit margin of China's top 500 enterprises was 5.44 percent in 2009, compared with 4.16 percent for the world's top 500 companies.Further, the net profits of the Chinese heavyweights grew by more than 20 percent last year, faster than the 17 percent for the world's top 500. It was the second consecutive year that Chinese enterprises outshone theirforeign counterparts in annual profits.Miao Rong, researcher with CEC, said despite the progress, China's top 500 enterprises obviously suffered from the impact of the global financial crisis as they reported slower growth in new employment and business revenues.However, unlike the world's top 500 companies, most of which are service and high tech giants, a lion's share of China's top 500 businesses are traditional industrial enterprises in the fields of energy development, telecommunications and power generation, Miao noted."It is a tough job, in the short-term, to make Chinese corporations catch up with their foreign counterparts in terms of 'soft power' , such as the capability of resource integration, management expertise, brand building and intellectual property protection," he added.Sinopec, Asia's leading refinery, topped the top 500 revenue list for the fifth consecutive year with 1.39 trillion yuan (about 204.41 billion U.S. dollars) in 2009. It was followed by the State Grid and PetroChina.Also, private businesses were growing rapidly as five companies reported operating revenues exceeding 100 billion yuan. Huawei Technology Co Ltd, a telecommunication equipment producer, recently leaped into the world's top 500 enterprises club.

BRUSSELS, Oct. 5 (Xinhua) -- Premier Wen Jiabao reaffirmed Chinese positions and perspectives on issues such as strengthening global financial and economic regulation and promoting sustainable development at the eighth Asia-Europe Meeting (ASEM) held here on Monday and Tuesday.Wen said currently the world economy sees slow recovery but still faces great uncertainty.All countries should continue to prioritize consolidating the momentum of the economic recovery and maintain proper macroeconomic policies. They should also take prudent and sound approach to decide when and how fast they should apply the exit policy, Wen said.The ASEM members should enhance cooperation to strengthen global financial and economic regulation, tackle the root cause of the international financial and economic crisis and promote the vigorous, sustainable and balanced growth of the world economy.China will continue to support the European countries beset with the sovereign debt crisis and help them overcome the difficulties, the premier said.Wen said the Chinese government has always paid great attention to the global warming issue.Under the extremely difficult circumstances of the global financial crisis, the Chinese government is still working hard and this year China is expected to fulfill the basic target of reducing energy consumption per unit of gross domestic product, he said.China is willing to continue to provide support in its capacity for other developing countries on fighting global warming within the frameworks of South-South cooperation and bilateral cooperation, he said.Beijing will, as always, play a positive and constructive role to work together with other countries for comprehensive, balanced and binding results at a major conference on climate change scheduled for later this year in Cancun, Mexico, Wen said.The premier said currently global issues such as energy and food security, natural disaster, terrorism and piracy pose a serious threat to the economic development and social stability in Asia and Europe.Countries should join hands to tackle food security, a pressing task that needed to be solved as a top priority, Wen said.Therefore, Wen said, countries should make every effort to raise grain production, which was the key to solving food security, strengthen agricultural policy coordination, consistently improve agricultural products trade environment, actively push forward exchange and cooperation in agricultural science and technology, try hard to boost the capability in preventing and fighting natural disasters and enhance food assistance to developing countries that suffer from food shortage.

BEIJING, Sept. 9 (Xinhua) -- Chinese President Hu Jintao on Thursday, the eve of Teachers' Day, called on teachers to embrace reform and innovation in teaching and enhance teaching standards.Hu made the call during a visit to the Renmin University of China in Beijing and its affiliated high school.During his visit to the school campuses, Hu held cordial talks with students, watched performances staged by students taking arts classes, and conveyed festival greetings to the teaching faculties.At the high school, Hu urged school authorities to respect students' individuality, tap their potentials, and help students improve their overall competence.At a lecture hall of the university, he called on university professors to be more productive in their scientific research so as to provide more reference for the government in decision-making.Hu also urged the university administration and teaching faculty to promote glorious university traditions, embrace reform and innovation, and improve its education quality.After the tour to the university, Hu met national model teachers and teachers who made outstanding contributions during the country's earthquake-relief work.He called on the country's teachers to learn from the model teachers, cultivate noble virtues, improve their professional standards and make greater contributions to the scientific development of the country's educational cause.

BEIJING, Nov. 1 (Xinhua) -- China and Turkey voiced commitment here on Monday to make joint efforts to crack down on terrorism and separatism."China would stay firm on safeguarding its national interests relating to the national sovereignty and territorial integrity," said Chinese Vice President Xi Jinping.Xi made the remarks in his meeting with visiting Turkish Foreign Minister Ahmet Davutoglu, according to a press release from Chinese Foreign Ministry.Xi also expressed his appreciation during the meeting for Turkey's support of China's efforts to combat the "East Turkistan" terrorist forces that threaten to sabotage China's unity.The "East Turkistan" terrorist forces pose threats to the development and stability of northwest China, Xi told Davutoglu, noting that China wants to step up cooperation with Turkey in this regard.A bomb attack on Aug. 19 in Aksu City in China's Xinjiang Uygur Autonomous Region left eight people dead, including the two attackers, and 15 others injured.Chinese authorities believe the "three forces," an umbrella category for separatists, extremists and terrorists, are responsible for the attacks.Xinjiang -- with 41.5 percent of its population Uygurs, a large Muslim Chinese ethnic group -- is China's frontline against terrorism. The region borders eight central and west Asian countries, many of which have been attacked by terrorist and extremist militant groups.Echoing Xi's views, Davutoglu said Turkey values its ties with China and would unswervingly uphold the one-China policy and crack down on any activities in Turkey that aim to sabotage China's sovereignty and threaten its territorial integrity.The two sides also hailed progress made on bilateral relations, according to the press release, pledging to intensify high level political exchange, expand economic and trade cooperation and strengthen coordination on regional and international issues in an effort to safeguard the interests of the developing countries.Davutoglu's China visit was at the invitation of his Chinese counterpart Yang Jiechi.

THATTA, Pakistan, Aug. 29 (Xinhua) -- Pakistani Interior Minister Rehman Malik on Sunday visited a mobile hospital set up by a Chinese search and rescue team in south Pakistan's Thatta, commending China's relief efforts for flood victims.The 55-member Chinese rescue team have set up tents and a mobile hospital at Thatta police headquarters late Saturday to provide medical services to the flood victims after they arrived at the district, about 100 km northeast of Karachi, Sindh Province.Thatta is now the worst flood-hit district where hundreds of thousands of people have been affected. China is the first foreign country to have sent a relief team to this region."They are working for humanity of the people who are suffering water-borne diseases...That is what we require now," Malik told Xinhua with reference to the team members who are mostly experienced doctors and nurses."They have very good medical facilities and good doctors. I think that is the best China could do," Malik said."China is always the truest and good friend (of Pakistan), and I always say 'Long live the Pakistan-China friendship'," he said.China has provided a total of 120 million yuan (17.7 million U.S. dollars) worth of humanitarian supplies to Pakistan in three batches.