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CAIRO, March 25 (Xinhua) -- Senior Chinese legislator Wang Zhaoguo, who is on a four-day visit to Egypt, met here Thursday with Egyptian Prime Minister Ahmed Nazif, discussing ways to strengthen strategic cooperation between the two countries.Wang, vice-chairman of the Standing Committee of the National People's Congress (NPC), China's top legislative body, led an NPC delegation to Egypt for an official goodwill visit starting from Tuesday afternoon.Wang said Egypt and China are important developing countries and the two peoples will benefit from the progress of bilateral ties."We should boost our cooperation in agriculture, culture, education, science and technology, health care and tourism in the coming years," Wang said.For his part, Nazif said Egypt has witnessed China's huge achievements through reforms and opening up and China plays an important role in world affairs."Egypt attaches great importance to the strategic cooperation with China and I hope our cooperation in various fields will bear more fruit in the future," Nazif said.Wang, who is also a member of the Political Bureau of the Central Committee of the Communist Party of China, hailed the strategic friendship between China and Egypt, noting that bilateral relationship has been developing faster in recent years under the auspices of both heads of state."The China-Egypt friendship is a good example for developing countries and South-South cooperation," Wang said.China and Egypt established strategic cooperation partnership in 2009. Bila

BEIJING, Jan. 24 (Xinhua) -- One of China's two leading State-owned shipbuilders, China Shipbuilding Industry Corporation (CSIC), said Sunday that its profit in 2009 jumped 18.5 percent to 7.39 billion yuan (1.1 billion U.S. dollars).The Beijing-based conglomerate, which consists nearly 50 industrial subsidiaries and about 30 R&D institutes in northern China, also said its operating income rose 17 percent in 2009 to 120.9 billion yuan.General manager Li Changyin said the CSIC had overcome the impact of the global financial crisis, which crippled the global sea-based trade and brought down ship orders.Li said technological innovations had enabled the CSIC to build 180,000-dwt bulkers, 320,000-dwt oil tankers, 13,000-TEU containers as well as new types of drilling platform which can be used in water depths up to 400 feet (120 meters).According to Li, CSIC had also been actively engaged in non-ship businesses including manufacturing of wind power and nuclear power equipment, accounting for 40 percent of the CSIC's business volume.Li said the CSIC profit target for 2010 was 8 billion yuan. The operating income was expected to surpass 140 billion yuan and the CSIC output in 2010 was likely to break 10 million dwt (deadweight tonnage), he added.The CSIC, which has more than 140,000 manpower, launched an initial public share offer at the Shanghai Stock Exchange in December 2009 and raised some 6.4 billion yuan.The CSIC's main shipbuilding and industrial enterprises are based in cities of Dalian, Qingdao, Tianjin, Shanhaiguan and Wuchang.The other major shipbuilding conglomerate in China -- the China State Shipbuilding Corporation (CSSC) is based in Shanghai, whose turf is mainly in eastern and southern China.

BEIJING, March 18 (Xinhua) -- U.S. Ambassador to China Jon Huntsman Thursday said the U.S.- China relationship is mature and stable enough to weather differences between the two countries.Huntsman made the remarks in his speech, "2010: The Year of Decision," at the prestigious Tsinghua University in Beijing.The ambassador thought 2010 would be "the most important year in the history of the Sino-U.S. relations," as the two sides had to take action and make real progress on pressing global challenges like economic recovery and climate change.The China-U.S relationship had a good start after President Obama took office last year.However, U.S arms sales to Taiwan and U.S leaders' meetings with the ** Lama posed problems."I've seen enough ups and downs to know that the recent turbulence we've experienced is part of a natural cycle. Our relationship is mature and stable enough to weather our differences," said Huntsman in his half-hour speech.Huntsman said he was confident the two countries would work through their differences through dialogue, and they would be able to get on with the global challenges."Together we can lay the foundation for another 30 years of economic growth and stability in our countries, and in the world," he said."I am convinced that blue skies are already on the horizon," he said.He expected the bilateral relationship would regain the "high cruising altitude" of last year by the opening of the Shanghai World Expo in May.He was also confident the two sides would make real progress on the global challenges when they met for the second round of the U.S.-China Strategic and Economic Dialogue (SED) and when Chinese President Hu Jintao visited the United States this year.

BEIJING, March 8 (Xinhua) -- The recent number of earthquakes above 7-magnitude in 2010, though slightly more than average, was still within normal scope, said the China Earthquake Administration Monday.The administration cited that the frequency of the quakes were uneven. "It is a normal phenomenan of earth movement," it said.Some panicked netizens linked the recent spate of earthquakes to Doomsday Day as depicted by Hollywood disaster film "2012" shown in 2009.China is an earthquake-prone country, witnessing a total of 145 quakes on average on the mainland each year, with 20 quakes above 5 magnitude.

TAIPEI, Feb. 15 (Xinhua) -- Taiwan leader Ma Ying-jeou said Monday that the Economic Cooperation Framework Agreement (ECFA) with the mainland is aimed to help Taiwanese people to do business and boost the island's competitiveness.Ma made the remarks in Taoyuan, a northwestern county of the island, at a gathering to mark the Chinese Spring Festival, or Lunar New Year.The ECFA is a wide-ranging economic pact for further normalizing trade and investment ties across the Taiwan Strait, which Ma hopes to sign with the mainland this year to help fuel Taiwan's economic revival.Tariff reduction would promote the sales of goods from Taiwan to the mainland, which will benefit both the Taiwanese businesses and the foreign-funded businesses in Taiwan, Ma said.This will help Taiwan to introduce more foreign investment and grant the island an opportunity to become a hub of economy and trade in the Asia-Pacific region, he said.As the mainland is Taiwan's biggest trade partner, the pact will certainly do more good than harm, Ma said.Ma also attended an ancestor worship ceremony in Majiazhuang, Miaoli County on Monday and said that the ancestors of him and local residents moved from Fufengtang, northwest China's Shaanxi Province, to the island some 2,000 years ago.He also spoke optimistically of the economy situation and expected an economic growth of 4 percent in Taiwan this year.