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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.

QINGDAO, June 30 (Xinhua) -- The spread of green algae has quickened as the temperature rises in Qingdao City of east China's Shandong Province.The area covered by green algae surged by 60 sq. km on Tuesday to 460 sq. km, according to the latest monitoring figure by the North China Sea Branch of the State Oceanic Administration released Wednesday.The surge is three times as fast as the average increase over the past four days, which was from 380 to 400 sq. km."It's getting hotter and hotter in Qingdao these days, and the green algae grows faster and faster," said Wang Zhigang, a local resident who swims in the sea every day.Sixteen to 20 degrees Celsius were the most favorable sea temperature range for growth of the algae, said Pang Shaojun, a researcher from the Institute of Oceanology under the Chinese Academy of Sciences.The air temperature in Qingdao has risen by one degree Celsius per day on average over the past five days, reaching 27 degree Celsius Wednesday, according to the city's meteorological bureau."The sea temperature has risen to 20 degrees Celsius today, and the algae will keep growing if the temperature keeps rising," Pang said.The weather report said there would be a heavy rain in Qingdao, which would lower the air temperature to 25 degrees Celsius in the next three days, which meant the sea temperature would remain in the best range for the continued spreading of the green algae.Over 6,000 people, including cleaning workers and sea police, were deployed to clean the green algae as its continuing spread might affect the local fishery and tourism industries, said Ding Shugen from the Qingdao Committee of Municipal and Rural Construction.

BEIJING, Aug. 16 (Xinhua) -- China's top legislature will discuss the constitutional reform package of Hong Kong, which refers to the amendments to the methods of selecting the city's Chief Executive and forming the Legislative Council in 2012, during a bimonthly session scheduled from Aug. 23 to 28.The draft amendments to Annexes I to the Basic Law of the Hong Kong Special Administrative Region concerning the methods for the selection of the Chief Executive was submitted to the National People's Congress (NPC) Standing Committee for approval by Hong Kong Chief Executive Donald Tsang.The draft amendments to Annexes II concerning the formation of the city's Legislative Council was submitted to the NPC Standing Committee for the record.The Legislative Council of Hong Kong passed the draft amendments in June, before Donald Tsang gave his consent to draft amendments later in the month.According to Monday's Chairmen's Council of the NPC Standing Committee, presided over by NPC Standing Committee Chairman Wu Bangguo, lawmakers will also continue to deliberate draft amendments to the law on officers in reserve service, the draft law on mediation, as well as the draft law on the application of laws to civil relationships involving foreign interests.Lawmakers will also deliberate for the first time draft amendments to the law of deputies to the NPC and local People's Congresses, draft amendments to the Criminal Law, the draft law on intangible cultural heritages, and the draft revision of the soil and water conservation law.Also on the agenda of the upcoming session are discussions of the reports on implementation of the national economic and social development plan and budgets, among others.

BEIJING, Aug. 22 (Xinhua) -- Wuhan Iron and Steel Company Ltd., the listed subsidiary of China's third largest steel maker, said Sunday that its net profit rose 90.43 percent year on year to 963.53 million yuan (141.7 million U.S. dollars) during the first half of the year as strong economic growth boosted steel demand and prices.The company's first-half-year sales reached 34.36 billion yuan, up 50.72 percent from one year earlier, it said in a statement delivered to the Shanghai Stock Exchange.However, costs also climbed in the first six months compared with a year earlier because of increases in raw material prices, it said.Production costs for steel products gained 47.12 percent year on year to 31.18 billion yuan. Further, the company's steel output in the first half of the year gained 29.75 percent year on year to 8.04 million tonnes.China's producer price index, a major gauge of inflation at the wholesale level, rose 6 percent in the January-June period, according to statistics released by the National Bureau of Statistics.However, the company was likely to face a "difficult time" in the second half of 2010 and meeting its full-year profit target would become a "challenging task" as demand from auto, home appliance and real estate sectors experienced "drastic changes" since July, leading to more restrained sales and falling prices, it said.Company officials also worried that high prices of iron ore, coal and electricity would further push up production costs and squeeze profit margins.On Friday, the price of its shares fell 2.87 percent to 4.73 yuan on the Shanghai bourse.

BEIJING, June 21 (Xinhua) -- China's National Development and Reform Commission (NDRC), the country's top economic planner, refuted on Monday recent reports online saying China is mulling adjustments of electricity prices, claiming such reports "untrue" .The NDRC said in a statement on its website that recently there were reports online saying the NDRC was studying plans to adjust electricity prices, citing Li Jing, deputy head of the Department of Resource Conservation and Environmental Protection at NDRC. Reports said she has not given the timetable for the plan.The statement further said she never made such remarks to media and the reports were groundless.The NDRC began a rise in the price of electricity for non-residential use by 2.8 fen (0.4 cents) per kwh on average nationwide on November 20 last year, with residential electricity prices unchanged.