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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 met Japanese Prime Minister Yukio Hatoyama here on Monday to exchange views on China-Japan relations and other issues of common interest.Hu said he is happy to have the opportunity to meet Hatoyama in Washington, who is an old friend of China.Hu appreciated Hatoyama's efforts to boost the friendly relations between China and Japan and his contributions in this regard since he took office.The Chinese leader said he is willing to exchange views with Hatoyama on the development of bilateral ties and issues of common concern.Chinese President Hu Jintao (R) meets with Japanese Prime Minister Yukio Hatoyama in Washington April 12, 2010. President Hu Jintao arrived in Washington on Monday to attend the Nuclear Security Summit slated for April 12-13. To boost the development of China-Japan strategic relationship of mutual benefit, Hu laid out a four-point proposal: keeping high-level exchanges, deepening mutually beneficial cooperation, expanding people-to-people and cultural exchanges, and enhancing cooperation in the process of Asia's integration.For his part, Hatoyama said he also feels very happy to meet President Hu again after their last meeting in Singapore last year.

BEIJING ,May 6 -- China Mobile on Wednesday launched an online platform that enables its subscribers to read and download digital publications through cell phones and e-book readers, as part of its effort to profit from the country's emerging mobile reading market.The world's biggest cellphone carrier in terms of subscribers kicked off an e-book store similar to Apple's iBook store, which gives users wireless access to a series of online publications such as e-books, comics and magazines."Reading habits have fundamentally changed," said Gao Nianshu, general manager of China Mobile's data department. He said the company hopes the new platform will attract over 200 million users in the near future. Primary school students in Yangzhou, Jiangsu province, read e-books. China Mobile hopes its newly launched platform will attract over 200 million users in the near future.According to figures from China's Ministry of Industry and Information Technology, cellphone users in the country reached 780 million at the end of March. Of that group, mobile readers surpassed 155 million, the ministry said.Interest in e-book readers made by firms such as Hanwang Technology, Amazon and Founder since last year also significantly boosted demand for mobile reading.Gao said China Mobile's new e-book platform, which currently covers about 40 percent of the best selling books in the country, has attracted over 15 million users during four months of testing in eight areas.He said the company's online e-book store will also support the iPad, the tablet computer launched by Apple Inc last month."Mobile reading has become a popular service with mobile Internet users in China," said Zhang Yanan, analyst from research firm Analysys International, in a research note.But he said that although about 45 percent of Chinese mobile Internet users read books at least once a day by mobile phone, few of them are willing to pay for online content.According to China Mobile, the subscription fee for its online e-book store is up to five yuan per month, 40 percent of which will be shared with copyright owners.Zhong Tianhua, head of China Mobile's subsidiary in Zhejiang province, who oversees the company's online e-book store business, said the company's strategy is to attract as many users as possible in the first three years with the lowest pricing possible.Companies including Nokia, Motorola, Hanwang, Founder, Datang and Huawei Technologies have released products that support China Mobile's new service. But many e-book makers have also established their own online e-book stores, putting them in competition with China Mobile.It was reported earlier this week that China Mobile plans to team up with Foxconn Electronics of Taiwan province to produce its own e-book readers.

BEIJING, April 14 (Xinhua) -- China's economic development environment remains "very complex" with difficulties and problems persisting in the process of its economic recovery, said the State Council Wednesday.The national economy was heading toward the goal of macroeconomic regulation, with a strong foundation for economic recovery, said a statement released after a Wednesday executive meeting of the State Council, the Cabinet, chaired by Premier Wen Jiabao.The fast economic growth can be, to a large extent, attributed to the stimulus package.As the economic recovered, old difficulties remained and new problems emerged, said the statement.With trade protectionism on the rise and major economies suffering from climbing unemployment rates, uncertainties remained in the global economy, said the statement.Severe drought in southwestern China, how to increase grain production and rural people's income, growing inflation expectations, especially soaring housing prices, managing financial risks, and pressure of increasing unemployment were posing great challenges to the economy, said the Cabinet."We should never rest in the face of these problems and difficulties," said the statement.In resolving the problems, China would give top priority to speeding up the transformation of the economic development mode and improving the quality of economic growth, according to the statement.The government would introduce measures to boost agricultural production, improve financial management and regulation, stabilize prices, rein in soaring property prices, expand domestic demand, push forward economic restructuring, increase energy saving and emission cuts, enhance the opening-up policy and improve the people's livelihood.

BEIJING, March 31 (Xinhua)-- China and the United States held the first high-level dialogue between their main political parties in Beijing Wednesday.Senior Chinese officials and representatives of a delegation of the U.S. Democratic and Republican parties took part.Addressing the dialogue, Wang Jiarui, head of the International Department of the Communist Party of China (CPC) Central Committee, said the political parties and statesmen of China and the United States should transcend differences of ideology, social systems and cultural traditions and abandon prejudice, so as to continuously strengthen strategic mutual trust and promote the healthy, stable, and long-term development of bilateral ties.To build a positive, cooperative and comprehensive China-U.S. relationship for the 21st century, it was important for both sides to deal with bilateral ties from a strategic and long-term perspective, respect each other's roads of development, take each other's core interests and major concerns into consideration and avoid repeated disturbances and harm to cooperation, said Wang.Wang also introduced China's party system, the CPC's governance theory and expounded China's position on China-U.S. relations and related international affairs.

来源：资阳报