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SAN FRANCISCO, Nov. 9 (Xinhua) -- Cisco Systems Inc., the world 's biggest networking equipment maker, on Wednesday reported that its profit fell about 7.9 percent in the most recent quarter.In the company's fiscal 2012 first quarter ending on Oct. 29, Cisco posted its net income of nearly 1.78 billion U.S. dollars, compared with 1.93 billion dollars in the same period a year earlier.Excluding some items, earnings per share in the quarter were 43 cents, better than the 39 cents estimated by analysts, according to Bloomberg.Cisco's sales in the quarter reached 11.26 billion dollars, an increase of 4.7 percent year-on-year and also topped analysts' projection of about 11 billion dollars."We delivered a solid quarter," John Chambers, Cisco's chief executive officer, said in a statement."We've completed the majority of our restructuring and have organized Cisco to successfully execute against our strategy of providing intelligent networks, architectures and integrated products that solve customers' business problems," he added.

BEIJING, Dec. 29 (Xinhua) -- Chinese authorities broke up more than 1,800 dens that made or sold counterfeit drugs in cases that involved 3.35 billion yuan (530 million U.S. dollars) in a two-year crackdown, according to the State Food and Drug Administration (SFDA).During the campaign, 13 government departments mobilized more than one million law enforcement workers to combat the sale of fake drugs via online advertising or consignment, seizing more than 5,000 kinds of illegal products, said SFDA deputy head Bian Zhenjia Thursday at a meeting.According to Bian, the action also targeted malpractice during the manufacturing process as well as selling non-pharmaceutical products as drugs.In the operation, authorities conducted more than 28,000 on-site inspections in medicine production factories and halted the production of 98 varieties of drugs, Bian said.However, Bian noted that problems still exist, including rampant illegal drug advertising and online sales of fake drugs, improper manufacturing practices and outdated laws and regulations concerning drug safety.Bian said the SFDA will continue to cooperate with other government departments and step up supervision and crackdowns on the online sale of fake drugs.

HONOLULU, United States, Nov. 13 (Xinhua) -- Chinese President Hu Jintao and leaders of other Asia-Pacific Economic Cooperation (APEC) members met in Honolulu, Hawaii, Sunday to find ways to speed up regional economic integration, free trade and investment, and economic and technological cooperation.The annual meeting, hosted by U.S. President Barack Obama in his home state, is being convened at the JW Marriott Ihilani, Honolulu, to boost regional economic integration, trade, green growth, job creation in green industries, energy security, and regulatory cooperation.President Hu is expected to speak at the meeting. He will introduce China's stand on the topics and call for "improving global economic governance, shifting the growth methods, promoting economic globalization and regional economic integration," according to Chinese diplomats.Hu will join other APEC leaders in meeting with the APEC Business Advisory Council (ABAC), which presents recommendations to APEC leaders in an annual dialogue and advises APEC officials on business sector priorities and concerns.During this year's dialogue, APEC leaders are expected to discuss regional economic integrity, the development of small- and medium-sized enterprises, food security and other issues with ABAC representatives.This year's APEC meeting convenes at a time when the global economic recovery is fraught with instability and uncertainty, and encounters growing risks and challenges.Some major economies are experiencing an economic slowdown, while in the eurozone, sovereign debt risks are rising in some countries. High inflationary pressure is a problem in emerging economies, including some in the Asia-Pacific region. Protectionism in various forms is mounting.In face of the challenges, the APEC leaders will look for effective measures to stimulate the global economy, regional economic integration, free trade and investment, and economic and technological cooperation.China hopes the APEC members will implement the economic growth strategy agreed on last year, striving to achieve a balanced, inclusive, sustainable, innovative and safe economic growth, said Wu Hailong, assistant foreign minister of China, at a press briefing last week.He said that China expects the APEC members to comprehensively promote regional trade and investment liberalization, adding that all members should fulfill their commitments and oppose all forms of trade protectionism.APEC should strengthen economic and technical cooperation to enhance the ability of the developing members to develop further, and therefore to achieve common prosperity, said the senior diplomat."APEC members generally hold positive attitudes toward U.S. proposals in various fields such as green growth, innovation policy. But some of the U.S.'s expected outcomes are beyond the capacity of the developing members, and they have expressed their difficulties and concerns," Wu said.

BEIJING, Oct. 20 (Xinhuanet) -- British scientists used bacteria and DNA to build basic components for digital devices in a new research, according to media reports, suggesting biological computers come closer to reality.Digital devices are based on logic gates, fundamental building blocks in silicon circuitry, said Professor Richard Kitney, leading researcher of the research published in the journal Nature Communications, "Without them, we could not process digital information."According to Science Daily, Professor Kitney and his colleagues from the Imperial College London replicated the building blocks using bacteria and DNA, forming biological logic gates, which paved the way for building more complex biological processors in the future.The researchers hoped biological computers can be applied to monitoring human health in the future.They believed that small biological processors, inserted in human bodies, could roam inside the bodies, monitor the health, and correct any problems they found.These biological logic gates are the most advanced created by scientists. But there is still a long way to go to apply them in reality, said Professor Kitney.

BEIJING, Jan. 21 (Xinhua) -- Chinese leaders on Saturday offered festive greetings to people across the nation as well as overseas Chinese around the world at a gathering to mark the Lunar New Year that falls on Jan. 23.President Hu Jintao, top legislator Wu Bangguo, Premier Wen Jiabao and top political advisor Jia Qinglin attended the gathering, organized by the Central Committee of the Communist Party of China (CPC) and the State Council at the Great Hall of the People in Beijing.Hosting the gathering, Hu, also General Secretary of the CPC Central Committee, extended regards to Chinese people at home and abroad and foreign friends on behalf of the CPC Central Committee and the State Council, the Cabinet.Premier Wen delivered a speech at the gathering, saying that the country has made a good start to the Twelfth Five-Year Plan (2011-2015) at a time of an austere and complicated international economic situation.Wen said the government would maintain stable prices and steady, rapid economic development, accelerate the transformation of development patterns and adjust the economic structure in a bid to enhance sustainable development, as well as place more importance on people's livelihoods, letting the people share the achievements of reform."We are going to face bigger challenges in the new year," Wen said. "We have the will, determination, courage and ability to overcome any difficulties. We have confidence in the motherland's successful and bright future."Wen said the country will resolutely take the socialist road with Chinese characteristics, and promote economic growth and social progress, as well as improving people's livelihoods, and democracy, rule of law, equality and justice."We need to keep a clear head and thoroughly apply the scientific outlook on development, so to advance the reform and openning up policy and the socialist modernization construction.Wen called for excellent achievements in a bid to put the country on a firm footing for the upcoming 18th National Congress of the Communist Party of China.Other leaders, including Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also attended the gathering.The Spring Festival, or the Chinese Lunar New Year, is the most important traditional festival for China.

来源：资阳报