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BEIJING, Nov. 27 (Xinhua) -- China's industrial enterprises saw their profits increase 25.3 percent year-on-year in the first ten months of 2011, slowing down from the year's previously recorded figures, official data showed Sunday.Growth in the January-October period was 1.7 percentage points lower from that of the first three quarters, the National Bureau of Statistics (NBS) said in a statement.It marked a gradual downshift from the 34.3-percent year-on-year growth seen during the January-February period and the 28.7-percent growth seen during the first half of the year.Profits realized in the first ten months amounted to 4.12 trillion yuan (650 billion U.S. dollars), the NBS said.The NBS compiled the figures using data collected from a pool of industrial businesses with at least 20 million yuan in annual sales revenues each.In October alone, industrial profits expanded 12.5 percent year-on-year to 438.3 billion yuan, the NBS said.Among 39 industries surveyed, 36 sectors reported profit growth in the first ten months. The oil refining, coking and nuclear-fuel processing sector saw profit plunge 89.8 percent year-on-year.Private businesses posted the fastest profit growth, with a year-on-year rise of 44.3 percent, followed by collectively owned enterprises of 33 percent, equity-holding companies of 30.3 percent, state-owned enterprises of 16.6 percent and overseas-funded firms of 11.6 percent.China's industrial production growth rate will moderate due to economic turmoil in Europe and the United States and weakening domestic demand brought about by a tightened monetary policy, Huang Libin, an official with the Ministry of Industry and Information Technology, said last week.China saw its economic growth slow to 9.1 percent in the third quarter of this year from 9.5 percent in the second quarter and 9.7 percent in the first quarter.
BEIJING, Nov. 1 (Xinhua) -- The ministers of Brazil, South Africa, India and China (BASIC) in a Tuesday joint statement urged developed nations to fulfill their commitments and provide funds and technology to help developing nations tackle climate change.Developed nations should honor their commitments, made at the Copenhagen climate change conference in 2009, to provide 100 billion U.S. dollars annually by 2020 and ensure that there will be no funding gaps from 2013 to 2020, according to the statement.Developed nations should also fulfill their pledge to offer 30 billion U.S. dollars in "fast-start funding" to developing nations in order to help them address climate change, the statement said.The ministers agreed that the coming Durban climate change conference should achieve a "comprehensive, fair and balanced outcome" under the principle of common but differentiated responsibility.They called on the conference to clearly establish the second commitment period under the Kyoto Protocol, during which developed country parties to the Kyoto Protocol should undertake quantified emission reduction commitments.The Kyoto Protocol is the cornerstone of climate change and its second commitment period is an essential priority for the success of the Durban conference, according to the statement.H The joint statement was issued following a two-day meeting of ministers from the four nations, also known as the ninth BASIC Ministerial Meeting on Climate Change, a mechanism through which the four countries and other developing countries coordinate their efforts in climate change.Representatives of Group 77 countries, island countries and the Arab League also attended the meeting.The Durban conference is scheduled for November. The focus of the conference is expected to be the extension of the Kyoto Protocol and acquiring a commitment from developed countries for the protocol's next period.The Kyoto Protocol, an international agreement linked to the United Nations Framework Convention on Climate Change, sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas emissions from 2008 to 2012.

BEIJING, Oct. 21 (Xinhua) -- Vice President Xi Jinping has said China is willing to cooperate with Russia on strategic security matters, and that the two nations should work more closely on bilateral and multilateral issues.Xi made the remarks on Thursday in his meeting with Russian Security Council Secretary Nikolai Patrushev, according to a press release issued by the Chinese Foreign Ministry on Friday.China will work more closely with Russia in order to strengthen communication and coordination on regional and international issues, Xi said.Patrushev is in Beijing to co-chair the sixth round of China-Russia strategic security talks with Chinese State Councilor Dai Bingguo.Chinese Vice President Xi Jinping (R) shakes hands with Russian Security Council Secretary Nikolai Patrushev (L) in Beijing, capital of China on Oct. 20, 2011.Xi spoke highly of the contribution made by the China-Russia strategic security talks in boosting bilateral political mutual trust and strategic coordination, calling on the two sides to step up strategic coordination in a bid to better safeguard the common interests of the two nations and promote peace and stability in the world.Citing the significant and profound transition of the international situation, Xi said the two nations face opportunities as well as challenges in maintaining a strategically secure environment for their own development.On bilateral relations, Xi said China always prioritizes its relations with Russia in the country's foreign policy. He expressed China's willingness to make concerted efforts with Russia to push forward bilateral cooperation in the political, economic, energy, science and technology fields.Russia was highly satisfied with the current development of the bilateral ties, Patrushev said, proposing the two sides should strengthen strategic communication, expand mutual trust and cement coordination in multilateral organizations such as the United Nations and the Shanghai Cooperation Organization.China-Russia strategic security talks were initiated by leaders of the two countries in 2005.
XIAMEN, Dec. 26 (Xinhua) -- The three-decade achievements of the Xiamen Special Economic Zone have shown that China has made the right decision to set up special economic zones (SEZs), President Hu Jintao said Monday.Hu made the remarks in a congratulatory letter to a gala held Monday in southeastern Fujian province's city of Xiamen, which is celebrating the 30th founding anniversary of its special economic zone.Over the past 30 years, the Xiamen Special Economic Zone has made marked socio-economic progress, made significant changes in people's lives, and served as a pilot area for the country's reform and opening-up and socialist modernization, Hu said.The Xiamen Special Economic Zone has made a unique contribution to promoting cross-Strait economic and trade cooperation as well as culture and personnel exchanges, Hu said in the letter.Hu also urged the economic zone to further enhance the capability of independent innovation, ensure and improve people's well being, strengthen and make innovations in social management, and better serve the peaceful development of the cross-Strait relationship.He Guoqiang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, attended and addressed the gala.In his speech, He said the economic zone should develop high-end manufacturing business and a modern service industry, while speeding up the establishment of a market-oriented technology innovation system that integrates production with scientific research.The economic zone needs to make greater efforts in energy saving and emissions reduction as well as environmental protection by greatly developing a green and recycling-based economy, according to He.He also said that the economic zone should exert itself to increase the income of rural and urban residents, especially low-income residents, and meet people's basic requirements in terms of education and culture, employment, medical services and housing."Reasonable appeals of the people should be addressed, and behavior that undermines people's interests should be resolutely rectified," He said.In addition, He expects the Xiamen Special Economic Zone to thoroughly implement the cross-Strait Economic Cooperation Framework Agreement (ECFA) and further explore and enhance cooperation in finance and logistics with Taiwan, He said.The economic zone should also strengthen the development of direct flights, customs clearance and ports in order to facilitate direct exchanges across the Taiwan Strait, according to He.He also met with representatives of Hong Kong, Macao and Taiwan residents and overseas Chinese, who attended the gala.He said people from all walks of life in Hong Kong, Macao and Taiwan have long been active in investing, financing education and alleviating poverty in Fujian.They have not only shared the opportunities that the country's reform and development have brought forth and expanded their own enterprises, but also greatly boosted the country's socio-economic progress, He said."You are witnesses, participants and beneficiaries of the reform and opening up," He said to these representatives.The Xiamen Special Economic Zone is one of the four earliest SEZs set up after China initiated the reform and opening up in 1978. In 1984, it was expanded from the initial 2.5 square kilometers to 131 square kilometers. Last year, it was extended to span the entire city.
SAN FRANCISCO, Dec. 2 (Xinhua) -- About one in 10 mobile phone subscribers in the United States is now using an Apple iPhone, said a new survey released on Friday.Latest survey results from research firm comScore showed that for the three-month period ending in October, Apple remained the No. 4 handset maker in the U.S. with its share of mobile subscribers rising to 10.8 percent from 9.5 percent in the previous three months.Among the top five mobile phone brands in the U.S. market, Apple is the only one that saw its market share increase in the quarter, according to the survey.Samsung was still the top handset manufacturer with 25.5 percent of U.S. mobile subscribers, followed by LG and Motorola taking the second and third place with 20.6 percent and 13.6 percent of share respectively.Research in Motion (RIM), maker of Blackberry, ranked No. 5 with a share of 6.6 percent.Except Apple, market shares of the other four brands remained unchanged or dropped from the previous quarter.Apple's gain in the quarter might be driven by the introduction of new model iPhone 4S which went on sale on Oct. 14, and the addition of Sprint as a carrier in the U.S. market, some analysts said.The survey by comScore, which involved more than 30,000 U.S. mobile subscribers, found that 234 million Americans age 13 and older used mobile devices by the end of October.
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