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BEIJING, Sept. 29 (Xinhua) -- China attaches great importance to U.S. President Barack Obama's visit in November, a senior Chinese official told visiting U.S. Deputy Secretary of State James Steinberg in Beijing Tuesday. State Councilor Dai Bingguo said China would work with the U.S. to ensure the success of this visit. Steinberg, who arrived in China Monday, said President Obama was looking forward to his visit, and hoped it would promote U.S.-China relations. Dai said relations between the two countries had developed vigorously with close exchanges and cooperation since the Obama administration took office. The two sides should work together for the continuous and steady development of bilateral ties, Dai said. A key mission of Steinberg's China trip is to prepare for Obama's visit. It is part of the senior U.S. diplomat's week-long tour of Asia, which also takes him to Hanoi, Kuala Lumpur, Seoul and Tokyo. He said Obama considered his meeting with President Hu Jintao in New York last week had given an impetus to bilateral ties. Obama's visit would "mark an important milestone in building mutual trust and respect between the people of China and the United States," said a statement from the U.S. Embassy in Beijing late Tuesday on his departure from China. In a separate meeting with Chinese Vice President Xi Jinping, Steinberg reiterated that the United States would continue with the one-China policy and respect China's sovereignty and territorial integrity, which were considered by the U.S. government the crucial principle in handling bilateral ties. After expounding China's stance on Taiwan and issues concerning Tibet and Xinjiang, Xi said respect and care for each side's core interests and major concerns was the key to the healthy and steady growth of ties. Xi called on the U.S. side to handle concerned issues in a "prudent" and "appropriate" way, to safeguard China-U.S. relations. Steinberg said President Obama had several times stressed the great importance of U.S.-China relations since he took office in January. The United States hoped to reveal to the world through President Obama's China visit that the two countries were willing to jointly respond to global challenges, including the global financial crisis, terrorism and non-proliferation, he said. Xi called on joint efforts from both countries to ensure "positive results" from Obama's China tour. "President Hu Jintao had successful meeting with President Obama in New York last week, in which they reached new important consensus on promoting active, all-round development of bilateral ties," said Xi. "China is ready to work closely with the United States to implement the important consensus reached by the two heads of state, enhance strategic trust and substantial cooperation in various areas, and properly handle differences and sensitive issues," Xi said.
FUZHOU/TAIPEI/HANGZHOU, Aug. 7 (Xinhua) -- A fishing boat capsized at about 10 p.m. off the coast of southern island province of Hainan as the tropical storm Goni wreak the havoc. All the 10 fishermen fall into the water and only one managed to swim to the beach. Rescers were searching for the missing. Authorities in southeast China's Fujian Province has ordered all schools and scenic spots to close before 4 p.m. Friday, as typhoon Morakot nears. Photo taken on Aug. 7, 2009, shows the flooded areas in Danzhou, south China's Hainan Province. Strong rainstorms brought by the tropical storm Goni caused great disaster to the western Hainan areas and the villagers suffered a heavy loss The Fujian provincial flood control and drought relief headquarters said Friday that about 34,000 vessels had been recalled to port and 21,190 people in the cities of Ningde, Putian, Fuzhou and Quanzhou had been relocated to safe areas. The headquarters has entrusted the education bureau to notify schools in the four cities to stop all activities, and make sure all teachers and students leave safely. Residents living on the sea are evacuated to the safe place in Ningde City, southeast China's Fujian Province, on Aug. 7, 2009. Authorities in Fujian Province have ordered all schools and scenic spots to close before 4 p.m. Friday, as typhoon Morakot nears. The provincial flood control and drought relief headquarters said Friday that about 34,000 vessels had been recalled to port and 21,190 people in the cities of Ningde, Putian, Fuzhou and Quanzhou had been relocated to safe areas. Waves as high as six meters were already hitting the coastal area on Friday, and the provincial meteorological observatory said they could reach up to nine meters as the typhoon came closer. According to China National Meteorological Center, Morakot, the eighth typhoon to affect China's mainland, was 180 km southeast of Keelung, Members of the Fujian border police hand over the supplies to crew members of a ship from Taiwan at Shacheng port in Ningde of southeast China's Fujian Province, Aug. 7, 2009. Led by a ship sent by the Fujian border police, two ships from Taiwan arrived at a port in Ningde safely on Friday as typhoon Morakot nears

BEIJING, July 28 (Xinhua) -- China will cut gasoline and diesel prices from Wednesday by 220 yuan (32.4 U.S. dollars) per ton, or by about 3 percent each, the National Development and Reform Commission (NDRC) announced Tuesday. The retail price of gasoline will drop by about 0.16 yuan per liter, and that of diesel by about 0.19 yuan per liter, the commission said in a statement issued after a news briefing. A staff member works at a gas station in Hefei, capital of east China's Anhui Province, July 28, 2009The benchmark prices of gasoline would be reduced to 6,910 yuan per tonne, and that of diesel to 6,170 yuan per ton. The price cut was in response to recent falls in global crude prices, which had dropped to 63.97 U.S. dollars per barrel from 67.8 U.S. dollars on June 30, according to the statement. Global crude prices, despite recent rebounds, experienced consecutive falls in the first half of this month, said the statement. The NDRC is basing its adjustment of domestic fuel prices on three kinds of global crude prices, but the commission did not reveal the structure of the three prices. On Monday, light, sweet crude for September delivery rose 33 cents to settle at 68.38 U.S. dollars a barrel on the New York Mercantile Exchange. London Brent for September delivery rose 50 cents to 70.82 dollars a barrel on the ICE Futures exchange. It is the sixth fuel price adjustment since the country adopted a new fuel pricing mechanism, which took effect on Jan. 1. The Chinese government has lowered retail fuel prices in December, before the new mechanism became effective, and again in January. It also raised prices once in March and twice last month. Under the pricing mechanism, the NDRC would consider changing benchmark retail prices of oil products when the international crude price rises or falls by a daily average of 4 percent over 20 days. The two price rises last month were slight, said the statement, in an effort to quell doubts over frequent price hikes. The country's latest fuel price hike on Jan. 30 sparked widespread debate as consumers grumbled that the record domestic prices were even higher than in the United States. However, according to the NDRC statement, post-rise prices on June 30 translated into about 60 U.S. dollars per barrel, which was 7.8 U.S. dollars lower than the international price that day. On June 1, post-rise prices were equal to about 50 U.S. dollars a barrel, 7.6 U.S. dollars lower than the global crude price. The NDRC raised pump prices of gasoline and diesel by 400 yuan per ton, or 7 percent and 8 percent, respectively, from June 1, and again by 600 yuan per tonne, or 9 and 10 percent, respectively, from June 30. Such controlled rises were meant to ease the burden of downstream industries so as to help fuel a recovery in the economy, and also to cushion the negative effect of irrational rises in global crude prices, such as raises in investment of speculative capital, according to the statement. The commission would continue to adjust domestic fuel prices "at an appropriate time", and take into account of changes in global crude prices, domestic economic situation, and demand and supply on the domestic market, said the statement.
BEIJING, Aug. 20 (Xinhua) -- Industrial and Commercial Bank of China (ICBC), the world's biggest lender by market value, posted a profit after tax of 66.7 billion yuan (9.77 billion U.S. dollars) in the first half of this year, up 2.8 percent over the same period last year. The increase was mainly attributed to gains on incomes from the bank's intermediate business, including investment banking business and fund dealing commission, which grew 17 percent from ayear earlier to stand at 28.3 billion yuan, according to the bank's half-year report released Thursday. Outstanding loans amounted to 5.44 trillion yuan by the end of June, jumping 18.9 percent from the beginning of this year in response to the country's economic stimulus plan. The non-performing rate was 1.81 percent by June, 0.48 percentage points lower than at the beginning of 2009, as outstanding bad loans decreased 5.8 billion yuan after the bank intensified risks control. At the end of June 2009, the bank's deposits increased 1.69 trillion yuan from the beginning of the year, leaving its outstanding deposits exceeding 10 trillion yuan. The total assets of ICBC stood at 11.4 trillion yuan by the end of June, up 17.2 percent from the end of last year. Earnings per share for the bank amounted to 0.2 yuan and the bank's stock advanced 3.26 percent to end at 4.75 yuan in Shanghai Stock Exchange Thursday. ICBC was simultaneously listed in Shanghai and Hong Kong in October 2006.
来源:资阳报