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HONG KONG, Aug. 22 (Xinhua) -- China Construction Bank (CCB), the country's second largest bank, said Sunday its net profit in the first half of this year jumped 27 percent to reach 70.78 billion yuan (10.4 billion U.S. dollars) from a year earlier and its non-performing loan (NPL) ratio dropped to 1.22 percent.In a filing to the Hong Kong stock exchange, CCB said its profit before tax amounted to 92.19 billion yuan, up 27.2 percent year on year.RAPID GROWTH IN H1Key contributors to the rapid year-on-year growth of net profit were increased credit supply, service and product innovation, and decreased impairment losses, according to the statement.Regarding credit supply, the bank said its average balance of interest-bearing assets rose by 18.26 percent in the first half, prompting net interest income to surge by 15.33 billion yuan, or 15 percent.On service and product innovation, CCB said net fee and commission income rose by 10.22 billion yuan, or 43.63 percent year on year, as a result of sustained rapid expansion of fee-based business.The Beijing-based lender also said its impairment losses fell by 2.995 billion yuan, or 23.36 percent, due to price rally in foreign currency debt securities with the improving market.CCB President Zhang Jianguo said in the statement that there were signs of recovery in developed economies and robust growth of emerging economies against the backdrop of a gradually warming-up global economy in the first half.China has sustained rapid economic growth, thanks to the government's ongoing stimulation of domestic demand, he said. Foreign trade has gradually improved, while investment and consumption spending have continued to expand at a fast pace, and China's overall financial market performed steadily in the first half.Amid the European sovereign debt crisis and the Chinese government's macro-control policies in the property sector, domestic capital and property markets have undergone noticeable adjustments and are experiencing increasing uncertainties about the future market direction, he said.According to the statement, CCB's net interest income was 117.8 billion yuan, an increase of 15.33 billion, or 14.96 percent year on year.But compared to the same period of 2009, CCB's net interest spread for the first half of this year had dropped by two basis points to 2.32 percent, largely because the yield of interest- bearing assets decreased more than the cost of interest-bearing liabilities, it said.In the first half, CCB's interest income surged by 11.22 billion yuan, or 6.66 percent year on year to 179.65 billion yuan. While the interest expense was 61.85 billion yuan, a year-on-year decrease of 4.12 billion yuan, or 6.24 percent.The bank said its credit asset quality had steadily improved, with non-performing loans standing at 65.17 billion yuan by the end of June this year, a decrease of nearly 7 billion yuan over the end of 2009.

BEIJING, July 6 (Xinhua) -- Hundreds of middle school students from Nanjing City, east China's Jiangsu Province, came to the Memorial Hall of the Chinese People's War of Resistance Against Japanese Aggression in Beijing Tuesday to mourn martyrs killed in the war."We came here to keep the past firmly in mind and cherish the present peace," said a student from the Second Foreign Language School of Nanjing.Temperatures in most parts of Beijing had risen to more than 39 degrees centigrade but even so the memorial hall was crowded with visitors from all over the country.The full-scale anti-aggression war started on July 7, 1937, when the Imperial Japanese Army bombarded the town of Wanping in suburban Beijing and advanced on the Lugou Bridge. The No. 29 Nationalists Corps fought hard to resist the siege, marking the official start of an eight-year resistance war.The Chinese resistance played a decisive role in inflicting heavy casualties on the Japanese. The Chinese people paid dearly for the victory, with an estimated 35 million casualties, including military and civilian, dead and wounded.The memorial has received more than 15 million visitors since it opened in 1987, said Li Zongyuan, deputy curator of the memorial hall.

BEIJING, June 27 (Xinhua) -- Heavy rainfalls have ended in South China's flood-battered Provinces and water levels of major rivers in Jiangxi and Hunan provinces are receding, according to the State Flood Control and Drought Relief Headquarters (SFDH) Sunday.However, flood prevention work must not slow down since risks remain, said the SFDH.Also, water levels in Jiangxi Province's Ganjiang River and Poyang Lake remain higher than normal warning levels and water in Hunan Province's Dongting Lake is still rising.Persistent heavy rains that have devastated parts of south China had, by Saturday, left 379 dead, and 141 missing, and resulted in economic losses estimated at 82.4 billion yuan, the SFDH said.The torrential rains and ensuing floods have affected 68.7 million people in 22 provincial-level regions along with 4.36 million hectares of farmland, said the headquarters.

BEIJING, July 8 (Xinhua) -- A senior Chinese leader in charge of disciplinary and supervision work Thursday stressed the need for higher-caliber anti-graft officials in the country's fight against corruption.He Guoqiang, a Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remark at a forum with representatives of municipal-district level anti-corruption officials.He, also head of the CPC Central Commission for Discipline Inspection, told the anti-corruption officials to stand firm in their faith of socialism and remain vigilant in the fight against corruption.He said the officials should improve their work skills through theoretical studies and training.The anti-corruption officials should always be people-oriented and carefully listen to public opinion, He said.He also told the officials that it was imperative for them to be self-disciplined and clean-handed to show an example.China trained more than 2,000 anti-graft officials at county level nationwide in 2009 and over 400 officials at city level in this June.About 850 anti-graft officials at municipal-district level around China are being trained in Beijing currently.

HUZHONG, Heilongjiang, July 1 (Xinhua) -- More than 20,000 firemen are battling lighting-triggered forest fires in northeast China as continuous hot weather undermines their efforts, forest fire prevention authorities said.The fire, spotted Saturday, continued to spread Wednesday due to high temperatures after having weakened overnight, said Sun Zhagen, deputy director of China's National Forest Fire Prevention Headquarters.The forest fire first occurred in a part of the Greater Hinggan Mountains in Inner Mongolia Autonomous Region and then extended to the neighboring Heilongjiang Province.Rescuers were still struggling to put out the fire at more than 30 sites in the two regions, said a spokesman with the fire fighting headquarters at Huzhong, a major fire site.Further, another 6,000 fire fighters and additional equipment would be sent to control the fire in Heilongjiang, said the spokesman."As it is too hot to get close to the scene to put out the fire, we have to build fire barriers during the day and battle the blaze at night," said Pang Zhiqiang, a forest policeman.Sparks are being buried under the burnt debris of wood, often as deep as 30 cm and easily set on fire again by wind, said rescuers at Huzhong District."We felt thirsty, dizzy and had trouble breathing after staying in the burnt forest for just 10 minutes", one fireman said.Each of the rescuers, carrying about 25 kg of equipment on his back, could only carry four bottles of drinking water, a rescuer with the Heilongjiang forestry police force told a Xinhua reporter. "If the bottle water is not enough, we drink the river water, though there are worms in it."Some thirsty fire fighters said they even dug into the ground and breathed in the moisture. Also, many rescuers have become exhausted after remaining awake and working for four days.Temperatures in the Greater Hinggan Mountains Region have been hovering over 37 degrees Celsius recently and seven counties and districts have witnessed record-high temperatures, said Na Jihai, chief of the Heilongjiang Provincial Meteorological Bureau.Temperatures in Huzhong District hit 39.7 degrees Celsius Saturday, Na said.Fire-control experts in Inner Mongolia also said such an extremely-hot weather was rarely seen over the past six decades.The two regions have dispatched three aircraft and 10 cloud seeding rockets to conduct artificial precipitation operations, according to local meteorological departments.The dry and hot weather will continue for the next three days, but a light rain is forecast for Thursday, according to the National Meteorological Center of China Meteorological Administration."This is a battle between human beings and nature. We have to work hard to win," Sun Zhagen said.

来源：资阳报