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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.
BEIJING, April 7 (Xinhua) -- Chinese President Hu Jintao's upcoming visit to Brazil, Venezuela and Chile will be significant to furthering comprehensive development of China-Latin America relations, a senior Chinese diplomat said on Wednesday.Vice Foreign Minister Li Jinzhang told a press briefing that Hu will pay a state visit to Brazil and attend the second summit of the BRIC countries - Brazil, Russia, India and China - in Brasilia from April 14 to 17, make a state visit to Venezuela from April 17 to 18 and a working visit to Chile on April 18."China and Latin American countries, all as developing countries, share extensive common interests. China has always attached great importance to its relations with these countries," Li said.China-Latin America relations have maintained a good momentum of comprehensive and sustained growth with increased political mutual trust, expansion of cooperation and more frequent cultural exchanges, he said.Hu's visit will be made at the invitation of Brazilian President Luiz Inacio Lula da Silva, Venezuelan President Hugo Rafael Chavez Frias and Chilean President Sebastian Pinera.Hu will hold talks with President Lula and meet other leaders on furthering China-Brazil ties and boosting cooperation on major global issues, Li saidThe two countries will ink a joint action plan from 2010 to 2014 and agreements in the fields of culture, energy, finance, science and technology as well as product quality inspection, he said. China is Brazil's largest trading partner and biggest export market.During his first state visit to Venezuela, Hu will hold talks with President Chavez, when cooperation documents on energy, finance, culture, electricity and poverty alleviation are expected to be signed, Li said.Venezuela is China's fifth largest trading partner in Latin America with a trade volume of 7.15 billion US dollars in 2009.Hu will hold talks with President Pinera and meet with other Chilean leaders. China now is Chile's largest trading partner, and Chile is China's second largest in the Latin America. Their trade volume reached a record high of 17.7 billion US dollars in 2009.Li said, China expects to further friendly relations and deepen cooperation of mutual benefit with the three nations and promote comprehensive development of its relations with Latin America through Hu's visit."I believed that China-Latin America relations would achieve further development with our joint efforts," he said.
BEIJING, May 12 (Xinhua) -- The Chinese mainland will adopt new measures to facilitate cross-Strait travels, including opening more outlets to issue travel and entry permits to Taiwan travelers, a spokesman said here Wednesday.Travelers from Taiwan can get travel and entry permits upon arrival at three new air terminals in Tianjin, Ningbo and Jinan starting May 25, Yang Yi, the State Council's Taiwan Affairs Office spokesman said at a press conference here.The move will increase the number of such terminals in the mainland to 23.To travel to the mainland, Taiwanese need a travel pass and an exit permit issued by the Taiwan authorities. They are also required to obtain an extra mainland travel pass and entry permit.According to Yang, public security departments in southern China's Guangdong Province have also been authorized to reissue from May 25 travel passes to those who have lost their documents or whose documents have expired.Currently, only seven provincial and municipal police departments are authorized to handle this issue.The travel pass, named "Taiwan Compatriot's Pass to the Mainland," is valid for five years and is similar to the identity card Taiwanese use in the mainland."As more and more Taiwan people come to the mainland for making investments, travels, work, study, plus living, the mainland will improve its entry and exit management system based on the needs of Taiwanese people," Yang said.He also confirmed the mainland's and Taiwan's air service associations would soon hold a meeting to discuss other matters, including adding more direct cross-Strait flights.
SANAA, April 11 (Xinhua) -- A Chinese medical mission arrived Sunday in the southern Yemeni province of Aden as part of a cooperation agreement between the two countries, state-run Saba news agency reported.The 45-strong mission will provide medical services to residents of the southern provinces of Aden, Lahij, Abyan and Hadramout, according to the report.The mission includes neurosurgeons, plastic surgeons, thoracic surgeons, pediatric surgeons, orthopedic surgeons, anesthesiologists and a number of administrative staff, Jamal Khadabish, director of the Aden-based al-Jomhoriya hospital, was quoted by Saba as saying.The mandate of the Chinese mission would last for one year in accordance with a protocol of health cooperation between Yemen and China, Khadabish noted.
BEIJING, April 1 (Xinhua) -- Two Chinese vaccine makers Thursday confirmed they have shut down operations after their rabies vaccines were found to be substandard.The State Food and Drug Administration (SFDA) announced in December that a total of 215,800 units of rabies vaccines made by Jiangsu Ealong Biotech Co. and Hebei Bioforwell Co. from July to October 2008 had quality problems.The agency had ordered the two companies to halt production and sales.The confirmation came after media reports saying Ealong Biotech had resumed production and seven executives had been detained. Reports said the company had mixed an additive with the vaccine to reduce costs, leaving as many as 1 million people affected nationwide.Some local newspapers even reported that deaths or illness were likely caused by the faulty vaccines.Yan Jiangying, the SFDA spokesman, said the SFDA was yet to release investigation results as the probe was still underway.But Yan said people needed several injections to build up immunity as the 180,000 units of vaccines made by Ealong Biotech were not as effective as required by the drug watchdog.Liu Wu, general manager of Ealong Biotech, said the faulty vaccines may not provide protection against rabies as they were not up to national standards.But Liu said "We have not received any reports on adverse reactions in people receiving rabies vaccine shots."Liu also denied there were 1 million people affected, saying each person should receive five injections, or one unit, rather than receive one injection of each unit.The company had not produced or sold even one dose of rabies vaccine since Nov. 30, Liu told Xinhua.It also halted production of the A/H1N1 flu vaccine in February when the quality permit expired, he said.Liu also denied that seven company executives had been arrested and that they had put an additive in the vaccines.Ealong Biotech is the nation's fourth-largest rabies vaccine maker with a market share of 11 percent. It took orders from the Chinese government for 6.3 million doses of A/H1N1 flu vaccines in 2009, ranking third nationwide.Wang Kejing, deputy director of the food and drug administration in Sanhe city, where Hebei Bioforwell Co. is located, said the company had not sold even one dose of vaccine since April last year.Hebei Bioforwell Co., which only produced rabies vaccines, had been shut down for rectification. It said earlier that all the faulty rabies vaccines had been used, but they had received no reports of adverse reactions.In the northern Shanxi province, almost 100 children had died or fell ill after taking shots of vaccines for encephalitis, hepatitis B and rabies, the Beijing-based China Economic Times reported on March 17.The Ministry of Health has launched an investigation into the case after media exposure.