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LUOYANG, July 11 (Xinhua) -- Chinese President Hu Jintao has stressed economic restructuring, agricultural production and the role of grass-root party organizations during his visit to the city of Luoyang in central Henan province.Hu visited state-owned enterprises, research institutes and talked with local farmers during this trip from Friday through Sunday.At Citic Heavy Industries Co., Ltd., the largest manufacturer of mining machinery in China, Hu learned that the company had shifted focus from manufacturing to research and development. He said innovation is the lifeblood of a company.He also visited a tractor manufacturing plant and a bearing producing company, both enjoying rapid growth thanks to restructuring. Hu asked officials at the two companies to continue with their restructuring and their ongoing expansion through innovation.Hu also visited two research institutes. At China Aviation Lithium Battery Research and Development Center, Hu asked the center to seize the opportunity as the new energy industry is booming and the market demand for lithium batteries is expanding.At another research institute, Hu stressed the role of talent in scientific and technological research.Hu also urged the province to to do a good job in agricultural production this year, as Henan contributes the largest share of crops in China.Hu urged village-level party organizations to serve the interests of farmers while visiting a local village.Hu visited farmers at a corn field and asked about the yields and price of corn. Hu told farmers that supporting grain production is a long-term policy and the state will again boost such support in the future so farmers can earn more and increase their wealth by planting grain.Hu said China would continue to give priority to the development of rural areas, agriculture and farmers during the 12th five year plan, China's development blueprint for the next five years.Hu noted that China's grain yields have increased for 6 consecutive years, and this year the summer yield of grain is another good harvest, despite earlier bad weather.Hu said, however, that Henan, as China's bowl of grain, should take on the responsibility to safeguard the nation's food security and enhance its agricultural production capacity.While visiting a local village, Zhouli village of Mengjin county, Hu requested village-level party organizations to work for the interests of farmers.Hu added that the party organization plays a critical role in improving the standards of living for farmers.Zhouli village was relocated to its present site to make way for a water conservation project in the Yellow River in 1995. Since then, the per capita annual income of local farmers rose from 680 yuan (100 U.S.Dollar) to its current 4,950 yuan now, and farmers now have access to running water, cable TV as well as other public services.Hu said the government would continue providing favorable policies to farmers so they might lead better lives.At the end of his visit, Hu urged continuing efforts to transform the economic growth pattern, adjust the economic structure, increase the amount of indigenous innovation, continue to promote energy conservation, emission reduction and environmental protection as well as reform and opening up.

BEIJING, July 28 (Xinhua) -- Profits at Chinese industrial enterprises in 24 regions climbed 71.8 percent year on year to 1.61 trillion yuan (237.5 billion U.S. dollars) in the first six months, the National Bureau of Statistics (NBS) said Wednesday.The growth rate was 11.2 percentage points lower than that in the first five months, the NBS said in a statement.Combined revenues for the enterprises totaled 25.9 trillion yuan in the first half of the year, up 36.5 percent from a year earlier - a growth rate 2.4 percentage points lower than in the January-to-May period.Most of the 39 major industries posted year-on-year profit growth.The 24 regions comprise all of the Chinese mainland provinces, municipalities and autonomous regions except the Inner Mongolia and Tibet autonomous regions; Hunan, Guangdong, Hainan and Yunnan provinces; and Chongqing.China's industrial value-added output expanded 17.6 percent year on year in the first half of the year. But month-on-month growth began to slow in March, with June's growth at 13.7 percent year on year.

BELGRADE, July 15 (Xinhua) -- Visiting top Chinese legislator Wu Bangguo and Serbian Prime Minister Mirko Cvetkovic met here on Thursday and agreed to expand cooperation between their two countries.During their talks, Wu, chairman of the Standing Committee of the National People's Congress of China, spoke highly of the China-Serbia ties, saying China sees Serbia as an important cooperation partner in Southeastern Europe.Thanks to their joint efforts, the two countries have made remarkable achievements in their cooperation in infrastructure construction, automobile manufacturing and other areas, noted Wu, the highest-ranking Chinese official to visit Serbia since the two countries established their strategic partnership in 2009.The Chinese guest particularly referred to the official inauguration of the Zemun Bridge construction, the biggest infrastructure project to be conducted in Serbia by a Chinese enterprise.Wu on Wednesday attended the groundbreaking ceremony for building the bridge, which will span the Danube river and ease local traffic strain.As the two countries boast good political relations, strongly complementary economies and huge cooperation potential, Wu stressed, China and Serbia should make a full use of such advantages and seize opportunities to deepen bilateral collaboration in infrastructure construction including roads, bridges and power plants.Meanwhile, the two countries should explore new ways and fields of cooperation, consolidate the leading role of enterprises in bilateral economic and trade cooperation, and thus build up momentum for a substantial leap forward on the cooperation track, added Wu.Stressing that China encourages its businesses to cooperate with their Serbian counterparts in various ways, Wu expressed the hope that the Serbian side will further facilitate corporate cooperation between the two countries.For his part, Cvetkovic first recalled his experience in the Serbian National Pavilion Day activities at the World Expo in Shanghai last month, saying that he was deeply impressed by the unparalleled exhibition, which he said will surely help Serbia better showcase its splendid history and modern accomplishments to the world.Noting that economic and trade cooperation is a significant part of the Serbia-China strategic partnership, the Serbian host also cited the Zemun Bridge project, stressing that the new fruit of bilateral cooperation symbolizes the Serbia-China friendship and injects new impetus into the strategic partnership between the two countries.Serbia attaches great importance to enhancing ties with China, and is ready to continue expanding cooperation in infrastructure, energy, agriculture, tourism and other fields, Cvetkovic emphasized.Serbia keeps its door open for Chinese enterprises, and is ready to create a better environment for corporate cooperation between the two countries, he continued, adding that his country will learn from China's successful opening-up policy and foreign investment incentives.Wu met with Serbian President Boris Tadic on Wednesday after a visit to France. He is scheduled to leave on Friday for Switzerland, the last leg of his three-nation Europe tour, where he will attend the Third World Conference of Speakers of Parliament in Geneva.

BEIJING, July 27 (Xinhua) -- China's largest gold producer said on Tuesday its operating profits rose by three fold to 1.55 billion yuan (228.09 million U.S. dollars) in the first six months this year.China National Gold Group Corp. said in a statement that its first-half revenue grew by 98 percent from a year earlier to 27.67 billion yuan and expected its full-year revenue to reach 50 billion yuan.At the end of June, the gold producer had 1,250 tonnes of gold reserves, eight million tonnes of copper reserves and 1.6 million tonnes of molybdenum, according to the statement.In the first half of 2010, the company added a total of 24.7 tonnes of gold, 683,000 tonnes of copper and 445,000 tonnes of molybdenum to its reserves, said the statement.The company had improved its development strategies through conducting merge and acquisitions, integrating regional resources and exploring overseas, said Sun Zhaoxue, general manager of the gold producer.