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BEIJING, Aug. 15 (Xinhua) -- The Agricultural Bank of China (ABC), one of China's "big four" state-owned commercial banks, won the title for the world's largest initial public offering (IPO) after selling another 3.34 billion shares at its IPO price of 2.68 yuan per share.The ABC said in a statement at the Shanghai Stock Exchange Sunday that it raised an additional 8.94 billion yuan (1.31 billion U.S. dollars) after fully exercising the over-allotment option of its Shanghai share offering. The bank has now raised 22.1 billion U.S. dollars.The previous record was set by the Industrial and Commercial Bank of China, which raised a record 21.9 billion U.S. dollars in its IPO in 2006.ABC shares rose 0.37 percent to 2.69 yuan on the Shanghai bourse Friday.The ABC is the last of the "big four" state-owned commercial lenders to go public. The other three banks -- the Industrial and Commercial Bank of China, China Construction Bank and Bank of China, are listed on both Shanghai and Hong Kong bourses.The over-allotment, or so-called greenshoe option, allows the sale of additional shares to the public if demand is high.

TORONTO, June 28 (Xinhua) -- Chinese President Hu Jintao's visit to Canada and his attendance at the Toronto G20 summit from June 23 to June 27 have successfully strengthened mutual trust and expanded cooperation, accompanying Chinese Foreign Minister Yang Jiechi said on Monday.President Hu conducted busy diplomatic activities by attending over 30 bilateral and multilateral events over the past few days, Yang said.During his visit to Canada, Hu, viewing development of China-Canada ties from a long-term perspective, worked with different parties in an extensive, thorough and meticulous way, and profoundly explained China's important views on boosting China-Canada pragmatic cooperation in various fields and advancing development of the bilateral strategic partnership.During the G20 summit, Hu, from a strategic height, comprehensively introduced China's stances on how to promote the all-round recovery of the global economy and guide the transformation of the G20, and helped the summit in yielding positive results in strengthening the macro-economic policy coordination between different countries, fully implementing the consensus of the previous three G20 summits and enhancing mechanism building of the G20.President Hu's visit and attendance are far-sighted, pragmatic, effective and fruitful, and have achieved complete successes, Yang said.During his visit to Canada, Hu, in spirit of "strengthening dialogue, boosting mutual trust, expanding cooperation and creating a better future", exchanged views extensively with the Canadian leaders and people from all walks of life, clarified strategically the importance and urgency of developing China-Canada ties in the new situation, and emphasized that both sides should stick to the correct direction of bilateral ties and make joint efforts to comprehensively push forward the China-Canada strategic partnership.Pragmatic cooperation in various fields serves the foundation for China-Canada ties. President Hu delivered a speech on the promotion of the all-round development of the China-Canada strategic partnership.Hu brought forward five proposals for boosting China-Canada trade and economic cooperation, which were positively responded by the Canadian side.Both the Chinese and Canadian leaders agreed to strive to increase bilateral trade to 60 billion U.S. dollars in 2015.Moreover, the two governments and the two countries' companies signed 10 cooperation documents on trade and economy, tourism, quality-inspection, law-enforcement, and energy and minerals.Cultural and person-to-person exchanges are of great significance to strengthening the public foundation for China-Canada ties. Hu announced that China would establish a China Cultural Center in Canada and invite 100 local Canadian educational officers and headmasters of primary and middle schools to visit China this year and another 100 Canadian middle school students to attend a summer camp in China next year.Various circles and public opinions in Canada responded positively to Hu's visit. They said they believed the trip had played an important role in promoting Canada-China relations, according to Yang.During the G20 summit, President Hu delivered an important speech entitled "Work in unity for the future," comprehensively introduced China's view on the current world economy, appealed to all parties to continue to carry forward the coordination spirit, and push the world economy into a new stage of vigorous, sustainable and balanced growth as early as possible.Hu presented a three-point proposal for this aim.First, all countries need to turn the G20 from an effective mechanism for tackling the global financial crisis to a major platform for promoting international economic cooperation.Secondly, efforts should be made to accelerate the establishment of a new international financial order that is fair, equitable, inclusive and well-managed.And last, all countries should promote the building of an open and free global trade system."The complex world economic situation makes it necessary for the G20 to play a guiding role. We need to take a longer-term perspective and shift the focus of the G20 from coordinating stimulus measures to coordinating growth, from addressing short-term contingencies to promoting long-term governance and from passive response to proactive planning," Hu said.These views were widely agreed and responded by leaders of countries participating in the summit.Hu said efforts should be made to keep the organic unity of the vigorous, sustainable and balanced growth.A vigorous growth is the foundation of the world economy, a sustainable growth is the aim, while a balanced growth is the means, he said.President Hu's speech was widely believed by leaders attending the summit as objective, balanced, profound, sharp-sighted, and to the point, giving out a right direction for development of the world economy.On the sidelines of the summit, President Hu also met respectively his U.S., Russian, Indonesian, South Korean counterparts Barack Obama, Dmitry Medvedev, Susilo Bambang Yudhoyono and Lee Myung-bak, and British and Japanese prime ministers David Cameron and Naoto Kan. They exchanged in-depth views on further boosting political mutual trust, bilateral ties, pragmatic and mutually beneficial cooperation, and the healthy and stable development of the G20. The meetings have vigorously pushed forward China's ties with the countries.Yang said President Hu's visit to Canada and attendance of the G20 summit had lifted the China-Canada strategic partnership, boosted the G20's healthy development and the world economy's full-scale recovery.China is willing to further deepen China-Canada ties, and make joint efforts with other G20 members in building a better future for the world economy, said the foreign minister.

SHENYANG, July 22 (Xinhua) -- China mobilized helicopters for the first time in a highway medical rescue drill in northeast China' s Liaoning Province, the provincial bureau of transport said Thursday.The rescue drill took place at 10 a.m. on the Shenyang-Dalian highway where a bridge collapse and traffic pile-up purportedly injuring dozens was simulated.Two helicopters, an S-76 from China' s Ministry of Transport and an Mi-17 from Shenyang Military Command, were dispatched to rescue those acting as wounded in the blocked section inaccessible to rescue vehicles.The rescue workers were airlifted to the crash site and successfully extricated two "trapped" bus passengers within three minutes before transporting them to nearby hospitals.More than 300 people participated in the drill organized by China' s Ministry of Transport and the provincial government of Liaoning.

BEIJING, July 16 (Xinhua) -- Senior Chinese leader Li Changchun, Friday urged the Chinese automobile industry to enhance indigenous technology and foster domestic brands while visiting an auto technology show here.At the China Achievements Expo for Self-innovated Auto Technology and Products, Li Changchun said boosting innovative capacity was pivotal to economic restructuring and shifting the economic growth pattern.Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said respect for innovation and talent should be the norm.The auto show, which runs from Thursday to Monday, features more than 140 cars from 16 Chinese companies. It is the first auto show ever to feature Chinese home-made and home designed vehicles only.A fifth of the vehicles on display are either energy efficient cars or cars fueled by new energies.The auto show is co-organized by China-Europe Association for Technical and Economic Cooperation (CEATEC) and the China Automobile Dealers Association.