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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, Aug. 23 (Xinhua) -- Senior Chinese leader Li Changchun urged promoting innovation, communication and the influence of Chinese culture with advanced technology on Monday.Li, a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, made the remarks during his visit to the Beijing International Radio, TV and Film Equipment Exhibition (BIRTV).Li also called for efforts to better integrate culture and technology.Li reviewed some new achievements of communication technology innovation on display. He urged businesses to strengthen independent technological innovations to adapt China's Radio and TV communications technology to the digital and internet age.Also, improved integrity of culture and technology would help to promote the competitiveness of Chinese culture and enterprises in the cultural sector should promote the technical element in their products with improved equipment and proprietary intellectual property rights of key technologies, Li said.Further, advanced technology should be employed to promote both the emerging cultural sector and traditional sector, Li said.The BIRTV exhibition is sponsored by the State Administration of Radio, Film and Television. About 400 exhibitors attended the exhibition with equipments for radio, TV and film productions, broadcasting, transmitting and projecting on display.

BERLIN, July 14 (Xinhua) -- German Chancellor Angela Merkel is to start a four-day visit to China on Thursday, a move widely expected to boost the countries' bilateral economic ties and political interactions.The fourth visit of Merkel to China since she took office in 2005 is part of the high-level interactions boosting the bilateral ties.Chinese President Hu Jintao and Merkel met at the nuclear security summit in April in Washington, followed by a state visit of German President Horst Koehler to China a month later. Leaders of the two countries also discuss world affairs through hot-lines.Further boosting bilateral relations between China and Germany is in the interests of both countries, especially in trade and economy.Germany's total exports dropped 18 percent last year due to the global economic slump, while its exports to China climbed 7 percent, the German newspaper Frankfurter Allgemeine Zeitung reported.Sino-German relations have been increasingly important under the new, post-crisis situation, the newspaper said.Bilateral trade last year hit 105.73 billion U.S. dollars despite the global downturn, accounting for more than a quarter of the total China-Europe trade.German officials have said that a large troupe of German businessmen, from sectors such as energy, automobile, finance and retail, are among the members of the delegation led by Merkel, suggesting that trade and economic issues will top the agenda of the visit.

BEIJING, July 22 (Xinhua) -- The central parity rate of the yuan, China's currency Renminbi (RMB), weakened to 6.7859 per U.S. dollar Thursday from 6.7802 per U.S. dollar Wednesday, according to the data released by the China Foreign Exchange Trading System.China's central bank announced on June 19 that it would further the reform of the formation mechanism of the yuan exchange rate to improve its flexibility.

BEIJING, July 26 (Xinhua) -- The Ministry of Health on Monday publicized a draft revision of the national standard of iodine content in edible salt, in which it stated the upper limit should be lowered by half.The average iodine content would be reduced to between 20-30 mg per kg of edible salt, from the current 20-60 mg, according to the draft.Iodine intake was "excessive" in five provinces and "above normal" in 16 other provinces, although the national level was "acceptable," the ministry said Monday in a statement explaining the revisions.Members of the public are invited to make submissions on the draft revision to the ministry via fax and email before Sept. 12.The ministry said earlier this month iodized salt was still essential in China as benefits of it still outweighed the negatives, citing the results of a nationwide risk assessment on iodine intake.The assessment was carried out in response to claims by media and medical experts that people in some regions, coastal areas in particular, were taking in excessive amounts of iodine.Since 1996, iodine has been added in salt across the country because in most parts of the country, the average diet is iodine deficient.Both iodine deficiency and excessive intake can lead to thyroid diseases.

来源：资阳报