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BEIJING, Oct. 24 (Xinhua) -- China has a total number of 2,971 company groups by the end of 2008 and their combined assets rose 19.7 percent from the previous year to more than 40 trillion yuan (5.86 trillion U.S. dollars), the China Industrial Information Issuing Center said Saturday.     Corporate management of these company groups is improving, according to the center.     Affected by the global financial crisis and economic slowdown, profit of these company groups decreased by 22.5 percent in 2008 year on year, the first annual drop since 1997, said the center without giving specific figures.

BEIJING, Nov. 16 (Xinhua) -- Xiao Wu, now a student at Oxford University, recalls her life in Britain started off with "depression" six years ago in a renowned board school.     Fresh from China, the reality of the new country failed to meet her expectations.     "I was disappointed to find many of my British classmates just spent plenty of time on parties, instead of study," Xiao Wu says, a straight-A student in China, who struck her teachers and peers as "extraordinarily diligent."     It has taken her long to come to terms with the fact that British students just could be academically excellent as well without "excess hardworking" that was often held dear by their Chinese peers, she says.     "It seems that they could better balance school work and entertainment than most of us," she says.     But for younger Chinese, such culture shock is much less likely as they increasingly share a common international culture and make friends abroad.     Ding Kaiyan, 15, recalls making friends with Ayumi Saito during the latter's school excursion in China in August, 2008.     "We are both veteran players of Popcart (a popular racing game designed in South Korea), fans of NEWS (a Japanese boy band), and lovers of literature," she says. "Although I had not fully mastered Japanese, we hit it off at our first meeting."     One year later, Ding called on Ayumi Saito in Japan's Toyama Prefecture. Before her trip, Ding had glimpsed Japanese pop culture and customs through her Japanese teacher, Matsushita Hiroshi, and on the Internet.     Ding is one of dozens of students at the Northeast Yucai School, in the northeastern Liaoning Province, who have traveled to Japan to meet children their own age over the past six years.     "Globalization is a buzzword for scholars, but for children it just means how they live their lives," said Professor Shi Jinghuan, executive dean of the Institute of Education of the Tsinghua University.     Their favorite foods, clothes and pop stars and cartoon characters can come from any corner of the world, and many of them start to speak English at kindergarten, she says. "That may explain how they develop familiarity.     "The media, especially the Internet, have presented children all over the world with a colorful global village, and brought them closer," she says. "As long as you want to know, the information is at your fingertips."     Shi Junhao, 10, a fifth-grader at Beijing Fangcaodi International School, has just finished a six-week school trip to the U.K. with eight other students.     He made friends with Oliver after establishing that they shared a lot in common. "We were partners on the basketball court, and we both like U.S. President Obama," he says.     In the past four years, about 400 students from Fangcaodi International School have traveled abroad and more than 3,000 others had contact with foreign peers, says Yang Yuan, a teacher at the school. "Our children have shown strong interest in knowing more about the rest of the world."     "For toddlers, smiles and eye contact are enough to initiate friendship," says Cindy Li, a teacher at the SMIC School and Kindergarten in Shanghai, which has 1,800 students from 22 countries and regions, and about 100 foreign teachers.     Respect for other cultures and smashing stereotypes are crucial steps for nurturing open minds in children, says Professor Shi Jinghuan.     Understanding, respect and tolerance can cement friendships between children from all ethnic groups, says Shi.     "Children should know that being different isn't bad."

CAIRO, Dec. 3 (Xinhua) -- China and Africa look forward to deepening cooperation in various fields, especially science and technology, industry, agriculture and environment, said Egyptian and Chinese officials at a science and technology expo, which opened here on Thursday.     In the opening ceremony of China Exhibition on Innovative Technologies and Products in Egypt, Minister of Higher Education and the State for Scientific Research of Egypt, Dr. Hani Hillal, said that his country reaffirms the support for scientific and technological cooperation between China and Africa.     "China exhibition is an important forum to know more about the progress China has reached in scientific and technological fields, and it is also an important forum for the convergence of scientists and researchers with the men from industry and innovation," Hillal added.  An electric vehicle is on display during an exhibition showcasing Chinese innovative technologies and products in Cairo, capital of Egypt, on Dec. 3, 2009. More than 180 new technologies and products with Chinese proprietary innovations highlighted the three-day exhibition, kicking off here on Thursday    "Egyptian-Chinese relations are steadily growing and several weeks ago Egyptian President Hosni Mubarak and Chinese Premier Wen Jiabao opened the 4th ministerial conference of the Forum on China-Africa Cooperation (FOCAC)," said Magid George, Egypt's Minister of State for the Environment.     George said that the expo is an important event to present Chinese technology to African and Arab countries because China is considered a leading nation in development, expressing hope that the exhibition will provide an opportunity for the countries to get acquainted with progress in technology and innovation amid great challenges.     This exhibition is held in line with the eight measures announced by Chinese Premier Wen Jiabao during the 4th ministerial conference of FOCAC held last month in Sharm el-Sheikh to promote technological cooperation between China and Africa, said Special Representative of the Chinese Minister of Science and Technology Zheng Guoan, noting that it could transfer technological expertise and experience to African countries.     "This exhibition is part of a technological partnership program aimed at strengthening China-Africa relationship and helping African countries raise the technological capability," he added.     The Chinese Ambassador in Cairo, Wu Chunhua, pointed out that China is the largest developing country in the world and Africa has the most developing countries in the world, stressing that such cooperation would benefit both sides.     "This exhibition is a good platform and mechanism to achieve mutual understanding between China and Africa," he added. Visitors view Chinese subway train models during an exhibition showcasing Chinese innovative technologies and products in Cairo, capital of Egypt, on Dec. 3, 2009.The China Exhibition on Innovative Technologies and Products in Cairo, held from December 3 to 5, is cosponsored by the Ministry of Science and Technology of China and the Ministry of Higher Education and Scientific Research of Egypt and organized by China Science and Technology Exchange Center and the Torch High Technology Industry Development Center.     The event aims at promoting science and technology and trade flow between China and Egypt as well as other African countries, and boosting the mutual understanding and friendship between the Chinese and African people.     Representatives from nearly 150 research institutes, universities, producers and science and technology agencies from 19 Chinese provinces attended the exhibition.

SHANGHAI, Nov. 16 (Xinhua) -- Shanghai Party chief Yu Zhengsheng met visiting U.S. President Barack Obama Monday, the second day of his China trip.     Shanghai played an important role in the history of Sino-U.S. relations. The signing of the Shanghai Communiqué in 1972 marked the normalization of the bilateral ties, said Yu, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the CPC Shanghai Municipal Committee.     Yu said Obama's visit would be conducive to the dialogue, communication and cooperation between the two countries.     Yu expressed the hope to strengthen cooperation with the U.S. on advanced manufacturing industry, modern service industry and green economy. U.S. President Barack Obama(L1) meets with Yu Zhengsheng(R1), member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the CPC Shanghai Municipal Committee, at the Xijiao State Guest House in Shanghai, Nov. 16, 2009Obama said he was impressed with Shanghai's rapid development and hoped to enhance cooperation on the sectors of finance, trade and clean energy. He also wanted to promote the communication between Shanghai and its two friendly cities Chicago and San Francisco.     Obama left Shanghai for Beijing Monday afternoon after having a dialogue with Chinese students.     Obama arrived in Shanghai Sunday night to start a four-day state visit to China. This is his first China tour since taking office in January.

BEIJING, Oct. 31 (Xinhua) -- China's top legislature closed Saturday its five-day bimonthly meeting, adopted a law on diplomatic personnel and appointed a new minister of education.     The legislation, aiming to enhance diplomatic personnel management, is the first of its kind to regulate Chinese government agents working in the 171 countries with which China has diplomatic ties.     Top legislator Wu Bangguo said the law clarified diplomats' duties and obligations as well as titles and ranks, which was "conducive to the implementation of the country's independent foreign policy."     Wu presided over the 11th meeting of the Standing Committee of the 11th National People's Congress (NPC), the top legislature.     The session also deliberated a draft amendment to the Electoral Law, which was enacted in 1953. Lawmakers considered granting equal representation in people's congresses to rural and urban people. Wu Bangguo, chairman of the Standing Committee of China's National People's Congress (NPC), the country's top legislature, presides over the closing meeting of the 11th meeting of the 11th NPC Standing Committee, in Beijing, Oct. 31, 2009. Wu delivered a speech at the meetingThe draft amendment echoed Communist Party of China (CPC) Central Committee General Secretary Hu Jintao, who proposed in a report to the 17th CPC National Congress in October 2007 that rural and urban areas should have equal rights in election of lawmakers.     Wu said the revision was in line with the spirit of the 17th Party congress and the conditions of the country's economic and social development.     It ensured equal representation among people, regions and ethnic groups.     He said the draft amendment to the Electoral Law would be submitted to a bimonthly session in December and a NPC plenary session in March next year for a second and third reading.     Wu also reviewed the NPC's supervisory work this year, especially on the 4-trillion-yuan, two-year stimulus package announced by the central government last November to revive the economy during a global economic slowdown.     The meeting also announced the appointment of two senior officials.     Yuan Guiren, in replacement of Zhou Ji, was appointed minister of education.     Li Xiaofeng was appointed chief procurator of the military procuratorate under the People's Liberation Army to replace Gao Laifu.     At the session, lawmakers also ratified a bilateral treaty on civil and commercial judicial assistance with Brazil.