Having registered stable growth in both revenue and profit in the first half of the year, China"s central State-owned enterprises are expected to do an encore in the second half, experts and business leaders said on Monday. Data from the State-owned Assets Supervision and Administration Commission showed on Saturday that combined revenue of central SOEs totaled 19.2 trillion yuan ($2.85 trillion), up 12 percent year-on-year, which generated total gross profit of 1.40 trillion yuan, up 7 percent, and total net profit of 1.08 trillion yuan, up 6 percent. Analysts said the figures reflect further improvement in the development quality of

A new luxury passenger ship built by Guangzhou Shipyard International Co for Denmark's Det Forenede Dampskibs-Selskab will leave Guangzhou for Europe within the week. The vessel, which was delivered on Thursday is expected to operate between ports along the Baltic Sea in Europe. "I am happy to take over the ship, and I hope it will soon enter service," said Steen Haurum, a DFDS representative at Guangzhou Shipyard. Zhou Xuhui, vice-president and senior engineer of Guangzhou Shipyard, said the vessel incorporates new-energy systems and emission-reducing green technologies. More than 90 percent of the interior materials were made domestically, he said.