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BEIJING, Oct. 21 (Xinhua) -- Chinese Vice Premier Zhang Dejiang Thursday ordered centrally-administered state-owned enterprises (SOEs) to achieve greater development over the next five years.Zhang also required the SOEs to boost efforts to reform while optimizing industrial structures and reinforcing management.He made the remarks during an inspection tour of the China Electronics Technology Group Co., one of the nation's 122 centrally-administered SOEs.Zhang said the centrally-administered SOEs, as the backbone of China's economy, should focus on increasing their competitive edge while developing hi-tech industries and nurturing their own brands with independent intellectual property rights.During the January-to-September period, the combined net profit of China's centrally-administered SOEs totalled 641.65 billion yuan (96.6 billion U.S. dollars), up 55 percent year on year.

HEFEI, Sep. 4 (Xinhua) -- Innovation in Chinese enterprises is steadily increasing with more patents filed and more funds invested in research and development (R&D), the China Enterprise Confederation (CEC) said Saturday.The top 500 Chinese enterprises possessed 169,000 patents in 2010, up 13.3 percent from last year, according to a report released by the CEC.Among the top 500 companies, 41 had more than 1,000 patents, while 36 companies owned more than 200 patents for innovations, the report said.Chinese enterprises were also investing a larger share of their revenues into R&D.Each of the top 500 firms allocated, on average, 775 million yuan (113.93 million U.S. dollars) into R&D, an increase of 14.4 percent from 2009 and accounting for 1.4 percent of their total revenues, the CEC said.Of the 500 firms, 17 spent more than five percent of their revenues on R&D, while another 60 enterprises invested from five to 10 percent of their revenues into R&D, according to the report.In 2009, China filed 7,946 international patents, up 29.7 percent from 2008 and ranking fifth in the world, according to the World Intellectual Property Organization (WIPO).

BEIJING, Oct. 15 (Xinhua) -- Foreign direct investment (FDI) in China in September rose 6.14 percent year on year to 8.384 billion U.S. dollars, bringing the country's FDI inflow for the first nine months back to pre-financial crisis level.The September figure brought the total amount for the first nine months of this year to 74.34 billion U.S. dollars, rising 16.6 percent year on year, spokesman with the Ministry of Commerce (MOC) Yao Jian said Friday at a press conference.The January-September FDI figure suggested China's FDI inflow had returned to pre-crisis level, Yao said.According to MOC statistics, China received 74.37 billion U.S. dollars of FDI in the first nine months of 2008.The September FDI increase quickened from the year-on-year growth of 1.38 percent in August.The stable increase in China's FDI inflow was mainly boosted by the country's strong economic momentum, said Lu Zhengwei, chief analyst at the Industrial Bank.Although China's economic growth had eased, it was still strong, Lu said.China's GDP increased 10.3 percent year on year in the second quarter of this year, decelerating from first quarter's 11.9 percent. The National Bureau of Statistics is scheduled to release economic data for the third quarter next week.China's manufacturing sector received 47.6 percent of FDI inflow in the first nine months, while services industry got 45 percent, Yao said.A total of 19,209 foreign-invested enterprises were approved for establishment during the period, up 17.5 percent from one year earlier.Yao expected China's FDI inflow to hit 420 billion U.S. dollars in the country's 11th Five-year Plan (2006-2010) period, which was 1.5 times as much as that in the 2001-2005 period. This would make China the world's second largest destination for FDI.During the first nine months, China's outbound investment, excluding the financial sector, totaled 36.27 billion U.S. dollars, up 10.4 percent, he said. Some 30.9 percent of the investment outflow was for acquisitions of companies.

TIANJIN, Sept. 14 (Xinhua) -- China could meet the full-year inflation target of 3 percent if macro-control policies were effective, a senior economic planner said Tuesday at the World Economic Forum's annual Summer Davos meeting."China has paid high attention to managing inflation expectations by stepping up macro-controls this year," said Zhang Xiaoqiang, deputy director of the National Development and Reform Commission."If managed well, the full-year target of consumer price index of around 3 percent is still attainable," he said.The CPI climbed to a 22-month-high of 3.5 percent in August because of rises in food and fuel prices and a low comparison base.Food prices are likely to remain within reasonable range after macro-control and there is still room for industrial products to fall due to heated competition, Zhang said.The chance is also small for import prices of commodities to experience a dramatic rise again in the rest of the year after earlier retreating, he said.

BEIJING, Sept. 19 (Xinhua) -- Chinese Vice Premier Zhang Dejiang said Sunday China should vigorously promote the peaceful use of nuclear energy and strengthen its self-innovation to ensure the sound, fast and safe development of China's nuclear industry.Zhang made the remarks at a nuclear work conference in Beijing. He affirmed the achievements that China's nuclear industry has accomplished and the contribution it has made to the country's national defense and social and economic development in the past 55 years.Zhang also said China should increase efforts to boost the safe and peaceful use of nuclear technologies.The country should introduce advanced nuclear technologies developed abroad and strengthen cooperation and communication with leading nuclear companies, he said.Zhang also said China should improve its self-innovation capacity and accelerate the translation of technological results into real-life productivity.