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BEIJING, June 12 (Xinhua)-- The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year on year to 8.13 billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Saturday.The figure brought the country's FDI to 38.92 billion U.S. dollars in the first five months, an increase of 14.31 percent from a year earlier.Yao said that in the first five months, FDI mainly flowed into the manufacturing sector, accounting for 47.32 percent of the total, despite a fall of 3.85 percent in the amount.The service sector saw actual inflow of the FDI up 32.05 percent from a year earlier, while FDI in the primary sector, including farming, fishery and forestry, rose 85.49 percent year on year, which accounted for 1.63 percent of the total FDI in the first five months.China approved the establishment of 9,638 overseas-funded ventures in the first five months, up 22.15 percent from the same period of last year.In May alone, the government approved 2,132 such companies, representing a year-on-year increase of 29.29 percent.

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.

BEIJING, June 9 (Xinhua) -- Chinese police will begin a special four-month campaign to crack down on the production and use of counterfeit automobile license plates on Thursday.Police around the country will target trade in fake license plates, registration papers and other license plate-related crime, the Ministry of Public Security said Wednesday in a statement on its website.Violators sometimes forge license plates for military and government vehicles to enjoy privileges like free expressway charges.Some drivers use stickers to cover their license plates to cheat police.The campaign will begin June 10 and finish Oct. 10.Police carried out similar campaigns during the 2008 Beijing Olympic Games and the National Day holidays in 2009 to create better traffic conditions.Statistics with the ministry show police nationwide seized about 267,000 counterfeit license plates in the 2008 campaign and 183,000 fake plates in the 2009 campaign.

BEIJING, June 14 (Xinhua) -- China on Monday urged the United States political figures to stop blaming others for U.S. economic problems and to solve the problems themselves, as pressure on the Renminbi exchange rate mechanism builds."It's unreasonable to politicize the RMB exchange rate issue or engage in trade protectionism against China under the guise of the exchange rate issue. Doing so will only harm both sides," Foreign Ministry spokesman Qin Gang commented in response to some U.S. politicians' remarks on the Renminbi exchange rate issue.U.S. Treasury Secretary Timothy Geithner said at a congressional hearing last Thursday China's refusal to revalue its currency impedes global economic reforms -- even as he highlighted the importance of U.S.-China trade and hailed the recent growth of Chinese imports of U.S. products.Some U.S. congressmen have said they will soon push for a trade sanctions bill targeting countries "whose currency exchange rate is not equal to fair value.""We agree with the remarks China-US trade is very important. The trade is mutually beneficial and win-win in nature," Qin said.China does not intend to pursue trade surpluses and is actively increasing its imports from the United States to push for sound and balanced trade ties, he said.In the first quarter of this year, U.S. exports to China surged by 50 percent year on year but less than 20 percent to other regions, according to Geithner.

BEIJING, Aug. 13 (Xinhua) -- Chinese Vice Premier Li Keqiang said Friday that the government would continue to regulate the housing market and resolutely crack down on speculative property investment and other unreasonable market demands.He said the government would continue to increase the supply of affordable housing for low-income families in order to consolidate the effects of the regulation over the past months.He pledged to ensure healthy development of the real estate industry and improve people's living conditions.Inspecting a low-rent housing site in Beijing, Li urged the municipal government to offer preferential policies in the areas of investment, land, and taxation to quicken the construction of affordable housing.He said that the affordable housing program should be transparent and fair in order to allow mid-and-low income residents to benefit.In the face of skyrocketing housing prices, the Chinese government has ordered a stringent credit policy to restrict speculative purchases and has increased spending to build affordable housing.Housing prices in major Chinese cities rose 10.3 percent year-on-year in July, slower than the 11.4 percent growth in June, the National Bureau of Statistics said on Tuesday.