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BEIJING, Nov. 16 (Xinhua) -- Foreign direct investment (FDI) into China rose for the 15th consecutive month in October, indicating China remains a favored investment destination for foreign businesses.Inbound FDI increased 7.86 percent year on year in October to 7.663 billion U.S. dollars, the Ministry of Commerce (MOC) said Tuesday.The October figure means inbound FDI for the first 10 months of the year totaled 82.003 billion U.S. dollars, a year-on-year increase of 15.71 percent.MOC spokesman Yao Jian said at a press conference China remains a hot spot for foreign investors.Foreign businesses have begun to shift their investments from export-orientated sectors to domestic market-orientated businesses because of China's improved legal system and its expanding market, he said.In the first 10 months of the year, the manufacturing sector received 47.59 percent of FDI inflows while the services industry got 45 percent.A total of 21,181 foreign-invested enterprises were approved for establishment during the 10-month period, up 16.62 percent from a year earlier.In September inbound FDI grew 6.14 percent year on year.The acceleration in the rate of inbound FDI growth was due to the U.S.'s second round of quantitative easing, some analysts explained.Yao denied the link but said the Chinese government is keeping an eye on liquidity.

YOKOHAMA, Japan, Nov. 13 (Xinhua) -- Chinese President Hu Jintao put forward a proposal for promoting economic growth in the region at the 18th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) forum here on Saturday.At a separate session of business leaders, Hu urged the international community to fully appreciate the difficulties and challenges of emerging markets while acknowledging their contribution to world development.China is firmly committed to peaceful development, and strives for common development of all nations while pursuing its own, he said.The Chinese president also met Japanese Prime Minister Naoto Kan on the sidelines of the APEC meeting.Chinese President Hu Jintao attends the 18th Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) in Yokohama, Japan, Nov.13, 2010.PROPOSAL FOR PROMOTING GTOWTH IN ASIA-PACIFICHu put forward the proposal for promoting sound and fast economic growth in the Asia-Pacific region after the meeting opened in the afternoon.In the five-point proposal, Hu firstly called on the APEC economies to promote balanced growth to facilitate long-term economic development.They should should seek balanced growth both within a member economy and among all member economies, he said."We should increase input to help developing members achieve their full potential and narrow the North-South gap," Hu said.He called on APEC members to move toward a more rational division of labor, a more balanced financial and trade structure, more efficient allocation of resources and more equitable sharing of benefits.Secondly, Hu said the APEC members should advocate inclusive growth to boost the internal dynamism of economic development."The aim is to get people involved in development, protect their interests and enable them to benefit from development," he said.Thirdly, Hu called on the APEC members to bolster sustainable growth.He proposed that China hold the first APEC Forestry Ministerial Meeting to advance region-wide cooperation on forestry. He also called for closer cooperation on the APEC Low-Carbon Model Town Project.Fourthly, Hu said it was necessary to encourage innovative growth.The president asked the APEC members to facilitate the cultivation and movement of innovative and high-skilled people, who could provide strong human capital and scientific and technological support for economic development, and promote a shift toward innovation-driven growth."Developed members of APEC should scale up technology transfer and help developing members build capacity for innovative growth," Hu said.Fifthly, Hu said APEC members should work to ensure secure growth to protect the results of economic development, calling for furthering exchanges and cooperation in counter-terrorism, disaster prevention and reduction, food security, energy and resources security and public health.The annual Economic Leaders' Meeting is the top decision-making body of the APEC forum. The theme for this year's meeting is "Change and Action."

GUANGZHOU, Dec. 15 (Xinhua) -- China will increasingly promote the use of clean energy, since the country's energy needs are expected to increase by an equivalent of 2 billion tonnes of coal in the next decade, said Dai Yande, an official of the National Development and Reform Commission Tuesday during the 2010 Asia Energy Forum in Guangzhou City."China will use the lever of price to increase the demand for new energy," Dai said, "We will increase the share of non-fossil fuels in energy consumption to 15 percent by 2020.""We will increase the installed capacity of nuclear power to 80 million kilowatts and hydroelectric power to 400 million kilowatts by the end of 2020," Dai added.Further, China's major export hub Guangdong Province will invest 10 billion yuan (1.5 billion U. S. dollars) in green energy development in the next five years, said Li Chunhong, an official from the local government of Guangdong.By 2010, the capacity of nuclear power in Guangdong will reach 24 million kilowatts, and new energy will account for 30 percent of the total energy consumed, Li said.Opened on Dec. 13 in Guangzhou City, capitial of Guangdong Province in south China, the two-day forum provides a platform for experts and officials from around Asia to discuss regional cooperation in developing green energy.The first Asia Energy Forum was successfully held in Guangzhou in August 2009, and the forum is to be held annually in Guangzhou.

CHANGSHA, Dec. 30 (Xinhua) -- A former Party discipline chief in a central China city was executed Thursday after being convicted of multiple counts of crime, said a local court.Zeng Jinchun, former secretary of the Chenzhou Municipal Commission for Discipline Inspection of the Communist Party of China (CPC) and vice secretary of the CPC Chenzhou Municipal Committee, was executed by shooting, said a statement from the Intermediate People's Court of Changsha City, capital of the central China's Hunan Province.Zeng was found guilty of taking more than 31 million yuan (about 4.7 million U.S. dollars) in bribes alone or along with others since the latter half of 1997 through to September 2006, said the court source.In return, he gave the bribers mine contracts and job promotions.Zeng had assets worth around 9.5 million yuan which he couldn't account for.He was sentenced to death by the Intermediate People's Court of Changsha City in November 2008 for accepting bribes and failing to account for his assets.The Hunan Provincial Higher People's Court rejected Zeng's appeal in July 2009. The Supreme People's Court had approved the death sentence handed down to Zeng, said the statement.

BEIJING, Dec. 13 (Xinhua) -- China's top legislature said Monday in a statement that it will continue discussing a draft amendment to the Criminal Law, which proposes tougher punishments for those involved in organized crime and drink-driving.Members of the National People's Congress (NPC) Standing Committee will discuss the draft amendment at an upcoming bi-monthly session scheduled for Dec. 20-25, according to a statement issued after a meeting of the chairman and vice-chairpersons of the NPC Standing Committee, presided over by chairman Wu Bangguo.The legislature conducted the first reading of the draft amendment in August.Wu Bangguo (C), chairman of the Standing Committee of China's National People's Congress (NPC), presides over the 54th chairpersons' meeting of the 11th NPC Standing Committee at the Great Hall of the People in Beijing, capital of China, Dec. 13, 2010. NPC Standing Committee members will also continue to discuss a draft revision of the Law on Water and Soil Conservation, and to review a law on safeguarding China's intangible cultural heritage.According to the statement, they will consider a bill on a draft resolution to convene the fourth annual session of the 11th NPC.The NPC annual session will examine three reports from the State Council on boosting economic and social development in ethnic minority areas, deepening reform of health care system and stepping up the development of the service sector.