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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.

BEIJING, Dec. 25 (Xinhua) -- China's top legislature on Saturday ended its six-day bimonthly session, adopting a revision to the country's Law on Water and Soil Conservation in a bid to better protect the nation's environment.The new law has been expected to help reverse China's serious water and soil losses, which are regarded by the Minister of Water Resources as the country's top environmental problem.Wu Bangguo, chairman of the Standing Committee of the National People's Congress, said at the end of the meeting that the revised law on water and soil conservation would be of great significance to improve the country's capacity in disaster-prevention and improve environmental conditions.Wu Bangguo (C), chairman of the Standing Committee of the National People's Congress (NPC), presides over the closing meeting of the 18th session of the 11th NPC Standing Committee in Beijing, capital of China, Dec. 25, 2010.Also, in Wu's speech delivered at the meeting, he said China has increased its support for areas inhabited by ethnic minorities this year and is striving to alleviate rural poverty in those regions.During the bimonthly meeting, members of the NPC's Standing Committee examined the government's report on medical care system reform.Lawmakers at the session also adopted the decision to hold the Fourth Session of the 11th National People's Congress on March 5 next year.On Saturday, the top legislature approved the Cabinet's nomination of Miao Wei as the new minister of industry and information technology and made several other appointments.Miao, 55, replaced Li Yizhong, 65.Chinese President Hu Jintao signed presidential decrees to enact the revised law and the appointments.

BEIJING, Nov. 28 (Xinhua) -- China's top political advisor, Jia Qinglin, attended a ground-breaking ceremony for construction of Beijing Hyundai Motor's third auto plant in Shunyi District in suburban Beijing Sunday. Prior to the ceremony, Jia met with Hyundai Motor Chairman Chung Mong-koo and other guests. China and the Republic of Korea (ROK) have been upgrading relations, as well as political and cultural exchanges, since the forging of diplomatic ties in 1992, Jia noted.Trade between the two countries topped 150 billion U.S. dollars during January-September this year, up 36.7 percent year on year. China has become the ROK's largest trade partner and largest export market, Jia said, adding that the ROK is now China's third largest trade partner. Jia Qinglin (R, front), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Hyundai Motor Chairman Chung Mong-koo (L, front) before attending a ground-breaking ceremony for construction of Beijing Hyundai Motor's third auto plant in Shunyi District in Beijing, Nov. 28, 2010. A joint-venture and subsidiary of Beijing Automotive Industry Holdings and Hyundai Motor, Beijing Hyundai was established in 2002 and manufactures Hyundai-branded automobiles for the Chinese market.While China' s economy has been growing at a stable and relatively fast pace, the automobile industry, a representative pillar sector in China, has shown robust growth and is expected to produce more than 15 million automobiles this year, Jia said.Also, the Chinese government has been encouraging automobile manufacturers to boost their research capacity and production of clean-energy-powered automobiles, seeking higher requirements for Beijing Hyundai in its future development, he said.Facing the new conditions, Beijing city and ROK Hyundai Motor must cooperate closely to improve high-technology and management levels to grasp the opportunities created by the boom in the Chinese automobile sector, he said.Beijing Hyundai's third plant, located in Yangzhen Township in Shunyi District, will have an annual production capacity of 400,000 vehicles when completed in 2012. Hyundai's two plants, also in Shunyi, currently produce a combined 600,000 units per year.

BEIJING, Jan. 8 (Xinhua) -- Just about two months ago, with a few clicks of the mouse, Chen Ying was able to watch her favorite American TV series, The Vampire Diaries or Gossip Girl, online for free.Like Chen, an employee of a foreign-invested company in Shanghai, many U.S. TV series fans in China have little choice but to watch video clips online because domestic cable channels do not broadcast copyrighted ones. Some even volunteer to upload clips onto video-sharing websites without any charges.But now Chen can rarely find such unauthorized online videos of foreign TV series.In November 2010, the State Administration of Radio, Film and Television (SARFT) announced a ban on any forms of trading and supplying unauthorized foreign TV series.Along with the ban, the Ministry of Culture launched a six-month nationwide crackdown on counterfeiting in October to halt the theft of intellectual property rights (IPRS) and promote public awareness in IPRS protection.In response, China's major video-hosting websites, including Youku.com, Tudou.com and Ku6.com, removed unauthorized foreign TV series videos.A podcastor, using an online name "Xueselaoxie" on the Nasdaq-listed Youku.com, said some 7,000 unauthorized videos of American TV series he had uploaded were deleted by the website in one night.To fans of foreign TV series, the ban might be a nightmare. But to the country, it was an important step in fighting IPRS infringement, said Li Yongqiang, assistant to CEO of Beijing Baofeng Inc., a provider of online video-hosting service.Similar regulations were issued earlier. But never had they received as many reactions as did this one, Li said."I checked some portals after the ban became effective. Some websites removed all the unauthorized videos of American TV series in just one night," Li said."I believe the entire online video-sharing industry had realized the importance of a healthy development environment, and people's awareness of IPRS will be raised," Li said.Following the order from the central government, many provinces beefed up their efforts in cracking down on online IPRS infringement.In northeast China's Jilin Province, the provincial copyright administration shut down two websites, o2sky.com and imdj.net, after they were found illegally providing unauthorized videos of South Korean movies.The ban has resulted in a reshuffle of online video-sharing industry in China, with major domestic websites gearing up to offer copyrighted imports of TV series and films.Sohu TV offered many copyrighted online videos of American TV series, including Gossip Girl, the Big Bang Theory and Nikita, after signing agreements with Warner Bros..Youku.com signed agreements with three major South Korean TV stations - MBC, KBS and SBS. It has also purchased rights from Warner Bros. to stream the hit movie "Inception," and charged five yuan (about 75 U.S. cents) for each view.Additionally, Tudou.com is trying to produce its own films and TV series."From website operators to video producers, content copyright has become more crucial to the survival of video portals," said Li Shanyou, CEO of Ku6.com."It's good to protect IPRS, but I would still like to watch the TV series online for free," said Cui Shan, a citizen of Changchun, capital city of Jilin Province."Definitely there are markets for foreign TV series or movies in China," Cui said. "I think those websites should import more copyrighted movies and keep offering them at a low price to win markets."China now has more than 200 million video website users and the market is growing, said Li Yongqiang. More paid online video programs will emerge as the cost of importing authorized films and TV programs rises.Li said it is likely that video-sharing websites join hands to import copyrighted programs from overseas in order to lower the cost of watching TV series online."But after all, the spirit of the Internet is to share resources. So as China's online video industry becomes more regulated, more resources should be encouraged to be shared for free on the Internet, " Li said. 

SINGAPORE, Nov. 14 (Xinhua) -- Visiting Chinese Vice President Xi Jinping met here on Sunday with Singapore Minister Mentor Lee Kuan Yew, vowing to elevating bilateral ties into a higher level.During the meeting, Xi spoke highly of Lee Kuan Yew's contribution to the development of the relations between China and Singapore.Xi said Singapore has actively participated in and supported China's drive of reform and opening up and its modernization construction, and China has learned from Singapore's experience in various aspects.Xi noted that the Suzhou Industrial Park, initiated by Lee Kuan Yew, has become a successful model for joint cooperation of mutual benefits, it has also embodies China's determination and eagerness to learn.Chinese Vice President Xi Jinping (L front) meets with Minister Mentor of Singapore Lee Kuan Yew in Singapore, Nov. 14, 2010.Looking ahead, Xi said the Chinese side attaches great importance to its cooperation with Singapore, hoping to smoothly implement cooperation projects.The Chinese side is willing to join hands with the Singapore side to lift the political trust, cooperation and communication between the two sides into a higher level, Xi said.The vice president also told Lee that China is still a developing country despite that it has scored marked social and economic development.He said China will continue to adhere to its good-neighborly foreign policy, seek substantial cooperation with its neighboring countries and dedicate to forging a peaceful, steady and cooperative environment in the region.Lee, on his part, spoke highly of China's remarkable achievements and the good momentum of the Singapore-China relations.Lee, who has visited China for many times, said it is of vital importance for the two sides to maintain close cooperation and learn from each other.