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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, Jan. 3 (Xinhuanet) -- Chinese scientists have made a breakthrough in spent fuel reprocessing technology that could potentially solve China's uranium supply problem, Chinese television reported on Monday.The technology, developed and tested at the No.404 Factory of China National Nuclear Corp in the Gobi desert in remote Gansu province, enables the re-use of irradiated fuel and is able to boost the usage rate of uranium materials at nuclear plants by 60 folds."With the new technology, China's existing detected uranium resources can be used for 3,000 years," the China Central Television reported.China, as well as France, the United Kingdom and Russia, actively supports reprocessing as a means for the management of highly radioactive spent fuel and as a source of fissile material for future nuclear fuel supply.This Dec 26, 2008 file photo shows a huge construction site of the expansion project of the two million-kw generating units in the Qinshan Nuclear Power Plant in Haiyan, East China's Zhejiang province.But independent scientists argued that commercial application of nuclear fuel reprocessing has always been hindered by cost, technology, proliferation risk and safety challenges.China has 171,400 tonnes of proven uranium resources spread mainly in eight provinces -- Jiangxi, Guangdong, Hunan, Xinjiang, Inner Mongolia, Shaanxi, Liaoning and Yunnan.China is planning a massive push into nuclear power in an effort to wean itself off coal, the dirtiest fossil fuel. It now has 12 working reactors with 10.15 gigawatt of total generating capacity.China has set an official target of 40 gigawatts (GW) of installed nuclear generating capacity by 2020, but the government indicated it could double the goal to about 80 GW as faster expansion was one of the more feasible solutions for achieving emissions reduction goals.As such, China will need to source more than 60 percent of the uranium needed for its nuclear power plants from overseas by 2020, even if the country moves forward with a modest nuclear expansion plan, Chinese researchers say.

ISLAMABAD, Dec. 17 (Xinhua) -- Chinese Premier Wen Jiabao and his Pakistani counterpart Yousuf Raza Gilani reached extensive consensus here Friday on further strengthening their countries' strategic cooperative partnership."China and Pakistan were, are and will always be good neighbors, good friends, good partners and good brothers," Wen said during his talks with Gilani, citing the profound friendship between the two peoples and the solid foundation of bilateral ties.In order to enhance communication and cooperation between the two "all-weather" strategic cooperative partners, Wen added, Beijing is ready to establish an annual conference mechanism between the two countries' leaders and a regular dialogue framework between their foreign ministers.China appreciates the strong support Pakistan has long been offering on issues concerning China's core interests, and will continue backing Pakistan's efforts in defending national sovereignty, maintaining social stability and achieving independent and sustainable economic development, Wen said.Noting that Pakistan has made huge sacrifice for and important contributions to the global counterterrorism campaign, the Chinese premier said his country is ready to work together with Pakistan to promote regional peace and stability.Meanwhile, a great potential is yet to be tapped in the two countries' practical cooperation, Wen stressed, saying that concerted efforts are needed in this regard to bring more benefits to the two peoples.In a three-point proposal, Wen prioritized the task to help Pakistan rebuild after its nationwide deadly flooding this summer, and pledged to offer assistance in road repair, food production and other relief programs if needed.Additionally, the two sides should consolidate cooperation in infrastructure construction and expand collaboration in trade, investment and financial sectors, Wen added.On the cultural sphere, he proposed to designate 2011 as the Year of China-Pakistan Friendship, co-sponsor activities to celebrate the 60th anniversary of the establishment of diplomatic relations, further broaden people-to-people exchanges, and thus promote mutual understanding and friendship between the two nations.Gilani, for his part, said that China is Pakistan's "best" and "most-trusted" friend, and that his country sincerely thanks China for its valuable support and generous aid.He expressed full agreement with Wen's proposal, saying that Pakistan is willing to join hands with China to beef up top-level contacts and strategic cooperation and pass on the two nations' friendship from generation to generation.The Pakistani side, Gilani said, is confident that with concerted efforts, the Pakistan-China all-weather strategic cooperative partnership will surely reach higher levels.Following their talks, the two leaders witnessed the signing of a number of documents on bilateral cooperation in economy, energy, finance, culture and other areas.Wen arrived here from India earlier in the day for a three-day visit to the South Asian country, where he is also scheduled to address a joint session of the Pakistani parliament and inaugurate the China-Pakistan Friendship Center, a project built to facilitate exchanges among the two countries' students, media and academic circles.

BEIJING, Dec. 16 (Xinhua) -- Chinese State Councilor Liu Yandong met here Thursday with experts of the International Evaluation Committee on National Natural Science Foundation (NSFC)'s Funding and Management Performance.The Chinese government attaches great importance to the development of science and technology as well as the supervision and management of scientific funding, said Liu.She said by implementing the National Outline for Medium and Long Term Science and Technology Development and other supporting policies, China was gradually increasing investment in this area and continuing to promote technological innovation.Inviting prestigious international experts to evaluate the performance of scientific funding and management is very significant for the founding of the performance evaluation system as well as the development and improvement of the scientific funding system, she said.Liu said the establishment of the scientific funding system was a successful trial for the reform of China's science and technology system.She praised the positive role played by the NSFC in the past 25 years and hoped the experts would provide objective analysis and evaluation on the NSFC's Funding and Management Performance.She also asked the NSFC and other relevant departments to create favorable conditions for the experts' evaluation work.

VIENNA, Dec. 3 (Xinhua) -- China remained open to initiatives on the establishment of an international nuclear fuel bank , a senior Chinese diplomat said here Friday. "The International Atomic Energy Agency (IAEA should play an active role in establishing such mechanism, on the prerequisite of maintaining its independence, " said Hu Xiaodi, China's permanent representative and ambassador to the United Nations and other international organizations in Vienna. "China is of the view that the establishment and operation of multilateral mechanism on assurance of nuclear fuel supply involves complex political, economic, technical and legal factors as well as practical interests of all Member States, " Hu told a board meeting of IAEA. Referring to an U.S. proposal on the establishment of an IAEA low-enrichment uranium bank, Hu noted that some IAEA Member States still had concerns on that proposal. "The concerns of relevant states should be taken into full consideration and resolved in order to seek the most extensive support," Hu said. He also said that while the objective of preventing the proliferation of nuclear weapons should be promoted, Member States ' right to peaceful uses of nuclear energy should not be affected.There have been a number of initiatives to establish nuclear fuel reserve banks in recent years.The U.S. proposal envisions a nuclear fuel bank run by IAEA, to which countries could turn to if their regular supplies were cut.However, the plan has met opposition from some developing countries. They worry that a nuclear fuel bank could undermine their right to acquire their own nuclear technology for peaceful purposes. Some countries are also concerned with the possibility of fuel supply being controlled by western powers and used for political purposes.

来源：资阳报