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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 9 (Xinhua) -- China here on Friday urged the involved parties to "flip over the page" of the Cheonan warship sinking incident and restart the six-party talks on the nuclear issue of the Korean Peninsula as soon as possible.Foreign Ministry spokesman Qin Gang made the comment after the United Nations (UN) Security Council released a presidential statement on the incident Friday night.Qin said the Security Council statement has noticed both the findings of the joint investigation submitted by the Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK)'s declaration that it had nothing to do with the incident. X The statement has also encouraged the settlement of the outstanding issues on the Korean Peninsula by peaceful means and the resumption of direct dialogues and negotiations between the DPRK and the ROK, Qin said."We hope the involved parties continue to maintain calm and restraint, and take this opportunity to flip over the page of the Cheonan incident as soon as possible. We call for an early resumption of the six-party talks and joint efforts to maintain peace and stability on the Korean Peninsula," Qin said.On March 26, ROK Navy frigate Cheonan, with 104 crew members aboard, went down off the ROK island of Baekryeong due to an explosion. Forty-six sailors were killed.Seoul said after completing an investigation that the warship was torpedoed by the DPRK, but Pyongyang has denied its involvement in the incident.The ROK on June 4 formally referred the case to the UN Security Council.

BEIJING, July 27 (Xinhua) -- China's largest gold producer said on Tuesday its operating profits rose by three fold to 1.55 billion yuan (228.09 million U.S. dollars) in the first six months this year.China National Gold Group Corp. said in a statement that its first-half revenue grew by 98 percent from a year earlier to 27.67 billion yuan and expected its full-year revenue to reach 50 billion yuan.At the end of June, the gold producer had 1,250 tonnes of gold reserves, eight million tonnes of copper reserves and 1.6 million tonnes of molybdenum, according to the statement.In the first half of 2010, the company added a total of 24.7 tonnes of gold, 683,000 tonnes of copper and 445,000 tonnes of molybdenum to its reserves, said the statement.The company had improved its development strategies through conducting merge and acquisitions, integrating regional resources and exploring overseas, said Sun Zhaoxue, general manager of the gold producer.

NANNING, Aug. 23 (Xinhua) -- Six people were killed and eleven others injured in an explosion at an illegal private firecracker factory in south China's Guangxi Zhuang Autonomous Region, local police said Sunday.The blast hit the factory in a village in Lingshan County, Qinzhou City at about 6 p.m. Sunday, the police said. The cause of the explosion is being investigated.Two people were killed on the spot while four injured died in the hospital after treatments failed.Police said they have arrested a suspect surnamed Lao.Authorities have ordered a city-wide crackdown on unlicensed firecracker factories following the incident.

BEIJING, July 16 (Xinhua) -- Senior Chinese leader Li Changchun, Friday urged the Chinese automobile industry to enhance indigenous technology and foster domestic brands while visiting an auto technology show here.At the China Achievements Expo for Self-innovated Auto Technology and Products, Li Changchun said boosting innovative capacity was pivotal to economic restructuring and shifting the economic growth pattern.Li, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, said respect for innovation and talent should be the norm.The auto show, which runs from Thursday to Monday, features more than 140 cars from 16 Chinese companies. It is the first auto show ever to feature Chinese home-made and home designed vehicles only.A fifth of the vehicles on display are either energy efficient cars or cars fueled by new energies.The auto show is co-organized by China-Europe Association for Technical and Economic Cooperation (CEATEC) and the China Automobile Dealers Association.