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BEIJING, June 30 (Xinhua) -- Chinese Vice President Xi Jinping on Tuesday called for members of the Communist Party of China (CPC) to continue to work toward the benefit of the people they serve.     Xi, also member of the Standing Committee of the CPC Central Committee Political Bureau, made the remarks in a meeting with outstanding representatives of CPC members here on Tuesday, one day ahead of the CPC's 88th birthday.     He urged CPC members to serve the people heart and soul, consider their public when making decisions and embrace law and justice in their work.     CPC members should keep close contact with their public, serving them and creating benefits for them, he said. Chinese Vice President Xi Jinping (C), also member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, speaks in a meeting with outstanding representatives of CPC members in Beijing, China, June 30, 2009, one day ahead of the CPC's 88th birthday. He Guoqiang, member of the Standing Committee of the CPC Central Committee Political Bureau, also attended the meeting    All CPC members should constantly upgrade their ability to work for the Party and the people through diligent study and face challenges head on to help shoulder party responsibilities, he added.     CPC members are also required to maintain positive moral images.     He Guoqiang, member of the Standing Committee of the CPC Central Committee Political Bureau, also attended the meeting.

BEIJING, June 2 (Xinhua) -- The China Investment Corporation (CIC), the country's sovereign wealth fund, announced Tuesday that it decided to buy 1.2 billion U.S. dollar common stocks in Morgan Stanley's 2.2-billion-U.S.-dollar common stock offering.     Morgan Stanley announced Tuesday it had priced a public offering of common equity of 2.2 billion U.S. dollars. The proceeds are intended to fully redeem the preferred capital of the Troubled Asset Relief Program (TARP) before the end of June.     The TARP is a program of the United States government to purchase assets and equity from financial institutions in order to strengthen its financial sector. It is the largest component of the U.S. government's measures in 2008 to address the subprime mortgage crisis.     Morgan Stanley notified the CIC of the offering in light of its healthy business relationship with CIC and the preemptive rights CIC holds. CIC plans to participate in this offering, according toa notice on its Web site.     CIC was optimistic in Morgan Stanley's future development as "Morgan Stanley is widely expected to be able to leverage on its strengthened financial position and will be on the road of resuming its successful trajectory amid the dramatic restructuring of the international financial services industry".     On December 19, 2007, CIC purchased 5.6 billion U.S. dollars mandatory convertible securities into Morgan Stanley common stock, representing approximately 9.86 percent equity ownership in Morgan Stanley.     However, after Mitsubishi UFJ Financial Group, Inc.'s investment in Morgan Stanley in October 2008, CIC's equity ownership was diluted to approximately 7.68 percent.     This new purchase would bring CIC's equity ownership in Morgan Stanley back to approximately 9.86 percent, effectively reducing CIC's overall cost basis and increasing the returns potential, said CIC.     According to a statement posted on Morgan Stanley Web site Tuesday, it has priced a public offering of approximately 80.2 million shares of common stock to the public at 27.44 dollars per share.     CIC has agreed to purchase 44.7 million shares of common stock at the public offering price while the Mitsubishi UFJ Financial Group, Inc. has agreed to buy 16 million shares, the Morgan Stanley statement said.

TOKYO, June 9 (Xinhua) -- Chinese Vice Premier Wang Qishan on Tuesday attended an unveiling ceremony in Japan for Haibao, the mascot of the 2010 Shanghai World Exposition.     "We will try to hold a successful, splendid and unforgettable Expo, building a bridge of communication, understanding and cooperation for the people of China, Asia and other nations of the world," Wang said in Aichi Prefecture, where Japan held an Expo in 2005. Masaaki Kanda (L), governor of Aichi Prefecture, presents the mascot of the 2005 Aichi World Exposition "Kiccoro" to Chinese Vice Premier Wang Qishan in Aichi Prefecture, Japan, June 9, 2009Wang said his trip to Aichi was aimed at learning from Japan's experience in holding such expositions and making the Shanghai Expo better known.     Masaaki Kanda, governor of Aichi Prefecture, who also attended the ceremony, said the Japanese are looking forward to the Shanghai Expo.     He expressed his belief that the exposition will be a success and as splendid as the 2008 Beijing Olympics.     Wang arrived in Aichi Prefecture after attending the second China-Japan high-level economic dialogue in Tokyo. Chinese Vice Premier Wang Qishan (front, L) talks with Executive Vice President of Toyota Motor Corp. Akio Toyota (front, R) in Aichi Prefecture, Japan, June 9, 2009. Wang Qishan visited the Toyota Motor Corp. on Tuesday

BEIJING, May 10 (Xinhua) -- China and Kuwait signed five agreements here on Sunday in an effort to further the bilateral relations to a higher level.     The agreements covered fields of energy, finance, telecommunication, transportation and education, according a press release from the Chinese Foreign Ministry. However, the press release does not give details about the agreements, only emphasizing they are among the positive steps to push foreword the bilateral relations.     Chinese President Hu Jintao and visiting Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah witnessed the signing ceremony after they conferred on the bilateral ties and other issues of common concern. Chinese President Hu Jintao (L) and visiting Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah review the guard of honor during a welcome ceremony in Beijing, capital of China, on May 10, 2009    During the talks, Hu highlighted the growth of the relations since the two countries forged diplomatic 38 years ago and offered a three-point proposal to cement the bilateral cooperation in the various fields.     He called on the two sides to cement political mutual trust and maintain the high-level exchange and give a full play to their economic edges.     Hu suggested the two countries expand their energy cooperation, saying that China is willing to work closely with the Kuwaiti side to establish a long-term and strategic partnership with mutual benefit in the regard of energy, the press release added.     The Chinese President also proposed to promote the bilateral cooperation in other fields such as trade, transportation, telecommunication and engineering, promising that China will encourage its enterprises to invest in and establish their businesses in Kuwait.     Agreeing with Hu's views on the bilateral relations, Emir Al-Sabah said that Kuwait highly values and regards its relations with China as one of the most important foreign relations.     Kuwait is committed to fostering its friendly and cooperative relations with China based on the mutual understanding and trust, Emir Al-Sabah said, calling on the two to intensify their exchange and cooperation on international and regional issues.     The two heads of the state also exchanged views on such issues as Middle East, the press release added.     As Hu's guest, Emir Al-Sabah arrived in Beijing on Sunday afternoon, starting his four-day state visit to China from May 10 to 13.

BEIJING, May 11 (Xinhua) -- China released a detailed three-year plan to stimulate its nonferrous metal industry focused on industrial restructuring and technology innovation, the State Council, or the country's Cabinet, said here on Monday.     The nonferrous metal sector should keep a steady operation in 2009, and achieve a sustainable development by 2011, according to the plan.     The country would encourage regrouping among nonferrous metal companies to sharpen the competitive edge of the whole industry, the plan said.     Three-to-five nonferrous metal corporation would be formed out of industrial reconstructing by 2011 with advanced production capacity and technology innovation capability.     Combined copper output of top 10 domestic producers should take up 90 percent of the country's total by 2011, aluminum output 70 percent, lead 60 percent, and zinc 60 percent, according to the State Council.     The government would also encourage the exploitation of nonferrous metals both at home and abroad, supporting companies to invest in mines overseas -- either on their own or with foreign parties.     The country would help with capital injection and foreign reserve application concerning overseas projects.     The export rebate policy would be a "proper" and "flexible" one to encourage nonferrous products with high technology and high added values, according to the plan.     The State Council also laid out guidelines to eliminate obsolete capacity and digest over capacity. No new project to develop electrolytic aluminum will be allowed in the next three years, the plan said.     The country would put strict control on the production of copper, lead, zinc, titanium and magnesium.     At the same time, China aims to save 1.7 million tonnes of coal and 6 billion KWh of electricity per year, as well as reduce sulfur dioxide by 850,000 tonnes annually as part of industrial upgrading for the nonferrous metallurgy sector.     China was the largest producer and consumer of nonferrous metals with total output of ten major nonferrous metals reaching 25.2 million tonnes and total consumption at 25.17 million tonnes in 2008.     The country's nonferrous metal industry received a severe blow from the global economic downturn after keeping high-speed growth for nearly a decade.     Statistics released by the China Nonferrous Metals Industry Association showed aggregate profit of China's nonferrous metal producers fell 45 percent last year to 80 billion yuan (11.73 billion U.S. dollars).     Along with the support plan for the nonferrous metal sector, the State Council has unveiled stimulus packages for 10 industries since January, such as machinery-manufacturing, electronics and information industries, the light industry and petrochemical sectors.