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BEIJING, Jan. 18 (Xinhua) -- Foreign direct investment (FDI) into China hit a record 105.74 billion U.S. dollars last year, up 17.4 percent year on year, the Ministry of Commerce (MOC) announced Tuesday.In December alone, China attracted 14.03 billion U.S. dollars of FDI, up 15.6 percent year on year, making it the 17th consecutive month of FDI growth since August 2009.The rapid FDI growth could be attributed to robust development in the service sector and the country's central and western regions, said MOC spokesman Yao Jian.FDI in the service sector rose 28.6 percent last year and that in central and western regions climbed 27.6 percent year on year, Yao said.

LAS VEGAS, the United States, Jan. 7 (Xinhua) -- China is incredibly important to the success of the global consumer electronics industry, Gary Shapiro, president and CEO of the Consumer Electronics Association (CEA) told Xinhua in an interview."There is no doubt that China is a growing powerhouse. China is a global leader in manufacturing and the 'made in China' phrase is known around the world. Chinese manufacturing facilities provide jobs and spur growth not just in China, but around the world as more international companies explore doing business in China," Shapiro said during the 2011 International Consumer Electronics Show (CES), which was organized by CEA.The 2011 International CES kicked off here on Thursday with more than 2,700 exhibitors unveiling their latest technology innovations, up from the 2010 CES which featured 2,500 exhibitors. A total of 267 exhibitors from China, including major companies such as Haier and Hisense, will display their products at the show.According to CEA and market research company Gfk research, China is expected to contribute 13 percent of global CE retail revenue in 2010, up from 12 percent in 2009."The Chinese consumer technology market is also critical to the success of the International CES," Shapiro said. "China also ranked 3rd in terms of international attendance at the 2010 CES, with 1,105 Chinese industry professionals."However, while a leader in manufacturing, to become a true world leader China must produce innovative companies with brands that are recognized around the world, Shapiro cautioned."In fact, not one Chinese company is included on the Interbrand annual listing of the top 100 global brands. In order for China to truly compete on a global scale, it must change its outlook on the importance of branding."In recent years, many Chinese companies have come far in building their brands. Haier and Hisense are well-known around the globe. In fact, Hisense's Chairman Zhou Houjian delivered a keynote address at the 2010 CES, marking the first time a Chinese company has keynoted at the International CES."For Chinese companies looking to build their brand, there is no better forum to launch an innovative product than a tradeshow such as the International CES, which is the largest branding event in the world," Shapiro said.Shapiro was also optimistic with the prospect of the consumer electronics industry.After a down year in 2009, the consumer electronics industry grew 13 percent last year and is expected to grow an additional 10 percent this year to 964 billion dollars, thanks in large part to demand for smartphones and notebook computers, the CEA forecast. The group expects electronics sales to grow in all major markets around the world but to be especially strong in Western Europe, North America and China."Due to the economic downturn, consumers around the world have been cautious in their purchase patterns. However, CEA research finds that individuals view consumer electronics products as necessities rather than luxury goods, reinforcing the strength of our industry even in a down economy," he said.CEA is a U.S. trade association promoting growth in the consumer technology industry. It represents more than 2,000 corporate members involved in the design, development, manufacturing, distribution and integration of consumer electronics products. As a U.S.-based trade association, all CEA members must have offices in the United States, however CEA also has 40 associate member companies based in China.

DUSHANBE, Nov. 25 (Xinhua) -- Chinese Premier Wen Jiabao made a six-point proposal for enhancing practical cooperation of the Shanghai Cooperation Organization (SCO) at a meeting held here Thursday.Addressing the ninth SCO prime ministers' meeting, Wen said that the SCO countries should rely on collective powers to better safeguard regional peace and stability and promote a comprehensive and balanced economic, social and cultural development.This is not only in the interests of all member states, but also help make the SCO more united and appealing to others, he said.The Chinese premier said that safeguarding regional security, stability and harmony is of vital importance in promoting the development of the SCO and deepening mutually beneficial cooperation among SCO members.Chinese Premier Wen Jiabao attends the prime ministers' meeting of the Shanghai Cooperation Organization (SCO), in Dushanbe, Tajikistan, Nov. 25, 2010.Thus, he called on the SCO nations to strengthen strategic coordination, boost mutual trust and coordinate actions and set up, step by step, a permanent and effective mechanism of safeguarding regional security and stability and to take joint actions and comprehensive measures to deal persistent, heavier and more effective blows to the "three evil forces" of extremism, separatism and terrorism as well as drug trafficking and transnational organized crimes.First, Wen proposed that the SCO countries boost the vitality of economic and trade cooperation.The SCO countries should stick to the principle of government guidance, encourage enterprises to expand cooperation according to market regulations and rely on science and technology in a bid to accelerate regional economic development, he said.Secondly, Wen called for expanding energy cooperation."We should safeguard energy transportation security, jointly develop wind energy and solar energy and enhance the effective use of energy," he said.Thirdly, Wen called for accelerating infrastructure construction such as highways, railways and information highways, to advance regional communication.Fourthly, the SCO members countries should strengthen agricultural cooperation, Wen said, urging them to conduct research on establishing a SCO food security cooperation mechanism."China is willing to help other SCO member states set up high-tech agricultural demonstration areas," he said.Fifthly, Wen called for deepening financial and monetary cooperation among the SCO member states, noting that they should expand business financing channels, conduct researches on establishing a SCO development bank, discuss new ways of joint financing and joint benefiting, and expand cooperation on local currency settlement.Finally, the Chinese premier called for pushing forward capacity building and people-to-people and cultural exchanges.The SCO countries should further improve the contingency mechanism for handling emergencies at border areas, he said."China is willing to train Chinese language and senior management staff for SCO member states and organize the first university students art festival for the SCO and launch communication and cooperation with SCO member states in traditional medicine," Wen said.During the one-day meeting, the SCO prime ministers agreed to intensify the fight against the "three evil forces" to safeguard regional security and stability, enhance coordination in economic policy to promote trade investment facilitation and deepen cooperation in disaster relief, education and culture to promote sustainable development in the region.The SCO prime ministers decided to hold their next meeting in Russia.Founded in 2001, the SCO consists of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.Also present at the gathering were delegates from SCO observers India, Iran, Mongolia and Pakistan, and the economic minister of Afghanistan as a guest of the host country.

TIANJIN, Dec. 31 (Xinhua) -- A subway train of six cars being assembled rolled off a production line Friday at a production base in north China's Tianjin Municipality, according to China South Locomotive & Rolling Stock Corporation (CSR).The subway train is the first of the kind ever produced at the CSR Tianjin Industrial Park, said CSR's chairman, Zhao Xiaogang.The train, designed to run at a speed of 80 km per hour, has a holding capacity of 1,800 passengers. It will will be used in Tianjin's Subway Line 3, which will begin service in 2011.The production base, with an initial investment of 3 billion yuan (455 million U.S. dollars), can produce 100 to 200 trains a year. It will attain a capacity of producing 500 trains annually in the next five years, according to Zhao.Analysts say the base's first product marked Tianjin's efforts to encourage the development of modern and more advanced industries in the city.The production base will boost the development of emerging industries in Tianjin and contribute to China's economic transformation, Zhao said.CSR, a state-owned company with more than 80,000 employees, produces about 70 percent of all high-speed trains China.

BEIJING, Jan.14 (Xinhua) -- A Maldivian delegation visited southwest China's Yunnan province from Jan.11 to 14.During the visit, speaker of the Maldivian People's Majlis, Abdulla Shahid, held talks with directors of Yunnan's departments of tourism and commerce on Tuesday.Shahid said tourism was without a doubt the key industry of Maldives, adding that there are currently more than 10,000 Chinese tourists coming to Maldives every month."The opening flight between Kunming and Male, capitals of Yunnan and Maldives, increase high-level exchanges and commerce cooperation between the two countries", he saidTourism of China and Maldives strongly complement each other, vice chairman of the Standing Committee of the Yunnan provincial People's Congress, Yan Youqiong, said during their meeting.

来源：资阳报