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HEFEI, Sep. 4 (Xinhua) -- Innovation in Chinese enterprises is steadily increasing with more patents filed and more funds invested in research and development (R&D), the China Enterprise Confederation (CEC) said Saturday.The top 500 Chinese enterprises possessed 169,000 patents in 2010, up 13.3 percent from last year, according to a report released by the CEC.Among the top 500 companies, 41 had more than 1,000 patents, while 36 companies owned more than 200 patents for innovations, the report said.Chinese enterprises were also investing a larger share of their revenues into R&D.Each of the top 500 firms allocated, on average, 775 million yuan (113.93 million U.S. dollars) into R&D, an increase of 14.4 percent from 2009 and accounting for 1.4 percent of their total revenues, the CEC said.Of the 500 firms, 17 spent more than five percent of their revenues on R&D, while another 60 enterprises invested from five to 10 percent of their revenues into R&D, according to the report.In 2009, China filed 7,946 international patents, up 29.7 percent from 2008 and ranking fifth in the world, according to the World Intellectual Property Organization (WIPO).

BEIJING, Oct. 19 (Xinhua) -- China on Tuesday vowed to enhance coordination with the International Monetary Fund (IMF) to continuously push forward the reform of the global economic and financial systems. "Currently the world economy is recovering slowly, but the outlook still remains uncertain," Chinese Premier Wen Jiabao said while meeting with visiting IMF Managing Director Dominique Strauss-Kahn in Beijing.To completely get over the global financial crisis and realize sustainable development requires the international community to follow a path for mutual benefits and common development, face up to what caused the financial crisis and step up reform of the global economic and financial systems, he added.Praising China's counter measures against the crisis as "correct", Strauss-Kahn said the IMF values China's position and role and would like to build closer ties with the country.He called on countries to help one another to consolidate the growth momentum of the world economy.In an earlier meeting with Strauss-Kahn, Vice Premier Wang Qishan urged timely adjustments to global economic rules and standards to keep pace with the development of the global economy."The developing countries and emerging economies should have more say in the process," he added.He said the international community should work closely to ensure a success of the upcoming G20 Seoul Summit.In response, Strauss-Kahn said the IMF would continue to strengthen cooperation with China and increase the country's representation and voice in the organization.

MOSCOW, Aug. 31 (Xinhua) -- Russian President Dmitry Medvedev and Chief Executive of China's Hong Kong Special Administrative Region (HKSAR) Donald Tsang Yan-Kuen voiced their support here on Tuesday for the development of more direct links between Russia and Hong Kong.Tsang arrived in Moscow by the first ever direct commercial flight run by a Hong Kong airline.Tsang noted that after the lifting of visa restrictions in July 2009, two-way travels between Russia and Hong Kong rose by 100 percent."I am certain this flow will be increasing further," he was quoted as saying by local news agencies."The updating of the relevant listing rules in June this year would facilitate the listing of (Russian) mining and resource companies in Hong Kong," said Tsang.He also encouraged Russian companies to issue RMB bonds in Hong Kong, and welcomed Russian banks to set up branches in Hong Kong and make use of the RMB clearing and settlement system.Tsang was accompanied by 30 Hong Kong businessmen who were interested in cooperation with Russia."I hope that your meeting here in Moscow, including with members of the business community, will be useful," said Medvedev.The Russian president also invited Tsang to discuss the further advancement of bilateral cooperation as well as some key international issues.

AMMAN, Oct. 12 (Xinhua) -- Chinese Middle East envoy Wu Sike on Tuesday discussed regional peace with Jordanian Foreign Minister Nasser Judeh in Amman, stressing the importance of collective efforts of all concerned parties.Wu said China is concerned about the direct Palestinian-Israeli talks which are suspended now, adding China hopes that all parties could proceed from long-term interests and work together to help direct talks to resume and to achieve positive results as soon as possible.He also urged Israel to respond actively to the settlement issue to create the atmosphere for the resumption of direct talks.Judeh highlighted Beijing's role in the Middle East peace process and expressed Jordan's willingness to strengthen cooperation between the two countries to save the peace process.Jordan is the first stop of Wu's Middle East trip, which also includes the Palestinian territories, Israel, Turkey and Egypt.

LISBON, Nov. 7 (Xinhua) -- Chinese President Hu Jintao concluded his state visit to Portugal on Sunday and has left the Portuguese capital of Lisbon for home.The president arrived in Lisbon on Saturday after a three-day state visit to France that began on Thursday.In Lisbon, Hu had talks with Portuguese President Anibal Cavaco Silva and met other Portuguese leaders, exchanging views on how to deepen bilateral pragmatic cooperation. Both sides also discussed major world and regional issues of common concern.Hu and Silva agreed to work together to deepen the comprehensive strategic partnership between the two countries. Chinese President Hu Jintao (L) and Portuguese Prime Minister Jose Socrates hold a joint press conference in Lisbon, Portugal, Nov. 7, 2010. In France, Hu and his French counterpart Nicolas Sarkozy met for talks and agreed to make joint efforts to boost bilateral cooperation.Hu said in the talks that since diplomatic ties were forged 46 years ago, the China-France relationship has been characterized by its strategic and global nature and its ability to move with the times.The Chinese president called on both sides to continuously deepen mutual understanding by carrying out high-level visits and exchanges between governments, legislatures, political parties and regions.Both countries should advance with the times, be creative in practical cooperation, expand trade and try to double their trade volume by 2015, he said.During Hu's visit, China and France signed a host of cooperation agreements covering a wide range of areas, including nuclear energy, aviation, finance, energy efficiency, and environmental protection.On Thursday, China and France issued a joint statement on strengthening their comprehensive strategic partnership.The statement said the two countries should make a major contribution to peace, stability and development of the world, conform to the purposes and principles of the UN Charter, promote multilateralism and respect the independent and sovereign choice for the development of each country.Analysts said that the Chinese president's state visits to France and Portugal have promoted not only bilateral cooperation, but also the development of China-Europe ties.

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