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BEIJING, Oct. 15 (Xinhua) -- Foreign direct investment (FDI) in China in September rose 6.14 percent year on year, compared with a growth rate of just 1.38 percent in August.China received 8.384 billion U.S. dollars in FDI last month, compared with 7.602 billion U.S. dollars in August, the Ministry of Commerce (MOC) said Friday.The September figure brought the total amount for the first nine months to 74.34 billion U.S. dollars, MOC spokesman Yao Jian said.

WASHINGTON, Sept. 3 (Xinhua) -- Senior Chinese and U.S. diplomats have agreed to work together to advance the stalled six-party talks on denuclearization of the Korean Peninsula.Wu Dawei, China's special representative for Korean Peninsula affairs, held separate meetings during a visit here between Aug. 31 and Sept. 3 with U.S. Deputy Secretary of State James Steinberg, special envoy for the Democratic People's Republic of Korea (DPRK) Stephen Bosworth, Assistant Secretary of State Kurt Campbell and the White House chief adviser on Asia Jeff Bader.Both sides agreed to play a constructive role in maintaining peace and stability on the Korean Peninsula.China and the U.S. also believed the six-party talks was an effective tool to maintain peace and stability within the peninsula, as well as to denuclearize the region.The two countries want to work with other related parties to create conditions to push the talks forward. In addition to China, the U.S., DPRK and South Korea, other parties to the talks include Japan and Russia.

BEIJING, Nov. 2 (Xinhua) -- China will reduce its rare earth export quotas next year, but not by a very large margin, Yao Jian, spokesman of China's Ministry of Commerce, said Tuesday."To protect the environment and natural resources, China will stick to the quota system to manage rare earth exports next year, and quotas will also decline," Yao told Xinhua.Though giving no clear extent of the decline, Yao's remarks echoed the comments of Wang Jian, a vice minister of commerce, made Monday at a press conference."I believe China will see no large rise or fall in rare earth exports next year," said Wang.Wang emphasized that China has no embargo on rare earth exports, even though it uses a quota-system as a method of management.Containing a class of 17 chemical elements, rare earths have been widely employed in manufacturing sophisticated products including flat-screen monitors, electric car batteries, wind turbines, missiles and aerospace alloys. However, mining the metals is very damaging to the environment.Chinese officials have said on many occasions that China will strictly protect its non-renewable resources to prevent environmental damages due to over-exploitation and reckless mining.China started the quota system on rare earth exports in 1998 and later banned it in processing trade. In 2006, China stopped granting new rare earth mining licenses and existing mines have since been operating according to government plans.In early September, the State Council, or China's Cabinet, unveiled regulations to encourage merger and acquisitions within the industry.However, China's restrictive policies were criticized by Japan, the United States and other European countries, claiming China's management violated World Trade Organization rules."China has no choice but to take such measures," Chen Deming, China's Commerce Minister, said in August. He pointed out that exports of rare earths should not threaten the country's environment or national security.In response to the increasing criticism of China's rare earth exports management, the spokesman for China's Ministry of Industry and Information Technology said last week that China "will not use rare earths as a bargaining chip"."It is the common strategy of some countries, such as the United States, to use global resources while conserving their own in their homeland," said Zhang Hanlin, director of China Institute for WTO Studies in China's University of International Business and Economics."Creating conflicts on resource issues for their self interests is a common practice," he said.China is the world's largest producer and exporter of rare earths. With about one-third of all proven rare earth reserves, China's exports account for more than 90 percent of the world total."This shows some countries are conserving rare earth resources," said Yao.Early media reports said China would reduce the export quotas by up to 30 percent in 2011. Yet, this was denied as "false" and "groundless" by the Ministry of Commerce.The ministry said the Chinese government will set the 2011 export quotas based upon the rare earths output, market demand and the needs for sustainable development.It also said China would continue to supply rare earths to the world. Meanwhile, it will also take measures to limit the exploitation, production and exports of rare earths to maintain sustainable development, which is in line with WTO principles."Some countries managed to meet the openness requirement of international trade policies when limiting its resources exports," said Feng Jun, a director of the Shanghai WTO Affairs Consultation Center."China should learn from the experiences and explore its own way of protecting its strategic resources," said Feng.

BEIJING, Oct. 7 (Xinhua) -- China saw a record number of road trips by travelers during the week-long National Day holidays that started Oct.1, data from the Ministry of Transport (MOT) showed Thursday.Travelers logged in a total of 474 million journeys on the roads between Oct. 1 and 7, up 10.9 percent from the same period last year, MOT spokesman He Jianzhong said, adding that the average figure per day was 67.71 million -- a new record high.He said a big increase in short- and medium-distance trips for sightseeing and visits to families and friends contributed to the boom.The country's transport authorities had to deploy 910,000 medium- and large-sized coaches nationwide per day to cope with the transport surge, he added.The waterways sector recorded about 8.66 million journeys during the seven days, up 25 percent from a year earlier, he said.

BEIJING, Aug. 30 (Xinhua) -- China and the United States Monday underscored their close economic relationship and called for its healthy growth."China and the United States share very close economic ties," Chinese Vice Premier Wang Qishan told a U.S. delegation led by two Missouri senators - Christopher Bond and Claire McCaskill.Wang said bilateral cooperation in trade, economy, investment and finance generate substantial benefits for both peoples."Both sides should work together to create a sound environment for a positive, cooperative and comprehensive China-U.S. relationship in the 21st century," Wang said.Bond and McCaskill echoed Wang's comments, calling on the two countries to oppose trade protectionism.On global economy, Wang said the recovery of the global economy would be bumpy."All countries are confronted with the common challenge of seeking robust, sustainable and balanced economic growth."Wang also said the Chinese government would "make efforts to strike a balance between maintaining steady and fast economic growth with the restructuring of the economy and the curbing of inflation."The two senators are leading a delegation of nearly 20 leaders from a variety of Missouri businesses, trade unions and universities.During their stay in Beijing, the delegation will meet with officials from the commerce, foreign affairs, civil aviation and agriculture departments.They will also travel to Shanghai on east China's seaboard, where they will call on local officials and tour the ongoing World Expo.