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BEIJING, April 29 (Xinhua) -- China's parliament on Thursday adopted the Law on Guarding State Secrets and the amended State Compensation Law at the closing session.Wu Bangguo,chairman of the Standing Committee of the National People' s Congress, or the top legislature, presided over the closing of the four-day bimonthly session.Wu said, the amendment to the State Compensation Law will regulate the use of public power, protect legitimate rights and interests of citizens, legal persons and social organizations. The 14th session of the Standing Committee of the 11th National People's Congress (NPC) concludes in Beijing, capital of China, on April 29, 2010. Wu Bangguo, chairman of the NPC Standing Committee, presided over the concluding meeting.Wu said, the Law on Guarding State Secrets has made clear legal liability in guarding state secrets, which will help safeguard the state security and interests.The legislature also reviewed the report on migrant workers which stressed protecting the rights and interests of this group and improving social services for them. Wu also urged to quicken the pace of urbanization.The Standing Committee reviewed the report on the development of cultural industry which urged greater development of the industry so that it becomes a new engine of economic growth.Wu said the Committee also reviewed the report on road traffic management.
BEIJING, May 7 (Xinhua) -- China's policy of actively attracting foreign investment will not change, said vice minister of commerce Ma Xiuhong Friday.The Ministry of Commerce will keep working to maintain a good investment environment for foreign companies, said Ma during a discussion with multinational firms."The ministry will strengthen its communication with multinational corporations and foreign enterprises," she said.China could provide new opportunities for foreign investors as the country is in a process of modernization, urbanization and transformation of its economic development pattern, said Ma.She hoped that while achieving their own development goals, foreign enterprises could play a larger role in China's pursuit of scientific innovation, industrial upgrading, and more balanced regional economic development.Representatives from 64 multinational corporations and four foreign chambers of commerce participated in the discussion. They were joined by officials from a number of Chinese government departments, including the Ministry of Finance and Ministry of Industry and Information.Foreign direct investment to China increased 7.7 percent year on year to 23.44 billion U.S. dollars in the first quarter.

CHICAGO, April 21 (Xinhua) -- The Chicago-based Boeing Company reported on Wednesday that its first-quarter net earnings were 519 million U.S. dollars, down 15 percent from 610 million dollars in the same quarter last year, citing the health care legislation charge.The aerospace and defense giant said in its first quarterly financial report that total revenues for the first three months were 15.22 billion dollars, down from 16.50 billion dollars in the prior year quarter while the earnings per share was down to 70 cents from 86 cents one year ago.Boeing indicated that the results for the quarter reflect solid performance across core businesses and a previously disclosed 20 cents charge per share on health care legislation, while the year- ago quarter results were reduced by 31 cents per share on a charge due to poor market conditions in commercial airplanes."With clear progress on the 787 and 747-8, solid financial performance and marked improvement in our customer outlook, we continue to draw on the positive momentum we saw at the end of 2009," said Jim McNerney, Boeing chairman, president and chief executive officer.Boeing's earnings guidance for 2010 is pegged at 3.50 dollars to 3.80 dollars per share, reduced from 3.70 to 4.00 per share due to the charge on health care legislation. At the same time, the company continues to expect that 2011 revenue will be higher than 2010, primarily driven by projected 787 and 747-8 deliveries."Our outlook remains attractive, and we are focused on executing well and delivering on our commitments to customers," said McNerney.The report also indicated that the 787 program continued flight testing during the quarter, as an additional two airplanes joined the two airplanes already in the flight test program.The Dreamliner completed key flight test milestones such as flutter, stall and ground-effect tests. On March 28, the static test unit successfully completed the ultimate load test with a fully pressurized cabin.The 787's first delivery is expected in the fourth quarter of 2010. Total firm orders for the 787 at quarter-end were 866 airplanes from 57 customers.
PHNOM PENH, March 26 (Xinhua) -- China and Cambodia on Friday agreed to further strengthen comprehensive partnership of cooperation as well as party exchanges.This was reached when Say Chhum, member of the Permanent Committee of the Central Committee of Cambodian People's Party ( CPP) and Nhiek Bun Chhay, secretary general of FUNCINPEC party held separate meetings with Zhao Leji, secretary of Communist Party of China (CPC) Shaanxi Provincial Committee. Nhiek Bun Chhay (3rd R), secretary general of FUNCINPEC party, meets with Zhao Leji (3rd L), secretary of Communist Party of China (CPC) Shaanxi Provincial Committee, in Phnom Penh, Cambodia, on March 26, 2010. China and Cambodia on Friday agreed to further strengthen comprehensive partnership of cooperation as well as party exchangesDuring the meetings, they briefed each other on economic and social development, and had an in-depth exchange on further strengthening the cooperation between the two countries on various fields.Say Chhum and Nhiek Bun Chhay, on behalf of their political parties, thanked Chinese government's long-term assistance and supports to Cambodia's social and economic development, and spoke highly of the achievements made by Chinese government.
BEIJING, April 21 (Xinhua) -- Chinese Vice Premier Hui Liangyu said Wednesday significant progress had been made in relief work in Yushu region since it was hit by a strong earthquake a week ago."Rescuers have reached all affected villages, all the injured have been cured or are being treated, all the seriously injured have been transferred for treatment outside the quake zone, and all survivors have emergency shelters," Hui said at a meeting in Beijing.The State Council, or Cabinet, meeting on quake relief started Wednesday morning with a brief silence in respect for the dead, which numbered 2,183 by Wednesday afternoon.A medical worker of the Chinese public security frontier defense troop helps Zhaxi Deleg of the Tibetan ethnic group injured in the earthquake to bandage up his leg in Gyegu Town of Yushu County, northwest China's Qinghai Province, April 20, 2010. People felt reassured and the society was stable in Yushu, Hui said at the meeting.He instructed officials to start planning reconstruction while taking into full consideration the geological, climatic and demographic characteristics of the quake zone.At a similar meeting on Monday, Hui said the government would promptly draw up and implement reconstruction plans based on scientific assessment and good planning.The 7.1-magnitude earthquake in Yushu, Qinghai Province, also left 84 people missing, and 12,135 injured.
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