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NINGBO, Zhejiang, May 16 (Xinhua) -- Internet of Things (IOT) -- which refers to digital networks of physical objects -- has huge potentials but many challenges lie ahead, said scientists, entrepreneurs and government officials on Sunday.IOT has become a catchword for those at the Information and Communication Technology and Urban Development Forum held in east China's coastal Ningbo this weekend on the sidelines of the Shanghai Expo; from ministers to mayors, scientists to entrepreneurs, keynote speakers to audiences.China should accelerate the development of the IOT industry so as to create a new platform for economic growth, said Li Yizhong, Minister of Industry and Information Technology in his opening speech to the forum.The first theme forum of the Shanghai World Expo is closed in Ningbo, a coastal city of east China's Zhejiang Province, May 16, 2010. The two-day forum focusing on information and communication technologies (ICT) and urban development attracted over 600 participants including renowned scholars and entrepreneurs.Minister Li's words were echoed by Zhao Hongzhu, communist party chief of Zhejiang Province, who called for more efforts to develop such key concepts as IOT, which, in his words, "present a brilliant future for urban life."In what's called Internet of Things, networks of real-world objects are linked to the Internet and interact through web services. As more objects are embedded with sensors, giving them the ability to communicate, and networked together, the possibilities are enormous, potentially resulting in new business models, improved business processes and reduced costs and risks, according to a March 2010 report by McKinsey & Co..

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.

BEIJING, May 7 (Xinhua) -- Senior Chinese leaders He Guoqiang and Zhou Yongkang on Friday urged the country's prosecutors to stick to just and incorrupt work practices.The fight against corruption is still very difficult and the campaign of building a clean-fingered Party and government should be firmly pushed forward, said He, member of the Political Bureau Standing Committee of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC.   He Guoqiang (L Front), a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Central Commission for Discipline Inspection of the CPC, visits an exhibition showcasing the development of China's prosecution system, in Beijing, capital of China, May 7, 2010.He made the remarks when visiting an exhibition showcasing the development of China's prosecution system.

Taipei, April 25 (Xinhua) -- Signing the cross-Strait economic and trade pact, ECFA, will benefit Taiwan, Taiwan leader Ma Ying-jeou said here Sunday in a television debate.Ma debated with the Democratic Progressive Party (DPP) Chairwoman Tsai Ing-wen during a two-hour televised debate over the economic cooperation framework agreement (ECFA), a free trade agreement the Taiwan authority intends to sign with the Chinese mainland.Taiwan urgently needs a trade pact with China to usher in a golden decade of economic boom, Ma said, accusing DPP of exaggerating the adverse effects of ECFA and manipulating public fear.Lee Tung-Hao, a professor with the National Chengchi University, said there are different voices over ECFA because of public misunderstanding of the pact, but the debate will help build consensus.The ECFA, a priority in cross-Strait relations, is aimed at institutionalizing economic cooperation between the mainland and Taiwan and facilitating and regularizing economic and trade exchanges.

HAIKOU, April 25 (Xinhua) -- China's fishery administration said on Sunday it had started regular patrols of the South China Sea, sending two vessels to take over from two others currently escorting Chinese fishing boats in the area."China Yuzheng 301 and 302 take over from China Yuzheng 311 and 202, which have been patrolling the sea area of Nansha Islands since April 1," said Wu Zhuang, director of Administration of Fishery and Fishing Harbor Supervision for South China Sea under the Ministry of Agriculture.He said the patrol ships were sent to escort Chinese fishing boats in the South China Sea and reinforce China's fishing rights of the waters around Nansha Islands.The two ships set sail from Sanya, a coastal city in China's Southernmost Island Province of Hainan, on Sunday.China's patrol vessels escort the country's fishing boats and help treat fishermen who fall ill, Wu said. Editor: Mu Xuequan 

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