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NANCHANG, April 29 (Xinhua) -- Chinese Ministry of Commerce released regulations concerning foreign investment in China's central region here Thursday.The region - which includes the provinces of Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan - should attract high-end green industry with policy incentives and guidance, the regulations say.It should give priority to manufacturing while eyeing investment in other sectors like agriculture, sophisticated processing industries, trade, finance, education, culture, tourism and leasing.The region should nurture business-friendly policies and slash transaction costs to attract businesses considering moving inland from the coastal regions.The rules call for rectifying any practices that disrupt business operation, including authorities' arbitrary law enforcement.The rules also urged a market-oriented administration system consistent with international rules.The ministry also pledged to establish state-level industrial transfer demonstration zones and to improve provincial industrial parks.

BEIJING, May 15 -- China is planning to raise the proportion of profits it collects from major State-owned enterprises (SOEs) in a move to balance income distribution, but analysts said the move should be bolder and the collected profits used to improve public well-being.The Ministry of Finance said on Tuesday that it might raise the ratio of profits of SOEs to be submitted to the State coffers.According to existing rules, monopoly enterprises under the administration of the central government in sectors like tobacco, oil, petrochemicals, power, telecommunications and coal mining should submit 10 percent of their post-tax profits, while the ratio for those in the iron and steel, transportation, electronics and trade sectors should be 5 percent.Financial corporations and companies in sectors like railways, transportation, education, culture, science and technology and agriculture are not included in the profit submission framework.The Ministry of Finance did not reveal by how much the ratio would be raised."It should be raised properly, and even if it were raised by 10 percentage points, it doesn't matter too much for those central enterprises, given their high profit level," said Zhang Wenkui, researcher with the State Council's Development Research Center.Central enterprises have been criticized by the public for having taken advantage of their monopoly or market predominance to make excessive profits. Some of them have further fueled public anger as they bid to purchase land at high prices, which is believed to have pushed up home prices.The central government collected profits of 14 billion yuan ( billion), 44.4 billion yuan and 98.9 billion yuan respectively in 2007, 2008 and last year from SOEs. In 2009 alone, however, the enterprises made profits totaling 965.6 billion yuan.

STOCKHOLM, May 9 (Xinhua) -- To mark the 60th anniversary of the establishment of diplomatic relations between China and Sweden, a Guqin concert was held in Stockholm on Sunday evening.The concert presented 12 different pieces, half of them about Guqin, some of them are the Xiao, a beautiful flute. Some of them they played together. All the music are about 2000 years old. One of the most beautiful ones is called Liushui, Flowing Water, that piece is on a golden disk in a voyage in an American Spaceship went away in 1977 out in the outer space.Famous sinologist Cecilia Lindqvist planned the concert with the support of Sweden's National Music Association, Chinese Embassy in Sweden and Sweden's Union of Chinese Associations."It's a very important day because 60 years ago exactly on this date, May 9, Sweden and China established diplomatic relations, and actually Sweden was the first country in the west to do so. So we are very proud and we have long been in contact with China after that," said Lindqvist."Since then cultural contacts have developed tremendously, and this concert we are giving tonight is a kind of celebration of this very important day, so we hope lot of people will come here and listen to this music because 60 years is a long period. So we want to present Guqin to the Chinese community here and to all the Swedes who are interested in the Chinese Culture," she added.

BEIJING, March 31 (Xinhua) -- The Chinese central government on Tuesday pledged more support for Xinjiang Uygur Autonomous Region in achieving prosperity and stability.At a meeting on the development of Xinjiang, in Beijing on March 29 and 30, Vice Premier Li Keqiang and senior leader Zhou Yongkang called for collaboration between central ministries, designated provinces and municipalities and Xinjiang's regional government to build the region into a moderately well-off society in the next decade.Xinjiang's development and stability was at a critical moment, Li said. National support for the region would be instrumental in its development and essential to its long-term peace and order.A meeting on the development of Xinjiang Uygur Autonomous Region is held in Beijing, capital of China, on March 29 and 30, 2010. Chinese Vice Premier Li Keqiang and senior leader Zhou Yongkang, also members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, called for collaboration between central ministries, designated provinces and municipalities and Xinjiang's regional government to build the region into a moderately well-off society in the next decade.He asked officials to establish an effective mechanism for providing personnel, technological, managerial and financial support, while improving livelihood issues like housing, employment and education, as priorities.Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, said the government aimed to fully launch the support project in 2011 after a year of research, planning and personnel training, and planned to achieve remarkable results for major tasks in five years.

BEIJING, May 14 (Xinhua) -- China's Vice Premier Li Keqiang Friday called for the development of a recycling economy to improve resource utilization efficiency and protect the environment.Developing a recycling economy was a significant mission for China, which urgently needed to change its economic growth mode of "high consumption, high pollution and poor recycling," said Li in an inspection tour to a state recycling economy pilot base under ChinaChem Group.Li said developing a recycling economy would help the enterprises improve product structures, fuel technology innovation and improve competitiveness. China's Vice Premier Li Keqiang (C) speaks during a meeting as he makes an inspection tour to a state recycling economy pilot base under ChinaChem Group in Beijing, China, May 14, 2010. Li Friday called for the development of a recycling economy to improve resource utilization efficiency and protect the environment.He called for a combination of resource conservation, environment protection and economic efficiency to cultivate emerging "green" industries.Authorities should transform traditional industries by promoting a clean, efficient and safe production, said Li.Li also called for more investment in recycling economy development, and implementation of supporting government fiscal, pricing and financial policies.