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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.

BEIJING, May 7 (Xinhua) -- Chinese Premier Wen Jiabao met with Kim Jong Il, general secretary of the Workers' Party of Korea and chairman of the National Defense Commission of the Democratic People' s Republic of Korea (DPRK) during Kim' s unofficial visit to China.Wen said he received warm welcome from the DPRK party, government and people during his visit to the DPRK last October, and the joint celebration of the 60th anniversary of the establishment of China-DPRK diplomatic ties left him good impression.Currently, China and the DPRK are witnessing active exchanges and cooperation in various fields and Kim' s visit will definitely help further deepen traditional friendship between the two parties, countries and peoples, Wen said.Wen said China will, as always, support the DPRK for developing economy and improving people' s livelihood and is willing to introduce to the DPRK the experience of China' s reform and opening-up and construction.China and the DPRK enjoy big potential for developing economic and trade cooperation, said Wen, urging the two sides to make joint efforts to advance major cooperative projects, quicken the infrastructure construction in border areas and explore new cooperative fields and methods so as to benefit the two peoples, said Wen.Recalling Premier Wen' s successful visit to the DPRK last year, Kim said the DPRK-China cooperation in such areas as trade, agriculture, science and technology is of great significance for promoting bilateral traditional relationship.The DPRK will work with China to enhance communication and coordination to make pragmatic cooperation in various fields between the two countries to score more significant achievements.At the invitation of Hu Jintao, general secretary of the Communist party of China (CPC) Central Committee and Chinese president, Kim paid an unofficial visit to China from May 3 to 7.

SIRTE, Libya, March 27 (Xinhua) -- Chinese special envoy to the Middle East Wu Sike will convey on Saturday a message from President Hu Jintao to the Arab leaders during their 22nd summit billed "Summit of supporting Jerusalem' Steadfastness," kicked off today in the Libyan city of Sirte.In an exclusive interview with Xinhua News Agency, Wu said he came to the Arab summit, carrying a message from Chinese President Hu Jintao to the Arab leaders, extending congratulations on the occasion of the summit.China is paying much attention to the promotion of relations with the Arab world, Wu said, adding that China appreciates and supports the Arab efforts aiming to enhance cooperation and solidarity between the two sides.Speaking of the Chinese position towards the Israeli practices in the occupied lands, Wu said that China supports the Arab endeavors aiming to reach peace.The Chinese stance is cut-clear in this regard, Wu stressed, noting that China supports reaching a solution to the issue, based on international legitimacy resolutions, which state that Israel has no rights to impose any changes on lands occupied in 1967.Wu also pointed to China's long-standing position calling for the establishment of a sovereign Palestinian state and for peaceful coexistence between Israel and the Palestinians, saying this is China's permanent position which it will adhere to in all international forums.About China's vision towards the Israeli settlement activity, Wu said China categorically rejects the settlement activities in the occupied lands.During contacts with Israel, China showed commitment to this stance, to the importance of stopping the settlement activities, and to creating favorable circumstances for talks, Wu noted, saying that his attendance of the Arab summit comes within China's support for the Arabs, and to coordinate stances between the two sides.As for the Arab-Chinese Cooperation Forum, due to be held this May in China, Wu said that China and the Arab world are bound with favorable political ties and expanded, intensive economic cooperation.In the light of the global economic crisis, the strengthening of Chinese-Arab cooperation is of high importance.Over the past six years following the establishment of China- Arab Cooperation Forum, bilateral relations have seen tangible development, Wu said.The fourth session of the China-Arab Cooperation Forum, slated for May 13-14, will see an assessment of the Arab-Chinese cooperation over the past six years and means to push this cooperation forward in the future.China is represented by a delegation at the 22nd Arab summit, entitled "Summit of Supporting Jerusalem's Steadfastness," as an observer.

GUANGZHOU, May 29 (Xinhua) -- Communist Party chief of south China's Guangdong Province Wang Yang on Saturday called for companies to improve management and care more for their employees after 13 workers of Shenzhen-based Foxconn attempted suicides this year, which resulted in 10 deaths.Wang Yang, secretary of the provincial committee of the Communist Party of China, told a conference in Shenzhen that the Party, government organizations and Foxconn must "work together and take effective measures to prevent similar tragedies from happening again.""Labor unions in private firms should be improved to facilitate better working conditions and more harmonious relations between workers and employers," Wang said.He also called on young employees to cherish their precious lives, as the suicidal employees were mostly born in the 1980s or 1990s, who had weak self-adjustment capability under emotional, living, or working pressures.More recreational and sports activities should be held among workers to enhance communications and more efforts should be made to help them ease work pressure, Wang said."Economic development should be people-oriented," he said.Foxconn is part of Taiwan's Hon Hai Precision Industry Co. and makes computers, game consoles and mobile phones for companies including Hewlett-Packard Co., Sony Corp. Nokia Corp, and Apple Inc.Of Foxconn's 800,000 employees in China's mainland, 430,000 are based in Shenzhen. They work shifts and live inside the massive factory complex.

TAIYUAN, May 15 (Xinhua) -- China's police chief urged local authorities to mobilize social forces to secure a safe environment for kids after a series of attacks on students over the past two months.Meng Jianzhu, minister of public security, made the call during his visit to kindergartens and primary schools in northern Shanxi Province from Thursday to Saturday.To protect the safety of children is the primary task of schools, but also a common responsibility of the whole society, Meng said, urging the mobilization of social forces to ensure security in kindergartens and schools. A policeman stands guard as pupils leave the school in Hanzhong City of northwest China's Shaanxi Province, May 14, 2010. A string of school attacks shocked China in recent weeks. Police have been ordered to beef up security at school compounds and nearby residential communitiesEfforts should be made especially to ensure security in schools in remote areas so that "every kid is safe when they are in school," Meng said.He also urged local officials to care for the needy groups.Brutal attacks on children over the last two months in China have left 17 killed and scores injured. In the latest atrocity, a 58-year-old man killed seven children and two women with a meat cleaver at a kindergarten in northwestern Shaanxi Province on May 12.