Vice Minister of Commerce, Ma Xiuhong, says that optimizing the industrial structure of foreign-invested enterprises and improving the way foreign funds are used will be the priority for absorbing foreign investment in the future.

By October 31, all but 6 of China's 1400 listed companies had published their quarterly report as scheduled.

China will build a nuclear power plant on the Yangtze River -- the first on the famous river -- if government approves the project.

Construction has begun on a large-scale ethylene project in Ningbo capable of producing one million tons of ethylene per year.

World oil prices rose on Monday amid supply concern of Nigeria.

China's overheated economy is showing signs of making a "soft landing", thanks to the government's macro control policies, particularly the tightening of land and credit supply, a government think tank said in a report.

The Organization of Petroleum Exporting Countries (OPEC)'s weekly average crude oil prices dropped 0.60 U.S.dollars to 54.16 dollars per barrel last week, the cartel's secretariat said on Monday.

Economic growth in 2006 is set to reach 2.6 percent in the Euro Zone and 2.8 percent in the whole of the European Union (EU), up from 1.4 percent and 1.7 percent respectively in 2005, according to EU forecasts released on Monday.

European tourism operators, who might have complained about the lack of quality hotel rooms and services in China and other parts of Asia decades ago, are now facing criticism for their unpreparedness for Asian tourists.

Chinese firms will hold a major exhibition in Sharjah, the United Arab Emirates (UAE), later this month to showcase a variety of products manufactured by the Asian nation, organizers of the event said in Nairobi Monday.