BEIJING, March 20 (Xinhua) -- China on Friday unveiled a draft financial law to gather public feedback.The draft, published on the websites of the Ministry of Justice, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange, is open for public comment until April 19.As the first comprehensive basic law in China's financial sector, the draft seeks to strengthen financial regulation across the board, prevent and defuse financial risks, promote high-quality financial development, address prominent issues constraining such development, and better leverage the rule of law to consolidate foundations, stabilize expectations and deliver long-term benefits.The draft financial law consists of 11 chapters and 95 articles. It sets out provisions on the direction and overall requirements of financial work, modern central bank system, regulation of financial institutions, financial products and services, financial market system, financial regulation, risk disposal mechanisms, high-quality financial development and security, and legal liabilities.

BEIJING, March 20 (Xinhua) -- A total of 8,631 new foreign-invested firms were established across China in the first two months of the year, marking an increase of 14 percent year on year, the Ministry of Commerce said Friday.During the same period, actual use of foreign direct investment (FDI) in the Chinese mainland totaled 161.45 billion yuan (23.43 billion U.S. dollars), down 5.7 percent year on year.In terms of sectors, FDI inflows reached 47.52 billion yuan in the manufacturing sector and 111.22 billion yuan in the service sector.High-tech industries attracted 63.21 billion yuan in FDI during the period, up 20.4 percent year on year and accounting for 39.2 percent of the national total FDI.In terms of source countries, actual investment in China from Canada and Switzerland surged 210 percent and 41.3 percent year on year, respectively.

BEIJING, March 20 (Xinhua) -- China congratulates Nepal on completing the parliamentary election, and congratulates the Rastriya Swatantra Party (RSP) on becoming the largest force in Nepal's House of Representatives, Chinese foreign ministry spokesperson Lin Jian said on Friday.Lin made the remarks at a regular news briefing when asked to comment on the official results that the RSP won 182 out of 275 seats in the March 5 election.China supports Nepal in pursuing a development path suited to its national conditions and hopes that Nepal will smoothly advance its national political agenda, Lin said.As a traditional and friendly neighbor, China will, as always, support Nepal in safeguarding its independence, sovereignty and territorial integrity, and in achieving unity, stability, development and prosperity, he said.China stands ready to work with Nepal to carry forward our traditional friendship, deepen practical cooperation, and continuously advance the China-Nepal strategic partnership of cooperation featuring ever-lasting friendship for development and prosperity, the spokesperson added.