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Xinhua China News Digest at 16:00 GMT, Jan. 18
[January 18, 2013]

Xinhua China News Digest at 16:00 GMT, Jan. 18

Jan 18, 2013 (Xinhua via COMTEX) -- The following are China news stories moved by Xinhua News Agency as of 16:00 GMT, Jan. 18: TOP STORIES * 3rd LD-Writethru-China Focus: Scientists awarded top prize, Xi urges innovation-driven growth BEIJING, Jan. 18 (Xinhua) -- Explosion mechanics expert Zheng Zhemin and radar engineer Wang Xiaomo won China's top science award on Friday at a high-profile annual ceremony held to honor distinguished scientists and research achievements.

* 1st LD Writethru-China Focus: Undersea fiber optic cable links mainland, Taiwan TAIPEI/FUZHOU, Jan. 18 (Xinhua) -- An undersea fiber-optic communications cable directly linking the Chinese mainland and Taiwan was officially put into service on Friday.

* China Exclusive: Luxury maternity centers raise safety concerns SHANGHAI, Jan. 18 (Xinhua) -- Luxury consumption does not always mean quality service, or even safety.


FINANCE & BUSINESS * 2nd LD-Writethru-Xinhua Insight: Inequality index highlights urgency for distribution reforms BEIJING, Jan. 18 (Xinhua) -- China's first release of a rich-poor index for the past decade paints a far-from-rosy picture of what the country needs to do to bridge the wealth gap and make more people included in its magnificent growth story.

* Chinese SOEs' profits drop 5.8 pct in 2012 BEIJING, Jan. 18 (Xinhua) -- China's state-owned enterprises (SOEs) saw profits of 2.20 trillion yuan (348.56 billion U.S.

dollars) in 2012, down 5.8 percent year on year, the Ministry of Finance (MOF) said Friday.

---------------------------------------------------- YOUR QUERIES: Duty editor: Li Jianmin @ 8610 6307 3665 ----------------------------------------------------

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