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BEIJING, Oct. 13 (Xinhua) -- Chinese Vice Premier Wang Qishan Wednesday held phone talks with U.S. Commerce Secretary Gary Faye Locke and Trade Representative Ron Kirk to discuss expansion of China-U.S trade cooperation.Wang and Locke, who is also co-chair of the China-U.S Joint Commission on Commerce and Trade (JCCT), agreed to enhance the exchange of opinions between two countries and expansion of bilateral cooperation, to ensure the upcoming 21st JCCT would be able to make positive achievements, and contribute to promoting sound and stable development of the China-U.S relationship.The JCCT was established in 1983 as a platform for the two countries to promote trade relations and address issues of mutual concern. The 20th JCCT was held in east China's Hangzhou City on Oct. 28-29, 2009.
BEIJING, Sept. 1 (Xinhua) -- China on Wednesday rejected reports of the presence of over 11,000 Chinese troops in northern Pakistan, saying that such "groundless reports" were made with "ulterior motives.""We believe the attempts of some people to fabricate stories to provoke China-Pakistan or China-India relations are doomed to fail," said Foreign Ministry spokesperson Jiang Yu in a statement.The comment came in response to recent reports of some American and Indian press that China had deployed more than 10,000 troops in the Gilgit-Baltistan region of Pakistan.
JERUSALEM, Nov. 7 (Xinhua) -- Israeli President Shimon Peres on Sunday met here with Zhang Gaoli, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Party chief of China's Tianjin municipality. Zhang, heading a CPC delegation, extended greetings from Chinese President Hu Jintao to Peres.China and Israel have seen steady development of relations and frequent high-level exchanges since the establishment of their diplomatic ties 18 years ago, Zhang said, adding that the two countries have carried out extensive economic, cultural, scientific and technological cooperation.China appreciates Israel's adherence to the one-China policy, Zhang said. Zhang Gaoli (4th R, Back), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and chief of the CPC Tianjin Municipal Committee, attends the signing ceremony for business and trade cooperation projects between Tianjin China and Israel, in Jerusalem, Nov. 7, 2010.Strengthening and further developing Sino-Israeli friendly relations serves the fundamental interests of Chinese and Israeli peoples, as well as peace and prosperity in the Middle East, he stressed.Zhang said China is willing to deepen practical cooperation with Israel in various fields, and to promote the exchanges between political parties, governments, legislatures and the two peoples.The Israeli president asked Zhang to convey warm greetings to his Chinese counterpart.Peres is impressed by China's coordinated development in economy, society and culture, saying that the world has seen China 's promising future through her unprecedented achievements.Noting that the CPC has led the Chinese people in the endeavor to eliminate poverty, Peres said that China adheres to the path of peaceful development, and contributes to the world peace and stability.Israel is looking forward to bolstering the communication and cooperation with China in fields like science, technology, culture, education and particularly renewable energy, while consolidating traditional friendship with China. By doing so, Peres added, the two countries will join hands to enhance the bilateral relations to a new level.Later in the day, Zhang unveiled the "Jews in Tianjin" photo exhibition together with Isaac Herzog, Israel's minister of welfare and social services, and attended a signing ceremony for projects of Israel, Tianjing economic and trade cooperation with Minister of Science and Technology Daniel Hershkowitz.
BEIJING, Sept. 11 (Xinhua) -- China's August economic data released Saturday gave relief to market participants, with the figures demonstrating the economy's continued momentum despite the government's tightening measures and moves to cool the property market.Higher-than-expected growth in fixed asset investment, industrial production, retail sales and new loans, as well as the August trade data announced Friday, all pointed to the increasing strength of the Chinese economy.SIGNS OF RE-ACCELERATIONChina's industrial value-added output growth accelerated to 13.9 percent year on year in August from July's 13.4 percent growth, the National Bureau of Statistics (NBS) data showed.The rebound was the first increase in the speed of growth in industrial value-added output this year, after seven consecutive months of decreases in the rate of growth as the government introduced curbs on bank lending to energy-intensive industries and the property market. People buy vegetables in a market in Hefei, capital of east China's Anhui Province, Sept. 11, 2010. The consumer price index (CPI) rose 3.5 percent year on year in August, 0.6 percent higher than in July, the National Bureau of Statistics announced Saturday."It is a good result," the NBS spokesman Sheng Laiyun said, adding the August output data was a mild rebound from the 13.4 percent growth in July and 13.7 percent growth in June, suggesting China's industrial production stabilized from fast expansion in the first half.Retail sales growth accelerated to 18.4 percent in August. Urban fixed asset investment also maintained a strong growth in the first eight months, up 24.8 percent from a year earlier.Further, an unexpected acceleration in China's imports last month pointed to strong domestic demand. Exports grew 34.4 percent year on year in August, slowing from July's 38.1-percent surge, while imports rose 35.2 percent in August, sharply up from the 22.7-percent increase in July, customs data showed Friday.Zhang Liqun, a researcher with the State Council's Development Research Center, said the investment, consumption and exports data were good and suggested that China's economic growth rates will not decline significantly.New yuan-denominated lending picked up to 545.2 billion yuan (80.53 billion U.S. dollars) in August compared with the 532.8 billion yuan in July, the People's Bank of China, or the central bank, said in a separate statement Saturday.China's broad money supply (M2), which covers cash in circulation and all deposits, increased 19.2 percent year on year by the end of August, up 1.6 percentage points from the end of July.The rebound of M2 from July indicated that China's economic slowdown was not as rapid as expected, said Liu Yuhui, economist with the Chinese Academy of Social Sciences."The overall economy is stable and sound. It is heading in the direction expected and as set by the government's macro-economic controls," Sheng said.Earlier figures showed that China's GDP grew 11.1 percent year on year in the first half of the year. But its economic growth rate slowed to 10.3 percent in the second quarter, from 11.9 percent in the first three months the year.