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BEIJING, Aug. 11 (Xinhua) -- China's consumer price index (CPI), one of the main gauges of inflation, rose to its highest level this year boosted by rising food prices.The CPI gained 3.3 percent in July from a year earlier, 0.4 percentage points higher than in June, the National Bureau of Statistics (NBS) said Wednesday. It has exceeded the 3-percent full-year target ceiling the government set in March.Food prices, which account for about a third of the weighting in calculating the CPI, climbed 6.8 percent in July, compared with June's increase of 5.7 percent.The country's CPI gained 2.7 percent year on year in the first seven months of this year, 0.1 percentage points higher than the January-June figure, the NBS said.The producer price index, a major measure of inflation at the wholesale level, grew 4.8 percent year on year in July, 1.6 percentage points lower than in June, the NBS said.

BEIJING, Aug. 17 (Xinhua) -- Chinese experts on Tuesday refuted claims by the Pentagon released in a report that China is developing cyberwarfare capabilities, saying that the U.S. military was attempting to blacken China's image."I've never heard about any plans by China to develop its cyber attack forces, not to mention China's so-called 'organized cyber intrusion," Hu Qiheng, president of the Internet Society of China (ISC) told Xinhua on the sidelines of the China Internet Conference, which opened here Tuesday."It is a mere fabrication that China is using computer technologies to intrude on other countries' sovereignty," Hu said.The Chinese expert's comments came after the U.S. Department of Defense concluded early Tuesday in its annual assessment report sent to the U.S. Congress that "China is fielding...cyberwarfare capabilities to hold targets at risk throughout the region.""The U.S. purpose (of releasing such a report) is to tarnish China's image and exaggerate the threat China poses," Hu said.The U.S. was the top country of cyber attack origin in 2008, accounting for 25 percent of worldwide activity, according to a report by U.S. security firm Symantec.The ISC said more than 1 million Internet Protocol addresses in China were controlled by overseas hackers while 42,000 Chinese websites were tampered or hacked in 2009.Ni Feng, deputy director of the Institute of American Studies with the Chinese Academy of Social Sciences, said the United States has greatly outstripped any other country in terms of Internet technological power."As the source of Internet technology, the United States enjoys the most advanced Internet technologies and equipment in the world," Ni said, "thus it makes no sense and is beyond my comprehension for the United States to play up such cyber threat from China.""Maybe the only reasonable explanation is that the United States has always been on the alert for China's development," Ni said. "The U.S. government needs this kind of rhetoric as an excuse to scale up its cyberwarfare capabilities and win support from Congress, the media and the public at large.""If the United States continues such behavior, looking for topics to attack China, the mistrust between the two countries will only get worse," he added.

BEIJING, July 7 (Xinhua) -- Agricultural Bank of China (ABC), the last of the country's largest four banks to go public, announced Wednesday that it has set its A-share initial public offering (IPO) price at 2.68 yuan per share, hitting the high end of its IPO price range.The pricing of the shares means the bank could raise up to 10.12 billion U.S. dollars via the Shanghai portion of the IPO, as a greenshoe option has been exercised to expand the deal by 15 percent to 25.57 billion shares, ABC said in a statement filed with the Shanghai Stock Exchange.ABC plans a dual listing in Shanghai and Hong Kong in mid-July to replenish its capital base after a lending spree last year.It has yet to set the final IPO price for its Hong Kong portion, where it plans to sell 25.41 billion shares, excluding an over-allotment option.ABC set the price range for the Hong Kong portion at 2.88 to 3.48 HK dollars in late June.

BEIJING, June 9 (Xinhua) -- Chinese police will begin a special four-month campaign to crack down on the production and use of counterfeit automobile license plates on Thursday.Police around the country will target trade in fake license plates, registration papers and other license plate-related crime, the Ministry of Public Security said Wednesday in a statement on its website.Violators sometimes forge license plates for military and government vehicles to enjoy privileges like free expressway charges.Some drivers use stickers to cover their license plates to cheat police.The campaign will begin June 10 and finish Oct. 10.Police carried out similar campaigns during the 2008 Beijing Olympic Games and the National Day holidays in 2009 to create better traffic conditions.Statistics with the ministry show police nationwide seized about 267,000 counterfeit license plates in the 2008 campaign and 183,000 fake plates in the 2009 campaign.

ULAN BATOR, Aug. 16 (Xinhua) -- Mongolian Prime Minister Sukhbaatar Batbold Monday discussed bilateral ties here with Wang Jiarui, head of the International Department of the Communist Party of China (CPC) Central Committee.Batbold, also chairman of the Mongolian People's Revolutionary Party, said Mongolia will continue to work with China to add new substance to the Mongolia-China good-neighborly partnership of mutual trust and push the ties between the two parties and countries to a new stage.He said the partnership has moved forward smoothly in recent years, and the two parties have continuously deepened their exchanges and cooperation in various fields.Developing its ties with China is among the priorities of the foreign policy of the Mongolia's government, and is in the interests of the two peoples, he added.Wang, for his part, conveyed the sincere greetings and good wishes of President Hu Jintao, Premier Wen Jiabao and other Chinese leaders to Batbold.Wang said China would like to make joint efforts with Mongolia to implement the important consensus reached between leaders of the two countries, and take into account each other's core interest and major concerns. The two sides should push their bilateral partnership to a new high, and bring tangible benefits to the two peoples so that they can forever be good neighbors, friends and partners, he added.Wang kicked off the visit to Mongolia Sunday.

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