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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.

BEIJING, Oct. 7 (Xinhua) -- China saw a record number of road trips by travelers during the week-long National Day holidays that started Oct.1, data from the Ministry of Transport (MOT) showed Thursday.Travelers logged in a total of 474 million journeys on the roads between Oct. 1 and 7, up 10.9 percent from the same period last year, MOT spokesman He Jianzhong said, adding that the average figure per day was 67.71 million -- a new record high.He said a big increase in short- and medium-distance trips for sightseeing and visits to families and friends contributed to the boom.The country's transport authorities had to deploy 910,000 medium- and large-sized coaches nationwide per day to cope with the transport surge, he added.The waterways sector recorded about 8.66 million journeys during the seven days, up 25 percent from a year earlier, he said.

TEHRAN, Sept. 29 (Xinhua) -- Senior Communist Party of China ( CPC) official Li Changchun visited Iran from Tuesday to Wednesday, met with Iranian leaders and stressed bilateral cooperation.Li, a member of the Standing Committee of the CPC Central Committee Political Bureau, conveyed sincere greetings and best wishes to Iranian people in a written speech issued upon his arrival at the airport early Tuesday morning.Iran is an ancient civilized country with a long history which has created the splendid Persian civilization and made important contribution to the development and progress of human civilization, he said.Exchanges between China and Iran began more than 2,000 years ago, and the ancient Silk Road witnessed the continuation and development of the friendship between the two countries, Li added."China values the traditional friendship between the two sides, and during my stay here I will meet and hold talks with Iranian leaders, exchange our ideas on boosting the bilateral relations, discuss new ways to promote political mutual trust and deepen mutually beneficial cooperation, and promote bilateral exchanges and cooperation in political, economic and cultural aspects to gain new achievements," he said at the airport.Li met here Tuesday morning with the Iranian president and vice president to discuss bilateral relations.When meeting with Iranian President Mahmoud Ahmadinejad, he thanked the Iranian leader for offering condolences to China when the country was hit by severe natural disasters, including the earthquake in Yushu, Qinghai province, and the mudslides in Zhouqu, Gansu province, and his attendance at the Shanghai Expo to celebrate Iran's National Pavilion Day.With joint efforts by the two countries in recent years, bilateral relations have maintained a good momentum, political mutual trust has been enhanced and bilateral trade cooperation has been widened, exchanges in culture, education and tourism have been expanded, and traditional friendship between the two peoples has been deepened.The two countries are faced with challenges as well as development opportunities regarding regional and world stability, tackling the impacts of the international financial crisis and boosting economic development, he noted.The CPC official said China is willing to cooperate with Iran to seize the opportunities to consolidate and develop bilateral relations in various areas.Li put forward a four-point proposal to develop bilateral relations, including maintaining high-level contacts and deepening political mutual trust, boosting pragmatic cooperation, strengthening cultural exchanges, and maintaining coordination in international affairs.Li and Ahmadinejad exchanged their views on international and regional issues of common concern.Li reiterated China's stance to solve the Iranian nuclear issue through negotiations. "China is willing to continue playing a constructive role in this regard," he said.Ahmadinejad asked Li to convey his greetings to Chinese President Hu Jintao and said he agreed with Li's proposal on further boosting bilateral relations.The Iranian president pointed out that Iran and China share similar views on the current world situation and global issues, and they face similar challenges and opportunities."Development of friendly relations between the two countries is in the interest of the two peoples and regional peace," he said. "Iran will continue implementing friendly policies toward China, boost pragmatic cooperation in different fields and realize the common development of the two sides."While expressing appreciation for China's long-standing efforts to help solve the Iranian nuclear issue, he said Iran is committed to solving the issue through negotiations.

BEIJING, Sept. 30 (Xinhua) -- Chinese Vice President Xi Jinping said here Thursday that China will join hands with Cuba to strengthen cooperation and promote bilateral relations.Xi made the remarks when meeting with Vice President of the Council of Ministers of Cuba Ricardo Cabrisas Ruiz, who was here to celebrate the 50th anniversary of the establishment of China-Cuba relations.Extending the greetings of China's leadership to President of the Council of Ministers of Cuba Raul Castro Ruz and First Secretary of the Communist Party of Cuba Fidel Castro Ruz, Xi thanked Cabrisas for coming to China to attend the 50th anniversary celebrations.Xi reviewed the history of China-Cuba relations. "The two parties and countries have always had mutual understanding and supported each other since the establishment of ties. The China-Cuba relations have endured the changes of the international situation."China will continue to support Cuba's just fight to maintain its sovereignty and oppose external interference, Xi said.He also spoke highly of the fast development of China-Cuba cooperation in many areas, featuring frequent political exchanges, deepening mutual trust, smooth development of economic relations and trade, expanding cultural exchanges and close coordination in international affairs.Cabrisas said bilateral relations between Cuba and China have witnessed comprehensive development over the past 50 years on the basis of mutual respect, equality and reciprocity.Cuba will further enhance its cooperation with China in investment, trade and tourism, and promote the development of Cuba-China relations and the ties between Latin America and China, Cabrisas said.

BEIJING, Oct. 24 (Xinhua) -- China's Ministry of Commerce (MOC) vowed to step up regulation of sugar markets on Sunday after reserves helped stabilize prices which recently rose to a record high amid continuing harsh weather.Between Oct. 10-17, the retail price of small-packed sugar averaged 7.68 yuan per kilogram in major cities, up 1.3 percent from the end of September, according to data provided by the MOC.It shows that prices have begun to stabilize, according to the MOC website. The ministry also vowed to strengthen market regulations.China auctioned 210,000 tonnes of sugar reserves on Oct. 22 in a bid to curb soaring prices, which have been blamed on this season's frequent extreme weather in China's major sugar-producing areas, as well as reduced supplies overseas.In southwest China's Guangxi Zhuang Autonomous Region, the country's major sugar-growing area, sugar prices hit a record 6,000 yuan per tonne (902.3 U.S. dollars) on Oct. 11.Further, sugar futures hit an eight-month high of 683.20 pounds per tonne in London on Oct. 15.Also, the MOC said government reserves remain abundant and pledged to improve market supplies and ensure the public's needs.Between October 2009 and September 2010, eight batches of reserve sugar, or a total of 1.71 million tonnes, were auctioned, according to the MOC.