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WASHINGTON, July 28 (Xinhua) -- Holding an umber basketball in his hand, Chinese Vice Premier Wang Qishan became the center of attention at the end of the first round of the China-U.S. Strategic and Economic Dialogue on Tuesday. The basketball, with Barack Obama's autograph, is a gift from the U.S. president to Chinese Vice Premier Wang Qishan who is the co-host of the "Economic Track" of the dialogue.     The basketball is considered a symbol of the U.S. government's hospitality and gratitude to Chinese officials for their efforts in making this dialogue a success. U.S. President Barack Obama (R) presents a basketball to Chinese Vice Premier Wang Qishan (C), special representative of Chinese President Hu Jintao, as Chinese State Councilor Dai Bingguo (L) stands by in the Oval Office of the White House in Washington, on July 28, 2009. Obama met with Chinese Vice Premier Wang Qishan and State Councilor Dai Bingguo, special representatives of Hu, here on Tuesday. Wang Qishan and Dai Bingguo were in Washington to participate the two-day US-China Strategic and Economic Dialogue concluded here on July 28.     During his closing address, Chinese State Councilor Dai Bingguo, co-host of the "Strategic Track," introduced the basketball to reporters, as he hailed the "in-depth, broad, candid, and productive" discussions between the two sides and expressed the Chinese delegation's appreciation of what the American government has done to arrange the dialogue.     He also said that the Chinese side will work together with the U.S. side to make good preparations to ensure that President Obama's first visit to China later this year will be a success. Chinese Vice Premier Wang Qishan (L), special representative of Chinese President Hu Jintao, holds a basketball presented by the U.S. President Barack Obama as a gift in the Oval Office of the White House in Washington, on July 28, 2009. It was not the first time that basketball took the central stage during the two-day meeting.     During his speech at the opening session on Monday, Obama, who is a well-known basketball fan, reached out to his Chinese guests by quoting Chinese NBA star Yao Ming.     "As a new president and also as a basketball fan, I have learned from the words of Yao Ming, who said, No matter whether you are new or an old team member, you need time to adjust to one another," said the president.     "Well, through the constructive meetings that we've already had, and through this dialogue, I'm confident that we will meet Yao's standard," he said. 

BEIJING, Aug. 2 (Xinhua) -- China's consumer price index (CPI) decline pace would slow down in the second half and the CPI would drop about 0.5 percent for the whole year, Lian Ping, chief economist of Bank of Communications, the country's fifth largest lender, told Xinhua Sunday. China's CPI, a main gauge of inflation, dipped 1.1 percent in the first half from a year earlier, according to the National Bureau of Statistics (NBS) figures. This graphics made on August 1 shows prices of edible oil drop while those of meat and eggs increase compared with those on July 1 in China. China's consumer price index (CPI) decline pace would slow down in the second half and the CPI would drop about 0.5 percent for the whole year, Lian Ping, chief economist of Bank of Communications, the country's fifth largest lender, told Xinhua Sunday    "China might see a CPI rise in the fourth quarter along with the recovery of the economy," Lian said.     He predicted that China would see a moderate CPI rise next year, with the growth pace less than 4 percent.     The Shanghai-based bank said in a Saturday report that China's economy would continue to recover from the world financial crisis in the second half and expand at the rate of 8.5 percent for the whole year.

BEIJING, Sept. 25 (Xinhua) -- China held a grand reception hereon Friday to celebrate the 60th anniversary of diplomatic ties with Russia as well as the founding of the China-Russia Friendship Association.     Addressing the occasion, China's top political advisor Jia Qinglin described China-Russia relations as in the best period of history, citing frequent high-level exchanges, unprecedented political trust and substantial cooperation in various areas.     "The China-Russia relationship has become one of the most energetic and influential bilateral ties around the world, which not only brought benefit to the two peoples but also contributed to world peace and development," said Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Qinglin, chairman of the National Committee of the Chinese People's Political Consultative Conference, addresses a reception to celebrate the 60th anniversary of the establishment of the diplomatic ties between China and Russia and of the founding of the China-Russia Friendship Association, in Beijing, capital of China, Sept. 25, 2009Chinese President Hu Jintao had fruitful talks with his Russian counterpart Dmitry Medvedev on Sept. 23 in New York, and both reached broad consensus on important topics including bilateral cooperation and other issues of common concern, he said.     Jia called on the two countries to promote the bilateral strategic partnership of cooperation from a strategic height and overall perspective, stick to the principles of the Sino-Russian Good-Neighborly Treaty of Friendship and Cooperation, keep high-level contacts and exchanges among various levels, respect each other's core interests and enhance cooperation among local governments.     Russian ambassador to China Sergei Razov echoed that currently Russia-China relations are in their best period in history. Hailing the epoch-making significance of setting up bilateral diplomatic ties, he said Russia-China relations were based on common interests and enhanced trust and support.     "The increasing coordination between the two countries had made a great contribution to the formation of a new world situation," he added.     Some 280 delegates from both countries attended the reception including President Chen Haosu of the Chinese People's Association for Friendship with Foreign Countries, and President Mikhail Titarenko of the Moscow-based Russia-China Friendship Association.

NEW YORK, Sept. 22 (Xinhua) -- Chinese President Hu Jintao met his U.S. counterpart Barack Obama here on Tuesday to exchange views on bilateral ties and other important issues of common concern.     The Chinese president said at the start of their meeting that China-U.S. relations are now showing a sound momentum of development, and the two countries are developing a positive, cooperative and comprehensive relationship.     A sound China-U.S. relationship is not only in the interests of the two countries, but also conducive to peace, stability and prosperity in the Asia Pacific region and the world at large, Hu said. Chinese President Hu Jintao (R) meets his U.S. counterpart Barack Obama in New York, the United States, Sept. 22, 2009    Hu expressed the willingness to work with the U.S. side to deepen cooperation in various fields. He hoped both sides would properly handle problems in bilateral ties so as to push forward the relations.     Obama said he is committed to building a genuine, cooperative and comprehensive relationship between the two countries. He expressed the willingness to further advance the cooperative relations. Chinese President Hu Jintao (R) meets his U.S. counterpart Barack Obama in New York, the United States, Sept. 22, 2009. The two leaders were meeting on the sidelines of the UN climate change summit and other UN meetings. This has been their second meeting this year since April 1 when they met in London during a Group of 20 summit on the global financial crisis.     During their London meeting, Hu and Obama agreed to work together to build a positive, cooperative and comprehensive relationship in the 21st century.     Since Obama took office in January 2009, China-U.S. relations have achieved a smooth transition and maintained a positive momentum of growth.     The first China-U.S. Strategic and Economic Dialogue was held in Washington in late July, when the two countries pledged to intensify bilateral ties and expand cooperation on major international issues and shared global challenges.

NEW YORK, Sept. 22 (Xinhua) -- Chinese President Hu Jintao met his U.S. counterpart Barack Obama here on Tuesday to exchange views on bilateral ties and other important issues of common concern.     The Chinese president said at the start of their meeting that China-U.S. relations are now showing a sound momentum of development, and the two countries are developing a positive, cooperative and comprehensive relationship.     A sound China-U.S. relationship is not only in the interests of the two countries, but also conducive to peace, stability and prosperity in the Asia Pacific region and the world at large, Hu said. Chinese President Hu Jintao (R) meets his U.S. counterpart Barack Obama in New York, the United States, Sept. 22, 2009    Hu expressed the willingness to work with the U.S. side to deepen cooperation in various fields. He hoped both sides would properly handle problems in bilateral ties so as to push forward the relations.     Obama said he is committed to building a genuine, cooperative and comprehensive relationship between the two countries. He expressed the willingness to further advance the cooperative relations. Chinese President Hu Jintao (R) meets his U.S. counterpart Barack Obama in New York, the United States, Sept. 22, 2009. The two leaders were meeting on the sidelines of the UN climate change summit and other UN meetings. This has been their second meeting this year since April 1 when they met in London during a Group of 20 summit on the global financial crisis.     During their London meeting, Hu and Obama agreed to work together to build a positive, cooperative and comprehensive relationship in the 21st century.     Since Obama took office in January 2009, China-U.S. relations have achieved a smooth transition and maintained a positive momentum of growth.     The first China-U.S. Strategic and Economic Dialogue was held in Washington in late July, when the two countries pledged to intensify bilateral ties and expand cooperation on major international issues and shared global challenges.