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China's service trade continues to maintain the trend of stable and sound development. [Photo/IC]

China's producer price index (PPI), which measures costs of goods at the factory gate, rose 6.3 percent year-on-year in August, 0.8 percentage point higher than the July level.

China-CEEC cooperation is a good example of cross-regional and multilateral cooperation in the era of globalization. It builds on the economic similarity and complementarity of the participating countries, and is consistent with the trend of economic globalization and free trade. Cooperation platforms like this abound in the world. Our cooperation, which is results-oriented, meets the development needs of all participating countries.

Chinese Ambassador to the United States Cui Tiankai said on Wednesday that the deployment won't ease tensions or thwart dangers on the peninsula, but will undermine mutual trust among all parties.

Chinas latest action came after the US government started to impose punitive tariffs on billion of Chinese imports on Friday. China then retaliated by levying duties of the same amount to defend its interests.