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NAIROBI, Sept. 3 (Xinhua) -- Kenyan President Mwai Kibaki met here Friday with chen Zhili, vice chairwoman of the Standing Committee of National People's Congress (NPC), China's top legislature with both promising to make efforts to enhance bilateral ties.During the meeting, Chen expressed appreciation to President Kibaki and the Kenya government for the pivotal role they played in brokering peace in Sudan and the horn of Africa.Chen assured President Kibaki that China would provide the necessary support for peace and stability in the horn of Africa."Kenya, as a neighbor and the guarantor to the Comprehensive Peace Agreement (CPA) on Sudan, requires the support and not condemnation from the international community in her efforts to broker peace in Sudan," Chen said.The Chinese official also congratulated President Kibaki and other coalition government partners for the passage and promulgation of the country's new constitution.She thanked Kenya's support for the One-China policy.The two also exchanged views on enhancing Kenya-China cooperation under the China-Africa Cooperation Forum (FOCAC).President Kibaki hailed the cordial bilateral and trade relations between the two countries which have continued to flourish through exchange visits at all levels.The Kenyan president particularly expressed gratitude to China for its immense contribution to the African country's infrastructure development over the past years.Kibaki noted with appreciation that China is today one of the leading bilateral donors to Kenya's infrastructure development with a cumulative official development assistance reaching 36.7 billion Shillings.China and Kenya have signed agreements and MOUs in various fields including technical and cultural cooperation, trade, education, health, energy, agriculture and cooperative development.

BEIJING, Oct. 20 (Xinhua) -- China's central bank Tuesday announced a rise of its benchmark one-year lending and deposit rate by 0.25 percentage points effective from Oct. 20, a move widely seen as the government's action against inflationary pressure.The People's Bank of China (PBOC) said in a statement on its website that the one-year deposit rate will rise from 2.25 percent to 2.50 percent, and the one-year lending rate will increase from 5.31 percent to 5.56 percent.The rise, the first over the past three years, had not been anticipated and could be related to the impending September statistics and the third quarter statistics, said Jiang Chao, an analyst with Guotai Junan Securities.The CPI (Consumer Price Index), a key gauge of inflation, may maintain its high level in September, Jiang said.The rate hikes are the first in three years. The central bank last hiked rates on Dec. 21, 2007.The benchmark interest rate has been cut four times since the global financial crisis.Li Daokui, a member of the PBOC's monetary policy committee, said statistics showed China's economy has been bottoming out from the accelerated slump at the beginning of this year, but prices of goods remain at a high level, attracting attention from policy makers.Further, policy makers have to seek a balance between economic growth, restructuring and stable prices, Li said."Judging from the move, worries about soaring prices overwhelmed jitters on economic growth, as is the main reason for the interests rate hike. Negative interests rate (higher CPI increases than deposit interests rate) is also another reason," Li said.Liu Yuhui, an expert with the Institute of Finance and Banking at the Chinese Academy of Social Sciences, said the interests rate hike this time is related to expectations of inflation as the negative interests rate has continued for seven months.China has been experiencing hikes in prices of agricultural products, urban services like home rents and catering, Liu said."We believed it was caused by soaring labor costs, also related to issue of currencies and soaring living costs in cities," Li said.Prices of garlic, ginger and sugar have jumped in China's market. Sugar prices in Shanghai stood at 6,000 yuan (900.90 U.S. dollars) per tonne, much higher than 2,700 yuan per tonne seen one year earlier.

BEIJING, Aug. 29 (Xinhua) -- China's top legislature Sunday initiated a nationwide inspection over Agricultural Techniques Promotion Law in an effort to boost the development of the country's vast rural area while ensuring the nation's food security.Three inspection teams from the Standing Committee of the National People's Congress (NPC) will travel to six provinces and municipalities for supervision of the inspection in late August and September. Another eight teams from provincial level legislatures will be authorized to supervise the enforcement of the Agricultural Techniques Promotion Law and the Seed Law.Wu Bangguo, Chairman of the NPC Standing Committee, said the inspection teams should push local governments forward to pay more attention to popularizing agricultural techniques, transform techniques into increased agricultural output and raise the incomes of farmers.Promoting agricultural techniques and increasing technology's contribution to agricultural development is the fundamental method to resolve the agricultural difficulties caused by limited resources and markets in China, said Uyunqimg, Vice Chairwoman of the NPC Standing Committee.The Agricultural Techniques Promotion Law was passed by the top legislature and began to be put into use in 1993, which aims at promoting more adoption of scientific and technological achievements in agricultural production to assure the modernization of the nation's agriculture.Statistics show the ratio of scientific and technological contributions to agricultural growth in China has increased from 26 percent in 1993 to 51 percent in 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.

KUNMING, Aug. 29 (Xinhua) -- At least 14 people were injured and more than 7,300 houses damaged in an earthquake that jolted Yunnan and Sichuan provinces in southwest China Sunday.The earthquake measuring 4.8 on the Richter scale occurred at 8:53 a.m., hitting an area bordering the two provinces.The epicenter, with a depth of about 10 kilometers, was located at 27.1 degrees north latitude and 102.9 degrees longitude, according to the earthquake network center in Sichuan.Thirteen people were injured in the latest earthquake, and 7,354 houses were destroyed in the quake, including 122 houses being toppled, plus road cave-ins in Qiaojia County of Yunnan, according to Zhou Yingbin, deputy head of the county government.Another person was slightly injured in Ningnan County of Sichuan, local officials said, who added that nobody was reported dead or missing in the quake.