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BEIJING, Jan. 17 (Xinhua) -- Home prices in 70 major Chinese cities rose 0.3 percent month on month in December and 6.4 percent year on year, the National Bureau of Statistics (NBS) said Monday.The annualized growth rate dropped from 7.7 percent in November, making December the eighth consecutive month of slowing growth from a peak of 12.8 percent in April last year, when the government stepped up controls to curb prices.New home prices climbed 7.6 percent year on year last month and 0.3 percent month on month, while prices for second-hand homes rose 5 percent year on year and 0.5 percent month on month, said a statement on the NBS website.File photo taken on Nov. 14, 2010 shows a newly built residential community in east China's Shanghai Municipality.Property sales volume, in terms of floor space, was up 11.5 percent from a year earlier to 218.08 million square meters last month, and the value of sales rose 21.9 percent to more than 1.02 trillion yuan (about 155 billion U.S. dollars).Property sales for the whole of last year surged 10.1 percent year on year to 1.04 billion square meters, and the sales value was up 18.3 percent to 5.25 trillion yuan, it said.Property investment last year jumped 33.2 percent year on year to 4.83 trillion yuan. In December alone, 557 billion yuan was invested in the real estate sector, up 12 percent year on year.

BEIJING, Dec. 27 (Xinhua) -- Chinese stocks weakened Monday after the nation's central bank hiked rates on Saturday and amid speculation further monetary policy tightening to combat inflation is in the offing.The benchmark Shanghai Composite Index fell 1.9 percent, or 53.76 points, to finish at 2,781.4, following the central bank's decision to raise the benchmark one-year lending and deposit interests rate by 0.25 percentage points, its second rate hike in just over two months.The Shenzhen Component Index fell 2.02 percent, or 253.66 points, to end at 12,303.19 points.Combined turnover increased to 224.44 billion yuan (33.85 billion U.S. dollars) from 185.28 billion yuan the previous trading day.An investor watches a screen at a stock trading hall in Shanghai, Dec. 27, 2010. China's stock market dropped Monday. The benchmark Shanghai Composite Index lost 1.90 percent, closed at 2,781.40. The Shenzhen Component Index dropped 2.02 percent, closed at 12,303.19.Losers outnumbered gainers 834 to 76 in Shanghai and 1,125 to 89 in Shenzhen.China's consumer price index (CPI), a main gauge of inflation, rose to a 28-month high of 5.1 percent year on year in November.Besides hiking rates, China's central bank has increased banks' reserve requirement ratio six times this year, taking it to 19 percent for some banks.Shares of property developers dropped. China Vanke, the nation's largest real estate developer, lost 2.89 percent to 8.75 yuan. China Everbright Bank fell 3.7 percent to 3.91 yuan. PetroChina, China's biggest oil producer, declined 2.28 percent to 11.16 yuan.Coal producer shares gained 1.74 percent amid gains in international crude oil prices.China Shenhua Energy Co., China's biggest coal producer, climbed 0.02 percent to 25.05 yuan.

BEIJING, Dec. 8 (Xinhua) -- China reiterated its commitment to support Sudan's peace process, stressing that peace, stability and development of the country were of pivotal importance."The involved parties should resolve disputes through dialogue and consultation and work together to promote a smooth referendum in southern Sudan," Chinese Foreign Minister Yang Jiechi was quoted as saying in a press release issued by the Chinese Foreign Ministry here Wednesday.Yang's remarks came during the talks with his visiting Sudanese counterpart Ahmed Ali Karti. He also voiced the call for the referendum to be conducted in a "fair, free and transparent" way to reflect the true aspirations and choice of the Sudanese people.Chinese Foreign Minister Yang Jiechi (R) meets with his Sudanese counterpart Ali Karti in Beijing, China, Dec. 8, 2010.Restoring the peace between the north and south of Sudan and promoting their joint development serves the fundamental interests of the two sides and would also contribute to peace and stability of the region, Yang noted.A referendum on self-determination for southern Sudan is scheduled to be conducted on Jan. 9, 2011, as it was stipulated in the Comprehensive Peace Agreement (CPA) inked between north and south Sudan in 2005, which ended a two-decade civil war between the two sides.Karti said Sudan highly values its friendly and cooperative ties with China in various fields, pledging that the Sudanese government would adhere to its commitment to promote peace and national reconciliation and implement the CPA by substantial and effective approaches.As Yang's guest, Karti arrived in Beijing on Wednesday. It is his second official trip to China within three months since becoming foreign minister. The previous visit took place on Sept. 14 this year.

BEIJING, Jan. 4 (Xinhua) -- A senior Chinese military official has urged soldiers and officers to learn from the older generations' self-sacrifice and hardworking spirit in completing missions and ensuring the security of the country.Guo Boxiong, Vice Chairman of China's Central Military Commission, made the remarks Tuesday at a symposium to mark the 100th birthday of Yang Dezhi, former Vice Minister of Defense and Chief of the General Staff of the People's Liberation Army (PLA).Yang, born in 1911, participated in a series of wars and made great contributions to the liberty of the Chinese people and the founding of the new China. He died in 1994 at the age of 83.Hailing Yang's loyalty to the Party and his wisdom and bravery, Guo urged soldiers and officers to carry on the firm belief in the Communist undertaking and learn from Yang's various qualities in promoting the PLA construction and ensuring the security and development of the country.Chinese Vice President Xi Jinping and some 200 relatives and friends of Yang attended the symposium.

YAOUNDE, Jan. 13 (Xinhua) -- Visiting Chinese Vice Premier Hui Liangyu has met here with Cameroon's Prime Minister Philemon Yang with both vowing to further develop bilateral ties.During their meeting on Wednesday, Hui said since the establishment of diplomatic ties between China and Cameroon 40 years ago, the peoples of the two countries have stood together through thick and thin and enjoyed the steady development of bilateral ties featured with political mutual trust, frequent exchange of high-level visits and increasing volumes in bilateral trade.Hui said the friendly cooperation ties between China and Cameroon are in the fundamental interests of the two countries and the two peoples and contribute to the common development of the two countries.He said China is willing to work together with Cameroon so as to push the bilateral ties to a new high.Hui also made five-point proposals on developing the China- Cameroon ties which include further consolidating the political foundation of bilateral ties and continuing to understand and support each other on the important issues of core interests and common concern, further expanding economic and trade cooperation with China continuing to encourage its enterprises to cooperate with Cameroon in the sectors, among others, of infrastructure construction and air transportation, boosting agricultural cooperation and explore the ways and means of strengthening and deepening agricultural cooperation between the two countries, enriching the people to people and cultural exchanges of the two countries and considering to sign the new implementation plan of the cultural accords between the two governments at an appropriate time and strengthening the cooperation and coordination between the two sides in international affairs and working together to maintain the interests of the developing countries.For his part, Philemon Yang said in the past 40 years, Cameroon has always regarded China as a friend that can be trusted and the two countries have conducted cooperation in various areas.The prime minister said that his country is pleased that China has kept creating economic miracles, and that China has shared its development achievements with the world so as to realize the win- win.Philemon hoped that China will provide more aid to Cameroon in the sectors of irrigation works and highway construction.After their meeting, Hui and Philemon attended the signing ceremony of four accords including the economic and technology cooperation accord between the two governments.

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