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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.

HANOI, Oct. 29 (Xinhua) -- Chinese Assistant Foreign Minister Hu Zhengyue accused Japanese representatives here Friday of violating China's sovereignty and territorial integrity through statements to the media during the summit meetings between the Association of Southeast Asian Nations (ASEAN) and its partners.The Japanese side also made untrue statements about the content of a meeting between Chinese and Japanese foreign ministers held earlier in the day, he said.Hu said the Japanese move ruined the atmosphere for leaders from the two sides to conduct talks in the Vietnamese capital.The Japanese side should take full responsibility for any consequence to arise, the Chinese diplomat said.It was known to all that China had always tried to preserve and push forward bilateral relations between China and Japan on the basis of the principles set out in the four political documents signed by the two countries, Hu said.However, the truth was that the diplomatic authority of Japan, in cahoots with other nations, tried to create noises on the issue of the Diaoyu Islands in the East China Sea in the lead-up to the summits between ASEAN and its partners. On top of that, during the summits, the Japanese side frequently made use of media outlets to make statements and comments that violated the sovereignty and territorial integrity of China, Hu said.When meeting with his Japanese counterpart, Seiji Maehara, Chinese Foreign Minister Yang Jiechi set forth China's principled position on the issue concerning the Diaoyu Islands, stressing that the Diaoyu Islands had been an integral part of Chinese territory since ancient times, Hu said.The Japanese side was making untrue statements about the content of the meeting and distorted China's stance in implementing the principled consensus between the two countries on the East China Sea issue, Hu said.

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, Nov. 5 (Xinhua) -- Chinese Vice Premier Wang Qishan on Friday called on China and the United States to strengthen economic cooperation and avoid politicizing economic issues. Wang made the remarks while meeting with Wendell P. Weeks, chairman and chief executive officer of Corning Incorporated, a large manufacturer of specialty glass and ceramics.Wang welcomed Corning's continued investment expansion in China, saying the economies of China and the U.S. were interdependent and highly complementary. Chinese Vice Premier Wang Qishan (R) meets with Wendell P. Weeks, chairman and CEO of Corning Incorporated, in Beijing, capital of China, Nov. 5, 2010.He called on the two sides to step up economic cooperation and make joint efforts to build a positive, cooperative and comprehensive Sino-U.S. relationship for the 21st century.Weeks expressed Corning's willingness to further cooperation with China.Later Friday, Wang also met with Josef Ackermann, chairman of the Management Board and the Group Executive Committee of the Deutsche Bank.During their meeting, the two sides exchanged views on the current international economic and financial situation as well as the reform of international financial supervision and regulation.

XI'AN, Oct. 30 (Xinhua) -- Chinese Vice Premier Li Keqiang has stressed the importance of industrial structure upgrading through reforms and innovation in line with scientific development and requirements from accelerating economic growth mode transformation.Li made the remarks while visiting Xi'an, capital of northwestern China's Shaanxi Province from Thursday to Friday.Also, Li said the people's living standards should be improved in economic growth and growth quality and benefits should be upgraded in restructuring, he said.Chinese Vice Premier Li Keqiang (L, front), also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, discusses with a technician on the issues concerning wireless communications at China IWNCOMM Co., Ltd. in Xi'an, capital of northwest China's Shaanxi Province, Oct. 28, 2010. Li Keqiang made an inspection to Xi'an on Oct. 28 and 29.Li visited the Xi'an-based China IWNCOMM Co., Ltd, which ranks among the leading global companies in network security technology.Li said industrialization of scientific results should be promoted in the high-tech sector and emerging strategic sectors should be actively developed to nurture new economic growth points.