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BEIJING, Dec. 11 (Xinhua) -- China's consumer price index (CPI), a major gauge of inflation, rose to a 28-month high of 5.1 percent in November, the National Bureau of Statistics (NBS) said Saturday.The growth rate picked up from 4.4 percent in October, according to the NBS. The inflation was driven by a 11.7 percent of surge in food prices, which accounts for one third of the basket of goods used to calculate China's CPI.The year-on-year increase in food prices grew from rises of 10.1 percent in October, 8 percent in September and 7.5 percent in August.From January to November, China's CPI rose 3.2 percent year on year, surpassing the government's target ceiling of 3 percent for the year.The producer price index (PPI) for China's industrial products rose 6.1 percent year on year in November, compared with a 5.0 percent gain in October.

VIENNA, Dec. 3 (Xinhua) -- China remained open to initiatives on the establishment of an international nuclear fuel bank , a senior Chinese diplomat said here Friday. "The International Atomic Energy Agency (IAEA should play an active role in establishing such mechanism, on the prerequisite of maintaining its independence, " said Hu Xiaodi, China's permanent representative and ambassador to the United Nations and other international organizations in Vienna. "China is of the view that the establishment and operation of multilateral mechanism on assurance of nuclear fuel supply involves complex political, economic, technical and legal factors as well as practical interests of all Member States, " Hu told a board meeting of IAEA. Referring to an U.S. proposal on the establishment of an IAEA low-enrichment uranium bank, Hu noted that some IAEA Member States still had concerns on that proposal. "The concerns of relevant states should be taken into full consideration and resolved in order to seek the most extensive support," Hu said. He also said that while the objective of preventing the proliferation of nuclear weapons should be promoted, Member States ' right to peaceful uses of nuclear energy should not be affected.There have been a number of initiatives to establish nuclear fuel reserve banks in recent years.The U.S. proposal envisions a nuclear fuel bank run by IAEA, to which countries could turn to if their regular supplies were cut.However, the plan has met opposition from some developing countries. They worry that a nuclear fuel bank could undermine their right to acquire their own nuclear technology for peaceful purposes. Some countries are also concerned with the possibility of fuel supply being controlled by western powers and used for political purposes.

BEIJING, Nov. 28 (Xinhua) -- China's top political advisor, Jia Qinglin, attended a ground-breaking ceremony for construction of Beijing Hyundai Motor's third auto plant in Shunyi District in suburban Beijing Sunday. Prior to the ceremony, Jia met with Hyundai Motor Chairman Chung Mong-koo and other guests. China and the Republic of Korea (ROK) have been upgrading relations, as well as political and cultural exchanges, since the forging of diplomatic ties in 1992, Jia noted.Trade between the two countries topped 150 billion U.S. dollars during January-September this year, up 36.7 percent year on year. China has become the ROK's largest trade partner and largest export market, Jia said, adding that the ROK is now China's third largest trade partner. Jia Qinglin (R, front), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with Hyundai Motor Chairman Chung Mong-koo (L, front) before attending a ground-breaking ceremony for construction of Beijing Hyundai Motor's third auto plant in Shunyi District in Beijing, Nov. 28, 2010. A joint-venture and subsidiary of Beijing Automotive Industry Holdings and Hyundai Motor, Beijing Hyundai was established in 2002 and manufactures Hyundai-branded automobiles for the Chinese market.While China' s economy has been growing at a stable and relatively fast pace, the automobile industry, a representative pillar sector in China, has shown robust growth and is expected to produce more than 15 million automobiles this year, Jia said.Also, the Chinese government has been encouraging automobile manufacturers to boost their research capacity and production of clean-energy-powered automobiles, seeking higher requirements for Beijing Hyundai in its future development, he said.Facing the new conditions, Beijing city and ROK Hyundai Motor must cooperate closely to improve high-technology and management levels to grasp the opportunities created by the boom in the Chinese automobile sector, he said.Beijing Hyundai's third plant, located in Yangzhen Township in Shunyi District, will have an annual production capacity of 400,000 vehicles when completed in 2012. Hyundai's two plants, also in Shunyi, currently produce a combined 600,000 units per year.

WUHAN, Jan. 18 (Xinhua) -- The fire in a residential area in Wuhan, capital of central China's Hubei Province, was put out Tuesday morning and no casualties were reported, local authorities said.The fire started at around 11 p.m. Monday from the first floor of a four-storey building in Qiaokou District, according to the city's fire control department.The building's first floor was a food market and more than 20 people lived upstairs. Most of them managed to escape after the fire started.More than 200 fire fighters had been dispatched to contain the blaze. Fire fighters rescued six from the building, including an old man and a child.The cause of the fire is still under investigation.

BEIJING, Nov. 19 (Xinhuanet) --Chinese companies Thursday denied allegations by a Zimbabwe trade union that said Chinese construction firms had violated labor laws there by underpaying and abusing local staff.Ge Yizhong, deputy general manager of Zim Nantong Construction, which is currently operating in Zimbabwe, told the Global Times that local workers his company had hired were satisfied with their working conditions, including salaries."There is no ill-treatment of workers at my company. We have provided protective clothing to local workers and pay them according to the regulations set out by the local trade union," he said. "We have adjusted working hours to meet workers' demands. We have raised their pay twice since last year to counter the devaluation of the local currency."Commenting on the allegations against Chinese companies, Ge said competition may prompt local unions to make such allegations, as more Chinese companies are doing business in Africa.His defense comes after the Zimbabwe Construction and Allied Trades Workers' Union accused Chinese construction firms operating in Zimbabwe of underpaying workers, forcing them to work overtime without pay and not providing them with protective clothing and pension contributions, Newsday, a Zimbabwe-based newspaper, reported Wednesday."We would like to warn the Chinese contractors who are operating in Zimbabwe that if they do not follow the laid-down laws, the union is going to take strong action against them," the union's secretary-general, Muchapiwa Mazarura, was quoted by the paper as saying.The construction union also said that the deals that the government entered into with the Chinese should not be compensated by Zimbabwe "donating human resources," adding that inhuman treatment of workers should come to an end, the report said.The Affirmative Action Group, a Zimbabwean lobby group, recently wrote to the Harare Municipality asking local authorities to stop licensing foreigners, especially the Chinese, as they were not bringing any real business to the country, according to the report.The trade volume between China and Africa surged from billion in the early 1990s to a historic high of 6.8 billion in 2008 is expected to top the 2008 figure by end of the year, according to China's Ministry of Commerce.Direct investment from China to Africa grew from million in 2003 to .36 billion in 2009.With growing trade between China and African countries and a surge in Chinese businessmen investing in the continent, disputes between Chinese and local Africans are on the rise.In September, there were two cases involving gunmen in Zimbabwe robbing the sites of Chinese construction groups stationed in the country, resulting in property losses and injuries to Chinese nationals, according to the Chinese Ministry of Foreign Affairs.Last month, Zambian police arrested two Chinese nationals who shot at 11 miners and one onlooker at the Chinese Collum Coal Mine in Zambia, the local Lusaka Times reported.Guo Wenchang, president of the Kenya-based China-Kenya Bicycle Manufacturing Company, told the Global Times that Chinese companies are generally welcomed by local Africans, as the Chinese help create jobs in the countries and boost local economies.Lei Xiaolei, a human resources manager for the Tanzania project office of the China Railway Jianchang Engineering Company, told the Global Times that due to an unfamiliarity with the local rules and culture, his company received dozens of labor-related lawsuits 10 years ago when his company began operating in Tanzania."Salaries are paid monthly in China, but here in Tanzania workers are paid every week. There was a lot of chaos concerning payments, but things are improved, as we have tailored our policy to fit the local rules," he said.Dong Baohua, a Shanghai-based lawyer specializing in labor law, told the Global Times that Chinese companies seeking investment in Africa should not be merely focused on making a profit, but also on understanding the local laws and how the local governments are functioning."Some companies falsely believe they can operate their businesses smoothly in Africa by simply building schools or making donations," Dong said."Though some local regulations may not be sound by themselves, understanding them would give Chinese companies a big edge in achieving success and assimilating into the local environment."