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China and the African Union exchanged views on the situation in Africa and other issues of common concern.
Washington wants to create a counterbalance to Beijing's growing influence in Asia.
Poly Technologies is one of several Chinese firms targeted by the US.
Beijing says it has always supported denuclearisation of the Korean peninsula.
China hope infrastructure projects will help improve their economy.
Private enterprises have now joined the oil and gas industry playing a significant role in the industry.
Hundreds of millions of Chinese workers are expected to travel great distances to their families.
Chinese tourists prefer shopping in London over sightseeing.
The data shows that China's foreign trade with the Association of Southeast Asian Nations grew 42.9 per cent.
Gold output in China for 2012 was almost 100 times that of 1949.