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Analysts said the uptick in CPI growth will not constrain the nation's commitment to expanding domestic demand, as the figure should soon decrease with the abatement of flood impacts and a high base last year.

And for Mayor Sylvester Turner, it was his first trip to China.

And Gates has been lauding China's energy innovation. "China already is one of the world leaders in renewable energy," he said, noting that China's massive investment in renewable power sources will "pay off handsomely" for the country and as a "long-term global business opportunity."

Analysts expect trading on the STAR Market to become more rational in the medium term, with valuation levels to better reflect company fundamentals. Firms with strong fundamentals may sustain high valuations, while weaker ones may see a marked divergence in stock price performance.

An official with the economic and commercial section of the embassy quoted latest Chinese customs statistics as saying that during the January-February period of this year China imported .58 billion of goods from Ireland while exporting to the latter 0 million of goods, up 9.43 percent and 44.47 percent respectively over a year ago.