Home Business Politics Life Culture��Edu Sci��Tech Sports Photos
��Search
China Observer
�� China faces a task to improve skills of labor force
�� China��s promising military talents
�� New social stratum contributes greatly to society
Photos
�� Fashion show in Guangxi
�� Baby egrets in Anhui
�� Anhui draw Yangtze River water to Chaohu Lake
Coconut Oil, Flash Mp3 Player , Fruit , Electric Scooter, Leather Sofa,
Swimwear, Beverage Dispenser, Kitchen Furniture, GSM Phone, Juice
Concentrate, Tractor Fertilizer, Car Engine , Electric Atv, Automotive
Switch , Display Showcase, Zinc Sulphate, Access Point, Network Card,
Laptop, Recovery Card, Aluminium Profile, Granite Countertop, Wind
Generator, Power Strip, Milk Powder, Ice Cream, Sweet Corn, Ketchup,
Yellow Tea, Instant Noodle, Frozen Seafood, Apple Juice, Nescafe,
Beverage Container, Baby Food, Digital Photo Frame, Silk Flower, Bamboo
Handicraft, Christmas Tree, Badge, Candle.
��Home>>Business
Inflation worries PBOC
www.chinanews.cn 2007-06-28 08:44:10
(Source: China Daily)
BEIJING, June 28 -- The People's Bank of China (PBOC) is concerned about
inflationary pressure and is ready to make use of a range of monetary
policy tools to curb prices rises, a senior official said yesterday.
"The central bank is firm on keeping inflation under control," Yi Gang,
assistant governor of the PBOC, told reporters at a fiscal forum in
Beijing.
"We have many tools at hand," Yi added.
China has seen its consumer price index (CPI) exceed the benchmark line
of 3 percent set by the central bank - in May, it hit a two-year high of
3.4 percent, after reaching 3 percent in April.
People have been expecting the central bank to raise interest rates or
take other tightening measures to rein in rising prices.
The central bank will make proper use of the tools to control inflation
and keep price levels and economic growth stable, Yi said.
He added that increased asset prices would not be a factor in taking
tightening measures.
"We are mainly concerned with inflation, which mainly means CPI in
China," he said.
In the long run, the central bank aims to keep real interest rates
positive, Yi said.
��Inflation could lead to rate hike
��Inflation rate hits 27-month high
��PBC: Inflation still haunts China
��China has no inflation pressure in middle term
Photos More
Shanghai International Film Festival
Root sculpture like the map of China
Feast for elders in Hong Kong
CIEPEC 2007 in Beijing
Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service
Learn Chinese, Learning Chinese, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, Beijing 2008 Olympics, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing, Travel to Tibet
No comments:
Post a Comment