Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
China
Most Searched: Xi Jinping   CPC   Economy   Achievements   Aircraft carrier   

China should remain on high alert for inflation: central bank governor

English.news.cn   2013-03-13 15:55:59            

Zhou Xiaochuan, China's central bank governor, speaks at a news conference on China's currency policy and financial reform held by the first session of the 12th National People's Congress (NPC) in Beijing, capital of China, March 13, 2013. (Xinhua/Qin Qing)

BEIJING, March 13 (Xinhua) -- China's central bank governor Zhou Xiaochuan said Wednesday that China should remain on high alert for inflation and the bank will take measures, including monetary policy adjustments, to stabilize prices.

Zhou made the remarks at a press conference on the sidelines of the parliament's annual session.

China's consumer price index (CPI), the main gauge of inflation, rebounded to a 10-month high of 3.2 percent in February.

Zhou attributed the higher-than-expected index partly to the lower comparison base last year as the data was calculated on a year-on-year basis.

On a month-on-month basis, February's CPI gained 1.1 percent from the previous month.

China aims to hold this year's consumer price growth at around 3.5 percent, lower than the 4-percent target for 2012 but higher than last year's actual inflation rate of 2.6 percent.

Editor: Deng Shasha
分享
Related News
Home >> China            
Most Popular English Forum  
Top News  >>
Photos  >>
Video  >>
Top China News Latest News  
  Special Reports  >>
010020070750000000000000011107821322308431