国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Wen says fully confident in controlling inflation

(Xinhua)
Updated: 2008-03-18 11:34

Chinese Premier Wen Jiabao said Tuesday that the government is fully confident in controlling inflation this year, although it will not be an easy job.

Related readings:
Wen pledges hefty investment under tight monetary policy
Inflation figures pressure China to act
CPI to remain high before easing in 2nd half
CPI leaps to 8.7% in February, 11-year high
China's producer prices up 6.6%, highest in 3 years

He made the remarks at a press conference following the conclusion of the annual session of the National People's Congress (NPC), the country's top legislature.

Wen acknowledged that it will be hard for China to attain its goal of holding the rise in consumer price index (CPI) at about 4.8 percent and controlling price hikes this year, which was made even more difficult by the worst sleet and snow disaster in decades in the first two months of this year.

"But we have no plan to change this goal," he told reporters.

The premier explained that it shows the resolve of the government to control price rises and curb inflation by setting the goal, and it will help stabilize the people's expectations for price rises by doing so.

"With price rises at a very rapid pace, the expectations for price hikes are usually more fearful than the price rises themselves," he said.

In addition, China has set this goal because it has confidence in what it has, he said, referring to the country's grain reserves of 150 to 200 million tons and general oversupply of major industrial products.

"As long as we take right policies and effective measures, we are fully confident that we can control the trend of excessive rises in prices," he said.

China's CPI rose 4.8 percent year-on-year in 2007 in China, mainly due to large increases in the cost of food and housing, Wen told the NPC annual session while delivering the government work report on March 5.

The key inflation indicator rose 8.7 percent in February over the same month last year, the highest monthly increase in nearly 12 years.

The figure was mainly pushed up by soaring food prices and the severe winter weather that wrought havoc in south China from January to February.

Food prices surged 23.3 percent in February, with pork prices up 63.4 percent, and vegetable prices rising 46 percent, contributing to about 80 percent of the CPI increase. Non-food prices edged up only 1.6 percent from a year earlier.

The February index was 1.6 percentage points higher than last month.


(For more biz stories, please visit Industry Updates)



资溪县| 凉城县| 赣州市| 南澳县| 商丘市| 闽清县| 伊春市| 太原市| 温泉县| 贺州市| 嘉善县| 基隆市| 平远县| 交口县| 永善县| 即墨市| 广平县| 西林县| 呼和浩特市| 当涂县| 中宁县| 恩平市| 南皮县| 梅州市| 循化| 津市市| 彰武县| 六枝特区| 涟水县| 榕江县| 武邑县| 确山县| 蒙自县| 张家港市| 麻江县| 阿尔山市| 兰考县| 云阳县| 安西县| 新绛县| 乐平市|