China has no inflation pressure in middle term

时间：2007-03-26 01:08:18

（单词翻译:单击）

Chinanews, Mar1. 22 – Although the consumer price index (CPI) has kept growing over the past four months, this doesn't mean that Chinese economy will incur2 much inflation pressure in the middle term. Chinese government is more concerned with the inflation trend, not the current inflation level, said Zhou Xiaochuan, governor of the People's Bank of China, when he attended the recent annual forum3 of the Inter-American Development Bank, the Shanghai Securities Journal reported.

 

Last year, Chinese economy maintained a mode of high growth with low inflation rate, with the CPI growing by only 1.5% compared with the same period of the year before. However, in last November, CPI growth reached 1.9%, hitting a new high in twenty months. In last December, CPI growth further touched 2.8%. The trend continued in the new year. In January and February 2007, CPI growth rates reached 2.2% and 2.7%, respectively.

 

The high CPI growth has raised widespread concern in society. Zhou Xiaochuan also admitted that the CPI had grown “relatively high.” According to Chinese government work report, China intends to control CPI growth to below 3% this year.

 

In order to curb4 inflation, the central bank raised the interest rate last Saturday. The central bank said that it raised the Benchmark Interest Rates for Renminbi in order that the pricing system could remain stable. It is obvious that the central bank has taken some measures in advance to prevent the possible inflation rise.

 
分享到：


点击收听单词发音收听单词发音  

1 mar f7Kzq     
vt.破坏，毁坏，弄糟
参考例句：
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 incur 5bgzy     
vt.招致，蒙受，遭遇
参考例句：
  • Any costs that you incur will be reimbursed in full.你的所有花费都将全额付还。
  • An enterprise has to incur certain costs and expenses in order to stay in business.一个企业为了维持营业,就不得不承担一定的费用和开支。
3 forum cilx0     
n.论坛，讨论会
参考例句：
  • They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
  • The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。
4 curb LmRyy     
n.场外证券市场，场外交易；vt.制止，抑制
参考例句：
  • I could not curb my anger.我按捺不住我的愤怒。
  • You must curb your daughter when you are in church.你在教堂时必须管住你的女儿。

©2005-2010英文阅读网