国产重口老太和小伙乱,国产精品久久久久影院嫩草,国产精品爽爽v在线观看无码 ,国产精品无码免费专区午夜,国产午夜福利100集发布

CPI expected to slide down below 5%
(People's Daily Online)
Updated: 2004-11-02 15:43

Su Ning, vice governor of China's central bank, made his prediction that China's consumer price index (CPI) would rise some 4.8 percent, 4.3 percent and 4.2 percent year-on-year in October, November and December respectively.

Su made the remarks at the 2004 China Forum on Economic Growth in Suzhou last weekend. He warned against any underestimation of the pressure of the current price rise. In his opinion, the recent decline of prices should be regarded as a result of the high base of the last year rather than an indicator of actual downward movement.

He said the central bank would hedge against excessive liquidity through open market operation to keep the steady growth of money supply. He also stressed the looming danger of possible rebound of investment.

Su reiterated People's Bank of China's commitment to prudent monetary policy.

Close