Inflation Seen Under Control_经济Business
inflation in china was expected to remain high this year but within the target level of 4 percent, central bank deputy director wu xiaoling was quoted as saying.
"as a result of increases in prices of raw materials, land and labor along with increases in the cost of production that have been passed along, there has been high inflation pressure," wu said in a shanghai securities news report.
however, despite this, inflation should be controlled around 4 percent this year, wu said.
premier wen jiabao at the close of the country’s annual national people’s congress last week set the country’s annual inflation target at the same level.
"as a result of increases in prices of raw materials, land and labor along with increases in the cost of production that have been passed along, there has been high inflation pressure," wu said in a shanghai securities news report.
however, despite this, inflation should be controlled around 4 percent this year, wu said.
premier wen jiabao at the close of the country’s annual national people’s congress last week set the country’s annual inflation target at the same level.