日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

BIZCHINA> Top Biz News
China's central bank warns of near-term deflation
(Xinhua)
Updated: 2009-02-23 23:59

China's central bank on Monday warned of deflation in the near term caused by continuing downward pressure on prices.

China's central bank warns of near-term deflation
In this April 10, 2008 file photo, a bank clerk counts Chinese currency notes in Shenyang, in northeast China's Liaoning province. [Agencies]

Commodities prices were low and weak external demand could exacerbate domestic over-capacity, the People's Bank of China (PBOC) said in an assessment of fourth-quarter monetary policy.

Related readings:
China's central bank warns of near-term deflation New consumer protection laws to take effect
China's central bank warns of near-term deflation Restore consumer trust
China's central bank warns of near-term deflation China's consumer price index up 1.0% in Jan

"Against the backdrop of shrinking general demand, the power to push up prices is weak and that to drive down prices is strong," the PBOC said. "There exists a big risk of deflation."

China's consumer price index (CPI), a major gauge of inflation, rose 1 percent in January from a year earlier. In that period, the producer price index (PPI), a measure of inflation at the wholesale level, dropped 3.3 percent.

But the PBOC also warned of medium and long-term inflation risks.

As the central banks worldwide injected a huge amount of liquidity into the financial system, commodities prices could repeat earlier rallies if market confidence recovered, it said.

The PBOC stated that China's economy faced further downside risks because of slackening external demand, over-capacity in some sectors and increases in urban job losses.

The gross domestic product expanded at a slower rate of 6.8 percent in the fourth quarter of 2008, as exports slumped and the property sector sagged, dragging down growth for the whole of 2008 to a seven-year low of 9 percent

But China had huge market potential and as the macro controls started to take effect, its economy was likely to maintain stable and relatively fast growth, it said.

To spur growth, the PBOC said it would ensure ample liquidity in the banking system and promote the reasonable and stable growth of credit.

It also reaffirmed that China would keep the Renminbi (RMB) exchange rate basically stable, while making it more flexible in a self-initiated, gradual and controllable manner.


(For more biz stories, please visit Industries)

 

 

主站蜘蛛池模板: 日本午夜大片 | www.激情| 天堂在线一区二区 | 四虎影库在线播放 | 久久av导航 | 毛片大全免费 | 在线看国产精品 | 爱爱精品| 日韩欧美色图 | 亚洲成人av免费观看 | 亚洲在线观看免费 | 伊人网在线视频 | 99ri在线 | 国产欧美亚洲一区 | 91精品综合久久久久久五月天 | 欧美日韩精品在线 | 欧美亚洲视频 | 欧美日韩免费 | 中文字幕中出 | 成人免费一级视频 | 一级片高清 | 在线看成人 | 国产成人麻豆 | 在线免费看黄 | 中文字幕亚洲一区 | 亚洲欧洲日韩 | av在线天堂 | 性xxxx视频播放免费 | h在线看 | 免费在线观看黄网站 | 天堂网在线播放 | 91国产网站| 欧美理论在线观看 | 四虎成人永久免费视频 | 色天堂视频| www四虎影院 | 九九自拍视频 | av自拍 | 97国产 | 女人十八岁毛片 | 国产区在线看 |