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

Economy

Mild inflation may be long-term trend in China

(Xinhua)
Updated: 2011-05-23 09:19
Large Medium Small

BEIJING -- Taming China's inflation has topped media headlines over the past months. However, economists said instead of coming down, mild inflation would accompany China for a relatively long period of time.

China's inflation stayed stubbornly high in April, in spite of the government's efforts. The consumer price index, a main gauge of inflation, rose 5.3 percent in April from one year earlier, slightly lower than March's 5.4-percent rise, but still higher than expected.

Inflation, however, was an inevitable result for China's current stage of development, said Zhang Xiaojing, a researcher with the Chinese Academy of Social Sciences, a government think tank.

Related readings:
Mild inflation may be long-term trend in China Inflation 'set to increase further'
Mild inflation may be long-term trend in China Citizens feel inflation biting hard
Mild inflation may be long-term trend in China China's April inflation figure likely to drop
Mild inflation may be long-term trend in China China 2011 growth seen solid, inflation to quicken: Poll

China's rapid industrialization and urbanization have pushed up prices of resources, such as labor and land, which then fuels inflation, Zhang said.

Meanwhile, external factors, including rising prices of grain, resources and energy on the global market, causes imported inflation, and a sign of easing is expected to be seen in the short run, he said.

Xu Lianzhong, director of the Analysis and Prediction Office of the National Development and Reform Commission (NDRC), voices similar ideas as Zhang, but chose wages as the major cause for the mild inflation trend.

Over the past decades, China's economic boom has largely been built on cheap labor and excessive use of resources. But a new generation of migrant workers demanded higher pay and better treatment, which adds to labor costs at home.

In an effort to shift the economy to a more domestic consumption-driven growth, the government has been striving to raise farmers' incomes and those of low and medium-income groups in cities. The move would help enhance the public's purchasing power and also boost consumer prices, Xu said.

In the past year, the per capita income of China's urban residents grew 7.8 percent year-on-year. As a new emphasis, laid out in the country's 12th Five-year Plan (2011-2015), the government vowed to make wages outpace economic growth.

China should endure an inflation rate between five percent and 10 percent in the long term, which might be a necessary precondition for China to maintain relatively quick economic growth, said Wang Jian, secretary general of the NDRC's China Society of Marcoeconomics.

Although China faces a daunting battle against inflation, economists said the economy would not spiral out of control.

Wang noted that China would not descend into an inflation spiral because the country's inflation is mainly caused by imported inflation and rising food prices and wages, which would not contribute to an inflation rate of above 10 percent.

China's bumper grain harvest for seven straight years, overall balanced industrial market and overcapacity of production in some sectors would also reduce the chances for hyperinflation in China, economists said.

分享按鈕
主站蜘蛛池模板: 久久久亚洲天堂 | 91在线网站 | 天天在线免费视频 | 五月激情婷婷丁香 | 专业操老外 | 亚洲激情国产 | 真实的国产乱xxxx在线 | 奇米网av| 精品国产乱码久久久久久久 | 爽天天天天天天天 | 男女啪啪软件 | 国产a级免费视频 | 国产黄色自拍视频 | 婷婷射丁香| 午夜视频欧美 | 精品视频久久 | 91啪国产 | 91黄色免费网站 | 国产午夜精品一区二区 | a在线天堂 | 天天干天天插天天射 | 超碰免费在线观看 | 99久久久久成人国产免费 | 国产 日韩 欧美 精品 | 91夫妻论坛 | 国产三级精品视频 | 久久艹艹| 人人插人人搞 | 成人深夜福利视频 | 亚洲精品aaa | 久久国产精品无码网站 | 国产午夜久久 | 视频一区二区免费 | 超碰手机在线观看 | 日韩少妇视频 | 精品久久在线 | 香蕉视频在线网址 | 欧美日韩亚洲在线观看 | 亚洲不卡一 | 97爱爱爱 | 五月在线|