Latest News:  
Beijing   Cloudy    25 / 17   City Forecast

Home>>China Business

Price stability still top priority: China's central bank

(Xinhua)

13:21, September 12, 2011

BEIJING, Sept. 12 (Xinhua) -- People's Bank of China, the country's central bank, reiterated on Monday that stabilizing the overall price levels remained the top priority of macro-economic regulation.

Some factors that drive prices upwards had been contained but not eliminated, while inflation remained at high levels, the central bank said.

It said the country would continue the prudent monetary policy and keep the growth of credit stable and moderate.

This came after data showed China's consumer price index, a main gauge of inflation, climbed 6.2 percent year-on-year in August, cooling from a 37-month high of 6.5 percent in July.

Email|Print|Comments(Editor:陈乐乐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Bengali white tiger cubs get Siberian tiger mother

  2. Steamed moon cakes made in traditional way in N China

  3. Two dead, two injured after wall collapses in NW China

  4. Nadal beats Murray 3-1 to enter US open final

Most Popular

Opinions

  1. Springtime for Libya?
  2. China firmly opposes US sales of F-16s to Taiwan
  3. Mastering the art of public speaking
  4. Arms traders fumbled contact with Gaddafi
  5. More effort needed to "go global"
  6. Cross-border RMB settlement developing rapidly
  7. Chinese FDI wrongly seen as harbinger of doom
  8. The unlearnt lessons of 9/11 today
  9. Opinion: China's economy has landed, safely
  10. Success in Libya cannot pull Europe out of crisis

What's happening in China

Chinese head for home in disaster-shadowed festival

  1. Huaxi Village completes controversial skyscraper
  2. New insurance law covers foreign employees
  3. Volunteers help Tibetan antelope hit the road
  4. All 12 trapped miners confirmed dead
  5. School stole teachers' identities

PD Online Data

  1. Water-Splashing Festival of Dai
  2. The Uyghur Muqam of Xinjiang
  3. Traditional Folk Long Song
  4. The Guqin and its Music
  5. Grand Songs of Dong