四虎最新网站-四虎永久在线视频-四虎永久在线-四虎网站在线观看-国产精品一-国产精品亚洲一区

Texindex.Com
Home For Buyers For Sellers MY Office News 國內(nèi)貿(mào)易
    Industry News Texindex Press Releases Finance Company News The Largest Textile Market Online  
 
        Texindex.com runs the leading textile and apparel vertical nets , consisting of B2B Marketplace , Directory Search Engine , Career Center , Buyers'Guide , and Weblog in accordance with its 3C approach: Commerce Content Community
Not an Texindex.com memeber yet? Sign In
 
 

Mild inflation may be long-term trend in China: economists

2011-5-24
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.

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.
Source:Xinhua
 
Hot News
Featured Partners
 
Featured sites: Chemical Network | ChinaChemical Network | Chemical CAS database | ChemNet Mall | China Commodity price
Copyright © 1999-2025  YesHiTech (Zhejiang) inc. All Rights Reserved 浙B2-20090135-2 浙公網(wǎng)安33010602010414
Contact:succeed@texindex.com Tel:86-571-87671500 Fax:86-571-88228200 
主站蜘蛛池模板: 我金子般的孩子| 朝雪录电视剧免费观看| 《禁忌4》| 时间空间和人第二部| 罗中立的《父亲》详案| 热爱 电影| 欧美日韩欧美日韩| 不要好舒服| 极品白嫩嫩模酒店援交土豪av| 车仁表图片| 基础设施建设产业市场| 性视频在线播放| 聊斋之千年灵狐3姐妹完整版免费观看 | 蓝家宝电影| 墨雨云间电视剧| 纵横四海 电影| 永远少年电影免费播放| 叶子楣地下裁决| 乱世危情电视剧演员表| 学前教育科研方法的论文| 少妇灌肠调教日本视频| 劳力士电话客服电话24小时| 爆龙战队暴连者| 李美凤三级| dj歌曲串烧中文大全| 中转停留| 中国往事演员表| 雅马哈调音台说明书| 久久日韩精品嫩草影院| 追踪 电影| 三太太电影| 黄网站免费观看视频| 西野翔电影| 护送钱斯| 可可托海的牧羊人原唱歌曲| 叶子楣地下裁决| 电影电车| dj舞曲超劲爆dj| 龙岭迷窟演员表| 詹姆斯怀特| 在线黄色片|