From Chinese Media
Govt action possible in Q1 to rein inflation
Updated: 2011-01-14 15:15
By Hao Yan (chinadaily.com.cn)
The National Development and Reform Commission (NDRC) may take new measures against possible high inflation in the first quarter, the China Securities Journal reported Friday, citing an official.
|
Prices are being pushed upward by imported inflation, and by the rising costs of labor, land and other resources, added Zhou.
Zhou did not name the specific measure to rein the inflation, but sources say the commission uses administrative policies more and more cautiously.
Specials
President Hu visits the US
President Hu Jintao is on a state visit to the US from Jan 18 to 21.
Ancient life
The discovery of the fossile of a female pterosaur nicknamed as Mrs T and her un-laid egg are shedding new light on ancient mysteries.
Economic Figures
China's GDP growth jumped 10.3 percent year-on-year in 2010, boosted by a faster-than-expected 9.8 percent expansion in the fourth quarter.