e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

Latest Update
Special> 11th NPC & CPPCC 2008> Latest Update
UPDATED: March 5, 2008 From china.org.cn
No inflationary Spiral for China in 2008: Economist
China will not have inflationary spiral this year with a nine to 10 percent gross domestic product (GDP) growth, predicted Justin Yifu Lin in Beijing on Tuesday
  
Share

China will not have inflationary spiral this year with a nine to 10 percent gross domestic product (GDP) growth, predicted Justin Yifu Lin in Beijing on Tuesday.

"China's economy growth will maintain a high level this year and the inflationary spiral is not in sight," said Lin, newly-appointed senior vice president of the World Bank and a deputy to the 11th National People's Congress.

He contributed the high economic growth to "the country's down-to-earth economic polices, which are in the light of the practical situation of China and mobilize the creativity of its people," he said. As the nation's chief economist, Lin showed his concern toward the price surge and believed the government's macro-control on the rising prices was on the way.

"Chinese government is very flexible in exercising policies. The current tight monetary policy is just a good example," he said.

(Xinhua News Agency March 5, 2008)



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved