久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

您現在的位置: Language Tips> Audio & Video> China Daily Audio News  
 





 
Pork prices have CPI over a barrel
[ 2007-09-12 13:34 ]

Download

Inflationary pressure continues to build with the consumer price index - a key gauge of inflation - surging 6.5 percent in August, the highest since December 1996.

The upward spiral, driven mostly by an 18.2 percent surge in food prices, followed the indicator's rise to a 10-year high of 5.6 percent in July, from 2.2 percent in January.

The stock market tumbled 4.5 percent yesterday as investors panicked at the news, fearing more tightening measures.

Prices of pork and other meat surged 49 percent; cooking oil, 34 percent; and eggs, 23.6 percent, the National Bureau of Statistics said yesterday.

Prices of non-food products rose 0.9 percent, the bureau said.

Inflation for the first eight months reached 3.9 percent, and economists and government organizations forecast the CPI for the whole year will surpass 3 percent, the target set by the central government.

Facing mounting price pressures, central bank governor Zhou Xiaochuan told a meeting in Switzerland on Monday that "curbing inflation is our objective".

Goldman Sachs' Asia Economics Research Group expects the People's Bank of China (PBOC) to further tighten monetary measures.

The bank has raised interest rates four times this year, with the latest on August 21, when the benchmark one-year deposit rate was raised to 3.6 percent.

However, the return on deposits is still below the inflation rate.

The PBOC also announced last week, the seventh time in less than a year, that it will raise the reserve requirement ratio by 0.5 percentage points for commercial banks to 12.5 percent starting September 25, in a bid to "control excessive bank lending".

"Going forward, we believe there are non-trivial risks that inflation may continue to edge up," said the research group.

However, major central government departments insist that the current inflation, mainly caused by food price hikes, is structural and inflation growth will slow in the fourth quarter.

Yao Jingyuan, chief economist with NBS, said the CPI growth will slow after the third quarter because of increased supply of pork and other foodstuffs.

The National Development and Reform Commission (NDRC), the top economic planner, said all food demand except pork can be satisfied, and "we see no threat of severe inflation."

International standards set annual price hikes of 5 percent as a benchmark of high inflation.

Lu Zhongyuan, a senior researcher at the State Council Development Research Centre, said the measures taken by the government to control price hikes have been effective and that inflation growth will be curbed.

However, some renowned economists, led by Justin Lin from Peking University and Wang Tongsan from the Chinese Academy of Social Sciences, said the country has entered a cycle of high consumer prices; and warned of an inflation threat.

They said record high investment costs, growing wages, increasing consumption demand and price hikes in the international market have fueled inflation fears.

(China Daily 09/12/2007 page 1)

Questions:

1. The price of cooking oil in China has risen by how many percent?

2. According to Zhou Xiao-chuan, what is the objective of China’s Central Bank?

Answers:

1. 34%.

2. Curbing inflation.

(英語點津 Linda 編輯)

About the broadcaster:

Marc Checkley is a freelance journalist and media producer from Auckland, New Zealand. Marc has had an eclectic career in the media/arts, most recently working as a radio journalist for NewstalkZB, New Zealand’s leading news radio network, as a feature writer for Travel Inc, New Nutrition Business (UK) and contributor for Mana Magazine and the Sunday Star Times. Marc is also a passionate arts educator and is involved in various media/theatre projects in his native New Zealand and Singapore where he is currently based. Marc joins the China Daily with support from the Asia New Zealand Foundation.

 
 
 
相關文章 Related Stories
 
         
 
 
 
 
 
         

 

 

 
 

48小時內最熱門

     
  “拋媚眼”怎么說
  Click《人生遙控器》(精講之九)
  布什又犯口誤 稱APEC為OPEC
  Dirty work:扮“白臉”
  Click《人生遙控器》(精講之八)

本頻道最新推薦

     
  女孩的心思誰能猜:Suspended from class
  《說點什么吧》:Say something anyway
  Mountain and cowboy culture meet in Jackson Hole
  Livestock disease spreads in Britain
  Working magic in the garden with beans

論壇熱貼

     
   "電視選秀"怎么翻譯?
  how to translate "造星"
  how to translate "特供豬"?
  參加BBC在線競賽 獲免費倫敦游機會!
  how to say "代言"
  “試婚”怎么說






主站蜘蛛池模板: 窝窝女人体国产午夜视频 | 日本加勒比系列 | 中文三 级 黄 色 片 | 免费一级特黄特色黄大任片 | 久久国内精品自在自线软件 | 欧美亚洲综合网 | 亚洲午夜精品一级在线播放放 | 精品热线九九精品视频 | 中国高清色视频www 中国黄色网址大全 | 99热成人精品热久久66 | 美女一级片| 国产久草在线 | 免费公开视频人人人人人人人 | 好吊操这里只有精品 | 一级毛片私人影院老司机 | 欧美一级久久久久久久大片 | 91香蕉国产在线观看免费永久 | 不卡的毛片 | 亚洲欧美日韩精品永久在线 | 国产美女动态免费视频 | 欧美一区二区三区精品影视 | 男人的天堂在线观看入口 | 欧美做爰免费大片在线观看 | 国产一级毛片免 | 免费看黄色三级毛片 | xxxxaaa欧美另类 | 亚洲国产成人九九综合 | 精品久久久久久久 | 三级做人爱c视频18三级 | 欧洲国产伦久久久久久久 | 毛片视频网站在线观看 | 欧美极品在线视频 | 免费区欧美一级毛片精品 | 欧美成人se01短视频在线看 | 99国产精品高清一区二区二区 | 久久精品国产国产 | 欧美在线综合视频 | 免费男女视频 | 美女网站在线观看视频18 | 成人中文在线 | 伊在人亚洲香蕉精品区 |