China to keep stabilizing prices a top priority

Posted on May 4, 2011 in AllEconomic NewsGovernment News
China will continue to put stabilizing consumer prices and managing inflation expectation as a top priority for macro regulation, the Peoples Bank of China PBOC, the central bank, said Tuesday.

It is imperative to keep necessary intensity of the macro-regulation in a bid to consolidate and improve achievements from earlier efforts and boost the sound trend of economic development, said PBOC in its quarterly monetary policy report posted on its website.

via China to keep stabilizing prices a top priority – Peoples Daily Online.