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Wen: to stabilize prices for top priority
Source:Chinese fertilizer nets   Time:2011-04-11   Read:964second  

Chinese premier wen jiabao said to prevent prices from rising rapidly and economic appear large fluctuation to stabilize prices total level is the current macro-control priority. Comprehensive use of open market operation and so on many kinds of price and quantity tool offset inflation monetary factors.

The xinhua news agency reported Saturday quoted wen jiabao words to deal with good amount and structure, the relationship between inflation and promote economic growth.

"Comprehensive use of good open market operation, the deposit reserve rate and interest rate and exchange rate and so on many kinds of price and quantity tool offset inflation currency factor. Raise the proportion of direct financing to strengthen the support of economy." he said.

Market expectations under the national bureau of statistics on Friday march consumer price index (CPI) will reach 5.2 percent year-on-year increase of China's central bank to curb inflation j Wednesday raised benchmark interest rates on one-year every 0.25 percentage point for years the second and fourth last year to raise rates.

Wen and pointed out that this year since import and export trade maintained a rapid growth momentum. In the import and export in equilibrium point of work to put maintain stable growth and optimization of foreign trade import and export structure up.

To maintain the basic stability of foreign trade policy trade development way adhere to accelerate transformation of rejuvenating trade through science and technology, diversification and market diversification actively promote the upgrading of the processing trade comprehensively enhance the quality and efficiency of foreign trade.

China's customs released Sunday data showed that Chinese exports in March year-on-year growth of 35.8 percent year-on-year increase the same import trade deficit for surplus settlement. Besides wen jiabao 1.4 billion dollars and said the central enhancing estate market regulation goal is to clear determination is firm governments at all levels should earnestly shouldering responsibility. (KangXiZe)

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