三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

   

CHINA / National

China facing increasing inflationary pressures - govt
(AFP)
Updated: 2006-07-26 12:42

China is bracing for higher inflation due to the rising costs of oil and other raw materials, with authorities also phasing in price hikes for electricity and water, state press said.


This file photo shows afternoon traffic along Beijng's 2nd Ring Road. China is bracing for higher inflation due to the rising costs of oil and other raw materials, with authorities also phasing in price hikes for electricity and water. [AFP]
 

"The price rises of raw materials have increased costs for producers and will eventually push up prices of finished products," the China Daily quoted Zhu Hongren, a top official at the National Development and Reform Commission, as saying.

"It's one of the problems China faces besides the spree of fixed assets investment."

Crude oil prices are 40 percent higher than July last year and copper more than double a year ago, Zhu pointed out.

China's consumer price index rose 1.4 percent in the second quarter of the year compared with the same period in 2005, official data released Tuesday last week showed.

The index -- the main gauge of inflation and a key factor in determining the temperature of the economy -- was up 1.5 percent in June alone, the National Bureau of Statistics said.

The consumer price index for the first six months climbed 1.3 percent, when the economy grew by 10.9 percent, according to the bureau.

These rates are low by most standards and some analysts have said they could reflect the pressure of oversupply and overcapacity in the Chinese economy.

However, inflation has been picking up slowly and the rise in prices for oil and many commodities has been so sharp and sustained that many believe it will inevitably lead to sharper price increases to come.

Energy and water prices were set to rise throughout the country due to the general problem of resource shortages, aside from the immediate concern of higher prices, the China Daily said in a separate editorial.

"Increased power and energy prices are  inevitable as the Chinese economy increasingly tests its resource and environmental limits," the editorial said.

"To prepare the country for such energy challenges, all businesses must be urged to improve their energy efficiency as much as possible. Higher power prices should serve to encourage them to undertake otherwise painful reforms."

Many areas across the country have already introduced some price hikes as a way to encourage water conservation and ease water shortages, according to various state press reports this week.

From China's western-most Xinjiang region, to Shaanxi province in the north and Guangdong in the south, water prices have risen between 15 to 23 percent recently, the reports said.

 
 

Related Stories
 
主站蜘蛛池模板: 好好的曰www视频在线观看 | 久久精品视频免费看 | 久久99精品福利久久久 | 日本一二三精品黑人区 | 久青草国产手机视频免费观看 | 亚洲日本va在线观看 | 1024国产手机视频基地 | 日韩a无v码在线播放免费 | 黄色福利片 | 成人黄色小视频 | 久久手机免费视频 | 一级片黄色一级片 | 91在线在线啪永久地址 | 国产最新视频 | 日本在线日本中文字幕日本在线视频播放 | 欧美啪啪毛片一区二区 | 99re最新 | 不卡一区二区在线观看 | 国产精选在线播放 | 激情另类国内一区二区视频 | 妞干网免费视频 | 久久精品亚瑟全部免费观看 | 一级毛片成人免费看a | 国产小视频在线播放 | 成人在线精品 | 国产一区二区三区四区在线 | 国产一级特黄特色aa毛片 | 日韩a级片 | 久久精品国产无限资源 | 最近中文日本字幕免费完整 | 开心激情站 | 在线日韩欧美一区二区三区 | 毛片网站在线观看 | a级毛片高清免费视频 | 中文字幕在线综合 | 九九热精品在线视频 | 亚洲成年人 | 日本国产在线观看 | 欧美a级片免费观看 | 欧美一级淫片吊带丝袜 | 欧美一级特毛片 |