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Premier: China to keep year's CPI rise around 4.8% |
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10:30, March 05, 2008 |
China has set the target of keeping this year's CPI at around 4.8 percent, given the inflationary pressure and strong influence from last year, Premier Wen Jiabao said at the annual parliament session on Wednesday.
The primary task for macroeconomic regulation this year is to prevent fast economic growth from becoming overheated growth and keep structural price increases from turning into significant inflation, Wen said in his report to the First Session of the 11th National People's Congress opening on Wednesday.
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