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[考试辅导] 金融英语阅读:China central bank highlights stable prices

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发表于 2012-8-16 08:12:37 | 显示全部楼层 |阅读模式
  BEIJING, Dec. 13 (Xinhua) -- The People's Bank of China, or the central bank, will make further efforts to maintain prices stable after China's inflation rate hit a 28-month high, according to reports on Monday.
* x  s! s  W1 @4 v" u, e2 Q$ n  The central bank will analyze global economic developments and balance the relations between stable and relatively fast economic development, economic restructuring and managing the expected inflation, according to a discussion held during the central bank's meeting.
9 s/ h, ~, d* {4 f  q  The central bank will enact stable monetary policies and seek to control fluidity, channeling credit funds to real businesses, especially agricultural and small and medium-sized enterprises, according to the central bank.' u) A" {; w% F& H# W
  The central bank will also improve yuan exchange rate formation mechanisms, according to discussions at the meeting.# j4 |$ O( a0 ^' h
  On Saturday, Chinese officials said the nation's inflation rate rose 5.1 percent in November year on year, which was a 28-month high.
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