BEIJING, March 6 China will ensure prices stay
basically stable this year while at the same time deepening
price reform, a vice chairman at the state planner said on
China has many favourable conditions to achieve its consumer
inflation target this year, National Development and Reform
Commission (NDRC) vice chairman Ning Jizhe said at a news
conference in Beijing.
Premier Li Keqiang said on Sunday that China is targeting
around a 3 percent increase in the consumer price index (CPI)
this year. Last year, CPI rose 2 percent.
(Reporting by Kevin Yao; Editing by Kim Coghill)