国内英语资讯:China central bank says no foundation for sustained inflation, deflation
<p><span word="BEIJING">BEIJING</span>, <span word="May">May</span> 10-- <span word="China">China</span>'<span word="s">s</span> <span word="central">central</span> <span word="bank">bank</span> <span word="said">said</span> <span word="on">on</span> <span word="Sunday">Sunday</span> <span word="that">that</span> <span word="despite">despite</span> <span word="short">short</span>-<span word="term">term</span> <span word="price">price</span> <span word="disruptions">disruptions</span> <span word="caused">caused</span> <span word="by">by</span> <span word="the">the</span> <span word="COVID">COVID</span>-19 <span word="epidemic">epidemic</span>, <span word="there">there</span> <span word="was">was</span> <span word="no">no</span> <span word="foundation">foundation</span> <span word="for">for</span> <span word="persistent">persistent</span> <span word="inflation">inflation</span> <span word="or">or</span> <span word="deflation">deflation</span> <span word="in">in</span> <span word="the">the</span> <span word="country">country</span>.</p><p><span word="The">The</span> <span word="country">country</span>'<span word="s">s</span> <span word="economic">economic</span> <span word="performance">performance</span> <span word="has">has</span> <span word="remained">remained</span> <span word="generally">generally</span> <span word="stable">stable</span>, <span word="the">the</span> <span word="overall">overall</span> <span word="supply">supply</span> <span word="and">and</span> <span word="demand">demand</span> <span word="generally">generally</span> <span word="struck">struck</span> <span word="a">a</span> <span word="balance">balance</span>, <span word="and">and</span> <span word="the">the</span> <span word="country">country</span> <span word="does">does</span> <span word="not">not</span> <span word="have">have</span> <span word="a">a</span> <span word="foundation">foundation</span> <span word="for">for</span> <span word="sustained">sustained</span> <span word="inflation">inflation</span> <span word="or">or</span> <span word="deflation">deflation</span>, <span word="the">the</span> <span word="People">People</span>'<span word="s">s</span> <span word="Bank">Bank</span> <span word="of">of</span> <span word="China">China</span> <span word="said">said</span> <span word="in">in</span> <span word="the">the</span> <span word="first">first</span>-<span word="quarter">quarter</span> <span word="monetary">monetary</span> <span word="policy">policy</span> <span word="report">report</span>.</p><p><span word="Expecting">Expecting</span> <span word="factors">factors</span>, <span word="which">which</span> <span word="include">include</span> <span word="the">the</span> <span word="epidemic">epidemic</span>, <span word="continue">continue</span> <span word="to">to</span> <span word="disrupt">disrupt</span> <span word="consumer">consumer</span> <span word="prices">prices</span> <span word="from">from</span> <span word="both">both</span> <span word="the">the</span> <span word="demand">demand</span> <span word="and">and</span> <span word="supply">supply</span> <span word="sides">sides</span> <span word="in">in</span> <span word="the">the</span> <span word="short">short</span> <span word="run">run</span>. <span word="The">The</span> <span word="central">central</span> <span word="bank">bank</span> <span word="said">said</span> <span word="it">it</span> <span word="will">will</span> <span word="closely">closely</span> <span word="monitor">monitor</span> <span word="the">the</span> <span word="situation">situation</span>.</p><p><span word="It">It</span> <span word="vowed">vowed</span> <span word="to">to</span> <span word="step">step</span> <span word="up">up</span> <span word="counter">counter</span>-<span word="cyclical">cyclical</span> <span word="adjustment">adjustment</span> <span word="to">to</span> <span word="support">support</span> <span word="the">the</span> <span word="real">real</span> <span word="economy">economy</span>, <span word="make">make</span> <span word="the">the</span> <span word="prudent">prudent</span> <span word="monetary">monetary</span> <span word="policy">policy</span> <span word="more">more</span> <span word="flexible">flexible</span> <span word="and">and</span> <span word="appropriate">appropriate</span>, <span word="and">and</span> <span word="continue">continue</span> <span word="to">to</span> <span word="deepen">deepen</span> <span word="market">market</span>-<span word="oriented">oriented</span> <span word="interest">interest</span> <span word="rate">rate</span> <span word="reform">reform</span> <span word="and">and</span> <span word="reform">reform</span> <span word="on">on</span> <span word="the">the</span> <span word="yuan">yuan</span> <span word="exchange">exchange</span> <span word="rate">rate</span> <span word="formation">formation</span> <span word="system">system</span>.</p><p><span word="Consumer">Consumer</span> <span word="price">price</span> <span word="index">index</span>, <span word="the">the</span> <span word="main">main</span> <span word="gauge">gauge</span> <span word="of">of</span> <span word="China">China</span>'<span word="s">s</span> <span word="inflation">inflation</span>, <span word="grew">grew</span> 4.3 <span word="percent">percent</span> <span word="year">year</span> <span word="on">on</span> <span word="year">year</span> <span word="in">in</span> <span word="March">March</span>, <span word="moderating">moderating</span> <span word="from">from</span> 5.2 <span word="percent">percent</span> <span word="in">in</span> <span word="February">February</span> <span word="and">and</span> 5.4 <span word="percent">percent</span> <span word="in">in</span> <span word="January">January</span> <span word="as">as</span> <span word="economic">economic</span> <span word="activities">activities</span> <span word="including">including</span> <span word="transport">transport</span> <span word="and">and</span> <span word="logistics">logistics</span> <span word="gradually">gradually</span> <span word="recovered">recovered</span> <span word="after">after</span> <span word="the">the</span> <span word="effective">effective</span> <span word="epidemic">epidemic</span> <span word="containment">containment</span> <span word="in">in</span> <span word="the">the</span> <span word="country">country</span>.</p>
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