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    HomeNewsWorldChina Premier Wen reiterates fight against inflation

    China Premier Wen reiterates fight against inflation

    Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.

    January 03, 2011 / 09:02 IST

    Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.


    "The central government has taken a slew of steps to stabilise prices. We will put it higher up on our agenda," state television quoted Wen as saying, repeating the top leadership's line since inflation hit a 28-month high in November.


    Wen made the remarks in a New Year trip to supermarkets and herdsmen's homes in the northern Inner Mongolia Autonomous Region.

    China raised interest rates twice and increased bank reserve requirement ratios six times in 2010 as it moved to normalise monetary policy to absorb excess liquidity.

    first published: Jan 3, 2011 08:14 am

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