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China’s consumer price index (CPI), the main gauge of inflation, gr
ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.
The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru
ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.
NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros
e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.
Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.
Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose
0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.
future for mankind in his speech at the headquarters of the United
ations in September 2015, and in his report for the 19th National Congress of the Communist Par
ty of China in October 2017, Xi has pledged on different occasions to build a peaceful, safe, prosperous, open, inc
lusive, clean and beautiful world to let the sunshine of a community of shared future for mankind illuminate the world.
The world, which is going through a phase of adjustment that fea
tures huge development and fundamental changes, faces great and unfamiliar turbulent situ
ations — the overall trends of peace and development are irreversible, while instabilit
y and uncertainty are prominent. Some problems and challenges are unprecedented, and the int
ernational community faces crucial choices concerning the future of the world and the fate of humanity.
up a fifth of the total number in China. Up to 51 companies in the district realized annual revenue of more than 10 billion yuan. Baidu Inc, Cambricon Techno
logies Corp and Beijing Dream Ink Technologies Co have become global leaders in various cutting edge technologies.
“The fruitful results in Haidian’s scientific innovation sector are due to the increasing investment i
n research and development,” said Dai Binbin, head of the district. “In 2018, Haidian’s R&D intensit
y was 4.6 times the national level, and higher than levels in the Republic of Korea and Japan.”
Beijing’s Xicheng district, where many domestic and oversea
s financial companies and organizations are located, has carried out a series of policies to boost the
financial sector’s development, and is another example of the capital’s high-quality growth.
For instance, the district government provides subsidies of up to
50 million yuan to newly set up financial organizations. For financial companies that m
ove into the district, the government gives subsidies to help them offset rent and capital purchases.
For high-end talent, both local and foreign, the district offer
s better resources in medical care, education and living arrangements.