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China's inflation has emerged
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【in January a series of macroeconomic data will be announced this week, CPI data will impact on China's monetary policy.
Reserve Bank of Australia in Sydney recently to attend the seminars organized space, central bank Governor Zhou Xiaochuan said inflation has emerged, although still low, but the current situation in China must remain vigilant.
In addition, he also pointed out that the pace of China's banking sector to lend stability.
In fact, from last year's fourth quarter, the central bank began the management of inflation expectations.
In January this year, the central bank raised bank reserve ratio, and some banks to engage in punitive reserve requirements.
Recently the State Council, the central bank and the China Banking Regulatory Commission, have repeatedly stressed the need to smooth credit, avoid-quarter, and monthly fluctuations between.
Industry insiders estimate that inflationary pressures will begin to be felt in February.
Whether the overall macro-economic recovery is still relatively fast growth of money supply in 2009, gave the upcoming inflationary pressures lay an important foundation.
Experts believe that commodity prices will continue to be maintained at a high price of agricultural products will continue to improve, the country's policies to stimulate consumption and residents expectations of price increases, but also makes the accelerated expansion of aggregate demand.
Therefore, many people speculated that February is imperative to raising the deposit reserve ratio, raising interest rates may come at any time, according to forecasts, the central bank in the first half there will be two more rate increases.
However, the Chinese Social Security Fund, chairman of Dai said that China in the first half of this year is unlikely to raise interest rates, because China is still a solid basis for economic recovery.
He said that although inflation and asset bubbles in response to the central bank's monetary policy be adjusted, but the money supply and credit this year will remain relatively relaxed.
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http://gd.news.sina.com.cn 2010年02月11日05:01 深圳商报
http://gd.news.sina.com.cn 2010 Nian 02 Yue 11 Ri 05:01 Shenzhen Economic Daily <!--今日导读开始-->
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【本报综合报道】1月的系列宏观数据将在本周揭晓，ＣＰＩ数据将影响我国的货币政策。
AP】 【in January a series of macroeconomic data will be announced this week, CPI data will impact on China's monetary policy.
日前在悉尼出席澳洲央行组织的讨论会间隙，中国人民银行行长周小川表示，通货膨胀已经显现，虽然仍处于低位，但中国必须对目前的形势保持警惕。
Reserve Bank of Australia in Sydney recently to attend the seminars organized space, central bank Governor Zhou Xiaochuan said inflation has emerged, although still low, but the current situation in China must remain vigilant.
此外，他还指出中国银行业放贷的步伐稳定。
In addition, he also pointed out that the pace of China's banking sector to lend stability.
事实上，从去年四季度起，央行就开始着手通胀预期的管理。
In fact, from last year's fourth quarter, the central bank began the management of inflation expectations.
今年1月央行调高银行准备金率，并对一些银行实行惩罚性的准备金要求。
In January this year, the central bank raised bank reserve ratio, and some banks to engage in punitive reserve requirements.
近期国务院、央行和银监会均反复强调，要平滑信贷投放，避免季度之间、月度之间大起大落。
Recently the State Council, the central bank and the China Banking Regulatory Commission, have repeatedly stressed the need to smooth credit, avoid-quarter, and monthly fluctuations between.
业内人士预计，通胀压力将从2月份开始显现。
Industry insiders estimate that inflationary pressures will begin to be felt in February.
无论是宏观经济的全面复苏，还是2009年货币供应增速较快，都给即将来临的通胀压力奠定重要的基础。
Whether the overall macro-economic recovery is still relatively fast growth of money supply in 2009, gave the upcoming inflationary pressures lay an important foundation.
专家认为，大宗商品价格将会继续维持在高位，农产品收购价格将继续提高，国家的刺激消费政策和居民对物价上涨的预期，也使得总需求扩张速度加快。
Experts believe that commodity prices will continue to be maintained at a high price of agricultural products will continue to improve, the country's policies to stimulate consumption and residents expectations of price increases, but also makes the accelerated expansion of aggregate demand.
因此，很多人士猜测，2月份上调存款准备金率势在必行，加息则可能随时会来，根据预测，央行在上半年更将有两次加息动作。
Therefore, many people speculated that February is imperative to raising the deposit reserve ratio, raising interest rates may come at any time, according to forecasts, the central bank in the first half there will be two more rate increases.
不过，中国社保基金理事长戴相龙表示，中国今年上半年上调利率的可能性不大，因中国经济复苏基础仍不稳固。
However, the Chinese Social Security Fund, chairman of Dai said that China in the first half of this year is unlikely to raise interest rates, because China is still a solid basis for economic recovery.
他表示，尽管为应对通胀及资产泡沫，央行货币政策有所调整，但货币信贷今年将保持相对宽松。
He said that although inflation and asset bubbles in response to the central bank's monetary policy be adjusted, but the money supply and credit this year will remain relatively relaxed.
http://translate.googleusercontent....le.com&usg=ALkJrhjJZhoeroVylijCWm-qubJIQ4vKRA