he benchmark consumer price index at 3 percent for this year, but it rose to 3.2 percent in the first six months and 4.4 percent in June, a 33-month high.The NDRC notice said if the local inflation level is significantly higher than the official preset target, local governments should keep prices stable and should not increase regulated prices.Price moves that are conducive to environmental protection and energy saving are exempt from the restraint.The commission also said market players are forbidden from such manipulative activities as forming price cartels or cornering the market.This is obviously aimed to curb rising prices, said Zuo Xiaolei, chief economist of China Galaxy Securities.But she said such moves may lead to a delayed pace of reform in China's pricing mechanism of resource products.China has brewed such a reform this year to better reflect the market value of resource products and improve consumption efficiency.The NDRC move shows that in the interest of price stability MBT shoes, such reforms may have to be slowed down, she said.
Chinanews MBT Shoes, Beijing, July 28 – During the first half of this year, the per capita income of urban residents in China reached 7,052 yuan, increasing by 17.6% from the same period last year. Allowing for inflation, the per capita income of urban residents increased by 14.2% in real terms, according to information released by the National Bureau of Statistics (NBS) on Thursday.The conclusion was arrived at after NBS randomly investigated 59,000 households living in cities and towns across China. The investigation also shows that during the first half of this year, the per capita expenditure among urban residents reached 4,830 yuan, increasing by 14 MBT shoes sale.2%. Allowing for inflation, the actual increase reached 11%.People in Shanghai, Beijing and Zhejiang ranked among the top three in people's per capita disposable income level. People's per capita disposable income all exceeded 11,000 yuan in these three places.
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