Source: CCTV.com

04-30-2008 13:38

China's top economic planning body has pledged the country will keep its economic policy focused on taming inflation in the second quarter.

China's top economic planning body has pledged the country will keep its economic policy focused on taming inflation in the second quarter.

The National Development and Reform Commission said on Tuesday that the economy faced a series of problems. The commission pointed out soaring prices for steel, oil, coal and copper were challenges. Another potential issue was an unwanted rebound in investment in steel and construction materials.

The agency has vowed to strictly control blind expansion of energy-intensive and polluting sectors. It added that the world economic slowdown, financial market turbulence, increasing trade disputes and continuously rising input costs will further impact the Chinese economy.

Editor:Xiong Qu