The majority of the capital goods monitored by China's statistical authorities registered higher prices in early September compared to late August, official data showed on 14th of Sept.
A handful of Chinese cities have issued warning letters regulating market prices for catering and accommodation in a bid to ensure tourists have pleasant and reasonably priced holidays, particularly during the upcoming May Day holiday.
The recovery of the Chinese economy is expected to cool global inflation instead of pushing it up, and China's inflation growth and overall prices will remain tame and stable, according to economists and analysts.
China has included all homegrown drugs for COVID-19 treatment approved to enter the market in its medical insurance scheme, according to the lastest announcement by the national healthcare authority.
China has the confidence, conditions and capabilities to keep overall prices stable in 2023 despite challenges from the high and volatile international commodity prices and imported inflationary pressures, the country's top economic regulator said on Thursday.