PREMIER Wen Jiabao pledged to cap Chinas consumer price index (CPI) growth rate within 4.8% in 2008 the average level of last year, to ease the countrys mounting pressure of inflation.
The countrys economic juggernaut will be steered to move at around 8% this year, on the basis of improving the economic structure, productivity, energy efficiency and environmental protection, Wen said at the opening of the annual legislative session in Beijing yesterday.
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