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Author:Xu, Lianzhong
Title:The judgement of China's price trends in 1997 (original in Chinese)
Journal:Global Market Information Guide (c)
1997 : 2, p.18-19
Index terms:PRICE LEVEL
ECONOMIC FORECASTING
CHINA
Language:chi
Abstract:The rate of price rise will stand at 6% in 1997, slightly lower than last year's. The main factors influencing prices are as follows: The influencing degrees of "tail-warping factor, the factor of spontaneous rise in price and the factor of price-adjusting are 1.5% (less than 1996's), 3.5% and 10% respectively. The influence of agriculture on prices is a uncertain factor. According to the law of the influence of weather changes on agriculture in China, it is more likely that 1997 is a normal harvest year, that is, the influence of agriculture on prices will be neutral.
SCIMA record nr: 160338
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