Jingyuan: There will be no vicious inflation this year.

National Bureau of Statistics Jingyuan February 28 in the Foreign Trade Trust Wealth Management Center, said that China's round of inflation is very complicated, but this year will not appear hyperinflation. Jingyuan pointed out that the cause of this round of inflation is very complex. From the international point of view, the U.S. quantitative easing directly led to the rise of international commodities, metal raw materials, imported inflation helped push up the price of our country.　　In terms of domestic factors, the issuance of banknotes is too much, this price rise has become the aftermath of China's financial crisis. He also analysed that the weak agricultural base is the most important reason for the rise in agricultural prices. In China, a large number of investors take mung bean, garlic spot as an investment, agricultural products circulation surface, but in fact, investors are from the people pocket money.　　In addition, the rising cost of agricultural production is also an important factor influencing the price of agricultural products. Jingyuan Analysis said there would be no hyperinflation this year. In his view, food and other major agricultural products inventory, China's past 7 years of continuous harvest of food. According to international standards, the stock of food reserves is sufficient to mean that a country's inventory should equal one year's consumption of 16%. This is a security cordon, while our country is over 30%, so now there is ample food inventory. Not only is grain, vegetable oil, pork, cotton, sugar also has the stock, the main agricultural products and food stock is abundant. These two material foundations laid the groundwork for stabilizing prices this year. In addition, in the working mechanism, the central government has further implemented the responsibility system, which causes prices to be lowered.　　He believes that the stability of prices this year is difficult and difficult, but the difficulties will also be stabilized. (Responsible editor: Sean)