China's consumer price index (CPI), a main gauge of inflation, was down 0.1 percent year on year in March, the National Bureau of Statistics (NBS) said Thursday.
This figure represents an improvement compared to the 0.7-percent decline recorded in February. NBS attributed the improvement to the positive impact of policies designed to boost consumption.
In March, the prices in urban areas fell by 0.1 percent year on year, while those in rural areas decreased by 0.3 percent.
The core CPI, which excludes food and energy prices, rebounded notably, turning from a 0.1 percent year-on-year decline in February to a 0.5 percent increase in March.
On a yearly basis, food prices dropped by 1.4 percent, non-food prices edged up 0.2 percent, consumer goods prices decreased by 0.4 percent, and service prices increased by 0.4 percent in March.
From January to March, on average, the CPI decreased 0.1 percent over the same period last year.
On a monthly basis, the CPI went down 0.4 percent in March, said the NBS.
China's CPI down 0.1 pct in March
China's CPI down 0.1 pct in March
China's CPI down 0.1 pct in March
South Korean President Lee Jae Myung said on Wednesday that Seoul firmly adheres to the one-China principle, in comments made ahead of his upcoming state visit to China.
The remarks were made in an interview with China Media Group (CMG). The visit is scheduled for Jan 4–7.
"The consensus reached between governments of the Republic of Korea and China when diplomatic relations were established continues to be the fundamental principle governing our relations, and its effectiveness remains steadfast. I want to clearly state that the ROK has always adhered to the one-China principle. Maintaining peace and stability in regional matters, including in Northeast Asia and concerning the Taiwan issue, holds significant importance to us," said Lee.
"The foundational relationship between the ROK and China was established on a very principled and fundamental basis from the beginning. It is clear that the ROK government has always adhered to this position and has never wavered from it. I believe that the sound development of ROK-China relations depends on both sides fully respecting each other's core interests and being mutually tolerant of each other's positions. In this context, we will, as always, uphold the one-China principle as the Taiwan issue is China's most fundamental concern," he said.
ROK president reiterates firm adherence to one-China principle
