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BEIJING, May 11 -- China's monetary authorities are struggling to address conflicting policy goals, but inflation will remain the top policy concern, the country's central bank governor said on Saturday.     While the United States and other countries are more focused on fending off a recession, China's monetary policy must target inflation over growth and employment, Zhou Xiaochuan, the People's Bank of China governor, told a forum in Lujiazui, Shanghai's financial center.     "There is no cure-all medicine, and we have to make the final decisions -- everyone hopes there would be a cure-all solution, but there is not," said Zhou.     China's consumer price inflation would likely to rise to 8.5 percent in April from 8.3 percent in March, two sources familiar with the data said late on Thursday. The data, which is subject to last-minute revisions, will be officially released on Monday. Zhou Xiaochuan, governor of the People's Bank of China, addresses the Lujiazui Forum 2008 in Shanghai, east China, May 10, 2008. Heads of the People's Bank of China, the country's central bank, the Securities Regulatory Commission, the Banking Regulatory Commission and the Insurance Regulatory Commission all attended the two-day financial forum, opened on May 9. Lujiazui is the name of Shanghai's financial district.    Meanwhile, the government said on Friday that China's producer price index, or factory-gate inflation, hit a three-year high of 8.1 percent in April, showing a sustained build-up in pressures on consumer price inflation.     Zhou listed development of financial institutions and the imbalance in global money transfers as other issues that China's monetary policy may have to target.     He said China needs to reduce the savings ratio as the fundamental way to address its over-reliance on trade, which now accounts for more than 60 percent of its annual GDP, but he did not elaborate on possible specific measures.     On other issues, Zhou said Beijing has yet to reach a consensus over how to develop a properly functioning domestic bond market.     Disputes remain about market infrastructure, the regulatory framework as well as laws and regulations, Zhou said.

BEIJING, April 24 (Xinhua) -- Chinese Premier Wen Jiabao met here on Thursday with ex-French Prime Minister Jean-Pierre Raffarin, and urged the French government to work with China to put bilateral relations on a healthy and stable track.     Wen said France was the first Western power to forge diplomatic relations with China, and also the first European Union (EU) member state to set up a comprehensive strategic partnership with China.     China valued its friendship with France, which was fostered by leaders of several generations from both nations and by the two peoples, Wen said. He hoped France would work with China to push forward the healthy and stable growth of bilateral ties in line with the principles of mutual respect, equality and mutual benefits.     He clarified the truth behind violent crimes in Lhasa and other places, and stated China's stance on this issue. Chinese Premier Wen Jiabao meets with ex-French Prime Minister Jean-Pierre Raffarin in Beijing, April 24, 2008.    Wen applauded Raffarin's positive efforts to promote the understanding and cooperation between the two nations and the two peoples.     Raffarin said France attaches importance to the comprehensive strategic partnership with China, and that France has always adhered to the one-China policy since the two nations forged diplomatic relations.     To safeguard China's reunification and stability accords with the interests of all countries, Raffarin said, noting the European and French people should increase their knowledge about Tibet's real situation.     The Olympics is a grand event for all the world, and the international society has the responsibility to make a positive contribution to the Beijing Games, Raffarin said.     He expressed sorrow for the incidents of the Beijing Olympics torch relay in Paris, and said he wishes a success for the August Games.     Raffarin said France would continue making positive efforts to advance the EU-China relations and France-China relations.

BEIJING, Sept. 11 -- Inflation eased to its lowest level in August since June last year, giving the government more policy leeway to prevent an economic slowdown.     The consumer price index (CPI), the main gauge of inflation, rose 4.9 percent year-on-year, compared to 6.3 percent in July, the National Bureau of Statistics (NBS) said yesterday.     The CPI has been sliding since May, but still many economists were caught by surprise by last month's drop because they had forecast it to be above 5 percent. The month-on-month fall was only 0.1 percent.     But last month's producer price index (PPI), a gauge of factory gate inflation, rose a record 10.1 percent year-on-year, after jumping 10 percent in July.     Nevertheless, the low CPI figure gives the government "more policy room to sustain growth," Citigroup economist Ken Peng said.     He suggested the authorities consider further policy changes favoring growth, which could shift to full gear next month.     Economic growth has been slowing since the second quarter of last year, when the government adopted monetary and credit measures to rein in inflation and prevent the economy from overheating further.     Yet economists began warning of a recession since the beginning of this year, especially because the country's export sector, a key growth engine, started losing steam on weaker foreign demand.     The government responded it would strive to maintain a stable economic growth this year, leading to speculation that it would soon ease the tightening measures. But any step to stimulate the economy, such as lower interest rates or faster loan growth, risks spurring demand and stoking inflation again.     "Unless there's an abrupt slowdown, there's no need for a major change in the marco-control measures," said Lian Ping, an economist with the Bank of Communications. "The current 10 percent GDP growth is largely seen as acceptable."     The CPI rise is likely to stabilize around 5 percent during the rest of the year, he said, because food prices may continue to drop. Inflation fell last month mainly because of a drop in food prices, which make up one-third of the inflation basket. Food prices slid 0.4 percent from July.     A falling inflation rate gives the government a good chance to lift its price control on products such as fuel, water, and electricity further, Lehman Brothers economist Sun Mingchun said.     In the past year, policymakers have managed to freeze the prices of public utilities, and fuel and power tariff. They introduced temporary price curbs on some other goods, too, to rein in inflation.     Yet soaring labor and raw material costs, reflected in the rising PPI figure, have eaten into the profit of local enterprises because price control and fierce competition prevented them from passing the inflationary pressure on to consumers.     Such price liberalization could make the CPI rise again in the next few months, Sun said.     "But if implemented in a gradual and orderly way, inflation should remain below 6 percent year-on-year during the rest of the year."

ZHENGZHOU, Sept. 10 (Xinhua) -- Chinese President Hu Jintao visited a special education school and a rural middle school in the central Henan Province to mark the country's 24th Teachers' Day, which falls on Wednesday.     At the Zhengzhou Deaf-Mutes School in the provincial capital, Hu, also general secretary of the Communist Party of China (CPC) Central Committee, commended the teachers for bringing sunshine and hope to the handicapped children with their love and hard work.     He said the cause of special education deserved respect from the whole society, urging the 110-strong faculty members to give more care and even better education to the children for their healthy growth. Chinese President Hu Jintao (R Front) shakes hands with a teacher as he visits Gaomiao Middle School in Qinghua Town of Bo'ai County under Jiaozuo City, central China's Henan Province. President Hu Jintao made an inspection tour in Henan Province from Sept. 8 to Sept. 10In the classrooms, the president told the students about the significance conveyed by the ongoing Beijing Paralympic Games, and encouraged them to build themselves a bright future with the help of the society and the teachers.     On Tuesday morning, Hu also visited a rural junior high school called the Gaomiao Middle School, in Qinghua Township, Jiaozuo City.     He sent his greetings to the teachers, saying their diligent work has helped many children from the countryside realize their dreams.     He promised to further improve rural teachers' working and living conditions and told them to foster more talents for the country. Chinese President Hu Jintao (C) shakes hands with a teacher as he visits a school for blind, deaf and dumb students in Zhengzhou, capital of central China's Henan Province, on Sept. 10, 2008, the 24th Teachers' Day of China. President Hu Jintao made an inspection tour in Henan Province from Sept. 8 to Sept. 10Hu also expressed concern about children left behind by parents who were working in cities as migrant workers, saying the country was taking measures to give them better care.     The president also visited the school kitchen and the students' dormitory, telling the school to take good care of their life.     After playing together with the students on the playground, Hu talked with student Huang Zaizhen, encouraging him to study hard to become a person of use for his hometown and for the homeland.     He led the students in the applause in honor of the teachers. Chinese President Hu Jintao (C) shakes hands with a teacher as he visits a school for blind, deaf and dumb students in Zhengzhou, capital of central China's Henan Province, on Sept. 10, 2008, the 24th Teachers' Day of China. President Hu Jintao made an inspection tour in Henan Province from Sept. 8 to Sept. 10

YINCHUAN, Sept. 22 (Xinhua) -- Delegates from China's central government presented a gift to Ningxia Hui Autonomous Region for the 50th anniversary of its founding.     At a ceremony held in the region's capital Yinchuan on Monday, senior official He Guoqiang delivered a Chinese Ding. That's a three-legged ancient cooking vessel, which represents solidification between Han and Hui nationalities.     The present has been signed by China's President Hu Jintao.     A delegation from the central government on Monday arrived in Ningxia Hui Autonomous Region in northwest China, where most residents are muslims, to mark the anniversary.     He, head of the delegation and member of the Standing Committee of the Political Bureau of the CPC Central Committee, together with the region's Party chief Chen Jianguo unveiled the present atthe square of Ningxia Museum. Chinese Vice Premier Hui Liangyu delivers a speech at an awarding ceremony in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region, on Sept. 22, 2008. Central government officials also attended a rewarding ceremony where model individuals and organizations, who had made great contributions to the peace and solidification of the region, were given honors.     Hui Liangyu, deputy head of the delegation, praised the achievements those honored and urged them to help more people lead a better live.     The autonomous region, covering about 66,000 square kilometers, was set up on Oct. 25, 1958. It has a population of 6.1 million, of whom 2.17 million, or 35.57 percent, are of the Hui ethnic group.