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BEIJING, Feb. 18 (Xinhua) -- China's consumer prices rose for a third consecutive month in January thanks to rising food prices, while producer prices also eased a downward trend, official data showed on Thursday.

The drop in total social finance is "eye-catching, but it would be wrong to conclude that lending is falling off a cliff. The one-week holiday for Lunar New Year in February meant some loans were dragged forward into January," and January's record total also prompted the central bank to "crack down on excess lending at some banks. That always made a slump in February a possibility," he noted.

The State Council on Wednesday publicized a regulation on how to implement a bill on the commercialization of scientific research findings, providing detailed operational measures for academics and inventors to commercially exploit their work.

Another instruction by Premier Li Keqiang said urbanization is China's only path to modernization and will provide China with the biggest domestic demand potential and growth momentum.

"Industry 4.0" seeks to keep Germany's global competitiveness by integrating conventional industry with information technology. The idea is similar to the "Made in China 2025" strategy, which is part of efforts to upgrade itself from a big manufacturing power to a strong one.