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Lu Zhengwei, chief economist with Industrial Bank, said he expected the central bank to lower banks' reserve requirement ratio by 50 basis points in August, but there would be no further interest rate cuts.
"Overall, prices have reached stabilization in the short-term," said Ryland Maltsbarger, director with IHS Agriculture Services. He predicted that the South American crop output should weaken prices further at the end of 2012 unless weather conditions deteriorate.
Yuria Kozlova, a 23-year-old Muscovite from the Voice of Russia, told Xinhua that she took part in the event in the hopes of seeing these Russian cities in her own eyes.
The new type of electric locomotive can be fully charged within 30 seconds during its station stops, as it has a box-type super capacitor on the roof and charge spots at the foot of every compartment, Xu Zongxiang, general manager of the company, said.
The A-2 class icebreaker, capable of breaking ice 1.2 meters thick, will be open to the public. Iceland's president and government officials are also expected to visit.
来源：资阳报