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China's CPI rose 1.8 percent year on year in April, compared with 2.1 percent for March, as abundant food supplies kept inflation mild.
China's Ministry of Finance (MOF) on Wednesday said that a credit downgrade by Moody's was based on "inappropriate methodology", and has somewhat exaggerated the difficulties the Chinese economy is facing.
China's 260-trillion-yuan (.67 trillion) banking sector, the world's largest by assets, has once again been assigned a heavy responsibility in easing the economic slowdown pressure. But this time they should consider more factors before taking action, said analysts.
China's NEV production and sales reached 480,000 units and 464,000 units in the January-May period, up 46 percent and 41.5 percent year on year, respectively, according to Xin.
China's M2 growth rate slowed to 8.2 percent in March, down from 8.8 percent in February and 8.6 percent in January. Yuan-denominated new loans also showed slower expansion in the first quarter compared with last year, according to data from the People's Bank of China, the central bank.
来源：资阳报