Li Yining: The Inflation Warning Line Can Be Raised To 4.5%.

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Li Yining said that if international oil prices, iron ore prices and grain prices continue to rise, imported inflation will be inevitable.

3% of the inflation rate is applicable to the west, and China is likely to maintain a 9% growth rate in the near future.

If 9% of the economic growth rate also takes 3% inflation rate as a warning line, it will bring a lot of problems to the economy.

The inflation rate of 4.5% can be regarded as a warning line and is acceptable to society.

China's CPI rose 3.5% in August, a 22 month high, with analysts expecting a further high of CPI in September.

Li Yining also pointed out that the current active fiscal policy should not be easily withdrawn.

"The lessons of 90s" are very impressive. If a sharp turn develops, there will be triangular debts, and there will be uncompleted residential buildings. If deflation is excessive, deflation will take shape.

We must keep it for a while, then wait for a period, and then exit according to circumstances.

He said.

The "2010 Ward fortune fair" was hosted by Bank of communications for two days in China World Trade Center, Beijing.