Chief economist, National Bureau of Statistics

Yao Jingyuan said that despite the fact that China's CPI has reached a record high in 7893 months, CPI statistics is divided into eight categories. For China, we are not going up all the way, but five up three down, including traffic and communications, household equipment and clothing.

The increase includes food, tobacco and alcohol, medical and health care, cultural education and entertainment, plus living.

Among the five rising items, food and housing prices accounted for 90% of the total price rise.

"Judging from this proportion, the next step is to curb the price increase."

Yao Jingyuan said.

He pointed out that in terms of overall macroeconomic situation, China's economy, whether it is the speed of economic growth or the rise in prices, is maintained at one level.

He said that in October, China's CPI may be even higher than that in September. This year's target of price control in China is around 3%. The realization of such a price control target is indeed very difficult, but it can be achieved through a series of measures.