China's economy will likely keep its good growth momentum in the second half of this year, People's Bank of China Vice Gov. Su Ning said Friday.
Speaking at a press briefing, Su said economic growth in the first half was good, but consumer prices rose at a rapid pace.
China's economy grew 10.4% in the first half this year, slowing from the 11.9% expansion for the whole of 2007.
The consumer price index rose 7.9% in the first half, well above the government's goal of keeping the CPI rise around 4.8% this year.
Su's remarks come amid lively debate about whether China should loosen its tight monetary policy and start helping exporters hurt by a global slowdown.