China's price index rebounds slightly 

     The price level of capital goods in January increased 0.1 percent over last December, a growth in 46 months. In February, the consumer price index climbed up 0.7 percent from a year earlier to stop the drop in prices over the past 22 months. The slight rebound in China's price index at the beginning of the year is a signal that the market is steadily regaining its vitality. 
       China's domestic demand is rising and the extended decline in prices of both capital goods and consumer goods has come to an end, thanks to the pro-active financial policy of the government. Restructuring of enterprises in traditional industries has a positive impact on the rise of the price index, and China's economy has been growing steadily this year. While the world economy is recovering from the Asian financial crisis, China's exports are expected to increase dramatically. All this will guarantee the healthy price rebound in China and support sustainable economic growth, economists said.