To learn more about the CPI data, we are joined by Liu Baocheng, dean of the Center for International Business Ethics at the Univ.of Int’l Business and Economics.

Q1. This round of inflation increases is caused by seasonal factors such as rises in pork and vegetable prices, right? So will the CPI ease off looking forward and stay under the 3 percent annual target?

Q2. Some analysts say China's current key policy is to stabilize growth and fend off risks. The CPI won't be a big problem, will it?

Q3. Later this week, China will release its first quarter GDP, which will become the focus of the world. Analysts are predicting a growth rate as robust as 6.7 percent, supported by a booming property market. What are your thoughts?