CPPCC session to be held March 3rd - 13th

The country's top banking regulator says China must find the right balance in lending to ensure steady economic growth while keeping inflationary pressures in check.

Liu Mingkang, chairman of the China Banking Regulatory Commission, said in a report Tuesday that the risks of inflation driven by higher international commodity prices are low but warrant attention.

The key to successfully balancing price rise pressures against maintaining economic growth lie in enforcing the government's policies to control and channel credit.