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Analysts believe the month-on-month slowdown, which was due to the high base from February, proved the fact that high inflation is highly unlikely this year and China's prudent monetary policy will continue this year.

Anhui Jianghuai Automobile Co, also known as JAC Motor, launched its first model of multi-purpose vehicles (MPV) for family use on Monday.

Andrew Y Zhao, director of Sino-Asian Art Gallery, poses in front of his calligraphy. PHOTOS LIU YINMENG / CHINA DAILY

Analysts say the mild inflation leaves ample room for the government's macro policy maneuvers.

And Barnes & Noble’s digital future, via the Nook, also is hurting. According to the company, sales of the electronic reading device fell short of expectations in the key month of December.