Reuters quoted the country top economic planner said import price in China have not stopped rising making it difficult for the government to achieve its full year inflation target.

The National Development and Reform Commission said in a statement global commodity prices are still high, pushing up rising production costs for Chinese firms.

The government aims to keep full-year inflation below 4%.

The agency also warned that the debt crisis in the euro zone is deteriorating and spreading.

(Sourced from Reuters)