China may miss 4% inflation target

DALIAN, Liaoning - China might miss its target of keeping inflation below 4 percent this year, an official said on Wednesday.

The 4 percent figure was a "predictive target" instead of a "directive" one, Zhang Xiaoqiang, vice-minister of the National Development and Reform Commission, told a small group of reporters in Dalian.

Judging from the trend, it seems that the target will be missed, he said on the sidelines of the World Economic Forum in Dalian.