China's consumer price index (CPI), the main gauge of inflation, rose 6.4 percent year-on-year in June, the highest level since June 2008.
The People's Bank of China, the country's central bank, reiterated Friday it would continue to implement a prudent monetary policy this year.
China aims to cap the total output of rare earth oxide at 93,800 tonnes this year, the Ministry of Land and Resources announced Thursday.
Photo provided by Airbus shows first A380 for China Southern Airlines rolls out of the Airbus paint shop in Hamburg bearing the airline's distinctive livery in June 19, 2011.
China's economy is expected to grow 9.6 percent in 2011, the International Monetary Fund (IMF) said in a report released on Thursday.