People walk along Nanjing Pedestrian Road, a main shopping area in Shanghai, on May 5. China's core consumer price index, which excludes food and energy, grew just 0.7 per cent year on year in April. Photo: ReutersPeople walk along Nanjing Pedestrian Road, a main shopping area in Shanghai, on May 5. China's core consumer price index, which excludes food and energy, grew just 0.7 per cent year on year in April. Photo: Reuters

People walk along Nanjing Pedestrian Road, a main shopping area in Shanghai, on May 5. China’s core consumer price index, which excludes food and energy, grew just 0.7 per cent year on year in April. Photo: Reuters

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