日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Government caps price hikes to curb rising inflation

By Dong Zhixin (chinadaily.com.cn)
Updated: 2007-09-20 16:45


Consumers shop for pork at a market in Yunyang County, Southwest China's Chongqing Municipality, September 14, 2007. [newsphoto]

China's top economic planner has ordered a suspension in government orchestrated price hikes in the latest efforts to keep inflation in check.

"In principle, there will be no new price-raising measures by the government this year," the National Development and Reform Commission (NDRC) said in a notice, co-signed by five other agencies including Ministry of Commerce and Ministry of Finance, published on its website on Wednesday.

An approval from the NDRC is needed if any local government feels it has to increase prices on certain products "under special conditions", according to the notice.

The order applies only to prices under government control, such as gas, oil, water, electricity, and other prices of crucial goods and services that affects the livelihood of the public, including public fares.

Although the government has no control over most of the prices in China, this price control measure will help prevent a hike in firms' costs, thereby eliminating part of the pressure for further price increases.

Related Readings:  

* Consumer inflation jumps to 11-year high

* Interest rates raised to curb inflation

The NDRC also ordered a close monitoring of prices and a crackdown on price manipulation, collaboration of price increases and hoarding.

The notice came after the Consumer Price Index (CPI) jumped to an 11-year-high of 6.5 percent year-on-year in August, driven by an 18.2 percent rise in food prices.

The surge in food prices makes the lives of low-income earners more difficult as food accounts for a major part of their spending. In response, the central and local governments have increased subsidies for this group.

The measure came also in the run-up to the Mid-Autumn Festival, one of the most import festivals in China, and the week-long National Day holiday which falls on October 1-7.

In an effort to fight inflation, the central bank has raised the interest rates five times so far this year. However, it may take more time for inflation to ease as the food price increases were a result of an imbalance in supply and demand, analysts said.

Several governmental agencies conceded that the CPI growth in 2007 might exceed the official target of three percent.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 精品久久久久久久久久久国产字幕 | 成人在线网址 | 欧美精品久久久久久 | 99国内精品| 日本黄色三级视频 | 亚洲一区二区精品在线 | 国内精品久久久久久久 | 日韩精品在线播放 | 欧美日韩久久 | 精品国产18久久久久久 | 色视频免费观看 | 国产美女一区二区三区 | 三年中国中文观看免费播放 | 蜜臀99久久精品久久久久小说 | 欧美狠狠操 | 国产精品久久久网站 | 中文字幕永久在线视频 | 免费av网站在线 | 天天操一操 | 性欧美又大又长又硬 | 99r精品 | 久久久精品综合 | 黄色的视频网站 | 成人免费毛片足控 | 一区二区精品视频 | 国产1区2区3区 | 国产精品大全 | 一极黄色大片 | 日日躁夜夜躁狠狠躁 | 中文字幕乱码在线 | 久久久久久草 | 免费成人深夜夜行网站 | 久久理伦 | 欧美精品日韩少妇 | www狠狠干 | 亚洲色图制服诱惑 | 色悠悠久久 | 黄色一级小视频 | 一及黄色片 | 欧美成人精品欧美一级乱黄 | 国产又黄又爽免费视频 |