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Many ministries brewing price control measures introduced

date:2010-11-23 15:24
In the October consumer price index CPI in China hit a new high of 4.4% after inflation to become the field of macro-control issues of concern. The experts suggested, the NDRC shall direct control of prices through administrative means. Pri

In the October consumer price index CPI in China hit a new high of 4.4% after inflation to become the field of macro-control issues of concern. The experts suggested, the NDRC shall direct control of prices through administrative means.

Price regulation as an important sector, the National Development and Reform Commission is preparing various items of price control measures. NDRC Price Zhou Wang Jun, deputy director, said the NDRC will adopt corresponding measures to control the average consumer price inflation within the range can withstand. The first is the development of production, focusing on the development of agricultural production, food security, pigs and other farm products (22.15,Triphenyl Bismuth supplier, -0.01, -0.05%) of the supply. The second is through the deployment of goods, import and export regulation and other means to ensure supply. The third is to strengthen the supervision of market prices, to prevent hot money for speculation. The fourth is to be appropriate for low-income groups, subsidies, so that living standards are not reduced because of price increases.

How to price regulation, the expert also has many suggestions. China International Economic and Exchange Center researcher Zhang Yongjun that, 11 months and 12 months of CPI will remain high, the NDRC regulation should focus on prices in security of supply level,
CAS 603-33-8, only in the supply and demand balance, including agricultural products, including the price of various items to get stable.

CSC Weifeng Chun,
Triphenyl Bismuth price, chief macroeconomic analyst suggested the NDRC should be directly controlled by administrative means commodities, cotton and other prices, strict price stability ceiling.

As China's industrial producer prices of climbing, the Ministry of Industry has to be concerned about.

"The current economic life in the new situation and new problems appear, energy, raw materials, and enterprise and employment, land use, financing and energy saving and emission reduction costs showed an upward trend, these issues need to attach great importance to solve them." Said the Ministry of Industry .

For the early parts of the emission reduction targets for the impact of energy blackouts, led to some industrial products such as steel prices soared because of supply reduction in the phenomenon, the Ministry said that the next stage, the Division issued a document on the different regions will energy saving and emission reduction targeted to give guidance to stop the "acts of power rationing across the board." expectations, the Ministry of Finance will adopt appropriate measures. Goldman Sachs report noted that although the government in 2011 may continue to implement the proactive fiscal policy,
Triphenyl Bismuth, but rising inflationary pressures in the situation, the Government may control fiscal spending.