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    There Has Been A Recent Rise In Price In All Parts Of China.

    2008/4/3 13:40:00 21

    There Has Been A Recent Rise In Price In All Parts Of China.

    China has recently launched a rising price, and all kinds of daily necessities have been raised on the whole. The measures of water price increase have been included in the catalogue of the price increase of the NDRC this year, and the application of cooking oil price increases has also been approved. In addition, the prices of rice and dairy products have also been raised, and inflation has become more and more serious. Experts believe that if the official does not introduce effective measures, inflation will become unmanageable.




    According to the analysis, although the government has recently made clear that it will subsidize farmers to control food prices in order to curb inflation, but because of the need for a certain production cycle for grain, the market forecast for a long period of time, China's prices are still difficult to fall.





    Morgan, chairman of the Wall Street Stanley Asia region, also pointed out that the current inflation situation in China is a replica of the 70s super high inflation in the United States.

    Roach said that the natural disasters made the prices of crops soar and oil prices remained high because of the oil embargo in the 73 year. The then chairman of the Federal Reserve, Burns, said they could not prevent inflation caused by imported factors. The federal funds interest rate was set at a price inflation rate, resulting in double-digit super high inflation in the US. Finally, the savings Bureau needed to raise interest rates to 19 percentage points to curb inflation.

    Therefore, Roach believes that China can not ignore the immediate inflation crisis, and the sooner it takes decisive action to deal with inflation, the better.



    State Department: prevent price rise in turn



    The key points of 2008 issued by the State Council in April 1st put forward that we should prevent the economy from being too fast to overheating, curbing inflation and preventing the economic downturn.

    In 2008, the direction of macroeconomic regulation and control continued to implement a prudent fiscal policy and tightened monetary policy.

    In addition, the State Council has stated that it will participate in price adjustment at a timely rate to prevent rising prices. For the first time in recent years, it has proposed the need to prevent the risk of economic downturn.



    The work will focus on preventing price rises. The State Council clearly points out that in order to prevent prices from rising in turn, government departments will participate in price adjustment at a certain time.

    In addition, we should grasp the timing and intensity of the government's price adjustment to prevent rising prices and curb the excessive rise in the prices of production materials, especially agricultural products.

    The main points put forward that we should increase effective supply, curb unreasonable demand, and ensure the basic stability of market supply and price.

    Specifically, we must strictly control the export of grain, fertilizer and coal.

    Resolutely stop the blind expansion of corn's deep processing capacity.

    We should improve and perfect the methods of reserve regulation and import and export adjustment, and appropriately increase the importation of domestic important consumer goods.



    Measures to increase water price will be launched this year.



    According to the twenty-first Century economic report, Tang Tiejun, director of cost division of the national development and Reform Commission, revealed yesterday (April 1st) that water prices had been included in the list of prices, and that measures to increase the price of water will be launched this year.

    As for the extent of rising water prices, Tang Tiejun revealed that the specific price adjustment is done by local governments. The NDRC has only done regulatory work, but has put forward additional conditions: it is linked to indicators such as CPI and local per capita income.



    In addition, this year, prices of electricity and other resources are also in the ranks of price rising products.

    Water price and electricity price and other resource products' price rise "who first who after" is also a problem that local governments need to coordinate.



    Tang Tiejun said that the newly launched "water price supervision and examination method" changed the water price of Water Service Company from the net asset income method in the past to providing fees according to the amount of service provided, thereby reducing the requirement of Water Service Company to increase the operating cost to raise the water price.

    Specifically, according to the previous net asset income method to set water prices, some enterprises will report their cost very high, such as pipe network costs (generally not less than 8% of the industry profits), the cost of water is very high.

    Now the NDRC is pricing according to the social cost method. The Water Service Company calculates a fixed rate of return on the basis of offering products, such as 10%.

    This can control the highest price of water.



    16 brand edible oil price increase as high as 30%



    The Beijing Morning Post reported that following the application of Guangming and Sanlu to raise the price of pure milk last month, the NDRC issued a notice yesterday that it agreed to the application of YIHAI KERRY investment limited to raise the price of edible vegetable oil in small packages.

    The increase is likely to be as high as 30%.





    Yihai Jiali Investment Limited produces 16 brands of edible oil including "golden dragon fish", "fragrant garden", "Yuanbao", "Hu Ji Hua", "carp", "Qiao kitchen", "Citigroup" and "hand sign".

    That is to say, the approved edible oil products may involve all kinds of products of the 16 brands mentioned above.

    According to the oil industry, COFCO will follow up after the increase of YIHAI KERRY.



    Wholesale prices of rice in Dongguan rose across the board.



    Recently, the number of rice producing countries in the world has been lost, rice production is reduced, and international speculators are hoarding.

    The Hong Kong dollar was dragged down by the continued depreciation of the US dollar, which led to a sharp rise in the import price of grain in Hongkong, which led to panic buying by local residents, and the wholesale price of Dongguan's rice rose across the board. Shenzhen residents also began to lay grain.



    The wholesale price of rice in Dongguan rose all the way, the import of fragrant rice increased by 20%, and the average of domestic rice increased by 5%. The retail price is expected to rise after 35 days.

    Some people in charge of tea restaurants said that if the price of rice rose, the price of cooking rice could be increased according to the performance of colleagues.



    Multi brand milk powder will rise in price



    The price rise of foreign milk powder began yesterday.

    Beijing supermarket and enterprise side said that the brand milk powder will rise one after another in recent days.

    "Some milk powder has a price per day since March."

    A salesperson from Carrefour's Fangzhuang store said that most of the price of foreign milk powder had gone up on that day, for example, "Wyeth" gold loaded Ai Le music rose from 130 yuan per tank to 159 yuan, and a variety of 900 grams of canned milk powder rose to nearly 200 yuan.



    The Wumart supermarket said it had decided that the price will begin to adjust in the next one or two days.

    The price of milk powder is related to domestic and imported well-known brands, such as Sanlu, Dumex and Wyeth. The average price is up by 10%, and the highest increase may be nearly 20%.

    Wyeth's director of public relations, Xi Qing, said that the rise should start yesterday, because it has been and wartime.

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