The NDRC Has Recently Controlled Or Controlled Price Increases Of &Nbsp; &Nbsp; May Directly Limit Prices.

Authorities told reporters 15 days ago that the recent rapid rise in food prices has aroused great concern. The authorities concerned will recently introduce policies to control the excessive rise in food prices.

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According to the above sources, rising prices, especially food prices, are the most important problems in the current national economic situation. The core intention of this study is to contain the rapid rise of prices as soon as possible, and adopt a "combined boxing" approach including various price control measures. Then, the relevant ministries and commissions will come up with specific plans and be implemented by local governments.

The combined boxing may include administrative measures to limit prices to continue to rise when prices continue to rise too fast and exceed the limit. In addition, the mayor responsibility system of vegetable basket is strengthened in all provinces to prevent low self sufficiency rate of vegetables in some big cities, and the price of vegetables is too fast because of insufficient supply.

If the rate of increase is too high, local governments will use vegetable base construction funds to subsidize prices, so as to prevent rising prices.

Analysts pointed out that, according to the previous relevant policy procedures, it is likely that this week will study the deployment of price stabilization work, and then the development and Reform Commission and other departments will issue specific measures according to the requirements.

The above authorities also disclosed that more severe punishment measures will be taken for the phenomenon of funds hyped agricultural products, especially for hype corn and cotton.

In May this year, three ministries and commissions jointly issued a notice, saying that once they were identified as hoarding and other acts, they would be punished by as much as 5 times.