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Lawmakers start debating Cabinet report on commodity prices

(Xinhua)
Updated: 2008-12-24 10:36

China's top legislature on Wednesday morning started debates on a Cabinet report, which detailed government measures in stabilizing commodity prices since May 2007.

Zhang Mao, vice minister of the National Development and Reform Commission, delivered the report to lawmakers at a plenary session of the National People's Congress Standing Committee.

The National Bureau of Statistics said on Dec 11 that China's CPI rose at a slowing annual rate of 2.4 percent in November.

The CPI rate had slowed for seven straight months because of a sharp fall in world commodity prices and sluggish demand amid the global financial crisis.