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

   

Price rises approved in 7 regions

By Wang Xu (China Daily)
Updated: 2008-02-28 07:50

Authorities have approved price hikes for a number of basic necessities, amid rising costs faced by manufacturers and wholesalers.

Two cooking oil producers in Beijing were given the green light by local authorities to raise the prices of 13 oil products, with the highest seeing an increase of 9 percent, the National Development and Reform Commission (NDRC) said yesterday.

Government agencies in six other provinces including Guangdong, Jilin and Zhejiang also received applications from retailers and manufacturers to raise prices, some of which were dismissed for being "unreasonable", the commission said.

Related readings:
 January CPI may decline to 2.9%
 CPI rises to 7.1%, worst in 11 years
 Wheat price surge confounds experts
 
No need to fear mainland price hikes
 China's producer price index hits three-year high

On Jan 17, the central government decided to temporarily intervene in the market to control the prices of a range of daily necessities such as grain and meat, to rein in inflation.

By Jan 26, 31 provinces, municipalities and autonomous regions had introduced similar measures.

Currently, major producers need to obtain government approval before raising their prices, while major wholesalers are required to file a statement to government agencies if they raise prices by 6 percent within 10 days, or by 10 percent within a month.

Companies such as cooking oil producer Luhua Group and dairy company Mengniu Dairy need to get approval from the NDRC before raising prices.

Local governments also oversee the price adjustment of smaller producers, wholesalers and retailers.

In a recent case, local price authorities required a supermarket in Nanton, Jiangsu province, to lower its pork prices, which were raised much faster than its purchase prices.

"The tight approval process highlights the government's concern over inflation," Chen Jijun, chief analyst for Beijing-based CITIC Securities, said.

The consumer price index (CPI) grew 7.1 percent year on year in January, the highest level since 1997. Government statistics show the inflation has been largely confined to food prices, which jumped 18.2 percent in the past month.

"But now signs are clear that inflation has been spreading to other sectors, as more and more manufacturers are trying to raise prices," Chen said.

Production prices climbed 6.1 percent year on year in January, the fastest in three years, adding pressure to efforts to curb inflation, analysts said.

The producer price index also climbed 6.1 percent in January from a year earlier, the fastest in three years. The index measures the average change in the prices received by producers for their output, and reflects potential inflationary trends.

Ma Jun, an economist from Deutsche Bank, said inflation is likely to hit two or three new highs in the first quarter and exceed 8 percent year-on-year next month.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 色婷婷色 | 中文字幕精品一区二 | 一级片在线观看免费 | 五月天综合激情 | 天堂网视频在线 | 亚洲精品视频免费看 | av热热| 天堂中文在线网 | 国产精品日| 久久久久久久久久久国产精品 | 国产18在线 | 人人澡人人射 | 毛片大全免费看 | 欧美色综合天天久久综合精品 | 国产又粗又猛又爽又黄视频 | 精品自拍偷拍 | 日本天堂在线 | 国产小视频在线看 | 午夜激情福利网 | 在线观看福利视频 | 天堂网2020 | 国产肥老妇视频 | 极品探花在线观看 | 亚洲高清视频在线播放 | 香蕉视频在线观看网站 | 91久久在线观看 | 亚洲欧洲在线播放 | 亚洲国产精品久久 | 日韩一级免费 | 亚洲精品2 | 亚洲欧美日韩久久 | 国产三级精品三级 | 免费视频国产 | 女性裸体不遮胸平台 | 日本理伦片午夜理伦片 | 自拍偷拍在线视频 | 九九热在线视频观看 | 伊人再见免费在线观看高清版 | 国产精品二三区 | 国产免费一区二区三区四在线播放 | 色综合自拍 |