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China vows to stabilize prices and ensure supply

Source:   Time:

In an official circular, Chinese government reiterated it will improve efforts to stabilize prices and ensure abundant supply of essential commodities.

The joint circular issued by the General Offices of the CPC Central Committee and the State Council Sunday says cracking down on price speculation and related market manipulation should be high on the agendas of governments at all levels. The circular also urged improved supervision of the food and medicine market.

It called on related departments to distribute subsidies for low-income groups in a timely way and to help those in disasters-hit areas, to get through the winter with enough necessities.

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