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NDRC: China holds ample salt supply

Source:   Time:

Rumors in some Chinese cities suggest radiation has leaked into the sea from Japan's nuclear power plant, compromising the safety of salt taken from the sea. Now, China's top economic planner has ordered a crackdown on hoarding of daily necessities amid the salt panic spreading throughout the nation. It's also pledging ample supply of daily staples including salt, saying it will work to meet market demand and maintain price stability.

The National Development and Reform Commission says local price control authorities should counter rumors about shortages of daily necessities and discourage hoarding of goods.

Meanwhile, the Commerce Ministry has also taken measures to ensure the sufficient supply of salt in the market to meet consumers' needs. The ministry is also working with relevant departments to combat hoarding and other illegal moves that could interrupt the market.

Geng Hongzhou, Official of Ministry of Commerce said "We want to tell customers the real supply and demand in the market, and we're capable of ensuring sufficient supply."

China's largest salt maker, China National Salt Industry Corporation, says the company has substantial salt reserves to meet people's needs. And the company has launched an emergency response mechanism to step up production, and started a 24-hour distribution program.

Dong Yongsheng, Deputy General Manager of China Salt said "We have ample salt reserves to meet people's needs. Panic buying and hoarding is unnecessary. Our reserve can ensure consumption for no less than 3 months."

Dong says China has an annual salt production capacity of more than 80 million tons, but the country's consumption of edible salt is around 8 million tons a year.

Rumors in some Chinese cities suggest radiation has leaked into the sea from Japan's nuclear power plant, compromising the safety of salt taken from the sea in the future. But China Salt says the sea hasn't been polluted, and salt taken from the sea is mainly for industrial production, not for human consumption.

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