Home / Metal News / Lawmakers Debate Cabinet Report on Commodity Price

Lawmakers Debate Cabinet Report on Commodity Price

iconDec 7, 2009 13:16

BEIJING, Dec. 24 -- 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 December 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.

    (Source: Xinhua)

China economy macroeconomy
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn