Metals News
Lawmakers Debate Cabinet Report on Commodity Price
data analysis
Dec 7,2009

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
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