Wen Jiabao: Policy Measures To Stabilize Consumer Prices

According to the Chinese government website, the State Council

The meeting pointed out that since the beginning of this year, in accordance with the requirements of the CPC Central Committee and the State Council on handling the relationship between maintaining stable and rapid economic development, adjusting the economic structure and managing inflation expectations, various regions and departments have taken measures to develop production, ensure supply and strengthen supervision, and have achieved positive results in price regulation and supervision.

But since July, influenced by many factors at home and abroad, the prices of daily necessities mainly based on agricultural products have increased rapidly, and the overall price level has risen month by month, which has increased the cost of living for urban and rural residents, especially for the middle and low income groups.

The meeting stressed that we should fully understand the importance and urgency of stabilizing market prices and take effective measures in time. We must also see favorable conditions and positive factors for stabilizing market prices, correctly guide market expectations and strengthen confidence.

In line with the principle of "basing on the present, focusing on the long term, comprehensively implementing policies, focusing on governance, ensuring people's livelihood and stabilizing expectations", we should adhere to the combination of supporting production, ensuring supply and restraining unreasonable demands, implementing short-term contingency measures and establishing long-term mechanisms, straightening out the relationship between price relations and safeguarding the basic livelihood of the masses, maintaining the normal operation of enterprises and combating price violations, inhibiting the upward trend of prices, ensuring the livelihood of the masses, and maintaining steady and rapid economic development.

The meeting identified the following policy measures: (1) ensuring market supply and promoting price stability.

We should further implement various measures to support agricultural production and maintain stable development of agriculture.

We should grasp the efforts to put sugar in grain, oil and sugar, and implement the system of grain and oil storage in small packages.

Do a good job in winter vegetable production and increase the supply of overwintering vegetables.

We should improve the green channel policy for fresh agricultural products pportation and reduce the circulation cost of agricultural and sideline products.

Increase the external pport capacity of Xinjiang cotton.

We will continue to implement preferential policies on electricity consumption, gas consumption and railway pportation for fertilizer production, and ensure the supply of fertilizer production.

Organize coal production and supply, give priority to ensuring the pportation of power generation coal, ensure the normal life and electricity supply of urban and rural residents and enterprises.

Increase the output of refined oil, especially diesel, and ensure open supply.

(two) improve the subsidy system and arrange the life of the needy people.

All regions and departments concerned should, according to the actual situation, grant temporary price subsidies to those entitled to preferential treatment, urban and rural minimum living allowances, and rural five guarantees.

The linkage mechanism of social assistance and protection standards and price rise should be established as soon as possible in all regions, and the basic pension, unemployment insurance and minimum wage standards should be gradually raised.

(three) enhance the regulation and pertinence and improve the price environment.

We will continue to implement regulations governing and standardizing charges, cancel a number of unreasonable charges and reduce the high fees.

Grasp the timing, rhythm and strength of the adjustment of government management price.

Keep the price of natural gas stable.

When necessary, temporary intervention measures should be applied to important daily necessities and production materials.

(four) strengthen supervision and maintain market order.

We should rectify the order of major agricultural products acquisition, strictly examine the qualification of grain acquisition, strengthen supervision over grain purchase funds, and ban acts of unlicensed purchase and processing cotton without evidence.

Shut down the corn deep processing enterprises that violate the regulations.

We should strengthen supervision over agricultural futures and electronic trading markets, curb excessive speculation and ban illegal pactions.

We should improve laws and regulations on price supervision and increase penalties for illegal activities.

We should strengthen law enforcement and focus on combating malicious hoarding, driving up prices, disguised price increases, collusion in price increases, collusion in price increases, and other illegal acts, and severely punish vicious speculation.

We should improve the price information release system and stabilize social expectations.

The meeting called for all regions and departments concerned to attach great importance to strengthening coordination and supervision and inspection, earnestly implementing the "rice bag" governor responsibility system and "vegetable basket" Mayor responsibility system, to ensure that all policies and measures are in place.