BEIJING, Jan. 19 (Xinhua) -- Chinese Commerce
Minister Chen Deming on Saturday called on departments at all levels to ensure
market supply during the Olympic Games and public holidays such as the upcoming
Spring Festival.
"Our top priority is to guarantee
sufficient supply of major commodities, such as grain, edible oil and meat
products," Chen said at a national commerce working conference concluded here on
Saturday.
He said local departments should watch closely over
price fluctuations of major commodities to prevent overall price increases.
Governments should pay special attention to the consumption demand of low-income
families and college students.
Chen added local departments should offer price
forecasts to help stabilize consumer sentiment and step up production to ensure
market supply.
The nation currently has commodity reserves in 23
provincial regions for 22 kinds of products. It also has a primary market
supervision network covering 22 distribution industries and 600 consumer goods.
As domestic consumers prepared for the annual Spring
Festival shopping spree, the government on Wednesday moved to restrict price
rises on key household commodities, including grain, edible oils, meat, milk,
eggs and liquefied petroleum gas.
It was the latest in a series of moves since July to
cool surging inflation, which has stayed well above the official critical mark
of four percent and reached an 11-year high of 6.9 percent in November.
Official statistics revealed edible oil, pork and
beef prices in early January in 36 large- and medium-sized cities nationwide
surged 58 percent, 43 percent and 46 percent, respectively, year on year.