China News Service, Beijing, September 16 (Reporter Zhou Rui) China's National Development and Reform Commission spokesperson Meng Wei revealed on the 16th that the Mid-Autumn Festival and National Day are approaching, and the National Development and Reform Commission will increase the central frozen pork reserve in accordance with the market situation. Meet the consumer demand of residents and ensure that pork prices basically operate smoothly.

  Meng Wei made these remarks at a press conference held by the National Development and Reform Commission that day.

  She said that recently, various parties have paid more attention to the increase in vegetable prices. According to the data in August, vegetable prices increased by 6.4% month-on-month, mainly due to the impact of adverse weather such as heavy rainfall and floods. The temporary tight supply in the region has pushed up the price increase to a certain extent.

  However, Meng Wei emphasized that the growth cycle of vegetables is relatively short. With the reduction of extreme weather in the later period, autumn vegetables will be on the market one after another. The market supply is expected to recover in a relatively short period of time, and the price of fresh vegetables will fall.

  In Meng Wei's view, at present, China's price level is generally within a reasonable range.

The year-on-year increase in CPI has been below 3% for four consecutive months, and the increase in August was the smallest in nearly 17 months.

  She believes that from a later point of view, the foundation for the stable operation of China's prices is still solid. With the gradual recovery of live pig production and the obvious reduction of tail-lifting factors, it is expected that the year-on-year increase in CPI will continue to stabilize.

  Meng Wei said that the Mid-Autumn Festival and National Day are approaching. In order to ensure market supply during the "two festivals" period and ensure supply and stable prices, the National Development and Reform Commission will continue to monitor the production of finished grains, edible oil, pork, chicken, eggs, vegetables and other commodities. For market and price conditions, emergency monitoring will be initiated during holidays to keep abreast of market price changes and react quickly.

  She revealed that since 2020, a total of 24.63 billion yuan of temporary price subsidies have been issued across China, benefiting about 366 million people in need.

The National Development and Reform Commission will subsequently guide and urge local governments to issue temporary price subsidies in full and in a timely manner as required, and encourage qualified localities to continue to implement the phased "standard increase and expansion" policy of temporary price subsidies or issue one-off subsidies to effectively protect the basic livelihood of people in need.