National Development and Reform Commission: my country's price level remains within a reasonable range during the "Two Festivals" period, the supply of important livelihood commodities is guaranteed

　　On December 16, the National Development and Reform Commission held a regular press conference in December to announce the macroeconomic performance and answer questions from reporters.

Meng Wei, deputy director and spokesperson of the Policy Research Office of the National Development and Reform Commission, introduced at the press conference that the New Year’s Day and the Spring Festival of 2022 are approaching, the supply of important livelihood commodities is guaranteed, and prices will remain stable.

　　China-Europe freight trains have transported more than 100,000 tons of anti-epidemic materials

　　At the press conference yesterday, Meng Wei introduced that from the perspective of power generation, the national industrial power generation above designated size was 7382.7 billion kWh from January to November, a year-on-year increase of 9.2%, an increase of 11.3% over the same period in 2019, and an average increase of 5.5% over the two years.

In November, the nation’s power generation was 654 billion kilowatt-hours, a year-on-year increase of 0.2%.

In terms of electricity consumption, electricity consumption across the country from January to November increased by 11.4% year-on-year.

　　Regarding the situation of China-Europe freight trains, Meng Wei introduced that in November, China-Europe freight trains opened 1,246 trains, transporting 120,000 TEUs, an increase of 1% and 4% year-on-year respectively, and the overall heavy container rate was 99.4%. It continued to operate at a high level, with 19 consecutive trains. More than a thousand rows per month per month.

From January to November, a total of 13,817 trains were opened for China-Europe freight trains, transporting 1.332 million TEUs, an increase of 23% and 30% year-on-year respectively, and the comprehensive heavy container rate was 98.1%.

As of the end of November 2021, China-Europe freight trains have operated 47,414 trains, transported 4.297 million TEUs of goods, and transported 13.43 million anti-epidemic materials, totaling 103,000 tons.

　The price level remains within a reasonable range

　　At the meeting, Meng Wei said that since the beginning of this year, affected by multiple factors such as repeated epidemics, loose policies, and supply bottlenecks, the global price level has risen significantly.

my country's economy has been deeply integrated into the global economy, and price trends will objectively be affected by external factors, especially the previous rise in international bulk commodity prices that pushed my country's PPI upward rapidly.

But overall, my country's price level remains within a reasonable range.

According to statistics released recently, in November, my country’s CPI and core CPI rose by 2.3% and 1.2% year-on-year, respectively. The average increase from January to November was 0.9% and 0.8%, which was much lower than that of major global economies. The tight supply of energy and raw materials that had caused excessive price increases in the previous period was gradually eased. The month-on-month increase in PPI narrowed sharply from 2.5% last month to zero, and the year-on-year increase narrowed by 0.6 percentage points.

　　Prices of important livelihood commodities are basically stable

　　Meng Wei said that the New Year's Day and the Spring Festival in 2022 are approaching. Recently, the National Development and Reform Commission has been closely monitoring market operation and price changes, and will deploy and carry out scheduling for the maintenance of supply and price stability of important livelihood commodities this winter and next spring.

From the perspective of market conditions, the supply of important livelihood commodities is abundant and prices are basically stable.

This year's grain output hit a new high, the supply of live pigs and pork was sufficient, and the beginning of a large number of winter vegetables on the market also contributed to the decline in the price of vegetables that had risen in the previous period.

Judging from the progress of work in various regions, the work of ensuring supply and stabilizing prices is solid and effective.

In particular, large and medium-sized cities have generally enriched small-package finished grains and oils, increased reserves of pork and northern winter and spring vegetables, and achieved "goods in the warehouse."

The overall judgment is that the supply of important livelihood commodities during the "Two Festivals" period is guaranteed, and prices will remain stable.

　　Meng Wei said that in the next step, the National Development and Reform Commission will strengthen the price monitoring and early warning of important livelihood commodities, guide local production to stabilize production, enrich commodity reserves, strengthen production and sales linkages, make emergency plans, and promptly adopt reserve releases and cheap sales in accordance with changes in market conditions. Effective measures provide a more powerful guarantee for the people's livelihood consumption.

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　　Guide coal market prices to operate within a reasonable range

　　Recently, the National Development and Reform Commission conducted special investigations on improving the coal market price formation mechanism.

In response to the specific situation of this investigation and the subsequent measures to improve the coal market price formation mechanism, Meng Wei responded that the National Development and Reform Commission will timely introduce targeted policies and measures to guide coal market prices to operate within a reasonable range and promote coal and electricity prices to pass. Effective linkage with market-oriented methods.

　　Meng Wei said that in this survey, the participating companies generally stated that the coal and coal power industries have a relatively stable relationship between production and sales. Judging from the law of market operation for many years, the coal price objectively has a reasonable range. When the coal price runs within a reasonable range , Coal production, circulation, and consumption can remain basically stable, and coal and electricity upstream and downstream industries can achieve better coordinated development; hope that the country will study and introduce relevant policies as soon as possible, comprehensively adopt market-based and legal measures, and guide coal prices to operate within a reasonable range. Promote the effective linkage of coal and electricity prices through market-oriented methods.

　　Meng Wei said that my country's energy resource endowment is dominated by coal, and further improving the coal market price formation mechanism is of great significance to promoting the coordinated development of upstream and downstream coal power and ensuring the safe and stable supply of energy, and it currently has favorable conditions.

In the next step, the National Development and Reform Commission will fully listen to the opinions and suggestions of all sectors of society, further in-depth research and demonstration, and timely introduce targeted policies and measures to guide the operation of coal market prices in a reasonable range, promote the effective linkage of coal and electricity prices through market-oriented methods, and promote upstream and downstream Coordinate high-quality development.

This group of articles / our reporter Xiong Yingqi coordinated / Xu Feng